Blockchain technology due to bitcoin
blockchain technology is a new technology derived from the development of bitcoin economy, blockchain technology can effectively serve the bitcoin economy , they are interrelated. Bitcoin is a kind of virtual currency, which only circulates in a specific network economic environment, blockchain technology can not only be applied to the economy, but also can be used in all walks of life , which is their difference
Blockchain technologybecause blockchain technology is still a new proct at present, it has no accurate or definite definition and concept. In short, blockchain technology is a mode of data encryption management, which can protect data to a great extent. Blockchain technology is characterized by decentralization, openness, independence, security and anonymity. Its characteristics well adapt to the requirements of information protection and information disclosure in all walks of life. On the one hand, it ensures the security of data and avoids the interference of subjective emotions and system failures. On the other hand, data indivials can decide whether to hide their detailed information in the group to the greatest extent, so as to achieve the purpose of privacy protection
At the same time, there is no doubt that the blockchain technology is still in the state of preliminary development. The social understanding of it is not deep enough, and scholars are still in the stage of continuous exploration. Through the correct use, blockchain technology will bring many positive effects to the societybitcoin is regarded as the first generation application of blockchain technology and the most thorough application of its code testing. However, without bitcoin, there might not be so many people who knew about blockchain now. It can be said that bitcoin has greatly improved the "exposure" of blockchain technology
later, people graally found that the application value of blockchain is far more than bitcoin, but can be applied to many instries to solve the pain points of many instries; The idea of blockchain can also provide a lot of reference for the financial field, which is the real reason for the outbreak of blockchain.
blockchain technology is not only the underlying technology of bitcoin, but also the core and infrastructure of bitcoin bitcoin has been running without any centralized organization operation and management. Later, bitcoin technology was abstracted, which was called blockchain technology or distributed ledger technology
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disadvantages of blockchain technology applied to digital currency:
first, there is no circulation management organization for "decentralization" blockchain technology is essentially a distributed database system with one-way linked list logic structure and P2P network design mode, which determines that there is no unified central control system for virtual currency based on blockchain technology
Second, it is difficult to effectively control the quantity supply the circulation of virtual currency based on blockchain technology is fixed, and according to Fisher Equation, the total transaction volume of the whole society under a certain price level in a certain period has a certain proportion with the required nominal currency volume, while the constant currency volume obviously can not meet the requirements of the growing total price of social goods Thirdly, "mining mechanism" is difficult to create recognized value bitcoin itself has no value and no national credit support. Some people think that "by continuously consuming computing power and energy to inject value into virtual currency", but it is obviously not the most efficient choice to consume millions of calculations in order to find a hash value that meets the requirements Fourthly, procers and early holders are easy to get high seigniorage any virtual currency based on blockchain technology is held by a few people at the initial stage of its development. Take bitcoin as an example. At first, bitcoin was only a proct of a few people's game. The first bitcoin purchase in May 2010 was $10000 BTC's purchase of $25 pizza. The first bitcoin transaction completed in July of the same year was $0.04/btcBlockchain technology is the underlying technology of bitcoin. Bitcoin has been running without any centralized organization operation and management. Later, bitcoin technology was abstracted out, which is called blockchain technology or distributed ledger technology
bitcoin is the first application of blockchain, which will be extended to more and more instries in the future
blockchain technology, known as distributed ledger technology, is an Internet database technology, which is characterized by decentralization, openness and transparency, so that everyone can participate in database records
However, bitcoin is a kind of currency that does not rely on specific currency institutions to issue. Bitcoin economy uses the distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses the design of cryptography to ensure the security of all aspects of currency circulation
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characteristics of bitcoin currency:
Decentralization: bitcoin is the first distributed virtual currency, and the whole network is composed of users without a central bank. Decentralization is the guarantee of bitcoin's security and freedom
Global Circulation: bitcoin can be managed on any computer connected to the Internet. No matter where you are, anyone can dig, buy, sell or collect bitcoin
exclusive ownership: private key is required to manipulate bitcoin, which can be stored in any storage medium in isolation. No one can get it except the user himself
low transaction cost: bitcoin can be remitted free of charge, but a transaction fee of about 1 bitfen will be charged for each transaction to ensure faster transaction execution
no hidden cost: as a means of payment from a to B, bitcoin has no cumbersome quota and proceres. If you know the other party's bitcoin address, you can pay
cross platform Mining: users can explore the computing power of different hardware on many platforms
reference: network blockchain network bitcoin
connect the device to the computer with USB cable, and then you will hear the prompt sound that the computer has been connected successfully
please turn off the device first, and then you will hear the prompt that the computer is not connected successfully
first press and hold the power key to display the apple logo, and then press and hold the on / off key and the home key until the logo disappears. Continue to press and hold the power key for about 4-5 seconds, and continue to press and hold the home key until an iPhone in recovery mode is detected by iTunes (if successful, the iPhone should be in black screen). If redsn0w is used to detect, the device model in DFU will be displayed at the bottom of the interface< Method 2: enter DFU in any state (white apple or unlimited restart)
connect the device to the computer
Press and hold the on / off key and home key directly until the logo disappears. Just follow the above steps
method 3: do not press the key to enter the DFU (it is recommended to use the device with damaged key)
download the firmware of the device corresponding to the latest system version (do not use the firmware that Apple has closed for verification)
Download redsn0w and enter extra even more DFU IPSW in turn
at this time, redsn0w will prompt you that this is the operation of making DFU firmware, not the normal operation of restoring the system. The choice is
after selecting the latest official firmware, redsn0w will start making DFU firmware and wait for completion
Open iTunes, close redsn0w, shift + restore (for Mac, please use option + restore) and select the DFU firmware (prefixed with enter)_ DFU), wait for error 37 in the recovery process. At this time, the device is already in DFU mode.
2. The transaction information of bitcoin is recorded in a decentralized ledger, which is called blockchain
3. According to the principle of cryptography, each block is connected in chronological order to form a chain structure, so it is named blockchain.