Blockchain distribution
for example, bitcoin was invented by Zhongben Cong in 2009, and the total number of bitcoin was only 21 million. By participating in the proction of blocks and providing proof of work (POW), we can get the reward of bitcoin network. Mining is the process of packaging and confirming the transactions in the bitcoin system over a period of time, and then recording them on the block
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what is moving bricks
when it comes to "moving bricks", you will think of migrant workers or various online jokes, but today we only discuss "moving bricks" in the blockchain market
to describe "moving bricks" in vernacular is to make profits by using the price difference between different exchanges. The same currency has different prices in different markets. Buy it in a cheaper place and sell it in a more expensive place. The middle price difference is your profit
for example, the price of bitcoin BTC is $4000 on exchange a and $4100 on exchange B. after a buys BTC, it can be sold to B and each one can earn $100. This process is called "moving bricks"
blockchain is a decentralized distributed ledger database . The advantage of this distributed ledger is that buyers and sellers can trade directly without any intermediary. Everyone has a backup, even if you lose this, it will not be affected
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blockchain application field
1, financial field
blockchain has potential huge application value in international exchange, letter of credit, equity registration, stock exchange and other financial fields. The application of blockchain technology in the financial instry can save the third-party intermediary link and realize the point-to-point direct docking, so as to greatly rece the cost and quickly complete the transaction payment
2. The Internet of things and logistics
blockchain can also be naturally combined in the field of Internet of things and logistics. Through blockchain, we can rece logistics costs, trace the proction and delivery process of goods, and improve the efficiency of supply chain management. This field is considered as a promising application direction of blockchain
3. The data stored on the public welfare field
blockchain is highly reliable and tamperable, which is naturally suitable for social public welfare scenarios. The relevant information in the public welfare process, such as donation project, collection details, fund flow, recipient feedback, etc., can be stored on the blockchain, and can be made transparent and public, which is convenient for social supervision
4. In the field of insurance
in terms of insurance claims, insurance institutions are responsible for fund collection, investment and claims settlement, and often have higher management and operation costs. Through the application of smart contract, there is no need for the applicant to apply or the insurance company to approve. As long as the claim conditions are triggered, the automatic claim settlement of the policy can be realized
let me give an example of blockchain media that I have used. Most blockchain media are similar in this mode. I like to fry money, and then I know about the mustard circle app. His business model is that anyone can create a circle by himself or join other people's circle in some ways. The circle owner can publish some news in the circle and reprint some content related to the circle, such as movies, bitcoin and stock speculation. Then the members in it can receive the information. If those users feel valuable, they will stay in the circle all the time. Then, with a user group, the circle owner can set up paid content, such as 5 yuan to read the information or get a reward. This is the simplest way to make money from blockchain media. Of course, blockchain is a very important technical foundation, and these media are only formed on the basis of blockchain technology. Of course, their profit-making methods are more complex than what I said. Different blockchain media have different profit-making methods
now the application of blockchain in real life is more and more, and there will be more and more ways to reflect it. Just pay attention to the news and facts, and I hope it can help you.