Research and development of blockchain public chain

1.

blockchain includes public blockchain, joint (instry) blockchain and private blockchain. Public chain point-to-point e-cash system: bitcoin, smart contract and decentralized application platform: Ethereum

blockchain is a new application mode of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other computer technologies

blockchain is an important concept of bitcoin. In essence, it is a decentralized database. At the same time, as the underlying technology of bitcoin, it is a series of data blocks generated by using cryptographic methods. Each data block contains a batch of bitcoin network transaction information, Used to verify the validity of its information (anti-counterfeiting) and generate the next block

extended data

according to the different degree of blockchain network centralization, three kinds of blockchains under different application scenarios are differentiated:

1. The blockchain with the whole network open and without user authorization mechanism is called public chain

2. The authorized nodes are allowed to join the network, and the information can be viewed according to the authority. It is often used in the inter agency blockchain, which is called alliance chain or instry chain

3. All the nodes in the network are in the hands of one organization, which is called private chain

alliance chain and private chain are also called licensing chain, and public chain is called non licensing chain

blockchain features

1, decentralization. Blockchain technology does not rely on additional third-party management institutions or hardware facilities, and there is no central control. In addition to the self-contained blockchain itself, each node realizes information self verification, transmission and management through distributed accounting and storage. Decentralization is the most prominent and essential feature of blockchain

2. Openness. Blockchain technology is based on open source. In addition to the private information of all parties involved in the transaction is encrypted, the data of blockchain is open to everyone. Anyone can query blockchain data and develop related applications through the open interface, so the information of the whole system is highly transparent

3. Independence. Based on consensus specifications and Protocols (similar to various mathematical algorithms such as hash algorithm used by bitcoin), the whole blockchain system does not rely on other third parties, and all nodes can automatically and safely verify and exchange data in the system without any human intervention

4. Safety. As long as 51% of all data nodes cannot be controlled, the network data cannot be arbitrarily manipulated and modified, which makes the blockchain itself relatively safe and avoids subjective and artificial data changes

5. Anonymity. Unless there are legal requirements, technically speaking, the identity information of each block node does not need to be disclosed or verified, and the information can be transferred anonymously

2.

Public chain, also known as "public chain", refers to the blockchain that anyone in the world can enter the system at any time to read data, send confirmatory transactions and compete for bookkeeping. The public chain is generally considered to be "completely decentralized", because no indivial or institution can control or tamper with the reading and writing of data in it. In terms of application, blockchain public chain mainly includes bitcoin, Ethereum, super ledger, most counterfeit currencies and smart contracts. The ancestor of blockchain public chain is bitcoin blockchain, which has the following characteristics:

1, open source code

upload the code to GitHub, and everyone can get complete blockchain data by downloading, Accept the test of the public

2, complete decentralization

anyone can become a node, each node is open, everyone can participate in the calculation of the blockchain, any node is not permanent, but phased, and any center is not mandatory for nodes. Anyone can read and send transactions, and transactions can be effectively confirmed on the blockchain. Anyone can participate in the consensus process. The consensus process determines whether a block can be added to the blockchain and the exact current state. Everyone can get financial reward from it, which is proportional to their contribution to the consensus process. These public chains are generally considered to be "completely decentralized"

3. Developing decentralized applications

through this public chain, developers can easily develop centralized applications. Public chain can protect the rights and interests of users from the influence of program developers

3.

Blockchain is a new application mode of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other computer technologies. Blockchain is an important concept of bitcoin. It is essentially a decentralized database. At the same time, as the underlying technology of bitcoin, it is a series of data blocks generated by using cryptographic methods. Each data block contains a batch of information about bitcoin network transactions, Used to verify the validity of its information (anti-counterfeiting) and generate the next block

if such technology wants to be put into application, the biggest problem is the "Impossible Triangle problem"

that is, scalability, decentralization and security cannot be achieved at the same time, and only two of them can be achieved

most of the existing public chain projects in the market are difficult to put into use on a large scale

4. Hashton did this, and they did a good job.

5. finance

6. Renren blockchain service, built on the basis of financial cloud, enables users to quickly build their own IT infrastructure and blockchain services on an elastic and open cloud platform. Using baas can greatly rece the cost of realizing the underlying technology of the blockchain, simplify the construction and operation and maintenance of the blockchain. At the same time, facing various instry scenarios, it can meet the personalized needs of users and quickly deliver customized baas in one stop.

7. The first thing that Java needs to pay attention to in developing blockchain is the hierarchical relationship. Once it's confused, it's difficult to sort out
the difference between blockchain and ordinary mall is that it adds the function of virtual currency. You can see the interface and docking method of virtual currency at other times to avoid mistakes

8. The development of blockchain public chain requires very hard core technology, which can not be developed by anyone casually. Even if it is developed, it also depends on the practical social value. At present, it is in the stage of R & D and testing. Hashton has the strength to research and develop in this direction, and is committed to helping traditional enterprises make a contribution to the chain reform in the near future.

9. Talking about the biggest difference between blockchain and traditional Internet, I think the Internet is a network with countless intermediary nodes and central controllers. From the professional point of view, it is communication technology, it is a seven layer communication network, from the public point of view, it can be divided into Internet hardware layer, Internet application layer. The hardware layer of Internet has been mature for 20 years. Application layer also has a large number of intermediary nodes, such as Alipay, when we pay is based on Ali Alipay database, Tencent QQ currency is based on Tencent's intermediary data storage to ensure that it runs correctly. The blockchain is a new model, which is a peer-to-peer network. No one controls the data in the network. The data is scattered on each node in the network. Some mathematical algorithms are used to ensure the consistency of the data. This design is brand new for communication science.