What is the withdrawal of blockchain assets
blockchain finance is actually the application of blockchain technology in the financial field
blockchain is an underlying technology based on bitcoin, and its essence is actually a decentralized trust mechanism. Through sharing in distributed nodes to maintain a sustainable database, the security and accuracy of information can be achieved. The application of this technology can solve the trust and security problems in the transaction, and the blockchain technology has become an optional direction for the future upgrading of the financial instry. Through the blockchain, both parties of the transaction can carry out economic activities without the help of the third-party credit intermediary, so as to rece the cost of the global transfer of assets
extended data:
since 2016, the major financial giants have also heard the news and launched blockchain innovation projects one after another to explore the possibility of applying blockchain technology in various financial scenarios. In particular, Puyin group took the lead in creating a "blockchain +" standard digital currency. Standard digital currency refers to the process of assets identification, evaluation, right confirmation and insurance completed by a third party organization. After careful digital algorithm, it is written into the blockchain to form the standard corresponding relationship between assets and digital currency, which is called standard digital currency
in order to realize the great leap forward development of blockchain finance, promote the new development of China's economy, accelerate the global asset circulation, and realize the dream of rejuvenation that has been struggling for generations, Puyin group will hold the Guiyang strategic development ceremony of Puyin blockchain finance in Guizhou on December 9, 2016, at which the discussion on the realization of digital circulation of assets, block chain financial transaction mode, and block chain financial transaction mode will be held It also discusses the application of blockchain service and social public instry
there are several characteristics of blockchain assets, one of which is global circulation. Blockchain assets are first and foremost based on the Internet. As long as there is Internet, blockchain assets can be circulated. The Internet here can be a world wide web or a variety of local area networks. Therefore, blockchain assets circulate globally
even if you are on the moon or Mars, as long as you have the Internet, I can transfer my blockchain assets to you
compared with the centralized way, the transfer fee of blockchain assets in the global circulation is very low. For example, in the early days of bitcoin, the transfer fee was 0.0001btc, but now it's a little expensive. For others, bitcoin cash's network transfer fee is 0.0001bcc, Dasch's transfer fee is 0.002dash, and Ethereum's transfer fee is 0.01eth, which is only a few yuan in RMB. It's very convenient. Compared with the traditional transfer, blockchain assets can arrive at the account very quickly, generally in a few minutes to an hour.
bitcoin wallet can be divided into cold wallet and hot wallet according to the storage method of private key
01. A cold wallet is a wallet that can't access your private key on the Internet
cold wallets often rely on "cold" devices to ensure the security of bitcoin's private key, such as computers that are not connected to the Internet, mobile phones, small notebooks with private key addresses, etc. Cold wallet avoids the risk of hackers stealing the private key, but may face physical security risks, such as computer loss and damage
02. Hot wallet refers to the wallet that can access your private key on the Internet
Hot wallets are often in the form of online wallets. When using hot money package, it is better to set different passwords on different platforms and open secondary authentication to ensure the security of your assets
wallet is actually "a management tool for private key, address and blockchain data".
the second major feature of blockchain assets is anonymity. That is, no one else can know how many blockchain assets you have and with whom you have transferred money. There are different degrees of anonymity
the anonymity of bitcoin is the most basic. You can only find transfer records on the blockchain network, but you don't know who is behind the address. However, once you know the person behind the address, you can find all the relevant transfer records and assets. The anonymity of dascoin and Monroe coin is higher. Even if you find out who is behind the address, you can't know all the transfer information
and zcash achieves the utmost anonymity, only the person with the private key can find all the transfer information.
the key and address are the bank card number and password in the blockchain world
the essence of wallet is to save the key, that is, to save the bank card and password
Why do you need wallet to save the password? Unlike the bank card password, the password of blockchain currency is a string of 256 bits of binary numbers without any meaning
there are several terms of Ethereum wallet that must be deeply understood, otherwise it may cause the loss of blockchain assets. These terms are address, password, private key, mnemonic and keystore. Taking bank account as an analogy, the corresponding contents of these five words are as follows:
address = bank card number
password = bank card password
private key = bank card number + bank card password
mnemonics = bank card number + bank card password
keysore + password = bank card number + bank card password
keysore ≠ bank card number
if you forget your wallet information, What are the consequences? There are several situations:
(1) if you forget the address, you can use the private key, mnemonic words and keystore + password to import the wallet to retrieve it
(2) if you forget the password, you can use the private key and mnemonic words to import the wallet to reset the password
(3) if the password is forgotten and the private key and mnemonic words are not backed up, the password cannot be reset and the token cannot be transferred, which is tantamount to losing control of the wallet
(4) if you forget the password, the keystore will lose its function
(5) if you forget the private key, you can export the private key as long as your wallet is not deleted and your password is not forgotten
you can use mnemonic words,
(7) if you forget mnemonic words, you can import wallet to backup mnemonic words through private key and keystore + password
(8) if you forget the keystore, as long as your wallet is not deleted and your password is not forgotten, you can back up the keystore again
mnemonics,
it can be seen from the above that as long as there is a message in "private key, mnemonics, keysore + password", the wallet is there. Therefore, a good backup of "private key, mnemonics, keysore + password" is the most critical
the Xueshuo innovation blockchain Technology Workstation of Lianqiao ecation online is the only approved "blockchain Technology Specialty" pilot workstation of "smart learning workshop 2020 Xueshuo innovation workstation" launched by the school planning, construction and development center of the Ministry of ecation of China. Based on providing diversified growth paths for students, the professional station promotes the reform of the training mode of the combination of professional degree research, proction, learning and research, and constructs the applied and compound talent training system.