Metaverse Insights

When did Bitcoin start burying people? It is said that on July 1, 2011, miners dug out the first block (about 200 million) and then split the second batch of blocks to the current fourth block (about 100000) In the 12 months of 2013, a man named “Satoshi Nakamoto” suddenly found that the project had great potential and had successfully completed the Genesis mining. However, since so many currencies and codes had not been mined at that time, it later emerged that at the earliest time, an address had conducted a transaction through the exchange in August 2015, and then the price fell due to the failure to transfer smoothly for various reasons, Now this wallet is the so-called “Satoshi Nakamoto Cong”, so they decided to sell some tokens in the first block directly During this period, many people, except Satoshi Nakamoto, were not involved in any bitcoin mining projects, including those start-ups that had done something similar to the…

What is Bitcoin called a five day moving average? What is the upward trend of the five day moving average? Why is Bitcoin said to be a cyclical relay, rather than a currency operating within the cyclical center In the past few decades, technically, price fluctuations have been increasing, and market participants are gradually realizing this – the emergence of the five day moving average is good news for BTC; But if you take this news as a reference, you will find that it is not a once and for all thing: since May 19th, prices have been declining until 4 pm this afternoon before falling again. In the past week, the price of Bitcoin has rebounded by over 50% (approaching 40000 so far) and has continued to rise, but this situation will not continue According to standard consensus research, Bitcoin’s trend will show exponential growth over the next five years. Bitcoin experienced a significant rebound shortly after breaking through…

When will Bitcoin production halve? With the decrease in blockchain rewards and the rise in Bitcoin prices, more and more people are paying attention to the upcoming round of mining difficulty adjustment (Bitcoin DifficultyReduction) According to the latest data statistics from BTC.com, currently 6 nodes have achieved mining computing power exceeding 1EH/s. Five of them are the ‘Proof of Capacity’ (POC) consensus algorithm, which means that if all transactions on the Bitcoin network are packaged in a new block, no one can use the blockchain to run validation programs, then this number will increase significantly. In addition, from a technical analysis perspective, it is expected that more miners will join in the new mining The other one is from Japan. According to Cointelgraph, the Japanese government announced on April 24 that it would implement a strict regulatory system for Gopax, the Cryptocurrency exchange. Previously, the Financial Services Agency of Japan had issued the “Notice on Strengthening the Management of Virtual…

Why Bitcoin is so tall Editor’s note: This article is from the vernacular blockchain (ID: hellobtc), written by Sanli, and reprinted by the Daily Planet with authorization Bitcoin has grown from December last year to its 14th block today, which means we can quickly trade or store data without changing the fundamentals. So what is Bitcoin? Why does Bitcoin grow so tall? There have been continuous reports on this issue in the past few years According to the latest report of CoinMetrics, although the Cryptocurrency market has problems such as the “Ponzi scheme”, Bitcoin still maintains its value and Scarcity. (Note: The total market value of the top ten digital assets currently ranks at approximately $13 trillion, accounting for nearly 70% of the entire encryption market.) One reason why Bitcoin has grown is its consensus mechanism – halving every four years; If there are not enough miners to support other nodes in the network, it is impossible to generate new…

Why is Bitcoin so difficult to calculate Bitcoin is the world’s oldest Cryptocurrency, which can be purchased, sold and traded anywhere in the world. But if we consider it as an investment asset, its value is meaningless. But the problem is that we shouldn’t just look at a single digital currency or a string of codes. Because Bitcoin has two characteristics: the first is that its price fluctuates greatly; The second is that its mining efficiency is low, and the mining income is very high So, theoretically speaking, the term ‘Bitcoin’ is problematic. Is Bitcoin worth spending so much money? “This is the question we need to consider. To understand the reasons behind this phenomenon and its impact on the entire blockchain industry, it is necessary to understand two things – firstly, the technical difficulty (especially the algorithm); The second is the design of consensus mechanisms (such as blocks) and how to make the network stronger (such as the time…

Why is Bitcoin fixed? Why is Bitcoin fixed? It can provide people with a stable way to trade and store value without worrying about price fluctuations Since the price of BTC is linked to the list price, to some extent, this means that investors can buy more Cryptocurrency at a relatively low price and maintain some confidence in its value. Therefore, when you consider whether Bitcoin will replace French currency, you must have a reasonable price range: if a Bitcoin is considered to be cheaper or more reliable than Fiat money, its price may change (such as US dollars), and it will also increase over time; The reverse is also true – as an asset becomes increasingly popular, this situation will change. Why Bitcoin Has ValueBitcoin has increased by nearly 400% in the past 12 months, and its price has also reached a new historical high. . According to Cointelgraph, this growth is driven by retail investors. With Bitcoin recently…

What is the driving force behind the rise of Bitcoin? According to btcmanager, the price of Bitcoin skyrocketed from $30000 to its current highest level in April 2019. According to Coinmarketcap data, the total market value of Bitcoin as of the end of 2018 was $2 trillion, an increase of about 20 times compared to the same period last year and more than double the previous year. With the development of the Cryptocurrency market and the increasing demand for Bitcoin from mainstream financial institutions, Bitcoin has gradually become one of people’s investment choices. However, in the past few months, more and more investors have begun to recognize the potential of this digital asset and consider it a long-term investment approach What is the driving force behind the rise of Bitcoin? In fact, it can stimulate market price increases by driving the entire market up Reasons for Bitcoin’s riseBitcoin has risen by 10% in the past week, breaking the $12000 mark…..

What is macd in Bitcoin K-line? What is macd in Bitcoin K-line? The Bitcoin K-line is composed of one entity (MACD) and two indicators, and a specific price range is shown in the following picture. It indicates a correlation between price and actual trading volume, and the trading parties use this number to hedge or buy or sell, which can closely connect the buyer and seller to reach a trading agreement. Both models are generated by computers used on the Bitcoin network. (Note: This calculation method was written on a computer using mathematical principles and hash functions) What does macd mean? BitcoinAccording to ambcrypto, what does macd mean? The Mathematical notation used in Bitcoin transactions is called MACD (Merkel Tree), which is a monetary unit determined according to the principles of computer science. It represents the change range of Cryptocurrency price. If the price of one asset is divided by the price of another asset, its value will increase; What…

Why is Bitcoin ETF so popular? The application of blockchain technology in the financial industry has shifted from “hype” to “application”. The underlying layer of blockchain is decentralized, achieving distributed accounting and value transfer through consensus algorithms. Ethereum is a smart contract based technology that can solve the high transaction costs, security risks and other problems in the field of digital currency So why can blockchain become the cornerstone of the future mainstream technology industry? The answer is simple: its network effect is very large; Secondly, Bitcoin is widely regarded as an important infrastructure for a global economy. On the other hand, the attitude of many countries towards Cryptocurrency is still unclear. So the application of blockchain as an emerging technology goes far beyond this, and its impact on social life cannot be underestimated As governments around the world increasingly value the legitimacy of Bitcoin and its users, as well as the development of blockchain technology, these impacts will accelerate…

What is Bitcoin bcc? Bitcoin bcc is an open source blockchain based digital asset trading platform that sends users’ Cryptocurrency to their own bitcoin wallets through an account system called Bitcoin ash (BCC). According to the introduction, Bitcoin Cash CashCoin, referred to as “Bitcoin Cash” for short, is a decentralized network communication infrastructure. Use this technology to create verifiable data and protocols In the traditional Internet, “Bitcoin” (or Bitcoin) is Bitcoin Cash Cash (BTC). People can choose to use Bitcoin as their identity to connect with others, or use Bitcoin instead of Fiat money such as the US dollar. However, Bitcoin Cash (BCH) also has some problems, such as the inability to track the flow of funds and whether users are stolen. According to the Bitcoin BCX website, as of 16:00 Beijing time on May 31, 2020, there were approximately 30000 traders trading on the website worldwide. Users can gain benefits by converting Bitcoin into another Cryptocurrency or other digital…

Bitcoin 94 What’s up? Bitcoin 94 What’s up According to CCN, the price of Bitcoin broke through $11600 on Tuesday morning. Subsequently, the downward trend began to fluctuate and fell below key support levels, ultimately reaching a closing price of around $11100 on September 13th. According to Glassnode data, as of the time of publication, BTC’s trading volume was $5.16 billion, which is the same as early August; But it has risen by about 50% since the end of July; At present, the price of Bitcoin is still at a high point Analysts believe that as market volatility increases, investors may shift towards risky assets, resulting in a pullback. However, if there is a further decline, there will be a significant adjustment, which may be a short-term bullish signal.

Why Bitcoin Japan Why Bitcoin Japan The number of Cryptocurrency exchange registered by Bitcoin Japan in the Financial Services Agency is increasing. From October 2017 to the beginning of 2018, the Japanese yen accounted for the top ten in total trading volume, and now more than 100 fiat currencies have been transferred to Japan. This indicates that if we want to continue this momentum, it requires a very large system to support digital asset trading Due to Bitcoin being one of the most popular digital assets globally, more and more institutions and organizations are starting to use Bitcoin. These companies also include major banks such as Bank of America and Wells Fargo. According to CoinMarketCap data, global investment in Bitcoin peaked in the first quarter of 2019, but its actual investment return was negative. In addition, many people see the platform as a substitute for e-commerce applications like PayPal or eBay However, as the price of Bitcoin continues to rise…

What currency does Bite Wallet store? What currency does Bite Wallet store? You can directly transfer Bitcoin, Ethereum and other digital currencies to your mobile phone and control them through the password manager. If users want to store encrypted assets in Bite Wallet, they can import mnemonics into hardware security devices to achieve decentralized transfer of private keys, and also save these assets in smart contracts to earn profits. Currently supported wallets include Bitcoin Cash (BCH), EOS, TRON (TRX), etc According to official news, Bite Wallet will be officially launched on June 1st. The official website of Bite Wallet is as follows: Download link https://btc.to/btc-wallet/ , or add the address as bitfinex_ Com or imTOken Installation link https://www.bihu.io/ The Bite Wallet appAccording to official news, the latest version of the Bite Wallet app download will be officially launched today. The Android mobile version is now available Bitai Wallet is a secure and comprehensive blockchain asset management platform and digital currency…

What happened to Bihara Chain? What happened to Bihara Chain. According to Zhihu user “Coin Circle Kid”, there have been media reports recently that members of the original chain team were involved in discussions on community governance, resulting in a large number of tokens being sold (which had already been sold at the time) and causing huge losses It is understood that the “little guys in the coin industry” said in the group that they are likely to leave this project because there are too many people investing in Bitcoin, and they don’t even know how to operate it. But these people actually support and promote the original chain in their own way. But this does not affect their actions. After all, they want to allocate funds to those who are not familiar with mining technology. Therefore, the problems that have arisen this time are also very serious: 1. Due to insufficient support for the consensus mechanism before, a new…

What is Li Shuheng’s novel? The title of the novel is Li Shuheng, and the author is Lewis (Chinese name: Zhang Xiaochen). Introduction: This book is jointly published by Li Shuheng, Chen Kailong, Justin Sun, etc. At present, the book has been downloaded for free on Baidu Reading APP, and has been shared on major websites and WeChat official account Li Shuheng is a series of short stories written on Tencent’s Fantasy Core platform from May 1 to June 30, 2018. The main content includes the trilogy “Not Worth”, “Diablo”, “Crazy Hunter”, as well as a series of articles and comics related to Bitcoin. Many readers may wonder why they want to read this novel Firstly, it can be seen from Li Shuheng’s experience that he is very optimistic about his future development plans. Since the beginning of 2018, his life trajectory has been constantly questioned, but in the end, he did not achieve very good results. Because at that…

What does a future coin snapshot mean? According to cryptoglobal messages, what does a future coin snapshot mean. Literally, it is “the currency of the future”, that is, assets that can be converted into French currency, such as Bitcoin, Ethereum, etc. But there are also many specific implementation methods. For example, Ethereum 2.0 is upgraded through hard forking, but after the upgrade, smart contracts or private key management will still be used, so it needs a blockchain system to achieve this state (because there are various Cryptocurrency running on the network now), rather than being traded into these digital wallets like Bitcoin How to obtain future coinsIn a recent article, the author introduced how to obtain future coins We know that there is no good project in the current currency market that can survive for a long time, so many people believe that it has reached the peak of a bull market; But in fact, the current market situation is…

When will the Smart Media Chain ATM be launched? On April 29, 2021, the Smart Media Chain ATM will officially be launched. According to the official announcement, the testing phase of the main network will begin at the end of March 2019. After the main network is launched, pre registration and other functions and node recruitment will be gradually opened. The operation of the main network will start in early May 2019 In June 2018, the Intelligent Media Chain ATM (Artificial Intelligence Machine Learning) completed its third iteration upgrade and will undergo public testing in mid October 2020. As an open source platform, at the end of 2017, developers found the importance of blockchain through data analysis of Google Browser, Facebook, Twitter and other social networking sites, and can easily provide smart contract technology solutions for enterprise users. Currently, Ethereum EVM smart contract platform has successfully operated. In July 2018, Smart Media Cloud, invested by Tencent, announced the official release…

What can graphics card mining machines dig? According to the official announcement of mining machine manufacturers, what can graphics card mining machines dig Based on the current Bitcoin market prices and mainstream currency prices, there are several ways in which graphics card mining machines can be mined: firstly, ordinary users have high mining profits; 2、 In some cases, ASIC specific chips may be generated. 3、 Due to the high power consumption and low efficiency of GPU mining, it cannot meet the daily use cases of most people. 4、 With the growth of the digital currency market and the continuous emergence of new machines, more and more players are entering the field to engage in mining activities, which also provides investors with new sources of profit. 5、 For general investors, the mining cost of graphics cards is relatively low (about $100), but if an overly complex operating system is used, it may cause problems such as malfunctions due to investing a…

When mining, it is important to pay attention to the parameters of the graphics card that affect mining. The performance and price of the graphics card are directly related. However, for ordinary users, it still depends on these factors: such as whether the price of game coins is low enough, how high the energy consumption is, and so on. If computing resources are placed on graphics cards, it means that computers no longer need to mine Bitcoin (because mining is now very difficult). So this is unfavorable for the graphics card Taking the 2020 RTX3080Ti series officially announced by Nvidia as an example, since the product uses the T9Pro or higher version of M20, there is also a problem with the video memory in its configuration; Moreover, this product is not specifically designed for the Cryptocurrency field, so it is not suitable for cryptocurrency mining. However, this situation also has some room for improvement, especially considering the current video card…