How does bitcoin complete the transaction according to the addre

The remitter will pay bitcoin directly to the other party according to the address of the payee through the computer or smart phone

after the transaction data of bitcoin is packaged into a "data block" or "block", the transaction is initially confirmed. When a block is linked to a previous block, the transaction is further confirmed. After six block confirmations in a row, the transaction was irreversibly confirmed

the bitcoin peer-to-peer network stores all transaction history in the "blockchain". The blockchain continues to extend, and once new blocks are added to the blockchain, they will not be removed. In fact, blockchain is a distributed database composed of a group of scattered client nodes and all participants, which is a record of all bitcoin transaction history

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users can buy bitcoin, and at the same time, they can "mine" bitcoin by using computers to perform a large number of calculations according to the algorithm. When users "mine" bitcoin, they need to use the computer to search for 64 bit numbers, and then compete with other gold miners by repeatedly solving puzzles to provide the required numbers for the bitcoin network. If the user's computer successfully creates a set of numbers, then they will get 25 bitcoins

from 2012 to 2014, bitcoin swept the world, and graally formed the "virtual currency" instry chain represented by bitcoin. This is a change in the financial instry and a new proct of the combination of the financial instry and the Internet. It represents a financial milestone in the new era and marks a new chapter in the history of the Internet. Bitcoin fund is one of the derivative procts represented by bitcoin in the era of "virtual currency"

according to the relevant news reports of Fuhui China, bitcoin fund will be open for operation in the autumn of 2014. Fuhui bitcoin fund, as the world's first operation mode of mutual benefit and win-win with financial management mode, is original and full of temptation and challenge

The account you receive bitcoin is your own bitcoin wallet address. It's different because you have created multiple bitcoin addresses. You can send the bitcoin from the address where you receive bitcoin to your original bitcoin wallet address. Let's take coinbase as an example to illustrate how to use bitcoin Wallet:

register an account first, which is equivalent to opening an account in a bank. Click sign up in the upper right corner to register an account. Enter your email and password on the registration page to register successfully

then, click accept and continue to accept the agreement

after successful registration, you can sign in for account operation. You can select create new address in account settings / bitcoin addresses to select the address of each collection. Click Details on the right side of the newly created account to modify the label to mark the purpose of the address, and save changes to confirm the modification, so that you can clearly know what a certain payment is for

note: the 32 characters in the address are the address of each transaction, which can be sent to the person who wants to transfer bitcoin to you. Or enter the address where you are going to transfer bitcoin to complete the transfer operation. The transfer process may take some time

of course, you can also transfer out bitcoin through send money in send / request. Click send money to enter the destination address (32 strings) in the dialog box, and enter the number of bitcoins to be transferred in the amount BTC. Of course, you can also write some information in the message. Then click the send money button to complete the transfer operation

You can download a bitcoin wallet or register on a trading platform. Everyone's bitcoin address is unique. If you have an address, you can make a bitcoin transfer. Download bitcoin client or bitcoin wallet, you can also register your own bitcoin address. A bitcoin address is a string of 26 to 34 bits of letters and numbers, which looks a bit like garbled code

the bitcoin address is an indivial's bitcoin account, which is equivalent to your bank card number. Anyone can transfer bitcoin to you through your bitcoin address. The red box is the bitcoin address. Log in to my bitcoin bag and you can see the money

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the concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's idea, the open source software was designed and released, and the P2P network on it was constructed. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system

unlike most 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. 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. 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

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

reference: network bitcoin

there are two ways to trade bitcoin, one is spot trading, also known as currency trading, which requires the purchase of usdt (omnilayer protocol based digital assets released on bitcoin blockchain), and then the purchase of spot, and the other is futures trading. the futures trading is divided into delivery contract trading, which is generally a weekly contract, Next week contracts, quarterly contracts and perpetual contracts

6, when I successfully transfer my bitcoin recharge to the trading platform, I can sell my bitcoin on the trading platform. On the trading platform, click the "sell bitcoin" option under the trading column

7. Then select the type of order to sell, the quantity of bitcoin to sell, and click the "next order" button to continue

9, when the transaction is successful, you can withdraw RMB to your bank card. Under account management on the left side of the page, click "RMB withdrawal", and then fill in according to the required format in the right pane. Finally, click the "withdraw" button