Chapter 428 Mining begins, and the world's first bitcoin is mined

If he remembers correctly, when Bitcoin was taken seriously by the market. A variety of cryptocurrencies have sprung up all over the world. It's just that the world often only remembers Bitcoin. Including its price, the company's market capitalization is also a big cut off the second and third places......

After listening to Ma Wei's words, all the IT elites present nodded convincingly. They originally thought that they were already very strong in the computer field, and there were almost no problems that they didn't understand.

However, today, someone really taught a good lesson. This can be regarded as a convincing loss, without any temper.

……

After the interview, Ma Wei directly asked the assistant to arrange a press conference. Then it was officially presented to the media all over the world, the so-called "virtual currency concept". Then it was also announced that the Ma V Group was about to invest in the mining of the world's first cryptocurrency, which was called "Bitcoin".

It was naturally not Ma Wei himself who showed his face at the press conference. But people in the industry know that all this kind of novel and highly conceptual ideas are often made by Ma Wei, chairman of Ma V Group.

No matter who publishes it, it's just a formality. The big boss behind the scenes has been controlling the entire industry......

As soon as the news of "Bitcoin" was released, it immediately made computer enthusiasts and computer practitioners all over the world feel that their eyes lit up!

"Cryptocurrency, mined by a computer? It's a very creative idea! It's kind of interesting. ”

"Damn, this idea is really amazing, cryptocurrency compared to printing banknotes, there are many advantages! One can save the cost of paper printing, data review, anti-counterfeiting, escort circulation, vault storage and so on. The second one is completely decentralized, and without an issuer, you can't control the number of issuances......"

"Cryptocurrencies without borders, which are more open than the euro, I just don't know if they will be recognized when the time comes. It is estimated that many financial groups will wait and see this, and will enter the market unless their stability and reliability are determined. ”

……

The concept proposed by Ma Wei alone has aroused strong interest among financial scholars and computer experts around the world. Everyone waited for him to mine the first bitcoin and then see how the market reacted.

Based on some experience in his previous life, Ma Wei easily formulated the encryption code of Bitcoin, which is the same as the serial number in the lower left corner of the RMB, and whoever owns this serial number can have the right to use the cryptocurrency. Recognizable, as well as non-reproducible.

A month and a half later, thanks to the efforts of Mavi's team, they completed the cryptographic calculation formula for Bitcoin. In order to meet these conditions, one thing that must be met is the power of the computer. This is directly linked to electricity, which means that if other people want to mine and mine bitcoins, they must pay a certain amount of electricity. There is no such thing as a get-for-nothing approach.

To put it bluntly, Bitcoin is fundamentally a public bookkeeping system that verifies each other, and the essence of mining is to compete for bookkeeping rights. From the perspective of the content of the work, the so-called "mining" is the collection, verification and confirmation of transaction information that has occurred in the past period of time and has not yet been recognized by the network.

Finally, it is packaged and encrypted into a transaction record information block that cannot be tampered with, so that it becomes a recognized completed transaction record on the Bitcoin network and is permanently preserved.

"Chairman Ma Wei, the calculation of Bitcoin and the verification formula have been written into the system. Now we connect it to the computer used for the experiment, and we estimate that in about 10 minutes, we will be able to mine the first bitcoin. "The HP VP engineer who was recruited at the beginning led the team to complete the task given by Ma Wei.

"Okay, then we'll see. Ma Wei and his team stood in front of the computer, waiting for the mining data to be generated. It was also a new experience for him. I remember that in a past life, many people mistakenly underestimated the value of Bitcoin, resulting in losing the opportunity to become a billionaire in the end.

For example, there is an IT engineer who stored the 10,000 bitcoins he bought and played with in his old hard drive. However, three years later, he himself forgot about it. The hard drive was thrown into the trash when he was tidying up the room.

Then, another year later, the price of Bitcoin began to skyrocket. That's when the engineer remembered that his 10,000 bitcoins, if he sold it for $3,000, it would be 30 million!

"Let's start the program. With Ma Wei's order, the Bitcoin R&D team around him began a series of operations.

Twelve minutes later, an encrypted CDK with a computer's unique serial number appeared on their system. The computer group used for the experiment also has an encrypted sequence code, which represents the success of mining.

"Chairman Ma Wei, everything is going very well, and we only need to have more and more computers to reach a mutual authentication relationship with our system. Then our bitcoin virtual currency system can be regarded as a preliminary achievement!" said to Ma Wei calmly and competently, a VP engineer from Hewlett-Packard.

"Okay, then immediately hold a press conference and tell the media about this. Ma Wei immediately ordered. Now that his side is ready, it depends on how miners around the world treat it.

"Understood, Chairman Ma Wei, I'll send someone to contact!"

In the afternoon of the same day, Mavi Group held another press conference, announcing that they had mined the first bitcoin, proving that the data module, the computing system, was completely fine. Welcome computer groups from all over the world to come to the certification docking and dig out their first pot of gold......

As soon as this news came out, many computer enthusiasts who were originally very concerned about Bitcoin all logged on to the official website of Mawei Group and tried to mine there.

According to the rules of the data system, on average, every 10 minutes, one bitcoin appears. The ownership of this bitcoin is obtained by the computer with the world's number one data.

In other words, there are only 6 bitcoins in an hour, and only 144 bitcoins are produced in a day, which is extremely rare.

"This bitcoin is too difficult to mine, it's been connected for more than an hour, and I haven't mined a single one. ”

"Is there any god in the forum who has mined bitcoin? How the hell is this thing calculated? There won't be any shady scenes, right?"

Due to many people's incomprehension of new things, the virtual currency that Ma Wei made was the same as the initial situation in his previous life, and was picked and questioned in various ways.

As a result, in just one week, there are fewer and fewer computers involved in the linkage. And the price of bitcoin sold in the market is also a staggering $0.0007. This is still for the sake of the face of the Mavi Group, and the extra $0.0004 is given......

(End of chapter)