Bitcoin and KB
bitcoin is an e-money payment system based on the global network
bitcoin is an e-money system based on the global decentralized network system, without the participation of central banks and third-party institutions, with a fixed total amount. Bitcoin has the characteristics of payment system and currency at the same time. Global network nodes are maintaining the bitcoin network all day<
English: bitcoin currency symbol: abbreviation: BTC or XBT
Introction to bitcoin by wiki
different from traditional currency, bitcoin's operation mechanism does not rely on the support or credit guarantee of central bank, government and enterprise, but on the network agreement reached with seed files in the network, which is a decentralized and self-improvement monetary system, Theoretically, it ensures that no one, institution or government can control the total amount of bitcoin or create inflation. Its total amount of money graally increased at the designed rate, and the increase rate graally slowed down, and finally reached the limit of 21 million in 2140<
Introction to bitcoin in network
bitcoin is based on a set of cipher codes and generated by complex algorithms. This rule is not interfered by any indivial or organization and is decentralized; Anyone can download and run the bitcoin client to participate in the proction of bitcoin; Bitcoin uses electronic signature to realize circulation, and checks repeated consumption through P2P distributed network. The generation and consumption of each bitcoin will be recorded through the P2P distributed network and informed to the whole network. There is no possibility of forgery. 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<
Introction to bitcoin in interactive network
bitcoin is an electronic currency proced by open source P2P software. 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<
the difference between bitcoin and bitcoin
it should be noted that
in English, the words bitcoin and bitcoin represent two concepts of payment network and monetary unit
bitcoin starting with capital B represents bitcoin network system or bitcoin network protocol, which is a payment system based on decentralized network
you can simply understand bitcoin as a public accounting system built on the Internet and not manipulated by any third party. Bitcoin, which starts with lowercase B, refers to the digital currency (e-money, e-cash, cryptocurrency) built on bitcoin network. Bitcoin is the payment accounting unit built in bitcoin payment system. We call bitcoin the network system that proces bitcoin<
in Chinese, bitcoin and bitcoin are both called bitcoin without distinction in many places
its main features are as follows:
1. Decentralization
bitcoin is the first distributed virtual currency, and the whole network is composed of users without a central bank. Decentralization is the guarantee of bitcoin's security and freedom< Bitcoin can be managed on any computer connected to the Internet. No matter where you are, anyone can dig, buy, sell or collect bitcoin
3. Exclusive ownership
private key is required to control bitcoin, which can be stored in any storage medium in isolation. No one can get it except the user himself
4. Low transaction cost
bitcoin can be remitted free of charge, but in the end, a small transaction fee will be charged for each transaction to ensure faster transaction execution
5. No hidden cost
as a means of payment from a to B, bitcoin has no cumbersome limit of quota and proceres. If you know the other party's bitcoin address, you can pay<
6. Bitcoin is not completely anonymous
for more information about bitcoin, please visit my website
learning bitcoin studybtc
it will take some time to protect privacy when using bitcoin. All bitcoin transactions are publicly and permanently stored in the network, which means that anyone can view the balance and transaction records in any bitcoin address. Unless the bitcoin holder discloses personal information ring the transaction, the bitcoin address will not be associated with the real identity of the bitcoin holder. This is why it is recommended that bitcoin holders use multiple bitcoin addresses; In fact, you should create a new address each time to receive bitcoin. This is especially important when using bitcoin in public places, such as on websites. In addition, you can also consider using tools like tor to hide your IP address from being recorded. Learning bitcoin
7. Bitcoin is still experimental
bitcoin is an experimental new currency in active development. Although its experimentality is diminishing with its increasing usage, remember that bitcoin is a new invention, exploring ideas that have never been tried before, so no one can predict the future of bitcoin.
The user groups of Ethernet and bitcoin are different
you can still invest a little
the company has been registered with the Ministry of instry and information technology, has a business license, and its capital is supervised by a third-party bank
I think it's relatively safe. There's no absolute security. Yu'ebao also has risks, and the deposit bank also has money, which suddenly disappears.
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I put 1000 yuan into chuqianbao. At present, my daily income is 9.6 yuan. I don't know how my income will be in the future. You can try a little first
registration invitation code: the invitation code is 9a7f8e
the problem of double spending is that a sum of money can be spent twice, three times and many times. Why has the double flower problem become such an important issue in the bitcoin system
the reason is that bitcoin is a virtual currency. It is virtual, presented in the form of code, and can be copied. Once the code vulnerability is broken, the same bitcoin can be recycled. In this way, the "money" of bitcoin will become very weak
let's think about it. If a sum of money can be spent many times, and you have 500 yuan, you can buy a 500 yuan dress, which can be recycled, and then buy a pair of 500 yuan shoes. In this way, can money be called money
therefore, when Nakamoto set up the bitcoin system, all his technical means are basically around solving the "double flower problem" of
, to protect bitcoin as a kind of currency, its own function as a means of payment
in fact, the problem of double spending is not a problem in our present centralized world, because with banks, the settlement of money transactions is through banks, which is very safe. If you have problems, you can go to the bank directly
however, in the decentralized world, without such a central institution as banks, it is necessary to ensure that a sum of money can only be spent once. How to eliminate the "double spending problem" under the premise of decentralization is a difficult problem
let's just say, why is Nakamoto so persistent in pursuing "decentralization" and asking for trouble? No, he hopes to solve some social problems through decentralization, the most important of which is the inflation caused by the excessive issuance of money by the authority
so, let's sum up his logic: centralized currency issuance leads to inflation - so we need to achieve Decentralization - decentralization will face many problems, the biggest problem is the double flower problem - so we need to solve the double flower problem - how to solve the double flower problem
here, Nakamoto introces the concepts of utxo and "timestamp" to solve the double flower problem
bitcoin is stored in a program or client and controlled by private key
2. Bitcoin GB or MB or KB
after the complete bitcoin client is synchronized, it has a volume of 23g at present. Because of its large size, there are currently online wallets or lightweight clients to choose from
3. Whether the size of each bitcoin is the same
Yes
you can check bitcoin's Chinese wiki
Since Xiaolu entered the circle, people often ask Xiaolu what is the difference between q-coin and bitcoin. Emmm, although the answer to this question is very simple, it's a bit troublesome to explain it. So Xiaolu should write an article today to explain it well
I don't know what fawn said. Do you understand? If you have any questions, please leave a message and communicate with Xiaolu
