The value of dark network bitcoin
Publish: 2021-05-04 00:04:34
1.
"Gold and silver are not money naturally, but money is gold and silver naturally." this is a sentence Marx said about money
How to understand? In fact, it is very simple that money is the inevitable proct of the development of human life. In the earliest stage, gold and silver were only used as a kind of metal or a kind of ordinary commodity to exchange things. However, with the development of society, people find that gold and silver are easy to separate, easy to preserve, easy to carry and other advantages, so the suitability of gold and silver as currency is reflected, and naturally evolved into currencyWhat about bitcoin
2.
The original intention of Nakamoto's design of bitcoin is to build a point-to-point trading network that is decentralized, transaction information can not be tampered with, and the total amount of money is constant, so as to solve the problems of excessive issuance of legal currency and inflation
this is the value of bitcoin's initial design, to keep the purchasing power of money
But later, the development of bitcoin went against Nakamoto's idea. In the past nine years, the price of bitcoin soared by millions of times, creating countless myths of sudden wealth and driving another instry miningthe value of bitcoin has become a tool for "sudden wealth". More and more people join the bitcoin network, hoping to achieve financial freedom. Digital cryptocurrencies such as bitcoin have become investment procts, like diamonds or gold
by purchasing bitcoin, people can achieve the purpose of wealth appreciation and asset preservation in many troubled areas. At the same time, many people make use of the fluctuation of bitcoin price to speculate, such as moving bricks, making bands and so on
another important value of bitcoin can not be ignored is blockchain, the underlying technology of bitcoin. Because of the popularity of bitcoin, many companies and indivials begin to pay attention to blockchain, and constantly try to use blockchain technology to change the existing business and create new value. It is with the help of bitcoin that blockchain has achieved such rapid development
bitcoin is also a great social experiment for all mankind, which promotes the reform of the financial instry and gives many original things a new perspective
3. In essence, bitcoin is just a piece of computer software. For most people, it's just a pile of code that they can't understand. It's almost impossible to see its value
the most familiar and easy to understand is Bill Gates and his Microsoft Windows operating system. Windows has entered into thousands of households and instries. People have improved proctivity and created great value through this computer program. As a result, Microsoft even once became the company with the highest market value in the world
What about bitcoin, also a software with high "value"“ In fact, many people want to know what kind of value bitcoin brings to people and things, thus supporting the consensus on bitcoin and steadily boosting its market value to more than 1 trillion< Miners and other participants in mining ecology
to put it simply, bitcoin mining machine is a machine that keeps making profits for miners. It can lay eggs like a chicken and proce value, and even go to the road of ten billion rich. This is the value of bitcoin for miners, mining airport operators, mining pools (service providers) and other people who participate in the upstream and downstream of mining ecology. Miners are the most important participants for bitcoin, and for miners, the miner that can proce bitcoin is a "hen" that can lay golden eggs. Although the journey of mining is not as simple as expected, and it's really a bit like opening a "chicken farm", which needs to provide all kinds of suitable environment, maintenance and "food" (energy) transportation to successfully proce "golden eggs" for profit, the miners are attracted by the benefit distribution mechanism of bitcoin, and new miners are constantly joining in
2. User
the full name of bitcoin system is a peer-to-peer e-cash system, so for users, it can be used to initiate transfer transactions. So why use it to transfer money? To put it bluntly, it means saving time, effort and money. Bitcoin does not need to transit through banks, third-party payment companies and so on to reach the other party's account directly, which eliminates the processing time, operation manpower and fees of third-party institutions. The fees collected by banks and other financial institutions through financial services can show how huge the fees are. In fact, many people don't understand the concept of the third-party guarantee agency very well. Most of the time, we transfer money for free, because in the credit society, small amount transfer is completed through the credit line between different financial institutions, which is not a real transfer
3. Savers and speculators
because bitcoin has value in use, and has many high-quality characteristics, especially like gold, and some of its characteristics are better than gold. It also has the function of "partial" risk aversion and value saving like gold, so it is graally regarded as gold, an international hard currency, and began to be hoarded by many people
4. People in poor and backward or "turbulent" areas
e to the low transfer cost and short time required by bitcoin. In many poor and backward countries, there is no need to build expensive network infrastructure to transfer money through encrypted network. Bitcoin's infrastructure is built by miners all over the world, which does not need the burden of poor countries' governments. There is no intermediate cost for payment and payment of salaries, which can save a lot of money< There are many such corners in the world, which are remote but rich in mineral resources or natural resources such as water conservancy and wind power. For example, there are many coal mines in some areas, but e to the high transportation cost, they can not be transported out. At the same time, e to the lack of people, the power generated by thermal power, hydropower stations and wind farms built in these areas is very surplus, and the economy of these areas is often relatively backward. At this time, they need and welcome miners to settle in. Miners not only bring a lot of jobs, but also convert the local surplus energy into power resources, and then generate a lot of income through bitcoin mining. This is actually equivalent to storing the energy value that might have been surplus and wasted through bitcoin network, and then paying the local government and people through electricity charges, Drive the local economy<
the Xueshuo innovation blockchain Technology Workstation of Lianqiao ecation online is the only approved "blockchain Technology Specialty" pilot workstation of "smart learning workshop 2020 Xueshuo innovation workstation" launched by the school planning, construction and development center of the Ministry of ecation of China. Based on providing diversified growth paths for students, the professional station promotes the reform of the training mode of the combination of professional degree research, proction, learning and research, and constructs the applied and compound talent training system.
the most familiar and easy to understand is Bill Gates and his Microsoft Windows operating system. Windows has entered into thousands of households and instries. People have improved proctivity and created great value through this computer program. As a result, Microsoft even once became the company with the highest market value in the world
What about bitcoin, also a software with high "value"“ In fact, many people want to know what kind of value bitcoin brings to people and things, thus supporting the consensus on bitcoin and steadily boosting its market value to more than 1 trillion< Miners and other participants in mining ecology
to put it simply, bitcoin mining machine is a machine that keeps making profits for miners. It can lay eggs like a chicken and proce value, and even go to the road of ten billion rich. This is the value of bitcoin for miners, mining airport operators, mining pools (service providers) and other people who participate in the upstream and downstream of mining ecology. Miners are the most important participants for bitcoin, and for miners, the miner that can proce bitcoin is a "hen" that can lay golden eggs. Although the journey of mining is not as simple as expected, and it's really a bit like opening a "chicken farm", which needs to provide all kinds of suitable environment, maintenance and "food" (energy) transportation to successfully proce "golden eggs" for profit, the miners are attracted by the benefit distribution mechanism of bitcoin, and new miners are constantly joining in
2. User
the full name of bitcoin system is a peer-to-peer e-cash system, so for users, it can be used to initiate transfer transactions. So why use it to transfer money? To put it bluntly, it means saving time, effort and money. Bitcoin does not need to transit through banks, third-party payment companies and so on to reach the other party's account directly, which eliminates the processing time, operation manpower and fees of third-party institutions. The fees collected by banks and other financial institutions through financial services can show how huge the fees are. In fact, many people don't understand the concept of the third-party guarantee agency very well. Most of the time, we transfer money for free, because in the credit society, small amount transfer is completed through the credit line between different financial institutions, which is not a real transfer
3. Savers and speculators
because bitcoin has value in use, and has many high-quality characteristics, especially like gold, and some of its characteristics are better than gold. It also has the function of "partial" risk aversion and value saving like gold, so it is graally regarded as gold, an international hard currency, and began to be hoarded by many people
4. People in poor and backward or "turbulent" areas
e to the low transfer cost and short time required by bitcoin. In many poor and backward countries, there is no need to build expensive network infrastructure to transfer money through encrypted network. Bitcoin's infrastructure is built by miners all over the world, which does not need the burden of poor countries' governments. There is no intermediate cost for payment and payment of salaries, which can save a lot of money< There are many such corners in the world, which are remote but rich in mineral resources or natural resources such as water conservancy and wind power. For example, there are many coal mines in some areas, but e to the high transportation cost, they can not be transported out. At the same time, e to the lack of people, the power generated by thermal power, hydropower stations and wind farms built in these areas is very surplus, and the economy of these areas is often relatively backward. At this time, they need and welcome miners to settle in. Miners not only bring a lot of jobs, but also convert the local surplus energy into power resources, and then generate a lot of income through bitcoin mining. This is actually equivalent to storing the energy value that might have been surplus and wasted through bitcoin network, and then paying the local government and people through electricity charges, Drive the local economy<
the Xueshuo innovation blockchain Technology Workstation of Lianqiao ecation online is the only approved "blockchain Technology Specialty" pilot workstation of "smart learning workshop 2020 Xueshuo innovation workstation" launched by the school planning, construction and development center of the Ministry of ecation of China. Based on providing diversified growth paths for students, the professional station promotes the reform of the training mode of the combination of professional degree research, proction, learning and research, and constructs the applied and compound talent training system.
4. Mining and medicine are almost the same, depending on your fwq status
a single new server has the advantage of collecting herbs, which consumes a lot of water for reclaiming wasteland, and the inscriptions also use herbs
a single new server has the advantage of collecting herbs, which consumes a lot of water for reclaiming wasteland, and the inscriptions also use herbs
5. In view of the above problems, there are three points worth pondering: first, why can't Chinese enterprises carry out the rule of law as effectively as foreign enterprises? Second, why do Chinese enterprises have to learn the rule of law like foreign enterprises? Third, is the success or failure of an enterprise important in theory or effect? If an enterprise boss blindly learns to imitate other people's enterprise management mode and ignores the enterprise's own growth environment, then your enterprise management will go into the wrong area
Why do small enterprises need law and large enterprises need law? Because enterprises need high human cost to improve, supervise and implement the management system. And the department work of small enterprises is not saturated, so the management can not proce benefits, so the boss is unable to support the human cost. If there are too many managers in an enterprise, not only the boss will not make money, but also the enterprise will be in debt. Basically, because the management has the final say, the rule of law management is not effective. For example, foreign employees can leave work without asking about the company. Is Chinese enterprises OK? A lot of boss's private affairs have become employees' work. After work in the evening, maybe the boss will call you back to work overtime. Can the staff not go? Can the boss stop calling? No, because the enterprise is too small, there are too many things, and it's too urgent. The boss is busy, but who doesn't he call you? This is China's national conditions. Foreign employees can shut down after work. Chinese employees can try to shut down. Maybe they will ask you to pack and leave the next day. Therefore, Chinese enterprises should not blindly learn from foreign enterprise management mode, because you are in China, not in foreign countries
Why do small businesses need to be governed by people? Because most small business owners can't afford to pay high wages, most of the talents they recruit are employees who are attracted by their own human relations. People help the boss to work regardless of pay for their emotional relationship. If the boss controls everything and doesn't trust the employees, who else will want to work with you. Therefore, the success of small businesses basically depends on the boss's personality charm in the leaders and influence people, rather than on the system in the managers. Although this kind of management method is unscientific, it is efficient. As a start-up enterprise, the effect is more important than the truth, so the little boss must not superstition what too deep enterprise management, suitable is the best
Why do large enterprises need the rule of law? Because the enterprise is big, there are many people, the boss's personal ability is limited, his language and behavior influence is also limited. If the enterprise does not have an effective management mechanism, then many important documents or important decisions of the enterprise can not be effectively implemented or communicated. There will be a big difference between what the employees do and what the boss thinks. So large enterprises need the rule of law. In addition, the advantage of the rule of law is to solve the unfair phenomenon of enterprises. Let employees compete and grow in a fair, just, open, reasonable and legal market environment. We have the responsibility to bear together, the fault to punish together, the goal to struggle together, the achievement to share together
the problem with most enterprises in China is that the boss does not know under what circumstances the enterprise should be governed by man and under what circumstances the enterprise should be governed by law. Because the development of Chinese enterprises is basically a process from the rule of man to the rule of law. Too early or too late rule of law will be detrimental to the development of enterprises. Therefore, too many enterprises in China either go bankrupt under the rule of man or disappear under the rule of law. Because the rule of man is too loose and the rule of law is too strict and cautious, enterprises often die as soon as they are in charge and mess as soon as they are released. The boss does not know whether the rule of law is good or the rule of man is good. More people lose prestige, less people lose cohesion. If you rule by law too early, you will be alone; If you rule by man too late, you will lose power. Therefore, it is a difficult process for an enterprise to change from rule by man to rule by law. First, the awareness of the boss, second, the determination of the boss, third, the courage of the boss, and at the same time, the opportunity should be grasped. Only in this way can the enterprise effectively transition from the rule of man to the rule of law, so as to make the enterprise develop healthily!
Why do small enterprises need law and large enterprises need law? Because enterprises need high human cost to improve, supervise and implement the management system. And the department work of small enterprises is not saturated, so the management can not proce benefits, so the boss is unable to support the human cost. If there are too many managers in an enterprise, not only the boss will not make money, but also the enterprise will be in debt. Basically, because the management has the final say, the rule of law management is not effective. For example, foreign employees can leave work without asking about the company. Is Chinese enterprises OK? A lot of boss's private affairs have become employees' work. After work in the evening, maybe the boss will call you back to work overtime. Can the staff not go? Can the boss stop calling? No, because the enterprise is too small, there are too many things, and it's too urgent. The boss is busy, but who doesn't he call you? This is China's national conditions. Foreign employees can shut down after work. Chinese employees can try to shut down. Maybe they will ask you to pack and leave the next day. Therefore, Chinese enterprises should not blindly learn from foreign enterprise management mode, because you are in China, not in foreign countries
Why do small businesses need to be governed by people? Because most small business owners can't afford to pay high wages, most of the talents they recruit are employees who are attracted by their own human relations. People help the boss to work regardless of pay for their emotional relationship. If the boss controls everything and doesn't trust the employees, who else will want to work with you. Therefore, the success of small businesses basically depends on the boss's personality charm in the leaders and influence people, rather than on the system in the managers. Although this kind of management method is unscientific, it is efficient. As a start-up enterprise, the effect is more important than the truth, so the little boss must not superstition what too deep enterprise management, suitable is the best
Why do large enterprises need the rule of law? Because the enterprise is big, there are many people, the boss's personal ability is limited, his language and behavior influence is also limited. If the enterprise does not have an effective management mechanism, then many important documents or important decisions of the enterprise can not be effectively implemented or communicated. There will be a big difference between what the employees do and what the boss thinks. So large enterprises need the rule of law. In addition, the advantage of the rule of law is to solve the unfair phenomenon of enterprises. Let employees compete and grow in a fair, just, open, reasonable and legal market environment. We have the responsibility to bear together, the fault to punish together, the goal to struggle together, the achievement to share together
the problem with most enterprises in China is that the boss does not know under what circumstances the enterprise should be governed by man and under what circumstances the enterprise should be governed by law. Because the development of Chinese enterprises is basically a process from the rule of man to the rule of law. Too early or too late rule of law will be detrimental to the development of enterprises. Therefore, too many enterprises in China either go bankrupt under the rule of man or disappear under the rule of law. Because the rule of man is too loose and the rule of law is too strict and cautious, enterprises often die as soon as they are in charge and mess as soon as they are released. The boss does not know whether the rule of law is good or the rule of man is good. More people lose prestige, less people lose cohesion. If you rule by law too early, you will be alone; If you rule by man too late, you will lose power. Therefore, it is a difficult process for an enterprise to change from rule by man to rule by law. First, the awareness of the boss, second, the determination of the boss, third, the courage of the boss, and at the same time, the opportunity should be grasped. Only in this way can the enterprise effectively transition from the rule of man to the rule of law, so as to make the enterprise develop healthily!
6. Tianlong spirit, set three functions in one, automatic planting, automatic play strange, automatic business. Fully adapt to any window, use the process can be moved to adjust the size of the window
Tianlong genie is a script program made by key Genie 8. X
[function description]
Tianlong spirit, automatic planting, automatic strange fighting, automatic business running
[instructions for use]
for detailed setting instructions and version update download, please see
auto mining start key Ctrl + Shift + home
note that it is better to keep a window size when starting this script
changing the window size will change the acquisition point
upload and download 6 minutes ago (25.14 KB)
collection settings
after the start of mining and mining
after the start of mining, only mining is needed
after the start-up of mining, only mining without mining
F10 stealth
No, not used
you need to put the stealth skill in the F10 column. After you find the collection, you will hide first and then collect it
F9 plus red
No, not used
Qingxin is suitable for the Qingxin and Chongxu of Emei
red medicine is suitable for medicine and symbiosis
Red percentage%
according to the percentage of blood strips, if it is lower than this value, red will be added< No, do not use it
red medicine is suitable for adding blue medicine
percentage of adding Blue%
according to the proportion of blue bars, if it is lower than this value, add blue
Q fishing coordinate points are separated
enter the coordinates that can be fished on the current collection map, and when the collection has no energy, it will automatically go fishing to hang energy< The first time you start the automatic mining system, a window will appear, as shown in the figure:
upload and download 15 hours ago (4.47 KB)
after you confirm, the big map will be opened automatically. At this time, you can right-click 20 acquisition points on the map in order. Click the script of 20 collection points to start the collection
when you start again, the following window will appear. You can choose whether to relocate. If it is in the same map, the same window size can keep the original acquisition point
upload and download 15 hours ago (5.05 KB)
Tianlong genie is a script program made by key Genie 8. X
[function description]
Tianlong spirit, automatic planting, automatic strange fighting, automatic business running
[instructions for use]
for detailed setting instructions and version update download, please see
auto mining start key Ctrl + Shift + home
note that it is better to keep a window size when starting this script
changing the window size will change the acquisition point
upload and download 6 minutes ago (25.14 KB)
collection settings
after the start of mining and mining
after the start of mining, only mining is needed
after the start-up of mining, only mining without mining
F10 stealth
No, not used
you need to put the stealth skill in the F10 column. After you find the collection, you will hide first and then collect it
F9 plus red
No, not used
Qingxin is suitable for the Qingxin and Chongxu of Emei
red medicine is suitable for medicine and symbiosis
Red percentage%
according to the percentage of blood strips, if it is lower than this value, red will be added< No, do not use it
red medicine is suitable for adding blue medicine
percentage of adding Blue%
according to the proportion of blue bars, if it is lower than this value, add blue
Q fishing coordinate points are separated
enter the coordinates that can be fished on the current collection map, and when the collection has no energy, it will automatically go fishing to hang energy< The first time you start the automatic mining system, a window will appear, as shown in the figure:
upload and download 15 hours ago (4.47 KB)
after you confirm, the big map will be opened automatically. At this time, you can right-click 20 acquisition points on the map in order. Click the script of 20 collection points to start the collection
when you start again, the following window will appear. You can choose whether to relocate. If it is in the same map, the same window size can keep the original acquisition point
upload and download 15 hours ago (5.05 KB)
7. Blockchain is the underlying technology, and right is the concept of application layer. Blockchain right usually means building applications in various scenarios in the right field based on blockchain technology
What are the application scenarios in the right field? Generally speaking, the application links are: confirmation of rights; Rights protection and utilization
right confirmation: the blockchain will generate a fixed length and unique string based on the hash algorithm, and store it in the network distributed ledger maintained by all of us, so as to achieve tamperable ownership records and statements
rights protection: it is generally based on artificial intelligence technology, such as intelligent crawler and eigenvalue ratio. Docking with the blockchain is to solidify the electronic evidence after discovering the infringement, which is equivalent to making electronic evidence based on the blockchain technology
Rights: this part is more interesting. On the one hand, the conventional sense of right transfer and trading corresponds to the existing exchanges and right trading centers. Based on blockchain technology, integrate online and offline resources, record some electronic contracts and flow information, and facilitate the implementation of functions such as traceability and anti-counterfeiting; On the other hand, after the advent of the digital era, a large number of digital right micro works and interest chain are redefined and divided. Based on the blockchain technology, point-to-point disintermediation of right authorization and transaction, to build a new ecology
in addition, there are more scenarios such as right derivation and IP incubation. Based on the trusted network of blockchain, a new right market ecology and mode will be built, and many scenarios need to be developed and implemented. Many companies in the instry are trying and exploring, such as Xiaoxi intelligent
What are the application scenarios in the right field? Generally speaking, the application links are: confirmation of rights; Rights protection and utilization
right confirmation: the blockchain will generate a fixed length and unique string based on the hash algorithm, and store it in the network distributed ledger maintained by all of us, so as to achieve tamperable ownership records and statements
rights protection: it is generally based on artificial intelligence technology, such as intelligent crawler and eigenvalue ratio. Docking with the blockchain is to solidify the electronic evidence after discovering the infringement, which is equivalent to making electronic evidence based on the blockchain technology
Rights: this part is more interesting. On the one hand, the conventional sense of right transfer and trading corresponds to the existing exchanges and right trading centers. Based on blockchain technology, integrate online and offline resources, record some electronic contracts and flow information, and facilitate the implementation of functions such as traceability and anti-counterfeiting; On the other hand, after the advent of the digital era, a large number of digital right micro works and interest chain are redefined and divided. Based on the blockchain technology, point-to-point disintermediation of right authorization and transaction, to build a new ecology
in addition, there are more scenarios such as right derivation and IP incubation. Based on the trusted network of blockchain, a new right market ecology and mode will be built, and many scenarios need to be developed and implemented. Many companies in the instry are trying and exploring, such as Xiaoxi intelligent
8. Qube exchange answers for you:
the problem of legal currency is that when the financial crisis occurs, the legal currency depreciates and the social wealth shrinks. When the old legal currency collapses, people will rush to bitcoin and take bitcoin as a new haven for assets - "the 21st century version of gold", so Nakamoto and these people realize this through technical means
first, to be a digital currency, we must have a digital account book. But if the database is in the hands of Zhongben Cong, it is easy to be tampered with. He thinks that everyone can participate in bookkeeping and obtain the account book. This is a very important distributed account book in the blockchain, and anyone can download this account book. In this way, the account book is not in one person's hands, ensuring its security and feasibility.
Second, even if the account book is not in the same person's hands, "it's very easy to modify it". Why can bitcoin be permanent, irreversible, open and transparent? It's reasonable that all blockchain based applications can do this, but at present only bitcoin can. There are four reasons:
1
because bitcoin is a record based on time stream, time can not be reversed, so bitcoin transaction record is irreversible. At the same time, bitcoin is a double entry ledger, and the hash value of the last ten minutes' transaction record is recorded in the next ten minutes' block. Therefore, the modification of any previous transaction record will lead to the change of all subsequent transaction records, so as to ensure its traceability. Secondly, every transaction is made public on the whole network. Everyone can see "a 100 bitcoin transaction from address a to address B" and verify that there is no repeated payment for this transaction. Only legitimate transactions can be included in the block, and then all people can view it again. Therefore, the whole network is open and transparent
2. computing power is decentralized and huge
in the first place, Nakamoto g his own mine for one year. In the next seven years, tens of millions of miners all over the world participated in the process of mining. Therefore, if you want to modify the transaction records, only 51% of the computing power of the whole network can be achieved, which is almost impossible
3. Transaction record storage is decentralized
a block is generated every ten minutes, and the bookkeeping right may be snatched by people anywhere in the world. Bitcoin calculates a value through the algorithm, which is the number of hash collisions. If the "value" is calculated, it will be given the bookkeeping right to obtain bitcoin. There is a consensus that whoever calculates the value first will be charged, Avoiding the right to keep accounts is always in the hands of one person. This is called mining, so transaction records may be stored around the world, rather than a central organization, such as Alipay.
4. Decentralization of rule making
anyone can propose the modification or change of bitcoin protocol and write the corresponding code, but whether it is adopted or not depends on whether it can have more than 51% of the computing power of the whole network
the above four points ensure that bitcoin is permanent, irreversible and transparent to the whole network.
the problem of legal currency is that when the financial crisis occurs, the legal currency depreciates and the social wealth shrinks. When the old legal currency collapses, people will rush to bitcoin and take bitcoin as a new haven for assets - "the 21st century version of gold", so Nakamoto and these people realize this through technical means
first, to be a digital currency, we must have a digital account book. But if the database is in the hands of Zhongben Cong, it is easy to be tampered with. He thinks that everyone can participate in bookkeeping and obtain the account book. This is a very important distributed account book in the blockchain, and anyone can download this account book. In this way, the account book is not in one person's hands, ensuring its security and feasibility.
Second, even if the account book is not in the same person's hands, "it's very easy to modify it". Why can bitcoin be permanent, irreversible, open and transparent? It's reasonable that all blockchain based applications can do this, but at present only bitcoin can. There are four reasons:
1
because bitcoin is a record based on time stream, time can not be reversed, so bitcoin transaction record is irreversible. At the same time, bitcoin is a double entry ledger, and the hash value of the last ten minutes' transaction record is recorded in the next ten minutes' block. Therefore, the modification of any previous transaction record will lead to the change of all subsequent transaction records, so as to ensure its traceability. Secondly, every transaction is made public on the whole network. Everyone can see "a 100 bitcoin transaction from address a to address B" and verify that there is no repeated payment for this transaction. Only legitimate transactions can be included in the block, and then all people can view it again. Therefore, the whole network is open and transparent
2. computing power is decentralized and huge
in the first place, Nakamoto g his own mine for one year. In the next seven years, tens of millions of miners all over the world participated in the process of mining. Therefore, if you want to modify the transaction records, only 51% of the computing power of the whole network can be achieved, which is almost impossible
3. Transaction record storage is decentralized
a block is generated every ten minutes, and the bookkeeping right may be snatched by people anywhere in the world. Bitcoin calculates a value through the algorithm, which is the number of hash collisions. If the "value" is calculated, it will be given the bookkeeping right to obtain bitcoin. There is a consensus that whoever calculates the value first will be charged, Avoiding the right to keep accounts is always in the hands of one person. This is called mining, so transaction records may be stored around the world, rather than a central organization, such as Alipay.
4. Decentralization of rule making
anyone can propose the modification or change of bitcoin protocol and write the corresponding code, but whether it is adopted or not depends on whether it can have more than 51% of the computing power of the whole network
the above four points ensure that bitcoin is permanent, irreversible and transparent to the whole network.
9.
Among thousands of virtual currencies, bitcoin is undoubtedly the most fascinating one, because it is the most valuable< although the market value of bitcoin is very unstable this year, it always soars again when it is at a low point, breaking the $40000 mark at one time. It's obviously crazy. Many people are shocked by the hype of a virtual currency to $40000, and some people who don't know about it even think it's impossible. Even though bitcoin has been fried to $40000, it is worth it. It has many advantages, such as high security and strong circulation, which makes people crazy let's talk about my views on this issue
First, the quantity is small; Rare things are precious;, When there is a small amount of anything, the value is high. Some people who don't know about bitcoin think that virtual currency is made by computer coding several codes, but this is not the case. Bitcoin is g out by a specific mining machine, and the probability of digging out bitcoin is very small. In the process of digging is accompanied by high consumption, the loss of computer accessories and power consumption is very huge. So it's not for no reason that bitcoin is so valuable
the above only represent personal views. If you have different views, please leave a message in the comment area for discussion
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