Bitcoin general ledger increases infinitely

1.

In the future, the value of bitcoin will continue to rise, mainly e to the following reasons:

1. The value of bitcoin will rise over time in design

2. As the transaction volume of bitcoin is increasing every day in the world, the total amount of bitcoin and bitcoin generated every 10 minutes will decrease (that is, the bitcoin implemented on July 10 will be halved), The value of bitcoin will continue to rise in the foreseeable future

The dollar and many other fiat currencies are depreciating every year, which is e to inflation, that is, the increase of money supply. Bitcoin is designed to be deflationary

4. Since now, the supply of bitcoin has been reced again, that is to say, bitcoin has been "halved", recing the number of bitcoins proced every ten minutes. At present, the reward for each block is 12.5btc

There is no proction limit on the quantity of US dollar, so it may be inflated by the order of the government or the central bank group. Paper money (legal tender) is usually inflated by trying to pay off excess debts or by paying for war

But in bitcoin, there is no debt, inflation and bleeding. I would say that we are on the way to a good ideological start

7. Bitcoin now has a bifurcation battle, but the market fluctuation is relatively stable, which proves that many countries in the world need it. If you split a coin into two. If your assets exceed 10 million, I suggest you invest 10%

2. The upper limit of bitcoin is not the exact figure of 21 million. 21 million is calculated according to the mining rules
in the first four years, 50 pieces were g out every ten minutes: 50 * 6 * 24 * (365 * 4 + 1) = 10519200 pieces
in the second four years, 25 pieces were g out every ten minutes: 25 * 6 * 24 * (365 * 4 + 1) = 5259600 pieces
according to the sum formula of infinite equal ratio sequence, the final total amount is infinitely close to 21038400 pieces (10519200 * 2)
as long as the mining rules are not changed, the number of bitcoins will never exceed 21038400

3. Hanging order is the number of orders waiting to be bought and sold behind the five trading prices transmitted from the exchange ring the market trading period. Together with five trading prices, these ten data constitute the most original public data in the whole trading system

4. The total amount of bitcoin is 21 million, which cannot be increased indefinitely. It's stipulated by Nakamoto. First of all, the purpose of bitcoin is to make up for the deficiency of the existing centralized currency. The unlimited issuance of centralized currency is a major factor incing inflation. Therefore, decentralized bitcoin cannot be increased indefinitely.

5. Bitcoin is a kind of P2P digital code. Bitcoin is not issued by 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. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction
bitcoin is a digital currency designed in January 2009 by a mysterious man named Satoshi Nakamoto who deliberately conceals his true identity. Nakamoto advocates that bitcoin allows users to complete payment in a decentralized, peer-to-peer network, without requiring a central clearing center or financial institutions to clear transactions. Users only need internet connection and bitcoin software to pay to another public account or address
but just because bitcoin continued to mine on its own at the beginning of its release, it hoarded a lot of bitcoin in its own hands, which destroyed the original intention of bitcoin decentralization. Finally, the future of bitcoin will be the dictatorship of Nakamoto
in this regard, bitcoin is far less than the rising star represented by infinite coin who does not steal. In addition, the total amount of bitcoin is too small (only 21 million, but it will take more than 100 years to complete), the speed of transaction confirmation is slow (it takes up to one hour to confirm a transaction), and the phenomenon of stealing bitcoin is serious (Nakamoto has a huge amount of bitcoin in his hand), New virtual currencies, such as unlimited money, have been fully made up at the beginning of development, and even have great advantages compared with bitcoin. It can be said that the new virtual currency represented by unlimited currency is more fair to every ordinary person and more suitable for daily actual transaction payment. It will eventually replace bitcoin and become a truly recognized virtual currency in the future.

6. Bitcoin is a kind of virtual digital encryption. When it was born, it must write rules: the total number is 21 million, the more difficult it is to dig,

7. I agree with the answer

infinity. Theoretically, each node needs to synchronize all block information, but in practical application, lightweight processing will be considered, and older information does not need to be synchronized. Up to now (2017-02-20), about 100g block content has been generated.

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