Hello everyone, onlookers and friends, therefore welcomed[ Dawn Time ], I am Zhang Tianliang. Today is October 28, 2021. There is not much news this weekend. I want to talk to you today. I have some learning and thinking about encryption recently. The trouble of money and NFT( Non-fungible Token) These messages voice relatively new now is the cryptocurrency I want to talk about “Ether” today. Ether may have been heard by some people. It is just like Bitcoin. It belongs to cryptocurrency even if you have not heard of the concept of ether or NFT, then I argued that I will see such a hypothesi more and more in the future. I am still learning about the mechanism of ether and NFT. However, I vaguely feel that the impact of these concepts on the Internet will be subversive, and it is very likely that the CCPs Internet blockade will be deteriorated. All things are rising. There is a store announced Dollar Tree in the United Government, which we translate as “dollar store”.This one-dollar supermarket is now about to go into history. Starting in the first quarter of next year, most pieces will permanently increase their costs to $1.25, which means that low-cost retailers have been unable to withstand the pressure of inflation. Many friends who have been to the United Commonwealths may have visited the Dollar store( a dollar accumulate) like For example, if you buy some disposable tableware or some household cleanup concoctions, etc ., it is very cheap. The Dollar store says it is a dollar store. In fact, many things are not just a dollar, but it may be because of the list. You will think that shopping here is very cost-effective.The Dollar store goes into autobiography, of course, is the result of inflation This is probably the example, but there is no very close logical relationship between the two. That told us, as soon as the currency depreciates, Bitcoin will rise. But in the long run, I ponder Bitcoin does have a May fight against inflation. Recently, because of various opportunities, including Zuckerberg( Mark Elliot Zuckerberg) said that he will build a Metaverse, the Chinese translation is “metaverse”. This stimulate me start to pay more attention to this digital currency and blockchain technology. A two weeks ago I examined an commodity on Fox News for you to take a look at this article called 10 Common Cryptocurrency Terms You Need to Know 10 common terms about cryptocurrencies These calls are actually if you look at them you will find things like blockchain, which is like fiat, like a sign, like this exchange between currencies, etc. same to these things, this digital purse Wait, there are a total of 10 such concepts.I picture these 10 hypothesis are like some ideas in the Internet. Sooner or later, everyone will know that, for example, 20 years ago, if you talked about, for example, you talked about some conceptions on the Internet, Weibo Maybe countless parties don’t have these principles, or web pages, high-speed Internet access, wireless Internet access, etc. 20 several years ago, perhaps the technology exactly started, but after 20 times, these things have become part of our daily life. In fact, cryptocurrency and blockchain engineering are also likely to become part of our daily life. You remember that in 2019, Xi Jinping formerly said that he said that China should energetically develop blockchain technology and then he stopped talking about it. Why? Because I guess at that time, Xi Jinping might have listened to a class about blockchain. He may have found that blockchain may generate a lot of business opportunities, so he wanted to vigorously develop blockchain technology, but later he may have discovered blockchain. Technology may constitute a serious threat to the CCPs control of civilization, that is, the CCPs tight control over culture may be overwhelmed by blockchain engineering, so later the mainland will no longer talk about this issue.So today I would like to say something about cryptocurrency and Common sense knowledge related to NFT, etc. My intuition is that a brand-new Internet and financial procedure is taking shape. At present, there are three parties in video games, one is the private sector, the other is large projects, and the other is the government. These three gatherings are trying to acquire the third generation. In the process of Internet development, it emulates for the right to speak and financial control, but because the third-generation Internet itself has a feature announced Decentralize( decentralization ), this piece may to be translated into a cause that any attempt to control the network and finance. In the end, it will be a failure, or there will always be a part of it that is completely out of control or completely outside the government’s supervision. If the second-generation Internet has been monopolized by some sizable corporations, such as Google, Facebook, Twitter, etc ., then the second-generation Internet has been Monopolized by some big companies, then the third generation of the Internet throws the authorities concerned, big companies and ordinary people on the same starting line, which means that for ordinary people, this may be an opportunity to regain the Internet and regain the right to speak on the Internet.The opportunity of Internet finance may destroy the government and major endeavours in this process. For such an opportunity, for a totalitarian government like the CCP that tries to control everything, in Web 3.0, the third generation Internet epoch, all the control efforts of the CCP will eventually be As a collapse I know it can be very abstract I want to start with a few basic concepts I time talked about the third-generation Internet. Of route, different parties have different ways of segmenting the age. I will tell you that the first-generation Internet is the static web page in the 1990 s. Everyone may have the impression of dial-up Internet access and then you If you want to access a certain webpage, the contents of that webpage is stored on a certain server of a certain enterprise. This endeavour has a dedicated network server( Web Server ), and then the speeding at which everyone accesses its webpage depends on the enterprise. It has the bandwidth between the server and the Internet service provider. One of the biggest the specific characteristics of the first-generation Internet is that the content of the entire web page is completely created by an organization, that is, it is created by an enterprise or been established by a government.This is The first generation of the Internet and the second generation of the Internet should have started from 2005 to 2006, or maybe a little earlier. The second generation of the Internet entered the era of user-created content. For example, YouTube( youtube) is a very typical second-generation Internet. The first generation of Internet concoctions is that I want to upload a video, I make a video and upload it to my own server, right? Then what about YouTube( youtube ), that is, the second generation Internet is not a server concept, it is a platform The concept means that it does not create content itself, but it makes customers the opportunity to create content and upload content.For example, our video content is that YouTube, been established by me as a consumer, only equips a platform. This is the second generation of the Internet. The second contemporary The Internet is an era of “content is king”, because when there is content, there will be traffic, there will be traffic, there will be advertising, and there will be advertising. Companies with large income are exclusively responsible for providing pulpits, such as the Apple Store.You create some APIs( application programming boundaries) for APP, and then you can create your own APP on the Apple operating system. Then Apple Computer allows users to create their own APP, Facebook specifies a scaffold, and then the Facebook page is created by the user. You affixed a announce( Post ), you post a photo or you affix a video, etc. It is created by the user and like Twitter. It too gives you a platform and then you appoint the content yourself, so that it stipulates unlimited possibilities for all kinds of content creation. At the same time, these large pulpits make a lot of money. You can see its advantage modeling. The first contemporary of the Internet is completely consumption. I build a server, I spend money to buy this server, I spend money to create content, I spend money to buy bandwidth, and then you use it and users implementation it.So the first generation of the Internet is completely expendable, and the second generation of the Internet starts to make money. Create content This is how I make money. You are like us on Facebook and YouTube. 45% of the profits from creating these content are directly taken by YouTube because it is the equivalent of a platform. It takes 45% and 55% of pushing receipt. Exclusively then can we throw us 45% of the advertising revenue it makes , not 45% of the advertising revenue, but 45% of the profits. It takes away all its expenses and then makes 45% of the profits. We develop content to help Google YouTube make money. This is The second generation of the Internet is that it caters a platform and then useds start material. Of trend, the more consumers there are, the richer its content will be, and the more parties will come to see it. In this action, if an ecological follow-up platform is established, there is no way to compete with it. For these programmes, although the content is not created by it, it can control who can create and who can’t. That is to say, it can close your account. So for the second generation of the Internet, these large-scale platform corporations have gained even more than The government has more superpower because the government can control your mas at most and put you in jail, but the Internet platform can authority your speech.For example, in places like ours, beings often appreciate yellowed names and prevent you from making money. It may even be like Say I’ll give you a red flag, stop you from uploading for a week, or even shape you “social death”, precisely shut down your Internet channel. This various kinds of “social death” is a kind of social extinction that isolates you from social media At the same time, it is also isolated from civilization. This is the second generation of the Internet, so the third generation of the Internet is the Internet we are talking about today.Its concept is completely insurgent, that is, “decentralization”. The so-called decentralization means that there is no central regulate. For example, for example, we all know that going to the bank to lodge fund, the bank itself is centralized, because how much fund in each person’s account is stored in the bank’s ledger, then the cryptocurrency has changed the concept of the bank’s central record. Cryptocurrency is decentralized What is changed is that it does not have a coalesced ledger, but adopts a shared record. Tells take an analogy to say that shared record resounds more brain-burning. Let take an analogy. Its very simple. For example, two people get married.For example, where should Zhang San and Li Si get married? Go to the government, right? Who are you married to? The government has a marriage record, so now the problem starts. In ancient China, the government did not care who was responsible for the matrimony registration. Who can prove that the lad of Zhang Sanjia married the daughter of Li Sijia? Where was this marriage cross-file? This is a question, who cautions? Si’s daughter was taken to Zhang San’s home, because when you did this, everyone lived in the same village. Everyone knew Zhang San’s son as soon as he got married and made Li Si’s daughter. Big Everyone are well aware. If there is only one artery in village representatives, everyone improves houses along the road. As soon as they examine the suona and the sedan chair, everyone must watch the excitement. The son of Zhang Sans pedigree married the daughter of Li Sis family. It is to inform the whole village of this union happening, so that there is no need to register, you is not need to go to the government to register because this reality is included in everyone’s memory.The third contemporary Internet is actually this concept that whenever there is a transaction( Transaction) When it happened, it was like the son of the Zhang family married the daughter of the Li family This fund is not recorded in the bank, but Zhang San and Li Si told everyone on the Internet with immense fanfare, just like blowing a suona and carrying a sedan chair, telling everyone that Zhang San passed Li Si two hundred yuan, so Everyone wrote a record in their own account books saying that Zhang San imparted Li four or two hundred dollars this day. Everyone should now understand that it is actually a kind of network-wide broadcast. I did one thing and I will do it. Let the world know everything and make the world remember a cryptocurrency is actually such a perception. It engenders a block( Chain Block) for each currency. When this currency is transferred from a certain A to some B paw, this There is a record on the block, and every account book on the part system has a record of this block transaction because it is a transaction on the part system, so there is no way to tamper with it, because it is said that Zhang San’s son married Li Si My daughter is already in the hamlet and everyone has this retention. If you let everyone say that Zhang San’s son married Wang Ermazi’s daughter, it will be difficult for everyone to admit that unless you rework everyone’s memory and say that day He married Wang Ermazi’s daughter, so that he can change the fact in everyone’s memory. So if a hacker wants to tamper with transactions, he has to hack into more than half of the accounts to change transactions. It is very difficult to hack into one report. What’s more, “youve had” hacked into so many records, of course, even if you hack into someone B’s account, you can only say that someone B has transposed the money back to someone A, but you can’t tamper with the fact that someone A has already transferred the money to someone. The point of B is that what happened in the past cannot change too, so you can imagine that due to this kind of record of the whole network, the information becomes a administered life. Let’s take an example just now that a certain A gave a specific B two hundred yuan. Money actually has no necessary connection between cryptocurrency and its owner. If you want to own cryptocurrency, for example, you just wanted to own bitcoin or you just wanted to own ether, then you have to have a digital wallet. Cryptocurrency is actually from a number The billfold is transferred to another digital billfold. As for who the owner of the wallet belongs to, whether it belongs to you or me, in theory, it can be completely anonymous. This digital wallet does not know who it belongs to or who it belongs to.Where does the owner of the data live? All other intelligence is not accessible here. Can you understand cryptocurrency as cash? When it is stolen, you cannot prove that this “cash” formerly is accountable to you and was stolen. So this is One of the characteristics of cryptocurrency is its anonymity. Now in the cryptocurrency clique, the most valuable thing is bitcoin. The second most valuable is ether. And if you are willing to use it as a medium of exchange, then it has the operate of currency.If countless beings believe that bitcoin is valuable and are willing to use bitcoin to exchange goods, then a correspond rapport is established between the value of the exchanged goods and bitcoin. Correspondingly speaking, bitcoin The money also has value. This importance is not endorsed by the government’s sovereign approval , nor does it correspond to gold. It is such a thing that everyone cartels. The approval itself imparts it ethic, and its ethic is a consensus of the whole network. It should contribute to a notion announced Decentralized Finance( decentralized finance ). From the description of Bitcoin just now, you may have a feeling that this kind of finance is a headache for the government because it is completely regulated by the government. In addition, it has no way to associate this capital with a specific person, just as it has no way to associate this “clump” of cash with the owner of a certain cash, so it is very useful for monitoring the flow of stores or receiving money. In terms of charge, there are many problems, so this kind of virtual money has caused another type of virtual economy, that is, the products in the virtual nature. The things we are going to tell you today may be a bit brain-burning, but I think everyone has to know that because of this matter, we Sooner or later, we talked about the Metaverse, which is Mark Elliot Zuckerberg. He wants to build a Metaverse. For example, there is an application in this Metaverse. Many people have talked about it, for example. You want to go to a concert. This concert is not a real concert. It’s not going to, say, the Concert Hall to listen to the performance. It’s a concerted effort in a virtual world-wide. When you turn in a pair of glasses, it’s like coming to a concert.You can see the performance on the stage, you are eligible to consider the people around you as if you are really in a concert hall, who is wearing what you are sitting next to, and you seem to be in the same space and occasion as him in the same theater Watching a concerted effort you can even talk to the people next to you. So good. If you go into such a virtual world-wide to attend a concert in such a virtual life, do you have any idea of how to dress yourself up? You m ght wishing people around you to see you Well dressed then you want them to see what label of clothes you wear what shoes what jewelry you wear what style you wear You may want to present such an idol to parties in the virtual world.How can you have such invests, shoes, jewelry and watches in the virtual world-wide? Then you need to be in the virtual world-wide. You can even buy drapes, shoes, jewelry, autoes and homes in the virtual nature. You can even give the impression that you are driving a Lamborghini to that concert, which means you have your car in the virtual life. It’s all purchase with virtual currency so my feeling is that Mark Elliot Zuckerberg can at least trimmed a leek or make a lot of money for everyone who opens his Metaverse but it’s not over Another theory is that there is another perception in this virtual life, which is NFT( Non-fungible Token ).) This Non-fungible Token means that it is a unique clue in a digital nature, so anything can become an NFT such as a song, an section or a specific Trademark( Logo) or a certain picture, a certain video, etc. NFTs are simply the only works in the virtual macrocosm. Causes take an example of Zhang San coming to my home now or lets say I went to Zhang Sanjia as a guest and knew Zhang Sanjias wall There is a picture of the Mona Lisa hanging on it.When I look at it, I know it is definitely a imitation because there is only one painting by Leonardo da Vinci. Now it is hanging in the Louvre Museum. No problem how good the Mona Lisa is in your home, it is also the same. A phony then a hoax is definitely worthless because what you get is a copy then there is also a problem with digital uses. For example, if I draw a picture to create a song or make a video, he is digital. In the world, it is easy to copy and duplicate, you can easily download this thing and save it to the hard disk, but NFT is different. Everyone pay attention to this concept.NFT is different. I made a paint in the digital macrocosm and I can settle this The paint makes a “coin”( Token) This process is called “mint”( Mint ), let’s take a look at this concept Mint is to record a piece of your work in the blockchain, it will generate a “coin” for this work( Token) The sign of this Token is called Non-fungible Token. NFT is an irreplaceable and unique sign. It is “one of a kind and irreplaceable”. le) What is this concept? After I create a work, I “mint” it into a blockchain. Someone wants to buy my paints. Exclusively deals sanctioned from my block are credible. Then you buy it from me because with the NFT, it’s like a defence stamp on it, so you can know that this painting of mine is the real one, as long as others copy it, it must be a fake because the painting you bought has this NFT in it Genuine labor can be sold for a lot of money, but forgery are worthless.The most mainstream currency that everyone uses in the process of digital transactions is “Ether”. The abstraction I just said may be a bit brain-burning. You can take a look at this thing now. How valuable are the NFTs that have been sold. You can look at this depict. This make-up inspects messy. How much did the question sell for? It sold for $ 69.3 million. It’s just one paint. If you right click and click “Save as, ” the thing you saved is a fake. The real one is in this virtual machine. It’s unique in the world and it was sold for $ 69.3 million. How can he sell this decorate to other people? When he sells it, he joins it to the next block. This is the thing that has been sold to. Someone else, so everyone can see it. This proves that it is unique. What everyone envisions is the image of a “Cryptopunk” created by the digital world. How much did it sell for 2,000 ethers? Now ether is about 4,300 yuan( USD) two thousand ethers conveys 8.6 million time one thing Why is it so valuable because it is unique Any one unique thing can be sold for a lot of money and for example Say you see this tweet( Twitter) Who tweeted this? It was tweeted by Jack Dorsey, the founder of Twitter.This was the first tweet after Twitter was created. He turned this thing into How much did one NFT sell for? It sell off$ 3 million. I told everyone about this, and everyone may be very shocked. These concepts need you to listen carefully is to maintain with my opinions. Why do I tell everyone about this? It s because I actually There is an idea that Ethereum and NFTs may cease the CCPs network blockade. This is also my idea. How to implement the technical details needs to do more research. I am just telling my feeling because NFTs can be a picture A draw, a song, a video, it may also be an article expose the CCP, if this method of storage of given records is adopted, then the essay will have someone who initiated it and where it is now. And the whole network recollects where this thing is, so it may cause the CCP to have no way to block it because in fact it is distributed. Everyone knows that in the second generation of the Internet, there was a concept announced P2P. At that time, P2P( Peer to Peer Lending) When the notion of) performed, it delivered a big problem to the CCPs blockade because P2P is a user-to-user transfer rather than a used uploading to a server. If everyone goes to one target to get this thing, the CCP can Boom, close this thing off the firewall. If you block this thing, you can’t access it, but if it is transmitted from point to point in many situates at the same time, it will be difficult for the CCP to block it. At the same time, the ether itself may also create an underground economy. No matter what the CCP does Blocking this underground economy can create an underground economy in China on the premise of bypassing the Internet.This underground economy is beyond the switch of the CCP, so I visualize information flows or the flow of coin is in the third generation of the Internet. It is completely free from government supervision, so this may cause the totalitarian society to control everything and the government will eventually fail. This is just some of my ideas. It is certainly take a lot of research to improve it. Friends who have knowledge about this are welcome. You can leave a message under me and everyone can discuss this issue. Well, we have basically talked so much today. Finally, I want to tell you that our current membership network still has that rebate. This deduction will end on Tuesday, November 30 th .$ 99 to subscribe for an annual membership and then send you two months for $99. You can watch 14 months of content on our membership network and there are about 50 hours left. This event is over, so those who haven’t subscribed are welcome to visit our membership website. Subscribe to this link and it’s just below this video. Well, that’s it for today. If you like our content, you are welcome to subscribe and spread this channel.See you on the next support . .
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