What are the advantages of blockchain

2. Zilliqa is positioned as the bottom public chain, and its core competitiveness is to greatly improve the throughput of TPS (i.e. transaction processing speed) through fragmentation technology. In the latest experiment, the processing capacity of zilliqa test network reaches 2488 TPS, which is more than 100 times of Ethereum's maximum speed of 20 TPS and 355 times of bitcoin! Through fragmentation technology, when the number of nodes in the network is more, the transaction processing speed will be higher. When the number of nodes reaches tens of thousands, the transaction speed will hopefully reach the speed of visa, a centralized organization
zilliqa project's token name is ZIL, which has been circulated and traded on 23 exchanges. Mainstream exchanges such as fire coin and coin an support it, so it is very convenient to participate. ZIL's maximum supply is 21 billion, of which 12.6 billion will be released directly through contracts, and the other 8.4 billion will be released in the form of mining awards within 10 years
the main network of zilliqa will be launched at the end of 2018 or the beginning of 2019, and the mining reward is rich, especially in the early stage. The electric power cost of zilliqa mining is only 1 / 9 of that of Ethereum, so it is more feasible with less energy consumption. In addition, mining can be carried out through GPU graphics card miner, and can simultaneously double dig ZIL and eth, bringing higher benefits for miners
pay attention to "zilliqacn" to learn more about the progress of the project.

3. There are many blockchain applications now, and they are still growing<

the people's Bank of China launched the trade finance blockchain platform: widely connecting the information of tax, customs, foreign exchange and other departments, effectively helping SMEs to increase their financing credit
State Grid supply chain financial data sharing platform based on data side chain: provide conditional and reliable sharing service of supply chain financial data under privacy protection, help small and medium-sized suppliers to revitalize accounts receivable, rece financing cost and increase financial income of financial institutions
there are also Guangzhou public law chain, blockchain e-invoice Express Edition, trade finance blockchain platform, blockchain deposit, blockchain traceability and so on. Cipher finance mimacaijing focuses on blockchain information.

4.

Blockchain platforms include Ethereum, Asch and other underlying application development platforms

Ethereum, an open source public blockchain platform with smart contract function, provides decentralized Ethereum virtual machine to process point-to-point contract through its special cryptocurrency ether (ETH)

arch, a decentralized application platform based on side chain technology. Asch is designed to lower the threshold of developers, such as using JavaScript as the application programming language and supporting relational database to store transaction data, which is believed to be very attractive to developers and small and medium-sized enterprises

extended data

in 2008, Nakamoto first proposed the concept of blockchain. In the following years, blockchain has become the core component of electronic currency bitcoin: public account book for all transactions

by using peer-to-peer network and distributed timestamp server, the blockchain database can be managed independently. The blockchain invented for bitcoin makes it the first digital currency to solve the problem of repeated consumption. Bitcoin's design is a source of inspiration for other applications

bitcoin is the absolute mainstream of digital currency, and digital currency is in full bloom. Bitcoin, litecoin, dogecoin, dashcoin are common. In addition to currency application, there are various derivative applications, such as Ethereum, Asch and other underlying application development platforms, as well as NXT, SIA, bitstocks, maidsafe, ripple and other instrial applications

5. Blockchain mainly solves the trust and security problems of transactions, so it proposes four technological innovations to solve this problem:
(1) distributed ledger, that is, transaction bookkeeping is completed by multiple nodes distributed in different places, and each node records complete accounts, so they can participate in monitoring the legitimacy of transactions, At the same time, they can testify together
different from traditional distributed storage, the uniqueness of distributed storage of blockchain is mainly reflected in two aspects: one is that each node of blockchain stores complete data according to block chain structure, while traditional distributed storage generally stores data in multiple copies according to certain rules. Second, the storage of each node in the blockchain is independent and has the same status, which relies on the consensus mechanism to ensure the consistency of storage, while the traditional distributed storage generally synchronizes data from the central node to other backup nodes[ 8]
no single node can record the account data separately, so as to avoid the possibility that a single bookkeeper is controlled or bribed to record false accounts. In theory, unless all the nodes are destroyed, the accounts will not be lost, so as to ensure the security of the account data
(2) asymmetric encryption and authorization technology, the transaction information stored on the blockchain is public, but the account identity information is highly encrypted, which can only be accessed under the authorization of the data owner, thus ensuring the data security and personal privacy
(3) consensus mechanism is how to reach a consensus among all accounting nodes to determine the validity of a record, which is not only a means of identification, but also a means of preventing tampering. Blockchain proposes four different consensus mechanisms, which are suitable for different application scenarios and achieve a balance between efficiency and security
the consensus mechanism of blockchain has the characteristics of "the minority is subordinate to the majority" and "everyone is equal", in which "the minority is subordinate to the majority" does not completely refer to the number of nodes, but also can be the computing power, the number of shares or other characteristics that can be compared by computers“ "Everyone is equal" means that when the nodes meet the conditions, all nodes have the right to put forward the consensus results first, and then directly recognized by other nodes, and finally may become the final consensus results. Taking bitcoin as an example, the workload proof is adopted. Only when more than 51% of the accounting nodes in the whole network are controlled can a nonexistent record be forged. When there are enough nodes in the blockchain, this is basically impossible, thus eliminating the possibility of fraud.
(4) smart contract, which is based on these trusted and tamperable data, can automatically execute some pre-defined rules and terms. Take insurance as an example. If everyone's information (including medical information and risk occurrence information) is true and reliable, it is easy to carry out automatic claim settlement in some standardized insurance procts

6. 1. Public chain, no official organization and management organization, no central server, participating nodes freely access to the network according to the system rules, not controlled, and work based on consensus mechanism among nodes Subversive: absolutely credible and open) < br > typical case: digital currency represents bitcoin < br > 2. The private chain is built within a group. The operation rules of the system are set according to the requirements of the group, and the modification or read permissions are limited to some extent, while maintaining the authenticity and partial decentralization of the blockchain Typical case: R3 < br > 3. Alliance chain, jointly initiated by several institutions, is between the public chain and the private chain, and has the characteristics of partial decentralization. The read permission on the fast chain in this area may be public or partially public, that is to say, multiple pre selected nodes are designated as bookkeepers internally, and the pre selected nodes compete for bookkeeping permission, Other access nodes can participate in the transaction, but not the accounting process The abilities of the candidates should not be uneven< Br > (relatively credible and open) < br > existing cases: Super ledger < br > example:? In the case of loan diversion, when the user jumps to the other party's website for registration through our link, the docking party can choose to cheat and say that it has not received the user's registration request. However, if we put the user registration behavior into the block, if the docking party wants to receive the user registration behavior, it must pay us at the same time.

7. What you see and understand is completely correct. Now all those who are playing blockchain are all such deceptive things. They are just playing a slogan instead of a real blockchain. Big regular companies are playing this slogan to cheat people. They are very speechless