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unlike all currencies, bitcoin is not issued by a specific monetary institution. It is generated by calculation based on a specific algorithm
bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions
the total number of bitcoins is limited
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BTC CNY LTC means RMB transaction between bitcoin and Leyte, which supports the free exchange among bitcoin, Leyte and RMB.
Last week, a paragraph about bitcoin became popular:
bitcoin broke through 5800 US dollars (about 38280 yuan) . When it was issued in 2009, 1 US dollar was equivalent to 1300 bitcoins. What is investment? It has increased by 7.54 million times in 8 years. At that time, you spent 38000 yuan to buy some bitcoin. Now you are the richest man in China, surpassing Xu Jiayin, who has 290 billion yuan
but just one week later, on October 20, bitcoin broke through the $6000 mark. Although it fell later, it reached more than $6000 again on October 21, reaching a maximum of $6147. In terms of $6000, bitcoin prices have risen 7.8 million times in eight years
according to cryptocompare, a bitcoin data provider, e to China's strict supervision of cryptocurrency trading, the global share of bitcoin market has been greatly changed. Now, in the total trading volume of the world's bitcoin exchanges, the trading volume of RMB versus bitcoin accounts for about 1.6%
} the proportion of RMB and yen in global bitcoin trading volume (photo source: cryptocompare)
the reporter noted that in the first half of this year, after Japan's legislation recognized bitcoin as a legal payment method, bitcoin's trading volume in Japan surged, and Japanese regulatory authorities have issued certificates to 11 cryptocurrency exchanges. About 58% of bitcoin trading currently takes place in the Japanese market, and nearly a third of yen to bitcoin trading takes place on the bitflyer exchange in Tokyo. In addition, the U.S. and South Korea markets also account for a large part of global bitcoin transactions - the U.S. dollar and the Korean won account for 27% and 7% of the total bitcoin transactions, respectively< br />
Recently, the news that the 27 year old founder of Ethereum made a profit of 1.1 billion US dollars has aroused heated discussion among netizens and caused a stir on the Internet. As we all know, with the development of society, digital money has appeared in money. The biggest digital currency is what we know as bitcoin. Bitcoin from the initial price of less than 1 point rose to more than 300000 yuan now, a huge increase. In addition to bitcoin, the second largest digital currency is now emerging, which is Ethernet. It was launched in 2015, and now it is rising by a large margin
In 2013, 19-year-old Butlin entered the University of Waterloo in Canada. Founded in 1957, the University of Waterloo is famous for both learning and practice. It ranks third in Canada and is one of the best and best schools in North America. The teaching level of mathematics, computer science and engineering is in the forefront of the world. After eight months at the University of Waterloo, Butlin chose to suspend school and focus on blockchain. Later, he released the Ethereum white paper and began to recruit developers. With the continuous strengthening of Ethernet price since 2021, as of May 5, 2021, the market value of bitcoin has dropped to 47%, while the market value of Ethernet has risen to 18%