Blockchain technology is the Internet
blockchain refers to the technical solution of collective maintenance of a reliable database through centralization and distrust in the past, and it is a technical way for the whole people to participate in bookkeeping. Previous bookkeeping methods were all centralized and needed centralized intermediary, whether it was traditional government, financial institutions, notarization institutions or emerging e-commerce platform and online payment platform
in economic hypothesis, information is sufficient. In fact, it is precisely because of insufficient information that there are very large intermediaries. The existence of intermediaries increases the transaction cost and raises the transaction threshold. In essence, blockchain technology is a large-scale collaboration tool. It makes direct value transfer possible by using pure technology for the first time, and continues the trend of Internet decentralization and disintermediation. Disintermediated blockchain technology will greatly subvert the information intermediary instry
blockchain technology is the basic technology for building bitcoin data structure and encrypted transmission of transaction information, which realizes the issue and transaction of bitcoin. The core of blockchain technology is that all the current participating nodes jointly maintain the transaction and database, so that the transaction is based on the principle of cryptography rather than trust, so that any agreed parties can directly carry out payment transactions without the participation of a third party
technically, a block is a data structure for recording transactions, reflecting the capital flow of a transaction. In the system, the transaction blocks are connected to form a main chain, and all the nodes participating in the calculation record the main chain or part of the main chain
a block contains the following three parts: transaction information, hash formed by the previous block and random number. Transaction information is the task data carried by the block, including the private keys of both parties, the number of transactions, the digital signature of electronic currency, etc; The hash hash formed by the previous block is used to connect the blocks and realize the sequence of past transactions; Random number is the core of the transaction. All nodes compete to calculate the answer of the random number. The node that gets the answer the fastest generates a new block and broadcasts it to all nodes for updating, so as to complete a transaction.
whether from the perspective of information transmission efficiency and resource consumption, or from the perspective of nervous system evolution, blockchain cannot become the mainstream architecture of the Internet, let alone the subversive and revolutionary of the future Internet.
The most important value of blockchain technology is to solve the credit problem of the Internet, that is, all people witness every transaction together. Therefore, if the blockchain of the Internet is really realized, many credit platforms will disappear directly, and the cost of all virtual transactions will be reced to almost zero. Copyright protection is no longer an issue. Unless the author wants to, you can no longer get free works on the Internet. All music, pictures and articles need to be read for a fee
more and more Internet applications will use blockchain technology to link web pages. Blockchain is not only the carrier of virtual currency, but also the carrier of mainstream Internet information in the future. The application of smart devices such as mobile phones will also adopt blockchain technology to ensure the fairness of transaction and rece the proction cost and transaction cost of proct procers