Bit coin mining method
Bitcone is a combination of bits and coins that are the basic unit of information on a computer. It was developed in January 2009 by a programmer, called SatoshI Nakamoto, who did not use the money online. The process of making a bit coin is called mining, and the person who makes a bit coin in this way is called a miner. You can solve math problems with computer programs and directly mine Bitcone or buy it in a market where you can trade extracted Bitcone.
Bitcone is completely anonymous and anyone can open an account with a computer and the Internet. Because of this, they are sometimes misused for crimes and tax evasion. Because of strict restrictions on money supply, the total number of calls is set at 21 million. If the volume of distribution
A block chain is a distributed book logging database technology developed to record transactions in digital currencies. Transaction system without book manager Instead of having centralized banks store and take charge of their transaction records, everyone involved in the trading system maintains the same records. Whenever a new transaction occurs, the information is made into a separate block and the block is connected to the existing account. Because the books are checked against each other every time a deal takes place, the manipulation of the books is extremely difficult, allowing strong security to be maintained.
The block chain is applied to Bitcone, a typical online virtual currency, where the bill is written clearly in an open book, and the bill is then used by the computer to verify transactions in several times.
Fork is the technology for upgrading the block chain on which the virtual currency is based, originally meant to be branching out from one place. Fork is divided into soft forks and hard forks, which are upgrades that are compatible with previous versions, and hard forks that are incompatible. Since the previous version of the block chain is not available when hard forks are applied, a majority of the users who were developed and mined in the previous version would have to approve the upgrade to apply.
From August 2017, Bitcone was divided into Bitcone and Bitcone Cache (BCC). The split between the bit coins was due to different developers ' positions regarding the capacity of the block chain in which the bit coins were traded. Since block chains can create and trade one megabyte (MB) per 10 minutes, they can do seven transactions per second. However, problems arose as the volume of the transaction skyrocketed and the deal could not be processed in a timely manner. Developers proposed introducing Segwit, which removes complex signatures from the blocks to increase throughput. However, mining contractors decided that Seg-Witt would not allow mining to proceed in the traditional manner, and finally decided to launch a new virtual coin (BCH) virtual coin cache. In October, Bitcone Gold (BCG) and Bitcone Diamond (Bitcond) were separated from Bitcone in November.
Solve difficult math problems or raise cats and dogs virtually to keep unusual babies or mine in various ways. This can be obtained by using machines called diggers or by direct game because it is too late for humans to solve difficult math problems.
