Position: Home page » Blockchain » Blockchain technology Neo

Blockchain technology Neo

Publish: 2021-05-19 20:10:16
1.

blockchain includes public blockchain, joint (instry) blockchain and private blockchain. Public chain point-to-point e-cash system: bitcoin, smart contract and decentralized application platform: Ethereum

blockchain is a new application mode of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other computer technologies

blockchain is an important concept of bitcoin. In essence, it is a decentralized database. At the same time, as the underlying technology of bitcoin, it is a series of data blocks generated by using cryptographic methods. Each data block contains a batch of bitcoin network transaction information, Used to verify the validity of its information (anti-counterfeiting) and generate the next block



extended data

according to the different degree of blockchain network centralization, three kinds of blockchains under different application scenarios are differentiated:

1. The blockchain with the whole network open and without user authorization mechanism is called public chain

2. The authorized nodes are allowed to join the network, and the information can be viewed according to the authority. It is often used in the inter agency blockchain, which is called alliance chain or instry chain

3. All the nodes in the network are in the hands of one organization, which is called private chain

alliance chain and private chain are also called licensing chain, and public chain is called non licensing chain

blockchain features

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

2. Openness. Blockchain technology is based on open source. In addition to the private information of all parties involved in the transaction is encrypted, the data of blockchain is open to everyone. Anyone can query blockchain data and develop related applications through the open interface, so the information of the whole system is highly transparent

3. 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

4. Safety. As long as 51% of all data nodes cannot be controlled, the network data cannot be arbitrarily manipulated 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 the information can be transferred anonymously

2. Introction to seven core technologies of blockchain operation on January 15, 2018
1. Blockchain links
as the name suggests, blockchain is a chain composed of blocks. Each block is divided into block head and block body (including transaction data). The block head includes the prevhash value (also known as hash value) of the previous block used to realize the block link and the random number (nonce) used to calculate the mining difficulty. The hash value of the previous block is actually the hash value of the head of the previous block, and the random number calculation rule determines which miner can obtain the right to record the block
2. Consensus mechanism
blockchain is accompanied by the birth of bitcoin, which is the basic technology architecture of bitcoin. Blockchain can be understood as an Internet-based decentralized accounting system. A decentralized digital currency system like bitcoin requires the consistency of accounting of honest nodes without a central node, which needs blockchain to complete. Therefore, the core of blockchain technology is a consensus mechanism to reach a consensus on the legitimacy of transactions between indivials without mutual trust without central control
there are four main types of consensus mechanisms in blockchain: pow, POS, dpos and distributed consistency algorithm
3. Unlocking script
script is an important technology to realize automatic verification and contract execution on blockchain. Every output of every transaction does not point to an address in the strict sense, but to a script. A script is like a set of rules that constrain how the receiver can spend the asset locked on the output
the validation of transactions also depends on scripts. At present, it depends on two kinds of scripts: Lock script and unlock script. Locking script is a condition added to the output transaction, which is realized by a script language and located in the output of the transaction. The unlocking script corresponds to the locking script. Only when the conditions required by the locking script are met can the assets corresponding to the script be spent, which is located in the input of the transaction. Many flexible conditions can be expressed by script language. Interpretation script is similar to the "virtual machine" in our programming field, which runs in every node of the blockchain network in a distributed way
4. Transaction rules
blockchain transaction is not only the basic unit of a block, but also the actual effective content recorded by the blockchain. A blockchain transaction can be a transfer, or the deployment of smart contracts and other transactions
as far as bitcoin is concerned, a transaction refers to a single payment transfer. The transaction rules are as follows:
1) the input and output of the transaction cannot be empty
2) for each input of a transaction, if its corresponding utxo output can be found in the current transaction pool, the transaction will be rejected. Because the current transaction pool is the transaction not recorded in the blockchain, and each input of the transaction should come from the confirmed utxo. If it is found in the current trading pool, it is Shuanghua trading
3) for each input in a transaction, the corresponding output must be utxo
4) each input unlocking script must verify the compliance of the transaction together with the corresponding output locking script
5. Transaction priority
the priority of blockchain transaction is determined by the blockchain protocol rules. For bitcoin, the priority of a transaction to be included in a block is determined by the time when the transaction is broadcast to the network and the amount of the transaction. With the increase of transaction broadcast time on the network and the increase of transaction chain age, the priority of transaction will be improved and eventually be included by the block. For Ethereum, the priority of the transaction is also related to the transaction fee that the publisher is willing to pay. The higher the transaction fee that the publisher is willing to pay, the higher the priority that the transaction is included in the block
6. Merkle proof
the original application of Merkle proof is bitcoin, which was described and created by Satoshi Nakamoto in 2009. Bitcoin blockchain uses Merkle proof to store transactions in each block. So that the transaction can not be tampered with, but also easy to verify whether the transaction is included in a specific block
7. RLP
RLP (recursive length prefix) is one of the main encoding methods of object serialization in Ethereum. Its purpose is to encode the sequence of arbitrary nested binary data.
3.

Blockchain is a new application mode of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other computer technologies. Blockchain is an important concept of bitcoin. It is essentially a decentralized database. At the same time, as the underlying technology of bitcoin, it is a series of data blocks generated by using cryptographic methods. Each data block contains a batch of information about bitcoin network transactions, Used to verify the validity of its information (anti-counterfeiting) and generate the next block

if such technology wants to be put into application, the biggest problem is the "Impossible Triangle problem"

that is, scalability, decentralization and security cannot be achieved at the same time, and only two of them can be achieved

most of the existing public chain projects in the market are difficult to put into use on a large scale

4. There are many advantages of blockchain technology in the medical field.
① a very important component of "network routing" blockchain system structure is a peer-to-peer network without centralized server. The specific advantage of blockchain technology in the medical field is that hospitals no longer need to establish a centralized patient information management service platform, Centralization of the flat, then very bad thing, once the network "stuck, delay" the whole hospital patient management system will run slowly, but also affect the efficiency of the whole treatment
② the use of blockchain technology can better deal with the speed of seeing a doctor and solve the financial problems of many patients, and "easy financing" is a good example.
5. The biggest feature of jinwowo network technology analysis blockchain is decentralization
at present, the traditional database is centralized recording and storage. Even for remote disaster recovery and cloud storage, it only changes the storage location from one place to multiple places, from local to cloud. If there is a problem with the central server, the disaster recovery database will stop updating data; The blockchain database is distributed record, distributed storage and distributed propagation. Each information is transmitted by a single node to all other nodes in the whole network. Each node is responsible for data recording and storage. No centralized or third-party organization is responsible for management. If one node has problems, other nodes will continue to update and store data, Through the way of decentralization, the stable operation of the system is maintained, and the information is complete and reliable.
6. Neo, formerly known as Xiaoyi, was officially approved in 2014, and started real-time open source at GitHub in June 2015
Neo blockchain combines peer-to-peer network, Byzantine fault tolerance, digital certificate, smart contract, superconcting transaction, cross chain interoperability protocol and other technologies. Contributor: bitewang
7. Explain blockchain with scientific language --- blockchain is a permanent and irreversible modified record generated by superimposing encrypted data (blocks) in chronological order. Many financial institutions in the world, including JPMorgan Chase, HSBC, Citibank and New York Mellon bank, have also cooperated with blockchain companies to study the application of blockchain technology in the financial market. The person in charge of the blockchain Technology Laboratory of Shanghai Heshu software said that when there is no trusted third party in blockchain, all transaction data will be stored in a data block, and the transaction information will form a complete chain and be included in the blockchain, which is a more reliable ultimate solution than the trusted third party.
8.

Zhang Zhengwen: now the network architecture of the Internet is relatively simple, and its data operation principle is to use a special computer language protocol (TCP / IP, HTTP, HTTPS, etc.) to ensure that the data can reach the designated destination safely and reliably

another example is that when we buy things on a shopping website, the website will record users' browsing and purchasing records. If we switch to another shopping website, the search results may be related to the previous ones. This is the inadequacy of the Internet architecture. Users submit data to applications, but do not fully grasp their own data. On the one hand, it will lead to privacy leakage, on the other hand, the data between applications is not shared

Hot content
Inn digger Publish: 2021-05-29 20:04:36 Views: 341
Purchase of virtual currency in trust contract dispute Publish: 2021-05-29 20:04:33 Views: 942
Blockchain trust machine Publish: 2021-05-29 20:04:26 Views: 720
Brief introduction of ant mine Publish: 2021-05-29 20:04:25 Views: 848
Will digital currency open in November Publish: 2021-05-29 19:56:16 Views: 861
Global digital currency asset exchange Publish: 2021-05-29 19:54:29 Views: 603
Mining chip machine S11 Publish: 2021-05-29 19:54:26 Views: 945
Ethereum algorithm Sha3 Publish: 2021-05-29 19:52:40 Views: 643
Talking about blockchain is not reliable Publish: 2021-05-29 19:52:26 Views: 754
Mining machine node query Publish: 2021-05-29 19:36:37 Views: 750