Huawei digital currency
the first application of blockchain is bitcoin, and many countries have recognized the legal status of bitcoin. There is no bitcoin organization or the world central bank in the world to issue bitcoin. It relies on Algorithms for credit, an account book and a fair mechanism for testing algorithms and ensuring circulation. It has developed a mechanism that everyone believes in each other. This is the principle of its self-confidence
now people's concept of blockchain is still very general, and its application is not very wide, but in the next decade or even decades, when we talk about blockchain again, it will definitely be the most high-end technology influence, known to all ages!
when ordinary people don't understand the relationship between bitcoin and them, technical experts and financial experts have been arguing about the value of bitcoin and the advantages of digital cryptocurrency over existing payment systems. But none of this is important for understanding bitcoin
the only thing you need to know is that bitcoin is just another form of money, that's all.
Blockchain is a term in the field of information technology. In essence, it is a shared database. The data or information stored in it is characterized by "unforgeability", "trace in the whole process", "traceability", "openness and transparency" and "collective maintenance"
based on these characteristics, blockchain technology has laid a solid "trust" foundation, created a reliable "cooperation" mechanism, and has broad application prospects. Bitcoin is a form of blockchain
extended materials
to mine bitcoin, you can download special bitcoin computing tools, register various cooperative websites, fill the registered user name and password into the computing program, and then click the operation to officially start. After completing the installation of bitcoin client, you can directly obtain a bitcoin address. When others pay, you only need to paste the address to others, and you can pay through the same client
after installing the bitcoin client, it will assign a private key and a public key. You need to back up the wallet data containing your private key to ensure that your property is not lost. Unfortunately, if the hard disk is completely formatted, personal bitcoin will be completely lost<
source: network blockchain
blockchain is a technology, based on which there are many applications.
bitcoin is one of the most popular and well-known applications.
Second, what is the essence of blockchain technology
blockchain is essentially a decentralized distributed ledger database. Does it sound like a trap? Don't worry, we will explain it in the most profound and simple way. Anyone can check the public ledger, but there is no single user who can control it. Participants in the blockchain system will jointly maintain the updating of the ledger: it can only be modified according to strict rules and consensus, which has a very subtle design behind it.
at this stage, you are cleaning up the illegal and cheating accounts. If you exit, you will dect the money you g in one cycle. Exit cautiously
if there is no response, you can restart the phone, switch to 4G and try again. After logging in to other mobile phones, the previous account will be forced offline.