9. Concept and Explanation

134. Why can the BRC20 protocol help DW20 become Bitcoin’s standard currency?

Answer: DW20 is issued according to the BRC20 protocol and is a BRC20 token that is intelligently distributed based on a chainless system. The chainless system is a transparent and centralized payment platform. It uses the BRC20 protocol, the space of Bitcoin’s Segregated Witness, and the reliability of the tested POW consensus to upload the […]

134. Why can the BRC20 protocol help DW20 become Bitcoin’s standard currency? Read More »

133. Has cluster technology been verified on a large scale?

Answer: The chainless platform is a brand new platform, and the basic development uses a new language. This language is Greatfree, a universal distributed language written in JAVA language. This language has not been tested in large-scale actual combat. Fortunately, Professor Li Bing wrote the chainless system’s basic code alone, which provides the basic conditions

133. Has cluster technology been verified on a large scale? Read More »

132. Why is it so controversial to store the content generated by BRC20 in the Bitcoin system?

Answer: The security of the Bitcoin system is very high, which has been tested by the market and practice for a long time. However, after storing the content generated by BRC20 in the Bitcoin system, its security and reliability have not been verified by the market for a long time, which will inevitably confuse some

132. Why is it so controversial to store the content generated by BRC20 in the Bitcoin system? Read More »

131. What is the difference between the Bitcoin system and the commercial banking system?

Answer: Bitcoin has an extremely high level of machine credit security. Transaction information is publicly recorded and needs to be verified through the consensus of computing nodes on the network system. Although anyone can view the transaction records, the real identity behind it is usually anonymous and can prevent manipulation and tampering by a single

131. What is the difference between the Bitcoin system and the commercial banking system? Read More »

130. After DW20 enters the third stage, what are the respective roles of Bitcoin and DW20? How is the relationship between the two embodied?

Answer: At this stage, Bitcoin will be used to measure global wealth and growth, a measure of hundreds of billions of dollars of wealth, while DW20 will be used to measure the price of specific commodities. At this time, the fluctuations in global economic growth are reflected in Bitcoin, and DW20 can also replace the

130. After DW20 enters the third stage, what are the respective roles of Bitcoin and DW20? How is the relationship between the two embodied? Read More »

129. DW20, what is the relationship between the Bitcoin and chainless systems?

Answer: We will answer this question by referring to the diagram below: 1. The Bitcoin and chainless systems are connected through cross-chain conversion, and the user controls this process entirely. Chainless systems need to verify this. 2. The chainless system is the second layer of the Bitcoin system. It closely links the chainless platform with

129. DW20, what is the relationship between the Bitcoin and chainless systems? Read More »

128. Does Bitcoin have any solution to the bubble lending problem of commercial banks?

Answer: Bitcoin is an on-chain cryptocurrency. The results of cryptocurrency practice show that there will be no bubbles on the chain. However, the Bitcoin and commercial banking systems are financial systems that operate independently. The two systems cannot be confused, and Bitcoin cannot directly solve the bubble lending problem of a specific commercial bank. The

128. Does Bitcoin have any solution to the bubble lending problem of commercial banks? Read More »

127. How does Bitcoin solve the problem of excessive currency issuance by the central bank?

Answer: The current Bitcoin system alone cannot completely solve the problem of excessive currency issuance by the central bank. However, a global bubble-free financial system based on the Bitcoin standard can fundamentally solve this problem. “Bubble-free financial system” refers to “creating an international reserve currency that is decoupled from sovereign countries and can maintain long-term

127. How does Bitcoin solve the problem of excessive currency issuance by the central bank? Read More »

126. What is the corresponding relationship between the two sides of the resonance effect?

Answer: The two sides of the resonance effect mean that the chainless platform is on one side, and the application projects on the chainless platform are on the other. The two parties encourage and influence each other, forming a resonance effect. Application projects run on the platform and bring customers to the platform. These customers

126. What is the corresponding relationship between the two sides of the resonance effect? Read More »

125. What is the purpose of transparent centralization? Why do this?

Answer: Bitcoin is decentralized, and the issuance of digital currency must follow the principle of decentralization. The platform that hosts digital currency or blockchain projects should not be decentralized but must be responsible and run by a team. It is wrong to understand “decentralization one-sidedly” and rigidly mistake absolute decentralization for the characteristics and connotations

125. What is the purpose of transparent centralization? Why do this? Read More »

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