What does bitcoin C mean
The earliest is a kind of network virtual currency. It is characterized by decentralization, anonymity, and can only be used in the digital world. It does not belong to any country or financial institution, and is not subject to geographical restrictions. It can be exchanged anywhere in the world. Therefore, it is used as a money laundering tool by some criminals. In 2013, the U.S. government recognized the legal status of bitcoin, making the price of bitcoin soar
< H2 > extended information:bitcoin is e-cash similar to e-mail. Both parties need "bitcoin wallet" similar to e-mail and "bitcoin address" similar to e-mail address. Just like sending and receiving e-mail, the remitter pays bitcoin directly to the other party through a computer or smart phone according to the recipient's address
starting from the essence of bitcoin, the essence of bitcoin is actually a special solution generated by a bunch of complex algorithms. A special solution is one of the infinite (in fact, bitcoin is finite) solutions that can be obtained from the equations. Every particular solution can solve the equation and is unique
many websites for technology players have begun to accept bitcoin transactions. Websites such as mtgox and btcchina, as well as some Taobao stores, can even accept services such as bitcoin exchange for us dollars and euro. There is no doubt that bitcoin has become a real currency in circulation, rather than a virtual currency like Tencent Q coin
Fire coin is a bitcoin trading platform. As of the end of 2016, the accumulated turnover of fire coin reached 200 billion yuan
bitcoin is a virtual encrypted digital currency in the form of P2P
Bitcoin is different from all currencies. Bitcoin does not rely on a specific currency institution. It is generated by a large number of calculations based on a specific algorithm. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses the design of cryptography to ensure the security of all aspects of currency circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction
extended information:
fire coin business
1. Fire coin global station, headquartered in Singapore, provides digital asset trading and investment services
2. The digital asset trading platform based on Korean won provides digital asset trading services P>
3, China, has become a platform for information and research in vertical chain of block chain, providing regional chain technology research and application information for Chinese mainland users, and integrates services such as instry consultation, research and ecation training. p> The company is headquartered in Beijing, China, providing digital asset management services and user experience
the concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009 [1]. According to the idea of Nakamoto, the open source software is designed and released, and the P2P network on it is constructed. Bitcoin is a virtual encrypted digital currency in the form of P2P. Point to point transmission means a decentralized payment system
Ethereum is an open source public blockchain platform with smart contract function, which provides decentralized Ethereum virtual machine to process point-to-point contract through its special cryptocurrency ether (ETH)
warm tips:
1. The above information is for reference only, without any suggestions
2. According to the notice on preventing the financing risk of token issuance, there is no approved digital currency trading platform in China. According to the regulation of digital currency in China, investors have the freedom to participate in digital currency transactions at their own risk
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BTC CNY LTC means RMB transaction between bitcoin and Leyte, which supports the free exchange among bitcoin, Leyte and RMB.
P2P network (peer-to-peer, referred to as P2P), also known as peer-to-peer network, also known as peer-to-peer network. This is a kind of Internet system without central server and completely exchange information by client
the central network system with a central server can be described in the following figure:
and the P2P network can be understood in the second figure. The P2P network can be understood in the second picture
different from the central network with central server, each client in P2P network is a client node and has the function of server. An important goal of P2P network is to enable all clients to provide resources, including bandwidth, storage space and computing power. The capacity of such a network can be much larger than that of a network with a central server. In the network of central server structure, every time you add a client, it means that the data transmission speed of all users will be reced, but P2P network will not
The robustness ofP2P network is much better than that of the central server network. Because as long as there is a problem with the central server, the whole network will collapse. However, if any client of P2P network has problems, the whole network still works normally
