Cryptocurrency and blockchain

1. The trend of the next era will also become the biggest bubble in human history.

2. Is this the college entrance examination?

3.

Cryptocurrency is not a tangible currency that can be carried with you, but a digital asset that can be exchanged“ The "encryption" part comes from using encryption technology for security and authentication ring a transaction

when using cryptocurrency for exchange instead of legal tender, crypto owners do not have to rely on banks to facilitate transactions, and can successfully avoid the costs of using financial institutions

generally, cryptocurrency transactions are processed and completed through the blockchain network. The blockchain is designed to be decentralized, so each computer connected to the network must successfully confirm the transaction before it can process it. Ideally, this would create a more secure transaction for all involved. It can also cause you to wait for a while; One of the big complaints about bitcoin is how long it takes to complete the transaction

domestic cryptocurrencies include bitcoin, Ethernet, Leyte and e-dinarcoin

extended data:

bitcoin: the concept of bitcoin was first proposed by Nakamoto in 2009. It is a P2P form of digital currency. Bitcoin is generated through a large number of calculations according to specific algorithms. Bitcoin economy uses the distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, And the use of cryptography design to ensure the security of all aspects of money circulation

ether coin: ether coin (a digital token of Ethereum, regarded as "bitcoin version 2.0"), can be bought and sold on the trading platform

lightcoin: lightcoin is a kind of network currency based on "point-to-point" technology, which can help users pay to anyone in the world immediately. At present, it is the second virtual currency after bitcoin's global circulation market value

reference materials:

network cryptocurrency

4. Decentralized, open and transparent payment and collection technology. If you don't understand, I'll take you to make one. Completely free blockchain digital currency.

5. Blockchain is a disruptive technology. In the case of Internet supporting the release and digital transmission of information, blockchain can identify property ownership, making it unique and traceable

at the same time, it can provide mutual trust for transactions by using trusted self-executive code, so as to rece uncertainty and promote digital transfer and asset transactions

bitcoin is the most well-known blockchain as an encryption currency that uses blockchain technology to realize alternative payment. Bitcoin is a kind of unlicensed blockchain, also known as public blockchain, which does not restrict the identity of users who consume bitcoin or participate in verifying the authenticity of transfer blocks in the blockchain (an energy intensive process, also known as "mining"). These miners get token, or bitcoin, in return, and given that everyone can view the block (though anonymously), the blockchain itself is somewhat transparent

bitcoin is controversial and banned by many countries e to user anonymity to a large extent. However, it is worth noting that the anonymity and energy use of bitcoin are its own characteristics, not the characteristics of the whole blockchain technology.

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At present, there are nearly 2000 cryptocurrencies

in the world