Blockchain standards
China has started to establish a national standard for blockchain to promote the construction of blockchain standard system from top-level design, which is expected to be completed by the end of 2019 at the earliest
in this regard, Zhao Wu, founder of Beijing Huashun Xin'an Technology Co., Ltd., also said that although the blockchain has disruptive technology potential, we must realize that the blockchain is still in its infancy, far from reaching the stage of subverting the world
Yu Kequn stressed that the independent and controllable blockchain network is intended not to be controlled by others technically, but also to promote the healthy development of blockchain. Security is the future life of blockchain. Only its own security can make blockchain technology landing. This requires us to pay equal attention to the development of blockchain technology and its security attributes, even ahead of timein this regard, Li Ming also said that an important part of the standard is the information security standard, which can also see the importance of security to blockchain technology. He also pointed out that the development of blockchain standards does not mean that it will rapidly promote the development of the instry, but give the instry certain guidance. Previously, China has suffered a lot in terms of international intellectual property rights and standards. In terms of blockchain, China has formed more than 200 patents in terms of international blockchain, and even stands in the forefront of world technology. Therefore, we also need to firmly grasp our right to speak
content source: Xinhuanet
A few days ago, some experts said that blockchain is like the Internet in 1992. The standardization has not been completed yet, and the application and promotion will be limited. It is in the early stage of technology reserve. Once there are standards, all kinds of technology research and development can go on
at present, one of the priorities of China Internet Finance Association in 2018 is to actively promote the standardization construction, "blockchain should have a new technical standard system, especially the establishment of an authoritative third-party certification system, which is the top priority for the development of blockchain finance"
although at present, the regulators are quite concerned about the blockchain, they are mainly concentrated in the financial field, especially in the second half of last year when they took strict control measures on virtual currency and ICO (initial currency issue). From the development of the whole instry of blockchain, the law and regulation are still relatively backward. Compared with overseas advanced countries, there is a lack of special laws to define blockchain and manage its trading and trading platform
I hope the standard of blockchain can be improved as soon as possible
content source: bit110 network
blockchain based systems have broad prospects in the future, but we need to be very clear about what blockchain can do. Imagine the blockchain technology in the next 20 years, its impact may be as big as the Internet
however, it is shocking that we mainly see today that the project seems to be based on decentralized design, but in fact there are some misconceptions about blockchain
if we want technology to continue to move in the right direction, we need to turn this craze into proctive and realistic expectations, so as to rece the possibility of the supply chain falling to the bottom. Once it falls to the bottom, it may be abandoned in the corner with meaningless proof of concept
let's take a look at the seven misconceptions of unrealistic expectations for blockchain:
misconception 1: highly scalable
compared with traditional (server based) trading methods, blockchain deployment does not have real scalability, and the current trading time depends on the slow party. They are only scalable for certain types of transactions, such as transactions with small payloads and transactions close to certain limits. You can't just pile up information on the blockchain
Myth 2: it is absolutely secure
although the blockchain is based on encryption standards, the method to ensure privacy is completely outside any blockchain standards and implementation. Only encryption experts can really understand and verify blockchain integration. However, each implementer has the responsibility to ensure security, so this approach is largely the same as the management of financial transactions in the old era
mistake 3: trustworthy
the blockchain ensures the integrity of transactions and information, otherwise anything stored in the blockchain cannot be trusted. You need to make sure that the parties that store the facts in the blockchain are trustworthy and that the facts are true to determine that they are truly trustworthy. This governance model allows multiple parties to be jointly and severally liable for the infrastructure, and requires secure access to store facts in the blockchain
myth 4: you can put anything in the blockchain
blockchain is a protocol represented by code, which is not defined according to any standard. There is no standard body to provide rules or guidance for the implementation of sanctions
generally, you can only handle small payloads, and you still need to reach an agreed standard among all participants so that anyone can understand what is stored
myth 5: you can express anything in a smart contract
although this is technically feasible, in practice, blockchain is limited to simple and easy to understand use cases. Smart contracts are very complex in nature. By design, once released, you cannot modify or repair them. They contain very complex interactions and irreversible results
myth 6: if you don't like public chain, please choose private chain
private chain is not a channel to obtain privacy or access restricted information. In fact, you can even think that private chain should not be an open option. Nevertheless, enterprise blockchains may not be able to realize any inherent advantages of blockchain technology, and privately developed blockchains may lack the community and academic review necessary to ensure their attributes
myth 7: the size of the community doesn't matter
the blockchain procts promoted by the community are being forked by private players in all aspects, and they strengthen their role in various ways. However, a large community composed of users, users, scholars and implementers is the only force to ensure the validity of password attributes. Only the open source blockchain with the largest community and installation base will last. The rest can be regarded as experiments in the laboratory, of which 99.9% will die
a smart technician will move forward based on use cases and a set of first principles in his mind. First, there may never be a blockchain to manage all of them. Two different use cases require different blockchains. Some participants are many, some are few, some need strong privacy around facts, and some are fully transparent
considering all the above, what we can do together now is to innovate, tackle real business problems, and initiate and promote proof of concept to better understand the power of blockchain.