How many nodes does bitcoin have

1. 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 a specific currency institution to issue. It is generated by a large number of calculations 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, 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. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. 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. On January 8, 2021, the price of bitcoin exceeded $40000

warm tips: according to the notice and announcement issued by the people's Bank of China and other departments, virtual currency is not issued by the monetary authority, does not have legal compensation and mandatory monetary attributes, is not a real currency, does not have the same legal status as currency, and cannot and should not be used as currency in the market, Citizens' investment and transaction of virtual currency are not protected by law
the above explanation is for reference only. 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
investors should not use such information to replace their independent judgment or make decisions only based on such information, which does not constitute any investment operation

response time: January 12, 2021. Please refer to the official website of Ping An Bank for the latest business changes
[Ping An Bank I know] want to know more? Come and see "Ping An Bank I know" ~
https://b.pingan.com.cn/paim/iknow/index.html

2.

The total number of bitcoins is 21 million

in 2009, when bitcoin was born, block reward was 50 bitcoins. Ten minutes after its birth, the first 50 bitcoins were generated, and the total amount of money at this time is 50. Then bitcoin grew at a rate of about 50 every 10 minutes. When the total amount reaches 10.5 million (50% of 21 million), the block reward will be halved to 25

when the total amount reaches 15.75 million (5.25 million new output, i.e. 50% of 1050), the block reward will be further halved to 12.5. 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 about 21 million

extended data

monetary characteristics

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

2. Global circulation: 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 needed 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 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 limit of 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

3.

According to 1ml data, the current number of bitcoin lightning network nodes has reached 18061, an increase of 7.30% in the past 30 days; The number of channels was 40065, which increased by 5.9% in the past 30 days; Network capacity reached 1154 BTCs, an increase of 6% in the past 30 days

blockchain technology workstation under "BTC

Lianqiao ecation online" is the only approved "blockchain Technology Specialty" pilot workstation of "smart learning workshop 2020 Xueshuo innovation workstation" launched by the school planning, construction and development center of the Ministry of ecation of China. Based on providing diversified growth paths for students, the professional station promotes the reform of the training mode of the combination of professional degree research, proction, learning and research, and constructs the applied and compound talent training system

4. The nodes of bitcoin are software running on the computers of millions of bitcoin users, and millions of bitcoin nodes are interconnected to form a bitcoin network. Bitcoin node software usually includes the following functions:
1) wallet. It's used to store your bitcoin balance. In principle, as long as you have the private key of your own bitcoin address, you can use your own bitcoin
2) verify the transaction or payment. After receiving the transaction, the bitcoin node will use certain algorithms to verify the validity of a transaction. If you only change the balance of bitcoin in your computer, others will not recognize it. Similarly, your wallet will not recognize the transaction changed by others
3) mining. Core wallet can start mining function through a command to join the mining army, while SPV wallet usually can't (SPV is just passing by). However, it is not the node type that hinders home computer mining, but the rapid development of professional mining machines. Compared with ordinary computers, the computing power of ordinary computers is very small. Mining by ordinary computers is like digging your own backyard with a hoe, and then expecting to dig out gold
because of the demand of bitcoin users, bitcoin exchange was born. The exchange provides a place for centralized trading. People put money on the exchange, and the exchange will match and trade together, similar to stocks and securities. Therefore, banning exchanges does not mean banning bitcoin. Bitcoin network cannot be banned. Bitcoin is sent to the exchange's wallet, and all you see is a balance given to you by the exchange. In fact, you no longer have your own bitcoin. Bitcoin network is global. Where there is a network, there will be bitcoin. After the exchange closes, bitcoin will not disappear, but will return to where it should be.

5. The essence of bitcoin is an account book, which keeps all the transaction records of history. Bitcoin client is responsible for interacting with other clients in the form of P2P, so it is also called P2P node. If the client has downloaded all the ledgers, the node is the full node.

6.

According to the currency conversion ratio on October 22, 2020, one bitcoin = 86214.10 RMB

compared with fiat money, bitcoin does not have a centralized issuer, but is generated by the calculation of network nodes. Anyone can participate in the manufacture of bitcoin, and it can circulate all over the world. It can be bought and sold on any computer connected to the Internet. No matter where they are, anyone can dig, buy, sell or collect bitcoin, And in the transaction process, foreigners can not identify the user's identity information

whenever bitcoin comes into the view of mainstream media, mainstream media always ask some mainstream economists to analyze bitcoin. Earlier, these analyses focused on whether bitcoin was a scam. Now the analysis focuses on whether bitcoin can become the mainstream currency in the future. The focus of the debate is often on the deflationary nature of bitcoin

extended information:

purchase method:

users can buy bitcoin, at the same time, they can also use the computer to "mine" bitcoin according to the algorithm. When users "mine" bitcoin, they need to use the computer to search for 64 bit numbers, and then compete with other gold miners by repeatedly solving puzzles to provide the required numbers for the bitcoin network. If the user's computer successfully creates a set of numbers, then they will get 25 bitcoins

e to the decentralized programming adopted by the bitcoin system, only 25 bitcoins can be obtained every 10 minutes, and by 2140, the maximum number of bitcoins in circulation will reach 21 million. In other words, bitcoin system is able to achieve self-sufficiency, resist inflation through coding, and prevent others from destroying these codes

7.

The concept of 21 million

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 is not issued in unlimited quantity, which is different from most currencies. Bitcoin does not rely on a specific currency issuer. But according to the specific algorithm, through a large number of calculations. Its circulation is controlled by software algorithms. The total number is 21 million

extended materials:

generation principle

starting from the essence of bitcoin, the essence of bitcoin is actually the special solution generated by a bunch of complex algorithms. A special solution is one of the infinite (in fact, bitcoin is finite) solutions that can be obtained from the equations. Every particular solution can solve the equation and is unique[ 10] In the metaphor of RMB, bitcoin is the serial number of RMB. If you know the serial number of a note, you have the note. The process of mining is to constantly seek the special solution of this equation system through a huge amount of calculation. This equation system is designed to have only 21 million special solutions, so the upper limit of bitcoin is 21 million

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. After completing the installation of bitcoin client, you can directly obtain a bitcoin address. When others pay, you only need to paste the address to others, and you can pay through the same client. After installing the bitcoin client, it will distribute a private key and a public key. You need to back up your wallet data containing your private key to ensure that your property is not lost. Unfortunately, if the hard disk is completely formatted, personal bitcoin will be completely lost

8. The reason why blockchain ledger can be decentralized is that all nodes of the network synchronize the ledger with each other and keep consistent. Therefore, blockchain does not need a centralized bookkeeping institution, so what is the node
bitcoin is a kind of point-to-point e-cash system, more directly, node to node. Each transaction is broadcast by the originator to the nodes around it, and then broadcast to the nodes around it after receiving it, and finally spread to the whole network
every bitcoin wallet is a node, and the node with a complete blockchain ledger is called the whole node. In October 2017, there were about 9300 nodes in the bitcoin network, which were responsible for broadcasting and verifying bitcoin transfer transactions. After the transfer transaction occurs, all nodes broadcast to the whole network. After the mining node verifies that the transaction is correct, it will be recorded in the blockchain ledger. The United States, Germany and France have the largest number of bitcoin nodes, with China accounting for about 5% of the world's total nodes Data source: bitcodes. 21. CO) running bitcoin node does not provide any reward, and it does not need the whole node to transfer bitcoin, so the total number of bitcoin nodes only accounts for a small part of the node number.

9. Bitcoin blockchain is a bitcoin blockchain? No, the block stores the transaction. In the early stage, you will get a coin if you successfully build a block. In the later stage, you can only get the fees paid by the exchange. A currency is a string of digital signatures. It is a digital signature sent by the last owner to the receiver. Everyone can see who owns the currency from the transaction
does each node have complete blockchain data? You mean a user node? A user node needs to keep the of the block head of the longest workload proof chain, so it knows the data of all the block heads. It can move forward to know all the data on the block chain, but not all of them are saved. A block header is very small, only 80 bytes, which can be saved completely, because the generation of nodes is very slow. Even with the passage of time, the amount is not too large now.