Blockchain killer application Han Feng
2017 is the first year of blockchain outbreak, and 2018 will be the first year of blockchain landing
what changes has blockchain brought to the world from 1.0 to 3.0
the development of blockchain can be divided into three stages: point-to-point transaction, smart contract and pan blockchain application Ecology (token economy)
blockchain 1.0 era: the era of digital currency return rate is the king, Digital currency trading is the most important form for people to participate in the blockchain. At this stage, few people really pay attention to the application value of digital currency, let alone the practical value of blockchain technology behind it. People's focus is on the rate of return of digital currency, which is equivalent to buying stocks on another disk. However, this "stock" is more active, and the rate of return is amazing. Of course, it is also full of sorrow
blockchain 2.0 era: smart contract provides infrastructure support for upper layer application development
"smart contract" era, which is the real programmable blockchain, usually represented by "Ethereum", supports Turing's complete scripting language at this stage, It provides the necessary infrastructure for developers to develop any application on the basis of their set "operating system", and realizes the application landing of virtual world. The biggest contribution of blockchain 2.0 is to completely subvert the traditional concepts of currency and payment through smart contracts. In the era of blockchain 2.0, blockchain has formed a trust foundation based on the characteristics of traceability and non tampering, which provides a trusted execution environment for smart contracts and makes it possible for contracts to be automated and intelligent. The biggest difference between the smart contract and the traditional contract is that it is not restricted by the law of the real society. For the contract subject to automatically execute the agreement after triggering the contract terms, However, the arbitration platform no longer judges the execution result in the smart contract, but undertakes the responsibility of execution
blockchain 3.0: the subversion of business lies in the transformation of proction relations
we are now at the junction of 2.0 era and 3.0 era, which can be regarded as an ideal vision for the future virtual digital currency economy, In blockchain 3.0, people can really realize the asset on the chain, build a variety of applications in a large underlying framework, build a platform with no trust cost, super trading ability and extremely low risk, which can be used to realize the increasingly automated distribution of physical resources and human assets around the world, and promote large-scale cooperation in science, health, ecation and other fields
blockchain 2.0 constructs digital identity, smart contract and other infrastructure. On this basis, it hides the complexity of underlying technology, and application developers can focus more on application logic and business logic. That is to say, we have entered the era of blockchain 3.0, which is marked by the emergence of token. Token is the value transmission carrier on the blockchain network, which can also be understood as token or token
the greatest effect of token on human society lies in its transformation of proction relations. Joint stock companies will be replaced, and every actual participant will become the owner of proction capital. This new type of proction relations inspires every participant to contribute his proctivity continuously, which is a great liberation of proctivity. If this kind of business activity is mapped into the inflation of real society, as long as the former outperforms the latter, every token holder will gain over time
it's too early to talk about blockchain 3.0. Although blockchain has gone out of the conceptual stage, the current situation of blockchain technology development is that the underlying technology is not mature enough and the application scenarios are limited. On the one hand, consensus algorithm and other core technologies of blockchain still have room for optimization and improvement; On the other hand, the processing efficiency of blockchain is difficult to meet the requirements of some high-frequency application environments in reality. Moreover, the current mainstream blockchain technology platforms are all originated from abroad. Domestic blockchain technology service providers should patiently start from the bottom development, achieve independent and controllable technology, and strive to lead the development of global blockchain technology, which still needs a certain period of time
the final goal of the competition is to really concentrate on the research of technology and the development of practical application enterprises! According to my observation, among the various applications based on Ethereum, SEC social e-commerce chain has a great chance of landing, which is likely to become a killer application. In the official account of SECblock, weekly weekly reports show that the team is working hard. p>
when the economy is stable, it doesn't rise. When the economy is in turmoil, people begin to store digital currency. Of course, it is convenient for some corrupt elements
now the economy is stable, the digital currency is in a bear market, the financial crisis, the crisis, and only when there is a crisis can there be an opportunity. At that time, the rapid growth of bitcoin was the opportunity in the financial crisis. Don't worry, there will be a bull market in digital currency, which is expected to come in the second half of next year
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
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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/btcsuper energy is a distributed data storage protocol based on blockchain technology. It aims to build a blockchain asset platform based on energy data to promote energy conservation, environmental protection and efficient energy trading
super energy is a public chain, and its technology and implementation code will all be open source. Through the combination of a series of technologies such as point-to-point network, digital certificate, smart contract, superconcting transaction, cross chain interoperability, super energy users can manage digital assets efficiently, safely, quickly and legally.