Liquid pool mortgage

1.

mining is perhaps one of the most important components of the bitcoin ecosystem. Miners need to solve complex mathematical problems, so as to ensure the smooth implementation of the transaction. These problems are so complex that they are difficult to solve even for extremely powerful computers. Computers need work and luck to solve these mathematical problems, just as miners dig underground. The chance of solving this problem correctly is about one in 13 trillion

bitcoin mining has two purposes. Firstly, by solving mathematical problems, bitcoin miners can verify the transaction information, so as to ensure the security and reliability of bitcoin payment network. Miners are the people who ensure that transactions are accurate and that there is no "double payment."

Secondly, when the computer solves these complex mathematical problems on the bitcoin network, the system will generate new bitcoin, which is similar to the process of mining gold from the ground. The reward is called "block reward", and after the event called "halving", its amount will be periodically halved. The newly discovered concept of bitcoin is an important part of bitcoin protocol. The bitcoin obtained by the miners is brand new and has never been in circulation before

since miners will eventually sell the bitcoin, it is also an important source of supply and liquidity. As chainalysis reports, many digital currency exchanges rely on miners to receive bitcoin and increase their liquidity. Typically, exchanges get about 88% of bitcoin from other exchanges, and bitcoin miners are the largest source of the remaining percentage. As you can imagine, there is fierce competition between exchanges to receive bitcoin directly from miners

further enlarge the map, most of the mining activities are only carried out in four provinces, the first two provinces are Xinjiang and Sichuan, accounting for nearly half of all bitcoin mining in China. Electricity prices are cheap and the weather is cold in these areas. This helps to keep mining profits and equipment cool ring the 24 / 7 operation and maintenance period of bitcoin mining

but this is nothing new for digital currency issuance. For many years, China has been a major market for bitcoin miners e to its cheap electricity and abundant resources. Bitmain, f2pool and Canaan are all located in China

whether this is a negative or positive message depends on your point of view. But for decentralized, distributed, unlicensed networks, geographic regions across multiple entities are more healthy for the entire ecosystem

2.

POW: full name of proof of work

pos: proof of stake

both of them are the consensus mechanism of blockchain and the bookkeeping method of digital currency

the difference is:

1. POW mechanism: workload proof mechanism, that is, the proof of workload, is the requirement that must be met when generating a new transaction information (that is, a new block) to be added to the blockchain. In the blockchain network based on workload proof mechanism, the ability of nodes to obtain the correct numerical solution to generate blocks by calculating the numerical solution of random hash hash is the specific performance of node computing power

POS mechanism: the proof of rights and interests requires the certifier to provide a certain amount of ownership of cryptocurrency. The operation mode of the proof of rights and interests mechanism is that when creating a new block, the miners need to create a "currency right" transaction, and the transaction will send some coins to the miners themselves according to the preset proportion. According to the proportion and time of token owned by each node, the equity proof mechanism reces the mining difficulty of nodes proportionally according to the algorithm, so as to speed up the speed of searching for random numbers

extended materials:

the concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's ideas, the open source software and the P2P network on it were designed and released. 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 the distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses the design of cryptography 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

3. At present, most POC currencies in the market are proced on the assembly line
its speculative value is far greater than the mining value
participation is not recommended.

4. If you want to make it scale, you must have a large number of servers. Is it like a mall in the end?

5. Seeing friends sharing the circle of friends says, clover42 this & quot; Unlock & quot;, In fact, it is the process of replacing clover42l with clover42. After the platform is started, users can make three choices: pledge 0%, 50% and 100% of clover42 that has been unlocked (including initial unlocking + new unlocking) into the mobile mining pool, so as to obtain three linear unlocking ratios: slow, medium and fast. It takes about 58 days, 45 days and 37 days respectively to complete all unlocking.

6.

Yfi is the token of year.finance project, which is jokingly called "Uncle" by netizens. Year.finance is a decentralized financial platform. Recently, the word "decentralized finance" is also very popular in the coin circle, that is, defi

The goal of

year.finance is very simple, it is an aggregation platform for the loan platform to service the profit output data of different procts, and it obtains the highest profit output in the contract transaction interaction by rebalancing the data

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extended data:

1. The total number of yfi is small:

the total number of yfi issued is only 30000. At present, more than 50% of yfi tokens are locked in different liquidity mining pools. The number of yfi flowing (tradable) outside is less than 15000. The quantity is rare, and the price is high

2. Yfi token allocation:

generally, the token allocation of a project includes founder holding, team holding, private placement, public offering, working capital and other aspects, which together will basically exceed 50% of the total amount of tokens. When these shares are unlocked, it will cause certain selling pressure

3. Hot spot of defi + project Hype:

when yfi was born, it was in the hottest period of defi, and a series of operations of the project side attracted a lot of heat. To sum up, it can be seen that yfi is actually an ordinary defi project. The reason why the recent popularity is so high is that in addition to the large increase, it is the super high unit price of 220000 yuan. Although the unit price of yfi is high, its market value is not particularly prominent. The circulation market value is about 2-4 billion yuan, which is more than 200 billion yuan compared with that of bitcoin

7. After several years of ups and downs,
in 2009, it was 7 cents a piece,
now the price is more than 20000
if we had invested 700 yuan to buy 10000 bitcoins at that time, would it be 2.6 billion now?

8. It's impossible. First of all, entering the QQ number must be related to Tencent QQ. Let's say mobile QQ. It's impossible for him to keep the camera on and wait for you to see it. Besides, the app needs the camera permission. This is not to say, it's given by default, and the camera doesn't charge electricity all the time? If you turn on the camera software, you will lose power. In addition, it is impossible for the program to call out the camera in the background. In the background, the camera is suspended. For example, in your camera shooting, the background is suspended. Even if you take the camera, you have to upload it. You can't upload it all the time. How waste the traffic?

9. C42 is the only platform for clover42. DF9 is the market currency or game currency that predicts the generation of game defi9 on its platform. With the increasing forecast market on clover42 platform, each market has its own market currency. There is an improved liquidity mining pool (such as DF9 & C42) for each market currency and C42. Users can borrow new C42 by pledging different proportions of DF9 and C42.