Totoki TOC Blockchain Academy Guide: In recent years, the field of blockchain and Bitcoin has become particularly popular, and almost everyone has begun to pay attention to this area of the blockchain.
Why are so many people concerned about this area? Everyone may know more or less from all aspects. Today we analyze from a technical point of view why the blockchain industry is so hot? Or what is the value base of the blockchain?
Blockchain solves the problem
We all know that all the information in the society has been digitized. There are two aspects to the characteristics of the data. One aspect is that we sometimes hope that the data will be easier to revise and facilitate the dissemination. However, from another aspect, sometimes we actually do not want it. The data is so easy to modify. Because once it is modified, it can cause great confusion.
For example, the number of the money we paid for Alipay and WeChat and our number on the bank card, like this data, actually did not want him to be able to modify it casually. However, the current technology cannot complete it completely.
Ma Boss adds a billion to the bank account of employees. It is difficult to find this outside. Of course, from a practical point of view, this may not be the case. Blockchain technology is a good solution to data being artificially modified. problem. This feature ensures that it can be used very well in many areas. It is particularly easy for people to think about it. It is related to banking and payment. Of course, apart from this, it has many other advantages, such as decentralization.
Blockchain advantages
The advantages of the blockchain are summarized in the following four major advantages.
The first is to prevent data from being tampered with. This may be more familiar to everyone.
The second point is its encryption algorithm. It can be said that the current hash algorithm is the strongest encryption algorithm except quantum cryptography.
The third is to go to the center. The corresponding advantage is that your application is highly available. The so-called high availability means that after you have a problem in one place, there are other places to make up for it. In simple terms, it is called a road leading to Rome. If you are not a good road, I will take another route.
The fourth point is open and transparent, because all the data is open to the whole society. Being open and transparent to the outside world, everyone can verify that it is not easy to fake.
The reason why these four characteristics are mentioned is because there are various applications in various fields. However, blockchain applications are not a panacea. Only your application scenarios can be combined with these advantages. To better play its characteristics, so as to have advantages. Some applications do not make good use of these four advantages, but they are not good with blockchain!
Chinchilla TOC Blockchain Academy is to be continued! ! !