Decentralization of Blockchain
In recent years, with economic development and the continuous vertical extension of the big data Internet, the amount of information we receive continues to grow exponentially. In other words, it is a big explosion of information, which makes us constantly accept new information, new concepts, and new things. For us ordinary people, we study in fragments every day, or passively accept some new things. Fortunately, the cost of acquiring information in this era is still relatively low, so that each of us can take some time to accept new things.
For blockchain, maybe I'm just a noob. I always heard some analysis and information about the blockchain before, but I didn't feel how important the blockchain was at the time. Until one day, when I learned about the blockchain with a curious attitude, I really didn’t know it, and I was shocked when I saw it. I realize that the impact of this system on us in the future will be huge, and it will even change many industries at a qualitative level, including our lives. For the concept of blockchain, it may be more abstract. It is our decentralized distributed ledger database. To be brief, it is a database, that everyone can keep accounts.
Let's talk about its decentralization. At present, many of our current life applications are centralized models. Our bank deposits are recorded through the central system of the bank, and addition and subtraction are performed on our bank accounts; we also use the central system of the platform to transfer money to our account and the people who trade with you through google pay and visa. Addition and subtraction are done on the account; all the formalities of our company registration are approved by the government agency through filing. … There are countless examples of this type. We found that there are many "central systems" in our current social operation. Our government agencies, banks are all acting as our bookkeepers.
The advantage of a centralized system is that the central system can control all processes and ensure accuracy. Its importance in the industrial society for resource and data control can be said to be quite important. However, the shortcomings are also very prominent. We can think of a kingdom as a whole. The central system is the king, who controls the overall situation and issues orders. When the state issues certain orders or policies, and when the officials under them are carrying out the king’s orders, through layer-by-layer communication, it is very likely that the king’s original orders or policies may be misinterpreted and changed. Sometimes the king may issue some wrong orders, and the ministers who execute them know that it is wrong to do so, but they cannot resist the orders of the king, resulting in some avoidable but unavoidable mistakes. When the system reaches a certain level of complexity, the execution power and accuracy of the centralized system will be reduced, and even serious errors will be caused.
At present, there are many examples of our centralization, such as e-commerce platforms, renting and buying intermediaries, financial and wealth management platforms, etc. We go to the central system to browse the services we want. Once a transaction is reached, we first transfer the money to the platform and wait for the buyer and the seller. After reaching a consensus and confirming that it is correct, the platform will send the money to the seller. However, the speed of the seller's payment is not necessarily fast, which makes the platform side, our central system, earn a lot of money. At present, this model is acceptable to everyone. Once we have formed a perfect credit system, which enables buyers and sellers to trade directly without questioning credit, we can truly achieve peer-to-peer transactions, but this requires the help of our blockchain. technology. We can imagine that each of our transactions will generate an electronic contract in the big database, with time points, specific transaction values and some specific information that can be checked. Once both parties confirm, a closed chain will be formed and stored in our blockchain chain. and cannot be changed, we consider the deal to be done. However, this also requires our laws to follow up with technology to make our blockchain system more complete. This is an inevitable trend, but it requires continuous practice to improve, which will be a long process.
