Li Lihui's blockchain throughput

1.

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 information of bitcoin network transactions, Used to verify the validity of its information (anti-counterfeiting) and generate the next block

extended data

most blockchain public chains are limited by scalability. The biggest feature of blockchain technology is decentralization, which requires that all accounts in the network need to deal with the accounting process. Distributed accounting has high security, low misoperation rate, political neutrality and correctness

however, blockchain technology embraces these features at the same time, sacrificing scalability, unable to meet the personalized supervision, and slightly insufficient in protecting data privacy. Moreover, with the increase of the number of ledger, the interaction delay will increase exponentially, that is to say, the more ledger in the blockchain network, the higher the delay

2. Blockchain has the following characteristics:
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

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

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

3. Blockchain technology has been widely sought after since it came out, and is regarded as the leading technology of a new round of instrial revolution., At present, blockchain has gone out of the concept stage and is about to enter the era of blockchain 3.0. But unfortunately, there are still many security loopholes in blockchain technology in this era. Both blockchain enthusiasts and cryptocurrency speculators have heard and witnessed the endless debate about the limited transaction throughput and high fuel cost and low efficiency of blockchain, and deeply felt the bottlenecks and pain points of blockchain technology in these instries, which are greatly related to the inherent deficiencies of blockchain architecture
ecol ecol is an intelligent, efficient and molar blockchain ecosystem and application scenario solution with unified standards for the security vulnerabilities of blockchain technology, which is committed to building a programmable society with smart contracts. Ecol ecosystem enables the blockchain ecosystem to use blockchain, big data, Internet of things, artificial intelligence (AI), virtual reality (VR) and many other technologies to help people from all walks of life seamlessly connect the existing systems and services with the blockchain, and jointly accelerate the implementation of the blockchain from "technical concept" to commercial scene
ecol ecol has 10 core technological innovations compared with other "blockchain black technology". Main chain and side chain technology, cross chain communication, support high concurrency, inhibit block inflation,
both integration and division of labor, both security and convenience; Artificial intelligence
AI
coordination of molar intelligence system, to provide alternative functional moles; Unique virtual machines and smart contracts support all kinds of creative smart contracts; Block fog and fog storage fog computing technology, smaller network delay, fast response; Lower security risk; The al quantification of block structure and digital assets has great significance of standardization, normalization and unification of block structure and digital asset valuation; Matching hardware wallet, light wallet and cold wallet, it integrates all the functions of eating, drinking, basic necessities of life, work and life. The integration of blocks and transactions enables each transaction to directly participate in maintaining the transaction order of the whole network, which greatly improves the efficiency. Ten core technological innovations to jointly build a complete ecol ecosystem.

4. The biggest feature of blockchain is "decentralization"

5.

A: the basic characteristics of blockchain

I. 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

Second, openness

the foundation of blockchain technology is 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

Third, 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

Four, safety

as long as 51% of all data nodes cannot be controlled, the network data cannot be arbitrarily controlled 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 transmission can be anonymous

6. Blockchain technology has three obvious characteristics: openness, security and uniqueness
openness mainly refers to that the stored information in the blockchain is completely open to all participants. This is mainly determined by the point-to-point network storage mode of the blockchain. In the blockchain network, each node can store a of the blockchain, and the uniqueness of the blockchain can ensure that the is exactly the same between different nodes
security mainly refers to that the information stored in the blockchain block is saved after being processed by digital encryption technology, and only the private key holder can decrypt the information to obtain the real information. Other members can only see and verify the integrity and uniqueness of information, but cannot see the real information
uniqueness is mainly e to the fact that the information on the blockchain cannot be tampered with once it is on the chain, so it is unique. Of course, the uniqueness here also includes the uniqueness in space, that is, all nodes have only one version of information, and also includes the uniqueness in time, that is, the historical data cannot be changed. This uniqueness also means that the blockchain maintains the characteristics of a unique main chain in the process of operation, and once other chains appear, it is a bifurcation. The emergence of bifurcation will lead to the plication of blockchain in two different spatial dimensions. Of course, to solve this problem, we need to set reasonable consensus rules to avoid. When the concept of blockchain was hot, many related top domain names were registered and used as blockchain platforms.