Bitcoin genius

1. On November 1, 2008, a self styled Satoshi Nakamoto posted a research report on a secret cryptography discussion group. The report expounded his new idea of electronic currency bitcoin came out
on January 3, 2009, Nakamoto g up the first batch of 50 bitcoins on a small server in Helsinki, Finland
on May 21, 2010, the first bitcoin transaction: Laszlo hanyecz, a Florida programmer, bought a $25 pizza coupon with 10000 BTC
on July 16, 2010, the price of BTC rose by US $0.08 from US $0.008. The first sharp price fluctuation shows the rise of new things
on July 17, 2010, the first bitcoin platform was established
on November 6, 2010, the price on mtgox reached $0.5, and the bitcoin economy reached $1 million
on December 7, 2010, the first portable device to portable device transaction was realized on Nokia 900, with a transaction volume of 0.42btc
on February 9, 2011, the price reached US $1 for the first time, which is equivalent to US $1. The news that BTC is equivalent to us dollar has been widely reported by the media, which has aroused people's great attention, and the number of new users has increased greatly. In the next two months, bitcoin and pound sterling, Brazilian currency, Polish currency exchange trading platform has opened
on March 18, 2011, the BTC / USD exchange rate hit a seven week low, falling to US $0.7
on August 20, 2011, the first bitcoin conference and World Expo were held in New York. Among Google trend counties, bitcoin's attention reached a new high, with a price of $11 at that time
on November 14, 2011, the price of bitcoin hit a new half year low of $1.99
on September 15, 2012, the bitcoin conference was held in London. At this time, the price of bitcoin was $11.8
on September 27, 2012, bitcoin fund was founded, and the price of bitcoin was $12.46
on November 25, 2012, the first bitcoin conference in Europe was held in Prague, Czech Republic. At this time, the price of bitcoin was $12.6
on February 19, 2013, bitcoin client v8.0 was released. At this time, the price of bitcoin was $28.66
on April 10, 2013, BTC set a record high price of $110
on May 9, 2013, BTC Chinese, the largest bitcoin reporting website www.sosobtc.com The company obtained the investment fund Union Square's US $5 million round a investment, and the price of bitcoin was US $112.09 at this time< On May 28, 2013, the Department of Homeland Security banned the virtual currency service of Liberty Reserve, a Costa Rican exchange company, for its suspected xiqian and unlicensed fund transfer business, U.S. prosecutors said that this will become the largest international xiqian lawsuit in history, with the scale of absorbing money reaching 6 billion US dollars. A large number of users, including China, will lose all their money. At this time, the price of bitcoin is 128 US dollars
in June 2013, Netcom said that the United States will withdraw from qe3, deflationary bitcoin and quantitative easing monetary policy, which are the relationship between the two
on June 27, 2013, the German Conference made a decision: holding bitcoin for more than one year will be tax-free, which is considered by the instry to recognize the legal status of bitcoin. At this time, the price of bitcoin is $102.24
on June 28, 2013, mtgox obtained the monetary service license issued by the financial crime enforcement network office of the U.S. Department of the Treasury. Transaction standardization may mean that bitcoin is on the right track, government risk is reced, and its pace of integration into the display economy will be accelerated. At the same time, it will play an exemplary role in other virtual currencies. At this time, the price of bitcoin is $97.99
on November 28, 2013, the bitcoin trading price of Mt. GOx, a popular bitcoin exchange, broke through $1000, reaching a record high of $1073
on November 29, 2013, the trading price of bitcoin on Mt. GOx, a popular exchange, hit a record high of US $1242, while the price of gold was US $1241.98 an ounce, surpassing that of gold for the first time.

2.

Who is Nakamoto? Why are people so curious about him? This person, who calls himself Nakamoto Tsung, said that he lost his bitcoin, not one or two, but a lot. What does 980000 bitcoins mean

so we should take a calm attitude towards bitcoin

so far, no one knows the true face of this Nakamoto. Even his so-called 980000 bitcoins are skeptical

because, generally, people who are really rich are disdainful of showing off their wealth

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.

First of all, if the home computer is used to calculate bitcoin, even if the configuration is high, it will take several days to dozens of days. It may come out with a string of effective bitcoin (that is, bitcoin), and then it can be traded through the market of circulating bitcoin

special bit code operation requires a lot of graphics resources, so there are so-called mining machines, as shown in the figure below

this is a miner, which is specially used for mining. Such a miner may not be able to dig a bitcoin a day; The price of a mining machine is at least about 20000 RMB, and mining is a very power consuming project. All the graphics cards are running with full load, and the electricity charge will be very high

so don't blindly follow this kind of thing, it's not something that ordinary people can dig up with their home computers

5. It is easy to understand that the main reason is that the negative impact on China's economy and society is unforgivable. First of all, these computer geniuses have a good desire to create algorithmic digital currency, but because it has no value base, the consideration of bitcoin is dominated by underground economy from the beginning, and then it becomes a tool for speculation. Secondly, every surge of bitcoin is related to Chinese speculators, which is basically the result of domestic speculation and malicious speculation. This kind of malicious speculation not only has a serious impact on China's financial market, but also creates conditions for many illegal funds to flee. Third, bitcoin and other algorithmic currencies have never served the real economy in China, and have promoted the development of the real economy. On the contrary, let the funds serving the real economy flow into the market for speculation, which has a serious crowding out effect on the real economy. Fourth, under the above circumstances, bitcoin and other so-called "algorithmic digital currencies" will surely become increasingly tools for money laundering, drug trafficking, smuggling, illegal fund-raising and other illegal and criminal activities, and the responsible government must absolutely own this market.

6. To make this kind of virtual currency, we should be prepared to lose money. Only two out of ten make money, so you know.

7. Grade 1 is in each place of birth<

grade 5 Qingliangshan should cross the river,

grade 10 Qingliangshan should not cross the river. The river on the left side of the village is mostly

grade 15 is in the mining area, above Lei Dayong<

grade 20 is located in the mining area, where cattle are beaten, Hukou Waterfall grade 20 is located in the mining area,

grade 25 is located in Luliang Mountain,

grade 30 is located in Taiyuan (there are 7 or 8 points concentrated at the entrance of Luliang Mountain to shentouling)

grade 35 is located at the top of LENGKOU city in lujiazhuang,

grade 40 is located at the bottom right of Jinan coachman, as if there are LENGKOU and weijiadian 40 / 45, From lotus root / Wuhan in Tongcheng to Zaozhuang in weijiadian

50, from Taiyuan, lujiazhuang, Matian and Jinan to Zaozhuang<

55 / 60 mines are located in Baiyangding and Shijiazhuang (the lower left corner of 60). There are many 55 mines in Shijiazhuang, and 55 / 60 mines are relatively difficult to dig. When you enter Baiyang from Beiping, you must hang to Fuping, and then enter Baiyangdian and Shijiazhuang. The

65 / 70 mine is in shentouling. It's dangerous to walk along the right side of the entrance. It's better to prepare for store red and battle red. There are less mines in Shanhaiguan, but it's safer. There are more mine liudian from Beiping and Tianjin to Shanhaiguan, Get ready for red

80 / 85 at the gate of Tianjin

Shanghai seems to have a 90 point

8. According to the relevant literature of bitcoin, in 2140, 2100 bitcoins will be proced and will not grow. According to the principle of bitcoin, after 33 halving periods, the mining output of each block will reach 0.58 Cong, less than the minimum unit of one Cong. The interval of each half rection is 210000 blocks, and the total proction time (2140 years) given in the above literature is calculated from the proction time of each block of 10 minutes 210000 * 10 / 60 / 24 / 365 = 3.9954 * 33 = 132 years. Since 2008, 132 years later, it is 2140 years)
however, it is an ideal state that the "proction time of each block is 10 minutes" used in the above calculation method, which is only true when the computing power and difficulty of the whole network do not change. Looking at the bitcoin blockchain, it is not difficult to find that bitcoin's whole network computing power has been growing for a long time, and the difficulty of mining has also increased. Therefore, it is not difficult to find out that the above calculation is not tenable and there is a huge error.