Letcoin 2017 forecast
BTC, usdt, ETH, BCH, LTC mean respectively:
1, BTC
bitcoin. The concept was first proposed by Nakamoto in 2009. According to Nakamoto's idea, the open source software is designed and released, and the P2P network is built on it. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system
2, usdt
TEDA currency is a virtual currency that links cryptocurrency with legal currency US dollar, and is a virtual currency kept in foreign exchange reserve account and supported by legal currency
EthEthereum is an open source public blockchain platform with intelligent contract function, which provides decentralized Ethereum virtual machine to process point-to-point contract through its special cryptocurrency ether
4. BCH
bitcoin cash is a new version of bitcoin with different configurations launched by a small number of bitcoin developers
at 20:20 on August 1, 2017, bitcoin cash starts mining, and each bitcoin investor's account will have the same amount of bitcoin cash (BCH)
5, LTC
litecoin, abbreviated as LTC, currency symbol: & # 321;; It is a kind of network currency based on "peer-to-peer" technology. It is also an open source software project under MIT / X11 license. It can help users make instant payments to anyone in the world
source of reference: network bitcoin
source of reference: network TEDA coin
source of reference: network Ethereum
source of reference: network bitcoin cash
source of reference: network letcoin
source of reference: Network
bitcoin is an e-money payment system based on the global network
bitcoin is an e-money system based on the global decentralized network system, without the participation of central banks and third-party institutions, with a fixed total amount. Bitcoin has the characteristics of payment system and currency at the same time. Global network nodes are maintaining the bitcoin network all day<
English: bitcoin currency symbol: abbreviation: BTC or XBT
Introction to bitcoin by wiki
different from traditional currency, bitcoin's operation mechanism does not rely on the support or credit guarantee of central bank, government and enterprise, but on the network agreement reached with seed files in the network, which is a decentralized and self-improvement monetary system, Theoretically, it ensures that no one, institution or government can control the total amount of bitcoin or create inflation. Its total amount of money graally increased at the designed rate, and the increase rate graally slowed down, and finally reached the limit of 21 million in 2140<
Introction to bitcoin in network
bitcoin is based on a set of cipher codes and generated by complex algorithms. This rule is not interfered by any indivial or organization and is decentralized; Anyone can download and run the bitcoin client to participate in the proction of bitcoin; Bitcoin uses electronic signature to realize circulation, and checks repeated consumption through P2P distributed network. The generation and consumption of each bitcoin will be recorded through the P2P distributed network and informed to the whole network. There is no possibility of forgery. Bitcoin does not rely on specific currency institutions to issue, it is generated through a large number of calculations of specific algorithms. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction<
Introction to bitcoin in interactive network
bitcoin is an electronic currency proced by open source P2P software. Bitcoin does not rely on specific currency institutions to issue, it is generated through a large number of calculations of specific algorithms. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction<
the difference between bitcoin and bitcoin
it should be noted that
in English, the words bitcoin and bitcoin represent two concepts of payment network and monetary unit
bitcoin starting with capital B represents bitcoin network system or bitcoin network protocol, which is a payment system based on decentralized network
you can simply understand bitcoin as a public accounting system built on the Internet and not manipulated by any third party. Bitcoin, which starts with lowercase B, refers to the digital currency (e-money, e-cash, cryptocurrency) built on bitcoin network. Bitcoin is the payment accounting unit built in bitcoin payment system. We call bitcoin the network system that proces bitcoin<
in Chinese, bitcoin and bitcoin are both called bitcoin without distinction in many places
its main features are as follows:
1. 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< 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
private key is required to control bitcoin, 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, a small 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. Bitcoin is not completely anonymous
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learning bitcoin studybtc
it will take some time to protect privacy when using bitcoin. All bitcoin transactions are publicly and permanently stored in the network, which means that anyone can view the balance and transaction records in any bitcoin address. Unless the bitcoin holder discloses personal information ring the transaction, the bitcoin address will not be associated with the real identity of the bitcoin holder. This is why it is recommended that bitcoin holders use multiple bitcoin addresses; In fact, you should create a new address each time to receive bitcoin. This is especially important when using bitcoin in public places, such as on websites. In addition, you can also consider using tools like tor to hide your IP address from being recorded. Learning bitcoin
7. Bitcoin is still experimental
bitcoin is an experimental new currency in active development. Although its experimentality is diminishing with its increasing usage, remember that bitcoin is a new invention, exploring ideas that have never been tried before, so no one can predict the future of bitcoin.
looking at the past performance of Leyte coin, if there is no major good news or the entry of related MLM funds, the market of Leyte coin in September will be very stable. Of course, if there is a large-scale hot money into, will also pull up the price of Leyte coin. But it's only a short time. If there is a big village or a big miner selling, the price of Leyte coin will also drop significantly.
litecoin (LTC, currency symbol: Ł) It is a kind of network currency based on "peer-to-peer" technology. It is also an open source software project under MIT / X11 license. It can help users make instant payments to anyone in the world
lightcoin is inspired by bitcoin (BTC) and has the same implementation principle in technology. The creation and transfer of lightcoin is based on an open source encryption protocol and is not managed by any central organization. Lightcoin aims to improve bitcoin. Compared with bitcoin, lightcoin has three significant differences. First, the lightcoin network can process a block every 2.5 minutes (instead of 10 minutes), so it can provide faster transaction confirmation. Second, the lightcoin network is expected to proce 84 million lightcoins, four times the amount of money issued by bitcoin network. Thirdly, the scrypt encryption algorithm first proposed by Colin Percival is used in lightcoin's workload proof algorithm, which makes it easier to mine lightcoin on ordinary computer than bitcoin. Each Leyte is divided into 100000000 smaller units, defined by eight decimal places.
It broke out for a short time in 16 years, but there is little hope for it in 2017! But Ethereum is likely to be a black horse
lightcoin is inspired by bitcoin (BTC) and has the same implementation principle in technology. The creation and transfer of lightcoin is based on an open source encryption protocol and is not managed by any central authority. Lightcoin aims to improve bitcoin. Compared with bitcoin, lightcoin has three significant differences. First, the lightcoin network can process a block every 2.5 minutes (instead of 10 minutes), so it can provide faster transaction confirmation. Second, the lightcoin network is expected to proce 84 million lightcoins, four times the amount of money issued by bitcoin network. Thirdly, the scrypt encryption algorithm first proposed by Colin Percival is used in lightcoin's workload proof algorithm, which makes it easier to mine lightcoin on ordinary computer than bitcoin. Each Leyte is divided into 100000000 smaller units, defined by eight decimal places.