Misunderstanding blockchain started from the day when Satoshi Nakamoto was misunderstood

When Satoshi Nakamoto typed the first line of code, he probably didn't expect it would have such a huge impact on future generations.

Because until now people still haven’t sorted out the relationship between digital currency and blockchain. However, what is certain is that both digital currency and blockchain are brand new species, which is why they attract so many people to join in.

However, not everyone has the same pure view on digital currency and blockchain. When they pay attention to digital currency and blockchain, they only pay attention to digital currency and blockchain themselves. Many more people pay attention to digital currency and blockchain because they see the huge wealth hidden behind digital currency and blockchain.

There is nothing wrong with pursuing profit. People are not interested in digital currency and blockchain just because they can make money. Even if it is something else, the ultimate driving force behind people's attention is to make money. Therefore, when many people look at digital currency and blockchain, they attribute the reason why digital currency and blockchain have entered a development vicious circle to making money, which is actually wrong.

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The real reason why digital currency and blockchain fall into a vicious circle is not just about making money, but that people regard making money as the whole of digital currency and blockchain. In fact, even if it is not digital currency and blockchain, if it is other species, once making money is regarded as the whole, it loses its value and meaning. Therefore, if we want the development of digital currency and blockchain to jump out of the vicious circle, the first thing to do is to find the meaning of digital currency and blockchain beyond making money.

After continuous reshuffles and adjustments, people gradually have a clear understanding of digital currency and blockchain. The so-called digital currency is just a special case of blockchain technology application. In addition, we can find more possibilities for blockchain technology applications. Even the originator of blockchain, Satoshi Nakamoto, did not say that digital currency is the only application of blockchain technology. Perhaps from this perspective, we have misunderstood him.

Fortunately, people have begun to have a relatively clear and comprehensive understanding of blockchain. More and more people have begun to devote themselves to the research and development and application of blockchain technology. This existence, which once regarded making money as the only goal, has begun to have more connotations and meanings. Despite this, the blockchain industry still has a huge problem, which is that it is too high-end and too few people understand it, so it has always been a niche.

When we re-understand blockchain, it is not just about cutting off the connection between it and digital currency. What is more important is to find a way to make more people understand it. Only when people truly understand blockchain can they find all the possibilities related to blockchain technology. At that time, digital currency is no longer the only blockchain. At this time, blockchain can be regarded as truly breaking free from the constraints of digital currency and truly entering a new era.

At least from the current development situation, blockchain has not really escaped the shackles of digital currency, because issuing coins or ICO has always been a hurdle that blockchain cannot get around. Fortunately, after blockchain was elevated to a national strategy, more and more players who cheated under the guise of blockchain were exposed to the public, and people's understanding of blockchain has also begun to become mature and rational. In addition, the adjustment and reshuffle of the blockchain industry is no longer regulated by the market, but more by the intervention of the state and the government. The development of the blockchain industry has begun to move from an era of chaos to an era of clear distinction.

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More and more players are beginning to focus on the research and development and application of blockchain technology, including Alibaba, Baidu, and Tencent. Making money is no longer the only role of blockchain. Reconstruction and reengineering have allowed more and more people to see the many possibilities of blockchain in improving industry operating efficiency and subverting traditional development models. Blockchain is increasingly appearing in many fields such as food traceability, legal notarization, insurance, and finance. Those geeks who are determined to position blockchain technology have begun to run wild in the research and development of blockchain technology. As a result, people began to jump out of the "circle" that Satoshi Nakamoto has drawn for blockchain, and discovered a bigger world outside this "circle".

At present, blockchain has become a powerful tool for people to lay out the industrial Internet. Those pain points and problems that seem to be unsolvable in the scope of the Internet are now being solved in front of the blockchain. Blockchain is opening up a new model for people to think about traditional industries, and even the Internet industry. A new era dominated by blockchain technology is coming. It is foreseeable that with the continuous maturity and improvement of blockchain technology, the separation of digital currency and blockchain will become inevitable, and a new era of more diversified and comprehensive development is slowly opening up.

Despite this, we still see many bubbles in the blockchain market. Those who try to use blockchain to realize their dream of getting rich quickly are still unwilling to leave the stage of history. As a result, the supervision of the blockchain market has become long-term and continuous. Even when blockchain has risen to the level of national strategy, this momentum has not weakened. This is inevitable. In my opinion, only when blockchain and digital currency have completely clarified their relationship with making money, the development bubble of the blockchain industry will be completely squeezed out.

It should be made clear that the realization of blockchain needs to form a complete and feasible business model, which must be able to optimize and improve the development of the industry, thus forming a set of effective operation models. The so-called direct binding of blockchain and digital currency, or even regarding digital currency as the only blockchain, and using the barbaric way of harvesting leeks to achieve profits will inevitably lead the development of the blockchain industry into a dead end. Only by truly taking the research and development and innovation of blockchain technology as the starting point, and shifting the profit method of blockchain from harvesting leeks, and truly finding more profit points from the efficiency improvement of the B-side industry, can the development of the blockchain industry be regarded as finding the right development track.

When we turn around and re-examine Satoshi Nakamoto, it seems that we can understand his original intention of entering the blockchain from digital currency. In so many blockchain application scenarios, digital currency may be the most direct and effective way. Precisely because of this, we will ignore more and more subversive applications of blockchain. When the whole world cannot understand Satoshi Nakamoto, perhaps it is just that they do not understand Satoshi Nakamoto in the right way. Perhaps, Satoshi Nakamoto chose to use digital currency to explain blockchain to people, which is the most direct and effective way. However, digital currency is not the only way, everything is just a beginning.

When Satoshi Nakamoto typed the first line of code, he probably didn't expect it would have such a huge impact on future generations.

In fact, it is not Satoshi Nakamoto who misled people, but people who misunderstood Satoshi Nakamoto. Because from the day Bitcoin was born, it was Bitcoin itself, not the blockchain.

Perhaps, the misunderstanding of blockchain began from the day people misunderstood Satoshi Nakamoto.