Position: Home page » Virtual » Where does virtual currency come from

Where does virtual currency come from

Publish: 2021-05-12 07:03:05
1. The concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. According to the idea of Nakamoto, the open source software is designed and released, and the P2P network on it is constructed. Bitcoin is a virtual encrypted digital currency in the form of P2P. Point to point transmission means a decentralized payment system
unlike all currencies, bitcoin does not rely on a specific currency institution to issue. It is generated by a large number of calculations based on a specific algorithm. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design 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. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. The biggest difference between bitcoin and other virtual currencies is that the total amount of bitcoin is very limited and it has scarcity
after bitcoin transaction data is packaged into a "data block" or "block", the transaction is initially confirmed. When a block is linked to a previous block, the transaction is further confirmed. After six block confirmations in a row, the transaction was irreversibly confirmed. Bitcoin P2P stores all transaction history in a "blockchain.".
2. Block Tianyan: digital currency is an alternative currency in the form of electronic currency (which can be used for real goods and services transactions). In short, it is the electronization of RMB, which is equivalent to paper currency, but more flexible than paper currency. It can track the flow of your money and pay without the Internet
digital currency has the main characteristics of network packet. This kind of data packet is composed of data code and identification code. The data code is the content we need to transmit, while the identification code indicates where the data packet comes from and goes
based on the characteristics of digital money, the direct benefit of digital money to the central bank is not only saving the cost of paper money issuance, circulation and settlement, but also enhancing the central bank's ability to control funds.
3. There is no formality.
bitcoin is the most famous virtual currency. First of all, it has been seven years and eight months since its birth in 2009. From being worthless at first, it rose to 8000 yuan / piece in 2013, and even attracted Chinese aunts to join. With the regulatory policy crackdown in 2014, bitcoin once fell to about 1000 yuan, and then entered the bear market channel. It was not until the beginning of this year that a new round of bitcoin market broke out, hovering at a high of 4300 yuan / piece< However, the attitude of the regulators is clear. Whether it is genuine bitcoin, or a variety of derivative Shanzhai coins, there is no way to obtain legal living space at present. This is something we need to be clear about. If the platform goes out of business or the staff runs away, it is very likely that they will lose all their money and the losses they have suffered will not be protected by law
the promises they give you often make the participants pay money quickly. Behind them is the Ponzi scheme of "robbing the east to pay the west" + "cheating the white wolf with empty hands". They use the money of new investors to pay interest and short-term return to old investors, so as to create the illusion of making money and cheat more investment. When no new investors enter, the return of old investors collapses one after another, and it is often difficult to withdraw cash, or the website cannot be opened
in short, although the external form of virtual currency is ever-changing, it is not divorced from its essence of pyramid selling. The more investors put in, the greater the final loss, and the more serious the loss may be.
4. Where does virtual currency come from

when it comes to virtual currency, many people may be familiar with it. But there are also many people who are not clear about the concept of virtual currency. They will think that sina u, Netease popo and Shanda Yuanbao are all part of virtual currency. What's more, they think that these so-called virtual currencies will affect the status of RMB and proce adverse effects such as virtual inflation
first of all, let's understand the two meanings of virtual currency in economics
the prototype of the first virtual currency is composed of the weights of the currencies of a country's major trading partners, which is a non-existent currency in order to maintain the stability of the country's exchange rate.
5. Virtual currency can only be traded online, it needs to be on a special website
6. It should be the public chain! The public chain of technology!
7. In short, there are three ways:
8. Friend, if you ask so many questions and ask others not to and paste, why don't you search one by one<
well, who makes me happy to help (ChAT)
refuse to and paste:
1. Bitcoin is a kind of virtual code electronic currency, with a total amount of only 21 million. There are more than 12 million bitcoins generated on the Internet through a mysterious and complex algorithm The origin should be based on the 2008 world financial crisis. A person named Nakamoto Tsung on the Internet put forward an idea: to generate e-money through a mysterious algorithm. The banks or institutions that have not issued this kind of money are completely proced through the participation of everyone on the Internet, so it is decentralized and there is no inflation; Later, in 2009, he established this algorithm and successfully generated e-money. He named it bitcoin
3. No one has issued it. Thousands of people in the world participate in this algorithm through personal computers or mining machines to generate bitcoin. The more bitcoin is calculated, the longer it takes for this algorithm to generate bitcoin
4 I didn't dig it, I just bought it. Bitcoin is just a string, which is stored in bitcoin E-wallet.
5. Tell others this string, and they can extract it into their own wallet.
6. If you want to get it, you are not recommended to dig it yourself. According to the current calculation, the computer is equipped with a 7970 graphics card, 24 hours a day, You can't dig 0.1 bitcoin in a month
so, young man, you'd better go to the bitcoin trading platform and buy one.

PS: at present, the biggest function of bitcoin is as a speculative tool, which is bigger than the futures yield. Of course, high yield is accompanied by high risk, or if you save it for 10 years, maybe the value will be 100 times or nothing. Heaven or hell, all in the minds of all.
9. Can come to my Taobao shop, I give you a specific explanation, ha ha, Taobao Wangwang huamin102
Hot content
Inn digger Publish: 2021-05-29 20:04:36 Views: 341
Purchase of virtual currency in trust contract dispute Publish: 2021-05-29 20:04:33 Views: 942
Blockchain trust machine Publish: 2021-05-29 20:04:26 Views: 720
Brief introduction of ant mine Publish: 2021-05-29 20:04:25 Views: 848
Will digital currency open in November Publish: 2021-05-29 19:56:16 Views: 861
Global digital currency asset exchange Publish: 2021-05-29 19:54:29 Views: 603
Mining chip machine S11 Publish: 2021-05-29 19:54:26 Views: 945
Ethereum algorithm Sha3 Publish: 2021-05-29 19:52:40 Views: 643
Talking about blockchain is not reliable Publish: 2021-05-29 19:52:26 Views: 754
Mining machine node query Publish: 2021-05-29 19:36:37 Views: 750