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What is blockchain distributed ledger

Publish: 2021-05-02 08:52:51
1. blockchain is a new application mode of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other computer technologies. Blockchain is essentially a decentralized database
for example, if you are a woman, every time your boyfriend says something disgusting to you or promises to buy something for you, you immediately record it and send it to you and all his friends, classmates, colleagues, as well as various groups and circles of friends, so that he can no longer resist. This is called blockchain
the core advantage of blockchain technology is decentralization, which can realize point-to-point transaction, coordination and cooperation based on decentralized credit in a distributed system without mutual trust by means of data encryption, time stamp, distributed consensus and economic incentive, so as to solve the high cost and low cost of centralized institutions Low efficiency and data storage insecurity provide solutions
the application fields of blockchain include digital currency, token, finance, anti-counterfeiting traceability, privacy protection, supply chain, entertainment, etc. with the popularity of blockchain and bitcoin, many related top domain names have been registered, which has a great impact on the domain name instry.
2. Bookkeeping means mechanisms such as distributed bookkeeping, collective agreement and intelligent consensus. Blockchain technology presents information processing characteristics such as centralization, open sharing, authenticity and reliability, which has aroused increasing attention and application in the financial field, especially in the field of Internet finance. There are many blockchain system development companies. Blockchain technology development enterprises like Renren chain are reliable. You can learn more about them
3. For the benefits, jinwowo feels that the biggest benefit is to obtain great security. First of all, there is a central ledger, so it cannot be destroyed. As like as two peas, each node is only part of the system, and each node has the same rights. Destroying some nodes has no effect on the system at all. Secondly, you can't cheat, because unless you can control most people's computers in the system to make changes, the system will refer to the opinions of most people to decide what is the real result. As a result, it will find that it is totally meaningless to modify your own account book (because others don't admit it). Secondly, since there is no centralized intermediary, making everything run automatically through preset proceres can not only greatly rece costs, but also improve efficiency. Since everyone has the same account book, it can ensure that the process of account book recording is open and transparent.
4.

This is a data center switch, which supports virtualization, that is VSU. Configuration reference

core switch 1:

Switch1 # configuration terminal
enter configuration commands, one per line. End with cntl / Z.

Switch1 (config) # switch virtual domain 1

Switch1 (config vs domain) # switch 1

Switch1 (config vs domain) # switch 1 priority 200 -- & gt; The default priority is 100, which is configured as a higher priority. After the VSU is successfully established, it will become the management host

Switch1(config-vs-domain)# exit

Switch1(config)# vsl-aggregateport 1 ------> At least two VSL links are needed, and the reliability of one link is low. When link oscillation occurs, VSU will be very unstable

Switch1(config-vsl-ap-1)# port-member interface TenGigabitEthernet 1/1 ------> Configure VSL link, heartbeat link and traffic channel between VSU active and standby cores

Switch1 (config-vsl-ap-1) ﹥ port member interface tengigabit Ethernet 1 / 2
Switch1 (config-vsl-ap-1) ﹥ exit

core switch 2:

switch2 ﹥ configuration terminal
enter configuration commands, one per line. End with CNTL/Z.

Switch2(config)# switch virtual domain 1 ------> Domain ID must be consistent with the first one

switch2 (config vs domain) # switch 2 ----- & gt; The second device must change its ID to 2

switch2 (config vs domain) { switch 2 priority 150

switch2 (config vs domain) { exit
switch2 (config) { VSL aggregateport 1 ----- & gt; At least two VSL links are needed, and the reliability of one link is low. When link oscillation occurs, VSU will be very unstable

Switch2(config-vsl-ap-1)# port-member interface TenGigabitEtherne 1/1 ------> Configure VSL link, heartbeat link and traffic channel between VSU active and standby cores

switch2 (config-vsl-ap-1) # port member interface tengigabit Ethernet 1 / 2
switch2 (config-vsl-ap-1) # exit

5.

Distributed accounting technology is a database distributed on multiple nodes or computing devices. Each node can and save a ledger, and each node can update independently. Its feature is that the ledger is not maintained by any central organization, and the update of the ledger is built and recorded by each node independently

The

node can vote on these updates to ensure that they are in line with the majority opinion. This kind of voting is also called consensus, and consensus is automatically reached through the algorithm. Once a consensus is reached, the distributed ledger will update itself, and the latest agreed version of the ledger will be saved on each node

distributed accounting technology solves the problem of trust cost, which is less dependent on banks, government and Justice Department, and the data is all on nodes. At the same time, it also solves the problems of consumer rights, financial integrity and transaction speed

extended data:

distributed ledger is a kind of database shared, copied and synchronized among network members. Distributed ledgers record transactions between network participants, such as the exchange of assets or data. This shared ledger eliminates the time and expense of mediating different ledgers

distributed ledger (also known as shared ledger, or distributed classification technology) is a replication consensus, sharing and synchronizing digital data geographically distributed in multiple websites, countries, or institutions. There is no central administrator or centralized data storage.

a point-to-point network is required, and consensus algorithms are used to ensure replication at nodes. A form of distributed classification design, blockchain system, can be public or private

but not all distributed accounts must use chain blocks to provide security and effectively realize distributed consensus: blockchain is just a type of data structure, which is considered as a distributed ledger. In 2016, many banks tested the balance of payments account

the participants in the network restrict and negotiate the updating of the records in the account book according to the consensus principle. There is no intermediate third-party arbitration institutions (such as financial institutions or clearing houses) involved. Each record in the distributed Ledger has a time stamp and a unique password signature, which makes the ledger an auditable history of all transactions in the network

6.

Hyperledger is an open source project launched by Linux foundation in 2015 to promote blockchain digital technology and transaction verification. It is composed of 30 initial enterprise members (including IBM, Accenture, Intel, J.P. Morgan, R3, Dah, DTCC, Fujitsu, Hitachi, swift, Cisco, etc.). The goal is to let members work together to build an open platform, meet various user cases from different instries, and simplify business processes

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