Bitcoin was first proposed by Satoshi Nakamoto on November 1, 2008, and was officially born on January 3, 2009.
According to Satoshi Nakamoto's ideas to design the release of open source software and the construction of P2P network on it.
Bitcoin is a virtual cryptographic currency in the form of peer-to-peer, peer-to-peer transfers meant to be a decentralized payment system.
The value of Bitcoin:
1. As a kind of virtual currency, Bitcoin is limited in number, but it can be converted into the currencies of most countries, which is the biggest value of Bitcoin at present.
2. Bitcoin can be used in games to recharge and buy equipment. In the virtual world, the value of bitcoin is greater than that of real currency.
The Meaning of Bitcoin:
1. The original intention of the designer was to establish a free, centrless and orderly world of currency trading. The emergence of Bitcoin realized the designer's idea.
2. The computing time of Bitcoin is infinite, while human life is limited, which maintains the long-term and eternal development of Bitcoin to a certain extent.
3. Cryptography ensures the security of Bitcoin, and at the same time, it is well utilized and packaged.
How Bitcoin works:
Unlike real money, bitcoin is not issued by a specific currency institution. Instead, it is generated through a large number of calculations based on a specific algorithm.
By its very nature, Bitcoin is a particular solution generated by some complex algorithm.
Each particular solution solves the equation and is unique, so if you solve it you have this particular currency.
Through the definition and properties of the currency, we can learn that the currency is an encrypted digital currency, payment flow is its main function, different from the traditional cash, it is virtual, is produced by a string of characters, according to the specific algorithm can flow without borders, and it is decentralized, people cannot control, and through the cryptography ensures that the security and anonymity, the centralized in our world is a big innovation, because of the currency has these attributes, perfect make up for the traditional currency in international trade problems such as long cycle, high cost, conversion of trouble. In international trade and some other transactions, people choose Bitcoin as the payment method. Because of its own characteristics and circulation value, it can be said that Bitcoin has reformed a kind of trust transmission carrier and medium.
The IXX Exchange, the world's first digital asset trading community, supports Bitcoin, Cardano, OMG, Bitcoin Cash, Ethereum, Binance Coin and hundreds of other cryptocurrencies to meet the needs of all users.
Because of the currency in real life there are a lot of use value, and is based on block chain technology and the birth of new things, and by many individuals and investment institutions, also let the currency from birth in 2008 rose to $0.017632 on December 17, 2017 - year history top $19850, close to 2.7 million times, which is unique in the history of the world economic development.
However, after sorting out the development path of Bitcoin, it will be found that its price fluctuates greatly. As an emerging thing or industry, it is a very emotional market, which is full of potential and infinite possibilities. It is also because of the initial stage, the market is immature and the relevant laws and regulations supervision is not perfect, full of uncertainties. Buying Bitcoin is nothing short of a venture capital investment. The new technology will bring us a lot of expectations in the future. Maybe what we need to do is to get familiar with this emerging industry, treat it rationally, make careful investment, act according to our ability, and become an industry expert through continuous learning to be a winner in life. More: https://ixxex.me/user/register/?Invitor = 5849348