What are bitcoin B and P networks
They are:
the concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's ideas, the open source software was designed and released, and the P2P network was built on it. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system
bitcoin cash
bitcoin cash is a new version of bitcoin with different configurations launched by a small number of bitcoin developers
extended data:
virtual currency refers to non real currency. Well known virtual currency, such as network company's network currency, Tencent company's Q currency, Q point, Shanda company's voucher, Sina's Micro currency (used for micro games, Sina reading, etc.), chivalrous Yuanbao (used for chivalrous road game), silver pattern (used for bixue Qingtian game)
the popular digital currencies in 2013 are bitcoin, Leyte coin, infinite coin, quark coin, zeta coin, BBQ coin, pennies (Internet), invisible gold bar, red coin and prime currency. At present, hundreds of digital currencies are issued all over the world. Popular in the circle & quot; The legend of "bitcoin, Wright silver, infinite copper, pennies aluminum"
however, to say a good thing, it depends on whether it is safe and reliable enough, whether the trading experience is smooth enough, and whether the currency is complete enough. From these dimensions, the security of the current mainstream centralized exchanges is not up to standard, and coin loss and theft often occur. In contrast, the decentralized exchange has achieved rapid development in the past two years. In particular, the head of the decentralized exchange has done a very good job in terms of user asset security and user experience, and the good experience can be comparable to that of the centralized exchange. It is believed that with the development of technology, decentralized exchanges will graally become the mainstream, and centralized exchanges will graally withdraw from the historical stage. The trading platform is better to be decentralized, such as me.
the concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009 [1]. 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
Ethereum is an open source public blockchain platform with smart contract function, which provides decentralized Ethereum virtual machine to process point-to-point contract through its special cryptocurrency ether (ETH)
warm tips:
1. The above information is for reference only, without any suggestions
2. According to the notice on preventing the financing risk of token issuance, there is no approved digital currency trading platform in China. According to the regulation of digital currency in China, investors have the freedom to participate in digital currency transactions at their own risk
response time: February 1, 2021. Please refer to the official website of Ping An Bank for the latest business changes
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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 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
2. TEDA coin (usdt) is a token launched by tether company, which is based on the stable value currency US dollar (USD). 1 usdt = 1 US dollar. Users can use usdt to exchange 1:1 with USD at any time. Tether company strictly abides by the 1:1 reserve guarantee, that is, for each usdt token issued, its bank account will have a capital guarantee of $1. Users can query funds on the tether platform to ensure transparency
TEDA currency is a virtual currency that links cryptocurrency with legal currency US dollar. Each TEDA coin is symbolically associated with government supported legal tender. TEDA currency is a virtual currency kept in the foreign exchange reserve account and supported by legal tender. This method can effectively prevent the price fluctuation of cryptocurrency. Basically, the value of a TEDA currency is equal to US $1
response time: February 5, 2021. Please refer to the official website of Ping An Bank for the latest business changes
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the P2P network structure adopted by bitcoin is not just the choice of topology. Bitcoin is designed as a point-to-point digital cash system, and its network architecture is the reflection and cornerstone of this core feature. Decentralized control is the core principle of design, which can only be achieved by maintaining a flat and decentralized P2P consensus network
each node in bitcoin P2P network is peer-to-peer, but according to the different functions provided, the division of labor of each node is not the same. Each bitcoin node is a functional set of routing, blockchain database, mining and wallet services. A bitcoin network node includes four functions: wallet, miner, complete blockchain and network routing node
some nodes keep a complete and up-to-date of the blockchain, which is called "all nodes". The whole node can independently verify all transactions without any external reference. In addition, some nodes only retain part of the blockchain, and they complete transaction verification through a method called "simple payment verification (SPV)". Such a node is called "SPV node", also known as "lightweight node"
mining nodes create new blocks in a competitive way through proof of work (POW) algorithm running on special hardware devices. Some mining nodes are also full nodes, keeping a complete of the blockchain; There are also some nodes involved in the mining of the mine pool, which are lightweight nodes, and they must rely on the whole node maintained by the mine pool server to work
User wallets can also be used as part of the whole node, which is common in desktop bitcoin clients. At present, more and more users' wallets are SPV nodes, especially bitcoin wallets running on resource constrained devices such as smart phones, which is becoming more and more common.
Bitfinex, referred to as big B network, is an international exchange with a high degree of influence in the whole instry
in particular, the exchange has a deep relationship with the company behind usdt, the first stable currency in the currency circle. Although the domestic popularity is not high, one of the shareholders of the exchange is Zhao Dong, a well-known person in the domestic currency circle. At the peak, the daily turnover is more than 3 billion yuan. Although it has declined, it was established earlier and has accumulated a lot of loyal users. At the same time, the exchange has a good trading depth and a high degree of internationalization
extended materials
bitrex was founded in Seattle, USA in 2014. It was jointly founded by bill of Chinese descent and two business partners, both of whom previously worked as security professionals at Microsoft. Therefore, security is the strength of bittrex, 80% - 90% of all funds are kept offline
in general, the B-net exchange is not only good, but also a reliable cryptocurrency exchange. When investors invest in virtual currency, no matter which exchange they choose, they should know whether it is formal or not. They can judge from whether the service charge of the exchange is reasonable. For example, the spot transaction rate of B-net exchange is 0.2%, which is in a reasonable range