What does bitcoin buy price mean
in June 2013, 796 exchange took the lead in developing the bitcoin weekly delivery standard Futures - t + 0 two-way trading virtual commodity barter contract (contract trading) in the bitcoin instry
the emergence of contract trading ended the previous history that bitcoin could not be short, and opened the prelude to the development and prosperity of bitcoin derivatives market
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Bit / S is the unit of information transmission rate. Symbol transmission rate is also called molation rate, waveform rate or symbol rate. A symbol does not necessarily correspond to a bit
symbol:
in digital communication, symbols with the same time interval are often used to represent a binary number. The signal in such time interval is called binary symbol, and this interval is called symbol length
symbol
is a sinusoidal carrier [its length is the symbol length] used to represent a certain phase or amplitude value of a digital code type [different bits correspond to different keying molation modes]
symbol rate is the conversion rate of carrier signal parameters (such as phase), which is actually the change rate of carrier state. The higher the symbol rate is, the higher the transmission rate of the response is. However, the higher the spectrum component in the signal is, the wider the bandwidth is occupied
baud rate
is the molation rate or symbol rate, which refers to the baud number per unit time after the signal is molated, that is, the number of carrier parameter changes (phase or amplitude) per unit time. It is a measure of signal transmission rate, usually in "baud per second" (BPS)
extended materials:
the concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's ideas, the open source software and the P2P network on it were designed and released
bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system
unlike most currencies, bitcoin does not rely on specific currency institutions. It is generated by a large number of calculations based on specific algorithms. Bitcoin economy uses the 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 feature and algorithm of P2P can ensure that it is impossible to artificially control the value of bitcoin by mass manufacturing. The design based on cryptography can make bitcoin only be transferred or paid by the real owner
This also ensures the anonymity of money ownership and circulation transactions. The biggest difference between bitcoin and other virtual currencies is that the total amount of bitcoin is very limited and it has a strong scarcity. The monetary system used to have no more than 10.5 million in four years, after which the total number will be permanently limited to 21 millionbitcoin can be cashed and converted into the currency of most countries. Users can use bitcoin to buy some virtual items, such as clothes, hats and equipment in online games. As long as someone accepts it, they can also use bitcoin to buy real-life items
on February 26, 2014, Joe Manchin, a Democratic senator from West Virginia, issued an open letter to a number of regulatory authorities of the US federal government, hoping that the relevant authorities would pay attention to the status quo of bitcoin's encouraging illegal activities and disrupting the financial order, and demanded that actions be taken as soon as possible to completely ban the electronic currency
from 12:00 noon on January 24, 2017, China's three major bitcoin platforms officially began to collect transaction fees
banknotes will definitely disappear in the future, which is a big trend . From the current situation, we use mobile payment most in our life, and rarely use paper money payment. From my personal situation, I haven't used paper money to pay several times in a year. This situation is not only for me, but also for most people. Compared with paper money payment, electronic payment does have many advantages. Nowadays, fewer and fewer people use paper money. Especially among young people, most of them are used to this kind of e-payment, but the older people don't play e-payment very much. Their habit is to pay with paper money, which is difficult to change for a while. But judging from the post-80s, post-90s and post-2000s, most people will use electronic payment. In the future, paper money is bound to disappear, and it will be replaced by other procts, such as digital currency{ RRRRR}
