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Ⅰ Is blockchain trustworthy

Blockchain investment currently has no clear legal basis in my country to prove its legality, and there is no law prohibiting the development of blockchain. However, there are Blockchain investment also has great legal risks under the appearance of high returns, so you need to be cautious.
First of all, due to the lack of supervision, most of its circulation and transaction forms are similar to the issuance and listing of securities, and there are behaviors of setting up exchanges for trading. First of all, due to the lack of supervision, most of its circulation and trading forms are similar to the issuance and listing of securities, and there is the practice of setting up exchanges for trading.
The transaction process and transaction results are not transparent, and it is difficult to regulate when problems arise.
Legal basis:
Article 12 of the "Company Law of the People's Republic of China":
A company shall be stipulated in its articles of association and shall be registered in accordance with the law. A company can amend its articles of association and change its business scope, but it must register the change.
Projects within the company's business scope that are subject to approval under laws and administrative regulations must be approved in accordance with the law.

II Is Blockchain Safe?

Blockchain has been developing for many years and is still an emerging trend in the market. In the world of virtual currency, benefits are often accompanied by risks, which are often seen in the news. Negative news such as currency value plummeting and currency theft have made people worried about asset security. It is reported that there is an emerging financial platform called Fintoch recently. The HyBriid encryption technology developed by it combines "multi-signature" and "zero-knowledge". "Proof" can make the probability of illegal transfer of assets infinitely close to zero, and users' financial management is relatively guaranteed. For more details, please refer to the Internet

Ⅲ How is the security of blockchain and what are the risks of blockchain

The hottest topic at the beginning of the new year is blockchain. , but there are still many people who are skeptical about its security and risks. So what is the security of blockchain? What are the risks of blockchain? Below we will give you the answers one by one. I hope it will be helpful to you after reading them.
How is the security of blockchain Anyuan?
First of all, blockchain is a distributed database technology. Distributed technology mainly refers to storage architecture. The distributed architecture adopted by the blockchain not only stores the ledger data on each node, but also each node must contain the data of the entire ledger. This completely distributed architecture brings extremely high security, and no one can destroy all nodes at the same time.
Secondly, blockchain technology can achieve tamper resistance through "blocks" and "chains". The unit of data storage in the blockchain is the block. When each block is generated, it must contain the unique "characteristic value" of the previous block (which can be regarded as the ID card of the block). Each block is generated strictly according to the The order of time is lined up to form a "chain".
Security is a major feature of blockchain technology. However, from the perspective of privacy protection, the Blockchain emphasizes openness and transparency. Any node has the right to operate according to the consensus algorithm, so it is not suitable for data protection.Private scenes.
What are the risks of blockchain?
1. Technical risk: For example, the launch of Ethereum was once popular, but because it is a digital currency with smart contracts, it brings the risk of hacker attacks due to possible loopholes in smart contracts. THEDAO, the largest crowdfunding project in Ethereum, was hacked and lost more than $60 million.
2. Legal risks: The legality issues of digital currency issuance, notarization and confirmation of rights, and legality issues of evidence, including legality issues of smart contracts, digital bills, accounting and liquidation, and equity crowdfunding, are currently in my country and The rest of the world is still legally blank.
3. Crime risks: Using digital currencies to abscond with the money, using digital currencies to launder money and illegal gambling, using smart contracts and digital bills designed to defraud profits, using blockchain technology to commit anonymous crimes, etc. Due to the current regulatory gap, there may be huge criminal risks.
The above is what the editor brings to you. How about the security of blockchain? What are the risks of blockchain? of the entire content.

IV Anyone who understands blockchain investment would like to ask how everyone participates in blockchain investment and whether the income from blockchain investment is safe

I have the best say on this. I have been in the cryptocurrency industry for five or six years. I have bought equipment, traded on major exchanges, opened contracts, and added leverage. In recent years, I have actually made less money and lost more money. Later I discovered that investing in blockchain is actually equivalent to stock trading. Those who have lost money want to continue participating in the hope of a comeback, and those who have made money want to continue participating in the hope of making a lot of money. If you go back and forth like this, plus you don’t know much about what blockchain is, you will naturally not get much benefit, and you will often be harvested like leeks.
Recently, a friend of mine in the currency circle introduced me to a company called Hada Meta. It is headquartered in Singapore and has a technical team in China. My friend asked me to listen to the sharing given by their technical staff, and my eyes brightened. Let me share with you my experience.
First of all, when I first came into contact with the company Hada Meta, I subconsciously thought that they were probably similar to the companies I had encountered before. They just talked and tricked you into buying equipment. But the people who listened to their introduction for most of the day did not mention the equipment at all. They kept sharing how to choose reliable investment products in the blockchain market, and how to participate in order to maximize returns and guarantees. Investment safety surprised me, and I started to get a little interested.
Then they analyzed to me why I made less and lost more when I invested in blockchain before. In the final analysis, it was because I didn’t do a good job of “selecting” and “investing”. I really don’t know how to choose a good blockchain investment product. When I see which project is popular, I invest in it, and I can’t help but buy equipment, or wait for it to go online and speculate directly. As a result, they told me that my investment method was most likely to be cut off. I thought about it carefully. After all, I was already a step later than others when I participated, so the benefits I got were natural.Just less.
Finally, they specially designed a blockchain product investment plan for me based on my actual situation. They told me that I am suitable for short-term investment. In this case, I should not buy equipment because it is not worth it and the cost is high. Short-term investment may only last a few months, and there is no need to buy equipment. The dividend period for short-term investment is the testing period before the public blockchain goes online, so they suggested that I rent cloud computing power to participate. This way, the risk is small, the investment is small, and the returns are high.
To be honest, I have never seen a team like theirs. Maybe if I sell the equipment directly, I can make more money, but they did not do that. Instead, they advised me to do what I can. I think it is quite reliable

IV Is blockchain investment safe?

The act of blockchain investment itself is legal, but it is illegal to commit fraud, illegal fund-raising, etc. through blockchain investment Illegal conduct. There are no specific legal provisions on blockchain investment. According to the principle of legal punishment, it is not illegal in itself, but it does not rule out that it is used as a currency outside supervision by a small number of fraudsters and illegal fund-raisers as a tool for illegal crimes and money laundering.
[Legal Basis]
Article 3 of the "Criminal Law of the People's Republic of China" If the law expressly stipulates that the act is a crime, it shall be convicted and punished in accordance with the law; if the law does not expressly stipulate that the act is a crime, it shall not be convicted and punished. Article 13 All activities that endanger national sovereignty, territorial integrity and security, split the country, subvert the power of the people's democratic dictatorship and overthrow the socialist system, undermine social and economic order, infringe upon state-owned property or property collectively owned by the working people, and infringe upon the private rights of citizens All property, infringement of citizens' personal rights, democratic rights and other rights, as well as other behaviors that are harmful to society and should be punished according to the law are crimes, but if the circumstances are obvious and minor and the harm is not great, they are not considered crimes.

VI Is blockchain safe?

When it comes to the essence of blockchain, I believe that several keywords are already familiar. For example, decentralization, trustlessness, consensus mechanism, asymmetric encryption, distributed accounting, immutability, absolute transparency, openness, etc. At the same time, some teaching posts also list the structure of the blockchain, such as data layer, network layer, consensus layer, incentive layer, contract layer, and application layer.
However, anyone with a discerning eye can tell at a glance, why is there no security layer? In fact, several key features of blockchain have already solved security issues. First, blockchain uses asymmetric encryption technology. In fact, encryption and decryption are different keys, namely the public key and the private key. To put it simply, the public key is made public, while the private key is absolutely confidential.
Secondly, distributed accounting is the way blockchain stores data. It can also be understood as distributed storage, which is consistent with the concept of decentralization. From the perspective of the form of the ledger, it means that there is no central ledger in the network, and the ledger is stored in each node. Each node can work independently or act as a central node. Therefore, there will be no situation where the central node is attacked, resulting in the loss of core ledgers or data, and the entire network being paralyzed.
Furthermore, non-tamperability is a basic feature of the blockchain. As long as it is on the chain, it cannot be modified, and it cannot be deleted. If changes are needed, based on the principles of transparency and openness, the entire network and all nodes need to be notified. Therefore, under a democratic mechanism, the possibility of arbitrarily tampering with data is very low. Therefore, blockchain technology is applied in various industries, such as finance, payment, traceability, games, etc., such as the online "Universe", Tencent's "Let's Catch Monsters", and Zhongan Huanyu Blockchain's "DR Dragon Hunt" are examples of this area. Safe and high-quality products under blockchain technology.

VII Is blockchain safe?

Hi, everyone, I am your Q&A assistant—Zi Xiaochen. Recently, blockchain resistance has been widely concerned and discussed. But there are many people who don’t know much about its safety. So today we will talk about the security issues of blockchain.
First of all, would you like to hear an easy-to-understand metaphor? A friend of mine joked: "Blockchain is like a password lock. Without a password, no one can open it." Although this is simple and interesting, it makes a lot of sense. Since the blockchain uses distributed ledger technology, data is stored in a huge network, and the transmission between each node uses asymmetric encryption, the blockchain has extremely high security, and third-party attacks are very vulnerable. difficult.
Secondly, of course there are some security issues that need attention. For example, hacker attack methods such as "51% attack" can pose a threat to the blockchain. In addition, there are also security risks in virtual currency trading venues, such as Bitcoin exchanges, and you need to pay attention to precautions. Therefore, when choosing a blockchain platform or participating in virtual currency transactions, you need to know more and consider carefully to avoid losses.
In short, blockchain is an open technology, which has huge advantages in ensuring data security and preventing tampering. But we also need to be alert to potential security risks and choose reliable platforms and exchanges to participate in cryptocurrency investments.
I hope my answer can help you better understand the blockchain and its security issues. If you have any questions or want to share your experience, please feel free to message me privately! Finally, don’t forget to like, comment and forward, follow my articles, more content is waiting for you!

ⅧIs blockchain a lie?

China’s blockchain development is uneven and growing wildly. As of August this year, the development level of my country’s blockchain industry is at the forefront of the world. The total number of enterprises ranks second in the world after the United States. Monitoring data from the National Internet Emergency Center’s Key Laboratory of Internet Financial Security Technology shows that there are more than 32,000 companies with the word “blockchain” or whose operations involve blockchain. Chain technology companies only account for about 10%, or even less than 10%.

In other words, there are many organizations committing fraud under the guise of "blockchain"!

Scammer's routine:

Elementary routine: Use big words to make big profits

Publicity rhetoric: "You can make a lot of money even while lying down!"

< p>The essence of the scam: Using so-called "projects" that claim high returns in professional terms to raise funds from victims, the essence is financial fraud.

Intermediate routine: play with the concept and get high dividends

Promotional rhetoric: "The benefits of the sharing economy are considerable"

The essence of the scam: illegal fund-raising (such as "Qubu" APP )

Advanced routine: high rebates for currency speculation

Promotional rhetoric: "Virtual asset financial innovation"

Scam essence: illegal pyramid schemes (such as various "digital Coin" investment project)

AT * Kagari Small Finance

Ⅸ Is the blockchain reliable?

With the development of the times Nowadays, there are many science and technologies used in people's lives. Blockchain is a very widely used Internet technology. The purpose of blockchain is to verify the validity of information, so it has anti-counterfeiting function. Blockchain is a combination of many data blocks in a chain structure in time order to maintain the reliability of the database. The application fields of blockchain are also relatively wide, and are often used in finance, the Internet, insurance, and some public welfare fields. Blockchain is divided into public and private. Its biggest features are high transparency, decentralization and collective maintenance. Because it is used too widely, many people have doubts about blockchain in daily life. I don’t know. Is it reliable?

Generally speaking, blockchain technology is not a scam. It is reliable, but it also has certain disadvantages. Blockchain technology can have great benefits if applied in legal fields, but once it goes astray and is introduced into illegal fields, it will have very serious consequences.