How is the unit of blockchain currency generated
virtual currency is simply a kind of digital currency using cryptographic algorithm, and virtual currency is invisible
the media of the central bank also said that private digital currency transactions will not be opened after the situation is stable
(1) Technical level. Since 2007, distributed computing has affected technical developers, so it is normal for bitcoin to appear in the field of virtual currency
(2) hardware level. The popularity of PC servers and the exponential growth of computing power (3) commercial level. The three characteristics of blockchain, namely, decentralization, distrust and extremely difficult forgery, just meet the needs of recing the trust cost and speeding up the transaction speed in financial fields such as stock trading and bank settlement (4) political level. Blockchain can rece the transaction cost to a certain extent, but the anonymity and untraceability of blockchain cause huge political risk[blockchain as the underlying technology of bitcoin was proposed at the end of 2008]
blockchain technology is not only the underlying technology of bitcoin, but also the core and infrastructure of bitcoin bitcoin has been running without any centralized organization operation and management. Later, bitcoin technology was abstracted, which was called blockchain technology or distributed ledger technology
extended data:
disadvantages of blockchain technology applied to digital currency:
first, there is no circulation management organization for "decentralization" blockchain technology is essentially a distributed database system with one-way linked list logic structure and P2P network design mode, which determines that there is no unified central control system for virtual currency based on blockchain technology
Second, it is difficult to effectively control the quantity supply the circulation of virtual currency based on blockchain technology is fixed, and according to Fisher Equation, the total transaction volume of the whole society under a certain price level in a certain period has a certain proportion with the required nominal currency volume, while the constant currency volume obviously can not meet the requirements of the growing total price of social goods Thirdly, "mining mechanism" is difficult to create recognized value bitcoin itself has no value and no national credit support. Some people think that "by continuously consuming computing power and energy to inject value into virtual currency", but it is obviously not the most efficient choice to consume millions of calculations in order to find a hash value that meets the requirements Fourthly, procers and early holders are easy to get high seigniorage any virtual currency based on blockchain technology is held by a few people at the initial stage of its development. Take bitcoin as an example. At first, bitcoin was only a proct of a few people's game. The first bitcoin purchase in May 2010 was $10000 BTC's purchase of $25 pizza. The first bitcoin transaction completed in July of the same year was $0.04/btcthe transaction information of bitcoin is recorded in a decentralized ledger, which is called blockchain
according to the principle of cryptography, each block is connected in chronological order to form a chain structure, so it is named blockchain.
and then apply for Yudian terminal security system
and then use the Tencent Yudian to kill the virus
