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Are bitcoin mnemonics set by themselves

Publish: 2021-05-16 04:14:41
1. A string of generated encryption keys
2. Your description is not clear. There are too many bitcoin wallets. Any platform that supports bitcoin trading has its own wallets, as well as countless online wallets, mobile app bitcoin wallets and official bitcoin wallets. I don't know which one you're talking about. Here's the official download address of bitcoin Wallet: https://bitcoin.org/zh_ CN/
3. Users can buy bitcoin, and at the same time, they can use computers to do a lot of calculations according to the algorithm to "mine" bitcoin. When users "mine" bitcoin, they need to use the computer to search for 64 bit numbers, and then compete with other gold miners by repeatedly solving puzzles to provide the required numbers for the bitcoin network. If the user's computer successfully creates a set of numbers, then they will get 25 bitcoins. Due to the decentralized programming of the bitcoin system, only 25 bitcoins can be obtained every 10 minutes. By 2140, the maximum number of bitcoins in circulation will reach 21 million. In other words, bitcoin system is able to achieve self-sufficiency, resist inflation through coding, and prevent others from destroying these codes

warm tips:
1. According to the notice and announcement issued by the people's Bank of China and other departments, virtual currency is not issued by monetary authorities, does not have monetary attributes such as legal compensation and compulsion, is not a real currency, does not have the same legal status as currency, and cannot and should not be used as currency in the market, Citizens' investment and transaction of virtual currency are not protected by law
2. Before investing, it is recommended that you first understand the risks existing in the project, and clearly understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market
3. The above explanation is for reference only. Investors should not use such information to replace their independent judgment or make decisions only based on such information, which does not constitute any investment operation

response time: February 5, 2021. Please refer to the official website of Ping An Bank for the latest business changes
[Ping An Bank I know] want to know more? Come and see "Ping An Bank I know" ~
https://b.pingan.com.cn/paim/iknow/index.html
4.

You can download a bitcoin wallet or register on a trading platform. Everyone's bitcoin address is unique. If you have an address, you can make a bitcoin transfer. Download bitcoin client or bitcoin wallet, you can also register your own bitcoin address. A bitcoin address is a string of 26 to 34 bits of letters and numbers, which looks a bit like garbled code

the bitcoin address is an indivial's bitcoin account, which is equivalent to your bank card number. Anyone can transfer bitcoin to you through your bitcoin address. The red box is the bitcoin address. Log in to my bitcoin bag and you can see the money

extended materials:

the concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's idea, the open source software was designed and released, and the P2P network on it was constructed. 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. 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. The monetary system used to have no more than 10.5 million in four years, after which the total number will be permanently limited to 21 million

bitcoin can be cashed and converted into the currency of most countries. Users can use bitcoin to buy some virtual items, such as clothes, hats and equipment in online games. As long as someone accepts it, they can also use bitcoin to buy real-life items

reference: network bitcoin

5.

Bitcoin is not gambling

At present, Atari will launch an encrypted casino in the Ethereum based virtual world

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Atari, the game company behind the iconic Pacman, asterioids and Pong, will cooperate with decentral games to develop an encrypted currency casino

according to a press release shared with coindesk on Monday, Atari casino will be built in Vegas City, the game area of the virtual space in Ethereum's decentraland, and will be leased for the first two years

in the virtual world, players live in the avatar's body when interacting with the digital world or "meta world". Decentral games, a part of decentraland ecosystem, claims to be the first community-owned Yuanjie cryptocurrency casino

according to the press release, token holders of DG will also be able to use them to participate in governance and company related decisions

"by working with decentral games, we can transfer Atari's game experience to the blockchain," Atari CEO Frederic Chesnais said in the announcement

Decentraland is supported by digital currency group, the parent company of coindesk

6.

If you don't manually pick up the coins you dig in the mine, you will automatically send them to your wallet when they accumulate to 1. Of course, you can set how much you want to pay automatically. Just set the receiving address of your wallet in the mine. It's just that we can't dig BTC and use computers now. Even the electricity bill is not enough. There is a special ASIC to dig

7. Bitcoin uses a number of technologies, more than one, mainly distributed P2P technology, cryptography technology and so on
it is recommended to search bitcoin white paper for more information.
8. Brief introction: Sai blockchain (Beijing) Technology Co., Ltd. (Sai blockchain for short) is a high-tech company focusing on enterprise blockchain procts and services. Its business covers instrial blockchain solutions, blockchain cloud services, data blockchain services, etc., and is committed to providing blockchain procts and services for government, financial and other instrial customers, At the same time, it provides services such as notarization, right confirmation, chain transaction and analysis, data security protection of important data assets. Sai blockchain company is the initiator of big data blockchain laboratory and China blockchain application Alliance (Preparatory), and is contributing to the application and popularization of blockchain technology
legal representative: Zhao Gang
time of establishment: June 13, 2016
registered capital: RMB 1 million
Instrial and commercial registration number: 110108021410023
enterprise type: limited liability company (invested or controlled by natural person)
Company address: 01-84, 8th floor, 18 Zhongguancun Street, Haidian District, Beijing
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