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The relationship between TCFs and blockchain

Publish: 2021-05-19 09:19:20
1. With the advent of bitcoin, a new technology, blockchain, has come into the public view. What is the relationship between bitcoin and blockchain? The simplest understanding is: blockchain is the underlying technology of bitcoin, and bitcoin is the first generation application of blockchain. Therefore, we often see such a saying that "bitcoin represents the era of blockchain 1.0"

bitcoin is regarded as the first generation application of blockchain technology and the most thorough application of its code testing. However, without bitcoin, there might not be so many people who knew about blockchain now. It can be said that bitcoin has greatly improved the "exposure" of blockchain technology

later, people graally found that the application value of blockchain is far more than bitcoin, but can be applied to many instries to solve the pain points of many instries; The idea of blockchain can also provide a lot of reference for the financial field, which is the real reason for the outbreak of blockchain.
2.

blockchain technology is not only the underlying technology of bitcoin, but also the core and infrastructure of bitcoin bitcoin has been running without any centralized organization operation and management. Later, bitcoin technology was abstracted, which was called blockchain technology or distributed ledger technology

extended data:

disadvantages of blockchain technology applied to digital currency:

first, there is no circulation management organization for "decentralization" blockchain technology is essentially a distributed database system with one-way linked list logic structure and P2P network design mode, which determines that there is no unified central control system for virtual currency based on blockchain technology

Second, it is difficult to effectively control the quantity supply the circulation of virtual currency based on blockchain technology is fixed, and according to Fisher Equation, the total transaction volume of the whole society under a certain price level in a certain period has a certain proportion with the required nominal currency volume, while the constant currency volume obviously can not meet the requirements of the growing total price of social goods

Thirdly, "mining mechanism" is difficult to create recognized value bitcoin itself has no value and no national credit support. Some people think that "by continuously consuming computing power and energy to inject value into virtual currency", but it is obviously not the most efficient choice to consume millions of calculations in order to find a hash value that meets the requirements

Fourthly, procers and early holders are easy to get high seigniorage any virtual currency based on blockchain technology is held by a few people at the initial stage of its development. Take bitcoin as an example. At first, bitcoin was only a proct of a few people's game. The first bitcoin purchase in May 2010 was $10000 BTC's purchase of $25 pizza. The first bitcoin transaction completed in July of the same year was $0.04/btc

3. A lot of network, or in a group said easy to understand. Teach you to understand with mathematical knowledge (node is a point, block is a line, and blockchain is a surface). Node is the basic unit of information processing in blockchain application technology. After processing information, many nodes will be timestamped, generate data blocks, and connect blocks in time sequence to form blockchain.
4. The common point between AI and blockchain
blockchain focuses on keeping accurate records, authentication and execution, while AI helps to make decisions, evaluate and understand certain patterns and data sets, and ultimately proces autonomous interaction. AI and blockchain share several characteristics, which can ensure seamless interaction in the near future. Three main features are listed below
1. AI and blockchain need data sharing
distributed database emphasizes the importance of data sharing among multiple clients on a specific network. Similarly, AI relies on big data, especially data sharing. The more open data available for analysis, the more accurate the prediction and evaluation of the machine, and the more reliable the generated algorithm
2. Security
when dealing with high-value transactions on the blockchain network, there are great requirements for the security of the network. This can be implemented through existing agreements. For artificial intelligence, the autonomy of the machine also needs high security, in order to rece the possibility of catastrophic events
3. Trust is a necessary condition
for any widely accepted technological progress, there is no greater threat than the lack of trust, and artificial intelligence and blockchain cannot be ruled out. In order to make the communication between machines more convenient, we need to have an expected trust level. In order to execute certain transactions on the blockchain network, trust is a necessary condition
the impact of blockchain and artificial intelligence on ordinary people
in short, blockchain is a community-based technology, which can make value exchange more secure. Blockchain is just like its name. Each block contains an encrypted transaction record. The blocks are arranged in chronological order, and the security is guaranteed by a cryptographic system. Blockchain is a technology that can change rules, and its emergence is a revolutionary innovation
there are many functions of blockchain, and the specific application is also very wide. For example: if blockchain is used in the food instry, people will no longer worry about eating harmful food. If blockchain is used for diamond proction, consumers will no longer have to worry about buying fake diamonds. If the blockchain is used in the ecation instry, intellectual property protection can be strengthened. If the blockchain is used in the insurance instry, it can alleviate the information asymmetry of the insurance business and help to improve the security of the insurance business
the impact of blockchain and artificial intelligence on ordinary people is enormous. Just imagine, if blockchain and artificial intelligence are combined, will their role expand? Yes, the combination of the two can really have more impact to change the lives of ordinary people
blockchain and artificial intelligence are two extremely important roles in the field of technology, which bring convenience to our proction and life. If we find an intelligent way to make them work together, the impact of their interaction is unimaginable. This is also the core of OMT. After the combination of these two technologies, the future application scenarios are revolutionary and exciting. In the new ecological construction, data storage, sharing mechanism, platform problems, security problems, etc. can be overcome by using each other's technologies. OMT will create maximum value for global users and enterprises and bring more convenience to ordinary people through blockchain + artificial intelligence technology
the answer is over, hope to adopt, thank you!
5.

In recent years, blockchain and artificial intelligence have been very popular

first of all, blockchain is to establish a decentralized network. The so-called decentralization means that the network does not belong to you or me

it belongs to everyone

Artificial intelligence is a new technology science that researches and develops the theory, method, technology and application system for simulating, extending and expanding human intelligence. In other words, "machine self-learning"

in this way, we can think about the combination of blockchain and artificial intelligence

first of all, we need to understand that blockchain can be divided into three stages

However, in the first three stages, there are some problems, such as the lack of decentralization, low scalability, the mismatching between the incentive of the blocker and the best profit of the whole network, and the network always running at the maximum capacity. Serious waste of resources and rece efficiency

so can we combine artificial intelligence with underlying public chain technology to solve these problems

The answer is yes! And there has been team research and development, and has made a certain progress

Velas is a public chain that enhances its consensus algorithm through artificial intelligence (AI) optimized neural network, and carries out self-learning and self optimization. It is committed to improving the security, interoperability and high scalability of the transfer process and intelligent contract. Velas adopts the dpos consensus enhanced by AI, which completely realizes decentralization without recing the security and transaction speed. Not only that, AI chooses who to mortgage the token according to the needs of the blockchain; Velas only blocks when needed; Every 1 second to every 2 minutes; Scalability (up to 30000 TPS); Block procers are selected by artificial intuition

6. What is the relationship between blockchain and bitcoin
blockchain technology is the underlying technology of bitcoin, and bitcoin is the first application of blockchain. As mentioned earlier, the transaction information of bitcoin is recorded in a decentralized ledger, which is called blockchain
if we compare the blockchain to a physical account book, then each block is equivalent to a page in the account book. A new account book is generated every 10 minutes, and the transaction information of bitcoin network is recorded on each page. According to the principle of cryptography, each block is connected in chronological order to form a chain structure, so it is named blockchain
since the white paper "bitcoin: a peer-to-peer e-cash system" was born, major financial institutions at home and abroad have been competing to study the underlying technology of bitcoin blockchain and seek the practical application of blockchain technology.
7. Bitcoin market can now be seen on professional software, such as the coin card I use now. I think it's very good. Most of the data are available and updated in a timely manner. I recommend you to download and use it
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