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Debate on bitcoin

Publish: 2021-04-29 00:41:08
1.

In the discussion of blockchain, bitcoin and other digital currencies, we often hear the word "bifurcation". So what is bifurcation? What is the effect of bifurcation

blockchain

before talking about bifurcation, popularize a little knowledge of blockchain, so as to help us understand what bifurcation is more easily (if you don't have any concept of blockchain, please read my previous articles, which are all popular words to help you understand what blockchain is)

blockchain, as the name suggests, is a chain composed of blocks. Of course, this kind of chain is just a figurative metaphor. To put it bluntly, data blocks are connected orderly. In bitcoin, the transaction records of bitcoin are stored in the block. The size of the block and the space occupied by the transaction records determine how many transactions can be stored in a block. These transaction records are packaged into blocks, and then the blocks are connected one by one to form a blockchain

We know that bitcoin software, like other software, needs to be updated and modified regularly in order to make it better. So a new version will appear, but not everyone will download the new version, so one miner will run the old version, and some will run the new version. If the old and new versions are not compatible, the blockchain will bifurcate. Because there may be differences between the version blocks and the old version blocks, they cannot be connected to the same blockchain, so there will be two or even more chains, which is called bifurcation

soft forking

soft forking refers to that when the new consensus rules are released, nodes that have not been upgraded will proce illegal blocks because they do not know the new consensus rules, resulting in temporary forking. This kind of bifurcation will be graally repaired with the upgrading of nodes

hard fork

hard fork refers to the permanent divergence of the blockchain. After the release of the new consensus rules, some nodes that have not been upgraded cannot verify the blocks proced by the upgraded nodes, and usually hard fork occurs. Therefore, in the field of digital currency, hard bifurcation often leads to the emergence of new currencies. For example, the hard bifurcation of Ethereum led to the emergence of eth

What is bifurcation? What is bitcoin bifurcation

2. I just tried the yu'ebao function
(1) RMB recharge purchase π First, according to the exchange rate (RMB 6.74 to US $1 on July 26, 2017), it will be converted into US dollars, and then it will be purchased at the rate of US $5.98 on July 28, 2017 π Purchase π In the process of recharging, the handling fee is charged in US dollars. The service charge is still very high (they say it's 6% of the total). You can transfer the funds π In this "yu'ebao", 10 days of appreciation will not bring back the money of handling charges. So I feel like it's a hoax< br />2 π It's expensive to buy coins on the app's exchange (5.98 U.S. dollars to 1 π 97 dollars to 1 π Currency). I just hope you put the money in it and don't withdraw it, waiting for appreciation and occupying your money. As long as it turns into RMB, it will be sold and it will lose money. So I feel like it's a hoax
(3) this π Currency is not the currency issued by the state in the form of economy (equivalent to gold or monetary credit of the State Finance), but the virtual value issued by a certain group, which will have risks. You only need a mobile phone number to register, not an ID card. It means that it is not a national act, and the currency value will have the risk of cashing and cashing. In other words, if the app is banned or closed by the competent department of the national government, there will be no virtual currency purchased by RMB recharged by itself. So I feel like it's a hoax.
3. 1、 The definition of virtual currency
virtual currency originally refers to non real currency.
in the case that virtual currency is connected with reality, virtual currency has its real value. Well known virtual currencies such as Tencent's q-coin, q-point, Shanda's roll, Sina's u-coin meter ticket (used in igome game), chivalrous Yuanbao (used in chivalrous road game), and so on, In the era of stand-alone games, the protagonists accumulate money by knocking down the enemy and winning money in gambling houses to buy Herbs and equipment, At that time, there was no "market" between players. Since the Internet established the portal and community and realized the game networking, there has been a "financial market" for virtual currency, and players can trade game currency.
the second type is the special currency issued by portal websites or instant messaging service providers, Tencent's q-coin is the most widely used to purchase services on this website. It can be used to purchase membership, QQ show and other value-added services.
Third, the difference between real currency and virtual currency

the first feature: different value formation mechanisms.
general currency and virtual currency have different value bases, the former represents utility, The latter represents value.
as a general equivalent, the "price" of currency is called value in language, but actually refers to utility. Virtual currency does not represent the "effect" of general "price", but the value itself.
virtual currency is not a general equivalent, but a manifestation of value relativity, or a symbol of expression; It can also be said that virtual currency is a personalized currency.
the second feature is that the monetary decision mechanism is different.
general currency is decided by the central bank, while virtual currency is decided by indivials.
reflected in the monetary decision mechanism, real currency is decided by the central bank; The virtual money market (such as stock market and game money market) is determined by forces outside the central bank, The economy formed by stock market and derivative financial market is called fictitious economy. The essence of fictitious economy is information economy with indivial as the center.
the third characteristic is that the value exchange mechanism is different.
the value conversion of general currency is completed in the money market; The value exchange between general currency and virtual currency is completed through the overall exchange of the two markets. Under special conditions, there is an immature exchange relationship between indivial markets. Therefore, it can be said that general currency and virtual currency are in different markets.
some people worry that game virtual currency may cause inflation, Just as the imbalance of supply and demand in the commodity market can not directly lead to the imbalance of supply and demand in the money market, it must be through the issuance of additional money in the overall market to lead to inflation; At present, the stock market is a unified market, but the game market is not.
for example, the ratio of a certain game virtual currency to RMB may initially be 800000 to 1, Then it may change to 8 million to 1. Maybe the virtual currency of a castle today will be enough to buy a Tomahawk tomorrow; If the virtual currency forms a unified market, it may indeed exert pressure on the money market. The problem is that there is no such unified market now. The issuers of game currency are independent of each other and do not have the status of financial subject, let alone the exchange with currency at the level of financial market. What's more, whether it is base currency or value-added currency, The currency volume (m) and the currency price level (V, i.e. the velocity of circulation) have not changed, so it can not be considered that there will be monetary inflation or deflation.
for the current game currency depreciation, it is better to explain that the service conditions of a game as a value-added service have changed, As the demand for virtual currency increases, the price of services involved and the price level of virtual currency decrease. Due to the change of supply and demand conditions of such services, the price of services decreases. This is a phenomenon that can be explained by a real commodity market
4. After the mobile phone is infected with the virus, don't panic, just check and kill it in time
turn on Tencent mobile phone housekeeper security protection (or in-depth check and kill, turn on settings stubborn Trojan horse special kill)
if it's not enough, You can get the root and clear it
Open Tencent mobile phone manager (PC) - App treasure - Toolbox - one click root
or swipe the machine
Open Tencent mobile phone manager (PC) - App treasure - Toolbox - swipe the machine
or leave the factory
click settings immediately, find the settings to restore the factory, click to restore the factory and restart the phone. Virus Trojans are basically cleared. If there is a memory card, take it out, format it and put it back into the phone
3. Keep a good habit of using mobile phones. Install well-known security software, don't log on the website of pornography, gambling and drugs, don't click the unknown link, don't click the SMS with link from friends, often scan the mobile phone system, etc
4. If you find a problem, you must solve it immediately. Don't delay your time.
5. The data obtained from the source code analysis of this web page is not real-time content,
because this web page is updated by JS file,
it can only imitate the browser to accept and analyze the web page after JS running.
6. It's mainly about interests. There are mainly the following types of people who oppose BCH:
1. They hype themselves and pave the way for their bifurcating bitcoin. For example, Liao Xiang, who once strongly opposed big blocks, paid big money, and they all bifurcated bitcoin
2. Misled by the core development team, the melon eaters regard the miners as a group of criminals
3. The core development group's opposition to BCH is not only a divergence of development roadmap, but also a dispute of interests. The lightning network promoted by the core development group can make the gold owners behind it profit through the lightning network.
7. No, bitcoin is inborn and can't meet the financial needs of inflation, so it's useless. In the future, it will only be a collection or souvenir at most, and it's a dream for you to let the money in the hands of non bitcoin holders recognize the value of bitcoin in the hands of holders
moreover, bitcoin will not be recognized by the central bank, nor can it be circulated openly, so the audience is very small, and there is no basic value support, so it will die out sooner or later
it is certain that any digital currency not recognized by the central bank has no future.
8. Gold, gold standard and hard currency. But the appreciation will not exceed bitcoin at present, but the value will be maintained.
9. The ideal is good ~ but for the goal that may not be achieved, pursuing it recklessly will not necessarily be successful ~ success will not necessarily be able to do well ~
setting a practical goal can be more active and beneficial than holding fantasy! Everyone has his own ambition, as long as the actual!
10.

The more people grow up, the more they find that there are many reasons they should know earlier. For example: & lt; If I had known that swimming could grow tall, I would not have been so short& ldquo; If I had known about bitcoin earlier, I would be a millionaire now& ldquo; If I had known the importance of reading earlier, I would have entered a famous university now;. Fortunately, now that I realize that I have many shortcomings, I can understand some truth earlier, so that I will no longer regret my ignorance

life is actually a kind of operation. Time is your most precious resource. Money and relationships are all your inputs. What you attach importance to, career, friendship, family, put in more, plant melon and get melon, and balance various relationships is what you should do well

Thank the world. If you feel touched, you should express it. It's important to learn to express

“ Don't promise when things are not right. It's wrong to advance or retreat& rdquo; This sentence of "Di Zi Gui" is alarming. This lets people know that don't complain about what you agree to and don't agree to what you complain about

communicate with people of different occupations and levels as early as possible. Don't confine your social circle to your own department or your own job. There are all homogeneous people there, and you may never realize that there are many possibilities in life
you can join clubs and interest groups to get to know excellent people in other fields. Of course, you can also get to know less excellent people and think about how the gap arises. Then think about whether you can do as well as good people

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