Bitcoin Mint system
Publish: 2021-05-20 19:51:41
1. I don't know what you mean. Do you mean 800 yuan a day for bitcoin mining machine or its name is bitcoin 800
If a bitcoin miner costs 800 yuan, it's nothing unusual, not to mention pyramid selling, but it may be a scrap metal, so it's hard to find bitcoin. The current mining cost of bitcoin is very high, so it's not recommended for retail investors to mine, unless electricity is free
if the name is bitcoin 800, it is likely to be pyramid selling, and mining is likely to be used for pyramid selling. It is recommended to stay away from it. If you want to know about bitcoin, you can go to bitcoin home to check relevant information.
If a bitcoin miner costs 800 yuan, it's nothing unusual, not to mention pyramid selling, but it may be a scrap metal, so it's hard to find bitcoin. The current mining cost of bitcoin is very high, so it's not recommended for retail investors to mine, unless electricity is free
if the name is bitcoin 800, it is likely to be pyramid selling, and mining is likely to be used for pyramid selling. It is recommended to stay away from it. If you want to know about bitcoin, you can go to bitcoin home to check relevant information.
2. You should be talking about BBT mint or BBT Mint system. I think this is a pyramid scheme. Many mainstream bitcoin media, such as bitcoin home, have exposed it as a pyramid scheme. When you play BBT, please consider the following questions carefully:
1] does anyone in the founder and operation team of BBT know
2] does the BBT system have any physical or organizational support or endorsement
3] is BBT a kind of open source digital currency? Is the source code public
4] is BBT a spontaneous market like bitcoin, and is it decentralized
5] why isn't BBT the mainstream Shanzhai coin trading platform at home and abroad?
1] does anyone in the founder and operation team of BBT know
2] does the BBT system have any physical or organizational support or endorsement
3] is BBT a kind of open source digital currency? Is the source code public
4] is BBT a spontaneous market like bitcoin, and is it decentralized
5] why isn't BBT the mainstream Shanzhai coin trading platform at home and abroad?
3. Turn< First of all, you need to know the concepts of public key and private key (you don't need to look at this part)
public key and private key are the terms of asymmetric encryption in modern cryptography. They usually encrypt information with public key and decrypt information with private key. Why? Because when you watch TV dramas, telegrams are encrypted symmetrically. The disadvantages of this encryption method are obvious. If someone knows the key and encryption method, they can decrypt the telegrams according to the encryption method. Until asymmetric encryption, the situation has changed. Public key is the key that can be made public all over the world. For example, when you communicate with Google, you encrypt with the 1024 bit public key given by Google and send it to Google. Only he has the corresponding private key, and only he can decrypt it, so the communication security is ensured
2. Bitcoin mainly uses ECDSA, which is the elliptic curve signature algorithm, This algorithm has two characteristics. Note that these two points are very important to the following
A. as long as you know the private key, you can calculate the corresponding public key
B. If you have signed something with the private key, you can use the public key to calculate whether you signed it or not
3. After knowledge preparation, let's start with the transaction of bitcoin. In fact, bitcoin has no wallet, only transaction bills, and the whole bitcoin is a lot of transaction bills
for example:
bill 1 transfers from a to B to XXX bitcoin
Bill 2 transfers from B to C and D to XXX bitcoin
bill 3 transfers from C to e to XXX bitcoin
.... Anyone who downloads the client can receive all the bills from the day when bitcoin was established, so as long as all the bills are downloaded, they will naturally know how much money should be left on each account (think carefully here)
4. The account of bitcoin is the public key mentioned just now
5, Here is the core part!!! Each bill is a piece of data. After you sign it, it will be sent to the whole network, and the data structure will be reversed into easy to understand Chinese. The explanation is as follows:
from (who sent it, including two parts)
previous TX: the ID of the bill for which you want to spend the money, that is to say, any money you spend should have been transferred to you, You need to show the ID of the bill
scriptsig: your signature for this transaction is to hash the bill with your private key, only you can do this hash
to (who accepts, including two parts)
value: how much to send
scriptpubkey: the public key of the other party, and the bitcoin account is a public key
6, How to send it? Bitcoin communication is not so complicated. You can compare it to IRC channel, but different from ordinary "IRC", any client is an "IRC" server. When you start the client, you will receive the client address with public IP around, that is, the "server" list. This list is constantly refreshed, and it is all other bitcoin users, So when you shout a word in this "IRC", people around you will hear it and spread it all over the world
7. After sending the signature to the whole world, all the clients who receive this list will verify whether your signature is correct, whether you sent it, and whether you have so much money (according to the historical transaction, you can calculate how much money you have to spend)
if you have calculated this transaction, it's OK, Basically, the transfer is successful
8. In fact, the other party has accepted bitcoin, but in order to spend it, he must have the private key corresponding to the address (public key). So he can fill in the from header of a form. Previous TX is the serial number of the transaction just now. Scriptsig fills in the hash signed with his private key
Mining
and then explain the mining part. I'm trying my best to simplify the whole process to make it easier for you to understand, so the problems of mining and double spending (counterfeiting currency, spending the same sum of money twice) are specially removed
in fact, after reading the above explanation, there will be a question, since they are all transaction records, where did the initial money come from? The transaction has to have the original part of the money, which is the money from mining. After mining, you will also get a transaction record. But from is very special, and the whole system also recognizes this from. In addition, in fact, the bill is attached to the block, and after the bill is sent to the whole network, It's not right that the whole network should be calculated.
just now, it's said that the whole network should be calculated together. According to the bitcoin rule, the first calculated reward is mining income. Now the reward amount is 25 bitcoin, so
If I only use one PC, it's too weak, so I have a mining machine. The function of mining is to check whether the transaction of bitcoin is correct. Mining machine is to calculate faster than others
money laundering
many people who talk about bitcoin can't explain the problem of money laundering if they are not really experienced, and this problem is related to the essence of bitcoin. Why bitcoin can launder money is also determined by the characteristics of bitcoin. As I explained above, the bill of bitcoin is just one in (from) and one out (to). In fact, bitcoin protocol allows countless in and out as long as the total amount of from is equal to the total amount of to, In order to better understand the image of you, I specially found a transaction of multiple from and multiple to from the actual bitcoin transaction records. The screenshot is as follows, and the link is here https://blockchain.info/zh-cn/tx/
public key and private key are the terms of asymmetric encryption in modern cryptography. They usually encrypt information with public key and decrypt information with private key. Why? Because when you watch TV dramas, telegrams are encrypted symmetrically. The disadvantages of this encryption method are obvious. If someone knows the key and encryption method, they can decrypt the telegrams according to the encryption method. Until asymmetric encryption, the situation has changed. Public key is the key that can be made public all over the world. For example, when you communicate with Google, you encrypt with the 1024 bit public key given by Google and send it to Google. Only he has the corresponding private key, and only he can decrypt it, so the communication security is ensured
2. Bitcoin mainly uses ECDSA, which is the elliptic curve signature algorithm, This algorithm has two characteristics. Note that these two points are very important to the following
A. as long as you know the private key, you can calculate the corresponding public key
B. If you have signed something with the private key, you can use the public key to calculate whether you signed it or not
3. After knowledge preparation, let's start with the transaction of bitcoin. In fact, bitcoin has no wallet, only transaction bills, and the whole bitcoin is a lot of transaction bills
for example:
bill 1 transfers from a to B to XXX bitcoin
Bill 2 transfers from B to C and D to XXX bitcoin
bill 3 transfers from C to e to XXX bitcoin
.... Anyone who downloads the client can receive all the bills from the day when bitcoin was established, so as long as all the bills are downloaded, they will naturally know how much money should be left on each account (think carefully here)
4. The account of bitcoin is the public key mentioned just now
5, Here is the core part!!! Each bill is a piece of data. After you sign it, it will be sent to the whole network, and the data structure will be reversed into easy to understand Chinese. The explanation is as follows:
from (who sent it, including two parts)
previous TX: the ID of the bill for which you want to spend the money, that is to say, any money you spend should have been transferred to you, You need to show the ID of the bill
scriptsig: your signature for this transaction is to hash the bill with your private key, only you can do this hash
to (who accepts, including two parts)
value: how much to send
scriptpubkey: the public key of the other party, and the bitcoin account is a public key
6, How to send it? Bitcoin communication is not so complicated. You can compare it to IRC channel, but different from ordinary "IRC", any client is an "IRC" server. When you start the client, you will receive the client address with public IP around, that is, the "server" list. This list is constantly refreshed, and it is all other bitcoin users, So when you shout a word in this "IRC", people around you will hear it and spread it all over the world
7. After sending the signature to the whole world, all the clients who receive this list will verify whether your signature is correct, whether you sent it, and whether you have so much money (according to the historical transaction, you can calculate how much money you have to spend)
if you have calculated this transaction, it's OK, Basically, the transfer is successful
8. In fact, the other party has accepted bitcoin, but in order to spend it, he must have the private key corresponding to the address (public key). So he can fill in the from header of a form. Previous TX is the serial number of the transaction just now. Scriptsig fills in the hash signed with his private key
Mining
and then explain the mining part. I'm trying my best to simplify the whole process to make it easier for you to understand, so the problems of mining and double spending (counterfeiting currency, spending the same sum of money twice) are specially removed
in fact, after reading the above explanation, there will be a question, since they are all transaction records, where did the initial money come from? The transaction has to have the original part of the money, which is the money from mining. After mining, you will also get a transaction record. But from is very special, and the whole system also recognizes this from. In addition, in fact, the bill is attached to the block, and after the bill is sent to the whole network, It's not right that the whole network should be calculated.
just now, it's said that the whole network should be calculated together. According to the bitcoin rule, the first calculated reward is mining income. Now the reward amount is 25 bitcoin, so
If I only use one PC, it's too weak, so I have a mining machine. The function of mining is to check whether the transaction of bitcoin is correct. Mining machine is to calculate faster than others
money laundering
many people who talk about bitcoin can't explain the problem of money laundering if they are not really experienced, and this problem is related to the essence of bitcoin. Why bitcoin can launder money is also determined by the characteristics of bitcoin. As I explained above, the bill of bitcoin is just one in (from) and one out (to). In fact, bitcoin protocol allows countless in and out as long as the total amount of from is equal to the total amount of to, In order to better understand the image of you, I specially found a transaction of multiple from and multiple to from the actual bitcoin transaction records. The screenshot is as follows, and the link is here https://blockchain.info/zh-cn/tx/
4. You should be talking about the BBT system. This system has been exposed by bitcoin home, the mainstream media in the coin circle, which is suspected of pyramid scheme. Spark entertainment bitcoin, which has been on the run before, is the best example, involving tens of millions of dollars. Hope that the majority of netizens to be vigilant, in order to prevent being cheated
if you are interested in encrypted digital currency, it is recommended to play bitcoin, Laite coin, Fuyuan coin and dogcoin
not to mention bitcoin. Leyte coin is an unsuccessful test of bitcoin. Fuyuan coin focuses on application business district, while doggy coin focuses on reward culture.
if you are interested in encrypted digital currency, it is recommended to play bitcoin, Laite coin, Fuyuan coin and dogcoin
not to mention bitcoin. Leyte coin is an unsuccessful test of bitcoin. Fuyuan coin focuses on application business district, while doggy coin focuses on reward culture.
5. Bbt Mint system has been exposed by bitcoin house, the mainstream bitcoin media website in the coin circle, which is suspected of pyramid scheme. Hope that the majority of netizens to be alert to prevent being cheated. There is no free lunch in the world. You are still making money. You can only say that the scam has not been broken. Maybe the early entrants and smarter people will make money, but most of them still have to lose money. You can use the Ponzi scheme online
it's suggested to stay away from this kind of currency. I've learned that it's the pyramid scheme. It's full of words and doesn't tell the truth.
it's suggested to stay away from this kind of currency. I've learned that it's the pyramid scheme. It's full of words and doesn't tell the truth.
6. It has been explicitly prohibited in our country.
7. I can say for sure that it's actually MLM. My best friend is doing it.
8. Bbt Mint system, first of all, it is not illegal. Because it's based on the Internet. It's legal as long as it's on the Internet. In 2001, the heads of eight countries, including China, announced the Internet convention. As long as the virus is not released on the Internet, porn, FA Neng Gong and everything that disturbs society. No country can interfere in any way. Of course, BBT is not legal in reality. Because every country has its own legal tender
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