Regulations on the management of blockchain information services

1.

blockchain is a term in the field of information technology. In essence, it is a shared database. The data or information stored in it is characterized by "unforgeability", "trace in the whole process", "traceability", "openness and transparency" and "collective maintenance". Based on these characteristics, blockchain technology has laid a solid "trust" foundation, created a reliable "cooperation" mechanism, and has broad application prospects

on January 10, 2019, the state Internet Information Office issued the regulations on the management of blockchain information services. In October 24, 2019, ring the eighteenth collective learning of the Central Political Bureau, general secretary Xi Jinping stressed that "block chain as an important breakthrough in core technology and independent innovation", "accelerating the development of block chain technology and instrial innovation". "Blockchain" has entered the public field of vision and become the focus of social attention

on December 2, 2019, the word was selected into the top ten catchwords of "biting words" in 2019

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Application of blockchain Finance:

since 2016, the major financial giants have also carried out blockchain innovation projects to explore the possibility of applying blockchain Technology in various financial scenarios. In particular, Puyin group took the lead in creating a "blockchain +" standard digital currency

standard digital currency refers to the process of assets identification, evaluation, right confirmation and insurance completed by a third party organization, which is written into the blockchain through careful digital algorithm to form the standard corresponding relationship between assets and digital currency, which is called standard digital currency

in order to realize the great leap forward development of blockchain finance, promote the new development of China's economy, accelerate the circulation of global assets, and realize the dream of rejuvenation that has been struggling for generations, Puyin group will hold the Guiyang strategic development ceremony of Puyin blockchain finance in Guizhou on December 9, 2016

the meeting will discuss the realization of digital circulation of assets by blockchain, the financial transaction mode of blockchain, and the application of blockchain services and social public instry. This conference will mark the beginning of the application of blockchain finance and the change and development of the new financial ecology

2. You can understand blockchain as technology. Cryptocurrency is based on blockchain technology. The technology itself is reliable and can also be applied in other instries. But after the fire of cryptocurrency, a lot of people came in. If you want to invest in it, you have to recognize which projects are real and which are fraulent. Novices suggest to know more about the blockchain instry. Besides, there are risks in investment. Whether you lose money depends on you. Cryptography focuses on blockchain information

3.

Blockchain is a term in the field of information technology. In essence, it is a shared database. The data or information stored in it is characterized by "unforgeability", "trace in the whole process", "traceability", "openness and transparency" and "collective maintenance". Based on these characteristics, blockchain technology has laid a solid "trust" foundation, created a reliable "cooperation" mechanism, and has broad application prospects

on January 10, 2019, the state Internet Information Office issued the regulations on the management of blockchain information services“ "Blockchain" has entered the public field of vision and become the focus of social attention

on December 2, 2019, the word was selected into the top ten catchwords of "biting words" in 2019

4.

Blockchain itself is not illegal, but if it is used illegally, it is illegal

Li Bin, deputy director of Chongqing big data application and development administration, said that as a disruptive innovative frontier technology in the field of big data intelligence, the Chongqing municipal government attaches great importance to active layout, and the municipal government and Yuzhong District Government jointly build a blockchain base. In the second half of last year, the government issued the opinions on accelerating the cultivation and innovative application of blockchain instry, It has officially launched the construction of a place for strategic innovation of blockchain

while actively encouraging the technological progress and instrial development of blockchain, we will resolutely prohibit the illegal use of blockchain technology in accordance with the requirements of relevant national policies

at present, China's blockchain technology and application continue to innovate, and are graally applied in supply chain finance, credit reference, proct traceability and other fields, with huge development space. As a new technology, if blockchain wants to realize large-scale practical application, it must strengthen the cooperation of instry, University, research and application, and promote the continuous development and maturity of technology and application

since 2017, the development of blockchain technology has aroused the deep concern of the government, enterprises and other sectors. Because of its decentralized, tamperable and traceable characteristics, blockchain attracts investors to add weight to this new technology field. For the previous hot speculation of blockchain technology, the cognition of it and investment circles has become increasingly rational

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"Regulations on the management of blockchain information services (Draft)"

Article 9 blockchain information service providers and users shall not use blockchain information services to engage in activities that are prohibited by laws and regulations, such as endangering national security, disrupting social order, and infringing the legitimate rights and interests of others, and shall not use blockchain information services to proce and use blockchain information services Copy, publish and disseminate information prohibited by laws and regulations

Article 13 a blockchain information service provider shall, as the case may be, take such measures as warning, limiting functions, closing account numbers, etc. for users of blockchain information services who violate laws, regulations and service agreements, so as to timely eliminate illegal information, prevent information diffusion, keep relevant records, and report to relevant competent authorities

Article 18 If a blockchain information service provider, in violation of the provisions of Article 9 of these Provisions, makes, copies, publishes and disseminates information content prohibited by laws, regulations and relevant national regulations, the Internet Information Office of the state, provinces, autonomous regions and municipalities directly under the central government shall give a warning and order it to correct within a time limit according to law

if the circumstances are serious or refuse to correct, the service shall be ordered to suspend, and a fine of not less than 5000 yuan but not more than 30000 yuan shall be imposed, until the relevant departments close the service according to law. If a crime is constituted, criminal responsibility shall be investigated according to law

If a blockchain information service user violates the provisions of Article 9 of these provisions and makes, copies, publishes and disseminates information content prohibited by laws and regulations and relevant national regulations, the Internet Information Office of the state, provinces, autonomous regions and municipalities directly under the central government shall deal with it in accordance with relevant laws and administrative regulations

Article 19 If a blockchain information service provider violates the provisions of Article 6 of these provisions and fails to mark its record number on its network platform, the Internet Information Office of the state, provinces, autonomous regions and municipalities directly under the central government shall order it to make corrections within a time limit according to its ties, and if it refuses to make corrections, it shall be given a warning and fined not less than 5000 yuan but not more than 10000 yuan

Article 20 If a blockchain information service provider violates the provisions of paragraph 1 of Article 4 of these provisions and fails to go through the filing proceres in accordance with these Provisions, the Internet Information Office of the state, provinces, autonomous regions and municipalities directly under the central government shall order it to make corrections within a time limit according to its ties, and if it refuses to make corrections or if the circumstances are serious, it shall be given a warning and fined not less than 10000 yuan but not more than 30000 yuan

Article 21 if the blockchain information service provided by the blockchain information service provider has potential information security risks, the Internet Information Office of the state, provinces, autonomous regions and municipalities directly under the central government shall, according to its ties, order it to rectify and suspend the service within a time limit, and continue to provide information services until it meets the relevant requirements of laws and regulations and national mandatory standards after rectification

if the blockchain information service provider violates the provisions of Article 4, paragraph 2, Article 8, Article 11, Article 12, Article 15 and Article 16 of these Provisions, the state and local Internet Information Office shall give a warning and order it to correct within a time limit according to its ties; If the circumstances are serious or if he refuses to make corrections, he shall be ordered to suspend service and be fined not less than 5000 yuan but not more than 30000 yuan; If a crime is constituted, criminal responsibility shall be investigated according to law

if the blockchain information service provider violates the provisions of Articles 10, 13 and 14 of these Provisions, it shall be handled by the Internet Information Office of the state, provinces, autonomous regions and municipalities directly under the central government in accordance with the provisions of the network security law of the people's Republic of China

5. 1. The value of bitcoin does not lie in its computing method and encryption algorithm. 2. The calculation and proction of bitcoin need time, equipment loss and electricity cost. 3. The total output of the algorithm is limited. 4. Some foreign and domestic objects have supported bitcoin payment, which makes it have the preliminary property of currency. 5. There is no difference between bitcoin and the legal currency of any country in its own value. A piece of printed paper or PVC does not have actual value. It can not have the characteristics of rare metals like gold. 6. The biggest risk of bitcoin is that no country, bank, military or government can guarantee its credibility. 7. At present, it seems to be just a virtual currency with speculation value. 8. Its circulation value is certainly not as popular as q-coin in China. For example, few people in second tier cities know about bitcoin, let alone let it admit its value.

6. Blockchain was born in bitcoin of Nakamoto Tsung in 2009. In Chinese, it is translated as "blockchain" according to the respective meanings of block and chain.

7. Nowadays, many MLM organizations cheat under the guise of blockchain. This name is unheard of. Intuition doesn't look like a reliable project.

8. In most well-known projects, stacking has no limit on the number of mortgage tokens for a node, such as EOS, Tron, cosmos, etc; Or through the mortgage rate to make certain restrictions, such as tezos, wanchain and other projects. However, ETH 2.0 is very different from these entrusted mortgage models. Each node of eth 2.0 needs mortgage, and it can only mortgage 32 eth. If I have 320 eth, I need to build 10 nodes
this kind of stacking design of eth 2.0 is compatible with its fragmentation chain structure. By setting the fixed mortgage number of 32eth compulsorily, the number of nodes in the whole network is relatively large, and the head node with huge mortgage number will not have monopoly accounting control right in a fragmentation chain, Therefore, the degree of decentralization of eth 2.0 mining will be improved to a certain extent
the second difference: principal and income are not one kind of currency, which can not be traded in the early stage
except for ontology, vechain and other al currency structure design projects, generally speaking, stacking mining is "lock what currency, earn what currency", but eth 2.0 locks eth token on the main chain of pow, and the income released is Beth token on the beacon chain. They are essentially two kinds of currency. Because the two chains will not be interconnected soon, the transaction prices of Eth and Beth in the open market will not be exactly the same
at stage 0, which is expected to go online next year, ETH 2.0 will not have the trading function. Even if the verifier (node) withdraws from staging, the principal and income can not be transferred out of the account. Therefore, all the principal and income of the early participating nodes are almost locked. We can only wait for the further development of eth 2.0 to graally realize the account trading function
the third difference: in the early stage, there was no decentralized entrusted mining
the function of "entrustment" can separate the token from the block right carried by the token, and the token holder can entrust the block right to trusted nodes to participate in consensus and win awards on behalf of them, which is also the reason why stacking is widely known by the public and is becoming popular. However, in the first two phases of eth2.0 (phase 0 and phase 1), there is no decentralized entrusted mining, which means that the coin holder can only set up its own node to run, or hand over the coin to the centralized mine pool to mine on behalf of it. However, agent mining is equivalent to transferring the coin to someone else for trusteeship, which has the security risk of capital
secondly, we need to understand the participation conditions of Ethereum staging
the participation threshold of Ethereum staging is not very high. In terms of hardware, the performance of home computer can run a node. Ethereum hopes to encourage more money holders to participate through low threshold, so as to achieve the goal of decentralization as much as possible
because the coin holder is not a professional node operator, it is generally unable to guarantee the 24-hour operation of the node. Therefore, in the design of the economic model, the penalty of Ethereum stacking for the node offline is very small, about 1% for three consecutive days, but the longer the offline time is, the greater the penalty will be, and 50% for 21 days offline
for the participants, 24-hour operation of the node can ensure the maximum revenue. At the same time, it is also necessary to do a good job in node version upgrade, prevention of "double flowers", fault monitoring and disaster prevention. At that time, some node operators will launch professional node operation services
after understanding the above information, let's take a look at the revenue analysis of Ethereum stacking
the annual SEO rate of eth 2.0 changes dynamically with the whole network pledge rate. According to the published rules, the relationship between the annual SEO rate and the whole network pledge rate is 0.5 power. The higher the pledge rate of the whole network, the higher the annual additional issue rate, and the lower the annual return rate of a single node. When the whole network pledge is 10%, the annual yield of the node is 5.72%.

9.

On March 19, trump signed an executive order to prohibit U.S. citizens and entities or indivials and entities in the United States from participating in digital currency transactions concted by the Venezuelan government or its agents. The executive order came into effect at noon on March 19

since the second half of 2017, the United States has repeatedly imposed sanctions on Venezuela e to the holding of the constituent assembly election and other reasons, expanded personal economic sanctions on current and former senior officials of Venezuela, and prohibited U.S. financial institutions from participating in New debt and equity transactions between the Venezuelan government and state-owned Venezuelan oil companies, American institutions are prohibited from participating in the trading of some bonds issued by Venezuelan public sector

10. A few days ago, the state Internet Information Office (ncio) released the "Regulations on the management of blockchain information services (Draft)", and blockchain has entered our information services. The state regulates the environment of blockchain market and blockchain projects, and there are many blockchain project case studies in Zhiqu chain for your reference.