SMI blockchain machine operating instructions

1. At present, there are not many videos on the market for systematic learning of blockchain, and self-learning of blockchain is still relatively rare. You can apply for classes. Black horse programmers will open a new blockchain discipline. Teachers will teach in an easy-to-understand way and explain in simple terms. You can certainly learn it.

2.

In the traditional supply chain finance, financing difficulty, high financing cost and cumbersome financing process have always been one of the bottlenecks restricting small and medium-sized enterprises to become bigger and stronger. Banks rely on the ability of core enterprises to control goods and regulate sales. For the sake of risk control, banks are only willing to provide factoring services to upstream suppliers (limited to first tier suppliers) with direct accounts payable obligations of core enterprises, or provide prepayment or inventory financing to their downstream distributors (first tier suppliers). As a result, the demand of secondary and tertiary suppliers / distributors with huge financing demand can not be met, the business volume of supply chain finance is limited, and the small and medium-sized enterprises can not get timely financing, which will easily lead to proct quality problems and damage the whole supply chain system

to solve these problems, we can make use of the characteristics of decentralized, tamper proof and distributed ledger of blockchain technology to build a blockchain supply chain financial platform

The core enterprise issues a / R certificate to the distributor. After the distributor signs the receipt, it indicates that it has signed the purchase and sales contract and the core enterprise delivers the goods

Because of the shortage of funds, distributors need to borrow money from finance

3. After the financial institutions have approved, the amount of loans will be sent to the core enterprises

The distributor will repay the loan and interest after selling the goods

3.

The way in which people keep accounts together is also known as "distributed" or "decentralized", because everyone keeps accounts, and the accuracy of the account book is determined by the program algorithm, not by an authoritative organization

this is the blockchain, the core is finished, blockchain is so simple, a common account book

six core algorithms of blockchain Technology:

blockchain core algorithm 1: Byzantine agreement

the story of Byzantine is like this: the Byzantine Empire has great wealth, and the surrounding 10 neighbors have been around for a long time, but the Byzantine walls stand tall and firm, No single neighbor has been able to successfully invade. Any single neighbor's invasion will fail, and at the same time, it may be invaded by other nine neighbors. Byzantine Empire's defense ability is so strong that at least more than half of its ten neighbors attack at the same time before it can be broken. However, if one or several of the neighbors agree to attack together, but betray in the actual process, then the invaders may be annihilated. So each side was careful and could not easily trust its neighbors. This is the question of Byzantine Generals

blockchain core algorithm 2: asymmetric encryption technology

in the above Byzantine agreement, if several of the 10 generals send messages at the same time, it is bound to cause confusion in the system, resulting in different attack time schemes and inconsistent actions. Anyone can send the message of attack, but who will send it? In fact, it only needs to add a cost, that is, only one node can spread information in a period of time. When a node sends a unified attack message, each node must sign and seal to confirm its identity when receiving the message from the initiator

blockchain core algorithm 3: fault tolerance problem

we assume that in this network, messages may be lost, damaged, delayed and sent repeatedly, and the order of receiving is inconsistent with the order of sending. In addition, the behavior of nodes can be arbitrary: they can join or exit the network at any time, they can discard messages, forge messages, stop working and so on, and they may also have all kinds of human or non-human failures. Our algorithm provides fault tolerance for consensus system composed of consensus nodes, which includes both security and availability, and is suitable for any network environment

blockchain core algorithm 4: Paxos algorithm (consistency algorithm)

the problem solved by Paxos algorithm is how a distributed system can reach an agreement on a certain value (decision). A typical scenario is that in a distributed database system, if the initial state of each node is consistent, and each node performs the same operation sequence, then they can finally get a consistent state. In order to ensure that each node executes the same command sequence, it is necessary to execute a "consistency algorithm" on each instruction to ensure that the instructions seen by each node are consistent. A general consistency algorithm can be applied in many scenarios, which is an important problem in distributed computing. There are two models of node communication: shared memory and message passing. Paxos algorithm is a consistency algorithm based on message passing model

blockchain core algorithm 5: consensus mechanism

blockchain consensus algorithm is mainly workload proof and equity proof. Take bitcoin as an example. In fact, from a technical point of view, POW can be regarded as a reusable hashcash, and the generation workload proves to be a random process in probability. When mining a new secret currency and generating a block, the consent of all participants must be obtained, and the miner must obtain the pow work proof of all data in the block. At the same time, miners have to constantly observe and adjust the difficulty of this work, because the requirement for the network is to generate a block every 10 minutes on average

blockchain core algorithm 6: distributed storage is a kind of data storage technology, which uses the disk space of each machine through the network, and forms a virtual storage device with these scattered storage resources, and the data is stored in every corner of the network. Therefore, distributed storage technology does not store complete data in each computer, but stores the data in different computers after cutting. It's like storing 100 eggs, not in the same basket, but separately in different places. The total number is 100. Want to learn more, you can make more use of network search, network search results - small knowledge

4. Let me tell you this. Those who say no pumping are hooligans! There's no pie in the sky. Development of a mining software needs a lot of time, energy, financial and material resources, and then said free to you, and do not have any benefits, do you believe it? A lot of software with the slogan of free pumping, in fact, pumping than no one is low! For example, Changsha miners! Some tests do not require pumping, but the power of stealing calculation is higher than that of pumping! So, it is said that the mining software without pumping, give up decisively!

5. It depends on the type. It's the cheapest on campus trusteeship, about 350-400 yuan, about 500-600 yuan for ordinary small tables, and about 600-700 yuan for regular Bell's parents. What you get for what you pay for is mainly about your own affordability
please adopt

6.

About dragonex dragon token

1, basic introction

Dragon token (DT) is a token issued by dragonex based on Ethereum erc20 standard, and each dragon token stored on the platform has the right of project dividend

every day, the transaction commission income of dragonex project will be distributed to all dragon coin holders according to the holding proportion of dragon coin

2. Mining method

longcoin can not be obtained through ICO or pre excavation

all dragon coins can only be generated in the form of "mining", and the only way of mining is to trade on the platform“ Miners (i.e. platform users) contribute to the platform through trading behavior, and the platform issues dragon coins to miners as rewards

the total number of dragon coins issued was 37339500, and promised never to be issued

3. Release rules of dragon coin

Dragon coin is a token based on Ethereum smart contract. Since the launch of Genesis, the smart contract will be released for a total of 3650 times, with an interval of 24 hours and a cycle of 365 times

in the first cycle, 51200 dragon coins will be released each time; The yield of each cycle will be 50% lower than that of the previous cycle

4. Longcoin distribution mechanism

the platform will make statistics on the mining situation of "miners" every day, and the statistical cycle is 0:00:00-23:59:59 on that day; Each time the smart contract releases the Dragon coin, the platform will allocate the new dragon coin to the corresponding "miner" account on the next day according to the statistical data

"miners" dig out dragon coins through trading behavior, but the excavated dragon coins are not 100% owned by miners, among which:

① "miners" get 30% dragon coin reward and

② market brokers get 20% dragon coin reward Market broker: if miner a uses the invitation link of user B when registering, then B is the market broker of user a)

③ dragonex project party gets 10% block dragon coin Award (frozen for one year: for project marketing)

(4) dragonex project party gets 40% block longcoin Award (permanently frozen: used for platform technology research and development, talent introction, project operation, buy back longcoin and destroy)

note: Singapore standard time (UTC / GMT + 08:00)

5. Longcoin dividend mechanism:

① 100% of the daily platform revenue will be distributed to longcoin holders according to the proportion of longcoin holdings

② the platform will take a snapshot of the balance of dragon coin holders at 23:59:59 every day. Since the Dragon coin g up on the same day will arrive the next day, the user can share the Dragon coin on the same day = snapshot data + dragon coin g up on the same day. Dividends will be paid the next day, in the form of usdt to each holder's account

③ dividend formula:

project party's income to be paid dividends = transaction fees + other income of the project

dividend income of currency holding users =

income to be paid dividends * [number of indivial dragon coins held / (number of issued dragon coins - number of destroyed dragon coins)]

6. Online time of dragon coins

Dragon coins began to "mine" and calculate dividends from November 2, 2017

e to the fact that Longyuan is still in the development stage, it can not be released to miners and market brokers. However, the project side will record the data of everyone, and after the development of longcoin is completed, the longcoin and dividends e to everyone will be distributed to the account

longcoin is expected to be developed before November 25, 2017, and will be traded online on dragonex platform. The specific online transaction time will be subject to the official announcement later

7. Bitgame, there are many blockchain games on this platform. You can earn money in the process of the game.