Block chain finance really does not sound so beautiful

block chain (Blockchain) is the underlying technology of bitcoin, like a database of books, records of all transactions. This technology is also due to its safe and convenient features gradually get the attention of the banking and financial industry.

 

block chain boom in the end of 2015, and even led directly to the bitcoin and other digital currency market. This year, the investment on the block chain block chain organization also raging like a storm, all kinds of stage. Some people even believe that block chain technology is the steam engine, electricity, information and Internet technology, the most potential to trigger the fifth wave of disruptive revolution in the core technology.

but the truth is it? The author from 2013 came into contact with bitcoin, for three years, read millions of words about bitcoin, two coins, tokens, copycat blockchain; participation and launched a discussion on the block chain POW and POS; founder of digital media in a number of money; the two technical token speculation. As a pioneer in the field of digital currency and block chain, I think I have the responsibility to tell me about the block chain.

, block chain technology is currently the biggest achievement is what?

bitcoin.

The concept of

block chain technology itself is stripped out from bitcoin.

1, the birth of bitcoin

in September 2008, with the collapse of Lehman brothers, the financial crisis broke out in the United States and spread to the world. In order to cope with the crisis, governments have adopted quantitative easing measures to help rescue large financial institutions from their own mistakes. However, these measures have been widely questioned, and once led to the occupy Wall Street movement.

October 31, 2008

PM New York time 2:10, in an ordinary cryptography mailing list, hundreds of members have received claiming to be Nakamoto’s e-mail, Nakamoto wrote in the mail: "I have been studying a new electronic cash system, this is the point to point, no without any trusted third party, then the Cong turn them into a nine page white paper, which describes a new monetary system. In November 16th of the same year, Nakamoto released the first version of the bitcoin code.

January 3, 2009, Nakamoto bitcoin dug the first block, block creation in a small server is located in Finland of Helsinki (GenesisBlock), and won the first prize of mine "- 50 bitcoin. In the block, Nakamoto wrote this sentence:

"TheTimes03/Jan/2009Chancelloronbrinkofsecondbailoutforbanks"

"fortune"

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