Position: Home page » Blockchain » The impact of the development of blockchain on the nature of mon
The impact of the development of blockchain on the nature of mon
Publish: 2021-04-19 05:43:15
1.
this is the general content of popular science. If you want to know more about it, you can take a look at Nakamoto's paper and the official popular science video below
The price of a bitcoin soared from more than $20000 to $40000. This can not help but arouse my research interest, or simply understand what bitcoin is, what its mechanism looks like, and uncover its mystery. Therefore, after a simple search of some information and some understanding of the special currency, I sorted out the information on hand< (3) purpose: decentralize, rece risk
all servers in the distributed network can store and process data, and each server has equal status, which can store more data and has higher security<
this is the general content of popular science. If you want to know more about it, you can take a look at Nakamoto's paper and the official popular science video below
2. Bitcoin virtual currency was invented by Nakamoto (alias) in 2009
the underlying technology of blockchain bitcoin is actually that it supports the stability of bitcoin in the past eight years. You can understand it as a subversive accounting method or database, and the core is decentralization
ICO, which is essentially blockchain crowdfunding. If an enterprise does ICO, you can understand it as IPO, But the financing is not money, but virtual currency, such as 3000 bitcoins. Of course, you can choose to sell it in any country in exchange for the legal tender of a country
the underlying technology of blockchain bitcoin is actually that it supports the stability of bitcoin in the past eight years. You can understand it as a subversive accounting method or database, and the core is decentralization
ICO, which is essentially blockchain crowdfunding. If an enterprise does ICO, you can understand it as IPO, But the financing is not money, but virtual currency, such as 3000 bitcoins. Of course, you can choose to sell it in any country in exchange for the legal tender of a country
3. This concept was proposed in the white paper [1] of Nakamoto Tsung, who created the first block, namely "Genesis block"< On January 3, 2009, the founder of bitcoin, Mr. Nakamoto, left an unchangeable sentence in the genesis block:
"the times 03 / Jan / 2009 Chancellor on brink of second low for banks (on January 3, 2009, the chancellor of the exchequer was on the verge of implementing the second round of bank emergency assistance)."
at that time, the British Chancellor of the exchequer, darling, was forced to consider a second attempt to relieve the banking crisis, which was the headline of the front page article of the times that day
the time stamp service and existence proof of blockchain, the time generated by the first blockchain and the events that happened at that time are permanently preserved
BTCC, a bitcoin company, launched a service "Millennium chain" in 2015, namely blockchain lettering service, which is based on the above principles. Users can use this service to engrave text on the blockchain and save it permanently
bitcoin, Ruitai coin, Laite coin, dogcoin, Ethereum and other digital currencies will use blockchain technology.
"the times 03 / Jan / 2009 Chancellor on brink of second low for banks (on January 3, 2009, the chancellor of the exchequer was on the verge of implementing the second round of bank emergency assistance)."
at that time, the British Chancellor of the exchequer, darling, was forced to consider a second attempt to relieve the banking crisis, which was the headline of the front page article of the times that day
the time stamp service and existence proof of blockchain, the time generated by the first blockchain and the events that happened at that time are permanently preserved
BTCC, a bitcoin company, launched a service "Millennium chain" in 2015, namely blockchain lettering service, which is based on the above principles. Users can use this service to engrave text on the blockchain and save it permanently
bitcoin, Ruitai coin, Laite coin, dogcoin, Ethereum and other digital currencies will use blockchain technology.
4. The development of blockchain technology is obvious to all, but there are essential differences between blockchain coin and virtual coin. It can be considered that blockchain projects developed with entity pain points have specific landing applications and entity support, and blockchain tokens issued with entity pain points still have certain value support; If there is no specific entity and application to support virtual currency, it is just air currency and has no value, then the risk is relatively large.
5. If it's true, I think it will have a good impact on the development of the blockchain instry. I've been in the coin circle for several months, and I've seen many projects cutting leeks in the name of "blockchain". In fact, the essence is air money. If the blockchain is legislated, the atmosphere of the coin circle will become more formal, and many projects like SEC's social e-commerce chain will work hard, More people will find out.
6.
blockchain technology is not only the underlying technology of bitcoin, but also the core and infrastructure of bitcoin bitcoin has been running without any centralized organization operation and management. Later, bitcoin technology was abstracted, which was called blockchain technology or distributed ledger technology
extended data:
disadvantages of blockchain technology applied to digital currency:
first, there is no circulation management organization for "decentralization" blockchain technology is essentially a distributed database system with one-way linked list logic structure and P2P network design mode, which determines that there is no unified central control system for virtual currency based on blockchain technology
Second, it is difficult to effectively control the quantity supply the circulation of virtual currency based on blockchain technology is fixed, and according to Fisher Equation, the total transaction volume of the whole society under a certain price level in a certain period has a certain proportion with the required nominal currency volume, while the constant currency volume obviously can not meet the requirements of the growing total price of social goods Thirdly, "mining mechanism" is difficult to create recognized value bitcoin itself has no value and no national credit support. Some people think that "by continuously consuming computing power and energy to inject value into virtual currency", but it is obviously not the most efficient choice to consume millions of calculations in order to find a hash value that meets the requirements Fourthly, procers and early holders are easy to get high seigniorage any virtual currency based on blockchain technology is held by a few people at the initial stage of its development. Take bitcoin as an example. At first, bitcoin was only a proct of a few people's game. The first bitcoin purchase in May 2010 was $10000 BTC's purchase of $25 pizza. The first bitcoin transaction completed in July of the same year was $0.04/btc7. At present, there are many such teams, and the blockchain is suitable for all walks of life, but before the early cooperation, we must pay attention to the team strength and effect. The baker chain blockchain that we understand has a good evaluation in the instry, good reputation and good performance in all aspects. The evaluation of the instry is quite high.
8. Blockchain is an important concept of bitcoin, which is essentially a decentralized database
at the same time, as the underlying technology of bitcoin, it is a series of data blocks generated by using cryptographic methods. Each data block contains the information of a batch of bitcoin network transactions, which is used to verify the validity of the information (anti-counterfeiting) and generate the next block. Digital currency is an unregulated and digital currency, which is usually issued and managed by developers and accepted and used by members of a specific virtual community. The European Banking authority defines virtual currency as a digital representation of value, which is not issued by the central bank or authorities, nor linked with legal currency. However, because it is accepted by the public, it can be used as a means of payment, or it can be transferred, stored or traded in electronic form
the content of this article comes from the series of general knowledge of legal life published by China Law Press
at the same time, as the underlying technology of bitcoin, it is a series of data blocks generated by using cryptographic methods. Each data block contains the information of a batch of bitcoin network transactions, which is used to verify the validity of the information (anti-counterfeiting) and generate the next block. Digital currency is an unregulated and digital currency, which is usually issued and managed by developers and accepted and used by members of a specific virtual community. The European Banking authority defines virtual currency as a digital representation of value, which is not issued by the central bank or authorities, nor linked with legal currency. However, because it is accepted by the public, it can be used as a means of payment, or it can be transferred, stored or traded in electronic form
the content of this article comes from the series of general knowledge of legal life published by China Law Press
Hot content