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Amount of bitcoin cash

Publish: 2021-04-25 03:24:22
1.

The total number of bitcoins is 21 million

in 2009, when bitcoin was born, block reward was 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

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monetary characteristics

1. Decentralization: bitcoin is the first distributed virtual currency, and the whole network is composed of users without a central bank. Decentralization is the guarantee of bitcoin's security and freedom

2. Global circulation: bitcoin can be managed on any computer connected to the Internet. No matter where you are, anyone can dig, buy, sell or collect bitcoin

3. Exclusive ownership: private key is needed to control bitcoin, which can be stored in any storage medium in isolation. No one can get it except the user himself

4. Low transaction cost: bitcoin can be remitted free of charge, but a transaction fee of about 1 bitfen will be charged for each transaction to ensure faster transaction execution

5, no hidden cost: as a means of payment from a to B, bitcoin has no cumbersome limit of quota and proceres. If you know the other party's bitcoin address, you can pay

6. Cross platform mining: users can explore the computing power of different hardware on many platforms

2. Bitcoin is currently the most popular cryptocurrency in the world. From August 1, 2017, it was divided into two directions. In an event called "hard fork", a new digital currency called bitcoin cash was born. Due to version switching, bitcoin blockchain is forked into two independent blockchains. Everyone who owns bitcoin before the fork is entitled to the same amount of "bitcoin cash" tokens, similar to a dividend in a stock
bitcoin cash (BCC) is a new version of bitcoin with different configurations launched by a small number of bitcoin developers. It is a new type of blockchain asset. At 20:20 on August 1, 2017, bitcoin cash starts mining, and each bitcoin investor's account will have the same amount of bitcoin cash (BCC).
3. The upper limit of bitcoin is not the exact figure of 21 million. 21 million is calculated according to the mining rules
in the first four years, 50 pieces were g out every ten minutes: 50 * 6 * 24 * (365 * 4 + 1) = 10519200 pieces
in the second four years, 25 pieces were g out every ten minutes: 25 * 6 * 24 * (365 * 4 + 1) = 5259600 pieces
according to the sum formula of infinite equal ratio sequence, the final total amount is infinitely close to 21038400 pieces (10519200 * 2)
as long as the mining rules are not changed, the number of bitcoins will never exceed 21038400
4.

The reason why the programmer threw away 7500 bitcoins as garbage is because these bitcoins are stored in the hard disk, and he carelessly threw away the hard disk

recently, a British programmer found that in 2013, he accidentally threw away the hard disk with 7500 bitcoin private keys as garbage

these 7500 bitcoins were g up by him on his personal computer. In order to retrieve the hard disk, he went to the landfill, but even if he "wanted to go back to the past", it was impossible to recover it. 7500 pieces, estimated at the current price of 32000 dollars, which is equivalent to throwing 240 million dollars into the garbage can

In fact, millions of bitcoins have been "lost" worldwide. But the "lost" bitcoin did not disappear. On the blockchain, you will record how many bitcoins you have in your name, but you need a private key to trade

the programmer is careless, that is, after throwing away the hard disk, he adds symbols to the string of very complex letters. Nowadays, the "value" of bitcoin has risen sharply. Those who lost bitcoin will naturally regret it

{rrrrrrr}

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reasons for bitcoin's recent surge:

according to the analysis of CICC's research report, bitcoin's price rose nearly three times from $7200 at the end of 2019 to $27084 (as of December 28, 2020), and became the asset category with the highest increase since the beginning of the year, Even more than the faamng tech giants index

in addition to the impact of global liquidity easing, the analysis shows that the financial innovation of financial institutions represented by PayPal, Robinhood and grayscale in broadening the channels of digital assets in the past year is the structural reason behind the nearly three times rise of currency price in the past year. In the short run, the price of bitcoin may fluctuate greatly, driven by liquidity and the inflow and outflow of speculative funds. However, in the long run, the continuous expansion of the traditional investor base is concive to the stable rise of the price of bitcoin and other digital assets

5. It's mainly about interests. There are mainly the following types of people who oppose BCH:
1. They hype themselves and pave the way for their bifurcating bitcoin. For example, Liao Xiang, who once strongly opposed big blocks, paid big money, and they all bifurcated bitcoin
2. Misled by the core development team, the melon eaters regard the miners as a group of criminals
3. The core development group's opposition to BCH is not only a divergence of development roadmap, but also a dispute of interests. The lightning network promoted by the core development group can make the gold owners behind it profit through the lightning network.
6. Yes, the total number of bitcoins is 21 million, and the mining was completed in 2140. Bitcoin is a consensus network, contributing to a new payment system and a fully digital currency. It is the first decentralized peer-to-peer payment network, which is controlled by its users without a central management organization or middleman. From the user's point of view, bitcoin is much like Internet cash. Bitcoin can also be regarded as the most outstanding three style bookkeeping system.
7. First of all, how much bitcoin can be exchanged for cash depends on the rules of that platform, that is, how many transactions you can limit.
8. After the announcement of this up and down

news, bitcoin once hit a high of 123 against the US dollar. According to the data of Mt. GOx, the bitcoin international trading platform, the bitcoin dollar exchange rate rose from $112 to more than $122 from the 18th to the 20th, up about 9%. There was the same market reaction in China. On the 18th, the domestic bitcoin exchange rate broke through the 600 yuan mark, rose 5% to 629 yuan on the 19th, and slowed down on the 20th.
9. It can't be compared with cash
10. It doesn't need to be downloaded. But make sure the roller coaster tycoon you install contains the wildlife park expansion
as long as there is an expansion, the method is very simple:
the first step is to find the image you want
the second step is to put it in the "My Documents" - My Pictures folder
the third step is to find "scenery" → "billboard" in the roller coaster tycoon and select "custom picture"
Step 4: find your picture, choose the right size and click OK
finally, just build it where you want! Have a good time
P.S. the best size of the picture is 1:1 1:2 1:4 2:1 4:1 1:8 8:1. It's better not to use the ordinary 4:3 picture, otherwise it will be distorted. It is recommended that the side length be an integral multiple of 64.
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