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① What are the methods of blockchain investment?
The underlying logic of blockchain is to store information in a joint competition accounting method, which can be understood as a record Digital asset transactions, and no one can tamper with the ledger without permission.
Blockchain is the basic technology of digital currencies such as Bitcoin, and it is currently the only technology that has been applied for monetization.
Now that digital currency transactions have been closed in China, the vitality of established companies that were doing well in the country has been severely damaged. Some units with overseas backing have started to rise, such as Binance, which is now the most popular.
② [Hall of Fame] Founder of Blockchain Pencil (ChainB) - Prince Baozou Gong
Gong Ming, also known as "Prince Baozou Gong", ICO AGE (formerly China's largest ICO platform) and the founder of Blockchain Pencil (the largest Chinese blockchain media). Since 2012, he has been committed to promoting the development of digital currency and blockchain industries. He has translated and written a large number of relevant materials and blockchain white papers, and participated in "Blockchain Society", "Blockchain - New Economic Blueprint", "Digital Currency" and many other works.
Prince Gong of Baozou·Weibo ID
Speaking of Prince Gong of Baozou, people outside the blockchain circle may be unfamiliar, but This title is extraordinary within the circle.
The first time I met Prince Baozou Gong was at the Gravity Zone event in Chengdu. Many blockchain “believers” came for Baozou Gong that day.
Initially, Prince Baozou Gong was just a Weibo ID.
Initial research on digital currency
Just after he was released from prison in 2010, he plunged into the field of digital currency research. With a salary of 1,200 yuan, he silently predicted The trend of digital currency.
In 2012, the transfer payment method was still very traditional. The cumbersome procedures and extremely inefficient transfer process often made Baozou miserable. “After reading the information on Bitcoin at the time, I felt that this could be solved. My past doubts."
Different from most laymen, Bao Bao, a mathematics major, has not only done program development for more than ten years, but also has experience in finance, so he quickly digested the Bitcoin currency and even the logic of blockchain technology. When he transferred the Bitcoins from his wallet to a friend for the first time, Baozhua was particularly excited. "Transferring money is so convenient. It feels like sending an email for the first time. This is the future!"
Bitcoin has opened the door to a new world for the wild, so he is very happy to do some popular science work. "At that time, there were more technical discussions abroad, and I really wanted to spread these things back to China."
TranslateTranslation & Writing
At that time, he translated a large amount of foreign information and reports about Bitcoin on Weibo.
He has translated and written a large number of relevant materials and blockchain white papers, and participated in many publications such as "Blockchain Society", "Blockchain - New Economic Blueprint", and "Digital Currency". book.
Gradually, everyone became accustomed to calling Gong Ming "Prince Baozou Gong", and "Prince Baozou Gong" has become an influential figure in the blockchain circle.
Blockchain Pencil (ChainB)
Prince Gong translated many articles on blockchain technology, and later created blockchain media: Blockchain Pencil. “I always believe that technology is the most important, so the Blockchain Pencil only introduces technology and tells you what is truly valuable. As for the quality of blockchain applications, we will give you various overseas materials for reference. ”
Blockchain Pencil (website domain name ChainB.com) is an authoritative new media that provides the latest and most comprehensive information reports on the global blockchain industry.
The website publishes authoritative, comprehensive and professional blockchain information in real time 24 hours a day, 7 hours a day, including blockchain-related industry trends, company news, events and conferences, etc. The content covers the block chain Chain companies, related venture capital opportunities, digital currency and digital asset-related news and other news.
Participate in the EOS super node election
At an event, Prince Gong Baozou mainly introduced two blockchain projects in which he participated: the decentralized exchange CYBEX and blockchain incubator LongHash.
He said that EOS.CYBEX will develop the first test chain of EOS and provide EOS developers with a complete testing environment and tools for free. Its LongHash incubator can provide free support to outstanding EOS developers around the world. At the same time, taking this opportunity, Baozou officially announced its participation in the EOS super node election.
Why did you choose to work on CYBEX and LongHash? Baozang also has its own considerations: “What we hope to do is a platform that can provide everyone with complete basic services. The biggest starting point for doing these projects is to hope that the industry will be healthy. Development."
With the participation of candidates such as Laomao, Coin Capital, and Gravity Zone, the competition for EOS super nodes is becoming increasingly fierce. Baozou believes in BM's technical strength, which is why he has been paying attention to BTS An important reason for development is that what CYBEX wants to do on EOS is similar to BitShares.
Based on these reasons, Baozou issued "CYBEX will combine profound development experience, market operation experience and richIt is also expected that industry resources empower the co-construction of the EOS community.
③ How does the recently popular Lianxin work?
Qubu now The model seems to be getting more and more intense, and various imitation disks are emerging one after another. Simply make a strength ranking
1. Qubu
Chen Jia Team Before the Quark public chain was developed, the company was Chongqing Cangzhou Network Technology Co., Ltd., and Lianxin Candy was the second one developed by Chen Jia’s team. I don’t know if you have paid attention to the attitude of my country’s major cities towards the development of blockchain. In several Among the major cities, Chongqing attaches great importance to blockchain and plans to build the largest blockchain industry development base in the country in Chongqing.
Why are there so many similar companies and projects on the market? Are you optimistic about Lianxin?
Because Lianxin is a real blockchain project. This is the essential difference from other projects. It can be said that there are only a handful of real blockchain projects on the market. Here is a simple popularization Let’s talk about blockchain knowledge. A real blockchain must have a block browser, its own public chain, and its own wallet. These are the most basic requirements. You can learn more online.
④ What is blockchain
What is blockchain? What changes will it bring to future life?
Blockchain is a distributed data storage , point-to-point transmission, consensus mechanism, encryption algorithm and other new application models of computer technology.
Blockchain is an important concept of Bitcoin. It is essentially a decentralized database. At the same time, as the underlying technology of Bitcoin, it is a series of data blocks generated using cryptographic methods. Each data block contains a batch of Bitcoin network transaction information, which is used to verify the validity of its information (anti-counterfeiting) and generate the next block.
In fact, the word blockchain does not appear in the original English version of the Bitcoin white paper, but the word chain of blocks is used. In the earliest Chinese translation of the Bitcoin white paper, the word chain of blocks was translated It became blockchain. This is the earliest time when the Chinese word "blockchain" appeared.
The Cyberspace Administration of China issued the "Blockchain Information Service Management Regulations" on January 10, 2019. Effective from February 15, 2019.
In a narrow sense, blockchain is a chain data structure that combines data blocks in a sequential manner in chronological order, and A distributed ledger that is cryptographically guaranteed to be untamperable and unforgeable.
So in conclusion, this is undoubtedly a new technology that changes life, and the entire society in the future All production activities will be carried out with blockchain as the underlying logic. We can have many things at our fingertips. Coupled with the integration of artificial intelligence and big data, we can easily handle the things we see now.Come to seemingly tedious things, such as some securities market transactions and intelligent matching of financial management activities.
To put it simply, blockchain is a network computing center that integrates people, property, machines, and goods, and packages them into a whole; putting it on an infrastructure to run.
⑤ Some blockchain public accounts have been blocked. Is the deadline for blockchain media approaching?
Some blockchain public accounts have been blocked for allegedly publishing ICO and virtual currency transaction hype information. Permanently blocked! This does not mean that the end of the blockchain media has arrived, but it shows that the government has begun to seriously manage the blockchain market! The current currency circle that relies on blockchain is really full of chaos and demons are dancing around. It’s really time for higher-level departments to take charge!
But many elderly people have invested everything, tens of thousands, hundreds of thousands or even millions. Some even asked others to borrow money or even sold it. If they lose their houses in the end, I’m really worried about where these old people will go!
I am Vanilla Pearl,
Psychological growth, spiritual improvement, we go together all the way!
⑥ Blockchain Variety Analysis: PressOne
The exchange quota of PressOne has been announced, and investors who have participated in the ICO before have received more chips than expected - almost doubled. This article is about some thoughts about PressOne, an interpretation of the rules when crowdfunding the PressOne project, what is the PressOne project, what development can it have, and besides investing in PRS, what can we do on PressOne?
1. Interpretation of PressOne Crowdfunding Rules
I have read PressOne’s ICO manual many times and found it very interesting. A word-for-word reading and analysis will help us. Better understand project information and control risks. Due to the particularity of PressOne, it is important to understand the project white paper when participating in other ICO projects.
There is a paragraph in PressOne’s ICO instructions:
Read the information you can see from the risk warning section word for word as follows:
Information in the detailed rules of the PRS sale:
To sum up, the income from participating in the PRS ICO is:
1) A proportional preferential reward of 1 billion, 2) 50% Currency holders have about 25% of the dividend rights to the income generated by PRS investment, and 3) there is a possibility of no less than 5 times of growth in the future.
2. PressOne project analysis
1. What is PressOne?
PressOne is aA content distribution public chain based on the EOS blockchain infrastructure, where people can create a variety of content-based decentralized applications.
By design, the PressOne system is isolated into two levels:
The benefit of this is in line with Occam's razor principle - do not add entities unless necessary. The underlying operating system, like BTC and ETH, completes the most important functions of accounting and smart contracts. It can be shared by other content applications running on the PressOne public chain and is the necessary foundation for the future development of PressOne's ecosystem. The upper layer The application only needs to complete the content part. The initial team will make examples and invite more teams to join to enrich the entire content ecosystem.
2.What problem does PressOne solve?
It’s time for the centralized content distribution model to be overturned. PressOne solves the problem of intermediation in content dissemination. Publishers and channels are replaced by systems and programs, and efficiency is greatly improved. At the same time, Costs have also dropped significantly.
Generally speaking, the content industry only requires content producers and content recipients, and value transfer occurs between content producers and content recipients, without the need for other links. That is:
1) The content output by value content producers will be recognized and paid for by content recipients who need the value, such as high-quality novels, professional knowledge, etc.
2) The content output by non-value content producers must be paid before it can be viewed by content recipients, such as advertisements and products. After viewing, content recipients will have a certain proportion of purchase conversion and re-dissemination
Examples of content dissemination are as follows:
1) Value content producers output content - Content recipient 1 pays to read and disseminate - Content recipient 2 pays to read and disseminate... Value content The more valuable content is disseminated, the more people pay. Readers who pay can also share the revenue of the disseminated valuable content after disseminating it again, that is, truly paying for knowledge.
2) Non-value content producers output content - Content recipient 1 reads and spreads it for a fee - Content recipient 2 reads and spreads it for a fee... The spread of non-value content becomes Now, reading an advertisement requires paying people who actually see the advertisement, and the conversion rate will increase after the real target customers see it. People who spread the advertisement again will also get the benefits of spreading the content, that is,
The above are just examples. The mode of communication is cross-communication rather than simple series
3. Content that can be spread on PressOne
Text sharing, music sharing, video live broadcast, pictures Sharing, Weibo sharing, e-commerce sharing, etc. In theory, all content dissemination that can be disintermediated can be disseminated based on PressOne, such as paid reading, paid video, product information, advertising information, etc.
4. Examples of possible projects for PressOne:
Several projects that may be directly ported to PressOne: 1. The prs version of Xinsheng University, 2. The prs version of Yiyiting, 3. The obtained prs version , 4. Harper's Bazaar prs version, the copyright has been purchased...
3. In addition to investing, what else can we do on PressOne?
1. The self-media on PRS outputs valuable content through personal blogs or personal videos, and receives reading payments and systematic rewards from regular followers and communicators.
2. Content reviewers on PRS use their own contributions to filter out information that is harmful to the public and receive rewards from the system
3. Content comments on PRS Those who make high-quality comments on the content on PRS can receive rewards from the system.
4. Content disseminators on PRS receive a share of the author’s paid content by disseminating other valuable content.
3. Merchants on PRS can mine accurate paying users through paid reading. In the blockchain world, it is impossible to fake products. High-quality products are the guarantee for the long-term survival of merchants.
4. Incubation projects on PRS, excellent project teams can incubate their own projects in PRS, such as Li Xiaolai’s most successful community in the column on the road to freedom of wealth - the non-outgoing community. Now it has begun to hatch slowly.
4. The future of PressOne
Regarding the future, hold the coins in your hands, ignore the fluctuations, and wait patiently for the fruits in a few years. Quoting Teacher Xiaolai’s Weibo: “There are four companies with a market value of more than 500 billion US dollars: Apple, Alphabet, Microsoft, Amazon... In a few years, humans will see companies with a market value of one trillion US dollars... ”
Talking about it doesn’t count, it’s about getting started. I hope this will be the future of PressOne!
Finally, all thoughts about PressOne are based on my own superficial understanding of the blockchain, which may be wrong. Wait for time to prove it!
⑦ Binance, Huobi and other keywords are suspected to be blocked by Baidu and Weibo
Weibo, as one of the most influential social platforms in China, has also begun to increase its efforts in recent days. Banning of speech related to virtual currencies.
On June 5, the Weibo accounts of KOLs in the crypto industry were banned on a large scale, including @bitcoinfemaledoctor, @blockchainwilliam, @superbitcoin, @mint37degree and nearly 30 others Related Weibo accounts were shut down, with followers ranging from tens of thousands to millions; some Bitcoin-related corporate accounts were not spared this time, such as @bitpiewallet. Currently, some of the banned accounts have opened new accounts, while a considerable number have not taken any action.
As soon as the news of Weibo’s ban came out, the crypto market experienced a short-term plunge.
On June 9, some netizens discovered that keywords such as Binance, Huobi, and OKEx were suspected to have been blocked by the Internet, search engines such as 360, and Weibo.
On the 12th, Mr. Fund logged into the web version of the network, Weibo and other search engines and found that keywords such as Binance and Huobi could no longer be searched normally. The mobile version of Weibo page showed: "According to relevant laws and regulations and policies, search results are not showing."
It can be seen that China’s strong supervision of virtual currencies is being implemented from all aspects. In addition to major banks stating that accounts are prohibited from being used for Bitcoin transactions, some platforms have banned open contract transactions for domestic investors in order to comply with domestic regulatory policies, and some platforms have directly banned domestic IP access.
Now directly cleaning up and rectifying the "mining" behavior from the source will have a big impact on virtual currency
⑧ Is Weibo invoice a blockchain invoice
p>Yes.
Because Tencent also posted on Weibo that the country's first blockchain invoice has arrived. The reason is that this invoice is led by the tax bureau, and Tencent provides technology and capabilities. So Weibo invoices are blockchain invoices.
The so-called blockchain invoice is a type of electronic invoice issued using blockchain technology. It is very different from traditional invoices. The traditional invoices we usually use, whether paper or electronic, require the company to purchase relevant royalty control equipment or entrust other third parties to issue invoices.
⑨ Why is the blockchain so popular?
Why is the blockchain so popular
In early February this year, the Weibo account "Sina Finance" posted this post: A young man from Hangzhou went on a blind date online, but no girl talked to him for more than a month. Later, he added a "blockchain engineer" label to himself and received more than 200 private messages in a few days.
As the most popular industry nowadays, news about recruiting blockchain talents with an annual salary of one million makes headlines from time to time.The blockchain industry is becoming a new blue ocean in the job market.
Blockchain talent is in short supply
Blockchain technology is a product of Bitcoin. In 2008, the founder of Bitcoin, who calls himself Satoshi Nakamoto, proposed the concept of "blockchain". By 2015, this underlying technology of Bitcoin has become the new favorite in the global financial and technology industries, and the demand for relevant talents has also increased. Then it increased dramatically.
U.S. Bloomberg quoted data from the professional social networking site "LinkedIn" as saying that job postings related to blockchain, cryptocurrency and Bitcoin increased at least four times in 2017; on CoinDesk, one of the largest employment websites in the United States , 15 of the 18 most popular industry positions are related to cryptocurrency. Data from the website shows that the number of blockchain technology jobs posted in the United States in 2017 increased by 207% compared with the same period in 2016, and by 631% compared with the same period in 2015. On China's mainstream Internet recruitment apps, there are thousands of recruitment information in the blockchain industry.
Corresponding to the rapid expansion of scale, there is a serious shortage of professional talents. Since blockchain has just become popular for two or three years, schools and educational institutions have not caught up, and relevant courses are rare. In addition, blockchain is an interdisciplinary industry that places equal emphasis on knowledge and experience, which poses greater challenges to talent training. challenges.
There are two main types of companies hungry for blockchain talent: well-established technology companies and ambitious startups. Bloomberg quoted Griffith Hill, chief recruiter of a blockchain talent team, as saying that the technology software industry and the financial services industry are the two fields with the largest number of blockchain jobs posted on LinkedIn.
Almost all Internet companies are recruiting blockchain front-end architects and blockchain development engineers, including eBay, ESPN and Uber in the United States, and Tencent, Xiaomi, Xunlei, Lenovo, JD.com in China... According to the 2017 Fintech 100 Companies 2018 According to a report released in March 2017, half of the top ten blockchain recruiters in the world in 2017 were Chinese companies, with Ant Financial, Zhongan Technology and Qudian taking the top three spots. Internet finance, computer software, and enterprise services have the strongest demand, accounting for more than 50% of the total.
Traditional companies are also vigorously recruiting blockchain talents to improve their own efficiency or better serve customers. Data from CoinDesk shows that large consulting firms such as Deloitte and IBM are the largest employers in the industry. Deloitte has hired more than 800 people in the blockchain field. IBM is also actively looking for relevant talents. In 2017, the company's number of employees in the blockchain field increased from 400 to 1,600, and it has launched more than 400 blockchain projects, and there are still more than 150 blockchain-related job vacancies.
The geographical distribution of blockchain jobs is closely related to economic level. The American "Forbes" magazine website announced the top 15 blockchain employment cities in the United States in February 2018. New York ranked first, with a job gap of 1,316; followed by San Francisco, Boston, Chicago, etc.Outside the United States, there are 423 vacancies in London, 357 in Singapore, 149 in Toronto and 97 in Sydney. In China, according to statistics from Huxiu.com in February 2018, "Beijing, Shenzhen, Hangzhou and Guangzhou" account for more than 80% of blockchain-related positions in China, of which Beijing ranks first with 44.2%.
The threshold for core positions is high
Blockchain talents are not necessarily “coders”. Of the 800 newly recruited blockchain talents by Deloitte, half are developers or architects, and the other half are business analysts, strategy and technology consultants, accountants, etc. Specifically, recruitment in the blockchain industry mainly includes technology, project, operation, and logistics categories.
Of course, technical positions are the most urgently needed. According to statistics from Huxiu.com in February 2018, R&D positions accounted for 49.34%, followed by operations, marketing, and researchers. Technicians need to be able to build applications on top of the core platform and, ideally, independently develop cryptocurrency platforms such as Bitcoin and Ethereum. To this end, they need to master at least one or more languages such as C, C++, C#, Java, Go, etc., have a deep understanding of the underlying technology of the blockchain, understand various mainstream consensus algorithms, and also understand economic principles, monetary theory, etc. . If you want to do blockchain development, the threshold is really not low.
In comparison, the threshold for the other three types of talents is lower and they do not need to have too much industry background. They only require a clear understanding of blockchain knowledge based on their own expertise. If you know some financial knowledge and can perform data analysis, it will be the icing on the cake. From an educational point of view, a master's degree is a necessary stepping stone.
For the blockchain industry, compound talents are undoubtedly the most popular. Therefore, talents who master C++ and Go, and are proficient in cryptography and distributed computing are the most popular at the moment. Most companies will form teams of people with different expertise to make up for their respective shortcomings and gradually learn and grow during the project implementation process.
The blockchain industry is developing extremely rapidly, and one needs to have very strong curiosity and the ability to learn quickly to keep up with the pace of blockchain development. Therefore, youth is the biggest bargaining chip. Talents who have been in the industry for 1 to 3 years are the most sought-after at the moment. This is because this period of time allows a person to accumulate enough experience in blockchain development without being worth so much that employers will be discouraged.
Of course, top talent is always scarce. People who can independently develop cryptocurrency platforms such as Bitcoin and Ethereum are being chased around the world. Some people think that there will be no more than 2,000 such "big names", and some even think that there will be no more than 200 people. The difficulty of this kind of work is equivalent to writing code from scratch to create an operating system that can compete with Android or iOS. What most technicians can do is equivalent to developing apps on the operating system.
Some people make a million dollars a year, and some people make a bottom dollar
Can blockchain practitioners really make "a million dollars a year"? This is indeed true according to data from mainstream recruitment websites. For example, Suning.com offered RMB 50,000 to RMB 10,000 for “senior blockchain developer”With a monthly salary of 00,000 yuan, the monthly salary given by Keda to the "Blockchain R&D Director" also reaches 85,000 to 100,000 yuan. However, Alibaba Health's monthly salary for "blockchain technology experts" is 15,000 to 30,000 yuan, and the "blockchain technology evaluation" position at China Academy of Information and Communications Technology is 10,000 to 20,000 yuan.
It can be seen that salaries in the blockchain industry are also polarized, and the differences are huge. The annual salary of core technical personnel generally starts at 150,000 yuan, and senior "big bulls" can indeed earn more than one million yuan per year, and also enjoy equity or option awards; the income of product, media or administrative personnel is not much different from that of other industries. According to Bloomberg, the market The salary level of marketing positions is at the bottom of the entire blockchain industry, with an average annual salary of only US$63,000, compared with RMB60,000 to RMB120,000 in China.
According to statistics from Huxiu.com, positions with a salary of 120,000 yuan/year account for about 18.6% of the total R&D positions, positions with a salary of 180,000 to 240,000 yuan/year account for about 36.2%, and the remaining 47.8% are distributed Within different salary ranges. Salaries vary greatly between regions. The average annual income of blockchain practitioners in places such as Shanghai and Beijing is about 200,000 yuan, while in Guangdong, Zhejiang, Fujian and other places it is about 160,000 yuan.
Be careful when facing the trend
The current explosive growth of the blockchain industry is mainly due to the intensive influx of capital, which is inevitably reminiscent of the Internet bubble from 1998 to 2000: after the capital carnival, most companies Finally left sadly. The main growth in blockchain jobs comes from the mushrooming of start-up companies. These companies are inevitably good and bad, and many of them use asymmetric information and over-package "empty-glove white wolves".
According to the technology and economic media "Titanium Media", there are currently many recruitment "routines" for domestic blockchain companies. Many companies use "financial freedom" to attract job seekers, promising to reward employees with stock options after financing is in place, and even allow employees to join as "partners." But the actual situation may not be like this - no salary will be paid in the first three months of joining, the actual office area is only 15 square meters, the team only has two or three people, and there are no system regulations and constraints. As for the work content, it is to "plan two to three product promotion plans every day." The "product" is actually the company's own "digital currency". The purpose is to attract retail investors and institutions to subscribe as much as possible. When the number of buyers reaches a certain number Then "encircling" capital institutions to invest is quite a scam.
Titanium Media stated that there are currently countless blockchain companies stationed in incubators in various places, and most of them have not yet received financing, and some even lack corresponding financial support; employees are often fresh graduates and those with relatively high qualifications. The shallow ones are the main ones, and they only talk about "ideals" but not about money; some companies "scam the money and then run away." "These blockchain companies may look prosperous, but in fact they may be very poor, just waiting to use white papers to cut leeks." Faced with the full screen on the recruitment app, "The company's CEO and partners personally lead the team, the team is top-notch, and the atmosphere is good. Over 100 million users, sufficient funds, unlimited development space, option incentives, five insurances and one housing fund, no punching in..." and other slogans, job seekers should remain cautious and calm.
The current "high salary" image of blockchain is partly due to the explosive growth of the industry and the shortage of talents. As the overall economic situation slows down, In the context of the economy, it is understandable to seize rare development opportunities and pursue higher salaries, but the risks of diving into emerging fields that most people are unfamiliar with cannot be ignored. When the industry further develops and matures, the relevant talent training mechanisms will also gradually Perfect, more professionals will enter the market in the future. If you don't pay attention to improving your own strength and follow the trend blindly, then "annual salary of one million" may be just a myth under the bubble after all.
⑩ What exactly is blockchain? How do ordinary people make money in the blockchain?
The popularity of blockchain has caught the masses off guard. Nowadays, no one knows about blockchain, but many people do not have a clear definition of blockchain. Cognition.
So, what exactly is blockchain?
For blockchain and Bitcoin, most people have this misunderstanding: Bitcoin is a block Chain.
In fact, Bitcoin and blockchain are not the same thing. Blockchain is the underlying technology of Bitcoin, but the first usage scenario after the birth of blockchain is Bitcoin Coin.
I will explain to you what Bitcoin is and what blockchain is. Please hurry up and move your bench!
What is Bitcoin? Coin?
Bitcoin is a digital currency, a peer-to-peer encrypted digital currency. It is not a tangible paper currency such as RMB or US dollars. It is generated by computers through specific mathematical calculations. Produced and stored in computers.
Because Bitcoin is just a string of data in a computer, it is also called a "virtual currency" compared to paper currency. To put it simply, you It can be understood that Bitcoin is just a string of numbers with cash value, similar to Q coins. In other words, Bitcoin has no actual value. Its current value is supported by the beliefs of currency speculators. If the belief is not there, The value of Bitcoin will collapse.
Bitcoin is magical, what is its magic?
If you want to get Bitcoin, in addition to buying it, you can also mine it. The original Bitcoin was mined!
1) Mining
The first thing that comes to many people’s minds is the image of a coal mine:
Mines, absenteeism, dust, black coal, large trucks.
Bitcoin mines are not like this. They only need electricity, network cables, and computers. But mining this mine is a technical job. The test is the computer's CPU and GPU performance.
2) Transaction
BitcoinHow does the transaction proceed?
Each user has a unique address, which is the Bitcoin "wallet". For every transaction, for example: A pays B a Bitcoin, a Weibo post will be posted publicly in the system saying: "I gave B a Bitcoin @B". These records will be kept as evidence at every terminal of the system. on the chain.
If A wants to go back on his word and tamper with Bitcoin’s transaction history, then every terminal record on the network must be modified. However, this is not easy, because only A whose computing power exceeds the sum of the computing power of all nodes in the system can tamper with transaction records. Obviously, this is unrealistic.
In the transaction process, Bitcoin uses a decentralized accounting method, which is also blockchain technology. Simply put, blockchain is a decentralized distributed ledger database.
What is blockchain?
The blockchain was created along with Bitcoin. During the formation of Bitcoin, blocks were storage units one by one, recording the communication information of each block node. Blocks are very similar to For database records, every time data is written, a block is created. With the expansion of information exchange, one block continues with another, and the result is called a blockchain.
Blockchain is a distributed ledger technology. Everyone participates in accounting, and everyone has a copy of the ledger information. This account book is not easy to forge and is traceable.
For example:
On a certain day of a certain year, Lao Wang lent Xiao Wang 10,000 yuan. Lao Wang told everyone around him the news , the transfer records were posted on WeChat Moments, and everyone helped them testify to the existence of this transaction.
Lao Wang and Xiao Wang are two nodes. These two nodes generate transaction time, location, person and other information, and they are packaged to form a "block". Lao Wang’s friends are also nodes. These nodes jointly record the transaction status and details (blocks) of the two nodes Lao Wang and Xiao Wang. These blocks are connected to form a chain, forming a decentralized database.
In the past, only both parties knew when Lao Wang and Xiao Wang borrowed money. This was the centralized accounting model. But now everyone knows it and records it in their own ledgers. This is the decentralized accounting model. model.
When one day, Xiao Wang regrets that he did not borrow the money, everyone around him will know their transaction information, so Xiao Wang will not be able to deny it. This is the blockchain Information sharing cannot be tampered with.
How do ordinary people make money by participating in the blockchain?
I have summarized several methods suitable for ordinary people to make money during the blockchain bonus period.
1. Direct investment in blockchain:Buy coins or buy some blockchain stocks, but the currency circle is risky, so you must be cautious when buying, and there are many blockchain stocks now, but the stock market is risky, so you need to be cautious when investing.
2. Make blockchain self-media: run a WeChat public account or Toutiao account, write articles about blockchain and publish them on it. If you are good, you can also get some good profits.
3. Participate in technology development: In fact, it is very simple, it is to participate in the process of blockchain development. However, this method requires high technical threshold.
4. Blockchain training: Companies that can provide blockchain technology training or knowledge training.
That’s all the relevant knowledge about what blockchain is, I hope it can bring you some help.
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