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BTC network value

Publish: 2021-05-26 23:33:19
1. The concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. 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
unlike all currencies, bitcoin does not rely on a specific currency institution to issue. It is generated by a large number of calculations based on a specific algorithm. 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

according to the notice on preventing the financing risk of token issuance, there is no approved digital currency trading platform in China. According to China's digital currency regulatory framework, investors have the freedom to participate in digital currency transactions at their own risk

warm tips: the above information is for reference only. Before investing, it is recommended that you first understand the risks existing in the project, and understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market. Investment is risky, so we should be cautious when entering the market
response time: December 28, 2020. Please refer to the official website of Ping An Bank for the latest business changes
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2. Among the top ten digital currencies listed by the Wall Street organization fundstrat, BCH ranks first. Therefore, BCH has more investment value, flexibility and innovation
it is reported that Microsoft has accepted bitcoin cash deposit and zero confirmation instant payment, and there is no transfer fee for bitcoin cash recharge, which is different from the 1.2% transfer fee for bitcoin recharge. Another interesting phenomenon is that Microsoft has put BTC and BCH payment options on the "bitcoin" option on its website. Companies such as tor browser, overstock.com and eff also gave the same answer. The outside world holds a neutral attitude towards who is the real bitcoin. Let users choose for themselves and they will give the right answer
"a hundred legged insects, die but not stiff" is the most appropriate word to use in bitcoin. Bitcoin has been preconceived and has great influence in the society. In the short term, it is a mountain that is difficult to surpass. However, users will give the best choice according to their experience. As time goes on, BCH has low service charge, low cost and low cost The advantages of convenient payment will graally be recognized. At that time, Nokia used to be the dominant mobile market. At the peak of 2010, its market share was as high as 35%. When it was prosperous, it would decline. Because of its complacency, Nokia lost touch with the smartphone market and was acquired by Microsoft only three years later. It will take time to see whether bitcoin will follow Nokia's footsteps, but whether bitcoin cash can become a rising star is self-evident.
3.

The original intention of Nakamoto's design of bitcoin is to build a point-to-point trading network that is decentralized, transaction information can not be tampered with, and the total amount of money is constant, so as to solve the problems of excessive issuance of legal currency and inflation

this is the value of bitcoin's initial design, to keep the purchasing power of money

But later, the development of bitcoin went against Nakamoto's idea. In the past nine years, the price of bitcoin soared by millions of times, creating countless myths of sudden wealth and driving another instry mining

the value of bitcoin has become a tool for "sudden wealth". More and more people join the bitcoin network, hoping to achieve financial freedom. Digital cryptocurrencies such as bitcoin have become investment procts, like diamonds or gold

by purchasing bitcoin, people can achieve the purpose of wealth appreciation and asset preservation in many troubled areas. At the same time, many people make use of the fluctuation of bitcoin price to speculate, such as moving bricks, making bands and so on

another important value of bitcoin can not be ignored is blockchain, the underlying technology of bitcoin. Because of the popularity of bitcoin, many companies and indivials begin to pay attention to blockchain, and constantly try to use blockchain technology to change the existing business and create new value. It is with the help of bitcoin that blockchain has achieved such rapid development

bitcoin is also a great social experiment for all mankind, which promotes the reform of the financial instry and gives many original things a new perspective

4. In essence, bitcoin is just a piece of computer software. For most people, it's just a pile of code that they can't understand. It's almost impossible to see its value
the most familiar and easy to understand is Bill Gates and his Microsoft Windows operating system. Windows has entered into thousands of households and instries. People have improved proctivity and created great value through this computer program. As a result, Microsoft even once became the company with the highest market value in the world
What about bitcoin, also a software with high "value"“ In fact, many people want to know what kind of value bitcoin brings to people and things, thus supporting the consensus on bitcoin and steadily boosting its market value to more than 1 trillion< Miners and other participants in mining ecology
to put it simply, bitcoin mining machine is a machine that keeps making profits for miners. It can lay eggs like a chicken and proce value, and even go to the road of ten billion rich. This is the value of bitcoin for miners, mining airport operators, mining pools (service providers) and other people who participate in the upstream and downstream of mining ecology. Miners are the most important participants for bitcoin, and for miners, the miner that can proce bitcoin is a "hen" that can lay golden eggs. Although the journey of mining is not as simple as expected, and it's really a bit like opening a "chicken farm", which needs to provide all kinds of suitable environment, maintenance and "food" (energy) transportation to successfully proce "golden eggs" for profit, the miners are attracted by the benefit distribution mechanism of bitcoin, and new miners are constantly joining in

2. User
the full name of bitcoin system is a peer-to-peer e-cash system, so for users, it can be used to initiate transfer transactions. So why use it to transfer money? To put it bluntly, it means saving time, effort and money. Bitcoin does not need to transit through banks, third-party payment companies and so on to reach the other party's account directly, which eliminates the processing time, operation manpower and fees of third-party institutions. The fees collected by banks and other financial institutions through financial services can show how huge the fees are. In fact, many people don't understand the concept of the third-party guarantee agency very well. Most of the time, we transfer money for free, because in the credit society, small amount transfer is completed through the credit line between different financial institutions, which is not a real transfer

3. Savers and speculators
because bitcoin has value in use, and has many high-quality characteristics, especially like gold, and some of its characteristics are better than gold. It also has the function of "partial" risk aversion and value saving like gold, so it is graally regarded as gold, an international hard currency, and began to be hoarded by many people

4. People in poor and backward or "turbulent" areas
e to the low transfer cost and short time required by bitcoin. In many poor and backward countries, there is no need to build expensive network infrastructure to transfer money through encrypted network. Bitcoin's infrastructure is built by miners all over the world, which does not need the burden of poor countries' governments. There is no intermediate cost for payment and payment of salaries, which can save a lot of money< There are many such corners in the world, which are remote but rich in mineral resources or natural resources such as water conservancy and wind power. For example, there are many coal mines in some areas, but e to the high transportation cost, they can not be transported out. At the same time, e to the lack of people, the power generated by thermal power, hydropower stations and wind farms built in these areas is very surplus, and the economy of these areas is often relatively backward. At this time, they need and welcome miners to settle in. Miners not only bring a lot of jobs, but also convert the local surplus energy into power resources, and then generate a lot of income through bitcoin mining. This is actually equivalent to storing the energy value that might have been surplus and wasted through bitcoin network, and then paying the local government and people through electricity charges, Drive the local economy<

the Xueshuo innovation blockchain Technology Workstation of Lianqiao ecation online is the only approved "blockchain Technology Specialty" pilot workstation of "smart learning workshop 2020 Xueshuo innovation workstation" launched by the school planning, construction and development center of the Ministry of ecation of China. Based on providing diversified growth paths for students, the professional station promotes the reform of the training mode of the combination of professional degree research, proction, learning and research, and constructs the applied and compound talent training system.
5. Mining and medicine are almost the same, depending on your fwq status
a single new server has the advantage of collecting herbs, which consumes a lot of water for reclaiming wasteland, and the inscriptions also use herbs
6. The general idea of "fragmentation" is to change each block in the blockchain network into a sub blockchain, in which several (currently 100) collations (which can be called "check blocks", in order to distinguish them from the concept of blocks in the scenario of fragmentation) packed with transaction data can be accommodated, and these collations finally form a block on the main chain; Because these collations exist as blocks as a whole, their data must be packaged and generated by a specific miner, which is essentially the same as the blocks in the existing protocol, so there is no need to add additional network confirmation. In this way, the trading capacity of each block will be expanded about 100 times; And this kind of design is also concive to future expansion. At present, the whole expansion plan is roughly divided into four stages; This article only introces the implementation details of the first phase. Transferred from Jianshu. Currency exchange of digital currency
7. Tianlong spirit, set three functions in one, automatic planting, automatic play strange, automatic business. Fully adapt to any window, use the process can be moved to adjust the size of the window
Tianlong genie is a script program made by key Genie 8. X
[function description]
Tianlong spirit, automatic planting, automatic strange fighting, automatic business running
[instructions for use]
for detailed setting instructions and version update download, please see

auto mining start key Ctrl + Shift + home
note that it is better to keep a window size when starting this script
changing the window size will change the acquisition point
upload and download 6 minutes ago (25.14 KB)
collection settings
after the start of mining and mining
after the start of mining, only mining is needed
after the start-up of mining, only mining without mining
F10 stealth
No, not used
you need to put the stealth skill in the F10 column. After you find the collection, you will hide first and then collect it
F9 plus red
No, not used
Qingxin is suitable for the Qingxin and Chongxu of Emei
red medicine is suitable for medicine and symbiosis
Red percentage%
according to the percentage of blood strips, if it is lower than this value, red will be added< No, do not use it
red medicine is suitable for adding blue medicine
percentage of adding Blue%
according to the proportion of blue bars, if it is lower than this value, add blue
Q fishing coordinate points are separated
enter the coordinates that can be fished on the current collection map, and when the collection has no energy, it will automatically go fishing to hang energy< The first time you start the automatic mining system, a window will appear, as shown in the figure:
upload and download 15 hours ago (4.47 KB)
after you confirm, the big map will be opened automatically. At this time, you can right-click 20 acquisition points on the map in order. Click the script of 20 collection points to start the collection
when you start again, the following window will appear. You can choose whether to relocate. If it is in the same map, the same window size can keep the original acquisition point
upload and download 15 hours ago (5.05 KB)
8. Is it money? Did the recommender inform the recommender of the risk that I would break the law? Hello, this. This should not be against the law.
9. Four thousand dollars
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