Well, everyone is talking about blockchain

1.

blockchain is not deceiving, but deceiving people under the guise of blockchain. In fact, blockchain scam is to make use of people's ignorance of the technology, and then fraudsters rely on various and fancy means to set up scams. Many people only look at the surface when making investments, and finally fall into the trap of high profits

in the current society, more and more people are willing to take this risk to make investment in order to get rich returns, but not all of them can make profits. After all, where there are interests, there are many people waiting, and they will set traps for people to take the t

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precautions

blockchain is a technology. In short, this technology is a new way of data management based on cryptography. Blockchain technology has broad application prospects because it has the advantages of decentralization, non tampering, tracing and so on. And issuing currency is a kind of behavior derived from blockchain technology. At present, the vast majority of blockchain applications which mainly focus on currency issuance and speculation are suspected of illegal fund-raising

blockchain technology is still in early development, and it is difficult to apply it. If you only rely on a white paper to claim that there is an application, it is a deception in itself

2. 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
blockchain technology is considered to be the next generation of disruptive core technology after steam engine, power and Internet. If the steam engine has released people's proctivity, the power has solved people's basic living needs, and the Internet has completely changed the way of information transmission, then the blockchain, as a machine for building trust, may completely change the way of value transmission of the whole human society
first, the essence of blockchain is a distributed public ledger
take a popular example to explain that Mr. w's family, including Mr. W, Mrs. W, Mr. w's grandfather and Mrs. w's grandmother, all record their expenses in their respective books. Because Mr. w's family doesn't trust each other. Mr. W is diligent in raising his wife every month, but Mrs. w may receive 1000 yuan, but she receives 100 yuan. Isn't that a big loss
how to solve this problem with blockchain
if Mr. w gives Mrs. w $1000 one day, he just shouts at the whole family that Mr. w gives Mrs. w $1000. Please write down "Mr. w gives Mrs. w $1000" on their respective account books
so everyone in Mr. w's family becomes a node, and every transaction of Mr. w's family is recorded by everyone (each node)
every night who washes the dishes (proof of workload) can settle the bill in the public ledger, and there is a reward for washing the dishes. A new transaction must be added to the universally recognized ledger of the previous day, and other people will also participate in verifying the transactions of the day
Second, it seems very simple, but blockchain may bring revolutionary changes to human society
1. Machine trust
machine trust is actually trust without trust. For the first time in human history, a large-scale cooperation network unprecedented on earth can be established at near zero cost, which is bound to be a great mass movement
2. Value transfer
the emergence of the Internet has made the means of information dissemination achieve a leap, and information has realized efficient flow, but the efficiency of Internet value transfer is still very slow. At present, e-money on the Internet is still the traditional paper money in essence, and transnational payment is still a big problem
the birth of blockchain is the beginning of human value transmission network. It will enable people to transfer value as conveniently and cheaply as information on the Internet, which can be expressed as capital, assets or other forms
3. Smart contract
smart contract can replace all paper contracts, and more importantly, blockchain can perfectly connect the physical world and virtual world. The perfect combination of blockchain, Internet of things and artificial intelligence makes the imagination more huge
the blockchain itself is actually a super platform. The commercial characteristics of building machine trust, value transfer and smart contract on the blockchain are: ① close to zero trust cost. ② The marginal cost of constructing and trading assets tends to zero
so Mark Anderson, a web browser pioneer, said: in 20 years' time, we will talk about blockchain as we talk about the Internet today.

3. I just want to say that blockchain is a kind of technology, which is hard for outsiders to understand. For example, the provident fund data sharing platform developed by fun chain technology connects the data of provident fund centers in nearly 500 cities across the country, so that citizens in these cities can handle provident fund access and personal tax dection business in different places. In the future, they will no longer have to run in two places

4. 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.

5. Bitcoin plate is big, equivalent to the stock market, I think it is not suitable for novices. virtual currency is still worth playing now. For example, the flow of virtual currency is relatively small, which is more suitable for people who are not willing to save and who are not willing to take too much risk.

6. Blockchain technology plays a very important role in the future application field. For example, blockchain can solve the problems that small and medium-sized micro enterprises are difficult to obtain bank credit and often face difficulties in loan and financing. Hashton blockchain company will use blockchain technology to help traditional enterprises carry out chain reform and solve the problem of entity operation.

7. Blockchain is a technical solution to maintain a reliable database collectively through centralization and distrust in the past
generally speaking, blockchain technology refers to a way for the whole people to participate in bookkeeping. There is a database behind all the systems. You can think of the database as a big ledger. So it's very important who keeps this account book. At present, whose system will keep accounts, wechat's account book is Tencent's account book, and Taobao's account book is Ali's account book. But now in the blockchain system, everyone in the system can have the opportunity to participate in bookkeeping. If there is any data change in a certain period of time, everyone in the system can conct bookkeeping. The system will judge the person who has the fastest and best bookkeeping in this period, write the content of his records into the account book, and send the content of the account book to all other people in the system for backup. In this way, everyone in the system has a complete account book. This way, we call it blockchain technology
cryptocurrencies such as bitcoin, Puyin, Ethereum and dogcoin are just an application of blockchain.

8. Blockchain belongs to the underlying technology of the Internet
today's blockchain is like the Internet of the 1990s,