Blockchain is more powerful than Internet
Because the design of blockchain is a kind of protection measure, such as distributed computing system with high fault tolerance. Blockchain makes hybrid consistency possible. This makes blockchain suitable for recording events, titles, medical records and other activities that need to include data, identity management, transaction process management and provenance management. Blockchain has great potential for financial disintermediation and has great influence on guiding Global trade
extended data :
1. Blockchain is a new application mode of computer technology such as distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm, etc. The so-called consensus mechanism is a mathematical algorithm to establish trust and obtain interests between different nodes in the blockchain system
2. Blockchain is an important concept of bitcoin, which is essentially a disintermediated database and the underlying technology of bitcoin. Blockchain is a series of data blocks generated by cryptography. Each data block contains the information of a bitcoin network transaction, which is used to verify the validity of the information (anti-counterfeiting) and generate the next block
3. Blockchain - the original blockchain is a kind of decentralized database, which contains a list called blocks, with continuously growing and orderly records. Each block contains a time stamp and a link with the previous block. The block chain is designed so that the data can not be tampered with. Once recorded, the data in a block will be irreversible
references : blockchain network
there is a core difference between blockchain and Internet: the value of underlying protocols and upper applications of blockchain and Internet are completely reversed. It mainly comes from the two core features of blockchain:
the first feature is that zero knowledge proof changes the ownership of data. In other words, the user's personal data on the blockchain belongs to the user and does not need to be provided to the application and stored on the central server. Then the core support "data" behind the market value of Internet application layer services, such as bat, will lose its original value in the field of blockchain
another feature is the economic incentive model brought by token, which gives high value to the underlying protocol. In the Internet era, no one pays for HTTP protocol, no one pays for sending and receiving email, and no one pays for Google's search service.
characteristics of blockchain:
the core potential of blockchain lies in the transparency, openness, traceability and non tampering of information
origin of blockchain:
blockchain technology originated from a special currency, and its essence is to create a decentralized monetary system
it's hard to say whether we can change the world in the future, but the future is very clear.
huge rendant account books and maintenance cost
issue of currency
the earliest currency was precious metal gold and silver. Due to the inconvenience of use, symbolic currency was invented to describe gold and silver (how much gold and silver is printed and how many banknotes are printed), and then the financial crisis made people completely symbolize and credit currency, which was also separated from gold and silver, Only credit currency is used to participate in transactions
up to now, credit currency has been electronic (I say this because it is essentially the continuation of paper currency, which can not be called digital currency), and the daily huge transaction data is completed by computer.
some geeks believe that the issuance right of currency is centralized in the center (gov), so if the gov wants to issue additional money, it will issue additional money, To put it more simply, if you want everyone to pay taxes, you have to pay taxes. You don't have to tell me
therefore, the currency backed by government credit may also go bankrupt (referring to the currency of the Republic of China, to put it bluntly, the reliability of social elites and dignitaries can only guarantee the rights of the common people if they actively meet their priorities in peacetime)
in this case, to protect basic economic activities, people have two choices: to go back to the previous trading methods, such as gold and silver or barter, and choose a decentralized monetary system. Bitcoin provides the second choice
blockchain can not only solve the above problems at one time,
it can also replace the existing technical solutions of banking instry with blockchain technology to rece costs
cost rection is not the most important thing. It mainly solves the issue of currency. I don't know if I will look up the water meter if I write too much detail, so I won't write it...