区块链与人与人之间的关系,区块链与普通人的关系
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『一』What does blockchain mean and how to understand it
Blockchain is a new type of computer technology such as distributed data storage, point-to-point transmission, consensus mechanism, and encryption algorithm. Application mode.
Blockchain is an important concept of Bitcoin. It is essentially a decentralized database. As the underlying technology of Bitcoin, it is a series of related cryptographic methods. Each data block contains a batch of Bitcoin network transaction information, which is used to verify the validity of the information (anti-counterfeiting) and generate the next block.
Notes
1. Blockchain Originated from Bitcoin, on November 1, 2008, a person claiming to be Satoshi Nakamoto published the article "Bitcoin: A Peer-to-Peer Electronic Cash System", which elaborated on P2P network technology, encryption technology, The architectural concepts of electronic cash systems such as timestamp technology and blockchain technology mark the birth of Bitcoin.
Two months later, the theory came into practice, and on January 3, 2009, the first genesis block with serial number 0 was born. A few days later, block number 1 appeared on January 9, 2009, and was connected to the genesis block number 0 to form a chain, marking the birth of the blockchain.
2. In order to realize the great leap forward development of blockchain finance, in order to promote the new development of China’s economy, accelerate the circulation of global assets, and realize the dream of rejuvenation that generations have been striving for, Puyin Group launched the On the 9th, a Puyin Blockchain Finance Guiyang Strategy Release Ceremony was held in Guizhou. At the meeting, the digital circulation of assets through blockchain, the blockchain financial transaction model, and the application of blockchain services and social public industries will be discussed. Start a discussion.
『二』What exactly is the blockchain?
What exactly is the blockchain? In essence, blockchain is a distributed, decentralized network database system that will make the storage, update, maintenance, and operation of data different. Blockchain has four indispensable core technologies, namely: distributed storage, consensus mechanism, cryptography principles, and smart contracts.
Then let’s talk about how blockchain is different from traditional data processing to help everyone understand what blockchain is and give everyone a general understanding of blockchain. cognition.
1. Data storage in blockchain: block chain data structure
In terms of data storage, blockchain technology utilizes "block chain data structure" To verify and store data.
What does the blockchain structure mean? Everyone has seen an iron chain, with one link within another. In fact, each link can be regarded as a block, and many links are linked together to form a blockchain.
How does this so-called "iron chain" store data? To put it simply, the difference between blockchain and ordinary stored data is that on blockchain, the data in the next block includes the data in the previous block.
Take reading as an example: when we read a book, we read page 1, then page 2, page 3...
What about in the blockchain? If each block is marked with a page number, then the content on page 2 contains the content on page 1, the content on page 3 contains the content on page 1 and page 2...Page 10 contains The content of the first 9 pages is such a chain nested layer by layer. In this way, the most original data can be traced back. This is the traceability of the blockchain.
The "blockchain data structure" of blockchain makes it traceable, which is naturally suitable for many fields, such as: food traceability, drug traceability, etc. In this way, the probability of tainted milk powder, fake vaccines, and fake and substandard food incidents will be greatly reduced, because once a problem occurs, through traceability, we can clearly know which link caused the problem, and accountability and recovery will be clearer.
2. Data update in the blockchain: distributed node consensus algorithm
In terms of data update, blockchain technology uses the "distributed node consensus algorithm" to Generate and update data.
Every time a new block is generated (that is, when data is updated), an algorithm needs to be used to obtain the approval of more than 51% of the nodes in the entire network to form a new block. To put it bluntly, it is a vote, and it can be generated if more than half of the people agree, which makes the data on the blockchain non-tamperable.
Why do you say that? Let’s make an analogy: we compare the blockchain to a ledger, because it records data. In the traditional world, the bookkeeping power lies with the bookkeeper, and the ledger belongs to the bookkeeper alone. So in the blockchain, everyone owns this account book. If you want to update the account, you must vote. Only if more than half of the people agree can you update the account data.
In this process, we will involve several terms: distributed, node, consensus algorithm. These terms are actually very easy to understand:
Everyone Accounting (that is, everyone has a ledger, and the ledger is scattered in everyone's hands) is the so-called "distributed";
The accounting method that everyone discusses, votes for, and unanimously agrees on is The so-called "consensus algorithm";
Every person participating in accounting is a so-called "node".
3. Data maintenance in blockchain: cryptography
In the data maintenance stage, the differences in blockchainThe difference is that it uses cryptography to ensure the security of data transmission and access.
The cryptographic principles applied in the blockchain mainly include: hash algorithm, Merkle hash tree, elliptic curve algorithm, and Base58. These principles actually ensure data security on the blockchain through a series of complex operations and conversions.
4. Data operations in the blockchain: smart contracts
A smart contract is a commitment agreement defined and automatically executed by a computer program. To put it bluntly, it is executed with code A set of transaction rules, similar to the current automatic repayment function of credit cards. If you turn this function on, you don't have to worry about anything. The bank will automatically deduct the money you owe when it expires.
The outstanding advantage of smart contracts is that they largely avoid a series of problems caused by trust.
Many of us have encountered the situation of being borrowed money: a friend who is short of money borrows 2,000 yuan from you and promises to pay back the money after the salary is paid next month, but next month he finds other excuses. Also, dragging this matter around would be pointless. We didn't have much money, but we were still friends. Even though you were depressed, let it go.
Then, after having a smart contract, he cannot default on his debt, because in the smart contract, once the terms in the contract are triggered, the code will automatically execute, whether he wants it or not, as long as he sends Once you have earned your salary and have money in your account, he has to pay you back.
To summarize the contents of this section, there are four indispensable core technologies in the blockchain, namely: distributed storage, consensus mechanism, cryptography principles, and smart contracts.
We can understand it this way: distributed storage corresponds to the data storage stage, the consensus mechanism corresponds to the data processing and update stage, cryptography corresponds to data security, and smart contracts correspond to data operational issues.
『三』What is blockchain technology? Popular explanation of what blockchain is
Blockchain has been at the forefront since the end of October.
What is blockchain technology
Although blockchain has been around for more than ten years, many people still don’t know much about this technology.
Blockchain is a new application model of computer technologies such as distributed data storage, point-to-point transmission, consensus mechanism, and encryption algorithms. From an application perspective, blockchain is a distributed ledger.
So, why is the blockchain called the blockchain?
Because the blockchain itself is a series of linked blocks, these blocks are filled with transaction records. The blocks are much like the records of a database. Every time data is written, it Create a block. With the expansion of information exchange, one block continues with another, formingThe result is called blockchain.
What are the characteristics of blockchain technology?
Simply put, blockchain has the characteristics of decentralization, openness, non-tampering, and anonymity.
1. Decentralization:
In the blockchain system, there is no center.
In the blockchain model, it is distributed accounting and storage. Each node self-verifies, transmits, and manages information. Each node is the center, which is decentralization.
2. Openness:
The blockchain system has the characteristics of openness. The data is open and anyone can query the blockchain data and data through the public interface. Develop related applications.
3. Information cannot be tampered with:
In the blockchain system, once the data is written, the tampering cannot be undone unless 51% of all data nodes are controlled. Forge a record that does not exist. Therefore, blockchain technology has a certain degree of security.
4. Privacy and anonymity:
The cryptography technology in the blockchain can effectively achieve identity concealment.
The identity information of each node does not need to be disclosed or verified, and information transfer can be done anonymously. It can only be accessed with the authorization of the data owner, thus ensuring data security and personal privacy.
Xiao Li lent 10,000 yuan to Xiao Wang. Xiao Li found two people in common and Xiao Bai to prove it. This accounting model is a centralized accounting model, and Xiaobai is the center.
However, a year later, when Xiao Li wanted to get the money back, Xiao Wang Shikou denied that he had lent him the money. It turned out that Xiao Wang introduced Xiao Bai’s girlfriend to his company. a job.
This is the disadvantage of centralized accounting.
Xiao Li learned a lesson and gained wisdom. In the future, when someone asked him to borrow money, he said on WeChat in the village that I would lend so-and-so how much money. In this way, everyone in the village knew that Xiao Li How much money did Li lend to whom?
In this way, when Xiao Li asks for debt again in the future, the other party will not deny the issue, because a consensus mechanism has been established in the minds of the people in the village: How much did you borrow from Xiao Li? .
This is the advantage of decentralized accounting.
Because after all, there are many people to testify about this transaction. If it seems to be a fraud, it will be unless more than half of the people in the village are bought. However, the price is very high.
In fact, these characteristics of the blockchain are all to solve the problem of "trust". The rich application scenarios of the blockchain are also based on the capabilities of the blockchain.Solving the problem of information asymmetry, blockchain also helps achieve collaborative trust and consistent action among multiple entities.
What are the applications of blockchain?
In addition to digital currency, there are many application scenarios of blockchain.
1. Medical field
Blockchain helps realize smart medical care, such as going to the hospital to see a doctor. Through the blockchain model, the patient’s medical status, case, treatment status, etc. are all Clearly visible, saving a lot of medical resources.
2. Copyright field
Blockchain can prove the authenticity and uniqueness of the copyright of works, from the birth to the transfer of audio, video, pictures, text and other works. Can be tracked and recorded, and form tamper-proof information.
3. Logistics field
After applying blockchain in the logistics field, goods can be traced from production to consumption.
4. Food safety
Is blockchain used for food safety? Through blockchain traceability, one can easily trace the past and present life of their food.
5. Securities trading
For example, traditional securities trading requires the coordination of multiple institutions to complete, while the blockchain system can independently complete one-stop transactions. This service can make securities trading simpler and faster.
However, many people have big misunderstandings about blockchain. The biggest misunderstanding is: blockchain = Bitcoin
In fact, blockchain and Bitcoin is not the same thing. Blockchain is the underlying technology of Bitcoin, and Bitcoin is the first application of blockchain.
『四』What is blockchain and how do ordinary people make money in blockchain?
The popularity of blockchain has caught the masses off guard. Nowadays, no one knows about blockchain, but many people do not have a clear understanding of the definition of blockchain.
So, what exactly is blockchain?
Regarding blockchain and Bitcoin, most people have this misunderstanding: Bitcoin is blockchain.
In fact, Bitcoin and blockchain are not the same thing. Blockchain is the underlying technology of Bitcoin, but the first usage scenario after the birth of blockchain is Bitcoin.
I will explain to you what Bitcoin is and what blockchain is. Please move your bench quickly!
What is Bitcoin?
Bitcoin is a digital currency, a peer-to-peer encrypted digital currency. It is not a tangible paper currency such as the RMB or the US dollar. It is made by computers.Computers are created through specific mathematical calculations and are also stored in computers.
Because Bitcoin is just a string of data in a computer, it is also called a "virtual currency" compared to paper currency. To put it simply, you can understand that Bitcoin is just a string of numbers with cash value, similar to Q coins. In other words, Bitcoin has no actual value. Its current value is supported by the faith of currency speculators. If the faith is gone, the value of Bitcoin will collapse.
Bitcoin is magical, what is its magic?
If you want to get Bitcoin, in addition to buying it, you can also mine it. The original Bitcoin is mined!
1) Mining
The first thing that comes to mind for many people is the image of a coal mine:
Mine, absenteeism, dust , black coal, large trucks.
Bitcoin mines are not like this. They only need electricity, network cables, and computers. However, mining this mine is a technical job, and it tests the performance of the computer's CPU and GPU.
2) Transaction
How does a Bitcoin transaction proceed?
Each user has a unique address, which is the Bitcoin "wallet". For every transaction, for example: A pays B a Bitcoin, a Weibo post will be posted publicly in the system saying: "I gave B a Bitcoin @B". These records will be kept as evidence at every terminal of the system. on the chain.
If A wants to go back on his word and tamper with Bitcoin’s transaction history, then every terminal record on the network must be modified. However, this is not easy, because only A whose computing power exceeds the sum of the computing power of all nodes in the system can tamper with transaction records. Obviously, this is unrealistic.
In the transaction process, Bitcoin uses a decentralized accounting method, which is also blockchain technology. Simply put, blockchain is a decentralized distributed ledger database.
What is blockchain?
The blockchain was created along with Bitcoin. During the formation of Bitcoin, blocks were storage units one by one, recording the exchange information of each block node. Blocks are very similar to For database records, every time data is written, a block is created. With the expansion of information exchange, one block continues with another, and the result is called a blockchain.
Blockchain is a distributed ledger technology. Everyone participates in accounting, and everyone has a copy of the ledger information. This account book is not easy to forge and is traceable.
For example:
On a certain day of a certain year, Lao Wang lent Xiao Wang 10,000 yuan, and Lao Wang told the newsEveryone around them posted their transfer records on their WeChat Moments, and everyone helped them testify to the existence of this transaction.
Lao Wang and Xiao Wang are two nodes. These two nodes generate transaction time, location, person and other information, and they are packaged to form a "block". Lao Wang’s friends are also nodes. These nodes jointly record the transaction status and details (blocks) of the two nodes Lao Wang and Xiao Wang. These blocks are connected to form a chain, forming a decentralized database.
In the past, only both parties knew when Lao Wang and Xiao Wang borrowed money. This was the centralized accounting model. But now everyone knows it and records it in their own ledgers. This is the decentralized accounting model. model.
When one day, Xiao Wang regrets that he did not borrow the money, everyone around him will know their transaction information, so Xiao Wang will not be able to deny it. This is the blockchain Information sharing cannot be tampered with.
How do ordinary people make money by participating in the blockchain?
I have summarized several methods suitable for ordinary people to make money during the blockchain bonus period.
1. Direct investment in blockchain: buy coins or buy some blockchain stocks, but the currency circle is risky, so you must be cautious when buying, and there are many blockchain stocks now. However, there are risks in the stock market, so investment needs to be cautious.
2. Make blockchain self-media: run a WeChat public account or Toutiao account, write articles about blockchain and publish them on it. If you are good, you can also get some good profits.
3. Participate in technology development: In fact, it is very simple, it is to participate in the process of blockchain development. However, this method requires high technical threshold.
4. Blockchain training: Companies that can provide blockchain technology training or knowledge training.
That’s all the relevant knowledge about what blockchain is, I hope it can bring you some help.
『五』Illustration of what is blockchain
Blockchain is so popular that it has begun to affect my life. I don’t even want to understand it anymore. Let’s take a look today. What exactly is blockchain.
Structure of this article:
As its name suggests,
A blockchain is a chain composed of a set of blocks.
A block is a block of information that contains information. , the chain also contains information.
Blockchain technology was first developed by a group of researchers in 1991 to time-stamp digital documents so that these documents cannot be tampered with. It basically played no other role after that until 2009, when Satoshi Nakamoto used blockchain technology to create the digital cryptocurrency Bitcoin.
A blockchain is aA distributed ledger that is completely open to everyone, it has an interesting property: once certain data is recorded in a blockchain, it is difficult to change the data.
Let’s take a look at the composition of a block:
Each block contains some data, the hash value of this block, and the hash value of the previous block. Hope value.
The data saved in the block is related to the type of blockchain. For example, the blocks in the Bitcoin blockchain save relevant transaction information, including sellers, buyers, and transaction Bitcoins. quantity.
Each block contains a hash value. The hash value is used to identify a block and all the content it contains, and it is unique, like a fingerprint. Once a block is created, its hash value is calculated accordingly. If you change something in the block, the hash value will change. If the fingerprint of a block changes, it will no longer be the previous block.
The third element contained in the block is the hash value of the previous block. This element allows links to be formed between blocks and makes the blockchain very secure.
Suppose we have a blockchain containing 3 blocks
Each block contains its own hash value and the hash value of the previous block
No. 3 Block points to block No. 2, and block No. 2 points to block No. 1
Block No. 1 is a bit special, it cannot point to the previous block because it is the first
We put 1 The block number is called the genesis block.
Now suppose we tamper with the second block
This will cause the hash value of the second block to change
This will then cause block 3 and 3 All subsequent blocks connected to the block number become illegal
Because the previous block number they store now becomes illegal
So changing one block alone will jointly make all subsequent blocks The content becomes invalid.
But to prevent tampering, hashing is not enough
Because today’s computer computing speed is powerful enough and can calculate thousands of hash values per second
This way You can tamper with a block and recalculate the hashes of other blocks so that your block isbecame legal.
So in order to reduce this risk, the blockchain also uses a technology called proof of work
This is a mechanism that slows down the creation process of new blocks
In the Bitcoin area In the blockchain, it takes about 10 minutes to complete the required proof of work and add a new block to the blockchain
This mechanism makes the tampering of the blockchain more difficult
because once it is tampered Once a block is obtained, the proof of work of all subsequent blocks needs to be recalculated.
Therefore, the security of blockchain technology mainly comes from hash value and workload proof mechanism.
Blockchain also has a mechanism to protect its own security, which is distributed
Compared to using a centralized entity to manage the blockchain network, blockchain uses A peer-to-peer network that anyone can join
When someone joins this network, he will get a copy of the entire blockchain
This person can use this to verify that all The blocks are still legal and untampered, that is, different nodes can use this to verify each other.
When someone creates a new block,
the new block is sent to everyone on the network.
Everyone then verifies the block to ensure that it has not been tampered with.
If everything is verified correct, then everyone can add the new block to their own area. On the blockchain
We can call it that everyone on the network has reached a "consensus".
All nodes in the blockchain network reach a consensus
They agree on which blocks in the network are legal and which are illegal
Those blocks that have been tampered with will will be rejected by other users on the network
So, to successfully tamper with a blockchain, you need to tamper with all blocks on the blockchain
Recomplete the proof of work for each block and control More than 50% of the users in the blockchain network
Only in this way will the block you tamper with will be recognized by everyone
It can be said that this is basically impossible to do!
Blockchain technology itself is also constantly developing
For example, a later technological improvement is called smart contracts
Smart contracts are simple programs stored on the blockchain
br /> It can be based on what is recorded in the contractThe conditions contained in the contract are automatically executed. As long as the conditions are met, the transaction is automatically completed according to the contract
For example, automated Bitcoin transactions can be realized under specific conditions.
Learning materials:
https://www.youtube.com/watch?v=SSo_EIwHSd4
『Lu』 Popular explanation of what blockchain is
What is the popular explanation of blockchain?
What is the popular explanation of blockchain? Blockchain is a hot topic at the moment, and its development speed in the country is getting faster and faster, but many people still Don’t know what blockchain is? Now I will give you an easy-to-understand explanation of what blockchain is!
Popular explanation of what blockchain is 1Generally speaking, blockchain is a decentralized distributed ledger database. The advantage of this distributed ledger is that buyers and sellers can trade directly. There is no need for any intermediary, everyone has a backup, even if your copy is lost, it will not be affected.
Suppose you have a ledger at home, and your parents give you your salary and ask you to record it in the ledger. You misappropriated more than ten yuan privately because of your greed, and no one else knew about it. But the way to solve the problem with blockchain is to keep accounts with the whole family. Not only you are keeping accounts, but your father, mother, brother, sister, younger brother, sister, etc. are all keeping accounts. They can all see the general ledger, and you It cannot be changed, and neither can others.
Blockchain is a new application model of computer technology such as distributed data storage, point-to-point transmission, consensus mechanism, and encryption algorithm. Blockchain technology has been widely used in different industries. Such as product traceability, copyright protection and transactions, payment and settlement, Internet of Things, digital marketing, medical care, etc.
Popular explanation of what blockchain is 2Common questions in blockchain engineer interviews
What do you think the block in blockchain technology means?
The blockchain consists of information about all financial transactions. A block is nothing more than a list of records. When these lists are combined together, they are called a blockchain. For example, if an organization has 100 ledgers, their combination is called a blockchain, and a single ledger will be considered a single block.
Why is blockchain a trustworthy approach?
There are many reasons to trust blockchain. The first reason is that it is compatible with other business applications because it is open source. Secondly, it is secure because it was developed for online transactions, so the developers pay special attention to its data synchronization while keeping it safe. Because the type of business it holds is unrelated, it is easy to consider distinguishing chains when choosing.
How much do you know about blockchain?
This is a technology that actuallyIt was designed for Bitcoin and later heavily promoted to gain the multiple benefits of monitoring and recording all financial transactions on the network. This is a trusted method that is currently being used by many organizations. Since everything is secure and open source, it is easy to gain trust in the long run.
Utilizing blockchain in an organization, if there are specific technical requirements for the network?
No specific conditions of use. However, the network must be a peer-to-peer network under the relevant protocol. It literally just validates new blocks and helps organizations stay in sync without having to invest in third-party applications.
What is encryption? What is its role in blockchain?
Data security is always very important. Encryption is basically a way to help organizations keep their data secure. In this technique, data is encoded or altered to some extent by the sender before being sent to the network. Only the receiver can know how to decode it. This practice is very useful in blockchain because it increases the overall security and authenticity of the block and helps ensure that the block is secure.
What types of records can be saved on the blockchain? Are there any restrictions?
There are no restrictions on any type of records in the blockchain approach. Currently, many organizations around the world are using this approach, and the fact is that medical transaction records, organization-related events, administrative activities, transaction processing, identity management, document records are all common record types that can use blockchain. And record keeping is not limited to these applications..
What is double spending?
This is one of the main issues related to digital currencies. In practice, this is a condition of passing a digital certificate, since the card can be used multiple times through a digital file that is often easily cloned. It only leads to inflation and the organization has to bear huge losses. A major technical goal of blockchain is to eliminate this approach as much as possible.
Explain the importance of blind signatures and how they are useful?
It is actually a form of digital signature, an important part of cryptography, where all information is blinded until it is actually considered or signed. This is a proven method often considered in different privacy-related agreements between the author and the signatory. Digital currency design is one of the most common examples.
What is key sharing? Are there any benefits to blockchain technology?
As we all know, security issues in digital transactions are very important. Key sharing is a similar approach. In blockchain technology, this is a method of dividing keys or personal information into different units and sending them to network users. The original information can only be merged if the participant who distributed the key agrees to be merged with other participants. It can provide various security-related benefits in blockchain technology.
What organizations can use blockchain technology?
This method can be considered as commercial class without strict upper limit. In fact, almost all businesses are doing or online financial transactions that require them to successfully complete the implementation process. Large enterprises, financial institutions, private enterprises, government departments, and even defense agencies can easily trust this technology.
What is the difference between a blockchain ledger and a general ledger?
First of all, the main difference is that blockchain is a digital ledger that can be easily decentralized. This method is far less likely to go wrong than a regular ledger. Normal books are written by hand or by hand, blockchain does all the tasks automatically. You just need to configure it the right way and follow all the guidelines.
What is a soft fork?
Blocks in the ledger are included in a way that builds the longest chain, i.e. the chain with the greatest cumulative difficulty. A fork is a situation where there are two candidate blocks competing to form the longest blockchain, and two miners discover a working problem and fail to synchronize with each other within a short period of time. Causes network fragmentation because some nodes get blocks from miner #1 and others get blocks from miner #2. Forks are usually resolved in one block because the probability of this happening again becomes very low as the next block comes out so soon there is a new longest chain that will be considered primary.
『撒』 What is blockchain and how to introduce blockchain in a simple and easy-to-understand manner
Many people don’t know what blockchain is. Here I will give you a detailed introduction. Blockchain is a new technology that subverts the old model. Just like people tend to ignore the invisible but indispensable oxygen, people often ignore the most important thing in the market economy, which is trust. Without trust, no transaction can be established.
In addition, different races, nationalities, cultures, religious beliefs, etc. will form a trust gap. Due to the lack of mutual understanding and necessary trust between strangers, transactions are difficult to occur. The market economy emerged in large numbers among strangers. The emergence and development of the market economy lies in the birth of a new mechanism, which solves the problem of trust between strangers.
The concept of blockchain was first proposed in a paper written by Bitcoin founder Satoshi Nakamoto in 2008. Blockchain can be understood as a kind of public accounting. Technical solution: All data will be open and transparent, without the need for a central server as a trust intermediary, thus ensuring the authenticity, immutability and credibility of information on a technical level. The immutability of data is very important.
Because the blockchain has the technical characteristics of large-scale expansion, open and transparent data, and because the data of each client is consistent, even if some clients are destroyed, it will not affect the reliability of data security. In particular, it can effectively solve the problem of trust between strangers, so this technology can be extended to all areas that can be digitalized, such as digital currency, payment clearing, digital bills, proof of rights, and levy.Information, government services, medical records, etc., if blockchain technology develops, it will be closely related to everyone in the future.
『八』 Explain the blockchain in vernacular
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Recently, various ICO financial scams have been blocked in China, but this does not hinder the vigorous development of blockchain technology. After all, technology is innocent and can bring benefits to people. As for how to use it, it depends on people to operate it. If the operation is good, you can recommend development. If the operation is not good, it is like the major ICO projects. Find some knowledge for Internet celebrities to conduct so-called illegal fund-raising and financial fraud.
After talking for a long time, what is blockchain? When it comes to blockchain, the first thing that comes to mind for many people is Bitcoin. We need to solve a problem. Bitcoin is a blockchain, but blockchain is not Bitcoin. Simply put, blockchain is distributed ledger technology (DLT), not a token. It has many characteristics, such as decentralization, traceability, and difficulty in tampering.
(1) Blockchain is a distributed database
First of all, this is a decentralized distributed architecture system. Therefore, having only one central server or node is not called a blockchain. For example, if you go to Taobao to buy a mobile phone, you and the seller are strangers and have no basis for trust. If you give the money to the seller first, the seller may block you by not delivering the goods, and then your mobile phone money will be gone. If the seller ships first, do you pay? It is possible that you do not pay the seller after receiving the goods, and one party may lose money anyway. At this time, a third-party guarantee is needed to solve the trust problem. Just like Alipay now, you give money to Alipay and the seller will deliver the goods. When you receive the goods, the seller will receive the money.
The above example is a centralized system because all guarantee work is handled by Bora, a third-party payment company. Suppose one day Alipay wants to tamper with data, neither buyers nor sellers can do anything because all authority is in the hands of one company.
At this time, a distributed database is needed. This third party is no longer Alipay, but thousands of monitors. When you buy a mobile phone on Taobao, you will shout to everyone that I am going to XXX to buy a mobile phone, and I paid XXX yuan. The other person will yell like everyone else. I collected XXX’s mobile phone bill and sent it over. In this way, everyone knows about this transaction and everyone is recording this transaction, so it is useless if one or two nodes have problems or malicious behavior, because most nodes have recorded this matter.
(B) Blockchain uses encryption technology to ensure data security
There are two important points here: 1. Crypto-enabled hash function 2. Asymmetric encryption.
If you are interested in specific concepts, you can go online, but people without basic knowledge may not be able to understand it, because these two points are too professional. In fact, if you only know the use of blockchain, you don’t need to have an in-depth understanding of it. It is also a technologyconcept. All you need to know is that blockchain relies on these technical points to ensure data security and is not easily tampered with. Of course, many people say that these two points can guarantee 100% non-tampering. I want to be a little conservative here. As an author who works in the security industry, I have always been skeptical about 100% security, so it may be more appropriate to call it difficult to be tampered with.
I will briefly introduce these two concepts and try to explain them clearly in plain English.
1. Cryptographic Hash Function
This is mainly used to verify the integrity of information. For example, I sent a message to the company leader saying that I was sick on Friday and needed to take a day off. At this time, a hash value will be generated based on the message I sent, such as: 123456. At this point, when the leader receives this message, a hash value is also generated. Because the content of the message I sent has not changed (it has not been tampered with), the hash value remains unchanged, still: 123456. This is if someone wants to tamper with this news and get sick on Friday and need to take a year off. At this time, the hash value will change, such as: 123489. That's when we learned our information had been tampered with.
2. Asymmetric encryption
It is mainly used for information encryption and authentication. It is actually two keys, one is called the public key and the other is called the private key. Public key encryption, private key decryption.
A public key is a key that everyone has. You own it, I own it. We can all encrypt with this key, but when decrypting it must be decrypted with my private key. If you don't have my private key, you can't decrypt it.
(C) The blockchain uses a consensus algorithm to reach consensus on new data.
The role of the consensus algorithm is to enable all nodes to reach a consensus on the new block. In other words, everyone must approve the new block.
For a centralized deployment system, this is simple, everything is controlled by the center, but in the distributed system of the blockchain, it is very complicated. For example, there are three nodes. A said he bought a mobile phone from XXX store and paid for it, B said he didn’t pay, and C said he didn’t pay enough. Then who do you listen to? What's more, blockchain technology is not as simple as three nodes, but a huge distributed system.
This is when a solution is needed. There is a corresponding problem in computer science called the "Byzantine Universal Problem" or "Byzantine Fault Tolerance" (BFT). This question was raised not because of Bitcoin, but because of a special background.
Early aircraft had three independent control systems. Why do we need three independent control systems? For example, in an emergency, there is a plane opposite. How to judge whether you should hide? If there is only one system, there is no choice, which is equivalent to centralized deployment. If the system breaks, you're dead. What if one of the two systems breaks? The good ones are said to hide, and the bad ones are said not to hide. The computer cannot judge the final result. Therefore, three independent systems are needed to support it, and the probability of two total failures is still very small. But this only takes into account injuries. What should I do if there is a malicious system? Is three enough? The answer is no, we need four systems to maintain consensus.
The use of blockchain is similar because it has huge node support,Each node is an independent system and does not interfere with each other. We can assume that the number of failed nodes and malicious nodes is limited, so it will not cause abnormal consistency of data.
Related questions and answers: What is blockchain? What is the use?
Blockchain is a new computing paradigm and distributed infrastructure that uses fast chain data structures, distributed node consensus algorithms, cryptography and smart contracts based on automated script code to produce, verify, store and transmit data. It can also be said that blockchain is a distributed ledger technology that can provide a decentralized trust mechanism in a non-trust environment, allowing multi-party participants to conduct secure and trust-based transactions without intermediaries.
The core advantage of blockchain technology is decentralization. It can realize decentralized credit-based transactions in a distributed system where nodes do not need to trust each other by using data encryption, timestamps, distributed consensus and economic incentives. Point-to-point transactions, coordination and collaboration provide solutions to the common problems of high cost, low efficiency and insecure data storage in centralized institutions.
The fields of use of blockchain include digital currency, certificates, finance, anti-counterfeiting and traceability, privacy protection, supply chain, entertainment, etc. With the popularity of blockchain and Bitcoin, many related top domain names have been registered. It has had a relatively large impact on the domain name industry.
Related Q&A: Can you explain to me what a blockchain is in an easy-to-understand way?
Er Gazi is my friend since we were young, and we were naked in Hegou together. Later, I came to the city to study and work, and lived a life as a drifter in the north; he farmed at home and did some small business, and now he has a son and a daughter, and his life is safe. He envied my so-called "seen the world", and I envied his simple life without the pressure of mortgage loans. We have completely different and mutually enviable lives??
That day, Gazi came to me on WeChat and asked "District" What is a blockchain?" I was stunned for a moment, how could this idiot care about such an avant-garde word? I pretended to be calm and prepared to talk about the technical principles bit by bit, but I could see the confused expression of that idiot through the screen of my mobile phone. How to explain "what is blockchain" to people who have a little bit of Internet concepts and technical foundation? This seems to be a very thorny problem??
The village commissary interprets the core of blockchain (picture quoted from the Internet)
The core essence of blockchain is "decentralization", and almost all operating modes of blockchain operate around the concept of "decentralization". Once you understand what "decentralization" is, you can basically explain the question "what is a blockchain?" For Erga, of course, he must perform a version that he can understand.
“I said, Gazi, are you still open that canteen at the east end of the village?” Gazi answered yes. I decided to use this canteen as an example to explain the actual use of blockchain in modern business and financial models. Scenario, so that he can better understand what blockchain is.
"Are there still many villagers who take credit now? By the end of the year, some accounts will no longer be remembered clearly, and there are still many defaulters or those who refuse to accept their accounts?" At this point, Ergazi got into a mood, and kept complaining that people's hearts are not as old as they used to be, and business is difficult to do!
"In the past, the operation model of your canteen was a typical centralized one. You granted credit to the villagers and allowed them to take accounts on credit. All accounting was done directly through you and our villagers. You were the center of all accounting affairs." Ergazi said I understand, let me continue.
I said: "If you fail one day, then all the accounts will become dead debts? It will be difficult to get back the IOUs written in black and white, let alone those who remember the accounts verbally, but the block The decentralization of the chain can solve this problem very well. As long as the earth still exists, the blockchain will remember that every account will exist forever." Erga became more energetic after hearing this.
The essence of blockchain is “decentralization”
“The essence of blockchain is decentralization. Once someone takes credit from you, all the neighbors in the village will help you keep accounts. Because of the accounting There are many nodes, and it is neither easy to make mistakes nor others to default on the debt, so everyone reaches a consensus. If someone maliciously fails to pay back the debt, the whole village will know his character, and no one will be willing to have financial transactions with him in the future? ?”
At this point, Gazi was obviously a little excited. It seemed that he was really worried about the credit issue. Seeing that Gazi was interested, I felt a little sense of accomplishment and continued: "Of course, the above is just an analogy. In fact, the blockchain does not really allow the villagers to get paper and pen to help you keep accounts, but through the Internet It was completed by networking with the computer."
At this time, Gazi was a little confused and asked: "Then everyone in the village knows what others bought from me, so who would buy anything from me? It's really a bit weird. There is no privacy. And you don’t have time to keep accounts here. Last year’s accounts are said to be this year’s. What if you keep delaying it?”
“Okay, Gazi, you are on to the point of asking this question.” It seems that Gazi is not stupid at all, and is still very smart in doing business. I continued to explain: "So, the recording and transmission of this information are all done through encryption. What you see is a string of numbers and English, and each account has a timestamp to record the time it occurred. , can't be relied on."
Gazi had another question: "Could it be that the people who owe the debt have a good relationship with the villagers, and they join forces to tamper with the accounting? Then it will be unclear what to say? ?”
“Gazi, that’s all you have to be careful about, haha.” I understood Gazi’s concerns and continued to explain: “The mechanism of the blockchain requires more than 51% of people to agree to tamper with a bill. Yes. There is a degree of closeness and distance between people, and it is impossible for everyone to prefer one person. If it were a computer, more than half of the computers in the entire network would need to recalculate. This project is so huge that it is almost impossible to complete?? "
In this way, through the actual situation of the canteen and combined with some scenes in life, Gazi understood what is in the blockchain: decentralization, distributed accounting, consensus mechanism, encryption mechanism, timestamp, and Resistant to tampering.
Ergazi was silent for a moment, as if he was digesting the example I just gave him, and I don’t know how much he can understand it. Not too muchAfter a while, he sent me another voice message on WeChat: "What does blockchain mean? In the past, when I bought goods online and paid for them, I had to go through Jack Ma's house. If there is a blockchain, will I be able to directly contact the seller?" Transactions, bookkeeping is very safe anyway."
"Okay, Gazi, it's really clear. Blockchain is essentially a decentralized distributed ledger data cloud. Of course, it can be understood according to your understanding. "I am very happy that Ga Zi can roughly appreciate the true charm of blockchain. Fortunately, my words have not been in vain.
What is Bitcoin? (Picture quoted from the Internet)
"Then what is Bitcoin? What does it have to do with the blockchain?" Gazi asked.
I thought about it briefly and decided to continue explaining the story of the canteen to Gazi: "In your canteen, the villagers can't keep accounts for you for free all day long. Do you have to bring something to visit during the holidays? Yes, this is the reward mechanism of the blockchain, and everyone who participates in bookkeeping may receive rewards."
"Then what are the rewards based on? There must be a rule, right?" Gazi asked very puzzled.
I explained: "Zhang San went to your store to buy a pack of cigarettes on credit, but Li Si knew about it first and kept an account for you first. Then other people knew about it and started keeping accounts. Then Li Si could get A small red flower as a reward ~ This little red flower is generated by the blockchain system and has no value in itself, so you do not need to pay any cost for this little red flower??"
"Then Bitcoin can be used as money Flowers? How is it different from the banknotes we usually spend?" Gazi continued to ask.
"Bitcoin is a digital encrypted virtual currency. In principle, it has no value itself like our banknotes. However, banknotes have the country as a credit guarantee, so they have value. Bitcoin is the Bitcoin network The value formed by consensus among users has tradable attributes, so it can be used to carry value." What is said here is a bit profound, I don't know if Gazi can understand it.
I continued to explain: "Banknotes can be printed infinitely. If you print too much, inflation will occur. When we were young, popsicles costing 1 cent were very good. Now we cannot eat them for 1 yuan. Of course, there are factors that affect inflation. A lot. The number of Bitcoins is fixed, and there is no possibility of unlimited over-issuance. However, different people have different judgments on their value, coupled with the influence of supply and demand and investor sentiment, so its price is always fluctuating. ."
What is the difference between Bitcoin price fluctuations and stocks?
"So speculation in Bitcoin is speculation in stocks? Can you understand it that way?" Ga Zi seems to know a lot.
"Actually, there are some similarities, but there are also big differences." I continued Gazi's topic: "The price of stocks always fluctuates around the valuation of the company, and there is government supervision in the stock market. And Bitcoin It itself has no value, and is priced entirely based on supply and demand and player valuations. It grows wildly without any government supervision, so it may have higher risks and higher returns than stocks."
In the end. , Gazi exposed today’s realPurpose, he asked me: "Can I invest in blockchain projects?" Despite a large circle, both blockchain and Bitcoin, in fact, the question he really cares about is "Is investment in blockchain projects reliable?" When these words came out, I was extremely shocked. Now The so-called blockchain investment projects have actually reached fourth- and sixth-tier cities and small towns!
Up to now, there are only three situations in investing in blockchain: mining, currency speculation, and so-called blockchain projects.
Mining and currency speculation are still the main lines of the blockchain (pictures quoted from the Internet)
The so-called mining is to obtain returns by purchasing mining equipment such as mining machines, mining virtual currencies, and then selling them for cash. . You can install the mining machine yourself, or you can find a mining pool to host it, but the core keys to profitability are "computing power" and "power consumption" as well as investment in equipment. With the sharp drop in the price of virtual currencies and the increase in mining difficulty, the current mining returns of many currencies are very unsatisfactory. Mining is obviously something only a very small number of investors who understand technology can do well, and my childhood friend Gazi obviously can’t do it.
As for "coin speculation", I have just introduced some differences between Bitcoin and stocks in the previous section. In principle, although they are both "buy low and sell high" operations, they are very different. Ordinary investors cannot determine the value of a virtual currency itself. The price is determined entirely by the relationship between supply and demand, which is somewhat similar to what we often call "market makers." On the other hand, the virtual currency trading market is extremely unstandardized, and fraud and hacker attacks often occur. The risk factor is much greater than investing in stocks. For the safety of my friends' funds, I am one of the ten thousand people who disagree with me and come to "speculate in coins"!
The "September Fourth Movement" stipulated that the issuance of virtual currency is illegal
In fact, in my opinion, most of the so-called investment projects in the market are essentially "illegal fund-raising" and "pyramid schemes." Some so-called blockchain investment projects attract investors into the circle through various packaging and inflammatory rhetoric, and then create the illusion of profitability by building a software and hardware ecosystem of issuing new coins + mining + currency speculation, and then finally run away. Our country's laws clearly stipulate that the issuance of virtual currencies is illegal.
Illegal pyramid schemes now wear the cloak of blockchain (picture quoted from the Internet)
And how to identify some pyramid schemes under the guise of blockchain? In fact, these pyramid schemes are also so-called Ponzi schemes, what we people often call "empty gloves." These so-called "direct sales" or "marketing" activities often have no actual products to circulate, and rely more on developing "downline" to ensure top-level profits. With the rise of the concept of blockchain, this MLM model has shown an intensification trend, and it even deceives people under the banner of state support for new technologies.
When Gazi asked, “Can blockchain projects be invested in?”, I realized the seriousness of the problem. Gazi is a typical young man from a small town, and his pursuit is his wife and children. But when faced with the attraction of "wealth", people often do inappropriate things. Mining and currency speculation are simply not suitable for him.Not to mention some blockchain investment projects that are very likely to be "illegal financing" or "illegal pyramid schemes"!
I quickly dialed Gazi’s phone number and conducted the above analysis carefully??
『九』What is blockchain and what role does blockchain have
What is blockchain? What changes will it bring to your future life?
Blockchain is a new application model of computer technologies such as distributed data storage, point-to-point transmission, consensus mechanism, and encryption algorithms.
Blockchain is an important concept of Bitcoin. It is essentially a decentralized database. As the underlying technology of Bitcoin, it is a series of related cryptographic methods. Each data block contains a batch of Bitcoin network transaction information, which is used to verify the validity of the information (anti-counterfeiting) and generate the next block.
In the original English version of the Bitcoin white paper, the word blockchain does not actually appear, but chain of blocks is used. In the earliest Chinese translation of the Bitcoin white paper, chain of blocks was translated into blockchain. This is the earliest time when the Chinese word "blockchain" appeared.
The Cyberspace Administration of China issued the "Blockchain Information Service Management Regulations" on January 10, 2019, which will come into effect on February 15, 2019.
In a narrow sense, blockchain is a chain data structure that combines data blocks in a sequential manner in chronological order, and is cryptographically guaranteed to be non-tamperable and Unforgeable distributed ledger.
Broadly speaking, 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 to ensure data transmission and Access security, a new distributed infrastructure and computing method that uses smart contracts composed of automated script codes to program and operate data.
In fact, to understand it very simply and vividly, we can imagine that everything in life is realized in digital form, including food, clothing, housing, transportation, medical treatment, education, etc., based on the Internet, it can be easily done at home Get it done, no matter where you go to do business or trade, you can completely operate it with your mobile phone. With the continuous development, everything we do can be easily completed online, such as volumetric work, production, planting, etc. Of course, the rise of 5g will bring about the end No one can accurately predict what it is now, but it will definitely bring about earth-shaking changes in life and social form!
Blockchain was born from Satoshi Nakamoto’s Bitcoin. Since 2009, various Bitcoin-like digital currencies have appeared, all based on public blockchains.
The current situation of digital currency is that a hundred flowers are blooming. List some common ones: bitcoin, litecoin, dogecoin, OKcoinetc. In addition to currency applications, there are also various derivative applications, such as NXT, SIA, BitShares, MaidSafe , Ripple, Ethereum and more.
On January 20, 2016, the People’s Bank of China Digital Currency Seminar announced that it had achieved phased results in digital currency research. The meeting affirmed the value of digital currency in reducing the issuance of traditional currency and stated that the central bank is exploring the issuance of digital currency.
Some areas where blockchain can be used can be:
▪ Smart contracts
▪ Securities trading
▪ E-commerce
▪ Internet of Things
▪ Social communication
▪ File storage
▪ Proof of existence
▪ Identity verification
▪ Equity crowdfunding
The development of blockchain can be compared to the development of the Internet itself. In the future, there will be an Internet called finance-internet, and this thing is based on blockchain, its precursor is bitcoin, that is, traditional finance starts from private chains and industry chains (local area network), and the bitcoin series starts from public chains (wide area network), both expressing the same The concept of digital assets (Digital Asset) eventually converges to an intermediate equilibrium point.
The core advantages of the blockchain architecture include:
Any node can create a transaction, and after a period of confirmation, it can reasonably confirm whether the transaction is Effectively, blockchain can effectively prevent problems from happening on both sides. The cost of trying to rewrite or modify transaction records is very high. Blockchain implements two types of records: transactions and blocks. Transactions are the actual data stored on the blockchain, while blocks are records confirming when and in what order certain transactions became part of the blockchain database. Transactions are created by participants using the system in the normal course (in the case of cryptocurrencies, a transaction is created by Bob sending tokens to Alice), while blocks are created by what we call Units of miners are responsible for creating.
So in conclusion, this is undoubtedly a new technology that changes life. In the future, the production activities of the entire society will be carried out with blockchain as the underlying logic, and many things will be within our reach. , coupled with the integration of artificial intelligence and big data, we can easily handle things that may seem cumbersome now, such as some securities market transactions and intelligent matching of financial management activities.
To put it simply, blockchain is a network computing center that integrates people, property, machines, and goods, and packages it into a whole; putting it on an infrastructure to run the network computing center .
Now the author’s imagination is not big enough to imagine what the future world will be like. I am looking forward to it!
I know a thing or two about this issue. Let’s get to know this mysterious thing - blockchain.
Blockchain is a new application model of computer technologies such as distributed data storage, point-to-point transmission, consensus mechanism, and encryption algorithms. Blockchain is an important concept of Bitcoin. It is essentially a decentralized database. As the underlying technology of Bitcoin, it is a series of data blocks generated using cryptographic methods. Each The data block contains information about a batch of Bitcoin network transactions, which is used to verify the validity of the information (anti-counterfeiting) and generate the next block
The more popular it is, the more fake it is to keep the real. First of all, we must first figure out what the real blockchain technology is.
As an example, take buying fruits online.
The process of purchasing fruits online is as follows:
Using blockchain technology and decentralization, the process of purchasing fruits is as follows:
Summary:
1. We found that the original transaction process is: buyers and sellers make transactions, and all key processes are dealing with the payment platform. The advantage of this is that if there is a problem in any link, both sellers and buyers can seek help through the platform and let the platform arbitrate. However, a major bug or hacker attack occurs on the platform, resulting in the loss of all transfer records within a period of time. How to deal with the loss is a troublesome matter.
2. The transaction process using blockchain technology is: everyone’s ledger has exactly the same transaction record. Even if Alipay’s ledger server is broken, the seller’s ledger still exists, and the buyer’s ledger still exists. Still exists. Once this transaction occurs, the traces will never be erased.
This is the core of the blockchain, which is the four words "accounting + accounting".
The development and maturity of blockchain technology cannot be separated from the foundation and foreshadowing of the above new generation of Internet technology. Blockchain is not onlyIt is a kind of technology, and it also provides a service model and solution, which plays an extremely important role in promoting the further development of the Internet industry.
1. Blockchain + Finance
2. Blockchain + Supply Chain Management
3. Blockchain + Intelligent Manufacturing
4. Blockchain + Public Services
5. Blockchain + Education and Employment
6. Blockchain + Culture and Entertainment
7. Blockchain + payment
8. Blockchain + invoice {Already enabled in Shenzhen}
Traceability and non-tamperability of blockchain , perfectly combined with the inherent nature and needs of the financial industry, which makes the application of blockchain in the field of financial services the most in-depth and relatively mature field so far. Blockchain technology has broad application prospects. The future technological competition will also be a blockchain competition.
It is important to understand blockchain, which is important to see through various pseudo-blockchain scams.
If someone uses a bunch of professional terms to explain blockchain, it will be difficult for you to understand, and they may not really understand it themselves.
Therefore, we first establish a psychological line of defense. Anyone who sells you concepts and uses a lot of unfamiliar technical terms may be a liar. Be very careful!
To understand blockchain, you must know what the core appeal of blockchain is. What do you think you are most worried about in today's highly developed Internet world?
Privacy, yes, privacy. How to protect privacy? You may be monitored at any time, and any of your personal information may be stolen at any time. If personal privacy is not absolutely protected, the Internet will become another pyramid of power. Who is standing on top of the pyramid? He is the smartest technical master, a platform provider, and an information regulator. You and I may be the people at the bottom of this pyramid.
The people who originally invented the blockchain had serious concerns about being completely swallowed up by the Internet, and tried to create an absolutely safe encryption technology to lock up personal privacy. This technology completely subverts traditional encryption technology. In fact, rather than locking up privacy, it is better to tear it into pieces and then distribute the pieces to different people for private keeping. Unless everyone agrees to take the pieces and piece together the complete code, the truth cannot be recreated. This is the first mechanism of blockchain, which is decentralization.
But decentralization alone is not enough. It is also necessary to make those who steal password fragments have nowhere to hide, so that every action of the thief can be recorded indelibly and posted everywhere on the Internet. Diffuse and make it public. This is the second blockchainMechanism means that the mechanism cannot be hidden. Do you think, who snoops into privacy is not sneaky?
In summary, the blockchain is to hide privacy in a decentralized manner, record any actions that reproduce this privacy, and make it public. Seeing this, you may want to applaud the blockchain. Don't worry, how can there be such a good thing in the world? Is there any utopia that is absolutely safe? If blockchain can be realized in an absolute sense, will the existence of the government still be meaningful? Yes, blockchain was originally the embodiment of anarchy. Its ultimate meaning is destined to never be realized. Its survival may have to rely on power, and it is destined to become another beautifully packaged lie and a pretense to deceive people. In this sense, the government must also specify a framework for the development of the blockchain, reconstruct the value of the blockchain, and expel the anti-government and anti-national attempts contained in the blockchain. Some blockchain technologies can be used in concrete applications, but decentralization must not be promoted. In short, we must remain highly vigilant about blockchain. Beauty often hides its sting. Absolutely ideal recipes often turn out to be poison. The person who says he can absolutely protect your privacy and financial security is the real voyeur and vampire.
Perhaps the best way for us to protect privacy is not to have any privacy, to live a completely open life, either to live like a sun or to live like a god of wine.
Viewpoint: 1. The concept of blockchain originated from the technical attributes of Bitcoin (distributed data storage and accounting, decentralization, inability to tamper with transaction records, point-to-point information transmission, sharing mechanism...), but Later, some people continued to extend and expand the concept to many commercial fields to facilitate capital speculation. 2. Blockchain in reality (the current blockchain on the market is very confusing), the hype concept is mostly used to make money in the stock market, and there is still a lack of regulatory loopholes. , legal and regulatory issues, etc., and even money laundering (the actual operation of blockchain products is one thing, the capital operation behind it is another). At present, the computer systems around the world cannot meet the characteristics of blockchain attributes. Technical requirements (such as distributed data storage and accounting, decentralization...), network bandwidth, storage technology and computer computing systems cannot meet transaction operation requirements (it is easy to use computer technology to make your network clogged or unable to complete distribution) There are risks arising from practical applications such as formal data storage or transactions being interrupted or delayed at any time. In addition, as far as the current global computer system is concerned, it is easy to crack the underlying program of the blockchain (this is a fatal flaw in the current global computers, 0 and 1 binary logic In addition, if the reverse blockchain mode calculation algorithm is used, it is very easy to crack the blockchain. This reverse calculation mode can also completely tamper with all transaction records. If a true quantum computer becomes available in the future, it can directly break all blockchain computers in seconds. System, Bitcoin mining is a Ponzi scheme, 3. Most of the blockchains currently on the global market are basically capital speculation concepts to make money.
The concept of blockchain has been around for several years. , listened to a blockchain project early last yearThe boss said that 2018 was the best year for the development of blockchain. After this year, external development fell behind. What is blockchain? To put it bluntly, it's like a pig's intestines, each section connected together. Blockchain is to connect these blocks together, fix them, and use computer and Internet encryption technology to prevent secrets from being leaked to the outside world. This technology cannot be explained to non-professionals through professional terminology, and generally they will not understand it. It can only be explained with an analogy. Let me give you two examples:
1. Four people, A, B, C and D, play mahjong and gamble in a mahjong parlor. They use chips for each game and settle the bill at once when they break up. A loses 1,500 yuan and B loses 300 yuan. Yuan, C won 200, and D won 1,600. As a result, A only has 1,000 yuan, and everyone else has sorted it out, but A still owes D 400 yuan. Only these four people know about this matter, and these four people are one block. There is no proof for what he says, and he doesn’t know how to write an IOU for this kind of thing. What will happen if A doesn’t pay back the money in the future? Except for the four people A, B, C and D who were present, no one else knew about this matter. If A wanted to default on the debt and said that he did not owe money at all, only three people, B, B, D and D, knew that A was defaulting on the debt. It would be difficult for others to judge whether A owed money and refused to pay it back. Therefore, the value of blockchain needs to expand participation. What if these four people were playing mahjong and a dozen friends were watching? Isn’t the cost of defaulting on the loan high? This is real life block. What about extending to the Internet? Then there are endless possibilities and there are many scenarios.
2. If four people, A, B, C and D, do business in a business group of 500 people, this group of 500 people is a big block. Once, A asked B for 10,000 yuan of goods, but did not pay B in time. A said at that time that he would pay B within 3 days. Everyone in the group knows this. If A fails to send money to B within 3 days, then the other 498 business partners in the group will know about it. If A defaults on the debt, his reputation in this business circle will be ruined. affected. This is a block.
Later, A wanted to do business with C. C asked A for goods. A said, you pay a deposit of 5,000 yuan and the goods will be shipped immediately. C paid 5,000 yuan to A, but A was delayed. Not shipping, everyone in the group knows this, this is another block. When the two blocks are connected, everyone doubts A's credibility. How many times have you done this? Will Mr. A continue to play in the future? This is the value of blockchain.
Blockchain may seem complicated, but it is not complicated at all; it may seem simple, but it is actually very difficult to operate. The blocks are too small and meaningless. If a block wants to grow bigger, privacy and business secrets will be involved. For example, it is inconvenient to talk about falling in love in a large group; for example, it is inconvenient to discuss it openly in the group (block) beforehand when working together to do big business. However, there are still occasions when blockchain technology is used, such as poverty alleviation work, disaster relief fund management, etc. It is exposed to the sun and everyone knows it and supervises each other. I’ve given these two examples. Do you understand them at all?
【AboutThe most core and easy-to-understand introduction to blockchain]
1. How does blockchain create trust? We use "1", "2", and "3" to summarize the characteristics of the blockchain:
- "1" summarizes the blockchain: a trusted distributed database;
- "2" core properties: distributed, non-tamperable;
- "3" key mechanisms: cryptography principles, data storage structure, consensus mechanism.
The "distributed" and "non-tamperable" properties ensure the "honesty" and "transparency" of the blockchain, which is the basis for the blockchain to create trust.
2. In terms of industry, it is expected that the financial industry will be dominated by the financial industry in the next 3-5 years, gradually radiating to other real industries, more realistic scenarios will be accelerated, and the industry will develop from "1 to N" to Including entertainment, product traceability, credit reporting, etc.
In the future, in addition to using technologies such as side chains, lightning networks, and cross-chains, blockchain will also need to be deeply integrated with emerging information technologies such as 5G, artificial intelligence, big data, and the Internet of Things to enhance the Technical performance and off-chain data quality and reduce resource waste.
3. Smart contracts may be the most revolutionary application on the blockchain. If smart contracts are widely used on the blockchain, the economic division of labor will be further refined in the Internet era. Network nodes around the world will directly connect demand and production, and broader social collaboration will be realized.
If the above vision is realized, the combination of blockchain technology and industry is expected to usher in an explosive moment "from 1 to N". Its explosion may not be linear but non-linear. Blockchain Only then can the chain be upgraded from a "trust machine" to an important "engine" leading the industry wave.
Decentralization. Prevent cheating. It used to be that one person kept accounts and could make changes. Now there are 50 people. Each person records an entry and everyone has a record in the account book. Can you make changes to all 50? All 50 ledgers are valid unless they are all changed. So it's very useful.
I saw many people answering that ordinary people cannot understand intuitively. Let me explain simply and clearly, blockchain is decentralized. When something happens, everyone writes it down and has their own password, which cannot be tampered with.
Even if a hacker wants to change it, he has to do it one by one, which will tire him out. In fact, it is impossible, at least for now.
Blockchain is a new application model of computer technologies such as distributed data storage, point-to-point transmission, consensus mechanism, and encryption algorithms.
Blockchain originated from Bitcoin and is an important concept of Bitcoin. It is essentially a decentralized database. As the underlying technology of Bitcoin, it is a string of passwords.Data blocks generated by cryptographic methods. Each data block contains a batch of Bitcoin network transaction information, which is used to verify the validity of the information and generate the next block.
Blockchain has potentially huge application value in financial fields such as international exchange, letters of credit, equity registration and stock exchanges. The application of blockchain technology in the financial industry can eliminate the need for third-party intermediaries and achieve direct point-to-point connection, thereby greatly reducing costs and quickly completing transaction payments.
After reading so many expert advices, I am still confused. I only remember that someone used this so-called "blockchain" to do pyramid schemes in the past...
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