Combined mining currency
Symbiotic currency is a new currency in the chain area. Now it is hot. It can be said that it is a currency rising together with bitcoin
livetoken is a decentralized cryptocurrency developed by the symbiotic economy foundation on the symbiotic economy platform based on advanced blockchain technology in order to advocate and promote the development and growth of the future economic form - "symbiotic economy"
symbiotic coin (LVT) is a digital token issued by symbiotic chain, which is the medium to realize user value. Symbiotic coins are distributed through Internet applications, and users' behaviors and time in the process of using the Internet proce quantitative value. Symbiotic coin is based on blockchain technology, and all data point transactions will be recorded by blockchain to realize the fairness, openness and transparency of economic ecology. In the past few years, the development of digital currency represented by bitcoin, that is, with the past facts, has confirmed the value of blockchain technology and encrypted digital currency, enabling the realization of symbiotic economy with symbiotic currency as the medium
extended materials:
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 on it was constructed. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system
unlike most currencies, bitcoin does not rely on specific currency institutions. It is generated by a large number of calculations based on specific algorithms. Bitcoin economy uses the distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses the design of cryptography to ensure the security of all aspects of currency circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction. The design based on cryptography can make bitcoin only be transferred or paid by the real owner
This also ensures the anonymity of money ownership and circulation transactions. The biggest difference between bitcoin and other virtual currencies is that the total amount of bitcoin is very limited and it has a strong scarcity. 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 21 millionhope to adopt