Bitcoin transfer and private key

1. The private key of bitcoin wallet is a string of codes, which is very long. It is not 12 words, let alone (34 strings at the beginning of 1).

2. In order to make it easier for new people to understand, sister coin will use some metaphors. Although she is not strict, she will understand better
the private key is like your bank card password
the address of bitcoin wallet is like your bank card
as long as you have the bank card and password, anyone can withdraw money from ATM
the address of bitcoin wallet is public, which means that everyone else has your bank card, so your bank card password (private key) becomes very important at this time
once your key is disclosed, others can transfer your bitcoin

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3. Bitcoin is an electronic coin proced by open source P2P software. Digital coin is a kind of network virtual asset. Bitcoin is also paraphrased as "bitcoin.". Bitcoin is based on a set of cipher codes and generated by 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.

4. Computers with bitcoin clients are called nodes, and all nodes on the Internet constitute a bitcoin network. Whenever a new bitcoin is generated and traded on a node, the node will broadcast to the nearby bitcoin node, and finally the whole network node will record the transaction information
in the bitcoin network, each node with a client installed has a distributed database to manage bitcoin proction, transaction, query account balance records, and update and record the latest records of changes in the bitcoin system
when you want to send 10 bitcoins to your friends. You need two things, one is the bitcoin address, the other is the corresponding private key. Bitcoin addresses are different from bank accounts. You don't need to sign a bunch of documents to apply for them. They are randomly generated, just a string of letters and numbers. The private key is also a similar string, but this is strictly confidential. The bitcoin address is like a transparent piggy bank. Everyone can see what's in it, but only the person with the private key can open it.
after you send the transaction application, the surrounding nodes will check whether your account has 10 bitcoins. If there are, they will agree to the transaction, and broadcast the message to the nearby nodes, which will be transmitted from one to ten, and from ten to 100, Soon the whole network will confirm the transaction information and write it to the block. Your friend will receive 10 bitcoins, and the transaction will be completed.
if you want to send small bitcoins, in theory, digital currency can be cut infinitely. At present, the smallest bitcoin unit is called "Nakamoto Tsung", which is equivalent to 0.00000001 bitcoins.

5. The digital signature of bitcoin is an anti-counterfeiting string generated only by the transferor of bitcoin transfer. By verifying the digital string, on the one hand, it proves that the transaction is initiated by the transferor, on the other hand, it proves that the transaction information has not been changed in the transmission
digital signature shortens transaction information to a fixed length string through digital digest technology. For example, when Niuniu initiates a bitcoin transfer, it needs to first digest the transaction into a string, and then encrypt the digest with its own private key to form a digital signature. After the completion, Niuniu needs to broadcast the original (transaction information) and digital signature to the miner, and the miner uses Niuniu's public key for verification. If the verification is successful, it means that the transaction is indeed sent by Niuniu, and the information has not been changed
at the same time, the private key encrypted by digital signature is inconsistent with the public key decrypted by digital signature, so asymmetric encryption technology is adopted. It looks so complicated. In fact, you only need to input the private key to complete the transfer instantly!

6. In the legal currency system, each country has a strict clearing and settlement system. For example, inter-bank transfer and non local transfer will take a long time to wait or have high handling charges. Especially in foreign exchange transactions, there are strict controls on foreign exchange transactions between countries. None of these rules exist in the bitcoin network. You only need to send a transfer request gently, and it can basically arrive in an hour.

7. Fly to the sky, fly to ariante, and then order camels to the desert.
when you get there, you'll be happy. Go to the desert and knock on the plane map of desert scorpion 29j monster, which is very good.
if you don't think it's easy to knock on the group, you can go to the next layer. There will be more desert marmots.
it's also flat land.
but are you a soldier, If not, it may not be suitable for me. There are many strange pictures in the desert.

it will drop quickly. I think it will be 30 in half a day. I hope you can arrive at 30 as soon as possible.
please accept it·

8. We can't study this thing. It's all done by those digital scientists. We only know how to buy or sell it. If it's stolen by others, it's not caused by ourselves. For example, if you're in the exchange, you can get compensation. If there's a wallet, it's your own business. No one can steal it. Only you know the private key