Implementation of blockchain storage

1. blockchain does not belong to any instry. Blockchain is a new application mode of computer technology, such as distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and so on. 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 is a distributed account book that can not be tampered with and forged by means of cryptography.

2.

If you want to understand the application of blockchain, you can refer to many books and opinions, such as illustrated blockchain, blockchain: reshaping the economy and the world, blueprint and guide of new economy, and articles of coin'an community, including a detailed understanding of the platform of coin'an community, with great strength

As the name suggests, blockchain is composed of block and chain. It is a new application mode of computer technology such as distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and so on. It is a kind of chain data structure that combines data blocks in order according to the time sequence, and it is a secure and reliable distributed account book that can not be tampered with and forged by means of cryptography

in 2008, in his paper bitcoin: a peer-to-peer e-cash system published by Nakamoto, he first proposed the idea of blockchain and encrypted digital currency. Starting from bitcoin, blockchain has become the underlying technology of various digital currencies

Second, the working principle of blockchain:

1. The basic concepts include: (1) transaction: one operation will change the account status once, such as adding a record 2) Block: records the transaction and status data within a specified time, which is a consensus and preservation of the current account status 3) Chain: it is composed of a series of blocks in chronological order, which is the log record of the whole state change. If you understand the working concept of blockchain, it is not difficult to understand its working principle. Suppose there is a distributed data logbook, which can only be added, not deleted or changed. Its structure is a linear chain formed by a series of "blocks" (which is also the source of the name of "blockchain"), and new data must be put into a new block to be added, The maintenance node can propose a new block, but it must go through a certain consensus mechanism to reach an agreement on the final selected block

2. Take bitcoin as an example to see the working principle of blockchain

the block of bitcoin is divided into block head and block body

Core advantages and characteristics of blockchain

1. The verification, accounting, storage, maintenance and transmission of decentralized blockchain data are all based on distributed system structure. There is no centralized hardware or management organization, and the rights and obligations of any node are equal, The data blocks in the system are jointly maintained by the nodes with maintenance function in the whole system. 2. The open and transparent 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. Security blockchain uses 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. 4. Information cannot be tampered with. Once the information is verified and added to the blockchain, it will be stored permanently. Unless more than 51% (almost impossible) 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, and its data interaction does not need trust (the program rules in the blockchain will judge whether the activity is effective or not). Therefore, the counterparties do not need to let the counterparties generate their own trust by disclosing their identities, which is very helpful for credit accumulation

At present, the most popular classification of blockchain is to divide blockchain into public blockchain, private blockchain and consortium blockchain according to different participants

1. Public chain: anyone can participate in the use and maintenance, and can obtain the effective confirmation of the blockchain. Public chain is the earliest blockchain and the most widely used blockchain at present, such as bitcoin blockchain. The information is completely public

if the licensing mechanism is introced, it includes private chain and alliance chain. 2. Private chain: a company or indivial only uses the blockchain technology, enjoys the exclusive write permission of the blockchain, and does not disclose the information. At present, conservative giants (traditional finance) want to experiment with private blockchain, and the application procts of private blockchain are still groping. 3. Alliance chain: it is a blockchain between the public chain and the existing chain, which is jointly controlled by multiple organizations. The use of the chain is managed with authority, which can be controlled by the manager, and also open to others according to the manager's wishes. In addition, according to the different use scenarios and purposes of blockchain, it can be divided into currency chain for the purpose of digital currency, property chain for the purpose of recording property rights, and crowdfunding chain for the purpose of crowdfunding

On May 28, Ma Huateng, CEO of Tencent, proposed the anti-counterfeiting method based on cloud integrated blockchain technology, which is far more efficient than traditional anti-counterfeiting methods. The future anti-counterfeiting verification scenario may only require users to use their mobile phones for simple scanning, and a large number of complete information based on different dimensions can be obtained

take Maotai liquor as an example:

distillery address, proction workshop, operation staff, inspector, delivery time, transportation vehicle information and driver information,

liquor year, raw material source, raw material supplier, storage warehouse number, raw material transportation vehicle and driver information,

all information can be accurately traced, permanently recorded and tampered with

the above information can be easily verified

2. Food safety issues as early as last November, Wal Mart has cooperated with IBM to track the source of food by using blockchain technology, so as to ensure the safety of food and increase the circulation of food to rece costs. For Wal Mart and other large supermarkets, it took a few days to investigate the source of problem food, After using this technology, only one item of proct information is needed to achieve accurate traceability, and important information such as food origin, inspector, supplier, logistics and transportation can quickly find problems in a few minutes. Currently, procts tracked by blockchain include packaging procts from the United States and pork from China

3. Information security

blockchain technology is promoting an information security technology revolution. (1) identity protection PKI is a common public key encryption technology in e-mail, message application, website and other communication applications. However, since the implementation of most PKI, the centralized trusted third party certification authority (CA) is used to issue, activate and store user certificates. Hackers can attack PKI to fake user identity or crack encrypted information

certcoin is the first PKI implementation of blockchain, which comes from MIT, removes the centralized authentication center, and uses blockchain as a distributed ledger for domain name and public key

pomcor company: blockchain PKI implementation path: keep the authentication center, and use blockchain to store the hash value of issued and activated certificates. Users can verify the authenticity of certificates through decentralized and transparent sources, and can also improve the network access performance through local authentication of secret key and signature based on blockchain

(2) data integrity protection

guardtime developed a secret key free signature architecture (Ksi) based on blockchain technology to replace the secret key based data authentication technology. Ksi stores the hash table of the original data and files on the blockchain, runs the hash algorithm to verify other copies, and compares the results with the data stored in the blockchain. Any data tampering will be found quickly because the original hash table is stored in millions of nodes

(3) key infrastructure protection

the "Achilles heel" of the Internet, DDoS has entered the TB era, DDoS is still the simplest weapon for hackers to bring down the big target with low cost, DNS service is the primary target for hackers to carry out large-scale destruction, but blockchain technology is expected to fundamentally solve the problem

The distributed storage of

blockchain makes hacker attacks lose focus. Nebulis is developing a distributed DNS system, which uses Ethereum blockchain and interstellar Internet file system (IPFs, the distributed substitute of HTTP) to register and resolve domain names. The biggest weakness of DNS is caching, which makes DDoS attacks possible. It is also the bane of the centralized government's censorship of social networks and manipulation of DNS registration. A highly transparent and distributed DNS system can effectively prevent any entity, including the government, from arbitrarily manipulating records

(1) digital currency: improve the convenience of currency issuance and use, such as bitcoin and Ethernet in foreign countries, and guorenbao in China

from the use of physical transactions, to physical currency and credit currency, and then to the rise of bitcoin network, more and more people are aware of the distributed ledger blockchain technology behind it, and graally apply it in many scenarios other than digital currency

(2) cross border payment and settlement: realize point-to-point transaction, rece intermediate fees

transfer and payment. At present, the most mature application of blockchain technology is payment and transfer. Blockchain technology can avoid complicated systems, save the process of inter-bank reconciliation and review, and accelerate the settlement speed; Virtual currency can rece transaction costs without the intervention of clearing house. Different countries have different clearing proceres. It takes two or three days for a single remittance to arrive, which is inefficient and accounts for a large proportion of funds in transit. No longer through the third party, through the blockchain technology to form point-to-point payment. By eliminating the link of the third-party institutions, we can make full day payment, real-time payment, withdraw cash quickly and rece the hidden cost, which helps to avoid the capital risk. It is timely and convenient

(3) bills and supply chain financial business: rece human intervention, rece costs and operational risks

value transfer between point-to-point, control and verify physical bills or central system; Intermediaries will be eliminated and human intervention reced. With the improvement of efficiency, financing channels are more unblocked, risks are lower, and multiple parties benefit

(4) securities issuance and Trading: realize quasi real-time asset transfer, accelerate the speed of transaction clearing

the application of blockchain technology can make the process of securities trading more concise, transparent and fast, rece the plication of IT system, and improve the efficiency of market operation. For stocks, blockchain can eliminate paper and pen or electronic form records, rece human errors in trading, and improve the transparency and traceability of trading platform. Citigroup and Nasdaq cooperate to promote blockchain applications

(5) customer credit investigation and anti fraud: rece the cost of legal compliance, prevent financial crimes

the customer information and transaction records recorded in the blockchain help banks identify abnormal transactions and effectively prevent fraud. The technical characteristics of blockchain can change the existing credit reference system, and store the data of customers with bad records in the blockchain when the bank concts "know your customer" (KYC)

equity crowdfunding:

3. Blockchain technology uses mathematical methods to achieve distributed accounting and solve the trust problem, so as to complete the decentralization, which will bring far-reaching influence in many fields such as communication, finance, Internet of things, government management and so on
blockchain refers to the technical solution of collective maintenance of a reliable database through centralization and distrust in the past, and it is a technical way for the whole people to participate in bookkeeping. Previous bookkeeping methods were all centralized and needed centralized intermediary, whether it was traditional government, financial institutions, notarization institutions or emerging e-commerce platform and online payment platform
in economic hypothesis, information is sufficient. In fact, it is precisely because of insufficient information that there are very large intermediaries. The existence of intermediaries increases the transaction cost and raises the transaction threshold. In essence, blockchain technology is a large-scale collaboration tool. It makes direct value transfer possible by using pure technology for the first time, and continues the trend of Internet decentralization and disintermediation. Disintermediated blockchain technology will greatly subvert the information intermediary instry
blockchain technology is the basic technology for building bitcoin data structure and encrypted transmission of transaction information, which realizes the issue and transaction of bitcoin. The core of blockchain technology is that all the current participating nodes jointly maintain the transaction and database, so that the transaction is based on the principle of cryptography rather than trust, so that any agreed parties can directly carry out payment transactions without the participation of a third party
technically, a block is a data structure for recording transactions, reflecting the capital flow of a transaction. In the system, the transaction blocks are connected to form a main chain, and all the nodes participating in the calculation record the main chain or part of the main chain
a block contains the following three parts: transaction information, hash formed by the previous block and random number. Transaction information is the task data carried by the block, including the private keys of both parties, the number of transactions, the digital signature of electronic currency, etc; The hash hash formed by the previous block is used to connect the blocks and realize the sequence of past transactions; Random number is the core of the transaction. All nodes compete to calculate the answer of the random number. The node that gets the answer the fastest generates a new block and broadcasts it to all nodes for updating, so as to complete a transaction.

4. From the perspective of data, blockchain is a kind of distributed database or distributed shared general ledger. The "distributed" here is not only reflected in the distributed storage of data, but also reflected in the distributed records of data. From the perspective of effect, blockchain can generate a set of time sequence, tamper proof and trustworthy database
blockchain has four core technologies. The first one is block + chain, which is the most core and basic technology in blockchain. The second core technology is distributed structure. The ingenious design of blockchain structure is to let every node participating in data transaction record and store all data. The third core technology is asymmetric encryption algorithm, and the fourth core technology is script, which can be understood as a programmable smart contract.

5.

The hottest things this year are "bitcoin", "Ethereum" and all kinds of cryptocurrencies, so hot that even aunts and uncles are about to start talking about them. It is no exaggeration to say that 2017 is the first year of the development of cryptocurrency and blockchain technology

as the underlying technology behind bitcoin, the concept of blockchain has only been mentioned in the past two or three years, although as early as 2009, "Nakamoto Tsung" released bitcoin. After this wave of digital currency boom, the concept of blockchain technology has really entered the eyes of all walks of life. I'm afraid it's too early to mention the wide application of blockchain technology, which is still in a very early stage of development. However, e to the arrival of the boom, many technicians and teams have contributed their efforts to build some blockchain concept projects“ Needless to say, as the first application of blockchain technology, bitcoin of "Zhongben cong" has realized the function of distributed ledger, which can realize the first decentralized value transmission of human beings. It can be said that it is "blockchain 1.0". Then Ethereum invented the smart contract, which extended the function of blockchain technology to build applications. It is well deserved to be defined as "blockchain 2.0". However, the blockchain concept projects that came out later did not realize this leap forward role, but only improved to a certain extent at the application level, so they can not be called "blockchain 3.0"

so what is "blockchain 3.0"? Maybe bitcoin OS is the answer: an operation system that is completely based on blockchain technology and follows the concept of blockchain technology. In the 1980s, before Microsoft released the windows operating system, personal computers and Internet technology were still in a non systematic state and could not be popularized. After the release, personal computers were allowed to enter ordinary people's homes, making PC and Internet universal application procts. Recently, bitcoin OS team announced the implementation of the bifurcations of bitcoin and Ethereum on Christmas day, so as to officially publish the plan of developing blockchain OS

anyone who knows a little bit about blockchain technology knows that bitcoin solves the problem of account book, while Ethereum is a smart contract to realize application expansion. Later, a team will launch a distributed storage project. But these systems with only a single functional mole are not "operating systems". The traditional definition of operating system is a huge management and control program, which includes five management functions: process and processor management, job management, storage management, device management and file management. In fact, the OS based on blockchain does not need to change all the five functional blocks into distributed ones, as long as the parts related to the external transmission of value and information can be decentralized and distributed. Therefore, the blockchain operating system should have at least three functions of "account system management, computing resource management and storage resource management", which can realize distributed ledger, edge computing and edge storage. Although it is still too early to define the instry standard in this way, bitcoin OS team is committed to realizing the blockchain OS possessed by these three functional blocks first, and then improving it through iteration

according to the bitcoin OS team, the name "bitcoin OS" is actually "blockchain OS", which is named after "bitcoin", which is also a tribute to the inventor "Satoshi Nakamoto". At present, from the technical details given by the bitcoin OS team, we may be able to see some aspects of this "blockchain 3.0" project

firstly, the management function of the account book system supports locating the ownership of resources according to the account ID, such as the private key; Computing resource management can obtain corresponding computing resources according to the demand, support edge computing, and share distributed computing power. In addition, storage resource management can use storage resources according to the demand, and support edge storage. Compared with bitcoin OS, Ethereum only supports account system and smart contract, which can not meet the distribution of distributed computing tasks. Ethereum only supports the fair execution of contract code, let alone the management of storage resources. So Ethereum is only a custom calculator

in addition, it is worth mentioning that bitcoin OS self customized enhanced smart contract. It supports two modes, which are more flexible and efficient

1. Central computing mode: the outgoing node is responsible for executing the smart contract, and both the incoming parameters and the output results support sipfs to be stored in the storage node

Distributed computing mode: ordinary nodes can claim computing tasks, input parameters and output results support sipfs storage to storage nodes

finally, we also need to mention the built-in sipfs super interstellar file system of bitcoin OS. Sipfs can realize the decentralized storage of technical input parameters and output parameters. At the same time, the file has a life cycle, and the DNA description of the file descriptor is recorded on the blockchain. The file descriptor of sipfs does not exist on the blockchain, but it will be stored in a separate file descriptor data file. After the end of the file life cycle, the blockchain will automatically delete the file descriptor, Realize the intelligent slimming of blockchain

"blockchain 3.0" is worth looking forward to, and bitcoin OS team, as the vanguard, is worth paying attention to and encouraging. We are looking forward to the real blockchain operating system

6. The relationship between blockchain and big data storage is as follows:
first, data security: blockchain makes data flow "at ease"
with its trustworthiness, security and non tamperability, blockchain liberates more data. A typical case is used to illustrate how blockchain promotes the generation of big data for gene sequencing. Blockchain sequencing can use the private key to limit access rights, so as to avoid the legal restrictions on indivial access to gene data, and use distributed computing resources to complete the sequencing service at low cost. The security of blockchain makes sequencing an instrialized solution, realizing global scale sequencing, thus promoting the massive growth of data< Second, data open sharing: blockchain guarantees data privacy
the government has a large number of high-density and high-value data, such as medical data, population data, etc. The opening of government data is the general trend, which will have an inestimable impetus to the development of the whole economy and society. However, the main difficulty and challenge of data opening is how to open data while protecting personal privacy. Data desensitization technology based on blockchain can ensure data privacy and provide a solution for data opening under privacy protection. Data desensitization technology mainly uses hash processing and other encryption algorithms. For example, enigma based on blockchain technology can protect the privacy of data and eliminate information security problems in data sharing by computing data without accessing the original data. For example, employees of a company can safely open the path to access their salary information and jointly calculate the average salary within the group. Each participant can know his or her relative position in the group, but he or she knows nothing about the salaries of other members< The schematic diagram of data hash desensitization processing
3. Data storage: blockchain is a kind of database storage technology that can not be tampered with, full history, strong endorsement
blockchain technology, through all nodes in the network participate in the calculation together, and verify the authenticity of their information to achieve the consensus of the whole network, it can be said that blockchain technology is a specific database technology. So far, our big data is still in a very basic stage. The data based on the consensus of the whole network and the reliable blockchain data are tamperable and historical, which makes the quality of the data gain unprecedented strong trust endorsement, and also makes the development of the database enter a new era< Data analysis: blockchain ensures data security
data analysis is the core of realizing data value. In data analysis, how to effectively protect personal privacy and prevent core data leakage has become the primary consideration. For example, with the application of fingerprint data analysis and the popularization of genetic data detection and analysis, more and more people worry that once personal health data is leaked, it may lead to serious consequences. Blockchain technology can prevent this kind of situation through multi signature private key, encryption technology and secure multi-party computing technology. When the data is hashed and placed on the blockchain, the use of digital signature technology can enable those authorized people to access the data. The private key not only ensures the privacy of data, but also can be shared with authorized research institutions. The data is stored on the decentralized blockchain and analyzed without accessing the original data. It can not only protect the privacy of the data, but also provide it to the global scientific research institutions and doctors for sharing. As the basic health database of all mankind, it will bring great convenience to solve the sudden and difficult diseases in the future
v. data circulation: blockchain protects the rights and interests related to data
for valuable data assets of indivials or institutions, blockchain can be used to register them. Transaction records are recognized, transparent and traceable throughout the network, making clear the source, ownership, use right and circulation path of big data assets, which is of great value to data asset transaction
on the one hand, blockchain can break the threat of intermediary ing data, which is concive to the establishment of a trusted data asset trading environment. Data is a very special commodity, which is essentially different from ordinary commodities. It is mainly characterized by unclear ownership and "being owned after seeing and ing", which also determines that the traditional commodity intermediary transaction method can not meet the needs of data sharing, exchange and transaction. Because the intermediary center has the conditions and the ability to and save all the flowing data, it is extremely unfair to the data procers. This threat can not be eliminated only by commitment, and the existence of this threat has become a huge obstacle to the flow of data. Based on the decentralized blockchain, it can break the threat of ing data in the intermediary center and protect the legitimate rights and interests of data owners
on the other hand, blockchain provides a traceable path, which can effectively solve the problem of data right confirmation. Through multiple nodes participating in the calculation in the network, blockchain can participate in the calculation and recording of data together, and verify the effectiveness of their information. It can not only carry out information anti-counterfeiting, but also provide a traceable path. The transaction information of each block is strung together to form a complete detailed list of transactions. The context of each transaction is very clear and transparent. In addition, when people have doubts about the "value" of a block, they can easily trace back the historical transaction records, and then judge whether the value is correct, and identify whether the value has been tampered or recorded incorrectly
with the protection of blockchain, big data will naturally become more active
the tokens of crowdfunding projects on coin Ying China platform are all developed based on blockchain technology, and relevant information will be recorded on the blockchain.

7. What is risk? Futures contracts provide leverage (inversely proportional to the guarantee rate). The volatility of underlying assets determines the volatility of futures
it's normal for the stock market to fluctuate by 30-40% a year, and the fluctuation of exchange rate by more than 20% is very large. However, if the leverage ratio is included, the profit and loss fluctuation of foreign exchange futures may be much higher than that of stock market futures, but these are just numbers games< In the end, derivatives only provide a mathematical calculation.

8. Blockchain technology has the characteristics of decentralization, tamper proof and time stamp proof, which naturally meets the requirements of electronic data storage. The combination of blockchain and electronic data storage can rece the cost of electronic data storage, facilitate the evidence identification of electronic data, and improve the litigation efficiency in the field of judicial storage. Blockchain certificate storage can make data consistent storage, tamper proof and non repudiation proof, and ensure the security of data transmission and access with the help of cryptography. Cipher finance mimacaijing focuses on blockchain information.