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BTC splitting

Publish: 2021-03-25 21:27:16
1.

They are:

bitcoin

the concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's ideas, the open source software was designed and released, and the P2P network was built on it. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system

bitcoin cash

bitcoin cash is a new version of bitcoin with different configurations launched by a small number of bitcoin developers

extended data:

virtual currency refers to non real currency. Well known virtual currency, such as network company's network currency, Tencent company's Q currency, Q point, Shanda company's voucher, Sina's Micro currency (used for micro games, Sina reading, etc.), chivalrous Yuanbao (used for chivalrous road game), silver pattern (used for bixue Qingtian game)

the popular digital currencies in 2013 are bitcoin, Leyte coin, infinite coin, quark coin, zeta coin, BBQ coin, pennies (Internet), invisible gold bar, red coin and prime currency. At present, hundreds of digital currencies are issued all over the world. Popular in the circle & quot; The legend of "bitcoin, Wright silver, infinite copper, pennies aluminum"

2. Forking is different from ordinary upgrading. Ordinary upgrading does not affect agreement consensus before and after upgrading, and generally does not need the participation of community consensus or computing consensus. According to the modification of the protocol, bifurcation can be divided into soft bifurcation and hard bifurcation

existing definition:

[lightning definition] hard fork refers to that when the bitcoin block format or transaction format (this is the widely spread "consensus" (should be part of the agreement consensus)) changes, the UN upgraded node refuses to verify the blocks proced by the upgraded node, but the upgraded node can verify the blocks proced by the UN upgraded node, Then we continue the chain that we think is right, so we divide it into two chains< A permanent divergence in the block chain, commonly occurs when non upgraded nodes can't validate blocks created by upgraded nodes that follow new consensus rules, The UN upgraded node can verify the blocks proced by the upgraded node, and the upgraded node can also verify the blocks proced by the UN upgraded node<

a temporary fork in the block chain which commonly occurs when miners using non upgraded nodes vialate a new consensus rule their nodes don't know about.

I don't think we can say which definition is right or wrong. The specific definition can be summed up according to the differences between the two that have been widely agreed in the community, and it doesn't need authority to specify

hard fork: without forward compatibility, the previous version will be unusable and need to be upgraded

soft fork: it has good compatibility, at least some functions of previous versions are available, and can not be upgraded

hard branching: at the level of blockchain, there will be two branching chains, one old chain and one new chain

soft bifurcation: there are no forked chains at the level of blockchain, but only the blocks that make up the chain, including new blocks and old blocks

hard forking: it is necessary to agree with the forking upgrade at a certain time point, and those who do not agree will enter the old chain

soft bifurcation: for quite a long time, it is allowed to continue to use the original version to generate old blocks and coexist with new blocks without upgrading
3. It's almost the same,
it's all investment logic, and then most of it is speculative psychology
the game between makers and retail investors
4. (1) Block time: Thor Chian Raytheon public chain blocks every 5 minutes, BTC bitcoin blocks every 10 minutes
(2) value basis: Thor chain is POW energy consumption + Odin fuel consumption, BTC is POW energy consumption
(3) miner protection mechanism: Thor chain sets Odin computing access, BTC has no miner protection mechanism
(4) mining cost: Raytheon public chain increases with computing power and Odin fuel cost, and BTC increases with computing power
(5) miner access threshold: the Odin computing power binding of Raytheon public chain decreases by 1 / 2 for every 140000 block height, and the BTC remains unchanged.
5. Blockchain is composed of a series of block links generated by cryptographic algorithm, so it is called blockchain
each block is filled with transaction records, and the blocks are connected in sequence to form a chain structure, which is the blockchain ledger
blockchain technology divides the data to be stored in the database into different blocks. Taking bitcoin as an example, when miners generate new blocks, they need to calculate the new hash value and random number according to the hash value of the previous block, the new transaction block and the random number. Each block is linked to the back of the previous block through specific information, and connected in chronological order to present a complete set of data. In other words, each block is generated on the basis of the previous block data, which ensures the uniqueness of the blockchain data
each blockchain database is essentially an event chain connected in chronological order, which uses the cryptographic mechanism specified in the protocol for authentication to ensure that it will not be tampered with or forged. With the popularity of blockchain and bitcoin, many related top domain names have been registered, which has a great impact on the domain name instry.
6. Blockchain is one of the technologies of bitcoin, which can be understood as cloud database.
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