Blockchain decentralization scenario

1. Chongqing jinwowo: the decentralized trust mechanism means that first of all, blockchain projects need to complete the recognized accuracy of information records. In terms of pure digital business, the purpose and value of blockchain can be achieved by ensuring the recognized accuracy.

2.

The decentralization of blockchain refers to the form of social relations and content generation formed in the process of blockchain development. It is a new network content proction process relative to "centralization"

blockchain is an important concept of bitcoin, which is essentially a decentralized database. At the same time, as the underlying technology of bitcoin, it is a series of data blocks generated by using cryptographic methods. Each data block contains the information of a batch of bitcoin network transactions, which is used to verify the effectiveness of its information (anti-counterfeiting) and generate the next block

blockchain is unified in the whole network, so it is logically centralized. From the perspective of architecture, blockchain is based on peer-to-peer network, so it is decentralized. From the perspective of governance, blockchain makes it difficult for a few people to control the whole system through consensus algorithm, so it is decentralized

extended data:

characteristics of blockchain Decentralization:

decentralization, not without the center, but by the node to freely choose the center, freely determine the center. In short, centralization means that the center determines the node. The node must depend on the center, and the node cannot survive without the center

in a decentralized system, anyone is a node, and anyone can be a center. Any center is not permanent, but phased, and no center is mandatory for nodes

with the diversification of network service forms, the decentralized network model becomes more and more clear and possible. After the rise of Web2.0, the services provided by Wikipedia, Flickr, blogger and other network service providers are decentralized. Any participant can submit content, and Internet users can create or contribute content together

reference source: network blockchain

reference source: Network decentralization

3. Decentralization is a subversive feature of blockchain technology. It does not need centralized agent and realizes a kind of point-to-point direct interaction, which makes the information interaction mode of high efficiency, large scale and no centralized agent become a reality
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.

4. Chongqing jinwowo network: decentralization, which is different from the traditional way of centralization. There is no center, or everyone is the center; Distributed ledger database means that the recording method is not only to store the ledger data in each node, but also to share and the data of the whole ledger synchronously. At the same time, blockchain also has the characteristics of disintermediation and information transparency.

5. Decentralizing is not to do without the center, but to let the nodes freely choose and decide the center. In short, centralization means that the center determines the node. The node must depend on the center, and the node cannot survive without the center. In a decentralized system, anyone is a node, and anyone can be a center. Any center is not permanent, but phased, and no center is mandatory for nodes. At present, many projects are being decentralized. GSN social bank is also decentralized. However, GSN reces the cost of credit investigation and enables unlimited use and sharing of trust data. GSN can greatly rece the false problem of massive data, so that data collection, processing and use can have better convenience. GSN expands the coverage of credit evaluation, expands the scale of the community, and uses distributed technology to collect data and information of user groups that can not be considered in the traditional mode through surveys. At the same time, GSN can carry out credit evaluation for special groups, that is, those who have no registered bank accounts but can contact with the Internet, so as to expand the scope of credit proct services. GSN reces the cost of credit proct management, so that credit evaluation, pricing, contracts can be automatically executed and managed without additional human participation, which greatly reces the cost of credit proct management, and greatly improves the scale of bank credit business processing. GSN improves the ability of credit to create value. Through the trust mechanism in the chain, the whole process of credit procts can have the ability of dynamic programming, which effectively expands the space of credit procts to create value.

6.

The characteristics of decentralization in blockchain technology are 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: there is no need to trust each other when participating in the data exchange between each node in the whole system. The operation rules of the whole system are open and transparent, and all data contents are also open. Therefore, in the specified rule range and time range of the system, nodes cannot and cannot cheat other nodes

3. Collective maintenance: the data blocks in the system are jointly maintained by all the nodes with maintenance function in the whole system, and these nodes with maintenance function can be participated by anyone

extended data

blockchain technology has never excluded supervision, and supervision nodes can easily access any blockchain network. Because of the openness and transparency of the blockchain, the regulatory authorities can monitor the transaction data of the whole system more conveniently, and because of the anti tampering property of the blockchain

once a transaction occurs, it can't be changed or deleted, so it's impossible for the data fraud to hoodwink the supervision, which is more concive to the supervision of the regulatory authorities on the market behavior. Thus, blockchain will become an important tool for regulatory Technology (regtech)

source: network blockchain