Exchange maintains BTC
1) wallet. It's used to store your bitcoin balance. In principle, as long as you have the private key of your own bitcoin address, you can use your own bitcoin
2) verify the transaction or payment. After receiving the transaction, the bitcoin node will use certain algorithms to verify the validity of a transaction. If you only change the balance of bitcoin in your computer, others will not recognize it. Similarly, your wallet will not recognize the transaction changed by others
3) mining. Core wallet can start mining function through a command to join the mining army, while SPV wallet usually can't (SPV is just passing by). However, it is not the node type that hinders home computer mining, but the rapid development of professional mining machines. Compared with ordinary computers, the computing power of ordinary computers is very small. Mining by ordinary computers is like digging your own backyard with a hoe, and then expecting to dig out gold
because of the demand of bitcoin users, bitcoin exchange was born. The exchange provides a place for centralized trading. People put money on the exchange, and the exchange will match and trade together, similar to stocks and securities. Therefore, banning exchanges does not mean banning bitcoin. Bitcoin network cannot be banned. Bitcoin is sent to the exchange's wallet, and all you see is a balance given to you by the exchange. In fact, you no longer have your own bitcoin. Bitcoin network is global. Where there is a network, there will be bitcoin. After the exchange closes, bitcoin will not disappear, but will return to where it should be.
bitcoin, which used to be boasted of as a miracle, has plummeted by 15% recently Strong> it has also become the largest asset bubble in human history. 276 wealthy people have fallen, and 6 billion 600 million of the money has been ashes to ashes.
since the early morning of September 25, the mainstream currencies led by BTC have dived and plummeted. Bitcoin has plummeted by 7.46% in 15 minutes. At 3:45 a.m., bitcoin has fallen to the low of $7998
some market analysts pointed out that the weakness of bitcoin was e to investors' indifference to the bitcoin futures launched on Monday by Intercontinental Exchange, the parent company of NYSE. Partly because of technology, the currency has been falling in a triangle
there is also a sell-off period, and $9000 is a support level, which will trigger a wave of sell-off when it falls below this level< br />
