Blockchain data block generation

1.

blockchain is a new application mode of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other computer technologies. Blockchain is an important concept of bitcoin,

in essence, it is 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 a batch of information of bitcoin network transactions, Used to verify the validity of its information (anti-counterfeiting) and generate the next block

extended data

most blockchain public chains are limited by scalability. The biggest feature of blockchain technology is decentralization, which requires that all accounts in the network need to deal with the accounting process. Distributed accounting has high security, low misoperation rate, political neutrality and correctness

however, blockchain technology embraces these features at the same time, sacrificing scalability, unable to meet the personalized supervision, and slightly insufficient in protecting data privacy. Moreover, with the increase of the number of ledger, the interaction delay will increase exponentially, that is to say, the more ledger in the blockchain network, the higher the delay

2.

If you want to understand the application of blockchain, you can refer to many books and opinions, such as illustrated blockchain, blockchain: reshaping the economy and the world, blueprint and guide of new economy, and articles of coin'an community, including a detailed understanding of the platform of coin'an community, with great strength

As the name suggests, blockchain is composed of block and chain. It is a new application mode of computer technology such as distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and so on. It is a kind of chain data structure that combines data blocks in order according to the time sequence, and it is a secure and reliable distributed account book that can not be tampered with and forged by means of cryptography

in 2008, in his paper bitcoin: a peer-to-peer e-cash system published by Nakamoto, he first proposed the idea of blockchain and encrypted digital currency. Starting from bitcoin, blockchain has become the underlying technology of various digital currencies

Second, the working principle of blockchain:

1. The basic concepts include: (1) transaction: one operation will change the account status once, such as adding a record 2) Block: records the transaction and status data within a specified time, which is a consensus and preservation of the current account status 3) Chain: it is composed of a series of blocks in chronological order, which is the log record of the whole state change. If you understand the working concept of blockchain, it is not difficult to understand its working principle. Suppose there is a distributed data logbook, which can only be added, not deleted or changed. Its structure is a linear chain formed by a series of "blocks" (which is also the source of the name of "blockchain"), and new data must be put into a new block to be added, The maintenance node can propose a new block, but it must go through a certain consensus mechanism to reach an agreement on the final selected block

2. Take bitcoin as an example to see the working principle of blockchain

the block of bitcoin is divided into block head and block body

Core advantages and characteristics of blockchain

1. The verification, accounting, storage, maintenance and transmission of decentralized blockchain data are all based on distributed system structure. There is no centralized hardware or management organization, and the rights and obligations of any node are equal, The data blocks in the system are jointly maintained by the nodes with maintenance function in the whole system. 2. The open and transparent 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. Anyone can query the blockchain data and develop related applications through the open interface, so the information of the whole system is highly transparent. 3. Security blockchain uses 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. 4. Information cannot be tampered with. Once the information is verified and added to the blockchain, it will be stored permanently. Unless more than 51% (almost impossible) nodes in the system can be controlled at the same time, the modification of the database on a single node is invalid. Therefore, the data stability and reliability of the blockchain are extremely high. 5. Anonymity because the exchange between nodes follows a fixed algorithm, and its data interaction does not need trust (the program rules in the blockchain will judge whether the activity is effective or not). Therefore, the counterparties do not need to let the counterparties generate their own trust by disclosing their identities, which is very helpful for credit accumulation

At present, the most popular classification of blockchain is to divide blockchain into public blockchain, private blockchain and consortium blockchain according to different participants

1. Public chain: anyone can participate in the use and maintenance, and can obtain the effective confirmation of the blockchain. Public chain is the earliest blockchain and the most widely used blockchain at present, such as bitcoin blockchain. The information is completely public

if the licensing mechanism is introced, it includes private chain and alliance chain. 2. Private chain: a company or indivial only uses the blockchain technology, enjoys the exclusive write permission of the blockchain, and does not disclose the information. At present, conservative giants (traditional finance) want to experiment with private blockchain, and the application procts of private blockchain are still groping. 3. Alliance chain: it is a blockchain between the public chain and the existing chain, which is jointly controlled by multiple organizations. The use of the chain is managed with authority, which can be controlled by the manager, and also open to others according to the manager's wishes. In addition, according to the different use scenarios and purposes of blockchain, it can be divided into currency chain for the purpose of digital currency, property chain for the purpose of recording property rights, and crowdfunding chain for the purpose of crowdfunding

On May 28, Ma Huateng, CEO of Tencent, proposed the anti-counterfeiting method based on cloud integrated blockchain technology, which is far more efficient than traditional anti-counterfeiting methods. The future anti-counterfeiting verification scenario may only require users to use their mobile phones for simple scanning, and a large number of complete information based on different dimensions can be obtained

take Maotai liquor as an example:

distillery address, proction workshop, operation staff, inspector, delivery time, transportation vehicle information and driver information,

liquor year, raw material source, raw material supplier, storage warehouse number, raw material transportation vehicle and driver information,

all information can be accurately traced, permanently recorded and tampered with

the above information can be easily verified

2. Food safety issues as early as last November, Wal Mart has cooperated with IBM to track the source of food by using blockchain technology, so as to ensure the safety of food and increase the circulation of food to rece costs. For Wal Mart and other large supermarkets, it took a few days to investigate the source of problem food, After using this technology, only one item of proct information is needed to achieve accurate traceability, and important information such as food origin, inspector, supplier, logistics and transportation can quickly find problems in a few minutes. Currently, procts tracked by blockchain include packaging procts from the United States and pork from China

3. Information security

blockchain technology is promoting an information security technology revolution. (1) identity protection PKI is a common public key encryption technology in e-mail, message application, website and other communication applications. However, since the implementation of most PKI, the centralized trusted third party certification authority (CA) is used to issue, activate and store user certificates. Hackers can attack PKI to fake user identity or crack encrypted information

certcoin is the first PKI implementation of blockchain, which comes from MIT, removes the centralized authentication center, and uses blockchain as a distributed ledger for domain name and public key

pomcor company: blockchain PKI implementation path: keep the authentication center, and use blockchain to store the hash value of issued and activated certificates. Users can verify the authenticity of certificates through decentralized and transparent sources, and can also improve the network access performance through local authentication of secret key and signature based on blockchain

(2) data integrity protection

guardtime developed a secret key free signature architecture (Ksi) based on blockchain technology to replace the secret key based data authentication technology. Ksi stores the hash table of the original data and files on the blockchain, runs the hash algorithm to verify other copies, and compares the results with the data stored in the blockchain. Any data tampering will be found quickly because the original hash table is stored in millions of nodes

(3) key infrastructure protection

the "Achilles heel" of the Internet, DDoS has entered the TB era, DDoS is still the simplest weapon for hackers to bring down the big target with low cost, DNS service is the primary target for hackers to carry out large-scale destruction, but blockchain technology is expected to fundamentally solve the problem

The distributed storage of

blockchain makes hacker attacks lose focus. Nebulis is developing a distributed DNS system, which uses Ethereum blockchain and interstellar Internet file system (IPFs, the distributed substitute of HTTP) to register and resolve domain names. The biggest weakness of DNS is caching, which makes DDoS attacks possible. It is also the bane of the centralized government's censorship of social networks and manipulation of DNS registration. A highly transparent and distributed DNS system can effectively prevent any entity, including the government, from arbitrarily manipulating records

(1) digital currency: improve the convenience of currency issuance and use, such as bitcoin and Ethernet in foreign countries, and guorenbao in China

from the use of physical transactions, to physical currency and credit currency, and then to the rise of bitcoin network, more and more people are aware of the distributed ledger blockchain technology behind it, and graally apply it in many scenarios other than digital currency

(2) cross border payment and settlement: realize point-to-point transaction, rece intermediate fees

transfer and payment. At present, the most mature application of blockchain technology is payment and transfer. Blockchain technology can avoid complicated systems, save the process of inter-bank reconciliation and review, and accelerate the settlement speed; Virtual currency can rece transaction costs without the intervention of clearing house. Different countries have different clearing proceres. It takes two or three days for a single remittance to arrive, which is inefficient and accounts for a large proportion of funds in transit. No longer through the third party, through the blockchain technology to form point-to-point payment. By eliminating the link of the third-party institutions, we can make full day payment, real-time payment, withdraw cash quickly and rece the hidden cost, which helps to avoid the capital risk. It is timely and convenient

(3) bills and supply chain financial business: rece human intervention, rece costs and operational risks

value transfer between point-to-point, control and verify physical bills or central system; Intermediaries will be eliminated and human intervention reced. With the improvement of efficiency, financing channels are more unblocked, risks are lower, and multiple parties benefit

(4) securities issuance and Trading: realize quasi real-time asset transfer, accelerate the speed of transaction clearing

the application of blockchain technology can make the process of securities trading more concise, transparent and fast, rece the plication of IT system, and improve the efficiency of market operation. For stocks, blockchain can eliminate paper and pen or electronic form records, rece human errors in trading, and improve the transparency and traceability of trading platform. Citigroup and Nasdaq cooperate to promote blockchain applications

(5) customer credit investigation and anti fraud: rece the cost of legal compliance, prevent financial crimes

the customer information and transaction records recorded in the blockchain help banks identify abnormal transactions and effectively prevent fraud. The technical characteristics of blockchain can change the existing credit reference system, and store the data of customers with bad records in the blockchain when the bank concts "know your customer" (KYC)

equity crowdfunding:

3.

"Blockchain is equivalent to this account book, and the block is equivalent to a page of this account book. The information carried in the block is the transaction content recorded on this page. The blockchain is block by block, and each block is filled with transaction records and connected together to form a chain, which is called blockchain. "

take bitcoin as an example, there is a "power race" every ten minutes to compete for the right to charge. It's like saying that you have a lot of calculation power, just like your muscles are stronger and more capable of fighting. Everyone will convince you to keep this account, that is, the right to write a block (note that it is not the content in the block) to the general ledger of the blockchain. However, it should be noted that computing power can only determine the probability of winning the competition. For example, there are several lotteries in total, and those with more computing power can buy more to improve the winning probability. However, those who buy more may not win the lottery in the end.

blockchain is a data block chain guaranteed by such computing power. Starting from the first block, each block collects data according to certain rules, and then attaches a value to these data, so that the result of the formed data block after similar one-way function calculation falls into a certain range. By estimating the computing power of the whole network and the size of the control result range, the data blocks that meet the requirements can be found in a long enough time. This calculation result will be included by the next block, and the chain data structure formed in this way is called blockchain

each small ledger is called a block, and each different blockchain protocol (generating different cryptocurrency) will specify the size of each block (the initial bitcoin is 1m). The ledger constitutes a block, the block constitutes a chain list, and the block header contains the hash value of the previous block, which is the blockchain. In this way, no one can modify the content or exchange the order at will. If you do, it means you need to recalculate all the special numbers

regulations allow everyone in the world to build blocks. Every person who builds a new block (finds this special number - sha256 value has 30 zeros) can get a reward. For this part of people (miners) who build a new block:

1. There is no sender information, There is no need to sign

2. Each new block will add a new virtual (encrypted) currency to the whole currency

3. The process of building a new block is also called "mining": it requires a lot of work and can inject new currency into the whole economy

4. The work of mining is: receiving transaction information, building blocks, broadcasting blocks, Then get new money as a reward

for each miner, each block is like a small lottery, and everyone is trying to guess the number quickly until a lucky person finds a special number, so that there are many zeros at the beginning of the hash value of the whole block, and they can get a reward. I remember a Zhihu respondent gave an image analogy. Blockchain is like a king with a beautiful daughter (block). Many young people are looking forward to it. The king's method is to give a very difficult topic for all young people to calculate (learning to change their lives), Who can calculate quickly (or be lucky in the process of calculating the hash value) will be able to win the beauty

for users who want to use this system to collect and pay, they don't need to listen to all the transactions, but just listen to the blocks broadcast by the miners, and then update them to their saved blockchain

"block" can also be imagined as a box, There are some digital currencies and a small note in the block, on which the only transaction information generated in the past ten minutes is recorded, such as "small a transferred to small B100 yuan"; Of course, this piece of information must have been encrypted to ensure that only small a and small B (through the key in their hands) have the ability to interpret the real content

after this magical block was created, it was soon buried underground. Where is it buried? No one does not know that all computer nodes need to participate in digging three feet before it is possible to find (find an effective workload proof). Obviously, this is an event with huge workload and random results. However, for the computer node, once the block is g out from the ground, it will get the valuable digital currency in the block, as well as the tip paid by small a in the process of "small a transferred to small B100 yuan". At the same time, for this node, only he has the right to truly record the contents of the note, which is an honor, while other nodes can only use its , a without digital currency blessing. Of course, there are some other special things about this magical block.

the process of computer nodes digging out blocks from underground is called "mining". As I said just now, this is a huge workload, a lot of luck and a lot of profits. A node on zhangheng road in Pudong New Area of Shanghai, China, suddenly jumped out and said excitedly, "I've g the block! The little notes inside are all valid! The reward belongs to me! ". Although Zhang Heng Road node has got digital currency at the moment, for other computer nodes, because it also involves some other interests, they will not choose to believe what Zhang Heng Road node says by default; Based on the principle that strangers do not trust each other, they take the so-called block () g by Zhang Heng Road node, and start to check whether the small note information in the block is true and effective, etc. In the world of blockchain, nodes check the accuracy of the small note information, or indirectly or directly judge whether the node that successfully digs out the block is lying How to define the true and effective information of a small note will be explained later, but I won't go into details here. In the verification process, each node will directly express their identification (accurate) and attitude towards zhangheng road node through the following two behaviors: stop half or even 80% of the mining process; Add the block () g out by zhangheng road node to the end of its own blockchain. You can be a little confused: if you stop mining, you may have done 80% of the mining work. Then 80% of the previous work is in vain?! Then, what the hell is at the end of the blockchain? For the first puzzle. I want to say that what you said is right, but there is no way. The reality is so cruel. Even if 80% of the work is done, you have to give up. The 80% of the work can be regarded as useless, absolutely damaging the wealth and the masses. The second puzzle is, what is the ghost at the end of blockchain and blockchain? Here, it is not clear in advance, but you can simply imagine: blocks are generated and g out periodically, and a computer node may have executed "take blocks from others" n times in advance; The process of "checking the validity of small notes" must have stored n blocks on its own node, and these blocks will be arranged in a chain in order of time. Yes, this chain is what you always think of as the blockchain. If you still can't understand, it doesn't matter. There will be many opportunities for in-depth study later in the article

go into the more microcosmic world of the block and have a look at what the little note really is, how it came into being and its mission all its life: when initiating a transaction, the initiator will receive a little note, and he needs to write the transaction record, such as "stealing transfer to a piece of RMB 340" on the paper. It's amazing that when it's finished, on the back of the note, the transaction record will be automatically formatted to at least contain the two important fields of "input value" and "output value"“ Input value is used to record the effective source of digital currency, and output value is used to record the object to which digital currency is sent. The newly created note is immediately marked as an "unconfirmed" note. Small pieces of paper that are successfully g out of the ground and eventually connected to the blockchain are initially marked as "valid.". If the valid slip is used as the input value of other transactions, the valid slip will soon be marked as invalid. Due to various reasons, the block is disconnected and discarded from the chain, and the small notes once marked as "valid" in the block will be re marked as "unconfirmed". There is no concept of account balance in the blockchain. The digital asset you really own is actually a piece of transaction information; Get the balance in your digital wallet by simple addition and subtraction. The above 1, 2 and 3 are just the knowledge points forced to you at the beginning. Some of the descriptions may be a bit confusing, which makes you feel confused. Only by understanding the whole blockchain can you have a more comprehensive understanding of the mystery

block capacity. Bitcoin specifies that the block capacity is 1m when it is created, or in the source code. The reason why it was originally designed as 1m is, on the one hand, to prevent DoS attacks. On the other hand, when Zhongben Cong created the blockchain, the capacity was 32m. However, he changed the block capacity to 1m through a humble commit like "clear up". In order to prevent the volume of the blockchain from growing too fast, he added some mystery to the problem of block capacity. The capacity of 1m means that the maximum number of transactions processed by bitcoin is about 2400 (the size of 486882 block 1034.39 is very close)

to put it bluntly, blockchain is a small book for distributed bookkeeping, a tool for bookkeeping, and based on cryptography and cryptography technology, once data transactions are recorded in the book of blockchain, data can not be tampered with and denied. The Internet is the transmission of value, and the blockchain is the transmission of trust. Under the premise of blockchain technology as a credit endorsement, each node in the blockchain changes from a single center to a unified multi center with multi-party participation, which can achieve transaction transmission without the participation of a third party organization and improve the efficiency

4. Encryption code. Every few minutes, a new block is generated, which stores different information and consists of different passwords (double keys).

5. Hello, of course.
blockchain is a new application mode of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other computer technologies. Blockchain is an important concept of bitcoin. It 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 a batch of information about bitcoin network transactions, Used to verify the validity of its information (anti-counterfeiting) and generate the next block. In fact, the original English version of bitcoin white paper [1] does not use the word blockchain, but uses the word chain of blocks. In the earliest Chinese translation of bitcoin white paper [2], chain of blocks was translated into blockchain. This is the earliest time when the Chinese word "blockchain" appeared.

6. It seemed ill bred, completely devoid of the superiority that Mr. Heathcliff and his wife could see. he

7. Blockchain is a new
application mode of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other computer technologies. The so-called consensus mechanism is a mathematical algorithm to establish trust and obtain interests between different nodes in the blockchain system. Heshu software is an innovative technology enterprise focusing on the research and development and application of blockchain technology, and a professional blockchain technology service provider. The team has been developing blockchain technology since 2016, and has made in-depth research on blockchain encryption algorithm, consensus mechanism, network security, distributed, point-to-point and other blockchain technology fields.