Chapter 857

It is such a mechanism as a reward. What if the computing power of Moore’s Law computer keeps improving?

The program will also automatically increase the difficulty of the math problem and ensure that the problem will take at least 10 minutes to be solved. This will control the speed of bitcoin generation, but you have to pay attention, this math problem is not It is randomly derived from the data of bitcoin transactions in the community. Every 10 minutes, the software will package this data of the transaction that took place in a very complex mathematical method into a mathematical problem. Send it to all computers in the community to let them go to the competition to solve the problem. Then this problem has a feature to calculate, and it is easy to verify the trouble. When a person solves this problem, he will broadcast the answer to the whole community. .

If more than half of the leaders say alas, forget it, this buddy can be counted, then it proves that the transaction is true and effective, and the first person to calculate will get this batch of bits The reward of the currency. It’s a bit convoluted, in fact, give an example. Then I understand. If Li Lei wants to transfer 5 bitcoins to Han Meimei, then its logic should be divided into three steps. Step 1, that is, Lin Lei yells that Li Lei transfers 5 bitcoins to 5 on a certain year, a certain day, and a certain day. The sentence of a bitcoin to Han Meimei will be packaged into a question by this bitcoin software. The question of sending to the computer made by the community contains two important contents. Li Lei is trying to send the 5 bitcoins. Is it his own? Is there any one on this kid’s account lower than him? Is he talking about awesome?

In the second part, all the computers start to solve the problems. Is this person the first one to calculate? This answer will be broadcast to the entire community, but when more than half of the computers have approved this answer, it can be judged that this is the correct answer, and the transaction is valid. I haven’t played part 3 yet, the first computer just answered Yes, the answer is correct. This computer will officially record the transaction information on the electronic ledger. Li Lei transferred it to the electronic ledger, and transferred 5 bitcoins to Han Meimei, and then all in the community The computer will update the ledger with this thing. Then this ledger has a scientific name called a block and a block, connected in chronological order, the word we heard is called blockchain, then What are the benefits of this practice of keeping accounts together?

That is that the transaction cannot be forged, and a bitcoin will not be lost from the moment it was dug out. His circulation path is recorded in the blockchain, everyone is exactly the same Ah, even if a person accidentally falls into the water, you can still check other people’s records. If someone wants to tamper with the record, change 5 bitcoins to 8 bitcoins. According to the principle that the minority obeys the majority in the Bitcoin program, he has at least 51% of the Bitcoin community counts as the computer, so that the entire community can agree with this transaction. This is called 51% kilograms, or 10 kilograms in total, so now Bitcoin. There are more and more miners, and the computing power of the entire community is getting stronger and stronger. This kind of thing is becoming more and more impossible. So, it can be said that the security of this Bitcoin is almost the same as the algorithm, so some people may I have to ask, now it’s pretty good to spend ordinary money, why do you have to come out a whole bitcoin that is a moth? right? What about Bitcoin?

How does it compare to traditional currencies? He has two months to go first? It is Bitcoin that will never be inflated. How does inflation come about? In many cases, it is because the central agency that controls currency issuance has not controlled and used too much money, right? The gold content of every dollar of your money naturally drops, right? So money is busy, but we mentioned the number of bitcoins earlier, it is 21 million. This is written in the code. No one, no organization can print more currency. For example, in the past eight years Argentina has encountered a financial crisis. The profile picture is not as serious as usual. You have to save the money in the bank for less than half of the year’s depreciation and go to someone else’s store to buy a bottle of soda for one dollar and it is affected by inflation. , I have seen that the price of this product has changed very quickly. It is said that in the Argentine store, there was usually a person hanging out on the street all day. Why?

According to the rapid changes in the price of the peso, quickly re-mark the price. In this case, the Argentine’s own peso does not have the effect of moisturizing at all. It is said that we are living in dire straits, and the process of exchanging dollars is also very troublesome, and it also requires high handling fees. So if you look at this situation, the value of Bitcoin will stand out. What about another one? , Is also the most attractive part of Bitcoin, that is its decentralization, it does not need any third-party intermediaries like banks, it will make payment safe and free, cheap and safe? ..