Is bitcoin still valuable after segmentation

1. The general idea of "fragmentation" is to change each block in the blockchain network into a sub blockchain, in which several (currently 100) collations (which can be called "check blocks", in order to distinguish them from the concept of blocks in the scenario of fragmentation) packed with transaction data can be accommodated, and these collations finally form a block on the main chain; Because these collations exist as blocks as a whole, their data must be packaged and generated by a specific miner, which is essentially the same as the blocks in the existing protocol, so there is no need to add additional network confirmation. In this way, the trading capacity of each block will be expanded about 100 times; And this kind of design is also concive to future expansion. At present, the whole expansion plan is roughly divided into four stages; This article only introces the implementation details of the first phase. Transferred from Jianshu. Currency exchange of digital currency

2. There is also suspicion in this respect, but it is not absolute.

3. First of all, I always feel confused that the acquisition of original bitcoin does not depend on labor or value exchange, but on computer power consumption. From the perspective of miners, the acquisition cost of bitcoin is the electricity charges
secondly, bitcoin is obtained according to some algorithm. According to my understanding, there are specific parameters. As long as the parameters are changed, there will be nt and NT. As long as the formula is obtained and the parameters are slightly changed, a new currency will be generated
again: who gives it value? It is said that some people used a lot of bitcoin in exchange for a hamburger at the beginning, and now it can be sold for more than 2000 US dollars. The value depends on the number of speculators, so once I have fewer people, its price will definitely come down
when we talk about the value of bitcoin, we are actually talking about the value of bitcoin. In other words, we're talking about the value of bitcoin, essentially the price of bitcoin
how to measure the price of bitcoin? To take an extreme example, if there is a bitcoin tycoon who grabs all bitcoin through his amazing IQ, how many legal coins can he exchange? I think it's probably the only way to exchange these bitcoins for a hamburger< In fact, bitcoin has no practical value. It's a kind of artificial currency
in other words, virtual currency itself does not exist, because many people believed in it and later established order. It's a community behavior, a community of cultures and developers from all over the world. It establishes order through the Internet system. In essence, bitcoin is endowed with value by a common group, because many people believe it is valuable
similarly, the value consensus of legal currency is e to the endorsement of the government and the recognition of the value of the law, that is, the group consensus gives value
therefore, bitcoin can be regarded as valuable under certain circumstances, but the groups that give it value and the government are basically two different concepts, and the risk is much greater than that of legal currency
therefore, whether there is value or not depends on different opinions. PS: indivial investors are not recommended to speculate. Prices are all controlled by big investors. If others want to go up, they will go up, and if they want to go down, they will go down. Indivial investors are all cut leeks. Don't be jealous of how much money others earn
I hope my answer will be helpful to you and help him. Thank you.

4. The first batch of bitcoin was mined in January 2009. According to blockchain.info, it took about 200 days to dig out 1 million bitcoins from the first bitcoin mining in January 2009, while the supply of 17 million bitcoins took more than 500 days. It's not hard to guess that the remaining 4 million bitcoins will not be g up in the next 122 years
17 million bitcoins will be mined in the next few days. According to the design of the founder of bitcoin, Nakamoto Tsung, the mining limit of the virtual currency is about 21 million, which means that global miners will compete for the remaining 4 million bitcoins
after breaking through the $10000 mark in early March, bitcoin fell all the way to around $6000. By the end of this day, bitcoin was close to the $10000 valuation again and had risen to $9800 in some bitcoin exchanges.

5.

This kind of virtual currency has room for appreciation. Bitcoin is a digital currency that many people in China pay attention to, but people in some remote cities don't care much about it. The lack of attention makes them miss many good investment opportunities for no reason. Who will choose bitcoin in the end? Bitcoin must become the favorite of villagers in remote mountainous areas with underdeveloped network. Why do you say that, Some people have analyzed this. Whenever bitcoin soars, there will be a lot of media coverage

But in fact, many people don't quite understand the value of bitcoin. The price of bitcoin is now tens of thousands of dollars . Of course, the price of bitcoin is always changing. If you want to know the price dynamics of bitcoin, you can go to the Internet to find out. Digital currencies like bitcoin will eventually be accepted by ignorant people. Therefore, if you don't want to be a group of people who have been cut leeks, you must understand as soon as possible. Don't blindly invest in bitcoin, and don't start to start when you see its rapid growth, We need to know more and think about it

6. Of course, it's valuable. It's actually a virtual economy
a bitcoin actually corresponds to a solution of the bitcoin program, and the solution of the program is limited, so the number of bitcoins is limited. At the beginning, the program is easy to run to generate solutions, so the price of bitcoin is low. But the later the solution is, the less difficult it is to run, so bitcoin becomes rare and precious, Therefore, its value is determined by market supply and demand and cannot be determined artificially.

7. To answer "is bitcoin valuable?", First of all, we should answer "what kind of things are valuable?", Money is valuable, but it's just a piece of paper with patterns
is a book valuable?, But it's just printing words on a stack of paper
the stock you buy on the stock exchange is valuable, but it's just a digital symbol
...
so judging whether a thing has value or not does not lie in whether it can satisfy you like rice or quench your thirst like water. The key to judging whether a thing has value or not lies in whether people recognize it or accept it
banknotes are valuable because they are accepted and you can exchange them for other things
a book is valuable because some people are willing to spend money on it. For example, "rookie can learn to manage money at a glance" costs 30 or 40 yuan, but still many people buy it
the stock you buy is valuable because when you sell it at an appropriate price, someone will buy it
has anyone recognized bitcoin? Of course, some famous companies or organizations, such as Microsoft, Dell, Starbucks, PayPal, Wiki, Firefox, Greenpeace, Eppie, Newegg and overstock, have accepted bitcoin payment. In addition, tens of thousands of businesses around the world have fully accepted bitcoin payment
it can be seen that bitcoin is recognized and accepted by a large number of people, so among these people, bitcoin is valuable. Of course, some people think it is worthless.

8. There are also some cheaters who confuse the national machine with the global machine. Isn't the world made up of a specific country? Has China's state machine started? If bitcoin is such a God, it will lead to two situations: 1. World officials vs world people; 2. Chinese people vs American people vs Japanese people; and so on