The relationship between the total amount of virtual currency an

1. In the future, the value of virtual currency only depends on the number of people with money, whether there are entities under it, and whether it plays a role in promoting social finance, which determines its success or failure; Any currency is issued by the head office, which is a process system. The circulation is the quantity issued by the decision-making level of the headquarters according to the market research, which is based on the accurate market research

2.

The total number of bitcoins is 21 million

in 2009, when bitcoin was born, block reward was 50 bitcoins. Ten minutes after its birth, the first 50 bitcoins were generated, and the total amount of money at this time is 50. Then bitcoin grew at a rate of about 50 every 10 minutes. When the total amount reaches 10.5 million (50% of 21 million), the block reward will be halved to 25

when the total amount reaches 15.75 million (5.25 million new output, i.e. 50% of 1050), the block reward will be further halved to 12.5. The monetary system used to have no more than 10.5 million in four years, after which the total number will be permanently limited to about 21 million

extended data

monetary characteristics

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

2. Global circulation: 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 needed 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 a transaction fee of about 1 bitfen 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

3. Circulation is too large, there is not much room for value-added. 1. It doesn't rely on specific currency institutions to issue money. It generates money through a large number of calculations based on specific algorithms. It uses the distributed database composed of many nodes in the whole P2P network to confirm and record all transactions. It uses the design of cryptography to ensure the security of all links of money circulation. The unified management of issuing money is proportional to the purchase and investment, with a total circulation of 3 million, No bubbles will form. In the future, the online mall will be launched, which will change from virtual to entity, with prominent value and unlimited appreciation space; 2. Users have an independent electronic system, can buy any goods in the BOS mall; 3. Investment income is stable, three out of three into, control mechanism is reasonable, never collapse; 4. No borders, cross-border. Cross border remittance will go through layers of exchange control agencies, and the transaction records will be recorded by many parties. But if you trade in ton currency, enter the digital address directly, click the mouse and wait for the P2P network to confirm the transaction, a lot of money will pass. It does not go through any regulatory agencies and will not leave any cross-border transaction records. 5. Avoid fraulent transactions: all transactions of ton currency are concted and supervised by ton currency company. Every transaction will be regulated and protected to ensure the fairness, openness and impartiality of customers and businesses. So businesses can avoid the harm of fraulent refund; The company acts as a third-party guarantee payment, business users settlement fast, safe! 6. The demand of online transaction with credit card has been replaced by RMB. You won't have to stick to sensitive customer information or worry about personal information leakage. As a new type of virtual electronic currency, it plays a role in the security of personal information and the security of trading goods. 7. Complete transparency: every transaction is well documented and highly transparent. Verify all payments and balances with a single click; Fundamentally improve the multi-party payment settlement complex, transfer to account time limitation shortcomings, let our online shopping more convenient.

4. The definition and characteristics of virtual currency

the definition of traditional currency

traditional currency, that is, currency in the general sense, refers to the paper money and subsidiary currency issued by the central bank, which includes cash and deposits in circulation. Traditional currency has the functions of value scale, circulation means, payment means and storage means< (2) the definition and characteristics of virtual currency, also known as network currency, digital currency and electronic currency, is based on electronic information network, with commercial electronic machines and various transaction cards as the media, with electronic computer technology and communication technology as the means, and stored in the bank's computer system in the form of electronic data, And through the computer network system in the form of electronic information transmission to achieve circulation and payment function of money, is a new payment tool in the late 1990s

virtual currency is a currency symbol with no value of its own, and it is invisible. The exchange between the buyer and the seller is only reflected in the increase and decrease of the deposit balance in the bank account; At any time in any place that the network or device can cover, both parties can complete the transaction as long as there is exchange behavior; Virtual currency has the function of transcending time, space and region, which has greatly improved the speed and efficiency of money media transactions, greatly reced transaction costs, and promoted the process of globalization of capital flow and financial market integration. Virtual currency is a kind of non-standard currency, which has no geographical currency unit
the difference and connection between virtual currency and traditional currency

virtual currency combines cash in circulation with deposit organically by using electronic system. It has the characteristics of deposit in traditional currency, cash and non cash conversion and information display. In the scope of use, it is the same as the traditional currency, mainly used for small transactions; In commodity transaction payment, it also has the characteristics of autonomy of transaction behavior, consistency of transaction conditions, independence of transaction mode and sustainability of transaction process.

5. For example, is there really a God in the world? Obviously not, but people still spend human, material and financial resources to Xinyang and worship, and come to the conclusion that there is still value in the existence and exchange of the false theory. Of course, this is different from bitcoin. In the process of bitcoin's generation, a person who seems to be a little famous suddenly put forward a theory, sales of storage currency. At the beginning, this kind of currency was only spread and entertained among a few people (assuming that there were 10000 people in the first year). Of course, these people only held the attitude of entertainment at the beginning, just like playing online games. The next year, suddenly a team or a number of (speculative group), suddenly feel this organic, began to buy at a low price, and grasp the market. When the time is ripe, the whole world will know about this kind of currency by means of media and economic people. The number of participants will increase from less than 50000 to one million, and tens of billions of capital will flow in. I remember the most popular time was at the end of November, when the price of a bitcoin was 7900, but there were many reports at that time that it could rise to 400000, At this time, the speculative teams felt that it was impossible to go up again and began to sell a lot of bitcoin. As a result, the price of bitcoin fell by about 4000 in less than a month. These teams made a lot of gold and silver. However, because there are still one million people involved, the price will stop at around 3000 for quite a while, But in the process of people quitting, bitcoin will be worthless Personal views (for reference only)

6. If bitcoin is a liar or pyramid scheme, you can call 110 and ask the public security organ for screening or verification
the investigation conclusion of public security organs is the most authoritative
however, judging from the current public information, it is difficult to identify or have no authoritative conclusion.

7.

The concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. According to the idea of Nakamoto, the open source software is designed and released, and the P2P network on it is constructed. Bitcoin is a virtual encrypted digital currency in the form of P2P. Point to point transmission means a decentralized payment system

bitcoin network generates new bitcoin through "mining". In essence, the so-called "mining" is to use computers to solve a complex mathematical problem to ensure the consistency of bitcoin network distributed accounting system. Bitcoin network will automatically adjust the difficulty of mathematical problems, so that the whole network will get a qualified answer about every 10 minutes. Then bitcoin network will generate a certain amount of bitcoin as block reward to reward the person who gets the answer

8. No, the issue quantity of virtual currency is generally fixed, and it is issued according to certain rules, but not according to the limit needed in circulation. Let's take bitcoin as an example:

New bitcoin is generated through "mining", which is a competitive and decentralized process. This process involves indivials serving the bitcoin network and getting paid for it. Bitcoin miners use dedicated hardware to process transactions and protect bitcoin networks, and collect new bitcoins ring transactions

bitcoin protocol is designed to issue new bitcoin at a fixed rate. This makes bitcoin mining an extremely competitive instry. As more and more miners join the bitcoin network, it becomes more and more difficult to make profits. Miners must seek efficiency to cut proction costs. No central authority or developer has the right to control or manipulate the system to increase their profits. Any behavior that does not comply with the rules required by the system will be rejected by any bitcoin node in the world

bitcoin is issued at a predictable and graal decline rate. The number of new bitcoins will be halved year by year until the total number reaches 21 million. By then, bitcoin miners may be able to support only a large number of small transaction costs

since 2013, the popular virtual currencies are bitcoin, Laite coin, Fuyuan coin, Ruibo coin, Yuanbao coin and so on.

9. Unknown_Error

10. The screen size of Hongmi K20 is 6.39 inches, the screen material is AMOLED, and the resolution is 2340 x 1080 FHD + 403 PPI

the red rice K20 adopts a 6.39 inch full screen with the seventh generation screen fingerprint technology, and has passed the VDE low blue light eye protection certification in Germany. Hongmi K20 is also equipped with a 20 MP front camera, a rear three camera, a 48 MP Sony imx582 main camera, a 13 MP ultra wide angle lens and an 8 MP portrait lens, supporting super night view mode.