The principle of blockchain technology to make money

1. blockchain does not belong to any instry. Blockchain is a new application mode of computer technology, such as distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and so on. In a narrow sense, blockchain is a kind of chain data structure that combines data blocks in a sequential way according to the time sequence, and it is a distributed account book that can not be tampered with and forged by means of cryptography.

2.

1. Hardware and infrastructure, the typical miner proction, distribution chain, where you can buy miner, mining to earn money

2. The underlying platform of blockchain and common technologies, such as Ethereum and other public chains, and the privacy protocol nucypher, where you can make money by investing in its token, building applications on the chain, and providing services for users

3. Various vertical applications, such as supply chain traceability and Finance Based on blockchain, right confirmation and trading, can be used or invested to make money

Service facilities, such as digital asset exchange and wallet, media procts, etc., you can make money by making your own exchange

extended data:

the characteristics of blockchain

1. Decentralization

blockchain technology does not rely on additional third-party management institutions or hardware facilities, and there is no central control. In addition to the self-contained blockchain itself, each node realizes information self verification, transmission and management through distributed accounting and storage. Decentralization is the most prominent and essential feature of blockchain

2. Openness

the foundation of blockchain technology is open source. In addition to the private information of all parties involved in the transaction is encrypted, the data of blockchain is open to everyone. Anyone can query blockchain data and develop related applications through the open interface, so the information of the whole system is highly transparent

3. Independence

based on consensus specifications and Protocols (similar to various mathematical algorithms such as hash algorithm used by bitcoin), the whole blockchain system does not rely on other third parties, and all nodes can automatically and safely verify and exchange data in the system without any human intervention

3.

What kind of blockchain technology is popular recently? Blockchain technology is considered to be the brightest star in financial technology, and it may continue to develop in the future. It has many characteristics, including data distribution, data trust and collective consensus mechanism, and most importantly, openness, transparency, anonymity and privacy, According to the data in the blockchain, we can get some basic information of contemporary society

blockchain technology is such a safe and scientific database. It can be simply understood as an authoritative database, in which the basic content is true, verified and audited by others. In terms of financial technology, it is very easy to find some desired data, which is very good for business people

4. It can only be DAPP application. It can't make any money by itself.

5. The final result is 21 million
to be exact, it is 2099999.97690000. Bitcoin electronic disk market is still very good

6. Blockchain is a new application mode of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other computer technologies. In a narrow sense, blockchain is a kind of chained data structure that combines data blocks in chronological order in a sequential way, and it is a distributed account book that can not be tampered with and forged by means of cryptography. In a broad sense, blockchain technology is a new distributed infrastructure and computing method, which uses blockchain data structure to verify and store data, uses distributed node consensus algorithm to generate and update data, uses cryptography to ensure the security of data transmission and access, and uses intelligent contract composed of automated script code to program and operate data
ways to make money by using blockchain:
one: arbitrage by moving bricks
in short, it is to move from one exchange to another, and then make a profit from it. Different from the stock market, the price difference between different exchanges in the blockchain market may reach more than 50%, which is quite profitable
Two: do blockchain we media
so far, not many media do blockchain, so there is still a wide demographic dividend. You can write articles, record videos, broadcast voice, and even live broadcast. There are unlimited possibilities: investment experience, project analysis, instry news, welfare selection, and knowledge popularization. As long as it continues, there will be gains and rewards
Three: bitcoin mining
the logic of making money from mining is very simple: invest RMB to buy equipment, power, set mining proceres, and then proce bitcoin, sell it in the market, and exchange it into RMB to complete an economic cycle. However, there are also risks in mining. Bitcoin proction is halved every four years. In addition to the cost of mining machines, electricity charges and maintenance, there are also risks such as unstable calculation and power failure. Moreover, mining machines are very noisy, and leaving them at home will affect rest. You need to choose a "mining machine" with high computing power and low power consumption, and then find a basement or warehouse to dig. Generally speaking, the cost is very high, If there is a bear market in the currency circle, the worst is the miners
Four: do the exchange and other trading platforms
open a trading website, so that everyone can trade and collect handling charges. Such as "fire coin" and "coin an", the myth of "sudden wealth" of young start-up companies represented by the post-80s generation has refreshed people's cognition again and again. There are discussions, there are transactions, there are transaction fees to earn
Five: application development
those who have certain development technology and seriously study blockchain technology can develop blockchain applications. Finding a clear positioning of an instry, trying to rewrite the rules of the game with blockchain, and developing distributed application DAPP are the direction of blockchain technology. At present, there are not many teams with development ability in China, and the projects made by technical teams with real talents are generally supported and liked by funds, and the secondary market usually performs well, such as anonymous technology of niche< Six: ICO
ICO (abbreviated as
initial
coin
offering), the initial issue of currency, originated from the concept of initial public offering (PO) in the stock market, is the first issue of token in block projects, and the raising of bitcoin, Ethereum and other general digital currencies< Seven: IFO
IFO (
initial
fork
offers) was issued for the first time. They generate new tokens by branching the bitcoin blockchain, claiming that they can achieve functions superior to bitcoin.

7. Now most of the blockchain instry makes money by issuing currency and then trading on the exchange

8. Need investment, make money with money! Buy at a low price and sell at a high price! It also has its own coin miner, which is relatively less risky