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Can bitcoin be split

Publish: 2021-04-18 12:13:09
1. The upper limit of bitcoin is 2100W, which is not up to the limit, but the cost is higher and higher. This kind of currency with a limit can slow down the depreciation of assets to a certain extent, just like gold. However, gold has value in use, while bitcoin is a virtual currency with no practical value, so this kind of currency is not as stable as gold (for example, bitcoin plummeted this time). Bitcoin can be split and purchased on some websites.
2. Theoretically, it can't be done. In practice, it can't be done if you want to expand the application scenarios.
3. The following is from: http://bitcoin.org/zh_ Cn / about

historical background

bitcoin is one of the first currencies to realize the concept of "cryptocurrency". In 1998, Wei Dai first expounded the concept of "cryptocurrency" in cypherpunks mailing list. Based on the basic concept of money, which is used to pay for goods, services and debt or any form of records in a given country or economy, bitcoin is a new form of money. Its original design is to integrate the idea of not relying on the central authority, using the principle of cryptography to control the issuance and transaction of money
in 2009, Satoshi Nakamoto published the first bitcoin specification and its proof of concept in the cryptography mailing list. At the end of 2010, Nakamoto claimed that he had transferred to other affairs and left the project. The creator of bitcoin never revealed his true identity, but left his invention to the world. Today, the origin and motivation of the invention of bitcoin is still a mysterious story
since 2010, many developers have devoted themselves to this project, and the bitcoin community has grown rapidly. Between June and July 2011, bitcoin suddenly gained media attention, leading to large-scale buying. The resulting bubble led to the continued decline in the price of bitcoin in the second half of 2011. After that, the price of bitcoin graally rose to the height of 2011
in order to regulate, protect and promote the development of bitcoin, the bitcoin foundation was established on September 27, 2012. Nowadays, with the increasing number of bitcoin users, bitcoin economy is developing rapidly

technical features

any network like bitcoin has the following basic features:
bitcoin can be transferred between any node of the network
the transaction is irreversible
the use of block chain avoids the occurrence of double consumption
the transaction will spread out in a few seconds and pass validation in 10 to 60 minutes
transaction processing and currency issuance are carried out through mining
bitcoin can be received at any time whether it is online or not<

economic rules

the whole bitcoin network jointly implements the following rules:
the total amount of bitcoin issued is about 21 million
a bitcoin can be divided into 8 decimal places, with a total of about 21 × 1014 monetary units
transaction costs are very low and most of them are free

statistics

bitcoin network has been running continuously for more than 48 months. In the past year, bitcoin's security features have attracted attention and developed significantly. As of April 2013:
the longest block chain has more than 232000 blocks
one of the largest distributed computing networks in the world, with more than 65 trillion hashes per second
there are 50000 transactions every day, with a total amount of several million US dollars
the total value of bitcoin in circulation exceeds US $1.3 billion
there is only one major security incident in the protocol, which was resolved in August 2010

other information can be referred to:
Network: http://ke..com/view/5784548.htm
bitcoin official website: http://bitcoin.org/zh_ CN/
4. Forced separation is OK; But what blockchain is subverting is its token economy system or changing proction relations. Technological innovation is only one aspect.
5. There can't be inflation. What is inflation? There are two kinds of inflation:

(1) suppose that one sheep can exchange for 10 chickens. There is one sheep and 10 chickens in a room, which issue 200 yuan currency, so sheep is worth 100 yuan and chicken is worth 10 yuan. If we issue another 200 yuan, the price will double, and the sheep value will be 200 yuan, which is the inflation of issuing excess currency
(2) in the above example, when 10 chickens are eaten, the room is still 200 yuan, and only one sheep is worth 200 yuan. This is inflation e to shortage of goods, and there is no issue of more money< (3) the collection of bitcoin itself loses its monetary function. Money is only an intermediary and develops from barter. So you are right, all collections will lose the function of currency
(4) if there are few things, the same currency is also inflation, so no matter what the currency is, virtual currency and limited currency will also be inflation.
6. What is a split disk
A: according to the principle of split disk, if the global initial circulation is 100 pieces of wealth, and you buy one of them, when the 100 pieces of wealth can no longer meet the needs of all players, then the 100 pieces of wealth will be split into 200 pieces, then the one you hold will become two pieces, your wealth will increase and double, and then you can sell one of them, Another piece of wealth continues to be split, doubled and sold! The double charm is too great
shiruiq3
7. Bitcoin is not legal in China, so it's hard to say.
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