Future trend of BTC bitstocks
1. Enter the game and choose a place at will

dividend, a part of mining reward and transaction cost, is distributed according to the proportion of the number of bitstocks owned to the number of existing bitstocks
bitasset is a kind of asset with collateral, which is supported by bitshares with a margin ratio of 1.5 to 2 times or higher. It has all replaceable, divisible and transferable assets of bitshares and can obtain dividends. All dividends are generated by collateral and paid in the form of bitshares
margin: an asset whose value exceeds the current market value of a bit asset as a support
bitusd, a kind of asset supported by bitstocks, whose value is highly related to the value of US dollar through self imposed market feedback mechanism
bit x (bitx) - a general way to name bit assets, which is based on the self imposed market feedback mechanism and is related to the realized value of the assets associated with it (such as bitgold, bitapple, etc.)
blockchain: a global synchronous, block structured and orderly trading account
output: the balance of the trading account that is limited to how it will be used under specific conditions
transaction: matching a group of unmatched output orders with another group of unmatched output orders under the condition of meeting the output matching conditions and other block chain rules.
It's not illegal. bitcoin mining is legal in China
in the bitcoin risk notice jointly issued by the central bank and other five ministries and commissions at the end of 2013, bitcoin is clearly defined as a special Internet commodity, and people can buy and sell it freely at their own risk. But it denies the monetary nature of bitcoin. In an interview, central bank governor Zhou Xiaochuan compared bitcoin to a tradable asset like a stamp. Bitcoin home has a full report of the notice
mining is a process of consuming computing resources to process transactions, ensuring network security and keeping everyone's information synchronized in the network. It can be understood as the data center of bitcoin. The difference lies in its completely decentralized design. Miners operate all over the world, and no one can control the network. This process is called "mining" because it is similar to gold panning, because it is also a temporary mechanism for issuing new bitcoin. However, unlike gold panning, bitcoin mining provides rewards for services that ensure the safe operation of payment networks. After the last bitcoin, mining is still necessary

Bitstock X was first proposed by Daniel Larimer, Charles hoskinson and Stan Larimer in the white paper. The title of the white paper is "a point-to-point polymorphic digital asset exchange". Since then, the scope and details of the entire project have been revised. At present, bitshares X has not been launched, but it is expected to be completed in 2014
with funding from bitfund.pe (a private equity investment) in China, the project is led by Daniel Larimer of Invictus innovations. Charles hoskinson (who used to be the founder of bitcoin Ecation) was one of the co founders of the original plan, but he left the team later
bitshares X project has gained a lot of attention after the report of coindesk in August 2013 and the announcement of the project launch in bitcointalk Forum on August 22. The discussion around the original proposal yielded a lot of suggestions and good comments, although the original project scope and schele have been changed

