What is bitcoin crowdfunding for

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The concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. According to the idea of Nakamoto, the open source software is designed and released, and the P2P network on it is constructed. Bitcoin is a virtual encrypted digital currency in the form of P2P. Point to point transmission means a decentralized payment system

unlike all 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 the distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses the design of cryptography to ensure the security of all aspects of currency circulation

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bitcoin network generates new bitcoin through "mining". In essence, the so-called "mining" is to use computers to solve a complex mathematical problem to ensure the consistency of bitcoin network distributed accounting system

to mine bitcoin, you can download the special bitcoin computing tools, register various cooperation websites, fill the registered user name and password into the computing program, and then click the operation to officially start

the bitcoin network is robust, but the bitcoin trading platform is fragile. Trading platform is usually a website, which will be attacked by hackers or shut down by competent authorities

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3. Bitcoin is a kind of e-coin and digital coin proced by open source P2P software, which is a kind of network virtual asset. Bitcoin is also paraphrased as "bitcoin."
generally speaking, 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 characteristics and algorithms of P2P can ensure that bitcoin can not be artificially manipulated by mass proction. The design based on cryptography can only make bitcoin be transferred or paid by real owners. This ensures the anonymity of money ownership and circulation transactions
bitcoin can be cashed and converted into the currency of most countries. Users can use bitcoin to buy some virtual items, such as clothes, hats and equipment in online games. As long as someone accepts it, they can also use bitcoin to buy real-life items
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
the concept of bitcoin was first proposed by Satoshi Nakamoto in 2009. According to the idea of Satoshi Nakamoto, open source software and P2P network were designed and released
the reason why bitcoin is anonymous is that they are built on a decentralized system. Bitcoin is completely independent, and the outside world cannot shut it down through some kind of core infrastructure
"anonymity" is very useful for those who don't want to associate their name with the goods or services they buy. What outsiders see is nothing more than the address of your bitcoin wallet and a string of random words and numbers. Apart from that, there is no personal identification information. For relatively paranoid users, you can also create multiple new wallets for free
bitcoin is designed to allow anonymous ownership and use rights. Bitcoin can be stored in personal computers in the form of computer files (wallet) or in third-party hosting services. No matter how it is saved, bitcoin can be sent to anyone on the Internet through its address. The distributed characteristics of P2P and the design of no central management mechanism ensure that no organization can manipulate the value of bitcoin or create inflation<

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
controlling bitcoin requires a private key, 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 transaction fee of about 1 bitfen 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 quota and proceres. If you know the other party's bitcoin address, you can pay
6. Cross platform mining
users can explore the computing power of different hardware on many platforms

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4. In the past, it was said that the money making tools were manipulated by the Dutch. Later, it was said that the money sucking tools, the mining machines or the direct savings could only be withdrawn after six months. All the investments in the circle were gone.

5. The so-called mutual finance is the use of bitcoin as a tool to carry out a Ponzi scheme. In essence, it is the system of golden Tara. You can find MMM and 315 rights protection fund.