BTC for usdt
BTC, usdt, ETH, BCH, LTC mean respectively:
1, BTC
bitcoin. The concept was first proposed by Nakamoto in 2009. According to Nakamoto's idea, the open source software is designed and released, and the P2P network is built on it. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system
2, usdt
TEDA currency is a virtual currency that links cryptocurrency with legal currency US dollar, and is a virtual currency kept in foreign exchange reserve account and supported by legal currency
EthEthereum is an open source public blockchain platform with intelligent contract function, which provides decentralized Ethereum virtual machine to process point-to-point contract through its special cryptocurrency ether
4. BCH
bitcoin cash is a new version of bitcoin with different configurations launched by a small number of bitcoin developers
at 20:20 on August 1, 2017, bitcoin cash starts mining, and each bitcoin investor's account will have the same amount of bitcoin cash (BCH)
5, LTC
litecoin, abbreviated as LTC, currency symbol: & # 321;; It is a kind of network currency based on "peer-to-peer" technology. It is also an open source software project under MIT / X11 license. It can help users make instant payments to anyone in the world
source of reference: network bitcoin
source of reference: network TEDA coin
source of reference: network Ethereum
source of reference: network bitcoin cash
source of reference: network letcoin
source of reference: Network
unlike all 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 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
2. TEDA coin (usdt) is a token launched by tether company, which is based on the stable value currency US dollar (USD). 1 usdt = 1 US dollar. Users can use usdt to exchange 1:1 with USD at any time. Tether company strictly abides by the 1:1 reserve guarantee, that is, for each usdt token issued, its bank account will have a capital guarantee of $1. Users can query funds on the tether platform to ensure transparency
TEDA currency is a virtual currency that links cryptocurrency with legal currency US dollar. Each TEDA coin is symbolically associated with government supported legal tender. TEDA currency is a virtual currency kept in the foreign exchange reserve account and supported by legal tender. This method can effectively prevent the price fluctuation of cryptocurrency. Basically, the value of a TEDA currency is equal to US $1
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In 2017, a global popular virtual currency is constantly brushing people's eyes
first, there was an outbreak of "blackmail" virus that raged all over the world. Hackers openly claimed that if they wanted to avoid "blackmail", they would have to hand in a certain amount of bitcoin
then, the Central Bank of China announced a ban on bitcoin trading in China, and the price of bitcoin plummeted
what is bitcoin
bitcoin is a virtual currency concept put forward by a person named "Nakamoto Tsung" in 2009. It does not rely on the issuance of government monetary institutions, but is generated through a series of complex programs and algorithms on the open Internet. Moreover, the total number of bitcoin is permanently limited to 21 million
again, the price of bitcoin is too high and the cost is getting higher and higher how many people can afford this invisible virtual coin without physical mortgage
to sum up, it is too early to say that bitcoin is a fraud, and it is too far fetched to say that it is the trend of the times
but for leek people like me, it's better not to touch such a virtual currency
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