BTC in 2010

1.

at present, the computing power of bitcoin in the whole network has reached 2.36 billion hash collisions per second, which is equivalent to the number of water droplets in more than 200000 50 meter long standard swimming pools. But even with such a large amount of computing power, it will take about 10 minutes to hit a hash value that meets the requirements

in 2012, bitcoin's output was halved for the first time, and in July 2016, bitcoin's output was halved for the second time. At present, 12.5 bitcoins are awarded for recording one page of account book. The next halving will take place around 2020, and the total number of bitcoins will not increase by 2040, with a total of 21 million. In other words, the difficulty of digging bitcoin is increasing, while the time required is increasing

2.

The remitter pays bitcoin directly to the recipient's address through a computer or smart phone

bitcoin transaction data is packaged into a "data block" or "block", and the transaction is initially confirmed. When the block is connected to the previous block, the transaction will be further confirmed. After six successive large amount confirmations, this transaction has basically been irreversibly confirmed

bitcoin peer-to-peer network stores all its transaction history in the "blockchain". The blockchain continues to grow, and once new blocks are added to the blockchain, they can no longer be deleted. Blockchain is actually a distributed database, which is composed of a group of scattered customer nodes and all participants. It records the history of all bitcoin transactions

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users can buy bitcoin, and then use computers to do a lot of calculations to "mine" them. When users "dig" bitcoin, the computer will search for 64 digit numbers, and then compete with other gold diggers to repeatedly solve the puzzle and provide the number needed by the bitcoin network. If the user's computer successfully creates a set of numbers, it will get 25 bitcoins

From 2012 to 2014, bitcoin swept the world, graally forming a "virtual currency" instry chain represented by bitcoin. This is a reform of the financial instry and a new proct of the combination of the financial instry and the Internet. It represents a financial milestone in the new era and opens a new chapter in the history of the Internet. Bitcoin fund is one of the derivatives represented by bitcoin in the era of "virtual currency"

FXCM China said bitcoin fund will open in autumn 2014. FXCM bitcoin fund, as the world's first mutually beneficial and win-win financial model, has a new look, but it is also full of temptations and challenges

3.

On January 3, 2009, the first batch of 50 bitcoins were g up on a small server in Finland. On May 21, 2010, the first bitcoin transaction: programmer Laszlo hanyecz bought a $25 pizza coupon with 10000 BTC. This transaction gave birth to the first fair exchange rate of bitcoin.

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Satoshi Nakamoto, a self styled Japanese American, is often translated by Japanese media as the founder of bitcoin protocol and its related software bitcoin QT, but his real identity is unknown. In 2008, Nakamoto published a paper called "bitcoin: a peer-to-peer electronic cash system", which describes an electronic currency and its algorithm called "bitcoin"

In 2009, he released the first bitcoin software and officially launched the bitcoin financial system. In 2010, he graally faded out and handed over the project to other members of the bitcoin community. Nakamoto is believed to hold about one million bitcoins. These bitcoins were worth more than $1 billion at the end of 2013

since the publication of the paper, the real identity of Nakamoto has long been unknown to the outside world. Julian Assange, founder of WikiLeaks, claims that Nakamoto is a cypherpunk. In addition, some people said that "Nakamoto is an anarchist. His original intention is not to control digital cryptocurrency by a certain government or central bank, but to become a global free flowing currency that is not regulated and controlled by the government."

main entry: bitcoin history

on November 1, 2008, Nakamoto published a paper entitled "bitcoin: a point-to-point e-cash system" in the cryptography mailing list of "metzdowd. Com". This paper describes in detail how to create a decentralized electronic trading system, and this system does not need to be built on the basis of mutual trust between the two parties. Soon, on January 3, 2009, he developed the first client program to implement the bitcoin algorithm, concted the first "mining" and obtained the first batch of 50 bitcoins. This also marks the formal birth of bitcoin financial system

on December 5, 2010, ring the WikiLeaks leak of US diplomatic cables, the bitcoin community appealed to WikiLeaks to accept bitcoin donations to break the financial blockade. Nakamoto expressed his firm opposition, saying that bitcoin is still in its infancy and cannot afford conflicts and disputes. Seven days later, on December 12, he published his last article in the bitcoin forum, mentioning some minor problems in the latest version of the software. Then he did not show up and e-mail communication was graally terminated

4. The miner is used all the time. It consumes too much electricity

5. I can't turn my head around. The exchange is just an intermediary. Every transaction is a transaction between user a and user B. I use 100 yuan to buy one of your coins, which has nothing to do with the exchange. We rush in the coins and money. The exchange will never lose. The price rise is not without reason, but driven by the transaction price on the Internet. Stew I can only give you that, or do not understand, I do not think it is very helpful.

6. In China, this thing is resisted and violated to a certain extent. But there are a lot of bitcoin diggers abroad who are still making money
on the afternoon of December 5, the people's Bank of China issued the notice on preventing bitcoin risks, in which the people's Bank of China said that bitcoin is not a currency, but a virtual commodity. In addition, financial institutions and Payment institutions are not allowed to carry out business related to bitcoin
in order to avoid over hype of virtual commodities such as bitcoin in the name of "virtual currency" and damage the public interest and the legal tender status of RMB, the notice requires financial institutions and Payment institutions to correctly use the concept of currency in their daily work, pay attention to strengthening the ecation of public currency knowledge, and correctly understand currency, treat virtual commodities and virtual currency, and promote the development of virtual currency Rational investment, reasonable control of investment risk, and maintenance of their own property safety are included in the content of financial knowledge popularization activities, so as to guide the public to establish a correct concept of money and investment. I hope I can help you

7. Now it's no need to dig. Bitcoin is shut down

you are not well informed.

8. If it's very important, you also know that the price of bitcoin is very high, and one of them is too high. Since it's expensive, you should give it to professional people. If you can't recover it yourself, it's easy to lose data, so you can't find it back. Don't do it yourself!