Bitcoin transaction is the smallest

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 currency 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
according to the notice on preventing the financing risk of token issuance, there is no approved digital currency trading platform in China. According to China's digital currency regulatory framework, investors have the freedom to participate in digital currency transactions at their own risk

warm tips: the above information is for reference only. Before investing, it is recommended that you first understand the risks existing in the project, and 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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2.

From the current technology, the next bitcoin in the bitcoin data structure can be divided into 8 decimal places, so the minimum unit of bitcoin is 0.00000001btc, but the transaction can not be so small

according to the statistics of bitbao, at present, the common minimum trading unit of bitcoin trading platform in China is 0.01btc, so the 0.0001 proposed by the owner is not available for sale< br />

3. 2015 is known as the first year of blockchain technology. Now, more than two years have passed since the bitcoin craze. People's enthusiasm for blockchain technology has not subsided. So, what is this mysterious blockchain technology

what is blockchain technology

in a narrow sense: blockchain technology is a kind of chain data structure composed of data blocks connected in sequence according to the time sequence, and it can not be tampered with and forged in the way of cryptography

broad concept: blockchain technology uses blockchain data structure to verify and store data, uses distributed node consensus algorithm to generate and update data, and uses cryptography to ensure the security of data transmission and access It is a new distributed infrastructure and computing paradigm to program and manipulate data by using smart contracts composed of automated script code

Renhua: blockchain technology is a way for the whole people to participate in recording. In the blockchain system, everyone's records can be recorded and distributed to everyone in the system for backup. Such a decentralized way greatly improves the system security< br />


What are the benefits of blockchain technology

1. Blockchain technology is highly reliable

the design of blockchain enables it to effectively prevent failures and attacks. Because a blockchain is shared by a group of open users, even if a single node in the blockchain network fails, it will not lead to the loss of information on other nodes, the rest of the participants can still operate as usual, and the transaction transmission on the blockchain will not be affected

2. Blockchain is transparent

the transparency of the blockchain is that any data updates on the blockchain will be synchronized to the whole blockchain, and any data records on the blockchain network can be queried at each node. Blockchain eliminates the asymmetry of data and improves the trust between network nodes< br />


3. The records stored on the blockchain cannot be changed

unless more than 50% of the nodes in the blockchain change the same record, all data cannot be changed. This reces the risk of fraud in the transaction. Moreover, the stored records have the characteristics of irrevocability. When new data is written into a block, the newly generated block will be copied to all blocks in the blockchain. This process is irreversible, so the blockchain has the characteristics of irrevocability. This improves the accuracy of the transaction, simplifies the data processing process, and reces the cost of keeping the original data and transaction traceability

4. It is recommended that you can open the warranty sheet attached to the purchase of the watch. Under normal circumstances, the warranty sheet will have the service address, or you can find a regular watch Service Center for inspection and repair
within the warranty period, you can get the counter
generally, it is better to repair in Shanghai and Beijing

5. IMEI didn't find this number.

6. Digital currency is possible, but it is impossible to think that it is the only form of currency. Money has never been just a carrier form. Now that more money is used, we think that money is the only money. We can change it into electronic mode.

7. Look at the platforms. Some platforms can do it in several ways, while others have to do it in several hundred. But it's very important to choose the right currency for investment. The CEG I recently invested in started at 2.5 and now is 12.5. It's stable for five months. It's estimated that it will be 22-35 in the new year

8. At least 0.01btc, so on the domestic trading website!!!

9.

The smallest unit of bitcoin is Cong

in addition to Cong, bitcoin also has other units: bitfen, millibit and microbit. Where 1 BTC = 100 CBTC = 1000 mbtc = 1 million μ BTC = 100 million

bitcoin is similar to e-cash of e-mail, and both parties need "bitcoin wallet" similar to e-mail and "bitcoin address" similar to e-mail address. Just like sending and receiving e-mail, the remitter pays bitcoin directly to the other party through a computer or smart phone according to the recipient's address

extended data:

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 finite solutions of a system of equations. Every particular solution can solve the equation and is unique

in the metaphor of banknotes, bitcoin is the number of the top word of a banknote. If you know the number of the top word on a banknote, you have the banknote. The process of mining is to constantly seek the special solution of the equation system through huge amount of calculation. The equation system is designed to have only 21 million special solutions, so the upper limit of bitcoin is 21 million