Bitcoin Account Application 、Characteristics of Bitcoin

The decentralized network architecture is very simple ，There is very little infrastructure required ，All matters related to Bitcoin ，Including release 、Transaction processing and verification are carried out through the network ，There is no special agency to monitor the entire flow of funds

Bitcoin is so popular ，How do we have an account ，Let's take a look at the application process for Bitcoin account 。 one 、Bitcoin Account Application 1、Exchange Account Application When we are buying and selling bitcoin ，Need to trade through a trading platform 。Then first you need to have a trading platform account ，The registration method of each exchange account is similar ，Below is Ouyi OKXHow to register an account on the exchange to explain 。 If you have a client, open Ouyi directly OKXExchange website address ，If not, the user needs to download one APP。There is a registration option in the upper right corner of the official website ，Click to register 。There are two types of registration methods ，One is email registration and the other is mobile number registration ，Just choose one of them 。Here we choose the mobile number to register ，Enter your mobile phone number ，Send verification code ，Whether it is a mobile phone verification code or an email verification code ，Timeliness is 10minute 。Click to register ，Will let you create a password ，What needs to be noted here is ，The entered password needs to be created according to system conditions ，The more complex the security factor, the higher the ，You can use your mobile phone or laptop to back up ，Take it out when you forget 。 After registering ，Enter the interface ，Will let you choose a newbie or an experienced person 。If you are newbies, choose the newbies on the left. ，In this way, the system will give a prompt during the subsequent operation 。After this step, there is a more critical operation ，Identity Authentication 。If you do not authenticate, you cannot make any transactions. ，And you must use your ID card to authenticate ，This involves whether your funds can be withdrawn and traded, etc. 。After completing the registration ，You have an exchange account 。

2、Wallet Account Application Bitcoin may have security risks in the long-term placement of exchanges ，After all, the exchange is stolen or run away at any time ，More and more coin friends are kept by themselves ，Then you need a Bitcoin wallet to keep Bitcoin yourself 。How to register a wallet account ？Decentralized wallets are TokenPocketExplain as an example 。 First, download the wallet software on the corresponding official website 。Using Android phone APPAs an example 。Click on the upper right corner +Number ，choose “Bitcoin ”system ，Click “Create a wallet ”，Creating a wallet is free 。Fill in the information displayed on the page ，Put the wallet name 、After filling in the password, click the precautions to view it ，After correct click on the following things I am familiar with to create a wallet 。The system will pop up “Backup wallet ”page ，Click on 12A random English word ，Copy the mnemonic words and store them in a safe place ，Be careful not to take screenshots or copy ，If someone gets your mnemonic, you will get your assets directly ！Click after copying “Next step ”，You will be asked to fill in the order of the mnemonic words just now ，Finally, click confirm to complete the creation of the wallet 。 two 、Characteristics of Bitcoin 1、Total quantity fixed

The issuance limit for Bitcoin is 2100Ten thousand ，Approximately 2140Its new growth will drop to infinitely close to 0。From this perspective ，Regardless of how the unit currency value changes ，Due to the strict limits on its overall total ，Bitcoin can only be a deflationary currency ，It is impossible to form inflation 。

2、Decentralization Bitcoin is a decentralized currency ，Adopt end-to-end （P2P）Technical implementation 。The decentralized network architecture is very simple ，There is very little infrastructure required ，All matters related to Bitcoin ，Including release 、Transaction processing and verification are carried out through the network ，There is no special agency to monitor the entire flow of funds 。Bitcoin usage P2Ptechnology ，And not subject to the jurisdiction of central agencies 。This means ，From the perspective of human society's dependence on the Internet today to the future ，As long as the Internet and humanity are not destroyed ，Bitcoin will continue to exist ，And always owned by people 、use 、Circulation 。

3、Not forged Proof of Work is the security mechanism of blockchain ledgers ，This consensus mechanism ensures the reliability of Bitcoin data records on the blockchain 。If someone modified the algorithm ，Then the recorded data in the blocks it produces will change ，All nodes in the system will find the difference as soon as possible when making correctness judgments. ，Will not recognize it ，The operation after modifying the algorithm is invalid ，This ensures that Bitcoin is not forged 。

4、Account anonymity Bitcoin transactions are not used for transactions ，Instead, use Bitcoin address for transactions 。Bitcoin exists in one or more deposit addresses ，These addresses are unnamed ，No one knows one for a long time 32Whose Bitcoin address is 。Although various transactions at this address are verified and recorded by nodes across the entire network 。But the transaction account has no signature ，Naturally, it is impossible to know the specific personnel information 。

5、Fast payment ，Low cost Currently there are hundreds of thousands of Bitcoin nodes around the world ，We can not only buy Bitcoin from these nodes through channels ，Bitcoin can also be easily exchanged for fiat currencies in many countries through the Internet. 。Just have a Bitcoin wallet ，Plus a mobile phone or laptop that can access the Internet anytime, anywhere ，You can trade anytime, anywhere ，And the transaction cost is much lower than that of fiat currency transactions 。

three、Bitcoin’s blockchain technology application In the field of finance ，Bankers are beginning to face up to blockchain technology to replace interbank securities and capital transfers 、Clearing 、Possibility of complex processes like settlement 。Utilize Bitcoin technology ，We can encourage the emergence of new ways of collaboration that could not exist before ，Innovate a series of industries ，Change the way the organization is set up 。Blockchain technology has broad potential ，Good changes can be brought about inviolable property records ，It can also be used in decentralized IoT transactions ，The device can directly conduct secure conversations and transactions ，Removed friction from intermediaries ，Bring great development potential to the transportation industry and decentralized energy network 。In addition, there is also a lot of room for development in the financial field 。 Four 、summary Bitcoin is a digital currency ，Issuance and management of central institutions that do not rely on characteristics ，Instead, it protects transaction security and anonymity through cryptography and decentralized networks 。However, when trading Bitcoin ，You should understand the relevant risks and regulations ，Bitcoin is a highly volatile cryptocurrency ，Prices may change at any time 。