区块链u是什么意思,区块链uenc怎么样

1. What does blockchain mean and how to make money

The meaning of blockchain and how to make money are as follows:
1. The meaning of blockchain: block A chain is a piece of information that is finally stored in multiple places after being confirmed by multiple parties. It is a tool that can solve the credit problem during transactions.
2. How to make money with blockchain:
(1) Provide blockchain technology services. Form a corporate team to specialize in the development and application of blockchain technology, and provide your technical results to companies in need for use, or develop corresponding blockchain technology based on the needs of service recipients. A simple understanding is to be a middleman.
(2) Use blockchain technology to issue coins. This method is that the company acts as an issuer and releases a certain number of virtual coins for others to invest, such as Bitcoin, Litecoin, and Dogecoin. At that time, if you wanted to become an issuer, in addition to having blockchain technology, you also had to apply for a series of filing documents and materials such as business qualification certificates and currency issuance qualification licenses from relevant regulatory authorities. Otherwise, if you don’t have these documents, it would be fraud. . However, successfully preparing these documents will still test the strength and capital of the company. If the funds are not strong enough, it will be difficult to sustain.
(3) Payment for blockchain knowledge. In the early days of the blockchain market, many people did not understand what blockchain was and wanted to participate, which inevitably gave rise to a payment market for blockchain knowledge. Since this year, many public accounts with the theme of blockchain have appeared, and many paid blockchain courses and small investment circles have been born.
(4) Register to receive free candies. Candy is a token that the blockchain project team rewards early users in order to attract more users to join early use and dissemination. Similar to the early "Didi", in order to cultivate a large number of early users, a large number of free taxi tickets were issued to users.

2. What does blockchain mean and how to understand it?

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

Blockchain is an important concept of Bitcoin. It is essentially a decentralized database. As the underlying technology of Bitcoin, it is a series of related data generated using cryptography methods. Each data block contains a batch of Bitcoin network transaction information, which is used to verify the validity of the information (anti-counterfeiting) and generate the next block.

Notes

1. Blockchain Originated from Bitcoin, on November 1, 2008, a person claiming to be Satoshi Nakamoto published the article "Bitcoin: A Peer-to-Peer Electronic Cash System", which elaborated on P2P network technology, encryption technology, The architectural concepts of electronic cash systems such as timestamp technology and blockchain technology mark the birth of Bitcoin.

The theory entered practice two months later, the first serial number on January 3, 2009The genesis block of 0 is born. A few days later, block number 1 appeared on January 9, 2009, and was connected to the genesis block number 0 to form a chain, marking the birth of the blockchain.

2. In order to realize the great leap forward development of blockchain finance, in order to promote the new development of China’s economy, accelerate the circulation of global assets, and realize the dream of rejuvenation that generations have been striving for, Puyin Group launched the On the 9th, a Puyin Blockchain Finance Guiyang Strategy Release Ceremony was held in Guizhou. At the meeting, the digital circulation of assets through blockchain, the blockchain financial transaction model, and the application of blockchain services and social public industries will be discussed. Explore.

3. What is blockchain?

Blockchain has been very popular recently. When people talk about blockchain, they will associate it with Bitcoin, but blockchain is blockchain. , Bitcoin is Bitcoin, the two are completely different. Although many people have heard of blockchain, they do not understand what blockchain is. What does blockchain mean?

Blockchain refers to a technical solution that collectively maintains a reliable database through decentralization and trustlessness. Many people still don’t understand decentralization. Decentralization means that there is no central ledger in the blockchain. Everyone has the opportunity to participate in accounting. Everyone is the center, and everyone in the system has a ledger. When it comes to blockchain, everyone will mention Bitcoin, because blockchain is the underlying technology of Bitcoin and is mainly used in Bitcoin. Blockchain is like a large database ledger that records all transaction records. , and the updated accounting content will be sent to all system class users.

What is blockchain technology

In layman’s terms, blockchain technology is a way for all people to participate in accounting. All systems have a corresponding database. If the database is compared to an account book, then the person who keeps the accounts is very important. These databases currently keep their own accounts. For example, Alibaba is responsible for the Taobao account book, and WeChat is responsible for the accounting. The ledger is kept by Tencent. But in the blockchain system, everyone has the opportunity to participate in accounting. The system will select the person with the best and fastest accounting, record his content on the ledger, and send the content of the ledger to everyone in the system. Personal backup allows everyone to have the same ledger, ensuring that the accounting process is transparent. There is no central ledger, which greatly improves security. In the past, it was difficult for two parties who did not trust each other to conduct transactions. For the security of transactions, a third-party platform was needed, and blockchain technology solved the credit problem of user transactions. People can complete transactions without a third-party intermediary. Bitcoin The underlying technology of currency transactions uses blockchain technology, so many people associate Bitcoin with blockchain. It is precisely because Bitcoin has been very stable for many years that people pay attention to its underlying technology. People abstract the underlying technology of Bitcoin and call it blockchain technology.

4. What does blockchain mean and what are its main uses

In recent years, a hot word has appeared frequently on the Internet, that is "blockchain". This word gives people a very noble and powerful feeling, but many people do not know what blockchain is. mean? And what are the main uses of blockchain? Let’s take a look at the relevant content that has been issued.

Blockchain Blockchain is actually equivalent to a disintermediated database, which is composed of a string of rubber 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 other words, blockchain is essentially a decentralized database.

In a narrow sense, blockchain is a chain data structure that combines data blocks in chronological order and is cryptographically guaranteed. Distributed ledger that cannot be tampered with or forged. Broadly speaking, blockchain is actually a distributed infrastructure and computing method that is used to ensure the security of data transmission and access.

In addition, the blockchain is composed of six infrastructures: data layer, network layer, consensus layer, incentive layer, contract layer and application layer. Regarding its role, blockchain is mainly used to solve the trust and security issues of transactions. The above is the relevant content about the meaning and function of blockchain. I hope it can help friends in need.

5. What does blockchain mean?

In a narrow sense, blockchain is a distributed system ledger that is difficult to tamper with and difficult to forge. It records db blocks in chronological order. It constitutes a chain franchise algorithm design and is guaranteed by a cryptographic algorithm. In a broad sense, blockchain applications use data asset structures to verify and store information, use consensus algorithms of distributed nodes to generate and refresh data, and use cryptographic algorithms to ensure the security of data transmission and browsing. The application is composed of automatic scripts. Intelligent contracts, programming and new distributed infrastructure construction and calculation methods using data.

What does blockchain mean?

Blockchain technology is actually equivalent to a decentralized database system, consisting of a long list of db blocks. Each DB block contains a Bitcoin transaction information, which is used to verify the validity of its information and form the next block.

What are the application scenarios of blockchain technology?

The main application areas of blockchain technology include: virtual currency, commodity transaction clearing, data government affairs, verification and anti-counterfeiting label network services and other industries. Ou Sen's block chain is a database technology that links DB blocks in an orderly manner. It is responsible for recording and encrypting file data to ensure that the data cannot be modified or falsified.

Blockchain technology can essentially be a distributed system that is participated in, maintained together, and continuously grown, also known as a distributed shared resource ledger. Each page in the shared resource ledger is a block, and each block is full of transaction details.The anonymity, decentralization, openness, transparency and difficulty in tampering of blockchain have made it favored by enterprises and has been widely used.

6. What is blockchain

Blockchain is a term in the field of information technology. In essence, it is a shared database, data or information stored in it , with characteristics such as “unforgeable”, “leaving traces throughout the entire process”, “traceable”, “open and transparent” and “collectively maintained”.

On January 10, 2019, the National Internet Information Reform Office issued the "Blockchain Information Service Management Regulations". On December 2, 2019, the word was selected into the top ten buzzwords of 2019 by "Yi Wen Qi Zi".

7. What does iCO mean?

ICO (abbreviation of Initial Coin Offering), initial coin offering, originates from the concept of initial public offering (IPO) in the stock market and is a blockchain The project issues tokens for the first time and raises general digital currencies such as Bitcoin and Ethereum.

A brief introduction to ICO:

ICO is a blockchain industry term and a common way to raise funds for encrypted digital currency/blockchain projects. Early participants can Receive the initial generated cryptocurrency in return.

Because the tokens have market value, they can be exchanged for legal tender, thus supporting the development costs of the project. The tokens issued by ICO can be based on different blockchains. Common ones are issued based on the Ethereum (ETH) and BitShares (BTS) blockchains, with the blockchain providing accounting services and value consensus to achieve global issuance and circulation.

ICO participants are very important to the success of a project. They will promote the blockchain project in the community so that the tokens it generates gain liquidity before they start trading. However, what ICO participants value most is still the potential income brought about by the development of the project or the price appreciation after the token issuance.

(7) What is blockchain uic? Extended reading:

Domestic ban:

The afternoon of September 4, 2017 At 3 o'clock, the People's Bank of China led seven ministries and commissions, including the Cyberspace Administration of China, the Ministry of Industry and Information Technology, the State Administration for Industry and Commerce, the China Banking Regulatory Commission, the China Securities Regulatory Commission and the China Insurance Regulatory Commission, to issue the "Announcement on Preventing Token Issuance Financing Risks" (hereinafter referred to as the "Announcement").

The "Announcement" points out that token issuance financing is essentially an illegal public financing without approval. It requires that all types of token issuance and financing activities should be stopped immediately from the date of the announcement. At the same time, it has Organizations and individuals that have completed token issuance financing will make arrangements for liquidation and other arrangements.

8. What is the meaning of blockchain?

Blockchain is a shared database. Blockchain is computer technology such as distributed data storage, point-to-point transmission, consensus mechanism, and encryption algorithm. new application models.

Blockchain does not belong to any industry. Blockchain is a distributed data storage and point-to-point transmission.New application models of computer technologies such as transmission, consensus mechanisms, and encryption algorithms. In a narrow sense, blockchain is a chained data structure that combines data blocks in a sequential manner in chronological order, and is a cryptographically guaranteed distributed ledger that cannot be tampered with or forged.

Features

Decentralization. Blockchain technology does not rely on additional third-party management agencies or hardware facilities, and there is no central control. In addition to the self-contained blockchain itself, each node realizes self-verification, transmission and management of information through distributed accounting and storage. Decentralization is the most prominent and essential feature of blockchain.

Openness. The foundation of blockchain technology is open source. In addition to the private information of the transaction parties being encrypted, the data of the blockchain is open to everyone. Anyone can query the blockchain data and develop related applications through the public interface. Therefore, the entire System information is highly transparent.

9. Popular explanation of what blockchain is

Question 1: What is blockchain? Can you explain the principle of 10-point blockchain in plain language: Go Centralized distributed accounting system
The core of blockchain technology is that all currently participating nodes jointly maintain transactions and databases. It makes transactions based on cryptographic principles rather than trust, so that any two parties who reach an agreement can Conduct payment transactions directly without the involvement of a third party.
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Technically speaking, a block is a data structure that records transactions, reflecting the flow of funds for a transaction. The blocks of transactions that have been reached in the system are connected together to form a main chain, and all nodes participating in the calculation record the main chain or part of the main chain. A block contains the following three parts: transaction information, hash hash formed by the previous block, and random number. Transaction information is the task data carried by the block, specifically including the private keys of both parties to the transaction, the number of transactions, the digital signature of electronic currency, etc.; the hash formed by the previous block is used to connect the blocks to realize the past The order of transactions; random numbers are the core of transaction completion. All miner nodes compete to calculate the answer to the random number. The node that gets the answer the fastest generates a new block and broadcasts it to all nodes for update, thus completing a transaction.
1.1 What is Blockchain
Blockchain (BlockChain) refers to a technical solution that collectively maintains a reliable database through decentralization and trustlessness. This technical solution mainly allows any number of nodes participating in the system to associate and generate a series of data blocks (blocks) using cryptographic methods. Each data block contains all the information exchange data of the system within a certain period of time, and generates The data fingerprint is used to verify the validity of its information and chain to the next database block.
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In layman’s terms, blockchain technology refers to a way for all people to participate in accounting. There is a number behind all systemsThe database is a big ledger. Then who will keep this ledger becomes very important. At present, it is 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. Therefore, this data becomes very safe. 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.
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1.2 Why is there blockchain innovation?
Human beings need to communicate during their activities, and communication is based on information. In the past, information circulation was not convenient enough to satisfy market participants. There is a demand for information, so intermediaries and centers are born. This centralized system has problems such as high cost, low efficiency, value dispersion, "information islands" and insecure data storage. However, due to technical and environmental factors, this system continued to operate for many years until the emergence of the Internet. The starting point of the first generation of the Internet is the TCP/IP protocol, which is an open code that implements a unified format for peer-to-peer transmission of information by all nodes on the network, and brings the basic values ​​of freedom and equality required by a global unified market into programmed, protocol-based, and reliably Execution. The Internet eliminates low-value, high-cost intermediate chains and achieves low-cost and high-efficiency global information transmission in a decentralized manner.
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However, the first generation of the Internet did not solve the problem of information credibility. Activities that can be decentralized on the Internet must be activities that do not require credit endorsement, and activities that require credit guarantee must be activities involving centralized third-party intermediaries. Therefore, Internet technology that cannot establish global credit has encountered great obstacles in its progress - people cannot participate in any value exchange activities on the Internet in a decentralized manner. To realize value exchange, people still need third-party intermediaries based on credit (such as banks, clearing agencies, exchanges). The global centralized credit system still has problems such as high operating costs, low efficiency, and vulnerability to attacks and damage. For example, each country's legal currency has different credit values ​​and incompatible clearing systems, which adds a lot of cost to global trade.
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Therefore, what the second generation Internet must break through is: how to establish global credit in a decentralized manner? Let...>>

Question 2: What is blockchain? What does it mean in layman’s terms? What is China’s attitude towards blockchain? What can blockchain do? Blockchain, a great technology that accompanied the birth of Bitcoin, is currently being used in the financial field to significantly reduce transaction costs and improve efficiency, which is enough to excite Wall Street. However, this is just the tip of the iceberg. Its potential applications are very broad and will subvert every aspect of our lives in the future.
Blockchain is an important concept of Bitcoin. It is essentially a decentralized database and serves as the underlying technology of Bitcoin. One of the most basic characteristics of Bitcoin is decentralization. In recent months, financial giants have gradually begun to pay attention to Bitcoin's technology and used it in non-monetary fields, such as stock trading, election voting, etc. (1) Art Industry
Artists can use blockchain technology to declare ownership and issue numberable, 100% edition works in digital form for any type of artwork. It even includes a marketplace where artists can buy and sell through their website without the need for any intermediary services.
(2), Real estate industry
Use blockchain technology to solve various problems faced by everyone involved in real estate, including the naming process, land registration, agency intermediaries, etc.
(3), Insurance Industry
The financial industry has always been the most sensitive to advanced technology. Traditional banking and securities industry giants have been involved in the booming blockchain venture capital investment since 2014, with total global investment reaching US$1 billion within two years.
(4) P2P wallet
Personal assets can be traded through this P2P wallet in the future without going through any central institution, such as Bitcoin.
Most blockchains are in their infancy, mainly overseas. There are very few good domestic blockchain projects, so it is not recommended for any non-professionals to invest in blockchain projects. If you are very interested in blockchain technology and have a technical or financial background, it is recommended that you consider starting a business in this area. In terms of the blockchain protocol system, the lowest layer is the underlying technology of the blockchain, including the technical protocols of the blockchain, as well as some platform routing and basic algorithms; in the middle layer, some application interfaces and some credentials must be solved Issuance and verification, including some industry platform services, big data analysis, etc. This is a very rough classification, and there should be more detailed classifications; the top ones are some applications of blockchain, including finance Some applications and some applications in other aspects, the Internet of Things and so on.
Introduction to Bubi Blockchain
Bubi Blockchain has been focusing on the research and development and innovation of blockchain technology and products since its establishment. It has a number of core technologies and has achieved substantial results in many aspects. Radical innovation has resulted in a number of core technological achievements, such as: mathematically provable distributed sharedrecognition technology, fast large-scale ledger access technology, multi-chain general ledger technology that supports the expansion of business forms, interconnection technology between heterogeneous blockchains, etc. On April 25, "Gege Points" introduced the concept of blockchain into the points system, jointly opened it up with multiple parties, issued and redeemed points, and promoted the circulation of points. Each cooperative institution can jointly participate in transaction verification, ledger storage, and real-time settlement; the third-party payment platform of the enterprise points issuer makes the entry and exit of points more flexible. Bubi has developed its own basic blockchain service platform, which has been applied in equity, supply chain, points, credit and other fields. Bubi has been committed to building an open value circulation network with decentralized trust as the core, allowing digital assets to flow freely.
A simple understanding of blockchain is a technology at the bottom of Bitcoin, which is also a peer-to-peer electronic cash system that can realize peer-to-peer value delivery. We should distinguish between Bitcoin, Bitcoin blockchain, blockchain and blockchain. Blockchain technology and other concepts. In countries with relatively developed finance in the past, finance and blockchain technology have a long history, and the legislation of digital currencies and blockchain networks is also very important. With the advent of the financial era, large financial institutions are studying blockchain technology. They have their own teams and conceptual technologies. Slowly, banks in various regions are also participating in digital currency discussions. The application and support of this technology are not only that. The influence of blockchain on enterprises is also huge. For larger domestic enterprises, Bubi Blockchain is also used in various equity, supply chain, points and other fields. Major domestic financial institutions and enterprises have taken a fancy to the new industry. value, they have developed their own blockchain platforms, and blockchain has instantly become a new innovative industry in China. In terms of overseas internationalization, the United States has already obtained 15 blockchain patents at the end of last year compared to China. Blockchain financial applications are entering a new stage in an all-round way. Various applications will become more and more in-depth, and related changes will also become more and more profound. It has attracted more and more attention and will form a huge new trend... >>

Question 3: What is blockchain technology? What exactly is blockchain? What is blockchain? 1. Data blockchain is an important concept in the Bitcoin financial system. It records transaction record data on the entire Bitcoin network, and these data are shared by all Bitcoin nodes. Through the data block, we can query each transaction record. A look at the history of Bitcoin transactions. 2. Example: There are three persons A, B, and C. All funds of A and B are kept by C. And every financial transaction must be recorded by C. Now assume that A and B each have 1 million in custody of C. Then: A spends 80,000 yuan to B, then C's account book record will subtract 80,000 yuan from A's name, and add 80,000 yuan to B's name. If B transfers 50,000 yuan to A, C will add 50,000 yuan to A's name and subtract 50,000 yuan to B's name in the account book. A spends 50,000 yuan to B, then C's account book record will subtract 50,000 yuan from A's name, and add 50,000 yuan to B's name. 3. The role of data blockchain and the operation of C’s account record bookIn a similar way, it records a user’s ownership of Bitcoin and records of all users’ Bitcoin transactions. It’s just that this “account record book” is recorded by the mining software of every Bitcoin miner on the network. If a Bitcoin transaction is confirmed by the data blockchain, the relevant information will be recorded in the data blockchain. Bitcoin’s “account record book” is called the data blockchain. All data blockchains on the network form Bitcoin’s distributed network database system. 4. The essence of data blockchain technology is a decentralized and distributed structure of data storage, transmission and certification methods. It uses data blocks to replace the current Internet's dependence on central servers, so that all data changes or transaction items are recorded. On a cloud system, the self-certification of data during data transmission is theoretically realized. In a far-reaching sense, this transcends the traditional and conventional information verification paradigm that relies on a center and reduces the cost of establishing global "credit." This point-to-point verification will produce a "basic protocol", which is a new form of distributed artificial intelligence and will establish a new interface and shared interface between human brain intelligence and machine intelligence.

Question 4: What is blockchain: This explanation of blockchain is more understandable. Blockchain refers to a technology that collectively maintains a reliable database through decentralization and trustlessness. plan.
In layman’s terms, blockchain technology refers to a way for all people to participate in accounting. There is a database behind all systems. You can think of the database as a big ledger. Then who will keep this ledger becomes very important. Currently, whoever owns the system keeps the accounts. Tencent keeps the accounts of WeChat, and Alibaba keeps the accounts of Taobao. But now in the blockchain system, everyone in the system has the opportunity to participate in accounting. If there are any 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 his recorded content into the ledger, and record this Within a period of time, the contents of the ledger are sent to all other people in the system for backup. In this way, everyone in the system has a complete ledger. In this way, we call it blockchain technology.
Blockchain technology has become the darling of the financial community in China and has become a hot topic. Domestic Puyin Group has launched Puyin, a tea-based digital currency.

Question 5: Explain in an easy-to-understand manner what blockchain is. Blockchain can be understood as a database system in a sense. The development of blockchain can be divided into 1.0 and 2.0
1.0 is represented by Bitcoin, and its main application is virtual currency or digital currency application. The blockchain at this time can only be used for simple digital currency transactions.
2.0 is represented by the now popular ethereum (Ethereum) and the upcoming hyperledger. Blockchain at this stage can not only satisfyFor corresponding digital currency transactions, smart contracts can also be used to trade custom currencies or assets. If we use the database analogy, the emergence of smart contracts can be understood as allowing users to define functions or stored procedures in the database and call and execute them.
Different from traditional databases, the blockchain introduces consensus mechanism, incentive mechanism, p2p (network), hash and other specific elements, making it open, decentralized and non-tamperable. characteristic.

Question 6: What is blockchain? Can anyone explain it in simple terms? Blockchain is the underlying technology of Bitcoin. It is like a ledger that records all transactions. It is decentralized. What is decentralization? For example, when you buy something on Taobao, you place an order and pay in Alipay. Alipay will not transfer the money to the seller until you receive the goods. Alipay is the third party in that center. Without it, it means decentralization, just like buying things offline. If you pay with one hand and get the goods with the other hand, there is no third party.
The blockchain itself is a series of cryptographically related data blocks generated.
Look carefully to see if it looks like a ledger. The pieces one by one are blocks, and connected together they are the blockchain.
Many companies are developing this technology, including ours, and its prospects are incredible. For details, you can go to our official website and hope to adopt it, thank you

Question 7: What is blockchain technology? What is blockchain? How to explain the concept of blockchain? People in each industry have different understandings, and relevant explanations are gradually emerging due to more and more real-life applications. With the popularization of this blockchain technology, the related results are getting bigger and bigger. If we want to understand this technology, we must have an in-depth understanding of reality.
In the past six months, the concept of blockchain has gradually become popular in China, and a blockchain whirlwind has taken off in the financial circle. Blockchain has attracted the attention and favor of more and more people in the industry due to its unique technical advantages. Blockchain technology, which is decentralized (or multi-centered), highly transparent, cannot be tampered with, and has no single point of failure, is entering the field of vision of financial institutions and enterprises. It has at least been used in digital currency, payment exchange, registration and settlement, Digital assets, traceability and anti-counterfeiting, supply chain, Internet of Things and many other fields have moved from theoretical discussions to practical applications.
"Blockchain" was first introduced with "Bitcoin" released in early 2009. Blockchain has become the basic protocol and technical application for the launch, recording, and circulation of Bitcoin. Although Bitcoin has been controversial since its inception and cannot even be regarded as a "currency" by governments and monetary authorities, the blockchain technology used in Bitcoin has been recognized by governments, including governments and monetary authorities. extensive attention.
Why has blockchain become a rapidly heating up hot technology and topic?
Perhaps the most important of these is that Bitcoin, launched on the basis of blockchain technology, has opened up a kind of Internet user identity verification that has little connection with traditional society (offline) and is completely applied to the online world (online). The exploration and attempt of new technologies and rule systems such as wealth confirmation, transaction records, notarization and verification, etc., provide people with optional paths and unlimited imagination to adapt to the development of the Internet society.
Judging from its application in Bitcoin, blockchain is a set of new network blocks (BLOCK, also called communities) formed by combining encryption technology with the Internet. Bitcoin configuration, netizen identity verification, and Bitcoin (value) confirmation formed by mining, Bitcoin transaction records, and extended encryption of Bitcoin cross-block flow (value transfer) (added block and transaction time identification, etc. Internet protocol rules and accounting (Ledger) system including block chain, full encryption, mutual authentication, etc., including factor) registration and verification. Precisely because Bitcoin is not a substitute for offline legal currency, but is issued and managed by non-legal currency authorities, mainly imitating the model of gold, and is completely new and decentralized protected and supported by basic Internet protocols and strict encryption technology. Internet currency (virtual currency) has thus formed a new set of currency rules and systems that are different from and not subject to real social laws, and can be bought, sold or exchanged with legal currency. It has been more than 8 years since Bitcoin was launched. There has been no record of funds or user information being stolen. Its security has been verified, and its efficiency and cost of fund settlement also have obvious advantages. This has made people's confidence in the blockchain technology used in Bitcoin continue to increase, and people have become more and more aware that although blockchain is a technology and protocol pioneered and applied by Bitcoin, the blockchain Chain is not the same as Bitcoin, and its application is by no means limited to Bitcoin. The application of blockchain can be decentralized or centralized; it can be a public chain model or a private chain model. Therefore, after Bitcoin, blockchain technology is also constantly developing and innovating, and constantly exploring new application fields, especially in the financial field.
The reason why blockchain is valued highly by more and more people is because the development and widespread application of the Internet have caused more and more economic exchanges and transaction activities to be conducted online, and the online world (or online world) society) is rapidly expanding, enriching and active, and online transactions must solve the efficiency and security protection issues of the parties' identity verification, value verification, transaction records, inspection and verification, etc., and require strict intermediaries and agreements (rules or constitutions). In this regard, traditional thinking and customary practices are to follow the development trajectory of the transfer of offline transactions to online and push the common rules and practices of the real (offline) society to the online (network) society. However, in practice, it is increasingly It is difficult to adapt to the needs of online transactions.
For example, party identity verification, naturalThe choice is to use the information on the identity documents protected by the laws of various countries as the basis, and then add account or transaction passwords, as well as biometrics such as Facebook, iris, fingerprints, etc., to conduct identity verification for online transactions. However, this method first makes cross-border Citizen identity information in the interconnected online world is restricted by the administrative jurisdiction of real society... >>

Question 8: Explain in an easy-to-understand manner what blockchain is. The English word is Blockchain. Block literally means block, block, and chain means chain, chain. Therefore, together they are translated into blockchain.
1. Use cryptography technology to encrypt and decrypt so that records cannot be tampered with. Common blockchain encryption methods include hash algorithm, RSA algorithm, elliptic curve algorithm, etc.;
2. The huge amount of calculation needs to be supported by a reasonable reward mechanism. Because every transaction must be recorded, Bitcoin’s blockchain has more than 60 gigabytes so far. Every new transaction requires confirmation of the information related to the trading account to ensure that the transaction is valid. The huge amount of calculation requires a computer with powerful computing power to complete.
In order to encourage the participation of powerful computing power, Bitcoin provides two rewards: one is to issue a certain number of Bitcoins to these computers every day; instead, all transfer fees are awarded to these computers. (The technical term for these computers is "mining machines", and the people who hold the mining machines are called "miners".)
Biying China is working hard on the digitization of assets and has launched the digital currency crowdfunding platform Biying China.

Question 9: What is the so-called "blockchain"? Blockchain itself is a tool called decentralization and trustlessness. For example, when you graduate from university, the current practice is to have a certificate recognized and issued by an authoritative agency as your certificate. This setting is more troublesome, because this is a piece of paper, and paper can be forged, so there will be various gaps. The issuing authority is also a person, and there will be various gaps in the middle. As long as it is related to people, whoever There are various possibilities related to media. The blockchain provides a great opportunity. As soon as you graduate, you will have a record on the blockchain. No one can change this record. This thing exists objectively. You, as a physical existence , and then as a data existence, the blockchain was born. In this case, anyone who wants to check where you graduated can easily solve the problem. This is similar to the big data often involved in social networking (WeChat) and payment platforms (Alipay, Yibao).

Question 10: What does blockchain mean? Regarding blockchain, I think you have already seen the concept on the Internet. Let me explain it based on my understanding!
First, let’s talk about its characteristics: 1. Openness and transparency 2. Decentralization 3. AnonymityName 4. Information cannot be tampered with or eliminated 5. No trust cost
Blockchain is like a public ledger. Everyone has the right to record and read it. Everyone jointly supervises to ensure its accuracy, and The recorded content will be saved permanently and can only be added but not deleted! However, as the number of blocks continues to increase, costs will increase and efficiency will decrease. (I’m not sure whether technology can be used to make up for this. I hope someone who understands technology can point it out.)
Blockchain is divided into public chain, private chain, and alliance chain. Public chain: accessible to everyone, everyone has read and write permissions, completely open, transparent and decentralized. Private chain: Open to individuals or institutions, in which the owner of the private chain can set various permissions to make it partially centralized. Alliance chain: Open to specific organizations or groups, it is also "partially decentralized". According to the ledger at the beginning, members can view and transact, but cannot record and confirm bills, or require permission from the alliance. (The latter two do not have cost and efficiency issues)
Regarding blockchain, countries have begun to recruit talents in this area. For this, you can search online for "Central Bank Recruiting Digital Currency R&D Personnel". In addition, you can increase your understanding of blockchain by understanding its existing applications. What we usually refer to generally refers to public chains. Currently, those used abroad include Bitcoin, Ethereum and other domestic blockchains. Chain
1. Open and transparent: Every piece of data is verified by everyone and can be viewed by everyone at any time.
2. Decentralization: For example, when we shop on Taobao, we conduct transactions through the intermediary Taobao, and blockchain allows both supply and demand parties to directly contact each other for direct transactions through blockchain technology.
3. Anonymity: No personal privacy information is required to complete transactions on the blockchain, only your unique alphanumeric signature is required.
4. Information cannot be tampered with or deleted: Once the data has been verified and recorded, no one has the authority to modify it, let alone delete it!
5. No trust cost: The trust crisis in reality will not appear in the blockchain. Transactions in the blockchain do not require you to trust the other party. Only when both of you have enough "digital assets" to trade can it be carried out, and Under the supervision of the entire network, transactions will not be broken. If you have no idea about the cost of trust, just think about how many intermediaries there are in your city, or just think about Jack Ma, and you will know how big the cost of trust is.
I am still learning more about blockchain. I am Li Ailin. If you have any questions, you can discuss and learn together!