Block chain and we ordinary people have to do with it?

in #blockchain7 years ago

After the birth of the Internet, people have been looking forward to the next real outlet, the trend is strong and unstoppable, the pig will not fly up and stopped, let the pig fell into a patty.
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Listed companies desperate to add their own blockchain concept, such as Kodak, a veteran loss-making companies soared 245.16% on its share price. Network red investors Xu Xiaoping recently issued by gong prosperous gimmick, Jingdong, love Fantastic Art, Huawei, millet and other companies to open up the development of blockchain does not say, even the best sellers of the century are opening blockchain R & D manager. What's more, PubMed counseling teachers are given in 2019 English reading test points. WeChat Index on January 13 block chain to 10,118,434 force artificial intelligence come out on top.

Because people in the entrepreneurial age believe that opportunities are like the wrong price of goods, fleeting.

However, through a variety of commentary, comic version, the dissertation version, the video version, the speech version, you still do not understand the blockchain in the end is what kind of technology. It does not matter, those who explain to you did not completely understand. Because this is an early technology. For example, robots will be given you someday by robots, but for the moment we are just imagining that no one has explained its specific mode of operation because it can be said that it has long been made.

Some netizens said to go to the offline activities of the blockchain community, the basic technology was not talked about, the questions and quiz are all fictitious concepts, there are very straightforward entry white, the request of the cattle can be simple and crude - which Money can rise?

Block chain and we have an ordinary relationship?
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Bitcoin is a typical digital currency, it is based on the blockchain technology, across the country lost the bank directly to achieve a point-to-point transaction transfer. It looks like speculation of unmanned premium exchange. Even more attractive is the master blockchain technology, maybe you can issue your own currency, you need money also earned it? Make it yourself

Looks even the location of the lamp is marked out, do not hurry to find? Everyone may be Aladdin.

But money, is it made?

Buffett interviewed bluntly: the virtual currency will not be a good end.

Money is not a number at all, but a substitute for value, an agent of wealth rather than wealth itself. Behind the value of a country's currency is the rise and fall of its national power and its productivity. Therefore, every rational investor who masters the law of value will not chase after any kind of created virtual currency. Of course, if it is a game, play it anyway. But the problem is, even companies that really have the blockchain technology are few and far between. According to insiders, most ICO companies in China (encrypted digital currency companies) did not use new technologies at all. They just disclosed the database query function Take the opportunity to cheat. Xu Xiaoping, who is behind blockchain technology, also pointed out that 98% of ICO projects in China will not pay off. Someone stands up to correct, saying that is 99%.

Therefore, investment big brother optimistic about the basic blockchain technology, but by no means a virtual currency.

Blockchain in the end is what kind of technology?

Block chain and we have an ordinary relationship?

Exactly, is a technical design idea. Because data is fully decentralized and encrypted, transparency can not be changed, so you can eliminate the intermediary that previously served as the central repository for data storage and did not require credit endorsement. Do not know the same as TCP / IP Internet access ordinary people, do not understand it later did not delay use.

Its most subversive borrowing from the "Economist" metaphor - a machine to create credit, people can not fake nor need to generate costs for nuclear leave. As a result, it touched the fundamental problems of money and power and the existence of human beings, so that the people they touched instantly became passionate.

Therefore, bitcoin is only the primary part of the application of blockchain technology. The latter can be expanded from the monetary system to financial fields such as shareholding, bonds and property registration and transfer, and then to social areas such as social activities, social identities and organizational structures - Identity, notary, audit, logistics, medical, visa, etc., to make everything easier.

Ideally, the change of political power can no longer affect the ownership of property rights. The shared economy no longer needs an intermediary such as a drop-in company. Remittances no longer need a bank to guarantee. Everything is evidenced by all sentient beings in the world and you are your credit itself. In the data era, Ali or WeChat is no longer in control of your data. You need to show the virtual part of what you decide, and the copyright no longer needs to be litigated. We trust each other not because of anything else, because everything is transparent.

Of course, that's ideal. The current blockchain technology is inefficient, has high resource utilization rates, makes it difficult to address privacy issues and provides shelters for illegal areas.

Credit Suisse recently released a report that the technology is really mature to 2025. But even if it's mature, is it a handy tool or a revolutionary pen that revolutionized the world?

Although China began banning digital cryptocurrency trading in September 2017, it has maintained a positive attitude toward blockchain technology and digital currencies. At the end of 2016, the blockchain was written into the 13th national informatization plan. In early 2017, the success of the central bank's blockchain-based digital ticket trading platform was tested.

However, quantitative transactions are not all of the financial industry, only a small part, but most of the optimal allocation of resources, based entirely on human nature. Therefore, data mining and the addition of rules and protocols can only really work if the algorithm leads the human response. In contrast, those with the Internet + did not understand the concept of playing block chain + hype even more pale.

Block chain and we have an ordinary relationship?

Optimistic about the blockchain experts believe that we need to actively embrace change, open to the courage to imagine thinking to deal with the arrival of the new world. Blockchain can remove the credit intermediary to create a new, simple and clear world structure.

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