1 thought on “evil eye jewelry turkey wholesale Who invented Bitcoin?”
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exotic jewelry for wholesale The concept of Bitcoin was initially proposed by Nakamoto Satoshi in 2009. The open source software and constructed P2P networks on it according to the idea of Satoshi Nakamoto. Bitcoin is a P2P form of digital currency. Point -to -point transmission means a decentralized payment system. Different from most currencies, Bitcoin does not rely on specific currency institutions. According to specific algorithms, it is generated by a large number of calculations. Trading behavior and use the design of cryptography to ensure the security of all aspects of currency circulation. The decentralization characteristics and algorithms of P2P can ensure that the currency value cannot be manipulated by a large number of Bitcoin. Design based on cryptography can make Bitcoin only transfer or pay by real owners. This also ensures the anonymity of currency ownership and circulation transactions. The biggest difference between Bitcoin and other virtual currencies is that its total number is very limited and has a strong scarcity. The currency system has only exceeded 10.5 million in 4 years, and the total number will be permanently limited to 21 million. Bitcoin can be used to be fulfilled and can be exchanged for currency in most countries. Users can buy some virtual items with Bitcoin, such as clothes, hats, equipment, etc. in online games. As long as someone accepts it, it can also use Bitcoin to buy items in real life. [1] [2] The Senator Joe Manchin, a Senator of West Virginia, issued an open letter to multiple US federal government regulators on February 26, 2014, hoping that the relevant agencies can be Bitcoin Encourage illegal activities and disturbing the status quo of financial order to pay attention to it, and require action as soon as possible to fully block the electronic currency. [3] starting from 12:00 noon on January 24, 2017, the three major Bitcoin platforms in China officially began to charge trading fees. [4] Chinese name Bitcoin Foreign name bitcoin n The founder of the concept Tong Cong The development process listening The global financial crisis broke out in 2008. At that time The model of the currency. The 2 sheets Bitcoin Compared with the legal currency, Bitcoin does not have a concentrated issuer, but is generated by the calculation of network nodes. Moreover, it can be circulated around the world. You can buy and sell on any computer accessing the Internet. No matter where you are, anyone can dig, purchase, sell or collect Bitcoin, and foreigners cannot identify user identity information during the transaction. [2] In 2009, Bitcoin was not controlled by the central bank and any financial institution. [2] Bitcoin is a "electronic currency", which is composed of a string of complex code generated by a computer. The new Bitcoin is manufactured through the preset program. With the increase in the total amount of Bitcoin, the speed of new coins slows down slowly. Until 2014 reached the upper limit of 21 million, and the total amount of bitcoin dug out has exceeded 12 million. [2] Whenever Bitcoin enters the vision of the mainstream media, the mainstream media will always ask some mainstream economists to analyze Bitcoin. Earlier, these analysis is always concentrated on whether Bitcoin is a scam. And today's analysis is always concentrated on whether Bitcoin can become the mainstream currency in the future. The focus of the controversy is often concentrated on the contraction characteristics of Bitcoin. [5] The bitcoin players are attracted by Bitcoin that cannot be issued at will. Contrary to the attitude of Bitcoin players, the attitude of economists to a total of 21 million fixed amounts of Bitcoin is polarized. [6] The economists in the Kanes School believe that the government should actively regulate the total amount of currency and use the relaxation of monetary policy to refuel or brake the economy in a timely manner. Therefore, they believe that the total currency of Bitcoin has sacrificed regulatability, and what is worse is that it will inevitably lead to deflation and harm the overall economy. The views of the Austrian school economists are completely the opposite. They believe that the less the government's intervention in currency, the better, and the deflation caused by the fixing of the total amount of currency is not a big deal, even the sign of social progress. The Bitcoin network generates new Bitcoin through "mining". The so -called "mining" is essentially using a computer to solve a complex mathematical problem to ensure the consistency of the Bitcoin network distributed bookkeeping system. The Bitcoin network will automatically adjust the difficulty of mathematics, so that the entire network will get a qualified answer every 10 minutes. Subsequently, the Bitcoin Network will generate a certain amount of Bitcoin as a bounty and award the answer. When Bitcoin was born in 2009, each bounty was 50 Bitcoin. 10 minutes after birth, the first batch of 50 bitcoin was generated, and the total currency at this time was 50. Bitcoin then increased at a rate of 50 minutes every 10 minutes. When the total amount reached 10.5 million (50%of 21 million), the bounty was reduced by half. When the total amount reached 15.75 million (new output of 5.25 million, that is, 50%of 1050%), the bounty was reduced by half of 12.5. [7] First of all, according to its design principle, the total amount of Bitcoin will continue to grow until the day of 21 million after more than 100 years. But the growth rate of Bitcoin currency will grow very slowly. In fact, 87.5%of Bitcoin will be "dug" in the first 12 years. Therefore, from the perspective of total currency, Bitcoin will not reach a fixed amount, and its total currency will essentially expand, although the speed is getting slower and slower. Therefore, it seems that Bitcoin seems to be inflation currency. The judgment is at a tightening or expansion, and does not decrease or increase according to the total amount of currency. Instead, it depends on whether the overall price level has fallen or rising. The overall price rises is inflation, and the instead is currency tightening. In the long run, the issuance mechanism of Bitcoin determines that its total currency growth rate will be much lower than the growth rate of social wealth. The economists in the Kanes School believe that the continuous decline in prices will make people tend to delay consumption, because the same dollar can buy more things tomorrow. The decrease in consumer willingness has further led to shrinking demand and slow -moving goods, making prices lower, and entering the vicious circle of "shrinking spiral". Similarly, even if the currency is not deposited in the bank itself, it can be appreciated (the purchasing power is getting stronger and stronger), people's willingness to invest, and social production will fall into the downturn. [5] Therefore, Bitcoin is a currency with a tendency to shrink. In the Bitcoin economy, the price price priced at Bitcoin will continue to fall. [1] Bitcoin is a network virtual currency, with a limited number, but it can be used for cash: can be exchanged for currency in most countries. You can use Bitcoin to buy some virtual items, such as clothes, hats, equipment, etc. in online games. As long as someone accepts it, you can also use Bitcoin to buy items in real life. [1] [1] On September 9, 2014, US e -commerce giant eBay announced that the company's payment processing subsidiary Braintree will begin receiving Bitcoin payment. The company has reached a cooperation with Bitcoin trading platform Coinbase and began to accept this relatively new payment method. Although the eBay market trading platform and PayPal business do not accept Bitcoin payment, the travel house leasing community Airbnb and car rental service Uber and other brainTree customers will start accepting this virtual currency. BrainTree's main business is to provide enterprises with payment processing software. The company was acquired by EBAY at about $ 800 million last year. On the evening of January 22, 2017, Huobi.com, Bitcoin China and OKCoin Coins successively issued an announcement on their official website that it would further suppress speculation and prevent price fluctuations. From 12:00 noon day, the transaction service fee is started. The service fee is charged at a fixed rate of 0.2%of the transaction amount, and the active transaction is consistent with the passive cost. [4] On May 5th, the latest data from OKCoin Coin.com showed that the price of Bitcoin has just refreshed history again, as of the highest level of 9222 points before the release. [8] The founding character listening On November 1, 2008, a person who claimed to be Satoshi Nakamoto posted a discussion statement on a secret cryptographic review group, and It states his new idea of electronic currency -Bitcoin was released, and Bitcoin's first transaction was completed. Bitcoin used to expose the spread of the general ledger to get rid of the restrictions of third -party institutions, and Satoshi Nakamoto called it "regional chain". Users are willing to dedicate the CPU computing power and operate a special software to be a "mininger", which will form a network to maintain the "regional chain" together. In this process, they will also generate new currencies. Sales are also extended on this network. The computer's computer truth is cracking irreversible code problems. These problems include several trading data. The first "miner" to deal with the problem will be rewarded by 50 Bitcoin, and the related trading area will be added to the chain. Following the addition of the number of "miners", the difficulty of each fan also improves, which keeps the Bitcoin productivity of each trading area maintained at about 10 minutes. The Professor of Mathematics at Kyoto University In 2009, Satoshi Nakamoto designed a digital currency, namely Bitcoin, and the Bitcoin market of wind and fire fell. The identity of Cong "Cong has always been a mystery. Rumors about the" father of Bitcoin "involve the mysterious aura of Bitcoin from the US National Security Agency to financial experts. In foreign media reports, computer scientists Tednelson posted a video on the Internet on Sunday that he had confirmed that the founder of Bitcoin was the new one () at the Professor of Mathematics of Kyoto University. The founders of Bitcoin have always used the pseudonym of Satoshi (), and the Internet field has also launched a lot of speculation about its true identity. Nelson released a video saying that he had determined that Wangyue Xinyi was the real founder of Bitcoin. [9] Wang Yuexin in 2013 was famous for proved ABC's conjecture. He was studying at Feli Putuktt College in high school, the latter is one of the most prestigious high schools in the United States, and graduated only two years later. Wang Yuexin entered Princeton University at the age of 16. At the age of 22, he left the school as a PhD and became a professor at the age of 33. Such a young man was very rare in the academic world. The superstar in this mathematical world may have broken one of the most important problems in the field. The personal information left on the Internet, especially in the Internet, especially in recent years, almost completely disappeared, so his life has become a fan. On March 7, 2014, when the news of the founder of Bitcoin Dolian P. Nakamoto was found, it quickly became the most attractive news on the Internet. I is different from the outside world that it may be a fictional name. "Nakamoto Satoshi" is a real name. He is a 64 -year -old Japanese American. He likes to collect train models. Fang, engaged in confidential work. In the past 40 years, Nakamoto has never used his real name in his life. According to the 1973 archives of the Los Angeles District Court, when he graduated from California State University of Science and Technology at the age of 23, he changed his name to Dorian Princetis Satoshi (). Since then, he no longer uses the name "Cong", but has used Dorians.nakamoto as a signature. [9] In principle listening In the essence of Bitcoin, the essence of Bitcoin is actually a special solution generated by a bunch of complex algorithms. Special solution refers to the group that can get unlimited (actually Bitcoin is a limited one) solution. And each special solution can solve the equation and is unique. [10] If the RMB is metaphorically, Bitcoin is the serial number of the RMB. You know the serial number on a banknote, and you have this banknote. The process of mining is to continue to seek special solutions for this equation group through a huge amount of calculation. This equation group is designed to be only 21 million special solutions, so the upper limit of Bitcoin is 21 million. [10] Grazy increase It to dig up Bitcoin can download the dedicated bitcoin computing tool, then register various cooperation websites, fill in the registered user name and password into the computing program, and then click the operation Just officially started. [11] After completing the Bitcoin client installation, you can directly get a Bitcoin address. When others pay, you only need to put the address to others by yourself, and you can pay through the same client. After installing the Bitcoin client, it will allocate a private key and an open key. You need to backup the wallet data you contain the private key to ensure that the property is not lost. If unfortunately, the hard disk is completely formatted, the individual Bitcoin will be completely lost. Curning of monetary characteristics decentralization: Bitcoin is the first distributed virtual currency. The entire network is composed of users and has no central bank. Decentralization is the guarantee of Bitcoin's security and freedom. The circulation: Bitcoin can be managed on any computer accessing the Internet. No matter where he is, anyone can dig, purchase, sell or collect Bitcoin. Exclusive ownership: Controlling Bitcoin requires a private key, and it can be isolated and stored in any storage medium. No one except the user can get it. low transaction expenses: can be remitted for free Bitcoin, but in the end, a transaction fee of about 1 Bit bit will be charged for each transaction to ensure the faster execution of the transaction. has no hidden cost: As a payment method from A to B, Bitcoin does not have a tedious limit and procedures. Know the other party's Bitcoin address can be paid. The cross -platform mining: Users can discover the computing power of different hardware on many platforms. advantages The is completely centralized. Without issuing agencies, it is impossible to manipulate the number of issuance. Its distribution and circulation are implemented through open source P2P algorithms. In anonymous, tax -free, supervision. strong. Bitcoin depends entirely on the P2P network and has no distribution center, so it cannot be closed outside. Bitcoin prices may fluctuate and collapse, and multi -country governments may announce it illegal, but Bitcoin and Bitcoin's huge P2P networks will not disappear. has no borders and cross -border. Cross -country remittances will pass through layers of foreign exchange control institutions, and transaction records will be recorded by multiple parties. But if you use Bitcoin transactions, enter the digital address directly, click the mouse, and wait for the P2P network to confirm the transaction, and a lot of funds will pass. No cross -border transactions will be left without any management and control institutions. The cottage is difficult to survive. Because the Bitcoin algorithm is completely open source, anyone can download the source code, modify some parameters, and re -compile to create a new P2P currency. But these cottage currencies are fragile and easily attacked by 51%. Any individual or organization, as long as it controls a 51%computing power of a P2P currency network, can manipulate transactions and currency values at will, which will constitute a devastating blow to P2P currency. Many cottage coins are dying on this link. The Bitcoin network is already strong enough. If you want to control the 51%computing power of the Bitcoin network, the number of CPU/GPUs required will be an astronomical number. Disadvantages The vulnerability of trading platform. The Bitcoin network is strong, but the Bitcoin trading platform is fragile. The trading platform is usually a website, and the website will be attacked by hackers or closed by the competent authority. The transaction confirmation time is long. When the Bitcoin wallet is installed for the first time, it will consume a lot of time to download the historical transaction data block. In Bitcoin transactions, in order to confirm the accuracy of the data, it will consume some time, interact with the P2P network, and get the transaction after being confirmed by the entire network. The price fluctuations are great. Due to a large number of speculators involved, the price of Bitcoin exchanged cash like a roller coaster is ups and downs. Make Bitcoin more suitable for speculation, not anonymous transactions. The public does not understand principles and the resistance of traditional financial practitioners. Active netizens understand the principle of the P2P network and know that Bitcoin cannot be manipulated and controlled. But the public does not understand that many people can't even distinguish between Bitcoin and Q coins. "No issuer" is the advantage of Bitcoin, but from the perspective of traditional financial practitioners, the currency of "no issuer" is worthless. [12] The currency transaction listening voice The purchase method The user can buy Bitcoin, and at the same time, it can also use a computer to perform a large amount of operations according to the algorithm to "mining" Bitcoin. When the user "mining" Bitcoin, you need to search for 64 -bit numbers with a computer, and then compete with other gold rushing people by repeatedly solving the mystery. A set of numbers, then 25 Bitcoin will be obtained. Since the Bitcoin system uses decentralized programming, only 25 bitcoins can be obtained every 10 minutes, and by 2140, the upper limit of the circulating bitcoin will reach 21 million. In other words, the Bitcoin system can achieve self -sufficiency, to resist inflation through coding, and prevent others from destroying these code. The transaction method Bitcoin is an electronic cash similar to e -mail. The two parties to the transaction need "Bitcoin Wallet" similar to email and "Bitcoin address" similar to email address. Like sending and receiving emails, the remittrizer uses a computer or smartphone to pay Bitcoin directly to the other party according to the address of the payee. The following table lists some websites for free download Bitcoin wallets and addresses. The Bitcoin address is about 33 long characters composed of letters and numbers. It always starts with 1 or 3, such as "". Bitcoin software can automatically generate addresses, and does not need to exchange information when generating addresses, which can be performed offline [2]. There are more than 2 available bitcoin addresses. Visible in the world, there are about 2 grains of sand in the world. If there is a earth in each grain of sand, the total number of bitcoin addresses far exceeds the number of sand on all these "earth". The Bitcoin address and private key are paired, and their relationship is like a bank card number and password. Bitcoin address is used to record how much bitcoin you have on this address like a bank card number. You can generate the bitcoin address at will to store Bitcoin. When each bitcoin address is generated, there will be a corresponding private key for the address. This private key proves that you have the right to Bitcoin on this address. We can simply understand the bitcoin address as a bank card number, and the private key of this address is understood 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 save your address and private key when using the Bitcoin wallet. The transaction data of Bitcoin was packaged into a "data block" or "block" (block ", and the transaction was initially confirmed. After the block link reaches the previous block, the transaction will be further confirmed. After receiving 6 blocks confirmed in a row, the transaction was basically confirmed reversed. Bitcoin peer -to -peer network stores all trading history in "blockchain" (). The blockchain continues to extend, and once the new block is added to the blockchain, it will not be removed. The blockchain is actually a group of decentralized user -end nodes, and a distributed database composed of all participants is a record of all Bitcoin trading history. Satoshi Nakamoto predicts that when the amount of data increases, users hope that these data will not all store their own nodes. In order to achieve this goal, he uses the introduction of a latency function mechanism. In this way, the user terminal will automatically eliminate those parts that they will never use, such as the extremely early Bitcoin transaction records. The consumption method The websites for technology players have begun to accept Bitcoin transactions. Websites including MTGOX, BTCCHINA, and some Taobao stores can even accept services such as Bitcoin and USD, euro and other services. There is no doubt that Bitcoin has become a real currency instead of virtual currency like Tencent Q coins. There are already special Bitcoin third -party payment companies abroad, similar to domestic Alipay, which can provide API interface services. The money can be used to buy bitcoin, or it can also be used as mining people. "Millet" can be used to search for 64 -bit numbers with a computer. By repeatedly decrypting with a computer, competing with other gold rushists, providing the required numbers for the Bitcoin network. If the computer can successfully create a set of numbers, 25 Bitcoin will be obtained. Bitcoin is decentralized. It is necessary to create a fixed number of Bitcoin within each unit's calculation time. It can get 25 Bitcoin every 10 minutes. By 2140, the upper limit of the circulating Bitcoin will reach 21 million. In other words, the Bitcoin system can be self -sufficient, translating into codes to resist inflation and prevent others from destructing. The payment cases While the investors are chased crazy, Bitcoin has been accepted by individual businesses in reality. A restaurant in Beijing opened Bitcoin payment. The restaurant located in Chaoyang Yuecheng said that the shop has received Bitcoin payment since the end of November 2013. At the end of the meal, consumers can transfer a certain amount of bitcoin to the store account to complete the payment. The entire process is similar to bank transfer. The restaurant settled a meal of 650 yuan with 0.13 Bitcoin. [13] In January 2014, OverStock began to accept Bitcoin, becoming the first large online retailer to accept Bitcoin. [14]
Bitcoin was created by Satoshi Nakamoto, (almost sure) is a pseudonym. So far, no one can accurately exact Bitcoin with a real person or a group of people. Link. Satoshi Nakamoto disappeared from the Internet in 2011, and almost no clue they might be. Over the years, many people have publicly declared that they are Satoshi, but they have not supported this statement with indisputable facts.
At the early Bitcoin Forum, Satoshi said that they started studying Bitcoin in 2007, two years earlier than the first block. On January 3, 2009, the first block of the Bitcoin blockchain -the Genesis block was mining. Satoshi Nakamoto is the miners of the Genesis block and received the first batch of 50 Bitcoin invested in circulation. However, the reward of the first block cannot be paid because the expression of the creation of the century in the code is a bit strange. Bitmex studied an analysis of early mining of Bitcoin and concluded that "some people" were mining of 700,000 Bitcoin. Although many people think this is Satoshi, the official has not confirmed it.
Pevity can only imagine that if their identity is exposed, what kind of reputation will Nakamoto get, let alone the huge wealth they will collect (even though Sato did not seem to spend any coins they should mining). Over time, many people have claimed that they are Satoshi, and others have been imposed.
The false claims
one of the most famous examples of Satoshi is Craig Wright, Australian scholar. As early as 2015, Wright tried to show the public that he was the inventor of Bitcoin inventor, but he did not succeed to this day. In fact, his "evidence" is proven forged. why Satoshi must be anonymous
The first creator in the world, which can be said to be anonymous, because the essence they created Essence After creating an agreement without a failed center point, Satoshi Nakamoto may have realized that maintaining anonymity may eliminate the last failed center point that Bitcoin may exist: the person who creates it. To remove a single identity that may be associated with Bitcoin, it will remove any one -sided holes that may affect the political, rules or decisions that may affect the Bitcoin community. No matter who Satoshi is, they are undoubtedly the genius of our time. The Bitcoin Agreement provides economic incentives in all appropriate places, and provides a special solution for General Byzantine. Nakamoto uses the concepts of cryptography, mathematics, game theory and economics to create a beautiful design -also the world's first -digital scarce asset -Bitcoin. The inventor of Bitcoin is a Japanese named Nakamoto. On January 3, 2009, the first batch of Bitcoin in the world was born, and digital currencies were officially born. Digital currencies were until the end of 2013 until the end of 2013 The price rose rapidly, from about $ 10 in the early period to more than 900 US dollars. In 2016, Bitcoin's popularity really rose, and the prices soared all the way, known as "digital gold". Why is Bitcoin so valuable? 1. Mining is difficult. Bitcoin mining needs to perform specific operations. The cost cost is high, and the early material investment in the early stage is also very large. 2. Bitcoin has currency attributes and trusted by the market. The encryption algorithm of Bitcoin is difficult to crack, ensuring its uniqueness. 3. The Bitcoin trading market is highly transparent. The market price is open and transparent, and it is convenient and fast in circulation and transactions in virtual digital goods. 4. Some countries recognize that some policies of the state and digital currencies in bitcoin and digital currencies will undoubtedly stimulate Bitcoin prices. The items are rare, Bitcoin is relatively rare. At present, the mining difficulty of comparison coins is very difficult, the impact of supply and demand relationship, the situation of supply and demand in the market, etc. These undoubtedly have a great effect on the price increase. Care for friends who earn Bitcoin on the trading platform. Bitcoin is a P2P form digital currency. Point -to -point transmission means a decentralized payment system. In 2009, the concept of Bitcoin was proposed by the Japanese Nakamoto. Bitcoin was unimaginable from the beginning to the present price. Why is Bitcoin so valuable? It briefly talk about it below. Bitcoin mining machine runs a special program, and after running, you can get a similar task reward Bitcoin after running. Now the production of bitcoin is very low, and about 3,600 new coins are produced per day, with a limited number; Bitcoin mining price is high. Since Bitcoin is hot, the professional mining machine is about 10,000 yuan in the low price. The price is now the price. More than 300,000 are expensive, and the early equipment investment requires a lot of financial resources; long mining time, Bitcoin mining is a specific complex operation, the consumption time is very long; In addition to losses, a large amount of electricity consumption will be consumed. The daily power consumption of the global mining machine in the world can reach 188 million kilowatt -hours, which is equivalent to one percent of China's daily power generation. The number of Bitcoin is still increasing. Some institutions have evaluated that Bitcoin mining power consumption will exceed the US power consumption in 2019. The price of Bitcoin has always been a relationship between the media. Here I remind everyone that the price of Bitcoin has risen rapidly, the whereabouts will be fast, and the risk is high. Friends who want to buy Bitcoin to make money must be cautious. It for many days, Bitcoin borrows the "ransom" virus rolls and turns on the rag away mode that has known each other. This virtual currency called "digital gold" has skyrocketed 3 million times in 8 years, and even Chinese aunts have entered the market. Some people think that this is a drum -drumming game. Some people firmly believe that Bitcoin will become scarce assets, and some people say that it will be a node that flashs in the long history, and most people don't understand it, just amazing in another round of wealth.
Is Bibitou thinks who created Bitcoin? The inventor of Bitcoin has not been concluded. It is generally said that the Japanese "Satoshi Nakamoto". On January 3, 2009, the first batch of Bitcoin in the world was "dug". This digital currency designed by a person code -named "Satoshi Nakamoto" was officially born. It is suspected to be "Satoshi Nakamoto". In 2014, the authoritative media of the United States revealed that the Japanese American physicist named "Satoshi Nakamoto" was the legendary "father of Bitcoin", but the old professor firmly denied it. The picture shows the rare appearance of Satoshi Nakamoto being besieged by the media, constantly covering the camera, and denied any connection with Bitcoin.
In May 2016, Australian engineer and entrepreneur Craig Wright publicly showed that he was the creator of Bitcoin -Satoshi Nakamoto. But in just a few days, White himself "surrendered" and issued an apology letter saying that "no key evidence" prove himself. Although Satoshi Nakamoto was nominated as a candidate for the 2016 Nobel Prize in Economics, his real veil has not been fully revealed. Photo: BBC (from: Tencent Picture)
and after the relationship with Bitcoin, Craig White was stared at by the police. The picture shows the Australian Federal Police and tax personnel search for White's residence and office. The latter's Bitcoin -related business has tax issues. According to media reports, the mysterious character "Satoshi Nakamoto" holds more than 1 million Bitcoin in hand, according to the current RMB 15,000 yuan, his worth of more than 15 billion yuan. According to the initial strict design, the total amount of Bitcoin was limited to 21 million pieces, and about 14 million pieces have been mined. Picture: Reuters Zhong Cong, I do n’t know his true body
exotic jewelry for wholesale The concept of Bitcoin was initially proposed by Nakamoto Satoshi in 2009. The open source software and constructed P2P networks on it according to the idea of Satoshi Nakamoto. Bitcoin is a P2P form of digital currency. Point -to -point transmission means a decentralized payment system.
Different from most currencies, Bitcoin does not rely on specific currency institutions. According to specific algorithms, it is generated by a large number of calculations. Trading behavior and use the design of cryptography to ensure the security of all aspects of currency circulation. The decentralization characteristics and algorithms of P2P can ensure that the currency value cannot be manipulated by a large number of Bitcoin. Design based on cryptography can make Bitcoin only transfer or pay by real owners. This also ensures the anonymity of currency ownership and circulation transactions. The biggest difference between Bitcoin and other virtual currencies is that its total number is very limited and has a strong scarcity. The currency system has only exceeded 10.5 million in 4 years, and the total number will be permanently limited to 21 million.
Bitcoin can be used to be fulfilled and can be exchanged for currency in most countries. Users can buy some virtual items with Bitcoin, such as clothes, hats, equipment, etc. in online games. As long as someone accepts it, it can also use Bitcoin to buy items in real life. [1] [2]
The Senator Joe Manchin, a Senator of West Virginia, issued an open letter to multiple US federal government regulators on February 26, 2014, hoping that the relevant agencies can be Bitcoin Encourage illegal activities and disturbing the status quo of financial order to pay attention to it, and require action as soon as possible to fully block the electronic currency. [3]
starting from 12:00 noon on January 24, 2017, the three major Bitcoin platforms in China officially began to charge trading fees. [4]
Chinese name
Bitcoin
Foreign name
bitcoin
n The founder of the concept
Tong Cong
The development process listening
The global financial crisis broke out in 2008. At that time The model of the currency.
The 2 sheets
Bitcoin
Compared with the legal currency, Bitcoin does not have a concentrated issuer, but is generated by the calculation of network nodes. Moreover, it can be circulated around the world. You can buy and sell on any computer accessing the Internet. No matter where you are, anyone can dig, purchase, sell or collect Bitcoin, and foreigners cannot identify user identity information during the transaction. [2] In 2009, Bitcoin was not controlled by the central bank and any financial institution. [2] Bitcoin is a "electronic currency", which is composed of a string of complex code generated by a computer. The new Bitcoin is manufactured through the preset program. With the increase in the total amount of Bitcoin, the speed of new coins slows down slowly. Until 2014 reached the upper limit of 21 million, and the total amount of bitcoin dug out has exceeded 12 million. [2]
Whenever Bitcoin enters the vision of the mainstream media, the mainstream media will always ask some mainstream economists to analyze Bitcoin. Earlier, these analysis is always concentrated on whether Bitcoin is a scam. And today's analysis is always concentrated on whether Bitcoin can become the mainstream currency in the future. The focus of the controversy is often concentrated on the contraction characteristics of Bitcoin. [5]
The bitcoin players are attracted by Bitcoin that cannot be issued at will. Contrary to the attitude of Bitcoin players, the attitude of economists to a total of 21 million fixed amounts of Bitcoin is polarized. [6]
The economists in the Kanes School believe that the government should actively regulate the total amount of currency and use the relaxation of monetary policy to refuel or brake the economy in a timely manner. Therefore, they believe that the total currency of Bitcoin has sacrificed regulatability, and what is worse is that it will inevitably lead to deflation and harm the overall economy. The views of the Austrian school economists are completely the opposite. They believe that the less the government's intervention in currency, the better, and the deflation caused by the fixing of the total amount of currency is not a big deal, even the sign of social progress.
The Bitcoin network generates new Bitcoin through "mining". The so -called "mining" is essentially using a computer to solve a complex mathematical problem to ensure the consistency of the Bitcoin network distributed bookkeeping system. The Bitcoin network will automatically adjust the difficulty of mathematics, so that the entire network will get a qualified answer every 10 minutes. Subsequently, the Bitcoin Network will generate a certain amount of Bitcoin as a bounty and award the answer.
When Bitcoin was born in 2009, each bounty was 50 Bitcoin. 10 minutes after birth, the first batch of 50 bitcoin was generated, and the total currency at this time was 50. Bitcoin then increased at a rate of 50 minutes every 10 minutes. When the total amount reached 10.5 million (50%of 21 million), the bounty was reduced by half. When the total amount reached 15.75 million (new output of 5.25 million, that is, 50%of 1050%), the bounty was reduced by half of 12.5. [7]
First of all, according to its design principle, the total amount of Bitcoin will continue to grow until the day of 21 million after more than 100 years. But the growth rate of Bitcoin currency will grow very slowly. In fact, 87.5%of Bitcoin will be "dug" in the first 12 years. Therefore, from the perspective of total currency, Bitcoin will not reach a fixed amount, and its total currency will essentially expand, although the speed is getting slower and slower. Therefore, it seems that Bitcoin seems to be inflation currency.
The judgment is at a tightening or expansion, and does not decrease or increase according to the total amount of currency. Instead, it depends on whether the overall price level has fallen or rising. The overall price rises is inflation, and the instead is currency tightening. In the long run, the issuance mechanism of Bitcoin determines that its total currency growth rate will be much lower than the growth rate of social wealth.
The economists in the Kanes School believe that the continuous decline in prices will make people tend to delay consumption, because the same dollar can buy more things tomorrow. The decrease in consumer willingness has further led to shrinking demand and slow -moving goods, making prices lower, and entering the vicious circle of "shrinking spiral". Similarly, even if the currency is not deposited in the bank itself, it can be appreciated (the purchasing power is getting stronger and stronger), people's willingness to invest, and social production will fall into the downturn. [5] Therefore, Bitcoin is a currency with a tendency to shrink. In the Bitcoin economy, the price price priced at Bitcoin will continue to fall. [1]
Bitcoin is a network virtual currency, with a limited number, but it can be used for cash: can be exchanged for currency in most countries. You can use Bitcoin to buy some virtual items, such as clothes, hats, equipment, etc. in online games. As long as someone accepts it, you can also use Bitcoin to buy items in real life. [1] [1]
On September 9, 2014, US e -commerce giant eBay announced that the company's payment processing subsidiary Braintree will begin receiving Bitcoin payment. The company has reached a cooperation with Bitcoin trading platform Coinbase and began to accept this relatively new payment method.
Although the eBay market trading platform and PayPal business do not accept Bitcoin payment, the travel house leasing community Airbnb and car rental service Uber and other brainTree customers will start accepting this virtual currency. BrainTree's main business is to provide enterprises with payment processing software. The company was acquired by EBAY at about $ 800 million last year.
On the evening of January 22, 2017, Huobi.com, Bitcoin China and OKCoin Coins successively issued an announcement on their official website that it would further suppress speculation and prevent price fluctuations. From 12:00 noon day, the transaction service fee is started. The service fee is charged at a fixed rate of 0.2%of the transaction amount, and the active transaction is consistent with the passive cost. [4] On May 5th, the latest data from OKCoin Coin.com showed that the price of Bitcoin has just refreshed history again, as of the highest level of 9222 points before the release. [8]
The founding character listening
On November 1, 2008, a person who claimed to be Satoshi Nakamoto posted a discussion statement on a secret cryptographic review group, and It states his new idea of electronic currency -Bitcoin was released, and Bitcoin's first transaction was completed. Bitcoin used to expose the spread of the general ledger to get rid of the restrictions of third -party institutions, and Satoshi Nakamoto called it "regional chain". Users are willing to dedicate the CPU computing power and operate a special software to be a "mininger", which will form a network to maintain the "regional chain" together. In this process, they will also generate new currencies. Sales are also extended on this network. The computer's computer truth is cracking irreversible code problems. These problems include several trading data. The first "miner" to deal with the problem will be rewarded by 50 Bitcoin, and the related trading area will be added to the chain. Following the addition of the number of "miners", the difficulty of each fan also improves, which keeps the Bitcoin productivity of each trading area maintained at about 10 minutes.
The Professor of Mathematics at Kyoto University
In 2009, Satoshi Nakamoto designed a digital currency, namely Bitcoin, and the Bitcoin market of wind and fire fell. The identity of Cong "Cong has always been a mystery. Rumors about the" father of Bitcoin "involve the mysterious aura of Bitcoin from the US National Security Agency to financial experts.
In foreign media reports, computer scientists Tednelson posted a video on the Internet on Sunday that he had confirmed that the founder of Bitcoin was the new one () at the Professor of Mathematics of Kyoto University. The founders of Bitcoin have always used the pseudonym of Satoshi (), and the Internet field has also launched a lot of speculation about its true identity. Nelson released a video saying that he had determined that Wangyue Xinyi was the real founder of Bitcoin. [9]
Wang Yuexin in 2013 was famous for proved ABC's conjecture. He was studying at Feli Putuktt College in high school, the latter is one of the most prestigious high schools in the United States, and graduated only two years later. Wang Yuexin entered Princeton University at the age of 16. At the age of 22, he left the school as a PhD and became a professor at the age of 33. Such a young man was very rare in the academic world. The superstar in this mathematical world may have broken one of the most important problems in the field.
The personal information left on the Internet, especially in the Internet, especially in recent years, almost completely disappeared, so his life has become a fan. On March 7, 2014, when the news of the founder of Bitcoin Dolian P. Nakamoto was found, it quickly became the most attractive news on the Internet.
I is different from the outside world that it may be a fictional name. "Nakamoto Satoshi" is a real name. He is a 64 -year -old Japanese American. He likes to collect train models. Fang, engaged in confidential work. In the past 40 years, Nakamoto has never used his real name in his life. According to the 1973 archives of the Los Angeles District Court, when he graduated from California State University of Science and Technology at the age of 23, he changed his name to Dorian Princetis Satoshi (). Since then, he no longer uses the name "Cong", but has used Dorians.nakamoto as a signature. [9]
In principle listening
In the essence of Bitcoin, the essence of Bitcoin is actually a special solution generated by a bunch of complex algorithms. Special solution refers to the group that can get unlimited (actually Bitcoin is a limited one) solution. And each special solution can solve the equation and is unique. [10] If the RMB is metaphorically, Bitcoin is the serial number of the RMB. You know the serial number on a banknote, and you have this banknote. The process of mining is to continue to seek special solutions for this equation group through a huge amount of calculation. This equation group is designed to be only 21 million special solutions, so the upper limit of Bitcoin is 21 million. [10]
Grazy increase
It to dig up Bitcoin can download the dedicated bitcoin computing tool, then register various cooperation websites, fill in the registered user name and password into the computing program, and then click the operation Just officially started. [11] After completing the Bitcoin client installation, you can directly get a Bitcoin address. When others pay, you only need to put the address to others by yourself, and you can pay through the same client. After installing the Bitcoin client, it will allocate a private key and an open key. You need to backup the wallet data you contain the private key to ensure that the property is not lost. If unfortunately, the hard disk is completely formatted, the individual Bitcoin will be completely lost.
Curning of monetary characteristics
decentralization: Bitcoin is the first distributed virtual currency. The entire network is composed of users and has no central bank. Decentralization is the guarantee of Bitcoin's security and freedom.
The circulation: Bitcoin can be managed on any computer accessing the Internet. No matter where he is, anyone can dig, purchase, sell or collect Bitcoin.
Exclusive ownership: Controlling Bitcoin requires a private key, and it can be isolated and stored in any storage medium. No one except the user can get it.
low transaction expenses: can be remitted for free Bitcoin, but in the end, a transaction fee of about 1 Bit bit will be charged for each transaction to ensure the faster execution of the transaction.
has no hidden cost: As a payment method from A to B, Bitcoin does not have a tedious limit and procedures. Know the other party's Bitcoin address can be paid.
The cross -platform mining: Users can discover the computing power of different hardware on many platforms.
advantages
The is completely centralized. Without issuing agencies, it is impossible to manipulate the number of issuance. Its distribution and circulation are implemented through open source P2P algorithms.
In anonymous, tax -free, supervision.
strong. Bitcoin depends entirely on the P2P network and has no distribution center, so it cannot be closed outside. Bitcoin prices may fluctuate and collapse, and multi -country governments may announce it illegal, but Bitcoin and Bitcoin's huge P2P networks will not disappear.
has no borders and cross -border. Cross -country remittances will pass through layers of foreign exchange control institutions, and transaction records will be recorded by multiple parties. But if you use Bitcoin transactions, enter the digital address directly, click the mouse, and wait for the P2P network to confirm the transaction, and a lot of funds will pass. No cross -border transactions will be left without any management and control institutions.
The cottage is difficult to survive. Because the Bitcoin algorithm is completely open source, anyone can download the source code, modify some parameters, and re -compile to create a new P2P currency. But these cottage currencies are fragile and easily attacked by 51%. Any individual or organization, as long as it controls a 51%computing power of a P2P currency network, can manipulate transactions and currency values at will, which will constitute a devastating blow to P2P currency. Many cottage coins are dying on this link. The Bitcoin network is already strong enough. If you want to control the 51%computing power of the Bitcoin network, the number of CPU/GPUs required will be an astronomical number.
Disadvantages
The vulnerability of trading platform. The Bitcoin network is strong, but the Bitcoin trading platform is fragile. The trading platform is usually a website, and the website will be attacked by hackers or closed by the competent authority.
The transaction confirmation time is long. When the Bitcoin wallet is installed for the first time, it will consume a lot of time to download the historical transaction data block. In Bitcoin transactions, in order to confirm the accuracy of the data, it will consume some time, interact with the P2P network, and get the transaction after being confirmed by the entire network.
The price fluctuations are great. Due to a large number of speculators involved, the price of Bitcoin exchanged cash like a roller coaster is ups and downs. Make Bitcoin more suitable for speculation, not anonymous transactions.
The public does not understand principles and the resistance of traditional financial practitioners. Active netizens understand the principle of the P2P network and know that Bitcoin cannot be manipulated and controlled. But the public does not understand that many people can't even distinguish between Bitcoin and Q coins. "No issuer" is the advantage of Bitcoin, but from the perspective of traditional financial practitioners, the currency of "no issuer" is worthless. [12]
The currency transaction listening voice
The purchase method
The user can buy Bitcoin, and at the same time, it can also use a computer to perform a large amount of operations according to the algorithm to "mining" Bitcoin. When the user "mining" Bitcoin, you need to search for 64 -bit numbers with a computer, and then compete with other gold rushing people by repeatedly solving the mystery. A set of numbers, then 25 Bitcoin will be obtained.
Since the Bitcoin system uses decentralized programming, only 25 bitcoins can be obtained every 10 minutes, and by 2140, the upper limit of the circulating bitcoin will reach 21 million. In other words, the Bitcoin system can achieve self -sufficiency, to resist inflation through coding, and prevent others from destroying these code.
The transaction method
Bitcoin is an electronic cash similar to e -mail. The two parties to the transaction need "Bitcoin Wallet" similar to email and "Bitcoin address" similar to email address. Like sending and receiving emails, the remittrizer uses a computer or smartphone to pay Bitcoin directly to the other party according to the address of the payee. The following table lists some websites for free download Bitcoin wallets and addresses.
The Bitcoin address is about 33 long characters composed of letters and numbers. It always starts with 1 or 3, such as "". Bitcoin software can automatically generate addresses, and does not need to exchange information when generating addresses, which can be performed offline [2]. There are more than 2 available bitcoin addresses. Visible in the world, there are about 2 grains of sand in the world. If there is a earth in each grain of sand, the total number of bitcoin addresses far exceeds the number of sand on all these "earth".
The Bitcoin address and private key are paired, and their relationship is like a bank card number and password. Bitcoin address is used to record how much bitcoin you have on this address like a bank card number. You can generate the bitcoin address at will to store Bitcoin. When each bitcoin address is generated, there will be a corresponding private key for the address. This private key proves that you have the right to Bitcoin on this address. We can simply understand the bitcoin address as a bank card number, and the private key of this address is understood 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 save your address and private key when using the Bitcoin wallet.
The transaction data of Bitcoin was packaged into a "data block" or "block" (block ", and the transaction was initially confirmed. After the block link reaches the previous block, the transaction will be further confirmed. After receiving 6 blocks confirmed in a row, the transaction was basically confirmed reversed. Bitcoin peer -to -peer network stores all trading history in "blockchain" (). The blockchain continues to extend, and once the new block is added to the blockchain, it will not be removed. The blockchain is actually a group of decentralized user -end nodes, and a distributed database composed of all participants is a record of all Bitcoin trading history. Satoshi Nakamoto predicts that when the amount of data increases, users hope that these data will not all store their own nodes. In order to achieve this goal, he uses the introduction of a latency function mechanism. In this way, the user terminal will automatically eliminate those parts that they will never use, such as the extremely early Bitcoin transaction records.
The consumption method
The websites for technology players have begun to accept Bitcoin transactions. Websites including MTGOX, BTCCHINA, and some Taobao stores can even accept services such as Bitcoin and USD, euro and other services. There is no doubt that Bitcoin has become a real currency instead of virtual currency like Tencent Q coins. There are already special Bitcoin third -party payment companies abroad, similar to domestic Alipay, which can provide API interface services.
The money can be used to buy bitcoin, or it can also be used as mining people. "Millet" can be used to search for 64 -bit numbers with a computer. By repeatedly decrypting with a computer, competing with other gold rushists, providing the required numbers for the Bitcoin network. If the computer can successfully create a set of numbers, 25 Bitcoin will be obtained. Bitcoin is decentralized. It is necessary to create a fixed number of Bitcoin within each unit's calculation time. It can get 25 Bitcoin every 10 minutes. By 2140, the upper limit of the circulating Bitcoin will reach 21 million. In other words, the Bitcoin system can be self -sufficient, translating into codes to resist inflation and prevent others from destructing.
The payment cases
While the investors are chased crazy, Bitcoin has been accepted by individual businesses in reality. A restaurant in Beijing opened Bitcoin payment. The restaurant located in Chaoyang Yuecheng said that the shop has received Bitcoin payment since the end of November 2013. At the end of the meal, consumers can transfer a certain amount of bitcoin to the store account to complete the payment. The entire process is similar to bank transfer. The restaurant settled a meal of 650 yuan with 0.13 Bitcoin. [13]
In January 2014, OverStock began to accept Bitcoin, becoming the first large online retailer to accept Bitcoin. [14]
Bitcoin was created by Satoshi Nakamoto, (almost sure) is a pseudonym. So far, no one can accurately exact Bitcoin with a real person or a group of people. Link. Satoshi Nakamoto disappeared from the Internet in 2011, and almost no clue they might be. Over the years, many people have publicly declared that they are Satoshi, but they have not supported this statement with indisputable facts.
At the early Bitcoin Forum, Satoshi said that they started studying Bitcoin in 2007, two years earlier than the first block. On January 3, 2009, the first block of the Bitcoin blockchain -the Genesis block was mining. Satoshi Nakamoto is the miners of the Genesis block and received the first batch of 50 Bitcoin invested in circulation. However, the reward of the first block cannot be paid because the expression of the creation of the century in the code is a bit strange. Bitmex studied an analysis of early mining of Bitcoin and concluded that "some people" were mining of 700,000 Bitcoin. Although many people think this is Satoshi, the official has not confirmed it.
Pevity can only imagine that if their identity is exposed, what kind of reputation will Nakamoto get, let alone the huge wealth they will collect (even though Sato did not seem to spend any coins they should mining). Over time, many people have claimed that they are Satoshi, and others have been imposed.
The false claims
one of the most famous examples of Satoshi is Craig Wright, Australian scholar. As early as 2015, Wright tried to show the public that he was the inventor of Bitcoin inventor, but he did not succeed to this day. In fact, his "evidence" is proven forged.
why Satoshi must be anonymous
The first creator in the world, which can be said to be anonymous, because the essence they created Essence After creating an agreement without a failed center point, Satoshi Nakamoto may have realized that maintaining anonymity may eliminate the last failed center point that Bitcoin may exist: the person who creates it. To remove a single identity that may be associated with Bitcoin, it will remove any one -sided holes that may affect the political, rules or decisions that may affect the Bitcoin community.
No matter who Satoshi is, they are undoubtedly the genius of our time. The Bitcoin Agreement provides economic incentives in all appropriate places, and provides a special solution for General Byzantine. Nakamoto uses the concepts of cryptography, mathematics, game theory and economics to create a beautiful design -also the world's first -digital scarce asset -Bitcoin.
The inventor of Bitcoin is a Japanese named Nakamoto. On January 3, 2009, the first batch of Bitcoin in the world was born, and digital currencies were officially born. Digital currencies were until the end of 2013 until the end of 2013 The price rose rapidly, from about $ 10 in the early period to more than 900 US dollars. In 2016, Bitcoin's popularity really rose, and the prices soared all the way, known as "digital gold". Why is Bitcoin so valuable?
1. Mining is difficult. Bitcoin mining needs to perform specific operations. The cost cost is high, and the early material investment in the early stage is also very large.
2. Bitcoin has currency attributes and trusted by the market. The encryption algorithm of Bitcoin is difficult to crack, ensuring its uniqueness.
3. The Bitcoin trading market is highly transparent. The market price is open and transparent, and it is convenient and fast in circulation and transactions in virtual digital goods.
4. Some countries recognize that some policies of the state and digital currencies in bitcoin and digital currencies will undoubtedly stimulate Bitcoin prices.
The items are rare, Bitcoin is relatively rare. At present, the mining difficulty of comparison coins is very difficult, the impact of supply and demand relationship, the situation of supply and demand in the market, etc. These undoubtedly have a great effect on the price increase. Care for friends who earn Bitcoin on the trading platform.
Bitcoin is a P2P form digital currency. Point -to -point transmission means a decentralized payment system. In 2009, the concept of Bitcoin was proposed by the Japanese Nakamoto. Bitcoin was unimaginable from the beginning to the present price. Why is Bitcoin so valuable?
It briefly talk about it below.
Bitcoin mining machine runs a special program, and after running, you can get a similar task reward Bitcoin after running. Now the production of bitcoin is very low, and about 3,600 new coins are produced per day, with a limited number; Bitcoin mining price is high. Since Bitcoin is hot, the professional mining machine is about 10,000 yuan in the low price. The price is now the price. More than 300,000 are expensive, and the early equipment investment requires a lot of financial resources; long mining time, Bitcoin mining is a specific complex operation, the consumption time is very long; In addition to losses, a large amount of electricity consumption will be consumed. The daily power consumption of the global mining machine in the world can reach 188 million kilowatt -hours, which is equivalent to one percent of China's daily power generation. The number of Bitcoin is still increasing. Some institutions have evaluated that Bitcoin mining power consumption will exceed the US power consumption in 2019.
The price of Bitcoin has always been a relationship between the media. Here I remind everyone that the price of Bitcoin has risen rapidly, the whereabouts will be fast, and the risk is high. Friends who want to buy Bitcoin to make money must be cautious.
It for many days, Bitcoin borrows the "ransom" virus rolls and turns on the rag away mode that has known each other. This virtual currency called "digital gold" has skyrocketed 3 million times in 8 years, and even Chinese aunts have entered the market. Some people think that this is a drum -drumming game. Some people firmly believe that Bitcoin will become scarce assets, and some people say that it will be a node that flashs in the long history, and most people don't understand it, just amazing in another round of wealth.
Is Bibitou thinks who created Bitcoin? The inventor of Bitcoin has not been concluded. It is generally said that the Japanese "Satoshi Nakamoto". On January 3, 2009, the first batch of Bitcoin in the world was "dug". This digital currency designed by a person code -named "Satoshi Nakamoto" was officially born. It is suspected to be "Satoshi Nakamoto". In 2014, the authoritative media of the United States revealed that the Japanese American physicist named "Satoshi Nakamoto" was the legendary "father of Bitcoin", but the old professor firmly denied it. The picture shows the rare appearance of Satoshi Nakamoto being besieged by the media, constantly covering the camera, and denied any connection with Bitcoin.
In May 2016, Australian engineer and entrepreneur Craig Wright publicly showed that he was the creator of Bitcoin -Satoshi Nakamoto. But in just a few days, White himself "surrendered" and issued an apology letter saying that "no key evidence" prove himself. Although Satoshi Nakamoto was nominated as a candidate for the 2016 Nobel Prize in Economics, his real veil has not been fully revealed. Photo: BBC (from: Tencent Picture)
and after the relationship with Bitcoin, Craig White was stared at by the police. The picture shows the Australian Federal Police and tax personnel search for White's residence and office. The latter's Bitcoin -related business has tax issues. According to media reports, the mysterious character "Satoshi Nakamoto" holds more than 1 million Bitcoin in hand, according to the current RMB 15,000 yuan, his worth of more than 15 billion yuan. According to the initial strict design, the total amount of Bitcoin was limited to 21 million pieces, and about 14 million pieces have been mined. Picture: Reuters
Zhong Cong, I do n’t know his true body