Characteristics of blockchain

1. The following points are the characteristics of the blockchain summarized by jinwowo group:

1 - Decentralization: because the blockchain relies on each node to achieve system maintenance and ensure the authenticity of information transmission, it is based on distributed data storage without centralized management by a certain center, Therefore, the attack and tampering of a node will not affect the healthy operation of the whole network

2-DE Trust: the establishment of a connection between any two nodes does not need to trust each other's identity, and the data exchange between the two sides does not need the basis of mutual trust. Since all nodes in the network can act as "supervisors", there is no need to worry about fraud

3 - extensible: blockchain is an underlying open source technology, on which various kinds of extension, decentralized and distrusted applications can be realized<

4 - anonymization: the two sides of data exchange can be anonymous, and the nodes in the network can exchange data without knowing each other's identity and personal information

5 - Security and reliability: because the activities between any nodes are supervised by the whole network, and the database adopts distributed storage, for hackers, first, they can't disguise and cheat, Second, we can't control the network only by conquering a node.

2.

Blockchain technology is a new distributed infrastructure and computing paradigm, 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. In short, in the blockchain system, the transaction data generated by each participant will be packaged into a data block after a period of time. The data blocks are arranged in chronological order to form a chain of data blocks. Each participant has the same data chain and cannot be tampered unilaterally, Any modification of information can only be carried out with the agreement of the agreed proportion of subjects, and only new information can be added, and the old information cannot be deleted or modified, so as to realize the information sharing and consistent decision-making among multiple subjects, and ensure that the identity of each subject and the transaction information between subjects can not be tampered with, open and transparent

the technical commonness of blockchain projects: block, account, smart contract and consensus, which constitute the general model of the current blockchain system

today, I want to tell you what is a real dragon ball for blockchain application landing and enabling traditional commerce and trade

first of all, dragon ball technology will develop the electronic business platform integration asset plan, and the cable asset payment facility will serve the upcoming block chain business application landing wave. In the future, valuable assets can be applied to all aspects like WeChat payment and Alipay, which will bring convenience to people's payment and life, and at the same time, increase sales to businesses. This is the commercial value brought by Longzhu. Based on Singapore, the Longzhu foundation in Singapore will radiate the world and aspire to become the leader of new asset technology and contribute to the circulation of global commodity trade

3.

According to reports, blockchain has the advantages of decentralization, distrust and tamper proof

compared with the Internet, the blockchain network conceived by Cosmos not only realizes information interaction, but also realizes the transmission of asset value. Through the IBC cross chain protocol, the token can be transferred across the chain between the blockchains based on Cosmos' tendermint core. For the public chains based on POW consensus mechanism like Ethereum, pegged zone can be used to bridge

Article source: bit110 network

4. If we simplify the description of the operation process of the traditional notarial certificate, it should be like this: the parties apply for notarization - the notary office evaluates the application - confirms the authenticity and legality of the application items - makes, issues and delivers the notarial certificate. The running process of blockchain public certificate is similar. However, the operation mechanism behind the same operation process is not the same. The reason why the public certificate of blockchain is regarded as the Manifesto of the new environment of notarization is that it has made a subversive change to the traditional notarization certificate in the operation mechanism
01, the core operation mechanism of blockchain public certificate
the operation mechanism of blockchain public certificate is composed of two moles: "Notarization management" and "intelligent assistance". After the applicant submits the application, the blockchain notarization system relies on AI technology to audit the identity and information of the applicant. At the same time, the system will review the content of notarial evidence, and then issue a notarial certificate, at the same time on the chain filing. At the same time, the public certificate of blockchain has been formally formed, which immediately meets the online verification needs of users
the core of the operation mechanism of the notarial certificate of the blockchain lies in the application of the blockchain technology. No matter audio, video, photo or document, as long as it is stamped with a time stamp and then put on the chain, it can become an unchangeable and indestructible evidence document
the second important support in the operation mechanism of the notarial certificate of blockchain is the application of artificial intelligence. The application of this technology greatly saves the applicant's application and waiting time, and also greatly improves the speed and accuracy of the notarial office's document confirmation, eliminating the time delay of manual confirmation and possible operational errors<

02, analysis of the characteristics of the operation mechanism of the notarial certificate of blockchain
through the detailed disassembly of the operation mechanism diagram of the notarial certificate of blockchain, it is not difficult to find that compared with the operation mechanism of the traditional notarial certificate, the operation mechanism of the notarial certificate of blockchain has many noteworthy characteristics
the first is synchronization. In the process of generating the public certificate of blockchain, the actions of the applicant and the notary organization are almost synchronous, and the applicant's application and the notary organization's examination, certificate preparation and certificate issuance are almost synchronous. However, in traditional notarization, there is a time interval between the actions of all parties, which is prone to usurpation. Moreover, e to manual operation, a large amount of time cost will be generated, It further causes the delay of the process. The actions of all parties of blockchain notarization are synchronized online, and the action traces and data are generated instantaneously, thus recing the possibility of tampering and ensuring the authenticity and judicial effect of data files
the second is interactivity. In the process of generating the public certificate of blockchain, the actions of the applicant and the notarization institution are interactive - the applicant submits the application, the notarization institution's artificial intelligence audit, the certificate preparation, the certificate issuance, the data archiving, and the applicant's query are carried out alternately. Different from the traditional notarization, the applicant is more in a passive waiting state after submitting the application, which reces the participation of the applicant
dynamic again. In the process of generating the public certificate of blockchain, the evidence file is a dynamic generation process. The process of applying for the notarial certificate is the process of generating the notarial evidence, and this process itself is a part of the notarial certificate. The traditional notarization is that before the notarization, the evidence documents have been basically finalized. What the notary office does is just a process of confirmation and seal, and the dispute prevention function of notarization is weakened

it is precisely because the operation mechanism of the block chain notarial certificate is quite different from that of the traditional notarial certificate, which determines its absolute advantage over the traditional notarial certificate. On the one hand, it meets the people's requirements for efficiency in the digital age; On the other hand, it also strengthens the authenticity and legal validity of notarial documents. Its interactive feature adapts to the Internet era thinking of emphasizing interaction, which makes all parties involved in notarization enter a positive interactive state. Finally, the dynamic nature of the generation of the public certificate of the blockchain greatly gives play to the initiative of the notary organization, rather than passively confirming the existing evidence documents, which can give full play to the original preventive function of the notary.

5. The biggest feature of blockchain is "decentralization"

6. If your blockchain system refers to a decentralized point-to-point system, its characteristics are as follows:
1. The point-to-point system allows members to join freely without middleman, and nodes can interact freely
2. The point-to-point system can speed up information processing and rece costs by replacing middleman

7.

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

8. 1 - disintermediated trust, which has been repeatedly emphasized, is not decentralization but disintermediation
2-stability, reliability and persistence. Because it is a distributed network architecture, no central node can be attacked or attacked, it has stronger stability, reliability and persistence in the overall technical layout
3-strong security, consensus mechanism does not need the entry of a third party, but through one technology to achieve the completion of the whole transaction
4 - the transparency and non tamperability of the transaction
the above four points are the characteristics of blockchain technology application analyzed by Chongqing jinwowo group.