What social problems will blockchain bring
Specifically, users can share the idle storage space and bandwidth resources of cat disk, and these resources will be output to companies such as content, video, game, blockchain, etc. cat disk company will convert the legal currency and various digital currencies paid by the latter into bitcoin, and users will get the corresponding bitcoin income. This is also the unique mining mode of cat disk
why reward bitcoin
because similar procts on the market reward users with points, diamonds and other rights and interests issued by relevant companies, and most of these rights and interests are of low or no value. In addition, those projects that once seemed to be hot are now almost withered, and the early players may benefit, while the late players will lose all their money
as we know, bitcoin is the anchor currency in the digital currency world. Cat disk directly uses bitcoin to motivate users, and users can pick up the coin to their wallet at any time, and their income can be guaranteed. Moreover, the risk of bitcoin breaking is almost zero, and the user's income will be more lasting and stable
how is the mining income distributed when it comes to distribution, we should first introce the concept of "storage power", which is directly linked to the income of cat disk users. Storage power is an index based on users' shared storage space, bandwidth and online time. The larger the storage space, the faster the bandwidth speed and the longer the online time, the larger the storage power, and vice versa the cat disk gains revenue by sharing storage bandwidth resources, and users can check the revenue through app every day, that is, how much bitcoin they earn. The profit distribution of maopan mining is not random, but through a series of calculations. In short, users' daily income depends on their personal storage capacity, all users' storage capacity and the amount of money issued each day. The calculation formula is as follows: single user's daily income = single user's daily storage capacity / all users' daily storage capacity * Daily currency amount it can be seen that users' daily income is positively correlated with the daily storage capacity index and the daily currency amount, and negatively correlated with all users' daily storage capacity index what is the amount of money issued every day the cat disk integrates the storage and bandwidth resources shared by users, provides storage and bandwidth services to the demander, and converts various digital currencies paid by the other party into bitcoin for distribution to users. How much bitcoin is issued every day depends on the actual business situation, so there is no way to give specific figures for the time being. What we can make clear is that, unlike other mining procts, cat disk does not issue its own currency or restrict the mining of a specific kind or several kinds of currency. Instead, it earns various digital currencies paid by others. These currencies are all market currency. Cat disk converts these currencies into bitcoin and distributes them to users note that all the currencies are negotiable, and the more storage nodes, the more business, the higher the overall mining revenue; For other mining procts, the amount of money that can be mined is limited or issued by the owner. With the passage of time, there will be more and more mining machines, and the mining income will be less and less
With the birth of new technologies and the popularization of new applications from generation to generation, it may be more convenient, faster and safer for ordinary people. Once the infrastructure is built, even the existence of technologies, such as e-shopping and mobile payment, has become a necessity in life
the evolution of blockchain and other technologies is full of opportunities and challenges, as well as unlimited possibilities. For example, in security, many experts mentioned quantum technology. Although it is still in the research stage, the change brought by encryption based on quantum entanglement is bound to be huge and profound
Article source: bit110 network
the application of data signature and encryption technology of blockchain has realized tamper proof, unified standard and efficient exchange of commodity information
based on this, we can achieve trust sharing among brands, channels, retailers, consumers, regulatory authorities and third-party testing institutions, and comprehensively improve the brand, efficiency, experience, supervision and overall revenue of the supply chain.
before discussing how to apply blockchain in daily life, let's talk about what blockchain is and how it works
blockchain is an open distributed database, which is essentially a computer file used to store information (data)
the name of blockchain comes from its structural characteristics: the file is composed of data blocks, and each block is linked to the previous block to form a chain. Each block contains data, such as transaction records and records when the block was edited or created. Information (data) is stamped with time stamp, which is the origin of blockchain
it is crucial that, unlike centralized databases owned by companies or government agencies, blockchain is not controlled by any person or entity, and data is completely copied (distributed) on multiple computers
because it is a decentralized way to store and access data, it becomes extremely secure. Different from the centralized database, the attacker does not have a single entry point, so the data security is more guaranteed<
in addition to the two characteristics of decentralization and security, blockchain has become a leading technology which is different from other technologies:
tamperability: once entering the blockchain, any information can not be changed, even the administrator can not modify this information. It makes blockchain easy to audit
accessible: all nodes in the network can easily access information
no third party: blockchain can help point-to-point transactions, so whether you are trading or exchanging funds, you do not need the approval of a third party. Blockchain itself is a platform
the impact of blockchain technology
first, the open and tamperable nature of blockchain technology makes it possible to decentralize the trust mechanism. It has the potential to change the financial infrastructure. Various financial assets, such as equity, bonds, bills, warehouse receipts and fund shares, can be integrated into the blockchain ledger to become digital assets on the blockchain, which can be stored, transferred and used in the blockchain Deal. It has a broad application prospect in the financial field. For example, it has typical applications in cross-border payment, insurance claims, securities trading, bills, etc
Second, the current Internet of things ecosystem relies on the centralized network management architecture, and all devices are connected through the cloud server. With the expansion of the network scale, the infrastructure and maintenance of centralized cloud servers, large servers and network equipment will occupy a high cost
in the decentralized Internet of things, blockchain is a framework to promote transaction processing and cooperation among interactive devices, and each device on the network can operate as an independent and micro business entity< Third, public service is a factor to promote economic growth and social progress. The supply of public service has an important impact on various subjects, systems, cultures, attitudes and behaviors in the process of political, economic and social development. The traditional notarization relies on the government, and the limited data dimension and the historical data information chain that has not been established often lead to the government and schools unable to obtain complete and effective information. Using blockchain, tamper proof can be established. In the fields of digital rights, intellectual property rights, certificates and public welfare, new authentication mechanisms can be established to improve the management level of public services.
such as wangchain technology, which can achieve new effects in proxy voting, identity authentication, file management, justice, inheritance, personal social credit, and business administration.