How to translate with blockchain Technology

1. blockchain technology uses mathematical methods to achieve distributed accounting and solve the trust problem, so as to complete the decentralization, which will bring far-reaching influence in many fields such as communication, finance, Internet of things, government management and so on
blockchain refers to the technical solution of collective maintenance of a reliable database through centralization and distrust in the past, and it is a technical way for the whole people to participate in bookkeeping. Previous bookkeeping methods were all centralized and needed centralized intermediary, whether it was traditional government, financial institutions, notarization institutions or emerging e-commerce platform and online payment platform
in economic hypothesis, information is sufficient. In fact, it is precisely because of insufficient information that there are very large intermediaries. The existence of intermediaries increases the transaction cost and raises the transaction threshold. In essence, blockchain technology is a large-scale collaboration tool. It makes direct value transfer possible by using pure technology for the first time, and continues the trend of Internet decentralization and disintermediation. Disintermediated blockchain technology will greatly subvert the information intermediary instry
blockchain technology is the basic technology for building bitcoin data structure and encrypted transmission of transaction information, which realizes the issue and transaction of bitcoin. The core of blockchain technology is that all the current participating nodes jointly maintain the transaction and database, so that the transaction is based on the principle of cryptography rather than trust, so that any agreed parties can directly carry out payment transactions without the participation of a third party
technically, a block is a data structure for recording transactions, reflecting the capital flow of a transaction. In the system, the transaction blocks are connected to form a main chain, and all the nodes participating in the calculation record the main chain or part of the main chain
a block contains the following three parts: transaction information, hash formed by the previous block and random number. Transaction information is the task data carried by the block, including the private keys of both parties, the number of transactions, the digital signature of electronic currency, etc; The hash hash formed by the previous block is used to connect the blocks and realize the sequence of past transactions; Random number is the core of the transaction. All nodes compete to calculate the answer of the random number. The node that gets the answer the fastest generates a new block and broadcasts it to all nodes for updating, so as to complete a transaction.

2. Imapp2.0 version of blockchain application center has been officially launched
imapp2.0 version of blockchain application center has been officially launched. Imapp is the world's first blockchain app store with universal dividends, which aims to create a super entrance to the blockchain instry and make it easier for users to use blockchain applications. The interface of imapp 2.0 is more concise and beautiful, the function adds news and DAPP, and the content enriches the guessing game. Through imapp, users can browse, forward, download, update and open the application to obtain imapp ecological token IA. The official imapp has reached a strategic cooperation with the bitcoin diamond foundation. Ecocard ia can exchange bitcoin diamond BCD at a certain proportion.

3. The definition of Chongqing jinwowo analysis blockchain technology is as follows:
1. Blockchain is a distributed database (system) placed in a non secure environment
2. The blockchain uses cryptography to ensure that the existing data cannot be tampered with
3, the blockchain uses consensus algorithm to reach consensus on new data
the system with the above three properties is blockchain.

4.

From the perspective of technology and architecture, I will tell you my understanding of blockchain in common language

what is blockchain? In a word, blockchain is a storage system. To be more specific, blockchain is a distributed storage system without an administrator and each node has all the data

What are the common storage systems like

as shown in the figure above, the bottom is data, and the top can write data. A space to store data, a software to manage data, provide an interface to write data, this is the storage system. For example, MySQL is the most common storage system

What are the problems of ordinary storage system? There are at least two common problems

the first is the problem of non high availability. There is a dangerous place for data. In technical terms, data is not highly available

The second problem is that there is only one write point. In technical terms, it is a single point of control

How do ordinary storage systems usually solve these two problems

in fact, MySQL can do a master-slave synchronization of al master, master-slave synchronization of al master, two nodes can be written at the same time. If you want to do a multi room multi live data center, in fact, multi room multi live data synchronization. What we should emphasize here is that multi-point writing often leads to the consistency problem of writing conflicts. Take MySQL as an example, suppose that the attribute of a table is self incrementing ID, then the data in the database is 1234 now. If one of the nodes writes and inserts a piece of data, it may become 5, and then these 5 pieces of data are synchronized to another master node, Before synchronization, if another write node inserts a piece of data, a piece of data with self incrementing ID of 5 will be generated. Then, after the generation, synchronize to another node, and the synchronized data will conflict with the two local 5's after it arrives, which will lead to synchronization failure and write consistency conflict. This problem will occur in the case of multi-point writing

how to ensure consistency in multi-point writing

the reform "Swan class" gives you more technical work

5. Recently, the hottest investment is bitcoin. From financial tycoons to ordinary people, they are talking about the surge of bitcoin. Bitcoin is a kind of blockchain. I believe there are still many people who don't know much about blockchain, so today we will explain in detail what blockchain is? How to search blockchain technology patents? What is blockchain? More than 10000 years ago, human beings began to learn to use shells as an intermediary for exchanging materials, and later developed into currency. With the development of network, the circulation of digital currency has graally replaced the traditional currency, and now people's payment methods have undergone unprecedented changes. The emergence of encrypted electronic currencies such as bitcoin, Ethereum and litecoin has further prompted the whole financial system to face up to and start thinking about transformation. However, there is an important technical support behind the development of encrypted e-money which is not affected by the traditional financial system;; Block chain. Blockchain is a new application mode of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other computer technologies. The so-called consensus mechanism is a mathematical algorithm to establish trust and obtain interests between different nodes in the blockchain system. How to search blockchain technology patents Blockchain Revolution & sup1; A book has mentioned that blockchain is a public database, which records all transaction information and can effectively prevent tampering; It is a distributed system, which does not store on a specific server or node, but scattered in countless nodes on the network, each node only retains part of the information; It is a kind of consensus agreement, which follows a mechanism together. As the underlying technology behind cryptocurrency, including identity authentication, medical record preservation, market forecasting, asset trading, etc., blockchain is graally applied. To observe the patent applications related to global blockchain technology, the author suggests that you should refer to the definitions of block chain, distributed ledger and smart contract to expand your search conditions, rather than only limited to the patents using the word block chain. What is blockchain? How to search blockchain technology patents? If you have more questions about patent inquiry, you can continue to pay attention to Bajie intellectual property or contact us by telephone.

6. Blockchain is a distributed point-to-point structure with the advantages of decentralization, openness, transparency, high degree of security and strong traceability. It is an effective technology to thoroughly solve the problems of trust, efficiency and trade. Therefore, blockchain technology is most likely to bring about changes in the financial field, such as exchange clearing, cross-border payment, inter-bank clearing, etc. At the same time, blockchain technology can also help solve many collaborative problems of the real economy, such as logistics, supply chain and so on. For example, for insurance companies, blockchain can prevent insurance fraud and solve the "qualitative management problem". Moreover, the promotion of smart contracts helps to improve the user experience
however, it is still in the experimental stage, but the capital has quickly followed up the layout. According to the data of the in-depth analysis report on business model innovation and investment opportunities of China's blockchain instry released by foresight Instry Research Institute, from 2012 to 2015, the amount of venture capital in the blockchain field increased by more than 200 times, from US $2 million to US $469 million, and about 205 venture capital institutions participated in the investment
however, although the development of blockchain is still hot, it is far from large-scale application, at least facing problems in technology, application, security and other aspects. More importantly, the government did not follow up, so the relevant enterprises had to consider the policy risk.

7. Bitcoin is characterized by decentralization. As long as you have a network and can use your wallet, you can use it regardless of national boundaries. If you don't understand, maybe you can go to Babbitt to find a master.

8. What is BHT's new currency? Its full name is bit hot token. It is a new currency launched by the currency exchange. It was launched on November 3, 2018. What is new currency? BHT can be used to buy other mainstream currencies, such as BTC, and high-quality tokens of the project side.

9. Jinwowo network analysis shows that, more vividly, the blockchain is like an electronic linked list, which is composed of blocks one by one, and contains all the valid data in these blocks. Whenever new data appears, it will be packaged and summarized into a new block according to the consensus rules on the chain, and connected to the back of the original chain
finally, in the whole blockchain system, each participant downloads and saves the complete linked list and updates it all the time.