When did MC public chain mining go online
In 2009, bencong invented bitcoin, and set that there are only 21 million bitcoins. By participating in the proction of blocks and providing proof of work (POW), he can get the reward of bitcoin network. This process is mining
the concept of "mining" comes from the existing concepts in our real economic life, such as gold mining and silver mining. Because minerals are valuable, it drives people to pay labor to dig
another important point of bitcoin mining is that the miners who participate in mining recognize the value of bitcoin, and some of them are willing to spend money in the bitcoin market. Therefore, the mining of bitcoin is meaningful
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currency characteristics of bitcoin
1, decentralized
bitcoin is the first distributed virtual currency, and the whole network is composed of users without central bank. Decentralization is the guarantee of bitcoin's security and freedom
2, bitcoin can be managed on any computer connected to the Internet. No matter where you are, anyone can dig, buy, sell or collect bitcoin
3, exclusive ownership
controlling bitcoin requires a private key, which can be stored in any storage medium in isolation. No one can get it except the user himself
4, low transaction cost
bitcoin can be remitted free of charge, but in the end, about 1 bitfen transaction fee will be charged for each transaction to ensure faster transaction execution
5, no hidden cost
as a means of payment from a to B, bitcoin has no cumbersome limit of quota and proceres. If you know the other party's bitcoin address, you can pay
6, cross platform mining
users can explore the computing power of different hardware on many platforms
Alibaba has recently launched a virtual currency mining platform "P2P node". According to the terms of the service agreement of the platform, the main operator of the platform is Alibaba East China Co., Ltd. It is reported that the company completed its registration on October 10, 2017, and its registered address is located in Nanjing
at present, we have not yet known the intention behind Alibaba's move. When major platforms generally enter the blockchain ICO market, Alibaba has access to third-party platforms. Compared with blockchain projects with weak data base, Alibaba has accumulated experience to catch up with and surpass the current blockchain technology
in the spot silver trading system, there is a concept of spot silver burst rate, that is, when there is still a lot of margin left in the spot silver investor's account, the system will force to close the position. Of course, different trading platforms have different burst rates, which can be understood by consulting the platform. For example:
suppose that if the burst rate is 50%, the capital of account a is 100 US dollars, and the margin is 10 US dollars. When a loses all 100 US dollars in the account, and even 10 US dollars in the margin is lost by 50%, it will burst, that is, the margin is lost by 5 US dollars
if the burst rate is 100%, when a loses $100 in his account and only has $10 in margin, it will burst.