Bitcoin decentralized exchange
bitcoin, which was first proposed by Nakamoto in 2009. According to Nakamoto's ideas, open source software is designed and released, and P2P network is built on it. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system
unlike most currencies, bitcoin does not rely on specific currency institutions. It is generated by a large number of calculations based on specific algorithms. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design to ensure the security of all aspects of currency circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. The biggest difference between bitcoin and other virtual currencies is that the total amount of bitcoin is very limited and it has a strong scarcity. The monetary system used to have no more than 10.5 million in four years, after which the total number will be permanently limited to 21 million.
The remitter will pay bitcoin directly to the other party according to the address of the payee through the computer or smart phone
after the transaction data of bitcoin is packaged into a "data block" or "block", the transaction is initially confirmed. When a block is linked to a previous block, the transaction is further confirmed. After six block confirmations in a row, the transaction was irreversibly confirmed
the bitcoin peer-to-peer network stores all transaction history in the "blockchain". The blockchain continues to extend, and once new blocks are added to the blockchain, they will not be removed. In fact, blockchain is a distributed database composed of a group of scattered client nodes and all participants, which is a record of all bitcoin transaction history
extended data
users can buy bitcoin, and at the same time, they can "mine" bitcoin by using computers to perform a large number of calculations according to the algorithm. When users "mine" bitcoin, they need to use the computer to search for 64 bit numbers, and then compete with other gold miners by repeatedly solving puzzles to provide the required numbers for the bitcoin network. If the user's computer successfully creates a set of numbers, then they will get 25 bitcoins
from 2012 to 2014, bitcoin swept the world, and graally formed the "virtual currency" instry chain represented by bitcoin. This is a change in the financial instry and a new proct of the combination of the financial instry and the Internet. It represents a financial milestone in the new era and marks a new chapter in the history of the Internet. Bitcoin fund is one of the derivative procts represented by bitcoin in the era of "virtual currency"
according to the relevant news reports of Fuhui China, bitcoin fund will be open for operation in the autumn of 2014. Fuhui bitcoin fund, as the world's first operation mode of mutual benefit and win-win with financial management mode, is original and full of temptation and challenge
It can be divided into decentralized trading platform and centralized trading platform:
decentralized trading platform:
both have their own advantages and disadvantages, and they should be selected according to their own needs< br />
that is, the buyer and the seller freely negotiate the price and terms on the OTC platform and trade on their own. The external trading platform mainly provides two services: one is the information matching of both sides of the transaction, and the other is the security guarantee of bitcoin
Second, contract transaction, currency to currency transaction
the traditional digital asset investment is the conversion between digital assets and RMB (CNY). Currency to currency transaction is to buy and sell bitcoin as the base currency for other digital currencies, buy low and sell high to get more bitcoin. 58coin can support BTC / eth / etc / LTC / BCC / dash and other six kinds of digital currency exchange, provided that you have money. I suggest you transfer the money in hand directly into 58coin
Third, overseas exchanges
if bitcoin spot trading is not allowed in China, then go directly to overseas exchanges for trading. Common foreign exchanges, such as the bitrex website, are easy to register and provide us dollar and bitcoin transactions, but they do not have a Chinese version. They must also open a US dollar account for cash withdrawal<
Fourth, decentralized exchange
decentralized exchange is to install a software on your computer, and other people also install the software, and then you form a P2P network with each other. You can use this software to buy and sell bitcoin through this network. Both sides of the transaction can be completely unfamiliar. Both sides should abide by the same agreement. The platform does not guarantee the security of the transaction. Generally, for the security of the transaction, both sides can apply for a third-party arbitration.
bitcoin does not rely on specific currency institutions to issue. It is generated through a large number of calculations of specific algorithms. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction
bitcoin is very similar to cash
the advantages of bitcoin are: no freezing, no tracking, no taxes, and extremely low transaction costs. Compared with people who speculate in currency, it is wealth, and people outside the currency circle may think it is a fraud
bitcoin is a relatively mainstream digital currency, which can be properly invested. There are risks in the transaction. You can invest cautiously. You can search the fire coin, coin security, OK, dobby trading platforms on the Internet, which can trade bitcoin. These are relatively large trading platforms. Invest in mainstream digital currency, do not invest in counterfeit currency or air currency
bitcoin exchange can trade all kinds of digital currencies, and bitcoin wallet can only store bitcoin