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『一』What is blockchain technology? What exactly is blockchain? What is blockchain?
In a narrow sense, blockchain is a way to A chained data structure composed of data blocks that are sequentially connected, and a cryptographically guaranteed distributed ledger that cannot be tampered with or forged.
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. It is a new distributed infrastructure and computing method that uses smart contracts composed of automated script codes to program and operate data securely.
[Infrastructure]
Generally speaking, the blockchain system consists of data layer, network layer, consensus layer, incentive layer, contract layer and application layer composition. Among them, the data layer encapsulates the underlying data blocks and related basic data and basic algorithms such as data encryption and timestamps; the network layer includes distributed networking mechanisms, data dissemination mechanisms, and data verification mechanisms; the consensus layer mainly encapsulates network nodes Various consensus algorithms; the incentive layer integrates economic factors into the blockchain technology system, mainly including the issuance mechanism and distribution mechanism of economic incentives; the contract layer mainly encapsulates various scripts, algorithms and smart contracts, and is the core of the blockchain The basis of programmable features; the application layer encapsulates various application scenarios and cases of the blockchain. In this model, the chain block structure based on timestamps, the consensus mechanism of distributed nodes, economic incentives based on consensus computing power, and flexible programmable smart contracts are the most representative innovations of blockchain technology.
Extended information:
[Blockchain core technology]
Blockchain mainly solves the trust and security issues of transactions, so it addresses this issue Four technological innovations:
1. Distributed ledger means that transaction accounting is completed by multiple nodes distributed in different places, and each node records a complete account, so they all Can participate in supervising the legality of transactions and can also jointly testify for them.
The uniqueness of blockchain's distributed storage is mainly reflected in two aspects: First, each node of the blockchain stores complete data according to the block chain structure. Traditional distributed storage generally stores The data is divided into multiple parts for storage according to certain rules. Second, the storage of each node in the blockchain is independent and of equal status, relying on the consensus mechanism to ensure storage consistency, while traditional distributed storage generally synchronizes data to other backup nodes through the central node.
No node can record ledger data independently, thus avoiding the possibility of a single bookkeeper being controlled or bribed to record false accounts. Also because there are enough accounting nodes, theoretically speaking, the accounts will not be lost unless all nodes are destroyed, thereby ensuring the security of the accounting data.
2. Asymmetric encryption and authorization technology, the transaction information stored on the blockchain is public, butAccount identity information is highly encrypted and can only be accessed with the authorization of the data owner, thus ensuring data security and personal privacy.
3. The consensus mechanism is how all accounting nodes reach a consensus to determine the validity of a record. This is both a means of identification and a means of preventing tampering. Blockchain proposes four different consensus mechanisms, which are suitable for different application scenarios and strike a balance between efficiency and security.
The consensus mechanism of the blockchain has the characteristics of "the minority obeys the majority" and "everyone is equal". "The minority obeys the majority" does not entirely refer to the number of nodes, but can also be the computing power and the number of shares. Or other characteristic quantities that the computer can compare. "Everyone is equal" means that when a node meets the conditions, all nodes have the right to give priority to the consensus result, which will be directly recognized by other nodes and may eventually become the final consensus result.
4. Smart contracts. Smart contracts are based on these trustworthy and non-tamperable data and can automatically execute some predefined rules and terms. Take insurance as an example. If everyone's information (including medical information and risk occurrence information) is true and trustworthy, it will be easy to automate claims settlement in some standardized insurance products.
In the daily business of insurance companies, although transactions are not as frequent as those in the banking and securities industries, the reliance on trusted data continues unabated. Therefore, the author believes that using blockchain technology from the perspective of data management can effectively help insurance companies improve their risk management capabilities. Specifically speaking, it is mainly divided into risk management of policyholders and risk supervision of insurance companies.
Blockchain-Network
『二』 What is blockchain
Blockchain is a term in the field of information technology. Blockchain is an uninterrupted digital ledger of economic transactions that can be programmed to record not just financial transactions, but almost anything of value. Simply put, it is a decentralized, distributed database of immutable records that is managed by a cluster of computers but does not belong to any single entity. Blockchain is stored as a database or flat file.
『三』 What kind of currency is Snow Coin?
Junk Coin
Definitely not good
『四』What is blockchain
Junk Coin
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Concept: Blockchain is a new application model of computer technologies such as distributed data storage, point-to-point transmission, consensus mechanism, and encryption algorithms.
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. Germination period: periodFrom 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)xuc blockchain extended reading:
Three characteristics of the three blockchains:
1. District 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 that the recognized result is The result 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. Anyone can participate in the nodes of the blockchain. While participating in the recording, each node also verifies the correctness of the recording results of other nodes, which improves maintenance efficiency and reduces costs.
In one sentence, blockchain touches money, trust and power, which are the fundamental foundations on which human beings rely for survival.
『武』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, hourThe architectural concept of electronic cash systems such as time stamping technology and blockchain technology marks 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.
『Lu』 What exactly is blockchain? Which blockchains have physical applications
What is blockchain?
Official definition: Blockchain is a new application model of computer technology such as distributed data storage, point-to-point transmission consensus mechanism encryption algorithm, etc. The so-called consensus mechanism is a mathematical algorithm that establishes trust and obtains rights and interests between different nodes in the blockchain system.
Vernacular understanding: A block is to package all the data generated within a time period in chronological order. Generally, the length of a block is 10 minutes, which means that within 10 minutes, all the data on the Internet will The data is packed into a complete package, and this complete data package is called a block. The blockchain links these data packages in order to form a structure, and cryptographically ensures that it cannot be tampered with or forged to form a distribution. ledger, this is the blockchain.
It seems that everyone has a preliminary knowledge and understanding of the blockchain. So whether the blockchain has any practical application in daily life, the answer is yes, the current practical application There are mainly the following aspects. Of course, I may not know some of them. Friends are welcome to leave messages to add.
Financial Industry
Blockchain should be used the most in the financial industry.
For example, in May 2017, OMG (Omise Coin) announced that it would cooperate with Alipay to launch an electronic wallet, integrating the "Alipay" payment solution into its own payment service suite to help local electronics in Thailand. Business merchants accept online payment transactions from Chinese tourists.
Another example is PPT, which is a financial transaction system for bills based on blockchain.
Gaming
The gambling industry entered the blockchain probably last year. Why does gambling favor blockchain? Because blockchain provides a relatively fair betting system. Why? It is relatively fair. As can be seen from the previous introduction, the blockchain cannot be tampered with or forged.
For example, WICC (WikiChain) can realize asset issuance, betting applications, copyright traceability, mutual insurance, decentralized exchanges, cross-border settlement, etc.application scenarios.
For example, the STX (King of Fighters Token) stox application is designed to provide the full functionality of a prediction market application without the need for any central server. Prediction markets require functions such as event planning, market production, providing information and analysis to traders, reporting event results, and of course collection and payment.
I believe that if the current lottery industry is built on the blockchain, people will become more and more enthusiastic about buying, because there are too many insider tips that make people give up.
Internet of Things
The Internet of Things still has many applications on the blockchain, because the traceability and immediacy of blocks are very suitable for this industry.
For example, DATA is the concept of the Internet of Things. It is a decentralized p2p network. Data sources can connect to any node in the entire network, then publish data, and the network will immediately send it to subscribers. Horizontal scalability is achieved through sharding pattern. This timeliness and accuracy are very important in IoT applications.
Game industry
For example, GTC (G coin) is a decentralized digital asset based on Ethereum erc20 issued by Game Global. G coin is committed to becoming a universal number in the global game industry. Monetary standards.
For example, MANA is a distributed shared virtual platform. On this platform, users can browse and discover content and interact with other people and entities. Users can also claim ownership of virtual territories through a blockchain-based land ledger. The territory is demarcated by rectangular coordinates (x, y), and its owner can decide the content published on the territory, including static 3D scenes to interactive systems such as games.
There are many other industries. The emperor did not list them one by one, but listed a few representative ones. What is the purpose? It shows that the blockchain is definitely not just a currency transaction, it is a real implementation project, and it is a product of the changes of the times with real practical uses.
The development of human society is actually like the blockchain, it is irreversible and unstoppable. As far as I feel, the blockchain will enter thousands of households sooner or later. Regardless of whether it is bull or bear, hold it in your hands. Value coins and Flush have started quoting digital currencies, which shows that society is accepting it step by step. The power of social development cannot be blocked by any country or person.
『撒』 What exactly is blockchain
What is blockchain?
Blockchain is a new application model of computer technologies such as distributed data storage, point-to-point transmission, consensus mechanism, and encryption algorithm. The so-called consensus mechanism is a mathematical algorithm that establishes trust and obtains rights and interests between different nodes in the blockchain system [1].
Blockchain is an important concept of Bitcoin. It is essentially a decentralized database and serves as the underlying technology of Bitcoin. The blockchain is a series of data blocks generated using cryptographic methods. Each data block contains information about a Bitcoin network transaction., used to verify the validity of its information (anti-counterfeiting) and generate the next block.
Blockchain was born from Satoshi Nakamoto’s Bitcoin. Since 2009, various Bitcoin-like digital currencies have appeared, all based on public blockchains.
The current situation of digital currency is that a hundred flowers are blooming. Here are some common ones: bitcoin, litecoin, dogecoin, dashcoin. In addition to currency applications, there are also various derivative applications, such as Ethereum, Asch and other underlying application development platforms, as well as NXT , SIA, BitShares, MaidSafe, Ripple and other industry applications.
On January 20, 2016, the People’s Bank of China Digital Currency Seminar announced that it had achieved phased results in digital currency research. The meeting affirmed the value of digital currency in reducing the issuance of traditional currency and stated that the central bank is exploring the issuance of digital currency. The expression of the People’s Bank of China’s Digital Currency Seminar has greatly enhanced the confidence of the digital currency industry. This is the first time that the five central bank ministries and commissions have expressed a clear attitude towards digital currencies since they issued a notice on preventing Bitcoin risks on December 5, 2013. [4]
On December 20, 2016, the Digital Currency Alliance - China FinTech Digital Currency Alliance and FinTech Research Institute were officially established, with Huobi being one of the co-initiators. [5]
Some areas where blockchain can be used are:
▪ Smart contracts
▪ Securities trading
▪ E-commerce
▪ Internet of Things
▪ Social communication
▪ File storage
▪ Proof of existence
▪ Identity verification
▪ Equity crowdfunding
We can compare the development of blockchain to the development of the Internet itself , something called finance-internet will be formed on the Internet in the future, and this thing is based on blockchain, and its precursor is bitcoin, that is, traditional finance starts from private chains and industry chains (local area network), and the bitcoin series starts from public chains (Wide Area Network), they all express the same concept - digital assets (Digital Asset), and finally converge to an intermediate balance point.
The evolution of blockchain is:
▪ Blockchain 1.0 - digital currency
▪ Blockchain 2.0 - digital assets and smart contracts
▪ Blockchain 3.0 ——The implementation of distributed applications in various industries
Blockchain is divided into three categories, which is introduced in detail in the book "Blockchain: Defining the New Pattern of Future Finance and Economics" [2] issued by Currency, < br />itsHybrid blockchains and private blockchains can be considered as broad private chains:
Public Blockchains (PublicBlockChains)
Public blockchains refer to: any individual or group in the world can send transactions , and 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. .
Consortium (Industry) Blockchain (ConsortiumBlockChains)
Industry Blockchain: Multiple preselected nodes are designated within a certain group as bookkeepers, and the generation of each block is jointly performed by all preselected nodes. Decision (pre-selected nodes to participate in the consensus process), other access nodes can participate in transactions, but do not participate in the accounting process (essentially still managed accounting, just become distributed accounting, how many pre-selected nodes, how to determine the number of each block The bookkeeper becomes the main risk point of the blockchain), and anyone else can conduct limited queries through the open API of the blockchain.
Private Blockchain (privateBlockChains)
Private Blockchain: Only uses the general ledger technology of the blockchain for accounting. It can be a company or an individual, and has exclusive access to the writing of the blockchain. With access permissions, this chain is not much different from other distributed storage solutions. (Dec2015) Conservative giants (traditional finance) all want to experiment with private blockchains, while public chain applications such as Bitcoin have been industrialized, and private chain application products are still being explored.
『8』 Introduction to Blockchain What you need to know!
What is a blockchain?
Literally: a blockchain is a chain composed of small blocks that record various information, similar to what we will Bricks are stacked one after another, and they cannot be removed after being stacked. Each brick also has various information written on it, including: who stacked it, when it was stacked, what material the brick was made of, etc. You can use this information There is no way to modify it.
From a computer perspective: Blockchain is a relatively special distributed database. A distributed database stores data information on each computer separately, and the stored information is consistent. If one or two computers in Taiwan are broken, the information will not be lost, and you can still view it on other computers.
Blockchain is distributed, so it has no central point. Information is stored in all nodes that join the blockchain network, and the data of the nodes is synchronized. A node can be a server, laptop, mobile phone, etc.
What you need to know is that the data stored in these nodes are exactly the same.
Blockchain Features
Decentralization: Because it is distributed storage, there is no central point. It can also be said that each node is a central point, and the application in life is notA third-party system is required (banks, Alipay, real estate agencies, etc. are all third parties).
Openness: The system data of the blockchain is open and transparent, and everyone can participate. For example, when renting a house, you can know the previous rental information of the house and whether there have been any problems. Of course, some individuals here Private information is encrypted.
Autonomy: The blockchain adopts consensus-based specifications and protocols (such as a set of open and transparent algorithms), and then each node operates according to this specification, so that everything is done by machines and there is no human touch. Element. This changes trust in people to trust in machines, and any human intervention has no effect.
Information cannot be tampered with: If the information is stored in the blockchain, it will be saved permanently and there is no way to change it. As for the 51% attack, it is basically impossible to achieve.
Anonymity: There is no personal information on the blockchain, because it is all encrypted and is a string of letters and numbers, so your ID card information and phone number will not be resold. Phenomenon.
Block structure
A block contains two parts:
1. Block header (Head): records meta-information of the current block
2. Block body (Body): actual data
>Contains data as shown below:
How blockchain works
Let’s take transfer as an example:
Currently our transfers are centralized, and the bank is a centralized ledger. For example, there is 400 in account A There are 100 yuan in account B.
When A wants to transfer 100 yuan to B, A needs to submit a transfer application through the bank. After the bank verification is passed, 100 yuan will be deducted from A's account and 100 yuan will be added to B's account.
After calculation, the balance of account A after deducting 100 is 300 yuan, and the balance of account B after adding 100 is 200 yuan.
The steps for transferring money on the blockchain are: A wants to transfer 100 yuan to B. A will tell everyone about the transfer on the Internet, and everyone will check whether there is enough money in A's account. To complete the transfer, if the verification is passed, everyone will record this information in the blockchain on their computers, and the information recorded by everyone will be synchronized and consistent, so that A will successfully transfer 100 yuan to on B’s account. You can see that there is no bank involved.
Related questions
What is the relationship between blockchain and Bitcoin?
Bitcoin was proposed by Satoshi Nakamoto in 2009, and then the blockchain technology was refined with reference to the implementation of Bitcoin.
If Bitcoin is noodles, then blockchain is flour. Later, everyone discovered that flour can be used to make steamed buns and steamed buns in addition to noodles.
Why do I need to help you store block information?
I don’t have time to do it without profit. To put it simply, you help me store information and I will give you corresponding rewards.
Key technical points you need to understand about blockchain?
By Hash and asymmetric encryption to ensure that the data cannot be tampered with:
Hash: y = hash(x), perform a hash operation on x to get y, you can hide the original information x, because you cannot calculate x through y, Thus achieving anonymity.
Asymmetric encryption: The public key and the private key are a pair. If the public key is used to encrypt the data, only the corresponding private key can be used to decrypt it; if the private key is used to encrypt the data, then only It can be decrypted with the corresponding public key.
Consensus algorithm: Ensure data consistency between nodes.
Is there a sentence or two that can explain the blockchain?
Yes.
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.
『玖』What is blockchain technology
Blockchain is a new application model of computer technologies such as distributed data storage, point-to-point transmission, consensus mechanism, and encryption algorithm. . The so-called consensus mechanism is a mathematical algorithm that establishes trust and obtains rights and interests between different nodes in the blockchain system
Blockchain is an important concept of Bitcoin. It is essentially a decentralized database. , and as the underlying technology of Bitcoin. The blockchain is a series of data blocks generated using cryptographic methods. Each data block contains information about a Bitcoin network transaction and is used to verify the validity of its information (anti-counterfeiting) and generate the next block.
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-forgeable. Account book.
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 the security of data transmission and access. A new distributed infrastructure and computing method that uses smart contracts composed of automated script codes to program and operate data