Is decentralization a feature of blockchain
jinwowo group will use blockchain technology to promote the legalization of big data business. The encryption of blockchain technology can ensure that the privacy of data sources can be better protected when big data is called, so as to eliminate the bad phenomenon of illegal reselling of big data and rebuild the rules of legal circulation and application in the data market.
1. The central node grasps the information of distributed nodes
2. The sub nodes do not master the information of other nodes (centralization, non-public transactions)
moreover, the pain point of centralization is that the security of the system depends on the security of the central node, and the distributed node has no control over it.
The essence of decentralization in blockchain technology is decentralization, distrust and collective maintenance
Decentralization: there is no centralized hardware or management organization in the whole network, the rights and obligations of any node are equal, and the damage or loss of any node will not affect the operation of the whole system. Therefore, it can also be considered that the blockchain system has excellent robustness
2. Distrust: the data exchange between each node in the whole system does not need mutual trust. The operation rules of the whole system are open and transparent, and all data contents are open. Therefore, within the specified rule range and time range of the system, nodes can not and cannot cheat other nodes
3. Collective maintenance: data blocks in the system are jointly maintained by all nodes with maintenance function in the whole system, and these nodes with maintenance function can be participated by anyone
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extended data:
blockchain technology never excludes supervision, and supervision nodes can easily access any blockchain network. Due to the open and transparent nature of blockchain, regulators can more easily monitor the transaction data of the whole system, and because of its tamper proof nature
once a transaction occurs, it cannot be changed or deleted, and it is impossible to cheat the supervision by data fraud, which is more concive for the supervision department to supervise the market behavior. Therefore, blockchain will become an important tool of regtech
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
openness. Blockchain technology is based on 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
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