Is bitcoin related to es
although bitcoin and Ethernet are both digital currencies, unlike bitcoin, the main purpose of Ethernet is not to build itself as a payment substitute, but to facilitate and monetize the operation of Ethereum, so that developers can build and run distributed applications
bitcoin, a blockchain based digital currency, is often regarded as a global safe haven asset like gold. In this age of global turmoil, even gold has become unreliable and may be confiscated as India has. Some people have begun to think that bitcoin can replace gold, because bitcoin not only has the reserve capacity of gold, but also has some capabilities that gold does not have, such as low handling charges, rapid transfer capacity, decentralization and so on. With the increasing popularity of bitcoin and the decreasing volatility, the status of gold has been threatened
will bitcoin shake the status of gold?
gold has a long history, almost as long as the history of human civilization, and has withstood numerous tests in history. Bitcoin is less than a decade old, but its value has risen sharply. There is no support behind bitcoin. Of course, since the end of the gold standard, there has been no support from other currencies, except that there is no support from the central bank behind bitcoin. It's hard to predict whether bitcoin will exist in the next decade, a hundred years or even a thousand years.
Blockchain technology is a new technology derived from the development of bitcoin economy, blockchain technology can effectively serve the bitcoin economy , they are interrelated. Bitcoin is a kind of virtual currency, which only circulates in a specific network economic environment, blockchain technology can not only be applied to the economy, but also can be used in all walks of life , which is their difference
Blockchain technologybecause blockchain technology is still a new proct at present, it has no accurate or definite definition and concept. In short, blockchain technology is a mode of data encryption management, which can protect data to a great extent. Blockchain technology is characterized by decentralization, openness, independence, security and anonymity. Its characteristics well adapt to the requirements of information protection and information disclosure in all walks of life. On the one hand, it ensures the security of data and avoids the interference of subjective emotions and system failures. On the other hand, data indivials can decide whether to hide their detailed information in the group to the greatest extent, so as to achieve the purpose of privacy protection
At the same time, there is no doubt that the blockchain technology is still in the state of preliminary development. The social understanding of it is not deep enough, and scholars are still in the stage of continuous exploration. Through the correct use, blockchain technology will bring many positive effects to the societyblockchain technology is not only the underlying technology of bitcoin, but also the core and infrastructure of bitcoin bitcoin has been running without any centralized organization operation and management. Later, bitcoin technology was abstracted, which was called blockchain technology or distributed ledger technology
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disadvantages of blockchain technology applied to digital currency:
first, there is no circulation management organization for "decentralization" blockchain technology is essentially a distributed database system with one-way linked list logic structure and P2P network design mode, which determines that there is no unified central control system for virtual currency based on blockchain technology
Second, it is difficult to effectively control the quantity supply the circulation of virtual currency based on blockchain technology is fixed, and according to Fisher Equation, the total transaction volume of the whole society under a certain price level in a certain period has a certain proportion with the required nominal currency volume, while the constant currency volume obviously can not meet the requirements of the growing total price of social goods Thirdly, "mining mechanism" is difficult to create recognized value bitcoin itself has no value and no national credit support. Some people think that "by continuously consuming computing power and energy to inject value into virtual currency", but it is obviously not the most efficient choice to consume millions of calculations in order to find a hash value that meets the requirements Fourthly, procers and early holders are easy to get high seigniorage any virtual currency based on blockchain technology is held by a few people at the initial stage of its development. Take bitcoin as an example. At first, bitcoin was only a proct of a few people's game. The first bitcoin purchase in May 2010 was $10000 BTC's purchase of $25 pizza. The first bitcoin transaction completed in July of the same year was $0.04/btcrelationship between blockchain and bitcoin: bitcoin used to be one of the most successful applications of blockchain technology. Specifically, the blockchain is a series of data blocks generated by the use of cryptography Association, and each data block contains the information of effective confirmation of multiple bitcoin network transactions. It can be said that bitcoin is a "killer application" of blockchain idea. Blockchain is the underlying technology of bitcoin, but its role is not limited to bitcoin.
2? This is the funniest game. The so-called "10 for 10" is meaningless to split one's own stock into two, and change one's own 100 Yuan paper into two pieces of 50 Yuan paper. If bitcoin is set to 1:10, it is not equal to the so-called 1:10.. What's the value
3, the problem of net worth growth? The stock represents the company, which has land and land. If the weather is good, the net value will increase year after year, and the land in the hands of landlords will be more and more, but it seems that it has nothing to do with our small shareholders. For example? Can I exchange Maotai shares for a bottle of Maotai wine? For example, can I exchange bank shares for a banking department? I have 10000 bank shares. I'm a shareholder, but I'm old. Can the bank ask me to look at the gate of the bank? If there is a natural or man-made disaster, such as the explosion of Sinopec, stone milk powder, or a profit transfer, someone else will buy 3000 computers, and the listed company's account will change to 3 in case, what can we do? Can you protest strongly? Or can I withdraw
4. As for the problem of large shareholders, more than 5% of the shares can be listed, but the total assets of my generation, my next generation and my next generation can not be listed. It seems that it is empty talk. I will never have the right to speak. At least I haven't seen that small shareholders' online voting can change the company's resolutions, let alone the company's daily resolutions... I believe that the security guards will drive me out before I get to the door of the listed company
5. Gambling is not allowed in a certain country. It seems that the stock market is a legal gambling market. Of course, everyone knows that the final winner is the casino. But since it's a gamble, now that there are so many gambling instries, it's better to watch a game at the weekend. Who will win the gamble and put on the hundreds of dollars that are idle for your body and mind?