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pi 区块链,区块链 python项目

发布时间:2023-12-14-11:14:00 来源:网络 区块链知识 区块   pc   pyramid

pi 区块链,区块链 python项目

近年来,随着区块链技术的发展,越来越多的人开始关注它,其中最受欢迎的是PI区块链和Python项目。今天,我们来聊聊这两个关键词:PI区块链和Python项目。

PI区块链是一种去中心化的分布式账本技术,它使用分布式账本技术来记录和存储所有参与方的交易。PI区块链可以帮助用户实现去中心化的交易,从而更安全、更可靠。PI区块链的优势在于它可以有效地解决中心化系统中存在的安全性问题,并且可以提高交易的效率。此外,PI区块链还可以支持智能合约,实现自动执行,从而大大提高了交易的安全性和可靠性。

Python项目是一种开源软件,它可以帮助开发者更轻松地开发和部署区块链应用程序。Python项目的优势在于它的简单易用,可以让开发者更容易地开发和部署区块链应用程序。此外,Python项目还支持多种语言,可以让开发者更容易地开发和部署区块链应用程序。最后,Python项目还支持许多开源库,可以帮助开发者更轻松地开发区块链应用程序。

从上面可以看出,PI区块链和Python项目都是非常有用的技术,可以帮助开发者更轻松地开发和部署区块链应用程序。因此,PI区块链和Python项目都是未来区块链技术发展的关键词,将会对区块链技术的发展产生重大影响。


请查看相关英文文档

㈠ Nine out of ten blockchains are scams

Ponzi scheme is the name for defrauding investment funds in the financial industry and is the ancestor of the Pyramid scheme. , many illegal rumor syndicates use this trick to amass money. This type of scam was "created and invented" by a speculator named Charles Ponzi. The Ponzi scheme in our country is called "removing the east wall to pay for the west wall" or "borrowing chickens to lay eggs". To put it bluntly, it is to use the money of new investors to pay loan interest and short-term profits to old investors in order to create the illusion of making money and thereby obtain a large amount of investment funds.

The assets on the blockchain have just entered the stage of explosion, lack of reasonable management and control, and market management is still in its infancy, so it is the most likely place for Ponzi schemes to appear. If 10% of financial products in the traditional world are Ponzi schemes, then the blockchain world has gone backwards, and now 90% are Ponzi schemes!

In fact, blockchain always has this One potential handles things, so there is no need for intermediary services, so many intermediary costs will be reduced. The blockchain solves a problem of trust in blockchain technology. For example, the payment wallet we are using now is all a Centralized.

When you are not a professional and your risk-taking ability is not high, then you are definitely not suitable for today’s blockchain venture capital circle. Because the proportion of Ponzi schemes is too high, 9 out of 10 are scammers (although the elite team does not feel that they are scammers, in fact they have engaged in deception).

However, we also need to be more objective. Although 90% of the market is Ponzi scheme, many people did make a fortune last year by investing in blockchain, such as Bitcoin and Ethereum. , NEO have all risen a lot, and even some gas coins and "MLM coins" have made money.

There are very few people who really make big money by owning blockchain assets. The chance of winning is the same as buying a lottery ticket. Don’t be deceived by the illusion!

㈡ Is cspay an international payment software that supports digital currencies, such as Bitcoin, Ethereum, etc.

Obvious Ponzi scheme model! Don't be fooled!
Obvious Ponzi scheme model!
Obvious Ponzi scheme model!
Ponzi scheme is the name for investment fraud in the financial field and is the ancestor of Pyramid
scheme. Many illegal MLM groups use this trick to amass money. This deception was "invented" by a speculator named Charles Ponzi. Ponzi schemes are also known in China as "tear down the east wall to make up for the west wall" and "empty tricks". In short, it uses the money of new investors to pay interest and short-term returns to old investors in order to create the illusion of making money and thereby defraud more investments.
The following content comes from the Internet:

CSpay Capital paid on 2Registered in Hong Kong in 2002, it is the flagship product of Capital Venture Capital (02324HK), a Hong Kong listed company. CSPay is the world's leading cross-border mobile payment service provider, providing global users with comprehensive, all-weather cross-border mobile payment solutions. Create a multi-scenario and multi-field business ecosystem to meet members’ cross-border usage needs. CSPay Capital Payment is jointly established by a number of experts and scholars in the traditional financial field and a technical elite team with senior background in the field of blockchain internal chain. Mainly engaged in blockchain technology application and development. It covers: CSWallet, CSTO financial management platform, CSTravel capital tourism, online shopping mall and other projects. Promote the globalization of digital asset circulation through efficient and secure blockchain technology.
What is CSPay?
ZIPPER, the world’s first “digital currency” cross-border payment settlement system.
The only third-party payment wallet in the world that connects digital assets with domestic legal currency and has 30,000 merchants in Southeast Asia>China Wallet.
The only financial company in the world that spans stock market + blockchain transactions, led by the listed company "Capital Venture Capital", the first to release the digital pass CSTO, the digital wallet "China Wallet", a cross-border payment area Blockchain system "Capital Payments".
Capital Payment is the only third-party payment company in Asia with Japan, South Korea and Hong Kong payment licenses.
2019 is a critical year for financial payments
. CsPay is expected to use the unique ZIPPER
settlement system to integrate the traditional and mature WeChat payment, Alipay payment, and Japan payment, and open up BTC, ETH, CSTO's offline merchant cash collection channels are protected by "Huawei Cloud", thus achieving overtaking in the post-financial payment market and making Youwang become a global financial giant.
Now we are ready to go, well prepared, the issue price is seriously underestimated. Quota is on a first-come, first-served basis. Seize the opportunity and grasp the first-mover advantage to gain an invincible position.
Profit from currency holding and appreciation
1. The survival period is 10,000 to 500,000 coins, and you can get 0.1∽0.3% of the value-added income every day
1. The recommender enjoys 50% of the daily value-added income of the direct recommender %
2. Current investment with compound interest
2. Fixed deposit income
1. Fixed deposit of more than 10,000 coins (30 days, 0.3% per day), the total value-added income is 9% (deduction of defaulted currency) 10%)
2. Fixed deposit of more than 100,000 coins (60 days, 0.35% per day), total value-added income of 21% (15% deduction for defaulted coins)
3. Fixed deposit of more than 500,000 coins (90 days, 0.4% per day) The total value-added income is 36% (20% will be deducted from the default currency)
Note: Fixed deposits cannot be re-invested, and a one-time fixed deposit is required. For example, 10,000 to 90,000 coins, 100,000 to 490,000 coins, or more than 500,000 coins are acceptable.
3. Direct promotion bonus (total amount of fixed deposit coins)
1. Recommend 1 person to get 1 generation,
2. Recommend 10 people to get 2 generations
3. 10,000 → 1st 5% for the first generation. 2% for the second generation
4. 100,000 → 8% for the first generation. 3% for the second generation
5. 500,000 → 12% for the first generation. 5% for the second generation< br />Note: The percentage is multiplied by the total amount of deposited coins, for example: 500,000 deposited coins multiplied by 12% = 60,000 coins
4. Team Award
1. Ordinary node members: directly recommend 3 people, The deposit amount is 100,000 coins, and the team’s daily value-added income is 2%
2. Senior node members: 5 people are promoted directly, and 2 ordinary nodes appear in the team, and the team’s daily value-added income is 3%
3. Alliance nodes People: Recommend 10 people. There are senior node people in 4 departments of the team. The team’s daily value-added income is 5%
4. Community contacts: 15 people are recommended directly. There are 8 alliance node people on the three lines of the team. The team adds value every day. Earn 10% income and enjoy 2% weighted dividends from global payment income
5. 51 super contacts around the world: vote. The team's daily value-added income is 15%. CSpay pays 3% weighted dividends.
When you register with CSPay, you will get 588 CSTO coins, and if you recommend it, you will get 188 CSTO coins!
The company will give away 30 million pieces as gifts, and while supplies last, it will only be announced to be launched in October!
OKEX and Fcoin are two large exchanges. To register, you can download the app and log in. Scan the QR code to register immediately!
Obvious Ponzi scheme model!
Obvious Ponzi scheme model!
Obvious Ponzi scheme model!

㈢How to stop family members from being addicted to virtual currency scams

Virtual currency refers to non-real currency. Well-known virtual currencies include Internet coins of Internet companies, Q coins of Tencent, Q points, point coupons of Shanda, micro coins launched by Sina (used for micro games, Sina reading, etc.), Chivalrous Yuanbao (used for Chivalrous Road games) ), Pattern Silver (used in Bixue Qingtian game), the popular digital currencies in 2013 include Bitcoin, Litecoin, Infinity Coin, Quark Coin, Zeta Coin, Barbeque Coin, Penny Coin (external network), invisible gold bars, Red coins, prime coins. There are currently hundreds of digital currencies issued around the world. The legends of "Bit Gold, Lite Silver, Infinite Copper, and Penny Aluminum" are popular in the industry.

Online virtual currencies can be roughly divided into

[1] The first category is the familiar game currency. In the era of stand-alone games, the protagonist accumulated currency by defeating enemies and winning money in gambling halls. He used these to buy herbs and equipment, but they could only be used in his own game console. At that time, there was no "market" among players. Since the Internet established portals and communities and realized the networking of games, virtual currency has had a "financial market" where players can trade game coins.

【2】The second category is the special currency issued by portal websites or instant messaging tool service providers, which is used to purchase services on this website.service. The most widely used one is Tencent’s Q coin, which can be used to purchase value-added services such as memberships and QQ shows.

[3] The third type of virtual currency on the Internet, such as Bitcoin (BTC), Litecoin (LTC), etc. Bitcoin is an electronic currency generated by open source P2P software. Some people Bitcoin is translated as "bit gold" and is an online virtual currency. It is mainly used for Internet financial investment, and can also be used directly in daily life as a new currency.

[4] The application of computer communication technology, the world's main active digital currency exchange rate, and the development of the Internet as an emerging media are the technical foundations for online marketing. The Internet was born in the 1960s. With the development of network protocols and related hardware and software products, the Internet began to gradually transform from military use to commercial and civilian use. Since the 1990s, the Internet has gradually entered society's daily life. In fact, the Internet as an emerging media has developed faster than all other previous technologies. It took 38 years for radio to reach 50 million listeners, 13 years for television, and only 3 to 4 years for the Internet. Therefore, the Internet is considered to be the technological change that has had the greatest impact on the world economy in the past 100 years.

Virtual currency

㈣ Is cspay an international payment software that supports digital currencies, such as Bitcoin, Ethereum, etc.

Obvious Ponzi scheme model! Don't be fooled! No matter how many payments it supports now, one day the money will become unusable numbers in the software.
Obvious Ponzi scheme model!
Obvious Ponzi scheme model!
Ponzi scheme is the name for investment fraud in the financial field and is the ancestor of Pyramid
scheme. Many illegal MLM groups use this trick to amass money. This deception was "invented" by a speculator named Charles Ponzi. Ponzi schemes are also known in China as "tear down the east wall to make up for the west wall" and "empty tricks". In short, it uses the money of new investors to pay interest and short-term returns to old investors in order to create the illusion of making money and thereby defraud more investments.
The following content comes from the Internet:

CSpay Capital Payment was registered and established in Hong Kong in 2002. It is the flagship product of Capital Venture Capital (02324HK), a listed company in Hong Kong. CSPay is the world's leading cross-border mobile payment service provider, providing global users with comprehensive, all-weather cross-border mobile payment solutions. Create a multi-scenario and multi-field business ecosystem to meet members’ cross-border usage needs. CSPay Capital Payment is jointly established by a number of experts and scholars in the traditional financial field and a technical elite team with senior background in the field of blockchain internal chain. Mainly engaged in blockchain technology application and development. It covers: CSWallet,
CSTO financial management platform, CSTravel capital tourism, online shopping mall and other projects. Through efficient and safeBlockchain technology promotes the globalization of digital asset circulation.
What is CSPay?
ZIPPER, the world’s first “digital currency” cross-border payment settlement system.
The only third-party payment wallet in the world that connects digital assets with domestic legal currency and has 30,000 merchants in Southeast Asia>China Wallet.
The only financial company in the world that spans stock market + blockchain transactions, led by the listed company "Capital Venture Capital", the first to release the digital pass CSTO, the digital wallet "China Wallet", a cross-border payment area Blockchain system "Capital Payments".
Capital Payment is the only third-party payment company in Asia with Japan, South Korea and Hong Kong payment licenses.
2019 is a critical year for financial payments
. CsPay is expected to use the unique ZIPPER
settlement system to integrate the traditional and mature WeChat payment, Alipay payment, and Japan payment, and open up BTC, ETH, CSTO's offline merchant cash collection channels are protected by "Huawei Cloud", thus achieving overtaking in the post-financial payment market and making Youwang become a global financial giant.
Now we are ready to go, well prepared, the issue price is seriously underestimated. Quota is on a first-come, first-served basis. Seize the opportunity and grasp the first-mover advantage to gain an invincible position.
Profit from currency holding and appreciation
1. The survival period is 10,000 to 500,000 coins, and you can get 0.1∽0.3% of the value-added income every day
1. The recommender enjoys 50% of the daily value-added income of the direct recommender %
2. Current investment with compound interest
2. Fixed deposit income
1. Fixed deposit of more than 10,000 coins (30 days, 0.3% per day), the total value-added income is 9% (deduction of defaulted currency) 10%)
2. Fixed deposit of more than 100,000 coins (60 days, 0.35% per day), total value-added income of 21% (15% deduction for defaulted coins)
3. Fixed deposit of more than 500,000 coins (90 days, 0.4% per day) The total value-added income is 36% (20% will be deducted from the default currency)
Note: Fixed deposits cannot be re-invested, and a one-time fixed deposit is required. For example, 10,000 to 90,000 coins, 100,000 to 490,000 coins, or more than 500,000 coins are acceptable.
3. Direct promotion bonus (total amount of fixed deposit coins)
1. Recommend 1 person to get 1 generation,
2. Recommend 10 people to get 2 generations
3. 10,000 → 5% for the first generation. 2% for the second generation
4. 100,000 → 8% for the first generation. 3% for the second generation
5. 500,000 → 12% for the first generation. 5 for the second generation %
Note: The percentage is multiplied by the total amount of deposited coins, such as: 500,000 deposited coins multiplied by 12% = 60,000 coins
4. Team Award
1. Ordinary node members: direct recommendation 3 people, the deposit amount is 100,000 coins, and the team’s daily value-added income is 2%
2. Senior node people: 5 people are directly promoted, and 2 ordinary node people appear in the team.The daily value-added income is 3%
3. Alliance node members: 10 people are recommended. There are senior nodes in 4 departments of the team, and the team’s daily value-added income is 5%
4. Community contact persons: 15 people are recommended directly. The team has 8 alliance nodes on three lines. The team's daily value-added income is 10%, and it also enjoys a 2% weighted dividend of global payment income
5. 51 super nodes around the world: vote. The team's daily value-added income is 15%. CSpay pays 3% weighted dividends.
When you register with CSPay, you will get 588 CSTO coins, and if you recommend it, you will get 188 CSTO coins!
The company will give away 30 million pieces as gifts, and while supplies last, it will only be announced to be launched in October!
OKEX and Fcoin are two large exchanges. To register, you can download the app and log in. Scan the QR code to register immediately!
Obvious Ponzi scheme model!
Obvious Ponzi scheme model!
Obvious Ponzi scheme model!

㈤ What are the MLM coins exposed by BT110

TOP1 MLM coins: Onecoin
Onecoin first appeared in 2015. In the two years from 2015 to 2017, members of the OneCoin MLM organization used false propaganda, selling OneCoin, holding various seminars, and establishing a class system to attract more than 3 million people in more than 200 countries. People get cheated. Although OneCoin was cracked in 2017, a total of 119 key members were arrested. However, due to the large number of people involved in OneCoin, even if the key players were caught, some downlines were still using OneCoin to continue committing fraud. In the first half of 2018, many people discovered signs of OneCoin's recovery.
TOP2 MLM coins: Mchain (M chain or MCC)
Mchain, formerly known as M chain or MCC miner’s classic coin, appeared in the second half of 2017. MCC MLM organization personnel generated the token MCC for free through the Ethereum blockchain, and through careful packaging (such as listing the token MCC to some unknown copycat exchanges, fictitious Galaxy online entertainment platform and cloud mining machines, etc.) , luring investors to invest and promising investors high returns. After investors take the bait, MCC pyramid schemes will use other means to induce investors to go offline.
At present, MCC has not been cracked by the police and is still active. However, the Yuhang Public Security Bureau and the Zhejiang Economic Investigation Bureau have issued warnings and hope that everyone will not easily get on the boat that bankrupts their entire family.
TOP3 MLM Coins: Radar Coin (ADAR)
RADA Coin appeared in 2014 and was exposed as a pyramid scheme by CCTV and public security agencies in many places. It was once known as the largest online MLM project in China, but as of To this day, Radarcoin is still active.
Radarcoin mainly relies on the Internet and communities for promotion. Since few people understood the concept of mining in the early years, Radarcoin launched wallet storage or promoted Radarcoin as the concept of mining.thought, and continues to this day. As early as 2016, Radarcoin was found to be formerly Vpal (also a pyramid scheme), because the source codes of Radarcoin and Vpal are consistent, and Radarcoin follows the domain name of Vpal.
Top 4 MLM coins: Light Cone (LCC)
Light Cone LCC is a pyramid scheme coin scam that appeared around November 2017. MLM organization personnel incited investors to actively invest by manipulating prices and bragging. Hefa went offline. In just a few months, it expanded the scope of the fraud to more than ten provinces and municipalities across the country, resulting in 50,000 to 80,000 people being defrauded, and the amount involved was as high as 4.9 billion yuan. At present, the top executives of the Light Cone LCC MLM organization have been arrested by the police.
TOP5 MLM coins: Star Han Chain (SGC)
Star Han Chain was launched in September 2017. Like all MLM coins, Star Han Chain often holds various conferences at home and abroad to attract members. and promote Xinghan Chain. Although the people of the Xinghan Chain MLM organization deliberately designed complex algorithms in an attempt to conceal the fact that they were inducing investors to go offline, the static returns betrayed them just like the world's largest Ponzi scheme, MMM.
Xinghan Chain was found to be a pyramid scheme in December last year. Five days later, it was warned by the Changsha Anti-illegal Affairs Office that it was suspected of pyramid schemes. In April this year, it was reported as a pyramid scheme by multiple media platforms.
TOP6 MLM coins: Electric Energy Chain (EEC)
There is no official website, no white paper, and no copycat exchange. The only white paper with a little technical content is completely copied. Transactions are purely based on manual transfers. If you transfer 1,000 yuan, you will be recharged with 500 coins, and if you transfer 2,000 yuan, you will be recharged with 1,000 coins. At first glance, I thought I was recharging QQ points card. If you buy 1,000 coins, you will only earn 12 coins a year. If you want to make a profit, you have to develop offline. It was exposed as a pyramid scheme in May this year.
Top 7 MLM coins: Public Coin (TPC)
Top Coin appeared around May 2017 and was exposed as a pyramid scheme by Hong Kong East Weekly on February 4 this year. TPC has a white paper, official website, wallet, exchange, points website, game application, formal business license, clear division of labor, and strict discipline. If it were not for the need to pay a threshold fee of 40,000 yuan per person, and the form of recruiting people to join the army to obtain rebates, No one would have thought that this would be a pyramid scheme coin.
TOP8 MLM Coins: Datang Coin (DTB)
In late March this year, Datang Coin was conducting illegal pyramid schemes across the country in the name of blockchain, and in just 18 days, The number of registered members has grown to more than 13,000, covering 31 provinces, municipalities and autonomous regions across the country. After receiving the report, the Xi'an police set up a task force to destroy it. According to statistics after the incident, the amount involved in the case exceeded 80 million yuan, and the case became the country's first "blockchain" large-scale online pyramid scheme case.
TOP9 MLM Coins: Hero Chain (HEC)
Hero Chain was launched on January 13 this year. People on the platform were exposed for fraud, and the currency priceAfter plummeting and 90% of the market value evaporating, investors hesitated and decided to report the case. On March 14, 2018, Hero Chain was put on file for investigation. After the case was filed, the relevant person in charge immediately disappeared without a trace.
TOP10 MLM Coins: PMD (PYRAMID)
PMD was launched in June 2018. It completely imitated MCC’s pyramid schemes. After careful packaging, virtual Izumo mining machines were used for fraud and hierarchical pyramid schemes. Because PMD imitated MCC too much, it was discovered by people from the MCC pyramid scheme organization and exposed.
TOP11 MLM coins: Wen Shang Chain (WSC)
Wen Shang Chain appeared around February this year. There is no white paper, and the so-called official website is also composed of some scattered text and pictures. Wen Shang Chain MLM organization personnel fabricated Izumo mining machines, and launched the "benefits" of free mining machines for registration to recruit members. After investors take the bait, Wen Shang Chain MLM organization personnel will drag investors to the "Business School" for intensive brainwashing training. Development offline.
TOP12 MLM coins: Tikcoin (DK coin)
Tikcoin appeared at the end of 2015, completely imitating MMM’s operating model, and learned from the experience of MMM’s collapse to change the realization time, promising 1% income, defrauding investors of their money. If investors find it slow to repay static income, people from the TikCoin MLM organization will encourage investors to go offline, and set up a 20-layer pyramid system to allow the trapped leeks to trick new leeks into the trap. Because TikCoin’s operating model is constantly changing and it acts relatively low-key, TikCoin has not attracted the attention of relevant departments and is still active to this day.
Moving bricks is very tiring, very tiring, please accept it if you are satisfied!

㈥ Introduction to artificial intelligence books

Artificial intelligence is a branch of computer science, not a single subject, including image recognition, natural language processing, robots, language recognition, expert systems, etc. , every research is challenging. Interested in artificial intelligence, but unable to determine a specific direction? How to understand the current status and research fields of artificial intelligence?

The author recommends 4 popular science books. For most people, the reading difficulty is not high, there are few formulas and theories, the content is interesting, and you can read it; the information is fresh and complete, and it must have certain reading value. , it is of course better to have in-depth thinking. The list of books is not long, just for introduction to popular science.

1. "Superintelligence"

2. "Our Last Invention: Artificial Intelligence and the End of the Human Era"

3. "The Age of Intelligence"< /p>

4. "Artificial Intelligence: The starting point for national artificial intelligence strategic action"

㈦ Your understanding of Bitcoin may be wrong! Please re-recognize Bitcoin

The concept of Bitcoin was first proposed by Satoshi Nakamoto on November 1, 2008, and was officially born on January 3, 2009.

Designed based on Satoshi Nakamoto’s ideasThe open source software released and the P2P network built on it. Bitcoin is a P2P virtual encrypted digital currency. Peer-to-peer transmission means a decentralized payment system.

Unlike all currencies, Bitcoin is generated through a large number of calculations based on specific algorithms. The Bitcoin economy uses a distributed database composed of many nodes in the entire P2P network to confirm and record all transaction behaviors. , and uses cryptographic design to ensure the security of all aspects of currency circulation. The decentralized nature of P2P and the algorithm itself ensure that currency value cannot be artificially manipulated by mass production of Bitcoins. Design based on cryptography allows Bitcoin to be transferred or paid only by real owners. This also ensures the anonymity of currency ownership and circulation transactions.

The biggest difference between Bitcoin and other virtual currencies is that its total quantity is very limited and it is extremely scarce.

The trend of Bitcoin:

Bitcoin is a decentralized peer-to-peer electronic cash system. It has been more than 10 years since its birth. The current price of Bitcoin is hovering around $10,000. Many people feel that the price is too high and it is not worthwhile to buy now. But in fact, even though Bitcoin has been around for 10 years, it is still like a fetus in the belly, and many people do not know the existence of Bitcoin.

Bitcoin has not yet grown into a baby, and there is still huge room for growth. Its prospects are broad. Let’s take a look at what height Bitcoin has reached in the next ten years. More and more people will know about Bitcoin, everyone will need Bitcoin, and the transaction demand for Bitcoin will be extremely strong.

Is Bitcoin a Ponzi scheme? :

First of all, Ponzi scheme is the name for investment fraud in the financial field and is the ancestor of the pyramid scheme (Pyramid scheme). Many illegal MLM groups use this trick to amass money. This deception was "invented" by a speculator named Charles Ponzi. Ponzi schemes are also known in China as "tear down the east wall to make up for the west wall" and "empty tricks". In short, it uses the money of new investors to pay interest and short-term returns to old investors in order to create the illusion of making money and thereby defraud more investments.

The best ways to let the world know that you are completely ignorant of Bitcoin technology are: first, using the metaphor of a tulip bubble, and second, saying that Bitcoin is a Ponzi scheme. A person likes to say this mostly because he is simply incapable of doing some basic research before making a claim about something he doesn't understand.

When you understand the technology behind Bitcoin and the reason why it was invented, you may find that Bitcoin is not a Ponzi scheme at all. Okay, let's break it down a little bit. Some people say that a Ponzi scheme is a deceptive investment scam that promises high rates of return on investment.For investors, the risk is very small.

The Bitcoin white paper originally released by Satoshi Nakamoto was about eight pages long. It was quite technical, but it was not particularly difficult to digest. It doesn’t mention anything about the return on an “investment” in Bitcoin, and it doesn’t even mention the price of Bitcoin.

It established its value in the process by simply solving one of the oldest problems in computer science, the Byzantine Generals' Problem. Bitcoin’s value proposition was never profit-driven, and holding Bitcoin was considered “legitimate” in the early years.

Bitcoin is definitely not a secret, it is one of the most open technologies in the world. It's open source, anyone can view the code, anyone can contribute to the code, and anyone can automate the software and participate in the network. The history of all Bitcoin transactions is visible to anyone in the world.

Bitcoin does not generate returns, but the price and scarcity of Bitcoin cause it to be directly related to people's needs, which are not imposed on others. Bitcoin’s biggest supporters aren’t going around asking you how much money you have and trying to trick you into investing more Bitcoin. New users who join the Bitcoin network will not use new funds to fund existing users. It can be said without mercy that most of those who promote Bitcoin as a Ponzi scheme are too lazy to seriously study and understand the true value of Bitcoin.

What is blockchain:

Blockchain is a term in the field of information technology. In essence, it is a shared database, and the data or information stored in it has the characteristics of "unforgeable", "full traces left", "traceable", "open and transparent" and "collectively maintained". Based on these characteristics, blockchain technology has laid a solid foundation of "trust" and created a reliable "cooperation" mechanism with broad applications.

Blockchain originated from Bitcoin. On November 1, 2008, a person claiming to be Satoshi Nakamoto published the article "Bitcoin: A Peer-to-Peer Electronic Cash System", which elaborated on the The architectural concepts of electronic cash systems such as P2P network technology, encryption technology, timestamp technology, and blockchain technology marked the birth of Bitcoin. Two months later, the theory came into practice, and on January 3, 2009, the first genesis block with serial number 0 was born. A few days later, block number 1 appeared on January 9, 2009, and was connected to the genesis block number 0 to form a chain, marking the birth of the blockchain.

Are virtual currencies a scam? :