The wonder of bitcoin
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 specific currency institutions. It is generated by a large number of calculations based on specific algorithms. Bitcoin economy uses the distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses the design of cryptography to ensure the security of all aspects of currency circulation
extended data:
bitcoin network generates new bitcoin through "mining". In essence, the so-called "mining" is to use computers to solve a complex mathematical problem to ensure the consistency of bitcoin network distributed accounting system
to mine bitcoin, you can download the special bitcoin computing tools, register various cooperation websites, fill the registered user name and password into the computing program, and then click the operation to officially start
the bitcoin network is robust, but the bitcoin trading platform is fragile. Trading platform is usually a website, which will be attacked by hackers or shut down by competent authorities
warm tips: according to the notice and announcement issued by the people's Bank of China and other departments, virtual currency is not issued by the monetary authority, does not have legal compensation and mandatory monetary attributes, is not a real currency, does not have the same legal status as currency, and cannot and should not be used as currency in the market, Citizens' investment and transaction of virtual currency are not protected by law
the above explanation is for reference only. Before investing, it is recommended that you first understand the risks existing in the project, and clearly understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market
investors should not use such information to replace their independent judgment or make decisions only based on such information, which does not constitute any investment operation
response time: January 12, 2021. Please refer to the official website of Ping An Bank for the latest business changes
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(1) Bitcoin was originally a kind of network virtual currency to buy real-life goods
(2) advantages:
< UL >completely decentralized, without issuing institutions, it is impossible to manipulate the number of issues
anonymity, tax exemption and supervision free
robustness. Bitcoin is completely dependent on P2P network and has no distribution center, so it cannot be shut down externally
cross border
it's difficult for the cat to survive
(3) disadvantages:
< UL >the vulnerability of trading platform
transaction confirmation takes a long time
the price fluctuates greatly
the public did not understand the principle, and the traditional financial practitioners resisted
in 2009, Nakamoto designed a kind of digital currency, namely bitcoin. The booming bitcoin market has gone up and down, and the identity of its founder "Nakamoto" has always been a mystery. Rumors about "the father of bitcoin" involve from the US National Security Agency to financial experts, and also give bitcoin a mysterious aura
on January 7, 2014, Taobao announced that it would ban the sale of Internet virtual currencies such as bitcoin and lightcoin from January 14. On February 26, 2014, Democratic Senator Joe Manchin of West Virginia issued an open letter to a number of regulatory authorities of the federal government of the United States, hoping that relevant institutions would pay attention to the status quo of bitcoin encouraging illegal activities and disrupting the financial order, and demanded that actions be taken as soon as possible to completely ban the electronic currency. On January 11, 2017), the Shanghai headquarters of the people's Bank of China and the Shanghai Municipal Finance Office carried out on-site inspection of bitcoin China, focusing on whether the enterprise carried out credit, payment, exchange and other related businesses without permission or license; Implementation of anti money laundering system; Fund security risks, etc. On January 12, 2017, the business management department of the people's Bank of China also entered the trading platforms such as "fire coin net" and "currency bank" in Beijing
on May 12, 2017, a global outbreak of bitcoin virus madly attacked public and commercial systems! More than 40 hospitals across the UK have been widely hacked, leaving the NHS in chaos. The campus networks of many colleges and universities in China were also occupied. Nearly 74 countries in the world have been seriously attacked
currency characteristics
Decentralization: bitcoin is the first distributed virtual currency, and the whole network is composed of users without a central bank. Decentralization is the guarantee of bitcoin's security and freedom
Global Circulation: bitcoin can be managed on any computer connected to the Internet. No matter where you are, anyone can dig, buy, sell or collect bitcoin
exclusive ownership: the private key is required to manipulate bitcoin, which can be stored in any storage medium in isolation. No one can get it except the user himself
low transaction cost: bitcoin can be remitted free of charge, but a transaction fee of about 1 bitfen will be charged for each transaction to ensure faster transaction execution
no hidden cost: as a means of payment from a to B, bitcoin has no cumbersome quota and proceres. If you know the other party's bitcoin address, you can pay
cross platform Mining: users can explore the computing power of different hardware on many platforms
advantages
complete decentralization, without issuing institutions, it is impossible to manipulate the number of issues. Its distribution and circulation are realized through open-source P2P algorithm. Anonymity, tax exemption and supervision free. Robustness. Bitcoin is completely dependent on P2P network and has no distribution center, so it cannot be shut down externally. Bitcoin price may fluctuate and collapse, and many governments may declare it illegal, but bitcoin and its huge P2P network will not disappear
cross border. Cross border remittance will go through layers of exchange control agencies, and the transaction records will be recorded by many parties. But if you trade with bitcoin, enter the digital address directly, click the mouse and wait for the P2P network to confirm the transaction, a lot of money will pass. It does not go through any regulatory agencies and will not leave any cross-border transaction records. It's hard for a cat to survive. Because bitcoin algorithm is completely open source, anyone can download the source code, modify some parameters, recompile, and create a new P2P currency. But these counterfeit currencies are fragile and vulnerable to 51% attacks. Any indivial or organization, as long as it controls 51% of the computing power of a P2P currency network, can manipulate transactions and currency value at will, which will be a devastating blow to P2P currency. Many Shanzhai coins die in this link. The bitcoin network is robust enough. If you want to control 51% of the computing power of the bitcoin network, the number of CPUs / GPUs required will be astronomical
disadvantages
vulnerability of trading platform. The bitcoin network is robust, but the bitcoin trading platform is fragile. Trading platform is usually a website, which will be attacked by hackers or shut down by competent authorities. Transaction confirmation takes a long time. When bitcoin wallet is first installed, it will consume a lot of time to download historical transaction data blocks. While bitcoin transaction, in order to confirm the accuracy of data, it will take some time to interact with P2P network, and the transaction will be completed only after the whole network is confirmed
the price fluctuates greatly. Due to the intervention of a large number of speculators, the price of bitcoin for cash fluctuates like a roller coaster. Making bitcoin more suitable for speculation rather than anonymous trading. The public did not understand the principle, and the traditional financial practitioners resisted. Active netizens understand the principle of P2P network and know that bitcoin has no legal person to manipulate and control. But the public doesn't understand, and many people can't even tell the difference between bitcoin and q-coin“ "No issuer" is the advantage of bitcoin, but in the view of traditional financial practitioners, "no issuer" currency is worthless.
There is a very good answer, the invasion and deletion
cryptoclones is a digital and collectable blockchain game based on Ethereum blockchain. Using ether money to adopt clowns can be resold, and they can also be used to breed a new generation of clowns with strange shapes. They can also be cultivated to work and earn money, which makes the digital collection of clowns more sustainable and playable< There are two kinds of proction mechanism of clowns, one is official proction, the other is breeding proction between two clowns
one official clown is proced every 15 minutes, and the total number is only 50000. At certain times, the official will also release some strange clowns with special shapes. The price of the original clown is the average of the prices of the last five clowns in the market
two clowns of different genders can reproce in the breeding center of the market. In each breeding pair, one clown who plays the role of father can receive the breeding fee paid by the other party (maternal Master). After breeding, there is a certain recovery period, which is related to the clown's genes. The clown in the role of mother will have a period of pregnancy, and she will not be able to breed with other clowns until she gives birth to her baby. There is no limit to the number of breeding times of each etheric clown, but the recovery period and pregnancy period will increase with the number of breeding times< Each clown's appearance is determined by the tamperable genes stored in the smart contract, and each gene is unique, so each clown is unique
the appearance of a clown is composed of eight parts, each part of which can be divided into ordinary and rare attributes. The number of rare attributes is less than that of ordinary attributes, which makes the clown with rare attributes more precious
the appearance of a clown born in breeding is closely related to his parents and the genetic genes carried by his parents. The offspring have a high probability of inheriting the shape of some parts of his parents, so that their parents' good genes can be inherited, and it is possible to mutate and become a completely different clown from his parents
3. Clown trading
etheric clown can be directly used for trading
sell: users can choose clowns to be auctioned in the market, and they can sell their own clowns. When selling, users need to set the highest starting price, the lowest acceptance price and the auction time. The Dutch auction is adopted in the auction. During the auction time, the highest price set by the seller is graally transferred to the lowest price. If the owner is not willing to sell at a low price, a longer auction time can be set or the clown can be sold off the shelves
buy: the buyer selects the clown on sale in the market and pays ether to buy the clown he likes. When the buyer purchases, the transaction will be concluded at the auction price at the current time point. If you have a favorite clown, but feel that the price is not suitable for the time being, and want to pay more attention, you can collect the clown after you like it. Later, we can understand the dynamic of the clown through "my attention"< There are four kinds of clown attribute values: growth value, strength value, agility value and wisdom value. Generation 0 clowns get the value of each attribute randomly, and the non generation 0 clowns are mainly inherited
attribute values can be changed by eating food
after the clown's growth value reaches the requirement (100 points), he can go to the factory to earn money (ETH). Different kinds of factories need different clowns. Dream college needs the wisdom of every working clown. Clowns with more than 800 points of wisdom go to Dream Academy of Sciences to work, and their income can get bonus. If a clown with less than 300 wisdom goes to work, his income will be reced to
a part-time job will consume physical strength. The total physical strength is 120 points. It consumes 1 point every 12 minutes and can work up to 24 hours. During the period of not working, physical strength can be recovered, a little every 8 minutes
when the time reaches 0 o'clock or the clown's physical exertion is completed, the clown's work income will be settled according to the actual working hours at 0 o'clock every day. When every 12 minutes is a work, less than 12 minutes will not be counted
5. Clown food and feeding
owners can buy spinach, beef, carrots, walnuts and other food through the mall to feed clown pets
the price of food is related to the selling price of original clowns on the platform the day before. So the owners can hoard some food when the price of food is low
feeding spinach is helpful to growth value, beef corresponds to clown pet's strength value, carrot corresponds to agility, walnut corresponds to wisdom
the clown can only eat one food a day. We suggest that spinach should be fed in the early stage to meet the working conditions as soon as possible, and then according to the natural properties of clown in the later stage. When working, choose the type of factory with the highest attributes to work
Web links
Light cone LCC and Guangzhou police identified as suspected of fraud and MLM
many people who participate in the speculation do not know the real meaning of blockchain, which will not affect their speculation at all. "30% revenue in a stable month"
"you can make money by lying down" is the understanding of blockchain. However, the deep connection with wealth speculation also makes the blockchain graally become a tool for pyramid schemes and Ponzi schemes
the Tianhe District police of Guangzhou City have detained three persons involved in LCC for suspected fraud. The number of investors in LCC and its derivative "digital currencies" is about 50000 to 80000, and the total amount of capital involved may be as high as 4.9 billion yuan
"old routine" put on the "new vest" of blockchain, and immediately became a shortcut to realize "financial freedom", which is actually just a scam. Wang Lijie, a well-known investor and founding partner of preangel venture capital fund, made a surprising remark at a wechat sharing meeting in March this year: "at present, 90% of blockchain procts are Ponzi schemes."
light cone LCC, formerly known as film and Television Cultural digital asset (FCC), claims to combine the blockchain 4.0 Technology launched by bitcoin, lightcoin and Ethereum to create the world's first film and television digital blockchain. FCC's strategic partner is Shenzhen Tianyi Jiahe film media Co., Ltd. according to the company's official website, LCC's mainland strategic partner is San group, which was established in 2014 This paper is transferred from the official website of fraud prevention big data: fpdata)
LCC, which claims that the initial issue of 6 million pieces, clearly states that its revenue model is "double compound interest every day", that the holder "increases by holding
(daily compound interest) 1 ‰ - 3 ‰ every day", and "takes 30% of the daily output of the sharer", and "takes the total holding of 6 generations 1 ‰ - 3 ‰". LCC claims that "unilateral rise, only rise but not fall". In a short time, LCC has swept across the country, with tens of thousands of members
Wang Jingjing, a businessman who lives in Zhengzhou, Henan Province, was drawn into the "Tianyi Jiahe Henan group" by her neighbor Kang Yu in 2017. After witnessing that other members of the group made money by buying and selling LCC coins, she did not believe that there would be pie in the sky, and finally moved
at first, Wang Jingjing bought 3500 light cone LCC coins from Kang Yu at the price of 7.48 yuan each, and sold them to qunyou at the price of 11.15 yuan each at the end of the month. After a rough calculation, we made about 6000 yuan in less than a month, excluding the 10% handling charge
however, when Wang Jingjing and other neighbors came in again and spent more than 200000 yuan to buy LCC in batches, the crisis came unexpectedly. On March 13, the price of LCC reached 58.53 yuan per piece. On the same day, optical cone international technology R & D team issued a system notice saying that it was continuously attacked by data overflow and denial of service from external organizations and needed to upgrade the trading platform. Therefore, LCC trading was suspended
since then, LCC trading has not been restarted. During this period, although the news of re opening has been heard for many times, and there are measures to exchange LCC for jewelry chain (Platonic currency), investors' doubts are growing. In May, investors from all over the country began to rush to Guangzhou and Shenzhen to look for high-level personnel of Tianyi Jiahe to ask for investment funds, and then the case happened
in the middle of June, the police officers in Guangzhou said in an interview with media reporters that the current situation of the case is not clear, and whether the LCC operation mode is pyramid selling or fraud remains to be determined after in-depth investigation
at the end of March 2018, Shenzhen police cracked a huge fund-raising fraud case, and thousands of investors were cheated with 307 million yuan. In this case, Shenzhen Puyin blockchain Group Co., Ltd. involved in the case issued virtual currency in the mode of "blockchain + Tibetan tea" to obtain public deposits
2017, the Nanshan District police in Shenzhen reported to the masses that there was an illegal fund raising situation in Shenzhen Puyin block chain Group Co. Ltd., and thousands of people bought the virtual currency "Puer coin" issued by the company (later renamed "universal silver coin"), and then invested into a bubble. The police immediately set up a special team to investigate
ring the investigation, the police of the special group found that the company announced through the Internet, social software and other platforms that the "common silver coin" released by the company is a virtual currency with a large amount of Tibetan tea as collateral, and each "common silver coin" held by the investor has the equivalent physical Tibetan tea as collateral, Investors can buy and sell "ordinary silver coins" on the virtual trading platform "jucoin net" to earn a price difference
however, after investigation, the police found that the change of its purchase and sale price was e to the company's behind the scenes operation using the investment funds of investors, and once raised the price of "ordinary silver coin" from 0.5 yuan to 10 yuan, while the company illegally absorbed public funds through the P2P platform of "quqian.com"
blockchain has also graally become the "popular target" of some pyramid schemes. In April this year, Xi'an police cracked a huge online pyramid selling case under the guise of "blockchain", involving funds of more than 86 million yuan
learned that one belt, one road, is under the banner of "block chain". With the help of Xi'an as the "important city of" one area and one important node, the pyramid selling and pyramid selling are used as the means to sell the virtual Datang coins at the "consumption era" (DBTC) network platform at the price of 3 yuan each. p>
different from the previous MLM organizations, the organization did not choose to hide in the community, but set its office in a luxurious and elegant office building, and continued to publicize on the online audio platform. In addition, the Gang also spent 30000 yuan to invite foreign men to be the chairman of its company, so as to build itself into a "high-tech multinational enterprise" with foreign investment background to expand its influence
in fact, such cases as "Datang coin", which are called "virtual currency" and are actually pyramid schemes, have appeared as early as a few years ago, but now they are accelerating the outbreak with the help of blockchain
As early as 2015, Zhou yunhuang, the legal representative of Fujian Baichuan coin Network Technology Co., Ltd., established a pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramidin November 2016, Guangdong police cracked the case of illegal pyramid selling of "star coin". According to the public information, the organization group took the number of development personnel as the condition of commission rebate, lured its members to continue to develop layer upon layer through "star coin", and other people participated in it. In four months, it absorbed more than 160000 members from 31 provinces (autonomous regions and municipalities) in China, involving nearly 200 million yuan
in September 2017, the "Eurasian currency" pyramid scheme case cracked by Haikou police in Hainan Province also belongs to the same type. In just one year, the Eurasian currency fraud attracted more than 40000 participants and absorbed more than 4 billion yuan
similar "virtual currency" pyramid schemes are still on, and you can find a lot of relevant information by searching the Internet. In these scams, some money issuing companies close down and run away after a few months, leaving victims with no way to safeguard their rights; Some coin issuing companies were seized by the police and the organizers were arrested