Dfinity, known as the "King of Pigeons", will go online in a low-key manner earlier than the Chia project
During this period of time, chia is stealing the limelight. If you don’t know chia yet, you are ashamed to say that you are doing blockchain.Chia was born with a golden key in it. From the founder to the investment institution to the vision, everyone can use it to tell a story.The most important thing is that the miners are profit-seeking, and the advantage of the top mine is quite obvious. After all, the futures price on non-mainstream exchanges once shouted nearly 5,000 US dollars.Of course, it is impossible for the currency price to remain stable in the short term. If the price of chia currency can reach this height after it is listed on the exchange, then the cost will be recovered after one day of use, and the miners will not be crazy.Chia was established in 2017, and it took four years to go online. Once it went online, it attracted the attention of most of the currency circle. In stark contrast, Dfinity, whose mainnet went live in May, but only in the gaps of some blockchain websites Here comes a newsletter.You must know that Dfinity has been established since 2015, and its qualifications are older than chia. It was also highly expected by the market back then, and it was a king-level project.However, after 17 to 18 years of ups and downs, it has not been launched until now. Many new partners may not have heard of the Dfinity project.Now we all know that the vision of Ethereum is the world computer, but Ethereum is still at the settlement layer.In the field of decentralized finance, it has caused great competitive pressure on traditional finance, but it will take a long time to realize the world computer.First, the TPS limit bottleneck of Ethereum is obvious. Now some DeFi-based applications are already very congested. In the short term, at least before the implementation of 2.0, it is unlikely to realize video applications, and there is storage limitation. Ethereum The current storage can only support some settlement-level data. If you want to support larger capacity, such as pictures, audio and video, you need to use an architecture like IPFS.So is there a better way to solve these problems with its own logic from the very beginning?Today I want to talk about the Dfinity project, which has been dormant for 6 years and is about to go online. How it will realize the vision of the world computer. In the words of Dominic Williams, the founder and chief scientist of the Dfinity Foundation, to summarize the vision:"The Internet computer is the third great innovation of the blockchain: the first innovation is Bitcoin, which introduced the concept of money and is now playing the role of digital gold; the second innovation is Ethereum, which introduces smart Contracts have also promoted the revolution of decentralized financial DeFi; this third major innovation is the Internet computer, which is the first real, general-purpose blockchain computer, which allows us to reimagine and build everything way, a seamless, infinitely capable blockchain.”The Internet computer mentioned here is what Dfinity will do. The underlying structure of Dfinity is very complicated, which may be the reason why it took six years to go live on the mainnet. I will try to introduce it in a relatively simple language.There is also a16z behind Dfinity's investors. According to the data on Feixiaohao, yesterday's quotation was 249U.The circulating market value has reached 116.97 billion US dollars, which means that the current circulating market value of Dfinity has become the third largest digital asset after Bitcoin and Ethereum.In terms of underlying structure, Dfinity adopts a layered structure, which mainly includes software containers, subnets, nodes, and data centers.We can use the structure of the human body as a metaphor. The data center is equivalent to the basic material that makes up the human body, and the nodes are like neurons. The role of neurons connects and controls organs throughout the body, while a software container is like an independent cell, and a subnet formed by a group of software containers is like an organ formed by a group of cells.Each sub-network has different functions, some are responsible for data, some are responsible for the system, just like different organs have different functions, when many organs and neuron networks are connected to form a complete individual, realizing very complex functions and operations.
Container concept in DfinityContainers in Dfinity are very important, similar to smart contracts on blockchain public chain platforms such as Ethereum, and applications on the traditional Internet, containers run in dedicated hypervisors and interact with other containers through public specified APIs .The container contains the bytecode that can run on the virtual machine and the memory data page running in it, so that developers can easily interact with the API, which reduces the difficulty of development.In order to prove that developers can build all applications on it, the Dfinity Foundation developed an application similar to Douyin, CanCan, with less than a thousand lines of code.This is more difficult than DeFi on Ethereum, because short video applications are receiving massive amounts of data uploaded by C-end users all the time, and they also need to process these data at any time to allow smooth video playback and free user interaction.At present, only traditional cloud service providers can realize it, but Dfinity, as a decentralized framework, can realize Douyin-like applications, which is really exciting.There are actually two types of Dfinity tokens, one is the ICP that has already been listed on the exchange, and the other is cycles similar to stable coins. When using the Dfinity network, it is free for ordinary users, but for developers In terms of need to pay for cycles.It is equivalent to paying the gas fee for the container. When these containers perform calculations or store memory, they need to consume cycles in the whole process. After the cycles are exhausted, they must be replenished with more cycles to continue running. The acquisition of cycles is Replacement by ICP is one-way. Cycles cannot be reversely replaced by ICP. After ICP is replaced by cycles, ICP will be destroyed. This is the part of deflation.How to obtain ICP, there are two ways.The first is to mortgage ICP in the NNS network to create a voting neuron node, and the neuron node manages the proposals in the network. In this way, ICP rewards can be obtained;The second type is similar to traditional mining machines. It is called a dedicated hardware node running in a data center. The underlying data center uses a professional memory server instead of an ordinary hard disk, so the entry threshold will be relatively high. This is the miner Characters can also get ICP rewards.Author: V Ke Baiyuan, principal of [Blockchain Thinking]Author: V Ke Baiyuan, principal of [Blockchain Thinking]
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