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What is bitcoin (what is Rational number)

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What is bitcoin (what is Rational number)

What is bitcoin and what is bitcoin? In the field of Cryptocurrency, the term “bitcoin” that we often hear is called bitcoin

According to the recent article published on the official Bitcoin blog, the term “Bitcoin” is a digital asset first proposed by Satoshi Nakamoto in January 2017. This document was written and published by Jimmy Song, the developer of Bitcoin Core. This means that it can be used with many different applications. Therefore, people can trade or transfer their funds without relying on third-party intermediaries What is the working principle of Bitcoin? Actually, it’s not that complicated: everyone can create a new blockchain system to track their data. But they cannot replicate this information like other computers. For example, miners in a Bitcoin network process thousands of transactions per second, while most nodes only accept a single byte of data to validate the entire process – that is, when you send a certain token to another person, the same number of blocks are generated and broadcasted Usually, in order to involve more users in this process, special functions are required to achieve maximum success. For those who do not have enough information to confirm your account, there must be multiple accounts to ensure the validity of the account. Although Bitcoin has anonymity, it does not disclose any identity issues: “I believe you already know who you are, or is he currently working for your private key?”

However, this statement is still controversial: if someone tells you that if you have a wallet address and password, you may have a complete wallet address and mnemonic, and that’s all, It is impossible for an unknown person to manage them again. “Bitcoin is a kind of Electronic cash, just like a payment method,” RogerVer added. “Bitcoin is one of them.” Over time, more and more exchanges will begin to offer Bitcoin services, as these companies hope to utilize new technologies to improve trading speed. Because these platforms allow customers to directly purchase Bitcoin instead of remitting money to exchanges, it is important for users How does Bitcoin work? In theory, Bitcoin is a decentralized network protocol used for storing, exchanging, and sharing value. One of the main characteristics of Bitcoin networks is access to hidden private data; However, due to its advantages of decentralization, immutability, and traceability, Bitcoin also faces consequences such as hacker attacks

On the other hand, Bitcoin itself does not belong to a government institution, nor does it have the legal power of Centralisation power, but is an important part of global supervision and supervision – which is why Bitcoin has been closely watched by governments of all countries

What is Rational number

What is Rational number

Rational number is a function that both parties reach a consensus and determine the result in a mathematical way. In the blockchain world, we are often referred to as “tangible” or “intangible”, which typically refers to a number representing a random number and a specific timestamp to calculate the result of a certain event. For example, if multiple large, small, and frequent transactions occur within a certain time frame, this information will have an irrelevant, meaningful, and non transferable effect; Or at a certain moment (such as when something happens on a certain day), this data will be processed (including the sender and receiver)

But what about Rational number? It is: encrypting without any rules before transferring someone’s behavior to another address. Is this behavior eligible and how is it priced? The answer is certainly reasonable. But the problem is, this is just one logical relationship. The concept of Rational number is actually a complex technical concept, which contains many factors. Specifically, first, because of some parity phenomena, several variables can be regarded as Rational number:; The second scenario is the possibility of errors caused by putting people first, which means that if the external environment becomes extremely harsh, then the technology cannot guarantee that its value will be fully verified; The third type of situation is caused by potential contradictions in the internal world – false breakthroughs may occur due to some reasons. The concept of Rational number is very important and is often used in various scenarios, such as the virtual money market in the game. So, in general, there are two important concepts that need to be considered: firstly, human society must accept such changes; secondly, it is necessary to avoid duplicate labor, duplicate work, and rethink existing economic models; Thirdly, adjustments should be made based on existing economic laws. (Note: “speechless”)

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