Keywords in bitcoin white paper

1. There are a lot of white papers on blockchain in the market, but most of them are based on the projects or procts behind them. This is probably how the white paper of Ansoft cloud comes from. It mainly introces its original research and development intention, application scenarios, technical analysis and so on. It can be seen on the official website of Zhongan technology. It's public and free of charge, As a basic course to understand blockchain, it's very good.

2. Throughout history, there have been cases of gold, goods and even land confiscation in times of crisis. It is also disturbing that, as we have seen in Venezuela, people there are struggling with high inflation. Sometimes it is extremely difficult to convert money into another currency, which makes people feel helpless and can only watch their life savings be worthless. bitcoin is very different. It is in electronic form and has no boundary restrictions. It can be transferred without any intermediary. Anyone who connects to a mobile device or the Internet can use it. All transactions are permanently recorded in the public ledger, and there is no dispute about ownership
in a recent article in the New York Times, a Venezuelan economist described how bitcoin became a part of Venezuela's daily life, so that on a mainstream bitcoin trading platform, Venezuela's trading volume ranked second only to Russia in the world. But bitcoin is not just used to protect wealth in extreme conditions. In general, bitcoin is also an excellent choice for portfolio diversification, and it should be seen as part of a comprehensive wealth preservation strategy.

3. Bitcoin is a virtual currency, and its price is suspected of artificial speculation. At the same time, it is expensive because it is rare
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
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.

5. The impact of digital currency on administrative institutions is completely positive, greatly improving your work efficiency, and for anti-counterfeiting certification, including invoices and vouchers. There are direct advantages, so you can dialectically analyze this influence from a positive point of view, no matter from the perspective of writing a paper or from other angles.

6. It seems that on October 31, 2008, Satoshi Nakamoto published the white paper of bitcoin for the first time, and proposed to realize value transfer through decentralized bitcoin network.

7.

Bitcoin is a kind of electronic cryptocurrency based on blockchain, which is decentralized, global, and does not need third-party institutions or indivials. Bitcoin was invented and founded by Nakamoto (pseudonym) on January 3, 2009, based on the peer-to-peer network without borders, using consensus initiative open source software. It is the ancestor of cryptocurrency and blockchain, and is also the cryptocurrency with the highest popularity and market value at present

generally speaking, bitcoin is a digital currency with a total amount of 21 million, which has the characteristics of decentralization, globalization, anonymity and so on, just like the Internet. Transferring bitcoin to the other side of the earth is as simple, low-cost and unlimited as sending e-mail. Bitcoin is therefore used in cross-border trade, payment, remittance and other fields

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extended materials:

the global financial crisis broke out in 2008. On November 1, 2008, a person who called himself Nakamoto published bitcoin white paper "bitcoin: a peer-to-peer e-cash system" on the P2P foundation website, stating his new idea of e-currency bitcoin. On January 3, 2009, bitcoin Genesis block was born

compared with fiat money, 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 collect bitcoin, And in the transaction process, foreigners can not identify the user's identity information

as a standardized, globalized, highly volatile, 24-hour and never-ending trading target, bitcoin is more volatile than stocks, foreign exchange, precious metals and other electronic disk targets; In terms of standardized trading, soaring history and future prospects, it is better than the physical speculation targets such as stamps and coins, garlic, Pu'er tea and Huangli wood, so it has attracted a lot of hot money to participate in the speculation

at present, the funds attracted by bitcoin as the target of speculation far exceed the funds attracted by the payment system. At least half of the price of each yuan is the value of the target of speculation

reference: network bitcoin

8. In 2008, the financial crisis occurred in the United States, which spread to all parts of the world. The legal currencies of various countries depreciated greatly, and the money in people's hands became worthless
on November 1, 2008, at this historic moment, a person who called himself Nakamoto Tsung published a paper called "bitcoin: a peer-to-peer e-cash system" on the Internet, in which he described a new digital currency system: bitcoin
bitcoin system is a decentralized digital currency system, which solves the issue and circulation problem of constant amount of money without a central institution. By transferring money through bitcoin system, information is open and transparent, and bitcoin can be safely transferred to people at the other end of the earth. Every transfer information will be recorded by the whole network. The white paper also marks the birth of bitcoin's underlying technology blockchain< br/>

9. Here is a brief introction to the origin of bitcoin white paper
on November 1, 2008, a mysterious cryptography geek named Satoshi Nakamoto released the white paper
in January 2009, bitcoin was born, so this white paper is the origin of bitcoin

Internet search: "sister coin teaches you bitcoin" or "sister coin"