Analysis on the Blockchain Industry

Trillion-Dollar Market Focused by the Market and Capital

By over a decade development, Bitcoin has started from zero to a peak of more than $70,000, and led to the creation of over 22,000 cryptocurrencies (CoinMarketCap, January 1, 2023) with a total market capitalization exceeding 2 trillion dollars. The underlying technology of Bitcoin, blockchain, has received widespread attention. And a large number of developers have been attracted to contribute to the associated technologies as data structures, smart contracts, virtual machines, and consensus mechanisms and algorithms. At the meantime, various industries such as finance, supply chain, intellectual property rights, social media, and artificial intelligence are also seeking integration with blockchain technology. Large banks and tech giants are actively deploying blockchain solutions and services in their industries. DeFi (Decentralized Finance), metaverse, and Web3.0, which are all built on blockchains, have entered the public, triggering waves of capital and market frenzy.

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区块链行业背景分析

市场和资本关注的万亿市场

比特币发展十余年至今,从最初发行的零到最高七万多美金,催生出22000多种数字货币(CoinMarketCap,2023年1月1日)进入流通市场,从无到有创造了超过两万亿美金的数字货币总市值;而作为比特币底层技术的区块链更是受到广泛关注,与之相关的数据结构、共识机制与算法、智能合约与虚拟机等吸引了大批技术开发人员进行研究、改进、创新;诸多行业如金融、供应链、知识版权、社交、人工智能等也纷纷寻找与区块链技术的结合点,大型银行与科技巨头争相布局相关行业的区块链解决方案和区块链服务。由区块链作为底层设施的DeFi(去中心化金融),元宇宙与Web3.0也走进了大家的视野,掀起一轮又一轮资本和市场的狂潮。

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In 2020, The Blockchain Enters The Era of Paralism

The blockchain has experienced the 1.0 era of programmable currencies, the 2.0 era of programmable contracts, and the 3.0 era of programmable performance that gradually extended to other application areas after performance improvements. The technology itself has still not reached the requirements of the real business world; The increasing demand of the industry’s blockchain and the growing competition among giant companies and even sovereign governments on the blockchain. Blockchain technology has entered an accelerated development channel, and it is very likely that it will enter the next era in 2020. The blockchain 4.0 era is worse than the 2.0X2.0 era. Continue reading In 2020, The Blockchain Enters The Era of Paralism

Infrastructure for the DAPP ecosystem from the DAPP grading menu

Blockchain has not yet developed killer applications.

So far, most of the application of blockchain technology is based on its utility: on the one hand, traditional institutions regard it as a “distributable, non-tamperable, and trust-solving problem” distributed ledger technology, using blockchain as a tool. To improve the quality of traditional industries; on the other hand, independent DAPP developers mostly use the most mature application of the blockchain – cryptocurrency, looking for scenarios that make it easy for cryptocurrency to flow, to attract traffic, such as gaming, games, etc. .

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Distributed computing power of blockchain’s Post-era

A few years ago, in the development of cloud computing, Viktor Charypar, technical director of British digital consulting firm Red Badger, wrote on Venture Beat that cloud services will usher in the end, and pointed out that peer-to-peer network will be future development.

He cited the poor performance of cloud computing, the fragility of centralized storage and data trust. He is very confident that most of the problems mentioned above can be solved. Fully distributed, permanently redundant data storage and peer-to-peer network technology are Our inevitable development direction.

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How does Paralism go to independence and interconnection of value?

The Paralism multi-chain parallel structure provides customized consensus sub-chains for various types of assets and business forms. It supports public chain, private chain, and consortium chain forms, and also provides a natural opportunity for cross-chain interconnection. Various types of assets, businesses, and industry assets can be interconnected through decentralized way. The hyper-block consensus ensures global consistency and data security, thus achieving true value interconnection.  Continue reading How does Paralism go to independence and interconnection of value?

The Perfect Built-in Cross-chain solution of Paralism

During the implementation of cross-chain process, various terms such as notary mechanism, sidechain/relay, and hash locking have been proposed, but none have effectively combined efficiency and security. However, the parallel advantages of the Paralism data structure provide a natural interaction possibility for chain cross. The hyperblock structure can highly guarantee global consensus and consistency within the system. Paralism effectively avoids the poor traceability, high risk of intermediary bridging chains, protocol inefficiency and slow interaction in the cross-chain process. It is naturally efficient and feasible. Continue reading The Perfect Built-in Cross-chain solution of Paralism

The data economy and the era of mining : What do you need to know?

Driven by technologies such as 5G, AI artificial intelligence.The data economy is on the way . For data traceability, identification, verification, confirmation, collaboration and transaction needs, the blockchain will combine 5G and other technologies to build the underlying network infrastructure of the digital economy. Different from the centralized network used by most existing Internet applications, the digital economic value Internet supported by the blockchain will be a decentralized network without boundaries to meet the characteristics of the data itself and the needs of data economic activities.

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Keywords for the next five years: Digital economy, Infrastructure, Blockchain, Parallel

Digital economy is irreversible

Babolat – french tennis racket maker, has produced a smart racket that captures user performance data that can be sold to other sports companies, sports research centers, and even sports betting companies that are trying to develop new products; there is a car sensor that driver brake data upload, if many drivers frequently brake in the same place, then there is a hidden danger in the traffic section here, the insurance company can cooperate with the municipality in advance to eliminate hidden dangers to reduce the payment.

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