Articles of 2017 blockchain articles

1.

The following are the reasons why 2017 will be the most critical year for blockchain:

the lasting value of bitcoin

bitcoin, the initial tool of blockchain, ended 2016 with a high profile, which is a good omen

just after the new year, fortune reported that

"after the prosperity of 2016, the price of bitcoin has reached $1000, which has increased by 120% since the beginning of this year, and recently reached the highest point in three years. The reasons, including the devaluation of RMB, the risk of China's currency control and geopolitical instability, have been considered as the key factors for the success of cryptocurrency. Another reason for bitcoin's landmark year is its staying power - the longer it stays, the more familiar it will be, and more like a real store of value. "

whether it is fair or not, the feasibility of blockchain technology is always closely related to the performance of bitcoin. If the decentralized database can succeed in the financial field, it can also be widely used in other places. According to convention, the healthy development of digital currency has triggered a discussion on how to integrate blockchain into new areas. With healthy bitcoin, blockchain can expand rapidly in other fields

existing participants

of course, this has existed for some time, because the blockchain has been firmly bound to bitcoin. Over the years, many groups have invested a lot of money to apply the technology to a wider range of areas, while adding new features and creating new applications. If 2017 is a great year for blockchain, these existing players must be ready to grow with it

this trend is marked by the addition of 8 new members to the hyperledger project before the end of 2016. Software company CA technologies, blockchain project factcom foundation, healthcare alliance hashed health, Korean koscom, accounting company ledgerdomain, trade ecosystem developer lykee, sovrin foundation and telecom company Swisscom all joined in the project

The

hyperledger project has entered 2017 with an eye-catching membership list, and plans to introce blockchain feasibility case studies in actual use cases

new investment

the sign that the technology will make progress this year is that companies all over the world have laid the foundation for using blockchain status. Companies around the world applied for or accepted 356 patent applications related to blockchain or digital currency in November last year, almost double the number in the first month of 2016, according to the report of blog technology

Marc Kaufman, financial technology intellectual property expert at Reed Smith, told blog:

"we have witnessed an exponential growth in the number of patent applications, and we expect to see thousands of blockchain patents in the next five years."

the company is submitting patents in such a rapid way because the blockchain has finally achieved its goal from Utopia to digital ledger tool. With the increase of the number of patents, the new discovery of the index blockchain will enjoy wider legitimacy in 2017

it is only time to know the development trend of blockchain in 2017, and vice versa. However, it is obvious that the status of blockchain technology can be seen by all, which also proves the expectation of early investors for its potential and may develop new potential in the future

blockchain has also become a hot topic in the financial sector in China, and all major domestic financial institutions have tested blockchain projects. China Post and IBM have jointly developed a set of blockchain asset custody system; Puyin group launched the tea based digital currency Puyin

2. With the development of the whole blockchain instry, it is impossible to go back to the past. Bitcoin is far less likely to collapse than it is to reach $100000. Recently, a listed company has undergone earth shaking changes e to the application of a blockchain. Such a magic story will also stimulate more and more giant companies to pay attention to the blockchain, thus promoting the development of the whole instry. The Chicago Mercantile Exchange will launch the bitcoin futures contract in December, which may be another major turning point. It may mark a fundamental change in the game rules and market structure of the whole instry. Although we have missed the legend of bitcoin, from the perspective of the whole blockchain instry, it may be just the beginning to bring blockchain assets into our view of asset allocation.

3. Legally, China only has restrictions on the issuance and speculation of currency in the blockchain, because a large amount of black money in China, such as those of corrupt officials, will be illegally obtained overseas by means of digital currency. If the blockchain digital currency is opened up and traded casually, it is estimated that China can not control the outflow of black money. Now the law encourages blockchain. In addition to legal currency, China encourages and supports other blockchain technologies.

4. Blockchain and blockchain technology have been widely accepted and used by people, but they have little knowledge about blockchain and blockchain technology, and they are even at a loss about the working principle and operation mode of blockchain. Perhaps I've read many related reports, many professional terms, and I'm not very clear about them. Here, I'll explain them in a popular way
blockchain is a new application mode of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other computer technologies
this is usually the summary of the professional reports, but what is the specific form
first of all, no matter how large a system or how small a website is, there is a database behind it. So who will maintain this database? In general, who is responsible for the operation of the network or system, then who is responsible for the maintenance
if it is wechat database, it must be maintained by Tencent team, and Taobao database is maintained by Alibaba team. We must think that this way is natural, but blockchain technology is not
secondly, blockchain technology is also known as distributed ledger technology. If we think of the database as a Book: for example, Alipay is a typical account book, any change of data is bookkeeping. We can think of database maintenance as a very simple way of accounting
in the world of blockchain, everyone in the blockchain system has the opportunity to participate in bookkeeping. The system will select the person with the fastest and best bookkeeping in 10 seconds or 10 minutes, and the person will record the changes of database and account book in a block
we can think of this block as a piece of paper. After confirming that the records are correct, the system will link the fingerprint of the data in the past account book to this piece of paper, and then send this piece of paper to all other people in the whole system. Then, over and over again, the system will look for the next person with fast and good bookkeeping, and everyone else in the system will get a of the whole ledger

as like as two peas, each computer has the same rights as the owner, and the whole system will not collapse e to the loss of contact or downtime by a single person.
as like as two peas in the book, it means that all data is transparent and open. Everyone can see what changes are in every account. Its very interesting feature is that the data can't be tampered with. Because the system will automatically compare, it will think that the same number of books with the largest number are real books, and a small number of books with different numbers are false books
in this case, it is meaningless for anyone to tamper with his own account book, because unless you can tamper with most nodes in the whole system. If there are only a few nodes in the whole system, it may be easy to do so. But if there are tens of thousands and hundreds of thousands of nodes and they are distributed in any corner of the Internet, unless someone can control most computers in the world, it is unlikely to tamper with such a large blockchain
I don't know if I can understand such a popular explanation
bitwindow, a professional website platform providing bitcoin news and information services

5. A timestamp, usually a sequence of characters, uniquely identifies the time of a moment. Digital time stamp technology is a variant of digital signature technology. In the blockchain, timestamp means that whatever happens at a certain time will be recorded on the blockchain.

6. Babbitt krypton

7. Jane book, this can be their own free contribution, and then is the science and technology website.. 36 krypton.

8. It's fire chain finance. News updates are fast and the quality of articles is high.

9. Generally speaking, the best blockchain media now is golden finance, and the second tier is u-news, Babbitt, bitex and so on.