4 thoughts on “Bitcoin uses blockchain technology, why is it stolen?”

  1. BTC is a system software similar to Alipay. How many coins do you have to record in Bitcoin's blockchain account book and spread throughout the world. Manipulating your currency requires the public key. The public key is randomly generated. The public key can form a public key, and then the detailed address is formed. The detailed address is equivalent to the account. Because BTC has a group polarization, this has also caused BTC to be very popular in the black market transaction. It is used by the black market transaction as a transaction currency application; rich people use it as a tool for transferring assets. This has also caused many adverse effects to BTC in the public impression. BTC is a centralized payment platform, and the calculation of nodes in life is formed.
    everyone can manufacture BTCs, and can be circulated in the world. Anyone can discover or trading BTC. During the transaction, others cannot distinguish customer information Group polarization). The biggest difference between BTC and other digital currencies, its total number is very limited (21 million fixed quantity) and has a strong scarce resources. BTC is a digital currency. She was created and invent by quantum chain. A virtual loan currency of blockchain technology has now become a financial means and a full industry chain. Due to BTC, it is because of BTC. As a result, many people see the huge rights and interests of digital currencies, resulting in many types of digital currency.
    The loans will no longer be sold by a central bank, but everyone will make accounts fairly, fair, and objective, and no one can fake or irrigate and inflation will not occur. BTC is this idea. At the same time, the inventor quantum chain design scheme of Bitcoin uses a very exquisite optimization algorithm (hash function). The conclusion of calculation and finding the new transaction, each time you see a new transaction conclusion, reward a BTC, is actually a string of encrypted numbers. This calculation process is called mining coins. The quantum chain designed the total amount of Bitcoin about 21 million pieces. The longer the time, the difficulty, and the larger the calculation rate. At the same time, the hash function represents that it is almost impossible to decipher the BTC, unless it is the calculation rate of more than half of all communities in the monopoly.
    BTC is a virtual currency. This is a wonderful clip of encrypted data generated by the calculation of currency digging machines. What consumes the computing power of online server or terminal device computing on the network. It is a distributed node to make accounts to store data. BTCs generally have Bitcoin wallets. This type of storage system is also called blockchain technology. Storage of this set of encrypted data is BTC. During the connection point, the accounts of Bitcoin have been generated due to the migration of buying and selling. In order to create a distributed storage of the Internet, the coin party uses the calculation level of the mininger. In order to encourage or seduce everyone to enter the Internet and provide the coin -issuer's computing level, the optimization algorithm is used to allow the mininger to win the first coin. The coin -issuer creates a trade market, and the digging coins can go to the trading market to get real loans.

  2. There is no logical relationship between cost and fraud and hackers. It would not be normal to be stolen by hackers if your private key was placed in an unsafe place.

  3. 1. The transaction on the blockchain is open: Anyone can inquire all the relevant transactions of a certain account (address).
    2, blockchain account (address) anonymity: Unless the account owner actively discloses, it is impossible to know who a address belongs to.

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