wholesale gold filled jewelry china What are the differences between Bitcoin and Q coins?
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designer knockoff jewelry wholesale Answer: Hello, the difference: Bitcoin: A application based on blockchain technology, with limited amount, decentralization, and uses distributed bookkeeping technology. Data cannot be tampered with. The price floats with the secondary market; Q coins: virtual currency released by Tencent, with unlimited total and centralization. The price is relatively fixed;
contact: The Q coins and ratio are especially different from the virtual currency that is different from the fiat currency. Selling Bitcoin needs to go to the virtual currency exchange. Selling Q coins can go to the Q coin consignment platform.
. The concept of Bitcoin
The concept of Bitcoin was initially proposed by Satoshi Nakamoto on November 1, 2008, and was officially born on January 3, 2009.
The open source software and constructed P2P networks based on Satoshi Nakamoto's thinking. Bitcoin is a P2P form of digital currency. Bitcoin's transaction records are open and transparent. Point -to -point transmission means a decentralized payment system.
. Different from most currencies, Bitcoin does not rely on specific currency institutions. According to specific algorithms, it is generated by a large number of calculations. Confirm and record all trading behaviors, and use the design of cryptography to ensure the security of all aspects of currency circulation. The decentralization characteristics and algorithms of P2P can ensure that the currency value cannot be manipulated by a large number of Bitcoin. Design based on cryptography can make Bitcoin only transfer or pay by real owners. This also ensures the anonymity of currency ownership and circulation transactions. The total number of Bitcoin is very limited and is scarce. This currency system has only exceeded 10.5 million in 4 years, and the total number will be permanently limited to 21 million
Compared with the legal currency. It is generated by the calculation of the network node. Everyone may participate in the manufacturing Bitcoin, and it can be circulated around the world. You can buy and sell on any computer accessing the Internet. No matter where you are, anyone can dig, purchase, sell for sale Or collect Bitcoin, and foreigners cannot identify user identity information during the transaction. On January 5, 2009, Bitcoin was not controlled by the central bank and any financial institution. Bitcoin is a digital currency, which is composed of a string of complicated code generated by a computer. The new Bitcoin is manufactured through the preset program.