In the case of Bitcoin, miners run computer programs to verify the data that creates a complete transaction history of all Bitcoin. A technology known as the blockchain, which is used to create irreversible and traceable transactions, makes the process of verification possible. Once a miner has verified the data (which comes in a block, hence, blockchain), they are rewarded with some amount of digital currency, the same currency for which they were verifying the transaction history. So mining Bitcoin, for example, would earn you Bitcoin.

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don’t use coinbase. They held my funds and I couldn’t use my bitcoins until their value dropped by 1/4. this company is awful. I verified my ID, bank account, email, and everything and they lied and said initially it takes 3-4 days for funds to be available. once the bought the bitcoin they said it will take one week. and that is still a lie because after one week the funds are NOT available. liars !!!! 

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Because the blockchain works by verifying transaction history, and this verification process is labor-intensive and slow, only so many transactions can be verified in a certain timespan. So, if you sell your Bitcoin, but the purchase isn’t confirmed by the blockchain network, and the price of the currency changes, the sale won’t process. You'd have to sell your Bitcoin at whatever the new rate is (if you so choose to sell). Also due to the reality of blockchain, as well as for other reasons thus far unidentified, the Coinbase payout system can sometimes be unreliable. There have been reports of extensively delayed payout periods, and bugs sometimes keep the site from running as efficiently as it could or should. A word to the wise: if you are going to invest in and speculate on cryptocurrencies, do so carefully.​ 

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Bitcoin mining saps energy, costly, uses more power and also the reward delays. For mining, run software, get your wallet ready and be the first to solve a cryptographic problem and you get your reward after the new blocks have been added to the blockchain.Mining is said to be successful when all the transactions are recorded in the blockchain and the new blocks are added to the blockchain.

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In the case of Bitcoin, miners run computer programs to verify the data that creates a complete transaction history of all Bitcoin. A technology known as the blockchain, which is used to create irreversible and traceable transactions, makes the process of verification possible. Once a miner has verified the data (which comes in a block, hence, blockchain), they are rewarded with some amount of digital currency, the same currency for which they were verifying the transaction history. So mining Bitcoin, for example, would earn you Bitcoin.

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如果目的IP地址显示不是同一网段的,那么A要实现和B的通讯,在流缓存条目中没有对应MAC地址条目,就将第一个正常数据包发送向一个缺省网关,这个缺省网关一般在操作系统中已经设好,这个缺省网关的IP对应第三层路由模块,所以对于不是同一子网的数据,最先在MAC表中放的是缺省网关的MAC地址(由源主机A完成);然后就由三层模块接收到此数据包,查询路由表以确定到达B的路由,将构造一个新的帧头,其中以缺省网关的MAC地址为源MAC地址,以主机B的MAC地址为目的MAC地址。通过一定的识别触发机制,确立主机A与B的MAC地址及转发端口的对应关系,并记录进流缓存条目表,以后的A到B的数据(三层交换机要确认是由A到B而不是到C的数据,还要读取帧中的IP地址。),就直接交由二层交换模块完成。这就通常所说的一次路由多次转发。 [3]  

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On February 16, 2018, Coinbase admitted that some customers were overcharged in error for credit and debit purchases of cryptocurrencies. The problem was initiated when banks and card issuers changed the merchant category code (MCC) for cryptocurrency purchases earlier this month. This meant that cryptocurrency payments would now be processed as "cash advances", meaning that banks and credit card issuers could begin charging customers cash-advance fees for cryptocurrency purchases. Any customers who purchased cryptocurrency on their exchange between January 22 and February 11, 2018 could have been affected. At first, Visa blamed Coinbase, telling the Financial Times on February 16 that it had "not made any systems changes that would result in the duplicate transactions cardholders are reporting." However, the latest statement from Visa and Worldpay on the Coinbase blog clarifies: "This issue was not caused by Coinbase."[45]

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Bitcoin is the world’s first cryptocurrency which works on a completely decentralized network known as the blockchain. The blockchain network consists a link of blocks that are secured using cryptography and record all the transactions. Bitcoin was first presented to the world in 2009 by an anonymous identity known as Satoshi Nakamoto. As Bitcoin works on a decentralized network, it is completely free from the involvement of third-party financial institutions or central banks. The Bitcoin blockchain facilitates instant peer-to-peer transactions at minimum transactions fees required to maintain the network. The total number of Bitcoins is fixed at 21 million with its smallest unit being referred to as Satoshi. Each Satoshi represents a hundred millionth part of Bitcoin which means that 100,000,000 Santoshi = 1 BTC. Additional Bitcoins are generated by a process known as mining. Bitcoins are mined by professional miners solving complex computational equations. For each Bitcoin mined, the miners are rewarded with either more coins or transaction fees. The miners also validate all transactions on the Bitcoin network as well as look after the network security. Bitcoin can be exchanged with fiat currencies or other digital currencies. There are over 100,000 merchants and vendors accepting Bitcoin all over the world.

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Coinbase has two core products: a Global Digital Asset Exchange (GDAX) for trading a variety of digital assets on its professional asset trading platform, and a user-facing retail broker of Bitcoin, Bitcoin Cash, Ether, Ethereum Classic, and Litecoin for fiat currency.[24] It also offers an API for developers and merchants to build applications and accept payments in both digital currencies. As of 2018, the company offered buy/sell trading functionality in 32 countries,[42] while the cryptocurrency wallet was available in 190 countries worldwide.[43] On March 26, 2018, Coinbase announced their intention to add support for ERC-20 tokens.[44]

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         其原理是:假设两个使用IP协议的站点A、B通过第三层交换机进行通信,发送站点A在开始发送时,把自己的IP地址与B站的IP地址比较,判断B站是否与自己在同一子网内。若目的站B与发送站A在同一子网内,则进行二层的转发。若两个站点不在同一子网内,如发送站A要与目的站B通信,发送站A要向“缺省网关”发出ARP(地址解析)封包,而“缺省网关”的IP地址其实是三层交换机的三层交换模块。当发送站A对“缺省网关”的IP地址广播出一个ARP请求时,如果三层交换模块在以前的通信过程中已经知道B站的MAC地址,则向发送站A回复B的MAC地址。否则三层交换模块根据路由信息向B站广播一个ARP请求,B站得到此ARP请求后向三层交换模块回复其MAC地址,三层交换模块保存此地址并回复给发送站A,同时将B站的MAC地址发送到二层交换引擎的MAC地址表中。从这以后,当A向B发送的数据包便全部交给二层交换处理,信息得以高速交换。由于仅仅在路由过程中才需要三层处理,绝大部分数据都通过二层交换转发,因此三层交换机的速度很快,接近二层交换机的速度,同时比相同路由器的价格低很多。

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