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Blockchain credit control
Publish: 2021-04-21 18:17:38
1. 1. What is the technology of blockchain?
2. First, the characteristics of decentralization
as the name suggests, a blockchain does not need a centralized server, and all information is stored on each node in the chain in a distributed form. Even if a node is damaged or tampered, the operation of the whole blockchain will not be affected, and the data will not be disordered
Second, consensus mechanism
consensus mechanism plays an important role in the trustworthiness of data on blockchain. Due to the decentralized architecture, any two nodes in the chain do not need to trust each other's identity to establish a connection, and there is no need to trust each other for data exchange. Since all nodes in the network can act as "supervisors", there is no need to worry about fraud. When a transaction is completed, all nodes on the blockchain will synchronize this information, so the consensus mechanism is based on the distributed architecture to ensure the data can not be tampered with
Third, smart contract
before we talk about blockchain + smart contract, let's first clarify the meaning of smart contract: a set of commitments defined in digital form, on which contract participants can implement these commitments. Generally speaking, it is a smart contract. In a computer system, when certain conditions are met, the contract can be executed automatically.
as the name suggests, a blockchain does not need a centralized server, and all information is stored on each node in the chain in a distributed form. Even if a node is damaged or tampered, the operation of the whole blockchain will not be affected, and the data will not be disordered
Second, consensus mechanism
consensus mechanism plays an important role in the trustworthiness of data on blockchain. Due to the decentralized architecture, any two nodes in the chain do not need to trust each other's identity to establish a connection, and there is no need to trust each other for data exchange. Since all nodes in the network can act as "supervisors", there is no need to worry about fraud. When a transaction is completed, all nodes on the blockchain will synchronize this information, so the consensus mechanism is based on the distributed architecture to ensure the data can not be tampered with
Third, smart contract
before we talk about blockchain + smart contract, let's first clarify the meaning of smart contract: a set of commitments defined in digital form, on which contract participants can implement these commitments. Generally speaking, it is a smart contract. In a computer system, when certain conditions are met, the contract can be executed automatically.
3. Decentralized
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
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
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