One belt, one road estate chain, BTF is bitcoin
but what I want to emphasize is that bitcoin mining is now a very professional instry. Although ordinary people can dig, the cost is much higher than that of professional mining, so it's better to buy money directly.
About bitcoin, the news is flying all over the world these two days
specifically, a foundation called BTN foundation announced that it has set up a bitcoin bifurcated development team to launch a new bitcoin bifurcated BTN. Now its official website is online, which is called btn.kim. Two days later, bitgo, another bitcoin development team, announced that it would fork out from bitcoin. Its name is BTF, which literally means "bitcoin faith"
according to Yao yuan, a well-known bitcoin columnist, bitcoin will "have 10 children" in December, and will at least bifurcate out of 10 "children" such as BCX, SBTC and LBTC
as soon as these things happened, the bitcoin market began to fluctuate again, some investors blew up, and all kinds of rumors came out: why so many forks? Is bitcoin out of order
in fact, the bifurcating of bitcoin is far more complicated than what it shows. If we don't explain its historical background clearly, we really can't understand what happened
< b > the origin of bifurcations: the origin of the bifurcations of bitcoin has existed. The so-called bifurcations refer to the accounting differences caused by different underlying protocols. According to Xue Hongyan, director of the Internet financial center of Suning Financial Research Institute, bitcoin is jointly maintained by a number of point-to-point decentralized nodes. The orderly operation of the whole system depends on the consensus of all nodes, that is, there is a set of recognized standards for key issues such as which transactions are acceptable and which nodes have accounting rights. This set of standards is deployed in the underlying protocol of blockchain and implemented automatically
but nodes are operated by people after all, which is the so-called "miner", but everything operated by people will be different. For example, the miners of some nodes go online every day, while the miners of some nodes go online occasionally; Some nodes are in the eastern hemisphere, some nodes are in the Western Hemisphere... In a word, e to various reasons, over time, bitcoin has different underlying protocols in different nodes
if different versions of underlying protocols are running in a node, different standards will appear, which will result in bifurcation. If the nodes can deal with these version differences and finally form a unified standard, the bifurcation will eventually disappear, which is called soft bifurcation. If the difference cannot be eliminated, when some nodes continue to run different versions of the protocol, the bifurcation will continue, which is called hard bifurcation
it's easy to solve the problem of soft bifurcation, that is, if the account book is wrong, just modify it. Hard bifurcations are not easy to solve. No one thinks he is wrong and explains them according to his own standards. In the end, he can only go his own way and keep his own account. At present, bitcoin bifurcation refers to hard bifurcation
< b > the first bifurcations: the first hard bifurcations of bitcoin technology upgrade are purely technical reasons. The settlement performance of bitcoin itself is limited. According to the original technical agreement, bitcoin can only support up to seven settlements per second. This was not a problem in the early days. With the fire of bitcoin, more and more people flocked in, and the settlement became more frequent than ever. At this time, the original technology was not enough
therefore, in the middle of 2017, some miners proposed new technology agreements, but the other miners did not agree with them. Eventually, both sides held one end and ran their own underlying agreements, which was the first bifurcation in the history of bitcoin
However, with the development of bitcoin trading means, speculators graally regard the bifurcation as a means of money collection, which leads to a great change in the nature of the current bifurcationthe principle is that each bifurcation is essentially equivalent to the issue of a new digital currency, which is linked to bitcoin. The target audience is larger than the general ICO, and it is easier to be accepted by ordinary users than issuing a new digital currency directly
because the team that creates this kind of bifurcation takes the lead, it is very easy to control the transaction of the new currency, especially in the early stage, and it only needs a small cost to control the price trend of the whole currency. This leaves a lot of room for speculation. The forked team only needs to make the new currency accepted by the users, and then it can artificially raise the price to a sky high price. After the real users come in, they can sell all the money they hoard, and get high profits out of thin air
on October 25 this year, a domestic team forked out bitcoin gold (BTG). Two days before the forking, Jiang Zhuoer, CEO of leibitchi, denounced the forking as money looping: "Liao Xiang, founder of BTG, had g 200000 BTG coins in advance before the forking, and wanted to convert them into 20000 bitcoins, looping 80 million yuan."
The advantage of bifurcations can be seen, so that the word "bifurcations create value" has become popular in the field of currency speculation. For this reason, a new word "IFO" - first token issue has been derivedHe Sheng, a well-known financial blogger, once told the media that most of the so-called IFO may evolve into the operation of collecting money by harvesting leeks. "Many previous ICOS are doing IFO, and ICO needs to write a white paper and go to the stock exchange to gain market recognition, while IFO does not even need to write a white paper."
this also explains why bitcoin is becoming more and more profitable. To put it bluntly, everyone wants Nakamoto
Can< b > not bifurcate
whether it's Hong shuning of Suning finance, or Mike & Chen, CEO of bitgo, a bitcoin wallet software provider and one of the project leaders of segwit2x; Mike belshe, the instry actually refuses this bifurcation of bitcoin. In fact, real blockchain practitioners have always hated speculation. At present, the leading enterprises in the domestic blockchain instry have clearly expressed their opposition to the overflow of bitcoin bifurcation. For example, when Xunlei launched the first popular blockchain project in China, its CEO Chen Lei said in an interview: "Xunlei opposes all speculative activities using blockchain, so it is definitely against bitcoin for the purpose of speculation and leek cutting arbitrage."
However, to solve this problem, it is not enough to have an attitude alone, but to have specific means. The best way is not to let bitcoin bifurcatethis is difficult to achieve. Bitcoin's own technology is a relatively primitive blockchain technology with limited computing power. It can barely cope with the previous transaction scale. In view of the current situation of bitcoin fire, it is difficult to support. So sooner or later bitcoin will have to solve the problem of its own computing power
but there is no hope at all. With the innovation of blockchain technology, there will always be some new ways. For example, the shared computing proposed by Xunlei can effectively improve the total amount of computing power and rece the cost per unit of computing power without changing the existing hardware facilities. If bitcoin is combined with shared computing, it can effectively solve the problem of bitcoin's computing power limit without new bifurcation
secondly, the bifurcations for the purpose of cutting Chinese chives can be supervised by means of supervision. For example, compared with the real name system of special currency wallet, the real name system of transactions can effectively prevent the risk of Financial Bureau. At present, the real name system has been implemented in some blockchain projects, and has achieved good results. For example, Xunlei's blockchain is the first blockchain application to introce the real name system in China, which basically eliminates the hidden danger of malicious speculation
in a word, there is a way. It depends on whether bitcoin players accept it or not, and there is a process to implement it. It takes time. Therefore, at this stage, it is better for us to stay away from the bifurcations of bitcoin in various names
No one can guarantee that bitcoin will double in 2021, but we can buy a small amount of bitcoin, but don't think too much about it, because bitcoin is only a virtual currency after all, it's just a virtual thing with value-added that we can see, It doesn't have value-added parts like RMB or gold, but in this case, everyone may be interested in bitcoin, just because it is a conceptual thing. If bitcoin wants to increase its price, there will be some crazy price increases, but if it wants to rece its price, it will be very fast, This bubble will be much faster than the housing bubble. p>
sometimes when we see the rising price of this kind of currency, we may feel very sad, but for each of us, the rising price of this kind of currency is not necessarily a real rising price, even if it is gold, it is a kind of hard currency. If the price of bitcoin goes up, it may be that gold prices all over the world are going up, but for bitcoin, it is just a conceptual thing. If it wants to go down, it will go down faster than this kind of real stock. Whether bitcoin can double again in 2021, no one can guarantee it, However, if you are interested in bitcoin, you can buy it in small quantities. If you are not interested, don't touch it
Bitcoin is a scam
because bitcoin is a kind of virtual currency, most of which are unregulated and bypass the traditional banking system. Its sharp rise worries regulators around the world. Jamie Dimon, JPMorgan's president, described bitcoin as & quot; A scam & quot;. Because compared with bitcoin, it's not real, it's going to end in the end
virtual currency similar to bitcoin is based on blockchain technology. It is a kind of accounting technology using anonymous computer network operation. No government or central bank has endorsed bitcoin. Therefore, no one can support the value of bitcoin
extended information:
pyramid selling is to absorb and allocate funds by developing the relationship between the upper and lower line. In the bitcoin investment market, the elderly and new people do not have the time advantage, nor do they rely on high profits to pull down the line. In the face of market fluctuations, no one can guarantee that they will make money, and the elderly can not force them to get income from pulling new people
bitcoin or other digital currency does not belong to any person or organization. It is an uncontrolled and decentralized program. The code is fully developed, and the total amount cannot be modified or destroyed
anyone can participate in bitcoin activities, which can be issued through computer computing called mining. The number of bitcoin protocols is capped at 21 million to avoid inflation. Bitcoin is used as a digital signature through the private key, which allows indivials to pay directly to others. It is the same as cash, and does not need to go through third-party institutions such as banks, clearing centers, securities dealers, electronic payment platforms, so as to avoid high fees, cumbersome processes and regulatory problems. Any user can use it as long as he has a digital device that can connect to the Internet
however, e to the limited transaction volume that bitcoin blockchain can accept in a certain period of time, it can accept up to 2500 transactions every 10 minutes, and the transaction handling fee will fluctuate with the transaction volume of bitcoin. In June 2017, the transaction handling fee of less than 1 millibit has been far greater than the transaction amount; In December 2017, steam announced that it would stop accepting bitcoin because of "high transaction costs and high volatility". In February 2018, the average transaction handling charge dropped from $34 in the fourth quarter of 2017 to about $1. This problem is being solved by technologies such as lightning network to expand the transaction volume of bitcoin within a certain period of time
P2P can refer to:
peer-to-peer, a network technology and network topology
file sharing, often using point-to-point technology
point-to-point protocol, which is used for dial-up computing, is usually abbreviated as PPP
Peer-to-Peer Lending, also known as P2P lending, is also known as Internet lending and P2P financing in Chinese mainland.
pay to play
a method for preparing methamphetamine from methylamine.
blockchain is a technology, bitcoin is a blockchain based proct
both stock market and futures belong to the national investment platform, and now the country has also set up a futures exchange
Where is this correct?
each gold coin can be exchanged for 0.0014 yuan
in gold coins × 0.0014 yuan
if you want to mine, Avalon's fourth generation 28nm chip instry is not a good choice. Avalon takes the USB miner of the fourth generation chip, and the workmanship is very fine.