Blockchain and division of labor
in short, blockchain is a community-based technology, which can make value exchange more secure. Blockchain is their name
therefore, chain operation has a huge impact on the people, creating the greatest value for the enterprise and bringing more convenience to the people strong>
In 2009, bencong invented bitcoin, and set that there are only 21 million bitcoins. By participating in the proction of blocks and providing proof of work (POW), he can get the reward of bitcoin network. This process is mining
the concept of "mining" comes from the existing concepts in our real economic life, such as gold mining and silver mining. Because minerals are valuable, it drives people to pay labor to dig
another important point of bitcoin mining is that the miners who participate in mining recognize the value of bitcoin, and some of them are willing to spend money in the bitcoin market. Therefore, the mining of bitcoin is meaningful
extended data
currency characteristics of bitcoin
1, decentralized
bitcoin is the first distributed virtual currency, and the whole network is composed of users without central bank. Decentralization is the guarantee of bitcoin's security and freedom
2, bitcoin can be managed on any computer connected to the Internet. No matter where you are, anyone can dig, buy, sell or collect bitcoin
3, exclusive ownership
controlling bitcoin requires a private key, which can be stored in any storage medium in isolation. No one can get it except the user himself
4, low transaction cost
bitcoin can be remitted free of charge, but in the end, about 1 bitfen transaction fee will be charged for each transaction to ensure faster transaction execution
5, no hidden cost
as a means of payment from a to B, bitcoin has no cumbersome limit of quota and proceres. If you know the other party's bitcoin address, you can pay
6, cross platform mining
users can explore the computing power of different hardware on many platforms
with the decentralization of blockchain, there is no need to rely on the third-party platform for sales, recing the price difference between middlemen and direct sellers to consume independently by buyers
every commodity can be easily accessed from planting, proction, processing, consumption and after-sales, so as to avoid the expiration and counterfeiting of commodities
the price of every commodity is clearly marked. Once the information is generated, it can not be tampered with to ensure the rights and interests of businesses and consumers Weifang technology company reports for you.
ecol ecol is an intelligent, efficient and molar blockchain ecosystem and application scenario solution with unified standards for the security vulnerabilities of blockchain technology, which is committed to building a programmable society with smart contracts. Ecol ecosystem enables the blockchain ecosystem to use blockchain, big data, Internet of things, artificial intelligence (AI), virtual reality (VR) and many other technologies to help people from all walks of life seamlessly connect the existing systems and services with the blockchain, and jointly accelerate the implementation of the blockchain from "technical concept" to commercial scene
ecol ecol has 10 core technological innovations compared with other "blockchain black technology". Main chain and side chain technology, cross chain communication, support high concurrency, inhibit block inflation,
both integration and division of labor, both security and convenience; Artificial intelligence
AI
coordination of molar intelligence system, to provide alternative functional moles; Unique virtual machines and smart contracts support all kinds of creative smart contracts; Block fog and fog storage fog computing technology, smaller network delay, fast response; Lower security risk; The al quantification of block structure and digital assets has great significance of standardization, normalization and unification of block structure and digital asset valuation; Matching hardware wallet, light wallet and cold wallet, it integrates all the functions of eating, drinking, basic necessities of life, work and life. The integration of blocks and transactions enables each transaction to directly participate in maintaining the transaction order of the whole network, which greatly improves the efficiency. Ten core technological innovations to jointly build a complete ecol ecosystem.
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
in recent years, the world's attitude towards bitcoin has gone up and down, but blockchain technology, as one of the underlying technologies of bitcoin, has been paid more and more attention. In the process of bitcoin formation, blocks are storage units that record all the communication information of each block node in a certain period of time. Each block is linked by random hash (also known as hash algorithm). The latter block contains the hash value of the former block. With the expansion of information exchange, one block is connected with another block one after another, and the result is called blockchain
The current development stage of blockchain Technology: financial value period, credit value period and governance value period. Among them, blockchain 3.0 and 4.0 are developing rapidly. It is predicted that there will be a wave of great changes in blockchain technology
ecology makes the main chain and the side chain
ecol ecology makes the team deal with the difficulties faced by the side chain. Through data isolation and cross chain audit, the business data confidentiality and security of the side chain can be guaranteed, and the balance between data transparency and business confidentiality can be solved
and support multi side chain, main side chain communication, asset transfer, both integration and division of labor, both security and convenience. The main chain is mainly responsible for security and consensus. The side chain will provide smart contracts, token issuance, asset trading, cross chain interoperability, and the structure of the main and side chains. Through slimming and pruning technology, it can effectively prevent block swelling, garbage accumulation, and shorten synchronization time. To clear the obstacles for the implementation of high concurrency and lightning network
ecol ecol makes it possible to connect different blockchains through side chain technology, which is the key to solve the problem of slow transmission speed and low efficiency in expanding the external structure of blockchain. In short, the side chain is like a channel, connecting different blockchains together to realize the expansion of blockchain. In the long run, ecolink will graally build a high-speed value Internet belonging to the side chain in the case of developing, applying and proposing solutions
