BTN coin pool

1.

About bitcoin, the news is flying all over the world these two days

specifically, a foundation called BTN foundation announced that it has set up a bitcoin bifurcated development team to launch a new bitcoin bifurcated BTN. Now its official website is online, which is called btn.kim. Two days later, bitgo, another bitcoin development team, announced that it would fork out from bitcoin. Its name is BTF, which literally means "bitcoin faith"

according to Yao yuan, a well-known bitcoin columnist, bitcoin will "have 10 children" in December, and will at least bifurcate out of 10 "children" such as BCX, SBTC and LBTC

as soon as these things happened, the bitcoin market began to fluctuate again, some investors blew up, and all kinds of rumors came out: why so many forks? Is bitcoin out of order

in fact, the bifurcating of bitcoin is far more complicated than what it shows. If we don't explain its historical background clearly, we really can't understand what happened

< b > the origin of bifurcations: the origin of the bifurcations of bitcoin has existed. The so-called bifurcations refer to the accounting differences caused by different underlying protocols. According to Xue Hongyan, director of the Internet financial center of Suning Financial Research Institute, bitcoin is jointly maintained by a number of point-to-point decentralized nodes. The orderly operation of the whole system depends on the consensus of all nodes, that is, there is a set of recognized standards for key issues such as which transactions are acceptable and which nodes have accounting rights. This set of standards is deployed in the underlying protocol of blockchain and implemented automatically

but nodes are operated by people after all, which is the so-called "miner", but everything operated by people will be different. For example, the miners of some nodes go online every day, while the miners of some nodes go online occasionally; Some nodes are in the eastern hemisphere, some nodes are in the Western Hemisphere... In a word, e to various reasons, over time, bitcoin has different underlying protocols in different nodes

if different versions of underlying protocols are running in a node, different standards will appear, which will result in bifurcation. If the nodes can deal with these version differences and finally form a unified standard, the bifurcation will eventually disappear, which is called soft bifurcation. If the difference cannot be eliminated, when some nodes continue to run different versions of the protocol, the bifurcation will continue, which is called hard bifurcation

it's easy to solve the problem of soft bifurcation, that is, if the account book is wrong, just modify it. Hard bifurcations are not easy to solve. No one thinks he is wrong and explains them according to his own standards. In the end, he can only go his own way and keep his own account. At present, bitcoin bifurcation refers to hard bifurcation

< b > the first bifurcations: the first hard bifurcations of bitcoin technology upgrade are purely technical reasons. The settlement performance of bitcoin itself is limited. According to the original technical agreement, bitcoin can only support up to seven settlements per second. This was not a problem in the early days. With the fire of bitcoin, more and more people flocked in, and the settlement became more frequent than ever. At this time, the original technology was not enough

therefore, in the middle of 2017, some miners proposed new technology agreements, but the other miners did not agree with them. Eventually, both sides held one end and ran their own underlying agreements, which was the first bifurcation in the history of bitcoin

However, with the development of bitcoin trading means, speculators graally regard the bifurcation as a means of money collection, which leads to a great change in the nature of the current bifurcation

the principle is that each bifurcation is essentially equivalent to the issue of a new digital currency, which is linked to bitcoin. The target audience is larger than the general ICO, and it is easier to be accepted by ordinary users than issuing a new digital currency directly

because the team that creates this kind of bifurcation takes the lead, it is very easy to control the transaction of the new currency, especially in the early stage, and it only needs a small cost to control the price trend of the whole currency. This leaves a lot of room for speculation. The forked team only needs to make the new currency accepted by the users, and then it can artificially raise the price to a sky high price. After the real users come in, they can sell all the money they hoard, and get high profits out of thin air

on October 25 this year, a domestic team forked out bitcoin gold (BTG). Two days before the forking, Jiang Zhuoer, CEO of leibitchi, denounced the forking as money looping: "Liao Xiang, founder of BTG, had g 200000 BTG coins in advance before the forking, and wanted to convert them into 20000 bitcoins, looping 80 million yuan."

The advantage of bifurcations can be seen, so that the word "bifurcations create value" has become popular in the field of currency speculation. For this reason, a new word "IFO" - first token issue has been derived

He Sheng, a well-known financial blogger, once told the media that most of the so-called IFO may evolve into the operation of collecting money by harvesting leeks. "Many previous ICOS are doing IFO, and ICO needs to write a white paper and go to the stock exchange to gain market recognition, while IFO does not even need to write a white paper."

this also explains why bitcoin is becoming more and more profitable. To put it bluntly, everyone wants Nakamoto

Can

< b > not bifurcate

whether it's Hong shuning of Suning finance, or Mike & Chen, CEO of bitgo, a bitcoin wallet software provider and one of the project leaders of segwit2x; Mike belshe, the instry actually refuses this bifurcation of bitcoin. In fact, real blockchain practitioners have always hated speculation. At present, the leading enterprises in the domestic blockchain instry have clearly expressed their opposition to the overflow of bitcoin bifurcation. For example, when Xunlei launched the first popular blockchain project in China, its CEO Chen Lei said in an interview: "Xunlei opposes all speculative activities using blockchain, so it is definitely against bitcoin for the purpose of speculation and leek cutting arbitrage."

However, to solve this problem, it is not enough to have an attitude alone, but to have specific means. The best way is not to let bitcoin bifurcate

this is difficult to achieve. Bitcoin's own technology is a relatively primitive blockchain technology with limited computing power. It can barely cope with the previous transaction scale. In view of the current situation of bitcoin fire, it is difficult to support. So sooner or later bitcoin will have to solve the problem of its own computing power

but there is no hope at all. With the innovation of blockchain technology, there will always be some new ways. For example, the shared computing proposed by Xunlei can effectively improve the total amount of computing power and rece the cost per unit of computing power without changing the existing hardware facilities. If bitcoin is combined with shared computing, it can effectively solve the problem of bitcoin's computing power limit without new bifurcation

secondly, the bifurcations for the purpose of cutting Chinese chives can be supervised by means of supervision. For example, compared with the real name system of special currency wallet, the real name system of transactions can effectively prevent the risk of Financial Bureau. At present, the real name system has been implemented in some blockchain projects, and has achieved good results. For example, Xunlei's blockchain is the first blockchain application to introce the real name system in China, which basically eliminates the hidden danger of malicious speculation

in a word, there is a way. It depends on whether bitcoin players accept it or not, and there is a process to implement it. It takes time. Therefore, at this stage, it is better for us to stay away from the bifurcations of bitcoin in various names

2. Currency name currency symbol

RMB
USD
JPY
EUR
GBP
DEM
CHF
FRF
Canadian dollar CAD
Australian Dollar AUD
Hong Kong dollar HKD
Austrian shilling ATS
Finnish mark FIM
Belgian Franc bef
Irish pound IEP
Italian lira ITL
Luxemburg Franc LUF
Dutch guilder NLG
Portugal Escudo PTE
Spanish peseta ESP
Indonesian rupiah IDR
Malaysian ringgit Myr
NZD
Philippine Peso PHP
Russian Ruble sur
Singapore dollar SGD
Korean dollar KRW
Thai baht THB

each Abbreviation of the name of Chinese currency
abbreviation of main national currencies:
1. CNY (Chinese yuan)
2. FRF (French Franc)
3. HKD (Hong Kong dollar)
4. CHF (German Schweizer Franken)
5. USD (United States dollar)
6. CAD (Canadian dollar)
6/ >7. GBP (Great Britain pound)
8. NLG (Netherlandish guilder)
9. DEM (German Deutsche mark)
10. Bef (Belgium Franc)
11. JPY (Japanese yen)
12. Aud (Australian dollar)

detailed currency introction of various countries:

Afghanistan Afghanistan
bath baht B Thailand
Balboa B Panama
aolivar Bolivar $B Venezuela Venezuela
colon (Costa Rica) Costa Rica
colon (El Salvador)
Cordoba C $Nicaragua
Cruze Rio Cruzeiro CR $Brazil
Dalasi DG Gambia Gambia
Dinar (Algeria) Dinar Da Algeria
Dinar (Iraq) Dinar ID Iraq Iraq
Dinar (JORDAN) Dinar JD Jordan Jordan
Dinar (Kuwait) Dinar KD Kuwait
Dinar (Libya) Dinar LD Libya The people's Democratic Republic of Yemen
Dinar D Tunisia Tunisia
Dinar D Yugoslavia Yugoslavia
Dirham DH Morocco Morocco
dollar a Australia Australia
dollar (Bahamas) B $Bahamas
dollar (Bermuda) DB $Bermuda
dollar (Canada) Canada
dollar (Ethiopia) eth Ethiopia
dollar (Fiji) f $Fiji Fiji
dollar (Guyana) g $Guyana
dollar (Hong Kong) HK $Hong Kong
dollar (Jamaica) J $Jamaica Jamaica
dollar (Liberia) l $Liberia Liberia
dollar (Malaysia) M $Malaysia Malaysia
dollar (New Zealand) Na $NewZealand New Zealand
dollar (Singapore) s $Singapore Singapore
dollar (Trinidad) Trinidad and Tobago, Trinidad and Tobago, Trinidad and Tobago, Trinidad and Tobago, Trinidad and Tobago, Trinidad and Tobago, Trinidad and Tobago, Trinidad and Tobago, Trinidad and Tobago, Trinidad and Tobago, Trinidad and Tobago, Trinidad and Tobago, Trinidad and Tobago, Trinidad and Tobago, Trinidad and Tobago, Trinidad and Tobago, Trinidad and Tobago, Trinidad and Tobago, Trinidad and Tobago
franc (Belgium) Franc BF Belgium Belgium
franc (Burundi) Franc Fbu Burundi Burundi
Franc (African financial community) Franc Franc (African financial community) Franc />Franc Cameroon; The Central African Republic; Chad, Chad; The People'&# 39; S Republic of the Congo; Dahomey; Gabon; Ivory Coast; Niger; Senegal, Senegal; Toto togo; Upper Volta class
Franc FF France
Franc Luxemb (o) urg Luxembourg
Franc FMG the Malagasy Republic
Franc MF Mali Mali
Franc RF Rwanda Rwanda
Franc SF Switzerland
gourde g Haiti, Haiti
Guarani Guarani C Paraguay, Paraguay
guilder (or Florin) shield, FF Netherlands, Netherlands
Kip Kip K Laos, Laos
Koruna (Czech) Krona kes Czechoslovakia, Czechoslovakia
Krona (Iceland) Krona IKr Iceland, Iceland
Krona (Sweden) Krona SKR Sweden
Krone Denmark) Krone DKR Denmark
Krone (Norway) Krone NKR Norway
Kwacha (Malawi) Kwacha MK Malawi Malawi
Kwacha (Zambia) Kwacha K Zambia Zambia
kyat (Myanmar) k Burma Myanmar
leklek Albania
Lempira Lempira L honras Honras
Leone Le Sierra le One Sierra Leone
Leu Lei LV Romania Romania
Lev Lev l Bulgaria Bulgaria
lira (Italy) lira Lit Italy Italy
lira (Turkey) lira (or pound) lt Turkey
mark (Federal Republic of Germany) mark DM GFR German Federal Republic
markka (Finland) mark fmk Finland
naira Nigeria Nigeria
New CEDI NC Ghana
ouguiya ujiya um Mauritania
PA & # 39&# 39; ANGA BANGGA T $Tonga Tonga
peseta PTAs Spain
Peso (Argentina) Peso $a Argentina Argentina
Peso (Bolivia) Peso $B Bolivia
Peso (Colombia) Peso col $Columbia
Peso (Cuba) Peso cub $Cuba
Peso (Dominica) Peso Rd $the Dominican re Public Dominican Republic
Peso (Mexico) Peso mex $Mexico
Peso (Philippines) Peso P Philippines
Peso (Uruguay) Peso ur $Uruguay
pound (Cyprus) pound C Cyprus Cyprus
pound (Egypt) pound Le Egypt
pound (UK) pound (￡ STG) Great Britain Country
pound (Ireland) ￡ IR Ireland
pound (Lebanon) ￡ ll Lebanon Lebanon
pound (Malta) ￡ m Marta Malta
pound (Sudan) ￡ s Sudan
pound (Syria) ￡ LS Syria
Quetzal Q Guatemala
RenMinBiYuan RMB China
Iran
Riel Cambodia
Riyal (Saudi Arabia) SRLS Saudi Arabia
Riyal the Arab Republic of Yemen, RBL) USSR Russia
rupee (India) rs India
rupee (Mauritius) Mrs Mauritius Mauritius
rupee (Nepal) NRS Nepal
rupee (Pakistan) PRS Pakistan
rupee (Sri Lanka) SRS Sri Lanka Sri Lanka
rupee (Indonesia) or RP Indonesia Indonesia
Schilling (Austria) Schilling (Austria)
shilling (Kenya) KSH Kenya (Kenya)
shilling (Tanzania) TSH Tanzania
shilling (Uganda) ush Uganda
sol sols / Peru
Somali shilling Somali shilling shso Somali Somalia
Sucre Sucre s / Ecuador
syli Sili syli Guinea
Tugrik tug Mongolia Mongolia
won (North Korea) w the Democratic People & # 39&# 39; S Republic of Korea

3. Don't believe that most of these apps on mobile phones are deceptive. When you add in the principal, this app will probably disappear and go away

4. [ _ BTN] - in flash
the comment name of the button instance in flash, similar to_ MC (comment name of the movie clip). When the coder involves button instance in the action script, just add the_ BTN can get the relevant code prompt
it is also a kind of proction type, which is called demand planning< In addition, BTN is the international abbreviation of Bhutan nuzam.

5.

BTN means:

1. Comment name of button instance in flash, similar to_ MC (comment name of the movie clip). When the coder involves button instance in the action script, just add the_ BTN can get the relevant code prompt

In international trade, it is the international abbreviation of Bhutan nuzam. 1 Bhutan nuzam = 0.1161 RMB = 0.018 US dollars

3. Brussels tax, the abbreviation of Brussels tax nomenclature. In order to unify tariffs, European countries named and classified international trade commodities. In December 1950, they signed a convention in Brussels, Belgium, and established the * Customs Cooperation Council to compile annotations on the classification

4. It is the abbreviation of black twisted nematic panel

As a kind of LCD, BTN LCD can completely achieve the display effect of high-end vehicle procts and high-end consumer electronics procts, which are completely opaque and have excellent display effect

6. [ _ BTN] - in flash
the comment name of the button instance in flash, similar to_ MC (comment name of the movie clip). When the coder involves button instance in the action script, just add the_ BTN can get the relevant code prompt
it is also a kind of proction type, which is called demand planning< In addition, BTN is the international abbreviation of Bhutan nuzam.

7. BTN [ _ BTN] - the comment name of the button instance in flash, similar to_ MC (comment name of the movie clip). When the coder involves button instance in the action script, just add the_ BTN can get the relevant code prompt. It is also a kind of proction type, which is called demand planning type. In addition, BTN is the international abbreviation of Bhutan nuzam. In international trade, BTN refers to the Brussels tariff nomenclature
Edit this section of BTN LCD process
BTN is a wonderful flower in LCD. It has won the praise of customers with perfect display effect. TN is the abbreviation of twisted nematic panel. BTN is the abbreviation of black twisted nematic (black twisted nematic) panel. The display effect of BTN can completely achieve the high-end vehicle procts and the complete opacity mentioned in high-end consumer electronics procts, with excellent display effect
. BTN "autoplay Media Studio" button file
autoplay media studio is a software to create an autoplay CD / DVD ROM menu. Please refer to the "autoplay Media Studio" network for details. Button files made by autoplay media studio exist with. BTN suffix. It can be edited and modified with the button maker of autoplay media studio.