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Bitcoin random number algorithm

Publish: 2021-05-04 08:12:35
1.

bitcoin is actually an e-coin data coin proced by P2P batch software, which belongs to a network virtual asset so bitcoin is also called bitcoin. It is generated by a set of cipher codes through complex algorithms. This rule is not interfered by any person or organization. Anyone can download, run or participate in the manufacture of bitcoin. One of the biggest characteristics of bitcoin is that it cannot be forged< you can make money in the bitcoin market by investing time and money
when you spend time on websites, you can visit these websites every few minutes to get a small amount of bitcoin. Therefore, we can do this if we have time. If you want to earn more, you should invest money in the early stage. Bitcoin also has a special casino, so you can earn more by luck

2.

Every other time, the bitcoin system will generate a random code on the system node. All computers in the Internet can search for this code. Whoever finds this code will generate a block and get a bitcoin. This process is often called mining

at present, one bitcoin is divided into eight decimal places based on the current data structure, that is, 0.00000001btc. The smallest unit of bitcoin g by miners is 0.00000001btc

generally speaking, bitcoin is like a gold mountain with a total amount of 21 million gold coins. To get it, players need to use the computing power of the computer to calculate a group of numbers according to the existing algorithms

extended data:

unlike all currencies, bitcoin does not rely on specific currency institutions to issue. 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 the use of cryptography design to ensure the security of all aspects of money 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

3. Bitcoin private key is a 256 bit random number generated by SHA-256 algorithm
4. Bitcoin is a hot topic recently. It's a way to make money like lottery, but its appreciation and decline are a bit serious, so I don't mind playing with it.
5. Hub75, do you buy outdoors or indoors? It's OK to use SCM to proce a few simple characters. But if you want to have grayscale or something, SCM will not be able to proce characters. If you want to have more colors and less IO ports, you can't do it. If you want to play simply, you'd better buy lingxingyu's 801 receiving card, and the Gigabit network card will be good, Otherwise, it's really troublesome. If you want to find information, you can take a look at the website of Taiwan accumulation. There are Chinese information of 5020 or 5026 chips on it. Maybe your screen is not such a chip, but they are similar things. Just look at one. The information is easy to understand at noon!
6.

Bitcoin is actually a useless string of numbers, but it is recognized as useful, just like diamonds, antiques, calligraphy and paintings, game skin and so on. They can't be eaten or used, but we will recognize their value


"mining" just allows more people to participate in the construction of blockchain network. Is it really good that so many electricity charges are used to "calculate" a series of virtual values? Bitcoin is not a hedge. The price of bitcoin fluctuates greatly. Speculation on bitcoin may become rich overnight or become poor overnight. Bitcoin is not as safe as it claims. In 2014, the world's largest bitcoin trading website, mtgox, was hacked and went bankrupt, and the $467 million worth of bitcoin evaporated instantly. Criminals use it to launder money, evade taxes and so on. It is also quite difficult for the government to investigate. The above personal opinions are welcome to be criticized and corrected. Agree with me, please click like before you go, thank you! Like me, please pay attention to me, thank you again


7. The client does not need to know the real random number. The client (also the system) actually wants the hash value of the "random number" to be less than a certain value
for example, the value of sha256 of 041665464 (random number) is: (hexadecimal) 0ffffffff... (if)
it does not meet the requirement of less than 00ffffff, so it is not a block
the value of sha256 of 041665465 (random number) is: (hexadecimal) 000ffffff... (if)
it meets the requirement of less than 00ffffff, so it is a block

in fact, it is very difficult to find a random number less than a hash value, which is the principle of workload proof
the value to be less than (00ffff...) is variable (difficulty), which varies with time and computing power.
8. I also want to know your question. For the same question, I have worked out one. Doesn't it need to broadcast all over the network? Doesn't it need time to broadcast all over the network? What should we do if there is a conflict? Who decides the time? I see some information that it's a random choice. If it's a bifurcation, who will decide and merge? Looking forward to expert answers
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