General proof and calculation power
computing power is a measure of bitcoin network processing power. That is, the speed at which the computer calculates the output of the hash function. Bitcoin networks must perform intensive mathematical and encryption related operations for security purposes. For example, when the network reaches a hash rate of 10th / s, it can perform 10 trillion calculations per second
in the process of getting bitcoin through "mining", we need to find its corresponding solution M. for any 64 bit hash value, there is no fixed algorithm to find its solution M. we can only rely on computer random hash collisions. How many hash collisions can a mining machine do per second is the representative of its "computing power", and the unit is written as hash / s, This is called workload proof mechanism pow
computing power provides a solid foundation for the development of big data, and the explosive growth of big data poses a huge challenge to the existing computing power. With the rapid accumulation of big data in the Internet era and the geometric growth of global data, the existing computing power can no longer meet the demand. According to IDC, 90% of the global information data is generated in recent years. And by 2020, about 40% of the information will be stored by cloud computing service providers, of which 1 / 3 of the data has value
therefore, the development of computing power is imminent, otherwise it will greatly restrict the development and application of artificial intelligence. There is a big gap between China and the advanced level of the world in terms of computing power and algorithm. The core of computing power is the chip. Therefore, it is necessary to increase R & D investment in the field of computing power to narrow or even catch up with the gap with the developed countries in the world
unit of force
1 KH / S = 1000 hashes per second
1 MH / S = 1000000 hashes per second
1 GH / S = 1000000000 hashes per second
1 th / S = 100000000000 hashes per second
1 pH / S = 100000000000 hashes per second
1 eh / S = 100000000000 hashes per second
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What does 1p mean
first of all, 1p computing power is equivalent to about 1.05 million g, which means that if you have 1g computing power of the whole network, you can get almost 1.05 million of bitcoin output of the whole network. According to the output of 3800 bitcoins per day, we can see that the daily income of 1g of computing power has dropped to 0.0036 bitcoins, which is about 2.7 yuan according to the current market price. If the electricity cost and mining machinery hardware cost are included, the profit is almost gone
secondly, 1p's whole network computing power seems amazing, but in fact, in a year's time, you will think it's just a pediatrics, because cointera will launch 2p miner in December, and bitmine will launch 4P miner in March next year. If these companies are not put in biochemical weapons by Syria, it should be expected that bitcoin's whole network computing power will reach more than 10p in a year's time, By then, 1g of computing power will only be able to dig 0.00036 bitcoins a day.
computing power refers to computing power, refers to that in the process of getting bitcoin through "mining", we need to find its corresponding solution M. for any 64 bit hash value, there is no fixed algorithm to find its solution M. we can only rely on computer random hash collisions. How many hash collisions can a mining machine do per second, is the representative of its "computing power". The unit is written as hash / s, which is the so-called proof of work mechanism (POW)
The first sub chain of ETO public chain, Jingniu chain, is coming online soon, helping the entity enterprises to enter a new era of "blockchain +"
blockchain has been born for more than ten years. In recent years, with the increasingly mature blockchain technology and the continuous enrichment of application scenarios, blockchain has attracted more and more attention. In particular, on April 20 this year, the national development and Reform Commission explicitly proposed for the first time that the blockchain should be included in the scope of China's "new infrastructure". Blockchain has become a key technology to enhance the efficiency of China's stock assets and improve the competitiveness of medium and long-term instries
the significance of chain reform? In essence, through the consistent distribution and rendant storage of data in the whole network, blockchain realizes the openness, transparency and non tampering of data, reces the information asymmetry at the system level, and enables nodes to reorganize business relationships based on new information acquisition capabilities. While the information system of blockchain is decentralized, the overall efficiency is improved by constructing the decentralization of business system and the disintermediation of business process
the essential requirement of real economy reform is to rece cost and increase efficiency. The purpose of developing digital economy is to serve the real economy, and blockchain plays an extremely important role in this process
on the one hand, the so-called "chain reform" is to reconstruct and reorganize the business process of the real economy through the blockchain, and realize the distribution and storage of data on the chain with decentralized business system and disintermediated business process; On the other hand, through the introction of token economy, we can adjust the interest structure of different subjects in the business system, improve the value flow efficiency of the whole supply chain system, and reconstruct the interest distribution model. That's why chain reform is so important
from the technical level, the chain reform can solve the problems of trust, security, privacy protection, cost rection and efficiency through application, information and assets. From the perspective of token economy, chain reform can change the way of economic value output, circulation and distribution, so that all contributors of the whole ecology can get corresponding returns for their own efforts
the chain reform transforms the identity of "consumer" into the identity of "consumer + communicator + investor", transforms the interest pair into the interest community, and improves the stickiness of terminal consumers; Through the design of incentive model, the proction relationship can be liberated, the collaborative value of the upstream and downstream of the supply chain can be improved, and the benefit can be maximized. In the long run, chain reform is of great significance to the development and progress of the whole society and the promotion and protection of personal income
Jingniu chain, which focuses on one-stop chain reform service, is the world's leading one-stop chain reform service platform focusing on real economy chain reform and digital equity of real enterprises. On the one hand, Jingniu chain is committed to help small and medium-sized enterprises solve the internal and external incentive problems through blockchain technology, obtain immediate incentive feedback internally, and improve the efficiency of upstream and downstream collaboration externally; According to the proct characteristics of different enterprises, personalized chain reform scheme is provided to enable enterprises to obtain differentiated competitive advantage
the specific destruction mechanism is as follows: 5% of the amount is always released every day as the destruction pool, and the explosion report mechanism is used to return to the participants. The miner needs 3% equivalent ETO (platform token of ETO equity public chain) as the miner's fee to participate in the explosion report, and the mine pool will get random returns of 2 times, 3 times, 4 times and 5 times according to the destruction amount, The money returned by the miner will be released by 2% of the balance per day until the amount of the destroyed ore pool has been exploded. The amount of money that has not been exploded on that day will be deposited in the destroyed ore pool
in terms of miner's fees, 3% ETO of equivalent value is required for pledge or withdrawal of currency JnL as token, and 0.3% ETO of equivalent value is required for transaction and transfer as handling charge
in addition, 3% of daily proction will be converted into 1% charity fund, 1% Tourism Fund and 1% learning fund respectively
As the world's leading service platform for chain reform and digital equity, Jingniu chain not only has the world's top team, covering the landing cases of chain reform and digital equity service in many instries, but also can provide services such as all-round and multi-channel promotion and operation, investment and merger, digital equity transformation, listing and circulation transaction, JnL, as the circulation medium of the value bearing capacity of the whole ecosystem, plays an important role
in the future, as more and more small and medium-sized entity enterprises realize the importance of blockchain and the continuous development of the chain reform platform represented by Jingniu chain, more "blockchain +" instries will be launched, and the global entity enterprises will enter a new era of "blockchain +"
in the process of getting bitcoin through "mining", we need to find its corresponding solution M. for any 64 bit hash value, there is no fixed algorithm to find its solution M. we can only rely on the computer's random hash collisions. How many hash collisions can a mining machine do per second is the representative of its "computing power", and the unit is written as hash / s, This is the so-called proof of work mechanism (POW)
recently, bitcoin's network computing power has entered the era of P computing power (1P = 1024t, 1t = 1024g, 1g = 1024m, 1m = 1024k). In the ever-increasing computing power environment, the arrival of P era means that bitcoin has entered a new stage of arms race
computing power is a measure of the total computing power of the unit that generates new blocks under certain network consumption. The single blockchain of each coin varies with the time required to generate a new transaction block.
Hashtoken alliance
The full name ofGHP is global hash power. It is a global computing alliance formed by global bitcoin miners and established the Computing Alliance Foundation. Based on Ethereum erc2.0, it has a total circulation of 10 billion tokens, of which 5 billion are locked up for a long time and 50 million are in circulation
GHP provides bitcoin computing power by miners. Around the bitcoin computing power instry chain, it builds mines, mining, mining machine proction, computing power mall, computing power wallet, mine pool, computing power game, etc., and realizes computing power asset securitization
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< H2 > extended information:global hash power hash pass and ZT exchange have reached a strategic cooperative relationship. Global hash power hash pass (GHP) is scheled to launch zt.com digital currency exchange in the near future, and open GHP / eth, GHP / CNT trading pairs. At that time, ZT exchange will simultaneously open the currency charging function of global hash power hash pass (GHP)
relying on stable, professional and reliable technical support, ZT exchange has built a trading platform for blockchain digital currency, which is the most convenient to buy money and has the most convenient proceres, so as to truly meet the needs of global users. The operation performance of the exchange is also very stable, with real-time comparison of trading information, elastic flow protection and efficient order matching engine
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