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Blockchain Internet encryption

Publish: 2021-05-17 21:33:17
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. 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.
3. All mining machines have such a normal phenomenon, the calculation of mining machine chip is not a stable output process, as long as the average computing power and daily income are stable
in addition, the computing power of mining machinery will fluctuate e to the status of mining machinery, working environment, network instability and other factors. The mine management personnel need to pay attention to check all relevant factors to protect the stability of income.
4. The encryption of jinwowo blockchain 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 reselling data.
5. Blockchain is a technical solution to maintain a reliable database collectively through centralization and distrust in the past. This technical solution mainly allows any number of nodes in the participating system to generate a series of data blocks by using cryptographic methods. Each data block contains all the information exchange data of the system in a certain period of time, and generates a data fingerprint to verify the validity of its information and link to the next database block
blockchain technology originates from bitcoin, and its essence is to create a decentralized digital currency system by using computer algorithm and cryptography technology, so as to realize the functions of currency issuance and transaction
characteristics of blockchain Technology:
1. Decentralized: 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. Trustworthiness: 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 can not and cannot cheat other nodes
3. Collective maintenance: data blocks in the system are jointly maintained by all nodes with maintenance function in the whole system, and these nodes with maintenance function can be participated by anyone
4. Reliable database: the whole system will enable each participating node to obtain a of the complete database in the form of sub databases. Unless more than 51% of the nodes in the whole system can be controlled at the same time, the modification of the database on a single node is invalid, and the data content on other nodes cannot be affected. Therefore, the more nodes and computing power in the system, the higher the data security in the system
the other two features are derived from the four features:
5. Open source: because the operation rules of the whole system must be open and transparent, the whole system must be open source for the program
6. Anonymity: since there is no need to trust each other between nodes, there is no need to disclose the identity between nodes, and each participating node in the system is anonymous< EGD: e-gold coin, or EGD for short, is a network encrypted digital asset based on peer-to-peer Internet open source protocol, which circulates in a decentralized network system. EGD, as a kind of consumer asset given by global commercial consumers from businesses, is used to replace the points issued by businesses in traditional commercial society, realizing the networking, integration and capitalization of global commercial points
EGD, namely network gold, is an encrypted digital asset based on decentralized digital encryption technology. EGD was born in January 2014. It was developed by a team of 17 technical experts from seven countries around the world, led by former Microsoft engineers. EGD introces the technology of encrypted digital assets into the field of global business integration points, which enables global consumers to continuously share the profits of commercial society through the circulation and value-added of EGD business points, and create a win-win economic model for businesses and consumers
features of customized EGD:
with customized technology, we can easily build all kinds of intelligent assets based on EGD protocol, including stocks, bonds, or various derivative points
more importantly, customization technology not only expands the application scope of EGD, but also retains the characteristics of clear property rights and decentralization of EGD. Moreover, e to the limited number of customized points, customized points are more scarce.
6. 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.
7. The application of blockchain technology mainly starts from several characteristics of blockchain technology. Blockchain technology has a great feature, that is, the information can not be tampered with. Once the information is verified and added to the blockchain, it will be stored permanently. Unless more than 51% of the nodes in the system can be controlled at the same time, the modification of the database on a single node is invalid. Therefore, the data stability and reliability of blockchain are extremely high. For example, Yingtang Zhongchuang can provide background encryption service with blockchain as the underlying technology, and its encryption technology can fundamentally ensure the security and storage of data.
8. First, you need to understand what "private key" and "public key" are and how they work
in order to ensure the data security of users, the blockchain system is implemented through a cryptographic algorithm. Specifically, it is implemented through a public cryptographic algorithm mechanism. We all know how a cryptographic algorithm can have a secret key, and the public secret key algorithm is a pair of (that is, two) secret keys, just like tiger amulet, which are used together. One is called public key, which can be disclosed to others. The private key should be kept by itself. In the blockchain system, the public key is used to identify the identity, and the private key is equivalent to the key to decrypt. But the difference is that a public key is only for a unique private key, that is to say, if you forget the private key, it will not be retrieved for you, In the blockchain system, it will not help you retrieve the private key, so you should keep the private key properly
in the blockchain system structure, the data encrypted with public key must be decrypted with the corresponding private key, while the data encrypted with private key
must be decrypted with the corresponding public key, so the data encrypted with private key (usually called "signature") must be decrypted with the corresponding public key, which can play a great role
for a simple example, if Zhang San wants to send a check to Li Si, how can it be sent? In the past, it would be taken by the bookkeeper, so Zhang San thought of a way. He encrypted the check with Li Si's public key, and then signed his name (signed with his private key). At this time, other people would not use it even if they got the check, because only Li Si had his private key, That is, only Li Si can use this check. This function design is called "script system" in the blockchain system
therefore, the private key encrypted by the blockchain digital signature cannot be decrypted by the original encrypted private key, but must be decrypted by the corresponding public key.
9. Block linking technology
10. The relationship between cryptocurrency and blockchain is just like the relationship between wechat and the Internet. Wechat may be replaced at any time, but few can replace the Internet. Wechat is just an application attached to the Internet. Cryptocurrency is only an application of blockchain, which has a wider range of applications
domestic digital currency crowdfunding platform, coin Ying China, has begun to try the mode of "blockchain + crowdfunding"; China post is the first in China to develop a fund custody system based on blockchain technology.
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