How to count gold chain mining
mining is to confirm the transactions in the bitcoin system over a period of time and record the process of forming new blocks on the blockchain. The miners are called miners
Can mining make money? People around me who have been in contact with blockchain have asked me this question. The answer must be yes, otherwise mining will not be the foundation of blockchain development, and countless people will be miners How to dig? Xiao users said they were at a loss. You can use ha Yu miner to mine and experience mining resistance by yourself. You can download software and mine with one click, without any learning costA few days ago, Ogawa burst out a bunch of comments under an article entitled "today's most popular blockchain technology is no doubt. Let's not talk about it, are we out?" but Ogawa was very happy. It's rare for an article to attract so many comments. Happy Ogawa can't wait to click and have a look. The result is also shocked. What's the ghost of the next big wave of captcha? What do you think of it
Mining bitcoin is also called mining. Starting from the essence of bitcoin, the essence of bitcoin is actually a special solution generated by a bunch of complex algorithms. A special solution is one of the infinite (in fact, bitcoin is finite) solutions that can be obtained from the equations. Every particular solution can solve the equation and is unique
in the metaphor of RMB, bitcoin is the serial number of RMB. If you know the serial number of a note, you have the note. The process of mining is to constantly seek the special solution of this equation system through a huge amount of calculation. This equation system is designed to have only 21 million special solutions, so the upper limit of bitcoin is 21 million
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, equipment, etc. in online games. Internet users can also use bitcoin to buy real goods
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shortcomings
first, the vulnerability of trading platform. The bitcoin network is robust, but the bitcoin trading platform is fragile. Trading platform is usually a website, which will be attacked by hackers or shut down by competent authorities
Second, the transaction confirmation time is long. When bitcoin wallet is first installed, it will consume a lot of time to download historical transaction data blocks. While bitcoin transaction, in order to confirm the accuracy of data, it will take some time to interact with P2P network, and the transaction will be completed only after the whole network is confirmed Thirdly, the price fluctuates greatly. Due to the intervention of a large number of speculators, the price of bitcoin for cash fluctuates like a roller coaster. Making bitcoin more suitable for speculation rather than anonymous trading Fourthly, the public did not understand the principle, and the traditional financial practitioners resisted. Active netizens understand the principle of P2P network and know that bitcoin has no legal person to manipulate and control. But the public doesn't understand, and many people can't even tell the difference between bitcoin and q-coin“ "No issuer" is the advantage of bitcoin, but in the view of traditional financial practitioners, "no issuer" currency is worthless1. I now have a 100 yuan personal name coin in my hand Bitcoin)
2.. Who cares about the official account? But you need to guess the number of the money in the comments Mining, random filling, numerical solution)
try your best to guess, and you get 100 yuan in full - personal mining
pay money to gather some people to guess together - mining field
gather people you don't know to guess together, and allocate the 100 yuan in proportion through the number of guesses -
the above is a simple example of analogy, of course, You followed and guessed the number of 100 yuan in my pocket, I promise you
so what's going on with bitcoin mining
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when Zhang San wants to transfer 1000 yuan to Li Si's B account through a account: ① Zhang San roars: attention, I use a account to transfer 1000 yuan to Li Si's B account. ② The villagers near Zhang San listened to Zhang San's voice and checked whether Zhang San's a account had enough balance. ③ After passing the inspection, the villagers write on their account books: account a transfers 1000 yuan to account B, and modify the balance: account a balance = 3000-1000 = 2000 yuan, account B balance = 2000 + 1000 = 3000 yuan. ④ The villagers near Zhang San told the villagers far away about the transfer, and passed it on until everyone knew about the transfer, so as to ensure the consistency of everyone's account books. Smart if you must have found out, in step 2, if Zhang San roars, and the villagers nearby pretend not to hear him, and do not check the account, then the system will stop working? In order to solve this problem, the village decided after discussion that whoever first confirmed Zhang San's voice would get 500 yuan. So everyone put up their ears and monitored every movement in the village. It's really a matter of grass and trees. Someone in the comment area asked, where did the 500 yuan come from? I would like to give a brief answer here. 1. On average, bitcoin generates a block every 10 minutes. The number of transactions that can be packaged in this block is limited. Let's count it as 800. However, absenteeism will not give you a package deal and broadcast for no reason, so you need to charge a handling fee. Moreover, because there are many people in the transaction, whose transaction to pack first also depends on the level of handling charges. So you can see that bitcoin is hot now, and the handling charges are going up. 2. We all know that the total number of bitcoin is 21 million, and the issuing mechanism is decreasing year by year. If absenteeism is the first one to successfully package this block and broadcast, and it is the longest chain, he will be rewarded. At present, there are only 12.5 bitcoins. It started with 50. It's decayed twice. Of course, there are small problems, such as why the longest chain is needed, how to determine the longest chain, and which chains will be abandoned? If you are interested, let's talk about it further. The above is the reward for absenteeism. Updated on December 8, 2017. In the world of bitcoin, one block is generated about every 10 minutes. All mining computers are trying to package the block and submit it, and the first person who successfully generates the block will get a bitcoin reward. Initially, bitcoin rewards of 50 bitcoins could be generated about every 10 minutes. But the payment is halved every four years, and now the bitcoin network can generate 25 bitcoins every 10 minutes. Well, then the story above tells that Zhang San's roar shocked the whole village, and everyone said that they were the first to hear Zhang San's voice. Who should I give the 500 yuan to? So the village discussed the new regulations, and needed evidence to prove that it was Zhang San's voice. Zhang San's cry contains specific sound data, which will be given to whoever breaks it first. In the bitcoin world, this is a new concept, consensus mechanism. Bitcoin decides the bookkeeping right through the consensus mechanism of workload proof. Generally speaking, the one who proves his workload is the biggest is responsible for bookkeeping. The amount of work is reflected by calculating the hash value of the bitcoin block header that meets a certain standard. The block header usually contains the hash value of the previous block, Merkle root, timestamp, difficulty target, and a filled random value. The node that tries to fight for the bookkeeping right is called mining node. The mining process is to find a random value that can fill the block head of this area, so that the hash value of the block head can meet a certain standard
Author: leaf
link: https://www.hu.com/question/20792042/answer/261310341
It's worth it
the blockchain system is jointly maintained by all of us, and it does not need to specially consume human and material resources. The decentralized structure greatly reces the cost. At the same time, the disclosure of data makes it almost impossible to make false accounts. Blockchain takes mathematical algorithm as endorsement, and its rules are based on an open and transparent mathematical algorithm, which can enable people with different political and cultural backgrounds to reach consensus and realize cross regional mutual trust
in addition to building a monetary system, blockchain also has many application opportunities in the pan financial field. Based on the programmable characteristics of blockchain, people try to add smart contract to blockchain system to form programmable finance, which is represented by smart contract
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the effective behaviors of users on the platform, such as consumption behaviors, are recorded on the blockchain. While confirming the rights, corresponding data rights and interests are allocated to users. OLO can be used not only to exchange goods and services in the whole ecosystem, but also to exchange with other mainstream digital currencies for cash. Such an incentive will encourage users to contribute more valuable data
small and medium-sized enterprises join the ecosystem through API interface, and use OLO to buy big users, big data and large traffic, so as to realize precision marketing and expand the scale of enterprises. In the whole process, user data is desensitized, so there is no need to worry about privacy leakage. Finally, a big data trading platform with shared interests and value appreciation between users and enterprises is built to bridge the business model gap between users and enterprises
as a token backed by data assets, OLO represents the value of the continuous precipitation of big data. The more precipitation of data, the more valuable it is, so OLO itself has value
digital gold chain: it is a data asset value chain with public chain attribute, and is an open and open source platform. Digital gold chain is mainly aimed at innovative enterprises that need to issue tokens. These commercial applications are basically multi centralized blockchain applications
BT chain: the value chain of behavior data, that is, the alliance chain, supports the scale of 100 million users. BT chain is mainly aimed at the traditional enterprises, through the chain reform, on the chain to break through the original bottleneck of enterprise development, break through the drainage pain point
the relationship between them can be understood as the strategic cooperation between the two companies.