Bitcoin 20 question one: What is Bitcoin?

PrefaceSliced ant

Among the gregarious species, the leaf ants exhibit a highly complex behavior of the species. However, each ant individual in the community simply follows some simple rules of social interaction and chemical odor (i.e. pheromone) exchange. Wikipedia says: "The leaf ants form the largest and most complex animal society on earth after humans." "In fact, the leaf ants do not eat leaves, but instead use leaves to make a fungus that serves as the main source of food for ants." Are you aware of it. They are farming. Although the leaf ants form a class society and rely on the queen to reproduce, there is no centralized system or leader in the ant colony. We can see from the leaf-cutting ants that the highly intelligent and complex behavior of the millions of members of the community is the highlight of the individual interaction in social networks. Nature has shown us that the central system is resilient and creates unexpected complexity and unimaginable subtlety, without the need for centralized systems, hierarchies or complex organizational structures. Bitcoin network is such a highly complex and centralized trusted network that can support countless financial processes. However, each node of the Bitcoin network follows some simple mathematical guidelines. The interaction between nodes contributes to the complex behavior of the organization rather than the complexity of any single node itself and what is bitcoin. http://www.qukuailianxueyuan.io/

Bitcoin is the first distributed electronic currency successfully implemented in the world. It is an outstanding product of modern computer science, applied mathematics and cryptography.

Distributed: means that it does not require a central and authoritative third party.

Electronic money: It means that it is a virtual thing relative to the traditional paper currency. Currency means that it has the basic attributes of currency: Portable, durable, divisible, recognizable, replaceable, scarce and hard to counterfeit. and has the basic function of currency: trading and repaying debt.

Transaction Bitcoin, which publishes information for all nodes in the Bitcoin network. Inform yourself that the accounts will be reduced and that other people will have their accounts increased. This information is quickly spread across the network through a distributed database and ensures its security through ingenious design. All nodes in the Bitcoin network are backed up after they receive the information. So in this sense, the Bitcoin system is like a group of computers that maintain a system of accounting books. But unlike other banking systems, the bitcoin system has no center, is more secure, and is completely anonymous. That means you don't even know who you're dealing with.

Bitcoin resembles a global ledger http://www.qukuailianxueyuan.io/