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⑴ How to apply blockchain technology and what role it can play

Take buying a house as an example: Buying a house is a complex transaction process, with participants including sellers, buyers, and intermediaries. Companies, housing bureaus, banks, appraisal companies, tax bureaus, etc. Throughout the transaction process, all participants must record their own ledgers separately. Checking these ledgers is a very time-consuming and laborious task, and the verification cost is very high. That's why the entire process of buying a home now takes an average of two months.

In addition to being time-consuming and labor-intensive, since there is very little information that can be verified by a single participant, there is a risk of being "cheated at both ends" by the intermediary company, or "sold for more than one house". However, blockchain provides a solution: integrating all participants' ledgers into a trustworthy and non-tamperable digital ledger, which can be queried by all participants. In this way, every aspect of the home buying process is clearly visible, and everyone can conduct transactions with less time and effort.

Bitcoin is the first application of blockchain technology. Without the operation and management of any centralized organization, Bitcoin has maintained stable operation for many years without any problems. Through this case, everyone saw the potential of blockchain technology.

In order to prevent single points of failure and systemic risks, the current financial industry requires strict supervision and layer-by-layer audits to control risks, which also results in high internal costs. The traditional cross-border settlement method is through intermediaries like SWIFT, so the settlement speed is very slow. However, Bitcoin has been running perfectly for many years without the operation of a centralized institution. It can not only realize settlement and clearing in real time, but also There was not a single accounting error.

According to a report released by Santander, Spain’s largest bank, if all banks around the world use blockchain technology internally around 2020, they will save approximately US$20 billion in costs per year. Such data is enough to illustrate the tremendous changes and breakthroughs that "blockchain" has brought to the traditional financial field.

⑵ What does blockchain do?

Blockchain is a new application model of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other computer technologies.

Blockchain is also a decentralized distributed ledger system that can be used to register and issue digital assets, property rights certificates, points, etc., and conduct transfers, payments and transactions in a point-to-point manner. Compared with traditional centralized ledger systems, the blockchain system has the advantages of being completely open, non-tamperable, preventing multiple payments, and does not rely on any trusted third party.

In other words, the previous computing model required a computer to perform all calculations to draw conclusions, while the technical application of blockchain is to use "distribution" to transfer a complex operation separately. Giving N multiple computers to perform simultaneous operations not only reduces the storage load of each computer, but also saves money.Save time, and finally use the "consensus mechanism" to integrate all the results together to get the final result.

⑶ Advantages and Disadvantages of Blockchain in Equity Financing

Disadvantages of Blockchain
1. No privacy
Blockchain is distributed. On the public chain, everyone has a complete ledger. And since the blockchain needs to trace every account to calculate balances, verify transaction validity, etc., the transaction data is It is open and transparent. If I know someone's account, I can know all his wealth and every transaction. There is no privacy at all.

2. Supervision
The decentralized and autonomous features of blockchain dilute the concept of state supervision. However, all innovations need to comply with regulatory requirements. The supervision of blockchain is to promote the commercial application of blockchain to a certain extent and provide better compliance protection. On the other hand, the regulatory authorities are lagging behind in establishing laws and systems for this new technology, which may also destroy the blockchain, so the scale needs to be grasped.

3. Security issues
A major feature of blockchain technology is that it is irreversible and unforgeable, but the premise is that the private key is safe. The private key is generated and kept by the user without third party involvement. Once the private key is lost, no operations can be performed on the account's assets. With the development of new computing technologies such as quantum computers, asymmetric encryption algorithms have a certain possibility of being cracked in the future, which is also a potential security threat faced by blockchain technology.

4. Delay in data confirmation
There is delay in blockchain transactions. Taking Bitcoin as an example, the validity of the current transaction is affected by network transmission, because it needs to be When most nodes on the network learn about this transaction, they have to wait until the next accounting cycle (Bitcoin controls this to about 10 minutes), that is, the transaction needs to be recognized by the majority of nodes. It is also affected by a small probability event, that is, when two or more nodes compete for accounting rights on the network at the same time, then two or more blockchain branches will be generated in the network. At this time, which branch records the data? If it is valid, you have to wait for the next accounting cycle, which is ultimately determined by the longest blockchain branch. Therefore, the transaction data of the blockchain is delayed.

Advantages of blockchain
1. Collective maintenance
The system is open. In addition to the private information of the transaction parties being encrypted, the system is composed of all parties with maintenance functions. The nodes are jointly maintained, and anyone can query blockchain data and develop related applications through the public interface, so the entire system information is highly transparent.

2. Decentralization
Blockchain uses peer-to-peer network technology to store data, using distributed computing and storage, and there is no centralized hardware or management organization. All nodes have equal rights and obligations, so if any node stops working, it will not affect the overall operation of the system.

3. No need to trust the system
Since the exchanges between nodes follow a fixed algorithm, participants do not need to trust anyone. As the number of participating nodes increases, the security of the system increases. Therefore, the counterparty does not need to reveal its identity to make the other party trust itself, which is very helpful for the accumulation of credit.

4. Information cannot be tampered
Once the information is verified and added to the blockchain, it will be stored permanently. Generate a set of chronologically recorded, non-tamperable, and trustworthy databases, which can limit related illegal activities. Therefore, the data stability and reliability of blockchain are extremely high.

The non-tampering and undoability of the blockchain is both an advantage and a disadvantage. There is no regret medicine in the blockchain, and you can do almost nothing about the data changes in the blockchain. This is mainly reflected in the following: If the transfer address is filled in incorrectly, It will directly cause permanent loss and cannot be revoked; if the key is lost, it will also cause permanent loss that is irreparable. In reality, if you lose your bank card or forget your password, you can still go to a bank branch and your money will still be there.

⑷ What is the value of blockchain and virtual currency?

When we talk about value, we will naturally connect it to price. Indeed, price is an important data to measure value. As a blockchain technology, the price of Bitcoin reached over 140,000 RMB when it was high. Now it has dropped by about 50%, but it is still as high as about 80,000 RMB.

At this point, you may have understood: if people do not have a common understanding of a thing and do not assign value to a thing, many things will not become "valuable" at all. ". Just like our understanding of air and food, they are necessary for our human life and survival! This is the "consensus". We all believe that these two are essential if we want to survive! Therefore, we can conclude that the essence of value is consensus. What is the consensus value of virtual currency? Most people believe that the essence of currency is not consensus, but the credibility and authoritative coercive power of the ruling government. This statement is not unreasonable. The government can only be one of the sources of value consensus, so what most people think is not comprehensive. In our society today, our consensus on the value of things comes from many ways, such as: endorsement by authoritative institutions, corporate credit, religious beliefs, support from scientific theories....

⑸ Most Popular The game "AxieInfinity" has become popular all over the Internet. What is the profit of this game?

The blockchain game "AxieInfinity" has become popular all over the Internet. The profit of this game is very considerable. The highest price of a pet was sold for 75 About 10,000 RMB. The popularity of the blockchain game "AxieInfinity" is precisely because of the super high income of the blockchain game "AxieInfinity". If the blockchain game "AxieInfinity" did not have such high profits, it would not necessarily become popular on the Internet.It will only slowly disappear into the sea of ​​​​people like other blockchain games.

3. The revenue of the blockchain game "AxieInfinity" is expected to continue to rise like Bitcoin

The blockchain game "AxieInfinity" has gained popularity because it has become popular across the entire network. The attention of the majority of netizens has also attracted the attention of many blockchain players, so the demand for the blockchain game "Axie Infinity" will gradually grow, and its revenue is expected to continue to rise like Bitcoin.

⑹ Blockchain project information, see if there is one you are playing

1. Rainbow Box: The recently released scroll mode, 10 coins are reserved for transactions, and any excess can be sold. Give away as a gift, the black market is 6.5 yuan each.

2. one meta: Recently, 20 Koi cards were airdropped, each worth 100,000. I don’t know which lucky person got it. This platform is very popular on the Shuzang platform.

3. Stargate Digital Collection: The digital collection platform that has been warmed up recently invites 10 people to have a chance to receive high-value airdrops, and two will be available in a while. level market.

4. Duo Fuyuan: This is the name of the former Luo Shu Pavilion. After the name change, the popularity has increased a lot. The transaction has been opened, and the currency price is about 7.7 yuan. , the transaction is normal.

5. Tourism alliance chain: After the project came out, the price of the ant cluster has also increased a lot. It is currently more than 18 yuan. It has also been very popular recently. There is no conflict between clusters and the points value is the same.

6. Tips for businessmen: The project I launched before has been around for a while, and the transactions have been open for a while. The market popularity is very low, and the sales orders cannot be sold. The project is not running, but it is basically as if it has gone cold.

7. Bear.com: The project a few years ago had problems with the transaction not long after it came out. However, there were many people investing at that time, and the project size The daily lottery encourages everyone to recharge. In fact, it is a bit of a fund-raising approach. There have been problems recently, and the situation is not optimistic.

8. Jinshui Jiayuan: The project has not been implemented, but no one has done it, the transaction has been delayed, and all groups have become advertising groups. No need to wait anymore, you can declare it’s cold.

⑺ How to make money on the Internet

People chase money💰Two legs, money makes money and countless legs. The more you want to get rich, the more confused you are by money. Money becomes your own network, people! Being ordinary is the truth, being peaceful and happy is happiness

⑻ How technical people should invest their time

Geek Time Mini Program< /p>

Instructions for group buying activities

After starting the group, if you find 2 friends to buy with you within 24 hours, the group buying is successful. After the group buying is successful, you can go to "My-" View the course in "Purchased".

Once a group purchase is initiated, it cannot be canceled midway until the group purchase validity period exceeds 24 hours.

If the number of people in the group is not reached within the validity period of the group, it will be deemed that the group has failed, and the amount paid will be refunded through the original channel. (The specific arrival time is subject to each payment channel)

All courses can only be purchased once. After purchasing at the original price or group price, the purchase method cannot be changed.

During the group formation process, you cannot view the course content purchased in the group. You can read it after the group is successfully assembled.

After the group fight is successful, the inviter and the invitee can participate in the sharing and reward activities by sharing posters.

⑼ [Project Evaluation] ENT: South Korea’s first blockchain project in the entertainment industry

Market: 23/26

Evaluation criteria: Is it solved? Market pain points; whether blockchain technology is reasonably introduced; market competitive advantages;

Score description: Fan economy is a major component of the entertainment industry. The current problem is that there are a large number of various intermediate links between the interaction between fans and idols, which greatly increases the cost of fan economic operations. At the same time, celebrities often need to participate in some cross-border and cross-industry activities, which involves the cooperation of various participants, and how to quickly establish trust is the key to smooth cooperation. Blockchain technology has natural advantages in solving trust issues, and point-to-point encryption technology can effectively reduce the intermediate costs between fans and idols.

Team: 17/24

Evaluation criteria: Whether the resumes of team members are true; whether the experience is sufficient to support the project; the strength, relevance and authenticity of the consultant;

Score description: The development team is a Chinese and Korean team, composed of AIMHIGH Entertainment Group and Momo Development Team. The advisory team is still a combination of China and South Korea, among which we can see the presence of Martians.

Technology: 15/20

Evaluation criteria: Whether the business logic and technical architecture are clear and reasonable; whether there is underlying innovation in the blockchain; product development progress; Github updates;

Score description: ENT's business architecture mainly consists of: data layer, logic layer, supervision layer, business layer and application layer. Its technical architecture follows Ink's design specifications and standards and is designed for typical application scenarios in the entertainment industry.A series of home-made modifications and developments. Supports multi-protocol features and is compatible with BIP protocol and POS smart contract platform. At the same time, ENT supports scalability, cross-chain protocols and lightning networks.

Token economic model: 12/15

Evaluation criteria: whether the token is deeply coupled with the project; whether it has necessary uses; whether the token appreciation logic is reasonable; whether the crowdfunding method is reasonable , including financing amount, proportion of public fundraising, use of funds, etc.;

Score description: ENT’s economic model is very special. ENT will serve as the base currency of the entire ecosystem, and stars can mortgage ENT to issue their own idol tokens at a certain ratio. The value of these idol tokens will increase as the star grows. ENT's foundation, ENTF, will be responsible for guiding and supervising the development and maintenance of ENT Cash, and promoting the healthy growth of the ENT blockchain ecosystem.

Project implementation and business development: 12/15

Evaluation criteria: whether the business development line is reasonable; market reputation; number and activity of participants;

Score description : Behind this business is South Korea’s AIMHIGH Global and the Korean entertainment industry it represents. In addition to South Korea's AIMHIGH, ENT's major shareholders include Kaiying Network (002517) and Cultural Investment Holdings (600715). The project has just started and the future is promising.

ENT is South Korea's first entertainment industry platform based on blockchain technology. It provides a one-stop solution for the global distributed trial community. Specifically:

ENT is based on the quantum platform and uses smart contracts, lightning network and other technologies to provide platform support for digital payment and idol token distribution in the entertainment industry. It can also provide smart contract configuration and invocation, Automatically classify accounts and other functions.

ENT's token (ENT Cash) will be used as a general equivalent and fuel in Dapp and the ENT system, and will be used for payment, clearing, and fees for payment system functions. In addition, the ENT token also has a very special function. It can be used as collateral to issue idol-specific tokens with a fixed exchange ratio.

The creation of idol tokens requires the definition of a series of parameters, including name, symbol, precision, exchange ratio, etc. The parameter that needs to be focused on is the fixed exchange ratio between idol tokens and ENT tokens, which is related to the number of idol tokens issued and destroyed.

Wang Xue, former commercial director of Momo, is currently the chairman of AIMHIGH Entertainment Group. Responsible for business, marketing, evaluation, project management, etc., and has many years of operational management experience in games, entertainment and business. AIMHIGH Group is a company dedicated to the global entertainment industry. It is currently listed overseas.The service content covers games, movies, animation, etc.

Li Longyi, technical director of Momo, employee No. 7 of Momo, graduated from Tianjin University of Science and Technology. He has many years of experience in program development and system architecture, and is a well-known senior expert in the blockchain industry in China.

Moon In-sik, Vice President of AIMHIGH Entertainment Group. Responsible for games, movies, TV series, virtual currency, and international IP trading business in China, Japan and South Korea. He has held management positions in well-known Korean companies such as the Korea Network Technology Institute.

Xu Chen, a senior practitioner in the Internet industry, has long been engaged in and researched product and technology development in search, big data, artificial intelligence, blockchain and other fields. He once served as Vice President of Commercial Product Technology at Afanti, co-founder of an intelligent hardware start-up company, and senior R&D and management director at BAT.

Koo Taiyan, legal consultant for the ENT project, representative lawyer and representative director of TEK&LAW Law Firm. TEK&LAW Law Firm was born in the ICT field and is one of the most well-known law firms in South Korea.

Xu Zijing, nicknamed Martian. Founder of Australian Branch Bank Capital, a famous investor in the blockchain industry, and the project leader of Hcash (Super Cash).

Tang Ling, Chairman of Ink Labs Foundation, Managing Partner of Jenga Blockchain Capital. Founder of the Blockchain Technology and Legal Innovation Research Laboratory of Xi'an Jiaotong University. A key member of the APEC Future Academy Advisory Committee, a member of the World Economic Forum’s Outstanding Youth Community, and a member of the Silk Road Innovation Design Alliance expert group.

Wang Xiaoyin, graduated from the Department of Mathematics of Nanjing University, co-founder of Yitaiyuan Technology, core developer of BitShares 1.0, representative of EEA China, is currently mainly engaged in Ethereum state channel and cross-chain related research. He once served as the technical director of a blockchain technology company.

IN, Hoh Peter, currently the chief consultant of the ENT project, is a representative figure in the Korean blockchain industry. Blockchain expert at Korea University, professor in the Department of Computer Science and Engineering, and chairman of the Korean Blockchain Association.

We all know how powerful the Korean entertainment industry is, and the application of blockchain technology this time may be a good attempt. It not only improves solutions to the pain points of the entertainment industry, but also promotes regional development. Blockchain has entered the public eye. Once the project is successful, it can be said to be cooperation and win-win in both fields.

The core team of the project has many years of experience in the entertainment industry and blockchain development capabilities. The multinational all-star advisory group behind it provides strong support for the smooth progress of the project.

At the same time, we can learn from the official website that many world-class stars such as Running-Man, G-Dragon, Ozawa Maria, etc. have joined the ENT platform.

ENT issuanceThe total amount is 1.6 billion, of which 20% is generated by mining. The distribution plan is as follows:

The fundraising of ENT is mainly divided into three stages:

The team will calculate the exchange ratio about 2 weeks after the completion of the token sale crowdfunding. According to the location of the participants The corresponding number of ENT will be allocated according to the stage situation. After the allocation is completed, it is expected that the wallet will be able to withdraw coins to third-party exchanges for transactions in about 2 weeks. The specific time will be disclosed by the ENT team.

Official website: http://entcash.com/