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挖矿区块链是什么意思,挖矿区块链app

发布时间：2023-12-06-02:03:00 来源：网络区块链知识区块挖矿

挖矿区块链是什么意思,挖矿区块链app

近年来，随着区块链技术的发展，挖矿区块链已经成为一个热门话题。挖矿区块链是一种分布式的数据存储技术，它可以帮助用户存储和管理数据。它可以有效地防止数据被篡改，从而确保数据的安全性。

挖矿区块链的主要功能是提供一个安全、可靠、可信任的数据存储环境，以及一个可靠的数据存储技术，以及一个可靠的数据安全机制。它是一种分布式的数据存储技术，可以帮助用户存储和管理数据，并可以有效地防止数据被篡改，从而确保数据的安全性。

挖矿区块链是一种新型的数据存储技术，它可以帮助用户存储和管理数据，并可以有效地防止数据被篡改，从而确保数据的安全性。它可以帮助用户实现数据的安全存储、安全传输和安全处理，从而保证数据的安全性。

挖矿区块链app是一款基于挖矿区块链技术开发的应用程序，它可以帮助用户存储、管理和处理数据，并可以有效地防止数据被篡改，从而确保数据的安全性。挖矿区块链app提供了一种安全、可靠、可信任的数据存储环境，它可以帮助用户更加安全地存储和管理数据，从而提高数据的安全性。此外，它还可以提供一个可靠的数据安全机制，以及一种可靠的数据存储技术，从而确保数据的安全性。

挖矿区块链app可以帮助用户更加安全地存储和管理数据，从而提高数据的安全性。它可以实现数据的安全存储、安全传输和安全处理，从而保证数据的安全性。此外，它还可以提供一种可靠的数据安全机制，以及一种可靠的数据存储技术，从而确保数据的安全性。

总的来说，挖矿区块链app是一款基于挖矿区块链技术开发的应用程序，它可以帮助用户更加安全地存储和管理数据，从而提高数据的安全性。它可以提供一种安全、可靠、可信任的数据存储环境，以及一种可靠的数据安全机制，以及一种可靠的数据存储技术，从而确保数据的安全性。因此，挖矿区块链app是一款可以有效提高数据安全性的应用程序，是保护数据安全的有效工具。

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1. How to make money by mining in the blockchain

The principle of making money by mining: PoW and mining.

In the beginning, Bitcoin could be mined using graphics cards, but in 2013, it was no longer possible to mine Bitcoin BTC using general-purpose computing programs for graphics cards. Bitcoins are now all mined using ASIC mining machines. ".

Similarly, the launch of Litecoin ASIC mining machines in 2014 also ended the history of Litecoin mining using graphics cards. The current digital currencies that graphics cards can "mine" are Ethereum ETH, Ethereum Classic ETC, and Zcash Zerocoin ZEC.

Graphics card "mining" is not a profitable business. In fact, the earlier you start, the higher the income will be, and the income will decrease as more miners and graphics cards are added.

To put it bluntly, buying a high-priced graphics card to enter "mining" will definitely kill you. Purchasing a professional mining machine is a more cost-effective choice. Nowadays, the essential tool for personal mining is a mining pool. The function of a mining pool is to gather a large number of mining machine computing power to increase your chances of mining coins. At the same time, the coins you can mine in the future are evenly distributed to your account in advance.

Take Bitcoin as an example. If the entire Bitcoin network now generates a block every 10 minutes, this block contains 25 Bitcoins. Assuming that there are 10,000 people in the world participating in mining, then within these 10 minutes, only one lucky person will take away the 25 Bitcoins.

Others have nothing to gain. The principle of the mining pool is that everyone forms a team to mine and allocate according to the agreed distribution method, so that the miners' mining returns tend to be stable and the miners' risks are reduced.

In order to enhance the cost performance, you can also purchase some practical mining machines like Wanke Cloud, which can be used as ordinary hardware products and can also be used for mining, killing two birds with one stone.

(1) Mining Blockchain 108 Extended Reading

There are several core operations of blockchain transactions and digital currencies:

A transaction network connected by decentralized databases - called a blockchain. All our clients (including mining machines) keep accounts together and confirm transfer transactions; a certain amount of digital currency is issued based on time.

Because the winner takes all, small and medium-sized retail miners have to unite to form a "mining pool" and record the cumulative workload in Shares. The higher the joint computing power, the greater the probability that the mining pool consortium will find the digital currency first. Large, increase the probability of finding newly issued digital currencies, and divide the mined digital currencies. This is called the PoW workload proof mechanism.

2. What are the similarities and differences between mining and blockchain? Does anyone understand?

Blockchain is a technology, and blockchain technology is a A decentralized distributed ledger database that can have many applications based on blockchain technology
Mining is a product based on blockchain technology. Mining refers to the virtual coins launched by various companies, also called tokens. Each name is different. People who mine are called miners

3. What does blockchain mining mean?

“Mining”, as the name suggests, is an action that can appear in our minds, which is digging in the soil with a shovel, but now we are no longer using a shovel, but a shovel. It's a computer. Instead of digging in the soil, we dig in a pool of data, and instead of digging for physical objects like gold and coal, we compete for the right to keep accounts. 1. Mining is the process of confirming transactions in the Bitcoin system over a period of time and recording the formation of new blocks on the blockchain. These miners are called miners. 2. Mining is a bookkeeping process, miners are bookkeepers, and the blockchain is the general ledger. 3. The accounting rights of the Bitcoin system are decentralized, that is, every miner has accounting rights. Miners who successfully seize the accounting rights will receive new Bitcoin rewards from the system. Mining is the process of producing Bitcoins.

1. What does mining mean?

Ancient mining can be traced back to the selection of stone materials in the Stone Age. Later, with the rise of the metallurgical industry, mining and mineral processing technology gradually developed. This article introduces the aspects of open-pit mining, underground mining, tunnel support, rock crushing, tunnel ventilation, lighting, drainage, lifting and mineral processing in ancient China.

Open-pit mining There are many surface outcrops, slopes or residual deposits of various metal veins or ore bodies. Therefore, open-pit mining became an important mining method in ancient times. Open-pit mining can be divided into excavation method and soil reclamation method.

2. Mining is the name for accumulated income from activities in Bitcoin.

Mining was brought about by the recent popularity of Bitcoin. Bitcoin is a virtual currency that can be exchanged for real currency. One of the ways to obtain Bitcoins on the Internet is to participate in related activities every day. These activities, like mining in online games, require slowly accumulating wealth in exchange for Bitcoins.

4. 108 essential knowledge points for getting started with blockchain

Author: Kong Lin

61. Hold-up

Expect the currency price to rise, but unexpectedly the currency price falls after buying; or expect the currency price to fall, but unexpectedly the currency price rises after selling

62. Solution Set

After buying Bitcoin, the currency price fell, causing temporary book losses, but then the currency price rebounded and the loss turned into profit

63. Going short

Because After selling Bitcoin because of the bearish market outlook, the currency price continued to rise. I was unable to buy in time, so I failed to make profits

64. Overbought

The currency price continued to rise to a certain level High, the buyer's power is basically exhausted, and the currency price is about to fall

65. Oversold

The currency price continues to fall to a certain low, the seller's power is basically exhausted, and the currency price is about to rise

66. Lure bulls

The currency price has been consolidating for a long time and is more likely to fall. Most of the short sellers have sold Bitcoin. Suddenly the short sellers pulled up the currency price, inducing the bulls to think that the currency price will rise, and people buy it one after another. As a result, the short parties suppress the price of the currency, causing the long parties to get locked up

67. Short baiting

After the bulls buy Bitcoin, they deliberately suppress the price of the currency and make the short sellers lock up. Thinking that the currency price will fall, they sell out one after another, but end up falling into the trap of bulls

68. What is NFT

The full name of NFT is " Non-Fungible Tokens” are non-fungible tokens. Simply put, they are an indivisible copyright certificate on the blockchain. They are mainly used to confirm and transfer digital assets. The difference from digital currencies is that they are unique and indivisible. , in essence, is a unique digital asset.

69. What is the Metaverse

The Metaverse is a collection of virtual time and space, consisting of a series of augmented reality (AR), virtual reality (VR) and the Internet (Internet) Composed of digital currency, which carries the function of value transfer in this world.

70. What is DeFi

DeFi, the full name is Decentralized Finance, which is "decentralized finance" or "distributed finance". "Decentralized finance", as opposed to traditional centralized finance, refers to various financial applications based on open decentralized networks. The goal is to establish a multi-level financial system based on blockchain technology and cryptocurrency. As a basis, re-create and improve the existing financial system

71. Who is Satoshi Nakamoto?

72. Bitcoin is different from Q Coin

Bitcoin is a decentralized digital asset with no issuing entity. Q Coin is an electronic currency issued by Tencent. It is similar to electronic points, but it is not actually a currency. Q Coin requires a centralized issuing institution. Q Coin can only be recognized and used because of the credit endorsement of Tencent. The scope of use is also limited to Tencent's games and services. The value of Q coins is entirely based on people's trust in Tencent.

Bitcoin is not issued through a centralized institution, but it is widely recognized around the world because Bitcoin can self-certify its trust. The issuance and circulation of Bitcoin are jointly accounted for by miners across the entire network, and are not A central authority is also needed to ensure that no one can tamper with the ledger.

73. What is a mining machine?

Taking Bitcoin as an example, a Bitcoin mining machine is a professional equipment that competes for accounting rights by running a large amount of calculations to obtain new Bitcoin rewards. It is generally composed of a mining chip, a heat sink and a fan, and only performs A single calculation program consumes a lot of power. Mining is actually a competition between miners.Miners with more computing power have a greater probability of mining Bitcoin. As the computing power of the entire network increases, it becomes increasingly difficult to mine bits with traditional equipment (CPU, GPU), and people have developed chips specifically for mining. The chip is the core part of the mining machine. The operation of the chip will generate a large amount of heat. In order to dissipate heat, Bitcoin mining machines are generally equipped with heat sinks and fans. Users download Bitcoin mining software on their computers, use the software to assign tasks to each mining machine, and then start mining. Each currency has a different algorithm and requires different mining machines.

74. What is quantitative trading?

Quantitative trading, sometimes also called automated trading, refers to the use of advanced mathematical models to replace human subjective judgments, which greatly reduces the impact of investor sentiment fluctuations and avoids extreme fanaticism or pessimism in the market. make irrational investment decisions. There are many types of quantitative trading, including cross-platform trading, trend trading, hedging, etc. Cross-platform trading means that when the price difference between different target platforms reaches a certain amount, sell on the platform with a higher price and buy on the platform with a lower price.

75. Blockchain asset over-the-counter trading

Over-the-counter trading is also called OTC trading. Users need to find their own counterparties and do not need to match the transaction. The transaction price is determined by negotiation between the two parties. The two parties can fully communicate through face-to-face negotiation or telephone communication.

76. What is a timestamp?

The blockchain ensures that each block is connected sequentially through timestamps. Timestamps enable every piece of data on the blockchain to have a time stamp. Simply put, timestamps prove when something happened on the blockchain and cannot be tampered with by anyone.

77. What is a blockchain fork?

Upgrading software in a centralized system is very simple, just click "Upgrade" in the app store. However, in decentralized systems such as blockchain, "upgrading" is not that simple, and a disagreement may even cause a blockchain fork. Simply put, a fork refers to a disagreement when the blockchain is "upgraded", resulting in a fork in the blockchain. Because there is no centralized organization, every code upgrade of digital assets such as Bitcoin needs to be unanimously recognized by the Bitcoin community. If the Bitcoin community cannot reach an agreement, the blockchain is likely to form a fork.

78. Soft fork and hard fork

Hard fork means that when the Bitcoin code changes, the old nodes refuse to accept the blocks created by the new nodes. Blocks that do not comply with the original rules will be ignored, and miners will follow the original rules and create new blocks after the last block they verified. A soft fork means that old nodes are not aware of the changes to the Bitcoin code and continue to accept blocks created by new nodes. Miners may work on blocks they have no understanding of, or validation of. Both soft forks and hard forks are "backwards compatible" to ensure that new nodes can be verified from scratchBlockchain. Backward compatibility means that new software accepts data or code generated by old software. For example, Windows 10 can run Windows XP applications. Soft forks can also be "forward compatible".

79. Classification and application of blockchain projects

Judging from the current mainstream blockchain projects, blockchain projects mainly fall into four categories: Category 1: Currency; The second category: platform category; the third category: application category; the fourth category: asset tokenization.

80. USDT against the US dollar

USDT is Tether USD, a token launched by Tether that is against the US dollar (USD). 1USDT=1 US dollar, users can use USDT and USD for 1:1 exchange at any time. Tether implements a 1:1 reserve guarantee system, that is, each USDT token will have a reserve guarantee of 1 US dollar, which supports the stability of the USDT price. The unit price of a certain digital asset is USDT, which is equivalent to its unit price in US dollars (USD).

81. Altcoins and alternative coins

Altcoins refer to blockchain assets that use the Bitcoin code as a template and make some modifications to its underlying technology blockchain, among which Those with technological innovations or improvements are also called alternative coins. Because the Bitcoin code is open source, the cost of plagiarism in Bitcoin is very low. You can even generate a brand new blockchain by simply copying the Bitcoin code and modifying some parameters.

82. Three major exchanges

Binance

Okex

Huobi

83. Market software

Mytoken

Non-small account

CMC

84. Information website

Babbitt

Golden Finance

Coin World News

85. Blockchain Browser

BTC

ETH

BCH

LTC

ETC

86. Wallet

Imtoken

Bitpie

87. Decentralized exchange

uniswap

88. NFT exchange

Opensea

Super Rare

89. Ladder

Bring your own, buy a reliable ladder

90. Platform currency

Digital currency issued by the platform, used to deduct handling fees, transactions, etc.

91. Bull market, bear market

Bull market: rising market

Bear market: falling market

92. Blockchain 1.0

A currency trading system based on distributed ledgers, represented by Bitcoin

93 . Blockchain 2.0

The contract blockchain technology represented by Ethereum (smart contract) is 2.0

94. Blockchain 3.0

Intelligent things In the Internet era, it goes beyond the financial field to provide decentralized solutions for various industries

95. Smart Contract

Smart Contract is an information-based A computer protocol that disseminates, verifies or executes a contract. Simply put, an electronic contract is set in advance and is automatically executed once confirmed by both parties.

96. What is a token?

The token economy is an economic system with Token as the only reference standard, which is equivalent to a pass. If you own Token, you have rights and interests, and you have the right to speak.

Big data is the means of production, AI is the new productivity, and blockchain is the new production relationship. Big data refers to a collection of data that cannot be captured, managed and processed within a certain time range using conventional software tools. It is a massive, high-growth and high-volume data set that requires new processing models to have stronger decision-making power, insight discovery and process optimization capabilities. Diverse information assets. Simply understood, big data is massive data accumulated over a long period of time and cannot be obtained in the short term. Blockchain can be used as a way to obtain big data, but it cannot replace big data. Big data is only used as a medium running in the blockchain and has no absolute technical performance, so the two cannot be confused. (The simple understanding of production relations is the labor exchange and consumption relations, the core lies in productivity, and the core of productivity lies in production tools)

ICO, Initial Coin Offering, initial public token issuance, is the first step in the blockchain digital currency industry. Crowdfunding. It is the most popular topic and investment trend in 2017, and the country launched a regulatory plan on September 4. Speaking of ICO, people will think of IPO, and the two are fundamentally different.

99. Five characteristics of digital currency

The first characteristic: decentralization

The second characteristic: having open source code

The third feature: independent electronic wallet

The fourth feature: constant issuance

The fifth feature: global circulation

100. What does it mean to go?Centralization?

It has no issuer, does not belong to any institution or country, and is a publicly issued currency designed, developed and stored on the Internet by Internet network experts.

100. What is measurement (scarcity)?

Once the total amount of issuance is set, it is permanently fixed, cannot be changed, cannot be over-issued at will, and is subject to global Internet supervision. Because the difficulty of mining and mining changes over time, the longer the time, the greater the difficulty of mining, and the fewer coins are mined, so it is scarce.

101. What is open source code?

The alphanumeric code is stored on the Internet. Anyone can find out the source code of its design, everyone can participate, can mine it, and it is open to the world.

102. What is anonymous transaction? Private wallet private?

Everyone can register and download the wallet online without real-name authentication. It is completely composed of encrypted digital codes. It can be sent and traded globally in real-time point-to-point without resorting to banks or any institutions. It cannot be traced by anyone without my authorization. ,Inquire.

A contract transaction refers to an agreement between a buyer and seller to receive a certain amount of an asset at a specified price at a certain time in the future. The objects of contract trading are standardized contracts formulated by the exchange. The exchange stipulates standardized information such as commodity type, transaction time, quantity, etc. A contract represents the rights and obligations of the buyer and seller.

105. Digital Currency Industry Chain

Chip manufacturers, mining machine manufacturers, and mining machine agents mine and export to exchanges for retail investors to speculate in coins

106. Who is Kong Lin?

Kong Lin: Digital Currency Value Investor

Investment style: Steady

107. Konglin Investment Strategy

Combining long-term and short-term, focusing on price investment, no contracts, no short-term play

Reasonable layout, scientific operation, steady and conservative, earning Cycle money

108. Konglin?

Welcome currency friends and seek common development

5. What is blockchain mining and what does it do? Detailed introduction to blockchain and virtual currency

In Bitcoin When the currency was first issued, people discovered that it is decentralized and not subject to any central control; it is completely open, except for the encryption of transaction information, the entire system information is highly transparent, and the technology is open source; security, as long as all nodes cannot be controlled %51, you cannot modify the number arbitrarilyAccording to data, this makes it relatively safe; independence, the entire model and Bitcoin do not rely on any third party, all nodes verify and exchange data within the system without any intervention

Here we explain in detail what is Blockchain technology, to put it bluntly, is block + chain. So what is a "block"? What is a "chain" again?

A block is a ledger. Transaction accounting is completed by multiple nodes distributed in different places, and each node records a complete account, so they can all participate in supervising the legality of the transaction, and at the same time Can jointly testify for it

Each block contains the cryptographic hash of the previous block, the corresponding timestamp, and the transaction data (usually a hash value calculated using the Merkle tree algorithm) represents), this design makes the block content difficult to tamper with. Distributed ledgers connected by blockchain technology can effectively record transactions between two parties and permanently verify the transaction.

The function of the hash function h(): convert a string of any length into a fixed-length (for example, 256 bits) output. The output is also called a hash value. This output is irreversible

It is difficult to find two different x and y such that h(x) = h(y), that is, two different inputs, There will be different output. Theoretically, two different inputs may have different outputs, but this is almost impossible. For example, if an infinite space is mapped to a finite space, there must be a many-to-one situation. The theory exists, but there are no rules. It is guaranteed that you cannot find this result through any mathematical inference. Why is it 256 bits here? Isn't it longer? Because 256 bits are secure enough.

Split the ledger into blocks. For example, a piece of paper in a book is a block. Each block records transactions within a period of time, such as 10 minutes.

We divide Each piece of paper is compared to a block. A part of content is added to each block. We call it a block header, which records the hash value of the parent block. Each block stores the hash value of the parent block. , connect all blocks smoothly to form a blockchain

Record the hash value of block 1 to the block header of block 2. In this way, the block header of each block is recorded The hash value of the parent block, each block is linked in order, this is called a blockchain. The first block has no block header and is also called the genesis block

The blockchain is a ledger. Only when transactions occur in the ledger will the money in your account increase. If you need to make a transaction, you first need an account number and password. Just like your bank card has an account number and password, others can make a transfer to you. The account password on the block ledger is the public key and private key

Lao Wang (already has a private key,Public key), I want to transfer 10 BTC to Zhang San, and some operations are required

Prove that it was Lao Wang himself who issued the transfer signature function Sign (Lao Wang’s private key + transfer information: Lao Wang transferred 10 BTC to Zhang San ) = signature of this special account
The verification is that Lao Wang himself issued the transfer verification function Verify (Lao Wang’s address + transfer details: Lao Wang transferred 10 BTC to Zhang San + signature of this transfer) = true
Once the transfer is recorded in the block, no one can change it. Zhang San adds 10 BTC, and Lao Wang decreases 10 BTC accordingly. The entire operation is automatic. For example, your wallet app will do this for you. The app Knowing your private key, you tell the wallet the transaction content, the wallet signature is announced to the entire network, and you wait for others to verify the transaction

Centralized accounting will be more efficient, and banks, governments or Alipay can help you Accounting is very reliable, because they can’t touch your money unless they have your private key

There are some shortcomings in centralized accounting

Decentralized everyone can Accounting can be kept, and everyone can keep a complete ledger. Anyone can download open source programs, participate in Bitcoin's p2p network, monitor transactions sent from all over the world, become an accounting node, and participate in accounting. Suppose Xiaoyi releases a transaction and broadcasts it to the entire network, and accounting node A listens. When this transaction arrives, A verifies that the transaction bit is true and puts it into the transaction pool to continue to spread to other nodes. Because it is spread through the network, the transaction pools of different accounting nodes are not necessarily the same at the same time. Every 10 minutes, from all accounting nodes Among the nodes, select one according to a certain method. After verifying that the transaction of this node is true, then compare the transaction records in the transaction pool of this selected node with the transaction records in the transaction pool of your own (A) node. The comparison is completed. After that, the transactions recorded by the selected accounting nodes will be deleted from the transaction pool, and the other accounting nodes will continue to record and wait for the next selection. There is a cycle every 10 minutes. During this 10 minutes, all accounting nodes will record accounts normally. , 10 minutes later, a node will be selected to use the transactions in its transaction pool as a new block. This block comes from the transaction pool of an accounting node I randomly selected among all the accounting nodes, and the cycle continues

A transaction is not completed once it is recorded. Only when the transaction becomes a certain block, the transaction is truly completed. This is a complete accounting process of decentralization. Your transaction will not be recorded immediately because the p2p network propagation takes time. If the node of the selected block has not received your transaction, the transaction will be not done. A block is generated every 10 minutes, but not all transactions within 10 minutes can be recorded. 10 minutes is just an average

The characteristics of decentralized accounting, accounting nodes with accounting rights, nodes selected every ten minutesClick it and you will get a 50BTC reward. Every 210,000 blocks almost 4 years, the reward is halved. Bitcoin has been halved twice since its issuance, so a new block is generated every ten minutes. The reward for this accounting node is 10.5 BTC is halved every 4 years, so the total amount of BTC can be calculated to be approximately 21 million. It is expected to be mined in 2040. Recording the reward of a block is also the only way to issue Bitcoin. After BTC is mined, the accounting node The only income that can be obtained is the transaction fee

Accounting nodes compete for accounting rights through questions,

Find a certain random number that makes the equation invalid
SHA256 Hash function (random number + parent block hash value + transaction in the transaction pool) a certain specified value)
There is no other solution except traversing the random number from 0 to try your luck. The process of solving the problem is also It's called mining, so the accounting node that solves this problem is also called a miner. The faster you traverse the random numbers, the greater the chance you have of getting the accounting right. This traversal speed is called by the mine bosses. In order to obtain this computing power, mine bosses will buy more mining machines with higher computing power

Whoever solves the problem correctly first will get the accounting rights. Accounting node A is the first to find the solution, which is announced to the entire network. After other nodes verify that it is correct, node A obtains the block, gains 12.5 BTC, and restarts a new round of calculation after the new block. This method is called (POW) allocating accounting rights

It usually takes about 10 minutes to solve this random number. 10 is not absolute, because the process of solving this problem is a process of luck. In response to changes in computing power in the future, Bitcoin will increase or decrease the difficulty every 2016 blocks, about two weeks, so that the average block generation time is ten minutes

Each block contains The encrypted hash of the previous block, the corresponding timestamp, and the transaction data (usually represented by a hash value calculated by the Merkle tree algorithm) are included. This design makes the block content difficult to tamper with. Distributed ledgers connected by blockchain technology can effectively record transactions between two parties and permanently verify the transaction.

Different from traditional stored data, each node of the blockchain stores complete data according to the block chain structure. Each node of the blockchain is independent and has equal status, relying on The consensus mechanism ensures storage consistency, while traditional distributed storage generally synchronizes data to other backup nodes through a central node.

Mahjong is a traditional Chinese blockchain project. A group of four miners work together. The miner who first collides with the correct hash value of 13 numbers can obtain the accounting rights and be rewarded.

Many people say that blockchain is a scam and Bitcoin is a scam. This may be a scam, but this technology has been widely recognized and applied., the cryptography knowledge involved in the blockchain will not be understood by ordinary people even if I lend you a few brains. The most important thing is to look at the problem from a relatively rational perspective. Don't let the wind be the rain.

There is something incredible about this technology. It maintains absolute order without a center or supervision. This is the trust that only needs to be established by everyone’s consensus. Bitcoin created this consensus, and in the blockchain In the world everyone is fair and equal.

6. 108 essential knowledge points for getting started with blockchain

108 essential knowledge points for getting started with blockchain

( Welcome to share the same channel)

1. What is a blockchain?

Packing and putting together the information of multiple transactions and the information indicating the block. After verification, this Packages are blocks.

Each block stores the hash value of the previous block, creating a relationship between blocks, that is to say, a chain. Together they are called blockchain.

2. What is Bitcoin

The concept of Bitcoin was proposed by Satoshi Nakamoto in 2009, with a total number of 21 million. The Bitcoin chain generates a block approximately every 10 minutes, and this block is mined by miners for 10 minutes. As a reward to miners, a certain number of Bitcoins will be issued to miners, but this certain number is halved every four years. Now it's 12.5. If this continues, all Bitcoins will be available in 2040.

3. What is Ethereum

The biggest difference between Ethereum and Bitcoin is the smart contract. This allows developers to develop and run various applications on it.

4. Distributed ledger

It is a database that is shared, replicated and synchronized among network members. To put it bluntly, all users on the blockchain have accounting functions and the content is consistent, which ensures that the data cannot be tampered with.

5. What is quasi-anonymity?

I believe everyone has a wallet, and the wallet address (a string of characters) used to send transactions is quasi-anonymity.

6. What is open transparency/traceability

The blockchain stores all data from history to the present, anyone can view it, and can also view any data in history.

7. What is tamper-proof

Historical data and current transaction data cannot be tampered with. The data is stored in the block on the chain, and has a hash value. If the block information is modified, its hash value will also change, and the hash values of all blocks following it must also be modified, so that it becomesNew chain. At the same time, the main chain is still conducting transactions to generate blocks. The modified chain must always generate blocks synchronously with the main chain to ensure that the length of the chain is the same. The cost is too high, just to modify a piece of data.

8. What is anti-DDoS attack

DDoS: Hackers control many people’s computers or mobile phones and allow them to access a website at the same time. Since the bandwidth of the server is limited, a large amount of traffic The influx of data may cause the website to fail to function properly, resulting in losses. However, the blockchain is distributed and there is no central server. If one node fails, other nodes will not be affected. Theoretically, if more than 51% of the nodes are attacked, problems will occur.

9. Definition of main chain

Taking Bitcoin as an example, at a certain point in time, a block is mined by two miners at the same time, and then 6 blocks are generated first. The chain of blocks is the main chain

10. Single chain/multi-chain

Single chain refers to the data structure that handles everything on one chain. The core essence of the multi-chain structure is composed of public chain + N sub-chains. There is only one, but in theory there can be countless sub-chains, and each sub-chain can run one or more DAPP systems

11. Public chain/alliance chain/private chain

Public Chain: Everyone can participate in the blockchain

Alliance chain: Only alliance members are allowed to participate in accounting and query

Private chain: Writing and viewing permissions are only controlled by one person In the hands of the organization.

12. Consensus layer, data layer, etc.

There are six overall structures of the blockchain: data layer, network layer, consensus layer, incentive layer, contract layer, and application layer. Data layer: a layer that records data, belonging to the underlying technology; network layer: a structure for building a blockchain network, which determines how users are organized. Consensus layer: Provides a set of rules to allow everyone to reach agreement on the information received and stored. Incentive layer: Design incentive policies to encourage users to participate in the blockchain ecosystem; Contract layer: Generally referred to as "smart contracts", it is a set of contract systems that can be automatically executed and written according to their own needs. Application layer: Applications on the blockchain, similar to mobile apps. Former Distributed Storage R&D Center

13. Timestamp

The timestamp refers to the time from January 1, 1970 Day 0 hours 0 minutes 0 seconds 0... The total number of seconds from the current time to now, or the total number of nanoseconds and other very large numbers. Each block is generated with a timestamp indicating when the block was generated.

14. Block/block header/block body

Block is the basic unit of blockchain, and block header and block body are components of blockchain. The information contained in the block header is the same as that of the previous block.hash, the hash of this block, timestamp, etc. The block body is the detailed data in the block.

15. Merkle tree

Merkle tree, also called binary tree, is a data structure for storing data. The bottom layer is the original data contained in all blocks, and the upper layer is each The hash value of a block, the hash of this layer is combined in pairs to generate a new hash value, forming a new layer, and then upwards layer by layer, until a hash value is generated. Such a structure can be used to quickly compare large amounts of data, and you can quickly find the bottom-level historical data you want without downloading all the data.

16. What is expansion?

The size of a Bitcoin block is about 1M and can save 4,000 transaction records. Expansion means making the block larger so that more data can be stored.

17. What is a chain?

Each block will save the hash of the previous block, creating a relationship between the blocks. This relationship is a chain. Data such as block transaction records and status changes are stored through this chain.

18. Block height

This is not the height mentioned in terms of distance. It refers to the total number of blocks between the block and the first block on the chain. This height indicates which block it is, and is just for identification purposes.

19. Fork

Two blocks were generated at the same time (the transaction information in the block is the same, but the hash value of the block is different), and then in Two chains are forked from these two blocks. Whoever generates 6 blocks from these two links first will be the main chain, and the other chain will be discarded.

20. Ghost Protocol

Mining pools with high computing power can easily generate blocks faster than mining machines with low computing power, resulting in most of the blocks on the blockchain being generated by these mining pools with high computing power. However, the blocks generated by mining machines with low computing power are not stored on the chain because they are slow, and these blocks will be invalid.

The ghost protocol allows blocks that should be invalidated to remain on the chain for a short time, and can also be used as part of the proof of work

. In this way, miners with small computing power will contribute more to the main chain, and large mining pools will not be able to monopolize the confirmation of new blocks.

21. Orphan block

As mentioned before, orphan blocks are blocks generated at the same time. One of them forms a chain, and the other does not form a chain. Then this block that does not form a chain is called an orphan block.

22. Uncle block

The orphan block mentioned above, through the Ghost Protocol, making it part of the proof of work, then it will not be discarded and will be saved on the main chain. This block is the next

23 replay attack

The hacker resends the message that has been sent to the server. Sometimes this can deceive the server into responding multiple times.

24. Directed acyclic graph

Also called data set DAG (directed acyclic graph), DAG is an ideal multi-chain data structure. Most of the blockchains mentioned now are single chains, that is, one block is connected to another block, and DAG is multiple blocks connected. The advantage is that several blocks can be generated at the same time, so the network can process a large number of transactions at the same time, and the throughput will definitely increase. However, there are many shortcomings and it is currently in the research stage.

25. What is mining

The mining process is to perform a series of conversions, connections and hash operations on the above six fields, and continue to try them one by one. The random number you are looking for, and finally successfully find a random number that meets the conditions: the value after hashing is smaller than the hash value of the preset difficulty value, then the mining is successful, and the node can broadcast the area to neighboring nodes. block, neighboring nodes receive the block and perform the same operation on the above six fields to verify compliance, and then forward it to other nodes. Other nodes also use the same algorithm to verify. If there are 51% of nodes in the entire network If all verifications are successful, even if this block is truly "mined" successfully, each node will add this block to the end of the previous block, delete the list in the block that is the same as its own record, and resurrect again. the above process. Another thing to mention is that regardless of whether the mining is successful or not, each node will pre-record the reward of 50 Bitcoins and the handling fees of all transactions (total input-total output) in the first item of the transaction list (this is " The most fundamental purpose of "mining" is also the fundamental reason to ensure the long-term stable operation of the blockchain), the output address is the address of this node, but if the mining is unsuccessful, the transaction will be invalidated without any reward. Moreover, this transaction called "production transaction" does not participate in the "mining" calculation.

26. Mining machines/mines

Mining machines are computers with various configurations, and computing power is the biggest difference between them. A place where mining machines are concentrated in one place is a mining farm

27. Mining pool

Miners unite to form a team, and the computer group under this team is a mining pool. Mining rewards are distributed based on your own computing power contribution.

28. Mining difficulty and computing power

Mining difficulty is to ensure that the interval between generating blocks is stable within a certain short time, such as Bitcoin is issued in 10 minutes

Block 1. The computing power is the configuration of the mining machine.

29. Verification

When verification in the blockchain is a confirmation of the legality of the transaction, when the transaction message is propagated between nodes, each node will verify whether the transaction is legal. For example, verify whether the syntax of the transaction is correct, whether the transaction amount is greater than 0, whether the entered transaction amount is reasonable, etc. After passing the verification, it will be packaged and handed over to the miners for mining.

30. Transaction broadcast

The node sends information to other nodes through the network.

31. Mining fees

For the blockchain to work non-stop like a perpetual motion machine, miners need to maintain the system. Therefore, the miners must be given favorable fees to make it sustainable.

32. Transaction confirmation

When a transaction occurs, the block recording the transaction will be confirmed for the first time, and will be confirmed in every area on the chain after the block. Block is reconfirmed: When the number of confirmations reaches 6 or more, the transaction is generally considered safe and difficult to tamper with.

33. Double transaction

That is, I have 10 yuan, I use the 10 yuan to buy a pack of cigarettes, and then instantly use the 10 yuan that has not yet been paid. Bought another cup of coffee. So when verifying the transaction, you need to confirm whether the 10 yuan has been spent.

34. UTXO unspent transaction output

It is a data structure containing transaction data and execution code, which can be understood as digital currency that exists but has not yet been consumed.

35. Transactions per second TPS

That is throughput, tps refers to the number of transactions the system can process per second.

36. Wallet

Similar to Alipay, it is used to store digital currencies, and blockchain technology is more secure.

37. Cold wallet/hot wallet

A cold wallet is an offline wallet. The principle is to store it locally and use QR code communication to prevent the private key from touching the Internet. A hot wallet is an online wallet. The principle is to encrypt the private key and store it on the server. When it is needed, it is downloaded from the server and decrypted on the browser side.

38. Software Wallet/Hardware Wallet

A software wallet is a computer program. Generally speaking, a software wallet is a program that interacts with the blockchain and allows users to receive, store, and send digital currencies and can store multiple keys. Hardware wallets are smart devices that specialize in handling digital currencies.

39. Airdrop

The project sends digital currency to each user’s wallet address.

40. Mapping

Mapping is related to the issuance of blockchain currency.Guan is the mapping between chains. For example, there are some blockchain companies that have not completed the development of the chain in the early stage. They rely on Ethereum to issue their own currency. The issuance and transactions of the early currency are all operated on Ethereum. With the development of the company, the company's own chain development has been completed. The company wants to map all the previous information on Ethereum to its own chain. This process is mapping.

41. Position

Refers to the ratio of the investor’s actual investment to the actual investment funds

42. Full position

All funds are bought Enter Bitcoin

43. Reduce the position

Sell some of the Bitcoins, but not all of them

44. Heavy positions

Compared with Bitcoin, Bitcoin accounts for a larger share of funds

45. Short position

Compared with Bitcoin, the share of funds is larger

46. Short position

Sell all the Bitcoins you hold and convert them all into funds.

47. Stop loss

After obtaining a certain profit, sell the Bitcoin held to keep the profit

48. Stop loss

After losses reach a certain level, sell the Bitcoins you hold to prevent further losses

49. Bull market

Prices continue to rise and the outlook is optimistic

50. Bear market

Prices continue to fall, and the outlook is bleak

51. Long (long)

The buyer believes that the currency price will rise in the future, buys the currency, and waits for the currency price After rising, sell at a high price to take profits

52. Short position (short selling)

The seller believes that the currency price will fall in the future, and sells the currency he holds (or borrows it from the trading platform) (coin) sell, wait for the price of the currency to fall, buy at a low price to take profits

53. Open a position

Buy virtual currencies such as Bitcoin

54 . Cover the position

Buy Bitcoin and other virtual currencies in batches, for example: buy 1 BTC first, and then buy 1 BTC later

55. Full position

All funds are purchased at one time to buy a certain virtual currency

56. Rebound

When the currency price falls, the price rebounds and adjusts because it falls too fast

57 .Consolidation (sideways)

The price fluctuation range is small and the currency price is stable

58. Yin fall

Coin price declines slowly

59. Diving (waterfall)

Coin price falls rapidly, with great magnitude

60. Cutting meat

After buying Bitcoin, the price of the currency fell. To avoid expanding losses, sell Bitcoin at a loss. Or after borrowing the currency to go short, the currency price rises, and you buy Bitcoin at a loss

61. Hold on

Expect the currency price to rise, but unexpectedly the currency price falls after buying; or expect the currency price fell, but unexpectedly, after selling, the currency price rose

62. Unwinding

After buying Bitcoin, the currency price fell, causing a temporary book loss, but then the currency price rebounded and the loss was reversed To make a profit

63. Go short

After selling Bitcoin because of the bearish market outlook, the price of the currency continued to rise, and I was unable to buy it in time, so I failed to make a profit

64. Overbought

The currency price continues to rise to a certain height, the buyer's power is basically exhausted, and the currency price is about to fall

65. Oversold

The currency price continues to fall to a certain low, the seller's power has basically been exhausted, and the currency price is about to rise

66. Lure bulls

The currency price has been consolidating for a long time, and it is more likely to fall. Most of the short sellers have sold Bitcoin, and suddenly the short sellers pulled up the price of the currency, inducing the long parties to think that the price of the currency will rise and buy one after another. As a result, the short sellers suppressed the price of the currency and locked up the long parties.

67. Lure shorts

After buying Bitcoin, bulls deliberately suppress the price of the currency, making short sellers think that the price of the currency will fall and sell them one after another. As a result, they fall into the trap of bulls

68. What is NFT

The full name of NFT is "Non-Fungible Tokens", which is a non-fungible token. Simply put, it is an indivisible token on the blockchain. Copyright certificate is mainly used to confirm and transfer the rights of digital assets. The difference from digital currency is that it is unique and indivisible. In essence, it is a unique digital asset.

69. What is the Metaverse

70. What is DeFi

DeFi, the full name is Decentralized Finance, which is "decentralized finance" or "distributed finance"."Finance". "Decentralized finance", as opposed to traditional centralized finance, refers to various financial field applications established in open decentralized networks. The goal is to establish a multi-level financial system based on blockchain technology. Recreate and improve the existing financial system based on cryptocurrency

71. Who is Satoshi Nakamoto?

72. Bitcoin and Q Coin are different

Bitcoin is a decentralized digital asset with no issuing entity. Q Coin is an electronic currency issued by Tencent. It is similar to electronic points, but is not actually a currency. Q Coin requires a centralized issuing agency. Q coins can only be recognized and used because of Tencent's credit endorsement. The scope of use is also limited to Tencent's games and services. The value of Q coins is entirely based on people's trust in Tencent.

Bitcoin does not pass It is issued by a centralized institution, but it is widely recognized around the world because Bitcoin can self-certify its credibility. The issuance and circulation of Bitcoin are jointly accounted for by miners across the entire network, and no central institution is needed to ensure that no one can tamper with it. Ledger.

73. What is a mining machine?

Taking Bitcoin as an example, a Bitcoin mining machine is a professional that competes for accounting rights by running a large number of calculations to obtain rewards for new Bitcoins. Equipment, generally composed of mining chips, heat sinks and fans, only executes a single calculation program and consumes a large amount of power. Mining is actually a competition between miners for computing power. The miner with more computing power mines Bitcoin. The probability is even greater. As the computing power of the entire network increases, it becomes increasingly difficult to mine bits with traditional equipment (CPU, GPU). People have developed chips specifically for mining. The chip is the core part of the mining machine. . The process of chip operation will generate a lot of heat. In order to dissipate heat, Bitcoin mining machines are generally equipped with heat sinks and fans. Users download Bitcoin mining software on their computers and use the software to allocate the tasks of each mining machine. You can start mining. The algorithm of each currency is different, and the mining machines required are also different.

74. What is quantitative trading?

Quantitative trading, sometimes Also known as automated trading, it refers to the use of advanced mathematical models to replace human subjective judgments, which greatly reduces the impact of investor sentiment fluctuations and avoids making irrational investment decisions when the market is extremely fanatical or pessimistic. Quantitative trading has There are many types, including cross-platform trading, trend trading, hedging, etc. Cross-platform trading means that when the price difference between different target platforms reaches a certain amount, sell on the platform with a higher price and buy on the platform with a lower price.

75. Blockchain asset over-the-counter transactions

OTC transactions are also called OTC transactions. Users need to find their own counterparties and do not complete transactions through matching. The transaction price is determined by negotiation between the two parties. Full communication can be achieved through face-to-face consultation or telephone communication.

76.What is a timestamp?

77. What is a blockchain fork?

78. Soft fork and hard fork

Hard fork means that when the Bitcoin code changes, the old nodes refuse to accept the blocks created by the new nodes. Blocks that do not comply with the original rules will be ignored, and miners will follow the original rules and create new blocks after the last block they verified. A soft fork means that old nodes are not aware of the changes to the Bitcoin code and continue to accept blocks created by new nodes. Miners may work on blocks they have no understanding of, or validation of. Both soft forks and hard forks are "backwards compatible" to ensure that new nodes can verify the blockchain from scratch. Backward compatibility means that new software accepts data or code generated by old software. For example, Windows 10 can run Windows XP applications. Soft forks can also be "forward compatible".

79. Classification and application of blockchain projects

80. USDT against the US dollar

81. Altcoins and alternative coins

Altcoins refer to blockchain assets that use the Bitcoin code as a template and make some modifications to its underlying technology blockchain, among which Those with technological innovations or improvements are also called alternative coins. becauseOpen source the Bitcoin code, resulting in very low plagiarism costs for Bitcoin. Even just copying the Bitcoin code and modifying some parameters can generate a brand new blockchain.

82. Three major exchanges

Binance

Okex

Huobi

83. Market software

Mytoken

Non-small account

84. Information website

Babbitt

Golden Finance

Coin World News

85. Blockchain Browser

BTC

ETH

BCH

LTC

ETC

86. Wallet

Imtoken

Bitpie

MetaMask (Little Fox)

87. Decentralized exchange

uniswap

88. NFT exchange

Opensea

Super Rare

89. Ladder

Bring your own, buy a reliable ladder

90. Platform currency

Digital currency issued by the platform, used to deduct handling fees, transactions, etc.

91. Bull market, bear market

Bull market: rising market

Bear market : Falling market

92. Blockchain 1.0

A currency trading system based on distributed ledgers, represented by Bitcoin

93. Blockchain 2.0

The contract blockchain technology represented by Ethereum (smart contract) is 2.0

94. Blockchain 3.0

The era of intelligent Internet of Things, beyond the financial field , providing decentralized solutions for various industries

95. Smart Contract

Smart Contract is a contract designed to spread, verify or execute in an information-based manner Computer protocol, simply put, an electronic contract is set in advance, and once both parties confirm it, the contract is automatically executed.

96. What is a token?

The token economy is an economic system with Token as the only reference standard, which is equivalent to a pass. If you own Token, you have rights and interests, and you have the right to speak.

97. The difference between big data and blockchain

Big data is the means of production, AI is the new productivity, and blockchain It is a new production relationship. Big data refers to a collection of data that cannot be captured, managed and processed within a certain time range using conventional software tools. It is a massive, high-growth and high-volume data set that requires new processing models to have stronger decision-making power, insight discovery and process optimization capabilities. Diverse information assets. Simply understood, big data is massive data accumulated over a long period of time and cannot be obtained in the short term. Blockchain can be used as a way to obtain big data, but it cannot replace big data. Big data is only used as a medium running in the blockchain and has no absolute technical performance, so the two cannot be confused. (A simple understanding of production relations is labor exchange and consumption relations. The core lies in productivity, and the core of productivity lies in production tools)

98. What is ICO?

ICO, Initial Coin Offering, is the initial public offering of tokens, which is crowdfunding in the blockchain digital currency industry. It is the most popular topic and investment trend in 2017, and the country launched a regulatory plan on September 4. Speaking of ICO, people will think of IPO, and the two are fundamentally different.

99. Five characteristics of digital currency

The first characteristic: decentralization

The second characteristic: having open source code

The third feature: independent electronic wallet

The fourth feature: constant issuance

The fifth feature: global circulation

100. What is decentralization?

It has no issuer, does not belong to any institution or country, and is a publicly issued currency designed, developed and stored on the Internet by Internet network experts.

101. What is measurement (scarcity)?

102. What is open source code?

The alphanumeric code is stored on the Internet. Anyone can find out the source code of its design, everyone can participate, can mine it, and it is open to the world.

103. What is anonymous transaction? Private wallet private?

104. What is a contract transaction?

Contract trading refers to an agreement between buyers and sellers to receive a certain amount of an asset at a specified price at a certain time in the future. The objects of contract trading are standardized contracts formulated by the exchange. The exchange stipulates standardized information such as commodity type, transaction time, quantity, etc. A contract represents the rights and obligations of the buyer and seller.

105. Digital Currency Industry Chain

Chip manufacturers, mining machine manufacturers, and mining machine agents mine and export to exchanges for retail investors to speculate in coins

106. Who is Bei Feng?

Beifeng: Digital currency value investor

Investment style: Steady

Establish a community: Beidou Community (high-quality price investment community)

107. Beidou Investment Strategy

Combining long-term and short-term, focusing on price investment, no touching contracts, no short-term play

Reasonable layout, Scientific operation, prudent and conservative, earn periodic money

108. Beifeng?

Welcome currency friends and seek common development

7. What does blockchain mining mean?

In 2009, Satoshi Nakamoto invented Bitcoin and designed It is determined that there are only 21 million Bitcoins. By joining the Bitcoin network, participating in the production of blocks and providing proof of work (PoW), you can obtain rewards from the Bitcoin network. This process is mining.

The concept of "mining" is taken from the existing concepts in our real economic life, such as gold mining, silver mining, etc. Because minerals are valuable, people are driven to pay labor force. dig.

Another important point of Bitcoin mining is that the miners participating in mining recognize the value of Bitcoin, and there are people in the market who are willing to spend money on the Bitcoins they mine. So, Bitcoin mining makes sense.

(7) Mining Blockchain 108 Extended Reading

The monetary characteristics of Bitcoin

1. Decentralization

BitcoinIt is the first distributed virtual currency. The entire network is composed of users and there is no central bank. Decentralization is the guarantee of Bitcoin’s security and freedom.

2. Circulation around the world

Bitcoin can be managed on any computer connected to the Internet. Anyone can mine, buy, sell or receive Bitcoin regardless of location.

3. Exclusive ownership

Manipulating Bitcoin requires a private key, which can be isolated and stored in any storage medium. No one can obtain it except the user himself.

4. Low transaction fees

Bitcoins can be remitted for free, but a transaction fee of about 1 bit cent will ultimately be charged for each transaction to ensure faster transaction execution.

5. No hidden costs

As a means of payment from A to B, Bitcoin does not have cumbersome limits and procedures. You can make the payment by knowing the other party's Bitcoin address.

6. Cross-platform mining

Users can explore the computing capabilities of different hardware on many platforms.