Xiaobit Public Blockchain Encrypted Data Network System, abbreviated as XBT Public Chain. It is a "brand new, global, and ecological" public blockchain encrypted data network system.The XBT public chain is just like the mobile version of Android/Apple system and the computer version of Windows operating system. The XBT public chain supports various DAPP architectures, which can meet various commercial or application-oriented needs, such as finance, agriculture, social networking, education, employment, pension, public welfare, health care, commodity anti-counterfeiting, food safety and other projects in many fields. It is a global Big data, artificial intelligence, network security The development of the digital economy provides comprehensive blockchain technology services, and XBT is a blockchain technology service system that is accessible, fair, and open to everyone.XBT public chain uses the most advanced blockchain 3.0 technologyBitcoin used the most advanced Hash algorithm SHA2 at that time. Later, Ethereum used the more secure and reliable high-quality algorithm Keccak. Now, Little Bitcoin uses the latest algorithm SHA3 after adjusting Keccak by NIST (National Institute of Standards and Technology).The Application Value of XBT Small BitsXBT, like Bitcoin, is based on mathematics and cryptography for encrypting data, which does not have any value in itself. However, unlike Bitcoin, it has no real purpose. XBT has the main bridge and security function in the public blockchain encrypted data network system of XBT, and the security function is indispensable. This requires that all gateways participating in this protocol must hold XBT.XBT small bits have been applied to: scanning your blockchain anti-counterfeiting platform, collision APP (Big data AI intelligent blockchain social platform) Ai Chain, Shizhen nourishing APP, quasi Tibetan APP, Cook blockchain ecological platform, ABCKIDS, Centennial Testament, Magic Brush Maliang intellectual property platform, Huiziyang tourism project, Pujiang County smart agriculture project, etc.XBT Xiaobit can provide free access to any government, enterprise, or individual project that requires blockchain technology for services, from platforms to online stores.The total amount of XBT is fixed, and the operation of these applications requires the use of XBT as fuel, continuously consuming XBT (permanently destroyed), and daily output transactions will destroy XBT, which means that the circulation of XBT will continue to decrease.When XBT protocol becomes the mainstream payment protocol globally, gateways will have a wider demand for XBT, with strong demand but decreasing circulation, leading to a faster appreciation of XBT.Working principle of XBT public chain systemUsing a gateway or XBT bit as a bridge, User A can exchange any type of encrypted data or virtual encrypted data for XBT bits, and then send it to User B in any other region. User B can exchange the received encrypted data for any cryptocurrency they need; There is another mode where user A stores encrypted data in a gateway trusted by user B and transfers it to user B. The XBT small bit system also allows users to distribute "private encrypted data" within the system. If a certain XBT small bit user A has a good reputation, A can exchange their own "private encrypted data" with another user servant B who trusts him (User A) and is willing to accept it for other currencies such as US dollars or Bitcoin; User B can redeem the encrypted data exchanged for Party A as needed. This is actually a borrowing process, and User A has the financing power to borrow from others.In terms of the overall structure of the XBT small bit system, it adopts a "decentralized" architecture. In summary, this is a decentralized internet encrypted data exchange and trading system that covers all encrypted data currencies.The XBT small bit protocol maintains a common distributed ledger across the entire network. This agreement has a "consensus mechanism" and a "verification mechanism", through which transaction records are promptly added to the general ledger. The XBT small bit system generates a new ledger instance every few seconds, and the new transaction records generated within these seconds are quickly verified based on consensus and verification mechanisms. These sub ledgers are arranged in chronological order and linked together to form the overall ledger of the Little Bit system. The "consensus mechanism" of Xiaobit allows all nodes in the system to automatically receive updates to the transaction records of the general ledger within a few seconds, without the need for a central data processing center. This extremely fast processing method is a major breakthrough in small bit systems.Compared to Bitcoin's data record packaging and transaction confirmation methods, the Little Bitcoin system has two differences: firstly, the packaging speed of transaction records (blocks) is faster (Bitcoin takes about ten minutes, while Little Bitcoin only takes a few seconds), and secondly, the confirmation method of transaction records (blocks) is faster (Bitcoin requires multiple nodes to confirm one by one, while Little Bitcoin confirms all nodes together, which is Little Bitcoin's "consensus mechanism"). So the confirmation time for new transaction records in the small bit system only takes 3 to 5 seconds, while Bitcoin typically takes 40 to 50 minutes....