Encryption technology of blockchain Technology

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 does not belong to any instry. Blockchain is a new application mode of computer technology, such as distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and so on. 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.

3. The era of blockchain 1.0 is the era of digital currency, and the technical basis is:
1. Lianzhuang data block structure based on blocks
2. Network wide shared ledger
3. Asymmetric encryption
4. Source code open source
blockchain 2.0 era technical basis:
1. Smart contract; It is an application in the blockchain system. It is a business logic that can run automatically by coding. It usually has its own token and special development language
2. DAPP: it includes the user's applications, including but not limited to various cryptocurrencies, such as Ethereum wallet
3. Virtual machine: used to execute the compiled code of smart contract. Virtual machine is Turing complete
with the application and deepening of blockchain technology, the era of blockchain 3.0 has come. The mode of blockchain cooperation can be seen from behind the operation of all walks of life. Therefore, blockchain will change the way of human life widely and profoundly, so the whole life service will enter the era of blockchain. In the process of Internet development, blockchain + physical instry, blockchain e-commerce and blockchain community operation can be applied to blockchain technology
of course, 3.0 came into being with the development of modern cryptography. Today's applied cryptography is the result of cryptography 20 years ago. Therefore, in order to apply blockchain technology to more participation scenarios, especially in Internet economy and other aspects, 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.

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. First of all, these two are virtual assets. The price of these two kinds of digital currency, or a specific price of digital currency, is determined according to the market situation
the details of these two digital assets are as follows
bitcoin (bitcoin: bitcoin) was originally a kind of network virtual currency, which can buy real-life goods. It is characterized by decentralization, anonymity, and can only be used in the digital world. It does not belong to any country or financial institution, and is not subject to geographical restrictions. It can be exchanged anywhere in the world. Therefore, it is used as a money laundering tool by some criminals
the full name of NMC is "new media chain", the Chinese name is media chain, and the former domain name currency (also referred to as NMC) is two completely different currencies. NMC is the circulating currency of three decentralized application platforms: coin call [blockchain information community portal], coin search [blockchain network query tool], ncoin [digital currency exchange]. However, the prices of these two kinds of digital currencies will fluctuate with the market, which can not guarantee a development prospect. If the current price is concerned, bitcoin will be a bit higher.

6.

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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