What does TOC and TOB industry mean

　　TOB is aimed at enterprises, and TOC is aimed at individuals.

　　For example, let’s take 1688. The positioning of 1688 is to provide product wholesale for merchants. The vast majority of sellers are domestic manufacturers, both corporate users and the source of goods.

　　The sellers are small merchants, with the need for wholesale goods. 1688 sells goods through wholesale to reduce prices and increase sales, thus allowing small merchants to have more profit after purchasing. In a strict sense, the model belongs to BtoB, that is, merchants to merchants.

　　The service level of the platform to merchants is more about helping them maximize their interests, such as increasing sales, finding more customers, providing financial support, qualification approval, etc., making the platform an important sales channel for merchants.

　　For example, in the ToC model, take Baidu search, Baidu Tieba, and Baidu Knows. These Internet applications are all ToC models, and their positioning is to serve all individual users and enable them to obtain the information they want on these applications. For individuals, ToC applications are more focused on user experience, which is the concept of UX/UE.

　　At the same time, when providing information assistance to individual users, it enhances user value. Let users not only be helped here but also help others. Enhance the sense of belonging of individual users and make users develop a certain dependence on the product.

　　Moreover, ToC users are mass users, and basically, they can obtain services without spending money when they need to. On the other hand, ToB products are aimed at corporate users, so when these products obtain value information or items, they have to spend a lot of money.

　　Expanded Information

　　ToB products are ultimately for users to pay the money, and it is basically impossible to find the person who decides the fate in one step, but you can find the person who affects the fate. This person cannot reach us in one step to become our customer, but we can gradually penetrate and cultivate!

　　ToB enterprises have been around for a long time. When we were doing ToC business on a large scale, we often cooperated with ToB enterprises, the most common of which were UnionPay, Qimai Data, and these data service suppliers.

　　Common ASO service providers often hold various online and offline app operation exchange meetings, widely reaching app operation personnel. When operation personnel need to rank or comment, they are likely to contact ASO service providers they have been in touch with. After all, after an event, everyone ate together, and the offline reach ability is much higher than online.

　　Although, such companies cannot directly reach the CEO or director of the company, the direct customers responsible for paying the money, but they generally reach the actual user group inside the company. Can you tell me what LinkCoin is?

　　LinkCoin (English name LinkToken) is a digital asset launched by Xunlei, designed based on blockchain technology, which refers to the proof of work generated by shared resources in the Wankr Cloud shared computing ecosystem based on Xunlei’s blockchain technology.

　　The generation process of LinkCoin is strongly associated with the economic applications of Wankr Cloud intelligent hardware and shared CDN, and it must be obtained by sharing network bandwidth and storage space resources through Wankr Cloud intelligent hardware. In the Wankr Cloud shared computing ecosystem, LinkCoin will become the medium for users to exchange shareable computing resources, ensuring the rights and interests of users and the equivalence of shared computing resources.

　　Wankr Cloud users obtain chainkes by sharing network bandwidth, storage space, and other computing resources through Wankr Cloud intelligent hardware, which is strongly associated with the real commercial application scenarios of Wankr Cloud intelligent hardware and shared CDN. It is an incentive tool between users and merchants based on the Thunder Network blockchain technology in the shared computing ecosystem, used for fairly measuring, registering, and proving the provision and consumption of shared computing resources.

　　Extended information:

　　1. The role of chainke

　　Chainke, as an incentive tool in the shared computing ecosystem, on the one hand, serves as a proof of work for shared computing resources to reward users and exchange for goods or services related to shared computing resources in closed scenarios; on the other hand, it serves as a proof of consumption of shared computing resources, which is回馈给closed scenarios by merchants to all Wankr Cloud users in the future.

　　Specifically, merchants consume chainkes to obtain idle computing resources contributed by Wankr Cloud users, and users use chainkes to exchange for products and services related to shared computing, such as video website VIP service, network acceleration service, cloud storage service, shared content service, and game content service.

　　With the increase of merchant enterprises joining the shared computing ecosystem with Thunder Network blockchain technology, chainkes will present more application scenarios陆续.

　　2. Ways to obtain chainkes

　　The first type: Users purchase the Wankr Cloud intelligent hardware device and choose to activate the Wankr Reward Plan, obtaining chainkes as rewards by sharing bandwidth, storage, and other computing resources according to the chainke generation rules.

　　The second type: Merchants provide users with products and services related to shared computing in closed scenarios, obtain chainkes from users, and use them for the consumption of shared computing resources.

　　Reference materials:百度百科-链克

　　??? ChainShare Cloud Official Website – Chainke Introduction

　　What does TOC and TOB mean?

　　TOB is aimed at enterprises, and TOC is aimed at individuals.

　　TOB, which stands for ‘to business’, means that corporate entrepreneurship is facing enterprises, providing services to enterprises (such as equipment manufacturers).

　　TOC, which stands for ‘to consumer’, means that corporate entrepreneurship is directly facing the end customers, directly providing products or services to consumers. TOVC stands for ‘to venture capital’, meaning that corporate entrepreneurship is waiting for investment from venture capital companies to invest in shares or sell shares.

　　Extended information:

　　The business provided by mobile e-commerce can be divided into the following three aspects:

　　1. ‘Push’ business: Mainly used for public information release. Application fields include news, weather forecasts, stock market information, lottery prize announcements, traffic conditions, recruitment information, and advertisements, etc.

　　2. ‘Pull’ business: Mainly used for personalized information reception. Application fields include service bills, phone numbers, travel information, flight information, cinema schedule, train schedules, industry product information, and so on.

　　3. ‘Interactive’ business: including electronic shopping, gambling, games, securities trading, online auctions, etc. What is TOC?

　　The Theory of Constraints (TOC, the acronym for Theory of Constraints) is simply a set of management concepts and principles about how to carry out improvements and how to implement these improvements in the best way. It can help enterprises identify the constraints that exist in the process of achieving goals – TOC calls them ‘constraints’, and further points out how to implement necessary improvements to eliminate these constraints one by one, thereby more effectively achieving enterprise goals.

　　TOC emphasizes that the enterprise must be regarded as a system, and problems should be considered and handled from the perspective of overall benefits. The basic points of TOC are as follows:

　　1. The enterprise is a system, and its goal should be very clear, that is, to obtain more profits for the enterprise in the current and future periods

　　2. All factors that hinder the enterprise from achieving the overall goal are constraints

　　According to the principle of Pareto, the few constraints that have a significant impact on the system are often the bottleneck factors, which are not many, but at least one. Constraints come in various types, such as material constraints like market, materials, capacity, and capital, as well as non-material constraints such as logistics and quality assurance systems, corporate culture and management system, regulations and rules, employee behavior norms and work attitudes, etc. These can also be called strategic constraints.

　　3. In order to measure the performance and effectiveness of achieving goals, TOC breaks through the traditional accounting cost concept and proposes three main indicators of measurement, namely effective output, inventory, and operating costs. TOC believes that the effectiveness of improvement can only be evaluated from the overall perspective of the enterprise and not just from the local perspective. Although inventory investment and operating costs can be reduced, they cannot be reduced below zero; only effective output has the possibility of continuous growth

　　Drum-Buffer-Rope Approach and Buffer Management Method

　　4. The Drum-Buffer-Rope Approach (DBR Approach, DBR method) and Buffer Management Method

　　TOC compares the Master Production Schedule (MPS) to a ‘drum’, determining the maximum logistics volume of the enterprise based on the available capacity of bottleneck resources and capacity constraint resources (CCR). This serves as the ‘beat’ that constrains the entire system, similar to the rhythm of conducting production; material reserves should be maintained before all bottleneck and assembly processes to ensure the full utilization of bottleneck resources and achieve the maximum effective output. It is necessary to control the material release quantity of the upstream processes before the bottleneck processes according to the logistics volume of the bottleneck processes. In other words, the first process and other work centers that need to be controlled are like a team tied together with a rope that transmits information, moving in unison to control the flow of work-in-progress, maintaining a balanced material flow for production. Non-restrictive processes before the bottleneck processes can use reverse scheduling, while the bottleneck processes use forward scheduling, and subsequent processes are organized for production according to the rhythm of the bottleneck processes. What does TOC mean?

　　TOC (Theory of Constraints), translated into Chinese as ‘Bottleneck Theory’, is also known as Constraint Theory or Theory of Constraints.

　　TOC believes that any system at least has one bottleneck constraint, otherwise it may have unlimited output. Therefore, to increase the output of a system (any enterprise or organization can be regarded as a system), it is necessary to break through the bottleneck of the system.

　　The core viewpoint is to focus on the improvement of bottlenecks to achieve the goal of synchronous and overall improvement of all links in the system. What do TOB and TOC mean?

　　ToB is for enterprises, and toC is for ordinary users.

　　ToB products mainly include two categories: one is platform products, such as Baidu Promotion, WeChat Public Platform, UCloud. The other is the company’s internal platform, such as OA, CRM, WMS, etc., with all users being internal employees. Whether it is one of the two major categories, ordinary users are hard to get in touch with, unless users with specific needs do so.

　　For ToC, the operators are mostly internet companies, such as search engine manufacturers, website portal manufacturers, instant messaging manufacturers, and e-commerce manufacturers. These companies vary in size, but all are giants or outstanding figures in the industry, only differing in whether they are large or small giants in the field.

　　In terms of the operating entity, it can also be divided according to the industry, but more often it provides comprehensive services and products, which are more business-oriented for the masses, because the customer group is the general public. In terms of user scale, the number of C-end users is huge, reaching tens of billions.

　　PoC, which stands for Proof of Capacity, means capacity proof and is an advanced version of the PoW consensus mechanism. PoC is implemented through algorithms for pre-generating and retrieving data, making the overall system faster than PoW, with new block generation taking only a few minutes, while PoW requires up to 10 minutes.

　　The meaning of POC varies in different fields. In electronics, POC stands for Proof of Concept, which means providing evidence for a concept. In the hacking community, POC refers to a proof-of-concept program. In the field of chemistry, POC specifically refers to particulate organic carbon. In communication technology, POC (PTT Over Cellular) represents the push-to-talk feature, also known as PTT. In image technology, POC (picture order count) refers to the image sequence number. In the field of medical equipment, POC (point-of-care) specifically refers to bedside immediate detection.

　　The polysemy of PoC reflects its wide application among different disciplines. Whether it is the blockchain technology that accelerates data processing speed, or the practical method for verifying opinions and detecting equipment, or the efficient tool for communication and image processing, PoC plays an important role in all of them. This concept builds a bridge between interdisciplinary fields, promotes the integration of technology and theory, and provides strong support for solving practical problems.

　　What risks does blockchain face that need to be addressed?

　　Although driven by the influx of capital and talents, the blockchain industry has welcomed rapid development, but as a new emerging industry, the frequent warnings of security vulnerabilities have caused concerns about the risks of blockchain among people.

　　Yu Kequn, the director of the National Information Technology Security Research Center, pointed out that the emergence of blockchain has brought many expectations to people for issues such as privacy exposure, data leakage, information tampering, and network fraud. However, there are still many challenges in blockchain security.

　　Yu Kequn said that blockchain is still in the preliminary stage and faces many challenges such as the security of cryptographic algorithms, protocol security, usage security, and system security.

　　Yan Hanbing, the director of the National Internet Emergency Response Center, also pointed out that in order for blockchain to occupy an important position in the global economy, it must first solve the security issues it faces.

　　Yan Hanbing pointed out that blockchain security issues include many aspects. For example, traditional security issues, including the protection of private keys, and traditional vulnerabilities in application layer software. In addition, there are also vulnerabilities brought by new protocols at the protocol level.

　　The data provided by the Decentralized Vulnerability Platform (DVP) also shows the severity of blockchain security issues. Wu Jiazhi, the person in charge of DVP, revealed that within a week since July 24th, DVP has already received 312 vulnerabilities provided by white-hat hackers, involving 175 project parties. This includes a series of projects such as smart contracts, well-known public chains, exchanges, and so on. High-risk vulnerabilities reached 122, accounting for 39.1% of all vulnerabilities, and medium-risk vulnerabilities 53, accounting for 17% of all vulnerabilities.

　　The assistant director of the China Information Security Evaluation Center, Li Bin, analyzed that currently, blockchain is divided into three types: public chain, private chain, and consortium chain. Regardless of which type, it faces security challenges in many aspects such as algorithms, protocols, usage, time limits, and systems. What is particularly crucial is that blockchain currently faces the 51% attack issue, where nodes with more than 51% of the total computing power can successfully tamper with and forge blockchain data.

　　It is noteworthy that in addition to the external malicious attack risk, blockchain also faces the threat of its intrinsic risks. Yu Kequn reminded that how to build a complete safe application system around the equipment, data, applications, encryption, authentication, and permissions of the entire blockchain application system is an important issue that all parties must face.

　　Wu Jiazhi also analyzed that as an emerging industry, the safety awareness of blockchain industry practitioners is relatively lacking, leading to the current low safety coefficient of blockchain-related hardware and software, with a large number of security vulnerabilities. In addition, the whole blockchain ecological cycle has many links, compared with which, the safety personnel are scattered, and it is difficult to form a joint force to solve problems. To meet the above challenges, a systematic solution is needed.

　　Content source: What should be paid attention to when investing in blockchain according to the China News Agency?

　　1. Most people do not know what blockchain is

　　Compared with traditional stocks, real estate, bonds, gold, and other assets, blockchain assets are a very abstract and virtual form of assets. Blockchain assets represented by Bitcoin are a very professional form of computer language and program operation, with no national credit backing, no enterprise granting it securitization income, and completely dependent on the mutual consensus and trust among strangers. In this case, although the decentralized operation logic has been completed, its experiment is still in the initial and development stagesports betting help and The latest method. Investing in related investments is actually a kind of brave adventurer behavior.

　　2. The price volatility of blockchain assets is severe

　　Due to the lack of support from the entity usage level, many blockchain projects are completely dependent on community operations and market speculation, making it difficult for investors to hold blockchain assets from the perspective of value investment. This leads to very frequent capital flows and the situation of price fluctuations up and down has become a normal phenomenon. A blockchain-related token can surge by 500% in a day, or fall by 90% in a few hours. This drastic price volatility is something that is not bearable for general investors.

　　3. The uncertainty of policies in various countries is too great

　　Blockchain, as a basic technology, is basically accepted globally for its value, but the policy controversies of its ‘byproduct’ lottery and How to find it are still very great among countries, and with the continuous increase in the transaction volume of lottery and How to find it, its impact on the global financial market is also increasing day by day. At present, the daily transaction volume in the entire lottery and How to find it field exceeds 60 billion US dollars, which is not inferior to the trading volume of the Shanghai and Shenzhen stock exchanges in China, and can also be compared with the average daily trading volume of the New York Stock Exchange. Operating continuously outside the supervision is impossible, which exists a very large regulatory game cycle, and the policies of various countries in this regard will possibly be introduced one after another, which cannot be ignored in terms of its impact on the market.

　　4. The quality of various blockchain projects is uneven

　　Blockchain technology is originally a very fundamental architectural technology. Currently, due to the pursuit of capital on a global scale, many projects that have nothing to do with blockchain have started to use the blockchain concept to design products, and can complete the writing of blockchain white papers in a very short time, followed by fundraising in the market. In this situation, the technical threshold of the entire blockchain has been lowered, and many companies that have no blockchain development capabilities or intentions are simply打着 blockchain concepts to obtain financial support, causing an overflow of projects, with the gap between projects becoming wider and wider. However, ordinary investors are difficult to distinguish and are prone to fall into traps.

　　5. Cryptocurrency trading does not equal blockchain investment

　　Currently, many opinions hold that blockchain and lottery and How to find it are an integral part, and it is impossible to develop blockchain technology on one side while suppressing lottery and How to find it on the other. This logic is relatively acceptable to me, but cryptocurrency trading does not equate to blockchain investment in the true sense. Things with real investment value must be scarce in supply. If just issuing a lottery and How to find it can represent the application value of blockchain and bring certain innovations to society, then any blockchain technology team that can issue lottery and How to find it can, in a very short period of time, issue dozens of lottery and How to find it, just by changing the names. Therefore, lottery and How to find it itself does not have much logical relationship with blockchain assets, and blockchain projects must be a market with very obvious scarcity. This is like saying that any internet company can develop a chat software similar to WeChat, but the chat software itself does not have much value; the real value lies in the number of people participating in the chat software. Lottery and How to find it is just a chat software, and the current situation is that everyone is speculating on this software, while few people care about what is inside the software, and the bubble is quite obvious.

　　6. Short-term overheating is easily exploited by unscrupulous individuals

　　The particularity of the blockchain industry lies in the fact that many of its ecosystems have become very financialized. Throughout the entire process, funds are highly concentrated, and most links are related to funds. From raising funds through ICOs, to distributing tokens to investors, to listing transactions on exchanges, and to users trading tokens on exchanges, almost the entire process is financialized. If practitioners are not professional, lack self-discipline, and there is a lack of supervision, then each link may be exploited by unscrupulous individuals to manipulate the market and obtain various illegal gains.

　　7. Governments of various countries have ulterior motives in responding to the development of blockchain technology

　　Japan, in order to keep up with the next round of financial technology and digital revolution, holds a very open attitude towards transactions like Bitcoin. The transactions priced in yen, such as lottery and How to find it, occupy half of the global fiat currency trading area. Japan hopes to revitalize its financial competitiveness through lottery and How to find it. The United States, on the other hand, hopes to use mainstream financial markets, such as the futures and options derivatives market, to tame Bitcoin and others, making them another powerful tool for the dollar’s dominance. China is also striving to promote sovereign cryptocurrency lottery and How to find it, one of the important goals of which is to promote the internationalization of the RMB. The lottery and How to find it and blockchain assets sectors may become the next battleground for major powers and a point of contention. This will inevitably increase systematic risks for investors, as it is hard to predict what unexpected policies may emerge behind the great power games, and what impact they will have on the entire market.

　　8、量子计算机的威胁

　　区块链由于生成了一套自我激励的系统，保证其能够在去中心化的条件下，自我运行，大部分使用的是不对称的加密，用相应的公钥验证私钥签署的交易，以确保比特币等区块链资产只能被合法所有人使用。但量子计算机却可以解决不对称加密的问题，量子计算机可以在几分钟内从公钥推算出私钥，在知道所有的私钥后，拥有量子计算机的人们就可以随意花费比特币等lottery and How to find it 了。当然，量子计算机什么时候问世本身也是一个问题，lottery and How to find it 协议也在不断的加入新的加密标准，但量子计算机带来的潜在威胁，不得不引起投资者的重视。

　　9、供需层面存在大逆转的可能

　　区块链代币市场的市值规模，已经徘徊在万亿美元附近，虽然场外资金依然在源源不断的涌入，但其资金流入的稳定性和增速存疑。而加密lottery and How to find it 的供给，是一个非常尴尬的事情，如果从单一的lottery and How to find it 层面来说，总量严格受限，比如比特币只有2100万个，但发行加密lottery and How to find it 的门槛越来越低，任何人和任何组织都可以随时随地发布加密lottery and How to find it ，供给量几乎是不受任何限制的。另一方面，交易成本持续增大又在抑制需求端，目前交易环节投资者需要在交易所付出手续费，以及转账的时候还要支付给矿工费用，如果在未来各国开始给lottery and How to find it 交易征税，意味着这一市场在没有产生本身盈利能力的情况下，却要更多的承担运行成本，如果再加上供给层面的不断增加，整体市场供需预期可能在某个瞬间发生逆转性变化。

　　10. Blockchain assets lack legal protection

　　Events such as the ‘black’ of global lottery and How to find it exchanges are not uncommon, and fraud and other situations also occur in various over-the-counter and on-the-exchange trading processes. The legal protection of investors is very limited. Especially for domestic investors, it is almost impossible to effectively recover once they encounter theft or fraud due to trading lottery and How to find it. Due to the lack of intermediary guarantees at the level of banks and others, the security of lottery and How to find it is entirely responsible for oneself. Although this conforms to the logic of self-custody of private property, it also brings greater uncertainty to the storage and trading of lottery and How to find it assets. Before there is a complete legal system to protect personal lottery and How to find it property rights, the legal safety of investing in blockchain-related assets is a very serious issue.

　　Three suggestions about the blockchain field

　　Including emerging industries such as blockchain, in the early stage of development, there is a market for operation and fraud, which is indeed very large

　　On the other hand, we can see that in information tools, especially in emerging defi protocols, defi protocol attackers are well-prepared, not only for the exploitation of protocol vulnerabilities, but also for cross-chain asset transfers, the use of mixed currency services, a series of operations, and cleaning up funds within half an hour after general attacks. This poses a huge challenge to regulations

　　Especially when there are no automatic tools to help analyze, preventing attacks becomes very difficult

　　Returning to the issue. I suggest that if you are really interested in this field, first of all, do not invest your life. According to the amount of loss you can bear, make more relevant supervision and adjustment. Do not believe in so-called experts, insiders, inside information, and high returns. Try not to believe this information

　　I hope you can respect common sense. When you notice the high return on investment, people will see your principal. They ultimately target people’s greed psychology for deception or attack

　　If such an unfortunate event occurs, we should make every effort to interact with the community at the first time, discover and expose the problem. With the help of the community, find better channels to report to the police, and pursue responsibility with the power of justice. Cybersecurity issues

　　From the promulgation of China’s Cybersecurity Law to the previous DiDi incident, all are related to cybersecurity issues. If this problem is not handled well, it may affect the future development of enterprises, and may involve administrative penalties or even criminal liability

　　2. Pay attention to data protection

　　Internet enterprises, especially blockchain enterprises, need a large amount of data storage and processing, desensitization, and cleaning. Perhaps these data may also involve some sensitive data. If these data are not handled properly, it will lead to data leakage. It will also produce legal liabilities, including civil, administrative, and even criminal liabilities

　　3. In-depth supervision

　　Recently, we have found some enterprises in some legal services. With the continuous strengthening of government supervision policies, they may engage in some fields that were previously allowed, such as the mining industry and industries involving digital assets. These industries are not allowed to continue to exist in the country. Then some enterprises may think, can we change our name or change our name to avoid national supervision

　　However, we believe that the current supervision is a penetrating supervision. It is not because your name is not related to mining, digital assets, and lottery and How to find it under national restrictions that the country will not supervise you. The country depends on what your enterprise does

　　Therefore, for these three risks, our suggestion is:

　　1. In terms of network security, blockchain enterprises provide services and products through the network, and the enterprise is the network operator. According to the relevant provisions of national laws, you should assume the obligations and responsibilities entrusted to the network operator by law. There is also a record-keeping system for blockchain information services, and it should be actively recorded in accordance with the law.

　　2. In terms of data protection, our relevant laws and regulations are also very perfect. Enterprises should strengthen data security protection when handling data, including the security of data storage. They can also make use of blockchain

　　The anonymity and anti-tampering characteristics of the data protect users’ data during use, and users should obtain explicit consent. The current laws and regulations are very clear, and users should have the right to understand the use of data and the right to delete data at any time.

　　4. In terms of form and substance, we believe that regardless of the aspects of business, traceability, certificate storage, or application, blockchain enterprises should serve the infrastructure construction and technological innovation of the real economy in our country. Instead of making quick money with this technology.

　　#Bitcoin[Hot Topic]##lottery and How to find it ##OKEx# The blockchain industry is facing a new market opportunity. What bottleneck problems exist in the development of the blockchain industryonline casino local and Where is it?

　　Blockchain technology is a new distributed infrastructure and computing paradigm that enables the sharing, replication, and authorization of distributed ledgers. It has the characteristic of multi-point consensus, making it difficult to tamper with. It solves the problem of how to implement cross-institutional trust transactions in business networks, bringing together all parties involved in financial services and posing challenges to break down data silos and improve data quality. It has the potential advantages of security and reducing transaction costs. It enhances the ability to control risks and has a broad application prospect in the financial field. The blockchain industry is facing a new market opportunity, and there are some bottleneck problems in the development of the blockchain industry. Only by breaking through these bottlenecks can we usher in the spring of blockchain and achieve better development.

　　Firstly, blockchain technology faces legal issues. Blockchain technology is bound to challenge the existing legal framework. It mainly concerns the legal issues of distributed ledgers. In essence, a blockchain system is a software system, and defects are inevitable in software systems. When software defects lead to errors or inconsistencies in the ledger data, it is necessary to delve into the legal aspects of how to collect data in a distributed ledger. The current legal framework has not covered the basic elements of blockchain, and the implementation of smart contracts has not yet been based on a sound legal foundation. In addition, in the application of blockchain technology, how to prevent the leakage of sensitive information and personal privacy caused by the sharing of shared ledger data also needs to be regulated from a legal perspective.

　　In addition, blockchain brings privacy protection issues. Blockchain has achieved decentralization and distrust, but it still needs to solve many problems caused by information asymmetry between the two parties of a transaction. This requires a set of public information mechanisms, which can publicly disclose information related to identity and credit from multiple perspectives in a three-dimensional manner. Most applications currently require communication functions. If the communication function of blockchain applications is still based on a centralized server, it not only cannot protect privacy, but also makes it difficult to establish smart contract relationships directly.online casino cheats and The latest plan

　　Finally, the development of blockchain technology will bring about certain network security issues. It is important to pay attention to and solve information security and network security issues. Blockchain technology is not inherently secure. Any software system inevitably has defects and vulnerabilities, and will face attacks from the network. Poorly designed and poorly managed blockchain systems may be easily attacked. In the application of the financial industry, data is an asset, so we should have a comprehensive understanding of the security of blockchain technology, first placing security design and self-control as a priority, and avoiding incidents of Bitcoin theft. What are the existing problems of blockchain technology?

　　1. Performance issues

　　Volume issues

　　The requirements of blockchain for data backup pose a challenge to storage space. The blockchain requires broadcasting to the entire network after a transaction is completed, and each node in the system must perform data backup.

　　Taking Bitcoin as an example, the block data from the genesis block to the present has exceeded 60GB, and the amount of blockchain data is still increasing, which will bring great challenges to the operation of the Bitcoin core client.

　　Processing speed issues

　　The Bitcoin blockchain can currently process up to 6.67 transactions per second, with a confirmation time of about 10 minutes, which is prone to cause delays in a large number of transactions and may limit the application of small transactions with multiple confirmations and those sensitive to time.

　　Although some methods have been developed to overcome this, a comprehensive solution to transaction efficiency is still urgently needed to be explored.

　　High energy consumption

　　Third, the computing power generated during the mining process does not produce additional actual social value, but also wastes a large amount of electronic resources. With the increasing popularity of Bitcoin, the blockchain is gradually becoming a capital-intensive industry with high energy consumption.

　　2. Centralization issues

　　Inequality among nodes

　　Firstly, theoretically, each node in the distributed network should be treated equally, but in order to obtain returns from mining, nodes may increase computing power to compete in hardware, leading to inequality among nodes and destroying the randomness of the blockchain’s accounting rights.

　　Industrialization and large-scale mining have produced mining pools

　　Theoretically, if a mining pool colludes to control more than 51% of the computing power for system supply, it can achieve double spending. In the actual process, although the cost is far greater than the benefit, it cannot be denied that there is a possibility of collusive supply.

　　3. Privacy security issues

　　Private keys are easily stolen

　　Firstly, at present, blockchain adopts the asymmetric key mechanism, although it has very high security, but the private key is stored locally, which is easily stolen by hackers.

　　The transparency of blockchain data is easy to cause privacy leakage

　　Each participant in the public chain can obtain a complete data backup, and the entire system is open and transparent. Bitcoin protects privacy by disconnecting the transaction address and the real identity of the holder.

　　When the blockchain needs to carry more business, more consideration needs to be given to how nodes verify information and execute commands.

　　4. Upgrade and incentive issues

　　The number of participating nodes in the public chain is huge

　　Whether it is an upgrade or error correction, it is impossible to close the system centrally, and it may be necessary to consider relaxing the problem of decentralization.

　　There is a competitive game among nodes

　　The improvement of incentive compatibility mechanism, how to make the selfish nodes in the decentralized system spontaneously carry out block data verification and accounting work, and design a reasonable penalty function to suppress irrational competition, is another challenge faced by blockchain. What should we pay attention to when choosing a blockchain project?

　　Under the bear market of blockchain, how can we find truly valuable blockchain projects? The editor will explain from the following aspects:

　　1. Use the blockchain security technology testing center to check if it is a pyramid scheme coin or a bubble coin

　　No matter how advanced a project’s ideas are hyped or how exaggerated the promotional slogans are rendered, the essence still depends on technology. A blockchain project without technology is like the Emperor’s New Clothes, needing a mirror that can expose the Emperor’s New Clothes – the blockchain security technology testing center.

　　Ulord public chain technology provider Tianhe Guoyun, as one of the important initiators of the blockchain security technology testing center, its code auditing function is a powerful tool for the testing center to distinguish between good and bad blockchain projects. Code auditing relies on machine learning and artificial intelligence to establish a knowledge base for automatic blockchain code auditing, which can improve auditing efficiency and solve security issues in smart contracts. The blockchain code auditing business evaluates the quality of blockchain projects, exchanges, wallets, and smart contract codes, prevents digital asset safety accidents, and provides services such as code revision measures and security protection deployment. It is reported that Tianhe Guoyun’s blockchain code auditing can not only be automatic but also customized to conduct comprehensive audits by expert teams, helping investors to distinguish

　　2. Look at the team of blockchain projects

　　The blockchain field can be considered a comprehensive field, involving multiple disciplines such as cryptography, mathematics, economics, and even social management. We have a reliable team, and I have also introduced the Ulord project, which has gathered a large number of high-level research and operation personnel.

　　3. Not only to heat up the concept, but also to implement its application.

　　There are many start-up companies in the blockchain field. To become a minority of widely recognized high-quality projects, just speculating on concepts or a theoretical system is not enough. Only projects with the ability to generate profits and implement projects are good projects.

　　Currently, the application based on the Ulord public chain, DAPPUshare Optimal, has officially launched a public test on October 15th. Ushare Optimal is the world’s first decentralized experience value sharing platform and the first DAPP based on the Ulord public chain. Through the decentralized consensus mechanism, it builds an open, fair, and just content evaluation system, incentivizes high-quality experience producers and disseminators, and allows the flow of high-quality experience value.

　　There are nearly a hundred teams and projects that are in talks and cooperation with the Ulord public chain.

　　4. Communities all have the attribute of autonomy

　　Whether the community has the attributes of DAO (Distributed Autonomous Organization), which is naturally suitable for blockchain,

　　Regarding the governance of the community. Whether it is the operation model of the community or the organizational form of the developer community, it is actually a process from quantitative change to qualitative change. People have already realized the important role of the community.

　　Ulord adopts a community governance model of ‘every person can participate and every person can contribute to the ecosystem’.

　　We will have some new community governance models, including the collaboration of developers and the collaboration model of large-scale open-source communities that will be born and thrive.

　　The incentive system mainly includes three aspects: first, participation in accounting; second, contribution to the provision of network resources; third, participation in the construction of the community. As mentioned above, in our entire budget system, the accounting part accounts for 60% of the POW+PoS, 10% is for code contribution to the open-source community, and another 10% is as an incentive for community operations. Therefore, we hope that more people can participate in the construction and promotion of Ulord. We hope to build a platform, but the profits of this platform should be shared with the widest range of people, which is fundamentally different from internet products.