The first year of blockchain
1. Germination stage: the real germination stage of blockchain was from 2007 to 2009. In 2008, a Japanese American with the pseudonym of Nakamoto first expounded a new fantasy report on electronic money in the form of a synonym on the cryptography discussion group, and bitcoin came out. As early as 2007, Nakamoto began to explore a series of new technologies to create a new currency. On October 31, 2008, bitcoin white paper was released, and on January 3, 2009, bitcoin system officially began to operate
the main technologies supporting bitcoin system include hash function, distributed ledger, blockchain and asymmetric encryption; It can be seen that these technologies build the initial version of the blockchain, and it can also be said that the blockchain is the underlying technology of bitcoin. During the three years from 2007 to 2009, bitcoin was an experimental stage in which a very small number of people participated, and the real commercial activities had not really started
2. "Geek" niche stage: here, "geek" refers to people who are crazy about Internet technology and take technological innovation as fashion and life. On February 6, 2010, the first exchange of bitcoin appeared. On May 22 of the same year, someone bought two hamburgers with 10000 bitcoins. On July 17 of the same year, the exchange Mt. GOx was established, marking the official inflow of bitcoin into the market. Nevertheless, the only people who can really understand and enter the market to participate in bitcoin trading are geeks who are keen on Internet technology. They discuss bitcoin technology on the forum, mine for bitcoin on their own computers, and then buy and sell bitcoin on Mt. GOx. Now these geeks have become billionaires
3. Market brewing stage: the price of bitcoin was $13 at the beginning of 2013, but on March 18 of the same year, the government of Cyprus closed the bank and stock market e to the financial crisis, which made the price of bitcoin soar, and the highest price rose to $266 in April. On August 20 of the same year, the German government confirmed the currency status of bitcoin. On October 14, China network announced the opening of bitcoin payment channel. In November, the US Senate hearing also confirmed the legitimacy of bitcoin. On November 19, the price of bitcoin rose to US $1242, forming a new high. Nevertheless, the foundation for blockchain to enter the mainstream social economy is not yet available, and the soaring price of bitcoin is only e to over optimistic expectations. The containment of China's banking system, the collapse of Mt. GOx and other events made the price of bitcoin continue to fall. At the beginning of 2015, the price of bitcoin has dropped below $200. From 2013 to the beginning of 2015, the public began to understand bitcoin and blockchain
4. The mainstream period of blockchain: on June 23, 2016, the United Kingdom left the European Union, the fifth nuclear test of North Korea in September, Trump's election in November and other events, the uncertainty of the world's mainstream economy led to the recovery of bitcoin with the function of risk aversion. The market demand was large, and the increase of trading volume made the price of bitcoin soar from $400 in 2016 to $20000 in 2017, The wealth effect of bitcoin and the transaction overflow caused by network congestion of bitcoin have led to the outbreak of other series of virtual currencies, as well as a variety of blockchain applications, resulting in the emergence of a large number of blockchain assets that are 100 times, even 1000 times and 10000 times, which has aroused the crazy pursuit of the world, Subsequently, the Chicago Mercantile Exchange launched bitcoin futures trading, marking that bitcoin has officially entered the mainstream investment proct series, and bitcoin and blockchain have entered the global attention
5. Instry landing stage: after the market frenzy in 2017, the virtual currency and blockchain have been adjusted in terms of market, supervision, cognition, etc. in 2018, returning to rationality. In 2017, many blockchain projects that follow the blockchain technology will graally die out with the cooling of the market, and the projects with real blockchain applications will be initially implemented. 2018 is not only the first year of the blockchain, but also a gold rush period for the blockchain. After the waves wash away the sand, what remains is relatively good gold
from the perspective of the history of blockchain development, blockchain technology is not yet mature and is currently in the growth period. The specific practical application of blockchain is only used in the financial field. It still needs a long way to go to apply blockchain from other instries. However, we should grasp the trend of blockchain and actively learn from the new field of blockchain.
from cable TV companies to retail enterprises, all walks of life are trying their best to keep their most precious property: monopoly. The traditional view is: "if you control the entrance and channel, then consumers have little choice."
however, we see that companies like Netflix and Amazon break the old pattern and provide more choices for our lives. Similarly, in the field of digital currency and finance, some of the largest financial institutions are facing serious challenges
it is expected that decentralized business and demand will rise in 2019, which will provide more opportunities for successful blockchain companies. At the same time, but this opportunity also means risk. If, as in 2018, the founders or entrepreneurs of blockchain companies make too many promises, and the projects are suspected of exaggeration, they may lose their reputation and first mover advantage< For decades, the world's largest financial institutions have controlled most of the financial systems of the global economy
however, blockchain companies have begun to gain fair competition opportunities through access to banking services and real-time payment. In 2019, the blockchain instry will enter the field of securities, loans and other derivative financial procts in addition to financial payment. Companies like securitize *, Dharma, dydx, compound finance and the ocean are committed to building decentralized finance
in the past few years, mobile application companies such as rap, gojek and paytm have been expanding their business, with payment, investment, remittance, loan and insurance procts emerging. As many Asian economies move from cash to the digital economy, they are rapidly attracting users of new banks
Asian regulators have provided clearer guidelines for blockchain and digital currency projects because they believe that blockchain is a catalyst for economic growth and may become a sunrise instry in the future
in addition, more than 80% of digital currency trading volume comes from Asia, so digital currency investors are eager to establish reliable infrastructure. If Grab, Gojek and Paytm can benefit from digital money investors, they will begin to support the block chain more, providing awesome experience for payment, loans and other derivatives.
back to the original heart
in the past few years, the digital currency instry has deviated from its original financial vision, which is well illustrated in Nakamoto's bitcoin white paper. Just like the prosperity and depression of the Internet, almost all imaginable real cases, such as the logistics chain of tracking the freshness of flowers, are attracting people's attention with the hot word of blockchain
however, just like the early Internet, real landing cases must match the development stage of technology
Netflix, for example, could not successfully stream TV programs in 2000, when less than 1% of people used broadband. In the past few years, it has become more and more obvious that payment is a real case of massive application of blockchain
in 2019, blockchain companies will develop rapidly in decentralized financial applications (such as loans and insurance procts) based on the smart contract platform
I always find that the best application landing occurs in specific market segments. As long as blockchain companies can focus on procts that solve specific problems, we will see more competitive and innovative blockchain companies
and that's a good thing for the instry as a whole.
2017 is the first year of blockchain outbreak, and 2018 will be the first year of blockchain landing
what changes has blockchain brought to the world from 1.0 to 3.0
the development of blockchain can be divided into three stages: point-to-point transaction, smart contract and pan blockchain application Ecology (token economy)
blockchain 1.0 era: the era of digital currency return rate is the king, Digital currency trading is the most important form for people to participate in the blockchain. At this stage, few people really pay attention to the application value of digital currency, let alone the practical value of blockchain technology behind it. People's focus is on the rate of return of digital currency, which is equivalent to buying stocks on another disk. However, this "stock" is more active, and the rate of return is amazing. Of course, it is also full of sorrow
blockchain 2.0 era: smart contract provides infrastructure support for upper layer application development
"smart contract" era, which is the real programmable blockchain, usually represented by "Ethereum", supports Turing's complete scripting language at this stage, It provides the necessary infrastructure for developers to develop any application on the basis of their set "operating system", and realizes the application landing of virtual world. The biggest contribution of blockchain 2.0 is to completely subvert the traditional concepts of currency and payment through smart contracts. In the era of blockchain 2.0, blockchain has formed a trust foundation based on the characteristics of traceability and non tampering, which provides a trusted execution environment for smart contracts and makes it possible for contracts to be automated and intelligent. The biggest difference between the smart contract and the traditional contract is that it is not restricted by the law of the real society. For the contract subject to automatically execute the agreement after triggering the contract terms, However, the arbitration platform no longer judges the execution result in the smart contract, but undertakes the responsibility of execution
blockchain 3.0: the subversion of business lies in the transformation of proction relations
we are now at the junction of 2.0 era and 3.0 era, which can be regarded as an ideal vision for the future virtual digital currency economy, In blockchain 3.0, people can really realize the asset on the chain, build a variety of applications in a large underlying framework, build a platform with no trust cost, super trading ability and extremely low risk, which can be used to realize the increasingly automated distribution of physical resources and human assets around the world, and promote large-scale cooperation in science, health, ecation and other fields
blockchain 2.0 constructs digital identity, smart contract and other infrastructure. On this basis, it hides the complexity of underlying technology, and application developers can focus more on application logic and business logic. That is to say, we have entered the era of blockchain 3.0, which is marked by the emergence of token. Token is the value transmission carrier on the blockchain network, which can also be understood as token or token
the greatest effect of token on human society lies in its transformation of proction relations. Joint stock companies will be replaced, and every actual participant will become the owner of proction capital. This new type of proction relations inspires every participant to contribute his proctivity continuously, which is a great liberation of proctivity. If this kind of business activity is mapped into the inflation of real society, as long as the former outperforms the latter, every token holder will gain over time
it's too early to talk about blockchain 3.0. Although blockchain has gone out of the conceptual stage, the current situation of blockchain technology development is that the underlying technology is not mature enough and the application scenarios are limited. On the one hand, consensus algorithm and other core technologies of blockchain still have room for optimization and improvement; On the other hand, the processing efficiency of blockchain is difficult to meet the requirements of some high-frequency application environments in reality. Moreover, the current mainstream blockchain technology platforms are all originated from abroad. Domestic blockchain technology service providers should patiently start from the bottom development, achieve independent and controllable technology, and strive to lead the development of global blockchain technology, which still needs a certain period of time
the final goal of the competition is to really concentrate on the research of technology and the development of practical application enterprises! According to my observation, among the various applications based on Ethereum, SEC social e-commerce chain has a great chance of landing, which is likely to become a killer application. In the official account of SECblock, weekly weekly reports show that the team is working hard. p>
2018 has entered the countdown, and the first year of blockchain is coming to an end. In 2018, blockchain technology has received great attention all over the world, and the governments of various countries are actively making efforts in the field of blockchain in an attempt to seize the commanding height of the next instrial innovation. According to the blockchain instry yearbook, in terms of talent supply, there is a large shortage of blockchain talents, and there is a high demand for compound talents. In addition to social training and training, colleges and universities have started blockchain courses
for example, Stanford University, Massachusetts Institute of technology and University of California, Berkeley have begun to offer courses related to blockchain or digital currency. Moreover, many online courses and large-scale open online courses also began to provide relevant training services
it is true that as a "young" technology, the main force of future development of blockchain technology is bound to be young people. But at present, many practitioners in the blockchain instry are self-taught, without systematic professional knowledge training, or only one-sided talents in cryptography, programming, Internet technology, etc
and blockchain technology pays more attention to compound talents with multiple technologies, which may be the internal reason why blockchain talents are increasingly becoming just needed. In 2019, blockchain technical talents seem to have become new professionals, and will be highly competitive
especially in the 13th five year plan for national informatization released in December 2016, it is clearly proposed that the innovation, test and application of new technologies such as blockchain should be strengthened to seize the leading power of new generation information technology
in January 2017, the block chain based digital bill trading platform promoted by the central bank was successfully tested.