Bitcoin net
bitcoin is just a game. If it is promoted as a tool to get rich, it can be regarded as a fraud. Just like the currency in other online games, the only difference is that bitcoin has been standardized since the game was first formulated. It can't be issued indiscriminately, so it can keep its value better than other virtual game props. It is equivalent to the online collection. Bitcoin is a prop in the game, and its value is reflected in the recognition of bitcoin by players: more people play, the value of props in the game is higher; The risk is that he is not the only game, and his algorithm is not the only one. Maybe someone will be able to make other special coins soon. All you need to do is promote the game and sell your props. As for money, bitcoin does not have the basic attributes of money, such as unfair initial distribution and insecure circulation. Money needs to be maintained by the state machine
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 to issue. 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 money circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction
1. Bitcoin (bitcoin) is a kind of network virtual currency, which can buy real-life goods. It is characterized by decentralization, anonymity, and can only be used in the digital world. It does not belong to any country or financial institution, and is not subject to geographical restrictions. It can be exchanged anywhere in the world. Therefore, it is used as a money laundering tool by some criminals
2. On January 7, 2014, Taobao announced that it would ban the sale of Internet virtual currencies such as bitcoin and lightcoin from January 14. On February 26, 2014, Democratic Senator Joe Manchin of West Virginia issued an open letter to a number of regulatory authorities of the federal government of the United States, hoping that relevant institutions would pay attention to the status quo of bitcoin encouraging illegal activities and disrupting the financial order, and demanded that actions be taken as soon as possible to completely ban the electronic currency
3. On May 12, 2017, a global outbreak of bitcoin virus madly attacked public and commercial systems! Nearly 74 countries in the world have been seriously attacked
4. From August 1, 2017, global bitcoin trading platform will suspend recharge and withdrawal services. Bitcoin China digital asset trading platform will stop new user registration on September 14, and all trading businesses will be stopped on September 30
< H2 > reference materials: network bitcoin
1. Q coin
Q coin, referred to as QB, also known as QQ coin, Tencent Q coin, etc. Usually its exchange rate is 1q currency = 1 RMB, with Tencent paipai net transactions are generally 10% off
QB is a virtual currency launched by Tencent, which can be used to pay for QQ bank number, QQ member service and other services. Tencent q-coin, through the purchase of QQ card, telephone recharge, bank card recharge, network recharge, mobile phone recharge card, one card recharge card and other ways to obtain
The face value of QQ card is 10 yuan, 15 yuan, 30 yuan, 60 yuan, 100 yuan and 200 yuan respectivelythere is another kind of electronic cryptocurrency, qqcoin, which is not related to each other
2. Litecoin
litecoin, abbreviated as LTC, currency symbol: Ł; It is a kind of network currency based on "peer-to-peer" technology. It is also an open source software project under MIT / X11 license. It can help users make instant payments to anyone in the world
lightcoin is inspired by bitcoin (BTC) and has the same implementation principle in technology. The creation and transfer of lightcoin is based on an open source encryption protocol and is not managed by any central organization
3, infinite coin
infinite coin (hereinafter referred to as IFC) is a new digital currency, which has more circulation advantages than bitcoin, and fills the short board of bitcoin in the field of commercial circulation and promoting commercial operation. The positioning of unlimited money is to serve the daily life of small transaction payment
one transaction of infinite coin needs three confirmations, each confirmation takes three seconds, and the transaction confirmation speed is very fast. Because bitcoin transaction needs 6 confirmations, which takes about 1 hour, and lightcoin transaction takes 15 minutes, infinite coin is used in daily common transactions, which is more practical
infinite coin was released on June 5, 2013. Based on scrypt POW algorithm. A block is generated in 30 seconds. In the initial block, there are 524288 infinite coins in each block. After that, for every 86400 blocks generated, the number of coins in the block is halved, with a total of 90.6 billion. The difficulty of mining is adjusted every hour
Quark coin is not the currency in real life, it exists safely in the computer of global networkquark network is protected by six most advanced encryption algorithms to ensure that it can become a digital ledger. The whole network uses each of the six functions to generate a proof of work, and the coin maker must "verify" these transactions to ensure that each coin increase is real and effective
only regular computer can participate in ensuring that it can maintain a highly secure peer-to-peer network, which makes it more decentralized
quark coins can only be g up through the CPU of regular computers. In the first 36 weeks, a total of 247605120 quark coins will be g out. Since March 30, 2014, the annual quark coins set at 1050000 can enter the market through "digging", and the block reward will never be less than one, which is currently two
Zetacoin is an open-source digital currency based on SHA-256 algorithm. The initial coin mining is 160 million coins, and the subsequent annual inflation is a better incentive, To keep the hash of the network is not pure transaction cost The total number ofzetacoin is 160 million, 1000 zets per block and half of 80640 zets per block
Bitcoin is not the only digital currency on the Internet. There are also ripple, stellar, litecoin, Ethereum and other digital currencies. Of course, the most popular is still bitcoin. But many times, some developers, entrepreneurs or enterprises will let us know that we need better digital currency. A programmer named Jed McCaleb, the father of electric donkeys, developed the reborn coin, which should be better than the bitcoin. Later, he launched the star coin, which is better than the reborn coin. What is more gratifying is that he is not fighting alone
now there is a trend that the instry hopes to develop a technology that enables all these online digital currencies to flow to each other, which means that you can transfer money freely in different online digital currency systems in the future. This technology is known as "interleaver protocol (ILP)", initiated by ripote. However, in recent months, that is, after the company released this idea, they also got the support of many famous companies in the instry, including Microsoft and the world wide web. Obviously, Ruibo currency company wants to set the technical standard of digital currency on the Internet. They want to develop a single global network, which can not only unify all digital currencies, but also unify all enterprises and indivials who use these digital currencies
"we want to be on a higher level and extract the differences between various digital currencies," said Stephen Thomas, chief technology officer of ripple. "We are trying to develop a global standard for payment."
with the launch of this agreement, we hope to enable more people to use online digital currency, expand the scope of use of online digital currency, and let us transfer funds more efficiently. This is actually the goal of many existing projects. For example, the original intention of the design of reborn currency and star currency is to allow users to transfer money to these two digital currency accounts in any currency, and to enable these two digital currencies to be converted into other currencies correspondingly. You can send bitcoin, and then the other party gets it. You can also send us dollars, and the other party will get dogecoin. However, for businesses and the developer community, there are restrictions on their use of these ledgers, so there are some problems because you can't transfer money from one payment network to another. Now, however, the interleaver agreement hopes to change that
to some extent, after ten years of efforts, they hope to develop a new network protocol, which is commonly known as "money Internet". If we go back to the early 1990s, we know that the famous Marc Andreessen founded the Netscape web browser. Now, the project hopes to play a similar role. They want to establish a standard way to send funds on the Internet. In fact, the original Hypertext Transfer Protocol (HTTP, which defined the basic standard of the network) contained code for payment. But this code has never been used. In recent years, many companies (such as coinbase, a bitcoin exchange, and stripe, a company that helps enterprises accept various online digital currencies) are at least trying to create a conventional standard for online digital currencies. In the future, we hope to be able to send and receive money online, just like sending short messages or e-mails. However, we still have a long way to go to this paradise, but at least now we are in the right direction
warm tips:
1. The above explanations are for reference only, without any suggestions
2. Before investing, it is recommended that you first understand the risks existing in the project, and clearly understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market. Investment is risky, so we should be cautious when entering the market
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On April 18, 2021, the global virtual money market plummeted, and the cryptocurrency market experienced the most serious slump in history. On a 24-hour basis, bitcoin has plummeted by more than 16%, Ethereum has plummeted by nearly 20%, coin an has plummeted by 17%, and reborn has fallen by 26%. Within one day, more than 620000 people were liquidated, and the amount of liquidation exceeded US $5579 million. Brian bull, CEO of coinbase, a virtual currency exchange; Armstrong sold $290 million of the company's shares, bringing the total market value of its insiders to more than $4.6 billion. In addition, alexia & middot, the chief financial officer of coinbase; Haas cashed out about $99.32 million at $388.73
it is reported that the ability of cloud computing is to split the mining machine into independent units. The mine provides mining machine computing power leasing services. Investors only need to purchase the calculation contract to & lt; Cloud mining;, Get the corresponding virtual currency. On several cloud computing platforms, it is found that the rate of return declared by each platform is not low, and some annual rates of return even exceed 100%. At the same time, cloud computing capacity is also facing huge risks. In the absence of third-party guarantee and supervision, cloud computing capacity sometimes faces huge risks
the concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's idea, open source software was designed and released, and P2P network was built on it. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system. Bitcoin economy uses the distributed database composed of many nodes in the whole P2P network to confirm and record all transaction behaviors, and uses the design of cryptography to ensure the security of all aspects of currency circulation. Bitcoin network uses & lt; Mining & quot; The next generation of bitcoin. The so-called & lt; Mining & quot; In essence, it is to solve a complex mathematical problem with computer to ensure the consistency of Distributed Accounting System of bitcoin network. Bitcoin network will automatically adjust the difficulty of mathematical problems, so that the whole network will get a qualified answer about every 10 minutes. Then bitcoin network will generate a certain amount of bitcoin as a reward to reward the person who gets the answer
most countries do not recognize bitcoin as a real currency, and the price of bitcoin fluctuates under the influence of national policies, because the fatal weakness of bitcoin is that with the cryptocurrency exchange, black money easily has a legal source. Money laundering is abhorred by all countries. What kind of behavior needs money laundering? Drug trafficking, smuggling, fraud, corruption, bribery and tax evasion. Also easy to make capital flight, also known as asset transfer. If a businessman wants to immigrate and convert all his assets into US dollars, he needs to go through the State Administration of foreign exchange. Now the foreign exchange control is strict, and 50000 yuan has to go through the process of filing. The state will never give a large amount of foreign exchange to indivials. With bitcoin, it's different. It doesn't need to go through the safe. Among other risks, e to the lack of regulation, cryptocurrency & lt; It may cause irreparable losses to all parties in the transaction;. Payment may & lt; This includes factors that may undermine people's confidence in the methods and tools currently used in payments