Where is the future of the block chain and the virtual currency? ——The question of price plunging

in #blockchain6 years ago (edited)

Where is the future of the block chain and the virtual currency? ——The question of price plunging
(I saw an article on the Internet to share )

Block chain and Bitcoin as one of the hottest topics in the last two years, giving the public a lot of imagination! There are also many people to the future financial development scene, and even more people extend to the various industries will bring revolutionary impact! But in the present financial and media environment description, can really tell the nature of the block chain, but there is no, more is the technology of all kinds of speculation and ideas.

This may be because our knowledge is limited, or some people with ulterior motives are constantly touting, of course, not ruled out will become a reality!

What is the block chain in the end, there are so many benefits, so there is the prospect of development? Block: Essentially a database, he is a block chain system in a unit, each user's system can be seemed as a node, this node will have at least one block. Regardless of the number of blocks in the user's system, he can use this block to understand all the previous transaction information.

The reason is that there is a special connection between the blocks, through which he and the block chain system will remain interoperable. The main function of the BLOCK: first, responsible for recording a certain period of time all transactions of the system.

When the record is complete, the system selects a block as the ledger for the transaction and sends the block to the other person to copy the backup.

Second, the record can be queried in the previous block data in the summary data, according to this summary data, you can index the block before the previous period of the block to save the transaction information. Blocks connected to the block chain can be downloaded, that is, anyone can query the transaction information for each block.

According to the record information of each block transaction, the account status of the node can be calculated. There is one of the biggest credit problems in the day-to-day trading process. Because of the association between the blocks, easy to index, query the authenticity of information.

Based on such a system, the behavior of fraud is naturally self-defeating, and in the cost, in addition to the operating cost of the system, basically zero.

As mentioned above, if the technology can be developed and applied, the social value and benefits that he creates are enormous.

However, in terms of current social reality, he is not in line with the current trend of development, if applied in various fields, it may cause serious negative effects. When it comes to block chains, Bitcoin is a topic that cannot be bypassed, because it is the big fire of Bitcoin that brings the concept of a block chain into the heat.

The production process of Bitcoin needs to be computed by computer, which is called "digging", which wastes a lot of electricity and material resources, and what effect the result has on social development, seemingly there is no real value.

And the concept of the node is also a bit of a coincidence, it is the time of the dotcom bubble subsided, become a new concept of speculation, this can not let people think? Even more bizarre is that the recent online variety of coins are also emerging, numerous, are known as Bitcoin Branch, are based on block chain technology.

A lot of direct is to rub block chain heat, plainly is a Ponzi scheme!

More ridiculous is that many people do not understand the block chain, but also in this big talk about the block chain, in this case, the way out, who can see? As some netizens to query me, said the contents are as follows: You do not understand, do not in here blind, and some say I really alarmist, said I was talking nonsense.

That I can't keep pace with the times.

Face Frontline my netizen, I asked a few questions:

1, first explain the concept of block chain, even if you copy from the Internet, they actually copy are too lazy to copy.

  1. Since it is lawful, why should the state forbid it? Don't talk to me. There are legitimate trading platforms in China, please give an example!

  2. Who is the founder of this concept? No one knows, do not take a Ben Cong to say things, this Ben Cong in the end is a person is a ghost do not know!

4, the block chain to the central, how to monitor?

I asked a few questions, they did not answer a question, all the answers, are in the logic, a talk about the substance of the problem, immediately evasive, gu about him.

This shows that the Internet concept always let a lot of people possessed, the key is a lot of people take this compared with Alibaba, there is comparable? This view is only representative of me personally, welcome to explore. If you just want to spray, then there is no point! At least you got some evidence to prove I was wrong!

Coin Marketplace

STEEM 0.18
TRX 0.14
JST 0.029
BTC 57440.82
ETH 3108.89
USDT 1.00
SBD 2.42