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『一』 What is the concept of blockchain? What exactly is blockchain? Read it in three minutes!
On October 25, 2019, Xinwen Broadcast sent a very important signal: the country must vigorously develop blockchain. After that, blockchain has become an Internet celebrity, and the figure of "blockchain" is floating in the streets and alleys. In fact, many technology companies have already deployed blockchain technology.
Although blockchain is very popular, many people do not know much about blockchain.
What is blockchain?
Let’s first take a look at how Du Niang explained it. Network display: Blockchain is a new application model of computer technologies such as distributed data storage, point-to-point transmission, consensus mechanism, and encryption algorithms.
Why is blockchain called blockchain?
The blockchain is linked by blocks one by one, and the blocks are storage units one by one, which record the communication information of each block node. The blocks are much like the records of the database. Writing data every time creates a block. With the expansion of information exchange, one block continues with another, and the result is called a blockchain.
What are the characteristics of blockchain?
Blockchain mainly has the following characteristics:
1. Decentralization: In the blockchain system, every node has equal rights. and obligations, there is no central control here. Decentralization has well established trust relationships with each other. Although there is no central management organization, people can collaborate with each other and trust each other. This mainly applies blockchain distributed ledger technology.
2. Openness: Blockchain data is open to everyone. Except for some encrypted information that is not open, everyone can check the data here.
3. Independence: The entire blockchain system does not rely on other third parties. All nodes can automatically and securely verify and exchange data within the system without any human intervention.
4. Security: Blockchain has a certain degree of security and cannot be tampered with. Because everyone in the blockchain system has the same ledger, if someone wants to tamper with it, it is possible to forge a non-existent record only if they control more than 51% of the accounting nodes. Of course, this is basically impossible. This is mainly due to the core technology of the blockchain: the consensus mechanism. The consensus mechanism has the characteristics of "the minority obeys the majority" and "everyone is equal".
5. Anonymity: Many people think that if the blockchain is so open and transparent, will we lose privacy? Actually not. Although the transaction information in the blockchain is open and transparent, the identity information of the account is encrypted and can only be accessed if authorized.ask.
Now let me tell you a story to help you better understand the blockchain.
There are three people in the family, mom, dad, older brother and younger brother. Last year, my father was in charge of the family's account books. He was responsible for all the family's income and expenses alone.
However, on the day of Double Eleven, my mother, who has always been frugal, wanted to buy herself a beautiful piece of clothing on a certain online store. When she checked the account book, she found something was wrong. It stands to reason that except for some money deposited in banks and financial management, the whereabouts of the daily consumption money at home are all in this account book, but no matter how you look at it, it is wrong. Some consumption is clearly not recorded, but is recorded.
Later, my father took the initiative to confess that he couldn’t help but buy a pack of cigarettes.
Later, my mother changed her strategy and the whole family kept accounts. Everyone recorded their monthly consumption expenditure in their own account books. Whenever there was a transaction or consumption at home, my mother would shout, "Book it," and everyone would record the transaction in their own books. This is the decentralized accounting model, where everyone is the center and everyone has a ledger.
The previous accounting model for dad was centralized accounting. If dad wanted to do something alone, it would be difficult for anyone to see it. The decentralized accounting model has solved the problem of centralization very well. The disadvantage of bookkeeping is that it is very difficult for dad to tamper with the books.
For example, if dad wants to take some money from the ledger and secretly buy cigarettes, the amount of money is limited, and if he wants to take the money, he has to change the ledger, but he only tampered with his own ledger. No, he had to change the accounts of three people including himself. And this is undoubtedly more difficult than reaching the sky.
So, many times my father had the idea of smoking, but he had no choice but to give up the idea due to the current situation.
Are blockchain and Bitcoin the same thing?
In fact, blockchain and Bitcoin are not the same thing. It is just the underlying technology of Bitcoin. Bitcoin is the first digital currency applied by blockchain.
In 2008, Satoshi Nakamoto first proposed the concept of blockchain. In the following years, it became a core component of the electronic currency Bitcoin, serving as a public account book for all transactions. Blockchain was first applied to Bitcoin.
The origin of blockchain is to solve the problem of trust, and one of the most successful applications of blockchain is digital currency. Bitcoin is arguably the most successful application of blockchain so far.
What are the applications of blockchain?
The application of blockchain is actually very wide. In addition to digital currency, the future applications of Bitcoin are still very extensive. Blockchain technology has been widely used in different industries. Such as product traceability, copyright protectionprotection and transactions, payment and settlement, Internet of Things, digital marketing, medical care, etc., promoting different industries to quickly enter the "blockchain+" era.
1. Payment and clearing: Blockchain can abandon the role of transit banks, realize point-to-point payment, reduce transit fees, and accelerate fund utilization.
2. Product traceability: For example, if we buy a piece of clothing on a certain store, we can see the past and present life of this piece of clothing.
3. Securities trading: Traditional securities trading requires the coordination of four major institutions, which is inefficient and costly. Blockchain technology can independently complete one-stop services.
4. Supply chain: Introducing blockchain technology into the supply chain system, synchronizing information within the system can control all links, better complete division of labor and collaboration, and facilitate subsequent accountability.
5. Intellectual property rights: With copyright on the chain, our photographic works, musical works, literary works, etc. will become our information, and the ownership of the information will be confirmed and become our property.
『二』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.
『三』 An easy-to-understand explanation of blockchain
A simple explanation of blockchain technology is as follows:
To put it simply: blockchain is the use of a package The existing network technology is used to build a new generation network system. This network system has a new structure, a new mechanism, and unprecedented new value. Five major technologies or innovations are specifically used: encryption technology, P2P network technology, distributed storage technology, consensus mechanism, and smart contracts.
Essentially: it is a shared database, and the data or information stored in it is "unforgeable", "full-process traces", "traceable", "open and transparent" and "collectively maintained" ” and other characteristics. Based on these characteristics, blocksChain technology has laid a solid foundation for "trust-based sales" and created a reliable "cooperation" mechanism. Yunchun has broad application prospects.
2. Openness.
In addition to the encryption of private information of all parties to the transaction, the blockchain data is open to everyone and provides a flexible script code system. The entire system information is highly transparent and within the rules specified by the system. Nodes cannot deceive each other.
3. Autonomy.
Consensus technology, smart contracts.
『四』What is blockchain
Concept: Blockchain is a new application model of computer technology such as distributed data storage, point-to-point transmission, consensus mechanism, and encryption algorithm.
The essence of the blockchain is a distributed public ledger. Anyone can verify this ledger, but no single user can control it. Participants in a blockchain system jointly maintain a ledger: it can only be modified according to strict rules and consensus.
The development of blockchain has gone through three stages:
1. Incubation period: 2009-2012, the economic form was dominated by Bitcoin and its industrial ecology.
2. Embryonic period: The period is from 2012 to 2015. Blockchain entered the public eye with Bitcoin, new wallet payment and remittance companies appeared, and the blockchain economy spread to the financial field. The underlying technology of blockchain continues to innovate. Blockchain technology is divorced from the Bitcoin system.
3. Development period: In 2016, industry applications began to be explored, and a large number of blockchain startups emerged. The popularity of ICO in 2017 brought unprecedented attention to blockchain.
(4) Simple and easy-to-understand blockchain concept extended reading:
Three characteristics of three blockchains:
1. The core idea of the blockchain is decentralization: in the blockchain system, the rights and obligations between any nodes are equal, and all nodes have the ability to vote with computing power, thus ensuring recognition. The result is recognized by more than half of the nodes. Even if it suffers a severe hacker attack, as long as the number of nodes controlled by the hacker does not exceed half of the total number of global nodes, the system will still be able to operate normally and the data will not be tampered with.
2. The biggest disruption of blockchain lies in the establishment of credit: in theory, blockchain technology can make WeChat Pay and Alipay no longer valuable. The Economist made a vivid metaphor for blockchain: simply put, it is “a machine that creates trust.” Blockchain allows people to collaborate without trusting each other and without a neutral central authority. Combating counterfeit currency and financial fraud will no longer be needed in the future.
3. The collective maintenance of blockchain can reduce costs: In a centralized network system, the maintenance and operation of the system rely on the operation, maintenance and operation of platforms such as data centers, and costs cannot be omitted. The nodes of the blockchain can be participated by anyone, and every node is participating inWhile recording, it also verifies the correctness of the recording results of other nodes, improving maintenance efficiency and reducing costs.
In one sentence, blockchain touches money, trust and power, which are the fundamental foundations on which human beings rely for survival.
『五』 What does "blockchain" mean? Briefly explain it
Answer: 1. The connotation of blockchain
Blockchain is distribution New application models of computer technologies such as automatic data storage, point-to-point transmission, consensus mechanisms, and encryption algorithms.
2. Characteristics
1. Decentralization.
Blockchain technology does not rely on additional third-party management agencies or hardware facilities, and there is no central control. In addition to the self-contained blockchain itself, through distributed accounting and storage, each node realizes information self- Validate, deliver and manage.
2. Openness.
The foundation of blockchain technology is open source. In addition to the private information of the parties to the transaction being encrypted, the blockchain data is open to everyone. Anyone can query the blockchain data through the public interface. and develop related applications, so the entire system information is highly transparent.
3. Independence.
Based on consensus specifications and protocols, the entire blockchain system does not rely on other third parties. All nodes can automatically and securely verify and exchange data within the system without any human intervention.
4. Security.
As long as you cannot control 51% of all data nodes, you cannot arbitrarily manipulate and modify network data. This makes the blockchain itself relatively safe and avoids subjective and artificial data changes.
5. Anonymity.
Unless there are legal requirements, technically speaking, the identity information of each block node does not need to be disclosed or verified, and information transfer can be done anonymously.
『Lu』 What is blockchain: This explanation of blockchain is more understandable
Blockchain is an important concept of Bitcoin. It is essentially a disintermediation database, and as the underlying technology of Bitcoin, it is a series of data blocks generated using cryptographic methods. Each data block contains information about a Bitcoin network transaction, which is used to Verify the validity of its information (anti-counterfeiting) and generate the next block.
Blockchain is a new application model of computer technologies such as distributed data storage, point-to-point transmission, consensus mechanism, and encryption algorithm.
In a narrow sense, blockchain is a chain data structure that combines data blocks in a sequential manner in chronological order, and is cryptographically guaranteed to be non-tamperable and non-transformable. Fake distributed ledger.
Broadly speaking, blockchain technology uses block chain data structures to verify and store data, uses distributed node consensus algorithms to generate and update data, and uses cryptography to ensure data transmission and access. security, leveraging intelligence consisting of automated script codeA new distributed infrastructure and computing method that can use contracts to program and operate data.
(6) Simple and easy to understand blockchain concept extended reading:
The evolution method of blockchain is:
▪ Blockchain 1.0 - digital currency;
▪ Blockchain 2.0 - digital assets and smart contracts;
▪ Blockchain 3.0 - implementation of distributed applications in various industries .
Blockchain characteristics:
1. Disintermediation. Due to the use of distributed computing and storage, there is no centralized hardware or management organization in the system. The rights and obligations of any node are equal. The data blocks in the system are jointly maintained by nodes with maintenance functions in the entire system.
2. Openness. The system is open. In addition to the encryption of private information of all parties to the transaction, the blockchain data is open to everyone. Anyone can query the blockchain data and develop related applications through the public interface, so the entire system information is highly transparent. .
3. Autonomy. The blockchain adopts consensus-based norms and protocols (such as a set of open and transparent algorithms) to enable all nodes in the entire system to exchange data freely and securely in a trustless environment, changing trust in "people" to trust in "people". Machine trust, any human intervention has no effect.
4. Information cannot be tampered with. Once the information is verified and added to the blockchain, it will be stored permanently. Unless more than 51% of the nodes in the system can be controlled at the same time, modifications to the database on a single node are invalid, so the data in the blockchain is stable. Extremely high performance and reliability.
5.Anonymity. Since the exchange between nodes follows a fixed algorithm, the data interaction does not require trust (the program rules in the blockchain will judge whether the activity is valid by itself), so the counterparty does not need to disclose its identity to make the other party trust itself. Very helpful for credit accumulation.
『撒』 Popular explanation of what blockchain is
Question 1: What is blockchain? Can you explain the principle of 10-point blockchain in plain language: Decentralized distributed accounting system
The core of blockchain technology is that all currently participating nodes jointly maintain transactions and databases. It makes transactions based on cryptographic principles rather than trust, so that any two parties who reach an agreement, Payment transactions can be performed directly without the involvement of a third party.
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Technically speaking, a block is a data structure that records transactions, reflecting the flow of funds for a transaction. The blocks of transactions that have been reached in the system are connected together to form a main chain, and all nodes participating in the calculation record the main chain or part of the main chain. A block contains the following three parts: transaction information, hash hash formed by the previous block, and random number. Transaction information is the task data carried by the block, specifically including transaction pairs.The party's private key, the number of transactions, the digital signature of electronic currency, etc.; the hash formed by the previous block is used to connect the blocks to achieve the order of past transactions; the random number is the core of the transaction, all Mining nodes compete to calculate the answer to the random number. The node that gets the answer the fastest generates a new block and broadcasts it to all nodes for update, thus completing a transaction.
1.1 What is Blockchain
Blockchain (BlockChain) refers to a technical solution that collectively maintains a reliable database through decentralization and trustlessness. This technical solution mainly allows any number of nodes participating in the system to associate and generate a series of data blocks (blocks) using cryptographic methods. Each data block contains all the information exchange data of the system within a certain period of time, and generates The data fingerprint is used to verify the validity of its information and chain to the next database block.
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In layman’s terms, blockchain technology refers to a way for all people to participate in accounting. Behind all systems there is a database, which is a big ledger. Then who will keep this ledger becomes very important. At present, it is whoever owns the system who keeps the accounts. Each bank’s account books are kept by each bank, and Alipay’s account books are kept by Alibaba. But now in the blockchain system, everyone in the system has the opportunity to participate in accounting. If there are new transaction data changes within a certain period of time, everyone in the system can do accounting. The system will judge the person who has the fastest and best accounting during this period, write the recorded content to the ledger, and Send the contents of the ledger during this period to all other people in the system for backup. In this way, everyone in the system has a complete ledger. Therefore, this data becomes very safe. A tamperer needs to modify more than half of the system node data at the same time to truly tamper with the data. Such tampering would be extremely costly, making it nearly impossible. For example, Bitcoin has been running for more than 7 years. Countless hackers around the world have tried to attack Bitcoin, but so far there have been no transaction errors. It can be considered that the Bitcoin blockchain has been proven to be a safe and reliable system.
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1.2 Why is there blockchain innovation?
Human beings need to communicate during their activities, and communication is based on information. In the past, information circulation was not convenient enough to satisfy market participants. There is a demand for information, so intermediaries and centers are born. This centralized system has problems such as high cost, low efficiency, value dispersion, "information islands" and insecure data storage. However, due to technical and environmental factors, this system continued to operate for many years until the emergence of the Internet. The starting point of the first generation of the Internet is the TCP/IP protocol, which is an open code that implements a unified format for peer-to-peer transmission of information by all nodes on the network, and brings the basic values of freedom and equality required by a global unified market into programmed, protocol-based, and reliably Execution. The Internet eliminates low-value, high-cost intermediate chains and decentralizesIt achieves low-cost and high-efficiency global information transmission.
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However, the first generation of the Internet did not solve the problem of information credibility. Activities that can be decentralized on the Internet must be activities that do not require credit endorsement, and activities that require credit guarantee must be activities involving centralized third-party intermediaries. Therefore, Internet technology that cannot establish global credit has encountered great obstacles in its progress - people cannot participate in any value exchange activities on the Internet in a decentralized manner. To realize value exchange, people still need third-party intermediaries based on credit (such as banks, clearing agencies, exchanges). The global centralized credit system still has problems such as high operating costs, low efficiency, and vulnerability to attacks and damage. For example, each country's legal currency has different credit values and incompatible clearing systems, which adds a lot of cost to global trade.
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Therefore, what the second generation Internet must break through is: how to establish global credit in a decentralized manner? Let...>>
Question 2: What is blockchain? What does it mean in layman’s terms? What is China’s attitude towards blockchain? What can blockchain do? Blockchain, a great technology that accompanied the birth of Bitcoin, is currently being used in the financial field to significantly reduce transaction costs and improve efficiency, which is enough to excite Wall Street. However, this is just the tip of the iceberg. Its potential applications are very broad and will subvert every aspect of our lives in the future.
Blockchain is an important concept of Bitcoin. It is essentially a decentralized database and serves as the underlying technology of Bitcoin. One of the most basic characteristics of Bitcoin is decentralization. In recent months, financial giants have gradually begun to pay attention to Bitcoin's technology and used it in non-monetary fields, such as stock trading, election voting, etc. (1) Art Industry
Artists can use blockchain technology to declare ownership and issue numberable, 100% edition works in digital form for any type of artwork. It even includes a marketplace where artists can buy and sell through their website without the need for any intermediary services.
(2), Real estate industry
Use blockchain technology to solve various problems faced by everyone involved in real estate, including the naming process, land registration, agency intermediaries, etc.
(3), Insurance Industry
The financial industry has always been the most sensitive to advanced technology. Traditional banking and securities industry giants have been involved in the booming blockchain venture capital investment since 2014, with total global investment reaching US$1 billion within two years.
(4) P2P wallet
Personal assets can be traded through this P2P wallet in the future without going through any central institution, such as Bitcoin.
BigMost blockchains are in their infancy, mainly overseas. There are very few good domestic blockchain projects, so it is not recommended for any non-professionals to invest in blockchain projects. If you are very interested in blockchain technology and have a technical or financial background, it is recommended that you consider starting a business in this area. In terms of the blockchain protocol system, the lowest layer is the underlying technology of the blockchain, including the technical protocols of the blockchain, as well as some platform routing and basic algorithms; in the middle layer, some application interfaces and some credentials must be solved Issuance and verification, including some industry platform services, big data analysis, etc. This is a very rough classification, and there should be more detailed classifications; the top ones are some applications of blockchain, including finance Some applications and some applications in other aspects, the Internet of Things and so on.
Introduction to Bubi Blockchain
Bubi Blockchain has been focusing on the research and development and innovation of blockchain technology and products since its establishment. It has a number of core technologies and has achieved substantial results in many aspects. Radical innovation has resulted in a number of core technological achievements, such as: mathematically provable distributed consensus technology, fast large-scale ledger access technology, multi-chain general ledger technology that supports business expansion, and interconnection technology between heterogeneous blockchains. wait. On April 25, "Gege Points" introduced the concept of blockchain into the points system, jointly opened it up with multiple parties, issued and redeemed points, and promoted the circulation of points. Each cooperative institution can jointly participate in transaction verification, ledger storage, and real-time settlement; the third-party payment platform of the enterprise points issuer makes the entry and exit of points more flexible. Bubi has developed its own basic blockchain service platform, which has been applied in equity, supply chain, points, credit and other fields. Bubi has been committed to building an open value circulation network with decentralized trust as the core, allowing digital assets to flow freely.
A simple understanding of blockchain is a technology at the bottom of Bitcoin, which is also a peer-to-peer electronic cash system that can realize peer-to-peer value delivery. We should distinguish between Bitcoin, Bitcoin blockchain, blockchain and blockchain. Blockchain technology and other concepts. In countries with relatively developed finance in the past, finance and blockchain technology have a long history, and the legislation of digital currencies and blockchain networks is also very important. With the advent of the financial era, large financial institutions are studying blockchain technology. They have their own teams and conceptual technologies. Slowly, banks in various regions are also participating in digital currency discussions. The application and support of this technology are not only that. The influence of blockchain on enterprises is also huge. For larger domestic enterprises, Bubi Blockchain is also used in various equity, supply chain, points and other fields. Major domestic financial institutions and enterprises have taken a fancy to the new industry. value, they have developed their own blockchain platforms, and blockchain has instantly become a new innovative industry in China. In terms of overseas internationalization, the United States has already obtained 15 blockchain patents at the end of last year compared to China. Blockchain financial applications are entering a new stage in an all-round way. Various applications will become more and more in-depth, and related changes will also become more and more profound. It has attracted more and more attention and will form a huge new trend.......>>
Question 3: What is blockchain technology? What exactly is blockchain? What is blockchain? 1. Data blockchain is an important concept in the Bitcoin financial system. It records transaction record data on the entire Bitcoin network, and these data are shared by all Bitcoin nodes. Through the data block, we can query each transaction record. A look at the history of Bitcoin transactions. 2. Example: There are three persons A, B, and C. All funds of A and B are kept by C. And every financial transaction must be recorded by C. Now assume that A and B each have 1 million in custody of C. Then: A spends 80,000 yuan to B, then C's account book record will subtract 80,000 yuan from A's name, and add 80,000 yuan to B's name. If B transfers 50,000 yuan to A, C will add 50,000 yuan to A's name and subtract 50,000 yuan to B's name in the account book. A spends 50,000 yuan to B, then C's account book record will subtract 50,000 yuan from A's name, and add 50,000 yuan to B's name. 3. The role of the data blockchain is similar to that of C’s account record book. It records the user’s ownership of Bitcoin and the records of all users’ Bitcoin transactions. It’s just that this “account record book” is recorded by the mining software of every Bitcoin miner on the network. If a Bitcoin transaction is confirmed by the data blockchain, the relevant information will be recorded in the data blockchain. Bitcoin’s “account record book” is called the data blockchain. All data blockchains on the network form Bitcoin’s distributed network database system. 4. The essence of data blockchain technology is a decentralized and distributed structure of data storage, transmission and certification methods. It uses data blocks to replace the current Internet's dependence on central servers, so that all data changes or transaction items are recorded. On a cloud system, the self-certification of data during data transmission is theoretically realized. In a far-reaching sense, this transcends the traditional and conventional information verification paradigm that relies on a center and reduces the cost of establishing global "credit." This point-to-point verification will produce a "basic protocol", which is a new form of distributed artificial intelligence and will establish a new interface and shared interface between human brain intelligence and machine intelligence.
Question 4: What is blockchain: This explanation of blockchain is more understandable. Blockchain refers to a technology that collectively maintains a reliable database through decentralization and trustlessness. plan.
In layman’s terms, blockchain technology refers to a way for all people to participate in accounting. There is a database behind all systems. You can think of the database as a big ledger. Then who will keep this ledger becomes very important. Currently, whoever owns the system keeps the accounts. Tencent keeps the accounts of WeChat, and Alibaba keeps the accounts of Taobao. But now in the blockchain system, everyone in the system has the opportunity to participate in accounting. If there are any data changes within a certain period of time, everyone in the system can enterWhen doing accounting, the system will judge the person who has the fastest and best accounting during this period, write the contents of his records into the ledger, and send the contents of the ledger during this period to all other people in the system for backup. In this way, everyone in the system has a complete ledger. In this way, we call it blockchain technology.
Blockchain technology has become the darling of the financial community in China and has become a hot topic. Domestic Puyin Group has launched Puyin, a tea-based digital currency.
Question 5: Explain in an easy-to-understand manner what blockchain is. Blockchain can be understood as a database system in a sense. The development of blockchain can be divided into 1.0 and 2.0
1.0 is represented by Bitcoin, and its main application is virtual currency or digital currency application. The blockchain at this time can only be used for simple digital currency transactions.
2.0 is represented by the now popular ethereum (Ethereum) and the upcoming hyperledger. The blockchain at this stage can not only meet the corresponding digital currency transactions, but also use smart contracts to customize currency or asset transactions. If we use the database analogy, the emergence of smart contracts can be understood as allowing users to define functions or stored procedures in the database and call and execute them.
Different from traditional databases, the blockchain introduces consensus mechanism, incentive mechanism, p2p (network), hash and other specific elements, making it open, decentralized and non-tamperable. characteristic.
Question 6: What is blockchain? Can anyone explain it in simple terms? Blockchain is the underlying technology of Bitcoin. It is like a ledger that records all transactions. It is decentralized. What is decentralization? For example, when you buy something on Taobao, you place an order and pay in Alipay. Alipay will not transfer the money to the seller until you receive the goods. Alipay is the third party in that center. Without it, it means decentralization, just like buying things offline. If you pay with one hand and get the goods with the other hand, there is no third party.
The blockchain itself is a series of cryptographically related data blocks generated.
Look carefully to see if it looks like a ledger. The pieces one by one are blocks, and connected together they are the blockchain.
Many companies are developing this technology, including ours, and its prospects are incredible. For details, you can go to our official website and hope to adopt it, thank you
Question 7: What is blockchain technology? What is blockchain? How to explain the concept of blockchain? People in each industry have different understandings, and relevant explanations are gradually emerging due to more and more real-life applications. With the popularization of this blockchain technology, the related results are getting bigger and bigger. If we want to understand this technology, we need toTo understand deeply from reality.
In the past six months, the concept of blockchain has gradually become popular in China, and a blockchain whirlwind has taken off in the financial circle. Blockchain has attracted the attention and favor of more and more people in the industry due to its unique technical advantages. Blockchain technology, which is decentralized (or multi-centered), highly transparent, cannot be tampered with, and has no single point of failure, is entering the field of vision of financial institutions and enterprises. It has at least been used in digital currency, payment exchange, registration and settlement, Digital assets, traceability and anti-counterfeiting, supply chain, Internet of Things and many other fields have moved from theoretical discussions to practical applications.
"Blockchain" was first introduced with "Bitcoin" released in early 2009. Blockchain has become the basic protocol and technical application for the launch, recording, and circulation of Bitcoin. Although Bitcoin has been controversial since its inception and cannot even be regarded as a "currency" by governments and monetary authorities, the blockchain technology used in Bitcoin has been recognized by governments, including governments and monetary authorities. extensive attention.
Why has blockchain become a rapidly heating up hot technology and topic?
The most important of these may be that the launch of Bitcoin based on blockchain technology has opened up a new relationship with traditional society ( The exploration and attempt of new technologies and rule systems such as Internet user identity verification, wealth confirmation, transaction records, notarization and verification, which have little connection with offline) and are completely applied to the online world (online), provide people with the opportunity to adapt to the Internet society. Development provides alternative paths and unlimited imagination.
Judging from its application in Bitcoin, blockchain is a set of new network blocks (BLOCK, also called communities) formed by combining encryption technology with the Internet. Bitcoin configuration, netizen identity verification, and Bitcoin (value) confirmation formed by mining, Bitcoin transaction records, and extended encryption of Bitcoin cross-block flow (value transfer) (added block and transaction time identification, etc. Internet protocol rules and accounting (Ledger) system including block chain, full encryption, mutual authentication, etc., including factor) registration and verification. Precisely because Bitcoin is not a substitute for offline legal currency, but is issued and managed by non-legal currency authorities, mainly imitating the model of gold, and is completely new and decentralized protected and supported by basic Internet protocols and strict encryption technology. Internet currency (virtual currency) has thus formed a new set of currency rules and systems that are different from and not subject to real social laws, and can be bought, sold or exchanged with legal currency. It has been more than 8 years since Bitcoin was launched. There has been no record of funds or user information being stolen. Its security has been verified, and its efficiency and cost of fund settlement also have obvious advantages. This has made people's confidence in the blockchain technology used in Bitcoin continue to increase, and people have become more and more aware that although blockchain is a technology and protocol pioneered and applied by Bitcoin, the blockchain Chains are not the same as bitscurrency, its application will never be limited to Bitcoin. The application of blockchain can be decentralized or centralized; it can be a public chain model or a private chain model. Therefore, after Bitcoin, blockchain technology is also constantly developing and innovating, and constantly exploring new application fields, especially in the financial field.
The reason why blockchain is valued highly by more and more people is because the development and widespread application of the Internet have caused more and more economic exchanges and transaction activities to be conducted online, and the online world (or online world) society) is rapidly expanding, enriching and active, and online transactions must solve the efficiency and security protection issues of the parties' identity verification, value verification, transaction records, inspection and verification, etc., and require strict intermediaries and agreements (rules or constitutions). In this regard, traditional thinking and customary practices are to follow the development trajectory of the transfer of offline transactions to online and push the common rules and practices of the real (offline) society to the online (network) society. However, in practice, it is increasingly It is difficult to adapt to the needs of online transactions.
For example, for the identity verification of the parties, the natural choice is to use the information on the identity documents protected by the laws of various countries as the basis, and then add account or transaction passwords, as well as facial recognition, iris, fingerprints and other biometrics to conduct online transactions. Verification, but this method first makes the citizen identity information in the cross-border interconnected online world subject to the administrative jurisdiction of real society... >>
Question 8: Easy to understand Explain clearly what is blockchain. The English name of blockchain is Blockchain. Block literally means block, block, and chain means chain, chain. Therefore, together they are translated into blockchain.
1. Use cryptography technology to encrypt and decrypt so that records cannot be tampered with. Common blockchain encryption methods include hash algorithm, RSA algorithm, elliptic curve algorithm, etc.;
2. The huge amount of calculation needs to be supported by a reasonable reward mechanism. Because every transaction must be recorded, Bitcoin’s blockchain has more than 60 gigabytes so far. Every new transaction requires confirmation of the information related to the trading account to ensure that the transaction is valid. The huge amount of calculation requires a computer with powerful computing power to complete.
In order to encourage the participation of powerful computing power, Bitcoin provides two rewards: one is to issue a certain number of Bitcoins to these computers every day; instead, all transfer fees are awarded to these computers. (The technical term for these computers is "mining machines", and the people who hold the mining machines are called "miners".)
Biying China is working hard on the digitization of assets and has launched the digital currency crowdfunding platform Biying China.
Question 9: What is the so-called "blockchain"? Blockchain itself is a tool called decentralization and trustlessness. For example, when you graduate from university, the current practice is toHave a certificate recognized and issued by an authoritative agency as your voucher. This setting is more troublesome, because this is a piece of paper, and paper can be forged, so there will be various gaps. The issuing authority is also a person, and there will be various gaps in the middle. As long as it is related to people, whoever There are various possibilities related to media. The blockchain provides a great opportunity. As soon as you graduate, you will have a record on the blockchain. No one can change this record. This thing exists objectively. You, as a physical existence , and then as a data existence, the blockchain was born. In this case, anyone who wants to check where you graduated can easily solve the problem. This is similar to the big data often involved in social networking (WeChat) and payment platforms (Alipay, Yibao).
Question 10: What does blockchain mean? Regarding blockchain, I think you have already seen the concept on the Internet. Let me explain it based on my understanding!
First, let’s talk about its characteristics: 1. Openness and transparency 2. Decentralization 3. Anonymity 4. Information cannot be tampered with, eliminated 5. No trust cost
Blockchain is like a public ledger , everyone has the right to record and read, and everyone will jointly supervise to ensure its accuracy, and the recorded content will be permanently saved, and can only be added but not deleted! However, as the number of blocks continues to increase, costs will increase and efficiency will decrease. (I’m not sure whether technology can be used to make up for this. I hope someone who understands technology can point it out.)
Blockchain is divided into public chain, private chain, and alliance chain. Public chain: accessible to everyone, everyone has read and write permissions, completely open, transparent and decentralized. Private chain: Open to individuals or institutions, in which the owner of the private chain can set various permissions to make it partially centralized. Alliance chain: Open to specific organizations or groups, it is also "partially decentralized". According to the ledger at the beginning, members can view and transact, but cannot record and confirm bills, or require permission from the alliance. (The latter two do not have cost and efficiency issues)
Regarding blockchain, countries have begun to recruit talents in this area. For this, you can search online for "Central Bank Recruiting Digital Currency R&D Personnel". In addition, you can increase your understanding of blockchain by understanding its existing applications. What we usually refer to generally refers to public chains. Currently, those used abroad include Bitcoin, Ethereum and other domestic blockchains. Chain
1. Open and transparent: Every piece of data is verified by everyone and can be viewed by everyone at any time.
2. Decentralization: For example, when we shop on Taobao, we conduct transactions through the intermediary Taobao, and blockchain allows both supply and demand parties to directly contact each other for direct transactions through blockchain technology.
3. Anonymity: No personal privacy information is required to complete transactions on the blockchain, only your unique alphanumeric signature is required.
4. Information is notCan be tampered with and eliminated: Once the data is verified and recorded, no one has the authority to modify it, let alone delete it!
5. No trust cost: The trust crisis in reality will not appear in the blockchain. Transactions in the blockchain do not require you to trust the other party. Only when both of you have enough "digital assets" to trade can it be carried out, and Under the supervision of the entire network, transactions will not be broken. If you have no idea about the cost of trust, just think about how many intermediaries there are in your city, or just think about Jack Ma, and you will know how big the cost of trust is.
I am still learning more about blockchain. I am Li Ailin. If you have any questions, you can discuss and learn together!
『8』What does blockchain mean and how to understand it
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 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, on November 1, 2008, 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, The architectural concepts of electronic cash systems such as timestamp technology and blockchain technology mark 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.
『九』 What is blockchain? An easy-to-understand explanation
Blockchain is actually equivalent to a disintermediated database, which is composed of a series of data blocks. Each of its data blocks contains information about a Bitcoin network transaction, which is used to verify the validity of the information and generate the next block.
In a narrow sense, blockchain is a way to store data in chronological order.Blocks are connected in a sequential manner to form a chain data structure, and are cryptographically guaranteed to be a distributed ledger that cannot be tampered with or forged.
In a broad sense, blockchain is actually a distributed infrastructure and computing method, which is used to ensure the security of data transmission and access.
Blockchain classification
1. Public
Public Block Chains (Public Block Chains) refer to: any Individuals or groups can send transactions, and the transactions can be effectively confirmed by the blockchain, and anyone can participate in its consensus process. The public blockchain is the earliest blockchain and the most widely used blockchain. The virtual digital currencies of all major bitcoins series are based on the public blockchain. There is only one blockchain corresponding to this currency in the world. .
2. Consortium
Industry Block Chains (Consortium Block Chains): Multiple pre-selected nodes are designated within a certain group as bookkeepers, and each block is generated by all The pre-selected nodes jointly decide (the pre-selected nodes participate in the consensus process). Other access nodes can participate in the transaction, but do not participate in the accounting process (it is essentially still managed accounting, but it becomes distributed accounting. How to determine the number of pre-selected nodes? The bookkeeper of each block becomes the main risk point of the blockchain), and anyone else can conduct limited queries through the open API of the blockchain.
『Shi』 An easy-to-understand explanation of what blockchain means
Blockchain is a technology that has produced many applications, including all industries related to data and information. Bitcoin is one of the most well-known applications.
The popular explanation of blockchain is that if you buy a lipstick online, you first find the product you like and the seller's order, and then give the money to the intermediary platform. After the seller delivers the goods and the buyer confirms receipt of the goods, the intermediary platform will transfer the money to the seller. Because of trust issues, both buyers and sellers rely on intermediate platforms, and blockchain, as a decentralized distributed ledger database, focuses on removing this intermediate platform while solving trust issues at the same time.
In the blockchain, everyone has their own ledger to record everything that happens. If the seller takes the money but does not deliver the goods during the transaction, the record will be permanent and cannot be modified, and there is no need to exchange information with each other. In the blockchain world, the ledger of the person with the fastest and best quality records at the same time node will be selected to copy, send in series, and finally become thicker and thicker to form a block.
Since everyone in the blockchain world participates in bookkeeping, the lack of anyone’s bookkeeping will not affect the security and stability of everyone’s information. The rise of blockchain is based on trust issues, which are related to wealth security. This is the first thing to pursue.