Vernacular block chain: the impact block chain of the general public and its future

As the state announced that the block chain as an important breakthrough in core technology innovation, led encrypted Bitcoin currency staged a lightning jump in prices, with blocks chain concept detached company shares across the board limit, relativity, quantum mechanics, artificial intelligence being non-stop rushed to the wind farm, add wine, food to eat for the block chain feast.

So for the general public, the block chain in the end what does it mean? In this paper the desired target audience is the general public, while the general public is most block chain blind, so I try to open a veil block chain with blind were able to understand the language. Decentralized, distributed books, consensus mechanism, the workload proved asymmetric encryption, intelligent contracts, these B stars vocabulary not and will not mention this article, please rest assured the blind to read.

First, the origin of the block chain

block chain was born in bitcoins (encryption currency, is a form of digital currency) in 2008, a claim filed by the Nakamoto. Due to the huge success of Bitcoin, attracted a large number of imitators, litecoin, Ethernet Square, reboxetine coins and other competing online; on the other hand, technology used Bitcoin - block chain also been a lot of attention, in some industries (finance, insurance, copyright, public services, etc.) to get the initial application.

Second, the block chain is used to do

a word Overview: block chain is a democratization of the Internet technology. The traditional Internet applications are centralized formula: Proton brother in charge micro-channel, ADS Bowen brother final say, the final say jingdong strong brother. So Bitcoin who is in charge? 51% of people have the final say. In other words: Bitcoin and no operators, it is with everyone to build up.

For example: a bit in the village of Lee 250 dollars lent to the king, the king requested Lee to write a promissory note, and afterwards can be identified by the authorities to prevent denial. If we remove the authority, how to verify it do? Nakamoto known as a guy standing at the shimmer said: Some people want to borrow money, you have to be a witness to it. So, Lee in front of the whole village a face to lend money to the king 2. If a dispute occurs afterwards, the village people to vote, as long as most people are honest then lie can not happen. Those who borrow money to do this easily shamelessly need to witness the whole village if the village a little big, there are over 60 million people, then these things will become not easy, much too easy to forget things, so everyone in the village or who are willing to maintain a complete record of their witness list of things that can be put to use at a critical time. This list method coupled with the preservation and use of the information on the list is a bit of a prototype of the village block chain.

Third, the bitcoin block chain and their relationship

block chain was born in bitcoin, and bitcoin all encryption technology base currency are also block chain, the chain block and Bitcoin They are inseparable. But as some of the reasons the block chain technology and development policy, a few blocks chain project does weaken even removed the concept of money, but in essence, such a system can not be counted as block chain as a whole, but should be defined as part of the introduction of the traditional system block chain technology, its most notable feature is: the dark to hide these systems have a central authority, whether it is direct or indirect way, which is obviously contrary to the free block and chain mind democracy.

Currently, the chain rings and coins circle seems to have a tendency to split, but bitcoin block chain built on them as the value of the core data and flag carrier block chain is the basis of the block chain network to operate by way of democratization this is not a chain circles will be denied. Chain ring of coins circle intentional exclusion of attitude will inevitably make people wonder, in fact, the vast majority of projects launched power block chain are derived from its chain Token (popular talk is money) potential value (value or value in circulation ), but on the surface of inconvenience to admit it.

Fourth, the ability to block chain technology innovation worthy of the task

block chain rose to national strategies, both for the chain ring or circle currency development will bring great impetus, especially for a country like ours, policy the influence is clearly enormous.

Although advantageous block chain can not be altered, openness, autonomy, anonymity, but also has a very significant drawback: such inefficiencies, limited data capacity and regulatory difficulties. So personally feel that block chain is difficult to take a leading role in innovation for the country. Block chain has been born more than 10 years, has more or less been some applications in many industries, but the real success of such an application similar to Bitcoin, litecoin, Ethernet Square is limited to the currency circle, that is. While for other types of applications are conceptual and block chain, and wherein the function without using the case where the block chain technique also can achieve, in fact in most cases more efficiently using conventional techniques. Of course, with the further development block chain technology, does not preclude its application will be gradually expanded. But to become the next generation of the Internet industry claimed, obviously not feasible, its inherent disadvantage is difficult to overcome.

Fifth, the impact on ordinary people block chain

due to policy blessing, in the short term, will form a wave of heat and currency hot chain, which is consistent with the characteristics of national character. Specific performance in three areas: online payment change, the whole industry chain of tidal wave of currency speculation and all the people.

The central bank on the chain has been brewing for several years, this policy does not exclude the possibility of providing support and guidance for the central bank to launch its block chain project, although from a technical definition, the central bank chain block chain is not in the true sense, it is inseparable from the center of the authority and supervision of the hierarchy, just in the local details using the block chain technology, but in order to deal with the US in particular, Facebook will release Libra challenge is to seize the initiative, the central bank has enough power and a sense of urgency on chain made money. Perhaps no later than the first half of 2020, the central bank on the chain will become a reality, online payment methods people use every day will usher in major changes, Alipay and micro-payment letter will decline.

All walks of life to catch up with Dongfeng policy will have on the chain, and even the packaging blocks chain concept a number of irrelevant items, in order to obtain a policy to encourage or get excess returns in the capital markets. In this case the wave we have seen recently on "Internet +", we will once again experience the "block chain +" heat. For the general public, means that opportunities and risks in the Gupiaoshichang and investment banking, the situation well several-fold, mishandled was cut chives.

For the money lap, on the one hand platformer currency, such as Bitcoin, litecoin, Ethernet Square, there will be a wave of reboxetine coins and other relatively large market, this policy will be announced at the show that day; on the other hand, there will certainly be a large number of new the currency listed occasion to set up the stage, to the already gradual cooling trend of the currency market hit a shot in the arm. Of course, it will attract a lot of unknown to ordinary people to join the currency laps chasing the dream of overnight riches, most people still last few achievements. The biggest gainers will be the trading platform, some large platform (for example: An coins, fire coin, OKEx, KuCoin, Coinbase, Bitfinex, etc.) is the first gainers, but good at capturing new opportunities and innovative platform will get more opportunities for the host, such as: Hotbit, money is, and then one master, BitForex, rich bits and so on. This wave of market trading platform will also enable major reshuffle.

Sixth, the future of the block chain

due to the underlying technology used in the block chain mechanism has serious flaws, it is inherently lame child, unable to provide services to a wide range of industries as infrastructure, it is difficult to take up in the long term the important task of national technology innovation. So this hot-share block chain has obvious sporty characteristics, it is a long trough after experiencing a short-term peak, and then return to its original position, namely: the Internet as a unique technology within limited areas continue to play its role.


From the original: https: //mp.weixin.qq.com/s/AeKh1TnuqlGQI0uu4zo26A

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