Why blockchain technology first came with bitcoin as a cryptocurrency instead of Ethereum or a cross-linked Cosmos? Because cryptocurrency is purely business-savvy (numbers vs. contracts vs markets), technically more Tight and easy to implement (script stack vs Ethereum virtual machine vs. universal sandbox). Encrypted currency represented by bitcoin is called programmable currency. Ethereum can model all kinds of tokens and token-based cooperative actions. It is called programmable finance, and the practical blockchain system will draw the existing blocks Chain of practical lessons, starting from the practical purpose of redesign blockchain architecture, the real blockchain can actually be used in the modeling of the community is not just the value of virtual, but also assume the responsibility of the virtualization of social relations of production, in the realization of The value of the real world based on the anchoring of the virtual world realizes the different contracts in the real world and the consensus modeling of different business processes in the virtual world and may even create a new production contract service or contract process that unifies the real world and virtual ablw, This can be called a programmable society. It can be seen that the division of blockchain is not to strictly distinguish the advantages and disadvantages of various blockchain, but through the division, the distinction between different blockchain types in the modeling of objects and business processing capacity difference, and rooted Focus on solving the problem of different. More importantly, just as in real society, money is the foundation of finance, and money and finance are the core of this social operation. Programmable currency is the core and value exchange basis of programmable finance and programmable society. Programmable finance It is the center of programmable society.
The main figure is from the technical complexity and freedom of business degrees, two dimensions probably explain programmable currency, finance, social inclusion of the three generations of the relationship. The location of several blockchain platforms or chain platforms that may appear in the figure is just a sketch, which is not accurate and just for reference. The chart also lists the main functional requirements of the blockchain across generations, including the ability to model the monetary amount of programmable currencies, the state asset programming in programmable communities, contract modeling, contractual terms modeling, programmable Social state asset modeling, contract modeling, contractual terms modeling, process modeling in programmable social transactions, modeling cross-chain processes across transactions. Status, business, processes, regulations and governance are the dimensions of the functional capabilities of several blockchain chains. It may be that some capabilities are also somehow available to other generations of platforms, but differ only in the strength of the modeling capabilities.
Based on the existing problems in the blockchain and the capabilities that the blockchain society has, I believe there are several trends in the future blockchain:
Modeling business contract processes
The current blockchain is just a state on modeling objects, not a business process state machine. It is believed that machine-driven automation processes, combined with IoT and value anchoring, combine the virtual society with the real world into a single production relationship, Can we comply with the fundamental requirement of liberating the productive forces, so the blockchain platform that can model the business contract process will be an evolutionary trend.
Formation of cross-chain trading market
Independent blockchain to complete the production of value-related business areas of value, to achieve the socialization of goods and the circulation of value, you need cross-chain trading market, through cross-chain cross-value exchange market to meet the value of freedom in different subjects Circulation price.
Architecture of high scalability design
Blockchain Societies have a huge demand on system computing power, and blockchain platforms need to have good horizontal scalability in order to meet the ever-expanding business contract transaction requirements. An extensible blockchain platform is of no practical value. With the accumulation of experimental experience in blockchain technology and its practical application, an extensible blockchain architecture platform must be a design trend.
Anchored with the value of the real world
In order to unify the real production into the virtualized production relations so as to realize the automation purpose of the machine driven by the contract, it is necessary to have the feasible scheme of Wang Lei to integrate the value anchoring tag of the virtual world into the real-world products Service to go. The value anchoring mechanism that unifies the value of the real world with the value of the virtual world is an urgent problem to be solved.
Connect with the real world law
In order to unify real production into virtualized production relations so as to realize the automation purpose of machine-driven contract-driven production, a set of practical solutions must be put into place to put the value-tagging of the virtual world into the product of realizing the world Service to go. The value anchoring mechanism that unifies the value of the real world with the value of the virtual world is an urgent problem to be solved.
Blockchain will eventually integrate the virtual society and the real world to form a unified virtual production relationship. The premise for an actual blockchain platform to run in parallel with the actual social economy is to have legal compliance consistent with the real society Sex. In line with the spirit of the real world law and the requirements of the legal provisions of the legal provisions of the fundamental legal compliance.
Imitation of the real world governance mechanisms and systems
The blockchain that can model social productive relations is a small-scale economic society. Different actors need to be similar to the real world to set up governance mechanisms and systems in order to maintain the healthy, steady and sustainable development of the blockchain so as to safeguard the development of the blockchain Social justice.