BTC fuel
Digital money is legal
digital currency itself is legal in China. Digital currency is defined as Internet goods in China, but the relevant supervision is still blank, and digital currency is still in the gray area in China. Well known digital currencies include bitcoin, Leyte coin, Ruitai coin, thousand gold card, dog coin, etc
however, there are also some non developers who use the cover of digital currency to carry out pyramid schemes, such as the Vicat scheme, treasure scheme, Porter scheme and so on
development materials:
digital currency is different from the virtual currency in the virtual world, because it can be used for real goods and services transactions, not limited to online games. The early digital currency (digital gold currency) is a form of electronic currency named after the weight of gold. Today's digital currency, such as bitcoin, lightcoin and ppcoin, is an electronic currency created, issued and circulated by check sum cryptography. It is characterized by the use of P2P peer-to-peer network technology to issue, manage and circulate currency. In theory, it avoids bureaucratic examination and approval, so that everyone has the right to issue currency
Introction
BNB coin an coin [2] is a blockchain currency that has been undervalued by the market since it was issued. In October, the price of BNB was 10 yuan, and 986000bnb was destroyed, accounting for 20%, so the profit converted into US dollars is about 7 million US dollars. In October 2018, the price fluctuated around RMB 57
distribution ratio
1. ICO has issued 100 million BNB to the public, accounting for 50% of the total issuance ratio. It is also carried out on three platforms: coin security official website, renrenico and coin long website
2. Members of the founding team held 80 million bnbs in the early stage, accounting for 40% of the total issuance [2]
3. Well known instry insiders hold 20 million bnbs, accounting for 10% of the total issuance
how to buy coin BNB
you can buy BNB on otcbtc. This platform is the most commonly used trading platform. It feels smooth, safe, reliable and easy to learn to operate. It is suitable for novices to learn first and trade over the counter. Payment is also very convenient, support Alipay, WeChat, bank card payment to buy GXS public credit, BTC, ETH, EOS, USDT, QTUM, BNB, ZEC, BCH, DEW and other digital coins.
value and repurchase mechanism
1. Preferential dection of transaction fees of coin security platform
no matter what kind of token is traded on coin security platform, if the user needs to pay transaction fees and holds enough BNB, the system will discount the fees and convert the equivalent amount of BNB according to the market value at that time, and use BNB to complete the payment of transaction fees. Discount rate 50% 25% 12.5% 6.75% no discount [2]
2. Buy back mechanism:
we will buy back 20% of the net profit of coin an platform in each quarter after the launch of coin an platform. The bought back BNB will be destroyed directly. The buyback record will be published at the first time. Users can query through the block chain browser to ensure transparency until the total number of BNB is 100 million
3. The "fuel" of decentralized trading
in the future, BNB will also be the fuel of the trading platform of coin an's decentralized chain. BNB is needed when using coin an decentralized trading platform. It includes various functions such as dection of service charge and reward.
mining is the use of bitcoin mining machine, which is used to earn bitcoin
one of the ways to get bitcoin is that users download software from personal computer and then run specific algorithm to get corresponding bitcoin after communicating with remote server
bitcoin is a kind of virtual currency. Bitcoin mining system is the process of carrying out mathematical operation for bitcoin network through computer hardware. Miners who provide services can get a reward, because the network reward is calculated according to the tasks completed by miners, so the competition for mining is very fierce
mining is actually a competition of performance and equipment. The mining machine composed of many graphics cards, even if it's only hd6770, can surpass the single graphics card of most users
and this is not the most terrible. Some mining machines are made up of more such graphics card arrays. When dozens or even hundreds of graphics cards come together, the graphics card itself costs money. Considering the hardware price and other costs, there is a considerable expenditure in mining
bitcoin mining process:
1. To find the ore pool
to start mining, there must be a ore pool with convenient operation and stable output. Its function is to subdivide the data packets for each terminal, and pay the corresponding amount of bitcoin according to the proportion of the data packets calculated by the terminal through precise algorithm
2. Download bitcoin miner (software)
in fact, there are many kinds of this miner, you can go to the official website to download
3. Setting mining software is a green software. After installation, we can set the language first to facilitate further setting. Next, you need to set the server, user name, password, equipment and so on. Generally, the server chooses a better network from BTC guide series, and the user name and password are set by ourselves before
4, bitcoin mining start
when we confirm that all settings are correct, click the "start mining" button to start bitcoin mining, and then the graphics card will soon enter the full speed running state, the temperature and fan speed will increase, you can monitor the state through gpu-z or graphics card driver
Although many countries do not recognize the value and status of bitcoin, bitcoin is still popular in recent years, and its existence is controversial. Some people say that it has no practical significance, just a number. If it is not officially recognized by the world, mining is a constant waste of energy. Some people say & lt; No one can be sure whether bitcoin is a black horse or not
in fact, bitcoin is calculated and proced through computer networking, also known as mining. At the beginning, there was a personal computer to dig, but the efficiency was relatively low, and the cost of graphics card was low. Then there was a special bitcoin mining machine, ranging from several hundred to two or three hundred thousand yuan
when we talk about bitcoin, we naturally need blockchain because of the blockchain, bitcoin can become bitcoin. It is a secure general ledger for all payments and transactions. It can be said that everyone can contribute to the update. We need to solve a very complex mathematical problem by brute force& mdash; Hash algorithm to complete a block
many people want to know the value of a bitcoin. In fact, the price of bitcoin is changing all the time. We need to check the figures of that day. At present, the price of a bitcoin is less than 30000
mahjong is the earliest application of blockchain in China:
the idea that a wants to play mahjong is equivalent to creating a block:
a calls to inform B, C and D, which means "decentralization & quot; Point to point transmission of
ABCD has formed a consensus that the touch action is "mining", and four people are "miners"
mahjong is a hash value. The Hu card is to hit the correct hash value and get the corresponding chip reward, which is called bitcoin
each of the four recorded the first round of the game. In the whole blockchain, this is only one node. If 20 mahjong games were played that day, that is, 20 nodes (blocks), and 20 blocks were connected together to form a complete ledger, that is blockchain< According to historical records, China is the world's earliest application group in blockchain, so you can be proud to say that China is more than 1000 years ahead of the world in blockchain application
it's powerful. Our country is [strong] [strong] [strong]
(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.
the soaring price of bitcoin will definitely lead to the increase of energy consumption, because a lot of power resources must be used in the process of bitcoin proction. At present, many Internet cafes have begun to operate like this, which is a great waste of social resources and affects people's ordinary life
I believe there are still more people who pay attention to the price of bitcoin. The price of bitcoin has risen again recently, and the soaring speed is very fast. I think the reason why the price of bitcoin will rise is that there is speculation in the market. Behind the speculation, resources are needed to support it, More power resources flow to bitcoin in the society, so the power resources in the society will be consumed more
First, the proction of bitcoin requires a lot of power resources< p> In fact, we all know that the proction of bitcoin consumes a lot of power resources. If we don't stop it, the consumed power will be obtained from other places. At that time, the power consumption in the society will increase dramatically, and the demand in the society will not keep up with the demand, and the price of power resources will rise , For people's daily life, the cost will become higher{ RRRRR}since the proction of bitcoin consumes so much power resources, the country must regulate it, because the world's resources are very limited, and these resources must be used in the right way, so that people's lives can not be disturbed. At present, people's lives have been disturbed , Therefore, the state must step forward to regulate the proction of bitcoin, otherwise the proction of bitcoin will certainly occupy more resources, which will have a very serious impact on social life and other work
ACC is the local currency of assets, which is the representative of the typical "second token". It is an asset token based on the application of blockchain technology in order to realize the value transfer within the scope of application. ACC is based on the application of digital assets. ACC is used as fuel for the issuance, transfer and voting of digital assets. Its operation mechanism is the balance between currency pool and asset pool, that is, when assets enter the pool, currency will be released. This strict standard system anchored with asset portfolio is a great progress in the application of blockchain.