Introduction to 00364 blockchain group

2.

The strict definition of blockchain refers to the distributed database technology that multiple nodes in peer-to-peer network jointly maintain a continuously growing list ledger constructed by time stamp and orderly record data blocks through consensus mechanism based on cryptography technology. This technical solution allows any number of nodes in the participating system to calculate and record all the information exchange data in the system in a period of time to a data block through cryptography algorithm, and generate the fingerprint of the data block for linking the next data block and checking. All participating nodes in the system jointly determine whether the record is true

blockchain is a technical solution similar to NoSQL (non relational database). It is not a specific technology, and can be implemented through many programming languages and architectures. There are many ways to realize blockchain, including pow (proof of work), POS (proof of stake), dpos (delegate proof of stake), etc

the concept of blockchain was first proposed in the paper "bitcoin: a peer-to-peer electronic cash system" by indivials (or groups) who call themselves Satoshi Nakamoto. Therefore, bitcoin can be regarded as the first application of blockchain in the field of financial payment

< H2 > [popular explanation]

no matter how big the system or how small the website is, there is a database behind it. So who will maintain this database? In general, who is responsible for the operation of the network or system, then who is responsible for the maintenance. If it is wechat database, it must be maintained by Tencent team, and Taobao database is maintained by Alibaba team. We must think that this way is natural, but blockchain technology is not

if we think of the database as a book, for example, Alipay is a typical account book. Any change of data is bookkeeping. We can think of database maintenance as a very simple way of accounting. In the world of blockchain, everyone in the blockchain system has the opportunity to participate in bookkeeping. The system will select the fastest and best bookkeeper in a period of time, maybe within ten seconds or ten minutes. The bookkeeper will record the changes of the database and the account book in a block. We can think of this block as a page. After the system confirms that the records are correct, the system will record the changes of the database and the account book in a block, It will link the fingerprint of the past account book to this paper, and then send this paper to everyone else in the whole system. Then, over and over again, the system will look for the next person with fast and good bookkeeping, and everyone else in the system will get a of the whole ledger. This means that everyone as like as two peas in the system is called Blockchain. It is also called distributed account technology. P>

as like as two peas (computer) have identical accounting books, and everyone has the same rights, they will not collapse e to the loss of contact or downtime of a single person. As like as two peas, the data is transparent and everyone can see what changes are in every account. Its very interesting feature is that the data can't be tampered with. Because the system will automatically compare, it will think that the same number of books with the largest number are real books, and a small number of books with different numbers are false books. In this case, it's meaningless for anyone to tamper with his own account book, because unless you can tamper with most nodes in the whole system. If there are only five or ten nodes in the whole system, it may be easy to do so. However, if there are tens of thousands or even hundreds of thousands of nodes and they are distributed in any corner of the Internet, unless someone can control most computers in the world, it is unlikely to tamper with such a large block chain

< H2 > [elements]

combined with the definition of blockchain, we think that we must have the following four elements to be called public blockchain technology. If we only have the first three elements, we will consider it as private blockchain Technology (private chain)

1, peer-to-peer network (power equivalence, physical point-to-point connection)

2, verifiable data structure (verifiable PKC system, non tampering database)

3, distributed consensus mechanism (Solving Byzantine general problem, solving double payment)

4 Game design of Nash equilibrium (cooperation is the strategy of evolutionary stability)

< H2 > [Characteristics]

combined with the definition of blockchain, blockchain will realize four main characteristics: decentralized, trustless, collective maintenance and reliable database. And the other two will be derived from the four characteristics  Features: open source  Privacy. If a system does not have these characteristics, it can not be regarded as an application based on blockchain technology

Decentralized: there is no centralized hardware or management organization in the whole network. The rights and obligations of any node are equal, and the damage or loss of any node will not affect the operation of the whole system. Therefore, it can also be considered that the blockchain system has excellent robustness

trustworthiness: there is no need to trust each other when participating in the data exchange between each node in the whole system. The operation rules of the whole system are open and transparent, and all data contents are also open. Therefore, within the specified rule range and time range of the system, nodes cannot and cannot cheat other nodes

collective maintenance: the data blocks in the system are maintained by all the nodes with maintenance function in the whole system, and these nodes with maintenance function can be participated by anyone

reliable database: the whole system will enable each participating node to obtain a of the complete database in the form of sub databases. Unless more than 51% of the nodes in the whole system can be controlled at the same time, the modification of the database on a single node is invalid, and the data content on other nodes cannot be affected. Therefore, the more nodes and computing power in the system, the higher the data security in the system

Open Source: since the operation rules of the whole system must be open and transparent, the whole system must be open source for the program

Privacy Protection: since there is no need to trust each other between nodes, there is no need to disclose the identity between nodes, and the privacy of each participating node in the system is protected

3. In a word, blockchain is essentially a decentralized database
whether it's the introction in the network, the answers given by everyone, or the simple and easy to understand introction, you may not really understand blockchain. It's recommended to read more relevant information to understand its landing application. Cryptofinance focuses on blockchain information

4.

1. Wikilink wicc introction:

wikilink is a complete intelligent contract platform supporting Turing, through which various application scenarios such as guessing games, asset trading, foreign exchange trading can be realized

wikichain is a public chain. After opening API interface, wikichain, like Ethereum and other blockchain public chains, can be developed and operated by indivials and units around the world, including guessing games, asset trading, foreign exchange trading and other applications

the main website of wikilink has been officially launched, and the wikilink quiz DAPP was officially released on May 18. Wikilink guessing game application is an attempt by the government to test the stability and security of its public chain operation, and it is also an entry point to obtain users. It needs to be specifically stated that wikilink officially operates only guessing games, and does not involve any gambling or gambling linked with legal coins. The props used in the game are game coins released through smart contracts, The game currency is free of charge from wikilink official, and does not need to be purchased by users. The game currency is not exchanged with any legal currency or digital currency, and wikilink does not provide any direct or indirect exchange channel. However, the game currency won by users in the guessing game can participate in the ranking of points, and wikilink officials can distribute prizes to users free of charge according to the ranking

the application or website developed and operated by the third party based on wikilink public chain should comply with local laws and policies. If the local laws and policies require the relevant license or qualification, the developer or operator should obtain the relevant license or qualification before publishing and operating the application

2. Introction to wikilink wicc team:

wikilink team includes developers who enjoy reputation in the instry and have successful project experience, as well as senior operators and experts who have been immersed in the target instry for many years. Wikichain team is a team focusing on the foundation and application of blockchain instry. Now there are nearly 70 people in the research, technology and business team of blockchain. With the development of wikilink and the increase of its application market share, wikilink will absorb talents who are willing to contribute to the community with an open attitude

5. pi network π
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6. Firstly, we need to know that blockchain is a new application mode of computer technology such as distributed data storage, point-to-point transmission, consensus mechanism and encryption algorithm. Secondly, as for the composition architecture of blockchain system, jinwowo Group believes that it is composed of data layer, network layer, consensus layer, incentive layer, contract layer and application layer

1. Data layer: encapsulates the underlying data block and related data encryption and timestamp technologies

2. Network layer: includes distributed networking mechanism, data propagation mechanism and data verification mechanism

3. Consensus layer: it mainly encapsulates various consensus algorithms of network nodes; The incentive layer integrates economic factors into the blockchain technology system, mainly including the issuance mechanism and distribution mechanism of economic incentives

4. Contract layer: it mainly encapsulates all kinds of scripts, algorithms and smart contracts, which is the basis of the programmable characteristics of blockchain; At present, jinwowo in Southwest China has taken the lead in big data research with blockchain as the underlying technology, and also provides big data services with blockchain as the underlying technology

5. Application layer: encapsulates various application scenarios and cases of blockchain. In this model, chain block structure based on timestamp, consensus mechanism of distributed nodes, economic incentive based on consensus computing power and flexible and programmable smart contract are the most representative innovations of blockchain technology