Bitcoin exchange product prototype
Publish: 2021-05-04 13:03:13
1. According to incomplete statistics, there are 166 concepts of
bitcoin, which was first proposed by Nakamoto in 2009. According to Nakamoto's ideas, open source software is designed and released, and P2P network is built on it. 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 a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design to ensure the security of all aspects of currency circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction. 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 million.
bitcoin, which was first proposed by Nakamoto in 2009. According to Nakamoto's ideas, open source software is designed and released, and P2P network is built on it. 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 a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design to ensure the security of all aspects of currency circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction. 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 million.
2. The nodes of bitcoin are software running on the computers of millions of bitcoin users, and millions of bitcoin nodes are interconnected to form a bitcoin network. Bitcoin node software usually includes the following functions:
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.
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.
3. Since December 2013, bitcoin has suddenly become a hot spot in China. Overseas bitcoin exchanges, including coinbase, mtgox, lakebtc, btce, have launched the Chinese version one after another to cooperate with local Chinese companies to enter China
in fact, for Chinese bitcoin investors, whether the exchange is domestic or foreign does not hinder its use. In essence, the exchange provides high-quality services, professional procts and safe systems. After all, the future of bitcoin belongs to everyone and the world
when choosing a bitcoin exchange, we must pay attention to the following points:
first, word of mouth: don't say too much about this. Of course, we must distinguish between water army and real users
the second is the location of the exchange: it should be noted that moral hazard exists everywhere, and the cost of running is very different in different countries, the highest in the United States, followed by Western Europe, Russia, etc., and finally other countries and regions
the third is the method of recharge withdrawal: the mainstream in foreign countries is telegraphic transfer, which has a certain cost but is safe. Credit cards and third-party payment platforms, such as PayPal, have many problems at present, which make it impossible to popularize
the fourth is fees: the exchange provides services and charges fees normally. If there is no charge, then it may be through other ways, such as price manipulation, business and so on. The ultimate victims are investors. As long as the cost is reasonable and the price is clearly marked, there will be no sudden increase in the cost of a certain exchange to rob users
finally, let's talk about lakebtc. As we all know, coinbase in Silicon Valley has raised US $25 million to focus on the payment application of bitcoin. At present, a large number of businesses have begun to access its services
lakebtc in New York was founded by Wall Street bank traders. More than a year ago, it was mainly financial professionals around New York who participated in the transaction. These traders buy and sell bitcoin in lakebtc in addition to the daily trading of billions of US dollars of treasury bonds, institutional bonds, foreign exchange, structured procts and other derivatives. On the one hand, it is novel and interesting, on the other hand, it can practice some bold financial ideas. Just as Texas Hold'em is popular on Wall Street, bitcoin trading is graally spreading among these financial professionals
in contrast, most of the founders of other exchanges at home and abroad have it background, and they do not have a deep understanding of financial markets and exchanges, or even lack financial common sense. For example, exchanges are often equated with pricing power. As everyone knows, the market is the main body of pricing. The function of the exchange is only to find the price and provide services for the market. Otherwise, with the mentality of losing pricing power to run an exchange, all kinds of problems will probably arise. For example, GBL runs away, a domestic exchange is questioned by users for manipulating price and trading volume, issuing false recharge information, and failing to withdraw cash, etc.
in fact, for Chinese bitcoin investors, whether the exchange is domestic or foreign does not hinder its use. In essence, the exchange provides high-quality services, professional procts and safe systems. After all, the future of bitcoin belongs to everyone and the world
when choosing a bitcoin exchange, we must pay attention to the following points:
first, word of mouth: don't say too much about this. Of course, we must distinguish between water army and real users
the second is the location of the exchange: it should be noted that moral hazard exists everywhere, and the cost of running is very different in different countries, the highest in the United States, followed by Western Europe, Russia, etc., and finally other countries and regions
the third is the method of recharge withdrawal: the mainstream in foreign countries is telegraphic transfer, which has a certain cost but is safe. Credit cards and third-party payment platforms, such as PayPal, have many problems at present, which make it impossible to popularize
the fourth is fees: the exchange provides services and charges fees normally. If there is no charge, then it may be through other ways, such as price manipulation, business and so on. The ultimate victims are investors. As long as the cost is reasonable and the price is clearly marked, there will be no sudden increase in the cost of a certain exchange to rob users
finally, let's talk about lakebtc. As we all know, coinbase in Silicon Valley has raised US $25 million to focus on the payment application of bitcoin. At present, a large number of businesses have begun to access its services
lakebtc in New York was founded by Wall Street bank traders. More than a year ago, it was mainly financial professionals around New York who participated in the transaction. These traders buy and sell bitcoin in lakebtc in addition to the daily trading of billions of US dollars of treasury bonds, institutional bonds, foreign exchange, structured procts and other derivatives. On the one hand, it is novel and interesting, on the other hand, it can practice some bold financial ideas. Just as Texas Hold'em is popular on Wall Street, bitcoin trading is graally spreading among these financial professionals
in contrast, most of the founders of other exchanges at home and abroad have it background, and they do not have a deep understanding of financial markets and exchanges, or even lack financial common sense. For example, exchanges are often equated with pricing power. As everyone knows, the market is the main body of pricing. The function of the exchange is only to find the price and provide services for the market. Otherwise, with the mentality of losing pricing power to run an exchange, all kinds of problems will probably arise. For example, GBL runs away, a domestic exchange is questioned by users for manipulating price and trading volume, issuing false recharge information, and failing to withdraw cash, etc.
4. Possible factors for the rise of bitcoin. 1. Bitcoin futures rose on the first day of listing on the US stock exchange. Wall Street investors bought bitcoin for the first time, and the price of digital currency futures jumped about 20%. Bitcoin has risen this year. According to the Los Angeles Times, the US market has bought second-hand housing mortgage loans to buy bitcoin. 2. At present, the trading volume of bitcoin is relatively low, and most investors are optimistic about oil, gold, wheat and other commodities, or the stock market. The future direction of bitcoin is unknown, futures prices show that prices are rising, but investors are cautious about the market falling into bubbles and speculation. 3. JPMorgan said bitcoin was a fraud. The Chicago Mercantile Exchange will start trading bitcoin futures on December 18, with gold slightly lower and its value supporting the gold price. Bitcoin has no value, only the price rises.
5. Whether it is the first one is unknown. Maybe there is an unknown small exchange before it. But it is true that Mentougou is the earliest of all known large trading platforms, and some price analysis can only obtain early data from Mentougou. In the early stage, its market share has been more than 80%. The first bitcoin exchange in China is BTCC bitcoin China
please accept if you are satisfied, thank you.
please accept if you are satisfied, thank you.
6. Bitcoin is an electronic currency proced by open source P2P software. Digital currency is a kind of network virtual currency. Bitcoin is also paraphrased as "bitcoin.". Short for: BTC
bitcoin does not rely on specific currency institutions to issue. It is generated through a large number of calculations of specific algorithms. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction
bitcoin is very similar to cash
the advantages of bitcoin are: no freezing, no tracking, no taxes, and extremely low transaction costs. Compared with people who speculate in currency, it is wealth, and people outside the currency circle may think it is a fraud
bitcoin is a relatively mainstream digital currency, which can be properly invested. There are risks in the transaction. You can invest cautiously. You can search the fire coin, coin security, OK, dobby trading platforms on the Internet, which can trade bitcoin. These are relatively large trading platforms. Invest in mainstream digital currency, do not invest in counterfeit currency or air currency
bitcoin exchange can trade all kinds of digital currencies, and bitcoin wallet can only store bitcoin
bitcoin does not rely on specific currency institutions to issue. It is generated through a large number of calculations of specific algorithms. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction
bitcoin is very similar to cash
the advantages of bitcoin are: no freezing, no tracking, no taxes, and extremely low transaction costs. Compared with people who speculate in currency, it is wealth, and people outside the currency circle may think it is a fraud
bitcoin is a relatively mainstream digital currency, which can be properly invested. There are risks in the transaction. You can invest cautiously. You can search the fire coin, coin security, OK, dobby trading platforms on the Internet, which can trade bitcoin. These are relatively large trading platforms. Invest in mainstream digital currency, do not invest in counterfeit currency or air currency
bitcoin exchange can trade all kinds of digital currencies, and bitcoin wallet can only store bitcoin
7. There are many ways to play digital assets, and the modes of each exchange are also different. At present, there are several mainstream models in the market:
1. OTC over-the-counter trading
OTC trading system provides information release places for buyers and sellers of digital assets. OTC market is easy to get acquainted with the previous over-the-counter trading mode, there is no fixed trading place, no fixed Trading rules, and no limited trading form
2. Currency transaction
currency transaction is mainly aimed at the transaction between digital assets and digital assets. One currency is used as the pricing unit to purchase other currencies. The currency transaction rule is also to complete the matching transaction according to the price priority and time priority
3. Perpetual contract trading system
perpetual contract is a derivative of futures cooperation. Like futures, it is a contract transaction, not a spot transaction. After you buy, you will not get digital assets. Development of digital asset trading platform, development of perpetual contract trading system
4. Digital asset mortgage system
digital asset mortgage system is a mortgage investment platform for global digital asset players, on which global players can mortgage certain digital assets.
1. OTC over-the-counter trading
OTC trading system provides information release places for buyers and sellers of digital assets. OTC market is easy to get acquainted with the previous over-the-counter trading mode, there is no fixed trading place, no fixed Trading rules, and no limited trading form
2. Currency transaction
currency transaction is mainly aimed at the transaction between digital assets and digital assets. One currency is used as the pricing unit to purchase other currencies. The currency transaction rule is also to complete the matching transaction according to the price priority and time priority
3. Perpetual contract trading system
perpetual contract is a derivative of futures cooperation. Like futures, it is a contract transaction, not a spot transaction. After you buy, you will not get digital assets. Development of digital asset trading platform, development of perpetual contract trading system
4. Digital asset mortgage system
digital asset mortgage system is a mortgage investment platform for global digital asset players, on which global players can mortgage certain digital assets.
8. The voltage is too high, you connect a high-voltage transformer, try it, if you can't, connect a medium voltage transformer, those shredders need a low-voltage transformer
PS transformer has three round holes on one side, which connect the input end with your solar power station, Another side is a hole that connects the output end to your machine
if connecting the other sides has no effect... You can use a wrench to adjust the direction
PS transformer has three round holes on one side, which connect the input end with your solar power station, Another side is a hole that connects the output end to your machine
if connecting the other sides has no effect... You can use a wrench to adjust the direction
9. Market depth refers to the ability of the market to withstand large transactions without significant fluctuations in the price of bitcoin
we suggest that you choose the exchange with better market depth. Trading depth has two advantages:
1. The market price is relatively more stable in large trading
2. The cost of large trading is also lower
we suggest that you choose the exchange with better market depth. Trading depth has two advantages:
1. The market price is relatively more stable in large trading
2. The cost of large trading is also lower
Hot content