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Bitcoin network computing

Publish: 2021-04-25 17:17:03
1. bitcoin is a kind of virtual currency, which is characterized by decentralization, anonymity, and can only be used in the digital world. It does not belong to any country or financial institution, and is not subject to geographical restrictions. It can be exchanged in the world
reference link: http://wuhan.pbc.gov.cn/wuhan/2929354/3393665/index.html
2.

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 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 specific currency institutions. It is generated by a large number of calculations based on specific algorithms. Bitcoin economy uses the distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses the design of cryptography to ensure the security of all aspects of currency circulation

extended data:

bitcoin network generates new bitcoin through "mining". In essence, the so-called "mining" is to use computers to solve a complex mathematical problem to ensure the consistency of bitcoin network distributed accounting system

to mine bitcoin, you can download the special bitcoin computing tools, register various cooperation websites, fill the registered user name and password into the computing program, and then click the operation to officially start

the bitcoin network is robust, but the bitcoin trading platform is fragile. Trading platform is usually a website, which will be attacked by hackers or shut down by competent authorities

3.

The concept of bitcoin was founded by Nakamoto

On December 12, 2010, when bitcoin graally became a hot topic, he quietly left and disappeared from the Internet

As a descendant of samurai, Nakamoto was born in 1949 in Beppu, Japan. His mother, quanzi, was a Buddhist and brought him up in poverty

When his parents divorced in 1959, Nakamoto's mother remarried and immigrated to California with her three sons. Nakamoto and his stepfather don't get along well, but according to his younger brother Arthur, Nakamoto showed his talent in mathematics and science when he was very young, but also showed his "fickle and strange interest"

Nakamoto graated from Caltech, majoring in physics. Upon graation, he joined Hughes Aircraft and worked in defense and electronic communications. Later, Nakamoto worked for the U.S. military, and his experience was classified as a state secret. Now searching his files, his life is a blank

In 2008, in an e-mail group discussing information encryption on the Internet, he published an article outlining the basic framework of the bitcoin system. In 2009, he established an open source project for the system, officially announcing the birth of bitcoin. On December 12, 2010, when bitcoin graally became the climate, he quietly left and disappeared from the Internet

4. To borrow the answers of others, this explanation is relatively simple
BT currency is a kind of virtual currency proposed by a Japanese in 2008 and officially issued in 2009
BT coin is like a gold mountain with a total amount of 21 million gold coins (the upper limit of the total amount is designed to be 21 million). To get it, players need to use the computing power of the computer to calculate a group of numbers according to the designer's algorithm, just like everyone working together or calculating a mathematical problem separately, each group of numbers can be obtained, Then you will get a BT coin, and the world can only proce 25 at most every 10 minutes. This calculation process is vividly called mining

of course, these mathematical problems are becoming more and more difficult. From 2009 to now, the output of BT coins is about 10.4 million. The more the quantity on hand, the more difficult the output will be. Bitcoin is scarce. The upper limit of issuance (21 million) has been set. The difficulty of obtaining bitcoin increases geometrically. It is estimated that it will take hundreds of years to complete
it's ridiculous to say that it's an international QB. It's all virtual currencies, but the security and versatility of BT currency are incomparable to QB. TX is closed, QB is finished. But if BT currency is to collapse, it will not be possible unless there is a global power outage or the global Internet is paralyzed
with regard to the use of BT currency, the world has begun to accept the use of BT currency. Germany first recognized the legality of BT currency, and China also has a trading website BTChina, which can directly exchange BT currency into various current currencies of most countries, including RMB. In China, there are many sellers who accept BT coin on Taobao, and there are also many stores and supermarkets that begin to accept BT coin in Beijing, Shanghai and other large and medium-sized cities
just now, the BTC / RMB exchange rate in this second is 1 / 4888.03, which is still very valuable, but mining needs a lot of investment in advance. A professional mining machine (professional configuration for BT coin computer) is about 40000, 60 such machines work 24 hours, the output can be about 50. In addition to the astonishing power consumption and custody costs, the cost will be recovered in about a month. If you want to make money by mining your ordinary computer, it's a fable. If the owner has no capital investment, it is suggested to give up. The standard configuration of 5000 computers on the market, 48 hours of work also only dig out 0.001 BT coin... Thanks to grandma's house, the main reason is that there is capital investment in the building, so we have to hurry up. At present, it is estimated that the proction and income can still be profitable for 3 or 4 years at most. After this time, mining will not be able to make ends meet.
5. If you download apps, you can download them directly from the app market, but some apps that have not been put on the shelves can be downloaded directly from the browser.
6. At present, the latest market value of bitcoin should be more than $1 trillion
7. First of all, bitcoin can not be regarded as currency. Second, bitcoin is a reward of incentive system. When a transaction is generated, people who broadcast to the whole network, judge the transaction and help the broadcast will get a reward (bitcoin)
8. Bitcoin is a kind of e-coin and digital coin proced by open source P2P software, which is a kind of network virtual asset. Bitcoin is also paraphrased as "bitcoin."

generally speaking, bitcoin is based on a set of cipher codes and generated through complex algorithms. This rule is not interfered by any indivial or organization and is decentralized; Anyone can download and run the bitcoin client to participate in the proction of bitcoin; Bitcoin uses electronic signature to realize circulation, and checks repeated consumption through P2P distributed network. The generation and consumption of each bitcoin will be recorded through the P2P distributed network and informed to the whole network. There is no possibility of forgery

bitcoin does not rely on specific currency institutions to issue. It is generated through a large number of calculations of specific algorithms. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions. The decentralized characteristics and algorithms of P2P can ensure that bitcoin can not be artificially manipulated by mass proction. The design based on cryptography can only make bitcoin be transferred or paid by real owners. This ensures the anonymity of money ownership and circulation transactions

bitcoin can be cashed and converted into the currency of most countries. Users can use bitcoin to buy some virtual items, such as clothes, hats and equipment in online games. As long as someone accepts it, they can also use bitcoin to buy real-life items

the biggest difference between bitcoin and other virtual currencies is that the total quantity of bitcoin is very limited and it has a strong scarcity. 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 21 million

the concept of bitcoin was first proposed by Satoshi Nakamoto in 2009. According to the idea of Satoshi Nakamoto, open source software and P2P network were designed and released

the reason why bitcoin is anonymous is that they are built on a decentralized system. Bitcoin is completely independent, and the outside world cannot shut it down through some kind of core infrastructure

"anonymity" is very useful for those who don't want to associate their name with the goods or services they buy. What outsiders see is nothing more than the address of your bitcoin wallet and a string of random words and numbers. Apart from that, there is no personal identification information. For relatively paranoid users, you can also create multiple new wallets for free

bitcoin is designed to allow anonymous ownership and use rights. Bitcoin can be stored in personal computers in the form of computer files (wallet) or in third-party hosting services. No matter how it is saved, bitcoin can be sent to anyone on the Internet through its address. The distributed characteristics of P2P and the design of no central management mechanism ensure that no organization can manipulate the value of bitcoin or create inflation<

its main features are as follows:

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. 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
the private key is required 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 in the end, 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

hope to adopt
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