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It turns out that blockchain has no real economic value
Publish: 2021-04-25 08:24:01
1. At present, blockchain is most widely used in the field of financial technology, such as digital asset trading. As a kind of underlying technology, blockchain is the technical implementation of bitcoin. The rapid application of blockchain technology also needs virtual currency. In the past, a large-scale economic scenario requiring mutual trust and extensive cooperation between many people can only be solved by centralization, with low efficiency. The emergence of blockchain technology has solved this problem and eliminated this center. One of the important reasons to get rid of this center is that virtual currency provides an endogenous economic incentive mechanism for the blockchain, so that people have the motivation to participate in the economic activities after the transformation of the blockchain. Of course, blockchain will have more extensive and mature applications in more fields in the future. For example, in November last year, State Grid submitted a patent application named "power transaction control method and device about blockchain". This year, Xi'an City Wall International Marathon also used blockchain technology for the first time in the world to collect athletes' competition data, data and data All the information such as the winning part is registered on the blockchain. With its traceable and tamperable technical characteristics, the information channel between the events is opened up, which effectively ensures the reliability of the competition results.
2. Very bad. The instry is in a mess
blockchain is not easy to do since 18 years ago. The instry is deceptive, professional cut leek. I remember that the blockchain network reported that Li Xiaolai was cutting leeks. Li Xiaolai was going to build a blockchain network, so that their second round of financing had stopped. It was said that they had sold it to a technology company in Guangzhou
blockchain is not easy to do since 18 years ago. The instry is deceptive, professional cut leek. I remember that the blockchain network reported that Li Xiaolai was cutting leeks. Li Xiaolai was going to build a blockchain network, so that their second round of financing had stopped. It was said that they had sold it to a technology company in Guangzhou
3. Principle of blockchain: decentralized distributed accounting system
the core of blockchain technology is that all participating nodes jointly maintain the transaction and database, which makes the transaction based on the principle of cryptography rather than trust, so that any agreed parties can directly carry out payment transactions without the participation of a third party< br />?
technically, a block is a data structure for recording transactions, reflecting the capital flow of a transaction. In the system, the blocks of the transactions that have been reached are connected together to form a main chain, and all the nodes participating in the calculation record the main chain or part of the main chain. A block contains the following three parts: transaction information, hash formed by the previous block, and random number. Transaction information is the task data carried by the block, including the private keys of both parties, the number of transactions, the digital signature of electronic currency, etc; The hash hash formed by the previous block is used to connect the blocks and realize the sequence of past transactions; Random number is the core of the transaction. All miners compete to calculate the answer of the random number. The node that gets the answer the fastest generates a new block and broadcasts it to all nodes for updating, so as to complete a transaction
1.1 what is a blockchain
blockchain is a technical solution to collectively maintain a reliable database through centralization and de trust in the past. This technical solution mainly allows any number of nodes in the participating system to generate a series of data blocks by using cryptographic methods. Each data block contains all the information exchange data of the system in a certain period of time, and generates a data fingerprint to verify the validity of its information and link to the next database block< br />?
generally speaking, blockchain technology refers to a way for the whole people to participate in bookkeeping. There is a database behind all the systems, that is, a big ledger. So it's very important who keeps this account book. At present, whose system is responsible for bookkeeping, the account book of each bank is the account book of each bank, and the account book of each bank is the account book of Ali. But now in the blockchain system, everyone in the system can have the opportunity to participate in bookkeeping. If there are new transaction data changes in a certain period of time, everyone in the system can make bookkeeping. The system will judge the fastest and best bookkeeper in this period, write the recorded content into the account book, and send the content of the account book to all other people in the system for backup. In this way, everyone in the system has a complete account book. As a result, the data becomes very secure. Tamperers need to modify more than half of the system node data at the same time to truly tamper with the data. The cost of such tampering is so high that it is almost impossible. For example, bitcoin has been running for more than seven years, and countless hackers around the world have tried to attack bitcoin, but so far there have been no trading errors. It can be considered that bitcoin blockchain has been proved to be a safe and reliable system< br />?
1.2 why is there blockchain innovation
human beings need to communicate in the process of activities, and communication is based on information. In the past, information circulation was not convenient enough to meet the information needs of market participants, so the intermediary and center were born. This centralized system has the problems of high cost, low efficiency, scattered value, "information island" and unsafe data storage. However, e to technical and environmental factors, this system still continues to operate for many years until the emergence of the Internet. The starting point of the first generation Internet is TCP / IP protocol, which is to implement the open code of peer-to-peer transmission of information in a unified format of all nodes on the network, and to program, protocol and execute the basic values of freedom and equality needed by the global unified market. Internet eliminates the middle chain of low value and high cost, and realizes the low cost and high efficiency of global information transmission by decentralization< br />?< However, the first generation Internet did not solve the credit problem of information. The activities that can be decentralized on the Internet must be those that do not need credit endorsement, and those that need credit guarantee must be those that are centralized and participated by third-party intermediaries. As a result, Internet technology, which is unable to establish global credit, has encountered great obstacles in its progress - people can not participate in any value exchange activities on the Internet in a decentralized way. In order to realize value exchange, people still need the third-party intermediary (such as bank, clearing, exchange) based on credit. There are still some problems in the global centralized credit system, such as high operating cost, low efficiency and vulnerability to attack. For example, the legal currencies of different countries have different credit values and different clearing systems, which increase the cost of Global trade< br />?
therefore, what the second generation Internet must break through is: how to decentralize the establishment of global credit? So that the value transfer is also low-cost and efficient. We need to create a kind of technology in the Internet, which can also engage in value exchange activities on the premise that people can't trust each other, so as to achieve real decentralization and go to the third-party intermediary, and realize the transformation from information internet to value Internet
1.3 application of blockchain
Bubi blockchain has been applied to equity, supply chain, points and other fields, and is carrying out experiments and application tests with exchanges and banks
as an integral application on Bubi blockchain, Shubei Hebao has been launched recently, which is a good demonstration for the landing application of blockchain technology in various instries
1.4 why the financial instry needs blockchain
trust is the foundation of the financial instry. In order to maintain trust, the development of the financial instry has spawned a large number of high-cost, low-efficiency, single point of failure intermediaries, including trusteeship, third-party payment, notaries, banks, exchanges and so on. Blockchain technology uses new encryption authentication technology and decentralized consensus mechanism to maintain a complete, distributed and tamperable account book, so that participants can ensure the security of funds and information through a unified account book system without mutual recognition and trust. This is of great significance to finance. Therefore, global financial giants are exploring blockchain applications one after another. On the one hand, this is to prevent the risk of being subverted; on the other hand, it is also "for our own use" to improve efficiency and rece costs, so as to consolidate, optimize and expand the existing power< br />?
first, blockchain can rece trust risk. Blockchain technology has the characteristics of open source and transparency. The participants of the system can know the operation rules of the system, verify the authenticity and integrity of the account book content and account book construction history, and ensure that the transaction history is reliable and has not been tampered with, which is equivalent to improving the accountability of the system and recing the trust risk of the system. For example, blockchain can avoid the current Internet Financial P2P running, fraud and other events< br />?
secondly, blockchain can improve the efficiency of payment, transaction and settlement. On the blockchain, the process of transaction confirmation is the process of clearing, settlement and auditing. Blockchain uses distributed accounting, all transactions are displayed in real time on a spreadsheet similar to global sharing, real-time clearing, and efficiency is greatly improved. For example, the U.S. securities settlement system is t + 3, but the blockchain can improve the efficiency to the minute level, which can rece the settlement risk by 99%, thus effectively recing the cost of capital and systemic risk< br />?
thirdly, blockchain can rece operating costs. Financial business systems and back office work are often faced with long processes and multiple links. Nowadays, no matter visa, master or all of them operate in a centralized way, money transfer has to go through a third party, which makes the cost of cross-border transaction, currency exchange rate, internal accounting and time cost too high, and brings risks to capital. Blockchain can simplify and automate the lengthy financial service process, rece the interaction between foreground and background, and save a lot of human and material resources, which is of great significance to optimize the financial business process and improve the financial competitiveness. The Bank of Spain believes that by 2022, blockchain technology will help the financial instry rece its bookkeeping costs by $20 billion< br />?
fourthly, blockchain can effectively prevent failures and attacks. The traditional financial model takes the exchange or bank as the center. Once the center fails or is attacked, the whole network may be paralyzed and the transaction will be suspended. The blockchain is supported by many distributed nodes and computer servers on the point-to-point network. The problems of any part will not affect the overall operation, and each node keeps a of the blockchain data. Therefore, the built-in business continuity of blockchain has high reliability and fault tolerance< br />?
fifthly, blockchain can improve the level of automation. Since all files or assets can be represented in the form of codes or ledgers, smart contracts and automatic transactions can be realized on the blockchain by setting the data processing program on the blockchain. For example, a smart contract can write a set of financial terms into the agreement to ensure the automatic execution and default payment of the contract< br />?
sixth, blockchain can meet regulatory and audit requirements. The records stored on the blockchain are transparent, traceable and unchangeable. Any record, once written to the blockchain, is permanent and cannot be tampered with. Any transaction between two parties can be tracked and inquired< br />?
in addition to the above positive effects on existing systems and business models, blockchain can also drive the birth of new business models. On the one hand, the characteristics of blockchain technology enable it to achieve some business models that are difficult to achieve in the centralized mode. On the other hand, blockchain greatly encourages the innovation and cooperation of the whole society through the opening and cooperation of source code. Of course, there will be a lot of problems and challenges in the application of blockchain in finance. This paper also thinks about the specific application
the working principle of blockchain technology is not difficult to understand. If we focus on the application research of specific blockchain technology, we can find that the working principle of this blockchain technology is ubiquitous.
the core of blockchain technology is that all participating nodes jointly maintain the transaction and database, which makes the transaction based on the principle of cryptography rather than trust, so that any agreed parties can directly carry out payment transactions without the participation of a third party< br />?
technically, a block is a data structure for recording transactions, reflecting the capital flow of a transaction. In the system, the blocks of the transactions that have been reached are connected together to form a main chain, and all the nodes participating in the calculation record the main chain or part of the main chain. A block contains the following three parts: transaction information, hash formed by the previous block, and random number. Transaction information is the task data carried by the block, including the private keys of both parties, the number of transactions, the digital signature of electronic currency, etc; The hash hash formed by the previous block is used to connect the blocks and realize the sequence of past transactions; Random number is the core of the transaction. All miners compete to calculate the answer of the random number. The node that gets the answer the fastest generates a new block and broadcasts it to all nodes for updating, so as to complete a transaction
1.1 what is a blockchain
blockchain is a technical solution to collectively maintain a reliable database through centralization and de trust in the past. This technical solution mainly allows any number of nodes in the participating system to generate a series of data blocks by using cryptographic methods. Each data block contains all the information exchange data of the system in a certain period of time, and generates a data fingerprint to verify the validity of its information and link to the next database block< br />?
generally speaking, blockchain technology refers to a way for the whole people to participate in bookkeeping. There is a database behind all the systems, that is, a big ledger. So it's very important who keeps this account book. At present, whose system is responsible for bookkeeping, the account book of each bank is the account book of each bank, and the account book of each bank is the account book of Ali. But now in the blockchain system, everyone in the system can have the opportunity to participate in bookkeeping. If there are new transaction data changes in a certain period of time, everyone in the system can make bookkeeping. The system will judge the fastest and best bookkeeper in this period, write the recorded content into the account book, and send the content of the account book to all other people in the system for backup. In this way, everyone in the system has a complete account book. As a result, the data becomes very secure. Tamperers need to modify more than half of the system node data at the same time to truly tamper with the data. The cost of such tampering is so high that it is almost impossible. For example, bitcoin has been running for more than seven years, and countless hackers around the world have tried to attack bitcoin, but so far there have been no trading errors. It can be considered that bitcoin blockchain has been proved to be a safe and reliable system< br />?
1.2 why is there blockchain innovation
human beings need to communicate in the process of activities, and communication is based on information. In the past, information circulation was not convenient enough to meet the information needs of market participants, so the intermediary and center were born. This centralized system has the problems of high cost, low efficiency, scattered value, "information island" and unsafe data storage. However, e to technical and environmental factors, this system still continues to operate for many years until the emergence of the Internet. The starting point of the first generation Internet is TCP / IP protocol, which is to implement the open code of peer-to-peer transmission of information in a unified format of all nodes on the network, and to program, protocol and execute the basic values of freedom and equality needed by the global unified market. Internet eliminates the middle chain of low value and high cost, and realizes the low cost and high efficiency of global information transmission by decentralization< br />?< However, the first generation Internet did not solve the credit problem of information. The activities that can be decentralized on the Internet must be those that do not need credit endorsement, and those that need credit guarantee must be those that are centralized and participated by third-party intermediaries. As a result, Internet technology, which is unable to establish global credit, has encountered great obstacles in its progress - people can not participate in any value exchange activities on the Internet in a decentralized way. In order to realize value exchange, people still need the third-party intermediary (such as bank, clearing, exchange) based on credit. There are still some problems in the global centralized credit system, such as high operating cost, low efficiency and vulnerability to attack. For example, the legal currencies of different countries have different credit values and different clearing systems, which increase the cost of Global trade< br />?
therefore, what the second generation Internet must break through is: how to decentralize the establishment of global credit? So that the value transfer is also low-cost and efficient. We need to create a kind of technology in the Internet, which can also engage in value exchange activities on the premise that people can't trust each other, so as to achieve real decentralization and go to the third-party intermediary, and realize the transformation from information internet to value Internet
1.3 application of blockchain
Bubi blockchain has been applied to equity, supply chain, points and other fields, and is carrying out experiments and application tests with exchanges and banks
as an integral application on Bubi blockchain, Shubei Hebao has been launched recently, which is a good demonstration for the landing application of blockchain technology in various instries
1.4 why the financial instry needs blockchain
trust is the foundation of the financial instry. In order to maintain trust, the development of the financial instry has spawned a large number of high-cost, low-efficiency, single point of failure intermediaries, including trusteeship, third-party payment, notaries, banks, exchanges and so on. Blockchain technology uses new encryption authentication technology and decentralized consensus mechanism to maintain a complete, distributed and tamperable account book, so that participants can ensure the security of funds and information through a unified account book system without mutual recognition and trust. This is of great significance to finance. Therefore, global financial giants are exploring blockchain applications one after another. On the one hand, this is to prevent the risk of being subverted; on the other hand, it is also "for our own use" to improve efficiency and rece costs, so as to consolidate, optimize and expand the existing power< br />?
first, blockchain can rece trust risk. Blockchain technology has the characteristics of open source and transparency. The participants of the system can know the operation rules of the system, verify the authenticity and integrity of the account book content and account book construction history, and ensure that the transaction history is reliable and has not been tampered with, which is equivalent to improving the accountability of the system and recing the trust risk of the system. For example, blockchain can avoid the current Internet Financial P2P running, fraud and other events< br />?
secondly, blockchain can improve the efficiency of payment, transaction and settlement. On the blockchain, the process of transaction confirmation is the process of clearing, settlement and auditing. Blockchain uses distributed accounting, all transactions are displayed in real time on a spreadsheet similar to global sharing, real-time clearing, and efficiency is greatly improved. For example, the U.S. securities settlement system is t + 3, but the blockchain can improve the efficiency to the minute level, which can rece the settlement risk by 99%, thus effectively recing the cost of capital and systemic risk< br />?
thirdly, blockchain can rece operating costs. Financial business systems and back office work are often faced with long processes and multiple links. Nowadays, no matter visa, master or all of them operate in a centralized way, money transfer has to go through a third party, which makes the cost of cross-border transaction, currency exchange rate, internal accounting and time cost too high, and brings risks to capital. Blockchain can simplify and automate the lengthy financial service process, rece the interaction between foreground and background, and save a lot of human and material resources, which is of great significance to optimize the financial business process and improve the financial competitiveness. The Bank of Spain believes that by 2022, blockchain technology will help the financial instry rece its bookkeeping costs by $20 billion< br />?
fourthly, blockchain can effectively prevent failures and attacks. The traditional financial model takes the exchange or bank as the center. Once the center fails or is attacked, the whole network may be paralyzed and the transaction will be suspended. The blockchain is supported by many distributed nodes and computer servers on the point-to-point network. The problems of any part will not affect the overall operation, and each node keeps a of the blockchain data. Therefore, the built-in business continuity of blockchain has high reliability and fault tolerance< br />?
fifthly, blockchain can improve the level of automation. Since all files or assets can be represented in the form of codes or ledgers, smart contracts and automatic transactions can be realized on the blockchain by setting the data processing program on the blockchain. For example, a smart contract can write a set of financial terms into the agreement to ensure the automatic execution and default payment of the contract< br />?
sixth, blockchain can meet regulatory and audit requirements. The records stored on the blockchain are transparent, traceable and unchangeable. Any record, once written to the blockchain, is permanent and cannot be tampered with. Any transaction between two parties can be tracked and inquired< br />?
in addition to the above positive effects on existing systems and business models, blockchain can also drive the birth of new business models. On the one hand, the characteristics of blockchain technology enable it to achieve some business models that are difficult to achieve in the centralized mode. On the other hand, blockchain greatly encourages the innovation and cooperation of the whole society through the opening and cooperation of source code. Of course, there will be a lot of problems and challenges in the application of blockchain in finance. This paper also thinks about the specific application
the working principle of blockchain technology is not difficult to understand. If we focus on the application research of specific blockchain technology, we can find that the working principle of this blockchain technology is ubiquitous.
4. In Outland, we choose nagland to mine
compared with
Hellfire Peninsula, most of which are magic iron. Although the fire particles can have a good price and market, the output is too small. Although the proction of soil particles is large, the price is really low, the use is little, and the market is not good
and the distribution of Hellfire mines is extremely unfavorable to circle mining, and most of them are distributed in the upper mountain area,
the water area of zanga swamp is large, and many ore spots are distributed in the water, which is the most criticized one for mining. After drilling in the water, we beat the fish of the caller, g two magic irons, and then slowly climbed to the shore and got on the plane, which is not a waste of time
moreover, zanga swamp is mostly magic irons, and the ore spots are few and the distribution is irregular
not to mention the taloka forest, There are too few mines in this map.
there are many mines in Dao Feng mountain, but the terrain is the most yellow and violent. There are lots of swords and stones everywhere, which is very unfavorable for aircraft flying. However, in view of the small number of people, it can be a good place.
shadow Moon Valley and void storm are too high. Some mines are in the strange pile and can't be found without digging. As soon as the hoe strikes, the sound is everywhere, and the strange will come to you, If you don't kill them, you can't dig them. It's a waste of time. So you don't choose to dig them in these two places. But these two places have fixed points, brush rich gold and gram gold, and herbal medicine. So I recommend the small one to keep watch. As for the large one to dig, forget it. The map is far away and it takes half a day to fly by.
2) tool demand
[[miner's hoe]]. Needless to say, the only one who has been following me since level 6 is him. I have destroyed all the furnace stones
[[big bird]] one, no matter whether you are a dragon or a fish, you can fly fast, of course, the birds in the arena are better
[[horse whip]] one, before reaching the mine, the refresh speed is faster than your flight speed, so he is still necessary
in addition, the highest mining skill is 350, which is absolutely the premise!! (3) recommendation of companion training skills
digging grass, also known as double mining, is not particularly convenient to switch. It is possible that a mine will leak when you dig grass, but it is definitely the most profitable combination of farmers, [[engineering eye]] + [[fast throttling particle aspirator]] can simultaneously display ore occurrences and air masses. However, there are not many air masses around the mine, but it's not bad.
skinning is still a bit interesting. The key is that the cobra in twilight Valley can peel the scales of Cobra. The scales are the material for physical output leg protectors, and only the snakes here and in shadow Moon Valley can proce them. However, it's obvious that the number of snakes in shadow Moon Valley or the surrounding environment is not as good as here. It's also a good choice to peel here if you find someone who is robbing ore.
4) mining time is recommended
generally speaking, it's best when there are few people, so I recommend
prime time: 3:00 a.m. - 9:00 a.m.
Silver time: 9:00 a.m. - 12:00 noon, 1:00 p.m. - 3:00 p.m.
if there is one person robbing ore, you should adjust the time by yourself, For example, if you don't see a mine after flying half a circle, please stop and wait for the mine at your feet to refresh, rather than continue to fly to the next mine. The reason is very simple
it's more profitable to dig fuser in the mainland (there's also a chance to proce all kinds of gems and arcane crystals, which sell well)
it's recommended to go to sirisus
Yashi insect nest, and brush one in the smallest hole, It's possible to brush 2 or 3 ore spots outside, a total of 5 mines. You can calculate by yourself. If you add 2 holes and mine 5 mines outside, don't enter the last hole
in Zora's nest, the holes near the alliance camp are usually painted with only one mine. If you want to mine at the entrance, don't go in. The other two holes are painted with two mines each. They are not painted outside, but the entrance will be painted
generally, the two holes with only one entrance are brushed with two mines, the holes with two exits are brushed with one mine, and one mine can be brushed outside
sometimes fuser silver can be turned into real silver, and sometimes pusher silver can be turned into gold, but it is very rare.
compared with
Hellfire Peninsula, most of which are magic iron. Although the fire particles can have a good price and market, the output is too small. Although the proction of soil particles is large, the price is really low, the use is little, and the market is not good
and the distribution of Hellfire mines is extremely unfavorable to circle mining, and most of them are distributed in the upper mountain area,
the water area of zanga swamp is large, and many ore spots are distributed in the water, which is the most criticized one for mining. After drilling in the water, we beat the fish of the caller, g two magic irons, and then slowly climbed to the shore and got on the plane, which is not a waste of time
moreover, zanga swamp is mostly magic irons, and the ore spots are few and the distribution is irregular
not to mention the taloka forest, There are too few mines in this map.
there are many mines in Dao Feng mountain, but the terrain is the most yellow and violent. There are lots of swords and stones everywhere, which is very unfavorable for aircraft flying. However, in view of the small number of people, it can be a good place.
shadow Moon Valley and void storm are too high. Some mines are in the strange pile and can't be found without digging. As soon as the hoe strikes, the sound is everywhere, and the strange will come to you, If you don't kill them, you can't dig them. It's a waste of time. So you don't choose to dig them in these two places. But these two places have fixed points, brush rich gold and gram gold, and herbal medicine. So I recommend the small one to keep watch. As for the large one to dig, forget it. The map is far away and it takes half a day to fly by.
2) tool demand
[[miner's hoe]]. Needless to say, the only one who has been following me since level 6 is him. I have destroyed all the furnace stones
[[big bird]] one, no matter whether you are a dragon or a fish, you can fly fast, of course, the birds in the arena are better
[[horse whip]] one, before reaching the mine, the refresh speed is faster than your flight speed, so he is still necessary
in addition, the highest mining skill is 350, which is absolutely the premise!! (3) recommendation of companion training skills
digging grass, also known as double mining, is not particularly convenient to switch. It is possible that a mine will leak when you dig grass, but it is definitely the most profitable combination of farmers, [[engineering eye]] + [[fast throttling particle aspirator]] can simultaneously display ore occurrences and air masses. However, there are not many air masses around the mine, but it's not bad.
skinning is still a bit interesting. The key is that the cobra in twilight Valley can peel the scales of Cobra. The scales are the material for physical output leg protectors, and only the snakes here and in shadow Moon Valley can proce them. However, it's obvious that the number of snakes in shadow Moon Valley or the surrounding environment is not as good as here. It's also a good choice to peel here if you find someone who is robbing ore.
4) mining time is recommended
generally speaking, it's best when there are few people, so I recommend
prime time: 3:00 a.m. - 9:00 a.m.
Silver time: 9:00 a.m. - 12:00 noon, 1:00 p.m. - 3:00 p.m.
if there is one person robbing ore, you should adjust the time by yourself, For example, if you don't see a mine after flying half a circle, please stop and wait for the mine at your feet to refresh, rather than continue to fly to the next mine. The reason is very simple
it's more profitable to dig fuser in the mainland (there's also a chance to proce all kinds of gems and arcane crystals, which sell well)
it's recommended to go to sirisus
Yashi insect nest, and brush one in the smallest hole, It's possible to brush 2 or 3 ore spots outside, a total of 5 mines. You can calculate by yourself. If you add 2 holes and mine 5 mines outside, don't enter the last hole
in Zora's nest, the holes near the alliance camp are usually painted with only one mine. If you want to mine at the entrance, don't go in. The other two holes are painted with two mines each. They are not painted outside, but the entrance will be painted
generally, the two holes with only one entrance are brushed with two mines, the holes with two exits are brushed with one mine, and one mine can be brushed outside
sometimes fuser silver can be turned into real silver, and sometimes pusher silver can be turned into gold, but it is very rare.
5. Indivials can buy and sell bitcoin at their own risk
6. 1. When building a set of accounts
2. An account set has only one functional currency. If you want to record multiple currencies in the transaction processing layer, use MRC; If it is not needed, it can be realized with conversion function or account set consolidation function
3. Of course, foreign exchange adjustment is for the reporting currency, so the report of each reporting currency should be the result of revaluation.
2. An account set has only one functional currency. If you want to record multiple currencies in the transaction processing layer, use MRC; If it is not needed, it can be realized with conversion function or account set consolidation function
3. Of course, foreign exchange adjustment is for the reporting currency, so the report of each reporting currency should be the result of revaluation.
7. When it comes to blockchain, we have to talk about bitcoin. Most people in the market begin to recognize bitcoin through its market influence, because bitcoin was born on the basis of blockchain technology. Blockchain is simply an innovative application mode of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other computer technologies. Applying this technology to the transaction of virtual currency can make each transaction proce a corresponding data block, so as to ensure the authenticity of information. The biggest advantage is that it cannot be forged, It solves the trust problem in data transaction environment
of course, as blockchain technology becomes more and more mature and stable, it will be more and more applied in various real instry business scenarios, including finance, social communication, Internet of things, e-commerce, games and securities trading, For example, our project of "intelligent system for ecological chain of structural hole investment and financing" is the first innovative application of this technology in the field of investment and financing. However, from the purely technical level, the main purpose of blockchain is to ensure the safety of data operation, which is the biggest advantage of this technology. So what is the relationship between blockchain technology and virtual currency? Take bitcoin as an example. Bitcoin is a virtual currency based on blockchain technology and proced through a large number of algorithms. Due to its special algorithm and the anti-counterfeiting function of blockchain technology, the total number of bitcoin will remain unchanged at 21 million. It is precisely because things are rare that bitcoin is loved by many people
so why are there a lot of virtual currency scams under the banner of blockchain in the market today? This is because these so-called innovative application companies of blockchain issue virtual currencies. Although they claim that the number of virtual currencies is very limited in the market promotion, and they can make investors earn a price difference by raising the price through currency speculation, in essence, the issuance of their virtual currencies is controlled by their companies and can be changed according to their own wishes and needs, The purpose is to make illegal profits. In the market, many investors who don't know the truth are cheated because they lack the knowledge of financial investment. They are in the spirit of speculation to earn profit. Once they are put in, these so-called virtual currencies will be manipulated by the company in the background, resulting in the loss of money. When investors enter into such a game, they often change from the original intention of speculation to gambling. When they buy at a high price and see that the price continues to fall, they will naturally make up their positions and make additional investment when there is a rebound. In this way, they are repeatedly cleaned up and cut leeks. Finally, they sink deeper and deeper and lose their property. It is precisely because the price is controlled by the company, Therefore, these companies make huge profits, even beyond the imagination of ordinary people. What we want to say about this market phenomenon is that it is not the fault of blockchain technology itself, but that it is caused by some illegal people in the market who stealthily changed the concept, took advantage of people's lack of professional knowledge of blockchain technology and financial investment, and grasped the psychology of greed for wealth< br />
the existence of these black sheep in the market confuses the public and disturbs the market. As a result, the innovative application of business scenarios based on blockchain technology has brought serious practical obstacles to the healthy development of social economy and value creation of entrepreneurial and innovative projects, such as the "structural hole investment and Financing Ecological Chain Intelligent System" project, In fact, it is based on the innovative application of blockchain + AI + OKR and other technologies in the investment and financing ecological business scenario, and redefines the investment and financing business model. The purpose is to provide enabling services for the three groups of project parties, resource providers and investors in the ecological chain to create value and fulfill value transactions, so as to significantly improve the success rate of investment and financing for the three groups of customers, without issuing virtual currency, Without manipulating the price of the virtual money market, it is a good project for the healthy development of the social economy, which is also affected. It is really painful and difficult, but it has nothing to do, and it can only bear the hardships silently. Today's view is: blockchain fraud is guilty, and blockchain technology cannot be innocent.
of course, as blockchain technology becomes more and more mature and stable, it will be more and more applied in various real instry business scenarios, including finance, social communication, Internet of things, e-commerce, games and securities trading, For example, our project of "intelligent system for ecological chain of structural hole investment and financing" is the first innovative application of this technology in the field of investment and financing. However, from the purely technical level, the main purpose of blockchain is to ensure the safety of data operation, which is the biggest advantage of this technology. So what is the relationship between blockchain technology and virtual currency? Take bitcoin as an example. Bitcoin is a virtual currency based on blockchain technology and proced through a large number of algorithms. Due to its special algorithm and the anti-counterfeiting function of blockchain technology, the total number of bitcoin will remain unchanged at 21 million. It is precisely because things are rare that bitcoin is loved by many people
so why are there a lot of virtual currency scams under the banner of blockchain in the market today? This is because these so-called innovative application companies of blockchain issue virtual currencies. Although they claim that the number of virtual currencies is very limited in the market promotion, and they can make investors earn a price difference by raising the price through currency speculation, in essence, the issuance of their virtual currencies is controlled by their companies and can be changed according to their own wishes and needs, The purpose is to make illegal profits. In the market, many investors who don't know the truth are cheated because they lack the knowledge of financial investment. They are in the spirit of speculation to earn profit. Once they are put in, these so-called virtual currencies will be manipulated by the company in the background, resulting in the loss of money. When investors enter into such a game, they often change from the original intention of speculation to gambling. When they buy at a high price and see that the price continues to fall, they will naturally make up their positions and make additional investment when there is a rebound. In this way, they are repeatedly cleaned up and cut leeks. Finally, they sink deeper and deeper and lose their property. It is precisely because the price is controlled by the company, Therefore, these companies make huge profits, even beyond the imagination of ordinary people. What we want to say about this market phenomenon is that it is not the fault of blockchain technology itself, but that it is caused by some illegal people in the market who stealthily changed the concept, took advantage of people's lack of professional knowledge of blockchain technology and financial investment, and grasped the psychology of greed for wealth< br />
the existence of these black sheep in the market confuses the public and disturbs the market. As a result, the innovative application of business scenarios based on blockchain technology has brought serious practical obstacles to the healthy development of social economy and value creation of entrepreneurial and innovative projects, such as the "structural hole investment and Financing Ecological Chain Intelligent System" project, In fact, it is based on the innovative application of blockchain + AI + OKR and other technologies in the investment and financing ecological business scenario, and redefines the investment and financing business model. The purpose is to provide enabling services for the three groups of project parties, resource providers and investors in the ecological chain to create value and fulfill value transactions, so as to significantly improve the success rate of investment and financing for the three groups of customers, without issuing virtual currency, Without manipulating the price of the virtual money market, it is a good project for the healthy development of the social economy, which is also affected. It is really painful and difficult, but it has nothing to do, and it can only bear the hardships silently. Today's view is: blockchain fraud is guilty, and blockchain technology cannot be innocent.
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