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#数字资产市场动态 Keywords in the blockchain world, today let's break them down for everyone.
First, let's talk about public chains. Bitcoin, Ethereum, and other globally open, permissionless blockchains are the foundational layer of decentralized trust. All applications and ecosystems are built on top of them.
Next is hash. Think of it as the ID card of data — each piece of data has a unique digital fingerprint. As long as the original data is even slightly altered, the hash value will change completely. That’s why blockchain can prevent tampering — because of this.
Timestamps are also crucial. The time confirmed by the entire network consensus, once written into a block, cannot be forged. Its role is to provide an authoritative order of all events — who came first, who came later, clearly.
Finally, smart contracts. These are executable codes deployed on the chain that automatically run when conditions are met, without manual intervention. They are the core programming rules that enable decentralized applications to operate automatically, and they are the soul of Web3 gameplay.