Summary of network virtual currency
Publish: 2021-04-26 11:44:55
1.
1、 Different definitions:
1. virtual currency:
virtual currency refers to non real currency
digital currency:digital currency is an alternative currency in the form of electronic currency. Both digital gold coin and cryptocurrency belong to digiccy
3. Cryptocurrency:
cryptocurrency is a kind of transaction medium that uses cryptography principles to ensure transaction security and control the creation of transaction units
4. Token (token):
a kind of article whose shape and size are similar to currency, but the scope of use is limited and has no currency effect, and its token is the homonym of token in English
Second, the characteristics are different:1; It can also be said that virtual currency is personalized currency. In another way, it can also be called information currency
2. Digital currency:
is an unregulated and digital currency, which is usually issued and managed by developers and accepted and used by members of specific virtual communities
Cryptocurrency:cryptocurrency is based on the decentralized consensus mechanism, which is opposite to the banking and financial system relying on the centralized regulatory system
4. Token (token):
usually needs to be exchanged for money, used in shops, playgrounds, mass transportation and other places, as a voucher to use services and exchange goods
extended data
at present, digital currency is more like an investment proct, because it lacks a strong guarantee agency to maintain its price stability, and its role as a value measure has not yet appeared, so it can not be used as a means of payment. As an investment proct, digital currency cannot develop without trading platform, operating company and investment company
digital currency is a double-edged sword. On the one hand, the blockchain technology it relies on has been decentralized and can be used in other fields except digital currency, which is one of the reasons why bitcoin is popular; On the other hand, if digital currency is widely used by the public as a kind of currency, it will have a huge impact on the effectiveness of monetary policy, financial infrastructure, financial market and financial stability
2. Bitcoin is a kind of virtual currency, which is characterized by decentralization, anonymity, and can only be used in the digital world. It does not belong to any country or financial institution, and is not subject to geographical restrictions. It can be exchanged in the world
reference link: http://wuhan.pbc.gov.cn/wuhan/2929354/3393665/index.html
reference link: http://wuhan.pbc.gov.cn/wuhan/2929354/3393665/index.html
3. Learning experience of attending the counselor training class of Ministry of ecation
Wang
garrison
2009
year
4
month
19
day -
4
month
30
day, I had the honor to participate in the second post training class of College Counselors in Jilin Province,
sincerely thank the school for creating conditions for me,
provides me with the opportunity to learn from senior leaders and experts in this field, and creates a platform for me and other college counselors to communicate with each other<
this training course is the only one with the highest level of experts, the longest learning time, the most complete learning
content and the most activities I have participated in since I came to China.
it has benefited me a lot< The experts of the training course are Xu Yanguo, director of the ideological and Political Work Department of the Ministry of ecation,
Weng, Deputy Secretary General of Shanghai municipal government,
tie Hui,
professor of China Youth College of political science,
doctoral supervisor,
Lu Shizhen, President of the Youth Development Research Institute of China Youth College of political science,
director of China Mental Health Association, and
fan Fumin, chairman of College Students' psychological counseling professional committee,
Qing Dynasty,
professor and doctoral supervisor of China University,
Bing Zheng, professor and doctoral supervisor of Jilin Academy of Social Sciences,
Secretary General of China Ethics Society,
director of ethics and morality research center of Renmin University of China,
professor of Renmin University of China,
Wu Qiantao, professor and doctoral supervisor of Jilin University Gao Wenxin, doctoral supervisor and assistant to the president, Zhang Yanyan, deputy secretary of the Party committee of Peking University, and other senior leaders and ecation experts on the ideological and political ecation front< The contents of the study include the leaders of the general headquarters of Ideological and political work of our students explaining to us the role orientation of today's counselors, the national policy for counselors, the growth and outlet of today's counselors, etc; There are senior experts from the ecational front of colleges and universities to teach us the characteristics of contemporary youth and the methods of mental health ecation< There are some current
famous leaders of student affairs in Colleges and universities who teach us the ideological and political work in typical colleges and universities
there is an introction about the student work of the key universities of the Ministry of ecation
there is an outstanding representative of counselors working in the front line like us, the national excellent assistant director Li Qin
the training course enables us to receive all-round training in all aspects< During the training period,
we also participated in two forums and two visits to Northeast Normal University, which enhanced our communication and knowledge< Through the training, I have the following experiences, which are reported as follows:
first, I fully realized the importance of counselors' work, understood the relevant background and policies of the state in the ideological and political work in Colleges and universities, and was encouraged
Xu Yanguo, director of the ideological and Political Work Department of the Ministry of ecation, pointed out in the training, The team of counselors is the personal guard of the party and the state, and the task of counselors is to train qualified socialist builders and reliable successors<
"it's easy to get a good teacher,
it's hard to get a good teacher"
,
this sentence puts the role of counselors in the work of ecating people in a lofty position,
as a counselor, we should not only teach students to survive,
but also teach students to be human beings,
it's extremely noble to be a tutor and good teacher< As a teacher who has direct contact with students' study and life,
counselors' speech and behavior not only affect the formation of students' Outlook on life,
world outlook,
values,
but also affect the growth of students< Therefore,
college counselors must fully understand their responsibilities,
further enhance their sense of honor,
sense of responsibility and historical mission,
take on the sacred mission of cultivating excellent talents for the party and the country,
promoting the prosperity and development of the motherland< At the same time, director Xu pointed out that in order to thoroughly implement the spirit of the opinions of the CPC Central Committee and the State Council on Further Strengthening and improving the ideological and political ecation of college students and effectively strengthen the construction of college counselors,
the Ministry of ecation formulated the
regulations on the construction of college counselors on May 20, 2006, which put forward the orientation of college counselors. College counselors are both teachers and administrators, organizers, implementers and instructors of students' daily ideological and political ecation,
they are intimate friends and life mentors for the healthy growth of college students< According to the regulations, counselors should account for a certain proportion in the evaluation and employment of university teachers, the evaluation criteria should be independent, the evaluation criteria should be in line with the actual work of counselors, and the achievement identification should be flexible< Director Xu pointed out that in the future, the Ministry of ecation should organize regular training for counselors in combination with the improvement of their comprehensive quality, and organize the selection of national excellent counselors, so as to create a good platform and environment for the growth of counselors< In combination with the Ministry of ecation '
24
orders, director Xu showed us the importance, background and future development of counselors' work.
the Ministry of ecation's training for college counselors and the training for college counselors in the whole province organized by the research base fully illustrated the importance that the state and higher ecation departments attach to the work of counselors and students,
feel much more drum
dance, more energetic< Second, we should fully realize that we should improve our ability and quality to adapt to the student work in the new period. How to meet these new expectations and requirements and solve the problems existing in the current
student work is a problem that must be faced up to and urgently needed to be solved in order to do a good job of College Counselors in the new period< Through the explanation and teaching of relevant leaders and experts in the training process,
I deeply realize that the counselors in the new period are not the former nanny counselors,
fire brigade counselors and management counselors<
contemporary counselors should understand the importance of their work,
deeply understand and master the knowledge of mental health,
be familiar with the characteristics of the working group,
implement the party's major policies into the student work,
be an expert counselor,
only in this way can
have the ecational effect on students. After listening to the reports of experts, I deeply realize that
I have many shortcomings in student work
these deficiencies include,
insufficient cognition of students,
insufficient level and structure of self-knowledge,
insufficient ability to solve students' psychological problems,
insufficient ability to keep pace with the times and do a good job in students' work,
insufficient theoretical literacy. In the future work, we must face up to these shortcomings,
be determined, planned and step-by-step to supplement and improve, make up for the deficiencies, improve their ability and quality,
strive to be a qualified college counselor,
adapt to the needs of the post,
meet the new requirements and expectations of the majority of students in the new period and new stage
three, fully aware of the advanced nature of the instructor's model, and realize that there is a big gap between
training course. We invite the national excellent counsellor and the national excellent student Huang Lai daughter's counsellor
ring the training, experts have repeatedly mentioned the last national excellent counselors
Fudan University "forgive me", and I was deeply impressed by the touching deeds of the two excellent counselors<
1
, to be a conscientious person
"words of inclusion" is the epitome of the work of an ordinary college counselor, her behavior is very ordinary,
very ordinary,
it can be said that as long as a counselor who has been with students for four years, she will experience the trivial work of inclusion,
as long as she has a little sympathy and a little sense of responsibility
responsible teachers will sincerely pay for the students,
every senior
school counselor has a certain writing ability at the same time,
but why is there only one
inclusive heart language
only one inclusion? It shows that we are not living with our heart,
working with our heart
of course,
we can say that there are too many
trivial tasks that make us have no time,
especially when there are large-scale activities or important periods,
we don't even have time to sleep,
but we can't do it every day, every week, every month,
including diary,
I believe she doesn't have so much time to write diary,
what she wrote was weekly notes
this shows that inclusion is a person who has a heart of
and a heart of
life, he will certainly have a heart of work,
in order to serve the students well in his work,
lead the way<
2
, be a person without regret and selfless dedication
Li Qin put forward his theory of paratroopers in his report: if a person asks a paratrooper, you may be surrounded and arrested by the enemy as soon as you fly,
aren't you afraid? The paratrooper replied:
we paratroopers were born surrounded
- we want to be people who have no regrets,
we want to be people who give selflessly
I think it's very vivid and appropriate for counselors to
talk,
we should agree< The story of Li Qin and his classmates helping Huang Lainu and his father selflessly in his report has infected everyone,
this kind of help has surpassed the level of teachers and students,
and even the level of relatives, which shows that he has fully understood and applied the theory of paratroopers to his work practice.
Wang
garrison
2009
year
4
month
19
day -
4
month
30
day, I had the honor to participate in the second post training class of College Counselors in Jilin Province,
sincerely thank the school for creating conditions for me,
provides me with the opportunity to learn from senior leaders and experts in this field, and creates a platform for me and other college counselors to communicate with each other<
this training course is the only one with the highest level of experts, the longest learning time, the most complete learning
content and the most activities I have participated in since I came to China.
it has benefited me a lot< The experts of the training course are Xu Yanguo, director of the ideological and Political Work Department of the Ministry of ecation,
Weng, Deputy Secretary General of Shanghai municipal government,
tie Hui,
professor of China Youth College of political science,
doctoral supervisor,
Lu Shizhen, President of the Youth Development Research Institute of China Youth College of political science,
director of China Mental Health Association, and
fan Fumin, chairman of College Students' psychological counseling professional committee,
Qing Dynasty,
professor and doctoral supervisor of China University,
Bing Zheng, professor and doctoral supervisor of Jilin Academy of Social Sciences,
Secretary General of China Ethics Society,
director of ethics and morality research center of Renmin University of China,
professor of Renmin University of China,
Wu Qiantao, professor and doctoral supervisor of Jilin University Gao Wenxin, doctoral supervisor and assistant to the president, Zhang Yanyan, deputy secretary of the Party committee of Peking University, and other senior leaders and ecation experts on the ideological and political ecation front< The contents of the study include the leaders of the general headquarters of Ideological and political work of our students explaining to us the role orientation of today's counselors, the national policy for counselors, the growth and outlet of today's counselors, etc; There are senior experts from the ecational front of colleges and universities to teach us the characteristics of contemporary youth and the methods of mental health ecation< There are some current
famous leaders of student affairs in Colleges and universities who teach us the ideological and political work in typical colleges and universities
there is an introction about the student work of the key universities of the Ministry of ecation
there is an outstanding representative of counselors working in the front line like us, the national excellent assistant director Li Qin
the training course enables us to receive all-round training in all aspects< During the training period,
we also participated in two forums and two visits to Northeast Normal University, which enhanced our communication and knowledge< Through the training, I have the following experiences, which are reported as follows:
first, I fully realized the importance of counselors' work, understood the relevant background and policies of the state in the ideological and political work in Colleges and universities, and was encouraged
Xu Yanguo, director of the ideological and Political Work Department of the Ministry of ecation, pointed out in the training, The team of counselors is the personal guard of the party and the state, and the task of counselors is to train qualified socialist builders and reliable successors<
"it's easy to get a good teacher,
it's hard to get a good teacher"
,
this sentence puts the role of counselors in the work of ecating people in a lofty position,
as a counselor, we should not only teach students to survive,
but also teach students to be human beings,
it's extremely noble to be a tutor and good teacher< As a teacher who has direct contact with students' study and life,
counselors' speech and behavior not only affect the formation of students' Outlook on life,
world outlook,
values,
but also affect the growth of students< Therefore,
college counselors must fully understand their responsibilities,
further enhance their sense of honor,
sense of responsibility and historical mission,
take on the sacred mission of cultivating excellent talents for the party and the country,
promoting the prosperity and development of the motherland< At the same time, director Xu pointed out that in order to thoroughly implement the spirit of the opinions of the CPC Central Committee and the State Council on Further Strengthening and improving the ideological and political ecation of college students and effectively strengthen the construction of college counselors,
the Ministry of ecation formulated the
regulations on the construction of college counselors on May 20, 2006, which put forward the orientation of college counselors. College counselors are both teachers and administrators, organizers, implementers and instructors of students' daily ideological and political ecation,
they are intimate friends and life mentors for the healthy growth of college students< According to the regulations, counselors should account for a certain proportion in the evaluation and employment of university teachers, the evaluation criteria should be independent, the evaluation criteria should be in line with the actual work of counselors, and the achievement identification should be flexible< Director Xu pointed out that in the future, the Ministry of ecation should organize regular training for counselors in combination with the improvement of their comprehensive quality, and organize the selection of national excellent counselors, so as to create a good platform and environment for the growth of counselors< In combination with the Ministry of ecation '
24
orders, director Xu showed us the importance, background and future development of counselors' work.
the Ministry of ecation's training for college counselors and the training for college counselors in the whole province organized by the research base fully illustrated the importance that the state and higher ecation departments attach to the work of counselors and students,
feel much more drum
dance, more energetic< Second, we should fully realize that we should improve our ability and quality to adapt to the student work in the new period. How to meet these new expectations and requirements and solve the problems existing in the current
student work is a problem that must be faced up to and urgently needed to be solved in order to do a good job of College Counselors in the new period< Through the explanation and teaching of relevant leaders and experts in the training process,
I deeply realize that the counselors in the new period are not the former nanny counselors,
fire brigade counselors and management counselors<
contemporary counselors should understand the importance of their work,
deeply understand and master the knowledge of mental health,
be familiar with the characteristics of the working group,
implement the party's major policies into the student work,
be an expert counselor,
only in this way can
have the ecational effect on students. After listening to the reports of experts, I deeply realize that
I have many shortcomings in student work
these deficiencies include,
insufficient cognition of students,
insufficient level and structure of self-knowledge,
insufficient ability to solve students' psychological problems,
insufficient ability to keep pace with the times and do a good job in students' work,
insufficient theoretical literacy. In the future work, we must face up to these shortcomings,
be determined, planned and step-by-step to supplement and improve, make up for the deficiencies, improve their ability and quality,
strive to be a qualified college counselor,
adapt to the needs of the post,
meet the new requirements and expectations of the majority of students in the new period and new stage
three, fully aware of the advanced nature of the instructor's model, and realize that there is a big gap between
training course. We invite the national excellent counsellor and the national excellent student Huang Lai daughter's counsellor
ring the training, experts have repeatedly mentioned the last national excellent counselors
Fudan University "forgive me", and I was deeply impressed by the touching deeds of the two excellent counselors<
1
, to be a conscientious person
"words of inclusion" is the epitome of the work of an ordinary college counselor, her behavior is very ordinary,
very ordinary,
it can be said that as long as a counselor who has been with students for four years, she will experience the trivial work of inclusion,
as long as she has a little sympathy and a little sense of responsibility
responsible teachers will sincerely pay for the students,
every senior
school counselor has a certain writing ability at the same time,
but why is there only one
inclusive heart language
only one inclusion? It shows that we are not living with our heart,
working with our heart
of course,
we can say that there are too many
trivial tasks that make us have no time,
especially when there are large-scale activities or important periods,
we don't even have time to sleep,
but we can't do it every day, every week, every month,
including diary,
I believe she doesn't have so much time to write diary,
what she wrote was weekly notes
this shows that inclusion is a person who has a heart of
and a heart of
life, he will certainly have a heart of work,
in order to serve the students well in his work,
lead the way<
2
, be a person without regret and selfless dedication
Li Qin put forward his theory of paratroopers in his report: if a person asks a paratrooper, you may be surrounded and arrested by the enemy as soon as you fly,
aren't you afraid? The paratrooper replied:
we paratroopers were born surrounded
- we want to be people who have no regrets,
we want to be people who give selflessly
I think it's very vivid and appropriate for counselors to
talk,
we should agree< The story of Li Qin and his classmates helping Huang Lainu and his father selflessly in his report has infected everyone,
this kind of help has surpassed the level of teachers and students,
and even the level of relatives, which shows that he has fully understood and applied the theory of paratroopers to his work practice.
4. Bitcoin Ethereum is bullshit. You have missed it in 2009. Can you afford it for an ordinary person now? For example, the current price of bitcoin is more than 70000. According to the summary of my mixed currency circle for many years, SPU is the best choice,
5. Negative or positive. It's too early to draw a conclusion. Take bitcoin as an example. The generation of bitcoin depends on mining constructed by special algorithms. In other words, it is difficult to supply money on a large scale. With the development of Internet in the future, virtual currency such as bitcoin will be useful, provided that this kind of development is expected by today's people. Real money can be obtained by doing something valuable to the society, which is completely different from the generation and acquisition of virtual money. Other similar virtual currencies in China are almost all pyramid schemes with virtual concept and financial packaging.
6. A few words, that is to standardize the online game virtual currency issue transactions
only in a few dozen words can we make it clear, to the effect that it is the first time to define the virtual currency of online games; Engaging in online game virtual currency business needs approval; The issuance and transaction of virtual currency in online games are standardized; Make it clear that virtual currency shall not pay for physical goods; When the service is terminated, the virtual currency must be returned to the user; Severely crack down on the use of virtual currency in gambling and other activities
only in a few dozen words can we make it clear, to the effect that it is the first time to define the virtual currency of online games; Engaging in online game virtual currency business needs approval; The issuance and transaction of virtual currency in online games are standardized; Make it clear that virtual currency shall not pay for physical goods; When the service is terminated, the virtual currency must be returned to the user; Severely crack down on the use of virtual currency in gambling and other activities
7. Bitcoin: also known as "bitcoin", is a kind of network virtual currency. Internet users can use bitcoin to buy some virtual goods, such as clothes, hats and equipment in online games. Internet users can also use bitcoin to buy real goods
the concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's ideas, open source software was designed and released, and P2P network was built on it. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system
unlike most currencies, bitcoin does not rely on specific currency institutions. It is generated by a large number of calculations based on specific algorithms. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design to ensure the security of all aspects of currency circulation.
the concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's ideas, open source software was designed and released, and P2P network was built on it. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system
unlike most currencies, bitcoin does not rely on specific currency institutions. It is generated by a large number of calculations based on specific algorithms. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design to ensure the security of all aspects of currency circulation.
8. There are btc.com mine pool, antpool ant mine pool, f2pool fish pool, viabtc mine pool and btc.top leibit mine pool. If you dig directly here, you can get strong support from the platform and provide enough intimate help.
9.
1. Yuanzhou Decoration Co., Ltd.
in 1997, Beijing Yuanzhou group was founded and became the leader of Beijing home decoration instry. After more than ten years of steady development, Yuanzhou has become a group home decoration enterprise integrating home design service, engineering design service, home experience store, home design / proct / service R & D and home proct proction
Light boat decoration, founded in 1996, is the governing unit of China Architectural Decoration Association and has won many national and municipal honors; It is the most influential decoration company in China's home decoration instry, a famous decoration enterprise in China and a brand enterprise of home decoration; With our sincerity, for customer satisfaction & quot; It is one of the top 50 high growth chain enterprises in China in 2008Qingzhou company is a well-known decoration enterprise with professional qualification grade certificate, a member of China Architectural Decoration Association and a director of Beijing Architectural Decoration Association
Zhejiang Jiuding Architectural Decoration Engineering Co., Ltd., founded in August 1998, is a decoration company specializing in the design and construction of residences, hotels, shops and office buildings. It has the first-class qualification for residential decoration and the second-class qualification for architectural decoration. It is the largest interior decoration enterprise in Zhejiang Provincein the new century, the enterprise has comprehensively developed eight provinces and one city, including Zhejiang, Jiangsu, Anhui, Hunan, Hubei, Shandong, Jiangxi, Fujian and Shanghai, successively established more than 80 branches, eight Dingwang material distribution centers, Zhejiang Jiuding Guarantee Co., Ltd. and Hangzhou Jiuding Aoli home private Co., Ltd., and established a professional website "Jiuding decoration" network, which has initially formed a collectivization The scale of factory and network operation
Beijing City home decoration (Group) Co., Ltd., established in 2002, is a large home decoration enterprise invested by large domestic real estate companies and financial investment institutions. With strong economic strength, the company is a member of China Architectural Decoration Association and Beijing interior decoration Association, and has double B-level qualification of national decoration design and construction Beijing KuoDa decoration group was founded in 1997. Since its establishment, the company has been awarded "grade II qualification of architectural decoration construction", executive director unit of China Architectural Decoration Association, vice president unit of Beijing Architectural Decoration Association and vice president unit of furniture decoration instry association of all China Federation of instry and commerce After 21 years of development, the company is a leading brand in China's home decoration instry Dongyi Risheng decoration company was founded in 1996, which was praised by the media as "a heavy load-bearing wall of China's decoration instry". The brand value is estimated at 1.32 billion. With the home furnishing instry chain as the main line and the customer as the center, we constantly innovate the service system standards, and base ourselves on the middle and high-end home furnishing design and construction, material and furniture and accessories supply, real estate fine decoration design, national franchise brand development, instry professional research and analysis, etc Beijing Yefeng Decoration Co., Ltd.was established in 1997, with the second grade qualification of national construction and the second grade qualification of design. It is mainly engaged in the design, construction and building material supply of residential and large public buildings. It is one of the largest home decoration companies in China, and the only vice president unit of China Building Decoration Association for home decoration enterprises in Beijing
Longfa Group decoration company was founded in Beijing in 1997. It is an AAA level enterprise in the construction instry. It has more than 500 senior construction teams and has many years of decoration construction experience. It has trained the first-class technical level. Environmental protection material high quality environmental protection material is the quality foundation of "perfect home service" Guangdong Xingyi Decoration Co., Ltd.
Guangzhou Huangpu company of Guangdong Xingyi Decoration Group specializes in the decoration design and construction of homes, villas, office buildings, shops, hotels and hotels, as well as building materials, furniture and ornaments, cultural media and other instries
established in 1992 in Guangdong, it is a large-scale enterprise in the national decoration instry and a famous flagship brand in the instry. It has obtained the qualification certificate of the second class enterprise of building decoration engineering construction and the qualification certificate of the second class enterprise of building decoration design, and passed the ISO9001 international quality certification system in 2002
Oufang decoration company, founded in 1998, is a national decoration enterprise with grade II and design grade B qualification; City Decoration Instry Association executive director unit. After more than ten years of steady development, it has won many awards, such as Shanghai famous brand enterprise, Shanghai service integrity advanced enterprise, Shanghai decoration instry pacesetter enterprise, national top 100 enterprises in residential decoration instry, etc
10. 1. Technical support of borderless system
1) efficient and scalable performance
borderless system realizes over 100000 times / s batch transfer
high performance blockchain technology is necessary for cryptocurrency and smart contract platform, and can provide a solution that may replace the existing financial platform for the instry. In order to be able to process more transactions per second than visa and MasterCard, unbounded redesign starts from the bottom. Through the share authorization mechanism, the unbounded network can confirm more than 100000 transfer transactions in an average of one second
overview of borderless system architecture. The Lmax can process up to 6 million transactions per second. The key point of unbounded learning from its technology, As follows:
A) put everything in memory
b) put the core business logic in a single thread
C) put the encryption algorithm operation (hash and signature) outside the core business logic
d) divide the verification operation into state independent and state dependent checking
e) use an object-oriented data model
by following these simple rules, Unbounded can process 100000 transfers per second without disruptive optimization. If there is further optimization work, unbounded can achieve the performance similar to that of Lmax exchange (i.e. 6 million times per second). It should be noted that unbounded performance is highly dependent on one of the compatible transaction protocols. If you want to use business logic to run on a virtual machine that operates encryption algorithm and calls all objects with hash identifier, it is impossible to achieve the same level of performance. Blockchain is inherently single threaded, and the performance of single core CPU is one of the most scarce and difficult to expand. Unbounded technical logic can make the single thread execution highly efficient
endorsement of core business of borderless system
blockchain is a global account book that determines to modify a shared global state transaction. The orders contained in these transactions can change the validity of other transactions. For example, you cannot withdraw money from your bank account before the deposit of your check takes effect. You can't know if a transaction is valid until all previous transactions that can affect a particular account are processed. If two unrelated accounts do not share any common dependency, theoretically, the transactions between the two accounts can be processed at the same time. In fact, it's tricky to identify which transactions are truly independent on a smart contract driven ledger with arbitration conditions. The only way to ensure that the two transactions are truly independent is by maintaining a completely separate ledger and then transferring value between them on a regular basis. If we want to use this kind of performance tradeoff to compare, it can be like the relationship between non-uniform memory access (NUMA) and uniform memory access (UMA). In fact, the consistent memory access architecture is easier for developers to design, and the cost is lower. Inconsistent memory access architecture is usually used as a last resort when building supercomputers and large computer clusters. The computer instry has graally realized that it is not as easy to achieve performance expansion through parallel computing as it was in the early days. After all, the most important thing to do at that time was to increase the frequency of the processor. It is for this reason that processor designers are trying to improve the performance of single thread before trying to use multi thread settings. When multithreading is not enough, and only in this way, cluster computing will be considered
many people in the cryptocurrency instry try to solve the problem of scalability by cluster computing before exploring what can be achieved by a single core of a computer technically
2) Lmax disruptor decomposer technology
Lmax decomposer provides a learning example of what can be achieved on a single thread. Lmax is a trading platform for end customers with the goal of becoming the fastest exchange in the world. They have been very generous in publishing what they have learned<
overview of Lmax architecture:
business logic processor is where all sequential transactions and order matching occur. It is a single thread that can process millions of orders per second. This architecture can be easily used in the field of cryptocurrency and blockchain design. The role of the input resolver is to collect orders from many users from different sources and assign them to a certain order. When the order is assigned to them, they are copied, recorded and broadcast to many rendant business logic processors. The input resolver is highly parallel and can be easily sub contracted into a computer cluster system. When the business logic processor has finished processing the input, an output resolver is responsible for informing those who care about the result. This is also a highly parallel task. Finally, by using a single threaded sample processor and Java virtual machine in the business logic processor, Lmax can execute 6 million transactions per second. If Lmax can achieve this goal, then cryptocurrency and smart contract platform do not need to consider the cluster network solution under the condition of less than 10 transactions per second. High performance blockchain
to build a high-performance blockchain, we need to use the same technology as Lmax. Here are a few things that must be done: put everything in memory, avoid synchronization primitives (locking, atomic operations), and avoid unnecessary calculations on business logic processors. Because memory is designed to be highly parallel, it's getting cheaper. The amount of data needed to track everyone's account balance and permissions on the Internet can be stored in less than 1TB of ram, which can be purchased for less than $15000, and can be installed on the commercialized (high-end) server motherboard. Before the system was adopted by 3 billion people, this kind of hardware would be seen in ordinary desktop computers. The real bottleneck is not the demand of memory capacity, but the demand of bandwidth. In the case of 1 million transactions per second and 256 bytes per transaction, the network will need 256MB of data per second, that is, 1GBIT / s bandwidth. Such bandwidth is not common on ordinary desktop computers. However, such bandwidth is only a little bit of the 100Gbit / s bandwidth of the second generation Internet. The second-generation Internet is available to more than 210 U.S. ecational institutions, 70 companies and 45 non-profit and government agencies
in other words, blockchain technology can easily keep everything in memory, and if properly designed, it can be extended to support millions of transfers per second
3) allocate ID and avoid hash calculation
in a single threaded system, processor cycle is a scarce resource that needs to be reserved. Traditional blockchain design uses hash calculation based on encryption algorithm to generate a unique global ID system, so as to ensure that there will be no collision statistically. The problem with these hashes is that they consume more and more memory and processor cycles. Compared with a direct array index, this method will significantly take up more processor time to find the records of an account. For example, 64 bit integers are easier to compare and operate than 160 bit IDs. A larger hash ID mechanism means less space in the CPU cache and more memory is needed. In the modern operating system, the ram which is not often accessed will be compressed, but the hash identifier is a random number, which cannot be compressed. The model blockchain gives us a way to assign unique IDs around the world. These IDS will not conflict with each other. Therefore, it completely avoids using the identifier based on hash algorithm like bitcoin address to refer to an account, balance or license
4) remove signature verification from the business logic processor
all transactions in the cryptocurrency network depend on the use of encryption algorithm signature to verify permissions. In most cases, the requested permissions can be changed by the results of other transactions. This means that in the business logic processor, permissions need to be defined as a case that has nothing to do with the calculation of encryption algorithm
to achieve this goal, all public keys need to be assigned a unique and irreplaceable ID. After the ID is assigned, the input resolver can verify whether the provided signature matches the specified ID. When the transaction arrives at the business logic processor, you just need to check the ID
the same technology can remove prerequisite checking on objects with irreplaceable static IDs
5) designing transactions for static verification
for transactions, there are many features that can be statically checked without referring to the current global state. These checks include parameter range checking, input de rendancy and array sorting. In general, there are a lot of checks that can be done if the transaction contains data that it "assumes" is global. After these checks are executed, the business logic processor has to make sure that these assumptions are correct. The process is to check the modification timestamp of an object reference related to the transaction signature time
6) smart contract
many blockchains are integrating a common scripting language to define all operations. These designs ultimately define the business logic processor as a virtual machine, and all transactions are defined as scripts run by the virtual machine. This solution has a single threaded performance limit on a real processor, and the problem is exacerbated by forcing everything to be executed through a virtual processor. A virtual processor will always be slower than a real processor even if it uses JIT, but the computing speed is not the only problem of this "everything is a script" scheme. When the transaction is defined at such a low level, it means that the static check and encryption algorithm operation will still be included in the business logic processing, which will also rece the overall throughput. A script engine should never ask to perform a signature checking request for an encryption algorithm, even if the request is implemented through a native mechanism
according to the course we learned from Lmax, we know that a virtual machine designed for blockchain should consider single thread performance. This means that compiler optimization should be implemented at the beginning, and the most commonly used smart contracts should be natively supported by blockchain, while only those rarely used and customized contracts will run on a virtual machine. These custom contracts are designed with performance in mind, which means that the virtual machine should limit the range of memory that can be accessed to a level that can be placed on the processor cache
7) object oriented data schema
in memory
1) efficient and scalable performance
borderless system realizes over 100000 times / s batch transfer
high performance blockchain technology is necessary for cryptocurrency and smart contract platform, and can provide a solution that may replace the existing financial platform for the instry. In order to be able to process more transactions per second than visa and MasterCard, unbounded redesign starts from the bottom. Through the share authorization mechanism, the unbounded network can confirm more than 100000 transfer transactions in an average of one second
overview of borderless system architecture. The Lmax can process up to 6 million transactions per second. The key point of unbounded learning from its technology, As follows:
A) put everything in memory
b) put the core business logic in a single thread
C) put the encryption algorithm operation (hash and signature) outside the core business logic
d) divide the verification operation into state independent and state dependent checking
e) use an object-oriented data model
by following these simple rules, Unbounded can process 100000 transfers per second without disruptive optimization. If there is further optimization work, unbounded can achieve the performance similar to that of Lmax exchange (i.e. 6 million times per second). It should be noted that unbounded performance is highly dependent on one of the compatible transaction protocols. If you want to use business logic to run on a virtual machine that operates encryption algorithm and calls all objects with hash identifier, it is impossible to achieve the same level of performance. Blockchain is inherently single threaded, and the performance of single core CPU is one of the most scarce and difficult to expand. Unbounded technical logic can make the single thread execution highly efficient
endorsement of core business of borderless system
blockchain is a global account book that determines to modify a shared global state transaction. The orders contained in these transactions can change the validity of other transactions. For example, you cannot withdraw money from your bank account before the deposit of your check takes effect. You can't know if a transaction is valid until all previous transactions that can affect a particular account are processed. If two unrelated accounts do not share any common dependency, theoretically, the transactions between the two accounts can be processed at the same time. In fact, it's tricky to identify which transactions are truly independent on a smart contract driven ledger with arbitration conditions. The only way to ensure that the two transactions are truly independent is by maintaining a completely separate ledger and then transferring value between them on a regular basis. If we want to use this kind of performance tradeoff to compare, it can be like the relationship between non-uniform memory access (NUMA) and uniform memory access (UMA). In fact, the consistent memory access architecture is easier for developers to design, and the cost is lower. Inconsistent memory access architecture is usually used as a last resort when building supercomputers and large computer clusters. The computer instry has graally realized that it is not as easy to achieve performance expansion through parallel computing as it was in the early days. After all, the most important thing to do at that time was to increase the frequency of the processor. It is for this reason that processor designers are trying to improve the performance of single thread before trying to use multi thread settings. When multithreading is not enough, and only in this way, cluster computing will be considered
many people in the cryptocurrency instry try to solve the problem of scalability by cluster computing before exploring what can be achieved by a single core of a computer technically
2) Lmax disruptor decomposer technology
Lmax decomposer provides a learning example of what can be achieved on a single thread. Lmax is a trading platform for end customers with the goal of becoming the fastest exchange in the world. They have been very generous in publishing what they have learned<
overview of Lmax architecture:
business logic processor is where all sequential transactions and order matching occur. It is a single thread that can process millions of orders per second. This architecture can be easily used in the field of cryptocurrency and blockchain design. The role of the input resolver is to collect orders from many users from different sources and assign them to a certain order. When the order is assigned to them, they are copied, recorded and broadcast to many rendant business logic processors. The input resolver is highly parallel and can be easily sub contracted into a computer cluster system. When the business logic processor has finished processing the input, an output resolver is responsible for informing those who care about the result. This is also a highly parallel task. Finally, by using a single threaded sample processor and Java virtual machine in the business logic processor, Lmax can execute 6 million transactions per second. If Lmax can achieve this goal, then cryptocurrency and smart contract platform do not need to consider the cluster network solution under the condition of less than 10 transactions per second. High performance blockchain
to build a high-performance blockchain, we need to use the same technology as Lmax. Here are a few things that must be done: put everything in memory, avoid synchronization primitives (locking, atomic operations), and avoid unnecessary calculations on business logic processors. Because memory is designed to be highly parallel, it's getting cheaper. The amount of data needed to track everyone's account balance and permissions on the Internet can be stored in less than 1TB of ram, which can be purchased for less than $15000, and can be installed on the commercialized (high-end) server motherboard. Before the system was adopted by 3 billion people, this kind of hardware would be seen in ordinary desktop computers. The real bottleneck is not the demand of memory capacity, but the demand of bandwidth. In the case of 1 million transactions per second and 256 bytes per transaction, the network will need 256MB of data per second, that is, 1GBIT / s bandwidth. Such bandwidth is not common on ordinary desktop computers. However, such bandwidth is only a little bit of the 100Gbit / s bandwidth of the second generation Internet. The second-generation Internet is available to more than 210 U.S. ecational institutions, 70 companies and 45 non-profit and government agencies
in other words, blockchain technology can easily keep everything in memory, and if properly designed, it can be extended to support millions of transfers per second
3) allocate ID and avoid hash calculation
in a single threaded system, processor cycle is a scarce resource that needs to be reserved. Traditional blockchain design uses hash calculation based on encryption algorithm to generate a unique global ID system, so as to ensure that there will be no collision statistically. The problem with these hashes is that they consume more and more memory and processor cycles. Compared with a direct array index, this method will significantly take up more processor time to find the records of an account. For example, 64 bit integers are easier to compare and operate than 160 bit IDs. A larger hash ID mechanism means less space in the CPU cache and more memory is needed. In the modern operating system, the ram which is not often accessed will be compressed, but the hash identifier is a random number, which cannot be compressed. The model blockchain gives us a way to assign unique IDs around the world. These IDS will not conflict with each other. Therefore, it completely avoids using the identifier based on hash algorithm like bitcoin address to refer to an account, balance or license
4) remove signature verification from the business logic processor
all transactions in the cryptocurrency network depend on the use of encryption algorithm signature to verify permissions. In most cases, the requested permissions can be changed by the results of other transactions. This means that in the business logic processor, permissions need to be defined as a case that has nothing to do with the calculation of encryption algorithm
to achieve this goal, all public keys need to be assigned a unique and irreplaceable ID. After the ID is assigned, the input resolver can verify whether the provided signature matches the specified ID. When the transaction arrives at the business logic processor, you just need to check the ID
the same technology can remove prerequisite checking on objects with irreplaceable static IDs
5) designing transactions for static verification
for transactions, there are many features that can be statically checked without referring to the current global state. These checks include parameter range checking, input de rendancy and array sorting. In general, there are a lot of checks that can be done if the transaction contains data that it "assumes" is global. After these checks are executed, the business logic processor has to make sure that these assumptions are correct. The process is to check the modification timestamp of an object reference related to the transaction signature time
6) smart contract
many blockchains are integrating a common scripting language to define all operations. These designs ultimately define the business logic processor as a virtual machine, and all transactions are defined as scripts run by the virtual machine. This solution has a single threaded performance limit on a real processor, and the problem is exacerbated by forcing everything to be executed through a virtual processor. A virtual processor will always be slower than a real processor even if it uses JIT, but the computing speed is not the only problem of this "everything is a script" scheme. When the transaction is defined at such a low level, it means that the static check and encryption algorithm operation will still be included in the business logic processing, which will also rece the overall throughput. A script engine should never ask to perform a signature checking request for an encryption algorithm, even if the request is implemented through a native mechanism
according to the course we learned from Lmax, we know that a virtual machine designed for blockchain should consider single thread performance. This means that compiler optimization should be implemented at the beginning, and the most commonly used smart contracts should be natively supported by blockchain, while only those rarely used and customized contracts will run on a virtual machine. These custom contracts are designed with performance in mind, which means that the virtual machine should limit the range of memory that can be accessed to a level that can be placed on the processor cache
7) object oriented data schema
in memory
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