What are the characteristics of high-order trust mechanism of bl

1. Compared with the traditional centralization scheme, blockchain technology has the following three characteristics:
1) the core idea of blockchain is decentralization
2) the biggest subversion of blockchain lies in the establishment of credit
3) the collective maintenance of blockchain can rece the cost.
in a word, blockchain touches money, trust and power, which are the fundamental basis for human survival.

2. The following points are the characteristics of the blockchain summarized by jinwowo group:

1 - Decentralization: because the blockchain relies on each node to achieve system maintenance and ensure the authenticity of information transmission, it is based on distributed data storage without centralized management by a certain center, Therefore, the attack and tampering of a node will not affect the healthy operation of the whole network

2-DE Trust: the establishment of a connection between any two nodes does not need to trust each other's identity, and the data exchange between the two sides does not need the basis of mutual trust. Since all nodes in the network can act as "supervisors", there is no need to worry about fraud

3 - extensible: blockchain is an underlying open source technology, on which various kinds of extension, decentralized and distrusted applications can be realized<

4 - anonymization: the two sides of data exchange can be anonymous, and the nodes in the network can exchange data without knowing each other's identity and personal information

5 - Security and reliability: because the activities between any nodes are supervised by the whole network, and the database adopts distributed storage, for hackers, first, they can't disguise and cheat, Second, we can't control the network only by conquering a node.

3. Blockchain technology is the underlying technology derived from big data, like a database recording all relevant important data. According to the research of jinwowo group, the characteristics of blockchain technology are as follows:
1-decentralization
2-transparency
3 - openness
4-autonomy
5 - information cannot be tampered with
6 - anonymity.

4. It is understood that compared with the traditional centralized scheme, blockchain technology mainly has the following three characteristics:

the core idea of blockchain is decentralization

in the blockchain system, the rights and obligations of any node are equal, and all nodes have the ability to vote with computing power, Thus, the result recognized by more than half of the nodes is guaranteed. Even under serious hacker attacks, as long as the number of nodes controlled by hackers does not exceed half of the total number of nodes in the world, the system can still operate normally and the data will not be tampered with

block chain's biggest subversive nature is the establishment of credit

theoretically, block chain technology can make WeChat payment and Alipay no longer exist value. The economist makes an image metaphor for blockchain: in short, it is "a machine for creating trust". Blockchain enables people to cooperate with each other in the case of mutual distrust and no neutral central institution. The fight against counterfeit money and financial fraud will not be needed in the future

the collective maintenance of blockchain can rece the cost

under the centralized network system, the maintenance and operation of the system depend on the operation and maintenance of platforms such as data center, and the cost cannot be omitted. Anyone can participate in the nodes of the blockchain. Each node can verify the correctness of the results of other nodes' records while participating in the records, which improves the maintenance efficiency and reces the cost

in a word, blockchain touches money, trust and power, which are the fundamental basis for human survival.

5.

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

Second, openness

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, 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

Four, safety

as 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. Anonymity

unless 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

6. At the end of 2013, the central bank and other five ministries and commissions jointly issued the bitcoin risk notice, which clearly defined bitcoin and other virtual currencies as a special Internet commodity, denying its monetary attribute, but the public can buy and sell freely at their own risk. At this stage, financial institutions are prohibited to provide bitcoin related services. The full text of bitcoin home is available for reference< In an interview, Zhou Xiaochuan, governor of the central bank, compared bitcoin to a tradable asset like a stamp. In 2014, the central bank issued a bitcoin risk notice again, interviewed third-party payment companies, and interrupted the contact between third-party payment companies and bitcoin trading platform. But on the other hand, it also affirms the legitimacy of bitcoin in China. Since 2013, the popular cryptocurrencies are bitcoin, Fuyuan coin, dogcoin, Laite coin, Ruibo coin and so on.

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