At digital currency
digital asset
, and at austone is a decentralized
digital currency applied to global
debt registration
, transfer, circulation and transaction
2. Verify whether Altay is an open source cryptocurrency through the international public open source currency official website< The third is the latest and most secure encryption independent wallet (PC end).
the fourth is the development trend of global finance. Dozens of countries around the world have confirmed the legitimacy of this, and China is no exception (CCTV and many satellite TV have positive reports)
At exchange: a few mistakes about bitcoin, do you know
bitcoin, in a way never seen before, has an impact on the field of financial services. Whether in a bear market or a bull market, it has always been an old topic
because the underlying technology of bitcoin has been blockchain for ten years, and the technology content is high, many people do not understand it well, thus forming many misunderstandings
misconception 1: bitcoin is too expensive, a few tens of thousands of yuan, just wait and see, too expensive to buy
in most people's cognition, bitcoin can only be bought whole, which isolates those who want to invest in bitcoin. But in fact, bitcoin is divisible, and the minimum transaction unit is 0.00000001. That is to say, you can buy bitcoin for 100 or 200 yuan
in the future, with the improvement of people's acceptance and recognition of bitcoin, as well as the expansion of application, the price of bitcoin will also rise
misconception 2: the government can not regulate, which is beyond the scope of legal jurisdiction
in the early days, bitcoin was the hard currency of the underground drug market, with a transaction volume of millions of dollars each time, and there was a black market nicknamed "Silk Road"
However, at the beginning of the emergence of new technologies, it is always difficult to have written laws to regulate them, such as the beginning of computer and network applications. But in the end, these new technologies will graally come under the jurisdiction of the lawat present, bitcoin trading has been regulated in the specific legal provisions of New York State and other states in the United States. In 2014, the IRS recognized bitcoin as taxable property, and the securities and Exchange Commission has recently carried out strong supervision on it, so it is absolutely a misunderstanding that bitcoin is not subject to legal constraints. China and Japan have also begun to actively write laws and regulations related to virtual currency
misconception 3: bitcoin mining is too difficult, mining machine is a waste of resources
bitcoin mining is an energy intensive process. Because of its decentralized nature, no one knows the exact amount of electricity consumed by this process, but at any given moment, it could be billions of watts, roughly equivalent to the output of large-scale power stations such as the Hoover Dam
However, if we compare these with the management cost of currency, we can see some problems. Although the current currency does not seem to consume much energy, the cost of protection is not taken into account. For example, the security personnel employed by the bank usually just look at the customers and "waste" a lot of money and manpower, not to mention the towering buildings of the bank and the huge price paid for the safe payment system. However, if there is no security system, theft will damage the entire financial system, so this operation mode is not a wastemisconception 4: users of bitcoin are anonymous, and law enforcement agencies are traceless.
Nakamoto Tsung, the founder of bitcoin, claims that bitcoin can protect users' privacy, because most bitcoin software will create a unique pseudonym for each trader; Because of its anonymity, outsiders can not easily grasp the identity of donors
in fact, most users will leave a written record when they trade bitcoin in exchange for legal currency, and the user's identity is recorded in the transaction service with good reputation. Therefore, if the law enforcement agencies really want to trace, there are traces to follow
to sum up, bitcoin is a digital currency based on blockchain technology. As an emerging technology, it has unlimited application potential. This kind of decentralized application without government credit endorsement may achieve information transparency, security and efficiency. However, hacker attacks occur frequently. It seems that only when technology progress and supervision are in place can blockchain technology be applied globally and truly convenient to all aspects of life