Is Bitcoin a Fraud?
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In recent years, bitcoin has become popular all over the world. I heard that there are too many legends about Bitcoin, and the contents of these legends are almost all rising! It's skyrocketing again! The hyperbolic cosine of. The hyperbolic cosine of. Bitcoin is naturally the object of cooking for players. By 20 1 1 March, it was less than 1 USD, and by February of 201July, it was close to 20,000 USD at the highest. In the crazy frenzy, the accusation of bitcoin fraud has intensified. Bitcoin used to be.
The History of Bitcoin in China
Bitcoin entered China after its birth. Until February 20 13, 13, the central bank issued the Notice on Preventing Bitcoin Risks, and the domestic public only knew about its existence. However, this warning did not affect the growth of Bitcoin at all. In the next four years, the popularity of Bitcoin transactions increased. As of September 4, 20 17, the state has issued the Announcement on Preventing the Financing Risks of Currency Issuance. Due to the prevalence of speculation, disrupting the economic and financial order, all kinds of token issuance and financing activities must be stopped immediately. At this point, the transaction of Bitcoin in China ended.
The hidden value behind bitcoin
Although the controversial bitcoin has no orthodox currency identity, it has caused a wave of information technology, and the rise of blockchain technology has aroused widespread concern, bringing far more glory to bitcoin than currency.
The concept of blockchain first appeared in Satoshi Nakamoto's paper Bitcoin: Peer-to-Peer Electronic Cash System. Blockchain is the supporting technology of Bitcoin and the latest basic technology of cryptocurrency. Using blockchain information security technology can provide a solution based on cryptography, distributed system and peer-to-peer network communication, change the traditional trust mode of central service, and better solve the credit and security problems through the signature algorithm of mathematical demonstration.
Is Bitcoin a Fraud?
Different from the economic value of Bitcoin, blockchain technology has now become the darling of finance, securities, retail, medical care, manufacturing and Internet of Things. Everyone is talking about blockchain, but few people in China can really set foot on blockchain and provide blockchain business ecological construction services. At present, only companies such as Baidu, Ant, Tencent and Zifang can provide complete blockchain development services. Blockchain technology from Bitcoin may be the real value of Bitcoin.
Development direction of blockchain
Bitcoin pioneered the centralized cryptocurrency. While proving the feasibility and security of blockchain technology, Ethernet and graphene blockchain systems were also born.
Ethereum Plaza is a public blockchain platform with intelligent contract function. Nowadays, many centralized applications in the market are developed based on Ethernet Plaza. Graphene adopts DPOS consensus mechanism and can handle millions of transactions per second. Compared with Bitcoin and Ethernet Plaza, graphene technology has achieved high concurrency and a large number of transactions in blockchain applications. In addition, graphene technology is extremely stable and the transaction security is higher. Compared with Ethernet Plaza, graphene represents the future development direction of blockchain technology and can handle the real commercial level.