复兴昆仲区块链

复兴昆仲区块链是一种新型的分布式数据库，它可以存储和管理用户的信息，比如货币、资产、合同等。它的特点是安全、可靠、可信和不可篡改，可以极大地提高数据的安全性和可靠性。

复兴昆仲区块链的优势在于它可以提供一种安全、可靠的记录和管理方法，可以有效地防止数据的篡改、被盗用或恶意篡改。复兴昆仲区块链可以通过加密技术来保护数据，从而提高数据的安全性和可靠性。

复兴昆仲区块链还可以改善货币和资产的管理，可以更有效地实现货币和资产的流动性，从而促进经济发展。复兴昆仲区块链可以帮助企业更好地管理货币和资产，可以有效地控制货币和资产的流动性，从而提高企业的效率和效益。

复兴昆仲区块链还可以帮助企业更好地管理合同，可以更有效地实现合同的管理和执行，从而提高企业的效率和效益。此外，复兴昆仲区块链还可以帮助企业更好地管理供应链，可以有效地控制供应链的流动性，从而提高企业的效率和效益。

总的来说，复兴昆仲区块链可以提高数据的安全性和可靠性，可以更有效地实现货币、资产、合同和供应链的管理，从而提高企业的效率和效益。因此，复兴昆仲区块链是一种有前景的技术，可以为企业带来更多的经济效益和社会效益。

请查看相关英文文档

⑴ What does blockchain mean?

Blockchain is a new application model of computer technology such as distributed data storage, point-to-point transmission, consensus mechanism, and encryption algorithm. Blockchain is an important concept of Bitcoin.

It is essentially a decentralized database. As the underlying technology of Bitcoin, it is a series of data blocks generated using cryptographic methods. Each data block contains a batch of The information of Bitcoin network transactions is used to verify the validity of its information (anti-counterfeiting) and generate the next block.

Blockchain is closely related to people’s production and life in public management, energy, hotel management, transportation and other fields, but the centralized nature of these fields also brings some problems , can be transformed using blockchain.

The decentralized fully distributed DNS service can realize domain name query and resolution through point-to-point data transmission services between each other in the network, and can be used for the operating systems and firmware of some important infrastructures. If it has not been tampered with, the status and initialization of the software can be monitored to detect bad tampering and ensure that the data transmitted by the system using IoT technology has not been tampered with.

⑵ What does blockchain mean?

Blockchain has two meanings:

1. Blockchain is a distributed data storage, New application models of computer technologies such as point-to-point transmission, consensus mechanisms, and encryption algorithms. The so-called consensus mechanism is a mathematical algorithm that establishes trust and obtains rights and interests between different nodes in the blockchain system.

2. Blockchain is the underlying technology of Bitcoin. It is like a database ledger that records all transaction records. This technology has gradually attracted the attention of the banking and financial industries because of its safety and convenience.

⑶ Web3 is an opportunity for Internet people. Former Tencent vice president started a business, and autonomous driving of logistics vehicles is hot

Today’s topic of Stock Rongyi Information

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Web3 is an opportunity for Internet people

Domestic Web3 entrepreneurs are still "insignificant", and only a small number of entrepreneurs with money and determination will go overseas to build products.

In the next ten years, Web3 may become the largest amplifier and era opportunity on the planet.

Since Web3 is still in its early stages of development, the definition is not clear. But the core lies in the "decentralization" achieved by relying on blockchain technology, which means that all content built on the public chain can be interoperable, the data is open and transparent, and is no longer monopolized or controlled by the platform, and transactions between the two parties are also This can be achieved without the consent of the platform or other third parties. The platform's decisions on major matters will be completed through collective decision-making by a DAO (decentralized organization) composed of community members.

The idealistic-sounding Web3 vision has not yet been implemented, and there are still many concerns about decentralization andThe controversy between efficiency and the numerous investors behind major Web3 projects also make people worry about whether the so-called "decentralization" is just another "centralization" movement.

As a brand new attempt, it is inevitable to encounter some problems. Since there are not many blockchain users now, Liu Zhiqiang, the head of Inke web3, estimates that the global monthly active users may not exceed 10 million. It is still too early to truly realize the social metaverse.

In addition, since the development of the Metaverse is still in its early stages, even the most popular applications on the market such as Axie Infinity or StepN are still questioned. There are currently no running applications on the market that can be directly used for reference. general economic model. All we can say is, “The greater the risk, the greater the opportunity.”

Although the long-term effect is unknown, in the short term, it is also a reassurance for investors. In May this year, Visual China launched an overseas digital art platform, and its stock price increased significantly on the day the news was released.

In the continuous "wave of layoffs in large factories", Web3 has bucked the trend and opened up a new bright road for workers in large factories.

The former Tencent vice president started his own business, and autonomous driving of logistics vehicles has become popular

In the past year or so, trunk logistics has become one of the most popular subdivisions in the field of autonomous driving. The industry has reached a consensus that this is a scenario with a large market and an early implementation, attracting many players and capital to enter the game. Inceptio Technology and Zhijia Technology announced that self-driving trucks have achieved mass production and normal operation; new players such as Pony Smart Card, a subsidiary of Pony.ai, DeepWay, Qiangu Technology, and Xinghuang Technology, a subsidiary of Pony.ai, have poured in, and financing news continues.

In August 2021, Inceptio Technology completed a US$270 million Series B financing. JD Logistics, Meituan, and PAG Investment Group (PAG) jointly led the investment, and Deppon Express, IDG Capital, and CMB International Wait for follow-up investment. In February 2022, the company completed a US$188 million B+ round of financing, jointly led by Sequoia China and Legend Capital, with follow-up investments from Chow Tai Fook Enterprises Co., Ltd., Yunbo Capital and others.

At the beginning of this year, the L3 smart heavy-duty trucks jointly developed by Inceptio Technology and its OEM partners were put into operation, with a total of more than 100 units, used by companies such as JD Logistics, Deppon Express, STO Express, ZTO Express and Nestlé. for its customers. Up to now, the autonomous driving commercial operation mileage of smart heavy trucks equipped with Inceptio Xuanyuan system has exceeded 3 million kilometers. The two drivers in the past have become one driver, and most of the journey is assisted by the system. The driver's status changes from driver to safety officer. This is the most intuitive change that autonomous driving has brought to the truck industry.

Ma Zheren said that the self-driving truck chain is very long, and each link has high barriers. Since its establishment, Inceptio Technology has insisted on doing the “hard but right things”: first, it does not pursue technologies that cannot be implemented, and determines the path of “full-stack self-research + front-loading mass production + in-depth operations”, in terms of autonomous driving software and hardware. technology R & DAt the same time, we will build mass production and operational capabilities; second, we will adopt a full-stack self-research approach; third, we will never make demo cars and will make mass-produced cars from the first day of establishment.

The difficulty in cooperating with logistics customers lies in whether the products can withstand actual combat tests.

Looking back on this road to mass production, Ma Zheren believes that the biggest challenge is to turn complex technology into products with user value, which must not only have good performance, but also control costs and meet customer requirements. Vehicle regulations require that one of the three is indispensable.

Currently, 100 smart trucks of Inceptio Technology have been on the road for less than half a year.

Ma Zheren said that products are mainly inspected in three aspects.

First, cost. Currently, on the routes that Inceptio smart trucks are running, on a single transportation mission with an average distance of 800 to 1,000 kilometers, the autonomous driving system mileage accounts for more than 90%, and can reach up to 99%. Xuanyuan system’s autonomous driving function covers In the entire highway, the driver is transformed from purely manual driving to a safety administrator. The fatigue level is greatly reduced. The whole process is realized from dual driving to single driving, which reduces labor costs. The cost per unit kilometer is already lower than the cost of manual driving.

Second, attendance and timeliness. The single driver's attendance rate is 100%, and both attendance rate and timeliness meet customer requirements.

Third, security. So far, it has remained safe with zero accidents, and the number of collision warnings per thousand kilometers is 40% lower than that of manual driving.

At the management level, Ma Zheren said that the commercialization of autonomous driving is an extremely complex long-chain business. The next step in business is to "resolutely not do anything that can be done or not."

Regarding profitability, Ma Zeren expects Inceptio Technology to achieve breakeven in about three years.

Inceptio Technology’s next goal is to operate 1,000 vehicles and drive 100 million kilometers.

Querongyi Information: Technology, Capital and Economic Trends

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The demand for new energy vehicles is huge, and the industrialization of lithium iron manganese phosphate is accelerating< /p>

With the rapid development of my country's new energy vehicle industry, the demand for power batteries has increased significantly, and the requirements for cruising range have also continued to increase. Recently, we learned from many lithium battery companies such as BYD, Guoxuan Hi-Tech, and Yiwei Lithium Energy that the industry currently has relevant research and layout for lithium iron manganese phosphate batteries. The agency stated that the energy density of iron lithium cathode is close to the theoretical extreme value, and manganese iron lithium may become the second growth curve of iron lithium enterprises. It can achieve an increase in energy density while combining the advantages of safety and low cost.

Wanda Film: Preliminary loss of 520 million to 600 million yuan in the first half of the year

Wanda Film announced on the evening of July 14 that it is expected to lose 520 million to 600 million yuan in the first half of 2022 , a profit of 639 million yuan in the same period last year. During the reporting period, the company’s domestic subsidiaries affected by the epidemicAt its peak, about 410 theaters were temporarily closed at the same time, accounting for close to 51% of the company's domestic theaters. The company's box office revenue fell sharply.

China Entertainment Association: It is expected that the annual revenue contraction of China's immersive scripted entertainment industry will decrease to 17 billion yuan in 2022

China Culture and Entertainment Industry Association and Meituan Research Institute released "China Immersive Entertainment Industry" Scripted Entertainment Industry Research Report (2021-2022)". The report shows that from 2018 to 2021, the overall number of escape room and scripted killing business venues has increased by more than 400%, and the scale of the immersive scripted entertainment industry has expanded rapidly. In 2022, due to the repeated impact of the epidemic, the development of the industry has suffered a slight setback. According to estimates from the China Culture and Entertainment Industry Association, the industry's annual operating revenue in 2022 will shrink from nearly 20 billion yuan in 2021 to 17 billion yuan.

Sequoia China reduced its shareholding in Meituan by 21.07 million shares, reducing its shareholding ratio from 3.19% to 2.81%

Stock exchange equity disclosure information shows that Sequoia China reduced its holdings by approximately 21.07 million shares. Meituan’s shares are worth approximately HK$3.9 billion, and its shareholding ratio has dropped from 3.19% to 2.81%. Sequoia has repeatedly reduced its holdings in Meituan or distributed shares to LPs in the past two years, perhaps because the fund has entered the exit period.

BYD: In the first half of the year, it is expected to achieve a net profit of 2.8 billion yuan to 3.6 billion yuan, a year-on-year increase of 138.59%-206.76%.

In the first half of 2022, despite the macroeconomic downturn, There are many unfavorable factors such as the spread of the epidemic, chip shortages and rising raw material prices, but the new energy vehicle industry has performed exceptionally well. The sales volume of the Group's new energy vehicles has been growing strongly, hitting record highs repeatedly, and its market share is far ahead. It has achieved rapid year-on-year growth, driving a significant improvement in profits and, to a certain extent, hedging against the profit pressure brought by upstream raw material prices. In terms of mobile phone parts and assembly business, demand from the consumer electronics industry is weak, but the Group's profitability has recovered thanks to improved cost control capabilities and product structure adjustments.

TSMC expects third-quarter sales of US$19.8 billion to US$20.6 billion

TSMC expects third-quarter sales of US$19.8 billion to US$20.6 billion. TSMC expects third-quarter operating profit margin to be 47% to 49%, compared with the estimate of 46.1%.

Musk: SpaceX’s “Starship” will make its first orbital flight as soon as August

Musk, CEO of the U.S. Space Exploration Technology Company (SpaceX), tweeted on July 13 Te said that if previous tests go well, the first orbital flight of "Starship" will be held as soon as August.

Deep learning models screen new drugs a thousand times faster

According to a report on the official website of the Massachusetts Institute of Technology (MIT) on the 12th,Scientists at the school developed a geometric deep learning model called EquiBind, which pairs drug-like molecules with proteins 1,200 times faster than the fastest existing computational molecule pairing model, QuickVina2-W. Related research has been submitted to a preprint server and will be submitted to the International Machine Learning Conference.

The following are today’s equity financing events compiled for you by [Querongyi Information]

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Shanmao Qidong received Series A financing, Xin Shang Capital investment

As an important direction to promote infrastructure construction, the progress of the 5G industry chain this year is expected to exceed expectations, and subsequent 5G applications will usher in new development opportunities with policy support.

Century Yun'an completed tens of millions of yuan in angel round financing, with Kunzhong Capital leading the investment

Century Yun'an solved the difficulty of community charging and charging through the "unified construction and unified operation" operating model Pain points such as low digitalization.

Shenzhen "Hongxinyu" completed hundreds of millions of yuan in Series A financing, led by SMIC Juyuan

Recently, Shenzhen Hongxinyu Electronics Co., Ltd., a provider of flash memory control chips and solutions Co., Ltd. (hereinafter referred to as "Hongxinyu") has completed several hundred million yuan in Series A financing. This round of financing was led by SMIC Juyuan, and was followed by a number of state-owned assets and industrial institutions such as Hefei Industrial Investment and Kunqiao Capital. The funds raised will be focused on the continued research and development of new storage products. Public information shows that "Hongxinyu" is a provider of memory chips and solutions, focusing on the research and development, production, testing and sales of memory chip products.

Shenzhen stable isotope drug R&D company "Dingbang Bio" completed tens of millions of yuan in angel round financing

Recently, Shenzhen Dingbang Biotechnology Co., Ltd. (hereinafter referred to as "Dingbang Bio" ) received tens of millions of yuan in angel round financing exclusively invested by Yanghe Investment, and the funds will be used for R&D investment and technological innovation. Founded in August 2019, Dingbang is a biopharmaceutical and medical device company integrating the research and development, production, sales and service of stable isotope drugs. At present, some core products have completed pre-clinical research and are preparing to enter the IND stage.

"Digital Force Field" received tens of millions of yuan in angel round financing

"Digital Force Field" received tens of millions of yuan in angel round financing from BV Network Venture Capital. The funds were mainly used Research and development of underlying technologies related to virtual assets, such as AIGC. According to reports, the digital force field will not only serve as an important infrastructure for personal digital assets in the future, but also serve as an entrance to connect various metaverse scenes.

⑷ What is the concept of blockchain

Blockchain is a term in the field of information technology.

Essentially, it is a shared database. The data or information stored in it has the characteristics of "unforgeable", "full traces left", "traceable", "open and transparent" and "collectively maintained". . Based on these characteristics, blockchain technology has laid a solid foundation of "trust", creating a reliable "cooperation" mechanism with broad application prospects.

On December 2, 2019, the word was selected into the top ten buzzwords of 2019 by "Biwenqiezi".

Related to blockchain financial applications:

Since 2016, major financial giants have also taken notice and launched blockchain innovation projects to explore the application of blockchain in various financial scenarios. Possibility of applying blockchain technology. In particular, Puyin Group took the lead in pioneering the “blockchain”-based digital currency.

The standard digital currency is an asset that has been identified, evaluated, confirmed, insured, etc. by a third-party organization and written into the blockchain through a rigorous digital algorithm to form a link between the asset and the digital currency. The standard correspondence relationship is called a standard digital currency.

In order to realize the great leap forward development of blockchain finance, in order to promote the new development of China's economy, accelerate the circulation of global assets, and realize the dream of rejuvenation that generations have been striving for, Puyin Group will On December 9, the Puyin Blockchain Finance Guiyang Strategy Release Ceremony was held in Guizhou.

The meeting will discuss the digital circulation of assets through blockchain, the blockchain financial transaction model, and the application of blockchain services and social public industries. This conference will mark the beginning of the application of blockchain finance and the transformation and development of a new financial ecosystem.

⑸ Ultra-detailed compilation of blockchain and cryptocurrency industry terms (recommended collection)

Bitcoin Glossary: ​​Every blockchain and cryptocurrency phrase you need to know

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Despite the difficulties, blockchain technology has become mainstream. Bitcoin has become a household word, with financial institutions around the world investing in the cryptocurrency or allowing their clients to do so. At the same time, NFT has attracted the participation and appreciation of celebrities from all walks of life.

But despite this, blockchain technology remains very mysterious. Only talented engineers - many of whom were early adopters of cryptocurrencies like Bitcoin and Ethereum - can truly understand this, while it can still be difficult for laypeople.

Below is a glossary of blockchain terms you may find useful. (All phrases in alphabetical order)

Airdrop

An airdrop is when a company drops a cryptocurrency or NFT directly into your wallet. Instead of an IPO, the blockchain service will launch tokens and airdrop them to users who have used the service. There are several reasons for this: it could be pure marketing, as the airdrop raises awareness of the tokens people can invest in, or it could provide governance tokens for the DAO.

A recent example: the Ethereum Name Service allows users to change their wallet number to a wallet name (such as CNET.eth). Last December,It launched its own ENS token, airdropping a certain amount to everyone who uses the service. The more people use the Ethereum name service, the more tokens they get airdropped — worth tens of thousands of dollars in some cases.

Altcoin

Any cryptocurrency that is not Bitcoin or Ethereum is called an Altcoin. Sometimes called "shitcoins."

Binance

The world's largest cryptocurrency exchange, where people buy and trade cryptocurrencies. It is under investigation by the U.S. Department of Justice and the Internal Revenue Service for tax evasion and money laundering.

Blockchain

Blockchain is a "distributed database". Simply put, it is a decentralized ledger that records information in digital “blocks.” Once a block is mined and added to the chain, it cannot be changed, so the blockchain provides a public record of unchangeable data.

There are many different blockchains with varying degrees of decentralization, efficiency, and security. Many people have their own cryptocurrencies - for example, Ethereum is a cryptocurrency built on the Ethereum blockchain.

Bitcoin

Bitcoin is the first cryptocurrency, built on the Bitcoin blockchain. It was created in 2009 by a person or group of people under the pseudonym Satoshi Nakamoto. Only 21 million pieces can be minted, of which approximately 18.9 million are already in circulation.

Burning

Cryptocurrency is "burned" by sending to a wallet that can only receive but not send. Burning mechanisms are often used to create a deflationary effect: the fewer tokens in circulation, the scarcer the tokens held by investors.

Buy the dip

This refers to buying more of an asset after its price has fallen. For example, if the price drops by $10,000, a Bitcoin holder might “buy the dip.”

Cold Wallet

A cryptocurrency wallet that is not connected to the Internet. These wallets are safer and less susceptible to scams.

Cross-chain

The ability to send data, tokens or assets from one blockchain to another. This is different from "multiple" that are built to work on multiple blockchains."Chain" service.

Cryptography

A form of information encryption in which data can only be decrypted using a key. Blockchains using proof-of-work protocols rely on Solve extremely complex cryptographic puzzles in order to mine and verify new blocks.

Cryptocurrency

Cryptocurrencies are tokens native to the blockchain. Cryptocurrencies are often followed by Minted with each new block mined. For example, each time a new Ethereum block is mined, miners are compensated with two ethers.

A cryptocurrency is a type of token. They are Their birth is the defining factor: other tokens are created using platforms and applications built on top of the blockchain, while cryptocurrencies are built into the blockchain’s protocol.

Decentralization Dapps

Abbreviation for decentralized applications.

DAO

A decentralized autonomous organization. DAO is a Organizations that make decisions by consensus: All governance token holders receive voting rights in organizational decisions, and the solution with the most votes is the DAO's course of action. Imagine a decentralized investment bank, but instead of fund managers Instead of making investment decisions, holders of their governance tokens vote on how to invest the funds in their treasury.

Decentralized exchange

Decentralized Decentralized exchanges are used to buy and trade cryptocurrencies. Unlike typical exchanges, these exchanges use peer-to-peer trading that bypasses any centralized authority. These include Uniswap and Sushiswap.

Decentralized Finance ( DeFi)

The abbreviation of "decentralized finance". DeFi is any financial instrument that uses blockchain technology to bypass centralized institutions, such as smart contracts or DAO.

Diamond Hands )

A Diamond Holder is someone who holds financial assets for the long term or during periods of price volatility.

DYOR

Abbreviation for "Do Your Own Research."

DYOR

Abbreviation for "Do Your Own Research."

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Ethereum (ETH)

Cryptocurrency mined on the Ethereum blockchain. Ethereum has a market capitalization second only to Bitcoin, but is a more commonly used cryptocurrency. Most altcoins are also built on Ethereum and are therefore pegged to Ethereum. Most NFTs are also built on Ethereum, which is why Ether is the primary token used in NFT transactions.

Ethereum

A blockchain that competes with Bitcoin. It aims to take the blockchain technology pioneered by Bitcoin developers and use it for more complex financial instruments such as smart contracts.

Flash loan

Flash loan is a DeFi tool that allows loans to be made without collateral. Flash loans allow you to borrow money to buy an asset, but only if you can buy the asset and repay the interest within the same block. Imagine using a loan to purchase a $1 million house, but the loan will only be approved if you have lined up another buyer who is willing to pay enough for you to repay the loan plus interest.

These loans use smart contract technology.

FUD

Abbreviation for "fear, uncertainty and doubt". This could be legitimate, such as people expressing concerns about the safety or legality or safety of a token or NFT project, such as an organized move to encourage people to sell, lowering the price of an asset.

Gas

Gas is the price you pay to use the Ethereum network. Each transaction requires a gas fee, which depends on how overloaded the blockchain is. Prices typically range from $50 to $500 per transaction, but prices can spike when the network is under heavy load.

Governance token

Governance tokens are cryptocurrencies that give their owners voting rights on a given project. See also: DAO.

GWEI

The cost of gas is expressed in GWEI. As a rough guide, when gwei is below 50, gas will be cheap, and when gwei is above 100, gas will be expensive.

HODL

An intentional misspelling of "hold" used to encourage people to hold their coins during price drops.

Layer 1 and Layer 2

If you dabble in cryptocurrency, you will have heard of Layer 1 and Layer 2 solutions. Layer 1 is the blockchain architecture itself, while Layer 2 refers to the architecture built on top of the blockchain.

For example, take the high gas cost problem of Ethereum as an example. Layer 1 solutions are to make the Ethereum blockchain more efficient, for example by adopting a proof-of-stake protocol. An example of a Layer 2 solution is Immutible X, an exchange built on Ethereum that uses smart contract technology to allow gas-free, carbon-neutral trading.

Liquid Market

A liquid market is a market with a large number of buyers and sellers, which allows buy and sell orders to be completed almost immediately. Cryptocurrency markets are liquid, NFT markets are not. Most legal cryptocurrencies can be bought and sold at any time, as NFT traders are required to list items for sale in the hope that buyers will purchase them manually.

Mainnet

A blockchain protocol for public use will be put into the mainnet. This distinguishes it from a testnet, which is more like a beta release of a blockchain protocol.

Memecoins

Many cryptocurrencies are designed to provide utility or services. Memecoins offer no practical prospects and exist purely as speculative assets. Dogecoin is the most well-known, but there are many, many more.

MetaMask

A browser-based online digital wallet, mainly used on the Ethereum blockchain transaction.

Mining

Mining is the process of verifying transactions and adding blocks to the blockchain. This usually involves powerful computers solving complex password problems. Crucially, this is also how new cryptocurrencies are added into circulation.

Mining Rig

A powerful computer set up for the specific purpose of mining cryptocurrency.

Mining Farm

A warehouse (or room) of mining equipment that operates around the clock and is used to mine cryptocurrency.

Mint

On the blockchain, minting means validating information and making it a block on the blockchain.

To "mint" an NFT means to purchase it from its creator during a public sale. The "mint price" is the price at which its creator sells it - for example the "mint price" of Bored Ape Yacht Club is 0.08 Ether. After all NFTs in a collection have been minted, traders who want exposure to the collection need to purchase them from a secondary market like OpenSea.

Multi-chain

Applications or services designed to work with multiple blockchains. This is different from cross-chain applications and services, which are designed to send data or assets from one blockchain to another.

MOON

A sharp surge in price is called "mooning" or "a moon". "To the moon" is a common phrase.

NFT

Non-fungible token. These are digital contracts that prove ownership of digital assets. Currently, they are associated with art, but NFTs can prove ownership of any number.

Off-Chain/On-chain

On-chain refers to things that exist on the blockchain, and off-chain refers to things that exist on the blockchain something other than something. Cryptocurrencies are on-chain currencies, and fiat currencies are off-chain currencies.

OpenSea

It is the largest NFT marketplace, specializing in Ethereum-based NFTs. (NFTs built on different blockchains are often sold on specialized marketplaces. For example, Solana NFTs are sold on Solanat.)

Play to Earn (P2E)

Play to Earn (P2E) games integrate blockchain and reward players with in-game cryptocurrency. Cryptocurrencies in these games can be exchanged for Bitcoin or Ethereum. The most prominent example is Axie Infinity, where players can earn Smooth Love Potion ($SLP).

Proof of Work

WorkloadProof of Work (POW) is a consensus mechanism by which blocks are added to the blockchain. Proof-of-work requires miners to solve complex cryptographic puzzles, which require large amounts of energy from powerful mining equipment, in order to verify new blockchain transactions.

Proof-of-work is a secure and decentralized consensus mechanism, but it is notoriously inefficient. This is how the Bitcoin and Ethereum blockchains work, although Ethereum will soon move to a more efficient Proof of Stake.

Proof of Stake

Faced with the huge energy demand of proof of work, Proof of Stake (POS) is a newer consensus mechanism that can mine areas more effectively. piece. Proof of Stake allows cryptocurrency holders to validate new blocks on the relevant blockchain.

They do this by staking their cryptocurrency. Network users stake their cryptocurrency, and if their stake is selected via a random algorithm, they have the opportunity to validate a new block – for which they are rewarded in the form of more cryptocurrency. The more cryptocurrencies are staked, the greater the chance that users will be selected to validate new blocks.

Proof-of-work rewards those who expend the most computing power to solve cryptographic puzzles, while proof-of-stake rewards those who have invested in the cryptocurrency for the long term.

Pump and dump (Pump and mp)

Pump and dump schemes involve artificial incentives for a product, causing people to buy it and raising its price. The pump-and-dump coordinators then sell their assets at inflated prices, causing prices to fall sharply.

These exist in traditional markets but are more common in cryptocurrency trading because the low liquidity of micro-cap cryptocurrencies makes their prices easier to manipulate.

Rug pull

A rug pull is when the creator of a cryptocurrency disappears, taking the funds with them. A recent example is the counterfeit Squid Game coins, although these coins are far from rare. “Carpet” is essentially shorthand for “scam.”

Satoshi Nakamoto

A pseudonym for the creator of Bitcoin. The white paper explaining the need for decentralized finance and explaining how Bitcoin works was signed by Satoshi Nakamoto, but no one knows who the real person was. It is speculated that Satoshi Nakamoto was actually several people.

Seed Phrase

When you createWhen you create a cryptocurrency wallet, you are given a 12-word seed phrase. Every time you log into your wallet on a new device, you will need to use a mnemonic phrase. Never give your mnemonic phrase to anyone.

Sharding

Sharding distributes the network load on the blockchain, allowing more transactions to be processed per second. This sounds boring, but it's very important. Ethereum will integrate sharding next year, which will make using it cheaper and less damaging to the environment.

Shitcoin

Shitcoin is an altcoin that provides no utility, whether it is a memecoin or a void altcoin.

Silk Road

Silk Road was an online black market that was shut down by the FBI in 2013. This is where many people are first exposed to cryptocurrency, as Bitcoin is a popular payment method for illegal goods on the site.

Smart contract

A smart contract is a digital contract that executes itself when required conditions are met. For example, if Wallet X sends 0.08 ether to Wallet Y, Wallet Y sends NFT Z to Wallet X. They are most commonly used for automated trading, but can also be used for more complex purposes, such as quick loans.

Stable coin

Stablecoin is a cryptocurrency pegged to the US dollar. These include Tether and USDC. Their purpose is to allow cryptocurrency traders to keep their coins within the crypto ecosystem without experiencing the volatility of Bitcoin and Ethereum price fluctuations.

Staking

Equity staking is to lock the funds held in the cryptocurrency wallet to support the operation of the blockchain network. Essentially, it involves locking up cryptocurrency to earn rewards. In most cases, the process requires users to participate in blockchain activities using a personal crypto wallet.

The concept of equity staking is closely related to the Proof of Stake (PoS) mechanism. It is used in many other blockchain systems based on PoS or similar.

TLT

Abbreviation for "think long term".

Tokenen)

Tokens are various forms of blockchain assets. A cryptocurrency like Bitcoin is a type of token. Other types include governance tokens , which grant holders voting rights in a DAO or service, or utility tokens , which grant access to services based on the number of tokens held.

TXN

Abbreviation for transaction.

Utility Token

A token designed to provide a certain function. These can be access to applications, services or games. Examples include Filecoin, which grants access to blockchain-based digital storage, and Link, which connects smart contracts for off-chain type data.

Vanity Address

Personalized wallet addresses provided by companies such as Ethereum Name Service. It allows you to change your wallet address to a word or phrase of your choice, such as CNET.eth.

Vaporware

Products that were promised but never actually made it to market. The term became popular in the late 1990s with the original dot-com boom and has seen a revival thanks to shady cryptocurrency creators.

Vitalik Buterin

The creator behind the Ethereum blockchain.

Wallet

A cryptocurrency wallet is a place where you can store cryptocurrencies and NFTs. These wallets can be hot or cold wallets – i.e. browser wallets connected to the internet or physical hardware not connected to the internet. Wallets are read-write, which means they can receive information as well as signatures or online IDs.

Web 3

Web3 is the next iteration of the Internet imagined by blockchain enthusiasts. From the invention of the Internet until around 2005, Web1 was the read-only Internet. Web2 refers to the emergence of users being able to produce content and upload it to the Internet. Web3 will be an Internet integrated with blockchain. Imagine owning your social media posts as NFTs, using a cryptocurrency like Ethereum as a universal currency, and having your wallet as a form of ID rather than an email/password combination.

Whale

People who hold large amounts of cryptocurrency.

Whitelist

Pre-sale list of cryptocurrencies and NFTs. Whitelisted investors can purchase assets ahead of a public offering, sometimes at a discount.

WAGMI

Abbreviation for "we're all going to make it".

⑹ What does blockchain mean and how to understand it

Blockchain, distributed data storage, point-to-point transmission, consensus mechanism, New application models of computer technologies such as encryption algorithms.

Blockchain is an important concept of Bitcoin. It is essentially a decentralized database. As the underlying technology of Bitcoin, it is a series of related data generated using cryptography methods. Each data block contains a batch of Bitcoin network transaction information, which is used to verify the validity of the information (anti-counterfeiting) and generate the next block.

Notes

1. Blockchain originated from Bitcoin in November 2008 On March 1, a person claiming to be Satoshi Nakamoto published the article "Bitcoin: A Peer-to-Peer Electronic Cash System", which elaborated on P2P network technology, encryption technology, timestamp technology, blockchain technology, etc. The architectural concept of the electronic cash system marked the birth of Bitcoin.

Two months later, the theory came into practice, and on January 3, 2009, the first genesis block with serial number 0 was born. A few days later, block number 1 appeared on January 9, 2009, and was connected to the genesis block number 0 to form a chain, marking the birth of the blockchain.

2. In order to realize the great leap forward development of blockchain finance, in order to promote the new development of China’s economy, accelerate the circulation of global assets, and realize the dream of rejuvenation that generations have been striving for, Puyin Group launched the On the 9th, a Puyin Blockchain Finance Guiyang Strategy Release Ceremony was held in Guizhou. At the meeting, the digital circulation of assets through blockchain, the blockchain financial transaction model, and the application of blockchain services and social public industries will be discussed. Explore.

⑺ What is the cross-chain technology of blockchain?

Explain in layman’s terms: If we assume that the database is a ledger, reading and writing the database can be regarded as a kind of accounting Behavior, the principle of blockchain technology is to find the person with the fastest and best accounting within a period of time, let this person do the accounting, and then send this page of information in the ledger to everyone else in the entire system. This is equivalent to changing all the records in the database and sending them to every other node in the entire network, so blockchain technology is also called a distributed ledger (Bihui Digital Currency Trading Platform)