Analysis of the advantages of blockchain decentralization

1. Chongqing jinwowo: the decentralized trust mechanism means that first of all, blockchain projects need to complete the recognized accuracy of information records. In terms of pure digital business, the purpose and value of blockchain can be achieved by ensuring the recognized accuracy.

2.

The decentralization of blockchain refers to the form of social relations and content generation formed in the process of blockchain development. It is a new network content proction process relative to "centralization"

blockchain is an important concept of bitcoin, which 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 the information of a batch of bitcoin network transactions, which is used to verify the effectiveness of its information (anti-counterfeiting) and generate the next block

blockchain is unified in the whole network, so it is logically centralized. From the perspective of architecture, blockchain is based on peer-to-peer network, so it is decentralized. From the perspective of governance, blockchain makes it difficult for a few people to control the whole system through consensus algorithm, so it is decentralized

extended data:

characteristics of blockchain Decentralization:

decentralization, not without the center, but by the node to freely choose the center, freely determine the center. In short, centralization means that the center determines the node. The node must depend on the center, and the node cannot survive without the center

in a decentralized system, anyone is a node, and anyone can be a center. Any center is not permanent, but phased, and no center is mandatory for nodes

with the diversification of network service forms, the decentralized network model becomes more and more clear and possible. After the rise of Web2.0, the services provided by Wikipedia, Flickr, blogger and other network service providers are decentralized. Any participant can submit content, and Internet users can create or contribute content together

reference source: network blockchain

reference source: Network decentralization

3. Decentralization is a subversive feature of blockchain technology. It does not need centralized agent and realizes a kind of point-to-point direct interaction, which makes the information interaction mode of high efficiency, large scale and no centralized agent become a reality
jinwowo group will use blockchain technology to promote the legalization of big data business. The encryption of blockchain technology can ensure that the privacy of data sources can be better protected when big data is called, so as to eliminate the bad phenomenon of illegal reselling of big data and rebuild the rules of legal circulation and application in the data market.

4. On the Internet, the most typical example of centralization is the portal website. By collecting all the information on the Internet on its own platform, the portal website forms a central node, and then extends many branches from this node. Generally speaking, only one node is making decisions. According to the analysis of jinwowo network technology, the characteristics leading to centralization are as follows:

1. The central node grasps the information of distributed nodes

2. The sub nodes do not master the information of other nodes (centralization, non-public transactions)

moreover, the pain point of centralization is that the security of the system depends on the security of the central node, and the distributed node has no control over it.

5. The value of decentralization in jinwowo network analysis is as follows:
(1) fault tolerance: once there is a problem in the center, other nodes are easy to collapse. The centralized system is unlikely to be unexpected, because it depends on other nodes, and other nodes can not have problems together

(2) anti attack ability: decentralized system will make the cost of being attacked higher, because it lacks a sensitive central point, and the central point is more likely to be attacked by low cost. The reason is that we should all understand that the attack center may completely collapse, which is why more and more investors want the decentralized technology to become more mature

(3) anti Collusion: it is difficult for the participants in the decentralized system to sacrifice other participants and plot to make their own profits.

6. Chongqing jinwowo network: decentralization, which is different from the traditional way of centralization. There is no center, or everyone is the center; Distributed ledger database means that the recording method is not only to store the ledger data in each node, but also to share and the data of the whole ledger synchronously. At the same time, blockchain also has the characteristics of disintermediation and information transparency.

7. Due to the use of Distributed Accounting and storage, there is no centralized hardware or management organization, 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
in the future, jinwowo will continue to tap the value of blockchain technology in the commercial field, give full play to the advantages of big data services, add value to user behavior, break the ice for the development of small and medium-sized enterprises, and build a real, efficient, safe and honest Internet community of destiny.

8.

When it comes to blockchain, we often encounter the concept of "decentralization". So what is decentralization? Nakamoto has solved the difficult problem of "point-to-point e-cash" defined by himself. In this process, he "invented" the blockchain technology. Bitcoin system integrates technology and theory of cryptography, game theory and software engineering. Blockchain technology is an innovation formed by ingenious combination of existing technologies. Nakamoto didn't solve the problem of "peer-to-peer e-cash" out of thin air. He followed the footsteps of his predecessors, but he completed the last leap

"decentralization" is the competitive advantage of removing the centralized central node. It does not mean that there is no center, but the center node is a relatively neutral existence. These central nodes will not be mandatory. For a fully decentralized system, the connection between nodes is not completed by specific nodes, and all nodes can store and update data on the system, so as to achieve openness

decentralized blockchain is essentially a decentralized distributed ledger database. The simple understanding is that the data of blockchain is stored in many nodes of the network. The traditional way of data storage exists in one or several large nodes in the network. From this point of view, the so-called centralization and decentralization is the difference in the number of nodes storing data. Therefore, the decentralization of blockchain is relative. Data only exists on one node, which must be centralized. But if there are 100 nodes, they can be said to be decentralized relative to one node, but the degree of decentralization is not the same. At the same time, centralization and decentralization are not contradictory, and they are not completely opposite, because the word "de" in decentralization means the process of weakening and eliminating the center, rather than the concept that there is absolutely no center, which is completely opposite to non centralization

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