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⑴ How much can the Pi Coin base currency be sold for?

The value of pi (Pi Coin) is calculated mechanically by IBM's "Deeper Blue" based on a digital model. The total calculation 9 times, the actual value of pi may be between 120-150 US dollars, approaching 200 US dollars
Litecoin, which was not optimistic before, was also simulated using IBM's server cluster to run the model. Now it has exceeded 700, through system simulation demonstration , the value of pi coin > Facebook on the blockchain (US$500 billion) + Amazon on the blockchain (US$900 billion).
By March next year, the international cryptocurrency market will have three trends:
① The global market value declines, Bitcoin falls, the probability is 1%
② The price rises slightly, but is relatively stable, and at this time There is not much difference in market value or price, and the probability is 50%.
③ Prices soared, the price of Bitcoin doubled, and the global currency project market rose by 50-200%, with a probability of 49%.
The value of PI depends on our consensus on it. After entering the Chinese market, it began to surge exponentially and has nearly 3 million miners. The built-in APP covers the participation of more than 100 countries around the world, and market awareness
Consistent with the consensus, market knowledge is how many people know about PI coins in this market, and consensus is how many people trade PI coins. Now that consensus and market knowledge are available, how much is it worth? The official statement is 0, and the final price is determined by the market, but now an exchange has launched futures products, and the price is around RMB 88 per unit. No matter what the project is, the exchange will be happy as long as you have a huge user base. It will automatically go online, and exchanges for purely cutting-edge projects will also rush to list them, such as HDS, etc., so there is no need to worry about the price.
Pi is the blockchain version of Paypal, or the personal version of the IBM blockchain payment system.
If you want to talk about how much Pi coins will eventually be worth, the current penetration rate of digital currency is the same as that of the Internet in 1992. The blockchain industry will be one of the important economic engines in the next 100 years. According to the current development trend and international recognition, the listing of PI will create a number of millionaires.
Extended information
Yu Jianing, rotating chairman of the China Communications Industry Association Blockchain Committee, reminded investors that a small number of frauds disguised as blockchain will set a very low threshold for users in the early stages. It is simple to operate, has a low (free) funding threshold, and increases the popularity of the project through the "buy-in" reward model and massive publicity. At the beginning, the project team essentially aimed to build a multi-level distribution system. In the second stage, when the project team announces that the virtual currency can be transferred or traded, and there is a possibility of capital circulation, they are looking for opportunities to sell the virtual currency in large quantities, and the risks for investors will also greatly increase.
Yu Jianing summarized the four major ways for investors to "avoid lightning": First, be wary of risk-free, high-return blockchain projects. The prices of crypto assets have skyrocketed and plummeted frequently, and air coins may return to zero in extreme circumstances. The second is to avoid relying on "pulling people's heads" and multi-level rebate methods to realize cash.project, this type of MLM marketing is extremely risky. The third is to learn to read GitHub's open source programs. You can check its parameters and operation methods on the blockchain browser, as well as all accurate information about the asset's issuance, circulation, transfer records, etc. Fourth, blockchain projects that use over-the-counter transactions or specific exchange transactions need to be carefully screened. It is very likely that the price will be highly manipulated and free deposits and withdrawals will not be possible.

⑵ 108 essential knowledge points for getting started with blockchain

Author: Kong Lin

61 .Hold up

Expect the currency price to rise, but unexpectedly the currency price falls after buying; or expect the currency price to fall, but unexpectedly the currency price rises after selling

62. Unlock< /p>

After buying Bitcoin, the currency price fell, causing temporary book losses, but then the currency price rebounded and the loss turned into profit

63. Going short

Due to the bearish market outlook After selling Bitcoin, the price of the currency continued to rise, and I failed to buy it in time, so I failed to make a profit

64. Overbought

The price of the currency continued to rise to a certain height. The buyer's power is basically exhausted, and the currency price is about to fall

65. Oversold

The currency price continues to fall to a certain low, the seller's power is basically exhausted, and the currency price is about to rise

66. Lure bulls

The currency price has been consolidating for a long time and is more likely to fall. Most of the short sellers have sold Bitcoin. Suddenly the short sellers pulled up the currency price, inducing the bulls to think that the currency price will rise, and people buy it one after another. As a result, the short parties suppress the price of the currency, causing the long parties to get locked up

67. Short baiting

After the bulls buy Bitcoin, they deliberately suppress the price of the currency and make the short sellers lock up. Thinking that the currency price will fall, they sell out one after another, but end up falling into the trap of bulls

68. What is NFT

The full name of NFT is " Non-Fungible Tokens” are non-fungible tokens. Simply put, they are an indivisible copyright certificate on the blockchain. They are mainly used to confirm and transfer digital assets. The difference from digital currencies is that they are unique and indivisible. , in essence, is a unique digital asset.

69. What is the Metaverse

The Metaverse is a collection of virtual time and space, consisting of a series of augmented reality (AR), virtual reality (VR) and the Internet (Internet) Composed of digital currency, which carries the function of value transfer in this world.

70. What is DeFi

DeFi, the full name is Decentralized Finance, which is "decentralized finance" or "distributed finance". “Decentralized Finance”, and theRelative to centralized finance, it refers to various financial field applications established in an open decentralized network. The goal is to establish a multi-level financial system based on blockchain technology and cryptocurrency to re-create and improve existing Some financial systems

71. Who is Satoshi Nakamoto?

72. Bitcoin is different from Q Coin

Bitcoin is a decentralized digital asset with no issuing entity. Q Coin is an electronic currency issued by Tencent. It is similar to electronic points, but it is not actually a currency. Q Coin requires a centralized issuing institution. Q Coin can only be recognized and used because of the credit endorsement of Tencent. The scope of use is also limited to Tencent's games and services. The value of Q coins is entirely based on people's trust in Tencent.

Bitcoin is not issued through a centralized institution, but it is widely recognized around the world because Bitcoin can self-certify its trust. The issuance and circulation of Bitcoin are jointly accounted for by miners across the entire network, and are not A central authority is also needed to ensure that no one can tamper with the ledger.

73. What is a mining machine?

Taking Bitcoin as an example, a Bitcoin mining machine is a professional equipment that competes for accounting rights by running a large amount of calculations to obtain new Bitcoin rewards. It is generally composed of a mining chip, a heat sink and a fan, and only performs A single calculation program consumes a lot of power. Mining is actually a competition between miners for computing power. Miners with more computing power have a greater probability of mining Bitcoin. As the computing power of the entire network increases, it becomes increasingly difficult to mine bits with traditional equipment (CPU, GPU), and people have developed chips specifically for mining. The chip is the core part of the mining machine. The operation of the chip will generate a large amount of heat. In order to dissipate heat, Bitcoin mining machines are generally equipped with heat sinks and fans. Users download Bitcoin mining software on their computers, use the software to assign tasks to each mining machine, and then start mining. Each currency has a different algorithm and requires different mining machines.

74. What is quantitative trading?

Quantitative trading, sometimes also called automated trading, refers to the use of advanced mathematical models to replace human subjective judgments, which greatly reduces the impact of investor sentiment fluctuations and avoids extreme fanaticism or pessimism in the market. make irrational investment decisions. There are many types of quantitative trading, including cross-platform trading, trend trading, hedging, etc. Cross-platform trading means that when the price difference between different target platforms reaches a certain amount, sell on the platform with a higher price and buy on the platform with a lower price.

75. Blockchain asset over-the-counter trading

Over-the-counter trading is also called OTC trading. Users need to find their own counterparties and do not need to match the transaction. The transaction price is determined by negotiation between the two parties. The two parties can fully communicate through face-to-face negotiation or telephone communication.

76. What is a timestamp?

The blockchain ensures that each block is sequentiallyConnected in sequence. Timestamps enable every piece of data on the blockchain to have a time stamp. Simply put, timestamps prove when something happened on the blockchain and cannot be tampered with by anyone.

77. What is a blockchain fork?

Upgrading software in a centralized system is very simple, just click "Upgrade" in the app store. However, in decentralized systems such as blockchain, "upgrading" is not that simple, and a disagreement may even cause a blockchain fork. Simply put, a fork refers to a disagreement when the blockchain is "upgraded", resulting in a fork in the blockchain. Because there is no centralized organization, every code upgrade of digital assets such as Bitcoin needs to be unanimously recognized by the Bitcoin community. If the Bitcoin community cannot reach an agreement, the blockchain is likely to form a fork.

78. Soft fork and hard fork

Hard fork means that when the Bitcoin code changes, the old nodes refuse to accept the blocks created by the new nodes. Blocks that do not comply with the original rules will be ignored, and miners will follow the original rules and create new blocks after the last block they verified. A soft fork means that old nodes are not aware of the changes to the Bitcoin code and continue to accept blocks created by new nodes. Miners may work on blocks they have no understanding of, or validation of. Both soft forks and hard forks are "backwards compatible" to ensure that new nodes can verify the blockchain from scratch. Backward compatibility means that new software accepts data or code generated by old software. For example, Windows 10 can run Windows XP applications. Soft forks can also be "forward compatible".

79. Classification and application of blockchain projects

Judging from the current mainstream blockchain projects, blockchain projects mainly fall into four categories: Category 1: Currency; The second category: platform category; the third category: application category; the fourth category: asset tokenization.

80. USDT against the US dollar

USDT is Tether USD, a token launched by Tether that is against the US dollar (USD). 1USDT=1 US dollar, users can use USDT and USD for 1:1 exchange at any time. Tether implements a 1:1 reserve guarantee system, that is, each USDT token will have a reserve guarantee of 1 US dollar, which supports the stability of the USDT price. The unit price of a certain digital asset is USDT, which is equivalent to its unit price in US dollars (USD).

81. Altcoins and alternative coins

Altcoins refer to blockchain assets that use the Bitcoin code as a template and make some modifications to its underlying technology blockchain, among which Those with technological innovations or improvements are also called alternative coins. Because the Bitcoin code is open source, the cost of plagiarism in Bitcoin is very low. You can even generate a brand new blockchain by simply copying the Bitcoin code and modifying some parameters.

82. Three major exchanges

Binance

Okex

Huobi

83. Market software

Mytoken

Non-small account

CMC

84. Information website

Babbitt

Golden Finance

Coin World News

85. Blockchain Browser

BTC

ETH

BCH

LTC

ETC

86. Wallet

Imtoken

Bitpie

87. Decentralized exchange

uniswap

88. NFT exchange

Opensea

Super Rare

89. Ladders

Bring your own, buy reliable ladders

90. Platform coins

Issued by the platform Digital currency, used to deduct handling fees, transactions, etc.

91. Bull market, bear market

Bull market: rising market

Bear market: falling market

92. Blockchain 1.0

A currency trading system based on distributed ledgers, represented by Bitcoin

93. Blockchain 2.0

Ether The contract blockchain technology represented by Fang (smart contract) is 2.0

94. Blockchain 3.0

In the era of intelligent Internet of Things, it goes beyond the financial field and provides services for various industries. Centralized solution

95. Smart Contract

Smart Contract is a computer protocol designed to disseminate, verify or execute contracts in an information-based manner. Simply put, Set up an electronic contract in advance, and once both parties confirm it, the contract will be automatically executed.

96. What is a token?

The token economy is an economic system with Token as the only reference standard, which is equivalent to a pass. If you own Token, you have rights and interests, and you have the right to speak.

Big data is the means of production, AI is the new productivity, and blockchain is the new production relationship. Big DataRefers to a collection of data that cannot be captured, managed, and processed with conventional software tools within a certain time frame. It is a massive, high-growth, and diverse data set that requires new processing models to have stronger decision-making power, insight discovery, and process optimization capabilities. information assets. Simply understood, big data is massive data accumulated over a long period of time and cannot be obtained in the short term. Blockchain can be used as a way to obtain big data, but it cannot replace big data. Big data is only used as a medium running in the blockchain and has no absolute technical performance, so the two cannot be confused. (The simple understanding of production relations is the labor exchange and consumption relations, the core lies in productivity, and the core of productivity lies in production tools)

ICO, Initial Coin Offering, initial public token issuance, is the first step in the blockchain digital currency industry. Crowdfunding. It is the most popular topic and investment trend in 2017, and the country launched a regulatory plan on September 4. Speaking of ICO, people will think of IPO, and the two are fundamentally different.

99. Five characteristics of digital currency

The first characteristic: decentralization

The second characteristic: having open source code

The third feature: independent electronic wallet

The fourth feature: constant issuance

The fifth feature: global circulation

100. What is decentralization?

It has no issuer, does not belong to any institution or country, and is a publicly issued currency designed, developed and stored on the Internet by Internet network experts.

100. What is measurement (scarcity)?

Once the total amount of issuance is set, it is permanently fixed, cannot be changed, cannot be over-issued at will, and is subject to global Internet supervision. Because the difficulty of mining and mining changes over time, the longer the time, the greater the difficulty of mining, and the fewer coins are mined, so it is scarce.

101. What is open source code?

The alphanumeric code is stored on the Internet. Anyone can find out the source code of its design, everyone can participate, can mine it, and it is open to the world.

102. What is anonymous transaction? Private wallet private?

Everyone can register and download the wallet online without real-name authentication. It is completely composed of encrypted digital codes. It can be sent and traded globally in real-time point-to-point without resorting to banks or any institutions. It cannot be traced by anyone without my authorization. ,Inquire.

A contract transaction refers to an agreement between a buyer and seller to receive a certain amount of an asset at a specified price at a certain time in the future. The objects of contract trading are standardized contracts formulated by the exchange. The exchange stipulates standardized information such as commodity type, transaction time, quantity, etc. A contract represents a saleThe rights and obligations of both parties.

105. Digital Currency Industry Chain

Chip manufacturers, mining machine manufacturers, and mining machine agents mine and export to exchanges for retail investors to speculate in coins< /p>

106. Who is Kong Lin?

Kong Lin: Digital Currency Value Investor

Investment style: Steady

p>

107. Konglin Investment Strategy

Combining long-term and short-term, focusing on price investment, no contracts, no short-term play

Reasonable layout, scientific operation, steady and conservative, earning Cycle money

108. Konglin?

Welcome currency friends and seek common development

⑶ Why is PiCoin a scam and no one cares about it?

PiCoin (Pi) was created by a PhD team from Stanford University. A virtual currency that can be “mined” on your mobile phone_O喽困濒濆幇 lean on Ping Huan Huan Sigh Mu Li Xiang Sha Ye Mu Jiao Jiao Qian＜軻ィ氰杀_pp can be mined for free. But it's not legal. It's a scam. Pai Coin is essentially an MLM coin, a fake blockchain, which uses the slogans of "blockchain technology", "digital currency" and other concepts to illegally attract money and defraud investors of their money. The so-called currency is a number on someone's server that can be changed at will. If you want to ban your account, you can ban your account (for example, if you reveal a scam in their discussion group, you will be banned). You can shut down the server and run away at any time.

Extended information:

1. Yu Jianing, rotating chairman of the Blockchain Committee of China Communications Industry Association, reminded investors that a few people wearing blockchain technology The fraudulent behavior of Chaincoat will set a very low threshold for users in the early stage, with simple operation and low (free) funding threshold, and will increase the popularity of the project through the "head-pulling" reward model and massive publicity. At the beginning, the project team essentially aimed to build a multi-level distribution system. In the second stage, when the project team announces that the virtual currency can be transferred or traded, and there is a possibility of capital circulation, they are looking for opportunities to sell the virtual currency in large quantities, and the risks for investors will also greatly increase.

2. Yu Jianing summarized the four major ways for investors to "avoid lightning": First, be wary of risk-free, high-return blockchain projects. The prices of crypto assets have skyrocketed and plummeted frequently. Air coins are in extreme It may be reset to zero. The second is to avoid projects that rely on "pulling people" and multi-level rebates to realize cash. This type of pyramid scheme marketing is extremely risky. The third is to learn to read GitHub's open source programs. You can check its parameters and operation methods on the blockchain browser, as well as all accurate information about the asset's issuance, circulation, transfer records, etc. Fourth, blockchain projects that use over-the-counter transactions or specific exchange transactions need to be carefully screened. It is very likely that the price will be highly manipulated and cannot be freely charged.carry.

3. With the wealth-making myths of Bitcoin and Dogecoin, “digital currencies” of various names can be described as “the eight immortals crossing the sea, each showing his magical powers.” Pi, a currency that claims to be able to "mine coins" using mobile phones, has recently become popular in WeChat Moments. News about Pi Coin "pulling people away" can be seen everywhere on Weibo and WeChat Moments. You can "mine" with your mobile phone. Can such blockchain technology be realized? Many industry insiders said that mainstream "mining" projects require a lot of computing power and the design of complex algorithms to achieve the purpose of encryption security, which is difficult to achieve by "mining" using mobile phones. Investors should be wary of virtual currency project parties using the "Ponzi model" to promote sales, and be wary of the risks of being "smashed", "cut off", or even falling into illegal fund-raising traps or having their privacy violated.

⑷ What is pi coin?

pi coin is an online platform for mining digital currency.

It accepts real names in more than 170 countries around the world. Register,

It is currently in the second phase of the test network.

[Extended reference materials]:

Pi(π)Network’s APP is a mobile mining (Shiguang) software, used to mine Pi (π) coins. In the past, currency mining that used the proof-of-work mechanism such as Butte B required computing resources, and you had to spend money to buy a machine to participate, and small businesses could only stand aside.

The advantage of current Pi(π) coin mining (Shi Guang) is that everyone can participate, creating a truly global digital currency network, and there is no need to waste mobile phone data or data during mining (Shi Guang). power, you can dig (Shi Guang) even when the APP is closed, you only need to turn on the dig (Shi Guang) switch once a day.

Why are there so few domestic players?

First of all,

Domestic users cannot use Facebook, Twitter and other foreign social software. The Pi project party has relatively little publicity, and domestic users can see even less. ;

Secondly,

the entire project is not optimized enough for domestic users, and the difficulty in downloading and the English interface have dissuaded many domestic players; in addition, various domestic players currently use block There are many funds and model coins made in the name of the chain. New users are often more interested in such simple and crude things that make money quickly. Projects like Pi that do not tout profits will be ignored.

⑸ How to install the open source blockchain browser source code to the virtual host

Search the zotero browser plug-in online, download (unzip) and you will get a crx file, which can be decompressed and viewed with compression software The source code inside includes json, html, js and other files. It is equivalent to a web control, but this one installed in the browser may work on all web pages you browse. However, it is difficult to understand by looking at the source code directly. I have also been learning to make browser plug-ins recently. If you have any good learning methods, I hope you can join me.Share and communicate~

⑹ What is the blockchain browser?

The blockchain browser is a website.

Blockchain browser is different from traditional browsers. Ordinary browsers can query various information and jump to various websites, but blockchain browsers have to say In fact, it is a website. The blockchain browser is a tool specifically designed for users to browse and query information on the blockchain.

For example, search transaction records, detailed information of a certain block, the height of the current chain, etc. You can also query the balance or transaction details through the wallet address or transaction ID. Therefore, the blockchain browser is not an application, nor is it a program built on the public blockchain chain. Simply put, it is a website that can query blockchain data.

In fact, each blockchain system has its own specific browser, and users cannot conduct cross-chain queries through the blockchain browser. If you want to query some information data of a certain blockchain system, you have to go to the browser of the blockchain to query. Take a simple example, the Bitcoin blockchain browser can only query Bitcoin blocks, and the Ethereum blockchain browser can only query Ethereum.

The blockchain browser is like a window into the digital currency. Through the blockchain browser, you can see what is happening inside the digital currency, and each transaction is recorded in detail. The confirmation process of a block and the generation and distribution process of digital currency, and completely record the circulation of digital currency between each block, thereby more completely and openly disclosing the stock, increment and change of hands of digital currency. rates and other information.