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The end of bitcoin

Publish: 2021-04-20 13:49:28
1. bitcoin is illegal now. Our country banned ICO before and prohibited digital transactions such as bitcoin on exchanges. Bitcoin collapsed two days ago, with a maximum decline of more than 20%. Last December, bitcoin was still worth US $20000, and now it has dropped by nearly half. Besides bitcoin, other digital currencies have also plummeted. Bitcoin is too profiteering, It is particularly easy to become a tool for money laundering and arbitrage. How can the state allow it? Many countries have begun to regulate it
bitcoin originated in the United States, developed stronger than China, and was strongly regulated in China, fled abroad, and eventually ended up in the United States. In the past, China's digital currency transactions accounted for 93% of the world's total, which is a terrible data. However, China took the initiative in time to avoid a large-scale wool shearing in the world, without the government's credit support and legal protection, Bitcoin is just a carnival of anarchism and wealth illusion!
2. How can I not show you my mother but still prove that my mother is my mother
zero knowledge proof is a technology that the verifier can make the verifier believe a certain conclusion is true and credible without providing the verifier with the information itself. At present, the anonymous transaction of zcash, a digital asset with outstanding anonymity, is realized by "zero knowledge proof"
for example, a has to prove to B that he has the key to a room. Suppose that the key can only be used to open the lock of the room, but no other method can. At this time, a can choose to give the key to B, and B can use the key to open the lock of the room, so as to prove that a has the correct key of the room
or a opens the room with the key, takes an object out of the room and shows it to B. B knows that the object is only in the room. The principle of method two is zero knowledge proof
zero knowledge proof can prove that I know the secret without disclosing the information itself, and can effectively solve many verification problems.
3. Of course not. Buying computing power is equivalent to buying Maya cloud computing power platform. The computing power of their mining machine serves you. You don't need to buy mining machine to set the mine pool address. It's much more convenient.
4.

Central Bank launched TCEP digital currency, just to replace banknotes and coins in circulation, and will not pose a threat to WeChat and Alipay. In short, WeChat and Alipay are "software tools", a convenient "settlement" and "channel" for transshipment and transmission, while digital money and previous traditional currencies are a form and carrier of capital and wealth. There is no conflict between the two

as to whether digital currency Libra will replace traditional currencies such as paper money and coins, it is a historical process. Just like the history of 's Yuan Datou and copper coin replaced by paper money and coins, it is a truth. However, no matter how evolution, digital currency Libra will not replace Alipay and WeChat payment. Just as the UnionPay can't complete the mobile payment function of WeChat and Alipay! p>

5. The game between the two forces of the currency circle is controversial on whether to expand the capacity
two key figures in the bitcoin field have developed another version of bitcoin. They are Gavin Andresen and Mike Hearn, the chief developers of bitcoin
for several months, Anderson and Hearn have been arguing with the other three chief developers of bitcoin: whether the blocks processed in bitcoin transactions should be further expanded from the current 1MB, so as to be able to process more than three payments per second
this new version of bitcoin, called bitcoin XT, increases the capacity of the block to 8MB and can complete 24 transactions per second. Although it is far lower than visa's processing speed of 20000 transactions per second, it will increase every year in the future, so bitcoin will continue to grow
opponents of bitcoin XT believe that increasing the block capacity may undermine the original intention of this decentralized payment system, because the extra computer memory requirements may crowd out thousands of independent "nodes" from the network< Some people think that this split marks the end of bitcoin. But he told Reuters on Tuesday that the cryptocurrency will continue to exist, whether or not it is accepted
"if we thought it might ruin bitcoin's future, we wouldn't do it." He said. He added that since last Saturday, about 10% of the nodes have agreed to use bitcoin XT.
6. In my opinion, this is a new beginning. The purpose of banning digital currency transactions and ICO issuance is to control financial risks without affecting the development of blockchain and digital currency.
7. No, blackmail software is not just because of bitcoin, it's just that bitcoin is highly hidden, not easy to be found, and its value is high
8. Open an account in the transaction. When the account has funds, buy etc with order and sell etc when the price is right. China's bitcoin trading provides etc / Ethereum classic trading service, and its app can also trade etc.
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