Why did BCH not eliminate BTC
in short, it is a redistribution of computing power driven by interests.
in the coin circle, there are only BTC and other counterfeit coins
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
bitcoin (BTC) is the most popular digital currency in the world. The spread occurred on August 1, 2017. In a "hard fork" event, a new digital currency called bitcoin cash (BCH) was born
e to version switching, bitcoin blockchain is bifurcated into two independent blockchains. Everyone who owns bitcoin before the fork is entitled to the same amount of "bitcoin cash" tokens, similar to a dividend in a stock
bitcoin cash (BCH) is a new version of bitcoin with different configurations launched by a small number of bitcoin developers. It is a new type of blockchain asset. On August 1, 2017, the mining of bitcoin cash will begin, and each bitcoin investor will have the same amount of bitcoin cash (BCH) in his account
extended data
currency features
Decentralization: bitcoin is the first distributed virtual currency, and the whole network is composed of users without a central bank. Decentralization is the guarantee of bitcoin's security and freedom
Global Circulation: bitcoin can be managed on any computer connected to the Internet. No matter where you are, anyone can dig, buy, sell or collect bitcoin
exclusive ownership: private key is required to manipulate bitcoin, which can be stored in any storage medium in isolation. No one can get it except the user himself
low transaction cost: bitcoin can be remitted free of charge, but a transaction fee of about 1 bitfen will be charged for each transaction to ensure faster transaction execution
no hidden cost: as a means of payment from a to B, bitcoin has no cumbersome quota and proceres. If you know the other party's bitcoin address, you can pay
cross platform Mining: users can explore the computing power of different hardware on many platforms
reference source:
network bitcoin
1. Virtual currency in China is mainly a tool of speculation, and the actual application scenarios are less, but there are also some application-oriented digital currencies, such as Fuyuan coin, a business integral system in the jewelry instry, but the impact is small
2. Some criminals use bitcoin or virtual currency as a pretext for pyramid selling fraud. These pyramid selling activities are increasingly rampant, which seriously affects the development of bitcoin and other virtual currencies, and the government fails to crack down
3. China adopts a cold attitude towards virtual currency, which limits the development of bitcoin, denies its monetary attribute, and forbids financial institutions to carry out bitcoin related business
4. Virtual currency has the risk of money laundering, and anonymous transaction is easy to be used by criminals
5. The security of digital currency needs to be studied. Previously, there were many cases of platform theft in China, such as bitcoin piggy bank, biter and so on.
One hundred means a hundred yuan coin in meters
Internet language has the meaning of joking, and young people usually use other expressions to replace the original meaning of Chinese characters on the Internet. It's usually said that 100 yuan is 100 yuan. For young people in the Internet age, this kind of saying will be out of date, and then there is the saying of one meter
it's not more than 2000 meters to buy a pair of sneakers, but more than 2000 meters. If you ask others about the price of a certain item, you will ask how many meters. This is a new and popular usage in online chat
the reasons for using the network language of one meter are as follows:
1. To increase interest, how much money to use directly in online chat will make the other party feel different, for example, it will make the other party feel that you are showing off, and how many meters to use at this time will rece this feeling
To avoid harmony, some online communication platforms will block the concept of money. In order to avoid being banned, it is to use how many meters instead of moneyThe 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
bitcoin (BTC) is the most popular digital currency in the world. The spread occurred on August 1, 2017. In a "hard fork" event, a new digital currency called bitcoin cash (BCH) was born
e to version switching, bitcoin blockchain is bifurcated into two independent blockchains. Everyone who owns bitcoin before the fork is entitled to the same amount of "bitcoin cash" tokens, similar to a dividend in a stock
bitcoin cash (BCH) is a new version of bitcoin with different configurations launched by a small number of bitcoin developers. It is a new type of blockchain asset. On August 1, 2017, the mining of bitcoin cash will begin, and each bitcoin investor will have the same amount of bitcoin cash (BCH) in his account
extended data
currency features
Decentralization: bitcoin is the first distributed virtual currency, and the whole network is composed of users without a central bank. Decentralization is the guarantee of bitcoin's security and freedom
Global Circulation: bitcoin can be managed on any computer connected to the Internet. No matter where you are, anyone can dig, buy, sell or collect bitcoin
exclusive ownership: private key is required to manipulate bitcoin, which can be stored in any storage medium in isolation. No one can get it except the user himself
low transaction cost: bitcoin can be remitted free of charge, but a transaction fee of about 1 bitfen will be charged for each transaction to ensure faster transaction execution
no hidden cost: as a means of payment from a to B, bitcoin has no cumbersome quota and proceres. If you know the other party's bitcoin address, you can pay
cross platform Mining: users can explore the computing power of different hardware on many platforms
reference source:
network bitcoin