Will fil be like Ethereum
if you want to understand the content of blockchain bitcoin, it is recommended to go to relevant websites to have a more comprehensive look, such as bitmaster and Babbitt forum.
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, Ethereum, bitcash, EOS, REBO, etc. are the mainstream digital currencies, which can be properly invested. All transactions have risks. You can invest cautiously. You can search online for fire coin, coin security, OK, dobby trading platforms, etc. all of which can trade bitcoin. These are relatively large trading platforms, investing in mainstream digital currencies, and Don't invest in counterfeit money or air money.
Second, the mining method of sin in music: mobile phone software mining
Third, the latest mining method, trading is mining, lock is mining.
Zhang Jian of cloud data trade took out 5000 tons of gold to make 500 million gold coins. It's not necessary to use his head to know that it's fake. It's a bit ridiculous if someone really believes it. Let's not talk about anything else. 5000 tons of gold alone can't be taken out by ordinary countries, let alone indivials. It is understood that the earth has only mined about 170000 tons of gold, most of which are used in jewelry, instry, private investment and other fields. The total gold reserves of various countries are about 33259.2 tons
the real name of Zhang Jian, the founder of cloud data trade, is song miqiu. Many legendary experiences about her from Wuchang City, Heilongjiang Province and her graation from Renmin University are fabricated. In 2013, the eighth case listed in the top ten pyramid selling cases by the State Administration for Instry and Commerce and the Ministry of public security is the pyramid selling case of Cloud Data Trade Alliance. The so-called 5000 ton gold is 500 million gold coins, which is a gimmick of his pyramid selling. In 2017, with the support of Indonesia police and China Embassy in Indonesia, Song Miqiu, a leader of pyramid selling of Cloud Trading MLM and a major criminal suspect, were arrested from Indonesia. p>
I think the main reason for the price increase of hundreds of counterfeit currencies is that virtual currencies are very hot now. Take bitcoin and Ethereum for example, they have all risen several times or even dozens of times and many people who don't make money in bitcoin or Ethereum will focus on some counterfeit currencies, because the price of these counterfeit currencies is very low and may rise to such a high price as Ethereum in the future. They are all predicting investment. When there is a lot of money to buy Shanzhai coin, of course, the price of Shanzhai coin will be speculation The soaring of p>
virtual currency is the bubble
. I think the hot money of virtual currency is a bubble. Until a certain time, when the bubble breaks, many people will lose their blood. Because most people are ordinary people, they don't have too much capital, and these retail investors have little control over the market. And this kind of counterfeit currency is controlled by big capital, they can decide the rise and fall of counterfeit currency, and virtual currency has no market supervision, so investment is very dangerous
conclusion: in fact, every once in a while, this kind of virtual currency will go through a period of sharp rise, and then go into a low period of sharp fall, reaping some people's investment. In fact, these are all capitalist games, and those who lose money in the virtual money market are ordinary people, and those who earn money are capital. So many people call these ordinary investors leeks
because the network wide computing power required by this kind of token is not high, the probability of hash collision of the computing power of personal computer can find out the answer in a short time, so as to obtain block rewards. However, this kind of token generally has little value or high risk, so it is not of great significance< br />
extended data:
mining risk:
1. Electricity charge problem:
if the graphics card "mining" needs to be fully loaded for a long time, the power consumption will be quite high, and the electricity charge will be higher and higher. Many professional mines at home and abroad are operated in areas with extremely low electricity charges, such as hydropower stations, while more users can only mine at home or in ordinary mines, so the electricity charges are not cheap. Even in a certain residential area in Yunnan, there was a case of crazy mining, which led to a large area trip of the residential area, and the transformer was burned
2. Hardware expenditure:
mining is actually a competition of performance and equipment. Some mining machines are composed of more such graphics card arrays. With dozens or even hundreds of graphics cards, the cost of hardware and other costs is very high, and there is a considerable expenditure in mining
in addition to the display card burning machines, some ASIC (application specific integrated circuit) professional mining machines are also on the battlefield. ASIC is specially designed for hash operation, and the computing power is also quite strong. Moreover, because their power consumption is far lower than that of the display card, they are easier to form scale, and the electricity cost is also lower. It is very difficult to compete with these mining machines, This kind of machine costs more
3. Currency security:
the withdrawal of bitcoin requires hundreds of keys, and most people will record this long string of numbers on the computer, but the frequent problems such as hard disk damage will make the key permanently lost, which also leads to the loss of bitcoin
4. System risk:
system risk is very common in bitcoin, and the most common one is bifurcation. Bifurcation will lead to a drop in currency price and a sharp drop in mining income
however, many cases show that the forking will benefit the miners, and the forked competitive currency also needs the miners' computing power to complete the minting and trading process. In order to win more miners, the competitive currency will provide more block rewards and handling charges to attract miners. Risk makes miners.
