The popular encryption algorithm of blockchain

1. Because blockchain technology has natural advantages in realizing smart contracts
bitcoin, Ruitai coin, Laite coin, Ethereum and other digital cryptocurrencies all use blockchain technology
blockchain is an important concept of bitcoin, which is essentially a decentralized database and the underlying technology of bitcoin. Blockchain is a series of data blocks generated by cryptography. Each data block contains the information of a bitcoin network transaction, which is used to verify the validity of the information (anti-counterfeiting) and generate the next block.

2. The explanation of MIIT is as follows: blockchain technology uses blockchain data structure to verify and store data, uses distributed node consensus algorithm to generate and update data, and uses cryptography to ensure the security of data transmission and access It is a new distributed infrastructure and computing paradigm to program and manipulate data by using smart contracts composed of automated script code
take an example: for example, Sun Tzu asked Li Zi to borrow 100 yuan, but Li Zi was afraid that he would default, so he asked the village head for notarization and added the account. This is called centralization. But if you don't ask the head of the village, you can shout "I'll lend my grandson 100 yuan! Please put it in the account book. "This is called decentralization
in addition, you can refer to bitcoin, the representative proct of blockchain

3. Blockchain encryption algorithm
asymmetric encryption algorithm is a function that converts the original plaintext file or data into a series of unreadable ciphertext codes by using an encryption key. The encryption process is irreversible. Only holding the corresponding decryption key can the encrypted information be decrypted into readable plaintext. Encryption enables private data to be transmitted through the public network under the condition of low risk, and protects the data from being stolen and read by the third party
the core advantage of blockchain technology is decentralization, which can realize point-to-point transaction, coordination and cooperation based on decentralized credit in a distributed system without mutual trust by means of data encryption, time stamp, distributed consensus and economic incentive, so as to solve the high cost and low cost of centralized institutions Low efficiency and data storage insecurity provide solutions
the application fields of blockchain include digital currency, token, finance, anti-counterfeiting traceability, privacy protection, supply chain, entertainment, etc. with the popularity of blockchain and bitcoin, many related top domain names have been registered, which has a great impact on the domain name instry.

4. Jinwowo network believes that privacy protection is the advantage of blockchain. We use cryptography and distributed structure to protect privacy
jinwowo 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 while big data is called.

5.

there are about three kinds of currency in currency speculation. one is the base currency, which is similar to the representative of money. CNY and usdt Basic goods with value). One is the mainstream token, BTC, ETH (because of the national restrictions, the exchange can only trade in token, that is, take one kind of virtual currency to buy another kind of virtual currency, I don't know why.) The other is a variety of virtual currencies (commodities)

the purchase process is to first go to the exchange platform to find a personal seller with RMB to exchange for usdt, In the process of using usdt to exchange for the mainstream token BTC or eth used in purchasing various virtual coins, and finally using eth to purchase various virtual coins

A. base currency: CNY, usdt (exchangeable, need to be exchanged in good faith transactions with indivial buyers) B. mainstream token: BTC, ethc, virtual currency: all kinds of money, such as profit, need to be exchanged into usdt again, and then sold into CNY. Learn more about the coin circle

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sharing area network ~ learn more about the coin circle

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experience: 1. Buy mainstream currency if you can't buy it. 2. If the new currency is not fried in January, it may become a banker to harvest leeks. 3. Just learned an experience, chasing up and killing down, meaning up do not buy, buy must be cut leeks If you have strength and value, you can hold it and wait for salted fish to turn over. 5. If the company is strong, the team is strong, and the executives are strong, you can pay more attention to it. Note: I don't understand the K line at all, and I don't understand the professional words, so I can only make a tentative decision on these purchase principles based on logical thinking

6. Now it's just testing, there's no official release, there's no use for it?

7. It doesn't work if you open 120 frames depending on your resolution and display 60

8.

As an emerging technology, blockchain has attracted more and more attention. It is a new application of traditional technology in the Internet era, including distributed data storage technology, consensus mechanism and cryptography. With the establishment of various blockchain research alliances, more and more funds and personnel support related research. Hash algorithm, zero knowledge proof, ring signature and other cryptographic algorithms used in blockchain:

hash algorithm

as the basic technology of blockchain, the essence of hash function is to map a set of data of any length (limited) to a set of defined length data stream. If this function satisfies the following conditions:

(1) the calculation of hash value for any group of data is very simple

(2) it is difficult to find two different data with the same hash value

hash functions satisfying the above two properties are also called encrypted hash functions. In case of no contradiction, hash functions usually refer to encrypted hash functions. For the hash function, finding such that is called a collision. The current popular hash functions are MD5, SHA1, Sha2, Sha3

bitcoin uses sha256, and most blockchain systems use sha256 algorithm. So here's sha256< Step 1: additional filling bits. The length of the message is congruent with that of 448 mod512 (length = 448 mod512). The number of bits to be filled ranges from 1 to 512. The highest bit of the filled bit string is 1, and the rest bits are 0

Step2: additional length value. The bit length of the initial message (before filling) represented by 64 bit is appended to the result of step 1 (the low byte takes precedence)

Step3: initialize cache. A 256 bit cache is used to store the intermediate and final results of the hash function

Step 4: process 512 bit (16 word) packet sequence. The algorithm uses six basic logic functions and consists of 64 steps of iterative operation. Each step takes the 256 bit cache value as the input, and then updates the cache content. Each step uses a 32-bit constant KT and a 32-bit wt. Where WT is the packet after the packet, t = 1,2,..., 16

step5: after all 512 bit packets are processed, the output of the last packet of sha256 algorithm is 256 bit packet< In 2001, Rivest, Shamir and TauMan proposed ring signature for the first time. It is a simplified group signature, only ring members have no manager, and it does not need the cooperation between ring members. In the ring signature scheme, the signer first selects a temporary signer set, which includes signers. Then the signer can generate the signature independently by using his private key and the public key of others in the signature set without the help of others. Members of the signer collection may not know that they are included in it

ring signature scheme consists of the following parts:

(1) key generation. A key pair (public key PKI, private key ski) is generated for each member of the ring

(2) signature. The signer uses his private key and the public keys of any n ring members (including himself) to generate the signature a for the message M

(3) signature verification. According to the ring signature and message M, the verifier verifies whether the signature is signed by the member in the ring. If it is valid, it will be received, otherwise it will be discarded

ring signature satisfies the following properties:

(1) unconditional anonymity: the attacker can not determine which member of the ring generated the signature, even if the private key of the ring member is obtained, the probability is not more than 1 / n

(2) Correctness: the signature must be verifiable by all others

(3) unforgeability: other members of the ring can't forge the real signer's signature, and even if an external attacker obtains a valid ring signature, he can't forge a signature for message M

(1) anonymity. The verifier can verify that the signature is signed by a member of the group, but can't know which member it is, so that the signer can be anonymous< (2) traceability. In group signature, the existence of group administrator ensures the traceability of signature. The group administrator can revoke the signature and expose the real signer. The ring signature itself cannot reveal the signer unless the signer wants to expose or add additional information to the signature. A verifiable ring signature scheme is proposed. In this scheme, the real signer wants the verifier to know his identity. At this time, the real signer can confirm his identity by disclosing his secret information< (3) management system. Group signature is managed by group administrator, ring signature does not need to be managed, signer can only select a set of possible signers, obtain its public key, and then publish the set, all members are equal

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