• Product thinking

    When we are “consuming” Bitcoin, what exactly are we consuming?

    Next, we will talk about the value and risk of consensus. The consensus cost determines the value of a public chain, not the application. The application only affects the risk of the value, which is a very subversive view. For this reason, we need to further explore: Imagine that we have a bunch of code, …

    June 26, 2020
  • Value and risk of consensus

    Value and risk of consensus

    Consensus mechanism is the most special thing of blockchain, which is different from the consensus in the real world. Based on algorithmic program, blockchain reaches an agreement on the transaction data on the chain, thus creating value. The value in our life is also based on consensus. Except for the exchange price, most of the …

    June 24, 2020
  • Blockchain-credit

    Credit of a block

    The anonymity of blockchain makes the concept of “credit” redundant. All the loans and levers on the chain need to be fully mortgaged. Even if someone tries to find another way to establish a weak credit through some “identity” asset, it is also a kind of disguised mortgage in essence (it is known that this …

    June 24, 2020
  • Hello Nest Oracle !

    Welcome to Nest Oracle Blog! I’ll post some articles about Nest Oracle here.

    June 21, 2020