The Internet was born from a research project supported by ARPA. Previously, US defense computers were connected to each other in one direction, so we could connect each computer in series with other computers. When one computer is destroyed, another computer loses communication. To avoid this, the government decided to connect the computer on the network to each computer connected to all other computers. The motivation is to connect a small number of existing dedicated computer networks to the interconnection network. The first version of the Internet, called ARPANET, was implemented in 1969. UCLA, University of California, Santa Barbara, Stanford Institute and Utah University. That is the predecessor of today's so-called Internet.
The development of block chain technology can be compared with the evolution of the 1990s or the Internet. This evolution has not been guided by any central authority. Instead, the Internet protocol was designed by peers. This system tends to manage the distribution of information from central authorities. The development of block chain technology further promotes decentralization. In my opinion, it is highly likely to be a natural technology revolution in the advancement and innovation of the Internet. You can specify a state change system where protocols are autonomously enforced by programs of no interest. This can be applied to various fields
Block chain is probably the biggest destroyer in human history. This is the next step in our development from telecommunications to the Internet and other technologies. It can not be denied that this has changed the aspect of almost all future technology development and has already amplified the influence of democratization and globalization of the Internet. Block chain technology has just begun. As the mother of all cryptographic currencies, Bitcoin showed the world the first actual use of block chains in 2009. Since then, thousands of new encryption currencies have been created, using a very similar distributed block chain approach. Compared to traditional legal currencies, the cryptographic currency has countless advantages The greatest benefit is complete distribution, improved security, and improved transaction efficiency.
In the age of the Internet, we also saw a new invention in the field of currency technology. If the Internet is one of the most important inventions of human history, these innovations are part of the most important inventions in the history of money. . It started eight years ago, and with the invention of Bitcoin, it was the result of long-term struggle and cooperation, creating something new for the Internet age. The invention of the Internet 40 years ago changed the flow of the history of mankind. Forty years ago today's world can not be recognized; due to the development of the Internet and the popularity of the cryptographic currency, the world will change in an unrecognized way after 40 years.