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❶ The main features of the blockchain business model are
The blockchain distributed business model has the following characteristics:
1. Dimensionality reduction
The traditional business model is high-dimensional and has extremely asymmetric information. For example, automobile manufacturers shield the cost and technical content of car manufacturing from customers, and companies obtain profits through information asymmetry. The Internet business model is mid-latitude. The platform controls all user information and all stakeholders are related on the platform. The platform seems to be fair to everyone, but in fact different users have different information and permissions.
The blockchain distributed business model is a low-dimensional one, which significantly reduces the dimensionality of the Internet and traditional business models. It is specifically realized as information symmetry, openness and transparency, equal power, removal of centralized platforms, and all users All transactions occur on the same level. For example, Alipay is an Internet business model. The Alipay platform holds information on hundreds of millions of users. All transactions must be processed through the Alipay settlement center. Alipay has the right to intervene in abnormal transfers it determines, and has the right to modify the rules and charge relevant fees in accordance with the set rules. And users can only passively obey. The relationship between Alipay and users is one of centralized power and obedience. The Bitcoin network can be understood as the parallel migration of the Alipay system on the blockchain. It is a decentralized point-to-point payment system. In the Bitcoin network, there is no centralized settlement system. Settlement and accounting can only be completed with the participation of all nodes. Its rule transactions are solidified by code, information is open and transparent, and node participation rights, accounting rights, and income rights are all are equal and characterized by high trust. The relationship between the Bitcoin network and each node is complementary and indispensable. If the Bitcoin network leaves node verification, the payment system cannot operate.
2. Distribution
Dimensionality reduction solves the unequal relationship between the original centralized organization and users, but once the dimensionality is reduced, a huge number of users will How (node) relationships are handled is the core of the blockchain business model. In a distributed network where everyone is the center and everyone is a node, obtaining benefits through fair competition on the basis of equal rights and responsibilities is in line with the characteristics of extreme competition in the market. For example, in the Bitcoin network, every node has equal power and competes fairly to obtain Bitcoin rewards based on POW. In the commodity traceability system, every node is an equal member, information is not controlled by any party, power is equal, and responsibilities and interests are clearly divided.
Distribution of power has an motivating effect in business models. Unfair competition is prone to occur in traditional business models and Internet business models, thus damaging the enthusiasm of entities to participate. For example, in the auction market, due to opaque information, it is difficult to avoid power rent-seeking and collusion. In the blockchain network, each node exists in a distributed manner and competes in an information-transparent environment. Therefore, the blockchain distributed business model is a model that conforms to market rules.It can promote the market mechanism and improve the incentive effect of the market.
3. Equity decomposition
Equity decomposition may be the biggest innovation in the blockchain distributed business model. Generally, ownership includes four rights: possession, use, income, and disposal. In the traditional business model, property rights transfer generally includes the transfer of these four rights together, while property rights leasing only transfers the right to use, and the owner retains the rights of possession, income and disposal. Ownership and management rights may or may not be separated, and the separated management rights are in the hands of specific operators. In the Internet business model, ownership has begun to differentiate significantly. Users enjoy the right to use a large number of Internet products, but do not have the right to possess, benefit or dispose of them. Management rights have little to do with users, and only a small number of crowdsourcing products (***) are relevant.
In the blockchain distributed business model, there is a large degree of separation of possession, use, income, and disposal in ownership, a large degree of separation between ownership and operating rights, and decision-making rights, and operating rights and decision-making rights (partial) In the hands of ordinary users. In the Bitcoin network, those who hold Bitcoins enjoy the rights to the future income of Bitcoins, but do not have the right to possess them. The nodes control the settlement rights and accounting rights, and the blockchain network cannot leave the participation rights of the nodes. A more specific example is that investors purchase stocks and enjoy the equity of the listed company, including the rights of possession, use, income and disposal, but they have no operating rights, and most of them have no decision-making rights. When investors purchase currency, they do not have ownership of the project, but they have the right to future income from the currency, as well as the right to use and operate as a node (verification and accounting rights), and voting rights (decision-making rights). Of course, there are still many problems in the current rights, responsibilities and interests system. In many blockchain projects, the rights and interests of many blockchain projects cannot be guaranteed because investors have no ownership rights.
This decomposition of rights and interests leads to changes in the original relationship of rights, responsibilities and interests, thus forming a new business model. In the distributed business model, project owners, operators, decision-makers, users, and beneficiaries are separated from each other and at the same time interdependent. The ideal state may be that the beneficiary (coin holder) takes higher risks and makes profits through the money market, and the owner profits from the project profits, but the beneficiary reduces the income risk by participating in operations and decision-making.
The blockchain distributed business model still has a lot of room for development, the most critical of which is how to build a standardized currency market to protect the interests of the beneficiaries. In this way, in this business model, risks can be transferred, income distribution can be benign, and rights, responsibilities, and benefits can be more clearly defined.
❷ What are the characteristics of blockchain technology
Chongqing Jinwowo explained that the characteristics of blockchain technology are as follows:
1. Blockchain is a distributed record Accounting technology, each "block" is a ledger;
2. Blockchain is supported by cryptography and other technologies, so the data recorded in the ledger is unchangeable;
3. Each "block" is arranged in chronological orderThe "chain" is connected sequentially, and the latest produced "block" will be "chained" at the end. The "chain" puts a shackle on the rigor of the data;
4. All transaction quantities will be recorded in " block", so any transaction can be found in the blockchain.
❸ The technical characteristics of blockchain include: ( ). a Decentralization b Traceability c Openness and transparency d Non-tampering
The technical characteristics of blockchain include decentralization, non-tampering, consensus trust mechanism, openness, anonymity, cross-platform, etc.
6. Cross-platform
Similar to the TCP/IP protocol of the Internet, blockchain can also be regarded as a basic communication protocol. The cooperation of other mechanisms together constitutes the value Internet based on blockchain. Nodes on the blockchain network operate independently based on common algorithms and data structures. They mainly consume computing resources and have nothing to do with the platform. Computing nodes can be deployed on any platform.
It can be said that the characteristics and development of blockchain come from the soil where it was born - the development of Internet technology and the rise of cloud computing and big data.
❹ What are the characteristics of blockchain assets?
Not controlled by a single person or organization, high security, records cannot be tampered with Slow transaction speed
❺ What are the characteristics of decentralized accounting
Decentralized accounting makes blockchain assets open and transparent and cannot cheat~
The third major feature of blockchain assets is decentralized accounting.
The transfer you make to others will not be delayed for a few days because the accounting agency is on holiday; it will not have to pay a high fee because the accounting agency wants to make a profit; and it will not be because the accounting agency wants to make a profit. cheat and suffer losses.
Because its accounting is carried out jointly by the entire network. The ledger of your transfer records to others will not be unified due to the loss of the ledger data here or the other party's, because this ledger is jointly maintained by the entire network, and every full node has a backup.
❻ Please tell me what are the functions and characteristics of blockchain
I know this because I learned this when I was studying at Hashidon Blockchain Business School. Characteristic attributes include decentralization, openness, consensus, information cannot be tampered with, anonymity, and traceability.
❼ What are the main technical characteristics of blockchain?
“Blockchain is a shared distributed database technology, and its advantages are mainly reflected in distributed decentralization. ization, trustless system and non-tampering and encryption security.”
1. The meaning of blockchain technology
Blockchain (BlockChain) technology is a decentralized consensus mechanism that uses Technology that maintains a complete, distributed, non-tamperable ledger database, which enables participants in the blockchain to achieve a unified process without establishing a trust relationship.ledger system. Blocks are public ledgers and are maintained at multiple points; chains are stamped with timestamps and cannot be forged. Blockchain is essentially a technology that values security and credibility over efficiency.
There is a database behind all current systems, which is a big ledger. Then who will keep this ledger becomes very important. Now it’s whoever owns the system who keeps the accounts. Each bank’s account books are kept by each bank, and Alipay’s account books are kept by Alibaba. But now in the blockchain system, everyone in the system has the opportunity to participate in accounting. If there are new transaction data changes within a certain period of time, everyone in the system can do accounting. The system will judge the person who has the fastest and best accounting during this period, write the recorded content to the ledger, and Send the contents of the ledger during this period to all other people in the system for backup. In this way, everyone in the system has a complete ledger.
Thus, the data becomes very secure. A tamperer needs to modify more than half of the system node data at the same time to truly tamper with the data. Such tampering would be extremely costly, making it nearly impossible. For example, Bitcoin has been running for more than 7 years. Countless hackers around the world have tried to attack Bitcoin, but so far there have been no transaction errors. It can be considered that the Bitcoin blockchain has been proven to be a safe and reliable system. Therefore, it can be considered that blockchain technology is a way for all people to participate in accounting, and it will bring about innovation in accounting methods.