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yet区块链存储生态平台,区块链utxo

发布时间:2023-12-06-09:16:00 来源:网络 区块链知识 区块   项目   Yottachain

yet区块链存储生态平台,区块链utxo


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『一』How does the blockchain Yottachain change the data storage model?

The development of Internet technology is changing with each passing day, bringing infinite excitement and convenience to our lives. At the same time, with the continuous improvement of 5G networks, container clouds, and high-performance storage hardware, data growth has entered an unprecedented stage of development.

The data generated by AR, VR, Internet of Things, edge computers and other devices available everywhere is a constant stream, just like an open water pipe, the data source is always flowing out. The data generated will increase geometrically. At this time, the storage technology of blockchain will be revealed. In the past few years, there has been a relatively outstanding IPFS project in blockchain storage technology.

Yottachain uses blockchain as the underlying technology and has developed a powerful incentive program for miners. Miners investing 1GB
of space in YottaChain can generate 5-10GB of storage. Capacity, thus producing the miraculous effect that the purchasing power of the digital currency obtained by the resource provider exceeds the resources it supplies.

There is no doubt that data storage is now in the early stages of the transformation from centralized to distributed storage. When more and more individuals and organizations begin to use blockchain technology to change all aspects of our lives, I believe Yottachain will also make greater contributions to our new era economy!

『二』YTA is the currency of that country, what is its use?

YTA is a digital currency of the Yottachain blockchain, used to purchase data storage server resources,
I just bought a few Sesame Cloud servers from Panquan Technology, which can mine YTA coins. In fact, these have the same properties as Bitcoin

『三』What is blockchain

In the simplest terms, a blockchain is a distributed ledger.

To understand what this means, we first have to look at its opposite: a centralized ledger. Because blockchain technology started with finance, we will also introduce it below using banks as an example.

The following is our process for using bank debit card transactions:

You can swipe your card to purchase goods in stores.

The merchant sends a statement to your bank for the agreed upon amount.

Your bank will verify that you may have authorized the purchase.

The bank sends the money to the merchant.

Finally, the bank records this information in its ledger.

There’s a lot of technology involved here, but that’s basically it. The last step is important - the bank records all transactions made by the customer. This ledger goes all the way back to the first transaction the bank made.

This ledger is kept, maintained and regulated by the bank. you canRead it in your online bank account, but you can't change it. The bank has complete control. If it decides to make a change, there's nothing you can do about it.

Crucially, if hackers were able to access a bank’s ledger, that could cause a lot of problems. They can change the account balance to make it look like certain transactions never occurred, etc.

This is why distributed ledgers are so cool.

Blockchain Network Visualization

If a bank operates on a distributed ledger, each member of the bank will have a copy of the ledger, and whenever any member of the bank When they make a purchase, they tell every other member of the bank.

Each member will validate the transaction and add it to the ledger (the added records are called "blocks"). This has some important benefits, as there is no centralized authority that can manipulate records. Hackers accessing one ledger won't be a big problem because other ledgers can easily verify it.

On the other hand, it requires a lot of work. In short, the second system is blockchain (at least in financial scenarios).

As mentioned above, blockchain is a decentralized list of transactions. If I send Xiao Ming 2 Bitcoins, I send a message to everyone in the network saying "I am sending Xiao Ming 2 Bitcoins" and they all record the transaction.

The future of blockchain, how will it change our lives?

One thing that is important about blockchain is that it is a public resource and no one really owns it because everyone owns it.

Blockchain is not just science fiction. We don’t need to understand the mechanism behind this technology, but you do need to understand that it may completely change our lives in the next 20 years.

This may sound bold, but remember, 20 years ago we were browsing the Internet on Netscape, using state-of-the-art Motorola flip phones, and buying our first DVD players. At that time, if we imagined that a computer could be held in our hands and that we could buy cars, make payments, and watch movies, it would have been considered a fantasy.

Although the impact of blockchain may not be as obvious as the Internet, nor as tangible as mobile phones, blockchain will effectively solve many worries in daily life. Such as intermediaries cheating people, transaction delays, etc. In our current lives, middlemen are everywhere and we take them for granted as a part of life. If one day these intermediaries cease to exist, you will find that the world will become a different place.

Imagine that by 2040, blockchain may become a mature and widely used technology. When one day you are inseparable from the blockchain just like you are inseparable from the Internet now, you will be surprised to find that this decentralized accounting technology has become complicated and complicated.Just keep it simple and become part of your lifestyle

『四』What is the model of blockchain

Blockchain is distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm, etc. New application models of computer technology. Blockchain (Blockchain) is an important concept of Bitcoin. It is essentially a decentralized database. As the underlying technology of Bitcoin, it is a series of data blocks generated using cryptographic methods. , each data block contains a batch of Bitcoin network transaction information, which is used to verify the validity of its information (anti-counterfeiting) and generate the next block.

The biggest problem if such technology is to be put into application is the "impossible triangle problem"

That is, it cannot achieve scalability (Scalability) and decentralization () at the same time. , Security (Security), you can only get two of the three.

Most of the public chain projects currently on the market are difficult to put into use on a large scale.

If there is a public chain project that can solve this problem, it will be a revolution in the blockchain.

Backed by the world’s first and largest encrypted digital currency payment platform and wallet solution with a user base of more than 3 million, Velas (Virtual Expanding Learning, virtual expansion autonomous learning system) is a Artificial intelligence (AI)-optimized neural networks enhance its consensus algorithm, self-learning and self-optimizing public chains, and are committed to improving the security, interoperability, and high scalability of the transfer process and smart contracts. Velas uses AI-enhanced DPoS consensus to achieve complete decentralization without reducing security and transaction speed.

Velas has recently launched the Velas desktop wallet and web wallet

Velas web wallet

Velas web wallet allows users to process transactions within their web browser Cryptocurrency, purchase Velas token VLX, and support easy viewing of detailed history of all wallet transactions. Login credentials have an additional layer of security with two-factor authentication feature.

In addition to the basic functions of creating and restoring wallets based on mnemonic strings, all data stored in the Velas web wallet is encrypted using the RSA-256-CBC algorithm to ensure that user data is not compromised by the system owner. or stolen or misappropriated by external attackers.

A prominent feature of the web version of the wallet is that it supports exchanging VLX tokens for other cryptocurrencies within the wallet, and the wallet will continuously refresh the current VLX exchange rates for all fiat currencies for users’ reference.

Velas Desktop Wallet

Velas Desktop Wallet is a highly secure wallet program suitable for Windows, macOS, and Linux operating systems. Desktop wallets are also usedThe same mnemonic features and RSA-256-CBC encryption algorithm as the web wallet.

Unlike the web version, which is an online wallet, the Velas desktop wallet allows users to store their wallets directly on their computers, avoiding potential risks of online attacks, including phishing, IP fraud and XSS. It is worth mentioning that both the desktop and web wallets provide users with an automatic lock option for security issues. If not used for a long time, they will need to enter a password when logging in again before they can access again.

『五』What is the blockchain project

From an academic perspective, blockchain is a combination of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other computer technologies. New application models. Blockchain is essentially a decentralized database.

It first appeared in 1991 and was used by a group of researchers to time-stamp digital documents. So that these documents cannot be tampered with, the blockchain technology looks like a notary.

However, this technology has not played any other role since then. It was not until 2009 that a person named Satoshi Nakamoto used blockchain technology to create the digital cryptocurrency Bitcoin.

A blockchain is a distributed ledger that is completely open to everyone. It has an interesting property: once the data is recorded in the blockchain, it is difficult to change it. So how exactly does it work? Next, let us first observe the composition of a single block.

Each block contains three important parts:

Data, hash value, and the hash value of the previous block. The data part is related to the type of blockchain. For example, the blocks in the Bitcoin blockchain store relevant transaction information, including sellers, buyers, and the number of Bitcoins traded.

Once a block is created, its hash value is uniquely determined. Changing any content in the block will cause its hash value to change significantly. Variety. That is to say, when you need to check whether a block has been tampered with, you only need to detect whether its hash value has changed. If the hash of a block changes, its content must have changed. It is no longer the same block as before!

The third element contained in the block is the hash value of the previous block. This element allows a chain to be formed between blocks. And it can make the blockchain very safe. For example: suppose we have a blockchain containing three blocks.