BTC means Bitcoin.
1. Bitcoin is a global trading tool, which encrypts electronic money, and users are completely independent. Bitcoin is a P2P digital currency. Point-to-point transmission means a decentralized payment system.
2. The concept of Bitcoin was first put forward by Satoshi Nakamoto in 2009. Unlike most currencies, bitcoin is not issued by a specific monetary institution, but is generated by a large number of calculations according to a specific algorithm.
3. Bitcoin economy uses the distributed database composed of many nodes in the whole P2P network to confirm and record all transaction behaviors, and uses cryptography design to ensure the security of all links in currency circulation. The monetary system did not exceed105,000 for four years, and then the total will be permanently limited to 2 10/05,000.
4.2011June, a hacker transferred 25,000 bitcoins to his account, equivalent to 500,000 dollars. The whole transaction is untraceable. Although the owner of Bitcoin announced the theft on the Internet, it was useless. This hacker became the first thief of Bitcoin.
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The difference between btb and btc
1. Different objects. BTB is between enterprises, such as Alibaba. E-commerce is the concrete and main form of modern BTB marketing. Zhuoyue, Dangdang and JD.COM are all individual enterprises of BTC.
2. The values and frequencies are different. Generally speaking, BTC consumers may buy two or three items at a time, but in BTB transactions, it is common for buyers to buy hundreds of items at a time.
3. The approval process is different. BTB has a large order, and one of the results is stricter approval. Usually, BTC transactions only involve consumers, while BTB transactions will have several stakeholders, including subscribers and financial buyers.
4. Different payment methods. BTC payment is very simple and online payment is very popular. BTB platforms usually have customized payment methods, such as net30, Net60 and purchase orders. Therefore, BTB enterprises should provide as many payment methods as possible to meet the requirements of customers.