Topic: How is value transferred through blockchain? (Read 115 times)

Yes, in my opinion, the blockchain builds the Internet of value, and value is embodied in the form of tokens. The process of transferring tokens is the process of transferring value. At the same time, various defi protocols capture the value, and finally these values are also stored in the token.

Looking back, let's talk about the value of blockchain in this Internet era. We know that the Internet protocol solves the problem of our information transmission. Anyone, any time, and any place can directly transmit information, but the process of information transmission is actually a process of being copied. When I sent you a message, you received a copy, and I haven't disappeared, and don't forget that the communication service provider also secretly left a copy. So there are many, many personal information being leaked.

When it comes to delivering value, the problem to be solved is that after I send the message to you, you receive it, but my copy has disappeared, and the communication service provider should not secretly copy a copy. That is to realize the only transfer of a right. To realize this transfer, the Internet protocol cannot do it. The blockchain protocol provides a solution-build a trusted data sharing system-open account book system, everyone can Through the system, the authenticity of data transmission can be checked immediately.

This is the meaning of blockchain, an efficient and low-cost value transfer method.

Bitcoin, as the first application of the blockchain, perfectly interprets the essence of value transmission on the Internet. Bitcoin is the embodiment of value and the reward for your compliance with the agreement. It is likely to become a general equivalent in the future. We look forward to it very much.

Bitcoin has also perfectly realized the value transmission across regions, times, and borders. Of course, this is an expectant process. I firmly believe that this era will come when Bitcoin completes the adult gift. Bitcoin needs to go through torrential rains, and war without gunpowder is a necessary process. This is a natural law, not a country's president can decide.

Due to the existence of POW, Bitcoin will inevitably generate value. The value of Bitcoin not only needs to be measured by the electricity and equipment required for mining, but also the opportunity cost needs to be considered. If you do other things with the funds used for mining, you will need to consider what benefits you will get, and what you have to give up for mining.

The price of the same private sale is also a kind of pricing, users will give up some other things for this token.As the price of tokens gets higher and higher, the costs consumed by users who buy in later are also getting bigger and bigger.This also realizes the "capture value" mentioned in the OP article

As I said earlier. In view of the nature and characteristics of value, Bitcoin is essentially a way value expresses. Bitcoin is building an Internet of value. Now, I will expand the scope of value to the entire crypto world and talk about how value is transferred through blockchain.

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As I mentioned, the existing blockchain network is composed of data, which can be infinitely divided and transmitted, creating a foundation for value transmission. Personally, in the encrypted world, token is the vehicle in that transmission. If a blockchain project does not have a token, then I can safely say that it has lost the carrier, the soul of the encrypted world, of value.


In the crypto world, token is one of the key factors that motivate the operation of various blockchain projects. The contribution of each sector in the encrypted world is confirmed in the form of token. Tokens, the same or not, can be exchanged and transferred between different protocols. Varied exchanges make the liquidity of token, and finally realize the transfer of value between various subjects, thus forming a huge value network.


Simply put, in facade, token refers to the tokens issued by an assortment of blockchain projects at present. By issuing token, the project party sells part of its equity to investors or giving it to potential users.  People owning the token can enjoy some equity of the project. Then the project party designs a series of mining and airdrop mechanisms, on the basis of the overall economic model, to stimulate all stakeholders to participate in the construction of the project, to build a complete ecosystem.


In the process of constructing this economy, token is a carrier that captures and bears value. In DeFi projects, a frequent expression is "capture value", which means the agreement will capture all kinds of incomes, that is, value. The owner of these incomes is the holder of the token in the project. Token has become the main body of value capturing and carrying in that value is allocated according to the amount of token. When a token transaction occurs, the value is transferred correspondingly.


Now I hope you can understand the role of Bitcoin more clearly. The Bitcoin network captures a large amount of energy through mining, which is stored in Bitcoin. Whoever owns Bitcoin owns the value stored in the Bitcoin network.


Bitcoin is a huge treasure, worthy of our lifetime to explore.