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1 thought on “wholesale alabama crimson tide jewelry Recently, I have always seen the word Bitcoin on the Internet. What exactly is Bitcoin?”
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silver seasons jewelry wholesale A virtual currency, but it is not a currency, it can only be counted as an asset. The essence is a string composed of 256 numbers and letters. Difficulty, such as n = 5, then Bitcoin is 00000 ....... 256 string.
Bitcoin is a specific string generated by the hash function two or two collisions. It can also be said that it is a special solution of the hash function. There are only 21 million special solutions, so the total amount of bitcoin is only 2100 Wan (strictly less than 21 million), theoretically, a very good hash function is basically impossible to collide successfully, so the miners can only pile up power in order to find Bitcoin. Sometimes you can find Bitcoin once you can find it once, and sometimes you ca n’t find Bitcoin in one day.
The function of Bitcoin lies in payment, but payment must be supervised in my country to be considered formal, otherwise it will be suspected of violations. Bitcoin is not easy to track because of its cryptographic mechanism, and it is not subject to any state supervision. , So it is convenient for people to wash money, which is illegal. The bottom layer of Bitcoin is the blockchain, and the blockchain is distributed storage, which can better protect the data without being lost.
The virtual currency, generated by complex algorithms, is limited.
How to get it? It can be mine and generated by algorithm. There are miners on the Internet, and they eat graphics cards. However, multiple manufacturers said that many graphics cards will not support mining. It can also be obtained through transactions. Take a look on the Internet. Now it is more famous for Huocoin, but my country is suppressing this transaction. I think about
Bitcoin is more special coins!