Is bitcoin air currency

bitelement was born in January 2014 and upgraded to the second generation bitelement in September 2014, with an initial total release of 200 million. The second generation bitelement has made great innovations in algorithm, function and security, especially in mining and trading under the mechanism of multi signature and short message verification, providing effective security protection for users' virtual currency assets, which may be the first in the world<

multi signature:
the new bitcoin wallet introces the multi signature mechanism of bitcoin and redefines a new storage method, so as to achieve a higher security level. This is the core content of this update wallet, which makes payment and mining very safe

under the multi signature mechanism, a bit element address has two private keys. To transfer money from this address, the two private keys need to be co signed before the transaction can be completed. There is a private key in the client's bitelement wallet, and the second private key is stored in the server of bitelement official website (or other trusteeship organization) (only the user's password can be decrypted and can be used only by SMS verification). The hacker must attack the two computers at the same time and obtain the password used by the user to decrypt the server's private key, so as to steal the user's virtual currency, The difficulty is greatly increased

bitcoin (bitcoin: bitcoin) is a kind of network virtual currency, which can buy real-life goods. It is characterized by decentralization, anonymity, and can only be used in the digital world. It does not belong to any country or financial institution, and is not subject to geographical restrictions. It can be exchanged anywhere in the world. Therefore, it is used as a money laundering tool by some criminals< br />