Who invented bitcoin? Is it Japan
bitcoin, which does not belong to any country, was originally a kind of network virtual currency, similar to Tencent's q-coin, but it has been able to buy real-life goods. A bitcoin is equivalent to 6989 yuan
the content of this article comes from: financial code of the people's Republic of China: application edition, China Law Press
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
on December 17, 2017, bitcoin reached an all-time high of $19850.
On November 1, 2008, a person who called himself Satoshi Nakamoto posted a research statement on a secret cryptography review group, stating his new idea of electronic currency bitcoin came out, and the first transaction of bitcoin was completed. Bitcoin has got rid of the constraints of third-party institutions with the help of information technology, which Nakamoto calls "regional chain". Users are willing to dedicate the computing power of CPU and run a special software to be a "digger", which will form a network to maintain the "regional chain". In the process, they also generate new money. Trading also extends on this network. The computer running this software can solve the problem of irreversible code, which contains several trading data. The first miner to deal with the problem will get a 50 bitcoin reward, and the relevant trading area will join the chain. As the number of "miners" increases, the difficulty of each puzzle also increases, which keeps the proctivity of bitcoin in each trading area at about 10 minutes
different from the outside speculation that it may be a fictitious name, "Nakamoto Tsui" is a real name. He is a 64 year old Japanese American who likes to collect train models. He once worked for large enterprises and the U.S. military and engaged in confidential work. In the past 40 years, Nakamoto has never used his real name in his life. According to a 1973 Los Angeles District Court file, when he graated from Caltech at the age of 23, he changed his name to Dorian prentice Satoshi Nakamoto. From then on, he no longer used the name "cong", but used Dorians Nakamoto as his signature