Characteristics and analysis of blockchain
first, the meaning of blockchain technology
blockchain technology is a kind of technology that uses decentralized consensus mechanism to maintain a complete, distributed and tamper proof ledger database. It can enable the participants in the blockchain to realize a unified ledger system without establishing a trust relationship. The block is a public account book, which needs multi-point maintenance; Chain is covered with timestamps, which can not be forged. Blockchain is essentially a technology that focuses on security and credibility rather than efficiency
at present, there is a database behind all systems, that is, a large account book. So it's very important who keeps this account book. Now, whose system is who will keep accounts, and the bank accounts are the records of each bank, and Alipay's account is Ali. But now in the blockchain system, everyone in the system can have the opportunity to participate in bookkeeping. If there are new transaction data changes in a certain period of time, everyone in the system can make bookkeeping. The system will judge the fastest and best bookkeeper in this period, write the recorded content into the account book, and send the content of the account book to all other people in the system for backup. In this way, everyone in the system has a complete account book
as a result, the data becomes very secure. Tamperers need to modify more than half of the system node data at the same time to truly tamper with the data. The cost of such tampering is so high that it is almost impossible. For example, bitcoin has been running for more than seven years, and countless hackers around the world have tried to attack bitcoin, but so far there have been no trading errors. It can be considered that bitcoin blockchain has been proved to be a safe and reliable system. Therefore, it can be considered that blockchain technology is a way for the whole people to participate in bookkeeping, and what it will bring is the innovation of bookkeeping.
decentralization. Blockchain technology does not rely on additional third-party management institutions or hardware facilities, and there is no central control. In addition to the self-contained blockchain itself, each node realizes information self verification, transmission and management through distributed accounting and storage. Decentralization is the most prominent and essential feature of blockchain
openness. Blockchain technology is based on open source. In addition to the private information of all parties involved in the transaction is encrypted, the data of blockchain is open to everyone. Anyone can query blockchain data and develop related applications through the open interface, so the information of the whole system is highly transparent
independence. Based on consensus specifications and Protocols (similar to various mathematical algorithms such as hash algorithm used by bitcoin), the whole blockchain system does not rely on other third parties, and all nodes can automatically and safely verify and exchange data in the system without any human intervention
analysis, statistics, monitoring and alarm of the overall running state of the system
visualization analysis, statistics and management of member organizations, nodes and account books
digital asset transaction into the chain, transaction information, block height query display, etc
at present, there are not many such companies. Because of the particularity of blockchain, only indivial companies in China can do it, not necessarily big companies, but only those who have really done blockchain landing projects, such as Renren chain.
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
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 to be trusted (the program rules in the blockchain will judge whether the activity is effective by themselves), so the counterparties do not need to trust themselves by disclosing their identities, which is very helpful for credit accumulation
According to reports, blockchain has the advantages of decentralization, distrust and tamper proof
compared with the Internet, the blockchain network conceived by Cosmos not only realizes information interaction, but also realizes the transmission of asset value. Through the IBC cross chain protocol, the token can be transferred across the chain between the blockchains based on Cosmos' tendermint core. For the public chains based on POW consensus mechanism like Ethereum, pegged zone can be used to bridge
Article source: bit110 network
01, the core operation mechanism of blockchain public certificate
the operation mechanism of blockchain public certificate is composed of two moles: "Notarization management" and "intelligent assistance". After the applicant submits the application, the blockchain notarization system relies on AI technology to audit the identity and information of the applicant. At the same time, the system will review the content of notarial evidence, and then issue a notarial certificate, at the same time on the chain filing. At the same time, the public certificate of blockchain has been formally formed, which immediately meets the online verification needs of users
the core of the operation mechanism of the notarial certificate of the blockchain lies in the application of the blockchain technology. No matter audio, video, photo or document, as long as it is stamped with a time stamp and then put on the chain, it can become an unchangeable and indestructible evidence document
the second important support in the operation mechanism of the notarial certificate of blockchain is the application of artificial intelligence. The application of this technology greatly saves the applicant's application and waiting time, and also greatly improves the speed and accuracy of the notarial office's document confirmation, eliminating the time delay of manual confirmation and possible operational errors<
02, analysis of the characteristics of the operation mechanism of the notarial certificate of blockchain
through the detailed disassembly of the operation mechanism diagram of the notarial certificate of blockchain, it is not difficult to find that compared with the operation mechanism of the traditional notarial certificate, the operation mechanism of the notarial certificate of blockchain has many noteworthy characteristics
the first is synchronization. In the process of generating the public certificate of blockchain, the actions of the applicant and the notary organization are almost synchronous, and the applicant's application and the notary organization's examination, certificate preparation and certificate issuance are almost synchronous. However, in traditional notarization, there is a time interval between the actions of all parties, which is prone to usurpation. Moreover, e to manual operation, a large amount of time cost will be generated, It further causes the delay of the process. The actions of all parties of blockchain notarization are synchronized online, and the action traces and data are generated instantaneously, thus recing the possibility of tampering and ensuring the authenticity and judicial effect of data files
the second is interactivity. In the process of generating the public certificate of blockchain, the actions of the applicant and the notarization institution are interactive - the applicant submits the application, the notarization institution's artificial intelligence audit, the certificate preparation, the certificate issuance, the data archiving, and the applicant's query are carried out alternately. Different from the traditional notarization, the applicant is more in a passive waiting state after submitting the application, which reces the participation of the applicant
dynamic again. In the process of generating the public certificate of blockchain, the evidence file is a dynamic generation process. The process of applying for the notarial certificate is the process of generating the notarial evidence, and this process itself is a part of the notarial certificate. The traditional notarization is that before the notarization, the evidence documents have been basically finalized. What the notary office does is just a process of confirmation and seal, and the dispute prevention function of notarization is weakened
it is precisely because the operation mechanism of the block chain notarial certificate is quite different from that of the traditional notarial certificate, which determines its absolute advantage over the traditional notarial certificate. On the one hand, it meets the people's requirements for efficiency in the digital age; On the other hand, it also strengthens the authenticity and legal validity of notarial documents. Its interactive feature adapts to the Internet era thinking of emphasizing interaction, which makes all parties involved in notarization enter a positive interactive state. Finally, the dynamic nature of the generation of the public certificate of the blockchain greatly gives play to the initiative of the notary organization, rather than passively confirming the existing evidence documents, which can give full play to the original preventive function of the notary.
A: the basic characteristics of blockchain
I. decentralization
blockchain technology does not rely on additional third-party management institutions or hardware facilities, and there is no central control. In addition to the self-contained blockchain itself, each node realizes information self verification, transmission and management through distributed accounting and storage
the foundation of blockchain technology is open source. In addition to the private information of all parties involved in the transaction is encrypted, the data of blockchain is open to everyone. Anyone can query blockchain data and develop related applications through the open interface, so the information of the whole system is highly transparent
Third, independencebased on consensus specifications and Protocols (similar to various mathematical algorithms such as hash algorithm used by bitcoin), the whole blockchain system does not rely on other third parties, and all nodes can automatically and safely verify and exchange data in the system without any human intervention
Four, safetyas long as 51% of all data nodes cannot be controlled, the network data cannot be arbitrarily controlled and modified, which makes the blockchain itself relatively safe and avoids subjective and artificial data changes
5. Anonymityunless there are legal requirements, technically speaking, the identity information of each block node does not need to be disclosed or verified, and the information transmission can be anonymous
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