In any case, Bitcoin's open source code allows technology to be shared, opening up the "blockchain" thinking, and many blockchain projects are fighting thinking, spelling technology, and landing, to the ultimate ecological network governance. The obsession with the blockchain began in 2014, when Bitcoin just entered their sight. Instead of focusing on Bitcoin, a revolutionary, innovative, decentralized, and digitally scarce currency, they extracted a concept from the system and named it a "blockchain." At that time, a number of organizations were set up to try to create a market around this technology.
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Obviously, the blockchain is actually only useful for sound currencies. The essence of blockchain provision is the decentralization, authority, and cost of data modification. These attributes need to be sound, such as bitcoin. Unfortunately, non-monetary projects often require a centralized, scalable, and scalable system because it is a regulated, constantly changing, and growing industry software. When combined with a blockchain, each requirement becomes extremely difficult. In other words, the blockchain is not a suitable tool or an optimal solution for non-monetary projects.
At the moment, the blockchain ecological network, Vientiane is updated, seeking common ground while reserving differences. The emergence of mining companies in the development of bitcoin networks, the emergence of these centralized business groups, can not be denied to play a role in the operation and promotion of ecological scale. There are also public and private equity funds with endorsement of relevant licenses. For example, the Bitcoin futures of the Chiba Exchange and Nasdaq, as well as the bitcoin ETF that people are talking about, the color of the future institutions of Bitcoin will be more intense, and the entire digital currency market will obviously become more stable. To some extent, the current state of Bitcoin is actually the future of various altcoins. If the tokens are fortunate enough to be recognized by the financial institutions, then the formal institutions will be welcomed, from stocks to tokens. This is the only way that most financial investment targets are difficult to circumvent.
All in all, the digital currency process has formed a blockchain, and the blockchain has revolutionized the digital currency world. The existing financial system is based on ownership, and the future financial deepening service based on the right to use will take a new height. By using shared, publicly distributed ledgers, entire network users can track their own material ownership and transactions. There is no absolute currency in the blockchain application, and there is no need to amplify the role of digital currency. (blockchain hash)