Satoshi - The smallest unit of Bitcoin

Bit satoshi make the earth more like one of the world

Solve the Internet information island, let the earth become a country.

How to use Bitsatoshi Wallet?

Blockchain - Traders

Bitcoin - Pizza

Blockchain - Bitcoin

The development of Bitcoin

The use of cryptographic methods makes it possible to secure payments without the need for slow and expensive middlemen. A bitcoin transaction can be much cheaper than other alternatives and can be completed in a short time. This means that Bitcoin has the potential to become a common method for any money transfer in the future. Bitcoin could also help alleviate poverty in many countries by cutting high transaction fees on workers' salaries.

Bitsatoshi's future

Automated services are often used to deal with the costs and limitations of cash or credit card payments. They include everything from bus ticket booths to coffee machines. Bitsatoshi is suitable for the next generation of automation services ,And can cut their operating costs. Imagine a driverless taxi, or a store where a shopping basket can be paid for without waiting in line. Many ideas are possible.

Interplanetary ecological chains

Through the blockchain, all global payments can be fully interoperable. Bitsatoshi allows any bank, business or individual to make and receive payments securely anywhere, anytime, regardless of bank account. Bitsatoshi is available in many countries where most payment systems are not available due to their own limitations. Bitsatoshi strengthens the global business connection, will promote the international trade prosperity.It also provides technical guidance for interplanetary payment

Bitcoin is an innovative payment network, a new kind of currency.

Bitcoin is based on P2P technology and does not require a central regulator or bank. Transaction management and bitcoin issuance are unified by the Bitcoin network. Bitcoin is open source; The design is public, so no one can own or control the Bitcoin network, and everyone can participate. Thanks to its unique features, Bitcoin makes possible exciting USES that were previously impossible for any payment system.

The Bitcoin protocol is more than just transferring money from A to B. It has many features and presents many possibilities that are being explored in the field. Here are some of the technologies that are currently under research, and some that have been translated into real products and services. Perhaps the most exciting USES for Bitcoin have yet to be discovered.

Satoshi Nakamoto Bitcoin Founder

Hodlonaut An early participant in Bitcoin, The Lightning Network trusts the torch initiator

Gavin Andresen The Chief scientist of the Bitcoin Foundation is also the arbiter and architect of the Bitcoin community, and is responsible for coordinating the optimization of bitcoin's core programs

Address

More than 20 million addresses had BTC worth more than $1, more than 8 million addresses held Bitcoin worth $100 or more, and the number of addresses with one OR more BTC was 737,262, with a total of more than 17 million BTC worth more than $200 billion.

The user

There are now 32 million bitcoin users. By 2024, that number is expected to increase by 525 percent. According to a report, experts predict that the index of bitcoin users will increase from 32 million this year to 200 million in the next five years.

Open source

Bitcoin is an innovative payment network that operates on PEER-TO-PEER technology without the need for a central authority or a bank. Transaction management. Bitcoin is open source; No one can own or control the Bitcoin network; everyone can participate. Thanks to its unique features, Bitcoin makes possible exciting USES that were previously impossible for any payment system.

Ecological

Tech companies around the world have launched their own wallet apps, including lightweight wallets and offline wallets, to carry users' Bitcoins. Tens of millions of miners around the world work around the clock in blocks to confirm trading data along the chain.

Contribution

The whole network has contributed over 40,000 codes on Github. Over the past decade, bitcoin enthusiasts around the world have been working hard to submit relevant codes for joint maintenance and cooperative innovation.

Active

Since its inception, there have been many interesting products around Bitcoin. In the cryptocurrency space, as the market has grown, there have been more derivative products based on Bitcoin. For example, bitcoin contracts are traded. Exchange traded notes (ETNs) and exchange traded funds (etfs).

Copy

Bitcoin is a digital cash transfer system that has been followed by millions of enthusiasts around the world. In the process of development, many project parties in various countries have followed the example and launched their own public chain, but it still cannot replace the dominant position of Bitcoin in digital currency.

Against

Bitcoin was born out of the financial crisis and inflation, and is inherently very confrontational. Block chain data cannot be tampered with, powerful computing power. No matter where the attack comes from, it cannot shake its position in the world.

Security

Bitcoin mainly USES two cryptographic algorithms to ensure its security: ECDSA and SHA256 hash algorithm. ECDSA is a digital signature algorithm based on ECC, which is mainly used to generate random secret key pairs (public and private keys), while SHA256 is used to implement the workload proof mechanism (PoW) and calculate the address through the public key.