Borrowing money to buy mining machine
No illegal
in the bitcoin risk notice jointly issued by the people's Bank of China and other five ministries and commissions at the end of 2013, bitcoin is clearly defined as a special Internet commodity, and people can buy and sell it freely at their own risk. But it denies the monetary nature of bitcoin< The Article 143 of the general provisions of the civil law stipulates that "the civil legal act with the following conditions is valid:
(1) the actor has the corresponding capacity for civil conct< (2) the expression of intention is true< (3) it does not violate the mandatory provisions of laws and administrative regulations, public order and good customs. " The announcement of the seven ministries and commissions is neither a law nor an administrative regulation, and can not be used as a legal basis for judging whether a civil juristic act is valid or not; The law does not go back to the past. Therefore, the bitcoin transaction has legal effect, and the bitcoin obtained from the transaction is protected by law. Therefore, legal disputes arising from trading activities, including civil or criminal cases, should be subject to jurisdiction. Courts or public security organs can not refuse to accept bitcoin because they think bitcoin is not protected by law
extended information:
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transaction mode
bitcoin is e-cash similar to e-mail, and both parties need "bitcoin wallet" similar to e-mail and "bitcoin address" similar to e-mail address. Just like sending and receiving e-mail, the remitter pays bitcoin directly to the other party through a computer or smart phone according to the recipient's address. The following table lists some websites that download bitcoin wallets and addresses for free
a bitcoin address is a string of about 33 characters long, consisting of letters and numbers, always starting with 1 or 3, such as & quot& quot; Bitcoin software can generate address automatically, and it does not need to exchange information online when generating address, so it can be offline [2]. More than 2 bitcoin addresses are available. Figuratively speaking, there are about two grains of sand in the world. If there is an earth in each grain of sand, then the total number of bitcoin addresses far exceeds the number of all the sand on all these "earths"
the bitcoin address and private key appear in pairs, and their relationship is just like the bank card number and password. A bitcoin address is like a bank card number, which records how much bitcoin you have on it. You can generate bitcoin address at will to store bitcoin. When each bitcoin address is generated, a corresponding private key of the address will be generated. This private key proves that you have ownership of the bitcoin at that address. We can simply understand the bitcoin address as the bank card number, and the private key of the address as the password of the corresponding bank card number. Only when you know the bank password can you use the money on the bank card number. Therefore, please keep your address and private key when using bitcoin wallet
after the transaction data of bitcoin is packaged into a "data block" or "block", the transaction is initially confirmed. When a block is linked to a previous block, the transaction is further confirmed. After six block confirmations in a row, the transaction was irreversibly confirmed. Bitcoin P2P stores all transaction history in a "blockchain.". The blockchain continues to extend, and once new blocks are added to the blockchain, they will not be removed. Blockchain is actually a distributed database composed of a group of scattered client nodes and all participants, which is a record of all bitcoin transaction history. Nakamoto predicts that when the amount of data increases, users hope that not all the data will be stored in their own nodes. In order to achieve this goal, he uses the hash function mechanism. In this way, the client will be able to automatically eliminate those parts that it will never use, such as some very early bitcoin transactions
let's see what others say.
Bithumb, South Korea's digital asset trading platform, has been hacked recently, and its damaged assets have rapidly reached billions of won, according to local media Jingxiang news. This report also led to a slight drop in the price of bitcoin, which reverberated from more than 18000 yuan to around 17800 yuan at this time
As an instry veteran level digital asset trading platform, okcoin has been committed to providing users with safe, stable and reliable trading services since its establishment in 2013. At the same time, okcoin bank has the most professional development technology team, financial proct team and technical security experts in the instry. It adopts the al storage mode of hot wallet and cold wallet online to ensure the safety of your assetsthe so-called "hot wallet" refers to the online wallet that can be connected to the Internet and is mainly used for daily affairs and activities. So what is cold storage
Science Popularization time: what is cold storage
cold storage of bitcoin wallet is a way to save the wallet offline. Specifically, players generate bitcoin addresses and private keys on an offline computer and store them properly. Later, bitcoin obtained from mining or trading platform can be sent to the offline generated bitcoin address. The private key generated by this computer will never appear on other computers or networks
so no one can steal your information! Unless you show it to others ~
for example, a big bitcoin user wants to ensure the absolute security of his bitcoin wallet. Even if the computer is hacked, the hacker still can't get the private key of bitcoin. In this way, the big user has to use cold storage technology. He generates several pairs of bitcoin addresses and private keys offline as cold storage wallets. In the future, all bitcoin that needs to be stored will be sent to these addresses. This ensures the security of bitcoin