区块链的两个奖励是什么,区块链的两个奖励指什么
区块链的两个奖励是挖矿奖励和交易奖励。挖矿奖励是指矿工通过提供计算资源来为网络提供服务,从而获取奖励;而交易奖励则是指用户在区块链网络中进行交易时,可以获取一定的奖励。
挖矿:挖矿是指矿工通过提供计算资源来为区块链网络提供服务,从而获取挖矿奖励。比特币的挖矿模式是比较典型的,每个矿工都可以通过提供计算资源来挖掘新的比特币,从而获得挖矿奖励。比特币的挖矿奖励是每挖出一个新的区块,就可以获得12.5个比特币的挖矿奖励。
交易奖励:交易奖励是指用户在区块链网络中进行交易时,可以获取一定的奖励。这种奖励可以帮助区块链网络激活,从而促进区块链的发展。例如,以太坊网络中的交易奖励是指用户在网络中进行交易时,可以获得一定数量的以太币作为交易奖励,以此来鼓励用户积极参与网络中的交易活动。
共识机制:共识机制是指区块链网络中参与者之间形成共识的一种机制,它可以确保网络中的交易是有效的、安全的和可信任的。共识机制是区块链网络中的一个重要组成部分,它可以有效地保证网络中的交易是有效的、安全的和可信任的。例如,比特币网络中采用的共识机制是工作量证明(Proof of Work),它使得网络中的交易可以被有效地确认,从而保证交易的安全和可信任性。
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1. How ordinary people can make money with blockchain. How to make money with blockchain.
The emergence of blockchain is a new social trend. It heralds the arrival of a new era of transformation of human society and change of dynasties. The sociological foundation of blockchain is based on the evolutionary laws of nature, society, and technology based on biological logic: distributed, decentralized; from edge to center to edge, from out of control to control and back to out of control. The technical foundation of blockchain is a distributed network architecture. It is precisely because of the maturity of distributed network technology that decentralized, weak-centered, sub-centered and shared, consensus, and shared organizational structures, business structures, and social structures can be effective. Build it up.
First, currency speculation. Coin speculation is the lowest threshold way to make money in the blockchain. The one that everyone is most familiar with is Bitcoin. Bitcoin has increased 40,000 times since its birth. In addition to Bitcoin, there are many digital currencies, such as Ethereum and so on.
Coin speculation is divided into primary market (ICO) and secondary market (exchange). The primary market is like an angel round investment for a certain project, which is usually played by experts; the secondary market is to buy coins on the exchange, just like buying stocks, buy low and go high.
Second, traders. Blockchain is a global market. The price of each currency on each platform and each time period is different. Many people can, like small traders, move from low-price platforms to high-price platforms to sell and make a profit on the price difference. The threshold for this way of making money in the blockchain is low. However, now there are team vendors who use software to operate quickly and accurately.
Third, earn commission from promotion. This method is like a Taobao customer who promotes Taobao product links and gets a commission when the transaction is completed. The blockchain approach is to first register an exchange account, generate your own invitation link, and then promote it. If someone registers the exchange through your link and generates transactions, you will get a commission. The threshold for this way of making money in the blockchain is also relatively low.
Fourth, mining. “Mining” in Bitcoin is the accounting process. This process requires grabbing, and if you grab the opportunity to bookkeeping rights, you will be rewarded, and the reward is Bitcoin. This behavior is "mining". Mining requires equipment, professional mining machines. The threshold for this way of making money in the blockchain is slightly higher.
Fifth, technical support. Provide blockchain technology support to some teams and enterprises. This way of making money in the blockchain has a high threshold and requires a technical foundation.
Sixth, open an exchange (trading website). Open a trading website, let everyone trade, and charge handling fees. The threshold is high.
Seventh, develop wallet. The wallet is the infrastructure of the blockchain, just like the "Alipay" or "WeChat Pay" of the blockchain. Mainly business traffic. The threshold is high.
Eighth, do blockchain projects. For example, issuing coins. For example, Ethereum. The Ethereum Foundation raised $18 million in start-up capital and then kept 10 million Ethereum for itself. The way they play is this, first spend the raised funds, mainly to developers. As developers develop the core technology, Ethereum appreciates in value. Then consume ether coins, spend 9 million ether coins, and the ether coins will circulate. The remaining 1 million Ethereum coins are valued at US$100 million; B. Research blockchain applications. The threshold for this way of making money in the blockchain is very high.
Ninth, basic equipment suppliers. When blockchain becomes popular, whether it is mining or anything else, equipment is needed. For example, the production of mining machines and chips. For example, Bitmain, which produces hardware and software, earns billions of dollars a year. The threshold for this way of making money in the blockchain is too high.
2. Blockchain block-producing node incentive plan
All public blockchains have appropriate inflation. In Bitcoin and Ethereum, rewards are based on block production. EOS is inflation fixed.
Since Bitcoin and Ethereum are blocks competing for POW computing power, miners maintain the security of the system and obtain transaction fees and block rewards.
EOS cannot adopt the Bitcoin plan because there are no handling fees in EOS. If the Bitcoin plan is followed, that is, the final total amount is constant, the reward is halved every few years, and the reward will be close to 0 in the future. , miners have no incentive to maintain the system.
EOS and ZIL, one mines the maximum value of a single node’s capabilities, and the other mines the network’s horizontal expansion capabilities. Two different designs and different philosophies are very representative, so the following mainly introduces EOS. and ZIL’s incentive package.
1. EOS
The block rewards of Bitcoin and Ethereum are easy to understand. The following focuses on the inflation model of EOS, the registration of block nodes and the receipt of rewards.
EOS’s block reward comes from inflation, with an annualized inflation rate of 5%. This 5% is used as producer rewards and proposal funds, of which producer rewards account for 1% and proposal funds account for 4%.
It is worth mentioning that among the producer rewards, the block-producing node is rewarded 0.25%, and all nodes that receive votes are rewarded the remaining 0.75%.
The starting point of Ethereum’s uncle block rewards is the same, which is to reward producers and motivate them to maintain the system.
If you want to become a producer, you need to register with the system first. After voting, the 21 nodes with the most votes will be selected.
If you want to receive rewards, you first need the consent of the majority of the current block-producing nodes. As eosio, distribute eos from eosio.token to three system accounts, respectively.They are eosio.saving, eosio.bpay and eosio.vpay, which respectively correspond to the proposal fund, block producing node and vote-getting node in the inflation model.
Specific block-producing nodes can receive rewards by claimingrewards to the system.
2. Zilliqa
ABA adopts the sharding model, you can refer to Zilliqa’s incentive model.
ZIL's inflation model is similar to Bitcoin, that is, the total amount is constant, the block reward decays every 4 years, and after the block reward is issued, the transaction fee is used to incentivize the block nodes.
The incentive for ZIL to return blocks is the same as that of Bitcoin and Ethereum, that is, it will be returned after the block is produced.
The difference is that ZIL is divided into DS and shard. Every time a block is produced, the leaders of DS and shard can receive rewards.
In ZIL, the incentives that DS and shard leaders can receive are almost the same, but DS leader has an advantage. If the total reward rent of the current block is m, there are n in total. Nodes can receive rewards, so in addition to the shard leader who can receive m / n tokens, he can also receive additional m - n * (m / n) tokens, that is, the decimal part of m / n n times.
3. Explain blockchain in vernacular
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Recently, various ICO financial scams have been blocked in China, but this does not hinder the vigorous development of blockchain technology. After all, technology is innocent and can bring benefits to people. As for how to use it, it depends on people to operate it. If the operation is good, you can recommend development. If the operation is not good, it is like the major ICO projects. Find some knowledge for Internet celebrities to conduct so-called illegal fund-raising and financial fraud.
After talking for a long time, what is blockchain? When it comes to blockchain, the first thing that comes to mind for many people is Bitcoin. We need to solve a problem. Bitcoin is a blockchain, but blockchain is not Bitcoin. Simply put, blockchain is distributed ledger technology (DLT), not a token. It has many characteristics, such as decentralization, traceability, and difficulty in tampering.
(1) Blockchain is a distributed database
First of all, this is a decentralized distributed architecture system. Therefore, having only one central server or node is not called a blockchain. For example, if you go to Taobao to buy a mobile phone, you and the seller are strangers and have no basis for trust. If you give the money to the seller first,The seller is likely to block you by not delivering the goods, and then your mobile phone money will be gone. If the seller ships first, do you pay? It is possible that you do not pay the seller after receiving the goods, and one party may lose money anyway. At this time, a third-party guarantee is needed to solve the trust problem. Just like Alipay now, you give money to Alipay and the seller will deliver the goods. When you receive the goods, the seller will receive the money.
The above example is a centralized system because all guarantee work is handled by Bora, a third-party payment company. Suppose one day Alipay wants to tamper with data, neither buyers nor sellers can do anything because all authority is in the hands of one company.
At this time, a distributed database is needed. This third party is no longer Alipay, but thousands of monitors. When you buy a mobile phone on Taobao, you will shout to everyone that I am going to XXX to buy a mobile phone, and I paid XXX yuan. The other person will yell like everyone else. I collected XXX’s mobile phone bill and sent it over. In this way, everyone knows about this transaction and everyone is recording this transaction, so it is useless if one or two nodes have problems or malicious behavior, because most nodes have recorded this matter.
(B) Blockchain uses encryption technology to ensure data security
There are two important points here: 1. Crypto-enabled hash function 2. Asymmetric encryption.
If you are interested in specific concepts, you can go online, but people without basic knowledge may not be able to understand it, because these two points are too professional. In fact, if you only know the use of blockchain, you don’t need to have an in-depth understanding of it. It is also a technical concept. All you need to know is that blockchain relies on these technical points to ensure data security and is not easily tampered with. Of course, many people say that these two points can guarantee 100% non-tampering. I want to be a little conservative here. As an author who works in the security industry, I have always been skeptical about 100% security, so it may be more appropriate to call it difficult to be tampered with.
I will briefly introduce these two concepts and try to explain them clearly in plain English.
1. Cryptographic Hash Function
This is mainly used to verify the integrity of information. For example, I sent a message to the company leader saying that I was sick on Friday and needed to take a day off. At this time, a hash value will be generated based on the message I sent, such as: 123456. At this point, when the leader receives this message, a hash value is also generated. Because the content of the message I sent has not changed (it has not been tampered with), the hash value remains unchanged, still: 123456. This is if someone wants to tamper with this news and get sick on Friday and need to take a year off. At this time, the hash value will change, such as: 123489. That's when we learned our information had been tampered with.
2. Asymmetric encryption
It is mainly used for information encryption and authentication. It is actually two keys, one is called the public key and the other is called the private key. Public key encryption, private key decryption.
A public key is a key that everyone has. You own it, I own it. We can all encrypt with this key, but when decrypting it must be decrypted with my private key. if you haven'tWith my private key, you can't decrypt it.
(C) The blockchain uses a consensus algorithm to reach consensus on new data.
The role of the consensus algorithm is to enable all nodes to reach a consensus on the new block. In other words, everyone must approve the new block.
For a centralized deployment system, this is simple, everything is controlled by the center, but in the distributed system of the blockchain, it is very complicated. For example, there are three nodes. A said he bought a mobile phone from XXX store and paid for it, B said he didn’t pay, and C said he didn’t pay enough. Then who do you listen to? What's more, blockchain technology is not as simple as three nodes, but a huge distributed system.
This is when a solution is needed. There is a corresponding problem in computer science called the "Byzantine Universal Problem" or "Byzantine Fault Tolerance" (BFT). This question was raised not because of Bitcoin, but because of a special background.
Early aircraft had three independent control systems. Why do we need three independent control systems? For example, in an emergency, there is a plane opposite. How to judge whether you should hide? If there is only one system, there is no choice, which is equivalent to centralized deployment. If the system breaks, you're dead. What if one of the two systems breaks? The good ones are said to hide, and the bad ones are said not to hide. The computer cannot judge the final result. Therefore, three independent systems are needed to support it, and the probability of two total failures is still very small. But this only takes into account injuries. What should I do if there is a malicious system? Is three enough? The answer is no, we need four systems to maintain consensus.
The use of blockchain is similar, because it is supported by a huge number of nodes, and each node is an independent system without interfering with each other. We can assume that the number of failed nodes and malicious nodes is limited, so it will not cause abnormal consistency of data.
Related questions and answers: What is blockchain? What is the use?
Blockchain is a new computing paradigm and distributed infrastructure that uses fast chain data structures, distributed node consensus algorithms, cryptography and smart contracts based on automated script code to produce, verify, store and transmit data. It can also be said that blockchain is a distributed ledger technology that can provide a decentralized trust mechanism in a non-trust environment, allowing multi-party participants to conduct secure and trust-based transactions without intermediaries.
The core advantage of blockchain technology is decentralization. It can realize decentralized credit-based transactions in a distributed system where nodes do not need to trust each other by using data encryption, timestamps, distributed consensus and economic incentives. Point-to-point transactions, coordination and collaboration provide solutions to the common problems of high cost, low efficiency and insecure data storage in centralized institutions.
The fields of use of blockchain include digital currency, certificates, finance, anti-counterfeiting and traceability, privacy protection, supply chain, entertainment, etc. With the popularity of blockchain and Bitcoin, many related top domain names have been registered. It has had a relatively large impact on the domain name industry.
Related Q&A: Can you explain to me what a blockchain is in an easy-to-understand way?
Er Gazi is my childhood friend, we had sex together when we were youngAss_Hegou friendship. Later, I came to the city to study and work, and lived a life as a drifter in the north; he farmed at home and did some small business, and now he has a son and a daughter, and his life is safe. He envied my so-called "seen the world", and I envied his simple life without the pressure of mortgage loans. We have completely different and mutually enviable lives??
That day, Ga Zi came to me on WeChat and asked "District" What is a blockchain?" I was stunned for a moment, how could this idiot care about such an avant-garde word? I pretended to be calm and prepared to talk about the technical principles bit by bit, but I could see the confused expression of that idiot through the screen of my mobile phone. How to explain "what is blockchain" to people who have a little bit of Internet concepts and technical foundation? This seems to be a very thorny problem??
The village commissary interprets the core of blockchain (picture quoted from the Internet)
The core essence of blockchain is "decentralization", and almost all operating modes of blockchain operate around the concept of "decentralization". Once you understand what "decentralization" is, you can basically explain the question "what is a blockchain?" For Erga, of course, he must perform a version that he can understand.
“I said, Gazi, are you still open that canteen at the east end of the village?” Gazi answered yes. I decided to use this canteen as an example to explain the actual use of blockchain in modern business and financial models. Scenario, so that he can better understand what blockchain is.
"Are there still many villagers who take credit now? By the end of the year, some of the accounts cannot be remembered clearly, and there are still many defaulters or those who refuse to accept their accounts?" At this point, Ergazi got emotional and kept complaining. Nowadays, people's hearts are not as old as before, and business is difficult to do!
"In the past, the operation model of your canteen was a typical centralized one. You granted credit to the villagers and allowed them to take accounts on credit. All accounting was done directly through you and our villagers. You were the center of all accounting affairs." Ergazi said I understand, let me continue.
I said: "If you fail one day, then all the accounts will become dead debts? It will be difficult to get back the IOUs written in black and white, let alone those who remember the accounts verbally, but the block The decentralization of the chain can solve this problem very well. As long as the earth still exists, the blockchain will remember that every account will exist forever." Erga became more energetic after hearing this.
The essence of blockchain is "decentralization"
"The essence of blockchain is decentralization. Once someone takes credit from you, all the neighbors in the village will help you keep accounts. Because of the accounting There are many nodes, and it is neither easy to make mistakes nor others to default on the debt, so everyone reaches a consensus. If someone maliciously fails to pay back the debt, the whole village will know his character, and no one will be willing to have financial transactions with him in the future? ?"
At this point, Gazi was obviously a little excited. It seemed that he was really worried about the credit issue. Seeing that Gazi was interested, I felt a little sense of accomplishment and continued: "Of course, the above is just an analogy. In fact, the blockchain does not really allow the villagers to get paper and pen to help you keep accounts, but through the Internet It was completed by networking with the computer."
Gazi was a little confused at this time and askedSaid: "Then what others bought from me, wouldn't it be known to the whole village? Then who would buy from me? There is really no privacy at all. And you don't have time to keep accounts here. Last year's accounts It's said to be this year, so what if I keep delaying it?"
"Okay, Gazi, you've got the point right with this question." It seems that Gazi is not stupid at all, and he is still very shrewd in doing business. I continued to explain: "So, the recording and transmission of this information are all done through encryption. What you see is a string of numbers and English, and each account has a timestamp to record the time it occurred. , can't be relied on."
Gazi had another question: "Could it be that the people who owe the debt have a good relationship with the villagers, and they join forces to tamper with the accounting? Then it will be unclear what to say? ?”
“Gazi, that’s all you have to be careful about, haha.” I understood Gazi’s concerns and continued to explain: “The mechanism of the blockchain requires more than 51% of people to agree to tamper with a bill. Yes. There is a degree of closeness and distance between people, and it is impossible for everyone to prefer one person. If it were a computer, more than half of the computers in the entire network would need to recalculate. This project is so huge that it is almost impossible to complete?? ”
In this way, through the actual situation of the canteen and combined with some scenes in life, Gazi understood what is in the blockchain: decentralization, distributed accounting, consensus mechanism, encryption mechanism, timestamp, and Resistant to tampering.
Ergazi was silent for a moment, as if he was digesting the example I just gave him, and I don’t know how much he can understand it. Not long after, he sent me another voice message on WeChat: "What does blockchain mean? In the past, when I bought goods online and paid for them, I had to go through Jack Ma's house. If there is a blockchain, can it be done directly?" When trading with sellers, bookkeeping is very safe anyway."
"Okay, Gazi, it's really clear. Blockchain is essentially a decentralized distributed ledger data cloud. Of course, it can be understood as you understand it. "." I am very happy that Ga Zi can roughly appreciate the true charm of blockchain. Fortunately, my words have not been in vain.
What is Bitcoin? (Picture quoted from the Internet)
"Then what is Bitcoin? What does it have to do with the blockchain?" Gazi asked.
I thought about it briefly and decided to continue explaining the story of the canteen to Gazi: "In your canteen, the villagers can't keep accounts for you for free all day long. Do you have to bring something to visit during the holidays? Yes, this is the reward mechanism of the blockchain, and everyone who participates in bookkeeping may receive rewards."
"Then what are the rewards based on? There must be a rule, right?" Gazi asked very puzzled.
I explained: "Zhang San went to your store to buy a pack of cigarettes on credit, but Li Si knew about it first and kept an account for you first. Then other people knew about it and started keeping accounts. Then Li Si could get A small red flower as a reward ~ This little red flower is generated by the blockchain system and has no value in itself, so you do not need to pay any cost for this little red flower??"
"Then Bitcoin can be used as money flower? How is it different from the banknotes we usually spend? "Gazi continued to ask.
"Bitcoin is a digital encrypted virtual currency. In principle, it has no value itself like our banknotes. However, banknotes have a credit guarantee from the state, so they have value. Bitcoin is the value formed by consensus among Bitcoin network users, and it has tradable properties, so it can be used to carry value. "What is said here is a bit profound. I don't know if I can understand it.
I continued to explain: "Banknotes can be printed infinitely. If more are printed, inflation will occur. When we were young, popsicles worth 1 cent were very good. , now you can’t eat with 1 yuan. Of course, there are many factors that affect inflation. The number of Bitcoins is fixed, and there is no possibility of unlimited over-issuance. However, different people have different judgments on their value, and coupled with the influence of supply and demand and investor sentiment, their prices are always fluctuating. ”
What is the difference between Bitcoin price fluctuations and stocks?
“So is speculating in Bitcoin just like speculating in stocks? Can you understand it this way? "Gazi seems to know a lot.
"In fact, there are some similarities, but there are also big differences. "I continued Gazi's topic: "The price of stocks always fluctuates around the valuation of companies, and there is government supervision in the stock market. Bitcoin itself has no value. It is priced entirely based on supply and demand and player valuations. It grows wildly without any government supervision. Therefore, it may have higher risks and higher returns than stocks. "
In the end, Gazi revealed the real purpose of today. He asked me: "Can I invest in blockchain projects? "
Gazi is a typical example of those who don't go to the Three Treasures Hall for anything. Although there is a large circle of people who are involved in both blockchain and Bitcoin, in fact, what he really cares about is "blockchain project investment" Is it reliable? "When these words came out, I was extremely shocked. Now the so-called blockchain investment projects have actually reached fourth- and sixth-tier cities and small towns!
As of now, there are only three types of blockchain investments. Situation: Mining, currency speculation, so-called blockchain projects.
Mining and currency speculation are still the main lines of the blockchain (pictures quoted from the Internet)
The so-called mining means mining by purchasing mining machines, etc. Equipment, mine virtual currency, and then sell and realize it to get returns. You can install the mining machine yourself, or you can find a mining pool to host it, but the core keys to profitability are "computing power" and "power consumption" as well as Investment in equipment. With the sharp drop in the price of virtual currencies and the increase in mining difficulty, the current mining returns of many currencies are very unsatisfactory. Mining is obviously only a very small number of investors who understand technology can play successfully. I My childhood friend Gazi obviously can’t play with it.
As for “coin speculation”, I have just introduced some differences between Bitcoin and stocks in the previous section. In principle, although they are both “buy low and sell high” operations , but there is a huge difference. Ordinary investors cannot determine the value of a virtual currency itself, and the price is determined entirely by the relationship between supply and demand, which is somewhat similar to what we often call "market makers." On the other handOn the other hand, the virtual currency trading market is extremely unstandardized, and fraud and hacker attacks often occur. The risk factor is much greater than investing in stocks. For the safety of my friends' funds, I am one of the ten thousand people who disagree with me and come to "speculate in coins"!
The "September Fourth Movement" stipulated that the issuance of virtual currencies is illegal
In fact, in my opinion, most of the so-called investment projects in the market are essentially "illegal fund-raising" and "pyramid schemes." Some so-called blockchain investment projects attract investors into the circle through various packaging and inflammatory rhetoric, and then create the illusion of profitability by building a software and hardware ecosystem of issuing new coins + mining + currency speculation, and then finally run away. Our country's laws clearly stipulate that the issuance of virtual currencies is illegal.
Illegal pyramid schemes now wear the cloak of blockchain (picture quoted from the Internet)
And how to identify some pyramid schemes under the guise of blockchain? In fact, these pyramid schemes are also so-called Ponzi schemes, what we people often call "empty gloves." These so-called "direct sales" or "marketing" activities often have no actual products to circulate, and rely more on developing "downline" to ensure top-level profits. With the rise of the concept of blockchain, this MLM model has shown an intensification trend, and it even deceives people under the banner of state support for new technologies.
When Gazi asked, “Can blockchain projects be invested in?”, I realized the seriousness of the problem. Gazi is a typical young man from a small town, and his pursuit is his wife and children. But when faced with the attraction of "wealth", people often do inappropriate things. Mining and currency speculation are simply not suitable for him, let alone blockchain investment projects that are most likely "illegal financing" or "illegal pyramid schemes"!
I quickly called Gazi and conducted the above analysis carefully??
4. How many Bitcoins can be swiped with one mining card
How many Bitcoins can be swiped with one mining card? Swipe a few Bitcoins
Introducing the reward mechanism of the Bitcoin system. Through the system settings, Bitcoin can basically stabilize the mining of one block every 10 minutes on average. Each block reward is given to the miner who mined the block. The miners who dig out blocks are called block miners. Block miners will record legal transactions in the Bitcoin network on the blockchain, so that the miners can receive accounting fees.
BTC
The reward for block miners consists of two parts: one is the reward given by the system, and the other is the accounting reward, which is called the miner fee. The system reward starts with 50 Bitcoins. Every time the block height reaches an integer multiple of 210,000, the system reward will be halved. This is what we often hear about the Bitcoin mining reward being halved in four years. The current system reward is 12.5 Bitcoins.
At the current stage, the average reward for miners to dig out a block and the transaction fee received is about 0.1 Bitcoin (not fixed), which means the average reward for miners to dig out a block Approximately 12.6 Bitcoins. About 99% of miners’ rewards come from system rewards.
According to the Bitcoin system, one can be mined every 10 minutes on average.blocks, the number of new blocks that can be mined in one day is 144 (60*24/10=144), and the current number of Bitcoins that can be mined every day is 1800 BTC (144*12.5 BTC=1800 BTC). Including the mining fee of approximately 0.1 BTC per block, the total reward received by all miners in a day is approximately 1814.4 BTC.
The Xueshuo Innovation Blockchain Technology Workstation under Lianqiao Education Online is the only approved "Blockchain Technology Professional" pilot of the "Smart Learning Workshop 2020- Xueshuo Innovation Workstation" launched by the School Planning and Construction Development Center of the Ministry of Education of China. workstation. The professional position is based on providing students with diversified growth paths, promoting the reform of the training model integrating professional degree research, production, and research, and building an applied and compound talent training system.
5. What is blockchain and how does blockchain make money
I believe many people have heard of blockchain, but few people know what blockchain is. , Blockchain technology is hot now, and it is gradually extending to various fields. How does such a popular blockchain make money? Blockchain is a new application model of computer technology such as distributed data storage, point-to-point transmission, consensus mechanism, and encryption algorithm. The so-called consensus mechanism is a mathematical algorithm that establishes trust and obtains rights and interests between different nodes in the blockchain system.
The ways to make money in the blockchain are as follows:
1. Earn commissions through promotion.
The blockchain approach is to first register an exchange account, generate your own invitation link, and then promote it. If someone registers the exchange through your link and generates transactions, you will get a commission.
2. Coin speculation.
Currency trading is like stock trading. Coin speculation is the lowest threshold way to make money in the blockchain.
3. Mining.
"Mining" in Bitcoin is the accounting process. This process requires grabbing, and if you grab the opportunity to bookkeeping rights, you will be rewarded, and the reward is Bitcoin. This behavior is "mining".
4. Develop wallet.
The wallet is the infrastructure of the blockchain, just like the "Alipay" or "WeChat Pay" of the blockchain.
Faced with the current plummeting market situation of Bitcoin, many investors are worried about investing in blockchain or virtual currency. To be honest, it is the same whether they are investing in virtual currency or blockchain. Whether you make a profit or a loss depends on the individual, but if you want a low-risk platform that you can play with small funds, you can consider foreign exchange, ggfx's foreign exchange, Hang Seng Index and other products, with the advantages of all-weather trading, no slippage and no risk. Spreads, and you can trade with a small capital of 0.01 lots and only 8 US dollars. After understanding this knowledge about blockchain, I hope investors can reduce their worries when making choices.
6. Blockchain industry comparisonCan you list a few authoritative awards?
The Shanghai Blockchain Ceremony is relatively authoritative. At the 2021 Shanghai Blockchain Ceremony, Qulian Technology, a leading blockchain company, won two awards. Li Wei, founder and CEO of Qulian Technology, won the "2021 Outstanding Blockchain Entrepreneurship" award. Winner Award", and Hangzhou Qulian Technology Co., Ltd. was selected into the 2021 "National Blockchain Technology Application Selected Cases". OK, if necessary, your inquiries are always welcome.
7. What is blockchain and how to make money with blockchain
What is blockchain
With the popularity of blockchain, there are also domestic Some companies have begun to claim to have developed products with blockchain technology under the banner of blockchain. For most people, although they hear more topics about blockchain, few people actually understand the blockchain technology. Blockchain, so what is the arrival of blockchain?
Simply put, we can understand the blockchain as a public ledger. I believe everyone is familiar with the account book mentioned. Whether it is a company or an individual, it will keep accounts. In the traditional accounting method, there will be a person who specializes in accounting, and there will be a unified account book. The account book will be kept by the account keeper. Blockchain technology is a kind of "decentralized" and "trustless" distributed accounting, that is, there is no central ledger and no unique accountant. All people can participate in accounting. Once the accounting is successful, everyone can participate in the accounting. Everyone who makes an account has an account book, which can prevent the account book from being modified or the accounting data being lost.
Let’s take an example: When people usually shop on Taobao, because they don’t know much about Taobao merchants, we need to use a third-party platform, Alipay, to build trust between buyers and sellers. , and blockchain technology means that we no longer need a center like Alipay to build trust between buyers and sellers. After the transaction, both parties will notify someone to help record the transaction. Everyone has recorded the transaction, and everyone has Have a ledger. This is the decentralized and trustless accounting method of blockchain technology.
How to make money in blockchain
1. Coin speculation. Bitcoin, which has been very popular in recent years, is the earliest project to apply blockchain technology. The lowest threshold way to make money in blockchain is to speculate in coins. Investors can make reasonable use of time and other factors to buy and sell digital currencies. Earn the difference. Although this method is used by many people,I am here to remind everyone that there are risks in currency speculation, and everyone needs to invest cautiously.
2. Mining. Obtain digital currency through mining. For example, in Bitcoin mining, miners need professional mining machines. The process of "mining" is actually accounting. When the accounting is successful, the miner will receive Bitcoin as a reward.
Although blockchain projects are very popular in the market, there are also many scams using blockchain to defraud people. At present, blockchain is still in its infancy, and blockchain technology is still in its infancy. If it is not perfect enough, blockchain investment is also risky, so everyone needs to be cautious when investing.
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