MonteCarloHash entertainment blockchain quiz has been popular all over the network recently. The reason why this game is favored by players is that it is also highly economic. While it brings challenges to us, this Hash quiz can also obtain very good economic benefits to some extent, which also urges more and more players to participate.
The MonteCarlo platform takes the Hash quiz product as the starting point, layout the whole quiz industry, and also completely subverts people's understanding of traditional quiz and better understanding of the quiz introduced into blockchain. It is not only very mature in technology, but also gives the quiz innovation, and the metaverse quiz interaction in the later period is also extremely large, so it has also attracted a large number of customers.
With the popularity of the Internet and the growth of smartphone users, some online platforms that provide quiz services have sprung up, creating a "Internet plus+quiz" model. At the same time, it also exposed the drawbacks of the industry under this new model. A contest was centralized by the organizer, resulting in opacity and distrust.
How to balance the interests of the participants has become a major pain point in this industry. MonteCarlo, as the blockchain quiz service platform launched by SBM, a sports entertainment company in Monaco, has proposed a unique solution to this problem. Create a blockchain online quiz game platform, and let everyone participate in the quiz in a fair, just and transparent environment by diluting the relationship between sports events, quiz teams and users.
Let's introduce two parts of the MonteCarloHash algorithm:
- One is Hash algorithm.
- The other is asymmetric encryption.
First, it is decentralized. The database originally maintained by one party has become a database jointly maintained by multiple parties. Everyone writes data together through consensus, and no one can control data independently
Secondly, it allows everyone to change from separate accounts to joint bookkeeping, which brings consistency and transparency of data.
In addition, blockchain only allows data to be written, and does not allow deletion or modification, which can prevent data from being secretly tampered with. To put it simply, Hash algorithm is a special function. No matter how long the string is input, you can get a fixed length output value through this function. Just like the birth certificate, it is the only one in the world. The output value of the Hash algorithm is called the Hash value.
Hash algorithm has three characteristics
The first feature of Hash algorithm is collision resistance. The so-called collision is to input two different data and finally get the same input. Just like when we shop, the collision of pits is that most inputs can get the only output. In MonteCarlo's Hash quiz, the address of any transaction or account is completely generated by the Hash algorithm. This also ensures the uniqueness of the transaction or account address in the MonteCarlo network.
The second feature is that it is unidirectional. For example, if you input a string of data, you can get a Hash value through the Hash algorithm, but there is no way to invert the Hash value to get the input data string. This is unidirectional. Based on this, MonteCarlo effectively protects the security of our information.
The third feature of Hash algorithm is its tamper resistance. For any input, even a small change, the hash value will change greatly. This feature plays a key role in the connection between blocks. Each block of the blockchain is marked by the hash value of the previous block. Unless someone can crack all the Hash values on the whole chain, once the data is recorded on the chain, it is impossible to tamper with it.
Three definitions to judge whether a hash algorithm is good or bad:
Monotonicity: Monotonicity refers to adding a new buffer to the system if some content has been hashed to the corresponding buffer. The result of Hash should ensure that the originally allocated content can be mapped to the original or new buffer, but not to other buffers in the old buffer set.
Balance: Balance means that you can distribute Hash results to all buffers as much as possible, so that all buffer spaces can be used.
Load: From another perspective, the load problem is actually a decentralized problem. Because different terminals may map the same content to different buffers, different users may also map specific buffers to different content. Like decentralization, this situation should be avoided, so a good hash algorithm should minimize the buffer load.
While MonteCarlo meets all the above three definitions, MonteCarlo, which is currently in its early stage, may be an easy opportunity to gain revenue in the digital currency market in the past six months. The user's operational space is huge, so please do not hesitate. The opportunity is always reserved for the daredevils.