区块链风云资本结构,区块链风暴作者

今天我们要谈论的是区块链风云资本结构，它是一种新型的金融结构，是区块链风暴作者拓展的一个重要部分。

首先，让我们来谈谈资本市场。资本市场是一个金融市场，它提供了一种可以投资者投资的机会，可以让投资者投资于股票、债券、期货等金融产品。资本市场可以帮助企业融资，可以帮助投资者实现投资回报。资本市场的发展，可以促进经济的发展，改善社会的经济状况。

其次，我们要谈的是区块链融资。区块链融资是一种基于区块链技术的新型融资模式，它可以帮助企业快速融资，也可以帮助投资者获得更多的投资机会。区块链融资的优势在于它可以提供更低的融资成本，更高的融资效率，更高的融资风险控制能力，以及更灵活的融资期限。

最后，我们要谈的是区块链投资。区块链投资是一种新型的投资方式，它可以帮助投资者投资于新兴的区块链技术，以及区块链项目。区块链投资的优势在于它可以让投资者投资于新兴的技术，投资者可以获得更多的投资机会，而且投资者可以分散投资，以降低投资风险。

以上就是关于区块链风云资本结构的介绍，包括资本市场、区块链融资和区块链投资。这种新型的金融结构可以帮助企业融资，也可以帮助投资者获得更多的投资机会，为经济发展和社会发展做出重要贡献。

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Ⅰ How to introduce the blockchain in 3 minutes in a simple and easy-to-understand manner, and what its commercial value will be in the future

There is a real joke, an engineer from Ant Financial, He wrote a blind date resume, and the job description in it was "code farmer", but no one clicked it for a long time. Later, he changed his work experience to "blockchain" and received 381 love letters at once.

From workers in high-tech industries to square dancing aunties, it seems that everyone is participating in the blockchain carnival. So what exactly is the seemingly mysterious blockchain? After reading the following content, you will have completed the journey from beginner to beginner.

1. What is blockchain?

To put it bluntly, the blockchain is "everyone keeps accounts together." Any database needs a big housekeeper to be responsible for "accounting" (maintaining the system and entering data). But after using blockchain technology, the concept of this "central steward" disappears, and each of us can participate in accounting. So the question is, whose record will ultimately prevail? Of course, it is the person who completes the work well and quickly. A system that strictly adheres to fairness will select this person based on the algorithm, write the contents of his records into the ledger, and send the contents of the ledger during this period to everyone in the system. of others to perform backups.

2. What is so powerful about blockchain technology?

Any new thing must have unique advantages if it wants to develop rapidly, and the same is true for blockchain technology. First of all, blockchain technology ensures the security of the system. In the absence of a central steward, everyone is a defender of the home, which means that destroying some nodes has no impact on the system at all. Second, the recording process cannot be cheated. Everyone in the blockchain system has the same ledger, and the entire process is open and transparent. The system will determine the final result based on the opinions of the majority. It is difficult for an individual to hack into so many computers at the same time, and it is meaningless to just modify one's own results. Who would do such a thankless task? Third, and most importantly, the blockchain completely abandons the existence of "credit intermediaries". Credit intermediaries are the platforms we must pass through when transferring money, such as traditional banks. Now any two strangers can directly complete mutual trust transfers, and the efficiency has been improved not only a little!

3. What is the use of blockchain technology? ?

As mentioned earlier, the main advantages of blockchain are that it does not require the participation of intermediaries, the process is efficient and transparent, the cost is very low, and the data is highly secure. That is to say, any industry that has needs in these three aspects can use blockchain technology. Here are a few examples:

In the banking industry, the use of blockchain technology is equivalent to updating a digital, secure and tamper-proof General ledger books. In fact, Swiss bank UBS and Barclays Bank in the UK have already begun experiments, hoping to use it as a way to accelerate back-end system functions and clearing and settlement capabilities. Some institutions in the banking industry claim that blockchain may reduce middleman costs by 20 billion.

In terms of car rental, blockchain also has great potential. A future customer selects the car they want to lease, entering it into the blockchain's public ledger; then, sitting in the driver's seat, the customer signs the lease agreement and insurance policy, while the blockchain updates the information simultaneously. This is a foreseeable future for car sales and car registrations.

In terms of medical and health care, blockchain technology allows hospitals, patients and all parties in the medical benefit chain to share data in the blockchain network, and Don’t worry about data security and integrity. This means more accurate diagnosis, more effective treatment, and an improvement in the health system’s overall ability to deliver cost-effective care.

Blockchain is not cold-blooded. It has been implemented in applications that are closely related to our lives. For example, the application of Ant blockchain ranges from public welfare, to mutual insurance, to traceability of product authenticity, to traceability of rental housing.

In 2018, blockchain will "return to the world."

Blockchain, do you really understand it? Since it says three minutes, let’s give a simple answer.

1. What is blockchain;

2. What are the benefits of blockchain;

3. What are the uses of blockchain;

4. Blockchain technology and existing problems;

Let’s first look at the first question: What is blockchain

Let’s look at it literally. Blockchain is called Blockchain in English. This is a very good word. The English name is well chosen and the Chinese translation is also very beautiful.

1. What is a "block"?

You can think of it as a record, or anything, which forms such a record during the production stage. This thing can be any physical or virtual object in the Internet of Everything.

For example, if you generate a Bitcoin, which is a thing, it actually corresponds to a block. This block is a record of what it is.

When you produce a bottle of medicine in the future, a block is actually generated when this bottle of medicine is produced. When it leaves the factory, it needs to be recorded once, and this corresponds to it one-to-one.

This is the first dimension.

To make it easier to understand, for example, each of us is born with a unique identifier, which is our DNA. All species in the world have different DNA. Every individual's DNA is different.

Your parents can name you Zhang San, Li Si, Wang Wu. These names can be repeated, just like a bottle of medicine, whether it is aspirin or penicillin, these can also be repeated. famous. However, human DNA is different. Even if you have identical brothers and sisters, your DNA is different, so this is your unique identifier. And once your DNA is formed, it cannot be changed. This is a benefit of the blockchain.

2. What is a "chain"? The chain is actually a process. You can think of it as a transaction process. After this bottle of medicine leaves the factory, it enters the warehouse from the workshop and passes through a certain door, and it will record the process.

Of course, this requires automatic computer recording, and the cost of human recording is too high. Then, packing is a process, and transportation to the cargo transfer station is another process. Then it is loaded into a car and transported to the wholesale station, which is the next process.

Every step of the process is recorded. It is a process to go from the wholesale station to the store, it is another process for the people in the store to receive this batch of medicines and put them on the shelves, and it is still a process for you to buy them. Finally, when the whole process is connected, you will have a way to track the entire process of this bottle of medicine and know its authenticity, because once this bottle of medicine is produced, it will be bound to the blockchain, as well as to people and people. The same is true for DNA binding, which cannot be changed, but it can be seen and tested.

The doctor can also determine whether this person is you by testing DNA. So in terms of nature, if we virtualize it, it is actually a smart contract. You have signed a sales relationship with one of your customers. Once this happens, it cannot be changed. Then everyone can only execute it. This execution process is the same as the tracking of drugs I just talked about.

Second question: What are the benefits of blockchain?

1. Mathematically speaking, it is very beautiful. It changes from the past that you had to own something before you could know its properties to that you don’t own it, but you can ask questions Learned many details about it.

Mathematically speaking, this is a perfect asymmetric situation. You can tell whether it's true or false, but you can't change it.

2. Theoretically speaking, blockchain is veryIt is safe. For example, if you are involved in the process of a bottle of medicine, others cannot see this information. That is to say, if you buy this bottle of medicine, you can know where it comes from, but others cannot. knew.

For the same reason, for example, if we sign a contract, others can verify the contract. If you go to a bank for a loan, he can ask you the amount.

However, he cannot obtain this contract, and he cannot steal this contract from your computer.

Blockchain also has some very interesting properties. For example, a block chain can be divided into two at will, or several can be combined into one, etc.

3. Blockchain is transparent, which means that everyone abides by this algorithm and there is no special agreement in private. So, if you believe in this algorithm, it means you believe in me and believe that I didn't do anything fishy. I will not secretly do anything in the contract to make you suffer losses.

This is a beautiful place theoretically and mathematically.

In the third block, let’s take a look at the uses of blockchain

1. Bitcoin is a cryptocurrency, and the Ethereum currency that everyone uses now is also a cryptocurrency. Of course, you can make another one based on it, either Zhang three coins or Li four coins. As for whether it can replace the currency of the future, this is doubtful.

2. Financing, we used to divide financing into three stages: the first stage is to get a loan from the bank. If you want to open a restaurant, you need to mortgage something. The second stage is that you issue some stocks and I sell 10% of the stocks, so that I can obtain part of the funds.

The third stage is actually crowdfunding. For example, if I want to write a book, it may cost 50,000 yuan for the publishing house to publish it. If any of you can give me 50 yuan at the beginning, I will use it in the future. Once the book is written, give everyone a copy. You will get the book, and of course I will publish it. But there is a problem. For example, I sell this book for 100 yuan and you get it for 50 yuan. What if my book sells very well, assuming I sell 100,000 copies, but you don’t seem to benefit from me? what to do?

Is there a fairer way to measure everyone's contribution? One way is to issue a cryptocurrency (ICO). When the business we do becomes bigger in the future, you can benefit from it.

3. Smart contract, for example, sign a contract. In the future, the smart contract can become like this. All the nodes in the middle are determined when the contract is signed, such as building or decorating a house for you. , your payment must be given to me at any stage of the decoration. If you accept it, no problem, the payment will be automatically given to me.

You can even sign with my supplier, which means that as soon as my money arrives in my account, I will give it to my supplier immediately. This will save a lot in the futureThe issue of triangular debt includes the issue of arrears to migrant workers.

Blockchain can also be used for property registration, car registration, etc. Of course, another great use is gambling. In fact, gambling is the most willing to adopt new technologies because it is closely related to money.

After talking about the benefits of blockchain, let’s take a look at the technology and existing problems of blockchain.

Today’s blockchain is basically the second generation and the first generation. It is the Bitcoin generation. It has many problems. It is not a platform, but is actually a specific application.

The second generation is represented by Ethereum. It is a platform on which you can issue your own coins, and it removes the concept of mining machines, so its transaction costs will be much lower. . The reason why ICOs are everywhere today is because with Ethereum, you can issue coins. Unlike in the past with Bitcoin, you had to completely copy its formula and copy it again. Today you are on Ethereum. , it is easy to issue your own currency, just like you can easily make your App on the Android operating system today.

There are three problems with Bitcoin transactions

1. The transaction delay is very long. I asked people who specialize in Bitcoin transactions and the delivery time ranges from two hours to two hours. Days wait, so it is very inconvenient for you to use it to launder money. After the RMB is converted into US dollars, it may fall by 20% in two days, and you will lose 20% of your money.

2. It cannot be distributed. Like Bitcoin, the early people took away a lot of its shares, so how to distribute it in the future is also a problem. No one knows clearly, so it is difficult to use it as a currency. a currency. Because if it really becomes a currency that everyone uses, it will be equivalent to the first few people taking away a large part of the world's property.

3. Transaction costs are high. For example, a cup of coffee at Starbucks in the United States costs $2.50 on average. You usually pay money at the counter, and the transaction time is only one minute. If you want to use Bitcoin, you have to wait two hours before you can get your coffee, and the transaction costs are extremely high, the electricity bill alone is $20. In other words, if you pay $2.50 for coffee, the transaction cost of electricity is $20, so this is unrealistic.

Blockchain has high risks. This risk is not only a technical risk, but also a policy risk. In fact, this is also an opportunity. Whoever solves this problem will get the opportunity. Its transaction costs are also very high, so whoever can develop new underlying technologies and reduce this transaction cost will make a lot of profits in the future.

Some people say it is the next generation of the Internet. I don’t agree with this, but it will definitely be a supplement to the Internet. Some people say whether it can subvert the central bank, but this is not certain, because there is no reason why the central bank or these big banks cannot do this themselves, so those who expect it to subvert the central bank may be too happy too early.

Perhaps in the end it was these large financial institutions in the past that used the blockchain to update themselves.

Talk in the vernacular and get useful information!

Literally, blockchain is blocks and chains, and some relationship between them. It is essentially a distributed accounting method and a network database system that cannot be tampered with.

The current development directions include digital currency, payment, smart contracts, defi finance, web3 and so on. It is still in the initial stage of development and is a back-end technology. Most projects are still speculating and financing.

Today’s Afghanistan may best prove the value of Bitcoin, and there is no problem with value storage

Blockchain is not just a technology, it is a way of trust transfer, value The way it is delivered may have huge potential in the future.

Keywords: block, chain, database, ledger, Afghanistan, currency speculation, value, technology, market

First, what is a blockchain? Blocks and chains are an accounting method and a form of network data storage.

Literally speaking, blockchain refers to blocks and chains. This block actually records the transaction records of the entire network, or the execution result data of smart contracts, etc.

Every once in a while, the entire network will produce a block. This block records all transfer data, and the blocks need to be connected by some kind of "chain".

This chain is an encryption algorithm. Some information of the previous block is used to calculate and obtain certain information of the next block. They are linked together. The latter block can trace back to the previous block and needs to be modified. The next block must modify the previous block, all the way to the first block. Regarding the details of these issues, I have written many articles before. If you are interested, you can go back and take a look.

Blockchain is actually an accounting method, or a database storage method. Please pay attention to what I say below. The whole process is the operating mechanism of blockchain.

Each node in the entire network has the same status and runs the same program. This program is used to collect, encapsulate and package all transaction record data records that occurred in the entire network within a period of time. Then broadcast it to the entire network

Let’s take Bitcoin as an example. Once this packaging and encapsulation is completed, you can obtain the right to produce the block. A certain amount of Bitcoin can be issued every time a block is produced. Since the nodes in the entire network run the same program, there is no center to control everyone. Therefore, the currency issued is irrevocable and cannot be changed.

How to decide who has the right to make a block? This requires the use of the so-called consensus mechanism, which is to establish a rule and use who produces the block as the benchmark to solve the problem of network consistency. The mainstream consensus mechanisms include POW mechanism and POS mechanism. Proof of work and proofof stake. Proof of work, who has done more work, and proof of equity, who has staked more assets

Pow means that everyone calculates a difficult mathematical problem together. Whoever calculates it will win. Has the right to produce blocks. Pos means that everyone takes out their family assets as mortgage, and whoever mortgages more. It is possible to be selected as a block producing node.

The essence of this approach is that you have to pay a certain price and receive a certificate of investment, which essentially builds a kind of trust.

When all these tasks are completed, a block can be produced, and the block will be connected to the previous block one by one. This is the entire block sequence. Note that the entire blockchain world will produce many blocks, connected to one chain after another, but everyone will only recognize the longest chain, and short chains will be discarded.

To put it simply, each network node uses a program to package transactions within a period of time, and then connects the transaction blocks one after another and saves them in each node, but an encryption algorithm will be used in the process. Ensure that node information is not leaked, ensure that user information is encrypted, and ensure that the information in the block is not hacked or tampered with.

Second, the block The current development of the chain, various projects and significance, at this stage are more about currency speculation, and there is no problem with value storage.

Blockchain has been developing for twelve or three years since the Bitcoin white paper in 2008. It has also experienced various evolutions and developments.

For example, now it has gone from being able to issue currency in a distributed way to now having huge functional expansion. The landmark event is the birth of the Ethereum smart contract.

I have explained many times that a smart contract is an automated contract signed by two or three parties. It will be automatically executed as long as the conditions are met. It is essentially a program with infinite possibilities and the judge in the blockchain world. Various functions can be input into the program, and the program exists. Blockchain has become rich and colorful.

Current blockchain applications mainly include the following aspects: smart contracts, payments, cross-chain assets, oracles, defi, web3 storage, etc. I will briefly mention two. Let’s take an example and talk about its commercial application.

For example, defi applications are quite popular on Ethereum now. Defi is decentralized finance. Abbreviation for decentralized finance.

What does it probably mean? It is to move all financial-related businesses in real life, such as mortgages, insurances, and loans, onto the blockchain.

This field is very popular now, and the reason is simple. It is very suitable for blockchain. As I said, a smart contract on the blockchain is a contract. If the contract conditions are met, execution can be automatically triggered.

In the past you might have gone to the bankApplying for a loan can be very troublesome, requiring various signatures and various verifications, and the bank may not be open on weekends and nights

The blockchain network operates 24 hours a day. If you want to run various assets on it and do various mortgage transactions, you only need to click and there is a software terminal.

Of course, the real assets will be frozen in the process and mapped to virtual assets. After the transaction is completed, they will be exchanged for real assets. Cross-chain technology and oracle technology may also be used in this process, which I have written in detail in other articles.

It roughly means cutting off banks through decentralization, and direct point-to-point transactions. The security of transactions is guaranteed by blockchain technology, code and cryptography.

There is also the current web3 storage class. For example, the leading project fil. His vision is to take out all the scattered hard drives. Break all the data and information that need to be stored on the network into small pieces

and then distribute them to the entire network. When we want to use network data in the future, we no longer need large network database or server. In this way, Internet giants cannot charge high service fees. There is no way to maintain a monopoly.

If you want to obtain stored information, just take a taxi online like dd. You pay for a taxi, so that information on the Internet can flow freely. Costs will drop significantly.

Of course, these visions are grand and huge, and the current blockchain development is still in its early stages. There are still some technical difficulties to be overcome and some underlying systems to be established, but there is no problem in this direction.

The original digital asset projects like Bitcoin have now been proven to be very safe. Just like this situation in Afghanistan, the first thing that comes to my mind is Bitcoin. He is the first violent and unplunderable asset.

Your house may be occupied and blown up, and your gold may be robbed. And if you have Bitcoin, it's much easier. He can't snatch this thing away, because the mnemonic phrase and private key are in your mind, and he doesn't even know whether you have this thing in your mind. If you want to pass it on to your child, just ask him to memorize the key and mnemonic phrase.

It is precisely because we are now in a stage of financing and bubbles that all the news you see on the Internet is still speculation.

Also, this thing is a back-end technology. For example, Guangdong Province already has blockchain invoices. For example, there are already some blockchain apps for judicial certification, but for the front-end For you, you can't feel it. There is an extra string of hash codes on the invoice, can you tell the difference?

This is why when it comes to blockchain now, everyone is speculating on coins, but in fact it has certain applications and future technical logic.

Third, it is essentially a mechanism of trust.Exploration of value transfer methods and social governance methods.

What is the essential value of blockchain? The most important thing is that it is a way of credit transfer. Because there is enough credit, real-life assets and property values ​​can be spread on the Internet in the form of information codes.

Mainly in these aspects.

First, before Bitcoin, people did not know how to protect a piece of information, because information on the Internet can actually be copied. Bitcoin solves the problem of uniqueness of information assets. With scarcity, there is value in transactions and storage.

The second is decentralization and disintermediation. We used to do everything. All require some kind of intermediary. For example, when you borrow money, a bank acts as an intermediary, and when you buy a house, various institutions and real estate agencies act as intermediaries.

You cannot buy or sell directly. Because you don't have enough credit. We usually come to find a third party, but the third party is usually made up of people and may also do evil.

For example, the master who could whip five lightning whips a while ago. If he calls you all kinds of names at the beginning, you may be frightened. You won't know he is a liar until he is punched and lying straight there. This is human credit, which is unreliable

Blockchain ensures credit through code, cryptography, and consensus mechanisms. We no longer need a powerful third party. Note that this third party will often become a monopoly boss.

The third is to reduce the cost of coordination, communication and entry barriers.

If we want to become richer, we need to trade in the market. Transactions require coordination and division of labor. Essentially, the companies and organizations we work for are intermediaries.

You have to integrate your resources through this kind of intermediary, transform your labor force, your brainpower, and your ingenuity into final products and sell them on the market.

The smart contract technology of blockchain technology can break up these contracts in a decentralized manner. People in the market can combine freely to establish a new type of organization that is completely transparent and cannot tamper with the rules, which is a blockchain autonomous organization. The future of this kind of organization may be more promising than that of ordinary joint-stock companies.

You can join or quit an organization at will, and the trust between you and others has been resolved. You can cooperate with others and sign smart contracts to complete joint collaboration and complete a certain product. We no longer have to worry about some big capitalist taking advantage of everyone and getting the bulk of the profits.

So the Bitcoin blockchain is essentially a big social experiment, through the consensus mechanism, the decentralized decision-making method, and the distributed signing of smart contracts. Gradually and completely change the original appearance of our society. Restore the original nature of the market economy, point-to-point, direct communication between peopleThe ideal of ease.

To summarize. Blockchain is a block of information connected together through an encryption algorithm. It is essentially an accounting method and a network data structure

Through decentralization, you can do finance, storage, and decentralize many things, but now it is still very In the initial stage, most projects are still in the stage of speculation, financing and concept development.

The value storage capability of the blockchain has been proven to be problem-free, very safe, and cannot be plundered by violence.

The essence of blockchain solves the problem of credit intermediary, and at the same time can reduce the cost for people to work together, lower the threshold for enterprise entry, improve social efficiency, make social transactions larger, and allow We are richer.

I recommend the book linked below, it is easy to understand. Like You Pump tells the history of the birth of blockchain, the underlying technical logic of blockchain, and some mainstream projects. Learn some knowledge about blockchain, feel more at ease, and no longer worry about whether it is a scam.

Ⅱ Bull market in the currency circle: Some people make profits of over 100 million, while others leave the market in disappointment | Extraordinary "epidemic" year

Editor's note

In the online world, we laugh at ourselves as workers. We have no names, only symbols.

But in the real world, we are riders, teachers, flight attendants, screenwriters, financiers, tourists...

In the past 2020, we were just a drop in the sea of ​​all living beings, and we were also the common people. The oneness of breathing.

When ordinary life comes and encounters an extraordinary "epidemic" year, we are worried and confused together, but also moved and looking forward to it.

During the Spring Festival of the Year of the Ox, China Business Network specially launched the special topic "Extraordinary 'Epidemic' Year". These seemingly ordinary human journeys reflect the extraordinary changes of the "epidemic" year, and also describe the endless soul of craftsmen.

If every day without dancing is a failure of life, then every ordinary and extraordinary person among us is making life more passionate.

Text/Xun Shilin

The past 2020 will definitely leave a mark in history.

Since mid-January, the black swan of the new coronavirus epidemic has spread around the world. In this era of globalized capital flows, no matter individuals or institutions, whether poor or rich, one issue that everyone is worried about is what to do with their wealth.

Panic became the norm. On February 3, the first day the A-share market opened in the Year of the Rat, the Shanghai Stock Exchange Index fell 8.73%, and more than 2,900 stocks in the two cities fell by the limit at the beginning of the session. The same is true for overseas markets. In March, US stocks experienced circuit breakers four times in 10 days, and the US Congress even passed the largest economic stimulus plan in US history of US$2.3 trillion.

withOn the contrary, digital currency has experienced a year of comeback. From the big rise at the beginning of the year to the March 12 tragedy, Bitcoin once fell to a price of less than $4,000. Over time, it recovered and re-entered the upward trend, entering the first year of DeFi. At the end of the year, Bitcoin ushered in a big explosion. By the beginning of 2021, the price reached US$40,000, pushing the currency circle further. It seems that even the old leeks began to shout that the bull market has arrived.

So, in 2020, have people in the currency circle really made money?

Trader born in 1998: Trading profit of over 100 million

"I would like to introduce you to a great guy, born in 1998." A senior currency practitioner This is the introduction to the author.

His name is Qingtian (pseudonym). He was born in 1998. He is 22 years old and has graduated from high school. For Qingtian, 2020 is a year of reorganization and a comeback. Three years after bidding farewell to the currency circle, he returned to the currency circle and reappeared on the trading platform of the crypto asset market.

As lucky as he was, he happened to catch up with the bull market. This year, Qingtian made a profit of more than 100 million yuan from trading in the crypto asset futures market. "Although my assets are only more than 10 million yuan, for me, it can be regarded as realizing the value of being a trader."

But now he suffers from severe insomnia and only does Sleeping four or five hours is very stressful. "You see, now we basically chat in the evening." At only 22 years old, he is more cautious and mature. "Although I had about 30 million yuan in assets at the time, I was very cautious in my operations this year because of previous failures."

Qingtian recalled the joys and sorrows of just entering the currency circle. years.

In 2017, he just turned from the stock market to the crypto asset market. At the end of 2016, digital currencies such as Bitcoin began to enter the public eye.

2017 can also be called the first round of bull market in the confidential asset market. However, unfortunately, it began to stagnate in the second half of 2018, and then another round of bull market occurred at the end of 2020, which happened to be a cycle on a sunny day.

"At the beginning of 2018, a lot of big things happened in the currency market, and the market was also crazy. I made my first million in my life."

Unfortunately, in 2018 In February of that year, Qingtian believed his friend's words and thought that Bitcoin would plummet, so he tried to go short, but his position was liquidated. In five or six days, Qingtian lost 20 to 30 million yuan.

The maximum profit from short selling is only 100%, but there is no upper limit for losses. In 2018, Qingtian not only suffered an investment failure, but was also deceived by his "partner", who simply took the money and ran away.

"That was when I was most broken down. I was bankrupt and even thought about committing suicide." Qingtian said.

But Qingtian did not give up. He kept reviewing his past experiences and opened a Weibo account, told about his experience. "One day, someone was suddenly willing to give me start-up capital. That was a turning point in my mentality."

Qingtian started to form his own paid group because a big investor in the group gave some good investment advice. "He gave me one Bitcoin, plus the other income I earned, and I had a chance to make a comeback. With this one Bitcoin, I later doubled my fortune dozens of times."

Looking back After making a comeback in 2020, Qingtian said: "For me, 2020 is a year to prove myself, and it is also a magical year. Looking forward to 2021, I think there will still be some opportunities in the currency circle. After all, the Federal Reserve is still going all out to print money. Banknote machine. My advice to people who are interested in the currency circle is that this market is full of risks and opportunities. Sometimes you think of heaven and sometimes you think of hell."

New media people who sit and watch the ups and downs: No money is made in the bull market

"Many things cannot be considered with hindsight from God's perspective. There are no what-ifs in this world. In 2018, everyone was very hesitant. At that time, many people even thought about whether this industry would disappear in the future. . The same is true for the bull market in 2020." Xiao Lizi (pseudonym) expressed his feelings about this year.

According to Xiao Lizi’s description, he also entered this circle in 2017. "I have been speculating on digital currencies for more than three years. I joined a blockchain company in December 2017 to take charge of the new media sector, and have been exposed to digital currencies since then."

Xiao Lizi also witnessed the popularity of the currency circle, Even crazy. “It started to get popular in 2017. At that time, ICO (initial coin offering) was very popular. To put it bluntly, traditional companies have to reach a certain scale before they can go public. However, in the currency circle, ICO only needs to have an idea and write a white paper. You can raise funds in the market."

"By 2018, the bear market will be a mess, and many projects will eventually return to zero."

Xiao Lizi said that in 2020, he Didn't make much money. “Maybe it’s also because I entered this industry in a bear market. I’ve never experienced a big bull market, and I’m relatively conservative in my thinking. When the big trend comes, I see it rising a little and think it can’t go up, and then I start to go short against the trend. The loss is very serious."

Xiao Lizi does not have many ideas about the trend of digital currencies in 2021. He just believes that the bull market will not end so soon, because in the past bull markets were driven by the main force of Bitcoin. "They are purely pursuing profits, and the cycle of opening positions, pulling orders, and shipping is like this."

When talking about whether digital currencies have collectible value, Xiao Lizi said: "I have no idea about digital currencies. I don’t have much belief in it. I regard it as a speculative product. But I keep some Bitcoins. No matter whether it goes up or down, I won’t sell them. I just treat them as a collection and leave them to my children in the future. Maybe they will be worth 100. That’s 10,000 yuan each.”

An unemployed person determined to leave: Just missed the so-called "bull market"

"Hey, I ran away before the bull market. Now I think, I might have to break my thigh."

For Xiaoxue (pseudonym) It is said that the currency circle in 2020 is like a dream. She is 25 years old and originally worked in investment-related work in the primary market. "Later, my boss led me into the currency circle, and I felt that this thing was really magical."

Xiaoxue came into contact with digital currency in 2018, when she joined a financial media company. "I'm afraid it's really hard to imagine how fanatical this circle was in the first half of 2018. When everyone in the circle talked about this matter, they would pretend to be X."

According to Xiaoxue According to the description, when she first joined the company, the company gave employees FT (digital currency) ICO quota, and she got a quota of 4,000 yuan.

She said: "What I didn't expect was that FT increased 100 times in two weeks, which was very crazy. But because the ICO quota was locked and required mining to unlock it every day, I didn't do it at that time. Not completely sold."

According to Xiaoxue's description, she had "lost her mind" because of the fierce rise at the time, and later invested in the new digital currency issued by Fcoin. "But basically no one accepted the new offer, hahahahaha, I lost money."

Xiaoxue did not give up the idea of ​​getting rich in the currency circle, and then bought Ether and Bitcoin intermittently. "But I couldn't see the hope of getting rich suddenly, especially when Bitcoin plummeted in the first half of last year, so I sold everything and fled."

"However, what I didn't expect was that after the crash, A big bull market is coming. Maybe, without faith, you can’t make money in the cryptocurrency industry,” she said.

When talking about his views on digital currency in 2021, Xiaoxue felt that he might never return to this circle again. "I don't believe in Bitcoin anymore, and I don't believe in anything else. Maybe the future trend will be more volatile, and maybe it will rise, but I don't care anymore. I have decided to invest in the stock market!"

< p> A Kun (pseudonym), a senior practitioner in the currency circle, told the author that in fact, there are too many people with stories in the currency circle. "Every industry will have its losses and profits. You cannot draw any conclusions just because of one or two bull markets and bear markets."

Time never stops for anything, and the story of the currency circle continues. , for Akun, although there are times of success and failure, the wave has not stopped. Digital currency is an opportunity in the eyes of money, and it is also the destiny that technology brings to mankind. His eyes are not only focused on 2021, which has already arrived.

A Kun said: "Digital currency is a major trend, just like the significance of the unified currency of the Qin Dynasty. Maybe one day in the future, the whole world will use the same digital currency (BTC), and it will circulate globally. Blockchain technology will also be the future of mankind, because I firmly believe that technology and technology are the ultimate mysteries of the universe. Quoting MuskIf this happens, humans will walk out of the earth, settle on Mars, and use doge. ”

Ⅲ What kind of blockchain knowledge is there in the film?

In the movie, Bitcoin’s storage method, premium ability, anonymity and global circulation have become the driving force behind the movie. Important clues for the development of the plot...
Xu Zhiyao (played by Zhang Jiahui), a company's financial officer, reported to the Independent Commission Against Corruption because he couldn't stand the company's money laundering practices. In order to protect himself, he bought several of the black money Bitcoin, borrowed from friend Chen Jingci (played by Liu Qingyun), is stored in the computer of the Independent Commission Against Corruption.
Blockchain: Reaching a consensus, the "pig" continues to fly. If Bitcoin is compared to a fish, then the fish farmer The pond, the depth of the pond, the key for the fish, etc., all belong to blocks; and the management logic between them is called a chain.
The method adopted by blockchain in order to ensure that historical data cannot be tampered with Yes, let each participant keep a database account book, that is to say, there is only one chain in the entire network that is recognized by everyone, and then let everyone save a copy so that no one can deny it. It is like being in a backward country In a small village like this, it is clear who has done something good or bad, and who owes someone a few chickens and cows. It is quickly spread by word of mouth. This means that everyone has a ledger in their heart. The stories are all in everyone’s memory, and no one can deny them. But in the information age, the amount of data and transactions on the entire network has surged, and a large number of transactions are generated every second. How to ensure orderly accounting? If transaction information Spread in the network at any time, without a mechanism to standardize the process of transaction confirmation, then this accounting method will not work. If it can only generate a new account page every once in a while, such as ten minutes, the nodes in the network It’s time to verify the transaction data in this account page. Taking Bitcoin as an example, after each transaction occurs, it will be sent to the network. The nodes participating in accounting will package these transactions into blocks and check these one by one. Whether the transaction record meets the requirements. When the transaction record fills a new block, additional work needs to be done to package the transaction and generate a new block. The process of block generation is also the so-called "mining process". Those contributions Friends who use computing power to participate in the generation of new blocks are called "miners".

IV Deng Pengfei: Chain reform/digital reform companies need to prepare five centers

Deng Pengfei, chain reform/ Economist of digital reform, he serves as the global president of Hainan Chain, co-founder of the brand chain merchant·On-chain Life Century Network Incubator, and is currently the head of the "Equal Rights for Enterprise Securities and Shares" project group at Beijing Open University and the former Softbank Financial Research Institute in Japan. One of the earliest industry implementation experts in China to use blockchain technology to serve enterprises. He has deeply served 70+ enterprises in chain/digital reform. In 2019, he was the first to propose the business model of "equal rights for securities and shares" for enterprises. In 2020, he co-founded The brand digital chain provider has implemented the AB pass economic model for many companies, from mergers and acquisitions to listings, and has won high praise from the companies.

Where are the chain reform/digital reform companies?

Enterprises must first figure out why they need chain reform/digital reform, in order to know which companies are suitable for chain reform, and how to maximize the value of the company through chain reform. Is it right? The two core needs are how easy financing and increasing sales scale can help.

Enterprise chain reform/digital reform, the first thing to solve is the production relationship problem with users. Every consumer is the creator of corporate wealth and should also be the distributor of rights and interests. Participating users The more there are, the more dividends will be distributed and the higher the market value will be. Only by adopting the blockchain algorithm can we completely change the traditional business algorithm of having fewer people and paying more dividends.

Many people regard "chain reform" as a way of financing, which is wrong. Otherwise, it will become an illegal fund-raising "coin issuance" behavior cracked down by the state.

Without currency issuance, what role does enterprise chain reform play?

Many experts have put forward subjective opinions. Blockchain is just a technology that can be traced, cannot be tampered with, etc., and cannot be used in finance, turning it into a "Ponzi scheme" or "private listing". Behaviors that undermine the financial order such as "coin issuance" are all attributed to the blockchain. In 2017, Deng Pengfei had an in-depth collision with Sun Xiaolei, director of the Finance Department of Guanghua School of Management at Peking University, on this issue and concluded that: Blockchain should play a financial role in the non-financial track. This is the correct positioning of enterprise chain reform. The minefield is that it cannot be used for financing.



Repositioning enterprise chain reform: accelerating commodity circulation and expanding sales scale

The blockchain distributed super ledger can effectively convert unlimited Large sales flow is related to constant digital tokens. After adopting the correct business model, users can be turned into owners. The "token economy" can be correctly used to give full play to the advantages of consumers and consumer capital to accelerate sales scale. Multiply, rather than use it in financing activities.

Therefore, chain reform/digital reform companies cannot first rely on issuing tokens (coins) to raise funds. Instead, they use the token economy to unite users and become owners, expand sales scale and accelerate commodity circulation.



Which companies are suitable for chain reform: Any company that can create C-end users can carry out chain reform

Enterprise chain reform/digital Five centers that need to be prepared for change

Blockchain technology originated from Satoshi Nakamoto, was developed in the United States, and developed in China. China’s commercial applications rank first in the world, with various public chains, DAPPs, and wallets There is an overwhelming number of innovative underlying technologies and business models.

Entrepreneurs have also obtained some blocks in virtual currencies in recent years.Basic information about the blockchain industry. Since the blockchain proposed on October 24, 2019, it has become a national strategy. In particular, the implementation of DCEP digital currency has promoted 2020 to become the first year of the digital economy era. A new era is about to begin. In the past, companies have launched products online The Internet must now focus on bringing users online to the blockchain and merchants to the chain.

The question is, what preparations are needed for the blockchain/digital reform adopted by physical enterprises? How much does it cost? Which operating departments need to be built and which effective institutions need to be combined? How can we ensure the chance of success in chain reform?

Five centers to protect enterprise chain reform/digital reform

Since enterprise chain reform/digital reform is a necessary industrial transformation and upgrading for enterprises to operate in the digital economy, Rather than using the blockchain to issue coins, or just the token economy, the following five centers are needed to ensure the success rate of enterprise chain changes.

The five major centers refer to the five centers including capital, brand, incubation, operation and policy.

As the earliest institutions and practitioners engaged in chain reform/digital reform, we will have a clearer understanding of the significance of the five centers that enterprises must prepare to fully empower enterprises, and which institution is responsible for Enterprises have created a convenient platform, and enterprises will flock to it.

Understand how the functions of the five centers empower unicorn companies

1. Capital center functions (solve capital needs)

1. The company provides stock guarantees for listed companies in Hong Kong, assisting the company's first round of financing of 1 million to 50 million

2. Supply chain finance provides merchants with 70% of venture capital investment (no fees, no shares)

3. Product issuance and raising of 1 billion to 1 billion industrial funds to assist the construction of corporate industrial chains and upstream and downstream supply chains

4. Listed mergers and acquisitions and project restructuring, independent IPO

2. Brand center function (solve brand value)

1. New upgrade of corporate brand positioning

2. Optimization of products and channels

3. After the enterprise is on the chain, the data becomes the brand

4. Whole-network marketing positioning

3. Incubation center functions (solve from 0 to 1 )

1. Construction of ecological business model for enterprise chain reform/digital reform

2. Implementation of technical architecture

3. Construction of top-level architecture Matching with resources

4. Construction of operation team and marketing teamand development

4. Operation center functions (solve industry operations)

1. Digital economy DAPP platform operations, outsourcing of professional talents and market investment teams
< br /> 2. Collaboration between technology and market value management teams

3. [Input from the entire network marketing team

4. Introduction of daily consumer users on the chain
>
5. Functions of the policy center (resolving high-dimensional aspects of the industry)

1. Matching of experts from professional and industry institutions

2. Chain coordination between the United Nations and local governments Government support for reform/digital reform

3. Certification of the project by authoritative institutions

4. [Guarantees of various policies, laws and regulations to ensure equal, orderly and rapid development< br />
The functions of the above five centers are all provided by the brand digital chain business organization, allowing cooperative enterprises to obtain a full range of escort functions at zero cost.

As an entrepreneurial small and medium-sized enterprise, it is difficult to complete the construction and operating costs of five functional centers. Looking at the chain reform companies in recent years, few companies will become unicorns in the industry. This is precisely because when companies are carrying out chain reform/digital reform construction, the implementation process does require the cooperation of very cumbersome functional centers to operate. It came out vividly and vividly.

Misunderstandings about enterprise chain reform

Some companies often use the sales funds obtained from chain reform for industrial venture capital during the operation process, and some use cultural The exchange's version policy has been regarded as the only way out for enterprise chain reform, while neglecting the establishment of a business ecological structure. This is the misunderstanding caused by not laying out five centers. The establishment of a brand digital chain business organization will play a very important role in providing enterprises with the development of an effective combination of industry and finance.

The ecological structure of industry and finance for enterprise chain reform/digital reform

Under the development of market economy, industry and finance are the top-level structures that all enterprises should lay out. The ecology of industry and finance is "Raising, investing, managing and exiting", in the more than 20 years of financial liberalization, how many small and medium-sized enterprises have talked about industry finance and industry finance institutions, and how many have actually implemented it?

Facing today’s industrial and financial planning in the era of digital economy, small and medium-sized enterprises have everything in place, but the time has come for chain reform. No matter what business model the chain reform/digital reform adopts, It will be designed as a mechanism to encourage growth or cut leeks, but it will be a new business structure for industry and financial ecology.

In the past, the Internet solved the information gap. After 20 years of development, the era from the Internet economy to the mobile Internet 2.0 has passed, and the digital economy 3.0 era is about to usher in. In this era , will iterate each otherIn the face of various criticisms and monopolies in the Internet era, every value created by users will be recorded in the blockchain super ledger, forming an open and credible hash value. It is like the lowest gene in the digital economy. It will only make Enterprises and users are getting better and better.

Enterprise chain reform/digital reform requires three steps to build an ecological structure

The first step is to match the company with appropriate financial products to solve corporate financing problems, including those provided by the capital center Various products mainly include equity financing for listed companies and small and medium-sized enterprises, industrial investment funds, listed mergers and acquisitions and IPOs.

The second step is to carry out a new industrial upgrade. The brand digital chain provider completes the chain reform/digital reform, establishes a blockchain DAPP and a new digital economy business model to lock users to create value in the long term and solve the problem of natural growth of enterprises. Sales growth issues.

The third step is to cooperate with Hong Kong listed companies with a price-to-earnings ratio of more than 5 times the sales scale, achieve mergers and acquisitions, listings or independent IPOs, and implement "equal rights for securities and shares" to all investors and operators An equity withdrawal mechanism.

When laying out these three steps, companies cannot unilaterally rely on a financial product to solve the sales scale problem, or only rely on independent IPOs to achieve financing problems. Instead, they should stand in the digital economy era and give full play to The overall thinking of brand, finance, chain reform/digital reform, listing and mergers and acquisitions, and the realization of new industrial and financial implementations such as enterprise chain reform and merchant on-chain on the platform of brand chain merchants can create a company into a unicorn in the industry.

IV Blockchain Industry Yearbook Does the blockchain industry now have a yearbook?

Of course there is! You can take a look at this "Blockchain Yearbook" to get a sneak peek! Very detailed

After a year of anticipation, the "Blockchain Industry Yearbook" is finally coming to everyone. Bubbles, capital, scenarios, policy supervision... In the past year, the global blockchain industry has been changing, and the industry has been ups and downs. How to accurately grasp the pulse of blockchain? Read the "Blockchain Industry Yearbook", use facts and data to speak, and understand the blockchain year in seconds.

12 major categories, covering the entire ecosystem! It’s a tool and a helpful assistant!

The "Blockchain Industry Yearbook" series of books has been compiled into two consecutive editions, including "2018 Global Blockchain Industry Yearbook" and "2019 Global Blockchain Industry Yearbook". The yearbook stands at the global and industry level and strives to record the changes in the global blockchain industry from an objective and rigorous perspective and in unpretentious language.

The "Blockchain Industry Yearbook" contains a total of 12 major sections, covering the entire blockchain ecosystem, and is accompanied by government blockchain policies around the world. It mainly reflects the changes in the blockchain industry from chapters such as people, media, applications, education, institutions, industrial parks, capital, exchanges, supercomputing services, tools, underlying public chains, and technical services.

Highlight 1: Comprehensive upgrade, chapter structure and included content adjustment and improvement

"Blockchain Industry Yearbook"》In order to objectively and truthfully reflect the annual development of the global blockchain industry, better serve government decision-making, serve the stable and healthy development of the industry, and provide ecological information services to practitioners, the 2019 edition of the "Blockchain Industry Yearbook" will The structure and included content have been adjusted and upgraded.

The 2019 version of the "Blockchain Industry Yearbook" has adjusted the chapter setting compared to the 2018 version, and the structure is more balanced. For example, the original "Academic Chapter" is split into "Education Chapter" and "Institutional Chapter", coupled with the "Industrial Park Chapter", the statistical data is displayed more reasonably and clearly from different perspectives and dimensions; local government blocks are added The blockchain policy chapter provides a comprehensive overview of the blockchain policies of various countries.

The 2019 version of the "Blockchain Industry Yearbook" has increased readability and authority in content, reflecting new changes in the blockchain industry. The adjusted "Blockchain Industry Yearbook" elaborates on the blockchain industry, industry, policy, application and other dimensions, analyzes the development status of the global blockchain industry and preaches blockchain knowledge, and provides insights into the blockchain industry. Development is of strategic importance.

"Characters" The top geek who prides himself on taking things lightly, the enigmatic founder, the talented boy who was born as a Russian hacker...the blockchain has made today's achievements possible. Millions of people are enjoying the many benefits of blockchain thanks to the efforts of hundreds of people who have made outstanding contributions to communities and digital progress.

"Application" The characteristics of blockchain technology enable it to be used in various fields such as finance, insurance, Internet of Things, credit reporting, big data, etc. With the development of blockchain technology, blockchain Technology will be applied in more fields and bring about social and economic changes.

"Institutional Chapter" As local governments have also introduced encouraging policies related to blockchain, blockchain research institutions have emerged in many places. Currently, there are more than 100 well-known research institutions in the world. Blockchain research institutions refer to units with clear research directions and tasks. Their main role is to provide information and technical support to other entities in the industry.

"Education" Today, when the development momentum of blockchain is so strong, the cultivation of blockchain talents has been put on the agenda. According to statistics from the "Blockchain Industry Yearbook", 27 universities around the world have opened blockchain-related courses, with China and the United States having the most universities, with 8 each. Other educational institutions are blooming...

"Media" In the development process of blockchain, the role of media is indispensable. Blockchain media has effectively assisted the development of blockchain in four aspects: information services, investor education, in-depth research and platform interoperability.

Highlight 2: Created by a professional team

"Blockchain Industry Yearbook", a heavyweight annual authoritative information reference book, was compiled by the China Blockchain Industry Research Institute Contact the United Nations Development Program, the Ministry of Industry and Information Technology of the People's Republic of China, the Ministry of Commerce of the People's Republic of China, the Internet Information Office of China, the China Internet Network Information Center, the Institute of Computing Technology of the Chinese Academy of Sciences, the China Association for Science and Technology, the China Internet Finance Association, the United States National Electrical AppliancesSino Information Authority, UK Financial Services Authority, Japan Financial Services Agency FSA, South Korea Ministry of Information and Communications Technology, British Blockchain Association (BBA), United Nations Blockchain Sustainable Development Committee, Swiss Crypto Valley Association (Crypto Valley Association) ), the French National Information and Communications Commission (CNIL), China Mobile Communications Federation, etc., and jointly published by the China Blockchain Industry Research Institute, China Economic Press, Zilian Academy and Wutong Think Tank.

In the two-year editing process, the yearbook and the editorial team behind it have also experienced a process of growth. Every year, the content framework, editorial requirements, and time nodes are improved and upgraded.

The content of the "Blockchain Industry Yearbook" covers a wide range of topics and is highly professional. During the compilation process, Ni Jianzhong, Executive Chairman of China Mobile Communications Federation; Digital Economist, China Mobile Communications Federation Education With Chen Xiaohua, director of the examination center, secretary-general of the International Blockchain Innovation Application Alliance, and director of the Beijing University of Posts and Telecommunications Online Digital Economy Research Institute; Zhao Lei of the China Academy of Finance and Economics; Wang Xuezong, founder of the Chain Reform Laboratory; Wang Jing, director of the China Economic Press and other leaders and experts Scholars have provided strong support and provided valuable opinions on the content editing and promotion of the "Blockchain Industry Yearbook".

As the annual top red book of the global blockchain industry, "Blockchain Industry Yearbook" is expected to become the most comprehensive reference book in the blockchain industry. You will understand blockchain in seconds after reading it, the editor said , this is simply a sunflower manual in the blockchain industry.

VI When will blockchain technology explode? Can virtual currencies bring cross-class opportunities to ordinary people?

Virtual currencies are decentralized and not linked to anything. They are completely dependent on A product supported by the consensus of the community. Take Bitcoin, for example. Because the community consensus finds it valuable, Bitcoin continues to rise until today. However, there are real and fake projects behind virtual currencies, and their values ​​vary. For ordinary people, choice often outweighs effort. Every year, there are people who achieve financial freedom because of virtual currencies, but losses are the ultimate destination for most people. It is very dangerous for ordinary people to participate in virtual currency transactions in an unregulated market that relies entirely on consensus. Don't blindly think that you are the lucky one who will achieve cross-class status, because capital is always cruel.

Not all virtual currencies can be guided by decentralized blockchain technology. Most virtual currencies just pretend to be virtual currencies on the technical side of the blockchain. In fact, it confuses the concept and there is no new round of leek harvesting model that breaks away from centralization.

This involves several common sense things, what is a blockchain, what is a virtual currency, and what is decentralization.

1. So what is blockchain?

Blockchain originated from Bitcoin. Blockchain is a distributed shared ledger and database that is decentralized and independent.It has the characteristics of being tamperable, leaving traces throughout the process, traceable, collectively maintained, and open and transparent.

2. What is virtual currency?

Virtual currency refers to non-real currency. A string of network codes without any physical endorsement, mortgage, or acceptance. It is divided into two types, one is a centralized virtual currency, such as Q Coin; the other is a decentralized digital currency, such as Bitcoin.

3. What is centralization and what is decentralization?

The simplest description is that QQ coins can be issued unlimitedly by Tencent. You can produce as much as you want. The final right of interpretation lies with Tencent. This is called centralization; like Bitcoin, There is a fixed number. The fixed number of Bitcoins is an upper limit of 21 million. And among the 21 million Bitcoins spread around the world, whoever has them has a say. This is called decentralization.

Only by understanding these three questions can we know the relationship between blockchain technology and virtual currency. Currently, only Bitcoin has this digital cryptocurrency on the market, and it has a fixed amount. But the biggest advantage of this thing is not its circulation, but the addition of cash currencies recognized by various countries as a means of money laundering.

So what you see as the price of Bitcoin in the national market is only the conversion rate of currency conversion given to Bitcoin in a certain transaction, not the real value. Because virtual currency itself has no physical object as acceptance.

Not to mention the so-called digital currencies randomly issued on the market, which are actually the same as Q coins. Tencent said that 1 yuan can be exchanged for a Q coin, and the price of this Q coin is 1 yuan. Two days later, it said that 10 yuan can be exchanged for a Q coin, and this Q coin is 10 yuan. But are Q coins really worth the money? You can only buy a QQ show, which is clothing in the virtual world, also called skin.

According to notices and announcements issued by the People's Bank of China and other departments, virtual currency is not issued by a monetary authority, does not have legal and compulsory monetary attributes, is not a currency in the true sense, and does not have the same characteristics as currency. Equivalent legal status, it cannot and should not be used as currency for circulation in the market, and citizens’ investment and trading in virtual currencies are not protected by law.

Various virtual currencies in the international market pretend to be international currencies under blockchain technology. In fact, they are all flowers in the moon and water in the mirror.

When blinded, coupled with greedy human nature, ordinary people can cross the border and become complete paupers, and they may have to owe a lot of debt.

As the core underlying technology, blockchain’s decentralization, openness, autonomy, non-tamperable information, anonymity and other characteristics help to establish The full-scenario smart management system provides safe, efficient and convenient services for users, smart systems, smart systems, and smart systems to support the construction of smart cities.

The so-called decentralization of virtual currency is a complete lie. It is a fantasy utopia that is absolutely impossible to realize. Virtual currency is a complete money scam. To put it bluntly, the basis for the generation and transactions of various virtual currencies is the Internet and electricity, and the construction of communication networks and power generation facilities relies on the country as the center. Just imagine, losing the country as the center, in a country without laws, without In an environment where the Internet is short of electricity, poor, or even war-torn, how about using a hammer to mine? Virtual currencies and all their lackeys are enjoying the dividends brought by the country's stability, but at the same time they are trying to break away from the center of the country to achieve their own greedy goals of getting something for nothing. Careful analysis shows that the virtual currency ecosystem, from issuance to mining to participation in transactions, combines various typical characteristics of pyramid schemes, gambling and cults. The advocates of virtual currency are a group of outright criminals and should be tried by the law!

No. From the perspective of human history, external situations such as groups of people, tribes, countries, religions, the Internet, etc., all use the propaganda and banner of people's freedom and love, but what is the result? !

Technology has been used in many industries, especially in the financial industry. In the future, with the recognition of various countries, it will definitely change the distribution of classes

Blockchain technology, in fact, that is.

Two essential shortcomings have sealed its fate.

One is that the efficiency is too low.

One is that energy consumption is too high.

So it is impossible to break out.

Crossing classes? It’s already passed, there’s no chance anymore.

VII Blockchain and Wealth Redistribution Theory: Wealth and value will be distributed again

When talking about wealth redistribution theory, we have to talk about the current status of wealth distribution in China.

We know that the healthiest societies are olive-shaped. There is a huge middle class in the middle, and a small number of rich and poor at both ends. China's current social structure is definitely not an olive shape, nor a relatively stable pyramid shape, but an inverted T shape. The bottom layer is huge, with a very small proportion of wealth, and the one with huge wealth also accounts for a very small proportion. This structure is like a house supported by a pillar. It is very unstable and the risks are obvious.

To put it simply, capital now accounts for too large a proportion in the primary distribution of national wealth, while labor accounts for too small a proportion in the distribution. Just imagine, if this situation cannot be improved throughout their lives, what will people do? Most people will try to join a game-a game of wealth redistribution. For example, in the capital market, participants mobilize all resources and ingenuity for their own dreams, and fully engage in the game. You come and go, gain and lose, and your heart beats wildly. It is really exciting. After stimulation, social wealth generally changes and secondary distribution is completed. Of course, this distribution is still seriously unbalanced: most people’sThe wallets of a few people will be bulging only if their wallets are deflated.

Economist Mr. Wu Jinglian once described the Chinese stock market as a casino, where activities such as bookmaking, speculation, and stock price manipulation have reached their peak. No one can say how much wealth transfer and redistribution has been achieved as a result. clear. The GEM created 13 billionaires on the day it was established. The Bank of Beijing created 78 multi-millionaires on the first day it was listed. The Bank of Nanjing also created 66 millionaires on the first day it was listed. The Bank of Ningbo created 7 billionaires. Millionaire executives. Who created this? Of course it was thousands of miserable people.

Another example is real estate speculation. Real estate has long become a "sharp tool" for redistributing wealth. Insightful people have seen this at least ten years ago. The residential attribute of real estate has been repeatedly weakened, while the investment attribute has been over-strengthened, becoming a way to redistribute wealth. Because housing prices are rising too fast, the rich who own capital and real estate are getting richer, and the poor are getting poorer. This is the current state of real estate. Since the investment attribute of real estate has gained the upper hand and even begun to dominate, speculation has been following it all the time. Since then, the problems of real estate have become more and more serious. Although the government frequently introduces various policies for macro-control, the resources that the government can use to redistribute wealth are very limited. Sometimes it can only demolish the east wall to make up for the west wall, leaving little room for maneuver.

In 2017, there was a topic about artificial intelligence and wealth redistribution. Specifically, if artificial intelligence is applied, can the gap between rich and poor be solved? At a related summit in Geneva, experts and scholars , policymakers and humanitarians engaged in intense discussions. The answer is simply unrealistic. First of all, it is ridiculous to encourage institutions or large companies to develop artificial intelligence systems that benefit the public. After all, everyone needs to face a question: Where is the money?

In fact, the advent of all new technologies is related to Adoption is accompanied by a redistribution of wealth, which will create another kind of inequality, which will make users of old technologies excluded by technology. At the same time, mastering new technologies also requires certain learning capabilities and the ability to acquire human capital. So those who are initially less capable often do not benefit from new technology but suffer from it. For example, a recent piece of news said that JD.com has begun to use drones for delivery, which will save a lot of labor costs. The question is, what will happen to the labor costs that will be saved? Will there be unemployment? Of course we are not opposed to new technologies, but any technology cannot be too cold and should have humanistic care.

We have repeatedly said that just like Chairman Mao led us to divide the land from landlords, the blockchain will lead us to take back the wealth that originally belongs to us, that is, data assets, and help us own them in the future. The most valuable thing in the economic world - data. In the future, everyone will have a new right that no one can infringe upon, called "data investment right." That is to say, in the future we will use personal data to participate in future economic activities.Among them, we obtain the right to distribute the income generated in this process. This is where blockchain makes the most sense.

ⅧThe future of blockchain is a major trend

Blockchain uses P2P technology, cryptography and consensus algorithms and other technologies, with the characteristics of data non-tampering, collective system maintenance, and information openness and transparency and other characteristics. Blockchain provides a mechanism for information and value transfer and exchange in an untrusted environment, and is the cornerstone of building the future value Internet.

Trend 1: The application of blockchain industry is accelerating, penetrating and spreading from digital currency to non-financial fields

As a universal technology, blockchain technology has expanded from digital currency to non-financial fields. Accelerate penetration into other fields and integrate innovatively with all walks of life. We believe that future blockchain applications will be driven by two camps. On the one hand, the IT camp starts with information sharing and focuses on establishing credit at low cost, gradually covering areas such as digital assets. On the other hand, the cryptocurrency camp starts from currency and gradually advances to the fields of asset management and certificate depository, and spreads to credit reporting and general information sharing applications.

Trend 2: Enterprise application is the main battlefield of blockchain, and alliance chain/private chain will become the mainstream direction

At present, the actual application of enterprises is concentrated in the field of digital currency, which belongs to virtual economy. We believe that future blockchain applications will move from virtual reality to reality. More traditional enterprises will use blockchain technology to reduce costs, improve collaboration efficiency, and stimulate the growth of the real economy. This will be the main battlefield for blockchain applications in the future.

Unlike public chains, in enterprise-level applications, everyone pays more attention to the management and control, regulatory compliance, performance, security and other factors of blockchain. Therefore, we believe that strong management blockchain deployment models such as alliance chains and private chains are more suitable for enterprises to use in application implementation, and are the mainstream technology direction for enterprise-level applications.

Trend 3: Applications have spawned diversified technical solutions, and blockchain performance will continue to be optimized

In the future, blockchain applications will develop from single to multiple directions. Different applications such as billing, payment, insurance, and supply chain will be highly differentiated in multiple dimensions such as real-time, high concurrency, latency, and throughput. This will lead to a diverse range of technological solutions. We believe that blockchain technology is far from finalized and will continue to evolve in the future. There is room for efficiency improvement in technical aspects such as consensus algorithms, service sharding, processing methods, and organizational forms.

Trend 4: Blockchain and cloud computing are increasingly integrated, and BaaS is expected to become a public trust infrastructure

Cloud computing is the general trend. IWe believe that the combination of blockchain and cloud is also an inevitable trend. There are two models for the combination of blockchain and cloud, one is blockchain on the cloud, and the other is blockchain in the cloud. The latter one, namely BaaS, Blockchain-as-a-Service, refers to the cloud service provider directly providing blockchain as a service to users. In the future, cloud service companies will increasingly integrate blockchain technology into the cloud computing ecological environment. By providing BaaS functions, they can effectively reduce the deployment cost of enterprise application blockchain and lower the initial threshold for innovation and entrepreneurship.

Trend 5: Blockchain security issues are becoming increasingly prominent, and security protection requires overall technical and management considerations

From a mathematical perspective, the blockchain system is almost perfect. It has the advantages of openness and transparency, difficulty in tampering, reliable encryption, and resistance to DDoS attacks. However, from an engineering perspective, its security is still restricted by infrastructure, system design, operation management, privacy protection, and technology update iterations. In the future, we need to consider the overall situation in terms of technology and management, and strengthen basic research and overall protection to ensure application security.

Trend 6: The cross-chain demand for blockchain is increasing, and the importance of interconnection is highlighted

With the deepening of blockchain applications, payment and settlement, logistics traceability, medical records Enterprises or industries in areas such as identity verification and identity verification will establish their own blockchain systems. We believe that cross-chain collaboration and interoperability among these numerous blockchain systems is an inevitable trend in the future. It can be said that cross-chain technology is the key to blockchain realizing the Internet of Value, and the interconnection of blockchains will become an increasingly important issue.

Trend 7: Blockchain competition is becoming increasingly fierce, and patent competition has become an important area of ​​competition

As the number of participating entities increases, blockchain competition will become increasingly fierce. Competition is all-round, including technology, models, patents and other dimensions. We believe that in the future, companies will strengthen their layout in blockchain patents. Since 2014, the number of blockchain patent applications has exploded. Blockchain patents are mainly distributed in the United States in North America, the United Kingdom in Europe, and China and South Korea in Asia. This pattern will be maintained in the future. The patent gap between China and the United States is narrowing, and China’s number of applications in 2016 has surpassed that of the United States. It is foreseeable that the competition for blockchain patents will become increasingly fierce in the future.

Trend 8: Blockchain investment continues to be popular, and the cumulative risks of the token crowdfunding model deserve attention

Blockchain has become a hot spot pursued by the capital market. Future investment will continue the rising trend from 2014 to 2016. Different from the financing models in other technology fields, a model called "token crowdfunding" has emerged in the blockchain field, namely Initial Coin OfFering (ICO) is a crowdfunding method for startups to issue tokens and raise funds. As the transaction volume of token crowdfunding increases, risks such as lack of review, huge value fluctuations, and being on the edge of regulation for many projects will increase, which deserves attention. This afternoon, a group of friends chatted with me privately and asked about the so-called golden chain, which needs to rely on the model of 1 pass 2, 2 pass 4, 4 pass 16 to obtain income. This is an obvious pyramid scheme to attract people, but there are still many people who just Friends who have entered the currency circle and have just learned about blockchain will be deceived. I hope they can understand the essence and be responsible for their own funds!

Trend 9: Blockchain technology and supervision are in conflict, but the contradiction is expected to be further reconciled

The decentralization, disintermediation and anonymity of blockchain are in line with its tradition The corporate management and government regulatory systems are not coordinated. But we should also see the opportunities that blockchain brings to supervision. We believe that in the future, companies will actively cater to regulatory needs and proactively build in regulatory requirements in technical solutions and model designs. They will not only achieve compliant operations, but also significantly save the cost of regulatory compliance. We also believe that in the future, regulatory authorities around the world will also embrace blockchain, a new regulatory technology, and use new technology to improve government regulatory efficiency.

Trend 10: Trustworthiness is the core requirement of blockchain, and the importance of standards and specifications is becoming increasingly prominent

In the future value delivery network based on blockchain, We will use algorithms and software entirely to build a foundation of trust. But we believe that this is far from enough. Standards are also needed to add credibility to the blockchain. In the future, blockchain standards will start from the user's perspective and be business-oriented, standardizing the technology and governance of blockchain from the dimensions of smart contracts, consensus mechanisms, private key security, permission management, etc., and enhancing the efficiency of blockchain. The degree of credibility adds weight to the trust of the blockchain.

Summary

The above are the ten major trends summarized. To summarize, there are four points: First, blockchain is the foundation of the value network and has gradually become an indispensable part of the future Internet. Second, as application scenarios become increasingly abundant, applications will drive the continuous improvement of blockchain technology, and the integration of blockchain and cloud will become increasingly closer. Third, although the blockchain is mathematically complete, there are also security issues. In the future, security needs to be strengthened from the engineering and management levels, and standards are also needed to improve credibility. Fourth, blockchain technology will gradually adapt to regulatory policy requirements in the future and gradually become an important tool for regulatory technology.

Ⅸ What is blockchain

The poster must first understand 2 logics.

One is blockchain technology and the other is blockchain investment (a mixture of good and bad, need to be distinguished).

Blockchain is essentially a decentralized distributed ledger database. P is a big deal, every node on the chain will be replicated and accounted for synchronously, and the information will be transparent and difficult to tamper with. For example, if you say you want to buy a bag for your girlfriend, and she posts it to Moments, everyone knows about it and writes it down in her notebook. You can't deny it, so you have to pay for it. However, having a partner is the first step!

There are three core values ​​of blockchain technology

1. Decentralization

2. Traceability

3. Untamperable

Because of its values, it can solve many trust problems in our daily life, such as food safety, evidence preservation, etc.

It can be said that the application of blockchain in today's society is becoming more and more widespread, but there are also people who don't know much about blockchain. So what exactly is blockchain? Let me talk about my own experience!

In terms of the decentralized storage of the blockchain, the blockchain can be said to be equivalent to a distributed ledger. The memory of each block is arranged in series using the order of time to form an extensive chain. And this combined chain cannot be tampered with or forged by a third party at will, which effectively guarantees the security of the chain formed by data combination!

Moreover, the characteristics of blockchain are fully in line with the business needs of modern enterprises. Blockchains that are sufficiently decentralized and trustless will be accepted by more people over time. , I believe that blockchain will also be immeasurable in its future development.

So, where exactly can blockchain be used? I believe this is also an issue that many people are concerned about. Just like the Starlight Chain developed by Diandian Starlight, as the Starlight Chain has the same characteristics as the blockchain, more realistic distributed storage and cloud computing will be widely used in our daily life services and the Internet of Things!

In commercial storage, Starlight Chain will also play a vital role. For example, distributed hotels or smart life computing are inseparable from Starlight Chain's storage, computing and processing work.

It is said that Starlight Chain will be launched soon. If you want to own Starlight Chain, you must prepare in time! But there is another point. If you want to own the Starlight Chain, you have to mine or trade it. If you don’t know it, you need to understand it in advance. Only when you know yourself and your enemy can you choose something that suits you!

What is blockchain? Everyone who knows has a little understanding and their own opinions.

The official definition of blockchain is: Blockchain technology uses block chain data structures to verify and store data, uses distributed node consensus algorithms to generate and update data, and uses cryptography. Ensure the security of data transmission and access, a new distributed infrastructure and computing method that uses smart contracts composed of automated script codes to program and operate data.

What is mentioned separately in blockchain technology is "decentralization", which means that online transactions do not require intermediaries such as Alipay, and buyers and sellers directly communicate with each other, and there is no need to worry about being cheated. If you cheat, there is no need to consider the credibility of each other.

Similar to the real-life transactions in a physical store, you give him money and he gives you things. He can see the origin of your money, who has used it in the past, and who holds it, and you can see the raw materials, the place of origin, and the specific manufacturing process. Isn’t this awesome?

In the blockchain, we are all a link in the chain. We are linked back and forth, forming a chain, a loop, and a network. Everyone is a part of it, and everyone is the last source of information for others. and accept the next message.

Regardless of whether you make money or not, participating early will always give you more opportunities.

In one sentence, if Internet technology solves the communication problem, blockchain technology solves the trust problem.

The so-called blockchain is a new application model of computer technology such as distributed data storage, point-to-point transmission, consensus mechanism, and encryption algorithm. In layman's terms, blockchain refers to a technical solution that collectively maintains a reliable database through decentralization and trustlessness. To put it more clearly, blockchain is similar 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.

At present, whoever owns the system keeps the accounts. Tencent keeps the account books of WeChat, and Alibaba keeps the account books 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.

What? I don’t know...

How to use it? The most typical one is probably the economic profit brought about by the exponential explosive growth of Bitcoin. And now every major platform has launched its own blockchain, hoping to get a piece of the pie.

Now the most popular NetEase Planet earns Force Power by signing in every day, and earning Force Power by inviting friends. The amount of Force Power directly affects the number of black diamonds you mine. Until now So far, the eldest brother who has dug the most black diamonds probably has only about seventy, and I only have about three.

The current information provided by NetEase is that the black diamond transaction will be carried out in mid-March. At that time, it should be possible to reflect whether the black diamond is valuable. And compared with other blockchain projects, NetEase Planet must have the invitation code of the inviter before you can register.

The second one is Block City, which is also a relatively popular platform. Judging from my current situation, this platform has more types of mines, not just like Black Diamond. It is a kind of thing, and in comparison, the quantity dug is really small. So far, it is calculated based on the output of a few 0.00.

The third one is this inurswallet. I don’t quite understand this one, it’s similar to the other two, but the output is relatively large

The fourth one is this online Leitz dog. This one is a little different from the others. You can get calculus points by signing in. , or you can earn micro points by inviting friends, and you can also earn micro points by buying and selling Leitz dogs. Many people feel that there is nothing interesting about raising a dog, because they don’t need to collect it all the time like other platforms, so it seems a bit boring. The current Leitz dog is only the 0th generation, and the breeding function may appear in the later period to produce the 1st generation, the 2nd generation, etc.

Blockchain is a technology that can make data on the Internet safe, reliable and non-replicable. Moreover, there is no need for an agency or organization to take care of it.

At present, blockchain technology is not yet mature, because there are indeed technical bottlenecks, resulting in unsatisfactory data processing speed in the blockchain. The reason why blockchain is so popular is inseparable from people’s enthusiastic expectations. However, blockchain is indeed a disruptive technology. I believe that one day it will break through the technical bottleneck and truly good applications will appear.

1 and N, public and private, efficient and inefficient

(1) What is the difference between new retail and blockchain?

Many people’s first impression is that there is no essential difference between the two!

Is this really the case?

Share-holding new retail, free access for the people, limited capital, only channel, and the end point is socialist ownership by the whole people. Blockchain, free access to capital, limited access to the people, infinite channels and platforms (N), constantly pushing up channel costs, always points to capitalist private ownership. One is 1, the other is N; one channel has decreasing costs, one channel has increasing costs; one points to socialist ownership by the whole people, and the other points to capitalist private ownership.

(2) What is the difference between new retail and traditional networks?

Many people feel that new retail will help everyone make money in the future, and will be the same as the traditional Internet in other aspects.

Is this really the case?

Consumer-led new retail, free access for consumers and producers, limited capital, channelsThere is only one path, and the end point is zero marginal cost and high system security and stability. In contrast, today's traditional networks have free access to capital, and the number and cost of channels are constantly increasing. Each platform may not see the sun next year, and the platform is logically unsafe and unstable. One is 1, the other is N; one is cost-decreasing, the other is cost-increasing; one is a benefit entity, and the other is a pitfall entity; one is heading towards stability and unity, the other is heading towards division and conflict; one is pointing towards common prosperity, and the other is pointing towards polarization.

(3) What is the difference between new retail and the commercial banking system led by the Federal Reserve?

Consumers dominate new retail, with only one channel. Consumers and physical enterprises have free access. The end point is the lowest-cost channel and socialist public ownership. Commercial banks have free access to capital, and the end point is that channel costs are constantly rising, which not only squeezes physical profits, but also points to debt and economic crisis. One is 1, the other is N; one is free access for people, and the other is free access for capital; one is zeroing out channel costs, pointing to happiness, and the other is gradually increasing channel costs, and the economy is driven by investment, which ultimately triggers an irreversible environmental crisis. .

(4) Great simplicity, all methods unified

Channels do not directly create value!

The fewer channels, the higher the efficiency. New retail has free access for the people. To maintain the uniqueness is to maintain the lowest cost and to maintain the road to the future!

Looking at blockchain, traditional networks and commercial banking systems, their starting point is N. The more they struggle, the greater the damage to the entities they depend on, and the closer they are to death.

——What is socialist public ownership?

All enterprises are linked by a new retail link into a super enterprise, which only bears production and transportation costs. The wealth of society is determined by production capacity, not by capital and financial algorithms. Strong and excess production capacity determines common prosperity.

——What is capitalist private ownership?

With free access to capital, you can mess around. The number of channels and platforms continues to increase, and channel costs increase exponentially, squeezing entity profits and inhibiting entity enterprises from serving the people. Channels here include blockchain, traditional networks, commercial banking networks, etc. The essence of private ownership is to be conservative and fish in troubled waters.

What is blockchain? This word seems to have become a question that people who have done a little research on the Internet will ask in 2018.

The emergence of blockchain as a new concept word, many people cannot understand it at first. We take the Starlight Chain of Diandianxingguang, code: STA as an example.

Starlight Chain is based on blockchain and has the characteristics of blockchain such as decentralization and trustlessness. The so-called decentralization and trustlessness mean thatIn the future, point-to-point transmission will be possible, and Starlight Chain can achieve this. The details are as follows:

Based on the decentralization, distribution, point-to-point transmission, non-tampering and other characteristics of the blockchain, the uploaded data will be stored in slices and backed up multiple times and encrypted for storage. Obtaining any one or more pieces cannot constitute complete data. When part of the stored data is lost or damaged, in order to ensure the security of the data and download it at any time, the system will automatically generate a new backup, and only the private key can be used to download, change or delete.

Blockchain is used to jointly record public data, or in a more narrow sense, for accounting.

You said that you can just use a computer to record the accounts yourself. Why do you need a blockchain to record them?

Because others don’t believe the accounts you keep. Who are you? Why do others believe what you remember?

For example, you recorded in your computer that Zhang San owes you 10,000 yuan, and Zhang San said that I also recorded in my computer that you owe me 1 million yuan. What to do?

This used to be the solution: Find a notary, and both of your accounts will be recorded with the notary. If there is a dispute, the notary's account book shall prevail. For example, this is what banks do. Both of your money is deposited with him, and there are records of transfers and borrowings.

The blockchain solves this problem: when you are keeping accounts in your own computer, Zhang San will also keep the same data in his own computer. After recording, you two will check each other and both agree. Okay, this account is officially recorded. There is no need for third parties or so-called "authoritative agencies" or "certification agencies" to participate in the process.

The way everyone keeps accounts together is also called "distributed" or "decentralized" because everyone keeps accounts, and the accuracy of the ledger is determined by a program algorithm rather than a certain an authoritative organization.

This is the blockchain. The core is finished. The blockchain is as simple as a common ledger.

What is blockchain?

First of all, let’s clarify the concept. Blockchain is a computer technology that integrates multiple disciplines. Like the Internet, it is an electronic platform for processing information data.

Blockchain is not equal to digital currency. Digital currency only applies blockchain technology to increase its uniqueness and security, making it difficult to counterfeit. These digital currencies are actually strings of digital information codes.

Then answer two sub-questions:

(1) How to use blockchain technology

To figure out how to use blockchain, we must First figure out how it works and what its advantages and disadvantages are.

Simply put, on the blockchain platform, data will be processed and packaged into a fixed size, and then encrypted to generate a unique verificationinformation, and use verification information to complete the concatenation of data. The middle information block will contain the verification information of the previous block and generate new unique information for use by subsequent blocks. Because the generated verification information is unique, changing any of its contents will produce another different verification information. Therefore, blockchain uses this to ensure data security.

On this basis, the blockchain uses distributed storage to store copies of data in the hands of everyone participating in the blockchain. Only the consistent data information is recognized. information. If there are different copies that are different from the majority, then its data is tampered with, that is, forged.

Blockchain also has other features, such as instant broadcast, status synchronization, smart contracts, automatic operation, and public sharing.

When we use blockchain technology, we must think about what actual problems this technology can solve and whether there are any other alternative solutions to these problems. If the cost of using blockchain technology is lower, then it can be adopted.

For example, if a company's financial information is saved using blockchain technology, each financial transaction will be securely encrypted and distributed to multiple computers in the company to save copies. Then these stored data are secure enough, and no one can unilaterally tamper with the accounts. If someone's copy of the account is different from other people's, then it is tampered with.

Such an application can save a lot of financial data review costs and create benefits for enterprises.

(2) When will blockchain mature?

Blockchain will mature tomorrow.

Haha, of course this is impossible. To say when the technology will mature, you need to consider where it will be used, whether it is for commercial or civilian use, or for simple data applications. To what extent do you want to use technology?

For example, when will Internet technology mature? Can you call me mature now? What are the criteria for maturity? For civilian use, Internet technology is relatively mature because it can already meet people's daily information processing needs. But for commercial use, Internet technology is not mature enough because it still has some technical bottlenecks. This is why Alibaba produces some transaction volume data every year during the e-commerce festival. You know, in such a short period of one or two hours, hundreds of millions of information flows in. How to deal with it? Whose priority? What to do if data is interrupted? These are all questions that are emerging gradually.

Back to the blockchain, blockchain technology is still in the state of a primitive model and is still in a very preliminary stage. No one has imagined what specific changes it can ultimately bring to society. Everything is castle in the air. Even the current social foundation of blockchain is still very weak. How can we infer its maturity time on such a basis?

If I had to name a time, I would say tomorrow. Why tomorrow? Because technology is developing, tomorrow's progress will definitely be more complete than today's.

Thanks for reading.