区块链信仰者狂涛席卷

1. How innocent is the blockchain, it cannot escape the control of capital and public opinion

The "cutting leeks" remarks are all over the Internet, which is the most unconventional thing on the Internet. A word for humanity.

This matter has been talked about the most on the blockchain issue, but it is a scene where moths fly to the flame. Even virtual wealth is tempting enough. Use leeks. There is no better way to describe those desperate gold diggers. One after another, there is never a shortage of speculators on the Internet, which cannot but be said to be a tragedy.

Blockchain has not yet affected our lives, but it has challenged our minds. The moment blockchain was transferred to China, it was destined to be assimilated. We may have forgotten the original intention of Satoshi Nakamoto. Blockchain technology is subversive. If we look at it from a technical perspective Conduct careful research and believe that the future of the Internet will show a different picture.

However, for most investors, this is an opportunity to harvest wealth with a "certain future vision" as a project. Technology is not important to them and is a "trend" It is the most powerful word for gathering wealth, so that people in the center of the blockchain may not know exactly what the blockchain is, and how it can be presented and promote the progress of the entire Internet.

This is a gambling game that has taken the Internet by storm, and only in a situation like China's can it mobilize all the people to participate openly. The root cause is that our desire for wealth in this era has already crossed the moral bottom line.

Li Xiaolai’s audio-to-text version of the conversation is circulating on the Internet. We don’t need to use “mixed praise” to make any comments about this person, but at least one thing is clear. Almost no one can read it. Understand how blockchain should develop forward. The bustling investment trend is just a game of capital competition and has nothing to do with technology serving the public.

No one will believe that the money collected from private pockets through "cutting leeks" will actually be used to contribute to the development and progress of the Internet.

As "leeks", the Internet Nuggets team is not without self-awareness, but the feast of wealth has made them more lucky, and they even have the vision of turning around and "cutting leeks" in the future. In fact, it will only get deeper and deeper. We are no strangers to the "sunk cost" effect, but some things don't seem so rational when it comes to us.

However, the storm field is not formed by one or two forces alone, and it must be accompanied by spread. From ancient times to the present, the prevalence of any trend has never been withoutIn order to determine whether an industry has the potential to leverage wealth, it depends on whether a smooth media chain has been formed in the industry.

The media is a powerful tool for building momentum for blockchain, and investors’ investment in the media can tell the story. ChainDD, Daily Blockchain, Golden Finance... various platforms have more or less opened up blockchain sections, and the speed and amount of financing valuations have refreshed our understanding time and time again.

This is the power of capital. It is useless to use the traditional media’s free discourse power to examine blockchain media. The commercial media’s discourse power is in the hands of investors. It is not so much the media as it is the media. It is more appropriate to use the "blockchain strategy marketing window", which is the channel for releasing central information and the main source for "leeks" to obtain information.

In fact, new Internet technologies are so innocent. Whenever they show signs of being profitable, they will become a tool for speculation or even fraud under the dual control of public opinion and capital.

The blockchain is like this, and the next one may not be able to escape.

2. Baidu Finance’s layout and ambitions in blockchain

But having these professional abilities is not enough. Xiao Wei feels that another “3 condition".

"First, your language must be C++ or GO; second, you have some understanding of distributed computing, cryptography and P2P network programming; third, we hope you have some knowledge of economics The principles are understood.”

Why do we need economic principles?

“In addition to technology, Bitcoin also has an economic game theory problem.” Xiao Wei said that the cost of doing evil is constantly increased and the rewards for workload are increased, thereby restraining evil through economics. , inspire good.

This is probably a classic case in game theory.

“So, in addition to technology, blockchain network design also requires an understanding of economic principles. We call it ecological construction.” Xiao Wei said.

03 Blockchain Belief

In 2017, Xiao Wei officially came into contact with the blockchain and immediately became a believer.

“Just like you can’t ask Christians whether God exists, it’s difficult to answer why they believe in blockchain.” Xiao Wei said, “My understanding of faith is that when you encounter setbacks, When encountering any challenges, I firmly believe that they can be overcome."

Especially in the nascent stage of blockchain, technology exploration will definitely encounter many challenges, "resources, implementation, technology and supervision. It’s difficult, but as long as you firmly believe that ‘this is good’, you can persevere,” Xiao Wei said.

Xiao Wei firmly believes that blockchain technology will be helpful to future society.

He has several judgments.

First, blockchain technology will not become obsolete immediately. It will have "golden and silver decades".

"2018~2028 is a good opportunity for the blockchain industry. "Xiao Wei believes that, like the Internet in 2000 and the mobile era in 2008, there may be a golden period of vigorous development: the level of talent increases and the company's market value increases.

"So our suggestion is, If you miss mobile and AI, don’t miss blockchain. Xiao Wei would suggest programmers to work on the blockchain, "My positioning for the current team is that in three years, the minimum annual salary will be one million." ”

Secondly, there is indeed a serious bubble in the current blockchain field, just like the Internet back then.

There was a very strange phenomenon in 1999, that is, changing the domain name, as long as the company domain name If you change it to ".COM" or "**Online", the stock will rise.

This wave of name changes has also been perfectly copied to the blockchain field. A-share listed companies have established "blockchain Chain Lab", the stock price rose in response; the American soft drink company "Long Island Iced Tea" announced that it would be renamed "Long Blockchain", and the stock price soared 500%.

Therefore, there is a certain bubble in the blockchain industry. It’s understandable.

Third, blockchain technology and Internet technology are equivalent.

What is the relationship between blockchain and the Internet?

“The Internet is a way to obtain information, and blockchain is a way to value trust. "Xiao Wei believes that the biggest change in blockchain is the improvement of efficiency.

This efficiency is not technical performance, but enterprise efficiency.

For example, in the past, point-to-point In consumption, because both parties cannot trust each other, there are so many intermediate links, and the purpose is to "increase trust."

If peer-to-peer trust can be directly gained, the entire business model will undergo tremendous changes.

“The biggest change of blockchain is to solve the trust problem and make your trust extremely simple. The entire intermediate link is constantly being compressed. ” Xiao Wei believes.

The subversive power of blockchain was born here.

On the one hand, blockchain brings efficiency improvements and promotes the development of the entire industry. Change.

Speed-up is very important for the entire enterprise. In the past, it might take ten days to standardize a business line project, but with the addition of blockchain, the time for trust communication and collaboration is greatly reduced.

Xiao Wei gave the example of high-speed rail: the speed of high-speed rail has increased from 80km/h to 300km/h, and Zhejiang Province has begun to establish a "one-hour economic circle." "If it is faster, it can even affect housing prices. Isn't this subversive?" .

On the other hand, in the new business ecosystem under the blockchain, the impact of brand will be very large.

“Brand is to a large extent an endorsement of quality,” Xiao Wei believes that “the emergence of blockchain can make it possible to remove the brand and still ensure quality. ”

This is also the core competitiveness of new retail and new manufacturing.

For example, when we buy a certain brand of gold jewelry, what we value is actually the craftsmanship behind the brand. IfIf you can directly establish "trust" with the gold shop and craftsman behind it, you no longer need this brand as an endorsement.

“When the entire trust changes, the entire production relationship changes.” Xiao Wei believes.

"Marx said that productivity determines production relations, but now that productivity has become richer, what we need more is not the improvement of productivity, but the redistribution of production relations." Xiao Wei believes that "there is only the ceiling of production relations Only by 'arching upward' can productivity continue to move forward."

"And every reallocation of resources brought about by changes in production relations is an opportunity to make wealth, and some people will definitely rise up. Someone fell." Xiao Wei said that this is also the fundamental reason why the currency circle is so crazy.

However, Xiao Wei does not believe that blockchain can replace the "classical Internet".

"Classical is not necessarily worse than modern. This is true for classical music and classical economics. In many technical fields, classical, modern and postmodern are in a parallel relationship."

"The reason why words like 'classical Internet' appear is because many people in the blockchain circle do not understand what blockchain is and why blockchain can change the world." Xiao Wei believes.

As a centralized "giant", will the network be subverted by blockchain?

Xiao Wei believes that the Internet will not be subverted.

“Search is different from business, and it is also different from brands. The most important thing about search is that it is easy to use, and there is no need for brand endorsement.”

“The Internet is in BATJ. It is the one least likely to be subverted by the blockchain." Xiao Wei said.

3. What exactly is blockchain

Let’s talk about some basic concepts first.

The network said that blockchain is a new usage model of computer technologies such as distributed data storage, point-to-point transmission, consensus mechanisms, and encryption algorithms. It is essentially a decentralized database, and as the underlying technology of Bitcoin, it is a series of data blocks generated by cryptography.

We try to translate "what is blockchain" into "human language".

The definition refers to the "decentralized database" nature of blockchain3354. This is very different from the traditional "centralized database" in storage, update and operation.

A centralized database can be thought of as having this shape:

For example, if I want to use Alipay to pay a Taobao seller, all data requests from when I make money to when he receives the money will be centrally processed by Alipay. The advantage of this data structure is that as long as Alipay is responsible for the efficient and safe operation of the system, others can unconditionally believe it without worrying; the disadvantage is that if there is a problem with Alipay, such as being hacked, the server being burned, a traitor appearing, and the company running away (Of course, the possibility of the above is extremely low), the balance details and other information in our Alipay will be confused.

Then some people think that this kind of low-probability event can use any technical means to avoid individual risks, and not only hand over the data to a centralized organization. For example, everyone can store and process data.

The database structure may be as followsShown:

This picture is a schematic structural diagram of a "distributed database". Each point is a server, they all have equal rights to record and calculate data, and information is spread point-to-point. At first glance, it seems that it can indeed resist the risk caused by the crash of a certain node, but it is also very confusing and inefficient intuitively. Who will handle my information, and who has the final say on the outcome?

At this time, the "consensus mechanism" in the definition of blockchain comes into play. The consensus mechanism mainly "stipulates" the following things: who will process a data request (what qualifications are required); who will verify the results (to see if he has handled it well); how to prevent processors and verifiers from colluding with each other, etc.

Some people may like to be questioned when a "rule" is made. In order to form a stronger consensus, in addition to making the rules more reasonable, they must also be more attractive so that people are interested and motivated to participate in data processing. This involves the incentive mechanism of the public chain. We will start again later when we discuss the classification of blockchain and the role of digital currencies.

When we hand over a transaction to a distributed network, there is also a "psychological threshold": there are so many nodes that can process information, and I don't know any of them (unlike Alipay, if it hurts me, I can go and file a lawsuit against it). They all have my data, why should I trust them?

At this time, encryption algorithm (the last descriptive word in the definition of blockchain) comes on stage.

In the blockchain network, the data requests we send will be encrypted according to cryptographic principles into a string of characters that the recipient cannot understand at all. Behind this encryption method is the support of a hash algorithm.

Hash algorithms can quickly convert any type of data into hash values. This change is one-way irreversible, deterministic, random, and anti-collision. Because of these characteristics, the person handling my data request could record the information for me, but they had no idea who I was or what I was doing.

So far, the working principle of the decentralized network has been introduced. But we seem to have overlooked one detail. The previous diagram is a net. Where are the pulleys and chains? Why do we call it blockchain?

To understand this matter, we need to clarify a few knowledge points first:

The previous picture is actually a "macro" database perspective, showing the basic rules and processes of the blockchain system for processing information. . And specifically at the "micro" data log level, we will find that the ledger is packaged, compressed, stored in blocks, and strung together in chronological order to form a "chain structure", like this:

Figure Each ring in can be regarded as a building block, and many links are linked together to form a blockchain. Blocks store data, unlike ordinary data storage: on a blockchain, the data in a later block contains the data in the previous block.

In order to academically explain the fields of each part of the data in the block, we tried to use a book metaphor to describe what a blockchain data structure is.

Usually, when we read a book, we read the first page, then the second and third pages. The spine is a physical existence that fixes the order of each page. Right nowEven if the book is scattered, it is possible to determine the order of each numbered page.

Inside the blockchain, each block is labeled with a page number, the second page contains the first page's content, the third page's content contains the first and second page's content. The tenth page contains the previous Nine pages of content.

It is such a nested chain that can be traced back to the original data.

This brings up an important attribute of blockchain: traceability.

When the data in the blockchain needs to be updated, that is when new blocks are generated in sequence, the "consensus algorithm" comes into play again. This algorithm stipulates that a new block can only be formed if it is recognized by more than 51% of the nodes in the entire network. To put it bluntly, it is a matter of voting, and it can be elected if more than half of the people agree. This makes the data on the blockchain difficult to tamper with. If I were to force a change, there would be too many people to bribe and the cost would be too high to be worth it.

This is what people often call the "non-tamperable" feature of blockchain.

Another reason why blockchain gives people a sense of trust is because of "smart contracts."

Smart contracts are commitment agreements defined and automatically executed by computer programs. It is a set of transaction rules executed by code, similar to the current automatic repayment function of credit cards. If you turn on this function, you don’t have to worry about anything. The bank will automatically deduct the money you owe when it is due.

When your friend borrows money from you but doesn't remember to pay it back, or makes excuses not to pay it back, smart contracts can prevent breach of contract. Once the terms in the contract are triggered, such as when it is time to repay the money, or there is a limit in his account, the code will automatically execute, and the money he owes you will be automatically transferred back whether he wants it or not.

Let’s briefly summarize. Blockchain technology is mainly decentralized, difficult to tamper with, and traceable, which represents more security and trustlessness. But it also brings new problems: redundancy and inefficiency, which requires many nodes to agree with the rules and actively participate.

This concludes the "drying" section. Next, let’s talk about unofficial history and the official history of blockchain.

A new technology is often used to serve a certain task.

Or goals. So where was blockchain first used, and who came up with it first?

Let's go back to 2008.

On September 21, Wall Street investment banks collapsed one after another, and the Federal Reserve announced that it would convert the only two remaining investment banks (Goldman Sachs Group and Morgan Stanley) into commercial banks; it hoped to survive the financial crisis by absorbing savings. On October 3, the Bush administration signed a $700 billion financial rescue package.

Twenty-eight days later, on November 1, 2008, a new post appeared in a cryptography mailing group: "I am developing a new electronic currency system that is completely peer-to-peer and does not require a third party. Three-party trust institution." The text of the post is a paper titled "Bitcoin: A Peer-to-Peer Electronic Cash System", signed by Satoshi Nakamoto.

The paper explains the design of this peer-to-peer electronic cash system with a more rigorous logic. First,It discusses the problem that financial institutions are subject to "trust based" (based on credit), and then explains step by step how to achieve "no need for third-party institutions" and cleverly solve the technical problems left by the predecessors.

Two months later, Satoshi Nakamoto released the first version of the open source Bitcoin client and mined 50 Bitcoins for the first time. The block that generated the first batch of Bitcoins is called the "Genesis block". The genesis block was compiled into block 0 and was not uploaded to the chain. It took Satoshi Nakamoto 6 days to mine this block. This also sparked discussion in the bitcointalk forum. Bitcoin "believers" thought of the Bible, "God created the heavens and the earth in six days, and then rested on the seventh day."

Although concepts such as decentralized, token, and economy did not appear in the paper, Satoshi Nakamoto explained in detail the role of blocks and chains in the network. working principle. So, there is Block Chain.

This paper later became the "Bible" of the "Bit Cult", technology became the cornerstone of faith, and developer documentation became the "Code of Hammurabi".

After that, Bitcoin realized the first real-life payment by exchanging pizza, WikiLeaks, whose account was blocked by the US government, miraculously survived by relying on Bitcoin, Satoshi Nakamoto's "decentralization" and retirement, and the appearance of the real and the fake A series of legends such as and refutation of rumors, combined with the expectations, imagination and speculation of later generations, became "Bible stories".

There are also people who are not satisfied with the world described in the "Old Testament" and start new sects, write the doctrines into white papers, and tell the story of their faith in the ten years after Bitcoin. Just like the writing of the 66 books of the Bible spanned 1,500 years, and after 2,000 years of interpretation, Christianity has divided into 33,000 branches.

CoinMarketCap shows that there are more than 4,900 types of digital currencies, and the overall digital currency market size is nearly 140 million yuan. Bitcoin still leads the entire digital currency market with a market share of 66%, and the recent price has been hovering around US$7,200 per coin.

So many currencies have different functions and are divided into different categories: digital currencies represented by Bitcoin are positioned as "digital gold" and have certain value storage and hedging characteristics; Ethereum The digital currency represented by Bitcoin has become the "operational fuel" in its network system; the stable currency represented by USDT and Libra has good payment properties due to its low volatility; the digital currency issued by the central bank represented by DCEP will definitely To a certain extent, it replaces M0, allowing commercial institutions and ordinary people to receive and pay without delay when they are out of cash and disconnected from the Internet.

It can be seen that after 10 years of development of blockchain technology, the first and largest application is digital currency.

Digital currency has also become an attractive reward for participants to maintain the public chain.

So besides digital currency, where else can blockchain technology be used?

Let us recall what a district isThe essence of the blockchain - a decentralized database, and its corresponding characteristics: traceability, publicity, anonymity, and tamper-proof. In theory, you can try to use blockchain to transform traditional scenarios that use centralized databases to see if they are suitable.

Next, let’s talk about several industries and scenarios where blockchain has been successfully implemented:

Blockchain can prove the existence of a certain file or digital content at a specific time through hash timestamps, providing judicial authentication, Identity proof, property rights protection, anti-counterfeiting traceability, etc. provide perfect solutions

In the field of anti-counterfeiting traceability, blockchain technology can be widely used in various fields such as food and medicine, agricultural products, alcohol, and luxury goods through supply chain tracking.

Give two examples.

Blockchain can allow government data to be run, greatly streamlining service processes

The distributed technology of blockchain can allow government departments to be centralized on one chain, and all service processes are delivered to smart contracts, and the workers only need to be in one department Through identity authentication and electronic signature, smart contracts can be automatically processed and transferred, and all subsequent approvals and signatures can be completed in sequence.

Blockchain invoices are the earliest use of blockchain technology in China. The tax department launched the "Tax Chain" platform for blockchain electronic invoices. The tax department, the issuer, and the payee join the "Tax Chain" network through unique digital identities, truly realizing "instant invoicing for transactions" and "instant reimbursement after invoicing" - in seconds Level invoicing and minute-level reimbursement accounting significantly reduce tax collection and management costs, and effectively solve problems such as data tampering, over-reporting of one ticket, and tax evasion.

Poverty alleviation is another practical application of blockchain technology. Utilize the characteristics of openness, transparency, traceability, and non-tampering of blockchain technology to achieve transparent use, precise investment, and efficient management of poverty alleviation funds.

Give two examples as well.

The eID network identity operation agency guided by the Third Research Institute of the Ministry of Public Security is jointly developing a "digital identity chain" with Gongyilian, which will be issued to Chinese citizens based on the citizen's identity number as the root and cryptographic algorithm. Since it was put into operation, the eID digital identity system has served the full life cycle management of 100 million eIDs, effectively alleviating the problems of personal identity information being fraudulently used, abused and privacy leaked.

Odaily Planet Daily compiled 5 identity chain projects registered with the Cyberspace Administration of China

Blockchain technology naturally has financial attributes

In terms of payment and settlement, under the blockchain distributed ledger system, there are many markets Participants jointly maintain and synchronize a "general ledger" in real time. In just a few minutes, they can complete payment, clearing, and settlement tasks that currently take two or three days to complete, reducing the complexity and cost of cross-bank and cross-border transactions. At the same time, the underlying encryption technology of the blockchain ensures that participants cannot tamper with the ledger, ensuring that transaction records are transparent and safe. Regulators can easily track transactions on the chain and quickly locate high-risk capital flows.

In terms of securities issuance transactions, the traditional stock issuance process is long, costly and complicated. Blockchain technology can weaken the role of underwriting institutions and help all parties establish a fast and accurate information exchange and sharing channel. The issuer can handle the issuance on its own through smart contracts. , regulatory authoritiesOnce reviewed and verified, investors can also bypass intermediaries and conduct direct operations.

In terms of digital bills and supply chain finance, blockchain technology can effectively solve the financing difficulties of small and medium-sized enterprises. It is difficult for current supply chain finance to benefit small and medium-sized enterprises in the upper reaches of the industrial chain, because they often do not have direct trade relations with core enterprises, and it is difficult for financial institutions to evaluate their credit qualifications. Based on blockchain technology, we can establish a consortium chain network covering core enterprises, upstream and downstream suppliers, financial institutions, etc. The core enterprises issue accounts receivable vouchers to their suppliers. After the bills are digitized and uploaded to the chain, they can be uploaded to the supplier Transfer between them, each level of supplier can realize the corresponding amount of financing with the digital bill certificate.

Give me an example.

The China Enterprise Cloud Chain, jointly launched by ICBC, Postal Savings Bank of China, 11 central enterprises, etc., has covered 48,000 companies since its establishment in 2017, with the amount of rights confirmed on the chain reaching 100 billion yuan, and factoring financing of 57 billion yuan. , cumulative transactions reached 300 billion yuan. After receiving the loan application, financial institutions can verify the authenticity of the contract on the chain and whether the contract has been verified multiple times (multiple loans); the smart contract automatically clears and settles, reducing costs and increasing efficiency; at the same time, the accounts payable of core enterprises can have The corresponding vouchers will be split by the first-level suppliers and handed over to the second- and third-level suppliers in the chain to help them with financing; core enterprises can also use this to understand whether the entire chain is operating normally and avoid emergencies. Redemption pressure.

Blockchain technology will greatly optimize the existing use of big data and play a huge role in data circulation and sharing

The aforementioned areas are areas that we are relatively familiar with. As more new technologies develop, blockchain may be able to be combined with them and play a role in unexpected cross-fields and new scenarios that are currently unforeseen.

In the future, the Internet, artificial intelligence, and the Internet of Things will generate massive amounts of data. The existing centralized data storage (computing model) will face huge challenges. Edge storage (computing) based on blockchain technology is expected to become a future solution. Furthermore, the non-tampering and traceability mechanism of blockchain ensures the authenticity and high quality of data, which becomes the basis for the use of all data such as big data, deep learning, and artificial intelligence.

Finally, blockchain can realize multi-party collaborative data calculations while protecting data privacy, and is expected to solve the problems of "data monopoly" and "data islands" and realize the value of data circulation.

In response to the current blockchain development stage, in order to meet the blockchain development and use needs of general business users, many traditional cloud service providers have begun to deploy their own BaaS ("Blockchain as a Service") solutions. The combination of blockchain and cloud computing will effectively reduce enterprise blockchain deployment costs and promote the implementation of blockchain usage scenarios. In the future, blockchain technology will also play an important role in many fields such as charity, insurance, energy, logistics, and the Internet of Things.

During this trial process from traditional technology to blockchain, we found that when certain scenarios have stronger demands for traceability, tamper-proofing, and decentralization, they also have problems with the weaknesses of blockchain (such as performance). , the requirements are not high, and this field is quite suitable for combining blockchain.

Same asAt the same time, in the process of blockchain evolution, it has also developed from a highly decentralized public chain that is accessible to everyone to a consortium chain with different permissions and maintained by multiple centers, which balances the two to a certain extent. advantages and disadvantages of this system.

Typical examples of alliance chains include: FISCO BCOS jointly developed by WeBank and the Golden Alliance Open Source Working Group, Fabric, a major contribution from IBM, and Ant Alliance Chain led by Ant Blockchain, etc.

These trustless systems represent more secure data authentication and storage mechanisms, where data is effectively authenticated and protected. Businesses or individuals can exchange or enter into contracts digitally, where these contracts are embedded in code and stored in transparent, shared databases where they cannot be deleted, tampered with, or revised.

It is boldly predicted that in the future, contracts, audits, tasks, and payments will all be digitized with unique and secure signatures. Digital signatures will be permanently identified, authenticated, legalized, and stored, and cannot be tampered with. There is no need for an intermediary to guarantee each of your transactions. You can conduct transactions without knowing the basic information of the other party. While improving information security, it effectively reduces transaction costs and improves transaction efficiency.

Generally speaking, there has been a lot of progress in the implementation of blockchain compared to two years ago.

Many improvements are at the bottom of the system, and users cannot directly see that blockchain is used, but they have actually benefited from it; some applications are still in pilot mode, and users have not yet been able to experience it. In the future, blockchain is expected to be used on a large scale and become one of the Internet infrastructure.

I hope that after reading this, you have a general understanding of what blockchain is and what blockchain can do.

Related Q&A: What is blockchain

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 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. distributed ledger.

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 infrastructure:

Blockchain is composed of six infrastructures: data layer, network layer, consensus layer, incentive layer, contract layer and usage layer.

4. How to understand "Xu Mingxing: Blockchain cypherpunk believer"

When it comes to Xu Mingxing, everyone in the chain circle knows that he was deeply influenced by Jack Ma and chose to drop out of school and start a business. After the exploration and training of Wantuan.com and Doudin.com, the butterfly transformation from entrepreneur to entrepreneur began. As a believer in blockchain cypherpunk, Xu Mingxing founded OKCoin, the predecessor of OKCoin, and wanted to create the "Alibaba" of the blockchain world. After years of ups and downs, Ouke Cloud Chain has becomeThe world's leading blockchain technology R&D and service provider.

5. Internet + trend, artificial intelligence and big data era, where are our opportunities and where does the path lead

Out of control - the ultimate fate and outcome of all mankind.

The future is out of control and tends to be decentralized. The rise of Bitcoin confirms this prediction.

Bitcoin, as the originator of digital currency, is not only an innovative design or product, but also a disruptive social practice. It has no central bank or national credit endorsement and no centralization. The operating organization, and even the founder’s identity has not been exposed so far, but it is still running safely on the Internet to this day. With continuous upgrades and iterations under the consensus of the community, Qiao Lazao has achieved the transfer of trust and value.

The soul of the blockchain is the consensus mechanism!

The essence of consensus is the values ​​of a group of people, and the essence of value is the explicitness of values. All new things must first establish consensus and create value before they can gain space for survival and development.

The early Bitcoin evangelists relied on their faith to move forward in the dim light of the small community. Now, with the rapid growth of Bitcoin prices and the gradual implementation of blockchain technology in all walks of life, , the disruptive technological innovation of blockchain and the huge wealth effect of digital assets are increasingly becoming the consensus of more and more people.

The concept consensus of distributed, decentralized, and autonomous has been widely popularized. As a result, traditional organizational forms will gradually collapse, especially companies, and will be replaced by open ecological networks-communities. It makes us believe that community is a trend and consensus is the future!

The future is here. Although more and more people are rushing into the world of blockchain with their yearning for wealth and desire for knowledge, for such a rapidly changing and rapidly developing industry , too many people seem confused and at a loss, and are anxious and fearful about how to enter or even participate.

Blockchain still has a long way to go, and every practitioner will face one test after another. Since the mixed blockchain is a world of rivers and lakes, then a dojo is needed to eliminate false pretense.

We all come to the community by fate. This is just a place for you and me to study and practice. You will definitely find the answers you want here.

We always believe that cognition is the key to unlocking the future era. In the wave of new information, only by continuously improving self-awareness can we understand the context behind the development laws of things.

Many people believe it only after they see it, while those who are truly prophetic (just like the early Bitcoin investors) only see it because they believe it. The difference lies in the level of understanding.

Instinct and Bagan Network Technology are committed to evangelizing for blockchain and creating a learning community in the field of blockchain. Multiple branches around the world popularize the truth about blockchain every day to help more people gain insight. Industry development trends, absorb the cutting-edge information of the times, learn professional knowledge and skills, improve cognitive levels, and achieveConsensus for the blockchain value revolution. Through an open and interactive communication experience, with the help of modern media tools, combined with industry resources and channel background, a person can transform from a social individual to a community group.

When a group of people with common values ​​​​and similar cognitive levels come together, we believe that we can seize the opportunities of the development of the times in the rapid development of blockchain. And all colleagues who join our instincts at Jiamin will dig out the value that the times have bestowed upon us due to their common values ​​and improved cognition, create transcendences in time and space, and achieve freedom in life.

6. What should you pay attention to when investing in blockchain with a capital of 100,000?

Don’t rush in, why not practice with NetEase Planet first and get familiar with it? Just fill in this Mobile phone number and ID number. Some require holding the ID card to take a photo. My planet invitation code has two digits left, AA8SCJ. Please take a look first.

7. [Hall of Fame] Founder of Blockchain Pencil (ChainB) - Prince Baozou Gong

Gong Ming, also known as "Prince Baozou Gong", ICO AGE (formerly China The founder of the largest ICO platform) and 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.

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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, Baozhang was particularly excited. “It was so convenient to transfer money. It felt like sending an email for the first time.This is the future! ”

Bitcoin has opened the door to a new world, so he is very happy to do some popular science work. “At that time, there were more technical discussions abroad, and I wanted to share these ideas.” Things spread back to the country. ”

Translation & Writing

At that time, he translated a large number of foreign materials and reports about Bitcoin on Weibo.

He translated and He has written a large amount of relevant information and blockchain white papers, and participated in many books such as "Blockchain Society", "Blockchain - New Economic Blueprint", "Digital Currency", etc.

Gradually In this country, everyone is 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 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.

Website 7*24 Authoritative, comprehensive and professional blockchain information is published in real time every hour, covering all aspects of blockchain-related industry trends, company news, events and conferences, etc. The content covers blockchain companies, related venture capital opportunities, digital currencies and digital Asset-related developments and other news.

Participate in the EOS super node election

At an event, Prince Baozou Gong mainly introduced the two blockchain projects in which he participated: 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, Baobao officially announced its participation in the EOS super node election.

Why did you choose to be CYBEX and LongHash? Baozou also has its own considerations: “We hope to build a platform that can provide everyone with complete basic services. The biggest starting point for doing these projects is to hope for the healthy development of this industry. ”

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 technologyStrength, this is also an important reason why he has been paying attention to the development of BTS. In fact, what CYBEX wants to do on EOS is similar to BitShares.

For these reasons, it is expected that Baozou issued "CYBEX will bring together its deep development experience, market operation experience and rich industry resources to empower the EOS community."

8. Who introduced ipfs to China

Yang Linke, a veteran of the blockchain industry who is known as “China’s No. 1 Bitcoiner”, announced on social media that he has officially entered IPFS distribution In the field of storage, as soon as the news came out, it immediately attracted great attention from the industry.

China’s earliest blockchain industry participant founded Bitcoin China in 2011 and was also China’s first digital asset trading platform; the first to translate “Bitcoin” into “Bitcoin” people and spread it in the country; the first blockchain believer to support regulatory policies to withdraw from the market and fully recover the brand after the transfer.

As an industry veteran who has already achieved financial freedom, Yang Linke’s choice has given us a lot of inspiration, especially on the track of distributed storage. Through the vision of the blockchain boss, we can see More possibilities.

Revelation 1: In the long run, those who stick to it will still have greater dividends

Some people may ask why Yang Linke wants to start a business again after achieving financial freedom. ?

Maybe the answer lies in his experience.

In 2011, the third year after the birth of Bitcoin, Yang Linke learned about the blockchain from a friend and learned that Bitcoin had investment value. He devoted himself to it and founded Bitcoin China.

For the next two years, the platform continued to suffer losses, and it was not until 2013 that it became profitable and received US$5 million in financing. However, the tightening of supervision has put the platform into crisis. In 2015, Yang Linke left the platform but remained a shareholder. In 2017, Yang Linke acquired the shares of other shareholders and fully held the platform shares. Then in response to the policy, he shut down the platform and transformed it into a technical service platform.

9. Blockchain: The "gold shovel" in the post-Internet era

Article\Meng Yonghui

There is a very famous character in the movie "The Godfather" Lines: Great people are not born great, but show their greatness as they grow up. Contrary to this line, the blockchain is destined to have a glorious and great life from the moment it was born. Mysterious preachers, fanatical supporters, cryptic fearers...many words related to blockchain are mixed in. Suddenly, the blockchain has already transcended its own meaning.

Just as every trend comes, there will be speculators involved, and the arrival of the blockchain trend is no exception. Capital’s huge expectations for the blockchain era, entrepreneurs’ all-out investment in blockchain, and the market’s complete emphasis on blockchainThey all make this originally mysterious and slightly obscure word appear in front of people again and again, so that people forget that its "mother" has not yet been universally recognized in the real world.

There is no love without reason, and there is no hate without reason. People's love and hate for blockchain technology also reveal the complex relationship between them that is constantly being cut and confused. The popularity of the blockchain era is no accident, just as it is obvious that the city of Rome was not created in a day. When we explore the underlying reasons for the popularity of blockchain, we can always find a sudden enlightenment that makes us see the sun through the clouds. So, why is blockchain technology so popular?

Everything has a cause and effect, and the popularity of blockchain is no accident

When the tide of the Internet rushes away, in addition to leaving colorful shells on the beach at low tide, there are also The huge anticipation of the next trend among the people who picked up the shells dropped. When the stormy moment comes, people begin to look forward to picking up more shells at the next high tide.

No matter from which angle you look at it, the Internet era is an era worth remembering. In this era, people's lifestyles have changed more profoundly than in any previous era. It is foreseeable that this era is destined to become a bright spot in the vast history, leaving an indelible impression on people.

Everything great must have repercussions. The changes brought to us by Internet technology make us full of expectations for the next wave of technology. After experiencing the double baptism of the traditional Internet era and the mobile Internet, people's lives have undergone earth-shaking changes. Today's Internet has become an infrastructure like water, air, and electricity. All aspects of people's lives are connected to the Internet, and it has fundamentally subverted people's original lifestyles.

It is precisely because the Internet technology is so great that it has strengthened people’s confidence in looking for the next technology to subvert or optimize the existing lifestyle and industry logic, trying to find new developments through the blessing of new technologies. direction. The emergence of blockchain technology is like a dry land that has not rained for a long time. A spring rain awakens people's hearts.

The expectations for blockchain technology are no less than those of the Internet era. In that era, there were always many steadfast believers and practitioners. It was they who devoted themselves to the wave of Internet entrepreneurship that made the Internet The era saw the emergence of trend-setters who dared to ride the wind and waves, and truly became the winners of that era with their gorgeous and colorful dances. Whether they are Internet giants or unicorn companies, they are the huge wealth left to people in the Internet era. Perhaps it is precisely because of this that people are full of expectations for the arrival of the next wave of technology.

It’s hard to be perfect. The Internet's tentacles have not yet reached unknown areas that have opened up space for people's imagination. Although Internet technology has penetrated into every corner of people's lives, simply adding Internet technology to the industry cannot bring benefits to the industry.To change, the industry needs more in-depth technical involvement to find an entry point to subvert the original business logic. The emergence of a mysterious figure named Satoshi Nakamoto broke this silent situation. His mystery just increased mankind's huge curiosity about exploring the unknown world.

Although Internet technology has opened the key to a new life for us, after opening the door to a new life, people still need to work hard to find the true meaning of the new life. How to find the true meaning of a new life, relying solely on the Internet can no longer play a corresponding role. Blockchain is the shovel that allows people to truly find the true meaning of life. Through it, people may be able to find the life they really want.

The popularity of blockchain is just like Rome was not built in a day. The needs of the industry, the blessing of technology, the promotion of capital, and the needs of users are all the reasons for the popularity of blockchain. As people continue to deepen their research on blockchain technology, a bright picture drawn by blockchain technology may slowly unfold, and a new era will come.

Under the sky of history, what is the new era opened by blockchain?

The huge changes that the Internet era has brought to people’s lives have allowed us to see the tremendous power that the blockchain era will bring to our lives. So, what kind of era will the blockchain era usher in? What kind of life will we get in the blockchain era?

Blockchain technology will make decentralization in the Internet era truly possible. Although deintermediation in the Internet era has improved the efficiency of all walks of life, this deintermediation is about establishing a platform and a center. The current traffic giants are the inevitable result of the de-intermediation development in the Internet era. This approach of establishing a new center to achieve the effect of de-intermediation can only bring changes to the development of the industry on a relatively superficial level. This change does not count as true disintermediation; it leads to the formation of a new center.

Through blockchain technology, we can truly achieve disintermediation and decentralization, that is, our individuals have truly become individuals participating in the operation of the industry. In a sense, the advent of the blockchain era has made deintermediation possible, and may even make it possible for the Internet giants that are currently in full swing to be circumvented. Users and industry participants have truly become the core elements of industry operations, and truly seamless connection can be achieved through blockchain technology.

Blockchain technology will make many beautiful visions of the Internet era possible. As an external technology, Internet technology uses one technology to adapt to all external industries and establishes new centers one after another based on each industry. These new centers are unicorn companies in the industry or Internet traffic giants. In essence, Internet technology cannot implementchanges in the industry itself.

In the Internet era, we will try to use the Internet to bring about changes in the industry itself. However, as it develops, we find that simply adding the Internet cannot bring changes to the industry. , we must start from the technology of the industry itself to bring real changes to the development of the industry. Blockchain technology can start from within the industry and bring about internal changes in the industry by changing its own elements, thereby solving pain points and problems that cannot be solved in the Internet era with the help of blockchain technology.

In a sense, the advent of the blockchain era will fundamentally change many of the impossible pain points and problems in the Internet era. As blockchain technology becomes increasingly integrated with external industries, especially as "Blockchain+" gradually takes shape, a new era of blockchain will come.

Blockchain technology will fundamentally change the original industry logic. In the Internet era, technology plays the role of an external intervenor, and it itself does not have many applications for the industry. After entering the blockchain era, we can remix and adjust the original industry operating logic, ultimately causing fundamental changes in the industry itself.

It is worth noting that blockchain technology is changing on the basis of inheriting the legacy of the Internet. The use of blockchain technology only changes the operating logic of the crude oil industry, and its application needs to take advantage of the Internet era. One of the important reasons why technology companies represented by Tencent, Facebook, and Meitu took the lead in entering the blockchain field is that they have accumulated many advantages in the Internet era, and these advantages give them the ability to make changes.

By changing the operating logic of different industries, the blockchain era will form a new era that is truly user-centered. The common connection between users and industry elements will make the industry’s original Make changes logically and truly form a business model that conforms to the operating logic of the blockchain itself.

The advent of the blockchain era has opened up a strange and wonderful picture for us. The swarming wave of the Internet era has made the entire blockchain face a diversified development pattern. As blockchain technology develops and matures, the industry structure centered on Internet giants formed in the Internet era will be broken, and a new era of deintermediation will truly begin.

10. How to remove the fake and preserve the true in the blockchain

The era of barbaric growth is coming, which is both an opportunity and a challenge for the blockchain.
In recent years, blockchain has gradually developed into a hot topic. Especially in 2018, which has just entered, the concept of "blockchain" has appeared frequently in the business world. So what exactly is blockchain? Why is Liang Shiqiao, an entrepreneur and capitalist, so concerned?
Previously, many people believed that there was an equal relationship between blockchain and Bitcoin, but inAfter learning more about it, I found that this is a wrong idea. To put it bluntly, blockchain is a distributed ledger, and Bitcoin uses blockchain technology to improve itself.
Blockchain is a decentralized technology, just like a country. In this country, the distribution of data information and rights between people is the same, and there is no falsification of data. It is possible and impossible to lose. The two major advantages of sharing mechanism and value exchange are the power of blockchain.
Is blockchain becoming a new trend after Bitcoin?
As early as 2008, Satoshi Nakamoto published an article titled "Bitcoin: A Peer-to-Peer Electronic Cash System" on the forum. The concept of blockchain was first proposed in the article.
However, there have been constant controversies since the emergence of Bitcoin. The loudest opponents are Warren Buffett and Robert Shiller. Buffett, known as the "Stock God", made it clear that Bitcoin "will definitely not have a good outcome in the end." Of course, there are also voices of support. Wall Street tycoon Jamie Dimon believed that Bitcoin was a scam a year ago, but now he has overturned his previous view and believes that blockchain is real. Regardless of the final outcome, the development of Bitcoin has attracted more and more attention in recent years.
In 2013, Bitcoin skyrocketed 100 times from being worthless at the beginning. However, in the next two years, Bitcoin showed a sharp decline again. In 2014, it fell by no less than 70%. In 2015, it fell by more than 20% again. By 2016, Bitcoin entered an upward stage, and by 2017, it was resurrected. This roller coaster development not only brought losses to people, but also attracted more attention to the blockchain.
People love and hate Bitcoin. When Bitcoin becomes popular, as the core foundation and underlying architecture of Bitcoin, blockchain is gradually attracting people's attention. Blockchain is the key to supporting the formation of Bitcoin. The reason why Bitcoin can achieve such results is inseparable from the blockchain. Since every transaction in Bitcoin is recorded in a block-by-block ledger, this ledger is decentralized, and the blockchain serves as the "role" of the Bitcoin ledger. Bitcoin can be said to be the best application of blockchain, bar none.
Some time ago, Xue Manzi acquired this domain name, and in this transaction, Xue Manzi used Bitcoin to complete the transaction. This incident caused quite a stir in the circle. Recently, the frequency of use of Bitcoin in domain name transactions has been increasing, and what caused this phenomenon is the importance that capitalists attach to blockchain.
Previously, blockchain was only used by Bitcoin, but in recent years, as Bitcoin gradually spreads around the world, blockchain has begun to be applied in various projects, such as Ant Financial, JD.com, Internet and Tencent have gradually begun to apply blockchain technology. The authenticity and non-tampering nature of blockchain makes its application in other projects such as public welfare even more convenient. For example, Ant Financial has applied blockchain technology in "Hearing-impaired children regain their lives", and Tencent has launched ""Public Welfare Human Search Chain" and so on. By 2017, blockchain has begun to be widely used and has gradually formed a new trend.
The era of barbaric growth is coming, which is both an opportunity and a challenge for blockchain
There is a sentence in Dickens's "A Tale of Two Cities": "It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness. People had everything before them, people had nothing before them; people had everything before them; people had nothing before them; it was the age of wisdom, it was the age of foolishness. People are going straight to heaven, people are going straight to hell. "Just like the blockchain, if you do it well, you will be the pioneer who participates in the changes of the times. If you do it poorly, you will usher in destruction.
Today, the blockchain is facing such a situation: a rapidly developing society , and the emerging companies have brought many possibilities to the blockchain, drawing more attention to the blockchain and accelerating the enterprise application of the blockchain, which may usher in a new era.
zone Blockchains can be roughly divided into three types: private chains, alliance chains and public chains. Each blockchain corresponds to different scenario applications. The most critical difference between these blockchains is the scope of restrictions on the degree of decentralization. Areas Blockchain is also widely used due to its distributed recording of data, irreversible data tampering, openness and transparency. Different from the transmission of information on the Internet, blockchain is the transmission of value, which can be said to be an upgrade of the Internet. Based on this, blockchain is considered to be another central technology that is very likely to cause a disruptive revolution after steam engines, electricity, and the Internet.
But blockchain is not omnipotent:
First, blockchain There is a delay in the chain. Take the transaction in Bitcoin as an example. Its validity is affected by network communication and it takes ten minutes to be informed and recognized;
Secondly, the blockchain itself is not "modified" and "delete" functions, which makes post-processing very troublesome if errors occur when recording data.
In addition to its own limitations, in the face of the complex enterprise market, it has gradually become a new market Beloved's blockchain has also led to a series of "accidents" such as "coin speculation" and "pseudo-blockchain".
In September last year, the country had banned the trading of virtual currencies such as Bitcoin and ICO, but The powerful money-making effect has brought the craze of currency speculation back to people's attention. First, Xunlei launched Wankecoin (now called LinkToken) in October, and then Renren released the blockchain project "Renrenfang" and the token RRcoin , Kodak launched Kodak Coin, and many companies have entered the blockchain to issue tokens, which has once again swept the phenomenon of "coin speculation".
At present, there are many money-making projects on the market, and companies are investing in the blockchain. The application market is a mixed bag, and it is difficult for investors to distinguish between good and bad projects, and even bad money drives out good money. In the market, "processing" of public data has become a social norm, such as companies in order to attract more Consumers and capitalists are paying attention and will modify the published data accordingly to attract user choices and corporate investment.
In addition, some companies are making money in the name of blockchain. See After the benefits brought by blockchain, certainIn order to be the first to enter this trend and obtain high profits, companies hurriedly entered the game before they understood the operation of blockchain; some even used blockchain gimmicks to make money wantonly, and then quickly retreated after obtaining high profits. This blind application of blockchain has caused some companies that really want to apply and develop blockchain to gradually withdraw from the market, while some companies that mainly focus on making money are still active in the market, which has greatly affected the development of blockchain. normal development trajectory.
Although the blockchain has the core technology to create new trends, because it is still in its infancy and is not mature enough in all aspects, it will still bring about various problems such as "coin speculation", which have become obstacles to the blockchain stumbling blocks to chain development.
Will the increase in entrants accelerate the bursting of the blockchain bubble?
Relevant data shows that from November 2015 to December 2017, the growth rate of blockchain-related occupations reached 631%. However, among this huge data, there are some companies that join the blockchain ranks with the mentality of “getting a quick buck and leaving”, disrupting the normal development of blockchain in the market and further promoting the bursting of the blockchain bubble. 's appearance.
Different from previous years, blockchain has developed very well in recent years, and its application scope has expanded to various fields such as finance, education, government, cloud computing, medical care, and insurance. As the number of entrants gradually increased, many irrationalities appeared in blockchain applications, causing batches of contestants to withdraw.
Recently, a WeChat group called "Blockchain without Sleep at Three O'Clock" has aroused heated discussion. In this group, some well-known people from the industry gathered to talk about blockchain and Bitcoin day and night. Have an in-depth discussion. Among this group of people, blockchain has basically become their “belief”. It seems that if you don’t understand blockchain, you will be eliminated by the times. This kind of blindly following the trend reflects not only people's anxiety about the development of the times, but also the market's strong demand for blockchain. Furthermore, the recent popularity of blockchain concept stocks has triggered more and more investors to enter the blockchain market, causing the blockchain market to expand rapidly and create bubbles.
Furthermore, since the blockchain is still in its infancy, there are still many aspects that need to be improved. At this time, it is tentative for companies and investors to enter the blockchain. Blockchain, a technology with revolutionary significance for the times, still needs to be gradually developed. Moving forward rashly will only push the blockchain that is originally on the right track further.
Regarding the understanding of the development of blockchain, Gartner consulting firm has previously analyzed relevant aspects: a new technology basically goes through five stages, namely the embryonic stage, the popular expansion stage, the bubble bursting stage, and the upward recovery. period, maturity period. According to Gartner's analysis in 2016, blockchain is already in a period of inflated expectations. At this time, it is in a period when the bubble is about to burst, and it will take 5 to 10 years before blockchain reaches maturity. .
Will blockchain be the key to the era of change?
2017 can be said to be the year of the explosion of blockchain, with various capitals getting involved in the blockchain.chain. Although it has brought many problems to the market, the role of blockchain in market development cannot be ignored. Recently, "Three Questions about Blockchain (Economic Hotspots)", "Seizing the Opportunity of Blockchain", and "Being a Leader in the Digital Economy" published in the "People's Daily" clearly stated the impact of blockchain on various fields of the market. important role.
Issues such as delay, "pseudo-blockchain", and "coin speculation" will further attract people's attention after the blockchain bubble bursts, and more standardized market development will occur. Today, blockchain is still in its infancy. As more and more entrants enter the industry, a blockchain bubble is inevitable in the future. But after the bubble, blockchain will bring a disruptive experience to the market and usher in a new era.
Blockchain itself emphasizes "decentralization". In order to meet the ever-changing real needs, blockchain is upgrading to "multi-centering", which will completely break the data "island" and achieve comprehensive interconnection of information. situation. It can strengthen the trust security system, improve transaction efficiency, and meet the application needs of the increasingly developing era.
In short, the explosion of blockchain is inevitable. Its decentralized nature avoids the monopoly of Internet giants and brings development opportunities to many entrepreneurs and investors. But at the same time, based on blockchain, it can reduce transportation costs, is open and transparent, cannot be tampered with, has strong permeability and other properties, and is more convenient for market management. In the future business world, there will be a blockchain era that "removes fakes and preserves authenticity" .