Let's start with "hashing the future".
In the current blockchain pattern, compared with most public chains floating in the sky on the market, hash belongs to a very obvious application chain in the future.
The difficulty of public chain is that it needs extremely strong technical support, application development and * * * knowledge mechanism to survive; The easy part of the public chain is that it is easy to fool and make money quickly. As long as the mouth is neat, the media and funds come in, a PPT can also fly to the sky. The positive and negative examples of public chain are not evaluated in this paper, so you can judge for yourself.
The application chain is very different from the public chain. The application chain must have a plan, a scene, a crowd, and upstream and downstream support to be possible. Compared with the public chain, the application of PPT for chain light is not acceptable. Because the user's experience of the application is real.
So the question is, what is the future of hash?
According to the Hash Future White Paper, "As a platform and bridge connecting the material world and the digital world, Hash's future goal is to solve the digital asset confirmation and transaction problems that people are facing in the digital age." "Hash World combines the institutional crystallization of asset confirmation and circulation in human history with the development pulse of the digital age, and creates a trinity platform for digital asset confirmation, circulation and transaction in the emerging protocol layer, technology layer and application layer blockchain".
To sum up briefly, the future application of hash is to use asset/commodity winding and cross-chain technology to confirm rights, transactions or transfers.
For example, in the above passage, there are words such as confirmation, trading system, three technical levels, winding and cross-chain. Every word can raise many questions and solutions, and you can write a paper. In practice, there have been several pioneers in the domestic market doing asset winding, but unfortunately no one has applied it yet.
There are generally two types of domestic enterprises in the blockchain process. One is winding first, then smearing. Another is to apply first, then chain. At least for the time being, the former category is as visible as a beautiful castle in the air, but can't be obtained (as shown below, it is an ecological or ecological painting), while the latter category is as persistent as a tortoise in the tortoise-rabbit race.
At this point, it is obvious that the future of hash belongs to the latter. Although Hash will make great efforts in the future, it has explored an up/down channel of asset chain through the Hash world, done a lot of work in legal support and offline operation, and then extended the up/down technology to many other asset fields. I have to say that Hash is doing things step by step, not just PPT.
Second, the important "entangled assets"
As mentioned earlier, "Hash World" is the most important entangled asset of "Hash Future". So, what is a "hash world" asset? What about the future of Hash World?
Hash World is the most important virtual asset of Hash in the future. Openness is an important experiment for hashing to run through uplink/cross-chain channels in the future. After the "Hash World" experiment is successful, Hash will need to expand many physical asset types into the uplink/cross-chain layout of Hash in the future. This kind of physical assets include jewelry, jade, Chinese painting, overseas land and so on.
Then, the following is a question that everyone is very concerned about-is the virtual assets of hash places valuable in the "hash world"? Value geometry? What about the future?
The initial virtual assets mainly refer to game coins, online game accounts, equipment and so on. These virtual assets are based on transactions between games and players.
Nowadays, virtual assets mainly refer to BTC, and the more accurate name is encrypted digital assets. In the past ten years, BTC has achieved a market value of over 900 billion by relying on its strong knowledge in POW, miners' maintenance and community building.
Then, will the chop suey land in chop suey world have the same glory in the future? Hash land is a virtual asset officially traded by HSC based on Ethereum ERC-72 1 technology.
Hash Land is different from other digital games based on ERC-72 1, such as CryptoKitties. Hash world has cash flow, expected income, game attributes, winding and cross-chain technology, application prospects and trading market. Hash land's future application prospects-such as advertising investment, online and offline interconnection, etc. If you want to draw PPT, you can also write another piece of paper, which is omitted in this article. These characteristics of hash land are consistent with the basic attributes of assets in investment science.
Then, as an asset, how to value hash land? Blockchain assets are not suitable for traditional CAPM (capital asset pricing model), PE/PB valuation in securities market, corporate cash flow, etc. Blockchain is a system of production relations, and it is more suitable to use the macro-economic model of "Fisher Model" to calculate the supply, circulation, price and total transaction volume of various assets/commodities of token for valuation.
The expression of Fisher Model is MV = PQ.
M: the average money supply of an economy (in digital currency, it stands for token supply);
V: the circulation speed of money (or tokens);
P: the price of currency (or token);
Q: The total transaction volume of various assets/commodities.
Then, P= MV/Q
Under the assumption of unified knowledge (that is, the free exchange between hashed land and HSC, and the free exchange between HSC and various assets/commodities), the valuation of hashed land assets = the market value of HSC = the value of all applications based on HSC. The total number of known HSCs is 50 billion, and hash land is 4000. What is unknown is the future circulation speed of HSC and the future number of assets/commodities of hash. Let's introduce variables to calculate the value of hash land.
Third, talk about "those things"
Whether the asset type is physical, virtual or digital, it has nothing to do with the value of the asset, even HSC. Whether it is an asset or not and whether it is valuable is only related to the * * * knowledge formed by the asset. In the history of human civilization, shells, stones, colored glasses, gold and so on. All of them have been regarded as universal equivalent assets in circulation, and there are many other projects as assets. Among these assets, there is still gold, and BTC has a tendency to replace it.
In the transformation of blockchain production relations, production relations will truly become the primary productive force. Which chain gathers more resources, the greater the knowledge it forms. After the hash world is created in the future, it is necessary to expand the knowledge of * * * as much as possible based on the hash world to cover all kinds of assets/commodities. Wait until the trees are towering, wait until the hair is waist-high, and then look at Hash's future and say, "Hello future, this is my world."