What does the decentralization of virtual currency mean
Publish: 2021-05-16 12:32:05
1. bitcoin is valuable under certain circumstances, but it is worthless under certain circumstances. Because it's not legal tender. It is impossible for any country to get the right to issue legal tender to use any mining machine. Bitcoin is just a virtual number. While it's still possible to change money, change it quickly! It's too late to wait until it's worthless at the end.
2. For example, I borrow money from you in a village. Normally, if I am afraid that you will not repay the money, I can find an intermediary recognized by everyone, such as the village head as the guarantor, and sign an IOU. In this way, if you default at that time, I can find an intermediary to prove that you really owe me money, But there are two problems: 1. What if the village head finds out that his long lost son colludes with him to cheat you on money? 2. What if the middleman dies on the spot the next day! This is about trust and security. If the method of blockchain is to provide you with the certificate of the whole village (distributed), so that everyone knows about it and the other party can't default on it. Second, even if a small number of people or village heads deny (some nodes commit crimes) that they have lost the IOU or tampered with the content, there will still be others to make the basis
above, explain the two problems of building owners: 1. Decentralization, because the account book records are not centralized in the hands of each participant, and you will get paid if you save and keep accounts. 2. Since I can get rewards by saving and keeping accounts, can I just keep accounts instead of storing them? If you have a mining pool, you can keep accounts for it and store it for you. In this way, you can still get good rewards. There are only a few mining pools in the world, so they are centralized
above, explain the two problems of building owners: 1. Decentralization, because the account book records are not centralized in the hands of each participant, and you will get paid if you save and keep accounts. 2. Since I can get rewards by saving and keeping accounts, can I just keep accounts instead of storing them? If you have a mining pool, you can keep accounts for it and store it for you. In this way, you can still get good rewards. There are only a few mining pools in the world, so they are centralized
3. That is, no one can control, not be controlled by the living center of a living group. Therefore, it can not be used as legal tender recognized by the state. There are a group of money speculators who argue that virtual currency will replace paper money every day. It's all bullshit. We must pay attention to investment risks. Now there are many pyramid schemes with virtual digital currency gimmicks to cheat money
4. In token economics, decentralized money is not the only object of value circulation and measurement. Therefore, a fixed amount of decentralized money does not necessarily lead to rejection by the market
decentralization in decentralized money contains multiple meanings: decentralization of money issuance, decentralization of money circulation, decentralization of money withdrawal...
as far as our current economic system is concerned, the issuance of money is carried out by the central bank or other similar institutions and endorsed by the national credit. Therefore, the issue of money is obviously a kind of centralized, controlled by the government or institutions. However, in the current economic system, the circulation of money is decentralized
although in our current financial system, the vast majority of money has been circulating through banks, this mode of circulation is mostly controlled by the money owners themselves, that is to say, the circulation of money is not controlled by central institutions. In addition to some specific financial requirements, some circulation has been regulated; Or the judicial organs may intervene and forcibly manage the circulation of money. In proportion, these centralized operations are very few. Therefore, we can say that in the existing economic system, the circulation of money is decentralized< In fact, the central bank and other financial management institutions make use of the power of currency issuance to regulate the whole market and maintain the stability of economic development and currency
we have learned in economics that the total amount of money circulation should match the current trade situation. In other words, the total amount of money circulation is closely related to the economic situation. The circulation of money needs to be regulated to influence the market; And the market also forces the regulatory agencies to regulate the currency through various feedback, so as to maintain the stability of the currency.
decentralization in decentralized money contains multiple meanings: decentralization of money issuance, decentralization of money circulation, decentralization of money withdrawal...
as far as our current economic system is concerned, the issuance of money is carried out by the central bank or other similar institutions and endorsed by the national credit. Therefore, the issue of money is obviously a kind of centralized, controlled by the government or institutions. However, in the current economic system, the circulation of money is decentralized
although in our current financial system, the vast majority of money has been circulating through banks, this mode of circulation is mostly controlled by the money owners themselves, that is to say, the circulation of money is not controlled by central institutions. In addition to some specific financial requirements, some circulation has been regulated; Or the judicial organs may intervene and forcibly manage the circulation of money. In proportion, these centralized operations are very few. Therefore, we can say that in the existing economic system, the circulation of money is decentralized< In fact, the central bank and other financial management institutions make use of the power of currency issuance to regulate the whole market and maintain the stability of economic development and currency
we have learned in economics that the total amount of money circulation should match the current trade situation. In other words, the total amount of money circulation is closely related to the economic situation. The circulation of money needs to be regulated to influence the market; And the market also forces the regulatory agencies to regulate the currency through various feedback, so as to maintain the stability of the currency.
5. In a system with many nodes, each node has a high degree of autonomy. Nodes can connect freely to each other to form a new connection unit. Any node may become the stage center, but it does not have the mandatory central control function. The influence between nodes will form nonlinear causality through the network. This open, flat and equal system phenomenon or structure is called decentralization
this is the reason for the decentralization of digital currencies such as bitcoin, Ruitai and Qianjin.
this is the reason for the decentralization of digital currencies such as bitcoin, Ruitai and Qianjin.
6. Coin an's rapid layout of the public chain is directly related to Zhao CHANGPENG's values of yearning for a "decentralized world". He has expressed the view that "the future must be a decentralized world" more than once. The launch of coin security's intelligent chain has accelerated the speed of coin security's decentralized layout.
7.
1. Efficiency is different: the efficiency of decentralized network is higher than that of centralized network, but conversely, the security of centralized network is higher. On the whole, centralized network is suitable for high security applications
2. Different characteristics: centralized network means that each time two client computers communicate with each other through the server. The decentralized network is the initial need to go through the server, later communication does not need the server
3. Different costs: the characteristics of collective maintenance of blockchain can rece a lot of costs. The centralized network involves the maintenance, confidentiality, operation and so on of many systems, which must require a lot of human, financial and material resources. These things do not exist for the decentralization of blockchain, so they can save a lot of costs
extended materials:
precautions:
in the aspect of blockchain governance, an interesting trend recently is the re emergence of online virtual currency holder voting as a multi-purpose decision-making mechanism. Sometimes the vote of the coin holder is used to decide who runs the super node of the network (e.g. dpos in EOS, Neo, lisk and other systems), sometimes the protocol parameters are voted (e.g. the upper limit of Ethereum fuel supply), and sometimes the vote and direct application of approval (e.g. tezos) protocol upgrade are also concted
in all these cases, voting is automatic, and the protocol itself contains all the logic needed to change the verifier set or update its own rules, and automatically responds to the voting results
8. Router indicators can be divided into four categories, which are power indicator, Sys system indicator, LAN indicator and WAN indicator. The meanings of these four indicators are as follows:
● power indicator
this indicator is the indicator of power connection. It must be on normally when it works normally. If it is not on, it means that the power is not plugged in or the router is broken
● sys system indicator light
this sys system indicator light is the working status indicator light of the router, flashing means normal. If the sys system indicator light is not on or will be on, but will not flash, then the router is basically in trouble
● LAN indicator light
the LAN interface is connected with the computer. If the network cable connects this interface with the network card interface of the computer, the LAN indicator light will be on after the computer is turned on. If it is not on, it indicates that there is a problem with the interface or network cable. The interface problem may be the router interface or the computer network card interface
● Wan indicator
Wan indicator shows the external broadband signal indicator. Normally on indicates that the connection between the port and the front-end cat is normal. When there is data transmission, such as when there is a device on the Internet, the data will be transmitted normally. During the transmission, the WLAN port will keep flashing
if the WAN indicator is not on, it means that there is something wrong with the cat or the external network cable. If the WAN indicator is on but not flashing, and the mobile phone and computer can't access the Internet, the main reason is that there is a problem with the network line. You can call the network service provider to confirm whether the broadband line is faulty
with the popularity of routers, many netizens now have wireless routers at home. If the router is unable to access the Internet in the future, you should remember to check the router indicator. By analyzing the meaning of the router indicator, you can roughly determine whether it is the router, network cable or networking equipment.
● power indicator
this indicator is the indicator of power connection. It must be on normally when it works normally. If it is not on, it means that the power is not plugged in or the router is broken
● sys system indicator light
this sys system indicator light is the working status indicator light of the router, flashing means normal. If the sys system indicator light is not on or will be on, but will not flash, then the router is basically in trouble
● LAN indicator light
the LAN interface is connected with the computer. If the network cable connects this interface with the network card interface of the computer, the LAN indicator light will be on after the computer is turned on. If it is not on, it indicates that there is a problem with the interface or network cable. The interface problem may be the router interface or the computer network card interface
● Wan indicator
Wan indicator shows the external broadband signal indicator. Normally on indicates that the connection between the port and the front-end cat is normal. When there is data transmission, such as when there is a device on the Internet, the data will be transmitted normally. During the transmission, the WLAN port will keep flashing
if the WAN indicator is not on, it means that there is something wrong with the cat or the external network cable. If the WAN indicator is on but not flashing, and the mobile phone and computer can't access the Internet, the main reason is that there is a problem with the network line. You can call the network service provider to confirm whether the broadband line is faulty
with the popularity of routers, many netizens now have wireless routers at home. If the router is unable to access the Internet in the future, you should remember to check the router indicator. By analyzing the meaning of the router indicator, you can roughly determine whether it is the router, network cable or networking equipment.
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