A simple understanding of blockchain
Blockchain itself is a technology. It is a decentralized, distributed database technology. (It can also be understood as a decentralized distributed ledger, a new application model that relies on distributed storage, peer-to-peer transmission, consensus mechanism, encryption algorithm and other computer technologies). First of all, we must understand that it is a technology. BTC is just an application created based on this technology. Many people simply cannot understand such an explanation. Let's take an example of life scenarios to explain it, and everyone will understand:
For example: In ancient times, there were no marriage registration offices, and the only way to announce to everyone that the woman belonged to the man was to hold a wedding banquet. All those who came to the wedding banquet were there to be witnesses. They were all nodes, and each node was equivalent to a distributed ledger. There was also a consensus mechanism, and each node transmitted information to each other to jointly prove that the woman belonged to the man. In modern times, in order to use technology to realize these joint proof mechanisms, blockchain technology was formed.
In summary, the essence of blockchain is actually just a technology, and it is not a digital currency or a certain currency as many people think. I hope everyone understands the essence of blockchain.
There was an interesting interview with Huawei's Ren Zhengfei talking about Bitcoin:
Ren Zhengfei once said, "I am not optimistic about the value of blockchain coins such as BTC. Although it is very safe and good now, and existing technical forces are indeed unable to crack it, when quantum computers appear in the future, it will become worthless."
We should look at things from a developmental perspective. Ren Zhengfei made this mistake. He looked at things from a static perspective. If we follow Ren Zhengfei's point of view, and use modern weapons to travel back to the Qin Dynasty, it would only take a few minutes to unify the six kingdoms. Qin Shihuang would have to go to the northwest wind. When quantum computers appear, I believe that blockchain technology will also develop into quantum encryption technology.
When social development enters a stable period, the social structure will also tend to be stable. For example, the social structure of the United States and Japan is almost stable. It is almost difficult for the top, middle, and bottom classes in Japan to cross classes. All classes will continue to develop step by step. No matter how prodigal the children of rich families are, they are still the upper class. No matter how hard the children of poor families work, their fate is still to work, because the dividends of the times are the product of the rising period of social development, and in the stable period of social development, there are very few opportunities for people at the bottom to get rich quickly.
China’s current situation is at the end of the rising period of social development. In the 45 years since reform and opening up, there have been too many bonus periods across classes:
1980-1990: As long as you go into business, you can make a fortune by picking up garbage;
1990-2000: Just buy any stock and you will make a lot of money;
2000-2010: Buy a house at random, mortgage it and buy another house, repeat the cycle, assets increase by more than 50 times;
2010-2020: Any cross-border e-commerce business or online store can make a fortune;
In fact, the threshold for each era dividend is very low and it is within the reach of ordinary people. Coincidentally, every person who seizes the era dividend will be scolded as a fool by ordinary people. By the time ordinary people react, it is too late. Therefore, crossing classes is really a "choice" and you don't need to work hard. Embrace blockchain and seize the last chance to cross classes!
Brothers who read this article carefully, we can chat together, share experiences, study the knowledge of blockchain, and find out where the coins that will increase hundreds or thousands of times in the future are. I hope we can witness and grow together.
