Decentralized characteristics of blockchain Technology

1. Decentralization is a subversive feature of blockchain technology. It does not need centralized agent and realizes a kind of point-to-point direct interaction, which makes the information interaction mode of high efficiency, large scale and no centralized agent become a reality
jinwowo group will use blockchain technology to promote the legalization of big data business. The encryption of blockchain technology can ensure that the privacy of data sources can be better protected when big data is called, so as to eliminate the bad phenomenon of illegal reselling of big data and rebuild the rules of legal circulation and application in the data market.

2. Chongqing jinwowo analysis is based on distributed bookkeeping, collective agreement and intelligent consensus mechanism. The information characteristics of blockchain technology, such as decentralization, open sharing, authenticity and reliability, once attracted great attention. Among them, the characteristics of decentralization are particularly popular, and the attention to decentralization has existed since the birth of blockchain.

3. On the Internet, the most typical example of centralization is the portal website. By collecting all the information on the Internet on its own platform, the portal website forms a central node, and then extends many branches from this node. Generally speaking, only one node is making decisions. According to the analysis of jinwowo network technology, the characteristics leading to centralization are as follows:

1. The central node grasps the information of distributed nodes

2. The sub nodes do not master the information of other nodes (centralization, non-public transactions)

moreover, the pain point of centralization is that the security of the system depends on the security of the central node, and the distributed node has no control over it.

4. 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.

5.

The essence of decentralization in blockchain technology is decentralization, distrust and collective maintenance

Decentralization: there is no centralized hardware or management organization in the whole network, the rights and obligations of any node are equal, and the damage or loss of any node will not affect the operation of the whole system. Therefore, it can also be considered that the blockchain system has excellent robustness

2. Distrust: the data exchange between each node in the whole system does not need mutual trust. The operation rules of the whole system are open and transparent, and all data contents are open. Therefore, within the specified rule range and time range of the system, nodes can not and cannot cheat other nodes

3. Collective maintenance: data blocks in the system are jointly maintained by all nodes with maintenance function in the whole system, and these nodes with maintenance function can be participated by anyone

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extended data:

blockchain technology never excludes supervision, and supervision nodes can easily access any blockchain network. Due to the open and transparent nature of blockchain, regulators can more easily monitor the transaction data of the whole system, and because of its tamper proof nature

once a transaction occurs, it cannot be changed or deleted, and it is impossible to cheat the supervision by data fraud, which is more concive for the supervision department to supervise the market behavior. Therefore, blockchain will become an important tool of regtech