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Characteristics and classification of blockchain Technology

Publish: 2021-05-08 03:34:47
1. The following points are the characteristics of the blockchain summarized by jinwowo group:

1 - Decentralization: because the blockchain relies on each node to achieve system maintenance and ensure the authenticity of information transmission, it is based on distributed data storage without centralized management by a certain center, Therefore, the attack and tampering of a node will not affect the healthy operation of the whole network

2-DE Trust: the establishment of a connection between any two nodes does not need to trust each other's identity, and the data exchange between the two sides does not need the basis of mutual trust. Since all nodes in the network can act as "supervisors", there is no need to worry about fraud

3 - extensible: blockchain is an underlying open source technology, on which various kinds of extension, decentralized and distrusted applications can be realized<

4 - anonymization: the two sides of data exchange can be anonymous, and the nodes in the network can exchange data without knowing each other's identity and personal information

5 - Security and reliability: because the activities between any nodes are supervised by the whole network, and the database adopts distributed storage, for hackers, first, they can't disguise and cheat, Second, we can't control the network only by conquering a node.
2. It is understood that compared with the traditional centralized scheme, blockchain technology mainly has the following three characteristics:

the core idea of blockchain is decentralization

in the blockchain system, the rights and obligations of any node are equal, and all nodes have the ability to vote with computing power, Thus, the result recognized by more than half of the nodes is guaranteed. Even under serious hacker attacks, as long as the number of nodes controlled by hackers does not exceed half of the total number of nodes in the world, the system can still operate normally and the data will not be tampered with

block chain's biggest subversive nature is the establishment of credit

theoretically, block chain technology can make WeChat payment and Alipay no longer exist value. The economist makes an image metaphor for blockchain: in short, it is "a machine for creating trust". Blockchain enables people to cooperate with each other in the case of mutual distrust and no neutral central institution. The fight against counterfeit money and financial fraud will not be needed in the future

the collective maintenance of blockchain can rece the cost

under the centralized network system, the maintenance and operation of the system depend on the operation and maintenance of platforms such as data center, and the cost cannot be omitted. Anyone can participate in the nodes of the blockchain. Each node can verify the correctness of the results of other nodes' records while participating in the records, which improves the maintenance efficiency and reces the cost

in a word, blockchain touches money, trust and power, which are the fundamental basis for human survival.
3. "Blockchain is a shared distributed database technology, and its advantages are mainly manifested in three aspects: distributed decentralization, no need to trust the system, tamper proof and encryption security."
first, the meaning of blockchain technology
blockchain technology is a kind of technology that uses decentralized consensus mechanism to maintain a complete, distributed and tamper proof ledger database. It can enable the participants in the blockchain to realize a unified ledger system without establishing a trust relationship. The block is a public account book, which needs multi-point maintenance; Chain is covered with timestamps, which can not be forged. Blockchain is essentially a technology that focuses on security and credibility rather than efficiency
at present, there is a database behind all systems, that is, a large account book. So it's very important who keeps this account book. Now, whose system is who will keep accounts, and the bank accounts are the records of each bank, and Alipay's account is Ali. But now in the blockchain system, everyone in the system can have the opportunity to participate in bookkeeping. If there are new transaction data changes in a certain period of time, everyone in the system can make bookkeeping. The system will judge the fastest and best bookkeeper in this period, write the recorded content into the account book, and send the content of the account book to all other people in the system for backup. In this way, everyone in the system has a complete account book
as a result, the data becomes very secure. Tamperers need to modify more than half of the system node data at the same time to truly tamper with the data. The cost of such tampering is so high that it is almost impossible. For example, bitcoin has been running for more than seven years, and countless hackers around the world have tried to attack bitcoin, but so far there have been no trading errors. It can be considered that bitcoin blockchain has been proved to be a safe and reliable system. Therefore, it can be considered that blockchain technology is a way for the whole people to participate in bookkeeping, and what it will bring is the innovation of bookkeeping.
4. Blockchain has the following characteristics:
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

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

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
5. I have summarized the following two characteristics:
1. Block chain technology is a decentralized consensus mechanism to maintain a complete, distributed and tamper proof ledger database. It can enable the participants in the blockchain to achieve a unified ledger system without establishing a trust relationship. 2. Renren blockchain technology service platform does not need to develop one click to create its own blockchain system to quickly build blockchain infrastructure; One click to complete the development and deployment of blockchain applications; To provide your customers with open, transparent and credible services.
6.

A: the basic characteristics of blockchain

I. 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

Second, openness

the foundation of blockchain technology is 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

Third, 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

Four, safety

as long as 51% of all data nodes cannot be controlled, the network data cannot be arbitrarily controlled 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 transmission can be anonymous

7. 1 - disintermediated trust, which has been repeatedly emphasized, is not decentralization but disintermediation
2-stability, reliability and persistence. Because it is a distributed network architecture, no central node can be attacked or attacked, it has stronger stability, reliability and persistence in the overall technical layout
3-strong security, consensus mechanism does not need the entry of a third party, but through one technology to achieve the completion of the whole transaction
4 - the transparency and non tamperability of the transaction
the above four points are the characteristics of blockchain technology application analyzed by Chongqing jinwowo group.
8. 1-blockchain can drive the birth of a new business model
the characteristics of blockchain technology enable it to achieve some business models that are difficult to achieve in the centralized mode
2 - blockchain technology has a flexible architecture
according to different application scenarios and user needs, blockchain technology can be divided into public chain, private chain and alliance chain, which can be selected according to the actual use of institutions
the openness of 3-chain technology encourages innovation and collaboration
through the opening and cooperation of source code, blockchain technology can promote the cooperation among different developers, researchers and institutions, and learn from each other, so as to achieve a more efficient and secure solution
jinwowo will use blockchain technology to fully record big data sources and improve storage.
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