Creating bitcoin

1.

The concept of bitcoin was founded by Nakamoto

On December 12, 2010, when bitcoin graally became a hot topic, he quietly left and disappeared from the Internet

As a descendant of samurai, Nakamoto was born in 1949 in Beppu, Japan. His mother, quanzi, was a Buddhist and brought him up in poverty

When his parents divorced in 1959, Nakamoto's mother remarried and immigrated to California with her three sons. Nakamoto and his stepfather don't get along well, but according to his younger brother Arthur, Nakamoto showed his talent in mathematics and science when he was very young, but also showed his "fickle and strange interest"

Nakamoto graated from Caltech, majoring in physics. Upon graation, he joined Hughes Aircraft and worked in defense and electronic communications. Later, Nakamoto worked for the U.S. military, and his experience was classified as a state secret. Now searching his files, his life is a blank

In 2008, in an e-mail group discussing information encryption on the Internet, he published an article outlining the basic framework of the bitcoin system. In 2009, he established an open source project for the system, officially announcing the birth of bitcoin. On December 12, 2010, when bitcoin graally became the climate, he quietly left and disappeared from the Internet

2. 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 a strong scarcity

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3.

Every other time, the bitcoin system will generate a random code on the system node. All computers in the Internet can search for this code. Whoever finds this code will generate a block and get a bitcoin. This process is often called mining

at present, one bitcoin is divided into eight decimal places based on the current data structure, that is, 0.00000001btc. The smallest unit of bitcoin g by miners is 0.00000001btc

generally speaking, bitcoin is like a gold mountain with a total amount of 21 million gold coins. To get it, players need to use the computing power of the computer to calculate a group of numbers according to the existing algorithms

extended data:

unlike all currencies, bitcoin does not rely on specific currency institutions to issue. 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 the use of cryptography design to ensure the security of all aspects of money circulation

the decentralized feature and algorithm of P2P can ensure that it is impossible to artificially control the value of bitcoin by mass manufacturing. 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 a strong scarcity

4.

The operation steps of creating your own bitcoin account are as follows:

1. search "bitcoin" by computer

   

2. after the successful registration, you can carry out transactions, mining, payment and other operations

5. No, the cost of these two chipsets is too high, and the CPU on z370 is too expensive now. In addition to the prime coin, which is g by CPU, other GPU coins have very low requirements on memory and CPU. It is a waste to match the CPU. Amd has a B350, Intel mainly has 1150 interface, such as H81, B85, and a mining board integrated with 1800 CPU.

6.

ASUS motherboard z370-dragon is equipped with comprehensive fan control, which can be configured through fan xpert 4 intelligent fan control or UEFI BIOS; PCI slot and audio track, equipped with LED light control function, built-in gorgeous LED light mole, make the computer more dazzling. Support for Intel & # 174; Ao Teng & Chen 8482; Memory technology. It's an innovative technology (nonvolatile storage). Intel aoteng memory can accelerate attached storage, rece startup and load time, and make it run faster and respond faster. M. 2 with PCI Express 3.0/2.0 X4 bandwidth, supporting 32GBIT / s data transmission speed, it is the best choice for operating system or application driver, making the whole computer or professional application run faster

Proct specifications may vary according to the country or region. We sincerely suggest that you confirm the specifications of the procts currently sold with your local dealer or retailer

7. If you want to understand the value of bitcoin, you have to score two parts, theoretical and practical,