Blockchain private chain
blockchain includes public blockchain, joint (instry) blockchain and private blockchain. Public chain point-to-point e-cash system: bitcoin, smart contract and decentralized application platform: Ethereum
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 bitcoin network transaction information, Used to verify the validity of its information (anti-counterfeiting) and generate the next block
extended data
according to the different degree of blockchain network centralization, three kinds of blockchains under different application scenarios are differentiated:
1. The blockchain with the whole network open and without user authorization mechanism is called public chain
2. The authorized nodes are allowed to join the network, and the information can be viewed according to the authority. It is often used in the inter agency blockchain, which is called alliance chain or instry chain
3. All the nodes in the network are in the hands of one organization, which is called private chain
alliance chain and private chain are also called licensing chain, and public chain is called non licensing chain
blockchain features
1, 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
2. 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
3. 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
4. Safety. As long as 51% of all data nodes cannot be controlled, the network data cannot be arbitrarily manipulated 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 can be transferred anonymously
Public chain, also known as "public chain", refers to the blockchain that anyone in the world can enter the system at any time to read data, send confirmatory transactions and compete for bookkeeping. The public chain is generally considered to be "completely decentralized", because no indivial or institution can control or tamper with the reading and writing of data in it. In terms of application, blockchain public chain mainly includes bitcoin, Ethereum, super ledger, most counterfeit currencies and smart contracts. The ancestor of blockchain public chain is bitcoin blockchain, which has the following characteristics:
1, open source code
upload the code to GitHub, and everyone can get complete blockchain data by downloading, Accept the test of the public
2, complete decentralization
anyone can become a node, each node is open, everyone can participate in the calculation of the blockchain, any node is not permanent, but phased, and any center is not mandatory for nodes. Anyone can read and send transactions, and transactions can be effectively confirmed on the blockchain. Anyone can participate in the consensus process. The consensus process determines whether a block can be added to the blockchain and the exact current state. Everyone can get financial reward from it, which is proportional to their contribution to the consensus process. These public chains are generally considered to be "completely decentralized"
3. Developing decentralized applications
through this public chain, developers can easily develop centralized applications. Public chain can protect the rights and interests of users from the influence of program developers
public chain: open to all, anyone can participate
private chain: open to indivial indivials or entities
alliance chain: open to specific organizations
Blockchain is strictly divided into three types: public chain, private chain and alliance chain. The core difference between these three types of blockchains is the degree of openness or decentralization of access rights. Generally speaking, the higher the degree of decentralization, trust and security, the lower the transaction efficiency
generally speaking, each type of blockchain has its own specific mode and value, which is better than others. As long as the demand is solved, the blockchain is valuable
The public chain is open to all, the private chain is open to indivials who meet specific conditions, and the alliance chain is open to authorized organizations or institutions
public chain, also known as public blockchains, refers to a consensus blockchain that can be read by anyone in the world, sent by anyone, and effectively confirmed
private chain, also known as fully private blockchains, refers to the blockchain in which the write permission is completely in the hands of an organization, and all nodes participating in the blockchain will be strictly controlled
alliance chain, or alliance blockchains, refers to a blockchain that is managed by several organizations or institutions. Each organization or institution controls one or more nodes and records transaction data together. Only these organizations and institutions can read, write and send transaction data in the alliance chain
< H2 > extended data:
blockchain has three types: public chain, private chain and alliance chain
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 disintermediated 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 the information of a bitcoin network transaction, Used to verify the validity of its information (anti-counterfeiting) and generate the next block
< H2 > reference: blockchain networkprogram developers have no right to interfere with users, and each participant (i.e. node) can freely join and exit the network, and carry out relevant operations according to their wishes
private blockchain is on the contrary. The write permission of the network is fully controlled by an organization or institution, and the data read permission is regulated by the organization, either open to the outside world or with a certain degree of access restrictions
in short, it can be understood as a weakly centralized or multi centralized system. Because the participating nodes are strictly limited and few; Compared with public chain, private chain has shorter time to reach consensus, faster transaction speed, higher efficiency and lower cost
the alliance chain is a blockchain between the public chain and the private chain, which can realize "partial decentralization"
each node in the chain usually has its corresponding entity or organization; Participants join the network through authorization and form a stakeholder alliance to jointly maintain the operation of the blockchain.
Since 2018, the blockchain instry has been booming. The exploration and application of blockchain is not limited to the underlying platform. Internet giants and financial giants have strengthened the application of blockchain in finance, public welfare, commodity traceability and other fields, especially in the financial field. The application with blockchain technology as the core has been accelerated
the blockchain instry is in the stage of rapid development. According to the data of in-depth analysis report on business model innovation and investment opportunities of blockchain instry published by foresight Instry Research Institute, , by the end of March 2018, 456 blockchain companies mainly engaged in blockchain business in China, from upstream hardware manufacturing, platform services, security services to downstream instrial technology application services, To ensure the development of the instry investment and financing, media, talent services, companies in various fields have been basically complete
analysis on the trend of the number of newly established companies and financing events in China's blockchain instry from 2013 to 2018, The application scenarios of blockchain have been graally enriched. According to the distribution of instry segments, there are 7 instry application companies, mainly Internet companies (Alibaba, Jingdong, Tencent) used in public welfare and commodity traceability, and innovative financial technology applications evolved by financial enterprises (Ping An, CMB, BOC), such as supply chain finance, bills and transaction clearing
because the blockchain can realize the non tampering of information, the possibility of data falsification is eliminated from the root, especially the financial instry, which has high requirements for real data, will embrace the blockchain more actively
analysis on the development trend of blockchain
Secondly, blockchain has become a new hot spot for innovation and entrepreneurship, and technology integration will expand new application space Thirdly, blockchain will be widely implemented in the real economy in the next three years, and become an important support for the construction of Digital China Fourthly, blockchain creates a new platform economy and opens a new era of sharing economy Fifthly, blockchain accelerates the process of "credible digitization" and drives finance to "move from virtual to real" to serve the real economy Sixth, the blockchain supervision and standard system will be further improved, and the instrial development foundation will continue to be consolidatedin addition, as an emerging technology, there are still many technical difficulties in the application of blockchain in the actual proction environment of the financial instry, such as throughput, scalability, consensus mechanism, privacy and security, manageability, etc
technological innovation such as blockchain is of great significance to the financial instry, which is expected to accelerate the process of "credible digitization" and continue to drive the financial "from virtual to real"
the openness and decentralization of alliance chain are limited. Its participants are screened out in advance or specified directly. The read permission of the database may be public, or it may be limited to the participants of the system just like the write permission. Currency exchange of digital currency
2. Public chain
public chain is that every node in the blockchain is open, everyone can participate in the calculation of blockchain, and everyone can download complete blockchain data, also known as blockchain ledger
public chain refers to the process that anyone in the world can read and send transactions, and transactions can be effectively confirmed on the blockchain, and anyone can participate in the consensus process. The consensus process determines whether a block can be added to the blockchain and the exact current state
3. Private chain
202. What is private chain
private chain refers to the blockchain whose write permission is only in the hands of one organization. Read access is either open to the public or restricted to any extent. Related applications include database management, auditing, and even a company. Although in some cases, we hope it can have public auditability, in many cases, public readability is not necessary. It can be said that each of the three chains has its own advantages.