区块链为什么会涨,区块链为什么发展不起来

关键词一：区块链技术

区块链技术是一种分布式记账技术，它是一种基于点对点网络的数据存储和交换技术。区块链技术的特点是去中心化、不可篡改、安全性强，它可以被用来记录任何形式的信息，包括金融交易、智能合约、身份认证等。它不仅可以用来记录交易，还可以用来存储各种数据，如文件、图片等。

区块链技术的优势在于，它可以把数据存储在分布式网络中，每个节点都可以访问这些数据，这样可以避免数据的篡改和破坏。另外，区块链技术的安全性也比传统的数据存储技术更强，因为它可以通过加密算法来保护数据。

此外，由于区块链技术的去中心化特性，它可以用来解决传统金融系统中的信任问题，也可以用来解决传统支付系统中的中心化问题。因此，区块链技术在金融、支付领域可以发挥重要作用，并且可以带来很多的改变。

关键词二：比特币

比特币是一种基于区块链技术的去中心化数字货币，它是一种由点对点网络确认的货币，可以用于在网络上进行安全的货币交易。比特币的特点是，它是去中心化的，不受任何中心机构的控制，也不受任何国家的管制；它的交易是完全透明的，可以追溯到每一个交易的发起者；它的交易是安全的，可以通过加密算法来保护交易数据；它的交易速度比传统金融系统快得多，可以在几分钟内完成整个交易过程。

比特币的出现，改变了人们对货币的认知，也改变了传统金融体系的运行方式。它的出现，使得货币交易变得更加便捷、安全、透明，也使得金融体系的发展变得更加快速，大大提高了金融体系的效率。因此，比特币的发展也是区块链技术发展的重要动力之一。

关键词三：应用场景

应用场景是指将区块链技术应用到实际的场景中，实现实际的价值。随着区块链技术的发展，它的应用场景也在不断扩展，包括金融、物联网、智能合约、政府服务等。

在金融领域，区块链技术可以用于跨境支付、智能合约、货币交易等，可以大大提高金融体系的效率，并且可以解决传统金融体系中存在的信任问题。在物联网领域，区块链技术可以用于实现物联网设备之间的数据共享，从而提高物联网设备的安全性和可靠性。此外，区块链技术还可以用于政府服务，比如电子投票、电子身份认证等，可以大大提高政府服务的效率和安全性。

总之，应用场景是区块链技术发展的重要因素，只有找到合适的应用场景，才能实现区块链技术的价值，才能让区块链技术真正起到作用。

A. What is the popular explanation of blockchain, and you can understand the blockchain with one picture

What is the popular explanation of blockchain, and you can understand the blockchain with one picture

Blockchain is a hot topic recently. Many people are discussing blockchain issues. Recently, some domestic companies have begun to use blockchain technology to develop some products. Blockchain It is an underlying technology used in Bitcoin. This is because the popularity of Bitcoin has made many people pay attention to Bitcoin. However, many people still do not understand what blockchain is. Let me explain the blockchain to me. chain.

Bitcoin is a digital currency that many people are paying close attention to, and the underlying technology of Bitcoin is blockchain. Blockchain is a computer technology and a new application model. The blockchain is like a large database ledger, in which all transactions are recorded. The person who records this ledger is very different from traditional bookkeepers. Traditional bookkeepers are usually led by specialized bookkeepers. The accounting party performs the operations. For example, Taobao and Tmall are accounted for by Alibaba, and WeChat transactions are accounted for by Tencent. In the blockchain, all people participate in accounting. Everyone who participates in accounting has a ledger. .

Let me give you an example. For example, A wants to borrow 10,000 yuan from B. B wants to lend the money to A, but is worried that A will default on the debt after borrowing the money, so he will ask for a loan when borrowing money. A third-party notary helps B write down the account. This is the traditional accounting method, which relies on a third party to gain trust. The accounting books are in the hands of the third party. This kind of accounting There is the possibility of a third party tampering with the ledger, and decentralization means that there is no need for a notary when borrowing money, and there is no need to rely on a third party to gain trust. The decentralized situation is like when B lends money to A, B takes Using a loudspeaker, he shouted, "A asked me to borrow 10,000 yuan. Please help me write down the account." At this time, everyone will take the account book in their hand and record the account. Everyone has an account book and can Avoid the possibility of ledger tampering.

B. What is blockchain and why it is the future development trend

Blockchain is a public database (or public ledger) based on blockchain technology.

Blockchain can add a layer of accountability and security to IoT data and become a future enabler of IoT efficiency, scalability and standardization. It can also serve as an enabler for IoT applications such as supply chain tracking and tracing. For example, in healthcare, blockchain-enabled IoT devices will allow patients to control access to the data collected by these devices.

The technology will make devices more resistant to cyberattacks and provide a detailed record of when another party accessed data. In supply chains, blockchain-based systems, powered by smart contracts, can automate payments based on specific conditions measured by IoT sensors.

Blockchain knowledge points

Blockchain technology plays an important role in the financial fieldThe key advantages are disintermediation and significant cost reduction. First of all, the financial industry currently needs to conduct layer-by-layer audits to control financial risks to prevent single points of failure and systemic risks, but this also results in high internal costs.

And due to the increasing number of regulatory regulations, especially the 2008 financial crisis, the threshold for financial control has continued to rise, and the war on terrorism has led to the scope of anti-money laundering and counter-terrorism financing, which has also limited the breadth and scope of supervision. The depth gradually expanded, leading to a sharp increase in regulatory costs for the entire financial system.

C. What is blockchain

[Definition]

Blockchain refers to the collective Technical solutions for maintaining a reliable database. This technical solution allows any number of nodes participating in the system to calculate and record all information exchange data in the system for a period of time into a data block (block) through cryptographic algorithms, and generate the fingerprint of the data block for linking ( chain) and check the next data block, all participating nodes in the system jointly determine whether the record is true.

Blockchain is a general term for technical solutions similar to NoSQL (non-relational database). It is not a specific technology. Blockchain technology can be implemented through many programming languages ​​and architectures. . There are also many ways to implement blockchain. Common ones currently include POW (Proof of Work), POS (Proof of Stake), DPOS (Delegate Proof of Stake), etc.

The concept of blockchain was first proposed in the paper "Bitcoin: A Peer-to-Peer Electronic Cash System" by the author who calls himself Satoshi Nakamoto (Satoshi Nakamoto) individual (or group). Therefore, Bitcoin can be regarded as the first application of blockchain in the field of financial payments.

[Popular explanation]

No matter how big the system or how small the website, there is usually a database behind it. So who will maintain this database? Under normal circumstances, whoever is responsible for operating the network or system will maintain it. If it is a WeChat database, it must be maintained by Tencent's team, and Taobao's database must be maintained by Alibaba's team. Everyone must think that this approach is natural, but this is not the case with blockchain technology.

If we imagine the database as a ledger: Alipay, for example, is a typical ledger, and any change in data is an accounting type. We can think of database maintenance as very simpleAccounting method. The same is true in the world of blockchain. Everyone in the blockchain system has the opportunity to participate in accounting. The system will select within a period of time, maybe within ten seconds, or maybe ten minutes, to select the person with the fastest and best accounting during this period. This person will do the accounting, and he will combine the changes in the database during this period with Changes in the ledger are recorded in a block. We can imagine this block as a page of paper. After confirming that the record is correct, the system will link (chain) the data fingerprint of the past ledger to this paper, and then This piece of paper is sent to everyone else in the entire system. Then the cycle starts over and the system looks for the next person who can do the accounting quickly and well, and everyone else in the system gets a copy of the entire ledger. This also means that everyone in this system has exactly the same ledger. This technology is called blockchain technology, also known as distributed ledger technology.

Since everyone (computer) has exactly the same ledger, and everyone (computer) has exactly the same rights, there will be no problem due to a single person (computer) losing contact or going down. The entire system collapses. Since there are exactly the same ledgers, it means that all data is open and transparent, and everyone can see the digital changes in each account. Its very interesting feature is that the data in it cannot be tampered with. Because the system will automatically compare, it will consider the account books with the largest number of the same number as the real account books, and the small number of account books with different numbers as others are false account books. In this case, it makes no sense for anyone to tamper with their own ledger, because unless you can tamper with most of the nodes in the entire system. If the entire system has only five or ten nodes, it may be easy to do, but if there are tens of thousands or even hundreds of thousands of nodes, and they are distributed in any corner of the Internet, unless someone can control most of the computers in the world , otherwise it would be unlikely to tamper with such a large blockchain.

[Elements]

Combined with the definition of blockchain, we believe that it must have the following four elements to be called a public blockchain technology. If it only has the first three points elements, which we will consider as private blockchain technology (private chain).

1. Point-to-point peer-to-peer network (peer-to-peer power, physical point-to-point connection)

2. Verifiable data structure (verifiable PKC system, non-tamperable database)

3. Distributed consensus mechanism (solve the Byzantine generals problem and double payment)

4. Nash equilibrium game design (cooperation is an evolutionarily stable strategy)
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[Features]

Combined with the definition of blockchain, blockchain will actuallyFour main features: Decentralized, Trustless, Collectively maintained, and Reliable Database. And the four characteristics will lead to two other characteristics: open source (Open Source) and privacy protection (Anonymity). If a system does not possess these characteristics, it will not be considered an application based on blockchain technology.

Decentralized: The entire network has no centralized hardware or management organization. The rights and obligations between any nodes are equal, and the damage or loss of any node will not affect it. operation of the entire system. Therefore, the blockchain system can also be considered to have excellent robustness.

Trustless: Each node participating in the entire system does not need to trust each other for data exchange. The operating rules of the entire system are open and transparent, and all data contents are also public. , therefore within the rule range and time range specified by the system, nodes cannot and cannot deceive other nodes.

Collectively maintain: The data blocks in the system are jointly maintained by all nodes with maintenance functions in the entire system, and these nodes with maintenance functions can be participated by anyone.

Reliable Database: The entire system will be divided into databases so that each participating node can obtain a copy of the complete database. Unless more than 51% of the nodes in the entire system can be controlled at the same time, modifications to the database on a single node are invalid and cannot affect the data content on other nodes. Therefore, the more nodes and stronger computing power participating in the system, the higher the data security in the system.

Open Source: Since the operating rules of the entire system must be open and transparent, for the program, the entire system must be open source.

Privacy protection (Anonymity): Since nodes do not need to trust each other, there is no need to disclose their identities between nodes. The privacy of each participating node in the system is protected. protected.

D. Why can the digital currency generated by blockchain have economic value

Blockchain is a new route that ordinary people cannot understand. It has great significance for discussion. Cryptocurrency has already It has been recognized by some countries for a long time, so it generates value. In fact, it has existed and been traded for a long time. There are many people who accept the value, so people who don’t understand can stay away. If they don’t understand and object, justCan worry more.

The value lies in the fact that the United States has Bitcoin. If we don't issue a similar coin, we'll be cut off forever. It is also the only way to reduce the outflow of RMB.

Blockchain is a deeper science and technology in the era of Internet big data. It represents the top technical achievements of artificial intelligence and has a wide range of applications. It empowers and superimposes to create more widespread socio-economic value. .

The application of blockchain in payment scenarios is fast and simple, and its calculations in data science are precise and fast. Big data storage and retrieval application scenarios cover all aspects of society, politics, economy, culture, military, science and technology, etc. Manufacturing, including agriculture, has more practical and empowering prospects that can be converted into productivity and improve production efficiency. It is the forefront of digital economics in the era of big data.

The digital currency generated by the blockchain represents the generation process of the blockchain and is the representative of the blockchain. Different algorithms have different names and types of so-called digital currencies, such as parachains and tree-structured chains. It is now a time when all heroes are rising and falling, and there is a mixture of good and bad, and it is also a time when leadership, management and control, talent, and empowerment are moving in depth. stage of development.

The reason why the digital currency generated by the blockchain is valuable is the broader application scenarios of the blockchain. Digital currency is not a currency in nature. It does not have the basic functions of currency stability, payment, storage, and trade settlement. It does not have a sovereign country to prepare a document, and it has great risks and opportunities.

For the digital currency represented by the blockchain, decentralization has extremely positive meaning from a conceptual perspective. The desire for consensus, co-creation, co-construction, and sharing of communism is understandable. Let us try to see how far it can go. Wait!

If you would like to communicate, thank you!

E. 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 "distributed" 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 time. Finally, all results are integrated through the "consensus mechanism" to obtain the final result.

F. Popular explanation of what blockchain is

Question 1: BlockWhat is a chain? Can you explain the principle of 10-point blockchain in plain language: decentralized distributed accounting system
The core of blockchain technology is that all currently participating nodes jointly maintain transactions and The database enables transactions to be based on cryptographic principles rather than trust, allowing any two parties that reach an agreement to directly conduct payment transactions without the participation 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. Behind all systems there is a database, which 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.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, issue numberable, exclusive editions of works, and can target any type of art.The digital form of the 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 consensus technology, fast large-scale ledger access technology, multi-chain general ledger technology that supports business expansion, and interconnection technology between heterogeneous blockchains. wait. 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 underlying 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, financial and block technology have been around for a long time.The history, legislation of digital currencies and blockchain networks are 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 the data blockchain is similar to that of C’s account record book. It records the user’s ownership of Bitcoin and the 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 peer-to-peer verification will produce a "base protocol" and is a new form of distributed artificial intelligence, will establish a new interface and shared interface for 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. The blockchain at this stage can not only meet the corresponding digital currency transactions, but also use smart contracts to customize currency or asset transactions. 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 it to Alipay. Alipay will not transfer the money to the seller until you receive the goods. Alipay is the third party in that center. without itIt means decentralization, just like buying things offline. If you pay with one hand and receive 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?
The most important of these may be that the launch of Bitcoin based on blockchain technology has opened up a new relationship with traditional society ( The exploration and attempt of brand-new technologies and rule systems such as Internet user identity verification, wealth confirmation, transaction records, notarization and verification, which have little connection with offline) and are fully applied in the online world (online), provide people with the opportunity to adapt to the Internet society. Development provides alternative paths and unlimited imagination.
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. Factors) registration and verification, including blockchain connection (Blockchain), full encryption, mutual authentication of Internet protocol rules and accounting (Ledger) system. 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 areas, 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, for the identity verification of the parties, the natural 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 facial recognition, iris, fingerprints and other biometrics to conduct online transactions. Verification, but this method first makes the citizen identity information in the cross-border interconnected online world subject to the administrative jurisdiction of real society... >>

Question 8: Easy to understand Explain clearly what is blockchain. The English name of blockchain 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, so far, Bitcoin’sThe blockchain already has more than 60 gigabytes. 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. Anonymity 4. Information cannot be tampered with and eliminated 5. No trust cost
Blockchain is like a public ledger , everyone has the right to record and read, and everyone will jointly supervise to ensure its accuracy, and the recorded content will be permanently saved, 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!

G. 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 look like this:

This picture is the "distributionSchematic diagram of the structure of a "formula 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 can indeed resist the risk caused by the collapse of a certain node, but intuitively it is also very Chaos and inefficiency. Who will handle my information, and who has the final say on the results?

At this time, the "consensus mechanism" in the definition of blockchain comes into play. The consensus mechanism mainly "stipulates" the following things: receiving a Data requests, who will handle them (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.

When a "rule" is formulated, Some people may like to be questioned. 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 public chains Incentive mechanism. We will start again when we discuss the classification of blockchain and the role of digital currency later.

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 to it and file a lawsuit). They all have my data, why should I trust them?

At this time, the 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 form that the receiver cannot understand at all A string of characters. Behind this encryption method is the support of the hash algorithm.

The hash algorithm can quickly convert any type of data into a hash value. This change is one-way irreversible and deterministic , random, and anti-collision. Because of these characteristics, the people handling my data request can record the information for me, but they don’t know who I am or what I am doing.

So far, decentralization has been introduced How does a blockchain network work. But we seem to have overlooked one detail. The previous diagram is a network. Where are the pulleys and chains? Why do we call it a blockchain?

To understand this, we need to first understand Let's clear up a few knowledge points:

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

Each ring in the picture can be regarded as a block Building blocks, many chains linked together to form a blockchain. Blocks store data, which is different from ordinary data storage: on a blockchain, the data in the following block contains the data in the previous block.

To To academically explain the fields of each part of the data in the block, we try to use a book as a metaphor for what a blockchain data structure is.

Usually, we read a book, read the first page, and then read the second page and Page 3. The spine is a physical existence that fixes the order of each page. Even if the book is scattered, it can still be marked with page numbers.the order of each page.

Inside the blockchain, each block is marked with a page number, the second page contains the content of the first page, the third page contains the content of the first and second pages. 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 pay back 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. It first discusses how financial institutions are subject to "trust based" (based on credit) problem, and then explain step by step how to achieve "no need for third-party institutions" and cleverly solve the technical problems left by predecessors.

Two months later, Satoshi Nakamoto released the open source The first version of the Bitcoin client, and mined 50 Bitcoins for the first time. The block that generated the first batch of Bitcoins is called the "Genesis block", and the genesis block was compiled into Block 0 , not on the chain. It took Satoshi Nakamoto 6 days to dig out this block. This also triggered discussions in the bitcointalk forum. Bitcoin "believers" thought of the Bible, "God created the heaven and earth in six days. Rest in peace on the seventh day."

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

This paper later became the "Bible" of "Bit Theism", and technology became the cornerstone of faith. , the 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 A series of legends such as "decentralization" and retirement, true and false appearances and refutation of rumors, etc., merged the expectations, imagination and speculation of future generations and became "Biblical stories".

There are also people who are not satisfied with the "old The world described in "The Testament" started a new sect, written the doctrine into a white paper, and told the story of their faith in the ten years after Bitcoin. Just like the writing of 66 volumes of the Bible spanned 1,500 years, and another 2,000 years 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%. Recently, The price is 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 reserves. Value and hedging characteristics; digital currencies represented by Ethereum have become the "operational fuel" in its network system; stablecoins represented by USDT and Libra have good payment capabilities due to their low volatility; DCEP The digital currency issued by the central bank represented by the Central Bank has replaced M0 to a certain extent, allowing commercial institutions and ordinary people to not delay receipts and payments when they have no cash and are disconnected from the Internet.

It can be seen that after 10 years of development of blockchain technology, initially And the "biggest" 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? What?

Let us recall what is the essence of blockchain - decentralized dataDatabase, and some corresponding characteristics: traceability, openness, 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 "immediate reimbursement of invoices" - in seconds Level invoicing and minute-level reimbursement accounting greatly 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 complex. 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. , the regulatory authorities will conduct unified review and verification, and investors can also bypassDirect operations through intermediaries.

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.

At the same time, in the process of blockchain evolution,From the highly decentralized public chain, which is accessible to everyone, a consortium chain with different permissions and maintained by multiple centers has been developed, which balances the advantages and disadvantages of the two systems to a certain extent.

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.

H. Why is the concept of blockchain so popular?

Blockchain is the first time that humans have used technology to solve the "credit" problem, and credit is an integral part of almost all human societies. The basis of the activity.

The real blockchain system and the information it records are trustworthy and non-repudiable. Non-repudiation is guaranteed through digital signatures. It is not a new technology and has long been widely used in fields such as online banking and communications. The most important thing is that through open source and decentralized consensus protocols, joining the systemThe more computers there are in the system, the more trustworthy the system will be. When the scale reaches a certain level, no country or organization can control enough computers to destroy the system consensus, thus achieving the trust of the system.

The "absolute credit" provided by the blockchain is wonderful, but it is difficult to be tolerated by the current society because it touches too many fundamental interests, such as trillion-level trading platforms like Alibaba and Amazon and all Banks, the fundamental reason for their survival is to be trusted by people, but the "credibility" of human governance is not competitive compared with the "credibility" of technology. Blockchain has challenged almost all the richest industries in mankind, as well as the prestige of governments of various countries, and even the model of human autonomy. It is inevitable that it will be suppressed and treated with caution for a long time.

The popularity of the concept has led to the development of tens of thousands of "blockchain systems", but currently there are only two real blockchain systems: Bitcoin and Ethereum. All other chains do not have "absolute credit" due to their scale and centralization. Apart from speculation, there is essentially no need to exist.