Blockchain bitcoin price
bitcoin is a virtual currency. blockchain is the node to calculate virtual currency transactions. In short, blockchain technology ensures the normal operation of bitcoin system. How to describe the principle of blockchain. That's what the ledger means. I don't know if it's easy to use. It's said that it's quite encouraging. After all, it takes ten minutes to calculate the database account book in this area
but the bitcoin market is unstable recently. Let's have a look. Maybe I'll see you on the roof
blockchain technology is not only the underlying technology of bitcoin, but also the core and infrastructure of bitcoin bitcoin has been running without any centralized organization operation and management. Later, bitcoin technology was abstracted, which was called blockchain technology or distributed ledger technology
extended data:
disadvantages of blockchain technology applied to digital currency:
first, there is no circulation management organization for "decentralization" blockchain technology is essentially a distributed database system with one-way linked list logic structure and P2P network design mode, which determines that there is no unified central control system for virtual currency based on blockchain technology
Second, it is difficult to effectively control the quantity supply the circulation of virtual currency based on blockchain technology is fixed, and according to Fisher Equation, the total transaction volume of the whole society under a certain price level in a certain period has a certain proportion with the required nominal currency volume, while the constant currency volume obviously can not meet the requirements of the growing total price of social goods Thirdly, "mining mechanism" is difficult to create recognized value bitcoin itself has no value and no national credit support. Some people think that "by continuously consuming computing power and energy to inject value into virtual currency", but it is obviously not the most efficient choice to consume millions of calculations in order to find a hash value that meets the requirements Fourthly, procers and early holders are easy to get high seigniorage any virtual currency based on blockchain technology is held by a few people at the initial stage of its development. Take bitcoin as an example. At first, bitcoin was only a proct of a few people's game. The first bitcoin purchase in May 2010 was $10000 BTC's purchase of $25 pizza. The first bitcoin transaction completed in July of the same year was $0.04/btcOften when we talk about value, we will naturally relate to price. Indeed, price is an important data to measure value. As a blockchain technology, bitcoin's price reached 140000 RMB when it was high, and now it has dropped by about 50%, but it is still as high as 80000 RMB
At this point, you may have understood: if people do not have a common understanding of a thing, and do not give value to a thing, many things will not become "valuable". Just like our understanding of air and food, it is necessary for us to live and survive! This is the "consensus". We all believe that if we want to live, these two are indispensable! Therefore, we can conclude that the essence of value is consensus. What is the value consensus of virtual currency? Most people think that the essence of currency is not consensus, but the credibility and authority of the ruling government. This is not unreasonable. The government can only be one of the sources of value consensus, so most people think it is not comprehensive. In today's society, our consensus on the value of things comes from many ways, such as: Endorsement of authoritative institutions, corporate credit, religious belief, support of scientific theoryIt should be noted that the fire of bitcoin has made many counterfeit coins spring up like mushrooms. Without technical knowledge, the stability of counterfeit coins can not be recognized, so we need to be extra careful; More importantly, many pyramid schemes and scams are disguised as "virtual currency". We must be careful to identify them and avoid being cheated
blockchain is the underlying technology of bitcoin, which is based on the cryptocurrency issued by blockchain. But more people may know bitcoin first, so they will mistakenly think that the two are the same thing
bitcoin is one of the cryptocurrencies. It is created by an indivial or a group named Nakamoto and generated by a lot of computing. The blockchain is a decentralized distributed ledger. When cryptocurrency is traded on the blockchain, it will record one block after another. These transaction records cannot be tampered with, and all contents can be traced back
the two are different. If you want to learn more about blockchain, you can read more relevant news.
When we were young, we all played the game of throwing handkerchief. To win in the game, we should not only be quick-sighted, but also know the information at the first time, because the children with handkerchief will walk quickly by us, and then inadvertently throw the handkerchief down. But in the process of throwing handkerchief, we should not only be quick to see, but also know the information, These children will definitely pause behind us. If we can find this pause, we can seize the opportunity to seize this child
the same is true for bitcoin. Many people always think that bitcoin is a process of continuous rise and fall. As long as they buy it at a low price, they can wait for the price of bitcoin to rise. When the price of bitcoin rises to a certain extent, they can get huge wealth by selling the bitcoin in their hands. This idea is really wrong
So I think the principle of bitcoin is similar to that of losing a handkerchief. First of all, we need to know the news and seize the opportunity. Second, we need to know who has the handkerchief. Last but not least, we need to be quick in the process of losing a handkerchief, Every turn is the best time2. The transaction information of bitcoin is recorded in a decentralized ledger, which is called blockchain
3. According to the principle of cryptography, each block is connected in chronological order to form a chain structure, so it is named blockchain.