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Blockchain cannot do without computing power
Publish: 2021-05-20 09:06:06
1. blockchain technology will not affect efficiency and waste computing power. The key is to see how to innovate in a mode and how to use blockchain technology efficiently to achieve the effect of the mode
blockchain is essentially an encryption algorithm, which is based on the principle of hash 256 bit algorithm to achieve information security; The application of modern information will become more and more global and universal. Besides the basic requirements of anti tampering, anti repudiation and trustworthiness, the protection of privacy needs to be strengthened. The blockchain technology is proced because of the development of modern cryptography. The cryptography used today is the result of cryptography 20 years ago, Therefore, in order to apply the blockchain technology to more participation scenarios, especially in the Internet economy, more verification is needed to verify whether the existing encryption technology can meet the demand, and more in-depth integration of cryptographic frontier technology and continuous innovation are needed
as long as we use blockchain to make innovations in accounting methods based on our own mode, it will not affect efficiency and waste computing power, but will shorten the time and improve efficiency.
blockchain is essentially an encryption algorithm, which is based on the principle of hash 256 bit algorithm to achieve information security; The application of modern information will become more and more global and universal. Besides the basic requirements of anti tampering, anti repudiation and trustworthiness, the protection of privacy needs to be strengthened. The blockchain technology is proced because of the development of modern cryptography. The cryptography used today is the result of cryptography 20 years ago, Therefore, in order to apply the blockchain technology to more participation scenarios, especially in the Internet economy, more verification is needed to verify whether the existing encryption technology can meet the demand, and more in-depth integration of cryptographic frontier technology and continuous innovation are needed
as long as we use blockchain to make innovations in accounting methods based on our own mode, it will not affect efficiency and waste computing power, but will shorten the time and improve efficiency.
2.
Seeing some answers to the debate on the definition of blockchain, I suddenly realize that my answer to this explanation principle has always been directed at bitcoin. There is no specific and unique answer in the instry between the definition of blockchain. Here I first summarize the characteristics of "blockchain" according to the papers I read:
1; Hash chain & quot There are several nodes participating in the system operation (distributed)
3. Reach a consensus on the consistency of basic data (consensus agreement / algorithm) through a certain protocol or algorithm
since bitcoin is currently one of the most typical and influential applications of blockchain, it will be much easier to understand how bitcoin uses blockchain before understanding other forms of blockchain applications
3. Blockchain is a public account book. You can't say that your natural gas and chopsticks violate the law, because they are just tools
Chinese Mahjong: the world's earliest blockchain project
first of all, a initiates an application. I want to play mahjong and set up a mahjong Bureau, which is equivalent to creating a block, and this block will be broadcast to B, C, D, a, B, C, C, C, C, C, D, D, D, D, D, D, D, D, D, D, D, D, D, D, D, D, D, D, D, D, D D...
in the process of playing mahjong, the above four people constantly play cards, which can be understood as mining, through what to mine? Mahjong machine can understand the mineralization machine. These four miners are the so-called miners. These four miners collide from 144 mahjong, and any right card can be Hu card. We can understand the 144 mahjong as a series of hash values (numbers). The process of Hu card is called computational power. Until Hu card, it means that the right hash value is collided and you can get a reward, Each person will pay the corresponding chips to C and put them in the blockchain. The reward is bitcoin or other virtual coins
Why do the other three people take the initiative to reward C? That's because these people have automatically reached a consensus that C has indeed won, and everyone has recorded the account, including the family members who are sitting next to buy horses. It's not good to deny it, otherwise when it comes out that the character is not good, no one will play with him again. After all, the circle is very important
when we reached a consensus, we didn't see any intermediary or third party judging that C had won, and the rewards given to C didn't need to be transferred to C through the third party. All of them were direct point-to-point transactions. This process was decentralization. The card players (miners) recorded their own achievements in the first game, and the third team won the first game, After the record is completed, a complete block is generated. But remember, this is only the first round. In the whole blockchain, this is just a node. The first eight rounds are finished, that is, eight nodes (blocks). Eight blocks are connected together to form a complete account book, which is the blockchain. Because everyone has one account book, it is a distributed account book. The purpose is to prevent someone from tampering with records. In the end, it is clear who wins or loses.
Chinese Mahjong: the world's earliest blockchain project
first of all, a initiates an application. I want to play mahjong and set up a mahjong Bureau, which is equivalent to creating a block, and this block will be broadcast to B, C, D, a, B, C, C, C, C, C, D, D, D, D, D, D, D, D, D, D, D, D, D, D, D, D, D, D, D, D, D D...
in the process of playing mahjong, the above four people constantly play cards, which can be understood as mining, through what to mine? Mahjong machine can understand the mineralization machine. These four miners are the so-called miners. These four miners collide from 144 mahjong, and any right card can be Hu card. We can understand the 144 mahjong as a series of hash values (numbers). The process of Hu card is called computational power. Until Hu card, it means that the right hash value is collided and you can get a reward, Each person will pay the corresponding chips to C and put them in the blockchain. The reward is bitcoin or other virtual coins
Why do the other three people take the initiative to reward C? That's because these people have automatically reached a consensus that C has indeed won, and everyone has recorded the account, including the family members who are sitting next to buy horses. It's not good to deny it, otherwise when it comes out that the character is not good, no one will play with him again. After all, the circle is very important
when we reached a consensus, we didn't see any intermediary or third party judging that C had won, and the rewards given to C didn't need to be transferred to C through the third party. All of them were direct point-to-point transactions. This process was decentralization. The card players (miners) recorded their own achievements in the first game, and the third team won the first game, After the record is completed, a complete block is generated. But remember, this is only the first round. In the whole blockchain, this is just a node. The first eight rounds are finished, that is, eight nodes (blocks). Eight blocks are connected together to form a complete account book, which is the blockchain. Because everyone has one account book, it is a distributed account book. The purpose is to prevent someone from tampering with records. In the end, it is clear who wins or loses.
4. Tell you what blockchain is and what can it do
what is a blockchain? How does it work
bitcoin has become the trend of modern Internet, followed by blockchain. It is said that blockchain technology will lead to fundamental changes in Internet operation, enterprise operation and everything else
but what is blockchain? Most of us don't know much about blockchain. If you want to understand blockchain, you can read this article carefully
what is a blockchain? In the simplest terms, blockchain is a distributed ledger
to understand what this means, let's first look at its opposite: a centralized ledger. Because blockchain technology starts from finance, we will also use the bank as an example
the following is the process of our bank debit card transaction:
you can buy goods by swiping your card in the store
the merchant sends the bill to your bank to get the agreed amount
your bank will verify whether you are likely to authorize the purchase
banks remit money to businesses
finally, the bank records this information in its ledger
there are a lot of technologies involved here, but basically that's it. The last step is important - the bank keeps track of all transactions made by the customer. This ledger goes all the way back to the first transaction the bank made
the ledger is kept, maintained and supervised by the bank. You can read it in your online bank account, but you can't change it. The bank is in full control. If it decides to make a change, there's nothing you can do
it is crucial that if hackers can access the bank's ledger, it may lead to many problems. They can change the account balance to make it look like some transaction never happened, and so on
that's why distributed ledger is so cool
blockchain network visualization
if the bank operates on a distributed ledger, each member of the bank will have a of the ledger. Whenever any member of the bank makes a purchase, they will tell all other members of the bank
each member validates the transaction and adds it to the ledger (the added record is called a "block"). This has some important benefits because there are no centralized permissions to manipulate records. Hacker access to one ledger won't be a big problem because other ledgers can easily verify it
on the other hand, it requires a lot of work. In short, the second system is blockchain (at least in the financial scenario)
as mentioned above, blockchain is a decentralized transaction list. If I send Xiaoming two bitcoins, I will send a message to everyone in the network, saying "I am sending Xiaoming two bitcoins", and they will record the transaction<
bitcoin and blockchain
let's take bitcoin as an example to illustrate
bitcoin transaction
but the transaction must be verified. This is where blockchain technology has become a bit more complex. Each bitcoin wallet (which we will complete in one second) has a public and private key
you use your private key to send transaction requests to other members of the network and confirm that you have cryptocurrency in your account. If they do, they allow transactions to register on the ledger
the mechanism of public / private key system is very complex, but it comes down to that every transaction is verifiable and secure< However, the computing cost of the whole system is very high. Everyone who updates the ledger needs a lot of authority to validate transactions and modify the ledger. This is where mining comes in. People who verify and modify use their own computing resources, and each time they get a small transaction fee
and they're using a lot of electricity to do it
in this way, each transaction will be verified and added to the ledger, and the person who performs the verification and modification will be paid. This is a reasonable system
at the same time, it is also very safe. To change a single block, you have to change each subsequent block. After all this is done, validation will fail because other copies of the chain will show someone tampered with one
how to define blockchain is a difficult problem
although the mechanism behind blockchain technology is not always intuitive, it seems that it is not too difficult to explain what blockchain is. But what we're describing here is the traditional definition
we can use this special type of blockchain for a wide range of applications;, Such as cryptocurrency, sharing medical information, sending security messages and so on. But more blockchain like technologies are being developed for other uses
for example, companies may use internal blockchains to manage problem tracking in software. Each block in the chain may represent a problem, and users can publish updates to the network. But is this a blockchain? In this case, the ledger is not public, it is only visible within the company
some people will say that this is not a blockchain
other blockchain like technologies are not encrypted. Are they still blockchain? What if it's centrally managed but uses other blockchain features? What defines the lowest level of blockchain technology? There is no consensus on these issues
what is a blockchain wallet
we usually hear people talk about bitcoin wallets, Ethernet wallets and other cryptocurrency specific wallets. But wallet technology can be used in any system that uses blockchain
a wallet is the software or hardware that "saves" your cryptocurrency. But it doesn't really have anything, it's just a place to store public and private keys. This information allows you to access the currency shown in the public ledger
the wallet is the only record of the key. So if you lose it, you will no longer be able to access your cryptocurrency
in the future of blockchain, how will it change our lives
one important thing about blockchain is that it is a public resource and no one really owns it because everyone owns it
blockchain is more than science fiction. We don't need to understand the mechanism behind this technology, but you need to understand that it may completely change our lives in the next 20 years
that sounds bold, but remember, 20 years ago, we were browsing the Internet on Netscape, using the most advanced Motorola flip phone, and buying our first DVD player. At that time, if we imagined that the computer could be held in our hands, and that we could buy a car, pay for money and watch movies on it, it would be considered a fantasy
although the impact of blockchain may not be as obvious as the Internet or as tangible as mobile phones, blockchain will effectively solve many troubles in daily life. For example, intermediary entrapment, transaction delay and so on. In our present life, middlemen can be seen everywhere. We take it for granted that they are a part of our life. If one day, these intermediaries no longer exist, you will find that the world will become a different one
imagine that by 2040, blockchain may become a mature and widely used technology. One day, you can't do without blockchain, just as you can't do without the Internet now, you will be surprised that this decentralized accounting technology has become a part of your lifestyle<
first praise
+ 1
what is a blockchain? How does it work
bitcoin has become the trend of modern Internet, followed by blockchain. It is said that blockchain technology will lead to fundamental changes in Internet operation, enterprise operation and everything else
but what is blockchain? Most of us don't know much about blockchain. If you want to understand blockchain, you can read this article carefully
what is a blockchain? In the simplest terms, blockchain is a distributed ledger
to understand what this means, let's first look at its opposite: a centralized ledger. Because blockchain technology starts from finance, we will also use the bank as an example
the following is the process of our bank debit card transaction:
you can buy goods by swiping your card in the store
the merchant sends the bill to your bank to get the agreed amount
your bank will verify whether you are likely to authorize the purchase
banks remit money to businesses
finally, the bank records this information in its ledger
there are a lot of technologies involved here, but basically that's it. The last step is important - the bank keeps track of all transactions made by the customer. This ledger goes all the way back to the first transaction the bank made
the ledger is kept, maintained and supervised by the bank. You can read it in your online bank account, but you can't change it. The bank is in full control. If it decides to make a change, there's nothing you can do
it is crucial that if hackers can access the bank's ledger, it may lead to many problems. They can change the account balance to make it look like some transaction never happened, and so on
that's why distributed ledger is so cool
blockchain network visualization
if the bank operates on a distributed ledger, each member of the bank will have a of the ledger. Whenever any member of the bank makes a purchase, they will tell all other members of the bank
each member validates the transaction and adds it to the ledger (the added record is called a "block"). This has some important benefits because there are no centralized permissions to manipulate records. Hacker access to one ledger won't be a big problem because other ledgers can easily verify it
on the other hand, it requires a lot of work. In short, the second system is blockchain (at least in the financial scenario)
as mentioned above, blockchain is a decentralized transaction list. If I send Xiaoming two bitcoins, I will send a message to everyone in the network, saying "I am sending Xiaoming two bitcoins", and they will record the transaction<
bitcoin and blockchain
let's take bitcoin as an example to illustrate
bitcoin transaction
but the transaction must be verified. This is where blockchain technology has become a bit more complex. Each bitcoin wallet (which we will complete in one second) has a public and private key
you use your private key to send transaction requests to other members of the network and confirm that you have cryptocurrency in your account. If they do, they allow transactions to register on the ledger
the mechanism of public / private key system is very complex, but it comes down to that every transaction is verifiable and secure< However, the computing cost of the whole system is very high. Everyone who updates the ledger needs a lot of authority to validate transactions and modify the ledger. This is where mining comes in. People who verify and modify use their own computing resources, and each time they get a small transaction fee
and they're using a lot of electricity to do it
in this way, each transaction will be verified and added to the ledger, and the person who performs the verification and modification will be paid. This is a reasonable system
at the same time, it is also very safe. To change a single block, you have to change each subsequent block. After all this is done, validation will fail because other copies of the chain will show someone tampered with one
how to define blockchain is a difficult problem
although the mechanism behind blockchain technology is not always intuitive, it seems that it is not too difficult to explain what blockchain is. But what we're describing here is the traditional definition
we can use this special type of blockchain for a wide range of applications;, Such as cryptocurrency, sharing medical information, sending security messages and so on. But more blockchain like technologies are being developed for other uses
for example, companies may use internal blockchains to manage problem tracking in software. Each block in the chain may represent a problem, and users can publish updates to the network. But is this a blockchain? In this case, the ledger is not public, it is only visible within the company
some people will say that this is not a blockchain
other blockchain like technologies are not encrypted. Are they still blockchain? What if it's centrally managed but uses other blockchain features? What defines the lowest level of blockchain technology? There is no consensus on these issues
what is a blockchain wallet
we usually hear people talk about bitcoin wallets, Ethernet wallets and other cryptocurrency specific wallets. But wallet technology can be used in any system that uses blockchain
a wallet is the software or hardware that "saves" your cryptocurrency. But it doesn't really have anything, it's just a place to store public and private keys. This information allows you to access the currency shown in the public ledger
the wallet is the only record of the key. So if you lose it, you will no longer be able to access your cryptocurrency
in the future of blockchain, how will it change our lives
one important thing about blockchain is that it is a public resource and no one really owns it because everyone owns it
blockchain is more than science fiction. We don't need to understand the mechanism behind this technology, but you need to understand that it may completely change our lives in the next 20 years
that sounds bold, but remember, 20 years ago, we were browsing the Internet on Netscape, using the most advanced Motorola flip phone, and buying our first DVD player. At that time, if we imagined that the computer could be held in our hands, and that we could buy a car, pay for money and watch movies on it, it would be considered a fantasy
although the impact of blockchain may not be as obvious as the Internet or as tangible as mobile phones, blockchain will effectively solve many troubles in daily life. For example, intermediary entrapment, transaction delay and so on. In our present life, middlemen can be seen everywhere. We take it for granted that they are a part of our life. If one day, these intermediaries no longer exist, you will find that the world will become a different one
imagine that by 2040, blockchain may become a mature and widely used technology. One day, you can't do without blockchain, just as you can't do without the Internet now, you will be surprised that this decentralized accounting technology has become a part of your lifestyle<
first praise
+ 1
5. Computing power is a measure of the total computing power of generating new fast units under certain network consumption. If the computing power of the blockchain is insufficient, it is suggested to take a look at the tenth power computing power platform, which provides computing power leasing services.
6. In one sentence, it is decentralization. Blockchain is a new application mode of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other computer technologies. The so-called consensus mechanism is a mathematical algorithm to establish trust and obtain interests between different nodes in the blockchain system. In a narrow sense, blockchain is a kind of chain data structure that combines data blocks in a sequential way according to the time sequence, and it is a distributed account book that can not be tampered with and forged by means of cryptography. In a broad sense, blockchain technology is a new distributed infrastructure and computing method, which uses blockchain data structure to verify and store data, uses distributed node consensus algorithm to generate and update data, uses cryptography to ensure the security of data transmission and access, and uses intelligent contract composed of automated script code to program and operate data. Advantages: 1) the algorithm is simple and easy to implement; 2) There is no need to exchange additional information between nodes to reach a consensus; 3) It costs a lot to destroy the system. Disadvantages: 1) waste of energy; 2) It is difficult to shorten the block confirmation time; 3) The new blockchain must find a different hash algorithm, otherwise it will face bitcoin attack; 4) It is easy to proce bifurcation and needs to wait for multiple confirmations; 5) There is never finality, and checkpoint mechanism is needed to make up for it.
7. Jinwowo network analysis: more vividly, the blockchain is like an electronic linked list, which is composed of blocks one by one, and contains all the valid data in these blocks. Whenever new data appears, it will be packaged and summarized into a new block according to the consensus rules on the chain, and connected to the back of the original chain. Finally, in the whole blockchain system, each participant downloads and saves the complete linked list and updates it all the time.
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