Blockchain motivation

1. At present, blockchain is most widely used in the field of financial technology, such as digital asset trading. As a kind of underlying technology, blockchain is the technical implementation of bitcoin. The rapid application of blockchain technology also needs virtual currency. In the past, a large-scale economic scenario requiring mutual trust and extensive cooperation between many people can only be solved by centralization, with low efficiency. The emergence of blockchain technology has solved this problem and eliminated this center. One of the important reasons to get rid of this center is that virtual currency provides an endogenous economic incentive mechanism for the blockchain, so that people have the motivation to participate in the economic activities after the transformation of the blockchain. Of course, blockchain will have more extensive and mature applications in more fields in the future. For example, in November last year, State Grid submitted a patent application named "power transaction control method and device about blockchain". This year, Xi'an City Wall International Marathon also used blockchain technology for the first time in the world to collect athletes' competition data, data and data All the information such as the winning part is registered on the blockchain. With its traceable and tamperable technical characteristics, the information channel between the events is opened up, which effectively ensures the reliability of the competition results.

2.

Blockchain is an important concept of bitcoin. It is essentially a disintermediated 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 the information of a bitcoin network transaction, which is used to verify the effectiveness of its information (anti-counterfeiting) and generate the next block

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

in a narrow sense, blockchain is a kind of chain data structure that combines data blocks in a sequential way according to the time sequence, and it can not be tampered with and forged by cryptography

broadly speaking, blockchain technology uses blockchain data structure to verify and store data, uses distributed node consensus algorithm to generate and update data, and uses cryptography to ensure the security of data transmission and access It is a new distributed infrastructure and computing method to program and operate data by using intelligent contract composed of automated script code

extended data:

the evolution mode of blockchain is as follows:

& 9642; Blockchain 1.0 - digital currency

▪ Blockchain 2.0 - digital assets and smart contracts

▪ Blockchain 3.0 - Implementation of distributed applications in various instries

blockchain features:

1. Disintermediation. Due to the use of Distributed Accounting and storage, there is no centralized hardware or management organization in the system, the rights and obligations of any node are equal, and the data blocks in the system are jointly maintained by the nodes with maintenance function in the whole system

2. Openness. The system is open. In addition to the private information of all parties to the transaction is encrypted, the data of the blockchain is open to all. Anyone can query the blockchain data and develop related applications through the open interface, so the information of the whole system is highly transparent

3. Autonomy. Blockchain adopts consensus based specifications and Protocols (such as a set of open and transparent algorithms) to enable all nodes in the whole system to exchange data freely and safely in a de trusted environment, so that the trust in "people" is changed into the trust in machines, and any human intervention does not work

The information can not be tampered with. Once the information is verified and added to the blockchain, it will be stored permanently. Unless more than 51% of the nodes in the system can be controlled at the same time, the modification of the database on a single node is invalid. Therefore, the data stability and reliability of the blockchain are extremely high

5. Anonymity. Because the exchange between nodes follows a fixed algorithm, the data interaction does not need to be trusted (the program rules in the blockchain will judge whether the activity is effective). Therefore, the counterparties do not need to make the other party trust themselves by disclosing their identities, which is very helpful for the accumulation of credit

3. Blockchain is a technology, but it is not a single technology, but the result of the integration of a variety of technologies, including cryptography, mathematics, economics, network science and so on. You can think of it as a distributed shared accounting technology, or as a database, but the database is jointly maintained by all nodes in the chain, and each node has an account book. Because the account books of all nodes are consistent, different nodes can trust each other, and there is no doubt about the data, so we all say that the blockchain has realized trust technically. For detailed professional technology, you can consult some professional technology companies, such as Jinbo technology, which focuses on the development of blockchain related procts, professional R & D team and perfect after-sales service, and you can consult by telephone.

4. Reservoir blockchain is a mode, and bitcoin is its main confirmation proct. The projects in the reservoir platform are all real blockchain projects, which are relatively reliable.

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