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wholesale nautical costume jewelry The concept of Bitcoin
Bitcoin was initially proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009.
The open source software and constructed P2P networks based on Satoshi Nakamoto's thinking. Bitcoin is a P2P form of digital currency. Bitcoin's transaction records are open and transparent. Point -to -point transmission means -a decentralized payment system.
. Unlike most currencies, Bitcoin does not rely on specific currency institutions. According to specific algorithms, it is generated by a large number of calculations. Record all trading behaviors and use cryptography design 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 the Big Star manufacturing 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 total number of Bitcoin is very limited and is scarce. The currency system has only exceeded 10.5 million in 4 years, and the total number will be permanently limited to 21 million.
. In June 2021, Salvador passed the Bitcoin Act of the Salvador Bitcoin Law in the country to become a legal currency in the country. On March 7, Bitcoin officially became the legal currency of Salvador and the first country in the world to give digital currencies legal status.
On September 24, 2021, the People's Bank of China issued a notice of further prevention and disposal of the risk of hype of virtual currency transactions. The notice states that virtual currencies do not have the same legal status as legal currency.
On November 10, 2021, the price of Bitcoin reached a record high, with nearly 69,000 US dollars per/for the first time.
. Development process
2008 broke out in the global financial crisis. On November 1, the same year, a person who claimed to be Satoshi Nakamoto published a Bitcoin white paper "Bitcoin: — species — species — species: "Point -to -point electronic cash system" stated his new idea of ​​electronic currency -Bitcoin came out. On January 3, 2009, Bitcoin Creation Block was born. Compared with the legal currency, Bitcoin does not have a concentrated distribution party, but is generated by the calculation of the network node. No one can participate in the manufacturing Bitcoin, and it can be circulated around the world. No matter where they are, anyone can dig, purchase, sell or collect Bitcoin, and foreigners cannot identify user identity information during the transaction. On January 5, 2009, Bitcoin was not controlled by the central bank and any financial institution. Bitcoin is a digital currency, which is composed of a string of complicated code generated by a computer. The new Bitcoin is manufactured through the preset program.