BTC New York consensus

1.

They are:

bitcoin

the concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's ideas, the open source software was designed and released, and the P2P network was built on it. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system

bitcoin cash

bitcoin cash is a new version of bitcoin with different configurations launched by a small number of bitcoin developers

extended data:

virtual currency refers to non real currency. Well known virtual currency, such as network company's network currency, Tencent company's Q currency, Q point, Shanda company's voucher, Sina's Micro currency (used for micro games, Sina reading, etc.), chivalrous Yuanbao (used for chivalrous road game), silver pattern (used for bixue Qingtian game)

the popular digital currencies in 2013 are bitcoin, Leyte coin, infinite coin, quark coin, zeta coin, BBQ coin, pennies (Internet), invisible gold bar, red coin and prime currency. At present, hundreds of digital currencies are issued all over the world. Popular in the circle & quot; The legend of "bitcoin, Wright silver, infinite copper, pennies aluminum"

2. Bitcoin (bitcoin: bitcoin) was originally a kind of network virtual currency, similar to Tencent's q-coin, but it has been able to 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. In 2013, the U.S. government recognized the legal status of bitcoin, making the price of bitcoin soar. In China, on November 19, 2013, a bitcoin was equivalent to 6989 yuan. On January 7, 2014, Taobao announced that it would ban the sale of Internet virtual currencies such as bitcoin and lightcoin from January 14
the content of this article comes from the series of general knowledge of legal life published by China Law Press

3. Don't mention it. It's all broken. Run!

4. The concept of bitcoin was first proposed by Nakamoto on November 1, 2008. It is a kind of P2P digital currency. Bitcoin is not issued by specific monetary institutions. It is generated by a large number of calculations based on specific algorithms. At present, bitcoin can be bought and sold on mainstream platforms such as coin security, fire coin, bitewang (free of charge) and so on.

5. There are few traders with stable profits, and most of the capital losses are mainly e to lack of experience. However, in primexbt, it only costs US $10, so you can experience more and operate more.

6.

There must be some worries when using face recognition, which mainly comes from two aspects: the first is the reliability of face recognition technology, and the second is the security of face recognition technology. Now I will talk about the disadvantages and worries of today's face recognition technology from these two aspects

to sum up, based on the safety and reliability of face recognition technology, I am still worried about face recognition

7. Bitcoin is a consensus network, contributing to a new payment system and a fully digital currency. It is the first decentralized peer-to-peer payment network, which is controlled by its users without a central management organization or middleman. From the user's point of view, bitcoin is much like Internet cash. Bitcoin can also be regarded as the most outstanding three style bookkeeping system.

8. The "bitcoin consensus conference" is held by coindesk, a media and research company in the field of blockchain. The guests will include experts in the field of blockchain and representatives of the development project of memory digital currency. The number of participants is graally increasing every year, and the tickets are also rising all the way. When I played stock before, the teacher of Yingfu College of Finance and Economics said that it was more professional

it is worth noting that the price of bitcoin fluctuates significantly ring the annual meeting, and it also becomes a hot spot in bitcoin market.

9.

development trend: the divergence of development teams leads to the bifurcation of technical routes

the most criticized problem of bitcoin is the small block capacity, which is only 1MB. As a result, bitcoin is becoming more and more unsuitable for trading. Many transactions will not be confirmed immediately after they occur, and many blocks need to wait, so the transaction fees of bitcoin are higher and higher, Obviously, it will be further and further away from the idea of a trading currency

for the problem of bitcoin block capacity, as the founder of bitcoin, Nakamoto Tsung has given a solution. The size of the earliest bitcoin block is designed to be 32MB, and the roadmap of bitcoin expansion is given. The reason why the bitcoin block was limited to 1MB in the early days was to prevent the network congestion caused by a large number of small transfers in the early network

however, bitcoin did not upgrade as it should, but still maintained a block size of 1MB. The reason is the divergence of the bitcoin development team. Nakamoto was the developer of bitcoin, but later retired and left the development task of bitcoin to the bitcoin development team. However, the development team was very different about removing the 1MB block limit, so the development team split up. The original development team (core) wanted to continue to limit the size of 1MB, and the people who left formed other development teams (several), It is also called large block team or support expansion team. In the end, the two groups failed to reach a consensus on the upgrading of bitcoin network. A new bitcoin, bitcoin cash, was created, which is different from the original bitcoin. He inherited all the blocks (transaction records) of bitcoin before the split, but after the split, he used a new block of 8MB, which is different from the previous bitcoin (BTC, developed and maintained by the core team)

there should be three types of hard bifurcations for bitcoin, including the cash bifurcations for bitcoin (uahf). The original bitcoin network is prepared to implement segwit2x, which is the bifurcation scheme of the New York consensus. However, e to opposition, segwit2x was not implemented in the end, maintaining the original bitcoin path. But bitcoin still needs to be upgraded. The emergence of bitcoin cash is not accidental. In fact, there are other bifurcated bitcoin coins, such as bitcoin limited and bitcoin old. It's only because of the problem of popularity that it doesn't enter the public view. Now bitcoin cash is the most competitive bifurcated coin

- the above data and analysis are all from the in depth analysis report on business model innovation and investment opportunities of China's blockchain instry of foresight Instry Research Institute

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