Counterfeit currency for BTC

it's not that you can't buy it, but that you don't recommend it. bitcoin has many years of history. It can be regarded as a fraud or a fraud. At least, it will not become a bubble in a short time. but Shanzhai coins are different. They are of various types, and they may fall into the pig slaughtering plate if they are not familiar with them in addition, when you don't know anything about investment and finance, you'd rather deposit in the bank than buy funds or stocks

take the most basic gold as an example. Some people can make money, while others can only lose money. This is not e to luck, but from the judgment of market trends. New leeks don't know anything, they can only be cut in the end

BTC 2009 Satoshi Nakamoto is bitcoin / org ~ $24.3 billion is SHA-256; LTC 2011 coblee is litecoin / org ~ $3.6 billion is script infinite; IFC 2012 ifccion is ifccoin / org ~ $20 million is script quark qrk 2012 qrkcion is cgbcion / org ~ US $10 million is scrpt zeta coin, 2012 zetcony is ZET / org ~ US $10 million is scrpt proof of work / POS how to distinguish black heart coin. So how to distinguish these black heart coins
with the popularity of Shanzhai coin market, some unscrupulous developers, after developing a virtual coin, organize themselves to take a part of the total amount of virtual coin issued as their own before putting it on the market. This proportion is generally less than 2%, and a few even reach 90%. When the virtual currency has a certain value or on the trading platform, a large number of sell-off cash, so that miners and investors suffer huge losses, so the first factor to choose virtual currency is zero pre dig. So how to distinguish whether a virtual coin is zero pre dig? Here is the identification method. 1. Play the wallet and wait for the wallet to complete synchronization. Open the wallet - "help" - "debug window" - "console" 2. Input the command: getblockhash block. For example, input: getblockhash 1 to get the hash value of the first block. Input the command: getblock just got the hash value. We input: getblock to find the value of TX, Here we are: we enter: getrawtransaction 1 (the space 1 above and behind should not be omitted) 5. In the information, the value value is the content of this block: 8.00000000, which is the currency quantity of the first block. This query method is common to all virtual currencies
e to the irreversibility of virtual coins, unscrupulous developers need to pre dig a large number of virtual coins as soon as possible. They have to set a large number of 1-N early blocks to implement pre digging. This is a dilemma. The author who has no pre dig has no motivation to maintain it. There is a risk that the author will cash out and smash the market maliciously if there are too many pre digs. Generally speaking, the author will use part of the pre digs for promotion and maintenance, but the pre digs generally do not exceed 2%. But in practice, many authors have done a lot of pre excavation
1. For example, Wolong, the author of Panda Coin (transaction code: PND), had a serious pre excavation. When he went public, the author smashed 18e coin directly into the market, from 200 Cong bitcoin to the price of Jicong bitcoin. At the same time, the domestic promotion QQ group was disbanded, a large number of investors were deeply locked, resulting in a very bad impact
2. For those who are lucky in disguise, e to the failure of the author's pre dig, such as moleculars (transaction code: mol), the author stole about 10 million (total 2e) after the release of the coin. At that time, it caused a big stir in the foreign Shanzhai coin forum. Some Shanzhai coin lovers directly used big computing power (51% computing power attack) to cause the currency to split, After the restart of the block, all the pre g coins were lost, resulting in that the total amount of the coin is only 1.9e, because the zero pre g coin caused by the accident aroused the interest of the majority of coin friends, and the computing power of the whole network once exceeded 200g. At present, the author's maintenance power comes from the donation and reward of fans at home and abroad, and the author's enthusiasm for coin friends is unexpected
therefore, instead of worrying about pre excavation and no pre excavation, we should pay more attention to the amount of pre excavation and the purpose of pre excavated coins. It is recommended that you do not play with more than 2% of the pre g coins. The so-called POW refers to the proof of work, that is, the proof of work. In short, it is to get rewards through calculation, and it can be calculated by mining machine or computer CPU, GPU, etc., that is the so-called mining. Investors can get it by buying it from home or digging their own mines. Relatively fair, early investors can not monopolize the quantity and price of currency. Representative currency: bitcoin, etc
the so-called POS refers to the proof of stock. In this way, currency investors can only buy from the previous home, which is similar to the pyramid style. The distribution is extremely unfair. Many currency investors get a lot of currency at the initial stage, and later can only get it from the initial investors at a high price, which leads to the monopoly of the initial investors on the currency price. Representative currency: NXT, etc
the so-called IPO is more similar to crowdfunding in the field of Shanzhai currency, that is, the author or company initiates the investment target, and domestic and foreign investors invest and obtain a certain amount of currency or options. This kind of representative currency: PTS, etc. However, e to 3I company, PTS has been delayed again and again, which has a great impact on investors' confidence