Today, the content that the editor is going to teach you about popular science is Bitcoin. I believe that the vast majority of the people find it difficult to understand what Bitcoin is
Today, the content that the editor is going to teach you about popular science is Bitcoin. I believe that the vast majority of the people find it difficult to understand what Bitcoin is. Talking about Bitcoin is like telling the people of the 1980s what the internet is. If they are told that they can buy things through the internet, they will not believe it.
Let's follow the editor to learn about Bitcoin.
The Origin of Bitcoin
Bitcoin is a peer-to-peer cryptocurrency implemented using blockchain technology. In 2008, it was proposed by a person under the pseudonym Nakamoto Cong and officially launched in 2009. Due to its stability and reliability, it has been highly sought after by everyone.
The Application of Bitcoin
Bitcoin (Bitcoin: Bitcoin) was originally a type of online virtual currency that could purchase items from real life. Its characteristics are decentralization, anonymity, and can only be used in the digital world. It does not belong to any country or financial institution, and is not subject to geographical restrictions. It can be exchanged anywhere in the world.
Transferring Bitcoin to the other end of the Earth is as simple, low-cost, and unrestricted as sending an email. Therefore, Bitcoin is used in cross-border trade, payments, remittances, and other fields.
The difference between Bitcoin and currency
Bitcoin does not require a specific currency issuer, but instead uses special algorithms such as Hash Merck tree to calculate and generate. Due to the algorithm and decentralization characteristics, there is no need to worry about being manipulated by humans. Based on cryptography, it can only be transferred or paid by the true owner, and the entire process is completely anonymous.
Access to Bitcoin
You only need to "mine" or purchase Bitcoin from others through the Bitcoin network to obtain Bitcoin. The term 'mining' here refers to using a computer to solve a complex mathematical problem. By solving the problem, one can receive a corresponding Bitcoin reward. The Bitcoin network will adjust the difficulty of the problem to 10 minutes for solving a problem,
How to obtain real and effective Bitcoin
The Bitcoin network, based on the implementation algorithm of blockchain, generates a block containing all transaction records that have occurred in a recent period of time for each answer, and then sends it to all nodes in the Bitcoin network to account for the entire network. After completing the task, the computer will automatically generate Bitcoin.
Can Bitcoin be produced indefinitely?
The total amount of Bitcoin, like gold, is limited, with only 21 million Bitcoins, and half of them were already dug up in 2013. In the Bitcoin network, there are special restrictions, with rewards halved for every 210000 blocks generated. At the beginning, each block was rewarded with 50 Bitcoins, and 210000 blocks were equivalent to 10.5 million Bitcoins. Each block takes 10 minutes to generate, and 210000 blocks are equivalent to 2.1 million minutes, which is 4 years. Every 4 years, the number of rewards gradually decreases from 50 to 25, 12.5, 6.25, and so on. This is an equal ratio sequence, and if these are accumulated, the limit value of 21 million will be obtained.
The Application of Bitcoin in Real Life
In real life, Bitcoin is not only valued as an innovation, but also continuously attempted as a payment tool.
What is Bitcoin "won the third prize in the" 2017 Micro Video Competition ". The competition is supported by the Beijing Municipal Commission of Science and Technology, and the award-winning works will be showcased in Beijing for science popularization.
What is Bitcoin Video URL:
https://v.qq.com/x/page/o0776q0z0mc.html
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