A detailed introduction to the development of digi
China has already become the country with the largest number of Internet users in the world, and has the largest e-commerce platform and Internet game group. The breadth, depth and development speed of goods and services that China's Internet can provide are among the top in the world. Internet users have long been used to online consumption. It can be said that in China's Internet world, digital assets have the largest development space.
Bitcoin has led to the birth of the concept of blockchain, and blockchain technology has also led to the rapid development of digital assets in recent years. All of a sudden, it seems that the whole world is talking about blockchain and bitcoin. Blockchain is undoubtedly the most popular investment concept in the past year. With the sharp rise in the price of blockchain assets such as bitcoin, ordinary investors are more and more interested in blockchain technology and digital currency investment. Blockchain is like an invasion of the whole human economy, which may be more thorough than the invasion of the Internet. What people begin to transfer is not simple It is not only the information and consumption habits of the individual, but also the recognition and choice of assets.
As the "transit station" of all kinds of digital asset currencies, blockchain exchange is an indispensable part of the whole blockchain ecology. The future development trend must be all-round. What is the future development trend of blockchain exchange?
Decentralized exchange is bound to be the development trend in the future, but there are still many problems in decentralized exchange. Compared with centralized exchange, centralized exchange platform is still the mainstream. It can be seen from some of the top trading platforms in the global exchange rankings that investors, users, project parties, etc. are mainly centralized platforms. If we develop the trading platform Baidu, we can search for he consultant. If the direction changes, generally the top trading platforms such as Huo coin, Yuan'an, okex, bitmain, Zhongyuan, etc. will make rapid adjustments.
The main problems to be solved by decentralized exchanges are asset security and transaction audit.
Asset security issues are well understood. There have been a number of coin theft and user coin loss incidents before. Since the beginning of 2018, users have lost more than $1.1 billion worth of digital assets, resulting in heavy losses.
The reason why it will be stolen is that the centralized exchange adopts the tripartite central trusteeship mode. When the user charges the assets into the exchange, the assets on the account are just numbers. Because you have no private key, you can't control your own assets. At this time, the control is in the hands of the exchange.
At this time, if the private key of the exchange is leaked, your assets may be stolen and lost. There have been many bloody cases before, which makes people worried.
How can decentralized exchanges solve this problem? Decentralized exchanges use smart contracts. Users' assets are held in trust in smart contracts. Once funds are included in smart contracts, only those who have the private key of smart contract account can access the funds. As long as the user keeps the private key well and is not known by malicious three parties, it can ensure the security of funds.
Even if hackers attack the exchange to obtain the exchange private key, unless they can obtain the user's private key, they cannot transfer the user's assets, and the exchange does not store the user's private key, so they can only get nothing.
Transaction audit. I believe everyone has heard about transaction rollback. In the decentralized exchange, every transaction data and record can be queried and traced on the chain. Once the transaction data is submitted to the chain, it is true, reliable, transparent and tamperable. In addition, the transaction, recharge and withdrawal of users can be traced on the chain, which is not controlled by three parties, thus ensuring the authenticity of the transaction to a large extent.
From a technical point of view, the decentralized exchange carries out market exchange directly on the blockchain, and the virtual currency will be stored in the smart contract on the blockchain, or directly sent back to the user's wallet. At present, there are both. Relatively speaking, smart contracts are more secure than wallets, especially the hot wallets used in transactions.
Liquidity, trading speed, asset security and other issues make it difficult for the centralized exchange, so the decentralized exchange arises at the historic moment. While solving the above problems, the decentralized exchange also fits the unique attributes of the blockchain.
Our common blockchain transaction modes include currency match transaction mode, OTC transaction mode, and previous legal currency transaction mode. At present, the new products in the industry in the past two years include futures contract mode, perpetual contract mode, trading mining mode, mortgage lending mode, OTC C2C mode (there is a certain difference between OTC and C2C) quantitative trading, etc.