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What is daca Blockchain (Blockchain Uncle),

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daca Blockchain, developed by the Institute of Computing of the Chinese Academy

What is daca Blockchain (Blockchain Uncle),

daca Blockchain, developed by the Institute of Computing of the Chinese Academy of Sciences, is a decentralized distributed ledger architecture that aims to solve the problems that most enterprise applications cannot currently achieve. It uses open source technology to manage off-chain data to ensure information security and integrity, without the need for third-party participants to maintain and modify. It automatically executes through smart contracts, reducing transaction costs and improving efficiency. At the same time, it uses cryptography to design a system for preventing double identity verification, enabling all records on the network to be completed with one click, greatly improving the security, stability, and scalability of the system.

Blockchain Uncle

According to Coindesk, Gary Cohn, the blockchain uncle in the UK and former Wall Street financial analyst, stated in his blog this week: “I have heard a lot about cryptocurrency and blockchain technology. They consider Bitcoin and other digital assets to be real.” In addition, Gary made some contributions to the Ethereum network and its token economics. “If we don’t carefully study the invention itself (i.e., its use cases), then it cannot be considered a reliable thing.”

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