What code is bitcoin
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bitcoin (BTC) is a digital currency with a total amount of 21 million. It has the characteristics of decentralization, globalization and anonymity, just like the Internet. It means that transferring bitcoin to the other end of the earth is as simple as sending e-mail, low-cost and unlimited. Bitcoin is also used in cross-border trade, payment, remittance and other fields
the liquidity and limitation of bitcoin determine that bitcoin can act as a monetary function equivalent to general equivalent, or as a measure of money, but this measure is not a physical measure like gold, but a digital proct
related concepts:
1. Address
the address of bitcoin world looks like this. The address itself is just a string of codes, just like your bank account number 321 million 3288372, which is used to mark an account. Everyone can have countless addresses. The address is public
2. The bank records how much money there is in the bank account
the amount of money in the bitcoin address is recorded by the whole bitcoin network. Each complete bitcoin data will record how many bitcoins are stored in this address
each node participating in the bitcoin network can save a complete of bitcoin data, and everyone has a backup on hand to prevent counterfeiting
3. The key (private key)
the key is another string of characters you only know. The key is used to operate the money in the bitcoin address. Key and address are the relationship between a key and a lock. Each address has only one password, and each password also operates a bitcoin address
with the key, you can control the money in the bitcoin address and pay to anyone. The key should be absolutely safe. The lost or deleted key can never be found, and the money in the corresponding bitcoin address can never be used
the key needs to be kept absolutely secret. Anyone who knows the key can steal all your bitcoin
4. Wallet
the transaction process of bitcoin will involve a lot of complex calculations. In order to simplify the operation, we have made wallets. The wallet has client software on the computer, and also has an online web version. The function of the wallet is to pay with a little touch, and the complicated calculation behind it is left to the wallet to complete
5. Security
if you use the computer client software, you can recommend multibit or bitcoin QT. Both are official software recommendations for the bitcoin community. The installation of these two softwares must be downloaded directly from the official website, and the check code must be checked before and after downloading. This is to prevent someone from tampering with wallet software and stealing keys
6. Mining
about every 10 minutes, some new bitcoin will appear in the bitcoin network, which can be imagined as throwing money in the sky. Whose pocket these scattered money fall into mainly depends on whose computer calculates fast. The faster you calculate, the more likely you are to find the money. Mining is to use the computer to calculate, to pick up the money< br />
transaction security technology includes anonymous technology, identity authentication technology, anti plicate transaction technology and anti-counterfeiting technology. Anonymity technology realizes controllable anonymity of digital assets through blind signature (including blind parameter signature, weak blind signature, strong blind signature, etc.) and zero knowledge proof; The identity authentication technology verifies the user's identity through the authentication center to ensure the validity of the digital asset trader's identity; The anti plicate transaction technology ensures that digital assets are not reused by means of digital signature, serial number and time stamp; Anti counterfeiting technology ensures the authenticity of digital assets and transactions by means of encryption and decryption, digital signature and identity authentication. Secondly, the online transaction and offline transaction of digital assets are realized by transaction technology. Digital asset trading technology mainly includes online trading technology and offline trading technology. As a legal currency, digital assets should not be rejected by any unit or indivial, and can be traded online or offline. Online transaction technology realizes online transaction of digital assets through online device interaction technology, online data transmission technology and online transaction processing; The off-line transaction technology realizes the off-line transaction of digital assets through the off-line device interaction technology, off-line data transmission technology and off-line transaction processing technology. Finally, trusted guarantee technology is used to provide a safe and reliable application environment for the issuance, circulation and transaction of digital assets in blockchain. Digital asset trustworthiness assurance technology mainly refers to trusted service management technology. Based on trusted service management platform (TSM), it ensures the security and trustworthiness of digital asset security mole and application data, and provides security chip (SE) and application life cycle management function for digital asset participants. Trusted service management technology can provide application registration, application download, security authentication, authentication management, security evaluation, trusted loading and other services for digital assets, which can effectively ensure the security and credibility of digital assets system
what is blockchain? Blockchain technology, also known as distributed ledger technology, is an Internet database technology, which is characterized by decentralization, openness and transparency, so that everyone can participate in database records. Blockchain technology development blockchain technology development what is a blockchain system? Blockchain system is a database system with integrity. The data written into the system will be automatically copied to the nodes of the blockchain, which can achieve transactional data preservation, support the management and development of databases in various instries, and be proced in combination with various needs. 294.497 billion US dollars, or 2.60%. This week, five new projects entered the top 100, namely FST, ZB, Wix, wax and MXM. On August 11, the price of bitcoin was $11523.58, up 3.20% from last week, and Ethereum was $216.09, down 3.86% from last week. The 24-hour turnover of this week increased by 2.63% over the same period last week; Among the top 100 projects, the total market value and average market value of currency projects increased significantly, and the classification composition of global blockchain assets top 100 projects was stable.
please accept it, thank you.
the concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009 [1]. 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
Ethereum is an open source public blockchain platform with smart contract function, which provides decentralized Ethereum virtual machine to process point-to-point contract through its special cryptocurrency ether (ETH)
warm tips:
1. The above information is for reference only, without any suggestions
2. According to the notice on preventing the financing risk of token issuance, there is no approved digital currency trading platform in China. According to the regulation of digital currency in China, investors have the freedom to participate in digital currency transactions at their own risk
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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 generated by a large number of calculations based on specific algorithms. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions
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