BTC weekly
Publish: 2021-04-16 09:35:00
1.
Who is Nakamoto? Why are people so curious about him? This person, who calls himself Nakamoto Tsung, said that he lost his bitcoin, not one or two, but a lot. What does 980000 bitcoins mean
so we should take a calm attitude towards bitcoin
so far, no one knows the true face of this Nakamoto. Even his so-called 980000 bitcoins are skeptical
because, generally, people who are really rich are disdainful of showing off their wealth
2. In order to understand the technical principle of bitcoin, we need to understand two important cryptographic techniques: hash code: it converts a long string into a fixed length string, and its conversion is irreversible, that is, it is impossible to guess the original string from hash code. Sha256 is mainly used in bitcoin protocol
public key system: corresponds to a public key and a private key, keeps the private key in the application and publishes the public key. When Party A transmits information to Party B, it can use Party A's private key to encrypt the information, and Party B can use Party A's public key to decrypt the information, so as to ensure that the third party cannot impersonate Party A to send the information; At the same time, when Party A transmits information to Party B, it is encrypted with Party B's public key and sent to Party B, and then Party B decrypts it with his own private key, so as to ensure that the third party cannot eavesdrop on the communication between the two people. RSA is the most common public key system, but the lliptic curve digital signature algorithm is used in bitcoin protocol. What's the difference between cash and bank account? Bitcoin is an electronic currency in BTC. In this article, it is also used to refer to the whole bitcoin system. Like opening an account in a bank, the corresponding concept in bitcoin is address. Everyone can have one or more bitcoin addresses, which are used to pay and collect money. Each address is a string that starts with 1. For example, I have two bitcoin accounts, and. A bitcoin account is uniquely determined by a pair of public key and private key. To save the account, you only need to save the private key file. Unlike bank accounts, banks keep all transaction records and maintain the book balance of each account, while bitcoin's transaction records are jointly maintained by the whole P2P network through a pre agreed protocol. How much money is in my account address? Although the current account balance can be seen by bitcoin software, unlike banks, there is no place to maintain the book balance of each address. It can only calculate the account balance in real time through all historical transactions. How do I pay? When I pay from address a to address B of the other party, the payment amount is e. at this time, both parties will announce the transaction information to each network node, telling address a to pay to address B, and the payment amount is e. In order to prevent the third party from forging the transaction information, the transaction information will be encrypted with the private key of address A. at this time, the network node receiving the transaction information can use the public key of address a to verify that the transaction information is indeed sent by address a. Of course, trading software will help us do these things, we just need to input the relevant parameters in the software. What will the network node do after receiving the transaction information? This is the most important part of the bitcoin system, which needs to be elaborated. For the sake of simplicity, only bitcoin protocol has been implemented. In the current version, each network node will save all transaction information synchronously. There are two kinds of transaction information in history, one is & quot; Verified & quot; The transaction information, that is, the verified transaction information, is stored in a series of "blocks". Each & quot; block" Is the previous & quot; bock" The ID of each block is the hash code of the hash code of the block and the new transaction information (see an actual block). The other category refers to those who also & quot; Unverified & quot; The transaction information just paid above belongs to this category. When a network node receives new unverified transaction information (possibly more than one), it can calculate the book balance of each address at that time because the node keeps all the transaction information in history, so it can calculate whether the transaction information is valid, that is, whether there is enough balance in the payment account. After eliminating the invalid transaction information, it first takes out the last & quot; block" Then, the unverified transaction information is combined with the ID, and a verification code is added to form a new "block". It needs a lot of calculation to build a new block, because it needs to calculate the verification code, so that the above combination becomes a block, that is, the first several bits of the hash code of the block are 1. At present, the first 13 bits need to be 1 (generally, the specific method is uncertain), which means that if the block is generated by enumeration method, the average number of enumerations is 16 ^ 13. Using CPU resources to generate a block is called "gold mining", because the proction of the block will get a certain reward, and the reward information has been included in the block. When a network node generates a new block, it will broadcast to other network nodes. However, this network block may not be accepted by the network, because it is possible that other network nodes have proced the block earlier. Only the earliest block or the block with the largest number of subsequent blocks is valid, and the remaining blocks are no longer used as the initial blocks of the next block. How does the other party confirm that the payment is successful? When the payment information is distributed to the network node, the network node begins to calculate whether the transaction is valid (that is, whether the account balance is enough to pay), and attempts to generate blocks containing the transaction information. When six blocks (one direct block and five subsequent blocks) contain the transaction information, the transaction information is considered "verified", so that the transaction is formally confirmed, and the other party can confirm the successful payment. A possible problem is that I will pay the balance of address a to address B, and at the same time pay to address C. If I only verify that the single comparison transaction is valid. At this point, my way of cheating is to generate six blocks including B to B and six blocks including C to C before the truth is revealed. Because I need a very long CPU time to generate a block, compared with the whole network, the probability of my cheating success is very small. What is the motivation of network nodes to proce blocks? As can be seen from the above description, in order to make the transaction information effective, the network node needs to generate 1 and 5 subsequent blocks to contain the transaction information, and such block generation is very CPU intensive. How to let other network nodes help to proce blocks as soon as possible? The answer is very simple. The agreement stipulates that BTC will be rewarded for the address where the block is proced, as well as the Commission promised by both parties. At present, the reward for procing a block is 50btc, which will be halved every four years in the future. For example, the reward will be 25btc from 2013 to 2016. Is the transaction anonymous? Yes, and No. All bitcoin transactions are visible. We can check all transaction records of each account, such as mine. But what's different from the banking monetary system is that everyone's account itself is anonymous, and everyone can open many accounts. In general, anonymity is not as good as it claims. But bitcoin has another advantage in doing black market trading: it can't be frozen. Even if the police trace a bitcoin address, there is nothing they can do unless they trace the computer used by the exchange based on the Internet address. How to ensure that bitcoin does not depreciate? Generally speaking, in the case of equivalent trading activities, the value of money is inversely proportional to the amount of money issued. Unlike the traditional money market, the central bank can determine the amount of money issued. Bitcoin does not have a central issuing institution. Only by procing blocks can we get a certain amount of BTC currency. Therefore, bitcoin's new amount of money depends on: 1. The speed of procing blocks: bitcoin's agreement stipulates that the difficulty of procing blocks is fixed at an average of 2016 every two weeks, about 10 minutes. Moore's law of doubling CPU speed every 18 months will not speed up the proction of block. 2. The number of rewards for block proction: at present, 50 BTC is awarded for each block proced, which is halved every four years. In 2013, 25 BTC is awarded, and in 2017, 12.5 BTC is awarded. Considering the above two factors, bitcoin's currency issuing speed is not controlled by any single node in the network. Its protocol makes the currency stock known in advance, and the maximum stock is only 21 million BTC
public key system: corresponds to a public key and a private key, keeps the private key in the application and publishes the public key. When Party A transmits information to Party B, it can use Party A's private key to encrypt the information, and Party B can use Party A's public key to decrypt the information, so as to ensure that the third party cannot impersonate Party A to send the information; At the same time, when Party A transmits information to Party B, it is encrypted with Party B's public key and sent to Party B, and then Party B decrypts it with his own private key, so as to ensure that the third party cannot eavesdrop on the communication between the two people. RSA is the most common public key system, but the lliptic curve digital signature algorithm is used in bitcoin protocol. What's the difference between cash and bank account? Bitcoin is an electronic currency in BTC. In this article, it is also used to refer to the whole bitcoin system. Like opening an account in a bank, the corresponding concept in bitcoin is address. Everyone can have one or more bitcoin addresses, which are used to pay and collect money. Each address is a string that starts with 1. For example, I have two bitcoin accounts, and. A bitcoin account is uniquely determined by a pair of public key and private key. To save the account, you only need to save the private key file. Unlike bank accounts, banks keep all transaction records and maintain the book balance of each account, while bitcoin's transaction records are jointly maintained by the whole P2P network through a pre agreed protocol. How much money is in my account address? Although the current account balance can be seen by bitcoin software, unlike banks, there is no place to maintain the book balance of each address. It can only calculate the account balance in real time through all historical transactions. How do I pay? When I pay from address a to address B of the other party, the payment amount is e. at this time, both parties will announce the transaction information to each network node, telling address a to pay to address B, and the payment amount is e. In order to prevent the third party from forging the transaction information, the transaction information will be encrypted with the private key of address A. at this time, the network node receiving the transaction information can use the public key of address a to verify that the transaction information is indeed sent by address a. Of course, trading software will help us do these things, we just need to input the relevant parameters in the software. What will the network node do after receiving the transaction information? This is the most important part of the bitcoin system, which needs to be elaborated. For the sake of simplicity, only bitcoin protocol has been implemented. In the current version, each network node will save all transaction information synchronously. There are two kinds of transaction information in history, one is & quot; Verified & quot; The transaction information, that is, the verified transaction information, is stored in a series of "blocks". Each & quot; block" Is the previous & quot; bock" The ID of each block is the hash code of the hash code of the block and the new transaction information (see an actual block). The other category refers to those who also & quot; Unverified & quot; The transaction information just paid above belongs to this category. When a network node receives new unverified transaction information (possibly more than one), it can calculate the book balance of each address at that time because the node keeps all the transaction information in history, so it can calculate whether the transaction information is valid, that is, whether there is enough balance in the payment account. After eliminating the invalid transaction information, it first takes out the last & quot; block" Then, the unverified transaction information is combined with the ID, and a verification code is added to form a new "block". It needs a lot of calculation to build a new block, because it needs to calculate the verification code, so that the above combination becomes a block, that is, the first several bits of the hash code of the block are 1. At present, the first 13 bits need to be 1 (generally, the specific method is uncertain), which means that if the block is generated by enumeration method, the average number of enumerations is 16 ^ 13. Using CPU resources to generate a block is called "gold mining", because the proction of the block will get a certain reward, and the reward information has been included in the block. When a network node generates a new block, it will broadcast to other network nodes. However, this network block may not be accepted by the network, because it is possible that other network nodes have proced the block earlier. Only the earliest block or the block with the largest number of subsequent blocks is valid, and the remaining blocks are no longer used as the initial blocks of the next block. How does the other party confirm that the payment is successful? When the payment information is distributed to the network node, the network node begins to calculate whether the transaction is valid (that is, whether the account balance is enough to pay), and attempts to generate blocks containing the transaction information. When six blocks (one direct block and five subsequent blocks) contain the transaction information, the transaction information is considered "verified", so that the transaction is formally confirmed, and the other party can confirm the successful payment. A possible problem is that I will pay the balance of address a to address B, and at the same time pay to address C. If I only verify that the single comparison transaction is valid. At this point, my way of cheating is to generate six blocks including B to B and six blocks including C to C before the truth is revealed. Because I need a very long CPU time to generate a block, compared with the whole network, the probability of my cheating success is very small. What is the motivation of network nodes to proce blocks? As can be seen from the above description, in order to make the transaction information effective, the network node needs to generate 1 and 5 subsequent blocks to contain the transaction information, and such block generation is very CPU intensive. How to let other network nodes help to proce blocks as soon as possible? The answer is very simple. The agreement stipulates that BTC will be rewarded for the address where the block is proced, as well as the Commission promised by both parties. At present, the reward for procing a block is 50btc, which will be halved every four years in the future. For example, the reward will be 25btc from 2013 to 2016. Is the transaction anonymous? Yes, and No. All bitcoin transactions are visible. We can check all transaction records of each account, such as mine. But what's different from the banking monetary system is that everyone's account itself is anonymous, and everyone can open many accounts. In general, anonymity is not as good as it claims. But bitcoin has another advantage in doing black market trading: it can't be frozen. Even if the police trace a bitcoin address, there is nothing they can do unless they trace the computer used by the exchange based on the Internet address. How to ensure that bitcoin does not depreciate? Generally speaking, in the case of equivalent trading activities, the value of money is inversely proportional to the amount of money issued. Unlike the traditional money market, the central bank can determine the amount of money issued. Bitcoin does not have a central issuing institution. Only by procing blocks can we get a certain amount of BTC currency. Therefore, bitcoin's new amount of money depends on: 1. The speed of procing blocks: bitcoin's agreement stipulates that the difficulty of procing blocks is fixed at an average of 2016 every two weeks, about 10 minutes. Moore's law of doubling CPU speed every 18 months will not speed up the proction of block. 2. The number of rewards for block proction: at present, 50 BTC is awarded for each block proced, which is halved every four years. In 2013, 25 BTC is awarded, and in 2017, 12.5 BTC is awarded. Considering the above two factors, bitcoin's currency issuing speed is not controlled by any single node in the network. Its protocol makes the currency stock known in advance, and the maximum stock is only 21 million BTC
3. 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
unlike all currencies, bitcoin does not rely on a specific currency institution to issue. It is generated by a large number of calculations based on a specific algorithm. 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
on December 17, 2017, bitcoin reached an all-time high of $19850. On July 27, 2020, bitcoin broke through the $10000 mark again [2]<
Chinese name
bitcoin
foreign name
bitcoin
type
encrypted digital currency
circulation platform
Network
founder
Nakamoto Tsung
quick
navigation
founder generation principle currency characteristics currency trading legal status external evaluation
development process
what is the single bitcoin selected
01:07
from the transaction of things In 2008, the global financial crisis broke out. On November 1 of the same year, a person who called himself Satoshi Nakamoto published the white paper bitcoin: a peer-to-peer e-cash system [6] on the P2P foundation website, stating his new idea of e-money bitcoin came out. On January 3, 2009, bitcoin Genesis block was born
there are three bitcoins in total
compared with legal tender, bitcoin does not have a centralized issuer, but is generated by the calculation of network nodes. Anyone can participate in the manufacture of bitcoin, and it can circulate all over the world. It can be bought and sold on any computer connected to the Internet. No matter where they are, anyone can dig, buy, sell or receive bitcoin, And in the transaction process, foreigners can not identify the user's identity information. On January 5, 2009, bitcoin, which is not controlled by the central bank and any financial institutions, was born. Bitcoin is a kind of digital currency, which is composed of a series of complex codes generated by computer. The new bitcoin is made by preset program
whenever bitcoin comes into the view of mainstream media, mainstream media always ask some mainstream economists to analyze bitcoin. Earlier, these analyses always focused on whether bitcoin was a scam. Now the analysis is always focused on whether bitcoin can become the mainstream currency in the future. The focus of the debate is often on the deflationary nature of bitcoin[ 7]
many bitcoin players are attracted by the fact that bitcoin can not be added at will. Contrary to the attitude of bitcoin players, economists have a polarized attitude towards the fixed amount of 21 million bitcoin
Keynesian economists believe that the government should actively regulate the total amount of money, and use the tightness of monetary policy to timely fuel or brake the economy. As a result, they believe that bitcoin's fixed aggregate currency sacrifices its adjustability, and worse still, it will inevitably lead to deflation, thereby harming the overall economy. Austrian economists hold the opposite view. They think that the less the government intervenes in money, the better. The deflation caused by the fixed amount of money is not a big deal, even a sign of social progress
bitcoin network generates new bitcoin through "mining". In essence, the so-called "mining" is to use computers to solve a complex mathematical problem to ensure the consistency of bitcoin network distributed accounting system. Bitcoin network will automatically adjust the difficulty of mathematical problems, so that the whole network will get a qualified answer about every 10 minutes. Then bitcoin network will generate a certain amount of bitcoin as block reward to reward the person who gets the answer[ 6]
in 2009, when bitcoin was born, block rewards were 50 bitcoins. Ten minutes after its birth, the first 50 bitcoins were generated, and the total amount of money at this time is 50. Then bitcoin grew at a rate of about 50 every 10 minutes. When the total amount reaches 10.5 million (50% of 21 million), the block reward will be halved to 25. When the total amount reaches 15.75 million (5.25 million new output, i.e. 50% of 1050), the block reward will be further halved to 12.5. The monetary system used to have no more than 10.5 million in four years, after which the total number will be permanently limited to about 21 million[ 3]
bitcoin is a virtual currency with limited quantity, but it can be used to cash out: it can be converted into the currency of most countries. You can use bitcoin to buy some virtual items, such as clothes, hats, equipment, etc. in online games. As long as someone accepts it, you can also use bitcoin to buy real-life items
on February 25, 2014, the opening price of "bitcoin China" was 3562.41 yuan. By 4:40 p.m., the price had dropped to 3185 yuan, down more than 10%. According to the historical market data of the platform, on January 27, 2014, 1 bitcoin could be exchanged for 5032 yuan. This means that in less than a month on the platform, the price of bitcoin has dropped by 36.7%
on September 9 of the same year, the US e-commerce giant eBay announced that Braintree, its payment processing subsidiary, would start accepting bitcoin payments. The company has entered into a partnership with coinbase, a bitcoin trading platform, to begin to accept this relatively new means of payment
although the eBay market trading platform and paypal business do not accept bitcoin payment, Braintree customers such as airbnb, a travel house rental community, and Uber, a car rental service, will be able to start accepting this virtual currency. Braintree, whose main business is to provide payment processing software to enterprises, was acquired by eBay in 2013 for about $800 million
on the evening of January 22, 2017, fire coin, bitcoin China and okcoin announced on their respective official websites that in order to further curb speculation and prevent drastic price fluctuations, all platforms will start to collect transaction service fees from 12:00 noon on January 24, and the service fees will be charged at a fixed rate of 0.2% of the transaction amount, and the active transaction and passive transaction rates are the same[ 8] On May 5, according to the latest data of okcoin, the price of bitcoin has just set a new record, reaching a high of 9222 yuan by the time of publication. From 12:00 noon on January 24, China's three major bitcoin platforms officially began to collect transaction fees. On September 4, the central bank and other seven ministries and commissions announced that China banned virtual currency trading
on December 17 of the same year, bitcoin reached an all-time high of $19850
on November 25, 2018, bitcoin broke the $4000 mark and then stabilized at more than $3000[ 9] On November 19, cryptocurrency resumed its decline, and bitcoin fell to the $5000 mark for the first time since October 2017, e to BCH's hard bifurcations and the regulatory authorities' enhanced scrutiny of the initial token issue (ICO)[ 9] At 4:30 a.m. on November 21, the offer of bitcoin on the coinbase platform fell below $4100, a 13 month low
in April 2019, bitcoin broke the $5000 mark again, reaching a new high in the year[ 10] On May 12, bitcoin broke through $7000 for the first time in nearly eight months[ 11] On May 14, according to the offer of coin market cap, bitcoin stood at $8000, up 14.68% in 24 hours[ 12]
on June 22 of the same year, the price of bitcoin broke through the $10000 mark. Bitcoin prices fluctuated around 10200, rising nearly 7% in 24 hours[ 13] On June 26, the price of bitcoin broke through $12000, a 17 month high since January last year[ 14] In the morning of June 27, the price of bitcoin was close to $14000, reaching a new high of the year[ 15]
on February 10, 2020, bitcoin broke through $10000. According to trading data, bitcoin's price rose more than 3%, breaking the psychological limit of $10000 for the first time since October 26 last year[ 16]
on March 12, according to the data of bitstamp, the cryptocurrency trading platform, the lowest price of bitcoin dropped to US $5731 at 19:44[ 17]
on May 8, bitcoin broke through the $10000 mark, a new high since February[ 18]
from 8:00 a.m. on May 10, the unit price of bitcoin fell by thousands of dollars from $9500 in half an hour, with the lowest price falling below $8200 and the highest price difference exceeding $1400[ 19]
at 6 p.m. on July 26, bitcoin rose rapidly for a short time, reaching a maximum of 10150.15usdt, with a maximum increase of more than 4% within the day. This is the first time since June 2, 2020 that bitcoin has exceeded the $10000 level[ 2]
bitcoin has been "forked" more than 100 times in two years. How about those forked coins now
a financial book
like 67
reading 6113
it's easy to be attacked by hackers and ask for bitcoin! Network threat has been related to the life and death of enterprises<
heart of rock
Zan 18
reading 1886
I bet that bitcoin will never die out
entrepreneurial state
Zan 96
reading 15000
visiting bitcoin mine in Xinjiang
Huchou net
Zan 27
reading 4553
overseas mining rise: batch construction of us factories, On November 1, 2008, a self styled Satoshi Nakamoto published a bitcoin white paper, bitcoin: a peer-to-peer electronic cash system, on the P2P foundation website, stating his new idea of electronic money bitcoin came out
Wang yuexinyi, Professor of mathematics at Kyoto University, was born on January 3, 2009. Bitcoin uses distributed ledger to get rid of the constraints of third-party institutions, which Nakamoto calls "blockchain". Users are willing to dedicate the computing power of CPU and run a special software to be a "digger", which will form a network to maintain the "regional chain". In the process, they also generate new money. Business is also extended on this network. Computers running this software are scrambling to solve the problem of irreversible code, which contains several business data. The first miner to deal with the problem will get a 50 bitcoin reward, and the relevant trading area will join the chain. As the number of "miners" increases, the difficulty of each puzzle also increases, which keeps the proctivity of bitcoin in each trading area at about 10 minutes
in 2009, Nakamoto designed a digital currency, namely bitcoin. The booming bitcoin market has gone up and down, and the identity of its founder "Nakamoto" has always been a mystery. Rumors about "the father of bitcoin" involve from the US National Security Agency to financial experts, and also give bitcoin a mysterious aura
according to foreign media reports, computer scientist Ted Nelson released a video on the Internet on Sunday, saying that he has determined that the founder of bitcoin is Shinichi Mochizuki, a professor of mathematics at Kyoto University. The founders of bitcoin have always used
unlike all currencies, bitcoin does not rely on a specific currency institution to issue. It is generated by a large number of calculations based on a specific algorithm. 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
on December 17, 2017, bitcoin reached an all-time high of $19850. On July 27, 2020, bitcoin broke through the $10000 mark again [2]<
Chinese name
bitcoin
foreign name
bitcoin
type
encrypted digital currency
circulation platform
Network
founder
Nakamoto Tsung
quick
navigation
founder generation principle currency characteristics currency trading legal status external evaluation
development process
what is the single bitcoin selected
01:07
from the transaction of things In 2008, the global financial crisis broke out. On November 1 of the same year, a person who called himself Satoshi Nakamoto published the white paper bitcoin: a peer-to-peer e-cash system [6] on the P2P foundation website, stating his new idea of e-money bitcoin came out. On January 3, 2009, bitcoin Genesis block was born
there are three bitcoins in total
compared with legal tender, bitcoin does not have a centralized issuer, but is generated by the calculation of network nodes. Anyone can participate in the manufacture of bitcoin, and it can circulate all over the world. It can be bought and sold on any computer connected to the Internet. No matter where they are, anyone can dig, buy, sell or receive bitcoin, And in the transaction process, foreigners can not identify the user's identity information. On January 5, 2009, bitcoin, which is not controlled by the central bank and any financial institutions, was born. Bitcoin is a kind of digital currency, which is composed of a series of complex codes generated by computer. The new bitcoin is made by preset program
whenever bitcoin comes into the view of mainstream media, mainstream media always ask some mainstream economists to analyze bitcoin. Earlier, these analyses always focused on whether bitcoin was a scam. Now the analysis is always focused on whether bitcoin can become the mainstream currency in the future. The focus of the debate is often on the deflationary nature of bitcoin[ 7]
many bitcoin players are attracted by the fact that bitcoin can not be added at will. Contrary to the attitude of bitcoin players, economists have a polarized attitude towards the fixed amount of 21 million bitcoin
Keynesian economists believe that the government should actively regulate the total amount of money, and use the tightness of monetary policy to timely fuel or brake the economy. As a result, they believe that bitcoin's fixed aggregate currency sacrifices its adjustability, and worse still, it will inevitably lead to deflation, thereby harming the overall economy. Austrian economists hold the opposite view. They think that the less the government intervenes in money, the better. The deflation caused by the fixed amount of money is not a big deal, even a sign of social progress
bitcoin network generates new bitcoin through "mining". In essence, the so-called "mining" is to use computers to solve a complex mathematical problem to ensure the consistency of bitcoin network distributed accounting system. Bitcoin network will automatically adjust the difficulty of mathematical problems, so that the whole network will get a qualified answer about every 10 minutes. Then bitcoin network will generate a certain amount of bitcoin as block reward to reward the person who gets the answer[ 6]
in 2009, when bitcoin was born, block rewards were 50 bitcoins. Ten minutes after its birth, the first 50 bitcoins were generated, and the total amount of money at this time is 50. Then bitcoin grew at a rate of about 50 every 10 minutes. When the total amount reaches 10.5 million (50% of 21 million), the block reward will be halved to 25. When the total amount reaches 15.75 million (5.25 million new output, i.e. 50% of 1050), the block reward will be further halved to 12.5. The monetary system used to have no more than 10.5 million in four years, after which the total number will be permanently limited to about 21 million[ 3]
bitcoin is a virtual currency with limited quantity, but it can be used to cash out: it can be converted into the currency of most countries. You can use bitcoin to buy some virtual items, such as clothes, hats, equipment, etc. in online games. As long as someone accepts it, you can also use bitcoin to buy real-life items
on February 25, 2014, the opening price of "bitcoin China" was 3562.41 yuan. By 4:40 p.m., the price had dropped to 3185 yuan, down more than 10%. According to the historical market data of the platform, on January 27, 2014, 1 bitcoin could be exchanged for 5032 yuan. This means that in less than a month on the platform, the price of bitcoin has dropped by 36.7%
on September 9 of the same year, the US e-commerce giant eBay announced that Braintree, its payment processing subsidiary, would start accepting bitcoin payments. The company has entered into a partnership with coinbase, a bitcoin trading platform, to begin to accept this relatively new means of payment
although the eBay market trading platform and paypal business do not accept bitcoin payment, Braintree customers such as airbnb, a travel house rental community, and Uber, a car rental service, will be able to start accepting this virtual currency. Braintree, whose main business is to provide payment processing software to enterprises, was acquired by eBay in 2013 for about $800 million
on the evening of January 22, 2017, fire coin, bitcoin China and okcoin announced on their respective official websites that in order to further curb speculation and prevent drastic price fluctuations, all platforms will start to collect transaction service fees from 12:00 noon on January 24, and the service fees will be charged at a fixed rate of 0.2% of the transaction amount, and the active transaction and passive transaction rates are the same[ 8] On May 5, according to the latest data of okcoin, the price of bitcoin has just set a new record, reaching a high of 9222 yuan by the time of publication. From 12:00 noon on January 24, China's three major bitcoin platforms officially began to collect transaction fees. On September 4, the central bank and other seven ministries and commissions announced that China banned virtual currency trading
on December 17 of the same year, bitcoin reached an all-time high of $19850
on November 25, 2018, bitcoin broke the $4000 mark and then stabilized at more than $3000[ 9] On November 19, cryptocurrency resumed its decline, and bitcoin fell to the $5000 mark for the first time since October 2017, e to BCH's hard bifurcations and the regulatory authorities' enhanced scrutiny of the initial token issue (ICO)[ 9] At 4:30 a.m. on November 21, the offer of bitcoin on the coinbase platform fell below $4100, a 13 month low
in April 2019, bitcoin broke the $5000 mark again, reaching a new high in the year[ 10] On May 12, bitcoin broke through $7000 for the first time in nearly eight months[ 11] On May 14, according to the offer of coin market cap, bitcoin stood at $8000, up 14.68% in 24 hours[ 12]
on June 22 of the same year, the price of bitcoin broke through the $10000 mark. Bitcoin prices fluctuated around 10200, rising nearly 7% in 24 hours[ 13] On June 26, the price of bitcoin broke through $12000, a 17 month high since January last year[ 14] In the morning of June 27, the price of bitcoin was close to $14000, reaching a new high of the year[ 15]
on February 10, 2020, bitcoin broke through $10000. According to trading data, bitcoin's price rose more than 3%, breaking the psychological limit of $10000 for the first time since October 26 last year[ 16]
on March 12, according to the data of bitstamp, the cryptocurrency trading platform, the lowest price of bitcoin dropped to US $5731 at 19:44[ 17]
on May 8, bitcoin broke through the $10000 mark, a new high since February[ 18]
from 8:00 a.m. on May 10, the unit price of bitcoin fell by thousands of dollars from $9500 in half an hour, with the lowest price falling below $8200 and the highest price difference exceeding $1400[ 19]
at 6 p.m. on July 26, bitcoin rose rapidly for a short time, reaching a maximum of 10150.15usdt, with a maximum increase of more than 4% within the day. This is the first time since June 2, 2020 that bitcoin has exceeded the $10000 level[ 2]
bitcoin has been "forked" more than 100 times in two years. How about those forked coins now
a financial book
like 67
reading 6113
it's easy to be attacked by hackers and ask for bitcoin! Network threat has been related to the life and death of enterprises<
heart of rock
Zan 18
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I bet that bitcoin will never die out
entrepreneurial state
Zan 96
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visiting bitcoin mine in Xinjiang
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overseas mining rise: batch construction of us factories, On November 1, 2008, a self styled Satoshi Nakamoto published a bitcoin white paper, bitcoin: a peer-to-peer electronic cash system, on the P2P foundation website, stating his new idea of electronic money bitcoin came out
Wang yuexinyi, Professor of mathematics at Kyoto University, was born on January 3, 2009. Bitcoin uses distributed ledger to get rid of the constraints of third-party institutions, which Nakamoto calls "blockchain". Users are willing to dedicate the computing power of CPU and run a special software to be a "digger", which will form a network to maintain the "regional chain". In the process, they also generate new money. Business is also extended on this network. Computers running this software are scrambling to solve the problem of irreversible code, which contains several business data. The first miner to deal with the problem will get a 50 bitcoin reward, and the relevant trading area will join the chain. As the number of "miners" increases, the difficulty of each puzzle also increases, which keeps the proctivity of bitcoin in each trading area at about 10 minutes
in 2009, Nakamoto designed a digital currency, namely bitcoin. The booming bitcoin market has gone up and down, and the identity of its founder "Nakamoto" has always been a mystery. Rumors about "the father of bitcoin" involve from the US National Security Agency to financial experts, and also give bitcoin a mysterious aura
according to foreign media reports, computer scientist Ted Nelson released a video on the Internet on Sunday, saying that he has determined that the founder of bitcoin is Shinichi Mochizuki, a professor of mathematics at Kyoto University. The founders of bitcoin have always used
4. Bitcoin is a virtual encrypted digital currency in the form of P2P. The concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009
on November 1, 2008, a self styled Satoshi Nakamoto published a white paper on bitcoin, bitcoin: a peer-to-peer e-cash system, on the P2P foundation website, stating his new idea of e-money, bitcoin. On January 3, 2009, bitcoin Genesis block was born
warm tips:
1. The above explanations are for reference only, without any suggestions
2. Before investing, it is recommended that you first understand the risks existing in the project, and clearly understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market. Investment is risky, so we should be cautious when entering the market
response time: February 1, 2021. Please refer to the official website of Ping An Bank for the latest business changes
[Ping An Bank I know] want to know more? Come and see "Ping An Bank I know" ~
https://b.pingan.com.cn/paim/iknow/index.html
on November 1, 2008, a self styled Satoshi Nakamoto published a white paper on bitcoin, bitcoin: a peer-to-peer e-cash system, on the P2P foundation website, stating his new idea of e-money, bitcoin. On January 3, 2009, bitcoin Genesis block was born
warm tips:
1. The above explanations are for reference only, without any suggestions
2. Before investing, it is recommended that you first understand the risks existing in the project, and clearly understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market. Investment is risky, so we should be cautious when entering the market
response time: February 1, 2021. Please refer to the official website of Ping An Bank for the latest business changes
[Ping An Bank I know] want to know more? Come and see "Ping An Bank I know" ~
https://b.pingan.com.cn/paim/iknow/index.html
5.
Craig Wright, an Australian entrepreneur, publicly acknowledged that he was Satoshi Nakamoto, the founder of bitcoin, an online virtual currency, on the 24th. He revealed his identity to three well-known media, including the BBC, the economist and GQ
"Nakamoto Tsung" is the code name of the founder of bitcoin. Since the advent of bitcoin, many people have been exploring who "Nakamoto Tsung" is. Some even speculate that "Nakamoto Tsung" is not a specific indivial, but the code name of a group of computer experts
This admission by Craig Wright ends years of speculation about who invented bitcoin. Wright provided technical evidence and used bitcoin, which is known to be owned by the inventor of bitcoin, to support his claim. In a meeting with BBC reporters, Wright digitally signed the message with the code lock created ring the early development of bitcoin. These code locks are connected with the bitcoin group that is known to be created by Nakamoto, and cannot be cracked in a reverse way
shortly after Wright disclosed his identity, Gavin Andresen of bitcoin foundation expressed support for Wright's statement in his blog
the new Yorker, Newsweek and other media have been investigating to reveal the true identity of the inventors of bitcoin. They named some people and pointed out that they may be the inventors of bitcoin Newsweek published an article in March 2014, "Nakamoto" graated from California State Polytechnic University, is a Japanese American, physicist, train model collector and so on
in December 2015, wired and Gizmodo received documents believed to have been stolen from Wright, indicating that he was involved in the bitcoin project. Then they named Wright as the possible inventor of bitcoin
After the media broke the news, Australian authorities quickly searched Wright's residence. But Australian tax authorities said the search had nothing to do with bitcoin, but was a long-term investigation into tax issuesyou don't have to be famous
6. For many years, people only know that bitcoin was invented by a person who calls himself "Nakamoto", but no one knows who he is or whether he really is. It has been speculated that he may be an economist, the initiator of bitkin's proposal, or the Security Department of the United States or Russia<
Newsweek recently reported that after learning about Nakamoto's family and some bitcoin programmers, he found Nakamoto in San Bernardino, Southern California. He immigrated to California with his mother in 1959 and received a bachelor's degree in physics from Caltech
later, he changed his name to Dorian prentice<
according to the report, Nakamoto only vaguely admitted his connection with the bitcoin project, saying that he would no longer participate in the project, and refused to further discuss his relationship with the project
the report quoted him as saying: "the project has been handed over to other people, who are currently in charge of it and have no relationship with me any more."< However, in an interview with the associated press later, Nakamoto said that Newsweek misunderstood what he said. "What I said at the time sounded like I was involved in the bit project, but now it's gone. That's not what I wanted to say," he said. What I want to say is that I'm no longer involved in engineering. "
the bitcoin foundation is unwilling to confirm whether the report is true, saying that "there is no evidence to prove that the report's Mr. Nakamoto is the founder of bitcoin."
it is reported that if he is the founder of bitcoin, his wealth is expected to be as high as US $400 million (about S $500 million)
whether Nakamoto is really related to bitcoin or not, even his closest family members don't know. His brother Alto said: "he is very focused and has his own unique set of ideas. He's smart. He's good at math, engineering or computers
andreson, chief scientist of the bitcoin foundation, said that he and a man named "Nakamoto" discussed bitcoin online from June 2010 to April 2011, but they never talked on the phone, let alone met. "If you show up as the founder of bitcoin, now you have to come out and speak and comment on the media, which is not suitable for Nakamoto's personality," andreson told Newsweek.
Newsweek recently reported that after learning about Nakamoto's family and some bitcoin programmers, he found Nakamoto in San Bernardino, Southern California. He immigrated to California with his mother in 1959 and received a bachelor's degree in physics from Caltech
later, he changed his name to Dorian prentice<
according to the report, Nakamoto only vaguely admitted his connection with the bitcoin project, saying that he would no longer participate in the project, and refused to further discuss his relationship with the project
the report quoted him as saying: "the project has been handed over to other people, who are currently in charge of it and have no relationship with me any more."< However, in an interview with the associated press later, Nakamoto said that Newsweek misunderstood what he said. "What I said at the time sounded like I was involved in the bit project, but now it's gone. That's not what I wanted to say," he said. What I want to say is that I'm no longer involved in engineering. "
the bitcoin foundation is unwilling to confirm whether the report is true, saying that "there is no evidence to prove that the report's Mr. Nakamoto is the founder of bitcoin."
it is reported that if he is the founder of bitcoin, his wealth is expected to be as high as US $400 million (about S $500 million)
whether Nakamoto is really related to bitcoin or not, even his closest family members don't know. His brother Alto said: "he is very focused and has his own unique set of ideas. He's smart. He's good at math, engineering or computers
andreson, chief scientist of the bitcoin foundation, said that he and a man named "Nakamoto" discussed bitcoin online from June 2010 to April 2011, but they never talked on the phone, let alone met. "If you show up as the founder of bitcoin, now you have to come out and speak and comment on the media, which is not suitable for Nakamoto's personality," andreson told Newsweek.
7. It will be very difficult, 0.0
8. The father of lightcoin talks about Nakamoto: it doesn't matter who Nakamoto is
it's reproced from lightcoin house
recently, a news about the inventor of bitcoin Satoshi Nakamoto's appearance in California made the whole instry fall into the crazy pursuit of this "mysterious man" again, but this news was finally proved to be untrue. Unlike the inventor of bitcoin, the identity of Charles Lee, the inventor of lightcoin, has always been clear. Recently, he received an exclusive interview with the reporter of the first financial daily
BTC China (bitcoin China), the world's largest bitcoin trading platform, also officially launched lightcoin trading on March 4. This virtual currency is likely to become the most popular cryptocurrency after bitcoin<
Mr. Nakamoto "shows up"
Newsweek reported on Thursday that Mr. Nakamoto lives in temple, east of Los Angeles, California. His real name is Dorian Satoshi Nakamoto. The 64 year old, who owns $400 million worth of bitcoin, doesn't live in luxury, the report said. He graated from Caltech with a degree in physics and seems to have the necessary skills to develop cryptocurrency. In addition, he was involved in safety and communications at the Federal Aviation Administration (FAA)
in an interview with the associated press, Nakamoto said that the media misunderstood this. Nakamoto said he had never heard of bitcoin. He firmly denied that he was the inventor of bitcoin. He repeatedly stressed: "I have nothing to do with bitcoin."<
it's not so important who Nakamoto is.
bitcoin fans' expectations of Nakamoto's appearance have failed again. However, recently, a reporter from China business daily interviewed Charles Lee, the founder of the virtual currency lightcoin, whose trading volume and market value are second only to bitcoin. For the reports that the media are eager to lift the veil of Nakamoto, Lee thinks that it doesn't matter who Nakamoto is. People just need to pay attention to the fact that bitcoin itself is valuable
Lee is currently working for a company dedicated to the development of bitcoin trading platform and wallet“ I think the success of lightcoin and bitcoin complement each other. Working on bitcoin is also good for the success of lightcoin. " He said
"before I knew about bitcoin, I had been investing in gold, which I think is a good way to fight inflation. But I came into contact with bitcoin three years ago. I think it is digital gold, and it has many other advantages compared with gold. For example, bitcoin can be infinitely divided and sent to other people without cost, but it also has a disadvantage compared with gold, that is, there is no corresponding physical object. " Lee said
in fact, Lee's first counterfeit coin project is not Wright coin, but fairbrix virtual coin. Fairbrix is a clone of tenebrix, a virtual currency. Tenebrix was founded in 2011. However, Lee believes that the developers of tenebrix dig up their own coins and collect 7 million tenebrix for themselves before they officially release tenebrix. This is very unfair“ Therefore, the community is interested in creating a zero pre mining tenebrix clone to make it more equitable. " Lee said
unlike bitcoin, the workload proof function of fairbrix written by Lee uses the crypt encryption algorithm instead of the SHA-256 encryption function adopted by bitcoin. Unfortunately, fairbrix is a failed project
but Lee's next attempt at counterfeit money was a success. In October 2011, he launched lightcoin, which integrates the code of bitcoin client and eliminates the program failure of killing fairbrix
there are many important differences between lightcoin and bitcoin. Unlike bitcoin's 21 million cap, lightcoin's cap is 81 million. In order to make the "mining" activity more democratic, lightcoin also integrates the workload proof crypt encryption algorithm from tenebrix project
"the advantage of scrypt design is that it can participate in" mining "by using CPU instead of using integrated circuit (ASIC) like bitcoin, which is the so-called expensive" mining machine. " "The relationship between bitcoin and lettercoin is more complementary than competitive," Lee said. In different situations, people can use different virtual currencies. For example, when shopping, you can use lightcoin to pay, because its transaction confirmation time is shorter, and when making large amount transfers, you can choose bitcoin, because it is more secure. "
when talking about other counterfeit currencies, Lee said that many of them are just scams and tools for developers to make money. He has not found other counterfeit currencies that can "compete" with bitcoin yet“ Ordinary investors can judge whether a counterfeit coin is worth investing from two aspects. First, it depends on the number of coins g up in advance. If developers have a lot of such counterfeit coins in advance, they are likely to make profits from them; The second is whether the developers are serious about the program. " Lee added. In addition, he expressed his interest in an unpublished virtual currency Ethereum, which may have a place in the future virtual currency world
it is worth mentioning that BTC China officially launched the lightcoin transaction on March 4. According to the data provided by bitcoin China, on the day of its launch, the number of visits to the website surged, with a total transaction volume of more than 30 million yuan in three days. Lee believes that bitcoin's launch in China further illustrates the fact that it is the most popular cryptocurrency after bitcoin.
it's reproced from lightcoin house
recently, a news about the inventor of bitcoin Satoshi Nakamoto's appearance in California made the whole instry fall into the crazy pursuit of this "mysterious man" again, but this news was finally proved to be untrue. Unlike the inventor of bitcoin, the identity of Charles Lee, the inventor of lightcoin, has always been clear. Recently, he received an exclusive interview with the reporter of the first financial daily
BTC China (bitcoin China), the world's largest bitcoin trading platform, also officially launched lightcoin trading on March 4. This virtual currency is likely to become the most popular cryptocurrency after bitcoin<
Mr. Nakamoto "shows up"
Newsweek reported on Thursday that Mr. Nakamoto lives in temple, east of Los Angeles, California. His real name is Dorian Satoshi Nakamoto. The 64 year old, who owns $400 million worth of bitcoin, doesn't live in luxury, the report said. He graated from Caltech with a degree in physics and seems to have the necessary skills to develop cryptocurrency. In addition, he was involved in safety and communications at the Federal Aviation Administration (FAA)
in an interview with the associated press, Nakamoto said that the media misunderstood this. Nakamoto said he had never heard of bitcoin. He firmly denied that he was the inventor of bitcoin. He repeatedly stressed: "I have nothing to do with bitcoin."<
it's not so important who Nakamoto is.
bitcoin fans' expectations of Nakamoto's appearance have failed again. However, recently, a reporter from China business daily interviewed Charles Lee, the founder of the virtual currency lightcoin, whose trading volume and market value are second only to bitcoin. For the reports that the media are eager to lift the veil of Nakamoto, Lee thinks that it doesn't matter who Nakamoto is. People just need to pay attention to the fact that bitcoin itself is valuable
Lee is currently working for a company dedicated to the development of bitcoin trading platform and wallet“ I think the success of lightcoin and bitcoin complement each other. Working on bitcoin is also good for the success of lightcoin. " He said
"before I knew about bitcoin, I had been investing in gold, which I think is a good way to fight inflation. But I came into contact with bitcoin three years ago. I think it is digital gold, and it has many other advantages compared with gold. For example, bitcoin can be infinitely divided and sent to other people without cost, but it also has a disadvantage compared with gold, that is, there is no corresponding physical object. " Lee said
in fact, Lee's first counterfeit coin project is not Wright coin, but fairbrix virtual coin. Fairbrix is a clone of tenebrix, a virtual currency. Tenebrix was founded in 2011. However, Lee believes that the developers of tenebrix dig up their own coins and collect 7 million tenebrix for themselves before they officially release tenebrix. This is very unfair“ Therefore, the community is interested in creating a zero pre mining tenebrix clone to make it more equitable. " Lee said
unlike bitcoin, the workload proof function of fairbrix written by Lee uses the crypt encryption algorithm instead of the SHA-256 encryption function adopted by bitcoin. Unfortunately, fairbrix is a failed project
but Lee's next attempt at counterfeit money was a success. In October 2011, he launched lightcoin, which integrates the code of bitcoin client and eliminates the program failure of killing fairbrix
there are many important differences between lightcoin and bitcoin. Unlike bitcoin's 21 million cap, lightcoin's cap is 81 million. In order to make the "mining" activity more democratic, lightcoin also integrates the workload proof crypt encryption algorithm from tenebrix project
"the advantage of scrypt design is that it can participate in" mining "by using CPU instead of using integrated circuit (ASIC) like bitcoin, which is the so-called expensive" mining machine. " "The relationship between bitcoin and lettercoin is more complementary than competitive," Lee said. In different situations, people can use different virtual currencies. For example, when shopping, you can use lightcoin to pay, because its transaction confirmation time is shorter, and when making large amount transfers, you can choose bitcoin, because it is more secure. "
when talking about other counterfeit currencies, Lee said that many of them are just scams and tools for developers to make money. He has not found other counterfeit currencies that can "compete" with bitcoin yet“ Ordinary investors can judge whether a counterfeit coin is worth investing from two aspects. First, it depends on the number of coins g up in advance. If developers have a lot of such counterfeit coins in advance, they are likely to make profits from them; The second is whether the developers are serious about the program. " Lee added. In addition, he expressed his interest in an unpublished virtual currency Ethereum, which may have a place in the future virtual currency world
it is worth mentioning that BTC China officially launched the lightcoin transaction on March 4. According to the data provided by bitcoin China, on the day of its launch, the number of visits to the website surged, with a total transaction volume of more than 30 million yuan in three days. Lee believes that bitcoin's launch in China further illustrates the fact that it is the most popular cryptocurrency after bitcoin.
9. Bitcoin (abbreviated as BTC) is a point-to-point, decentralized digital asset proposed by Nakamoto (alias); In 2009, Nakamoto Cong packaged the first block and won 50 bitcoin mining awards, which are halved every four years. According to this calculation, bitcoin is expected to be issued in 2140, with a total of 21 million. With
10. For many years, people only know that bitcoin was invented by a person who calls himself "Nakamoto", but no one knows who he is or whether he really is. It has been speculated that he may be an economist, the initiator of bitkin's proposal, or the Security Department of the United States or Russia
Newsweek recently reported that after learning about Nakamoto's family and some bitcoin programmers, he found Nakamoto in San Bernardino, Southern California. He immigrated to California with his mother in 1959 and received a bachelor's degree in physics from Caltech
later, he changed his name to Dorian prentice
according to the report, Nakamoto only vaguely admitted his connection with the bitcoin project, saying that he would no longer participate in the project, and refused to further discuss his relationship with the project
the report quoted him as saying: "the project has been handed over to other people, who are now in charge of it and have nothing to do with me any more."< However, in an interview with the associated press later, Nakamoto said that Newsweek misunderstood what he said. "What I said at the time sounded like I was involved in the bit project, but now it's gone. That's not what I wanted to say," he said. What I want to say is that I'm no longer involved in engineering. "
the bitcoin foundation would not confirm whether the report is true, saying that "there is no evidence to prove that Nakamoto in the report is the founder of bitcoin."
it is reported that if he is the founder of bitcoin, his wealth is expected to be as high as US $400 million (about S $500 million)
whether Nakamoto is really related to bitcoin or not, even his closest family members don't know. His brother Alto said: "he is very focused and has his own unique set of ideas. He's smart. He's good at math, engineering or computers
andreson, chief scientist of the bitcoin foundation, said that he and a man named "Nakamoto" discussed bitcoin online from June 2010 to April 2011, but they never talked on the phone, let alone met. "If you show up as the founder of bitcoin, now you have to come out and speak and comment on the media, which is not suitable for Nakamoto's personality," andreson told Newsweek.
Newsweek recently reported that after learning about Nakamoto's family and some bitcoin programmers, he found Nakamoto in San Bernardino, Southern California. He immigrated to California with his mother in 1959 and received a bachelor's degree in physics from Caltech
later, he changed his name to Dorian prentice
according to the report, Nakamoto only vaguely admitted his connection with the bitcoin project, saying that he would no longer participate in the project, and refused to further discuss his relationship with the project
the report quoted him as saying: "the project has been handed over to other people, who are now in charge of it and have nothing to do with me any more."< However, in an interview with the associated press later, Nakamoto said that Newsweek misunderstood what he said. "What I said at the time sounded like I was involved in the bit project, but now it's gone. That's not what I wanted to say," he said. What I want to say is that I'm no longer involved in engineering. "
the bitcoin foundation would not confirm whether the report is true, saying that "there is no evidence to prove that Nakamoto in the report is the founder of bitcoin."
it is reported that if he is the founder of bitcoin, his wealth is expected to be as high as US $400 million (about S $500 million)
whether Nakamoto is really related to bitcoin or not, even his closest family members don't know. His brother Alto said: "he is very focused and has his own unique set of ideas. He's smart. He's good at math, engineering or computers
andreson, chief scientist of the bitcoin foundation, said that he and a man named "Nakamoto" discussed bitcoin online from June 2010 to April 2011, but they never talked on the phone, let alone met. "If you show up as the founder of bitcoin, now you have to come out and speak and comment on the media, which is not suitable for Nakamoto's personality," andreson told Newsweek.
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