Bitcoin conspiracy for distributed computing

1. At present, only a few algorithms of virtual currency are meaningful, such as XPM (prime currency, used to solve prime numbers), GRC (Greider currency, used for scientific operation), etc. I have been using CPU to dig XPM, although my income is limited. In fact, these currencies also have the excellent properties of bitcoin, but they are not favored by most virtual currency lovers. The price is very low, which is really distressing.

2. It's not a simple formula that can explain it. It's a kind of calculation of computer network system, which is very tedious. You just need to understand that. If you want to make bitcoin, I hope you'd better download the genuine software

3. 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.

4. The blockchain games I know include eth90 games and DAPP games, which are very famous blockchain games.

5.

In fact, the mining calculation of bitcoin is to do math problems together. The problem stem is the transaction that needs to be recorded. By doing the problem, everyone grabs the bookkeeping right, and the miners can get system rewards and transaction fees. The feature of sha256 algorithm used in bitcoin is that it is easy to verify the known answers correctly, but it is very troublesome to get the answers, and it needs to try one by one. The miner who got the answer first was recognized by everyone as having snatched the right to keep accounts, and the reward was given to him. Let's continue to grab the bookkeeping right of the next question. In short, the significance of these calculations is only to ensure the stability and safety of the whole system, and there is no more significance

it is not comprehensive to regard bitcoin as a by-proct of computing. The generation and issuance of bitcoin, all the transactions and circulation in the bitcoin chain, and the stability of the bitcoin system are the purpose of computing and are integrated. Of course, in addition to maintaining the system, it does not proce other value and procts. This is also a black spot where bitcoin is accused of not being environmentally friendly and wasting resources. In general, bitcoin, as a milestone blockchain digital currency, is e to the huge value of a large amount of computing power investment and user trust. There is no doubt about that

6. The so-called calculation specific mathematical problem (mining) is actually generating a block (a mechanism used to maintain the security of bitcoin system). The nature of cryptography involved in it makes it more and more difficult to calculate.

this calculation has nothing to do with other distributed computing projects, but is only used for internal calculation, The calculations do when mining are internal to bitcoin and not related to any other distributed computing projects. They serve the purpose of securing the bitcoin network, which is useful

7. 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
2. Unlike all 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 scarcity

warm tips: ① the above contents are for reference only, without any suggestions. The relevant procts are issued and managed by the corresponding platform or company, and our bank does not undertake the responsibilities of investment, cashing and risk management of the procts. ② There are risks in entering the market, so investment should be cautious. Before making any investment, you should make sure that you fully understand the nature of the investment and the risks involved in the proct. After a detailed understanding and careful evaluation of the proct, you can judge whether to participate in the transaction
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8. We know to calculate a simple mathematical problem, such as 1 + 1 is equal to several, with a computer is enough. But what about a super complex problem? This can use multiple computers to work together, and if these computers are all on the Internet, how can they link to each other? How to deliver messages and communications? How to coordinate their respective tasks and division of labor? These problems are what distributed computing system should solve
distributed system is a system formed by a series of computers, which are linked to each other through the network to transmit messages and communicate with each other and coordinate their behaviors. Computers interact with each other to achieve a common goal. It is a scientific method to divide the engineering data which need to be calculated into small pieces, calculate them separately by several computers, upload the calculation results, and then unify the results to get the data conclusion
because supercomputers with super computing power are too expensive, many very complex scientific problems in the world are completed through distributed computing. Bitcoin is one of them.