Xiangyang Yiliu blockchain Technology Co, Ltd

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What is the prospect of blockchain technology? The following is just personal experience and opinions, for reference and learning only

I have been in touch with the blockchain instry for many years, and I have my own views and understanding from its ups and downs. I personally think blockchain technology is still very good. The reasons are as follows:

first, blockchain technology as a rookie after the Internet, the Internet is the transmission of information, and blockchain is the exchange of value. The development trend of blockchain is similar to that of Internet

2. After the blockchain has gone through great waves and been widely misunderstood, there are still many blockchain explorers and practitioners in the instry making continuous efforts

Third, with the attention of the country and other countries to the blockchain instry, governments all over the country have set up blockchain development funds to promote the development of the local blockchain instry, so as to occupy the highland of the blockchain instry

Fourthly, the Internet of things is the development trend in the future. In the face of the growing demand of the Internet of things ecosystem, the computing power of the central server is severely challenged, and decentralization becomes the key to solve this problem

the above content is only a new point of view, or it needs specific analysis of specific issues. After all, practice is the only standard to test the truth

3. The analysis of Chongqing jinwowo network is as follows:
each node on the blockchain can verify the integrity and authenticity of the account book to ensure that all transaction information is not tampered with, true and effective
every node on the blockchain keeps copies of all transaction information. When the number of data and participants on the blockchain is very large, the cost of modifying information will be very high. At least 51% of the computing power of the whole network is needed to modify information, and the modification cost may far exceed the expected revenue
when the information of some nodes is maliciously tampered with, other nodes on the blockchain will find the information that has not formed a "consensus" in a short time and maintain and update it.

4. 99% of them are deceiving. It's deceiving to say how much it will appreciate. It's just a technology, its application is valuable.

5. Based on some characteristics of blockchain technology, the application fields of blockchain are relatively wide, especially in the financial instry, other fields such as medical treatment, authentication, smart contract, sharing economy, digital assets and so on. There are related requirements in each field, which need the development of software system for further application of blockchain technology. In my opinion, at present, only a small number of enterprises conct in-depth research on blockchain technology, while some large enterprises only conct application research and development on some internal requirements of enterprises, and few provide blockchain technology application system development like Yingtang Zhongchuang. Yingtang Zhongchuang has many solutions for the development of application software system of blockchain, which can be referred to one or two.

6. 1、 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< Second, openness:
the foundation of blockchain technology is open source. In addition to the private information of all parties to the transaction is encrypted, the data of blockchain is open to all. Anyone can query blockchain data and develop related applications through the open interface, so the information of the whole system is highly transparent< Third, 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< Fourth, security:
as long as 51% of all data nodes cannot be controlled, the network data cannot be arbitrarily controlled and modified, which makes the blockchain itself relatively safe and avoids subjective and artificial data changes
5. Anonymity:
unless there are legal requirements, technically speaking, the identity information of each block node does not need to be disclosed or verified, and information transmission can be carried out anonymously
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8. The name blockchain as a "machine of trust" originated from an article in the economist. From the macro level, the Internet is a network for transmitting information. Today, we can shop through the Internet and send wechat. Now many technical experts and people in the traditional financial instry all over the world regard blockchain as a revolutionary technology because blockchain is a network for transmitting transactions. Therefore, a famous VC in the United States says that blockchain is the underlying protocol of finance
suppose that one user a wants to transfer money to another user B, what are the differences between traditional financial networks and blockchain networks? In today's existing financial network, such as transferring money from ICBC to China Merchants Bank, users can first access the database through ICBC's online banking or ATM, and the database can go through the clearing company of the blockchain center to the database of another bank, and then users receive the money. If the transaction is made on the blockchain, first of all, the transaction will be broadcast to a decentralized network or P2P network. The transaction will be verified by the bookkeeper elected by some mathematical mechanism on the network to verify whether the transaction is true. It ensures that the transaction can not be forged in principle through mathematical algorithm. When the bookkeeper agrees that the transaction is valid, it will form an account book and broadcast the account book to all people on the network, including the payee of course
centralized network, which is the earliest and most primitive network. Today's Internet is a distributed network. It has many small centers connected by backbone network to form a distributed network. The blockchain network is actually a very inefficient network, because the network has a lot of data rendancy, and the transmission is not very effective. But with the development of time, after the transmission becomes stronger, the rendancy problem is not a big problem
there is no strong center in the blockchain network to control or tamper with the data in the network. We can understand that the decentralized network is a kind of network built on the distributed network. In many countries, such as many reports made by the Bank of England, blockchain is also translated into distributed books. Blockchain originated from bitcoin. Now many traditional financial enterprises begin to study blockchain and try blockchain, such as ripple and R3 alliance
if we carefully analyze the role of distributed ledger such as blockchain, we can find that it has many applications. For example, in the field of personal finance, there are many payment companies and remittance companies based on blockchain. At the political level, there are those who apply blockchain technology to elections, which can technically ensure that votes cannot be tampered with. In the digital money field, England bank uses block chain technology to develop another digital currency, which is different from the balance of Alipay and internet bank. Of course, it is not an uncontrolled currency like bitcoin. Its issuing right is still in the hands of the central bank, but its clearing and circulation network is built on the opened blockchain network. Its advantages, such as our WeChat payment and Alipay can transfer each other. For example, when I run a parking card, the original system naturally forms some payment barriers, and the underlying digital technology can eliminate these barriers. IBM and others are trying to do this
another example is R3, which is an excellent company in the world. They try to build a clearing network for credit bonds and bank bonds. Domestic clearing companies are all sincere clearing companies. In fact, there is no such clearing center in the world. First, several large domestic banks carry out communication protocols, and then small banks make agreements in them. It's very complicated. Because there is no strong center in the world that can build an international settlement system, not even the world bank. Enterprises like R3 try to use technology to do it. In the world, countries do not trust each other, or banks trust each other. But we can all believe in technology. Blockchain is such a technology
we have also done some innovative work in this field. We started with the first application of bitcoin in blockchain. Our proct is called okcoin bank. This year, we launched a new blockchain financial network oklink. Oklink procts are mainly used for small amount of international remittance in Hong Kong
as we all know, there is a multi-layer capital flow in the world, and the separation of capital flow and information flow leads to a very high cost of international remittance. There is a prediction in the world that many people work outside and remit their money back to US $700 billion a year. A single sum is small, and the average handling charge is 10%. For example, Filipino domestic helpers earn 4000 Hong Kong dollars a month in Hong Kong, but they don't have 800 yuan when they get home
okcoin has put many companies in the blockchain, which can make them clear efficiently and at low cost, but they will not make false accounts, and they are not able to run. At present, we have opened up more than ten countries in the world. At present, there is no China. Only banks in China can legally transfer money. Blockchain has helped our enterprise to establish a credit in the world, which is not the credit of our company or investors, but the credit of technology. Therefore, we have some partners in Africa and Southeast Asia who are willing to believe in the security and resonance of the network

at the same time, we have an app at the C end to distribute remittance orders from all over the world to these remittance enterprises. At present, we are commercializing the blockchain operation network in the world. Every month, we have millions of dollars of processing amount, and all countries in the world are in compliance
summarize what blockchain technology can do. Blockchain technology is actually a technology to open your account book to the public. When do we need to open our books to the public? When others don't believe in your platform, its application is more suitable for areas with weak credibility in the short term. But in the long run, units with their own credit, such as NASDAQ and the New York Stock Exchange, will also use blockchain technology in the future. Because the current cost is very high, in the long run, such units with strong credit may use blockchain technology to rece costs in the future (Netease News)
of course, bitcoin, Ethereum, and decent are the same.

9. Not so good. Under the banner of blockchain, there is no blockchain technology. It only sells mining machines, and the price is thousands of yuan higher than the official website of mining machines. Customers also have to pay the electricity fee, which is about 30 cents per hour. The profit of a 14T ant miner is 14 yuan a day. If the electricity fee is dected, the profit will be about 4 yuan. If you buy a miner at 6000 yuan and make a profit of 4 yuan a day, how long can you get back the cost. The company basically depends on deception. It's related to the company. It's all owned by relatives and friends. Don't be too hot headed if you think about it yourself