Five activity elements on blockchain

1.

blockchain is an important concept of bitcoin. It is essentially a disintermediated database. At the same time, as the underlying technology of bitcoin, it is a series of data blocks generated by using cryptographic methods. Each data block contains the information of a bitcoin network transaction, which is used to verify the effectiveness of its information (anti-counterfeiting) and generate the next block

blockchain is a new application mode of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other computer technologies

in a narrow sense, blockchain is a kind of chain data structure that combines data blocks in a sequential way according to the time sequence, and it can not be tampered with and forged by cryptography

broadly speaking, blockchain technology uses blockchain data structure to verify and store data, uses distributed node consensus algorithm to generate and update data, and uses cryptography to ensure the security of data transmission and access It is a new distributed infrastructure and computing method to program and operate data by using intelligent contract composed of automated script code

extended data:

the evolution mode of blockchain is as follows:

& 9642; Blockchain 1.0 - digital currency

▪ Blockchain 2.0 - digital assets and smart contracts

▪ Blockchain 3.0 - Implementation of distributed applications in various instries

blockchain features:

1. Disintermediation. Due to the use of Distributed Accounting and storage, there is no centralized hardware or management organization in the system, the rights and obligations of any node are equal, and the data blocks in the system are jointly maintained by the nodes with maintenance function in the whole system

2. Openness. The system is open. In addition to the private information of all parties to the transaction is encrypted, the data of the blockchain is open to all. Anyone can query the blockchain data and develop related applications through the open interface, so the information of the whole system is highly transparent

3. Autonomy. Blockchain adopts consensus based specifications and Protocols (such as a set of open and transparent algorithms) to enable all nodes in the whole system to exchange data freely and safely in a de trusted environment, so that the trust in "people" is changed into the trust in machines, and any human intervention does not work

The information can not be tampered with. Once the information is verified and added to the blockchain, it will be stored permanently. Unless more than 51% of the nodes in the system can be controlled at the same time, the modification of the database on a single node is invalid. Therefore, the data stability and reliability of the blockchain are extremely high

5. Anonymity. Because the exchange between nodes follows a fixed algorithm, the data interaction does not need to be trusted (the program rules in the blockchain will judge whether the activity is effective). Therefore, the counterparties do not need to make the other party trust themselves by disclosing their identities, which is very helpful for the accumulation of credit

2.

The strict definition of blockchain refers to the distributed database technology that multiple nodes in peer-to-peer network jointly maintain a continuously growing list ledger constructed by time stamp and orderly record data blocks through consensus mechanism based on cryptography technology. This technical solution allows any number of nodes in the participating system to calculate and record all the information exchange data in the system in a period of time to a data block through cryptography algorithm, and generate the fingerprint of the data block for linking the next data block and checking. All participating nodes in the system jointly determine whether the record is true

blockchain is a technical solution similar to NoSQL (non relational database). It is not a specific technology, and can be implemented through many programming languages and architectures. There are many ways to realize blockchain, including pow (proof of work), POS (proof of stake), dpos (delegate proof of stake), etc

the concept of blockchain was first proposed in the paper "bitcoin: a peer-to-peer electronic cash system" by indivials (or groups) who call themselves Satoshi Nakamoto. Therefore, bitcoin can be regarded as the first application of blockchain in the field of financial payment

< H2 > [popular explanation]

no matter how big the system or how small the website is, there is a database behind it. So who will maintain this database? In general, who is responsible for the operation of the network or system, then who is responsible for the maintenance. If it is wechat database, it must be maintained by Tencent team, and Taobao database is maintained by Alibaba team. We must think that this way is natural, but blockchain technology is not

if we think of the database as a book, for example, Alipay is a typical account book. Any change of data is bookkeeping. We can think of database maintenance as a very simple way of accounting. In the world of blockchain, everyone in the blockchain system has the opportunity to participate in bookkeeping. The system will select the fastest and best bookkeeper in a period of time, maybe within ten seconds or ten minutes. The bookkeeper will record the changes of the database and the account book in a block. We can think of this block as a page. After the system confirms that the records are correct, the system will record the changes of the database and the account book in a block, It will link the fingerprint of the past account book to this paper, and then send this paper to everyone else in the whole system. Then, over and over again, the system will look for the next person with fast and good bookkeeping, and everyone else in the system will get a of the whole ledger. This means that everyone as like as two peas in the system is called Blockchain. It is also called distributed account technology. P>

as like as two peas (computer) have identical accounting books, and everyone has the same rights, they will not collapse e to the loss of contact or downtime of a single person. As like as two peas, the data is transparent and everyone can see what changes are in every account. Its very interesting feature is that the data can't be tampered with. Because the system will automatically compare, it will think that the same number of books with the largest number are real books, and a small number of books with different numbers are false books. In this case, it's meaningless for anyone to tamper with his own account book, because unless you can tamper with most nodes in the whole system. If there are only five or ten nodes in the whole system, it may be easy to do so. However, if there are tens of thousands or even hundreds of thousands of nodes and they are distributed in any corner of the Internet, unless someone can control most computers in the world, it is unlikely to tamper with such a large block chain

< H2 > [elements]

combined with the definition of blockchain, we think that we must have the following four elements to be called public blockchain technology. If we only have the first three elements, we will consider it as private blockchain Technology (private chain)

1, peer-to-peer network (power equivalence, physical point-to-point connection)

2, verifiable data structure (verifiable PKC system, non tampering database)

3, distributed consensus mechanism (Solving Byzantine general problem, solving double payment)

4 Game design of Nash equilibrium (cooperation is the strategy of evolutionary stability)

< H2 > [Characteristics]

combined with the definition of blockchain, blockchain will realize four main characteristics: decentralized, trustless, collective maintenance and reliable database. And the other two will be derived from the four characteristics  Features: open source  Privacy. If a system does not have these characteristics, it can not be regarded as an application based on blockchain technology

Decentralized: there is no centralized hardware or management organization in the whole network. The rights and obligations of any node are equal, and the damage or loss of any node will not affect the operation of the whole system. Therefore, it can also be considered that the blockchain system has excellent robustness

trustworthiness: there is no need to trust each other when participating in the data exchange between each node in the whole system. The operation rules of the whole system are open and transparent, and all data contents are also open. Therefore, within the specified rule range and time range of the system, nodes cannot and cannot cheat other nodes

collective maintenance: the data blocks in the system are maintained by all the nodes with maintenance function in the whole system, and these nodes with maintenance function can be participated by anyone

reliable database: the whole system will enable each participating node to obtain a of the complete database in the form of sub databases. Unless more than 51% of the nodes in the whole system can be controlled at the same time, the modification of the database on a single node is invalid, and the data content on other nodes cannot be affected. Therefore, the more nodes and computing power in the system, the higher the data security in the system

Open Source: since the operation rules of the whole system must be open and transparent, the whole system must be open source for the program

Privacy Protection: since there is no need to trust each other between nodes, there is no need to disclose the identity between nodes, and the privacy of each participating node in the system is protected

3. 1. The so-called blockchain technology, also known as the distributed ledger technology, is an Internet database technology, which is characterized by decentralization, openness and transparency, so that everyone can participate in database records
2. Blockchain is an innovative application mode of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other computer technologies in the Internet era. In recent years, the development and application of blockchain is of great significance to technological innovation and instrial revolution. This experience introces the relevant knowledge of blockchain technology
3. Blockchain is a distributed ledger, which can contain financial and / or non-financial transactions. It can be replicated (distributed) on multiple systems in almost real time through peer-to-peer network. Each participant "owns" the same ledger and gets updated when adding any transaction. Each participant helps to determine the inherent "invariance" of all existing records, Using cryptography and digital signature to prove identity, authenticity and enforce read / write access, there is a mechanism that makes it difficult to change history, and it is easy to detect someone trying to change it.

4. The analysis elements of jinwowo network are as follows:

1-contains a distributed database

2-distributed database is the physical carrier of blockchain, blockchain is the logical carrier of transaction, all core nodes should contain full copies of the blockchain data

3-blockchain serializes blocks according to time, And blockchain is the only body of the whole network transaction data

4-blockchain is only effective for addition, but not for other operations

5-public and private key verification based on asymmetric encryption

6-accounting node requires that Byzantine general problem can be solved / avoided

7-consensus progress is evolutionarily stable, That is, in the face of a certain amount of contradictions between different nodes, the data will not collapse

8-consensus process can solve the problem of double spending

5. The era of blockchain 1.0 is the era of digital currency, and the technical basis is:
1. Lianzhuang data block structure based on blocks
2. Network wide shared ledger
3. Asymmetric encryption
4. Source code open source
blockchain 2.0 era technical basis:
1. Smart contract; It is an application in the blockchain system. It is a business logic that can run automatically by coding. It usually has its own token and special development language
2. DAPP: it includes the user's applications, including but not limited to various cryptocurrencies, such as Ethereum wallet
3. Virtual machine: used to execute the compiled code of smart contract. Virtual machine is Turing complete
with the application and deepening of blockchain technology, the era of blockchain 3.0 has come. The mode of blockchain cooperation can be seen from behind the operation of all walks of life. Therefore, blockchain will change the way of human life widely and profoundly, so the whole life service will enter the era of blockchain. In the process of Internet development, blockchain + physical instry, blockchain e-commerce and blockchain community operation can be applied to blockchain technology
of course, 3.0 came into being with the development of modern cryptography. Today's applied cryptography is the result of cryptography 20 years ago. Therefore, in order to apply blockchain technology to more participation scenarios, especially in Internet economy and other aspects, more verification is needed to verify whether the existing encryption technology can meet the demand, and more in-depth integration of cryptographic frontier technology and continuous innovation are needed.

6. 1-contains a distributed database

2-The distributed database is the physical carrier of the blockchain, and the blockchain is the logical carrier of the transaction. All core nodes should contain the full of the blockchain data

3-The blockchain serializes the blocks according to time, and the blockchain is the only body of the whole network transaction data

4-The blockchain is only effective for adding, Invalid for other operations

5-public-private key verification based on asymmetric encryption

6-accounting node requires that Byzantine general problem can be solved / avoided

7-consensus progress is evolutionarily stable, that is, it will not collapse in the face of a certain amount of contradictory data of different nodes

8-consensus process can solve the problem of double spending

five characteristics of blockchain:
decentralized
e to the use of Distributed Accounting and storage, there is no centralized hardware or management organization, the rights and obligations of any node are equal, and the data blocks in the system are jointly maintained by the nodes with maintenance function in the whole system
thanks to the decentralization of blockchain, bitcoin also has the characteristics of decentralization [6]
openness
the system is open, in addition to the private information of all parties to the transaction is encrypted, the data of the blockchain is open to all, and anyone can query the blockchain data and develop related applications through the open interface, so the information of the whole system is highly transparent
autonomy
blockchain adopts consensus based specifications and Protocols (such as a set of open and transparent algorithms) to enable all nodes in the whole system to exchange data freely and safely in a de trusted environment, so that the trust in "people" is changed into the trust in machines, and any human intervention does not work
information cannot be tampered with
once the information is verified and added to the blockchain, it will be stored permanently. Unless more than 51% of the nodes in the system can be controlled at the same time, the modification of the database on a single node is invalid, so the data stability and reliability of the blockchain are extremely high<
anonymity
since the exchange between nodes follows a fixed algorithm, their data interaction does not need trust (the program rules in the blockchain will judge whether the activity is effective by themselves), so the counterparties do not need to let the counterparties generate their own trust by disclosing their identities, which is very helpful for credit accumulation.

7. The third category of blockchain projects is application. Application projects are blockchain projects based on blockchain development platform (such as Ethereum), which can solve many problems in various fields of real economy
for example, AUR, Golem, vechain, omisego, which provides asset exchange and transfer services, is a prediction platform based on blockchain. Using blockchain technology, these projects can better solve the problems of trust and cross-border circulation. At the same time, using smart contracts and tokens on the blockchain, they can better realize automatic execution and greatly improve the efficiency of social and economic activities
Application blockchain projects cover a wide range of fields, including finance, social networking, games, property rights protection and so on. It is also the field where the market value of blockchain projects is growing fastest at present.

8. A new resolution initiated by representative Adam kinzinger, a Republican from Indiana, has been submitted to the US House of Representatives, calling on the government to formulate national policies on emerging technologies, including digital currency and blockchain technology
the resolution calls on the idea of bitcoin, but does not directly mention its name. Instead, it calls it "alternative illegal currency". Blockchain technology is the key point, which points out that this technology has the potential to "fundamentally change" the way trust and security are built on online transactions
but in fact, the United States has not taken action to formulate this rule. However, there is a global blockchain alliance R3 in the process of formulating the standard for the use of blockchain. Of course, blockchain is just a technology that can be used by any enterprise. In China, there is a project called decent, which is more avant-garde. It uses blockchain technology to build a decentralized content publishing platform, but it may encounter some problems in China.

9. The combat effectiveness of lol hero League is composed of (1) three parts: ranking, winning rate and fighting times<
specifically for
first, qualifying plus
for all players participating in qualifying, the game will be initialized to 1200 points by default, which can be divided into three types: team 3v3, team 5v5, single 5v5
this score is called rank score (or ELO), and the score lower than 1200 points will not be displayed, which can be found in the game
the ELO plus component in combat effectiveness is converted on the basis of the official ELO score of the game. The detailed rules are as follows:
(1) if a player has never played in any qualifying match, 1100 points will be counted
(2) take the highest one from the three rank scores to calculate
(3) ELO additive component = ELO * (1 + (elo-1000) / 2000) ^ 1.4
briefly, if the ELO score is higher, the ELO additive component is also higher, showing an exponential growth. The ELO score of a player with 1300 points is 1580, while that of a player with 2000 points is 3528< Second, the winning rate plus the composition
the winning rate is the number of winning games / total games, which is represented by winratio below< The detailed rules are as follows:
(1) because more than 95% of the players often play match games, the winning rate is only the winning rate of match games; Unless this person doesn't play a match, it's only qualifying
(2) if the winning rate exceeds 70%, it will be only 70%; It is extremely rare to win more than 70% of matches in more than 100 matches
(3) if the winning rate is more than 50%, the formula of winning rate plus component is 750 + 100 * (winratio-50) ^ 0.7; If the winning rate is less than 50%, the formula of winning rate plus composition is 750 - (100 * (50 - $winratio) ^ 0.7). (4) based on the third step above, adjust the winning field:
- if the winning field is less than 20, the winning rate plus component is winratioscore * winning field / 20
- if the winning field is greater than 50, 100, 150, 300, 500, then multiply winratioscore by 1.1, 1.15, 1.2, 1.25, 1.3
(5) on the basis of the fourth step above, carry out ELO condition: multiply by 0.65 * (ELO / 1000) ^ 1.1, if 0.65 * (ELO / 1000) ^ 1.1 & lt; 1, the original score remains unchanged
the highest score of this item is about 3000; If a person's winning rate is less than 35%, he may only get 0 point
Third, the more winning games, the more points. The score of this game will increase steadily, mainly reflecting whether a player is old enough
accounting calculates the winning field plus component of the following two modes, and takes the highest one
(1) match match winning game plus components: each win, plus 2 points, up to 3000 points
(2) the winning field plus component of qualifying: calculate the ELO Net Score (the highest of the three types), with a maximum of 4000 points
the formula for the difference points is (elo-1000) * 1.5 + the difference points * 15.