How to set block chain without foam
blockchain is a kind of technology, which solves the core "trust" problem in the market economy and reces the trust cost between strangers to a very low level
there is one crucial thing in the market economy, which is "trust". Without trust, no deal can be established. When you go to LAICHANG to buy vegetables, if you don't believe that the pesticide content in vegetable is up to the standard, you won't trade with that dealer; If you buy a bottle of water in a small shop, the clerk will not sell you the water if he doesn't believe that the money you give is real
the traditional small-scale peasant economy is acquaintance economy, and the transaction scale is limited to people who are familiar with each other nearby. If an acquaintance deceives you, he will lose your social relationship and damage his reputation in the whole circle of acquaintances. We believe that acquaintances are less likely to cheat us than strangers
therefore, once we are beyond the scope of acquaintances, we need to use a high cost to identify whether a stranger will cheat me and how to avoid the risk of being cheated. This situation will hinder the transaction and restrict the transaction
in addition, different races, nationalities, cultures, religious beliefs and so on will naturally have this kind of trust problem
in the market economy, why can there be so many transactions between strangers? Because of the birth of a new mechanism to solve the problem of trust in strangers
so far, the most important mechanism to solve the trust problem is the "trust intermediary" organization and mode
as long as you and strangers trust a third-party organization, the trust problem between you can be solved through this third-party organization
this third-party organization, we call it trust intermediary. Both the government and the bank are trust intermediaries
you can sell the goods you have worked hard to proce to a stranger in exchange for a stack of RMB banknotes. It's because the credit of the note issuing bank and the guarantee of the authority of the government guarantee the currency value and effectiveness of the banknotes. Otherwise, sell things, in exchange for a few ordinary paper, who would like to
in the era of global village and Internet, the people who buy your things may be strangers who will not meet and thousands of miles away. Trust is lower, so Alipay assumes the role of trust intermediation. Buyers first pay the goods to Alipay's account. When they receive the goods, they confirm that they are OK, then they agree to sell the goods to the seller. Taobao and other e-commerce have been booming rapidly in just over ten years
trust intermediary is in a central position in the transaction system. All transactions should solve the trust problem through it
However, the cost of trust intermediary itself is often hugeas a trust intermediary, how much transaction tax does the government charge each year? What is the most profitable instry? Financial services. The annual profits of Alipay's ant suit are over ten billion. p> What does this mean? Both sides of the market actually pay a huge trust cost
if there is any way to cancel or greatly rece the trust cost, the transaction cost of the general public can be reced, and the profits can be greatly increased
so in the Internet era, blockchain technology is on the stage
it allows the trading party to get rid of the intermediary, solve the problem of trust among strangers, and greatly rece the cost of trust
the blockchain can be expanded on a large scale, the data is open and transparent, the data of each client is consistent, and even if some clients are destroyed, the data security will not be affected. These highly reliable technical features can solve the trust problem of strangers with low cost
this technology can be extended to all fields that can be digitized, such as digital currency, payment and clearing, digital bills, proof of rights and interests, credit reference, government services, medical records, etc
in the medium and long term, blockchain will be a revolutionary technology, which will bring about great social changes like the existing Internet, and has great investment value and money making opportunities
in the future, the companies that can combine blockchain with different scenarios to promote applications may be the next group of bat, the next Google, Microsoft and apple
as the first practical application of blockchain technology, bitcoin has been widely accepted and used all over the world. Millions of users and tens of thousands of merchants have accepted the payment of bitcoin as a digital currency, and the exchange value of bitcoin as a currency is growing. Even e to the consensus that the total amount is fixed and the long-term value is bullish, bitcoin has become a hedge asset similar to gold, and the price has skyrocketed
HTTP protocol into interstellar search
the distributed storage of blockchain is also just needed
the arrival of 5g increases the demand for storage
the decentralized storage of blockchain will be applied quickly
the block chain market is often compared with the early Internet age, especially in analogy with the 2000 Internet bubble. Simple analogy will convince you that we are in the Internet age similar to 1997-1998 years ago, and that once we enter 2000, we will have the same bubble burst.
people with this idea will let you leave the current blockchain, wait for the impending crash, and then pick up the pieces, similar to the end of the Internet bear market in 2002. But what we may also see is:
"instead of reconstructing the whole blockchain field through one big crash, there may be a series of small crashes, one after another. Every small crash will kill some tokens of poor projects, and bring new projects with higher and higher quality. "
so if you're waiting for a blockchain crash. It may never happen. Because it's happening all the time, though by a small margin. More importantly, if you are a venture investor, if you skip this period, you will miss the opportunity to learn and accumulate experience. In 2000, the collapse of the Internet reced the funding for new technology companies, but the fluctuation of the market value of blockchain hardly affected the pace of innovation of decentralized open source projects.
In popular language, blockchain is an Internet form of information flow and use, which makes information interaction anonymous, unchangeable, decentralized, traceable, and easy to transfer. At present, the most mature proct using this technology is bitcoin. Therefore, bitcoin, which uses blockchain technology, has the characteristics of anonymity, immutability and decentralization
using blockchain technology can reflect (or realize) the value of various kinds of data, and facilitate the transaction of useful data. For example, the big data of each big bank, Alibaba, Tencent, Jingdong and the network will not be shared, but if blockchain technology is used, it may be shared, Because of the anonymity of blockchain, it can only obtain relevant data and avoid the disclosure of private data. 
its large-scale commercial application is on the eve of a breakthrough, but you don't know when the dawn will be. Therefore, at this time, rationality and enough patience are the most important
Microsoft, ant financial services, Google, Wanda, LETV, JPMorgan Chase, Goldman Sachs and other international giants are focusing on blockchain technology, while Ethereum and decent are moving forward in practice.
