What is a BTC file
reference link: http://wuhan.pbc.gov.cn/wuhan/2929354/3393665/index.html
Bitcoin is a kind of virtual encrypted digital currency in the form of P2P. Different from 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 the use of cryptography design to ensure the security of all aspects of money circulation. However, on September 4, 2017, the central bank and other seven ministries and commissions announced that virtual currency trading is prohibited in China, and bitcoin is prohibited from circulating in China
according to the first article of the notice on preventing the financing risks of token issuance, we should accurately understand the essential attributes of token issuance financing activities. Token issuance financing refers to the illegal sale and circulation of tokens by the financing subject to raise the so-called virtual currency such as bitcoin and ether coin from investors. In essence, it is an unauthorized illegal public financing behavior, which is suspected of illegal sale of token bills, illegal issuance of securities, illegal fund-raising, financial fraud, pyramid schemes and other illegal criminal activities
Relevant departments will closely monitor relevant developments, strengthen cooperation with judicial departments and local governments, strictly enforce the law in accordance with the current working mechanism, and resolutely deal with market chaos. If suspected crimes are found, they will be transferred to judicial organs. The token or "virtual currency" used in token issuance financing is not issued by the monetary authority, does not have such monetary attributes as legal compensation and compulsion, does not have the same legal status as currency, and cannot and should not be used as currency in the market
extended information:
Article 3 of the announcement on preventing the financing risk of token issuance strengthens the management of token financing trading platform. From the date of this announcement, any so-called token financing trading platform shall not engage in the exchange business between legal tender and token and "virtual currency", nor buy or sell token or "virtual currency" as a central counterpart, nor provide pricing, information intermediary and other services for token or "virtual currency"
for the token financing trading platform with illegal problems, the financial management department will request the competent department of telecommunications to close its website platform and mobile app according to law, request the network information department to remove the mobile app from the app store, and request the instrial and commercial administration department to revoke its business license according to law
Article 4 financial institutions and non bank payment institutions shall not carry out business related to token issuance financing transactions. All financial institutions and non bank payment institutions shall not directly or indirectly provide procts or services such as account opening, registration, trading, clearing and settlement for token issuance and financing and "virtual currency", nor undertake insurance business related to token and "virtual currency" or include token and "virtual currency" into the scope of insurance liability. Financial institutions and non bank payment institutions shall report to the relevant departments in a timely manner if they find clues of violation of laws and regulations in token issuance financing transactions
bitcoin is a kind of network virtual currency, which is similar to Tencent's q-coin. You can use bitcoin to buy some virtual items, such as clothes, hats and equipment in online games. As long as someone accepts it, you can also use bitcoin to buy real-life items
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 has no more than 10.5 million in the first four years, and the total number after that will be permanently limited to 21 million. Another point is that you can use computers to make bitcoin<
detailed introction
bitcoin is a kind of electronic currency proced by open source P2P software. Bitcoin has also been paraphrased as "bitgold". The concept of virtual currency bitcoin was first proposed by Satoshi Nakamoto in 2009. Now bitcoin is also used to refer to bitcoin's open source software designed and released according to the ideas of Satoshi Nakamoto and the P2P network built on it. Unlike most currencies, bitcoin does not rely on a specific central issuing institution, but uses a distributed database throughout the P2P network nodes to record currency transactions, and uses cryptography design to ensure the security of all aspects of currency circulation. For example, bitcoin can only be used by its real owner, and only once, after the payment is completed, the original owner loses the ownership of the bitcoin
features
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
When you want to give up, think about what you were here for
bitcoin is stored in a program or client and controlled by private key
2. Bitcoin GB or MB or KB
after the complete bitcoin client is synchronized, it has a volume of 23g at present. Because of its large size, there are currently online wallets or lightweight clients to choose from
3. Whether the size of each bitcoin is the same
Yes
you can check bitcoin's Chinese wiki
Bitcoin core wallet is the most complete and secure wallet on the market, and it is also the earliest bitcoin client. However, e to the huge volume of blockchain data file (blockchain) that needs to be loaded in the proct and slow startup, it will be troublesome for novices to start

bitcoin wallet
a wallet usually has multiple private keys, and many bitcoin investors also have multiple wallets. Wallets can be placed on computers and / or mobile devices, on physical storage devices, or even on paper
e-wallet - e-wallet can be downloaded software or hosted in the cloud. The former is just a format file that exists on your computer or device to facilitate transactions. Hosted (cloud based) wallets usually have a more user-friendly interface, but you will trust a third party with a private key
software Wallet - installing a wallet directly on your computer can provide you with the security of your control key. Most have relatively simple configurations and are free. The disadvantage is that they do require more maintenance in the form of backup. If your computer is stolen or damaged, and your private key is not stored elsewhere, you will lose bitcoin
Mobile Wallet - mobile wallet can be used as an application for smart phones, especially if you want to pay with bitcoin in the store or buy and sell on the road. All of the online wallets mentioned above and most of the desktop wallets have mobile versions, while others (such as Abra, airbitz and bread) are created with mobility in mind
Hardware wallets - hardware wallets are small devices that are sometimes connected to the network for bitcoin transactions. They are very secure because they are usually offline and therefore cannot be hacked. However, they may be stolen or lost along with bitcoin belonging to the stored private key. Some large investors keep their hardware wallets in secure locations, such as bank vaults. Trezor, keepkey and ledger and the case are obvious examples
paper wallets - perhaps the simplest of all wallets, these are all paper with the private key and public key of the bitcoin address printed on it. These wallets are ideal for long-term storage (obviously, away from fire and water) or as a gift of bitcoin, because they are not connected to the network, so they are more secure. However, they are more likely to be lost
with services like walletgenerator, you can easily create new addresses and print your wallet on the printer. Fold, seal, and you're done. Send some bitcoin to the address and store or distribute it safely
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