Directory What is Bitcoin? How does Bitcoin work? Why is Bitcoin not scalable? What is BIP (Bitcoin Improvement Proposal)? What is Bitcoin Taproot Update? Pay to Taproot (P2TR): Benefits of Taproot: Space-saving privacy advantages Security upgrade conclusion: ?Bitcoin is the first digital currency that can send and receive funds without using a third party. Since Bitcoin is software, like any other software, it needs updates and bug fixes. Bitcoin Taproot is such an update that introduces new features to Bitcoin. Cryptocurrency is a hot topic now. People have been talking about it for years, but now with prices rising rapidly, suddenly everyone decides to join and invest in them. Message

The total amount of Bitcoin is 21 million, which is an unchangeable rule determined by algorithm design. 1. Through the proof of work mechanism and the issuance rule of half of every 210,000 blocks, the issuance of new coins decreased exponentially, and the additional issuance was finally stopped around 2140. 2. The total amount of 21 million is derived from summing the equal-scale sequence. The initial reward is 50 bitcoins. After each halving, the sum of the sum converges to 21 million. It is solidified by the code and cannot be tampered with. 3. Since its birth in 2009, all four halving events have significantly driven prices, verified the effectiveness of the scarcity mechanism and formed a global consensus. 4. Fixed total gives Bitcoin anti-inflation and digital yellow metallicity, with its market value exceeding US$2.1 trillion in 2025, becoming the fifth largest capital in the world

The failure to register a Binance account is mainly caused by regional IP blockade, network abnormalities, KYC authentication failure, account duplication, device compatibility issues and system maintenance. 1. Use unrestricted regional nodes to ensure network stability; 2. Submit clear and complete certificate information and match nationality; 3. Register with unbound email address; 4. Clean the browser cache or replace the device; 5. Avoid maintenance periods and pay attention to the official announcement; 6. After registration, you can immediately enable 2FA, address whitelist and anti-phishing code, which can complete registration within 10 minutes and improve security by more than 90%, and finally build a compliance and security closed loop.

Currently, JD.com has not issued any stablecoins, and users can choose the following platforms to purchase mainstream stablecoins: 1. Binance is the platform with the largest transaction volume in the world, supports multiple fiat currency payments, and has strong liquidity; 2. OKX has powerful functions, providing 7x24-hour customer service and multiple payment methods; 3. Huobi has high reputation in the Chinese community and has a complete risk control system; 4. Gate.io has rich currency types, suitable for exploring niche assets after purchasing stablecoins; 5. There are many types of currency listed on KuCoin, which is conducive to discovering early projects; 6. Bitget is characterized by order transactions, with convenient P2P transactions, and is suitable for social trading enthusiasts. The above platforms all provide safe and reliable stablecoin purchase services.

Stablecoins are highly favored for their stable value, safe-haven attributes and a wide range of application scenarios. 1. When the market fluctuates violently, stablecoins can serve as a safe haven to help investors lock in profits or avoid losses; 2. As an efficient trading medium, stablecoins connect fiat currency and the crypto world, with fast transaction speeds and low handling fees, and support rich trading pairs; 3. It is the cornerstone of decentralized finance (DeFi).

Stable coins are cryptocurrencies whose value is linked to stable assets such as the US dollar. They aim to solve the problem of large price fluctuations such as Bitcoin. There are three main types: 1. Fiat currency collateralized stablecoins, such as USDT and USDC, are supported by the issuer's reserves of equivalent fiat currencies; 2. Money collateralized stablecoins, such as DAI, are generated by over-collateralized crypto assets; 3. Algorithmic stablecoins, relying on smart contracts to adjust supply and demand to maintain price stability. The reason why stablecoins can change the future is: 1. It is a bridge connecting the traditional finance and the crypto world, reducing the threshold for user entry; 2. Achieve efficient and low-cost global payments and settlements, greatly improving the efficiency of cross-border capital flow; 3. It forms the cornerstone of decentralized finance (DeFi), for lending, transactions, etc.

Novice to enter the currency circle need to learn systematically, choose reliable platforms, ensure safety, master trading operations, and continue to learn. 1. Learn basic knowledge, including blockchain principles, mainstream currencies, storage usage and risk management; 2. Choose reliable exchanges such as Binance and Ouyi; 3. Set up a secure environment, enable two-step verification and backup of private keys; 4. Deposit through C2C or bank and conduct spot trading; 5. Continue to pay attention to the dynamics, diversify investment and strictly stop losses.

The strategy of choosing altcoins in a bull market, and buying BTC in a bear market is established because it is based on the cyclical laws of market sentiment and asset attributes: 1. In the bull market, altcoins are prone to high returns due to their small market value, narrative-driven and liquidity premium; 2. In the bear market, Bitcoin has become the first choice for risk aversion due to scarcity, liquidity and institutional consensus; 3. Historical data shows that the increase in the bull market altcoins in 2017 far exceeded that of Bitcoin, and the decline in the bear market in 2018 was also greater. In 2024, funds in the volatile market will be further concentrated in BTC; 4. Risk control needs to be vigilant about manipulating traps, buying at the bottom and position management. It is recommended that the position of altcoins in a bull market shall not exceed 30%, and the position holdings of BTC in a bear market can be increased to 70%; 5. In the future, due to institutionalization, technological innovation and macroeconomic environment, the strategy needs to be dynamically adjusted to adapt to market evolution.