ATMB small cross chain miner
1. Enjin (enj)
in the near future, the game instry is the instry most likely to adopt blockchain on a large scale. Enjin coin is the cryptocurrency of virtual goods created by Enjin. Enjin is the "largest online gaming community platform" with more than 250000 gaming communities and 18.7 million registered gamers
Cardano (ADA)compared with Ethereum, EOS and Tron, Cardano is the third generation of decentralized app (DAPP) and smart contract platform. Cardano's design philosophy has the following points:
scalability: with the growth of users, the transaction processing speed is not affected or even faster, such as P2P protocol
interoperability: in the future, there will be countless devices connected to each other, instead of only connecting and forwarding through routers. All kinds of devices can communicate directly through standard general protocol
Sustainability: like bitcoin, Cardano project will not be controlled and influenced by a certain company or organization, which is a safe, decentralized and sustainable development platform
With the popularity of sto (security token offers), Nash also plays an important role. Nash is a kind of registered security token. In the past, Nash participated in and led the development of many projectsNash exchange is a decentralized exchange. If you hold nex token, you can calculate the dividend here
4. Basic attention token (BAT)
bat mainly solves the problem of advertising:
user information is abused: large companies such as Google and Facebook track and use user information and behavior, and sell without the knowledge of users
the effect of advertising is restrained: middlemen earn most of the fees, a large number of advertisements are blocked by users using software, and advertisements are fake
in the past six to 12 months, the number of publishers using the brand browser (Note: the brand browser supports bat token) has grown rapidly, and almost no blockchain ecosystem has grown so fast
5, chainlink (link)
chainlink mainly solves the problem that each blockchain has and the smart contract cannot obtain external data. In order to introce external data into the blockchain, the concept of Oracle is proposed in smart contract
companies including Google are supporting the development of chainlink. Here is a list of chainlink partners
one of the main problems of chainlink is similar to Ethereum. The development team has reserved 650 million link tokens, while only 350 million are in circulation at present
Ethereum (ETH)Ethereum has long occupied the second place in the top 100 cryptocurrencies. Its ecology is so big that we can't call it altcoin now. To tell you the truth, I'm not optimistic about Ethereum in the long run, but it will flourish in the short run
Background: the financial application of blockchain technology brings high investment value
2018 China international big data instry Expo opened in Guiyang City, Guizhou Province on the 26th. At the meeting, it was pointed out that China will vigorously develop the digital economy in the future, deeply implement the action plan for the development of big data and cloud computing, and deeply study blockchain technology and application. Especially in the field of finance, the landing application has become the focus of the scientific and financial circles
1. The value source of blockchain is that it can perfectly solve the pain points of the current financial instry:
in today's asset securitization, insurance, supply chain finance, commodity trading, asset custody and other financial scenarios, e to many participants, high cost of credit evaluation, low settlement efficiency of intermediary institutions and other reasons, Traditional financial service methods are difficult to effectively solve the long-standing core pain points in the instry, such as information asymmetry, complex and rendant processes, and high information verification cost
2. Why can blockchain solve the above pain points:
blockchain technology integrates many basic technologies, such as distributed accounting, tamper proof, built-in contract, etc., and constructs a trust building mechanism with lower cost. The financial application based on blockchain technology can realize the ability of all market participants to obtain all transaction information and asset ownership records in the market without discrimination, and effectively solve the problem of information asymmetry; Smart contract embedding reces the error rate of payment and settlement, simplifies the process and improves efficiency; At the same time, based on transparent information and brand-new trust mechanism, there is no need to spend manpower, material resources and financial resources to confirm information among participants, which will greatly rece the trust cost between institutions, and then rece the price of financial services and transaction costs
3. The application of blockchain technology in the financial field mainly includes the following aspects:
among which bitcoin is the most famous. On the basis of bitcoin, a large number of other types of decentralized digital currencies have been derived. Such as: the heyday of bits
Compared with the traditional payment system, blockchain payment can directly carry out end-to-end payment for both parties without the help of the banking system, which can greatly improve the speed and rece the cost③ digital bills
④ bank credit management: the advantage of blockchain is that it can rely on program algorithm to automatically record credit related information and store it on every computer in the blockchain network, with transparent information, tamper proof and low cost
The major financial institutions and exchanges in Europe and the United States have explored the application research of building the next generation of financial asset trading platform based on blockchain technology4. The development prospect of blockchain. The future development of blockchain technology will have the most vitality with alliance chain as the entry point, and will have a significant effect and far-reaching impact on the transformation of traditional financial instry pain points
in response to the good investment prospects of blockchain, domestic enterprises such as Alibaba, Jingdong and Netcom have entered the market. The application of financial scenarios based on blockchain technology not only brings us security and convenience, but also provides us with broader investment space. The rise and price surge of digital currency represented by bitcoin (bitcoin was about RMB 20 cents when it was first listed in 2009, and its current price is about US $7300!) It's the best proof that people with a keen sense of smell have made a lot of money from it
Abstract: This is an encrypted digital currency based on the bitcoin developed by Nakamoto Tsung, which improves and adds many new functions, such as the double-layer reward system network, also known as the main node network. It also includes anonymous payment to improve the interchangeability (bitage) and real-time payment function docking to realize real-time transaction confirmation without relying on the authority of the center (P2P mall) In 2009, Nakamoto put forward the concept of bitcoin. Since then, bitcoin has spread rapidly in mainstream applications and commercial uses, becoming the first digital currency to attract a large number of users, which is a milestone in the history of digital currency. However, from the perspective of completing the transaction, we can find an important problem, that is, it takes too long for bitcoin block to confirm the transaction. Traditional payment companies have found a solution to enable the buyer and the seller to realize zero confirmation of bitcoin transaction, but this solution usually requires a trusted third party to complete the transaction outside the agreementbitcoin provides pseudonym transaction, realizes the one-to-one transaction relationship between sender and receiver, and can always record the transactions occurred in the whole network. Bitcoin only provides low-level privacy protection, which is well known in academia. Despite this deficiency, many people still believe in the transfer history recorded by blockchain
based on Nakamoto's achievements, bitshengshi is an encrypted digital currency with the purpose of protecting privacy. We have made a series of improvements on the basis of the concept of bitcoin, resulting in a decentralized cryptocurrency with good anonymity. It supports tamper proof real-time transactions, and has a point-to-point sub network that can provide service reward system for bitsheng network
2. Master node network
the whole node is the server running on the P2P network, so that small nodes can use them to accept the dynamic changes from the whole network. These all nodes need significant traffic and other resources that consume a lot of cost. Therefore, it will be observed that the number of these nodes on the bitcoin network presents a steady downward trend over a period of time, so that the block broadcast time needs an additional 40 seconds. In order to solve this problem, many solutions have been put forward, such as the introction of Microsoft Research's new incentive plan and bitnodes incentive plan
Figure 6: mining reward model
however, most of the coins born after 2015 are POS mechanism, there is no mining machine, they are all purse mining. This year's sudden emergence of the Ruitai coin is the best example, using a one-time mining.
1 walk 331 meters to zhouzhuangzi, take 186 (via 2 stops | 29 minutes), take 688
2 get off at Dagu South Road, take 682 (via 5 stops | 23 minutes)
3 get off at Yinhe Park, and walk 265 meters to
cultural center station
before the birth of bitcoin, global information transmission was realized through the Internet's TCP / IP (Transmission Control Protocol / Internet Interconnection Protocol) protocol to achieve high-speed and low-cost transmission. However, with the development of interconnection technology (Internet, Internet of things, VR / AR), the ways of interaction between people and objects, people and information are more diversified, More entities are digitized or token, just the sharing and transmission of information can not meet the economic and social development, so when the entity is digitized or token, people pay more and more attention to the value transfer and how to transfer these assets and values point to point
on October 31, 2008, Satoshi Nakamoto published bitcoin's white paper "bitcoin: an e-cash in peer-to-peer network" for the first time, and proposed to realize value transfer through decentralized bitcoin network. In the bitcoin system, all participants in the whole network are the supervisors of the transaction, and both parties can complete the transaction without establishing a trust relationship. Blockchain technology has changed the way we obtain and share information, creating a new distributed, point-to-point ecological society
before the emergence of bitcoin network, we have been unable to transfer and transmit the value of point-to-point through the Internet without the help of third-party trusted institutions. Bitcoin network is the first value transfer protocol (VTP) running on the information superhighway. At present, with the maturity of blockchain technology, the application scenarios of blockchain are not limited to bitcoin and Ethereum. Bitcoinpc tries to combine the above and below blockchain to form the ecological environment of the third blockchain, and further uses VTP protocol to realize point-to-point value transmission
since 2009, with the value of bitcoin being accepted by more and more people and the price rising, bitcoin market has graally become a mecca for global investors. The reason lies in the continuous improvement of investment threshold, continuous compression of investment profit margin and excessive policy intervention compared with other instries, The symbolic significance of blockchain technology and the low value of currency market have become the fundamental reasons for the continuous influx of funds
at present, the blockchain technology in the market is mainly divided into three times:
& #10146; The first era is a point-to-point e-cash system represented by BTC< br />
➢ The second era is the open smart contract complete solution represented by eth< br />
➢ The third era is to solve the problem of eth performance shortage and block congestion, and strive to achieve better commercial value of public chain cluster
it can be inferred that after nearly a decade of crazy speculation in the early stage of the currency market, the next decade will usher in the golden age of value investment. At this time, how to choose an undervalued and high-quality project has become the primary task, just as Bill Gates invested in Coca Cola
what is BPC
BPC, full name bitcoinpc, bit capacity, is a new cryptocurrency based on proof of capacity (hereinafter referred to as POC)
BPC is a digital asset and application platform of blockchain. It provides a new proof of capacity, and provides bitcoinpcasset and bitcoinpcid functions at the bottom of the system, which makes it very convenient for people to carry out asset digitization business, not just to create native tokens on the blockchain
by taking the capacity of hard disk as the basis of consensus, BPC makes its proction more decentralized, makes it more secure and credible, and enables everyone to participate in the proction of cryptocurrency, and generates credit and value through mathematics
BPC's choice of computer hard disk mining is a disruptive innovation. There are CPU, GPU and hard disk as mining equipment in computer. CPU and GPU can not avoid becoming AISC mining machine in the end. At the same time, CPU and GPU will cause a lot of energy waste. The hard disk has the characteristics of anti AISC and power saving. The hard disk can keep its operation only by simple disk scanning. BPC chooses hard disk mining to avoid the defects of CPU and GPU perfectly. The maximum mining capacity of a single mining machine is 8t, avoiding some POC currencies, After a certain stage of development, small households can't enter the market, but big ones are playing. They are playing the same way as POW mining. Small capacity PC mining machine makes it easier to lay out the ecology, enter thousands of households, and realize the idea of Zhongben congren mining. The revolution of POC mining has already started, and the next wave of bull market will proce the leading currency of POC. We'll see< Deterministic: the behavior of the program is deterministic, and the consensus is reached, and the non deterministic factors are excluded in the design of the system
2. Time: Based on POC mechanism, BPC provides system call based on block time stamp, which can regard the whole blockchain as a time stamp server and obtain the time stamp when any block is constructed< Randomness: bitcoinpc runs in two ways to obtain random numbers:
(1) when each block is constructed, the consensus node will reach a consensus on a random number and fill it into the field of the block, and the mining program can read the word segments of any block
(2) the mining program can use the hash value of the block as a means of generating random numbers, Because the hash value of a block is random, a weak random number can be obtained by this method< Data source: bitcoinpc provides two kinds of deterministic data sources:
(1) blockchain ledger
the program can access all the data on the whole blockchain through interoperability services, including complete blocks and transactions, as well as each of their fields. The data on the block is deterministic and consistent, so it can be accessed safely
(2) contract storage space
every node deployed on bitcoinpc has a private storage area which can only be accessed by the node itself. The consensus mechanism of bitcoinpc ensures that the storage state of each node is consistent. Bitcoinpc does not provide a direct way to access the data outside the chain. It needs to send the data outside the chain to the inside of the chain through transaction, so as to convert it into the above two types of data sources before it can be accessed
5. Node call: bitcoinpc nodes have the ability to call each other, but cannot call recursively< High performance: bitcoin PC adopts lightweight VM (virtual machine) as its node's execution environment, which has fast startup speed and small resource occupation, so it is suitable for short programs like nodes. JIT (just in time compiler) technology can significantly improve the execution efficiency of virtual machine
7. Extensibility: the calling relationship between nodes of bitcoinpc is static, and the calling target cannot be specified at runtime
8. Low coupling: bitcoinpc system adopts low coupling design, and the block program communicates with the outside through the interoperability service layer when executing< High efficiency and energy saving: the mining economic model of POC makes miners become a community of ecological interests, and uses money as a new means of proction to replace the original power consumption resources, which makes the whole ecology of BPC expand automatically. Everyone in the world who can buy a hard disk can participate in mining<
BPC application scenarios
superconcting transaction: bitcoinpc will incubate blockchain superconcting transaction projects in the future<
smart Fund: bitcoinpc will increase investment in smart fund projects in the future. It is very similar to the Dao project based on Ethereum, but it tries to improve security through some methods to avoid repeating the mistakes of the Dao
cross chain interoperability: bitcoinpc provides support for the implementation of cross chain interoperability, which can not only realize cross chain asset exchange, but also run cross chain distributed transactions, run on different blockchains, and ensure their consistency<
BPC distribution mechanism
total number of BPCs issued: 42 million
4.2 million (10% of the total number): used to motivate bitcoinpc developers and bitcoinpc board members (pre excavation)
2.1 million (5% of the total number): used to encourage bitcoinpc community construction (output of each mining block)
35.7 million (85% of the total number): used for miners to mine
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block proction time: 10 minutes
initial block size: 100bpc / block
block capacity: 10M
half cycle: 4 years
initial TPS: 70 transactions / second
the formation of blockchain instry was once closely related to the birth and development of bitcoin, but blockchain is not equal to bitcoin and other digital coins. After the boom of bitcoin and other virtual currencies graally subsided, countries have begun to realize the real value of blockchain as an emerging underlying computing technology, and have accelerated the strategic layout. Globally, the application scenario of blockchain has basically realized the extension from the initial digital currency and mining machinery manufacturing to financial services. At present, it is developing to supply chain, digital right, food and drug traceability and other fields
key R & D directions of China's blockchain technology include large-scale consensus algorithm, smart contract technology, software and hardware privacy protection, cross chain protocol, blockchain storage, etc. Among them, there are high R & D bottlenecks in large-scale consensus algorithm, cross chain protocol, blockchain storage and other technical fields. At present, smart contract technology and cross chain protocol have been applied in depth, and can significantly improve the efficiency of blockchain application
the instrial structure of blockchain tends to be convenient for developers: through any service network portal, blockchain application developers can purchase cloud resources with TPS (transactions per second), storage capacity and bandwidth as charging standards at any public city node in the world. Users can choose any underlying framework that has been adapted to develop, deploy and operate blockchain applications with extremely low cost and convenient operation
the underlying framework of alliance chain will become the mainstream service in the instry: most of the underlying frameworks of alliance chain adopt the concept of LAN deployment, and each underlying framework of alliance chain complies with a series of unified standards when adapting to the service network, such as key algorithm and gateway SDK. Developers can use the same key certificate to access different applications of different underlying frameworks through authorization
the Xueshuo innovation blockchain Technology Workstation of Lianqiao ecation online is the only approved "blockchain Technology Specialty" pilot workstation of "smart learning workshop 2020 Xueshuo innovation workstation" launched by the school planning, construction and development center of the Ministry of ecation of China. Based on providing diversified growth paths for students, the professional station promotes the reform of the training mode of the combination of professional degree research, proction, learning and research, and constructs the applied and compound talent training system.