What are the advantages of blockchain? How can ordinary people make money on blockchain?February 17, 2023 9812 by admin
As we all know, the broad blockchain technology is a new decentralized system architecture and distributed computing paradigm that uses encrypted chained block structure to verify and store data, uses distributed node consensus algorithm to generate and update data, and uses automated script code to program and use data. In the simplest terms, blockchain is a distributed ledger. Blockchain has the advantages of decentralization, time series data, collective maintenance, programmability, security and credibility. So what are the advantages of blockchain? How can ordinary people make money by blockchain? Next, let's take a look.
What are the advantages of blockchain?
Blockchain technology can accurately track the news copyright registration with electronic signature (ECDSA) and hash algorithm, and completely record the news copyright registration and circulation process from the three links of confirmation, use and protection. Blockchain has the following advantages in digital copyright protection:
1. Break through geographical restrictions. Blockchain can be used as a decentralized copyright registration platform. Copyright information is stored in digital form. The copyright owner does not have to make repeated and complicated copyright identification in different jurisdictions;
2. High security. The blockchain will store the book group in each distributed node. When an error occurs in an account book, it will not cause problems in the entire copyright system;
3. Easy to track. According to the encryption system, the blockchain can ensure that the copyright transaction information is truly recorded and cannot be tampered with, so that the transaction can be tracked and viewed;
4. Low management cost. Blockchain is highly transparent and can use "supervision from all sources" to complete decentralized control, effectively reduce fraud and control costs.
How do ordinary people make money by blockchain?
1. Mining and purchasing rate
"Mining" in the blockchain refers to the process of forming a new block on the blockchain by confirming the transaction information occurred within a period of time and recording it. In short, blockchain is an open and transparent account book, and all miners are account makers. Each blockchain explosion is equivalent to lifting a page of bills on this account book, and mining is a "account making" process.
If a novice enters the blockchain field to carry out mining, it is to inject capital to purchase mining machines to participate in the whole network calculation of Bitcoin. After all, to calculate the difficulties in the blockchain network, ordinary home computers can not meet the calculation rate of demand at all. Therefore, if you want to dig out Bitcoin, you can only rely on professional mining machine escrow.
2. Make common tools in the blockchain field
The commonly used tools in this field mainly refer to wallets. Nowadays, blockchain digital currency wallets are mainly divided into five categories: mobile light wallets, PC wallets, web wallets, hard wallets and cold wallets. Blockchain digital currency wallets can store digital currency, and it is also a good choice to provide such common tools to deduct transaction service fees.
3. Do blockchain We-media
At present, the we-media industry is very popular. There are many platforms such as Headline and Baijia, and the blockchain field is also a popular industry at present. The two are closely linked to each other. Since this year, there have been many official account, hundreds of accounts, headlines, etc. with the "blockchain" as the main line, and many blockchain paid courses and investment circles.
4. Provide technical services
It is mainly to write a white paper for the project party, open the website to the outside world, APP, R&D and design main chain, etc., which everyone still has the opportunity. Many people will say that I don't have this technology, but the technology can be learned. Once I get on the market, the salary of this industry will be 1 million in 1-2 years.
5. Do education and training, popularize blockchain knowledge
At the early stage of the blockchain market, many people do not understand what blockchain is and want to participate in it, which must have spawned the blockchain knowledge market. So education and training in this field and knowledge dissemination are also a very good opportunity to earn money.
6. Do quantitative trading
Quantitative trading is simply like "moving bricks". In the field of virtual currency, "bricks" are virtual currencies with different prices in various exchanges. In fact, in the process of circulation of virtual currency, it is affected by such factors as the miner's fee, service fee, and the different demand in different regions, which are necessary for the exchange to transfer money. There will be price differences among the trading platforms. Then, we can transfer the data currency from the exchange with low price to the exchange with high price and get the difference.
The investment here can be understood as venture capital, which must be invested at a cost. But you can look at it from another perspective. At present, there are many projects and currencies in the market, and the price of the new currency is very low. Those with the overall level of property can be optimistic about a currency, which can be cheap and large in quantity. According to the precipitation of time, it will erupt and achieve a thousand-fold or ten-thousand-fold increase.
Having said that, I believe you have a certain understanding of the advantages of blockchain and how ordinary people make money by blockchain. In general, Xiaobian also reminds investors that although the investment in blockchain is very hot at present, after all, any investment is accompanied by certain risks. You must have a comprehensive understanding before entering the market and do not invest blindly.