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How will blockchain change the world

Publish: 2021-05-04 00:11:23
1. A federal judge yesterday ruled that the IRS has access to user information on coinbase, the bitcoin and Ethernet exchange. The judgment came into force on November 30, Jacqueline; Scott & Chen 8226; Judge Jacqueline Scott Corley decided to approve the IRS petition, allowing it to investigate any possible tax avoidance in the United States
coinbase said it was aware of the existence of the judgment and would make a formal statement shortly

and the US government is celebrating this victory. Director of the IRS, John J; John Koskinen said:

like other properties, virtual currency transactions are taxable‘ The purpose of John Doe's summons is to ensure that citizens in emerging economies can abide by tax laws and fulfill their responsibilities

the coinbase user information that IRS applied to view was from December 31, 2013 to December 31, 2015. Coinbase said it would try its best to protect users' privacy when it first received the subpoena

as we all know, the attitudes and regulatory policies of countries around the world towards digital currencies such as bitcoin are not the same, and the tax policies of different countries are also different
on October 22, 2015, the European Court of Justice ruled that transactions in bitcoin and other virtual currencies would be exempt from value added tax (VAT). This decision is a major victory for the bitcoin trading community

generally, Japanese people need to pay 8% consumption tax to buy bitcoin on the digital currency exchange. In October this year, it was reported that the Japanese government planned to cancel the consumption tax generated by the purchase of virtual currencies such as bitcoin next spring

since 2015, the IRS has regarded bitcoin and other digital currencies as taxable assets. Recently, the IRS inspector general has been responsible for the Department's gaps in digital currency taxation. The American Institute of Certified Public Accountants (AICPA) has raised similar questions.
2.

Specifically, users can share the idle storage space and bandwidth resources of cat disk, and these resources will be output to companies such as content, video, game, blockchain, etc. cat disk company will convert the legal currency and various digital currencies paid by the latter into bitcoin, and users will get the corresponding bitcoin income. This is also the unique mining mode of cat disk

why reward bitcoin

because similar procts on the market reward users with points, diamonds and other rights and interests issued by relevant companies, and most of these rights and interests are of low or no value. In addition, those projects that once seemed to be hot are now almost withered, and the early players may benefit, while the late players will lose all their money

as we know, bitcoin is the anchor currency in the digital currency world. Cat disk directly uses bitcoin to motivate users, and users can pick up the coin to their wallet at any time, and their income can be guaranteed. Moreover, the risk of bitcoin breaking is almost zero, and the user's income will be more lasting and stable

how is the mining income distributed

when it comes to distribution, we should first introce the concept of "storage power", which is directly linked to the income of cat disk users. Storage power is an index based on users' shared storage space, bandwidth and online time. The larger the storage space, the faster the bandwidth speed and the longer the online time, the larger the storage power, and vice versa

the cat disk gains revenue by sharing storage bandwidth resources, and users can check the revenue through app every day, that is, how much bitcoin they earn. The profit distribution of maopan mining is not random, but through a series of calculations. In short, users' daily income depends on their personal storage capacity, all users' storage capacity and the amount of money issued each day. The calculation formula is as follows:

single user's daily income = single user's daily storage capacity / all users' daily storage capacity * Daily currency amount

it can be seen that users' daily income is positively correlated with the daily storage capacity index and the daily currency amount, and negatively correlated with all users' daily storage capacity index

what is the amount of money issued every day

the cat disk integrates the storage and bandwidth resources shared by users, provides storage and bandwidth services to the demander, and converts various digital currencies paid by the other party into bitcoin for distribution to users. How much bitcoin is issued every day depends on the actual business situation, so there is no way to give specific figures for the time being. What we can make clear is that, unlike other mining procts, cat disk does not issue its own currency or restrict the mining of a specific kind or several kinds of currency. Instead, it earns various digital currencies paid by others. These currencies are all market currency. Cat disk converts these currencies into bitcoin and distributes them to users

note that all the currencies are negotiable, and the more storage nodes, the more business, the higher the overall mining revenue; For other mining procts, the amount of money that can be mined is limited or issued by the owner. With the passage of time, there will be more and more mining machines, and the mining income will be less and less

3. Blockchain is a technology, but it is not a single technology, but the result of the integration of a variety of technologies, including cryptography, mathematics, economics, network science and so on. You can think of it as a distributed shared accounting technology or a database, but the database is jointly maintained by all nodes in the chain, and each node has an account book, because the account books of all nodes are consistent, and different nodes can trust each other, so there is no doubt about the data, So we all say that blockchain realizes trust technically
based on trust, bumeng has built a digital asset platform, which allows enterprises to issue their own assets. In fact, it is an exploration based on the characteristics of blockchain technology to let these assets circulate freely.
4. A blockchain based world builds trust among multiple parties to a transaction, which does not require them to have private contacts. Our current system uses validation and needs to balance costs. The blockchain world not only makes transactions faster, cheaper and truly global, but also allows each of us to control and track the distribution of our own data
companies like Goldman Sachs, IBM and Cisco, as well as organizations like the world economic forum, the IMF and the Bank of England are experimenting with this technology, which shows that this is not a flash in the pan concept, but a reality
Ethereum, an intelligent contract platform, and decent, a decentralized content publishing platform, are the pioneers of blockchain.
5. Blockchain is just a program mode. The data formed by this program mode is traceable. Compared with other program modes, blockchain programs are more fair, safe and not easy to tamper. It only plays a role in the protection of property rights
it seems that some experts and scholars say that the value generated by blockchain will be ten times that of the Internet. They really disagree with this view. Shanghai is the city with the highest GDP in China and has great development potential. If someone says that the value created by Shanghai will be ten times that of the whole China, what do you think
blockchain is based on network and computer. How can it generate ten times the value of Internet?
6. The traditional centralized institutions occupy most of the social resources, they are the collectors and monopolists of market information and make profits. Blockchain will let all this become the past, and the future will be an era of information sharing
the book "blockchain: blueprint and guide to the new economy" (New Star Press, January 2016), written by Melanie Swann, founder of blockchain Science Research Institute, points out that blockchain plays the same role in trust as the Internet in information. Like the early Internet, blockchain has the potential to innovate everything, and blockchain is the source of power for the fourth generation of instrial revolution. Melanie also constructively proposed the possibility of using blockchain to automatically track all digital behaviors and create a decentralized digital information base for identity verification, so as to provide services traditionally provided at the national level with lower cost and more efficiency
at present, international giants such as Microsoft, Tencent, Wanda, Goldman Sachs, JPMorgan Chase and Dell are all testing blockchain projects, and small and micro enterprises such as European crowdfunding have become the first to eat crabs.
7. Unknown_Error
8. < UL >
  • A: "blockchain is a new application mode of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other computer technologies. The so-called consensus mechanism is a mathematical algorithm to establish trust and obtain rights and interests between different nodes in the blockchain system. " 1、 In the narrow sense of blockchain, blockchain is a kind of method that blocks data in chronological order.

  • < / UL >
    9. Some people say that blockchain can change the world like the Internet. What are the similarities between blockchain and the Internet
    Internet is a decentralized information transmission system, and blockchain is a decentralized value transmission system. Both are known as great technologies that change the times
    the main purpose of the Internet is to realize the rapid transmission and reception of information. Word documents are actually copies of information on the Internet. You have one and others have one
    the blockchain is used for value transmission. The transmission of bitcoin on the blockchain is essentially the transmission of ownership. Your bitcoin becomes someone else's bitcoin
    the data on the blockchain is highly tamper resistant and can only be used after being verified by most nodes in the whole network. Once the records are recorded, they cannot be modified. Every value transmission on the blockchain is clearly recorded and traceable. Blockchain can build trust among centers. Some people say that blockchain can change the world like the Internet.
    10. The ground work is not dangerous, because the air compressor pumps that stop working when they need to be maintained should be maintained when the power is cut. If it is underground, it will not be very dangerous, because it will also stop working when it is maintained, and generally the underground is very safe, and there will be no safety accidents. Besides, the general machines are rarely placed underground
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