An analogy about blockchain

in LeoFinance9 months ago (edited)



Hello Lovely friends!

The advancement of the all-computational era has made blockchain technology at the forefront. Nowadays people can easily get information about blockchain and get involved in various blockchain-based activities.

However, we cannot easily explain blockchain to ordinary people who don't know bockchain at all. Of course we can get annoyed when explaining but they don't understand. We can find it difficult to explain about blockchain which is a system etymologically, or a dictionary meaning material. they won't easily understand our explanation. We will be annoyed to see them do not immediately understand what we mean.

Of course we must understand this. They don't know what decentralization is, Peer to Peer, Database or anything else that is closely related to blockchain.

This time I tried to get involved in providing input to explain blockchain to people who don't understand at all.

Blockchain analogy

Transforming the understanding of people who are totally ignorant requires good skills. We have to see who the audience is facing. the level of education and the breadth of understanding greatly influence the perceptions they will receive.

Likewise, when we want to explain blockchain to very ordinary people. we assume we're dealing with people who don't know the least. We have to get closer to what they experience in their daily environment.

We still have to have the wisdom to give understanding about blockchain so that they will understand it easily. Don't let us feel so stupid because we can't explain it to people who don't really know.

In my opinion, the best way to explain blockchain is to make an analogy with which they are most familiar. We have to be able to make an analogy that will make them understand. Analogies are an excellent way to bring people's understanding of blockchain to the appropriate circumstances around them.

Sole accountants and collaborative accountants

One analogy we can use is to use the registration of fees held at the village level. The fees given to the village are recorded and used for business development. This recording requires an accountant.
In a village that does not use blockchain, it is analogous to using one accountant. Whereas the blockchain uses many accountants.

Not Blockchain

In villages that do not use blockchain technology, the village head appoints and pays an accountant. He is employed and given a fixed wage to record all the contributions made by residents. He is in charge of recording the names of people who deposit payments in one book. He also records all uses of the proceeds from contributions, including efforts to develop funds with various businesses he conducts.

In this system there are many weaknesses such as:

1. Wrong notes

If the accountant incorrectly enters the contribution payer data. Incorrectly entering the amount deposited, or some residents have made deposits but it was not recorded.

2. Accountants commit corruption

There is a risk of embezzlement of funds by accountants. When funds come in and they are not recorded or misused, it can cause losses.

3. There are residents who ask to have their debts written off because of their personal closeness

If there are residents who are still accountants' relatives, lobby them to commit fraud

4. There are development funds who do not want to report and cooperate with accountants.

If there are recipients of funds that should be developed but choose not to report to an accountant, it could be detrimental to all parties.

5. Some people steal notebooks, then delete or even lose them.

Losing a notebook could be due to theft and even fire so that stored data is lost. Or there are people who deliberately steal for the purpose of eliminating or deleting records of all transactions that occur.

There are so many weaknesses that are seen from non-blockchain systems.

Blockchain System

If we want to change the above village to use a blockchain system, then the village head starts by asking the citizens which of them are interested in becoming accountants. The wages given are not a fixed monthly salary. wages received are every speed and accuracy to make records and calculations. this position can be followed by many people.

For example, there are 9 residents who are interested, then these 9 people will record all transactions that occur in the village, and their records will all be identical. The accountant who successfully records this fast will inform other accountants. These records were also recorded again by other accountants in a timely manner, either the amount or the process. The accountant who was the fastest to carry out the task of recording transactions and was confirmed by eight other accountants would get paid. This way, it will be more difficult to steal 9 notebooks, or to manipulate 9 different people.

Moreover, in that village there are plans to invite a music group that is very popular with all residents. Then they make tickets in a limited number and can be guaranteed authenticity and avoid forgery or other fraud. This limited number of printed tickets meant that people would hunt for them. The more people need, the ticket value will be even higher up to tens of times. Residents can also sell tickets directly to others without intermediaries. Sales can be made to everyone even outside the villagers, so they can enjoy the benefits.

The accountants will compete quickly to take notes and confirm with other accountants. If he succeeds quickly then this accountant deserves a fee.

Thus all my writing about analogy of blockchain.

Thank you for reading my post. I hope you enjoy it.