What conditions should the main network on the blockchain meet
bitcoin is a typical blockchain system, which can be studied carefully
in the bitcoin system, the number of bitcoins issued by each block decreases with time. Each block from Genesis block will issue 50 bitcoins to the bookkeeper of the block, and then the number of bitcoins issued by each block will be reced by half every four years (210000 blocks), and so on, until the number of bitcoins is stable at the upper limit of 21 million [19]. There will be a service charge in the process of bitcoin transaction. At present, the default service charge is one in ten thousand bitcoins, which will also be recorded in the block and rewarded to bookkeepers
with the soaring price of bitcoin, more and more people join the bitcoin mining instry. How long does it take to dig a bitcoin? How amazing is the power consumption of bitcoin mining machine? First of all, let's take a look at the "blockchain". The core principle of bitcoin is "blockchain". Each block corresponds to a bill. Linking all blocks is a blockchain. Any transaction information and transfer records are recorded in the blockchain. It should be noted that the blockchain exists in the whole Internet, so no bitcoin holder is worried about the loss of bitcoin
blockchain is probably such a structure. Let's explain it briefly. Taking the bitcoin blockchain as an example, the blockchain is not only bitcoin blockchain. As early as 2009, there was only one blockchain, bitcoin blockchain. In recent years, there have been other blockchains. In a moment, I will also introce the blockchain of Ethereum, or bitstock, as well as various blockchains. After the development of blockchain, Now it has entered the public chain and private chain. Just like bitcoin, the public chain is an account in the world. Bitcoin has only one blockchain in the world, which is owned in the world. Later, it developed to some financial institutions, which want to use blockchain to do things. It can't do things on a blockchain without national boundaries. Bitcoin blockchain is global, There is no sovereignty to manage it, no central organization to manage it, and almost no one can harm it. Not only hackers can't harm bitcoin blockchain, but also the government can't harm bitcoin blockchain.
a small exchange may not need money, and you can even set up your own exchange for $1.2 million
large exchanges, such as fire currency and currency security, should be more than 10 million RMB
for example, some time ago, the voting cost of huocoin was about 30 million yuan
finally, the scope of blockchain is relatively large, not just sending a token to the exchange. Therefore, the exchange on the blockchain is a sick sentence.
Bitcoin is a kind of cryptocurrency based on decentralization, using peer-to-peer network and consensus initiative, open source, and blockchain as the underlying technology
on January 3, 2009, Chuangshi block was born. Anyone can participate in bitcoin activities and issue bitcoin through a computer operation called mining. Since the number of bitcoin protocols is up to 21 million, some people think that inflation can be avoided
in 2010, bitcoin proced a price in the transaction, and the initial price was about US $0.0025 per coin. If compared with the current $30000 each, the "value" of bitcoin has increased by more than 12 million times in about 10 years
many people in the "coin circle" believe that the players behind bitcoin are no longer technicians and blockchain enthusiasts, but global financial institutions
when bitcoin and other blockchain digital assets increasingly get the participation of mainstream investment institutions, it will help to rece the concern about the legitimacy of bitcoin
in November 2020, PayPal, an online payment giant with more than 300 million users, announced to provide bitcoin trading services for qualified US customers after purchasing a large number of bitcoin
in December 2020, Singapore DBS Bank launched bitcoin and other digital asset trading services for institutional investors. In the past three years, the bank has been calling bitcoin a Ponzi scheme...
however, the soaring virtual currency represented by bitcoin has not changed the reality that it is not generally recognized by the mainstream financial market, which means that the higher the value of bitcoin, the higher the value of bitcoin, The more risky investors are
After all, behind the virtual currency, there is nothing but artificial scarcity caused by technology1. Asia and the Middle East will actively promote blockchain
2. Network security requirements will drive the popularization of blockchain
3 - all instries will fully invest in blockchain application technology
4 - automation and privatization are coming.
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