Is Optimus Prime foreign exchange blockchain reliable
each node on the blockchain can verify the integrity and authenticity of the account book to ensure that all transaction information is not tampered with, true and effective
every node on the blockchain keeps copies of all transaction information. When the number of data and participants on the blockchain is very large, the cost of modifying information will be very high. At least 51% of the computing power of the whole network is needed to modify information, and the modification cost may far exceed the expected revenue
when the information of some nodes is maliciously tampered with, other nodes on the blockchain will find the information that has not formed a "consensus" in a short time and maintain and update it.
first of all, e to its lack of supervision, its circulation and trading forms are mostly similar to the issuance and listing of securities, and there is the behavior of setting up an exchange for trading. Its trading process and trading results are not transparent, and it is difficult to regulate when encountering problems. Moreover, its price formation mechanism is not transparent, and the trading price fluctuates greatly, which is easy to make investors suffer huge losses
secondly, it is not recognized by the central bank and can not be used as currency in China. Once it is subject to policy supervision, it is likely to encounter the risk that no one will take over the offer and the price will plummet, and the property law does not clearly protect the corresponding provisions of digital currency. Therefore, it is very dangerous to speculate on the blockchain, which is equivalent to streaking in the cold winter
finally, although blockchain is not illegal, it can not be ruled out that it is used by a small number of fraudsters and illegal fund raisers as a tool for crime and money laundering
therefore, it is recommended to carefully participate in blockchain investment to avoid irreparable losses.
On June 8, 360 exposed the high-risk vulnerability of EOS, which caused a lot of hot discussion among networks. In the early morning of June 2, Beijing time, EOS officially acknowledged to the 360 security team and offered a reward of US $30000, strongly calling on the security community to work together to ensure the continuous improvement of EOS software security
360 exposed EOS vulnerability, if exploited, can control every node and every server in the EOS network, not only take over the virtual currency, various transactions and applications in the network, but also take over all participating servers in the node. It can be said that if someone makes a malicious smart contract, all the digital currencies in it can be taken away directly
the attack of EOS vulnerability can spread among multiple nodes and super nodes at the speed of seconds. The continuous propagation from the control node to the generation of new blocks is a continuous and chain explosion action. It is likely to take over all nodes and complete the operation in 20 seconds
imagine that when the attacker has obtained the supreme authority in the entire EOS network, it is equivalent to mieba putting together all six cosmic protoliths, and can change rapidly in the universe and do whatever he likes
source: China News
in a few days, the safe also released the blockchain development plan. It seems that the whole world will be transformed by blockchain. Many people have a kind of blockchain application, which will give the currency transaction and foreign exchange transaction a false identity
blockchain has a natural anti censorship international nature in terms of asset transaction and circulation, and can freely and conveniently circulate without the constraint of traditional concurrent management. On the one hand, there is a great risk, so the safe also said that in China, only RMB can be used for pricing, and anything that may threaten this basis should be prohibited. In a short period of time, it may be difficult for blockchain to achieve anything at the level of foreign exchange transactions. The foreign exchange bureau mentioned the application scenarios of blockchain technology in cross-border trade financing and macro Prudential Management. This direction belongs to the pure technology application direction, which is less related to transactions. At present, it is also the direction that the top priority is to develop, using blockchain technology to optimize the real instry
how to optimize it? Because blockchain has the characteristics of traceability, distributed transparency, tamper proof, etc., for example, in cross-border trade, the data of related parties involved in trade are linked and opened to third parties (such as banks) with permission. In the past, enterprises may need more practical asset mortgage to borrow money from banks, Now, by associating reliable trade data on the blockchain, the bank can know the future cash flow of the enterprise, and can use the operation of the enterprise as asset mortgage to give credit. This will greatly optimize the allocation of assets
another example is the patient information in the hospital. The traditional scenario is that the data of each hospital is independent. Every time you go to a new hospital, you will be asked to do a booklet or a set of examinations. If there is a medical chain open to all hospitals and all information is recorded in this account book, you can avoid a lot of plication and simplify efficiency
it is clear that the priority is to develop blockchain technology to optimize and transform traditional instries, with the focus on the combination with the real economy. I am also very optimistic about this, but in terms of asset trading, the expectation of currency trading and foreign exchange trading should not be too high. After the excitement, it will be calm. FX technology, fxmap in Assa community
blockchain projects, blockchain media, or what? Another possibility is digital currency. In any case, you'd better make a clear understanding of the blockchain before you decide. There are also a lot of people who cheat by using blockchain gimmicks. You have to distinguish them
you can learn about blockchain in some places, such as cryptography, finance and so on.