What is the chijersey mine
Mine pool refers to:
as the computing level of the whole bitcoin network continues to rise exponentially, a single device or a small amount of computing power can not get the block reward provided by the bitcoin network on the bitcoin network
after the computing power of the whole network has been improved to a certain extent, the low probability of getting rewards has prompted some geeks on "bitcoin talk" to develop a method that can combine a small amount of computing power and operate jointly, and the website established in this way is called "mine pool"
extended data:
the existence of the mine pool reces the difficulty of bitcoin and other virtual digital currency mining, reces the mining threshold, and truly realizes the bitcoin mining concept that everyone can participate in
but its disadvantages are also very obvious, because computing power is connected to the mine pool. As a mine pool, it will have huge computing power resources. In the bitcoin world, computing power represents the bookkeeping right, and computing power is everything. If the computing power of a single mine pool reaches more than 50%, it will be easy to launch 51% attacks against virtual digital currencies such as bitcoin, The consequences are very terrible:
the mine pool can make the mine pool with 49% of the remaining computing power have no harvest, instantly quit the competition and go bankrupt. The mine pool's computing power exceeds 50%. If 51% attack is launched, it will easily occupy all the effective computing power of the whole network
2. Secret shareholder information is usually the privacy protection that blockchain enterprises care about very much, and it happens to be fully protected here in Singapore. For enterprises registered in Singapore, the registered company will help to find a legal representative. The information of the shareholders is all secret and can't be found by outsiders. For specific registration of Singapore blockchain companies, please refer to 2018 Singapore foundation registration guidelines and legal opinions
3. There have been too many accidents in the field of blockchain around the world, and some in China have even broken up to drink pesticides. In Singapore, in order to avoid such risks, a team of lawyers will be invited to strictly review the white paper on blockchain
4. Another advantage of the registration of blockchain enterprises in Singapore is that they can enjoy Chinese service in the whole process. Singapore is a multilingual country with four official languages, namely English, Malay, Chinese and Tamil. When the registered enterprises communicate with the lawyer team, there is almost no language barrier in the whole process. This is also an important reason why Singapore attracts Chinese blockchain entrepreneurs
5. In Singapore, bitcoin can be cashed at any time and converted into Singapore currency, which can be freely exchanged and circulated like Singapore currency. Singapore also welcomes blockchain enterprises, and many tax policies are quite attractive to registered enterprises
6. In addition to Singapore, there are other small countries, such as the British Virgin Islands, Seychelles and Cayman, which also have very free entry policies and preferential tax policies, but they are not favored by blockchain enterprises. The main reason is that registration in island countries and small countries will make investors worry that the enterprise is a shell company and affect the confidence of investors. Therefore, these places are not the best choice for blockchain enterprises.
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