The trust of blockchain is built on a large number of resources

1.

Some time ago, a picture of Chinese aunts appearing on the scene of the blockchain conference became popular on the Internet. For a while, it caused a heated discussion. Netizens said one after another: "aunts have been targeted by the blockchain." In fact, since a few years ago, when the concept of blockchain came out, there have been some illegal elements carrying out pyramid selling activities in the name of blockchain, which has become one of the latest varieties of pyramid selling. In fact, with the development of blockchain, all kinds of virtual currencies emerge as the times require. Most of them are scams. In the name of "virtual currency" and "blockchain", swindlers carry out scams. This is mainly to make use of the psychology that investors do not understand virtual currency and blockchain, but want to catch up with the upsurge of virtual currency investment. This kind of scam seems complicated, but it is also very simple. However, once it is cheated, it is difficult to recover the investment

in a word, blockchain technology is not a fraud, but is used by swindlers to cheat investors by using information asymmetry

2. The choice of trading platform depends on which aspect you pay more attention to. Some people like small income and avoid risk; Some people just like high returns and are not afraid of risks. Therefore, it still depends on indivial choice. Bitasset deploys automatic monitoring and early warning system in terms of security to monitor the possible risks brought by market fluctuation and price fluctuation to users in real time; In terms of income, there are core personnel from traditional financial institutions with foreign exchange trading experience. Not only can the income meet the requirements, but also can reasonably avoid risks, killing two birds with one stone.

3. In the blockchain system, the bookkeeper is selected according to a set of competition rules, and those who participate in the competition have a chance to win and be elected as Bookkeeper. Let's assume that this rule is a Rubik's cube competition, and the one who makes the Rubik's cube first will get the bookkeeping right. This reflects a feature of blockchain bookkeeping: decentralized bookkeeping. By playing Rubik's cube game, the bookkeeper is randomly generated to ensure that the bookkeeper is no longer a centralized organization.

4. Because the leakage of personal information will cause great harm to the informants, which makes them suffer from conservative harassment. What's more terrible is personal information leakage, which is usually accompanied by tens of thousands of personal information being stolen, illegally sold, and even using the formal data trading institutions to steal data

with the rise of blockchain technology, the encryption of blockchain technology can provide solutions for the protection of personal information. Blockchain technology can store personal information in a distributed way to avoid the security risks faced by a single server. Jinwowo network technology has concted in-depth research and Application on blockchain technology

5. Since its first appearance in 2009, the recent surge in the value of digital currency has triggered a discussion in the security field about the benefits of blockchain. Blockchain is a technology that can promote trust types that are extremely lacking in some digital transactions

nowadays, people are exchanging cryptocurrency at a higher and higher speed. But what makes cryptocurrency so trustworthy? The answer is simple: everyone has their own blockchain

what is blockchain technology, what are its benefits, and what is building digital trust

transfer the burden of trust

when we deposit money in a certain place, we believe it will not modify our account. Similarly, when we do retail business, we expect to get enough goods in exchange for the money we spend. By using blockchain, cryptocurrency providers have eliminated the trust burden of third-party financial institutions

blockchain is a peer-to-peer network database, which divides each transaction into its own block. In addition to cryptocurrency transactions, these blocks can contain other sensitive assets, such as identity information, patents, land ownership, medical data, and so on

what is blockchain technology, what are its benefits, and what is building digital trust

once a transaction is grouped into a block, a hash is assigned to the block, so that users can easily detect changes in data. A block may contain a hash of the previous block, creating a block. This allows security professionals to trace the block chain back to the first block or genesis block when an attacker attempts to modify a transaction. Any change will change the hash of the block, requiring potential threat participants to modify all blocks in the chain to complete the attack. For this reason, most cybercriminals think that it is unrealistic to attack blockchain and target

more benefits of blockchain

blockchain is distributed among all participating nodes in the network, so anyone who joins the network can access the whole blockchain. Participants can collectively evaluate the effectiveness of the whole chain, which means that potential attackers need to control more than half of the participants to change the final blockchain

the mechanism of consensus varies with the implementation of blockchain. For example, the previous hot fried currency uses work proof, which is a mathematical challenge. Participants must solve this problem before they can add a block to the chain. Other methods include proof of interest, proof of activity and selective endorsement. Each method has its own advantages and limitations

by checking the audit trail of the blockchain, participants can view the complete record of who owns a given asset, coin or token in the whole life cycle. In other words, they can track the source of assets and past transactions. Public key encryption further ensures non repudiation and confidentiality

there are no restrictions

nowadays, blockchain is often used as a currency ledger to facilitate smart contract and identity management. In addition, some projects are building database networks, which use distributed technology to serve supply chain, real estate, voting system, etc

after all, a technology actually guarantees trust between participants and provides visibility for sensitive transactions. As encryption becomes more and more popular and the need for verification increases, blockchain technology will also be greatly improved

6. Tamper proof, distributed ledger, peer-to-peer

7. Sent to Yuzhou east station, in the East where!