Deil decentralization

1.

bitcoin mining machine is a kind of computer used to earn bitcoin. This kind of computer generally has professional mining chips and works in the way of burning graphics card, which consumes a lot of power. It is one of the ways to get bitcoin that users download software from personal computer and then run specific algorithm to get corresponding bitcoin after communicating with remote server

mining is actually a competition of performance and equipment, and a competition of computing power among miners. Miners with more computing power are more likely to dig bitcoin. With the increase of computing power in the whole network, it is more and more difficult to dig bits with traditional devices (CPU, GPU). People have developed chips specially used for mining. Chip is the core part of mining machine. The process of chip operation will proce a lot of heat, in order to cool down, bitcoin miner is generally equipped with heat sink and fan

< H2 > extended materials:

bitcoin is a kind of virtual currency. Bitcoin mining system is the process of carrying out mathematical operation for bitcoin network through computer hardware. Miners who provide services can get a reward, because the network reward is calculated according to the tasks completed by miners, so the competition for mining is very fierce

bitcoin mining started with low-cost hardware such as CPU or GPU, but with the popularity of bitcoin, the mining process has changed greatly. Nowadays, the mining activities are transferred to the field programmable gate array, and the hash speed can be achieved through optimization. The mining efficiency of this mode is very high

2. Mining is the use of bitcoin mining machine, which is used to earn bitcoin

one of the ways to get bitcoin is that users download software from personal computers and then run specific algorithms to communicate with remote servers to get corresponding bitcoin

bitcoin is a kind of virtual currency. Bitcoin mining system is the process of carrying out mathematical operation for bitcoin network through computer hardware. Miners who provide services can get a reward, because the network reward is calculated according to the tasks completed by miners, so the competition for mining is very fierce

mining is actually a competition of performance and equipment. The mining machine composed of many graphics cards, even if it is only hd6770, the computing power after "grouping" can surpass that of most users' single graphics card

and this is not the most terrible. Some mining machines are made up of more such graphics card arrays. When dozens or even hundreds of graphics cards come together, the graphics card itself costs money. Considering the cost of hardware and other costs, there is a considerable expenditure in mining.

3. Data has been surging, and it's definitely an opportunity. IPFs and filecoin are so powerful, but another project, hurricane ecology, is also OK. It was built by the original storm video team. I think with the technical advantages of storm, the hurricane ecology will not be bad.

4. Hello, in February 2018, Huobi Group officially released Huobi token (HT), and established Huobi global ecological fund with HT as the core in March, marking the official opening of Huobi global ecological strategy. In June 2018, the campaign plan for the leader of Huobi
chain was announced, which means that when the Huobi chain goes online in 2020, the Huobi token will be upgraded to a global token based on
Huobi chain

HT is applicable to: opening VIP, margin of certified merchants, airdrop of points exclusive activities, etc. HT will launch usdt, BTC and eth trading pairs online, and the platform will also buy back regularly.

5. Before the establishment of digital currency market, China's digital currency did not develop much.

6. Reservoir blockchain is a mode, and bitcoin is its main confirmation proct. The projects in the reservoir platform are all real blockchain projects, which are relatively reliable.

7. First of all, the report quoted in the question is very wrong: bitcoin's original intention is not to break away from government regulation through anonymous payment, but to break away from government control and avoid inflation deliberately created by the irresponsible central government, which will cause great harm to the society. On the one hand, the German government recognizes that bitcoin trading can avoid tax losses. On the other hand, I guess the German people are happy to see bitcoin. From the German government's strong support for the euro, we can see that the German government is very inclined to strictly control the currency issuance: the control of the euro needs to be decided by the European Central Bank, rather than the countries in the euro area themselves. Bitcoin can be said to be the ultimate version of the euro. It is issued by various nodes, not by a central agency. In the European debt crisis, the control effect of the euro is obvious, and the Greek government must vigorously save public expenditure to avoid greater economic turmoil.

8.

IPFs is a point-to-point distributed file system, dedicated to replace http

the difference between IPFs and HTTP

Security: http is centralized, and all traffic is directly carried on the centralized server, which carries great pressure and is easy to cause system crash. HTTP is also vulnerable to DDoS attacks; The storage mode of IPFs is decentralized and partitioned distributed storage, which can not be attacked by hackers, files are not easy to be lost, and security is guaranteed

efficiency: http relies on the centralized service network, so the server is easy to be shut down and the files on the server are easy to be deleted. The server needs to be turned on 24 hours; IPFs adopts P2P network topology, all computers in the whole network can become storage nodes, and the nearby distributed storage greatly improves the network efficiency

cost: http centralized server needs high maintenance cost. Once the centralized database is attacked by DDoS or damaged by force majeure, all data will be lost; IPFs greatly reces the cost of server storage and bandwidth

most of HTTP customers' network access is not localized, and there is network delay. IPFs can greatly accelerate the speed of network access, and the sense of experience will be significantly improved with the localization of network access

usage scenarios of IPFs:

< UL >

as a mounted global file system, mounted in IPFs and IPNs

as a mounted personal synchronization folder, version management and publishing are automatically performed, As an encrypted file or data sharing system, as the version package manager of all software, as the root file system of virtual machine, as the boot file system of VM, as a database, applications can write data directly to Merkle da In G data model, obtain all versions, buffers, and IPFs provided allocation

as a linked (and encrypted) communication platform

as a CDN for integrity check of large files (without SSL)

as an encrypted CDN

on Web pages, As a web CDN

as a link, there will always be a new and eternal web

< / UL >

9.

Filecoin is a token on IPFs, and filecoin is a way to reward miners by contributing idle hard disks. Filecoin adopts a new algorithm (proof of workload). In short, if you have enough hard disk capacity, you will get more rewards for filecoin. Filecoin promotes the development of IPFs through economic incentive mechanism. At the same time, filecoin network also needs IPFs to provide ecological support for its market development. The more IPFs network is used, the greater the demand for filecoin is; The more miners filecoin has, the more support it has for IPFs network. So IPFs and filecoin form a symbiotic relationship. The birth of filecoin is to support the development of IPFs, and IPFs also needs filecoin to enrich its ecology. The more IPFs is used, the greater the demand for filecoin is; The more miners filecoin has, the more IPFs it supports

fil

the role of fil -- filecoin is a decentralized distributed storage network and the only incentive layer of IPFs. Filecoin uses the blockchain token system to issue the token, which is referred to as fil. Based on IPFs protocol, filecoin constructs a decentralized storage trading market for cloud storage, including "storage" and "retrieval". This market runs in a blockchain with local protocol token (FIL), and miners can obtain fil by providing storage for customers; Similarly, customers can use fil to hire miners to store or distribute data. More people pay attention to filecoin because 70% of the tokens are released through mining, but many people still have some misunderstanding about the mining income of filecoin. What we call mining is actually a process of coin making, that is, the network releases the token through block reward, and then there is the circulation, transaction and use of the token, and the miners graally begin to have storage income and retrieval income. Like bitcoin, early miners got block rewards through mining. Then bitcoin was graally accepted by more people and began to be widely circulated and traded. At present, there are nearly 300000 transfers on the chain every day. In addition to block rewards, bitcoin miners also have the income of miner fees, that is, transaction fees. Therefore, in the early stage of the development of the filecoin network, miners are encouraged to contribute their own servers to build a distributed storage network by block reward. When the infrastructure of the filecoin network is completed and the security and stability of the network reach a certain degree, more and more institutions and indivials will start to store their data on the servers of the filecoin network, Miners began to generate the benefits of storage mining. With more and more real data stored on the filecoin network, there will naturally be retrieval needs, and miners will have the benefits of retrieval and mining

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