Friends who are interested in blockchain, I believe that they all have a certain knowledge and understanding of the basic knowledge of blockchain.
Today, let’s talk aboutwhat is the significance of blockchain technology and ideas from three levels?
Value transfer
Value is a concept that is difficult to explain and often controversial, but it is also easy to understand. If you think something is valuable, then it is valuable… On the Internet, others think your data is valuable, and the articles you create, If painting has value, it has value. Just feeling valuable is not enough. The great thing about the Internet is that it can quantify virtual value in the form of tokens. In English, it means tokenizing everything. The great thing about blockchain is that it can trade this so-called virtual value or transmit it point-to-point. This is value transfer.
If you think about it this way, you will find that the so-called precious but intangible things around you can become valuable in an instant, and can be traded anytime and anywhere. For example, a person’s time, influence, and copyright and data ownership of various creations.
From the transaction of tangible assets to the convenient and fast transaction of intangible assets on the Internet, how big a market will this be?
Decentralization
The characteristic of decentralization really allows people to have too much imagination. In the past, everything developed in the direction of centralization, including governments, central banks, and even the major giants on the Internet until now. Whether it is a natural or unnatural monopoly power, in the traditional sense, no power can compete with this long-term accumulation of central power. When everyone expressed despair, a decentralized model actually emerged… .It does not use a new corporate organization to confront BAT, but gathers tens of thousands of ordinary people to form a new force to intimidate the original large centers.
One is a company in the legal sense, and the other is a self-organized group that is purely active on the Internet. To defeat an elephant is not to find a bigger elephant, but to gather thousands of ant colonies.
Because of this, under the crushing influence of BAT, young people have begun to have entrepreneurial passion again. Because in the past, what everyone feared most when starting a business was being asked, what would happen if Tencent did this, what would happen if Alibaba did this, could you do it better than others? This problem was very distressing. Until the idea of blockchain emerged, entrepreneurs could finally do some projects that were not afraid of giants, because for giants, if giants want to do blockchain, it means giving up their rights. If you want to build a blockchain, you must first do it yourself, and they are too big to make changes to their organizational form. Therefore, the true meaning of blockchain is actually a third-party force that appears outside the market and government—self-organization.
The significance of consensus
In the blockchain, consensus means how many people recognize your thing. Your thing may be just a software product made from one code. As long as you open source your code and let other developers participate, other developers will If the author approves your code, it is a consensus.
Many people say that in the blockchain, code is law. I think we should not be too rigid at this point. Code is a means to reach consensus. We can treat code as law, but law is not omnipotent. I think consensus is equivalent to The court is equivalent to parliament and the decision-making mechanism of the board of directors. The consensus reached by the majority of people is the basis for decision-making.
For every blockchain startup, they will issue their own tokens. To build their own ecology through tokens, they will define the proportion and method of issuing their own tokens to attract participants. A good token mechanism can attract many people to participate. Token rules are also part of reaching consensus. Startups are responsible for defining the rules. Whoever defines the rules can gain more recognition and gain more consensus, and the token will be more valuable accordingly.
Therefore, startups are constantly emerging, and they are trying to use code to redistribute human interests. It is not an exaggeration to say that this is a revolution in production relations. Code is the expression of human thought, blockchain is the redistribution of the interests of participants, and the project initiator is the rule maker of this world.
Consensus means that even ordinary people have the opportunity to formulate rules and realize value through consensus.
All blockchain project parties are trying their best to find and expand the consensus of their projects. The wider the consensus is, the more valuable the entire ecosystem will be.
However, at present, Bitcoin is still the thing with the widest consensus, so it is still ranked first in market capitalization.
Don’t underestimate the significance of blockchain, and don’t overestimate it. Blockchain is not a panacea. It is a new technology and a new idea. Technical realization is limited, but human thinking is unlimited.
