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BTC decentralized financial management

Publish: 2021-03-22 02:00:33
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. Bitcoin is valuable under certain circumstances, but it is worthless under certain circumstances. Because it's not legal tender. It is impossible for any country to get the right to issue legal tender to use any mining machine. Bitcoin is just a virtual number. While it's still possible to change money, change it quickly! It's too late to wait until it's worthless at the end.
3. Nakamoto is the first person to discover bitcoin. Bitcoin is not issued by any institution, and the total amount is only 21 million yuan. The transaction of bitcoin needs the consent of 6 people!
4. Many people may have this kind of confusion. They have some money on hand, and the deposit bank thinks that the profit is too low. They are afraid of insecurity when they want to invest, or they don't know where to start. Search on the Internet, all kinds of investment methods, do not understand do not say, it is not sure that the money into the security. At this time, you can actually consider bitcoin investment
many people must have heard of bitcoin, but most people may still be in a wait-and-see state because they don't understand it. In fact, as a way of investment, bitcoin trading is very easy to start, and it is also very flexible. You only need to buy when the price is right, and you can sell when you think you can. The trading process is very fast, which can be completed in a few minutes, and supports 24-hour trading, so you don't have to wait until the trading day
recently, the central bank has also issued a digital currency DCEP. Compared to DCEP, bitcoin is a centralized virtual currency, which is not directly related to legal tender. Its value is mainly determined by the market, while DCEP is essentially legal tender, and the legal relationship with RMB has 1:1. Its nature is more like the surplus in WeChat and Alipay, and it is the renminbi stored in electronic purse. Although DCEP and bitcoin are still a little different, the issuance of DCEP also shows that the central government is optimistic about the development prospect of digital currency
if you want to start investing in bitcoin, you need to find a suitable platform
many people think that bitcoin trading is very complicated. Do you have to understand English to trade on foreign websites. In fact, it's not. There are many reliable platforms in China, such as okex, which are very well-known internationally. The platform is the first in the world in terms of volume. In terms of interface design, the fluency of the platform is very good, and it's easy for novices to operate
the address of okex is
register in okex | digital currency bitcoin registration | okex
generally, you can open the web version directly through the browser or download the client
before trading, you need to register your own okex account. The registration method is the same as that of ordinary websites. You can register with your own mobile phone or email. Registration does not need a lot of security verification, not because the okex platform does not pay attention to transaction security, but only before the transaction, the system will prompt for all kinds of authentication. According to the different transaction amount, the level of authentication is also different, which is divided into three levels, corresponding to different transaction permissions
after registration, you can buy money. Okex platform supports various types of digital currency transactions, including legal currency transaction, currency transaction and contract transaction. Legal currency transaction is to use legal currency to buy and sell digital currency. Currency transaction is to use one kind of digital currency to settle another kind of digital currency. Contract transaction may be more complicated for beginners. You can try legal currency transaction and currency transaction first, and then learn contract transaction
to buy money, you can click "buy money" in the navigation bar to get to the quick buy money page. Quick buy money supports Ethereum, bitcoin, usdt and other six digital currencies. After selecting "bitcoin", the transaction price of the current bitcoin will be displayed in the buy money bar
enter the amount or quantity you want to buy in the buy currency box, and choose the payment method to pay. The way of payment is Alipay, WeChat and bank card. Now there may be more people who use Alipay or WeChat to pay.
when making payment, take wechat payment as an example, the payment page will display the seller's collection QR code, and the buyer needs to scan the QR code directly for transfer. The transfer must be completed within the transaction time prompted, otherwise the system will close the transaction over time
after payment, don't forget to click "I have completed the transfer, next step" before the seller will release the money
after the transaction is completed, you need to check your account to see if you have received bitcoin.
5. Because bitcoin does not exist in the issuing institutions (bitcoin is extracted from the network), nor does it exist in banks, but directly through a personal to personal transfer.
6. This is not necessarily true. After all, it is a digital cryptocurrency, each of which is separate and not stored on the website.
7. At present, it seems to be more insecure than the bank, whether it is stored on a computer or in a physical wallet, it is not as secure as the bank. Better for hackers to steal.
8. For example, I borrow money from you in a village. Normally, if I am afraid that you will not repay the money, I can find an intermediary recognized by everyone, such as the village head as the guarantor, and sign an IOU. In this way, if you default at that time, I can find an intermediary to prove that you really owe me money, But there are two problems: 1. What if the village head finds out that his long lost son colludes with him to cheat you on money? 2. What if the middleman dies on the spot the next day! This is about trust and security. If the method of blockchain is to provide you with the certificate of the whole village (distributed), so that everyone knows about it and the other party can't default on it. Second, even if a small number of people or village heads deny (some nodes commit crimes) that they have lost the IOU or tampered with the content, there will still be others to make the basis

above, explain the two problems of building owners: 1. Decentralization, because the account book records are not centralized in the hands of each participant, and you will get paid if you save and keep accounts. 2. Since I can get rewards by saving and keeping accounts, can I just keep accounts instead of storing them? If you have a mining pool, you can keep accounts for it and store it for you. In this way, you can still get good rewards. There are only a few mining pools in the world, so they are centralized
9. At present, bitcoin is only a small-scale large-scale experiment of socialization, which has not been widely recognized. Most countries in the world adopt a cold attitude towards bitcoin, and the future of bitcoin is not clear. The Shanzhai currency, which replaces bitcoin, may be the future currency and can be recognized by the majority of the world

however, bitcoin is still the most popular decentralized virtual currency so far, but no one can guarantee that it will always be in this position. Now there are some alternative currencies inspired by bitcoin. However, a more reasonable assumption is that the new currency needs significant improvements to replace bitcoin in the established market. Of course, these are still unpredictable. Without changing the basic composition of the protocol, bitcoin may also adopt some measures to improve the competitive currency

I feel that Shanzhai currency can only occupy some bitcoin markets, but it can not replace bitcoin. For example, dog money has seized the charity and small reward market; Fuyuan currency seized the market of commercial integral system; Diablo has taken over the geek market (better sex) and so on.
10. For more technical overview of betterhash protocol currently under development, it should be enough to see the speech of Matt Corallo. It is unnecessary to understand the problem of reprinting the theory of self fighting game network in this paper, because Conceptually speaking, betterhash is better objectively, and it does not need a complete code implementation to understand how important it is.
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