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区块链激励协议是什么,区块链激励协议有哪些

发布时间:2023-12-20-03:53:00 来源:网络 区块链知识 区块   协议

区块链激励协议是什么,区块链激励协议有哪些

区块链激励协议是一种基于区块链技术的激励机制,它利用区块链技术来支持和促进网络的发展,以提高网络的可用性和可靠性。激励协议是一种共识机制,它可以帮助网络节点之间达成共识,从而实现区块链网络的有效运行。

探讨区块链激励协议,我们不得不提及三个关键词,即智能合约、挖矿和令牌经济。

智能合约是一种可以自动执行的协议,它可以通过编程来实现,可以用来实现自动执行的协议,以及实现自动执行的智能合约。智能合约可以极大地提高区块链网络的可靠性,并且可以帮助网络节点之间达成共识。智能合约还可以用来实现激励协议,以激励网络节点的参与和发展。

挖矿是区块链技术中最重要的一部分,它是指网络节点参与到区块链网络中,通过计算来获得令牌或货币的过程。挖矿可以帮助网络节点获得报酬,从而激励节点参与区块链网络的发展。挖矿还可以帮助网络达成共识,从而保证区块链网络的安全性。

令牌经济是一种基于区块链技术的数字货币经济体系,它可以帮助网络节点之间达成共识,从而实现区块链网络的有效运行。令牌经济可以帮助网络节点获得令牌,从而激励节点参与区块链网络的发展。令牌经济还可以帮助网络节点实现财务自由,实现数字货币的安全交易。

总之,区块链激励协议是一种基于区块链技术的激励机制,它可以通过智能合约、挖矿和令牌经济来激励网络节点的参与和发展,从而促进区块链网络的可用性和可靠性。


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Ⅰ A brief discussion on several major applications of blockchain and which ones are pitfalls

What can blockchain do? Blockchain, a great technology that accompanied the birth of Bitcoin, is currently being used in the financial field to significantly reduce transaction costs and improve efficiency, which is enough to excite Wall Street. However, this is just the tip of the iceberg. Its potential applications are very broad and will subvert every aspect of our lives in the future.

The Internet is an information network, with 0s and 1s flowing in it. Blockchain is a value network, and its role is to transmit value, unlike the Internet for data transmission.

Speaking of value transfer, there is a very simple scenario, such as payment, I have 100 yuan in hand, and I want to transfer it to the group. I can use WeChat red envelopes or WeChat transfers. Here During the transaction process, a third party is required to participate, and the transmission method of the blockchain is point-to-point transmission, which does not require any intermediate node. This is a very big difference between the blockchain and our existing architecture.

When it comes to peer-to-peer payments, many people will think of Bitcoin, because most people know blockchain from Bitcoin. What is the difference between blockchain and Bitcoin?

Blockchain is the technology behind Bitcoin; blockchain is a basic technical architecture that designs and implements an autonomous system with multi-party participation through a specific data structure and consensus algorithm.

The specific data structure is actually the name blockchain itself, that is, its data is placed in data blocks one by one, and then these data blocks are connected and implemented using a chain. "Consensus algorithm" is a very important concept in blockchain. Without synchronic algorithm, there would be no meaning of blockchain.

Introduction to Bubi Blockchain

Bubi Blockchain has been focusing on the R&D and innovation of blockchain technology and products since its establishment, and has a number of core technologies. It has made substantial innovations in many aspects and formed a number of core technical achievements, such as: mathematically provable distributed consensus technology, fast large-scale ledger access technology, multi-chain general ledger technology that supports business expansion, and heterogeneous ledger technology. Construct interconnection technology between blockchains, etc. On April 25, "Gege Points" introduced the concept of blockchain into the points system, jointly opened it up with multiple parties, issued and redeemed points, and promoted the circulation of points. Each cooperative institution can jointly participate in transaction verification, ledger storage, and real-time settlement; the third-party payment platform of the enterprise points issuer makes the entry and exit of points more flexible. Bubi has developed its own basic blockchain service platform, which has been applied in equity, supply chain, points, credit and other fields. Bubi has been committed to building an open value circulation network with decentralized trust as the core, allowing digital assets to flow freely.

Having said that, let’s analyze the difference between blockchain and Bitcoin?

1. Benqualitative difference. For the world, Bitcoin is a digital currency based on cryptography, while blockchain, as we just said, is a value transfer protocol. There is an essential difference between the two, because one is a digital currency. , one is a value transfer protocol.

2. Algorithm. Bitcoin's consensus algorithm is based on a working algorithm called proof of work, POW. There are many different consensus algorithms in the blockchain. It can use either the Bitcoin POW algorithm, the POS algorithm, or the DPS algorithm.

3. Transaction speed. Bitcoin is limited to a maximum of seven transactions per second. Please note that what is mentioned here is the maximum and not the average, because this is a very strict definition. For the blockchain, the number of transactions per second can actually reach tens of thousands or more, so this is also One major difference between blockchain and Bitcoin. Because many people will be confused and say that the transaction speed of the blockchain is seven transactions per second. This is wrong. This is a limitation of Bitcoin. The blockchain can reach very high speeds based on its different consensus algorithms and linking methods. Transaction speed.

4. Link form. Bitcoin is a blockchain based on the Internet, which means we call it a public chain. The blockchain can be in the form of a public chain, a private chain, or a consortium chain.

5. Limitations. It is recommended that everyone not touch some digital currencies related to blockchain. What's the reason? Bitcoin is a digital currency. Although it has very good and different characteristics, it does not comply with financial supervision. In other words, these 21 million Bitcoins were issued without national authorization and without national credit as a multiple. was released below. The blockchain also has some limitations. Although it is just a protocol and a technology, it is still a new technology in its infancy.

To summarize, blockchain is a relatively low-level protocol and a technical infrastructure, on which there are various consensus algorithms. If the blockchain is 1, the consensus algorithm may be 10 to 20, but the applications based on it may be one thousand or two thousand, or more. In other words, Bitcoin is only one of many blockchain applications. A realization. Therefore, Bitcoin and blockchain cannot be equated. Bitcoin is only a very elementary implementation of blockchain.

What can blockchain do? Blockchain problem? In the bill market, digital bills based on blockchain technology can become a safer, smarter, and more convenient bill form. Point-to-point transactions realized with the help of blockchain can break the existing functions of bill intermediaries and realize the disintermediation of bill value transfer; the construction and data storage of digital bill systems do not require a central server, eliminating the need for the development of central applications and access systems. costs, reducing the maintenance and optimization costs of the system under the traditional model, and reducing the risks caused by system centralization; information based on blockchain cannotTamper-proof, once the transaction of the bill is completed, there will be no default, thereby avoiding behaviors such as "selling more than one ticket", out-of-synchronization of payment and endorsement, and effectively preventing bill market risks. The securities trading market is also an area where blockchain technology has great potential. The current traditional securities trading model has the shortcomings of long transaction processes, low transaction efficiency, and high comprehensive costs. In addition, there are strong intermediaries and regulatory agencies, and the rights of financial consumers are often not protected. Applying blockchain technology, buyers and sellers can be directly matched through smart contracts, and the efficiency of transaction execution can be greatly improved. Settlement and delivery can be automatically realized through a distributed digital registration system. Since the data entered into the block is irreversible and can be copied to each data block within a short period of time, the information entered into the blockchain actually has a publicity effect, so the occurrence of the transaction and the confirmation of ownership will not occur. dispute.

What can blockchain do? Blockchain problem? Although there is no mature underlying blockchain technology platform solution currently, technical problems such as capacity scalability, privacy protection, inability to settle on a net basis, and non-recourse after the event also need to be solved, and large-scale application of blockchain Technology also requires redesigning IT architecture and reengineering business processes, but these are only technical issues. The real test of blockchain technology taking root and growing in the financial field is the ontology of regulatory agencies and financial institutions. Will the inherent "deregulation" and "decentralization" characteristics of blockchain make market entities have no motivation to drive technology? Innovation. However, since the blockchain is a technology based on mathematical algorithms, the establishment of a trust relationship between transaction parties does not require the use of intermediaries or authoritative centers at all, and the cost of establishing a trust relationship is almost zero (when the blockchain financial infrastructure and ancillary infrastructure are established (under the premise), and the blockchain code is open source and open, without geographical restrictions, and the network pattern is distributed and interconnected, laying a technical foundation for the establishment and development of inclusive finance and shared finance in the future, and creating material conditions for global financial integration and unification. From this point of view alone, blockchain technology will surely establish a core position in future financial development, and it will rely on and complement each other to win the future.

II The main function of the blockchain incentive mechanism is to encourage nodes to join the blockchain network and participate in blocks

to prevent tampering with the general ledger. The incentive mechanism encourages nodes to participate in maintaining the safe operation of the blockchain system through economic balance. It is a driving force to prevent tampering with the general ledger and maintain the operation of the blockchain network for a long time. If the blockchain is applied to business scenarios, it does not need to have an incentive function, because the business demands of participants will naturally motivate them to proactively manage and maintain the blockchain.

What is Ⅲ rgp

RGP (Resource-Generation Protocol, Resource Generation Protocol) module is one of the important protocols in blockchain technology and is also the implementation of blockchain Key protocols for ecologically sustainable development.

However, there are some problems with this approach, such asComputing power competition will lead to energy waste and environmental pollution. The RGP protocol changes this competition method through a resource-based incentive mechanism to achieve a more efficient and sustainable blockchain system. The RGP protocol combines resource generation and node rewards, allowing nodes to obtain corresponding rewards while providing computing power and storage resources. This resource-based incentive mechanism can not only reduce energy waste and environmental pollution, but also improve the security and reliability of the network. The implementation of the RGP protocol requires the support of blockchain technology, which uses smart contracts to manage node resources and reward mechanisms. The smart contract can calculate the corresponding rewards based on the amount and quality of resources provided by the node, and send the rewards directly to the node's account. This smart contract mechanism allows the RGP protocol to be automatically managed and executed, avoiding the problem of centralized management. In short, the RGP protocol is an important protocol to achieve sustainable development of the blockchain ecosystem. It uses a resource-based incentive mechanism to allow nodes to receive corresponding rewards while providing computing power and storage resources, thereby achieving a more efficient and sustainable blockchain system. In the future, the RGP protocol is expected to become one of the important development directions of blockchain technology.

IV What exactly is blockchain technology and why is it so hyped?

Blockchain is a decentralized, distributed ledger system participated by nodes, which stores The data cannot be forged or tampered with, and is open and transparent. The information and value recorded by each account at any point in history can be found on the blockchain. The characteristics of the blockchain protocol provide the necessary foundation for the operation of smart contracts. The contracts can be automatically executed and trusted according to established conditions without the need for review by any centralized organization.
Blockchain technology is the underlying core of the Bitcoin system. Its essence is a decentralized ledger. When people conduct transactions through the network, a new transaction will be recorded on the ledger, and this ledger is a The distributed ledger is jointly maintained by everyone in the network. People can see the transactions in progress at the same time, and control is not in the hands of institutions or individuals. Transactions cannot be tampered with or forged, and they will be permanently stored in the ledger.
For example, the Tongxin Huzhu blockchain mutual aid platform has four major characteristics in applying blockchain technology:
Open and transparent
Open and transparent, once all information recorded on the blockchain is recorded, it will be very It is difficult to tamper with and cannot be hidden, and users can check it at any time.
Democratic decision-making
Bottom-up decision-making, the blockchain proposes a variety of different consensus mechanisms to help users effectively form bottom-up decisions and jointly participate in major decisions.
Accurate execution of rules
Accurate execution of rules. The smart contract technology defined on the blockchain converts all rules into public and clear codes, which can be executed accurately. Once it is determined that no one can intervention.
Never downtime
Never downtime, the blockchain based on the public chain is not affected by any organization or individual, onlyIf the incentive mechanism is to be effective, the Internet exists and the blockchain exists.

Ⅳ What are the core blockchain technologies of blockchain technology?


What is the hottest Internet topic at the moment? You don’t need to tell me what the editor is saying, it is blockchain. Blockchain technology, but many friends have only heard of this technology and do not have much in-depth understanding of it. So what are the blockchain technologies? Below we will bring you an introduction to the core technology of blockchain for your reference.
What are the core elements of blockchain technology?
Blockchain technology, which can be a public ledger (visible by anyone) or a permissioned network (visible only by those authorized), solves supply chain challenges , because it is an immutable record that is shared among network participants and updated in real time.
Blockchain technology----data layer: designing the data structure of the ledger
Core technology 1. Block + chain:
Technically speaking, block is a data structure that records transactions. Reflects the flow of funds for a transaction. The blocks of transactions that have been reached in the system are connected together to form a main chain, and all nodes participating in the calculation record the main chain or part of the main chain.
Each block consists of a block header and a block body. The block body is only responsible for recording all transaction information in the previous period, mainly including the number of transactions and transaction details; the block header encapsulates the current version number, previous A block address, timestamp (recording the time when the block was generated, accurate to seconds), random number (recording the value of decrypting the answer to the math question related to the block), target hash value of the current block, and Merkle number Root value and other information. From a structural point of view, most functions of the blockchain are implemented by the block header.
Core technology 2. Hash function:
The hash function can convert data of any length into a set of fixed-length codes through the Hash algorithm. The principle is based on a cryptographic one-way hash function. This kind of function is easy to verify, but difficult to crack. Usually, the industry uses y=hash(x) to represent it. This hash function implements operations on x to calculate a hash value y.
Commonly used hash algorithms include MD5, SHA-1, SHA-256, SHA-384 and SHA-512, etc. Taking the SHA256 algorithm as an example, inputting any string of data into SHA256 will result in a 256-bit Hash value (hash value). Its characteristics: the same data input will get the same result. As long as the input data changes slightly (for example, a 1 becomes a 0), a completely different result will be obtained, and the result cannot be predicted in advance. Forward calculation (calculating the corresponding Hash value from the data) is very easy. Reverse calculation (cracking) is extremely difficult and is considered impossible under current technological conditions.
Core technology 3. Merkle tree:
Merkle tree is a hash binary tree, which can be used to quickly verify the integrity of large-scale data. In blockchain networks, Merkle trees are usedAll transaction information in a block is summarized, and a unified hash value of all transaction information in the block is finally generated. Changes in any transaction information in the block will cause the Merkle tree to change.
Core technology 4. Asymmetric encryption algorithm:
Asymmetric encryption algorithm is a key secret method that requires two keys: public key and private key. The public key and the private key are a pair. If the public key is used to encrypt data, only the corresponding private key can be used to decrypt it, thereby obtaining the corresponding data value; if the private key is used to sign the data, then only the corresponding public key can be used to sign the data. In order to verify the signature, the sender of the verification information is the holder of the private key.
Because encryption and decryption use two different keys, this algorithm is called an asymmetric encryption algorithm, while symmetric encryption uses the same key in the encryption and decryption processes.
Blockchain technology----network layer: realize the decentralization of accounting nodes
Core technology 5. P2P network:
P2P network (peer-to-peer network), also known as point-to-point technology, is no Central server, Internet system that relies on user groups to exchange information. Unlike a centralized network system with a central server, each client in a peer-to-peer network acts as both a node and a server. Domestic Xunlei software uses P2P technology. The P2P network has the characteristics of decentralization and robustness.
Blockchain technology----Consensus layer: allocate the task load of accounting nodes
Core technology 6. Consensus mechanism:
Consensus mechanism is how to reach consensus among all accounting nodes to identify The validity of a record is both a means of identification and a means of preventing tampering. There are currently four main types of consensus mechanisms: PoW, PoS, DPoS and distributed consensus algorithms.
PoW (Proof of Work, proof of work): PoW mechanism, which is like Bitcoin’s mining mechanism, miners package existing transactions that have not been recorded by the network into a block, and then continue to traverse and try to find a random number , so that the hash value of the new block plus the random number meets certain difficulty conditions. Finding a random number that meets the conditions is equivalent to determining the latest block of the blockchain, and is also equivalent to obtaining the current round of accounting rights of the blockchain. Miners broadcast blocks that meet the mining difficulty conditions in the Yuanfu network. After verifying that the block meets the mining difficulty conditions and that the transaction data in the block meets the protocol specifications, other nodes in the entire network will each Blocks are linked to their own version of the blockchain, thereby forming a network-wide consensus on the current network state.
PoS (ProofofStake, Proof of Stake): PoS mechanism requires nodes to provide proof of a certain number of tokens to obtain a distributed consensus mechanism for competing for blockchain accounting rights. If you rely solely on the token balance to determine the bookkeeper, you will inevitably make the rich win, which will lead to the centralization of bookkeeping rights and reduce the fairness of the consensus. Therefore, different PoS mechanisms use different methods to increase the amount of money based on the proof of equity. The right of accountingMechanism to avoid centralization. For example, in the PeerCoin PoS mechanism, the Bitcoin with the longest chain age has a greater chance of obtaining accounting rights. NXT and Blackcoin use a formula to predict the next accounting node. The more tokens you own, the greater the probability of being selected as an accounting node. In the future, Ethereum will also switch from the current PoW mechanism to a PoS mechanism. Judging from the information currently available, Ethereum's PoS mechanism will use nodes to place bets on the next block. The winner of the bet will receive an additional Ethereum currency award. Those who do not win will be deducted Ether coins to reach consensus on the next block.
DPoS (DelegatedProof-Of-Stake, share authorization certificate): DPoS is easy to understand and is similar to the modern corporate board of directors system. The DPoS mechanism adopted by BitShares is that shareholders vote to select a certain number of witnesses. Each witness has two seconds of authority to generate blocks in order. If the witness cannot generate a block within the given time slice, The block generation authority is given to the witness corresponding to the next time slice. Shareholders can replace these witnesses at any time by voting. This design of DPoS makes the generation of blocks faster and more energy-saving.
Distributed Consistency Algorithm: Distributed Consistency Algorithm is based on traditional distributed consistency technology. Among them are Byzantine fault-tolerant algorithms that solve the Byzantine Generals problem, such as PBFT (Byzantine fault-tolerant algorithm). In addition, distributed consensus algorithms (Pasox, Raft) that solve non-Byzantine problems are not explained in this article. This type of algorithm is currently a commonly used consensus mechanism in alliance chain and private chain scenarios.
Taken together, POW is suitable for public chains. If you build a private chain, it is more suitable to use POS because there is no trust problem in verification nodes; and because there are untrustworthy local nodes in the alliance chain, it is more suitable to use DPOS.
Blockchain technology----Incentive layer: Develop a "salary system" for accounting nodes
Core technology 7. Issuance mechanism and incentive mechanism:
Take Bitcoin as an example. Bitcoins are initially rewarded by the system to miners who create new blocks, and this reward is halved approximately every four years. At the beginning, miners were rewarded with 50 Bitcoins for each new block recorded, and this reward is halved approximately every four years. By analogy, by around AD 2140, newly created blocks will no longer receive rewards from the system. By then, the total number of Bitcoins will be approximately 21 million. This is the total number of Bitcoins, so it will not increase indefinitely.
Another source of incentives is transaction fees. When there are no system rewards for newly created blocks, the miners' income will change from system rewards to transaction fees. For example, when you transfer, you can specify 1% of it as a handling fee to be paid to the miner who records the block. If the output value of a transaction is less than the input value, the difference is the transaction fee, which will be added to the incentive for that block. As long as a given amount of electronic currency has entered circulation, the incentive mechanism can gradually be converted to rely entirely on transaction fees, so there is no need to issue new ones.currency.
Blockchain technology----contract layer: giving the ledger programmable features
Core technology 8. Smart contract:
Smart contract is a set of programmed rules and logic that respond to scenarios. Implemented by decentralized, trusted shared script code deployed on the blockchain. Normally, after the smart contract is signed by all parties, it is attached to the blockchain data in the form of program code, and is recorded in a specific block of the blockchain after being propagated through the P2P network and verified by nodes. Smart contracts encapsulate a number of predefined states and transition rules, scenarios that trigger contract execution, response actions under specific scenarios, etc. The blockchain can monitor the status of smart contracts in real time, and activate and execute the contract by checking external data sources and confirming that specific trigger conditions are met.
The above is what blockchain technologies the editor has brought to you? All content introduced to the core technology of blockchain.

VI What is the IPFS mining machine and how does it make money? Is the income really high?

IPFS is similar to http and is a file transfer protocol. For IPFS to run, it requires many computers (storage devices) as nodes in the network. Broadly speaking, all participating computers can be called IPFS mining machines.

In order to attract more users to join as nodes and contribute to the network, the IPFS network has designed a cryptocurrency called filecoin, which is distributed to participants based on the amount of storage space and bandwidth contributed ( node) as a reward. In a narrow sense, a computer designed specifically for obtaining filecoin rewards is called an IPFS mining machine.

Since the IPFS network requires storage space and network bandwidth, in order to obtain the highest revenue ratio, IPFS mining machines usually enhance storage space and reduce the power consumption of the entire machine. For example, equipped with more than 10 large-capacity hard drives, equipped with Gigabit or higher speed network cards, using ultra-low power consumption architecture processors, etc.

Of course, the mining machine provides storage services and can earn profits. The size of the income is related to the configuration of the mining machine and the current number of IPFS mining machines.

(6) Extended reading of blockchain incentive protocol

The reasons why it is not recommended to invest in IPFS:

1. IPFS technology is too technical In the early days, it was difficult to apply commercially.

IPFS now takes up a lot of bandwidth. IPNS is currently very slow, which is an obvious technical flaw. It will be very difficult to implement dynamic web pages only through IPFS.

2. Lack of a reasonable economic model, even if the token economy is added, it is difficult to achieve long-term natural ecological value.

As an extremely cumbersome decentralized protocol, IPFS is difficult for users to share files autonomously and voluntarily. In addition, even if users share files into the protocol, the files will be completely public. And users cannot effectively delete files, so the security of valid files is threatened.

The solution is to introduceIntegrate encryption and blockchain incentives. At the same time, it solves the problems of file security and storage power. But as mentioned before, nodes with proof-of-work under any blockchain incentive mechanism will face the economic problem of a persistent on-state.

3. It is difficult to establish an ecological network with IPFS as the core due to technical problems.

The ecological application space of IPFS is quite limited, and the project interaction speed achieved through the IPFS protocol is also very slow. Of course, this is directly related to the number of nodes and the distance of the call.

Ⅶ The Tongxin Huzhu website introduces the application of blockchain technology, what is blockchain

What is blockchain
Blockchain is a way to It is a centralized, distributed ledger system participated by nodes. The data stored on it cannot be forged or tampered with, and is open and transparent. The information and value recorded by each account at any point in history can be found on the blockchain. The characteristics of the blockchain protocol provide the necessary foundation for the operation of smart contracts. The contract can be automatically executed and trusted according to the established conditions in Bohanzhong without the need for review by any centralized organization.
Blockchain composition
Blockchain is composed of a series of data blocks generated using cryptography methods. Each block contains the hash value of the previous block, starting from Chuangjishan District Blocks begin to be linked to the current block, forming a chain of blocks. Each block is guaranteed to be generated after the previous block in chronological order, otherwise the hash value of the previous block is unknown. The generation of each block is supervised by the entire network. Each node has a complete copy of the data, forming a huge blockchain network between nodes.
The Tongxin Mutual Aid Platform that applies blockchain technology can solve the following points:

1. Openness and transparency
Openness and transparency, it is difficult to record all the information recorded on the blockchain It cannot be tampered with, cannot be hidden, and can be viewed by users at any time.
2. Democratic decision-making
Bottom-up decision-making, the blockchain proposes a variety of different consensus mechanisms to help users effectively form bottom-up decisions and jointly participate in major decisions.
3. Accurate execution of rules
Accurate execution of rules. The smart contract technology defined on the blockchain converts all rules into public and clear codes, which can be executed accurately. Once any determination is made, Humans cannot interfere.
4. Never downtime
Never downtime is boring. The blockchain based on the public chain is not affected by any institution or individual. As long as the incentive mechanism is effective and the Internet exists, the blockchain will be exist.
In short, network mutual aid applications developed based on the blockchain platform can maximize the absolute security of funds, protocols, and information, and improve risk control capabilities.

VIII What network protocol does the blockchain use?

The protocol is a set of rules for managing the network. Blockchain protocols typically include rules for consensus, transaction verification, and network participation. Agreements often rely on financial incentives – meaningThe agreement depends on an asset.
Often protocol-level assets are also available as native offerings of the protocol (no platform required!) Bitcoin is a good example of this. Bitcoin (capital B) refers to the protocol. The protocol depends on the native asset: bitcoin (lower case b). This native asset is also used as a final product: it is a means of payment for users, a store of value, and (let’s be honest) a measure of hype. Note that Bitcoin does not really provide a platform. This isn't very friendly to developers trying to build new products on top of it.
On the other hand, Ethereum has three levels. This is an agreement that provides basic rules. It is a platform that enables developers to build new products on the system. And, because it includes a native asset in its protocol, it also gets a built-in product (in the form of ether).
The application fields 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. , which has had a relatively large impact on the domain name industry.

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