Decentralized mining project
Publish: 2021-04-14 19:56:33
1. For more technical overview of betterhash protocol currently under development, it should be enough to see the speech of Matt Corallo. It is unnecessary to understand the problem of reprinting the theory of self fighting game network in this paper, because Conceptually speaking, betterhash is better objectively, and it does not need a complete code implementation to understand how important it is.
2. "mining" in the blockchain is the process of bookkeeping. You can purchase computing power equipment, that is, "mining machine", to "mine" and get bookkeeping rewards
however, with the increasingly fierce competition in bookkeeping and the graal rise of dpos, ordinary computing power equipment has been unable to meet the needs of mining
it is necessary to purchase more professional mining machines or join large mines. Therefore, the threshold of mining is slightly higher
where there is demand, there is market
e to the increasing market demand for professional mining machinery, more and more chip enterprises increase investment in chip R & D, and start to develop mining machinery with higher computing power and lower energy consumption, so as to earn profits
when the currency price rose sharply in 2017, this kind of mining machinery was in short supply
as the level of computing power in the whole network is getting higher and higher, it is difficult for a single miner to seize the bookkeeping right and obtain bookkeeping rewards. Therefore, the way of combining a small amount of computing power and joint operation arises at the historic moment to improve the competitiveness of bookkeeping
the website established in this way is called "mine pool"
the profit model of the mine pool is to charge the handling charge. The more people participate in the mine pool, the higher the proportion of handling charge, the higher the income of the mine pool company
blockchain is the core supporting technology of digital cryptocurrency system represented by bitcoin. The core advantage of blockchain technology is decentralization. It can realize point-to-point transaction, coordination and cooperation based on decentralized credit in a distributed system without mutual trust by means of data encryption, time stamp, distributed consensus and economic incentive, so as to solve the common high cost, low cost and low cost of centralized institutions Low efficiency and data storage insecurity provide solutions
the application fields of blockchain include digital currency, token, finance, anti-counterfeiting traceability, privacy protection, supply chain, entertainment, etc. with the popularity of blockchain and bitcoin, many related top domain names have been registered, which has a great impact on the domain name instry.
however, with the increasingly fierce competition in bookkeeping and the graal rise of dpos, ordinary computing power equipment has been unable to meet the needs of mining
it is necessary to purchase more professional mining machines or join large mines. Therefore, the threshold of mining is slightly higher
where there is demand, there is market
e to the increasing market demand for professional mining machinery, more and more chip enterprises increase investment in chip R & D, and start to develop mining machinery with higher computing power and lower energy consumption, so as to earn profits
when the currency price rose sharply in 2017, this kind of mining machinery was in short supply
as the level of computing power in the whole network is getting higher and higher, it is difficult for a single miner to seize the bookkeeping right and obtain bookkeeping rewards. Therefore, the way of combining a small amount of computing power and joint operation arises at the historic moment to improve the competitiveness of bookkeeping
the website established in this way is called "mine pool"
the profit model of the mine pool is to charge the handling charge. The more people participate in the mine pool, the higher the proportion of handling charge, the higher the income of the mine pool company
blockchain is the core supporting technology of digital cryptocurrency system represented by bitcoin. The core advantage of blockchain technology is decentralization. It can realize point-to-point transaction, coordination and cooperation based on decentralized credit in a distributed system without mutual trust by means of data encryption, time stamp, distributed consensus and economic incentive, so as to solve the common high cost, low cost and low cost of centralized institutions Low efficiency and data storage insecurity provide solutions
the application fields of blockchain include digital currency, token, finance, anti-counterfeiting traceability, privacy protection, supply chain, entertainment, etc. with the popularity of blockchain and bitcoin, many related top domain names have been registered, which has a great impact on the domain name instry.
3. It is also said that it is better to find the local network information management office to protect rights, or to report to the network management department of the local public security organ.
4. "Pig factory" star (Netease star)
Netease is the first batch of applications in China to launch blockchain technology - star. Before the star, Netease had launched "Zhaocai cat", which was later stopped by the state. The planet app can now be downloaded from the app store and has entered the official promotion stage. So what's the purpose of this app? Two concepts are defined in the planet: the black diamond and the force. Black diamond is a virtual currency similar to bitcoin, which can be exchanged for consumption on the later Netease platform. The force is similar to the calculation force, that is, the output capacity of mining. The higher the force is, the more black diamonds will be proced. There are 77 black diamonds in the black diamonds list. On March 27, the planet app will open the exchange and consumption auction of black diamonds, so that the value of black diamonds can be verified. App will proce an indefinite number of black diamonds in a period of time. Users only need to collect them in 48 hours to continuously proce them. In the later stage, they trade through the accumulated black diamonds. As for the value of black diamonds, they need to be evaluated in the later stage
planet app homepage and auction notice
Black Diamond ranking and mining records
Star keyword introction and invitation code
gongxinbao (personal public trust generates value)
gongxinbao itself is a decentralized data exchange, a technology company specialized in blockchain technology. Its app, gongxinbao, has a million level registration, and is also a mobile phone "mining" proct. This app mainly relies on the binding of personal information to generate a public chain of public trust chain, which increases the computing power through the binding of personal information to proce virtual currency. There are many kinds of virtual currency: GXS, ATM, candy, MAG, STC, UIP. A variable quantity of a currency is generated at a time. The binding of personal information includes face recognition, Alipay / Taobao, learning letter network, operators, Jingdong, credit card email account, binding GXS wallet and backup wallet. The more information is bound, the stronger the computing power is, and the more virtual coins are proced. At present, the output of gongxinbao virtual currency has no specific application scope, but gongxinbao itself and many enterprises should have a lot of related functions in the later stage of cooperation<
gongxinbao app homepage
related computing power acquisition and description
insurwallet - blockchain insurance project
this is a blockchain proct based on insurance business, which is not as popular as the above two procts, but this event has launched the blockchain technology application of corresponding exchange business, which almost kills the above two applications. Although app can only be exchanged for online payment security insurance now, this behavior is similar to the meaning of exchanging 10000 bitcoin for pizza in that year. The virtual currency has a certain value. The application also generates insur currency based on computing power, which can be obtained by inviting friends and checking in. The positioning of this application identity is very accurate, which belongs to the blockchain technology of insurance project, but the development direction is not very clear, and the later development needs to be observed. Maybe it's also possible to exchange auto insurance, health insurance and endowment insurance later.
Netease is the first batch of applications in China to launch blockchain technology - star. Before the star, Netease had launched "Zhaocai cat", which was later stopped by the state. The planet app can now be downloaded from the app store and has entered the official promotion stage. So what's the purpose of this app? Two concepts are defined in the planet: the black diamond and the force. Black diamond is a virtual currency similar to bitcoin, which can be exchanged for consumption on the later Netease platform. The force is similar to the calculation force, that is, the output capacity of mining. The higher the force is, the more black diamonds will be proced. There are 77 black diamonds in the black diamonds list. On March 27, the planet app will open the exchange and consumption auction of black diamonds, so that the value of black diamonds can be verified. App will proce an indefinite number of black diamonds in a period of time. Users only need to collect them in 48 hours to continuously proce them. In the later stage, they trade through the accumulated black diamonds. As for the value of black diamonds, they need to be evaluated in the later stage
planet app homepage and auction notice
Black Diamond ranking and mining records
Star keyword introction and invitation code
gongxinbao (personal public trust generates value)
gongxinbao itself is a decentralized data exchange, a technology company specialized in blockchain technology. Its app, gongxinbao, has a million level registration, and is also a mobile phone "mining" proct. This app mainly relies on the binding of personal information to generate a public chain of public trust chain, which increases the computing power through the binding of personal information to proce virtual currency. There are many kinds of virtual currency: GXS, ATM, candy, MAG, STC, UIP. A variable quantity of a currency is generated at a time. The binding of personal information includes face recognition, Alipay / Taobao, learning letter network, operators, Jingdong, credit card email account, binding GXS wallet and backup wallet. The more information is bound, the stronger the computing power is, and the more virtual coins are proced. At present, the output of gongxinbao virtual currency has no specific application scope, but gongxinbao itself and many enterprises should have a lot of related functions in the later stage of cooperation<
gongxinbao app homepage
related computing power acquisition and description
insurwallet - blockchain insurance project
this is a blockchain proct based on insurance business, which is not as popular as the above two procts, but this event has launched the blockchain technology application of corresponding exchange business, which almost kills the above two applications. Although app can only be exchanged for online payment security insurance now, this behavior is similar to the meaning of exchanging 10000 bitcoin for pizza in that year. The virtual currency has a certain value. The application also generates insur currency based on computing power, which can be obtained by inviting friends and checking in. The positioning of this application identity is very accurate, which belongs to the blockchain technology of insurance project, but the development direction is not very clear, and the later development needs to be observed. Maybe it's also possible to exchange auto insurance, health insurance and endowment insurance later.
5. This is the second part of a series of articles on "key elements of becoming a better blockchain". Although decentralization is not an end in itself, it is a means to many ends, including resistance to censorship, corruption and collusion. Inclusive institutions with multi participation; And a fair distribution of wealth, power and influence. Decentralization is not suitable for most applications because of its low efficiency and high cost. However, for those applications that need decentralization, the underlying platform is much more reliable than the oral decentralized services. Did we go to the center? I want to remind us that decentralization is multidimensional, far from binary. Another closely related topic is unlicensed authorization, which will also be discussed here: allowing anyone anywhere to contribute to a project, platform or community is one of the most important parts of the spirit of decentralization
are there multiple client applications? There are two schools of thought. One assumption is that a single normative client application can concentrate limited resources on one project, and a development team can communicate more easily, which will maximize the success rate and competitiveness compared with other platforms. In addition, a single client application can prevent consensus failure caused by local account book inconsistency of different nodes (at least as long as each node upgrades its software after hard forking). On the other hand, the existence of multiple clients will make the network more likely to survive attacks (one client may stop block proction completely) or consensus failure (one or more clients cannot run the protocol correctly, which may lead to wrong block or stop block proction completely). In fact, both happened in Ethereum. But there are more subtle reasons. Firstly, the parallel application of multiple clients reces the dominant influence of a single core development team on the network, which is one of the biggest problems of bitcoin governance (zcash foundation will also decide to build a second zcash client to balance the power of electric coin). Moreover, different clients may make different architecture decisions and have different advantages (for example, mining, data search), and using different languages to write clients can enable more developers to participate in core development. Although parallel applications and beta applications are very good, the mainstream is the main network client: for example, bitcoin has at least 15 client applications, but 97% of the nodes run a program, that is, bitcoin core
how many organizations control mining computing power? The more parties involved in mining, the more difficult it is to collude with each other to engage in selfish mining, or to engage in double flower attacks (commonly known as 51% attacks, but the actual mathematical principles are more complex). This is not a hypothetical risk, as it has occurred in networks such as Ethereum classic and bitcoin gold. In addition, more miners means a fairer distribution of mining rewards. Although many indivial miners may participate in mining, because of incentives, they will gather in a few mines, and even a seemingly decentralized network may rely on a few entities for Mining: the three largest Ethereum mines jointly control 60% of the total power, while bitcoin's top four mines account for about 56%.
are there multiple client applications? There are two schools of thought. One assumption is that a single normative client application can concentrate limited resources on one project, and a development team can communicate more easily, which will maximize the success rate and competitiveness compared with other platforms. In addition, a single client application can prevent consensus failure caused by local account book inconsistency of different nodes (at least as long as each node upgrades its software after hard forking). On the other hand, the existence of multiple clients will make the network more likely to survive attacks (one client may stop block proction completely) or consensus failure (one or more clients cannot run the protocol correctly, which may lead to wrong block or stop block proction completely). In fact, both happened in Ethereum. But there are more subtle reasons. Firstly, the parallel application of multiple clients reces the dominant influence of a single core development team on the network, which is one of the biggest problems of bitcoin governance (zcash foundation will also decide to build a second zcash client to balance the power of electric coin). Moreover, different clients may make different architecture decisions and have different advantages (for example, mining, data search), and using different languages to write clients can enable more developers to participate in core development. Although parallel applications and beta applications are very good, the mainstream is the main network client: for example, bitcoin has at least 15 client applications, but 97% of the nodes run a program, that is, bitcoin core
how many organizations control mining computing power? The more parties involved in mining, the more difficult it is to collude with each other to engage in selfish mining, or to engage in double flower attacks (commonly known as 51% attacks, but the actual mathematical principles are more complex). This is not a hypothetical risk, as it has occurred in networks such as Ethereum classic and bitcoin gold. In addition, more miners means a fairer distribution of mining rewards. Although many indivial miners may participate in mining, because of incentives, they will gather in a few mines, and even a seemingly decentralized network may rely on a few entities for Mining: the three largest Ethereum mines jointly control 60% of the total power, while bitcoin's top four mines account for about 56%.
6.
Blockchain is full of novel games. They are unique. Once it's owned by you, it can't be copied, modified or destroyed by anyone. This is the advertisement of blockchain game. This is a blockchain game. You can have a look at it< br />
7. Instead of investing in virtual currency, Li Ka Shing's investment company, Victoria Harbour, has invested in bipay, an internationally renowned bitcoin payment company
South China Morning Post reported on December 27 that Li Ka Shing's Victoria Harbour investment took a stake in bitpay, which is also regarded as a way to "find another way" to dig gold from the virtual currency business
the report continued that a spokesman for bitpay said he was "deeply honored" to support investors including Victoria Harbour investment
nowadays, many international giants have accepted bitcoin payment, such as Microsoft, Dell and so on. In China, the payment function of bitcoin is not feasible, which is mostly a means of speculation. But there are also innovations. For example, Ruitai coin mainly promotes asset packaging, which is a kind of asset voucher, while Qianjin card mainly focuses on overseas luxury purchasing market.
South China Morning Post reported on December 27 that Li Ka Shing's Victoria Harbour investment took a stake in bitpay, which is also regarded as a way to "find another way" to dig gold from the virtual currency business
the report continued that a spokesman for bitpay said he was "deeply honored" to support investors including Victoria Harbour investment
nowadays, many international giants have accepted bitcoin payment, such as Microsoft, Dell and so on. In China, the payment function of bitcoin is not feasible, which is mostly a means of speculation. But there are also innovations. For example, Ruitai coin mainly promotes asset packaging, which is a kind of asset voucher, while Qianjin card mainly focuses on overseas luxury purchasing market.
8. I can't stand other people's deception
9. On the Pishon platform, the real decentralized DAPP solves the problems of traditional projects, such as the boss running away, closing the network, and policy harmony.
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