What is bitcoin infinite BCX

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1. bitcoin:

also known as "bitcoin", is a kind of network virtual currency. Internet users can use bitcoin to buy some virtual goods, such as clothes, hats and equipment in online games. Internet users can also use bitcoin to buy real goods

2. The origin of bitcoin: the concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's idea, the open source software was designed and released, and the P2P network on it was constructed. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system

unlike most 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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the generation principle of bitcoin:

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

compared with RMB, bitcoin is the serial number of RMB. If you know the serial number of a note, you will 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

2. The concept of 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
the essence of bitcoin is actually a 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. 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.

3. Mining should not be done with a-card

4. No, the total amount of bitcoin is constant. There are only 21 million bitcoins in total, which are determined by the program. No one can tamper with them. Even the founder, Nakamoto Tsung, can't issue additional bitcoin. That's why so many people compare bitcoin to digital gold.

5. The total amount of bitcoin is 21 million, which cannot be increased indefinitely. It's stipulated by Nakamoto. First of all, the purpose of bitcoin is to make up for the deficiency of the existing centralized currency. The unlimited issuance of centralized currency is a major factor incing inflation. Therefore, decentralized bitcoin cannot be increased indefinitely.

6. Bitcoin is a kind of P2P digital code. Bitcoin is not issued by specific currency institutions, it is generated by a large number of calculations based on 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 nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction
bitcoin is a digital currency designed in January 2009 by a mysterious man named Satoshi Nakamoto who deliberately conceals his true identity. Nakamoto advocates that bitcoin allows users to complete payment in a decentralized, peer-to-peer network, without requiring a central clearing center or financial institutions to clear transactions. Users only need internet connection and bitcoin software to pay to another public account or address
but just because bitcoin continued to mine on its own at the beginning of its release, it hoarded a lot of bitcoin in its own hands, which destroyed the original intention of bitcoin decentralization. Finally, the future of bitcoin will be the dictatorship of Nakamoto
in this regard, bitcoin is far less than the rising star represented by infinite coin who does not steal. In addition, the total amount of bitcoin is too small (only 21 million, but it will take more than 100 years to complete), the speed of transaction confirmation is slow (it takes up to one hour to confirm a transaction), and the phenomenon of stealing bitcoin is serious (Nakamoto has a huge amount of bitcoin in his hand), New virtual currencies, such as unlimited money, have been fully made up at the beginning of development, and even have great advantages compared with bitcoin. It can be said that the new virtual currency represented by unlimited currency is more fair to every ordinary person and more suitable for daily actual transaction payment. It will eventually replace bitcoin and become a truly recognized virtual currency in the future.

7. The thief retreats to show the officials. Bingxu (Yuanjie) playing with his younger brother from Nanzhai, remembering Shanyin, Cui Shaofu [2] (Wang Changling)

8. It's also the bifurcation of bitcoin. The most special thing is that the team is anonymous and can't find any information about the team on the Internet. However, there are a lot of news about BCX recently. It's not long since the main online line announced that it would support the smart contract in advance. It's the first time that it has been cut off by so many projects. Another good thing is that the transaction speed of BCX has increased to at least 170 transactions per second, which is still not on dpos. So to sum up this project, I personally think it can be held for a long time.