What is the meaning of miner in blockchain
In 2009, bencong invented bitcoin, and set that there are only 21 million bitcoins. By participating in the proction of blocks and providing proof of work (POW), he can get the reward of bitcoin network. This process is mining
the concept of "mining" comes from the existing concepts in our real economic life, such as gold mining and silver mining. Because minerals are valuable, it drives people to pay labor to dig
another important point of bitcoin mining is that the miners who participate in mining recognize the value of bitcoin, and some of them are willing to spend money in the bitcoin market. Therefore, the mining of bitcoin is meaningful
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currency characteristics of bitcoin
1, decentralized
bitcoin is the first distributed virtual currency, and the whole network is composed of users without central bank. Decentralization is the guarantee of bitcoin's security and freedom
2, bitcoin can be managed on any computer connected to the Internet. No matter where you are, anyone can dig, buy, sell or collect bitcoin
3, exclusive ownership
controlling bitcoin requires a private key, which can be stored in any storage medium in isolation. No one can get it except the user himself
4, low transaction cost
bitcoin can be remitted free of charge, but in the end, about 1 bitfen transaction fee will be charged for each transaction to ensure faster transaction execution
5, no hidden cost
as a means of payment from a to B, bitcoin has no cumbersome limit of quota and proceres. If you know the other party's bitcoin address, you can pay
6, cross platform mining
users can explore the computing power of different hardware on many platforms
for example, bitcoin was invented by Zhongben Cong in 2009, and the total number of bitcoin was only 21 million. By participating in the proction of blocks and providing proof of work (POW), we can get the reward of bitcoin network. Mining is the process of packaging and confirming the transactions in the bitcoin system over a period of time, and then recording them on the block
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what is moving bricks
when it comes to "moving bricks", you will think of migrant workers or various online jokes, but today we only discuss "moving bricks" in the blockchain market
to describe "moving bricks" in vernacular is to make profits by using the price difference between different exchanges. The same currency has different prices in different markets. Buy it in a cheaper place and sell it in a more expensive place. The middle price difference is your profit
for example, the price of bitcoin BTC is $4000 on exchange a and $4100 on exchange B. after a buys BTC, it can be sold to B and each one can earn $100. This process is called "moving bricks"
Wei Liang
Xiao tianruo
Le Xiaomi
Yang QIANZI
Ju Wenling
man Shufei Er
these post bars are good, you can see their articles when you go to the boutique area
Xiaoyi is a decentralized network protocol based on blockchain technology, which digitizes the assets and interests of the physical world, and carries out financial business such as registration and issuance, transfer transaction, clearing and delivery through point-to-point network. The community operation officer or technical reserve cadre who can contact Xiaoyi is different from the blockchain concentric mutual aid platform. Theoretically, Xiaoyi can be used in equity crowdfunding, P2P online lending, digital asset management, intelligent contract and other fields. Xiaoyi uses blockchain technology to complete the asset registration, transfer transaction, clearing and delivery. By digitizing the assets, the property rights of any entity assets become programmable. Through the atomic level transaction and real-time delivery characteristics of blockchain technology, the operating cost and ecological chain of securities transaction are greatly reced. Today, Xiaoyi officially met with the public. In the official website officially online at the same time, small ant also want to understand the user seriously prepared a white paper, detailed description of the small ant technology implementation scheme logic.. Xiaoyi is an open source system. It follows the MIT Kaiyuan protocol. If you are interested, you can download, or modify it on GitHub to generate a new version.