{"id":5030,"date":"2024-12-22T21:23:06","date_gmt":"2024-12-22T13:23:06","guid":{"rendered":"https:\/\/cathayvista.top\/?p=5030"},"modified":"2025-01-30T20:47:13","modified_gmt":"2025-01-30T12:47:13","slug":"bitcoin-fulltext-zhen","status":"publish","type":"post","link":"https:\/\/cathayvista.top\/index.php\/2024\/12\/22\/bitcoin-fulltext-zhen\/","title":{"rendered":"\u6bd4\u7279\u5e01 \/ Bitcoin &#8211; \uff08\u5168\u6587\uff09\u4e2d\u82f1\u6587\u7ef4\u57fa\u767e\u79d1\u8bcd\u6761\u878d\u5408"},"content":{"rendered":"\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"has-small-font-size\">\u4e2d\u6587\u8bcd\u6761\u539f\u6587\u94fe\u63a5\uff08\u65e0\u6cd5\u4ece\u4e2d\u56fd\u5185\u5730\u8bbf\u95ee\uff09\uff1a<a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81\" target=\"_blank\" rel=\"noreferrer noopener\">\u8bf7\u70b9\u51fb\u8fd9\u91cc\u8bbf\u95ee<\/a> <br>\u82f1\u6587\u8bcd\u6761\u539f\u6587\u94fe\u63a5\uff08\u65e0\u6cd5\u4ece\u4e2d\u56fd\u5185\u5730\u8bbf\u95ee\uff09\uff1a<a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin\" target=\"_blank\" rel=\"noreferrer noopener\">\u8bf7\u70b9\u51fb\u8fd9\u91cc\u8bbf\u95ee<\/a> <br>\u672c\u6587\u57fa\u4e8e\u82f1\u6587\u8bcd\u6761\u7684\u7ebf\u7d22\uff0c\u5e76\u8865\u5145\u90e8\u5206\u6765\u81ea\u4e2d\u6587\u8bcd\u6761\u7684\u5185\u5bb9\uff08\u5728\u4e8c\u8005\u51b2\u7a81\u65f6\uff0c\u4ee5\u66f4\u665a\u66f4\u65b0\u8005\u4e3a\u51c6\uff09\u3002 \u8fbd\u89c2\u642c\u8fd0\u65f6\u8fdb\u884c\u4e86\u5fc5\u8981\u7684\u5408\u89c4\u5316\u5904\u7406\uff0c\u4ee5\u4f7f\u5176\u80fd\u591f\u5728\u4e2d\u56fd\u5185\u5730\u4e0a\u4f20\u3002\u90e8\u5206\u6587\u5b57\u91c7\u7528<strong>\u6c49\u8bed\u62fc\u97f3<\/strong>\u65b9\u5f0f\u4ee3\u66ff\uff0c\u97f3\u8282\u540e\u7684\u6570\u5b57\u8868\u793a\u6c49\u8bed\u62fc\u97f3\u89c4\u5219\u4e2d\u7684\u58f0\u8c03\u3002 <\/p>\n\n\n\n<p class=\"has-small-font-size\">\u5173\u4e8e\u8fbd\u89c2\u7684\u7ef4\u57fa\u767e\u79d1\u642c\u8fd0\u8ba1\u5212\uff0c\u53ca\u5176\u4ed6\u5df2\u642c\u8fd0\u7684\u8bcd\u6761\uff0c<a href=\"https:\/\/cathayvista.top\/index.php\/wikipedia-intro\/\" data-type=\"link\" data-id=\"https:\/\/cathayvista.top\/index.php\/wikipedia-intro\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u8bf7\u70b9\u51fb\u8fd9\u91cc\u4e86\u89e3\u66f4\u591a<\/a>\u3002\u7ef4\u57fa\u767e\u79d1\uff08Wikipedia\uff09\u662f\u7f8e\u56fd\u7ef4\u57fa\u5a92\u4f53\u57fa\u91d1\u4f1a\u7684\u4e92\u8054\u7f51\u767e\u79d1\u9879\u76ee\uff0c\u5176\u5185\u5bb9\u53ef\u80fd\u53d7\u5230\u7acb\u573a\u3001\u4fe1\u606f\u6765\u6e90\u7b49\u56e0\u7d20\u5f71\u54cd\uff0c\u8bf7\u5ba2\u89c2\u770b\u5f85\u3002\u6b63\u6587\u5185\u5bb9\u4e0d\u4ee3\u8868\u8bd1\u8005\u89c2\u70b9\u3002 <\/p>\n\n\n\n<p class=\"has-small-font-size\">\u8fbd\u89c2\u63d0\u4f9b\u7684\u7ffb\u8bd1\u4ec5\u4f9b\u53c2\u8003\u3002<strong>\u6587\u4e2d\u53ef\u80fd\u5305\u542b\u65e0\u6cd5\u4ece\u4e2d\u56fd\u5185\u5730\u8bbf\u95ee\u7684\u94fe\u63a5\u3002<\/strong> <\/p>\n<cite>\u8fbd\u89c2\u6240\u642c\u8fd0\u7684\u8bcd\u6761\u6587\u672c\u4e0e\u7ef4\u57fa\u767e\u79d1\u4e00\u9053\u540c\u6837\u9075\u5faaCC BY-SA 4.0\u534f\u8bae\uff08<a href=\"https:\/\/zhuanlan.zhihu.com\/p\/653887754?utm_psn=1730141199812366337\" target=\"_blank\" rel=\"noreferrer noopener\">\u8fbd\u89c2\u642c\u8fd0\u7684\u4e2d\u82f1\u6587\u5bf9\u7167\u7248\u672c<\/a>\uff09\uff0c\u5728\u7b26\u5408\u534f\u8bae\u8981\u6c42\u7684\u60c5\u51b5\u4e0b\u60a8\u53ef\u4ee5\u514d\u8d39\u4f7f\u7528\u5176\u5185\u5bb9\uff08\u5305\u62ec\u5546\u7528\uff09\u3002\u56fe\u7247\u548c\u89c6\u9891\u53ef\u80fd\u9075\u5faa\u4e0d\u540c\u7684\u5171\u4eab\u534f\u8bae\u3002<a href=\"https:\/\/zhuanlan.zhihu.com\/p\/666846485?utm_psn=1730141316690960386\" target=\"_blank\" rel=\"noreferrer noopener\">\u8bf7\u70b9\u51fb\u8fd9\u91cc\u8bbf\u95ee<\/a><\/cite><\/blockquote>\n\n\n\n<h2 class=\"wp-block-heading\">0. \u6982\u8ff0<\/h2>\n\n\n\n<p class=\"has-vivid-cyan-blue-color has-text-color has-link-color wp-elements-ee0a5df688effa2d905f4e9e9ab2e276\">\u8fbd\u89c2\u6ce8\uff1a\u6b64\u6807\u9898\u662f\u6211\u4eec\u5728\u642c\u8fd0\u3001\u6574\u5408\u8fc7\u7a0b\u4e2d\u6dfb\u52a0\u7684\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">0.1 \u6587\u5b57\u8bf4\u660e<\/h3>\n\n\n\n<p class=\"has-vivid-cyan-blue-color has-text-color has-link-color wp-elements-ee0a5df688effa2d905f4e9e9ab2e276\">\u8fbd\u89c2\u6ce8\uff1a\u6b64\u6807\u9898\u662f\u6211\u4eec\u5728\u642c\u8fd0\u3001\u6574\u5408\u8fc7\u7a0b\u4e2d\u6dfb\u52a0\u7684\u3002<\/p>\n\n\n\n<p><strong>\u6bd4\u7279\u5e01<\/strong>\uff08\u82f1\u8bed\uff1aBitcoin<sup>[\u5b57\u9762\u610f\u4e49\u4e3a&#8221;\u6bd4\u7279\u786c\u5e01&#8221;\uff0cbit\u4e3a\u6bd4\u7279\uff0c\u4e3a\u6570\u5b57\u7684\u6700\u5c0f\u5355\u4f4d\uff0c\u6b64\u540d\u79f0\u6709\u6570\u5b57\u8d27\u5e01\u7684\u542b\u4e49\uff0c\u91c7\u7528\u97f3\u8bd1\u7684&#8221;\u6bd4\u7279\u5e01&#8221;\u4e00\u8bcd\u5df2\u666e\u904d\u5728\u5404\u5730\u91c7\u7528\uff0c\u672c\u6761\u76ee\u4ece\u800c\u6cbf\u7528\u4e4b\u3002]<\/sup>\uff0c\u7f29\u5199\uff1aBTC \u6216 XBT\uff0c\u7b26\u53f7\uff1a\u20bf\uff09\u662f\u4e00\u79cd\u57fa\u4e8e\u53bb\u4e2d\u5fc3\u5316\u91c7\u7528<a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E9%BB%9E%E5%B0%8D%E9%BB%9E\">\u70b9\u5bf9\u70b9<\/a>\u7f51\u7edc\u3001<a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E5%85%B1%E8%AF%86%E4%B8%BB%E5%8A%A8%E6%80%A7\">\u5171\u8bc6\u4e3b\u52a8\u6027<\/a>\u4e0e<a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E9%96%8B%E6%94%BE%E5%8E%9F%E5%A7%8B%E7%A2%BC\">\u5f00\u653e\u6e90\u4ee3\u7801<\/a>\u4ee5<a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E5%8C%BA%E5%9D%97%E9%93%BE\">\u533a\u5757\u94fe<\/a>\u4f5c\u4e3a\u5e95\u5c42\u6280\u672f\u7684<a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E5%8A%A0%E5%AF%86%E8%B2%A8%E5%B9%A3\">\u52a0\u5bc6\u8d27\u5e01<\/a><sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-11\">[7]<\/a><\/sup>\u3002\u201c\u6bd4\u7279\u5e01\u201d\u4e00\u8bcd\uff0c\u6700\u65e9\u662f\u7531\u4e00\u540d\u53eb<a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E4%B8%AD%E6%9C%AC%E8%81%AA\">\u4e2d\u672c\u806a<\/a>\uff08\u7f51\u540d\uff09<sup>[\u4e2d\u672c\u806a\u53c8\u8bd1\u4e3a\u4e2d\u672c\u54f2\u53f2\uff0cSatoshi Nakamoto\uff0c\u771f\u5b9e\u8eab\u4efd\u672a\u77e5\uff0c\u53ef\u80fd\u662f\u4e00\u4e2a\u4eba\u6216\u662f\u4e00\u7fa4\u4eba\u6240\u7ec4\u6210\u7684\u56e2\u961f]<\/sup>\uff08Satoshi Nakamoto\uff09\u4e8e2008\u5e7410\u670831\u65e5\u53d1\u8868\u7684\u8bba\u6587\u4e2d\u63d0\u51fa<sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-13\">[8]<\/a><\/sup>\uff0c\u968f\u540e\u6bd4\u7279\u5e01\u521b\u4e16\u533a\u5757\u4e8e2009\u5e741\u67083\u65e5\u8bde\u751f\u3002<\/p>\n\n\n\n<p><strong>Bitcoin<\/strong> (abbreviation: <strong>BTC<\/strong>; <a href=\"https:\/\/en.wikipedia.org\/wiki\/Currency_symbol\">sign<\/a>: <strong>\u20bf<\/strong>) is the first <a href=\"https:\/\/en.wikipedia.org\/wiki\/Decentralized_application\">decentralized<\/a> <a href=\"https:\/\/en.wikipedia.org\/wiki\/Cryptocurrency\">cryptocurrency<\/a>. Based on a <a href=\"https:\/\/en.wikipedia.org\/wiki\/Free-market\">free-market<\/a> ideology, bitcoin was invented in 2008 by <a href=\"https:\/\/en.wikipedia.org\/wiki\/Satoshi_Nakamoto\">Satoshi Nakamoto<\/a>, an unknown person.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-whoissn-7\">[5]<\/a><\/sup> Use of bitcoin as a <a href=\"https:\/\/en.wikipedia.org\/wiki\/Currency\">currency<\/a> began in 2009,<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-NY2011-8\">[6]<\/a><\/sup> with the release of its <a href=\"https:\/\/en.wikipedia.org\/wiki\/Open-source_software\">open-source implementation<\/a>.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-Antonopoulos2014-9\">[7]<\/a>:\u200ach. 1\u200a<\/sup> In 2021, <a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin_in_El_Salvador\">El Salvador adopted it as legal tender<\/a>.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-BTCSVSept7FT-6\">[4]<\/a><\/sup> It is mostly seen as an <a href=\"https:\/\/en.wikipedia.org\/wiki\/Investment\">investment<\/a> and has been described by some scholars as an <a href=\"https:\/\/en.wikipedia.org\/wiki\/Economic_bubble\">economic bubble<\/a>.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-4Nobels-10\">[8]<\/a><\/sup> As bitcoin is <a href=\"https:\/\/en.wikipedia.org\/wiki\/Pseudonym\">pseudonymous<\/a>, <a href=\"https:\/\/en.wikipedia.org\/wiki\/Cryptocurrency_and_crime\">its use by criminals<\/a> has attracted the attention of regulators, leading to <a href=\"https:\/\/en.wikipedia.org\/wiki\/Legality_of_cryptocurrency_by_country_or_territory\">its ban by several countries<\/a> as of 2021.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-SunYin2019-11\">[9]<\/a><\/sup><br>\u3010\u53c2\u8003\u8bd1\u6587\u3011\u6bd4\u7279\u5e01\uff08\u7b80\u79f0\uff1aBTC\uff1b\u7b26\u53f7\uff1a\u20bf\uff09\u662f\u7b2c\u4e00\u79cd\u53bb\u4e2d\u5fc3\u5316\u7684\u52a0\u5bc6\u8d27\u5e01\u3002\u6bd4\u7279\u5e01\u57fa\u4e8e\u81ea\u7531\u5e02\u573a\u610f\u8bc6\u5f62\u6001\uff0c\u7531\u5316\u540d\u4e3a\u4e2d\u672c\u806a\u7684\u672a\u77e5\u4eba\u58eb\u4e8e2008\u5e74\u53d1\u660e\u3002[5]\u81ea2009\u5e74\u5176\u5f00\u6e90\u5b9e\u73b0\u53d1\u5e03\u540e\uff0c[6]\u6bd4\u7279\u5e01\u5f00\u59cb\u4f5c\u4e3a\u8d27\u5e01\u4f7f\u7528\u3002[7]\uff1a\u7b2c1\u7ae0 2021\u5e74\uff0c\u8428\u5c14\u74e6\u591a\u5c06\u5176\u91c7\u7eb3\u4e3a\u6cd5\u5b9a\u8d27\u5e01\u3002[4]\u6bd4\u7279\u5e01\u4e3b\u8981\u88ab\u89c6\u4e3a\u4e00\u79cd\u6295\u8d44\u5de5\u5177\uff0c\u5e76\u88ab\u4e00\u4e9b\u5b66\u8005\u63cf\u8ff0\u4e3a\u7ecf\u6d4e\u6ce1\u6cab\u3002[8]\u7531\u4e8e\u6bd4\u7279\u5e01\u5177\u6709\u5047\u540d\u6027\uff0c\u72af\u7f6a\u5206\u5b50\u5229\u7528\u6bd4\u7279\u5e01\u7684\u884c\u4e3a\u5f15\u8d77\u4e86\u76d1\u7ba1\u673a\u6784\u7684\u5173\u6ce8\uff0c\u622a\u81f32021\u5e74\uff0c\u5df2\u6709\u591a\u4e2a\u56fd\u5bb6\u7981\u6b62\u6bd4\u7279\u5e01\u3002[9]<\/p>\n\n\n\n<p><a href=\"https:\/\/en.wikipedia.org\/wiki\/Node_(networking)\">Nodes<\/a> in the <a href=\"https:\/\/en.wikipedia.org\/wiki\/Peer-to-peer\">peer-to-peer<\/a> <a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin_network\">bitcoin network<\/a> verify transactions through <a href=\"https:\/\/en.wikipedia.org\/wiki\/Cryptography\">cryptography<\/a> and record them in a public <a href=\"https:\/\/en.wikipedia.org\/wiki\/Distributed_ledger\">distributed ledger<\/a>, called a <a href=\"https:\/\/en.wikipedia.org\/wiki\/Blockchain\">blockchain<\/a>, without central oversight. <a href=\"https:\/\/en.wikipedia.org\/wiki\/Consensus_(computer_science)\">Consensus<\/a> between nodes is achieved using a computationally intensive process based on <a href=\"https:\/\/en.wikipedia.org\/wiki\/Proof_of_work\">proof of work<\/a>, called <a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin_mining\">mining<\/a>, that secures the bitcoin blockchain. Mining consumes large quantities of electricity and has been criticized for <a href=\"https:\/\/en.wikipedia.org\/wiki\/Environmental_impact_of_bitcoin\">its environmental impact<\/a>.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-12\">[10]<\/a><\/sup><br>\u3010\u53c2\u8003\u8bd1\u6587\u3011\u5728\u6bd4\u7279\u5e01\u7684\u70b9\u5bf9\u70b9\u7f51\u7edc\u4e2d\uff0c\u8282\u70b9\u901a\u8fc7\u5bc6\u7801\u5b66\u9a8c\u8bc1\u4ea4\u6613\uff0c\u5e76\u5c06\u5176\u8bb0\u5f55\u5728\u65e0\u9700\u4e2d\u592e\u76d1\u7ba1\u7684\u516c\u5171\u5206\u5e03\u5f0f\u8d26\u672c\uff08\u79f0\u4e3a\u533a\u5757\u94fe\uff09\u4e2d\u3002\u8282\u70b9\u4e4b\u95f4\u8fbe\u6210\u5171\u8bc6\u662f\u901a\u8fc7\u4e00\u4e2a\u57fa\u4e8e\u5de5\u4f5c\u91cf\u8bc1\u660e\uff08\u79f0\u4e3a\u6316\u77ff\uff09\u7684\u8ba1\u7b97\u5bc6\u96c6\u578b\u8fc7\u7a0b\u6765\u5b9e\u73b0\u7684\uff0c\u8be5\u8fc7\u7a0b\u53ef\u786e\u4fdd\u6bd4\u7279\u5e01\u533a\u5757\u94fe\u7684\u5b89\u5168\u3002\u6316\u77ff\u6d88\u8017\u5927\u91cf\u7535\u529b\uff0c\u5e76\u56e0\u5176\u73af\u5883\u5f71\u54cd\u800c\u53d7\u5230\u6279\u8bc4\u3002[10]<\/p>\n\n\n\n<p>\u5728\u5927\u90e8\u5206\u56fd\u5bb6\u3001<a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E5%A4%AE%E8%A1%8C\">\u592e\u884c<\/a>\u3001\u653f\u5e9c\u673a\u5173\u3001\u5b66\u672f\u754c\u5219\u5c06\u6bd4\u7279\u5e01\u89c6\u4e3a<a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E8%99%9B%E6%93%AC%E5%95%86%E5%93%81\">\u865a\u62df\u5546\u54c1<\/a>\uff0c\u800c\u4e0d\u8ba4\u4e3a\u662f\u8d27\u5e01<sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-14\">[9]<\/a><\/sup>\u3002<a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E8%B2%A8%E5%B9%A3%E7%B6%93%E6%BF%9F%E5%AD%B8\">\u8d27\u5e01\u91d1\u878d\u5b66<\/a>\u8ba4\u4e3a\u8d27\u5e01\u5177\u6709<a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E4%BA%A4%E6%98%93%E5%AA%92%E4%BB%8B\">\u4ea4\u6613\u4ecb\u8d28<\/a>\u3001<a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E8%AE%B0%E8%B4%A6%E5%8D%95%E4%BD%8D\">\u8bb0\u8d26\u5355\u4f4d<\/a>\u3001<a href=\"https:\/\/zh.wikipedia.org\/w\/index.php?title=%E5%83%B9%E5%80%BC%E5%84%B2%E8%97%8F&amp;action=edit&amp;redlink=1\">\u4ef7\u503c\u50a8\u85cf<\/a>\u548c<a href=\"https:\/\/zh.wikipedia.org\/w\/index.php?title=%E5%BB%B6%E6%9C%9F%E6%94%AF%E4%BB%98&amp;action=edit&amp;redlink=1\">\u5ef6\u671f\u652f\u4ed8<\/a>\u56db\u79cd\u57fa\u672c\u804c\u80fd\uff0c\u4f46\u7531\u4e8e\u5176\u9ad8\u5ea6\u6ce2\u52a8\u6027\u56e0\u6b64\u4e0d\u5177\u6709\u540e\u4e24\u79cd\u57fa\u672c\u804c\u80fd\u4ece\u800c\u4e0d\u662f\u8d27\u5e01\u3002<sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-15\">[10]<\/a><\/sup>\u5b83\u901a\u5e38\u88ab\u89c6\u4e3a\u4e00\u79cd\u6295\u8d44\uff0c\u5e76\u88ab\u8bb8\u591a\u5b66\u8005\u63cf\u8ff0\u4e3a\u7ecf\u6d4e\u6ce1\u6cab\u3002\u7531\u4e8e\u6bd4\u7279\u5e01\u7f51\u7edc\u7684\u533f\u540d\u6027\uff0c\u72af\u7f6a\u5206\u5b50\u5bf9\u5176\u7684\u4f7f\u7528\u5f15\u8d77\u4e86\u76d1\u7ba1\u673a\u6784\u7684\u6ce8\u610f\uff0c\u5bfc\u81f4\u5176\u81ea 2021 \u5e74\u8d77\u88ab\u591a\u4e2a\u56fd\u5bb6\u7981\u6b62\u3002<sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-16\">[11]<\/a><\/sup><\/p>\n\n\n\n<p>\u867d\u7136\u5728\u88ab\u591a\u56fd\u660e\u4ee4\u7981\u6b62\u540e\uff0c\u4f46\u4ecd\u6709\u90e8\u5206\u56fd\u5bb6\u5bf9\u6bd4\u7279\u5e01\u7684\u672a\u6765\u6301\u5f00\u653e\u6001\u5ea6\u30022021\u5e749\u6708\u521d\uff0c<a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E8%90%A8%E5%B0%94%E7%93%A6%E5%A4%9A\">\u8428\u5c14\u74e6\u591a<\/a>\u6b63\u5f0f\u5c06\u6bd4\u7279\u5e01\u4f5c\u4e3a\u56fd\u5bb6\u6cd5\u5b9a\u8d27\u5e01\u4e0e\u7f8e\u5143\u5e76\u5217\u4f7f\u7528\uff0c\u6d3e\u751f\u5de8\u5927\u4e89\u8bae\u548c\u6df7\u4e71\uff0c\u5f15\u8d77\u4e16\u754c\u5404\u5730\u6bd4\u7279\u5e01\u6295\u8d44\u8005\u548c\u6295\u673a\u8005\u7684\u5bc6\u5207\u5173\u6ce8\u3002<sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-17\">[12]<\/a><\/sup><\/p>\n\n\n\n<p>\u4f34\u968f\u6bd4\u7279\u5e01\u5728\u5168\u7403\u7684\u5f71\u54cd\u529b\u4e0e\u65e5\u4ff1\u589e\uff0c\u5f88\u591a\u56fd\u5bb6\u5728\u4ee5\u6bd4\u7279\u5e01\u4e3a\u4ee3\u8868\u7684\u52a0\u5bc6\u8d27\u5e01\u5408\u89c4\u5316\u65b9\u9762\uff0c\u7eb7\u7eb7\u51fa\u53f0\u76f8\u5173\u653f\u7b56\u4e0e\u6cd5\u89c4\u3002\u7ee7\u52a0\u62ff\u5927\u63a8\u51fa\u6bd4\u7279\u5e01\u3001\u4ee5\u592a\u5e01 ETH \u540e\uff0c2024\u5e741\u670810\u65e5\uff0c\u7f8e\u56fd\u8bc1\u5238\u4ea4\u6613\u59d4\u5458\u4f1a\uff08SEC\uff09\u5ba3\u5e03\u6279\u51c611\u6863\u6bd4\u7279\u5e01\u4e0a\u5e02\uff0c\u8fd9\u9879\u51b3\u5b9a\u4e5f\u5177\u6709\u91cd\u5927\u610f\u4e49\uff0c\u8c61\u5f81\u7740\u7f8e\u56fd\u653f\u5e9c\u5bf9\u52a0\u5bc6\u8d27\u5e01\u7684\u6001\u5ea6\u53d1\u751f\u4e86\u91cd\u5927\u8f6c\u53d8\u3002\u5728\u6b64\u4e4b\u524d\uff0c SEC \u66fe\u591a\u6b21\u9a73\u56de\u6bd4\u7279\u5e01 ETF \u7684\u7533\u8bf7\uff0c\u7406\u7531\u662f\u52a0\u5bc6\u8d27\u5e01\u5b58\u5728\u6b3a\u8bc8\u3001\u6d17\u94b1\u7b49\u98ce\u9669\u3002\u4f46\u8fd9\u6b21\u6279\u51c6\uff0c\u8868\u660e SEC \u5bf9\u52a0\u5bc6\u8d27\u5e01\u7684\u6001\u5ea6\u6709\u6240\u8f6f\u5316\uff0c\u81f3\u5c11\u627f\u8ba4\u4e86\u52a0\u5bc6\u8d27\u5e01\u4f5c\u4e3a\u4e00\u79cd\u6295\u8d44\u5de5\u5177\u7684\u5408\u6cd5\u6027\u3002<sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-18\">[13]<\/a><\/sup><sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-19\">[14]<\/a><\/sup><sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-20\">[15]<\/a><\/sup><\/p>\n\n\n\n<p>2024\u5e7411\u67086\u65e5\uff0c\u7531\u4e8e\u5bf9\u4e8e\u52a0\u5bc6\u8d27\u5e01\u9886\u57df\u8f83\u53cb\u597d\u7684<a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E5%94%90%E7%B4%8D%C2%B7%E5%B7%9D%E6%99%AE\">\u5510\u7eb3\u00b7\u5ddd\u666e<\/a>\uff0c\u5728\u7f8e\u56fd\u603b\u7edf\u5927\u9009\u4e2d\u83b7\u80dc\uff0c\u6bd4\u7279\u5e01\u4ef7\u683c\u4e00\u8def\u9ad8\u8d70\uff0c\u6700\u9ad8\u8fbe\u52309,9588\u7f8e\u5143\u5355\u679a\uff0c\u8ddd\u79bb10\u4e07\u7f8e\u5143\u4ec5\u5dee\u4e34\u95e8\u4e00\u811a\u3002<\/p>\n\n\n\n<p>2024\u5e7412\u67085\u65e5\uff0c\u5355\u679a\u6bd4\u7279\u5e01\u4ef7\u683c\u9996\u6b21\u7a81\u783410\u4e07\u7f8e\u5143\u5173\u53e3\uff0c\u6bd4\u7279\u5e01\u5e02\u503c\u7a81\u78342\u4e07\u4ebf\u7f8e\u5143\uff0c\u5347\u81f3\u5168\u7403\u8d44\u4ea7\u6392\u540d\u7b2c7\u4f4d\u3002<sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-21\">[16]<\/a><\/sup><\/p>\n\n\n\n<p>\u6709\u89c2\u70b9\u8ba4\u4e3a\uff0c\u6bd4\u7279\u5e01\u7684\u95ee\u4e16\u662f\u4eba\u4eec\u618e\u6068\u5546\u54c1\u7ecf\u6d4e\u4e2d<a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E5%9B%BD%E5%AE%B6%E4%B8%BB%E6%9D%83\">\u56fd\u5bb6\u4e3b\u6743<\/a>\u8d27\u5e01\u8d85\u53d1\u3001\u4ee5\u53ca<a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E8%B2%A8%E5%B9%A3%E6%94%BF%E7%AD%96\">\u8d27\u5e01\u653f\u7b56<\/a>\u5e72\u9884<sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-22\">[17]<\/a><\/sup>\u3001\u5411\u5f80<a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E7%A4%BC%E7%89%A9%E7%BB%8F%E6%B5%8E\">\u793c\u7269\u7ecf\u6d4e<\/a>\u4e2d<a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E9%A6%96%E6%AC%A1%E4%BB%A3%E5%B8%81%E5%8F%91%E5%94%AE\">\u793e\u533a\u5171\u8bc6\u8d27\u5e01\u81ea\u4e3b<\/a>\u7684\u7ed3\u679c<sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-23\">[18]<\/a><\/sup>\uff1b\u5176\u4e2d\u6bd4\u7279\u5e01\u7684\u6c47\u7387\uff0c\u4ee3\u8868\u5168\u7403\u6295\u8d44\u8005\u5bf9\u6bd4\u7279\u5e01\u589e\u52a0\u6216\u8005\u51cf\u5c11\u7684\u53cd\u5e94<sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-24\">[19]<\/a><\/sup>\uff1b\u800c\u6bd4\u7279\u5e01\u7684\u5e95\u5c42\u6280\u672f\u533a\u5757\u94fe\u53ef\u5e94\u7528\u5728\u5404\u884c\u5404\u4e1a<sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-25\">[20]<\/a><\/sup>\u3002<\/p>\n\n\n\n<p>\u901a\u5e38\uff0c\u9996\u5b57\u6bcd\u5927\u5199\u7684\u201cBitcoin\u201d\u662f\u6307\u5176\u6240\u4f7f\u7528\u7684\u6bd4\u7279\u5e01\u6280\u672f\u4e0e\u7f51\u7edc\uff0c\u800c\u9996\u5b57\u6bcd\u5c0f\u5199\u7684\u201cbitcoin\u201d\u624d\u662f\u6307\u52a0\u5bc6\u8d27\u5e01\u672c\u8eab<sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-26\">[21]<\/a><\/sup>\u3002\u6bd4\u7279\u5e01\u4e5f\u662f<a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E5%8C%BA%E5%9D%97%E9%93%BE\">\u533a\u5757\u94fe<\/a>\u652f\u4ed8\u7cfb\u7edf\u548c\u865a\u62df\u8ba1\u4ef7\u5de5\u5177<sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-27\">[22]<\/a><\/sup>\uff0c\u7531\u4e8e\u5176\u91c7\u7528<a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E5%AF%86%E7%A0%81%E5%AD%A6\">\u5bc6\u7801\u6280\u672f<\/a>\u6765\u63a7\u5236\u8d27\u5e01\u7684\u751f\u4ea7\u548c\u8f6c\u79fb\uff0c\u800c\u6ca1\u6709\u4e2d\u592e\u7684\u53d1\u884c\u673a\u6784\uff0c\u65e0\u6cd5\u4efb\u610f\u589e\u53d1\uff0c\u4ea4\u6613\u5728\u5168\u7403\u7f51\u7edc\u4e2d\u8fd0\u884c\uff0c\u6709\u7279\u6b8a\u7684\u9690\u79d8\u6027\uff0c\u52a0\u4e0a\u4e0d\u5fc5\u7ecf\u8fc7\u7b2c\u4e09\u65b9\u91d1\u878d\u673a\u6784\uff0c\u56e0\u6b64\u5f97\u5230\u8d8a\u6765\u8d8a\u5e7f\u6cdb\u7684\u5e94\u7528\uff0c\u4e5f\u6210\u4e86\u975e\u6cd5\u4ea4\u6613\u7684\u4ecb\u8d28\u3002\u7528\u6237\u5229\u7528\u4e2a\u4eba\u7535\u8111\u548c\u667a\u80fd\u624b\u673a\u4e2d\u7684\u52a0\u5bc6\u94b1\u5305\u8f6f\u4ef6\uff0c\u65e0\u9700\u4efb\u4f55\u94f6\u884c\u3001\u4fe1\u7528\u5361\u3001\u5728\u7ebf\u652f\u4ed8\u516c\u53f8\u7b49\u4e2d\u4ecb\u673a\u6784\uff0c\u53ef\u968f\u65f6\u968f\u5730\u5728\u7f51\u7edc\u4e0a\u76f4\u63a5\u4ea4\u6362\u7269\u54c1\u3001\u670d\u52a1\u3002 <sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-4_main_ways_to_get_Bitcoin-28\">[23]<\/a><\/sup><sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-29\">[24]<\/a><\/sup><sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-30\">[25]<\/a><\/sup><sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-31\">[26]<\/a><\/sup><sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-32\">[27]<\/a><\/sup><sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-33\">[28]<\/a><\/sup><sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-34\">[29]<\/a><\/sup>\u6839\u636e<a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E5%89%91%E6%A1%A5%E5%A4%A7%E5%AD%A6\">\u5251\u6865\u5927\u5b66<\/a>2017\u5e74\u7684\u7814\u7a76\uff0c\u5168\u7403\u6709\u591a\u8fbe580\u4e07\u4e2a\u52a0\u5bc6\u94b1\u5305\u6d3b\u8dc3\u7528\u6237\uff0c\u5176\u4e2d\u5927\u591a\u6570\u4f7f\u7528\u6bd4\u7279\u5e01\u3002<sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-35\">[30]<\/a><\/sup>\u540c\u65f6\uff0c\u6709\u89c2\u70b9\u8ba4\u4e3a\uff0c\u6bd4\u7279\u5e01\u6280\u672f\u5f97\u5230\u4e86\u5e7f\u6cdb\u7684\u8ba4\u53ef\u548c\u4f7f\u7528\uff0c\u4f7f\u4eba\u7c7b\u8fce\u6765\u4e86\u533a\u5757\u94fe\u65f6\u4ee3\u3002<sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-36\">[31]<\/a><\/sup><sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-37\">[32]<\/a><\/sup><\/p>\n\n\n\n<p>\u4f5c\u4e3a\u8bb0\u8d26\u7cfb\u7edf\uff0c\u6bd4\u7279\u5e01\u4e0d\u4f9d\u8d56\u4e2d\u592e\u673a\u6784\u53d1\u884c\u65b0\u94b1\u3001\u7ef4\u62a4\u4ea4\u6613\uff0c\u800c\u662f\u7531\u533a\u5757\u94fe\u5b8c\u6210\uff0c\u7528\u6570\u5b57\u52a0\u5bc6\u7b97\u6cd5\u3001\u5168\u7f51\u62b5\u5fa151%\u7b97\u529b\u653b\u51fb\u4fdd\u8bc1\u8d44\u4ea7\u4e0e\u4ea4\u6613\u7684\u5b89\u5168\u3002\u4ea4\u6613\u8bb0\u5f55\u4ee5\u88ab\u5168\u4f53\u7f51\u7edc\u7535\u8111\u6536\u5f55\u7ef4\u62a4\uff0c\u6bcf\u7b14\u4ea4\u6613\u7684\u6709\u6548\u6027\u90fd\u5fc5\u987b\u7ecf\u8fc7\u533a\u5757\u94fe\u68c0\u9a8c\u786e\u8ba4\u3002<sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-38\">[33]<\/a><\/sup><\/p>\n\n\n\n<p>\u4f5c\u4e3a\u8bb0\u8d26\u5355\u4f4d\uff0c\u6bd4\u7279\u5e01\u7684\u6700\u5c0f\u5355\u4f4d\u662f 0.00000001 \uff08\u4e00\u4ebf\u5206\u4e4b\u4e00\uff09\u6bd4\u7279\u5e01\uff0c\u79f0\u4e3a\u201c1\u806a\uff08sats\uff09\u201d\u3002\u5982\u6709\u5fc5\u8981\uff0c\u4e5f\u53ef\u4ee5\u4fee\u6539\u534f\u8bae\u5c06\u5176\u5206\u5272\u4e3a\u66f4\u5c0f\u7684\u5355\u4f4d\uff0c\u4ee5\u4fdd\u8bc1\u5176\u6d41\u901a\u65b9\u4fbf\uff0c\u533a\u5757\u56de\u62a5\u6bcf\u4ea7\u51fa21\u4e07\u4e2a\u533a\u5757\u51cf\u534a\u4e00\u6b21\uff0c\u5468\u671f\u5927\u7ea6\u4e3a4\u5e74\uff0c\u6700\u8fd1\u4e00\u6b21\u51cf\u534a\u57282020\u5e745\u670812\u65e5<sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-39\">[34]<\/a><\/sup>\uff0c\u800c\u6b64\u79cd\u6536\u655b<a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E7%AD%89%E6%AF%94%E6%95%B8%E5%88%97\">\u7b49\u6bd4\u6570\u5217<\/a>\u7684\u548c\u5fc5\u7136\u662f\u6709\u9650\u7684\u30022024\u5e744\u670820\u65e5\uff0c\u6bd4\u7279\u5e01\u8fce\u6765\u5176\u8bde\u751f\u5341\u4e94\u5e74\u6765\u7684\u7b2c\u56db\u6b21&#8221;\u51cf\u534a&#8221;\uff0c\u51cf\u534a\u540e\u77ff\u5de5\u6bcf\u5929\u901a\u8fc7\u9a8c\u8bc1\u4ea4\u6613\u751f\u4ea7\u7684\u6bd4\u7279\u5e01\u6570\u91cf\u4ece900\u4e2a\u51cf\u5c11\u5230450\u4e2a\uff0c\u51cf\u534a\u540e\u7684\u77ff\u5de5\u5956\u52b1\u4ece6.25\u4e2a\u6bd4\u7279\u5e01\u964d\u81f33.125\u4e2a\u6bd4\u7279\u5e01\u30022018\u5e744\u6708\uff0c\u5df2\u7ecf\u67091700\u4e07\u6bd4\u7279\u5e01\u88ab\u5f00\u91c7\uff0c\u5269\u4f59400\u4e07\u4e2a\u6bd4\u7279\u5e01\uff0c\u5f00\u91c7\u4ea7\u91cf\u5df2\u8d85\u603b\u989d\u768480%\u3002<sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-40\">[35]<\/a><\/sup>2019\u5e745\u670812\u65e5\u65f6\uff0c\u6bd4\u7279\u5e01\u603b\u5b58\u91cf\u7ea617,695,512\u4e2a\uff0c\u5b9e\u9645\u53ef\u6d41\u901a\u7684\u91cf\u8fd8\u4f1a\u56e0\u4e3a\u79c1\u94a5\u4e22\u5931\u7b49\u56e0\u7d20\u51cf\u5c11\u3002\u6bd4\u7279\u5e01\u7684\u603b\u53d1\u884c\u91cf\u8fbe\u52301910\u4e07\uff0c\u6574\u4e2a\u7f51\u7edc\u8d85\u8fc790%\u6bd4\u7279\u5e01\u5df2\u7ecf\u88ab\u5f00\u91c7\u5b8c\u3002\u622a\u6b62\u52302140\u5e74\uff0c\u6bd4\u7279\u5e01\u5c06\u88ab\u5168\u90e8\u5f00\u91c7\u5b8c\u6bd5\uff0c\u9884\u8ba1\u603b\u989d\u5ea6\u7565\u4f4e\u4e8e2100\u4e07\u679a\u3002<sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-41\">[36]<\/a><\/sup><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">0.2 \u6982\u51b5\u8868\u683c<\/h3>\n\n\n\n<p class=\"has-vivid-cyan-blue-color has-text-color has-link-color wp-elements-b5aa3635efd704d86a9f984020439939\">\u8fbd\u89c2\u6ce8\uff1a\u6b64\u6807\u9898\u662f\u6211\u4eec\u5728\u642c\u8fd0\u3001\u6574\u5408\u7684\u8fc7\u7a0b\u4e2d\u6dfb\u52a0\u7684\u3002<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><th colspan=\"2\">Denominations\u3010\u5355\u4f4d\u3011<\/th><\/tr><tr><th>Plural\u3010\u82f1\u8bed\u5355\u8bcd\u7684\u590d\u6570\u5f62\u5f0f\u3011<\/th><td>Bitcoins<\/td><\/tr><tr><th>Symbol\u3010\u7b26\u53f7\u3011<\/th><td><strong>\u20bf<\/strong><br>(Unicode: U+20BF \u20bf BITCOIN SIGN)<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-unicode-10-1\">[1]<\/a><\/sup><br>\u0e3f<sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-SatoshiDice_Forbes-4\">[2]<\/a>[\u6b64\u7b26\u53f7\u4ea6\u4e3a\u6cf0\u94e2\u7684\u4ee3\u8868\u7b26\u53f7]<\/sup><\/td><\/tr><tr><th>Code\u3010\u4ee3\u79f0\u3011<\/th><td>BTC<sup>[BTC\u4e0d\u662fISO\u5b98\u65b9\u8ba4\u53ef\u7684\u7b26\u53f7\uff0c\u4e14\u4e0eISO 4217\u51b2\u7a81\uff0c\u56e0\u4e3aBT\u4ee3\u8868\u4e0d\u4e39]<\/sup>\u3001XBT<sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-2\">[1]<\/a>[XBT\u4e0d\u662fISO\u5b98\u65b9\u8ba4\u53ef\u7684\u7b26\u53f7\uff0c\u4e0d\u8fc7\u4e0eISO 4217\u517c\u5bb9]<\/sup><\/td><\/tr><tr><th>Precision\u3010\u7cbe\u786e\u5ea6\/\u5206\u5ea6\u503c\u3011<\/th><td>10<sup>\u22128<\/sup><\/td><\/tr><tr><th>Subunits\u3010\u6b21\u7ea7\u5355\u4f4d\u3011<\/th><td><\/td><\/tr><tr><th>\u20021\u20441000<\/th><td>Millibitcoin \/ \u6beb\u6bd4\u7279\uff08Milli-Bitcoins\uff0cmBTC\uff09<sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-6\">[3]<\/a><\/sup><\/td><\/tr><tr><th>\u20021\u20441000000<\/th><td>Microbitcoin \/ \u5fae\u6bd4\uff08Micro-Bitcoins\uff0c\u03bcBTC\uff09<\/td><\/tr><tr><th>\u20021\u2044100000000<\/th><td>Satoshi<sup>[Named after Satoshi Nakamoto]<a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-satoshi_unit-3\">[2]<\/a><\/sup> \/ \u806a\uff08Satoshi\uff0csat\uff09<sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-7\">[4]<\/a><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-satoshi_unit-8\">[5]<\/a><\/sup><\/td><\/tr><tr><th colspan=\"2\">Development\u3010\u53d1\u5c55\u5386\u7a0b\u3011<\/th><\/tr><tr><th>Original author(s)\u3010\u539f\u4f5c\u8005\u3011<\/th><td><a href=\"https:\/\/en.wikipedia.org\/wiki\/Satoshi_Nakamoto\">Satoshi Nakamoto<\/a>\u3010\u4e2d\u672c\u806a\u3011<\/td><\/tr><tr><th><a href=\"https:\/\/en.wikipedia.org\/wiki\/White_paper\">White paper<\/a>\u3010\u767d\u76ae\u4e66\u3011<\/th><td><a href=\"https:\/\/bitcoin.org\/bitcoin.pdf\">&#8220;Bitcoin: A Peer-to-Peer Electronic Cash System&#8221;<\/a><br>\u3010\u201c\u6bd4\u7279\u5e01\uff1a\u4e00\u79cd\u70b9\u5bf9\u70b9\u7684\u7535\u5b50\u73b0\u91d1\u7cfb\u7edf\u201d\u3011<\/td><\/tr><tr><th>Implementation(s)\u3010\u5b9e\u65bd\u3011<\/th><td><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin_Core\">Bitcoin Core<\/a><\/td><\/tr><tr><th>Initial release\u3010\u9996\u6b21\u53d1\u5e03\u3011<\/th><td>0.1.0 \/ 9\u00a0January 2009 \u30100.1.0 \/ 2009\u5e741\u67089\u65e5\u3011<\/td><\/tr><tr><th><a href=\"https:\/\/en.wikipedia.org\/wiki\/Software_release_life_cycle\">Latest release<\/a>\u3010\u6700\u8fd1\u4e00\u6b21\u53d1\u5e03\u3011<\/th><td>28.0 \/ 4\u00a0October 2024<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-4\">[3]<\/a><\/sup>\u301028.0 \/ 2024\u5e7410\u67084\u65e5\u3011<\/td><\/tr><tr><th><a href=\"https:\/\/en.wikipedia.org\/wiki\/Repository_(version_control)\">Code repository<\/a>\u3010\u4ee3\u7801\u4ed3\u5e93\u3011<\/th><td><a href=\"https:\/\/github.com\/bitcoin\/bitcoin\">github.com\/bitcoin\/bitcoin<\/a><\/td><\/tr><tr><th>Development status\u3010\u5f00\u53d1\u73b0\u72b6\u3011<\/th><td>Active\u3010\u6d3b\u8dc3\u5f00\u53d1\u4e2d\u3011<\/td><\/tr><tr><th><a href=\"https:\/\/en.wikipedia.org\/wiki\/Programming_language\">Written in<\/a>\u3010\u7f16\u7a0b\u8bed\u8a00\u3011<\/th><td>C++<\/td><\/tr><tr><th>Source model\u3010\u6e90\u4ee3\u7801\u6a21\u5f0f\u3011<\/th><td><a href=\"https:\/\/en.wikipedia.org\/wiki\/Free_and_open-source_software\">Free and open-source software<\/a>\u3010\u81ea\u7531\u548c\u5f00\u6e90\u8f6f\u4ef6\u3011<\/td><\/tr><tr><th><a href=\"https:\/\/en.wikipedia.org\/wiki\/Software_license\">License<\/a>\u3010\u8bb8\u53ef\u8bc1\u3011<\/th><td><a href=\"https:\/\/en.wikipedia.org\/wiki\/MIT_License\">MIT License<\/a><\/td><\/tr><tr><th colspan=\"2\">Ledger\u3010\u786c\u4ef6\u94b1\u5305\u3011<\/th><\/tr><tr><th>Ledger start\u3010\u786c\u4ef6\u94b1\u5305\u5f00\u59cb\u4e8e\u3011<\/th><td>3\u00a0January 2009\u30102009\u5e741\u67083\u65e5\u3011<\/td><\/tr><tr><th><a href=\"https:\/\/en.wikipedia.org\/wiki\/Trusted_timestamping\">Timestamping scheme<\/a>\u3010\u65f6\u95f4\u6233\u65b9\u6848\u3011<\/th><td><a href=\"https:\/\/en.wikipedia.org\/wiki\/Proof_of_work\">Proof of work<\/a> (partial hash inversion)<br>\u3010\u5de5\u4f5c\u91cf\u8bc1\u660e\uff08\u90e8\u5206\u54c8\u5e0c\u9006\u8fd0\u7b97\uff09\u3011<\/td><\/tr><tr><th><a href=\"https:\/\/en.wikipedia.org\/wiki\/Hash_function\">Hash function<\/a>\u3010\u54c8\u5e0c\u51fd\u6570\u3011<\/th><td><a href=\"https:\/\/en.wikipedia.org\/wiki\/SHA-256\">SHA-256<\/a> (two rounds)<\/td><\/tr><tr><th>Issuance schedule\u3010\u53d1\u884c\u65f6\u95f4\u8868\u3011<\/th><td>Decentralized (block reward)<br>\u3010\u53bb\u4e2d\u5fc3\u5316\uff08\u533a\u5757\u5956\u52b1\uff09\u3011<br>Initially \u20bf50 per block, halved every 210,000 blocks<br>\u3010\u521d\u59cb\u65f6\u6bcf\u4e2a\u533a\u5757\u5956\u52b150\u6bd4\u7279\u5e01\uff0c\u6bcf210,000\u4e2a\u533a\u5757\u51cf\u534a\u3011<\/td><\/tr><tr><th>Block reward\u3010\u533a\u5757\u5956\u52b1\u3011<\/th><td>\u20bf3.125 (as of 2024)\u30103.125\u6bd4\u7279\u5e01\uff08\u622a\u81f32024\u5e74\uff09\u3011<\/td><\/tr><tr><th>Block time\u3010\u533a\u5757\u65f6\u95f4\u3011<\/th><td>10 minutes\u301010\u5206\u949f\u3011<\/td><\/tr><tr><th>Circulating supply\u3010\u7d2f\u8ba1\u4f9b\u5e94\u91cf\u3011<\/th><td>\u20bf19,591,231 (as of 6\u00a0January\u00a02024)<br>\u301019,591,231\u6bd4\u7279\u5e01\uff08\u622a\u81f32024\u5e741\u67086\u65e5\uff09\u3011<\/td><\/tr><tr><th>Supply limit\u3010\u4f9b\u5e94\u9650\u989d\u3011<\/th><td>\u20bf21,000,000<sup>[The exact number is \u20bf20,999,999.9769.<sup>[7]:\u200ach. 8<\/sup>\u200a]<\/sup><\/td><\/tr><tr><th colspan=\"2\">Valuation\u3010\u5e01\u503c\u3011<\/th><\/tr><tr><th><a href=\"https:\/\/en.wikipedia.org\/wiki\/Exchange_rate\">Exchange rate<\/a>\u3010\u5151\u6362\u6bd4\u7387\u3011<\/th><td>Floating\u3010\u6d6e\u52a8\u3011<\/td><\/tr><tr><th colspan=\"2\">Demographics\u3010\u4f7f\u7528\u60c5\u51b5\u3011<\/th><\/tr><tr><th>Official user(s)\u3010\u5b98\u65b9\u4f7f\u7528\u8005\u3011<\/th><td><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin_in_El_Salvador\">El Salvador<\/a><sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-BTCSVSept7FT-6\">[4]<\/a><\/sup>\u3010\u8428\u5c14\u74e6\u591a\u3011<\/td><\/tr><tr><th colspan=\"2\">Website\u3010\u7f51\u7ad9\u3011<\/th><\/tr><tr><th>Website\u3010\u7f51\u7ad9\u3011<\/th><td><a href=\"https:\/\/bitcoin.org\">bitcoin.org<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"History\">1. \u5386\u53f2 | History<\/h2>\n\n\n\n<p><em>Main article: <a href=\"https:\/\/en.wikipedia.org\/wiki\/History_of_bitcoin\">History of bitcoin<\/a> \/ \u4e3b\u6761\u76ee\uff1a<a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B9%A3%E6%AD%B7%E5%8F%B2\">\u6bd4\u7279\u5e01\u5386\u53f2<\/a><\/em><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"Background\">1.1 \u80cc\u666f | Background<\/h3>\n\n\n\n<p>Before bitcoin, several <a href=\"https:\/\/en.wikipedia.org\/wiki\/Digital_cash\">digital cash technologies<\/a> were released, starting with <a href=\"https:\/\/en.wikipedia.org\/wiki\/David_Chaum\">David Chaum<\/a>&#8216;s <a href=\"https:\/\/en.wikipedia.org\/wiki\/Ecash\">ecash<\/a> in the 1980s.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-Narayanan2017-13\">[11]<\/a><\/sup> The idea that solutions to computational puzzles could have some value was first proposed by cryptographers <a href=\"https:\/\/en.wikipedia.org\/wiki\/Cynthia_Dwork\">Cynthia Dwork<\/a> and <a href=\"https:\/\/en.wikipedia.org\/wiki\/Moni_Naor\">Moni Naor<\/a> in 1992.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-Narayanan2017-13\">[11]<\/a><\/sup> The concept was <a href=\"https:\/\/en.wikipedia.org\/wiki\/Multiple_discovery\">independently rediscovered<\/a> by <a href=\"https:\/\/en.wikipedia.org\/wiki\/Adam_Back\">Adam Back<\/a> who developed <a href=\"https:\/\/en.wikipedia.org\/wiki\/Hashcash\">Hashcash<\/a>, a <a href=\"https:\/\/en.wikipedia.org\/wiki\/Proof-of-work\">proof-of-work<\/a> scheme for <a href=\"https:\/\/en.wikipedia.org\/wiki\/Anti-spam_techniques\">spam control<\/a> in 1997.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-Narayanan2017-13\">[11]<\/a><\/sup> The first proposals for distributed digital scarcity-based <a href=\"https:\/\/en.wikipedia.org\/wiki\/Cryptocurrencies\">cryptocurrencies<\/a> came from <a href=\"https:\/\/en.wikipedia.org\/wiki\/Cypherpunk\">cypherpunks<\/a> <a href=\"https:\/\/en.wikipedia.org\/wiki\/Wei_Dai\">Wei Dai<\/a> (b-money) and <a href=\"https:\/\/en.wikipedia.org\/wiki\/Nick_Szabo\">Nick Szabo<\/a> (<a href=\"https:\/\/en.wikipedia.org\/wiki\/Bit_gold\">bit gold<\/a>) in 1998.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-14\">[12]<\/a><\/sup> In 2004, <a href=\"https:\/\/en.wikipedia.org\/wiki\/Hal_Finney_(cypherpunk)\">Hal Finney<\/a> developed the first currency based on reusable proof of work.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-15\">[13]<\/a><\/sup> These various attempts were not successful:<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-Narayanan2017-13\">[11]<\/a><\/sup> Chaum&#8217;s concept required centralized control and no banks wanted to sign on, Hashcash had no protection against <a href=\"https:\/\/en.wikipedia.org\/wiki\/Double-spending\">double-spending<\/a>, while b-money and bit gold were not resistant to <a href=\"https:\/\/en.wikipedia.org\/wiki\/Sybil_attack\">Sybil attacks<\/a>.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-Narayanan2017-13\">[11]<\/a><\/sup><br>\u3010\u53c2\u8003\u8bd1\u6587\u3011\u5728\u6bd4\u7279\u5e01\u51fa\u73b0\u4e4b\u524d\uff0c\u5df2\u7ecf\u53d1\u5e03\u4e86\u591a\u79cd\u6570\u5b57\u73b0\u91d1\u6280\u672f\uff0c\u6700\u65e9\u53ef\u4ee5\u8ffd\u6eaf\u523020\u4e16\u7eaa80\u5e74\u4ee3\u5927\u536b\u00b7\u4e54\u59c6\uff08David Chaum\uff09\u63d0\u51fa\u7684ecash\u3002[11]1992\u5e74\uff0c\u5bc6\u7801\u5b66\u5bb6\u8f9b\u897f\u5a05\u00b7\u5fb7\u6c83\u514b\uff08Cynthia Dwork\uff09\u548c\u83ab\u5c3c\u00b7\u8bfa\u5c14\uff08Moni Naor\uff09\u9996\u6b21\u63d0\u51fa\u4e86\u8ba1\u7b97\u8c1c\u9898\u89e3\u51b3\u65b9\u6848\u53ef\u80fd\u5177\u6709\u67d0\u79cd\u4ef7\u503c\u7684\u89c2\u70b9\u3002[11]1997\u5e74\uff0c\u4e9a\u5f53\u00b7\u5df4\u514b\uff08Adam Back\uff09\u72ec\u7acb\u5730\u91cd\u65b0\u53d1\u73b0\u4e86\u8fd9\u4e00\u6982\u5ff5\uff0c\u5e76\u5f00\u53d1\u4e86Hashcash\uff0c\u8fd9\u662f\u4e00\u79cd\u7528\u4e8e\u5783\u573e\u90ae\u4ef6\u63a7\u5236\u7684\u5de5\u4f5c\u91cf\u8bc1\u660e\u65b9\u6848\u3002[11]1998\u5e74\uff0c\u5bc6\u7801\u670b\u514b\uff08cypherpunks\uff09\u9b4f\u8fea\uff08Wei Dai\uff0c\u63d0\u51fa\u4e86b-money\uff09\u548c\u5c3c\u514b\u00b7\u8428\u535a\uff08Nick Szabo\uff0c\u63d0\u51fa\u4e86bit gold\uff09\u9996\u6b21\u63d0\u51fa\u4e86\u57fa\u4e8e\u5206\u5e03\u5f0f\u6570\u5b57\u7a00\u7f3a\u6027\u7684\u52a0\u5bc6\u8d27\u5e01\u63d0\u6848\u3002[12]2004\u5e74\uff0c\u54c8\u5c14\u00b7\u82ac\u5c3c\uff08Hal Finney\uff09\u5f00\u53d1\u4e86\u7b2c\u4e00\u4e2a\u57fa\u4e8e\u53ef\u91cd\u7528\u5de5\u4f5c\u91cf\u8bc1\u660e\u7684\u8d27\u5e01\u3002[13]\u7136\u800c\uff0c\u8fd9\u4e9b\u5c1d\u8bd5\u5747\u672a\u53d6\u5f97\u6210\u529f\uff1a[11]\u4e54\u59c6\u7684\u6982\u5ff5\u9700\u8981\u96c6\u4e2d\u63a7\u5236\uff0c\u800c\u6ca1\u6709\u4efb\u4f55\u94f6\u884c\u613f\u610f\u52a0\u5165\uff1bHashcash\u65e0\u6cd5\u9632\u6b62\u53cc\u91cd\u652f\u4ed8\uff1b\u800cb-money\u548cbit gold\u5219\u65e0\u6cd5\u62b5\u5fa1Sybil\u653b\u51fb\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"2008\u20132009:_Creation\">1.2 2008-2009\u5e74\uff1a\u521b\u7acb | 2008\u20132009: Creation<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><th colspan=\"2\">External image\u3010\u7ad9\u5916\u56fe\u7247\u3011<\/th><\/tr><tr><td colspan=\"2\"><img loading=\"lazy\" decoding=\"async\" alt=\"image icon\" src=\"https:\/\/upload.wikimedia.org\/wikipedia\/en\/thumb\/6\/61\/Searchtool.svg\/16px-Searchtool.svg.png\" width=\"16\" height=\"16\" srcset=\"\/\/upload.wikimedia.org\/wikipedia\/en\/thumb\/6\/61\/Searchtool.svg\/24px-Searchtool.svg.png 1.5x, \/\/upload.wikimedia.org\/wikipedia\/en\/thumb\/6\/61\/Searchtool.svg\/32px-Searchtool.svg.png 2x\"> <a href=\"https:\/\/www.thetimes03jan2009.com\/wp-content\/uploads\/2015\/03\/genesis-block-newspaper-bitcoin.jpg\">Cover page of <em>The Times<\/em> 3 January 2009 showing the headline used in the genesis block<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/cathayvista.top\/wp-content\/uploads\/2024\/12\/Bitcoin_old.png\"><img loading=\"lazy\" decoding=\"async\" width=\"48\" height=\"48\" data-id=\"5061\" src=\"https:\/\/cathayvista.top\/wp-content\/uploads\/2024\/12\/Bitcoin_old.png\" alt=\"\" class=\"wp-image-5061\"\/><\/a><figcaption class=\"wp-element-caption\">\u6b64\u56fe\u7247\u9075\u5faa<a href=\"http:\/\/opensource.org\/licenses\/mit-license.php\">MIT\u534f\u8bae<\/a><\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/cathayvista.top\/wp-content\/uploads\/2024\/12\/Bitcoin.png\"><img loading=\"lazy\" decoding=\"async\" width=\"530\" height=\"526\" data-id=\"5062\" src=\"https:\/\/cathayvista.top\/wp-content\/uploads\/2024\/12\/Bitcoin.png\" alt=\"\" class=\"wp-image-5062\" srcset=\"https:\/\/cathayvista.top\/wp-content\/uploads\/2024\/12\/Bitcoin.png 530w, https:\/\/cathayvista.top\/wp-content\/uploads\/2024\/12\/Bitcoin-300x298.png 300w, https:\/\/cathayvista.top\/wp-content\/uploads\/2024\/12\/Bitcoin-150x150.png 150w, https:\/\/cathayvista.top\/wp-content\/uploads\/2024\/12\/Bitcoin-230x228.png 230w, https:\/\/cathayvista.top\/wp-content\/uploads\/2024\/12\/Bitcoin-350x347.png 350w, https:\/\/cathayvista.top\/wp-content\/uploads\/2024\/12\/Bitcoin-480x476.png 480w\" sizes=\"auto, (max-width: 530px) 100vw, 530px\" \/><\/a><figcaption class=\"wp-element-caption\">\u6b64\u56fe\u7247\u5c5e\u4e8e\u516c\u5171\u9886\u57df<\/figcaption><\/figure>\n<\/figure>\n\n\n\n<p class=\"has-cyan-bluish-gray-color has-text-color has-link-color wp-elements-e6e4f2dce32fd61ca65f5c9cb29b1390\">\u56fe\u7247\u7ec4\u9898\u6ce8\uff1aBitcoin logos made by Satoshi Nakamoto in 2009 (left) and 2010 (right).<br>\u53c2\u8003\u8bd1\u6587\uff1a\u4e2d\u6751\u806a\uff08Satoshi Nakamoto\uff09\u4e8e2009\u5e74\uff08\u5de6\uff09\u548c2010\u5e74\uff08\u53f3\uff09\u8bbe\u8ba1\u7684\u6bd4\u7279\u5e01\u6807\u5fd7\u3002<\/p>\n\n\n\n<p>The domain name <em>bitcoin.org<\/em> was registered on 18 August 2008.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-16\">[14]<\/a><\/sup> On 31 October 2008, a link to a <a href=\"https:\/\/en.wikipedia.org\/wiki\/White_paper\">white paper<\/a> authored by <a href=\"https:\/\/en.wikipedia.org\/wiki\/Satoshi_Nakamoto\">Satoshi Nakamoto<\/a> titled <em>Bitcoin: A Peer-to-Peer Electronic Cash System<\/em> was posted to a cryptography mailing list.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-17\">[15]<\/a><\/sup> Nakamoto implemented the bitcoin software as <a href=\"https:\/\/en.wikipedia.org\/wiki\/Open-source_software\">open-source code<\/a> and released it in January 2009.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-NY2011-8\">[6]<\/a><\/sup> Nakamoto&#8217;s identity remains unknown.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-whoissn-7\">[5]<\/a><\/sup> According to computer scientist <a href=\"https:\/\/en.wikipedia.org\/wiki\/Arvind_Narayanan\">Arvind Narayanan<\/a>, all individual components of bitcoin originated in earlier academic literature.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-Narayanan2017-13\">[11]<\/a><\/sup> Nakamoto&#8217;s innovation was their complex interplay resulting in the first decentralized, Sybil resistant, <a href=\"https:\/\/en.wikipedia.org\/wiki\/Byzantine_fault\">Byzantine fault<\/a> tolerant digital cash system, that would eventually be referred to as the first blockchain.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-Narayanan2017-13\">[11]<\/a><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-te20151031-18\">[16]<\/a><\/sup> Nakamoto&#8217;s paper was not <a href=\"https:\/\/en.wikipedia.org\/wiki\/Peer_review\">peer reviewed<\/a> and was initially ignored by academics, who argued that it could not work.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-Narayanan2017-13\">[11]<\/a><\/sup><br>\u3010\u53c2\u8003\u8bd1\u6587\u3011\u57df\u540d\u201cbitcoin.org\u201d\u4e8e2008\u5e748\u670818\u65e5\u6ce8\u518c\u3002[14]2008\u5e7410\u670831\u65e5\uff0c\u4e2d\u672c\u806a\uff08Satoshi Nakamoto\uff09\u64b0\u5199\u7684\u4e00\u7bc7\u9898\u4e3a\u300a\u6bd4\u7279\u5e01\uff1a\u4e00\u79cd\u70b9\u5bf9\u70b9\u7684\u7535\u5b50\u73b0\u91d1\u7cfb\u7edf\u300b\u7684\u767d\u76ae\u4e66\u94fe\u63a5\u88ab\u53d1\u5e03\u5230\u4e00\u4e2a\u5bc6\u7801\u5b66\u90ae\u4ef6\u5217\u8868\u4e2d\u3002[15]\u4e2d\u672c\u806a\u5c06\u6bd4\u7279\u5e01\u8f6f\u4ef6\u5b9e\u73b0\u4e3a\u5f00\u6e90\u4ee3\u7801\uff0c\u5e76\u4e8e2009\u5e741\u6708\u53d1\u5e03\u3002[6]\u4e2d\u672c\u806a\u7684\u8eab\u4efd\u81f3\u4eca\u4ecd\u662f\u4e2a\u8c1c\u3002[5]\u636e\u8ba1\u7b97\u673a\u79d1\u5b66\u5bb6\u963f\u5c14\u6587\u5fb7\u00b7\u7eb3\u62c9\u4e9a\u5357\uff08Arvind Narayanan\uff09\u79f0\uff0c\u6bd4\u7279\u5e01\u7684\u6240\u6709\u5355\u4e2a\u7ec4\u4ef6\u90fd\u6e90\u81ea\u65e9\u671f\u7684\u5b66\u672f\u6587\u732e\u3002[11]\u4e2d\u672c\u806a\u7684\u521b\u65b0\u4e4b\u5904\u5728\u4e8e\uff0c\u4ed6\u5c06\u8fd9\u4e9b\u7ec4\u4ef6\u590d\u6742\u5730\u7ed3\u5408\u5728\u4e00\u8d77\uff0c\u6253\u9020\u51fa\u4e86\u7b2c\u4e00\u4e2a\u53bb\u4e2d\u5fc3\u5316\u3001\u9632Sybil\u653b\u51fb\u3001\u62dc\u5360\u5ead\u5bb9\u9519\u6570\u5b57\u73b0\u91d1\u7cfb\u7edf\uff0c\u8be5\u7cfb\u7edf\u6700\u7ec8\u88ab\u79f0\u4e3a\u7b2c\u4e00\u4e2a\u533a\u5757\u94fe\u3002[11][16]\u4e2d\u672c\u806a\u7684\u8bba\u6587\u6ca1\u6709\u7ecf\u8fc7\u540c\u884c\u8bc4\u5ba1\uff0c\u5e76\u4e14\u6700\u521d\u88ab\u5b66\u672f\u754c\u5ffd\u89c6\uff0c\u4ed6\u4eec\u8ba4\u4e3a\u8fd9\u4e0d\u53ef\u80fd\u884c\u5f97\u901a\u3002[11]<\/p>\n\n\n\n<p>On 3 January 2009, the bitcoin network was created when Nakamoto mined the starting block of the chain, known as the <em><a href=\"https:\/\/en.wikipedia.org\/wiki\/Genesis_(blockchain)\">genesis block<\/a><\/em>.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-Wired:RFB-19\">[17]<\/a><\/sup> Embedded in this block was the text &#8220;The Times 03\/Jan\/2009 Chancellor on brink of <a href=\"https:\/\/en.wikipedia.org\/wiki\/2009_United_Kingdom_bank_rescue_package\">second bailout for banks<\/a>&#8220;, which is the date and headline of an issue of <em><a href=\"https:\/\/en.wikipedia.org\/wiki\/The_Times\">The Times<\/a><\/em> newspaper.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-NY2011-8\">[6]<\/a><\/sup> Nine days later, Hal Finney received the first bitcoin transaction: ten bitcoins from Nakamoto.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-20\">[18]<\/a><\/sup> Wei Dai and Nick Szabo were also early supporters.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-Wired:RFB-19\">[17]<\/a><\/sup> On May 22, 2010, the first known <a href=\"https:\/\/en.wikipedia.org\/wiki\/Financial_transaction\">commercial transaction<\/a> using bitcoin occurred when programmer Laszlo Hanyecz bought two <a href=\"https:\/\/en.wikipedia.org\/wiki\/Papa_John%27s\">Papa John&#8217;s<\/a> pizzas for \u20bf10,000, in what would later be celebrated as &#8220;Bitcoin Pizza Day&#8221;.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-21\">[19]<\/a><\/sup><br>\u3010\u53c2\u8003\u8bd1\u6587\u30112009\u5e741\u67083\u65e5\uff0c\u5f53\u4e2d\u672c\u806a\u6316\u51fa\u4e86\u533a\u5757\u94fe\u7684\u8d77\u59cb\u533a\u5757\uff08\u88ab\u79f0\u4e3a\u521b\u4e16\u533a\u5757\uff09\u65f6\uff0c\u6bd4\u7279\u5e01\u7f51\u7edc\u8bde\u751f\u4e86\u3002[17]\u5728\u8fd9\u4e2a\u533a\u5757\u4e2d\u5d4c\u5165\u4e86\u4e00\u6bb5\u6587\u5b57\uff1a\u201c\u300a\u6cf0\u6664\u58eb\u62a5\u300b2009\u5e741\u67083\u65e5\uff0c\u8d22\u653f\u5927\u81e3\u5904\u4e8e\u7b2c\u4e8c\u8f6e\u94f6\u884c\u6551\u52a9\u7684\u8fb9\u7f18\u201d\uff0c\u8fd9\u662f\u300a\u6cf0\u6664\u58eb\u62a5\u300b\u67d0\u4e00\u671f\u7684\u65e5\u671f\u548c\u5934\u6761\u65b0\u95fb\u3002[6]\u4e5d\u5929\u540e\uff0c\u54c8\u5c14\u00b7\u82ac\u5c3c\uff08Hal Finney\uff09\u6536\u5230\u4e86\u6765\u81ea\u4e2d\u672c\u806a\u7684\u7b2c\u4e00\u7b14\u6bd4\u7279\u5e01\u4ea4\u6613\uff1a\u5341\u679a\u6bd4\u7279\u5e01\u3002[18]\u9b4f\u8fea\uff08Wei Dai\uff09\u548c\u5c3c\u514b\u00b7\u8428\u535a\uff08Nick Szabo\uff09\u4e5f\u662f\u65e9\u671f\u7684\u652f\u6301\u8005\u3002[17]2010\u5e745\u670822\u65e5\uff0c\u7a0b\u5e8f\u5458\u62c9\u65af\u6d1b\u00b7\u54c8\u5c3c\u8036\u8328\uff08Laszlo Hanyecz\uff09\u752810000\u679a\u6bd4\u7279\u5e01\u4e70\u4e86\u4e24\u4e2a\u68d2\u7ea6\u7ff0\uff08Papa John&#8217;s\uff09\u7684\u6bd4\u8428\u997c\uff0c\u8fd9\u662f\u5df2\u77e5\u7684\u7b2c\u4e00\u7b14\u6bd4\u7279\u5e01\u5546\u4e1a\u4ea4\u6613\uff0c\u540e\u6765\u8fd9\u4e00\u5929\u88ab\u5e86\u795d\u4e3a\u201c\u6bd4\u7279\u5e01\u6bd4\u8428\u997c\u65e5\u201d\u3002[19]<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"2010\u20132012:_Early_growth\">1.3 2010-2012\u5e74\uff1a\u65e9\u671f\u7684\u6210\u957f | 2010\u20132012: Early growth<\/h3>\n\n\n\n<p><a href=\"https:\/\/en.wikipedia.org\/wiki\/Blockchain#Blockchain_analysis\">Blockchain analysts<\/a> estimate that Nakamoto had mined about one million bitcoins<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-22\">[20]<\/a><\/sup> before disappearing in 2010 when he handed the network alert key and control of the <a href=\"https:\/\/en.wikipedia.org\/wiki\/Software_repository\">code repository<\/a> over to <a href=\"https:\/\/en.wikipedia.org\/wiki\/Gavin_Andresen\">Gavin Andresen<\/a>. Andresen later became lead developer at the <a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin_Foundation\">Bitcoin Foundation<\/a>,<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-23\">[21]<\/a><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-24\">[22]<\/a><\/sup> an <a href=\"https:\/\/en.wikipedia.org\/wiki\/List_of_bitcoin_organizations\">organization<\/a> founded in September 2012 to promote bitcoin.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-25\">[23]<\/a><\/sup><br>\u3010\u53c2\u8003\u8bd1\u6587\u3011\u533a\u5757\u94fe\u5206\u6790\u5e08\u4f30\u8ba1\uff0c\u5728\u4e2d\u672c\u806a\u4e8e2010\u5e74\u6d88\u5931\u4e4b\u524d\uff0c\u4ed6\u5df2\u7ecf\u5f00\u91c7\u4e86\u5927\u7ea6100\u4e07\u679a\u6bd4\u7279\u5e01\uff0c[20]\u5f53\u65f6\u4ed6\u5c06\u7f51\u7edc\u8b66\u62a5\u5bc6\u94a5\u548c\u4ee3\u7801\u5e93\u7684\u63a7\u5236\u6743\u4ea4\u7ed9\u4e86\u52a0\u6587\u00b7\u5b89\u5fb7\u70c8\u68ee\uff08Gavin Andresen\uff09\u3002\u5b89\u5fb7\u70c8\u68ee\u540e\u6765\u6210\u4e3a\u6bd4\u7279\u5e01\u57fa\u91d1\u4f1a\uff08Bitcoin Foundation\uff09\u7684\u9996\u5e2d\u5f00\u53d1\u8005\uff0c[21][22]\u8be5\u7ec4\u7ec7\u6210\u7acb\u4e8e2012\u5e749\u6708\uff0c\u65e8\u5728\u63a8\u5e7f\u6bd4\u7279\u5e01\u3002[23]<\/p>\n\n\n\n<p>After early &#8220;<a href=\"https:\/\/en.wikipedia.org\/wiki\/Proof-of-concept\">proof-of-concept<\/a>&#8221; transactions, the first major users of bitcoin were <a href=\"https:\/\/en.wikipedia.org\/wiki\/Black_market\">black markets<\/a>, such as the <a href=\"https:\/\/en.wikipedia.org\/wiki\/Dark_web\">dark web<\/a> <a href=\"https:\/\/en.wikipedia.org\/wiki\/Silk_Road_(marketplace)\">Silk Road<\/a>. During its 30 months of existence, beginning in February 2011, Silk Road exclusively accepted bitcoins as payment, transacting \u20bf9.9\u00a0million, worth about $214\u00a0million.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-JEP-26\">[24]<\/a>:\u200a222\u200a<\/sup><br>\u3010\u53c2\u8003\u8bd1\u6587\u3011\u5728\u65e9\u671f\u7684\u201c\u6982\u5ff5\u9a8c\u8bc1\u201d\u4ea4\u6613\u4e4b\u540e\uff0c\u6bd4\u7279\u5e01\u7684\u9996\u6279\u4e3b\u8981\u7528\u6237\u662f\u9ed1\u5e02\uff0c\u5982\u6697\u7f51\u4e1d\u7ef8\u4e4b\u8def\u3002\u4ece2011\u5e742\u6708\u5f00\u59cb\u5b58\u5728\u768430\u4e2a\u6708\u91cc\uff0c\u4e1d\u7ef8\u4e4b\u8def\u53ea\u63a5\u53d7\u6bd4\u7279\u5e01\u4f5c\u4e3a\u652f\u4ed8\u65b9\u5f0f\uff0c\u4ea4\u6613\u91cf\u8fbe990\u4e07\u679a\u6bd4\u7279\u5e01\uff0c\u4ef7\u503c\u7ea62.14\u4ebf\u7f8e\u5143\u3002[24]:222<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"2013\u20132014:_First_regulatory_actions\">1.4 2013-2014\u5e74\uff1a\u9996\u6b21\u76d1\u7ba1\u884c\u52a8 | 2013\u20132014: First regulatory actions<\/h3>\n\n\n\n<p>In March 2013, the US <a href=\"https:\/\/en.wikipedia.org\/wiki\/Financial_Crimes_Enforcement_Network\">Financial Crimes Enforcement Network<\/a> (FinCEN) established regulatory guidelines for &#8220;decentralized virtual currencies&#8221; such as bitcoin, classifying American bitcoin miners who sell their generated bitcoins as <a href=\"https:\/\/en.wikipedia.org\/wiki\/Money_services_business\">money services businesses<\/a>, subject to registration and other legal obligations.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-27\">[25]<\/a><\/sup> In May 2013, US authorities seized the unregistered <a href=\"https:\/\/en.wikipedia.org\/wiki\/Cryptocurrency_exchange\">exchange<\/a> <a href=\"https:\/\/en.wikipedia.org\/wiki\/Mt._Gox\">Mt. Gox<\/a>.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-28\">[26]<\/a><\/sup> In June 2013, the US <a href=\"https:\/\/en.wikipedia.org\/wiki\/Drug_Enforcement_Administration\">Drug Enforcement Administration<\/a> seized \u20bf11.02 from a man attempting to use them to buy illegal substances. This marked the first time a government agency had seized bitcoins.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-29\">[27]<\/a><\/sup> The FBI seized about \u20bf30,000 in October 2013 from Silk Road, following the arrest of its founder <a href=\"https:\/\/en.wikipedia.org\/wiki\/Ross_Ulbricht\">Ross Ulbricht<\/a>.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-30\">[28]<\/a><\/sup><br>\u3010\u53c2\u8003\u8bd1\u6587\u30112013\u5e743\u6708\uff0c\u7f8e\u56fd\u91d1\u878d\u72af\u7f6a\u6267\u6cd5\u7f51\u7edc\uff08FinCEN\uff09\u4e3a\u6bd4\u7279\u5e01\u7b49\u201c\u53bb\u4e2d\u5fc3\u5316\u865a\u62df\u8d27\u5e01\u201d\u5236\u5b9a\u4e86\u76d1\u7ba1\u6307\u5357\uff0c\u5c06\u51fa\u552e\u81ea\u5df1\u5f00\u91c7\u7684\u6bd4\u7279\u5e01\u7684\u7f8e\u56fd\u6bd4\u7279\u5e01\u77ff\u5de5\u5f52\u7c7b\u4e3a\u8d27\u5e01\u670d\u52a1\u4f01\u4e1a\uff0c\u9700\u8fdb\u884c\u6ce8\u518c\u5e76\u5c65\u884c\u5176\u4ed6\u6cd5\u5f8b\u4e49\u52a1\u3002[25]2013\u5e745\u6708\uff0c\u7f8e\u56fd\u5f53\u5c40\u67e5\u5c01\u4e86\u672a\u6ce8\u518c\u7684\u4ea4\u6613\u6240Mt. Gox\u3002[26]2013\u5e746\u6708\uff0c\u7f8e\u56fd\u7f09\u6bd2\u5c40\u4ece\u4e00\u540d\u8bd5\u56fe\u7528\u6bd4\u7279\u5e01\u8d2d\u4e70\u975e\u6cd5\u7269\u54c1\u7684\u7537\u5b50\u624b\u4e2d\u7f34\u83b7\u4e8611.02\u679a\u6bd4\u7279\u5e01\u3002\u8fd9\u662f\u653f\u5e9c\u673a\u6784\u9996\u6b21\u6ca1\u6536\u6bd4\u7279\u5e01\u3002[27]2013\u5e7410\u6708\uff0c\u5728\u902e\u6355\u4e1d\u7ef8\u4e4b\u8def\u521b\u59cb\u4eba\u7f57\u65af\u00b7\u4e4c\u5e03\u5229\u5e0c\u7279\u540e\uff0c\u8054\u90a6\u8c03\u67e5\u5c40\u4ece\u4e1d\u7ef8\u4e4b\u8def\u7f34\u83b7\u4e86\u7ea63\u4e07\u679a\u6bd4\u7279\u5e01\u3002[28]<\/p>\n\n\n\n<p>In December 2013, the <a href=\"https:\/\/en.wikipedia.org\/wiki\/People%27s_Bank_of_China\">People&#8217;s Bank of China<\/a> prohibited Chinese financial institutions from using bitcoin.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-31\">[29]<\/a><\/sup> After the announcement, the value of bitcoin dropped,<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-32\">[30]<\/a><\/sup> and <a href=\"https:\/\/en.wikipedia.org\/wiki\/Baidu\">Baidu<\/a> no longer accepted bitcoins for certain services.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-33\">[31]<\/a><\/sup> Buying real-world goods with any virtual currency had been illegal in China since at least 2009.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-34\">[32]<\/a><\/sup><br>\u3010\u53c2\u8003\u8bd1\u6587\u30112013\u5e7412\u6708\uff0c\u4e2d\u56fd\u4eba\u6c11\u94f6\u884c\u7981\u6b62\u4e2d\u56fd\u91d1\u878d\u673a\u6784\u4f7f\u7528\u6bd4\u7279\u5e01\u3002[29]\u516c\u544a\u53d1\u5e03\u540e\uff0c\u6bd4\u7279\u5e01\u4ef7\u503c\u4e0b\u8dcc\uff0c[30]\u767e\u5ea6\u4e5f\u4e0d\u518d\u63a5\u53d7\u6bd4\u7279\u5e01\u652f\u4ed8\u67d0\u4e9b\u670d\u52a1\u8d39\u7528\u3002[31]\u81ea2009\u5e74\u8d77\uff0c\u4e2d\u56fd\u5c31\u7981\u6b62\u7528\u4efb\u4f55\u865a\u62df\u8d27\u5e01\u8d2d\u4e70\u73b0\u5b9e\u4e16\u754c\u7684\u5546\u54c1\u3002[32]<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"2015\u20132019\">1.5 2015\u20132019<\/h3>\n\n\n\n<p>Research produced by the <a href=\"https:\/\/en.wikipedia.org\/wiki\/University_of_Cambridge\">University of Cambridge<\/a> estimated that in 2017, there were 2.9 to 5.8 million unique users using a <a href=\"https:\/\/en.wikipedia.org\/wiki\/Cryptocurrency_wallet\">cryptocurrency wallet<\/a>, most of them using bitcoin.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-35\">[33]<\/a><\/sup> In August 2017, the <a href=\"https:\/\/en.wikipedia.org\/wiki\/SegWit\">SegWit<\/a> software upgrade was activated. Segwit was intended to support the <a href=\"https:\/\/en.wikipedia.org\/wiki\/Lightning_Network\">Lightning Network<\/a> as well as improve <a href=\"https:\/\/en.wikipedia.org\/wiki\/Scalability\">scalability<\/a>.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-36\">[34]<\/a><\/sup> SegWit opponents, who supported larger blocks as a scalability solution, <a href=\"https:\/\/en.wikipedia.org\/wiki\/Fork_(blockchain)\">forked<\/a> to create <a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin_Cash\">Bitcoin Cash<\/a>, one of many <a href=\"https:\/\/en.wikipedia.org\/wiki\/List_of_bitcoin_forks\">forks of bitcoin<\/a>.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-37\">[35]<\/a><\/sup><br>\u3010\u53c2\u8003\u8bd1\u6587\u3011\u5251\u6865\u5927\u5b66\u7684\u7814\u7a76\u4f30\u8ba1\uff0c2017\u5e74\uff0c\u6709290\u4e07\u81f3580\u4e07\u72ec\u7acb\u7528\u6237\u5728\u4f7f\u7528\u52a0\u5bc6\u8d27\u5e01\u94b1\u5305\uff0c\u5176\u4e2d\u5927\u591a\u6570\u7528\u6237\u4f7f\u7528\u6bd4\u7279\u5e01\u3002[33]2017\u5e748\u6708\uff0c\u9694\u79bb\u89c1\u8bc1\uff08SegWit\uff09\u8f6f\u4ef6\u5347\u7ea7\u88ab\u6fc0\u6d3b\u3002\u9694\u79bb\u89c1\u8bc1\u65e8\u5728\u652f\u6301\u95ea\u7535\u7f51\u7edc\u5e76\u63d0\u5347\u53ef\u6269\u5c55\u6027\u3002[34]\u652f\u6301\u901a\u8fc7\u589e\u5927\u533a\u5757\u5927\u5c0f\u6765\u89e3\u51b3\u53ef\u6269\u5c55\u6027\u95ee\u9898\u7684\u9694\u79bb\u89c1\u8bc1\u53cd\u5bf9\u8005\u8fdb\u884c\u4e86\u5206\u53c9\uff0c\u521b\u5efa\u4e86\u6bd4\u7279\u5e01\u73b0\u91d1\uff08Bitcoin Cash\uff09\uff0c\u8fd9\u662f\u6bd4\u7279\u5e01\u7684\u4f17\u591a\u5206\u53c9\u4e4b\u4e00\u3002[35]<\/p>\n\n\n\n<p>In December 2017, the first <a href=\"https:\/\/en.wikipedia.org\/wiki\/Futures_contract\">futures<\/a> on bitcoin was introduced by the <a href=\"https:\/\/en.wikipedia.org\/wiki\/Chicago_Mercantile_Exchange\">Chicago Mercantile Exchange<\/a> (CME).<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-38\">[36]<\/a><\/sup><br>\u3010\u53c2\u8003\u8bd1\u6587\u30112017\u5e7412\u6708\uff0c\u829d\u52a0\u54e5\u5546\u4e1a\u4ea4\u6613\u6240\uff08CME\uff09\u63a8\u51fa\u4e86\u9996\u4e2a\u6bd4\u7279\u5e01\u671f\u8d27\u3002[36]<\/p>\n\n\n\n<p>In February 2018, the price crashed after China imposed a complete ban on bitcoin trading.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-39\">[37]<\/a><\/sup> The percentage of bitcoin trading in the Chinese <a href=\"https:\/\/en.wikipedia.org\/wiki\/Renminbi\">renminbi<\/a> fell from over 90% in September 2017 to less than 1% in June 2018.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-40\">[38]<\/a><\/sup> During the same year, bitcoin prices were negatively affected by several hacks or thefts from cryptocurrency exchanges.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-41\">[39]<\/a><\/sup><br>\u3010\u53c2\u8003\u8bd1\u6587\u30112018\u5e742\u6708\uff0c\u4e2d\u56fd\u5168\u9762\u7981\u6b62\u6bd4\u7279\u5e01\u4ea4\u6613\u540e\uff0c\u6bd4\u7279\u5e01\u4ef7\u683c\u66b4\u8dcc\u3002[37]\u4ee5\u4eba\u6c11\u5e01\u4ea4\u6613\u7684\u6bd4\u7279\u5e01\u5360\u6bd4\u4ece2017\u5e749\u6708\u768490%\u4ee5\u4e0a\u964d\u81f32018\u5e746\u6708\u7684\u4e0d\u52301%\u3002[38]\u540c\u5e74\uff0c\u52a0\u5bc6\u8d27\u5e01\u4ea4\u6613\u6240\u53d1\u751f\u7684\u51e0\u8d77\u9ed1\u5ba2\u653b\u51fb\u6216\u76d7\u7a83\u4e8b\u4ef6\u5bf9\u6bd4\u7279\u5e01\u4ef7\u683c\u4ea7\u751f\u4e86\u8d1f\u9762\u5f71\u54cd\u3002[39]<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"2020\u2013present\">1.6 2020\u5e74\u81f3\u4eca | 2020\u2013present<\/h3>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/cathayvista.top\/wp-content\/uploads\/2024\/12\/Bitcoin_Price.webp.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"349\" src=\"https:\/\/cathayvista.top\/wp-content\/uploads\/2024\/12\/Bitcoin_Price.webp.png\" alt=\"\" class=\"wp-image-5064\" srcset=\"https:\/\/cathayvista.top\/wp-content\/uploads\/2024\/12\/Bitcoin_Price.webp.png 1024w, https:\/\/cathayvista.top\/wp-content\/uploads\/2024\/12\/Bitcoin_Price.webp-300x102.png 300w, https:\/\/cathayvista.top\/wp-content\/uploads\/2024\/12\/Bitcoin_Price.webp-768x262.png 768w, https:\/\/cathayvista.top\/wp-content\/uploads\/2024\/12\/Bitcoin_Price.webp-1000x341.png 1000w, https:\/\/cathayvista.top\/wp-content\/uploads\/2024\/12\/Bitcoin_Price.webp-230x78.png 230w, https:\/\/cathayvista.top\/wp-content\/uploads\/2024\/12\/Bitcoin_Price.webp-350x119.png 350w, https:\/\/cathayvista.top\/wp-content\/uploads\/2024\/12\/Bitcoin_Price.webp-480x164.png 480w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><figcaption class=\"wp-element-caption\">\u6b64\u56fe\u7247\u9075\u5faaCC0\u534f\u8bae<br>\u56fe\u7247\u9898\u6ce8\uff1a<strong>Bitcoin price<\/strong><sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-42\">[40]<\/a><\/sup> December 1, 2014 &#8211; December 4, 2024<br>\u53c2\u8003\u8bd1\u6587\uff1a\u6bd4\u7279\u5e01\u4ef7\u683c[40] 2014\u5e7412\u67081\u65e5 &#8211; 2024\u5e7412\u67084\u65e5<br>\u56fe\u7247\u6765\u6e90\uff1a<a href=\"https:\/\/commons.wikimedia.org\/wiki\/User:Wikideas1\">Wikideas1<\/a><\/figcaption><\/figure>\n\n\n\n<p>In 2020, some major companies and institutions started to acquire bitcoin: <a href=\"https:\/\/en.wikipedia.org\/wiki\/MicroStrategy\">MicroStrategy<\/a> invested $250 million in bitcoin as a <a href=\"https:\/\/en.wikipedia.org\/wiki\/Treasury_management\">treasury reserve asset<\/a>,<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-43\">[41]<\/a><\/sup> <a href=\"https:\/\/en.wikipedia.org\/wiki\/Square,_Inc.\">Square, Inc.<\/a>, $50 million,<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-44\">[42]<\/a><\/sup> and <a href=\"https:\/\/en.wikipedia.org\/wiki\/MassMutual\">MassMutual<\/a>, $100 million.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-45\">[43]<\/a><\/sup> In November 2020, <a href=\"https:\/\/en.wikipedia.org\/wiki\/PayPal\">PayPal<\/a> added support for bitcoin in the US.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-46\">[44]<\/a><\/sup><br>\u3010\u53c2\u8003\u8bd1\u6587\u30112020\u5e74\uff0c\u4e00\u4e9b\u5927\u516c\u53f8\u548c\u673a\u6784\u5f00\u59cb\u6536\u8d2d\u6bd4\u7279\u5e01\uff1aMicroStrategy\u5c062.5\u4ebf\u7f8e\u5143\u6295\u8d44\u4e8e\u6bd4\u7279\u5e01\uff0c\u4f5c\u4e3a\u5176\u8d22\u52a1\u50a8\u5907\u8d44\u4ea7\uff0c[41]Square\u516c\u53f8\u6295\u8d44\u4e865000\u4e07\u7f8e\u5143\uff0c[42]MassMutual\u6295\u8d44\u4e861\u4ebf\u7f8e\u5143\u3002[43]2020\u5e7411\u6708\uff0cPayPal\u5728\u7f8e\u56fd\u589e\u52a0\u4e86\u5bf9\u6bd4\u7279\u5e01\u7684\u652f\u6301\u3002[44]<\/p>\n\n\n\n<p>In February 2021, bitcoin&#8217;s <a href=\"https:\/\/en.wikipedia.org\/wiki\/Market_capitalization\">market capitalization<\/a> reached $1 trillion for the first time.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-47\">[45]<\/a><\/sup> In November 2021, the <a href=\"https:\/\/en.wikipedia.org\/wiki\/Taproot_(fork)\">Taproot<\/a> <a href=\"https:\/\/en.wikipedia.org\/wiki\/Soft-fork\">soft-fork<\/a> upgrade was activated, adding support for <a href=\"https:\/\/en.wikipedia.org\/wiki\/Schnorr_signature\">Schnorr signatures<\/a>, improved functionality of <a href=\"https:\/\/en.wikipedia.org\/wiki\/Smart_contract\">smart contracts<\/a> and <a href=\"https:\/\/en.wikipedia.org\/wiki\/Lightning_Network\">Lightning Network<\/a>.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-48\">[46]<\/a><\/sup> Before, bitcoin only used a custom <a href=\"https:\/\/en.wikipedia.org\/wiki\/Elliptic_curve_cryptography\">elliptic curve<\/a> with the <a href=\"https:\/\/en.wikipedia.org\/wiki\/ECDSA\">ECDSA<\/a> algorithm to produce <a href=\"https:\/\/en.wikipedia.org\/wiki\/Digital_signature\">signatures<\/a>.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-49\">[47]<\/a>:\u200a101\u200a<\/sup> In September 2021, bitcoin became <a href=\"https:\/\/en.wikipedia.org\/wiki\/Legal_tender\">legal tender<\/a> in <a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin_in_El_Salvador\">El Salvador<\/a>, alongside the US dollar.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-BTCSVSept7FT-6\">[4]<\/a><\/sup> In October 2021, the first bitcoin futures <a href=\"https:\/\/en.wikipedia.org\/wiki\/Exchange-traded_fund\">exchange-traded fund<\/a> (ETF), called BITO, from <a href=\"https:\/\/en.wikipedia.org\/wiki\/ProShares\">ProShares<\/a> was approved by the <a href=\"https:\/\/en.wikipedia.org\/wiki\/U.S._Securities_and_Exchange_Commission\">SEC<\/a> and listed on the <a href=\"https:\/\/en.wikipedia.org\/wiki\/Chicago_Mercantile_Exchange\">CME<\/a>.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-50\">[48]<\/a><\/sup><br>\u3010\u53c2\u8003\u8bd1\u6587\u30112021\u5e742\u6708\uff0c\u6bd4\u7279\u5e01\u7684\u5e02\u503c\u9996\u6b21\u8fbe\u52301\u4e07\u4ebf\u7f8e\u5143\u3002[45]2021\u5e7411\u6708\uff0cTaproot\u8f6f\u5206\u53c9\u5347\u7ea7\u88ab\u6fc0\u6d3b\uff0c\u589e\u52a0\u4e86\u5bf9Schnorr\u7b7e\u540d\u7684\u652f\u6301\uff0c\u5e76\u6539\u8fdb\u4e86\u667a\u80fd\u5408\u7ea6\u548c\u95ea\u7535\u7f51\u7edc\u7684\u529f\u80fd\u3002[46]\u5728\u6b64\u4e4b\u524d\uff0c\u6bd4\u7279\u5e01\u4ec5\u4f7f\u7528\u5e26\u6709ECDSA\u7b97\u6cd5\u7684\u81ea\u5b9a\u4e49\u692d\u5706\u66f2\u7ebf\u6765\u751f\u6210\u7b7e\u540d\u3002[47]:101 2021\u5e749\u6708\uff0c\u6bd4\u7279\u5e01\u4e0e\u7f8e\u5143\u4e00\u540c\u6210\u4e3a\u8428\u5c14\u74e6\u591a\u7684\u6cd5\u5b9a\u8d27\u5e01\u3002[4]2021\u5e7410\u6708\uff0c\u7f8e\u56fd\u8bc1\u5238\u4ea4\u6613\u59d4\u5458\u4f1a\uff08SEC\uff09\u6279\u51c6\u4e86ProShares\u63a8\u51fa\u7684\u9996\u4e2a\u6bd4\u7279\u5e01\u671f\u8d27\u4ea4\u6613\u6240\u4ea4\u6613\u57fa\u91d1\uff08ETF\uff09\uff0c\u79f0\u4e3aBITO\uff0c\u5e76\u5728\u829d\u52a0\u54e5\u5546\u4e1a\u4ea4\u6613\u6240\uff08CME\uff09\u4e0a\u5e02\u3002[48]<\/p>\n\n\n\n<p>In May and June 2022, the bitcoin price fell following the collapses of <a href=\"https:\/\/en.wikipedia.org\/wiki\/Terra_(blockchain)\">TerraUSD<\/a>, a <a href=\"https:\/\/en.wikipedia.org\/wiki\/Stablecoin\">stablecoin<\/a>,<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-51\">[49]<\/a><\/sup> and the <a href=\"https:\/\/en.wikipedia.org\/wiki\/Celsius_Network\">Celsius Network<\/a>, a cryptocurrency loan company.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-52\">[50]<\/a><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-53\">[51]<\/a><\/sup><br>\u3010\u53c2\u8003\u8bd1\u6587\u30112022\u5e745\u6708\u548c6\u6708\uff0c\u968f\u7740\u7a33\u5b9a\u5e01TerraUSD\u548c\u52a0\u5bc6\u8d27\u5e01\u8d37\u6b3e\u516c\u53f8Celsius Network\u7684\u5d29\u6e83\uff0c\u6bd4\u7279\u5e01\u4ef7\u683c\u51fa\u73b0\u4e0b\u8dcc\u3002[49][50][51]<\/p>\n\n\n\n<p>In 2023, ordinals\u2014<a href=\"https:\/\/en.wikipedia.org\/wiki\/Non-fungible_token\">non-fungible tokens<\/a> (NFTs)\u2014on bitcoin, went live.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-54\">[52]<\/a><\/sup> As of June 2023, River Financial estimated that bitcoin had 81.7 million users, about 1% of the global population.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-55\">[53]<\/a><\/sup> In January 2024, the first 11 US <a href=\"https:\/\/en.wikipedia.org\/wiki\/Spot_market\">spot<\/a> bitcoin <a href=\"https:\/\/en.wikipedia.org\/wiki\/Exchange-traded_fund\">ETFs<\/a> began trading, offering direct exposure to bitcoin for the first time on American stock exchanges.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-56\">[54]<\/a><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-57\">[55]<\/a><\/sup> In December 2024, bitcoin price reached $100,000 for the first time, as <a href=\"https:\/\/en.wikipedia.org\/wiki\/President-elect_of_the_United_States\">US president-elect<\/a> <a href=\"https:\/\/en.wikipedia.org\/wiki\/Donald_Trump\">Donald Trump<\/a> promised to make the US the &#8220;crypto capital of the planet&#8221; and to stockpile bitcoin.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-58\">[56]<\/a><\/sup> The same month, <a href=\"https:\/\/en.wikipedia.org\/wiki\/BlackRock\">BlackRock<\/a>, the world&#8217;s largest <a href=\"https:\/\/en.wikipedia.org\/wiki\/Asset_manager\">asset manager<\/a>, recommended investors to allocate up to 2% of their <a href=\"https:\/\/en.wikipedia.org\/wiki\/Portfolio_(finance)\">portfolio<\/a> to bitcoin.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-59\">[57]<\/a><\/sup><br>\u3010\u53c2\u8003\u8bd1\u6587\u30112023\u5e74\uff0c\u6bd4\u7279\u5e01\u4e0a\u7684\u5e8f\u6570\u2014\u2014\u975e\u540c\u8d28\u5316\u4ee3\u5e01\uff08NFT\uff09\u4e0a\u7ebf\u3002[52]\u622a\u81f32023\u5e746\u6708\uff0cRiver Financial\u4f30\u8ba1\u6bd4\u7279\u5e01\u62e5\u67098170\u4e07\u7528\u6237\uff0c\u7ea6\u5360\u5168\u7403\u4eba\u53e3\u76841%\u3002[53]2024\u5e741\u6708\uff0c\u9996\u627911\u53ea\u7f8e\u56fd\u73b0\u8d27\u6bd4\u7279\u5e01ETF\u5f00\u59cb\u4ea4\u6613\uff0c\u7f8e\u56fd\u8bc1\u5238\u4ea4\u6613\u6240\u9996\u6b21\u63d0\u4f9b\u76f4\u63a5\u63a5\u89e6\u6bd4\u7279\u5e01\u7684\u673a\u4f1a\u3002[54][55]2024\u5e7412\u6708\uff0c\u6bd4\u7279\u5e01\u4ef7\u683c\u9996\u6b21\u8fbe\u523010\u4e07\u7f8e\u5143\uff0c\u5f53\u65f6\u5f53\u9009\u7f8e\u56fd\u603b\u7edf\u7684\u5510\u7eb3\u5fb7\u00b7\u7279\u6717\u666e\u627f\u8bfa\u5c06\u4f7f\u7f8e\u56fd\u6210\u4e3a\u201c\u5168\u7403\u52a0\u5bc6\u8d27\u5e01\u4e4b\u90fd\u201d\uff0c\u5e76\u50a8\u5b58\u6bd4\u7279\u5e01\u3002[56]\u540c\u6708\uff0c\u5168\u7403\u6700\u5927\u7684\u8d44\u4ea7\u7ba1\u7406\u516c\u53f8\u8d1d\u83b1\u5fb7\uff08BlackRock\uff09\u5efa\u8bae\u6295\u8d44\u8005\u5c06\u6295\u8d44\u7ec4\u5408\u4e2d\u6700\u591a2%\u7684\u8d44\u91d1\u5206\u914d\u7ed9\u6bd4\u7279\u5e01\u3002[57]<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"Design\">2. \u8bbe\u8ba1 | Design<\/h2>\n\n\n\n<p><em>Main article: <a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin_protocol\">Bitcoin protocol<\/a>\u3010\u4e3b\u6761\u76ee\uff1a\u6bd4\u7279\u5e01\u534f\u8bae\u3011<\/em><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"Units_and_divisibility\">2.1 \u5355\u4f4d\u4e0e\u53ef\u5206\u6027 | Units and divisibility<\/h3>\n\n\n\n<p>The <a href=\"https:\/\/en.wikipedia.org\/wiki\/Unit_of_account\">unit of account<\/a> of the bitcoin system is the <em>bitcoin<\/em>. It is most commonly represented with the <a href=\"https:\/\/en.wikipedia.org\/wiki\/Currency_symbol\">symbol<\/a> \u20bf<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-unicode-10-1\">[1]<\/a><\/sup> and the <a href=\"https:\/\/en.wikipedia.org\/wiki\/Currency_code\">currency code<\/a> BTC. However, the BTC code does not conform to <a href=\"https:\/\/en.wikipedia.org\/wiki\/ISO_4217\">ISO 4217<\/a> as BT is the country code of Bhutan,<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-ssrn.3383734-60\">[58]<\/a><\/sup> and ISO 4217 requires the first letter used in global commodities to be &#8216;X&#8217;.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-ssrn.3383734-60\">[58]<\/a><\/sup> XBT, a code that conforms to <a href=\"https:\/\/en.wikipedia.org\/wiki\/ISO_4217\">ISO 4217<\/a> though not officially part of it,<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-ssrn.3383734-60\">[58]<\/a><\/sup> is used by <a href=\"https:\/\/en.wikipedia.org\/wiki\/Bloomberg_L.P.\">Bloomberg L.P.<\/a><sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-61\">[59]<\/a><\/sup><br>\u3010\u53c2\u8003\u8bd1\u6587\u3011\u6bd4\u7279\u5e01\u7cfb\u7edf\u7684\u8bb0\u8d26\u5355\u4f4d\u662f\u6bd4\u7279\u5e01\u3002\u5b83\u901a\u5e38\u4f7f\u7528\u7b26\u53f7\u20bf[1]\u548c\u8d27\u5e01\u4ee3\u7801BTC\u6765\u8868\u793a\u3002\u7136\u800c\uff0cBTC\u4ee3\u7801\u5e76\u4e0d\u7b26\u5408ISO 4217\u6807\u51c6\uff0c\u56e0\u4e3aBT\u662f\u4e0d\u4e39\u7684\u56fd\u5bb6\u4ee3\u7801[58]\uff0c\u800cISO 4217\u8981\u6c42\u5168\u7403\u5546\u54c1\u7684\u9996\u5b57\u6bcd\u4e3a\u201cX\u201d[58]\u3002XBT\u662f\u4e00\u4e2a\u7b26\u5408ISO 4217\u6807\u51c6\u7684\u4ee3\u7801\uff0c\u5c3d\u7ba1\u5b83\u5e76\u4e0d\u662f\u8be5\u6807\u51c6\u7684\u6b63\u5f0f\u90e8\u5206[58]\uff0c\u4f46\u5f6d\u535a\u6709\u9650\u516c\u53f8\uff08Bloomberg L.P.\uff09\u4f7f\u7528\u4e86\u8fd9\u4e2a\u4ee3\u7801[59]\u3002<\/p>\n\n\n\n<p>No uniform <a href=\"https:\/\/en.wikipedia.org\/wiki\/Capitalization\">capitalization<\/a> convention exists; some sources use <em>Bitcoin<\/em>, capitalized, to refer to the technology and <a href=\"https:\/\/en.wikipedia.org\/wiki\/Computer_network\">network<\/a>, and <em>bitcoin<\/em>, lowercase, for the unit of account.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-62\">[60]<\/a><\/sup> The <em><a href=\"https:\/\/en.wikipedia.org\/wiki\/Cambridge_Advanced_Learner%27s_Dictionary\">Cambridge Advanced Learner&#8217;s Dictionary<\/a><\/em> and the <em><a href=\"https:\/\/en.wikipedia.org\/wiki\/Oxford_Advanced_Learner%27s_Dictionary\">Oxford Advanced Learner&#8217;s Dictionary<\/a><\/em> use the capitalized and lowercase variants without distinction.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-63\">[61]<\/a><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-64\">[62]<\/a><\/sup><br>\u3010\u53c2\u8003\u8bd1\u6587\u3011\u5173\u4e8e\u5927\u5c0f\u5199\u89c4\u8303\uff0c\u5e76\u6ca1\u6709\u7edf\u4e00\u7684\u89c4\u5b9a\uff1b\u4e00\u4e9b\u8d44\u6599\u4f7f\u7528\u5927\u5199\u7684\u201cBitcoin\u201d\u6765\u6307\u4ee3\u6280\u672f\u548c\u7f51\u7edc\uff0c\u800c\u5c0f\u5199\u7684\u201cbitcoin\u201d\u6765\u8868\u793a\u8bb0\u8d26\u5355\u4f4d[60]\u3002\u300a\u5251\u6865\u9ad8\u7ea7\u5b66\u4e60\u8005\u8bcd\u5178\u300b\u548c\u300a\u725b\u6d25\u9ad8\u7ea7\u5b66\u4e60\u8005\u8bcd\u5178\u300b\u5728\u533a\u5206\u5927\u5c0f\u5199\u65b9\u9762\u6ca1\u6709\u505a\u51fa\u660e\u786e\u533a\u5206[61][62]\u3002<\/p>\n\n\n\n<p>One bitcoin is divisible to eight decimal places.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-Antonopoulos2014-9\">[7]<\/a>:\u200ach. 5\u200a<\/sup> Units for smaller amounts of bitcoin are the millibitcoin (mBTC), equal to 1\u20441000 bitcoin, and the satoshi<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-satoshi-2\">[Named after <a href=\"https:\/\/en.wikipedia.org\/wiki\/Satoshi_Nakamoto\">Satoshi Nakamoto<\/a>]<\/a><\/sup> (sat), representing 1\u2044100000000 (one hundred millionth) bitcoin, the smallest amount possible.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-satoshi_unit-3\">[2]<\/a><\/sup> 100,000 satoshis are one mBTC.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-65\">[63]<\/a><\/sup><br>\u3010\u53c2\u8003\u8bd1\u6587\u3011\u6bd4\u7279\u5e01\u53ef\u4ee5\u7cbe\u786e\u5230\u5c0f\u6570\u70b9\u540e\u516b\u4f4d[7]\uff1a\u7b2c5\u7ae0\u3002\u8868\u793a\u8f83\u5c0f\u91d1\u989d\u7684\u6bd4\u7279\u5e01\u5355\u4f4d\u662f\u6beb\u6bd4\u7279\u5e01\uff08mBTC\uff09\uff0c\u7b49\u4e8e1\/1000\u6bd4\u7279\u5e01\uff0c\u4ee5\u53ca\u806a\uff08sat\uff09<sup>[\u7528\u201c\u4e2d\u672c\u806a\u201d\u547d\u540d]<\/sup>\uff0c\u4ee3\u88681\/100,000,000\uff08\u4e00\u4ebf\u5206\u4e4b\u4e00\uff09\u6bd4\u7279\u5e01\uff0c\u8fd9\u662f\u53ef\u80fd\u7684\u6700\u5c0f\u91d1\u989d[2]\u3002100,000\u806a\u7b49\u4e8e1\u6beb\u6bd4\u7279\u5e01[63]\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"Blockchain\">2.2 \u533a\u5757\u94fe | Blockchain<\/h3>\n\n\n\n<p><em>Further information: <a href=\"https:\/\/en.wikipedia.org\/wiki\/Blockchain#Structure_and_design\">Blockchain \u00a7\u00a0Structure and design<\/a>\u3010\u66f4\u591a\u4fe1\u606f\uff1a\u201c\u533a\u5757\u94fe\u201d\u8bcd\u6761\u7684\u201c\u7ed3\u6784\u548c\u8bbe\u8ba1\u201d\u3011<\/em><\/p>\n\n\n\n<p>As a <a href=\"https:\/\/en.wikipedia.org\/wiki\/Decentralization\">decentralized<\/a> system, bitcoin operates without a central authority or single administrator,<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-Gervais2014-66\">[64]<\/a><\/sup> so that anyone can create a new bitcoin address and transact without needing any approval.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-Antonopoulos2014-9\">[7]<\/a>:\u200ach. 1\u200a<\/sup> This is accomplished through a specialized <a href=\"https:\/\/en.wikipedia.org\/wiki\/Distributed_ledger\">distributed ledger<\/a> called a <em><a href=\"https:\/\/en.wikipedia.org\/wiki\/Blockchain\">blockchain<\/a><\/em> that records bitcoin transactions.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-econbc-67\">[65]<\/a><\/sup><br>\u3010\u53c2\u8003\u8bd1\u6587\u3011\u4f5c\u4e3a\u4e00\u4e2a\u53bb\u4e2d\u5fc3\u5316\u7cfb\u7edf\uff0c\u6bd4\u7279\u5e01\u5728\u6ca1\u6709\u4e2d\u592e\u673a\u6784\u6216\u5355\u4e00\u7ba1\u7406\u5458\u7684\u60c5\u51b5\u4e0b\u8fd0\u884c\uff0c[64]\u56e0\u6b64\u4efb\u4f55\u4eba\u90fd\u53ef\u4ee5\u521b\u5efa\u65b0\u7684\u6bd4\u7279\u5e01\u5730\u5740\u5e76\u8fdb\u884c\u4ea4\u6613\uff0c\u800c\u65e0\u9700\u4efb\u4f55\u6279\u51c6\u3002[7]\uff1a\u7b2c1\u7ae0\u3002\u8fd9\u662f\u901a\u8fc7\u4e00\u4e2a\u79f0\u4e3a\u533a\u5757\u94fe\u7684\u4e13\u95e8\u5206\u5e03\u5f0f\u8d26\u672c\u6765\u5b9e\u73b0\u7684\uff0c\u8be5\u8d26\u672c\u8bb0\u5f55\u4e86\u6bd4\u7279\u5e01\u4ea4\u6613\u3002[65]<\/p>\n\n\n\n<p><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E5%8C%BA%E5%9D%97%E9%93%BE\">\u533a\u5757\u94fe<\/a>\uff08Blockchain\uff09\u662f\u6bd4\u7279\u5e01\u7684\u4e00\u4e2a\u91cd\u8981\u6982\u5ff5\uff0c\u8be5\u6982\u5ff5\u6700\u65e9\u5728\u4e2d\u672c\u806a\u7684\u767d\u76ae\u4e66\u4e2d\u88ab\u63d0\u51fa\uff0c\u533a\u5757\u94fe\u662f\u4e00\u4e32\u4f7f\u7528\u5bc6\u7801\u5b66\u65b9\u6cd5\u76f8\u5173\u7cfb\u4ea7\u751f\u7684\u8d44\u6599\u5757\uff08\u79f0\u4e3a\u201c\u533a\u5757\u201d\uff0cblock\uff09\u3002\u65b0\u589e\u7684\u8d44\u6599\u5757\u603b\u80fd\u94fe\u63a5\u5230\u4e0a\u4e00\u4e2a\u533a\u5757\uff0c\u5373\u6574\u6761\u533a\u5757\u94fe\u7684\u5c3e\u90e8\u3002\u6bd4\u7279\u5e01\u70b9\u5bf9\u70b9\u7f51\u7edc\u5c06\u6240\u6709\u7684\u4ea4\u6613\u5386\u53f2\u90fd\u5b58\u50a8\u5728\u201c\u533a\u5757\u94fe\u201d\uff08blockchain\uff09\u4e2d\uff0c\u6240\u4ee5\u533a\u5757\u94fe\u53ef\u4ee5\u770b\u4f5c\u8bb0\u5f55\u7740\u6bd4\u7279\u5e01\u4ea4\u6613\u7684\u8d26\u672c\u3002\u533a\u5757\u94fe\u662f\u4e00\u7fa4\u5206\u6563\u7684\u5ba2\u6237\u7aef\u8282\u70b9\uff0c\u5e76\u7531\u6240\u6709\u53c2\u4e0e\u8005\u7ec4\u6210\u7684<a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E5%88%86%E6%95%A3%E5%BC%8F%E8%B3%87%E6%96%99%E5%BA%AB\">\u5206\u5e03\u5f0f\u6570\u636e\u5e93<\/a>\uff0c\u662f\u5bf9\u6240\u6709\u6bd4\u7279\u5e01\u4ea4\u6613\u5386\u53f2\u7684\u8bb0\u5f55<sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-42\">[37]<\/a><\/sup>\u3002\u4e2d\u672c\u806a\u9884\u8ba1\uff0c\u5f53\u8d44\u6599\u91cf\u589e\u5927\u4e4b\u540e\uff0c\u7528\u6237\u7aef\u5e0c\u671b\u8fd9\u4e9b\u8d44\u6599\u5e76\u4e0d\u5168\u90e8\u5b58\u50a8\u81ea\u5df1\u7684\u8282\u70b9\u4e2d\u3002\u4e3a\u4e86\u5b9e\u73b0\u8fd9\u4e00\u76ee\u6807\uff0c\u4ed6\u91c7\u7528\u5f15\u5165<a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%95%A3%E5%88%97%E5%87%BD%E6%95%B8\">\u6563\u5217\u51fd\u6570<\/a>\u673a\u5236\u3002\u8fd9\u6837\u5ba2\u6237\u7aef\u5c06\u80fd\u591f\u81ea\u52a8\u5254\u9664\u6389\u90a3\u4e9b\u81ea\u5df1\u6c38\u8fdc\u7528\u4e0d\u5230\u7684\u90e8\u5206\uff0c\u6bd4\u65b9\u8bf4\u6781\u4e3a\u65e9\u671f\u7684\u4e00\u4e9b\u6bd4\u7279\u5e01\u4ea4\u6613\u8bb0\u5f55\u30022009\u5e74\uff0c\u4e2d\u672c\u806a\u521b\u9020\u4e86\u6bd4\u7279\u5e01\u7cfb\u7edf\u7684\u7b2c\u4e00\u4e2a\u533a\u5757\uff0c\u5373\u201c\u521b\u4e16\u533a\u5757\u201d\uff0c\u5e76\u9644\u6709\u4e00\u53e5\u201cThe Times 03\/Jan\/2009 Chancellor on brink of second bailout for banks\u201d\uff0c\u800c\u8fd9\u53e5\u662f\u5f53\u5929<a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%B3%B0%E6%99%A4%E5%A3%AB%E5%A0%B1\">\u6cf0\u6664\u58eb\u62a5<\/a>\u7684\u5934\u7248\u6587\u7ae0\u6807\u9898\u3002<\/p>\n\n\n\n<p>\u5728\u6bd4\u7279\u5e01\u7f51\u7edc\u4e2d\uff0c\u786e\u8ba4\u4e00\u9879\u4ea4\u6613\u7684\u8fc7\u7a0b\uff0c\u662f\u7531\u89e3\u51b3\u4e00\u7cfb\u5217\u8ba1\u7b97\u96be\u9898\u7684\u5de5\u4f5c\u91cf\u8bc1\u660e\u673a\u5236\u6765\u5b9e\u73b0\u7684\u3002\u5de5\u4f5c\u91cf\u8bc1\u660e\u673a\u5236\u8981\u6c42\u7535\u8111\u7684\u8ba1\u7b97\u80fd\u529b\u4e3a\u67d0\u4e2a\u6709\u9650\u503c\u7684\u60c5\u51b5\u4e0b\uff0c\u9700\u8981\u8fd0\u7b97\u4e00\u5b9a\u7684\u65f6\u95f4\u624d\u80fd\u89e3\u51b3\uff0c\u8fd9\u5c31\u4f7f\u5f97\u653b\u51fb\u8005\u65e0\u6cd5\u91cd\u5199\u3001\u4fee\u6539\u4ea4\u6613\u5386\u53f2\uff0c\u9664\u975e\u4ed6\u80fd\u591f\u62e5\u6709\u76f8\u5bf9\u6bd4\u7279\u5e01\u70b9\u5bf9\u70b9\u7f51\u7edc\u7cfb\u7edf\u66f4\u5f3a\u5927\u7684\u8ba1\u7b97\u80fd\u529b\uff0c\u4ece\u800c\u80fd\u4ee5\u66f4\u5feb\u7684\u901f\u5ea6\u4ea7\u751f\u533a\u5757\u94fe\uff08\u79f0\u4e3a&#8221;51%\u653b\u51fb&#8221;<sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-43\">[38]<\/a><\/sup>\uff09\u3002\u5de5\u4f5c\u91cf\u8bc1\u660e\u673a\u5236\u7684\u96be\u5ea6\u7531\u7cfb\u7edf\u81ea\u52a8\u8c03\u8282\uff0c\u6240\u4ee5\u65b0\u533a\u5757\u7684\u751f\u6210\u5e73\u5747\u9700\u65f610\u5206\u949f\u3002\u6574\u4e2a\u6bd4\u7279\u5e01<a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E5%B0%8D%E7%AD%89%E7%B6%B2%E8%B7%AF\">\u70b9\u5bf9\u70b9\u7f51\u7edc<\/a>\u7684\u8282\u70b9\u90fd\u4f1a\u81ea\u52a8\u68c0\u6d4b\u4ea4\u6613\u548c\u533a\u5757\u7684\u6709\u6548\u6027\uff0c\u5e76\u5ffd\u7565\u4efb\u4f55\u8fdd\u80cc\u89c4\u5219\u7684\u4ea4\u6613\u548c\u533a\u5757\uff0c\u6bd4\u5982\u90a3\u4e9b\u4ea7\u751f\u9519\u8bef\u6570\u91cf\u7684\u533a\u5757\uff0c\u6216<a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E9%9B%99%E9%87%8D%E6%94%AF%E4%BB%98\">\u591a\u6b21\u53d1\u9001\u540c\u4e00\u4efd\u989d<\/a>\u6bd4\u7279\u5e01\u7684\u4ea4\u6613\u884c\u4e3a\u3002<\/p>\n\n\n\n<p>The blockchain is implemented as an ordered list of <em>blocks<\/em>. Each block contains a <a href=\"https:\/\/en.wikipedia.org\/wiki\/SHA-256\">SHA-256<\/a> <a href=\"https:\/\/en.wikipedia.org\/wiki\/Cryptographic_hash_function\">hash<\/a> of the previous block,<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-econbc-67\">[65]<\/a><\/sup> chaining them in chronological order.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-Antonopoulos2014-9\">[7]<\/a>:\u200ach. 7\u200a<a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-econbc-67\">[65]<\/a><\/sup> The blockchain is maintained by a <a href=\"https:\/\/en.wikipedia.org\/wiki\/Peer-to-peer\">peer-to-peer<\/a> network.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-JEP-26\">[24]<\/a>:\u200a215\u2013219\u200a<\/sup> Individual blocks, public addresses, and transactions within blocks are public information, and can be examined using a blockchain explorer.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-68\">[66]<\/a><\/sup><br>\u3010\u53c2\u8003\u8bd1\u6587\u3011\u533a\u5757\u94fe\u88ab\u5b9e\u73b0\u4e3a\u4e00\u4e2a\u6709\u5e8f\u7684\u533a\u5757\u5217\u8868\u3002\u6bcf\u4e2a\u533a\u5757\u90fd\u5305\u542b\u524d\u4e00\u4e2a\u533a\u5757\u7684SHA-256\u54c8\u5e0c\u503c\uff0c[65]\u6309\u65f6\u95f4\u987a\u5e8f\u5c06\u5b83\u4eec\u94fe\u63a5\u5728\u4e00\u8d77\u3002[7]\uff1a\u7b2c7\u7ae0[65]\u3002\u533a\u5757\u94fe\u7531\u5bf9\u7b49\u7f51\u7edc\u7ef4\u62a4\u3002[24]\uff1a215\u2013219\u3002\u5355\u4e2a\u533a\u5757\u3001\u516c\u5171\u5730\u5740\u548c\u533a\u5757\u5185\u7684\u4ea4\u6613\u662f\u516c\u5f00\u4fe1\u606f\uff0c\u53ef\u4ee5\u4f7f\u7528\u533a\u5757\u94fe\u6d4f\u89c8\u5668\u8fdb\u884c\u68c0\u67e5\u3002[66]<\/p>\n\n\n\n<p>Nodes validate and broadcast transactions, each maintaining a copy of the blockchain for ownership verification.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-69\">[67]<\/a><\/sup> A new block is created every 10 minutes on average, updating the blockchain across all nodes without central oversight. This process tracks bitcoin spending, ensuring each bitcoin is <a href=\"https:\/\/en.wikipedia.org\/wiki\/Double-spending\">spent only once<\/a>. Unlike a traditional ledger that tracks physical currency, bitcoins exist digitally as <a href=\"https:\/\/en.wikipedia.org\/wiki\/Unspent_outputs_of_transactions\">unspent outputs of transactions<\/a>.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-Antonopoulos2014-9\">[7]<\/a>:\u200ach. 5\u200a<\/sup><br>\u3010\u53c2\u8003\u8bd1\u6587\u3011\u8282\u70b9\u9a8c\u8bc1\u5e76\u5e7f\u64ad\u4ea4\u6613\uff0c\u6bcf\u4e2a\u8282\u70b9\u90fd\u7ef4\u62a4\u4e00\u4efd\u533a\u5757\u94fe\u526f\u672c\u4ee5\u8fdb\u884c\u6240\u6709\u6743\u9a8c\u8bc1\u3002[67]\u5e73\u5747\u6bcf10\u5206\u949f\u521b\u5efa\u4e00\u4e2a\u65b0\u533a\u5757\uff0c\u5728\u6240\u6709\u8282\u70b9\u4e0a\u66f4\u65b0\u533a\u5757\u94fe\uff0c\u800c\u65e0\u9700\u4e2d\u592e\u76d1\u7763\u3002\u6b64\u8fc7\u7a0b\u8ddf\u8e2a\u6bd4\u7279\u5e01\u7684\u652f\u51fa\uff0c\u786e\u4fdd\u6bcf\u4e2a\u6bd4\u7279\u5e01\u53ea\u88ab\u4f7f\u7528\u4e00\u6b21\u3002\u4e0e\u4f20\u7edf\u8ddf\u8e2a\u5b9e\u4f53\u8d27\u5e01\u7684\u8d26\u672c\u4e0d\u540c\uff0c\u6bd4\u7279\u5e01\u4ee5\u4ea4\u6613\u672a\u4f7f\u7528\u7684\u8f93\u51fa\u5f62\u5f0f\u6570\u5b57\u5316\u5b58\u5728\u3002[7]\uff1a\u7b2c5\u7ae0<\/p>\n\n\n\n<p>\u5728\u8fd9\u4e00\u8fc7\u7a0b\u4e2d\uff0c\u53c2\u4e0e\u5904\u7406\u533a\u5757\u7684\u5ba2\u6237\u7aef\u53ef\u4ee5\u5f97\u5230\u4e00\u5b9a\u91cf\u65b0\u53d1\u884c\u7684\u6bd4\u7279\u5e01\uff0c\u4ee5\u53ca\u76f8\u5173\u7684\u4ea4\u6613\u624b\u7eed\u8d39\u3002\u4e3a\u4e86\u5f97\u5230\u8fd9\u4e9b\u65b0\u4ea7\u751f\u7684\u6bd4\u7279\u5e01\uff0c\u53c2\u4e0e\u5904\u7406\u533a\u5757\u7684\u7528\u6237\u7aef\u9700\u8981\u4ed8\u51fa\u5927\u91cf\u7684\u65f6\u95f4\u548c\u8ba1\u7b97\u529b\uff08\u4e3a\u6b64\u793e\u4f1a\u6709\u4e13\u4e1a\u6316\u77ff\u673a\u66ff\u4ee3\u7535\u8111\u7b49\u5176\u4ed6\u4f4e\u914d\u7684\u7f51\u7edc\u8bbe\u5907\uff09\uff0c\u8fd9\u4e2a\u8fc7\u7a0b\u975e\u5e38\u7c7b\u4f3c\u4e8e\u5f00\u91c7<a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E7%A4%A6%E6%A5%AD\">\u77ff\u4e1a<\/a>\u8d44\u6e90\uff0c\u56e0\u6b64\u4e2d\u672c\u806a\u5c06\u8d44\u6599\u5904\u7406\u8005\u547d\u540d\u4e3a\u201c\u77ff\u5de5\u201d\uff0c\u5c06\u8d44\u6599\u5904\u7406\u6d3b\u52a8\u79f0\u4e4b\u4e3a\u201c\u6316\u77ff\u201d\u3002\u8fd9\u4e9b\u65b0\u4ea7\u751f\u51fa\u6765\u7684\u6bd4\u7279\u5e01\u53ef\u4ee5\u62a5\u507f\u7cfb\u7edf\u4e2d\u7684\u8d44\u6599\u5904\u7406\u8005\uff0c\u4ed6\u4eec\u7684\u8ba1\u7b97\u5de5\u4f5c\u4e3a\u6bd4\u7279\u5e01\u70b9\u5bf9\u70b9\u7f51\u7edc\u7684\u6b63\u5e38\u8fd0\u4f5c\u63d0\u4f9b\u4fdd\u969c\u3002 \u6709\u9274\u4e8e\u6b64\uff0c\u5176\u4ed6\u7c7b\u4f3c\u7ade\u4e89\u5e01\uff08Altcoin\uff09\u90fd\u662f\u7528\u4e86\u76f8\u540c\u7684\u7406\u5ff5\u53bb\u5904\u7406\u7aef\u95f4\u4ea4\u6613\u8d44\u6599\uff0c\u53ea\u662f\u5728\u5de5\u4f5c\u91cf\u8bc1\u660e\u673a\u5236\u4e0a\u8fdb\u884c\u8c03\u6574\uff0c\u5982\u91c7\u7528\u6743\u76ca\u8bc1\u660e\uff08Proof of Stake\uff09<sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-44\">[39]<\/a><\/sup>\u548cScrypt\u7b97\u6cd5\u7b49\u3002<sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-45\">[40]<\/a><\/sup><\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"has-small-font-size\">\u201c\u6bd4\u7279\u5e01\u8ba9\u4eba\u4eec\u7b2c\u4e00\u6b21\u53ef\u4ee5\u5728\u7f51\u7edc\u4e0a\u4ea4\u6613\u8eab\u5bb6\u8d22\u4ea7\uff0c\u800c\u4e14\u662f\u5b89\u5168\u7684\uff0c\u6ca1\u6709\u4eba\u53ef\u4ee5\u6311\u6218\u5176\u5408\u6cd5\u6027\u3002\u201d\u2014\u2014Marc Andreessen<\/p>\n<\/blockquote>\n\n\n\n<p><sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-46\">[41]<\/a><\/sup><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"Addresses_and_transactions\">2.3 \u5730\u5740\u4e0e\u4ea4\u6613 | Addresses and transactions<\/h3>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/cathayvista.top\/wp-content\/uploads\/2024\/12\/Bitcoin_Transaction_Visual.svg.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"644\" src=\"https:\/\/cathayvista.top\/wp-content\/uploads\/2024\/12\/Bitcoin_Transaction_Visual.svg.png\" alt=\"\" class=\"wp-image-5065\" srcset=\"https:\/\/cathayvista.top\/wp-content\/uploads\/2024\/12\/Bitcoin_Transaction_Visual.svg.png 1024w, https:\/\/cathayvista.top\/wp-content\/uploads\/2024\/12\/Bitcoin_Transaction_Visual.svg-300x189.png 300w, https:\/\/cathayvista.top\/wp-content\/uploads\/2024\/12\/Bitcoin_Transaction_Visual.svg-768x483.png 768w, https:\/\/cathayvista.top\/wp-content\/uploads\/2024\/12\/Bitcoin_Transaction_Visual.svg-1000x629.png 1000w, https:\/\/cathayvista.top\/wp-content\/uploads\/2024\/12\/Bitcoin_Transaction_Visual.svg-230x145.png 230w, https:\/\/cathayvista.top\/wp-content\/uploads\/2024\/12\/Bitcoin_Transaction_Visual.svg-350x220.png 350w, https:\/\/cathayvista.top\/wp-content\/uploads\/2024\/12\/Bitcoin_Transaction_Visual.svg-480x302.png 480w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><figcaption class=\"wp-element-caption\">\u6b64\u56fe\u7247\u9075\u5faaCC0\u534f\u8bae<br>\u56fe\u7247\u9898\u6ce8\uff1aSimplified chain of ownership. In practice, a transaction can have more than one input and more than one output.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-EconOfBTC-70\">[68]<\/a><\/sup><br>\u53c2\u8003\u8bd1\u6587\uff1a\u7b80\u5316\u7684\u6240\u6709\u6743\u94fe\u3002\u5b9e\u9645\u4e0a\uff0c\u4e00\u7b14\u4ea4\u6613\u53ef\u4ee5\u6709\u4e00\u4e2a\u4ee5\u4e0a\u7684\u8f93\u5165\u548c\u4e00\u4e2a\u4ee5\u4e0a\u7684\u8f93\u51fa\u3002[68]<br>\u56fe\u7247\u6765\u6e90\uff1a<a href=\"https:\/\/commons.wikimedia.org\/w\/index.php?title=User:Graingert&amp;action=edit&amp;redlink=1\">Graingert<\/a><\/figcaption><\/figure>\n\n\n\n<p>In the blockchain, bitcoins are linked to specific addresses that are hashes of a <a href=\"https:\/\/en.wikipedia.org\/wiki\/Public_key\">public key<\/a>. Creating an address involves generating a random <a href=\"https:\/\/en.wikipedia.org\/wiki\/Private_key\">private key<\/a> and then computing the corresponding address. This process is almost instant, but the reverse (finding the private key for a given address) is nearly impossible.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-Antonopoulos2014-9\">[7]<\/a>:\u200ach. 4\u200a<\/sup> Publishing a bitcoin address does not risk its private key, and it is extremely unlikely to accidentally generate a used key with funds. To use bitcoins, owners need their private key to <a href=\"https:\/\/en.wikipedia.org\/wiki\/Digital_signature\">digitally sign<\/a> transactions, which are verified by the network using the public key, keeping the private key secret.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-Antonopoulos2014-9\">[7]<\/a>:\u200ach. 5\u200a<\/sup><br>\u3010\u53c2\u8003\u8bd1\u6587\u3011\u5728\u533a\u5757\u94fe\u4e2d\uff0c\u6bd4\u7279\u5e01\u4e0e\u7279\u5b9a\u5730\u5740\u76f8\u5173\u8054\uff0c\u8fd9\u4e9b\u5730\u5740\u662f\u516c\u94a5\u7684\u54c8\u5e0c\u503c\u3002\u521b\u5efa\u4e00\u4e2a\u5730\u5740\u6d89\u53ca\u751f\u6210\u4e00\u4e2a\u968f\u673a\u7684\u79c1\u94a5\uff0c\u7136\u540e\u8ba1\u7b97\u76f8\u5e94\u7684\u5730\u5740\u3002\u8fd9\u4e2a\u8fc7\u7a0b\u51e0\u4e4e\u662f\u77ac\u65f6\u7684\uff0c\u4f46\u53cd\u8fc7\u6765\uff08\u4e3a\u7ed9\u5b9a\u5730\u5740\u627e\u5230\u79c1\u94a5\uff09\u5219\u51e0\u4e4e\u662f\u4e0d\u53ef\u80fd\u7684\u3002[7]\uff1a\u7b2c4\u7ae0\u3002\u516c\u5e03\u4e00\u4e2a\u6bd4\u7279\u5e01\u5730\u5740\u5e76\u4e0d\u4f1a\u6cc4\u9732\u5176\u79c1\u94a5\uff0c\u800c\u4e14\u51e0\u4e4e\u4e0d\u53ef\u80fd\u610f\u5916\u5730\u751f\u6210\u4e00\u4e2a\u5305\u542b\u8d44\u91d1\u7684\u5df2\u4f7f\u7528\u5bc6\u94a5\u3002\u8981\u4f7f\u7528\u6bd4\u7279\u5e01\uff0c\u6240\u6709\u8005\u9700\u8981\u4f7f\u7528\u79c1\u94a5\u5bf9\u4ea4\u6613\u8fdb\u884c\u6570\u5b57\u7b7e\u540d\uff0c\u7f51\u7edc\u4f1a\u4f7f\u7528\u516c\u94a5\u8fdb\u884c\u9a8c\u8bc1\uff0c\u540c\u65f6\u4fdd\u6301\u79c1\u94a5\u7684\u79d8\u5bc6\u6027\u3002[7]\uff1a\u7b2c5\u7ae0<\/p>\n\n\n\n<p>Bitcoin transactions use a <a href=\"https:\/\/en.wikipedia.org\/wiki\/Forth_(programming_language)\">Forth<\/a>-like <a href=\"https:\/\/en.wikipedia.org\/wiki\/Scripting_language\">scripting language<\/a>,<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-Antonopoulos2014-9\">[7]<\/a>:\u200ach. 5\u200a<\/sup> involving one or more inputs and outputs. When sending bitcoins, a user specifies the recipients&#8217; addresses and the amount for each output. This allows sending bitcoins to several recipients in a single transaction. To prevent double-spending, each input must refer to a previous unspent output in the blockchain.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-EconOfBTC-70\">[68]<\/a><\/sup> Using multiple inputs is similar to using multiple coins in a cash transaction. As in a cash transaction, the sum of inputs can exceed the intended sum of payments. In such a case, an additional output can return the change back to the payer.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-EconOfBTC-70\">[68]<\/a><\/sup> Unallocated input satoshis in the transaction become the transaction fee.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-EconOfBTC-70\">[68]<\/a><\/sup><br>\u3010\u53c2\u8003\u8bd1\u6587\u3011\u6bd4\u7279\u5e01\u4ea4\u6613\u4f7f\u7528\u4e00\u79cd\u7c7b\u4f3c\u4e8eForth\u7684\u811a\u672c\u8bed\u8a00\uff0c[7]\uff1a\u7b2c5\u7ae0\uff0c\u6d89\u53ca\u4e00\u4e2a\u6216\u591a\u4e2a\u8f93\u5165\u548c\u8f93\u51fa\u3002\u5728\u53d1\u9001\u6bd4\u7279\u5e01\u65f6\uff0c\u7528\u6237\u9700\u8981\u6307\u5b9a\u63a5\u6536\u8005\u7684\u5730\u5740\u4ee5\u53ca\u6bcf\u4e2a\u8f93\u51fa\u7684\u91d1\u989d\u3002\u8fd9\u5141\u8bb8\u5728\u5355\u4e2a\u4ea4\u6613\u4e2d\u5411\u591a\u4e2a\u63a5\u6536\u8005\u53d1\u9001\u6bd4\u7279\u5e01\u3002\u4e3a\u4e86\u9632\u6b62\u53cc\u91cd\u652f\u4ed8\uff0c\u6bcf\u4e2a\u8f93\u5165\u5fc5\u987b\u5f15\u7528\u533a\u5757\u94fe\u4e2d\u4ee5\u524d\u7684\u4e00\u4e2a\u672a\u4f7f\u7528\u8f93\u51fa\u3002[68]\u4f7f\u7528\u591a\u4e2a\u8f93\u5165\u7c7b\u4f3c\u4e8e\u5728\u73b0\u91d1\u4ea4\u6613\u4e2d\u4f7f\u7528\u591a\u4e2a\u786c\u5e01\u3002\u4e0e\u73b0\u91d1\u4ea4\u6613\u4e00\u6837\uff0c\u8f93\u5165\u7684\u603b\u548c\u53ef\u4ee5\u8d85\u8fc7\u9884\u671f\u652f\u4ed8\u7684\u603b\u548c\u3002\u5728\u8fd9\u79cd\u60c5\u51b5\u4e0b\uff0c\u53ef\u4ee5\u901a\u8fc7\u4e00\u4e2a\u989d\u5916\u7684\u8f93\u51fa\u6765\u5c06\u4f59\u989d\u9000\u56de\u7ed9\u652f\u4ed8\u8005\u3002[68]\u4ea4\u6613\u4e2d\u672a\u5206\u914d\u7684\u8f93\u5165\u806a\u5c06\u6210\u4e3a\u4ea4\u6613\u8d39\u3002[68]<\/p>\n\n\n\n<p>Losing a private key means losing access to the bitcoins, with no other proof of ownership accepted by the <a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin_protocol\">protocol<\/a>.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-JEP-26\">[24]<\/a><\/sup> For instance, in 2013, a user lost \u20bf7,500, valued at US$7.5 million, by accidentally discarding a <a href=\"https:\/\/en.wikipedia.org\/wiki\/Hard_disk_drive\">hard drive<\/a> with the private key.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-71\">[69]<\/a><\/sup> It is estimated that around 20% of all bitcoins are lost.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-72\">[70]<\/a><\/sup> The private key must also be kept secret as its exposure, such as through a <a href=\"https:\/\/en.wikipedia.org\/wiki\/Data_breach\">data breach<\/a>, can lead to theft of the associated bitcoins.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-Antonopoulos2014-9\">[7]<\/a>:\u200ach. 10\u200a<a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-73\">[71]<\/a><\/sup> As of December\u00a02017, approximately \u20bf980,000 had been stolen from <a href=\"https:\/\/en.wikipedia.org\/wiki\/Cryptocurrency_exchange\">cryptocurrency exchanges<\/a>.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-74\">[72]<\/a><\/sup><br>\u3010\u53c2\u8003\u8bd1\u6587\u3011\u4e22\u5931\u79c1\u94a5\u610f\u5473\u7740\u5931\u53bb\u5bf9\u6bd4\u7279\u5e01\u7684\u8bbf\u95ee\u6743\u9650\uff0c\u5e76\u4e14\u534f\u8bae\u4e0d\u63a5\u53d7\u5176\u4ed6\u6240\u6709\u6743\u8bc1\u660e\u3002[24]\u4f8b\u5982\uff0c2013\u5e74\uff0c\u4e00\u540d\u7528\u6237\u56e0\u610f\u5916\u4e22\u5f03\u5305\u542b\u79c1\u94a5\u7684\u786c\u76d8\u800c\u635f\u5931\u4e86\u4ef7\u503c750\u4e07\u7f8e\u5143\u76847500\u4e2a\u6bd4\u7279\u5e01\u3002[69]\u636e\u4f30\u8ba1\uff0c\u5927\u7ea620%\u7684\u6bd4\u7279\u5e01\u5df2\u7ecf\u4e22\u5931\u3002[70]\u79c1\u94a5\u4e5f\u5fc5\u987b\u4fdd\u5bc6\uff0c\u56e0\u4e3a\u5176\u66b4\u9732\uff08\u5982\u6570\u636e\u6cc4\u9732\uff09\u53ef\u80fd\u5bfc\u81f4\u76f8\u5173\u6bd4\u7279\u5e01\u88ab\u76d7\u3002[7]\uff1a\u7b2c10\u7ae0[71]\u622a\u81f32017\u5e7412\u6708\uff0c\u5df2\u6709\u5927\u7ea698\u4e07\u4e2a\u6bd4\u7279\u5e01\u4ece\u52a0\u5bc6\u8d27\u5e01\u4ea4\u6613\u6240\u88ab\u76d7\u3002[72]<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"Mining\">2.4 \u6316\u77ff | Mining<\/h3>\n\n\n\n<p><em>See also: <a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin_protocol#Mining\">Bitcoin protocol \u00a7\u00a0Mining<\/a>\u3010\u53c2\u89c1\uff1a\u201c\u6bd4\u7279\u5e01\u534f\u8bae\u201d\u8bcd\u6761\u7684\u201c\u6316\u77ff\u201d\u3011<\/em><\/p>\n\n\n\n<p><em>\u4e3b\u6761\u76ee\uff1a<a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%8C%96%E7%A4%A6_(%E6%AF%94%E7%89%B9%E5%B9%A3)\">\u6316\u77ff (\u6bd4\u7279\u5e01)<\/a><\/em><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/cathayvista.top\/wp-content\/uploads\/2024\/12\/Argo_Blockchain_Mirabel_Facility.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"768\" src=\"https:\/\/cathayvista.top\/wp-content\/uploads\/2024\/12\/Argo_Blockchain_Mirabel_Facility.jpg\" alt=\"\" class=\"wp-image-5066\" srcset=\"https:\/\/cathayvista.top\/wp-content\/uploads\/2024\/12\/Argo_Blockchain_Mirabel_Facility.jpg 1024w, https:\/\/cathayvista.top\/wp-content\/uploads\/2024\/12\/Argo_Blockchain_Mirabel_Facility-300x225.jpg 300w, https:\/\/cathayvista.top\/wp-content\/uploads\/2024\/12\/Argo_Blockchain_Mirabel_Facility-768x576.jpg 768w, https:\/\/cathayvista.top\/wp-content\/uploads\/2024\/12\/Argo_Blockchain_Mirabel_Facility-1000x750.jpg 1000w, https:\/\/cathayvista.top\/wp-content\/uploads\/2024\/12\/Argo_Blockchain_Mirabel_Facility-230x173.jpg 230w, https:\/\/cathayvista.top\/wp-content\/uploads\/2024\/12\/Argo_Blockchain_Mirabel_Facility-350x263.jpg 350w, https:\/\/cathayvista.top\/wp-content\/uploads\/2024\/12\/Argo_Blockchain_Mirabel_Facility-480x360.jpg 480w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><figcaption class=\"wp-element-caption\">\u6b64\u56fe\u7247\u9075\u5faaCC BY-SA 4.0\u534f\u8bae<br>\u56fe\u7247\u9898\u6ce8\uff1aBitcoin mining <a href=\"https:\/\/en.wikipedia.org\/wiki\/Data_center\">facility<\/a> with large amounts of mining hardware<br>\u53c2\u8003\u8bd1\u6587\uff1a\u62e5\u6709\u5927\u91cf\u6316\u77ff\u786c\u4ef6\u7684\u6bd4\u7279\u5e01\u6316\u77ff\u8bbe\u65bd<br>\u56fe\u7247\u6765\u6e90\uff1a<a href=\"https:\/\/commons.wikimedia.org\/w\/index.php?title=User:MikeBogosian&amp;action=edit&amp;redlink=1\">MikeBogosian<\/a><\/figcaption><\/figure>\n\n\n\n<p>\u5728\u6bd4\u7279\u5e01\u767d\u76ae\u4e66\u4e2d\u63d0\u51fa\u4e86\u4e00\u79cd\u57fa\u4e8e\u6316\u77ff\u548c\u4ea4\u6613\u624b\u7eed\u8d39\u7684\u5546\u4e1a\u6a21\u5f0f\uff0c\u4e3a\u53c2\u4e0e\u6bd4\u7279\u5e01\u7f51\u7edc\u7684\u7528\u6237\u63d0\u4f9b\u4e86\u7ecf\u6d4e\u6fc0\u52b1\uff0c\u540c\u65f6\u4e5f\u4e3a\u6bd4\u7279\u5e01\u7f51\u7edc\u7684\u7a33\u5b9a\u8fd0\u884c\u63d0\u4f9b\u4e86\u4fdd\u969c\u3002<\/p>\n\n\n\n<p>The mining process in bitcoin involves maintaining the blockchain through computer <a href=\"https:\/\/en.wikipedia.org\/wiki\/Processing_power\">processing power<\/a>. Miners group and broadcast new transactions into blocks, which are then verified by the network.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-econbc-67\">[65]<\/a><\/sup> Each block must contain a proof of work (PoW) to be accepted,<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-econbc-67\">[65]<\/a><\/sup> involving finding a <a href=\"https:\/\/en.wikipedia.org\/wiki\/Cryptographic_nonce\">nonce<\/a> number that, combined with the block content, produces a <a href=\"https:\/\/en.wikipedia.org\/wiki\/Cryptographic_hash\">hash<\/a> numerically smaller than the network&#8217;s <em>difficulty target<\/em>.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-Antonopoulos2014-9\">[7]<\/a>:\u200ach. 8\u200a<\/sup> This PoW is simple to verify but hard to generate, requiring many attempts.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-Antonopoulos2014-9\">[7]<\/a>:\u200ach. 8\u200a<\/sup> PoW forms the basis of bitcoin&#8217;s <a href=\"https:\/\/en.wikipedia.org\/wiki\/Consensus_(computer_science)\">consensus mechanism<\/a>.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-Mingxiao2017-75\">[73]<\/a><\/sup><br>\u3010\u53c2\u8003\u8bd1\u6587\u3011\u6bd4\u7279\u5e01\u7684\u6316\u77ff\u8fc7\u7a0b\u6d89\u53ca\u901a\u8fc7\u8ba1\u7b97\u673a\u5904\u7406\u80fd\u529b\u6765\u7ef4\u6301\u533a\u5757\u94fe\u3002\u77ff\u5de5\u5c06\u65b0\u7684\u4ea4\u6613\u5206\u7ec4\u5e76\u5e7f\u64ad\u5230\u533a\u5757\u4e2d\uff0c\u7136\u540e\u7531\u7f51\u7edc\u8fdb\u884c\u9a8c\u8bc1\u3002[65]\u6bcf\u4e2a\u533a\u5757\u5fc5\u987b\u5305\u542b\u4e00\u4efd\u5de5\u4f5c\u91cf\u8bc1\u660e\uff08PoW\uff09\u624d\u80fd\u88ab\u63a5\u53d7\uff0c[65]\u8fd9\u6d89\u53ca\u5230\u627e\u5230\u4e00\u4e2a\u968f\u673a\u6570\uff08nonce\uff09\uff0c\u5c06\u5176\u4e0e\u533a\u5757\u5185\u5bb9\u76f8\u7ed3\u5408\uff0c\u4ea7\u751f\u4e00\u4e2a\u6570\u503c\u4e0a\u5c0f\u4e8e\u7f51\u7edc\u96be\u5ea6\u76ee\u6807\u7684\u54c8\u5e0c\u503c\u3002[7]\uff1a\u7b2c8\u7ae0\u3002\u8fd9\u79cd\u5de5\u4f5c\u91cf\u8bc1\u660e\u5f88\u5bb9\u6613\u9a8c\u8bc1\u4f46\u5f88\u96be\u751f\u6210\uff0c\u9700\u8981\u591a\u6b21\u5c1d\u8bd5\u3002[7]\uff1a\u7b2c8\u7ae0\u3002\u5de5\u4f5c\u91cf\u8bc1\u660e\u6784\u6210\u4e86\u6bd4\u7279\u5e01\u5171\u8bc6\u673a\u5236\u7684\u57fa\u7840\u3002[73]<\/p>\n\n\n\n<p>\u7528\u6237\u53ea\u8981\u80fd\u8fde\u4e0a\u7f51\u7edc\uff0c\u5e76\u914d\u6709\u9002\u5f53\u7684<a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E4%B8%AD%E5%A4%AE%E5%A4%84%E7%90%86%E5%99%A8\">\u4e2d\u592e\u5904\u7406\u5668<\/a>CPU\u3001<a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E5%9C%96%E5%BD%A2%E8%99%95%E7%90%86%E5%99%A8\">\u56fe\u5f62\u5904\u7406\u5668<\/a>GPU\u3001<a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E7%89%B9%E6%AE%8A%E6%87%89%E7%94%A8%E7%A9%8D%E9%AB%94%E9%9B%BB%E8%B7%AF\">\u7279\u6b8a\u5e94\u7528\u96c6\u6210\u7535\u8def<\/a>ASIC\u7b49\u7535\u8111\u8bbe\u5907\uff0c\u79f0\u4e3a\u201c\u77ff\u673a\u201d\uff0c\u4efb\u4f55\u4eba\u90fd\u53ef\u6316\u77ff\u3002\u4e3a\u4e86\u83b7\u5f97\u7cfb\u7edf\u6bcf\u5341\u5206\u949f\u5956\u52b1\u7684\u6bd4\u7279\u5e01\uff0c\u627e\u5230\u8ba9\u8d26\u518c\u533a\u5757\u96be\u4ee5\u88ab\u6076\u610f\u4fee\u6539\u4f46\u662f\u5374\u6613\u4e8e\u9a8c\u8bc1\u7684\u6570\u5b66\u96be\u9898\uff0c\u6b64\u8fc7\u7a0b\u72b9\u5982\u5f00\u91c7<a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E7%A4%A6%E7%89%A9\">\u77ff\u7269<\/a>\u4e00\u6837\u56f0\u96be\uff0c\u6545\u79f0\u4e3a\u201c\u6316\u77ff\u201d\uff0c\u4f7f\u7528\u77ff\u673a\u6316\u77ff\u7684\u4eba\u88ab\u79f0\u4e3a\u201c\u77ff\u5de5\u201d\u3002\u6316\u77ff\u8fd8\u5305\u542b\u6253\u5305\u548c\u9a8c\u8bc1\u6570\u5343\u7b14\u4ea4\u6613\u6210\u4e3a\u533a\u5757\uff0c\u8bc1\u660e\u8f6c\u8d26\u8005\u6709\u8db3\u591f\u7684\u6bd4\u7279\u5e01\uff0c\u9632\u6b62<a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E4%B8%80%E5%B9%A3%E5%A4%9A%E4%BB%98\">\u4e00\u5e01\u591a\u4ed8<\/a>\u7684\u53d1\u751f\uff0c\u4ece\u800c\u8d5a\u53d6\u6bd4\u7279\u5e01\u624b\u7eed\u8d39\u3002<sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-55\">[50]<\/a><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-56\">[51]<\/a><\/sup><\/p>\n\n\n\n<p>\u6bd4\u7279\u5e01\u7684\u6316\u6398\u8fc7\u7a0b\u6d89\u53ca\u4f7f\u7528\u8ba1\u7b97\u673a\u7684\u5904\u7406\u80fd\u529b\u6765\u7ef4\u62a4\u533a\u5757\u94fe\u3002\u77ff\u5de5\u5c06\u65b0\u7684\u4ea4\u6613\u6253\u5305\u6210\u4e00\u4e2a\u533a\u5757\uff0c\u5e76\u5c06\u8be5\u533a\u5757\u5e7f\u64ad\u5230\u7f51\u7edc\u4e2d\uff0c\u7b49\u5f85\u7f51\u7edc\u4e2d\u7684\u5176\u4ed6\u8282\u70b9\u9a8c\u8bc1\u3002\u6bcf\u4e2a\u533a\u5757\u5fc5\u987b\u5305\u542b\u4e00\u4e2a\u201c\u5de5\u4f5c\u91cf\u8bc1\u660e\u201d\uff08PoW\uff09\uff0c\u5373\u901a\u8fc7\u53cd\u590d\u5c1d\u8bd5\u627e\u5230\u4e00\u4e2a\u7279\u5b9a\u7684\u968f\u673a\u6570\uff08\u4e5f\u79f0\u4e3a\u201cnonce\u201d\uff09\u3002<sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-57\">[52]<\/a><\/sup>\u8fd9\u4e2a\u968f\u673a\u6570\u4e0e\u533a\u5757\u7684\u5185\u5bb9\u7ed3\u5408\u540e\uff0c\u5fc5\u987b\u751f\u6210\u4e00\u4e2a\u54c8\u5e0c\u503c\uff0c\u8be5\u54c8\u5e0c\u503c\u5c0f\u4e8e\u5f53\u524d\u7f51\u7edc\u8bbe\u5b9a\u7684\u96be\u5ea6\u76ee\u6807\u3002\u867d\u7136\u9a8c\u8bc1\u8fd9\u4e2a PoW \u5f88\u7b80\u5355\uff0c\u4f46\u751f\u6210\u5b83\u9700\u8981\u8fdb\u884c\u5927\u91cf\u8ba1\u7b97\u548c\u5c1d\u8bd5\u3002PoW \u662f\u6bd4\u7279\u5e01\u5171\u8bc6\u673a\u5236\u7684\u57fa\u7840\u3002<\/p>\n\n\n\n<p>The difficulty of generating a block is <a href=\"https:\/\/en.wikipedia.org\/wiki\/Deterministic_algorithm\">deterministically adjusted<\/a> based on the <a href=\"https:\/\/en.wikipedia.org\/wiki\/Hashrate\">mining power on the network<\/a> by changing the difficulty target, which is recalibrated every 2,016 blocks (approximately two weeks) to maintain an average time of ten minutes between new blocks. The process requires significant computational power and specialized <a href=\"https:\/\/en.wikipedia.org\/wiki\/Computer_hardware\">hardware<\/a>.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-Antonopoulos2014-9\">[7]<\/a>:\u200ach. 8\u200a<a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-76\">[74]<\/a><\/sup><br>\u3010\u53c2\u8003\u8bd1\u6587\u3011\u6839\u636e\u7f51\u7edc\u4e0a\u7684\u6316\u77ff\u80fd\u529b\uff0c\u901a\u8fc7\u6539\u53d8\u96be\u5ea6\u76ee\u6807\uff08\u6bcf2016\u4e2a\u533a\u5757\uff0c\u5927\u7ea6\u4e24\u5468\uff0c\u91cd\u65b0\u6821\u51c6\u4e00\u6b21\uff09\u6765\u786e\u5b9a\u6027\u5730\u8c03\u6574\u751f\u6210\u533a\u5757\u7684\u96be\u5ea6\uff0c\u4ee5\u4fdd\u6301\u65b0\u533a\u5757\u4e4b\u95f4\u5e73\u574710\u5206\u949f\u7684\u65f6\u95f4\u95f4\u9694\u3002\u8fd9\u4e2a\u8fc7\u7a0b\u9700\u8981\u5927\u91cf\u7684\u8ba1\u7b97\u80fd\u529b\u548c\u4e13\u4e1a\u786c\u4ef6\u3002[7]\uff1a\u7b2c8\u7ae0[74]<\/p>\n\n\n\n<p>Miners who successfully find a new block can collect transaction fees from the included transactions and a set reward in bitcoins.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-bloombergvance111413-77\">[75]<\/a><\/sup> To claim this reward, a special transaction called a <em>coinbase<\/em> is included in the block, with the miner as the payee. All bitcoins in existence have been created through this type of transaction.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-Antonopoulos2014-9\">[7]<\/a>:\u200ach. 8\u200a<\/sup> This reward is halved every 210,000 blocks until \u20bf21\u00a0million,<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-supply-5\">[b]<\/a><\/sup> with new bitcoin issuance slated to end around 2140. Afterward, miners will only earn from transaction fees. These fees are determined by the transaction&#8217;s size and the amount of data stored, measured in satoshis per byte.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-78\">[76]<\/a><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-EconOfBTC-70\">[68]<\/a><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-Antonopoulos2014-9\">[7]<\/a>:\u200ach. 8\u200a<\/sup><br>\u3010\u53c2\u8003\u8bd1\u6587\u3011\u6210\u529f\u627e\u5230\u65b0\u533a\u5757\u7684\u77ff\u5de5\u53ef\u4ee5\u4ece\u5305\u542b\u7684\u4ea4\u6613\u4e2d\u6536\u96c6\u4ea4\u6613\u8d39\uff0c\u5e76\u83b7\u5f97\u4e00\u5b9a\u6570\u91cf\u7684\u6bd4\u7279\u5e01\u4f5c\u4e3a\u5956\u52b1\u3002[75]\u4e3a\u4e86\u9886\u53d6\u8fd9\u4efd\u5956\u52b1\uff0c\u533a\u5757\u4e2d\u5305\u542b\u4e86\u4e00\u4e2a\u7279\u6b8a\u7684\u4ea4\u6613\uff0c\u79f0\u4e3a\u94f8\u5e01\u4ea4\u6613\uff08coinbase\uff09\uff0c\u77ff\u5de5\u4f5c\u4e3a\u6536\u6b3e\u4eba\u3002\u6240\u6709\u73b0\u6709\u7684\u6bd4\u7279\u5e01\u90fd\u662f\u901a\u8fc7\u8fd9\u79cd\u7c7b\u578b\u7684\u4ea4\u6613\u521b\u5efa\u7684\u3002[7]\uff1a\u7b2c8\u7ae0\u3002\u8fd9\u4efd\u5956\u52b1\u6bcf210,000\u4e2a\u533a\u5757\u51cf\u534a\uff0c\u76f4\u5230\u8fbe\u52302100\u4e07\u4e2a\u6bd4\u7279\u5e01[b]\uff0c\u5c4a\u65f6\u65b0\u7684\u6bd4\u7279\u5e01\u53d1\u884c\u5c06\u8ba1\u5212\u57282140\u5e74\u5de6\u53f3\u7ed3\u675f\u3002\u4e4b\u540e\uff0c\u77ff\u5de5\u5c06\u53ea\u80fd\u8d5a\u53d6\u4ea4\u6613\u8d39\u3002\u8fd9\u4e9b\u8d39\u7528\u7531\u4ea4\u6613\u7684\u5927\u5c0f\u548c\u5b58\u50a8\u7684\u6570\u636e\u91cf\u51b3\u5b9a\uff0c\u4ee5\u6bcf\u5b57\u8282\u7684\u806a\u6570\u6765\u8861\u91cf\u3002[76][68][7]\uff1a\u7b2c8\u7ae0<\/p>\n\n\n\n<p>The proof of work system and the chaining of blocks make blockchain modifications very difficult, as altering one block requires changing all subsequent blocks. As more blocks are added, modifying older blocks becomes increasingly challenging.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-79\">[77]<\/a><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-econbc-67\">[65]<\/a><\/sup> In case of disagreement, nodes trust the longest chain, which required the greatest amount of effort to produce.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-Mingxiao2017-75\">[73]<\/a><\/sup> To tamper or censor the ledger, one needs to control the majority of the global <a href=\"https:\/\/en.wikipedia.org\/wiki\/Hashrate\">hashrate<\/a>.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-Mingxiao2017-75\">[73]<\/a><\/sup> The high cost required to reach this level of computational power <a href=\"https:\/\/en.wikipedia.org\/wiki\/Computer_security\">secures<\/a> the bitcoin blockchain.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-Mingxiao2017-75\">[73]<\/a><\/sup><br>\u3010\u53c2\u8003\u8bd1\u6587\u3011\u5de5\u4f5c\u91cf\u8bc1\u660e\u7cfb\u7edf\u548c\u533a\u5757\u7684\u94fe\u63a5\u4f7f\u5f97\u533a\u5757\u94fe\u7684\u4fee\u6539\u53d8\u5f97\u975e\u5e38\u56f0\u96be\uff0c\u56e0\u4e3a\u4fee\u6539\u4e00\u4e2a\u533a\u5757\u9700\u8981\u66f4\u6539\u6240\u6709\u540e\u7eed\u7684\u533a\u5757\u3002\u968f\u7740\u66f4\u591a\u533a\u5757\u7684\u6dfb\u52a0\uff0c\u4fee\u6539\u8f83\u65e9\u7684\u533a\u5757\u53d8\u5f97\u8d8a\u6765\u8d8a\u5177\u6709\u6311\u6218\u6027\u3002[77][65]\u5728\u51fa\u73b0\u5206\u6b67\u7684\u60c5\u51b5\u4e0b\uff0c\u8282\u70b9\u4fe1\u4efb\u6700\u957f\u7684\u94fe\u6761\uff0c\u56e0\u4e3a\u751f\u6210\u5b83\u6240\u9700\u7684\u52aa\u529b\u6700\u5927\u3002[73]\u8981\u7be1\u6539\u6216\u5ba1\u67e5\u8d26\u672c\uff0c\u9700\u8981\u63a7\u5236\u5168\u7403\u5927\u90e8\u5206\u54c8\u5e0c\u7387\u3002[73]\u8fbe\u5230\u8fd9\u79cd\u8ba1\u7b97\u80fd\u529b\u6c34\u5e73\u6240\u9700\u7684\u9ad8\u6602\u6210\u672c\u786e\u4fdd\u4e86\u6bd4\u7279\u5e01\u533a\u5757\u94fe\u7684\u5b89\u5168\u6027\u3002[73]<\/p>\n\n\n\n<p><a href=\"https:\/\/en.wikipedia.org\/wiki\/Environmental_impact_of_bitcoin\">Bitcoin mining&#8217;s environmental impact<\/a> is controversial and has attracted the attention of regulators, <a href=\"https:\/\/en.wikipedia.org\/wiki\/Legality_of_cryptocurrency_by_country_or_territory\">leading to restrictions or incentives in various jurisdictions<\/a>.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-Stoll2023-80\">[78]<\/a><\/sup> As of 2022, a <a href=\"https:\/\/en.wikipedia.org\/wiki\/Non-peer-reviewed\">non-peer-reviewed<\/a> study by the <a href=\"https:\/\/en.wikipedia.org\/wiki\/Cambridge_Centre_for_Alternative_Finance\">Cambridge Centre for Alternative Finance<\/a> (CCAF) estimated that bitcoin mining represented 0.4% of <a href=\"https:\/\/en.wikipedia.org\/wiki\/World_energy_supply_and_consumption\">global electricity consumption<\/a>.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-Messina2023-81\">[79]<\/a><\/sup> Another 2022 non-peer-reviewed commentary published in <em><a href=\"https:\/\/en.wikipedia.org\/wiki\/Joule_(journal)\">Joule<\/a><\/em> estimated that bitcoin mining was responsible for 0.2% of world greenhouse gas emissions.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-deVries2022-82\">[80]<\/a><\/sup> About half of the electricity used is generated through <a href=\"https:\/\/en.wikipedia.org\/wiki\/Fossil_fuel\">fossil fuels<\/a>.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-NYT20220116-83\">[81]<\/a><\/sup> Moreover, mining hardware&#8217;s short lifespan results in <a href=\"https:\/\/en.wikipedia.org\/wiki\/Electronic_waste\">electronic waste<\/a>.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-deVries2021-84\">[82]<\/a><\/sup> The amount of electrical energy consumed, and the e-waste generated, is comparable to that of Greece and the Netherlands, respectively.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-deVries2021-84\">[82]<\/a><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-deVries2022-82\">[80]<\/a><\/sup><br>\u3010\u53c2\u8003\u8bd1\u6587\u3011\u6bd4\u7279\u5e01\u6316\u77ff\u5bf9\u73af\u5883\u7684\u5f71\u54cd\u5907\u53d7\u4e89\u8bae\uff0c\u5e76\u5f15\u8d77\u4e86\u76d1\u7ba1\u673a\u6784\u7684\u5173\u6ce8\uff0c\u5bfc\u81f4\u5404\u5730\u51fa\u53f0\u4e86\u9650\u5236\u63aa\u65bd\u6216\u6fc0\u52b1\u63aa\u65bd\u3002[78]\u622a\u81f32022\u5e74\uff0c\u5251\u6865\u66ff\u4ee3\u91d1\u878d\u4e2d\u5fc3\uff08CCAF\uff09\u7684\u4e00\u9879\u672a\u7ecf\u540c\u884c\u8bc4\u5ba1\u7684\u7814\u7a76\u4f30\u8ba1\uff0c\u6bd4\u7279\u5e01\u6316\u77ff\u5360\u5168\u7403\u7535\u529b\u6d88\u8017\u76840.4%\u3002[79]\u53e6\u4e00\u7bc72022\u5e74\u53d1\u8868\u5728\u300a\u7126\u8033\u300b\uff08Joule\uff09\u6742\u5fd7\u4e0a\u7684\u672a\u7ecf\u540c\u884c\u8bc4\u5ba1\u7684\u8bc4\u8bba\u6587\u7ae0\u4f30\u8ba1\uff0c\u6bd4\u7279\u5e01\u6316\u77ff\u5360\u5168\u7403\u6e29\u5ba4\u6c14\u4f53\u6392\u653e\u91cf\u76840.2%\u3002[80]\u5176\u4e2d\u7ea6\u6709\u4e00\u534a\u7684\u7535\u529b\u662f\u901a\u8fc7\u5316\u77f3\u71c3\u6599\u4ea7\u751f\u7684\u3002[81]\u6b64\u5916\uff0c\u6316\u77ff\u786c\u4ef6\u7684\u77ed\u5bff\u547d\u5bfc\u81f4\u4ea7\u751f\u4e86\u7535\u5b50\u5783\u573e\u3002[82]\u6d88\u8017\u7684\u7535\u80fd\u548c\u4ea7\u751f\u7684\u7535\u5b50\u5783\u573e\u5206\u522b\u76f8\u5f53\u4e8e\u5e0c\u814a\u548c\u8377\u5170\u7684\u6c34\u5e73\u3002[82][80]<\/p>\n\n\n\n<p>2021\u5e7410\u6708\uff0c\u82f1\u56fd\u5251\u6865\u5927\u5b66\u53e6\u7c7b\u91d1\u878d\u7814\u7a76\u4e2d\u5fc3\u516c\u5e03\u7684\u6570\u636e\u663e\u793a\uff0c\u7f8e\u56fd\u5df2\u7ecf\u8d85\u8fc7\u4e2d\u56fd\uff0c\u6210\u4e3a\u4e16\u754c\u4e0a\u6700\u5927\u7684\u6bd4\u7279\u5e01\u5f00\u91c7\u56fd\u3002\u6570\u636e\u663e\u793a\uff0c\u4e2d\u56fd\u5728\u8fde\u63a5\u5230\u5168\u7403\u6bd4\u7279\u5e01\u7f51\u7edc\u7684\u8ba1\u7b97\u673a\u8fd0\u7b97\u529b\u4e2d\u7684\u4efd\u989d\uff0c\u5373\u6240\u8c13\u7684\u201c\u54c8\u5e0c\u7387\u201d\uff0c\u5df2\u7ecf\u4ece5\u6708\u4efd\u768444%\u4e0b\u964d\u52307\u6708\u4efd\u76840%\uff0c\u800c\u57282019\u5e74\u66fe\u9ad8\u8fbe75%\u3002\u5176\u4ed6\u5730\u65b9\u7684\u77ff\u5de5\u5219\u662f\u5df2\u7ecf\u586b\u8865\u4e2d\u56fd\u7a7a\u7f3a\uff0c\u91c7\u77ff\u8bbe\u5907\u5236\u9020\u5546\u5c06\u6ce8\u610f\u529b\u8f6c\u79fb\u5230\u5317\u7f8e\u548c\u4e2d\u4e9a\uff0c\u4e2d\u56fd\u8f83\u5927\u7684\u77ff\u5de5\u4e5f\u5728\u8f6c\u79fb\uff0c\u5c3d\u7ba1\u8fd9\u4e2a\u8fc7\u7a0b\u5145\u6ee1\u4e86\u7269\u6d41\u65b9\u9762\u7684\u56f0\u96be\u3002\u6570\u636e\u663e\u793a\uff0c\u7f8e\u56fd\u76ee\u524d\u6316\u77ff\u4efd\u989d\u5c45\u5168\u7403\u4e4b\u51a0\uff0c\u622a\u81f38\u6708\u5e95\uff0c\u7ea6\u5360\u5168\u7403\u54c8\u5e0c\u7387\u768435.4%\uff0c\u5176\u6b21\u662f\u54c8\u8428\u514b\u65af\u5766\u548c\u4fc4\u7f57\u65af<sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-64\">[59]<\/a><\/sup>\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"Privacy_and_fungibility\">2.4 \u9690\u79c1\u4e0e\u53ef\u4e92\u6362\u6027 | Privacy and fungibility<\/h3>\n\n\n\n<p>Bitcoin is <a href=\"https:\/\/en.wikipedia.org\/wiki\/Pseudonym\">pseudonymous<\/a>, with funds linked to addresses, not real-world identities. While the owners of these addresses are not directly identified, all transactions are public on the blockchain. Patterns of use, like spending coins from multiple inputs, can hint at a common owner. Public data can sometimes be matched with known address owners.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-85\">[83]<\/a><\/sup> <a href=\"https:\/\/en.wikipedia.org\/wiki\/List_of_bitcoin_companies\">Bitcoin exchanges<\/a> might also need to collect personal data as per legal requirements.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-86\">[84]<\/a><\/sup> For enhanced <a href=\"https:\/\/en.wikipedia.org\/wiki\/Privacy_and_blockchain\">privacy<\/a>, users can generate a new address for each transaction.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-87\">[85]<\/a><\/sup><br>\u3010\u53c2\u8003\u8bd1\u6587\u3011\u6bd4\u7279\u5e01\u5177\u6709\u5047\u540d\u6027\uff0c\u8d44\u91d1\u4e0e\u5730\u5740\u76f8\u5173\u8054\uff0c\u800c\u975e\u4e0e\u73b0\u5b9e\u4e16\u754c\u7684\u8eab\u4efd\u76f8\u5173\u8054\u3002\u867d\u7136\u8fd9\u4e9b\u5730\u5740\u7684\u6240\u6709\u8005\u4e0d\u4f1a\u76f4\u63a5\u88ab\u8bc6\u522b\uff0c\u4f46\u6240\u6709\u4ea4\u6613\u90fd\u5728\u533a\u5757\u94fe\u4e0a\u662f\u516c\u5f00\u7684\u3002\u4f7f\u7528\u6a21\u5f0f\uff0c\u5982\u4ece\u591a\u4e2a\u8f93\u5165\u4e2d\u82b1\u8d39\u786c\u5e01\uff0c\u53ef\u80fd\u6697\u793a\u6709\u4e00\u4e2a\u5171\u540c\u7684\u6240\u6709\u8005\u3002\u6709\u65f6\uff0c\u516c\u5f00\u6570\u636e\u53ef\u4ee5\u4e0e\u5df2\u77e5\u7684\u5730\u5740\u6240\u6709\u8005\u76f8\u5339\u914d\u3002[83]\u6bd4\u7279\u5e01\u4ea4\u6613\u6240\u4e5f\u53ef\u80fd\u9700\u8981\u6839\u636e\u6cd5\u5f8b\u8981\u6c42\u6536\u96c6\u4e2a\u4eba\u6570\u636e\u3002[84]\u4e3a\u4e86\u589e\u5f3a\u9690\u79c1\uff0c\u7528\u6237\u53ef\u4ee5\u4e3a\u6bcf\u7b14\u4ea4\u6613\u751f\u6210\u4e00\u4e2a\u65b0\u5730\u5740\u3002[85]<\/p>\n\n\n\n<p>In the bitcoin network, each bitcoin is treated equally, ensuring basic <a href=\"https:\/\/en.wikipedia.org\/wiki\/Fungibility\">fungibility<\/a>. However, users and applications can choose to differentiate between bitcoins. While wallets and software treat all bitcoins the same, each bitcoin&#8217;s transaction history is recorded on the blockchain. This public record allows for <a href=\"https:\/\/en.wikipedia.org\/wiki\/Blockchain_analysis\">chain analysis<\/a>, where users can identify and potentially reject bitcoins from controversial sources.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-88\">[86]<\/a><\/sup> For example, in 2012, Mt. Gox froze accounts containing bitcoins identified as stolen.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-89\">[87]<\/a><\/sup><br>\u3010\u53c2\u8003\u8bd1\u6587\u3011\u5728\u6bd4\u7279\u5e01\u7f51\u7edc\u4e2d\uff0c\u6bcf\u4e2a\u6bd4\u7279\u5e01\u90fd\u88ab\u5e73\u7b49\u5bf9\u5f85\uff0c\u786e\u4fdd\u4e86\u57fa\u672c\u7684\u53ef\u4e92\u6362\u6027\u3002\u7136\u800c\uff0c\u7528\u6237\u548c\u5e94\u7528\u7a0b\u5e8f\u53ef\u4ee5\u9009\u62e9\u5bf9\u6bd4\u7279\u5e01\u8fdb\u884c\u533a\u5206\u3002\u867d\u7136\u94b1\u5305\u548c\u8f6f\u4ef6\u5c06\u6240\u6709\u6bd4\u7279\u5e01\u89c6\u4e3a\u76f8\u540c\uff0c\u4f46\u6bcf\u4e2a\u6bd4\u7279\u5e01\u7684\u4ea4\u6613\u5386\u53f2\u90fd\u8bb0\u5f55\u5728\u533a\u5757\u94fe\u4e0a\u3002\u8fd9\u4e00\u516c\u5f00\u8bb0\u5f55\u5141\u8bb8\u8fdb\u884c\u94fe\u4e0a\u5206\u6790\uff0c\u7528\u6237\u53ef\u4ee5\u901a\u8fc7\u8fd9\u79cd\u65b9\u5f0f\u8bc6\u522b\u548c\u53ef\u80fd\u62d2\u7edd\u6765\u81ea\u6709\u4e89\u8bae\u6765\u6e90\u7684\u6bd4\u7279\u5e01\u3002[86]\u4f8b\u5982\uff0c\u57282012\u5e74\uff0cMt. Gox\u51bb\u7ed3\u4e86\u5305\u542b\u88ab\u8bc6\u522b\u4e3a\u88ab\u76d7\u6bd4\u7279\u5e01\u7684\u8d26\u6237\u3002[87]<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"Wallets\">2.5 \u94b1\u5305 | Wallets<\/h3>\n\n\n\n<p><em>For broader coverage of this topic, see <a href=\"https:\/\/en.wikipedia.org\/wiki\/Cryptocurrency_wallet\">Cryptocurrency wallet<\/a>.<br>\u3010\u8981\u4e86\u89e3\u6b64\u4e3b\u9898\u7684\u66f4\u591a\u4fe1\u606f\uff0c\u8bf7\u53c2\u9605\u201c\u52a0\u5bc6\u8d27\u5e01\u94b1\u5305\u201d\u3002\u3011<\/em><\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.zhihu.com\/pin\/1854903621818400771\">\u56fe2-1\u81f32-3\uff08\u53d1\u5e03\u4e8e\u77e5\u4e4e\u60f3\u6cd5\uff09<\/a><\/div>\n<\/div>\n\n\n\n<p>\u6bd4\u7279\u5e01\u94b1\u5305\u7528\u6237\u53ef\u4ee5\u68c0\u67e5\u3001\u5b58\u50a8\u3001\u82b1\u8d39\u5176\u6301\u6709\u7684\u6bd4\u7279\u5e01\uff0c\u5176\u5f62\u5f0f\u591a\u79cd\u591a\u6837\uff0c\u529f\u80fd\u53ef\u7e41\u53ef\u7b80\uff0c\u5b83\u53ef\u4ee5\u662f\u9075\u5b88\u6bd4\u7279\u5e01\u534f\u8bae\u8fd0\u884c\u7684\u5404\u79cd\u5de5\u5177\uff0c\u5982\u7535\u8111\u5ba2\u6237\u7aef\u3001\u624b\u673a\u5ba2\u6237\u7aef\u3001\u7f51\u7ad9\u670d\u52a1\u3001\u4e13\u7528\u8bbe\u5907\uff0c\u4e5f\u53ef\u4ee5\u53ea\u662f\u5b58\u50a8\u7740\u6bd4\u7279\u5e01\u79c1\u94a5\u7684\u4ecb\u8d28\uff0c\u5982\u4e00\u5f20\u7eb8\u3001\u4e00\u6bb5\u6697\u53f7\u3001\u4e00\u4e2a\u5feb\u95eaU\u76d8\u3001\u4e00\u4e2a\u6587\u672c\u6587\u6863\uff0c\u56e0\u4e3a\u53ea\u8981\u638c\u63e1\u6bd4\u7279\u5e01\u7684\u79c1\u94a5\uff0c\u5c31\u53ef\u4ee5\u5904\u7f6e\u5176\u5bf9\u5e94\u5730\u5740\u4e2d\u5305\u542b\u7684\u6bd4\u7279\u5e01\u3002\u6bd4\u7279\u5e01\u65e0\u6cd5\u5b58\u5165\u4e00\u822c\u7684\u94f6\u884c\u8d26\u6237\uff0c\u4ea4\u6613\u53ea\u80fd\u5728\u6bd4\u7279\u5e01\u7f51\u7edc\u4e0a\u8fdb\u884c\uff0c\u4f7f\u7528\u524d\u9700\u4e0b\u8f7d\u5ba2\u6237\u7aef\u6216\u63a5\u5165\u7ebf\u4e0a\u7f51\u7edc<sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-\u6bd4\u521d-47\">[42]<\/a><\/sup>\u3002<\/p>\n\n\n\n<p>Bitcoin wallets were the first <a href=\"https:\/\/en.wikipedia.org\/wiki\/Cryptocurrency_wallet\">cryptocurrency wallets<\/a>, enabling users to store the information necessary to transact bitcoins.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-90\">[88]<\/a><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-Antonopoulos2014-9\">[7]<\/a>:\u200ach. 1, glossary\u200a<\/sup> The first wallet program, simply named <em>Bitcoin<\/em>, and sometimes referred to as the <em>Satoshi client<\/em>, was released in 2009 by Nakamoto as <a href=\"https:\/\/en.wikipedia.org\/wiki\/Open-source_software\">open-source software<\/a>.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-NY2011-8\">[6]<\/a><\/sup> <a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin_Core\">Bitcoin Core<\/a> is among the best known <a href=\"https:\/\/en.wikipedia.org\/wiki\/Client_(computing)\">clients<\/a>. <a href=\"https:\/\/en.wikipedia.org\/wiki\/Fork_(software_development)\">Forks<\/a> of Bitcoin Core exist such as <a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin_Unlimited\">Bitcoin Unlimited<\/a>.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-91\">[89]<\/a><\/sup> Wallets can be full clients, with a full copy of the blockchain to check the validity of mined blocks,<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-Antonopoulos2014-9\">[7]<\/a>:\u200ach. 1\u200a<\/sup> or lightweight clients, just to send and receive transactions without a local copy of the entire blockchain.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-92\">[90]<\/a><\/sup> Third-party internet services called online wallets store users&#8217; credentials on their servers, making them susceptible of hacks.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-93\">[91]<\/a><\/sup> Cold storage protects bitcoins from such hacks by keeping private keys offline, either through specialized hardware wallets or paper printouts.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-94\">[92]<\/a><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-Antonopoulos2014-9\">[7]<\/a>:\u200ach. 4\u200a<\/sup><br>\u3010\u53c2\u8003\u8bd1\u6587\u3011\u6bd4\u7279\u5e01\u94b1\u5305\u662f\u6700\u65e9\u7684\u52a0\u5bc6\u8d27\u5e01\u94b1\u5305\uff0c\u4f7f\u7528\u6237\u80fd\u591f\u5b58\u50a8\u8fdb\u884c\u6bd4\u7279\u5e01\u4ea4\u6613\u6240\u9700\u7684\u4fe1\u606f\u3002[88][7]\uff1a\u7b2c1\u7ae0\uff0c\u672f\u8bed\u8868\u3002\u7b2c\u4e00\u4e2a\u94b1\u5305\u7a0b\u5e8f\u7b80\u5355\u5730\u547d\u540d\u4e3a\u201c\u6bd4\u7279\u5e01\u201d\uff0c\u6709\u65f6\u4e5f\u88ab\u79f0\u4e3a\u201c\u4e2d\u672c\u806a\u5ba2\u6237\u7aef\u201d\uff0c\u7531\u4e2d\u672c\u806a\u4e8e2009\u5e74\u4f5c\u4e3a\u5f00\u6e90\u8f6f\u4ef6\u53d1\u5e03\u3002[6]\u6bd4\u7279\u5e01\u6838\u5fc3\uff08Bitcoin Core\uff09\u662f\u6700\u8457\u540d\u7684\u5ba2\u6237\u7aef\u4e4b\u4e00\u3002\u6bd4\u7279\u5e01\u6838\u5fc3\u5b58\u5728\u5206\u53c9\u7248\u672c\uff0c\u5982\u6bd4\u7279\u5e01\u65e0\u9650\uff08Bitcoin Unlimited\uff09\u3002[89]\u94b1\u5305\u53ef\u4ee5\u662f\u5168\u8282\u70b9\u5ba2\u6237\u7aef\uff0c\u62e5\u6709\u533a\u5757\u94fe\u7684\u5b8c\u6574\u526f\u672c\u4ee5\u68c0\u67e5\u6316\u6398\u51fa\u7684\u533a\u5757\u7684\u6709\u6548\u6027\uff0c[7]\uff1a\u7b2c1\u7ae0\uff1b\u4e5f\u53ef\u4ee5\u662f\u8f7b\u91cf\u7ea7\u5ba2\u6237\u7aef\uff0c\u4ec5\u7528\u4e8e\u53d1\u9001\u548c\u63a5\u6536\u4ea4\u6613\uff0c\u800c\u65e0\u9700\u672c\u5730\u4fdd\u5b58\u6574\u4e2a\u533a\u5757\u94fe\u7684\u526f\u672c\u3002[90]\u88ab\u79f0\u4e3a\u5728\u7ebf\u94b1\u5305\u7684\u7b2c\u4e09\u65b9\u4e92\u8054\u7f51\u670d\u52a1\u4f1a\u5728\u5176\u670d\u52a1\u5668\u4e0a\u5b58\u50a8\u7528\u6237\u7684\u51ed\u8bc1\uff0c\u8fd9\u4f7f\u5b83\u4eec\u5bb9\u6613\u53d7\u5230\u9ed1\u5ba2\u653b\u51fb\u3002[91]\u51b7\u5b58\u50a8\u901a\u8fc7\u5c06\u79c1\u94a5\u79bb\u7ebf\u4fdd\u5b58\uff08\u901a\u8fc7\u4e13\u7528\u7684\u786c\u4ef6\u94b1\u5305\u6216\u7eb8\u8d28\u6253\u5370\u4ef6\uff09\u6765\u4fdd\u62a4\u6bd4\u7279\u5e01\u514d\u53d7\u6b64\u7c7b\u9ed1\u5ba2\u653b\u51fb\u3002[92][7]\uff1a\u7b2c4\u7ae0<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"\u5ba2\u6237\u7aef\">2.5.1 \u5ba2\u6237\u7aef<\/h4>\n\n\n\n<p>\u6bd4\u7279\u5e01\u5ba2\u6237\u7aef\u6709\u5f88\u591a\uff0c\u4f46\u7edd\u5927\u591a\u6570\u5747\u57fa\u4e8eBitcoin QT\u4e3a\u539f\u578b\u5f00\u53d1\u3002<\/p>\n\n\n\n<h5 class=\"wp-block-heading\" id=\"Core\u5ba2\u6237\u7aef\">\uff081\uff09Core\u5ba2\u6237\u7aef<\/h5>\n\n\n\n<p>\u6bd4\u7279\u5e01\u6700\u521d\u5ba2\u6237\u7aef\u4e3aBitcoin QT\uff0c\u7531\u4e2d\u672c\u806a\u5f00\u53d1<sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-\u6bd4\u521d-47\">[42]<\/a><\/sup>\u3002Bitcoin QT\u4ece0.4.0\u7248\u672c\u5f00\u59cb\uff0c\u652f\u6301\u94b1\u5305\u6863\u52a0\u5bc6\u5b58\u50a8\u3002\u52a0\u5bc6\u7684\u94b1\u5305\u5728\u6bcf\u6b21\u4ed8\u6b3e\u7684\u65f6\u5019\uff0c\u90fd\u5fc5\u987b\u8f93\u5165\u5bc6\u7801\u3002\u4f46\u5982\u679c\u7528\u52a0\u5bc6\u4e4b\u524d\u5907\u4efd\u7684\u94b1\u5305\u6587\u4ef6\uff08wallet.dat\uff09\u66ff\u6362\u56de\u6765\uff0c\u8fd8\u662f\u53ef\u4ee5\u6b63\u5e38\u4ea4\u6613\u3002\u8003\u8651\u5230\u6bd4\u7279\u5e01\u7684\u539f\u7406\u53ef\u5f97\u51fa\uff0c\u638c\u63e1\u79c1\u5bc6\u5bc6\u94a5\uff08\u79c1\u94a5\uff09\u5373\u62e5\u6709\u5bf9\u76f8\u5e94\u5730\u5740\u4e2d\u6bd4\u7279\u5e01\u7684\u5904\u7f6e\u6743\uff0c\u4e0d\u7ba1\u5bf9\u94b1\u5305\u6587\u4ef6\uff08\u5185\u5bb9\u5305\u62ec\u5404\u4e2a\u5730\u5740\u5bf9\u5e94\u7684\u79c1\u94a5\uff09\u662f\u8fdb\u884c\u4e86\u52a0\u5bc6\u8fd8\u662f\u5220\u9664\uff0c\u90fd\u4e0d\u80fd\u5426\u5b9a\u5b83\u3002<\/p>\n\n\n\n<h5 class=\"wp-block-heading\" id=\"\u5176\u4ed6\u5ba2\u6237\u7aef\">\uff082\uff09\u5176\u4ed6\u5ba2\u6237\u7aef<\/h5>\n\n\n\n<p>\u5176\u4ed6\u5ba2\u6237\u7aef\u90fd\u662f\u4ee5Bitcoin QT\u4e3a\u539f\u578b\u5f00\u53d1\u7684\u3002\u901a\u5e38\u652f\u6301\u4e91\u5b58\u50a8\u533a\u5757\uff0c\u4ee5\u907f\u514d\u7528\u6237\u82b1\u8d39\u5927\u91cf\u65f6\u95f4\u548c\u78c1\u76d8\u7a7a\u95f4\u4e0b\u8f7d\u65e7\u4ea4\u6613\u4fe1\u606f\u3002\u5e76\u4e14\u5404\u81ea\u63d0\u4f9b\u9ad8\u7ea7\u529f\u80fd\u3002\u5982Armory\u3001Electrum\u548cMultiBit\u7b49\u3002\u6b64\u4e09\u8005\u7279\u70b9\u5982\u4e0b\uff1a<sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-\u6bd4\u521d-47\">[42]<\/a><\/sup><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Armory\n<ul class=\"wp-block-list\">\n<li>\u652f\u6301\u5c06\u94b1\u5305\u6863\u79bb\u7ebf\u4fdd\u5b58\uff0c\u5728\u7ebf\u5ba2\u6237\u7aef\u9700\u82b1\u8d39\u6bd4\u7279\u5e01\u65f6\uff0c\u9700\u4f7f\u7528\u79bb\u7ebf\u94b1\u5305\u7b7e\u540d\uff0c\u518d\u901a\u8fc7\u5728\u7ebf\u5ba2\u6237\u7aef\u5e7f\u64ad\uff0c\u63d0\u9ad8\u4e86\u5b89\u5168\u6027<\/li>\n\n\n\n<li>\u652f\u6301\u8fd0\u884c\u591a\u4e2a\u4e0d\u540c\u7684\u94b1\u5305<\/li>\n\n\n\n<li>\u652f\u6301\u6253\u5370\u6bd4\u7279\u5e01\u5bc6\u94a5\uff0c\u65b9\u4fbf\u7eb8\u4e0a\u5907\u4efd<\/li>\n\n\n\n<li>\u4f7f\u7528\u8be5\u8f6f\u4ef6\u9700\u5b89\u88c5Bitcoin QT<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Electrum\n<ul class=\"wp-block-list\">\n<li>\u65e0\u9700\u4e0b\u8f7d\u5b8c\u6574\u7684\u7a0b\u5e8f\uff0c\u4f7f\u7528\u8fdc\u7a0b\u670d\u52a1\u5668\u4e0a\u7684\u533a\u5757\u94fe\u7684\u526f\u672c\u5373\u53ef\u5b9e\u73b0\u5927\u90e8\u5206\u529f\u80fd<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>MultiBit\n<ul class=\"wp-block-list\">\n<li>\u8f7b\u91cf\u7ea7<\/li>\n\n\n\n<li>\u65e0\u9700\u4e0b\u8f7d\u5b8c\u6574\u7a0b\u5e8f<\/li>\n\n\n\n<li>\u652f\u6301\u591a\u56fd\u8bed\u8a00<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<p>\u6bd4\u7279\u5e01\u4e5f\u6709\u8fd0\u884c\u5728\u667a\u80fd\u624b\u673a\u4e0a\u7684\u5ba2\u6237\u7aef\u3002<\/p>\n\n\n\n<h5 class=\"wp-block-heading\" id=\"\u786c\u9ad4\u9322\u5305\">\uff083\uff09\u786c\u4ef6\u94b1\u5305<\/h5>\n\n\n\n<p>\u786c\u4ef6\u94b1\u5305\u662f\u4e13\u95e8\u5904\u7406\u6bd4\u7279\u5e01\u7684\u667a\u80fd\u8bbe\u5907\uff0c\u4f8b\u5982\u53ea\u5b89\u88c5\u4e86\u6bd4\u7279\u5e01\u5ba2\u6237\u7aef\u4e0e\u8054\u7f51\u529f\u80fd\u7684\u6811\u8393\u6d3e\u3002\u7531\u4e8e\u4e0d\u63a5\u5165\u4e92\u8054\u7f51\uff0c\u56e0\u6b64\u786c\u4ef6\u94b1\u5305\u901a\u5e38\u53ef\u4ee5\u63d0\u4f9b\u66f4\u591a\u7684\u5b89\u5168\u4fdd\u969c\u63aa\u65bd\u3002<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"\u7dda\u4e0a\u9322\u5305\u670d\u52d9\">2.5.2 \u5728\u7ebf\u94b1\u5305\u670d\u52a1<\/h4>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.zhihu.com\/pin\/1854904883720896513\">\u56fe2-4\u548c2-5\uff08\u53d1\u5e03\u4e8e\u77e5\u4e4e\u60f3\u6cd5\uff09<\/a><\/div>\n<\/div>\n\n\n\n<p>\u5728\u7ebf\u94b1\u5305\u670d\u52a1\u53ef\u4ee5\u8ba9\u7528\u6237\u5728\u4efb\u4f55\u6d4f\u89c8\u5668\u548c\u79fb\u52a8\u8bbe\u5907\u4e0a\u4f7f\u7528\u6bd4\u7279\u5e01\uff0c\u901a\u5e38\u5b83\u8fd8\u63d0\u4f9b\u4e00\u4e9b\u989d\u5916\u529f\u80fd\uff0c\u4f7f\u7528\u6237\u5bf9\u4f7f\u7528\u6bd4\u7279\u5e01\u65f6\u66f4\u52a0\u65b9\u4fbf\u3002\u4f46\u9009\u62e9\u5728\u7ebf\u94b1\u5305\u670d\u52a1\u65f6\u5fc5\u987b\u614e\u91cd\uff0c\u56e0\u4e3a\u5176\u5b89\u5168\u6027\u53d7\u5230\u670d\u52a1\u5546\u7684\u5f71\u54cd\u3002<\/p>\n\n\n\n<p>\u7ebf\u4e0a\u94b1\u5305\u670d\u52a1\u6709\u201c\u533a\u5757\u94fe\u4e0a\u201d\uff08on-chain\uff09\u4e0e\u201c\u533a\u5757\u94fe\u5916\u201d\uff08off-chain\uff09\u7684\u533a\u522b\uff1a\u94fe\u4e0a\u94b1\u5305\u670d\u52a1\u5546\u5e2e\u52a9\u7528\u6237\u4fdd\u7ba1\u52a0\u5bc6\u540e\u7684\u79c1\u94a5\uff0c\u7528\u6237\u7684\u6bd4\u7279\u5e01\u4f59\u989d\u53ef\u4ee5\u5728\u533a\u5757\u94fe\u4e0a\u67e5\u8be2\u5230\uff0c\u7c7b\u4f3c\u4e3a\u6bcf\u4f4d\u7528\u6237\u51c6\u5907\u4e00\u4e2a\u72ec\u7acb\u7684\u4fdd\u9669\u7bb1\uff1b\u94fe\u5916\u94b1\u5305\u670d\u52a1\u5546\u5e2e\u52a9\u7528\u6237\u4fdd\u7ba1\u6bd4\u7279\u5e01\u672c\u8eab\uff0c\u76f8\u5f53\u4e8e\u628a\u7528\u6237\u8d44\u91d1\u653e\u5728\u81ea\u5df1\u7684\u91d1\u5e93\u4e2d\uff0c\u7ed9\u7528\u6237\u63d0\u4f9b\u5b58\u6b3e\u8bc1\u660e\u3002<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"\u96e2\u7dda\u9322\u5305\">2.5.3 \u79bb\u7ebf\u94b1\u5305<\/h4>\n\n\n\n<p>\u6bd4\u7279\u5e01\u6700\u9700\u8981\u4fdd\u62a4\u7684\u6838\u5fc3\u90e8\u5206\u662f\u79c1\u94a5\uff0c\u56e0\u4e3a\u7528\u6237\u662f\u4ee5\u79c1\u94a5\u6765\u8bc1\u660e\u6240\u6709\u6743\uff0c\u5e76\u4ee5\u6b64\u4f7f\u7528\u6bd4\u7279\u5e01\uff0c\u5b58\u50a8\u79c1\u5bc6\u5bc6\u94a5\u7684\u4ecb\u8d28\u4e5f\u53ef\u4ee5\u79f0\u4e3a\u94b1\u5305\uff0c\u5f53\u94b1\u5305\u4e22\u5931\u3001\u635f\u6bc1\u65f6\uff0c\u4e3a\u6bd4\u7279\u5e01\u4e22\u5931\uff0c\u79bb\u7ebf\u94b1\u5305\u53ef\u4ee5\u662f<strong>\u7eb8\u94b1\u5305\u3001\u8111\u94b1\u5305\u3001\u51b7\u94b1\u5305\u3001\u8f7b\u91cf\u94b1\u5305<\/strong>\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u7eb8\u94b1\u5305\uff1a\u628a\u79c1\u94a5\u6253\u5370\u5728\u7eb8\u4e0a\u5b58\u653e\uff0c\u518d\u5220\u9664\u7535\u8111\u4e0a\u7684\u94b1\u5305\u6587\u4ef6\uff0c\u5b9e\u73b0\u94b1\u5305\u7684\u7f51\u7edc\u9694\u79bb\u3002<\/li>\n\n\n\n<li>\u8111\u94b1\u5305\uff1a\u7528\u6237\u53ef\u81ea\u884c\u8bbe\u7f6e\u5bc6\u7801\uff0c\u5e76\u4ee5\u6b64\u8fdb\u884c\u6563\u5217\u8fd0\u7b97\uff0c\u751f\u6210\u5bf9\u5e94\u7684\u79c1\u94a5\u4e0e\u5730\u5740\uff0c\u4ee5\u540e\u53ea\u9700\u8bb0\u4f4f\u8fd9\u4e2a\u5bc6\u7801\u5373\u53ef\u4f7f\u7528\u5176\u4e2d\u7684\u6bd4\u7279\u5e01\u3002<\/li>\n\n\n\n<li>\u51b7\u94b1\u5305\uff1a\u6307\u5728\u4e00\u53f0\u4e0d\u8054\u7f51\u7684\u7535\u8111\u4e0a\u968f\u673a\u751f\u6210\u6bd4\u7279\u5e01\u7684\u5730\u5740\u548c\u79c1\u94a5\uff0c\u5e76\u4e14\u5728\u4eca\u540e\u7684\u4f7f\u7528\u4e2d\u4e5f\u4e0d\u8fde\u63a5\u4e92\u8054\u7f51\uff0c\u800c\u53ea\u901a\u8fc7\u4e8c\u7ef4\u7801\u6216U\u76d8\u6765\u53d1\u9001\u76f8\u5173\u4ea4\u6613\u7684\u7535\u5b50\u7b7e\u540d\u3002<sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-48\">[43]<\/a><\/sup><\/li>\n\n\n\n<li>\u8f7b\u91cf\u94b1\u5305\uff1a\u6307\u65e0\u9700\u540c\u6b65\u533a\u5757\u94fe\u7684\u6bd4\u7279\u5e01\u94b1\u5305\uff0c\u8f7b\u91cf\u94b1\u5305\u76f8\u5bf9\u5728\u7ebf\u94b1\u5305\u7684\u4f18\u70b9\u662f\u4e0d\u4f1a\u56e0\u4e3a\u5728\u7ebf\u94b1\u5305\u7f51\u7ad9\u7684\u95ee\u9898\u800c\u4e22\u5931\u6bd4\u7279\u5e01\uff0c\u7f3a\u70b9\u662f\u53ea\u80fd\u5728\u5df2\u5b89\u88c5\u8f7b\u91cf\u94b1\u5305\u7684\u7535\u8111\u6216\u624b\u673a\u4e0a\u4f7f\u7528\uff0c\u4fbf\u6377\u6027\u4e0a\u7565\u5dee\u3002<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"Scalability_and_decentralization_challenges\">2.6 \u53ef\u6269\u5c55\u6027\u548c\u53bb\u4e2d\u5fc3\u5316\u6311\u6218 | Scalability and decentralization challenges<\/h3>\n\n\n\n<p>Nakamoto limited the block size to one <a href=\"https:\/\/en.wikipedia.org\/wiki\/Megabyte\">megabyte<\/a>.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-95\">[93]<\/a><\/sup> The limited block size and frequency can lead to delayed processing of transactions, increased fees and a <a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin_scalability_problem\">bitcoin scalability problem<\/a>.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-96\">[94]<\/a><\/sup> The <a href=\"https:\/\/en.wikipedia.org\/wiki\/Lightning_Network\">Lightning Network<\/a>, <a href=\"https:\/\/en.wikipedia.org\/wiki\/Abstraction_layer\">second-layer<\/a> <a href=\"https:\/\/en.wikipedia.org\/wiki\/Routing\">routing<\/a> network, is a potential scaling solution.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-Antonopoulos2014-9\">[7]<\/a>:\u200ach. 8\u200a<\/sup><br>\u3010\u53c2\u8003\u8bd1\u6587\u3011\u4e2d\u672c\u806a\u5c06\u533a\u5757\u5927\u5c0f\u9650\u5236\u4e3a\u4e00\u5146\u5b57\u8282\u3002[93]\u6709\u9650\u7684\u533a\u5757\u5927\u5c0f\u548c\u9891\u7387\u53ef\u80fd\u5bfc\u81f4\u4ea4\u6613\u5904\u7406\u5ef6\u8fdf\u3001\u8d39\u7528\u589e\u52a0\u4ee5\u53ca\u6bd4\u7279\u5e01\u7684\u53ef\u6269\u5c55\u6027\u95ee\u9898\u3002[94]\u95ea\u7535\u7f51\u7edc\uff08Lightning Network\uff09\uff0c\u5373\u7b2c\u4e8c\u5c42\u8def\u7531\u7f51\u7edc\uff0c\u662f\u4e00\u79cd\u6f5c\u5728\u7684\u6269\u5c55\u89e3\u51b3\u65b9\u6848\u3002[7]\uff1a\u7b2c8\u7ae0<\/p>\n\n\n\n<p>Research shows a trend towards centralization in bitcoin as miners join <a href=\"https:\/\/en.wikipedia.org\/wiki\/Mining_pool\">pools<\/a> for stable income.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-JEP-26\">[24]<\/a>:\u200a215,\u200a219\u2013222\u200a<a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-97\">[95]<\/a>:\u200a3\u200a<\/sup> If a single miner or pool controls more than 50% of the <a href=\"https:\/\/en.wikipedia.org\/wiki\/Hashrate\">hashing power<\/a>, it would allow them to censor transactions and double-spend coins.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-Gervais2014-66\">[64]<\/a><\/sup> In 2014, mining pool <a href=\"https:\/\/en.wikipedia.org\/wiki\/Ghash.io\">Ghash.io<\/a> reached 51% mining power, causing safety concerns, but later voluntarily capped its power at 39.99% for the benefit of the whole network.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-98\">[96]<\/a><\/sup> A few entities also dominate other parts of the ecosystem such as the client software, online wallets, and simplified payment verification (SPV) clients.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin#cite_note-Gervais2014-66\">[64]<\/a><\/sup><br>\u3010\u53c2\u8003\u8bd1\u6587\u3011\u7814\u7a76\u8868\u660e\uff0c\u968f\u7740\u77ff\u5de5\u4e3a\u4e86\u7a33\u5b9a\u6536\u5165\u800c\u52a0\u5165\u77ff\u6c60\uff0c\u6bd4\u7279\u5e01\u5448\u73b0\u51fa\u4e00\u79cd\u5411\u4e2d\u5fc3\u5316\u53d1\u5c55\u7684\u8d8b\u52bf\u3002[24]\uff1a215, 219\u2013222[95]\uff1a3 \u5982\u679c\u4e00\u4e2a\u77ff\u5de5\u6216\u77ff\u6c60\u63a7\u5236\u4e86\u8d85\u8fc750%\u7684\u54c8\u5e0c\u7b97\u529b\uff0c\u90a3\u4e48\u4ed6\u4eec\u5c06\u80fd\u591f\u5ba1\u67e5\u4ea4\u6613\u5e76\u8fdb\u884c\u53cc\u91cd\u652f\u4ed8\u3002[64]2014\u5e74\uff0c\u77ff\u6c60Ghash.io\u7684\u7b97\u529b\u8fbe\u5230\u4e8651%\uff0c\u5f15\u53d1\u4e86\u4eba\u4eec\u5bf9\u5b89\u5168\u6027\u7684\u62c5\u5fe7\uff0c\u4f46\u540e\u6765\u4e3a\u4e86\u6574\u4e2a\u7f51\u7edc\u7684\u5229\u76ca\uff0c\u8be5\u77ff\u6c60\u81ea\u613f\u5c06\u5176\u7b97\u529b\u4e0a\u9650\u8bbe\u5b9a\u572839.99%\u3002[96]\u5c11\u6570\u5b9e\u4f53\u8fd8\u4e3b\u5bfc\u7740\u751f\u6001\u7cfb\u7edf\u7684\u5176\u4ed6\u90e8\u5206\uff0c\u5982\u5ba2\u6237\u7aef\u8f6f\u4ef6\u3001\u5728\u7ebf\u94b1\u5305\u548c\u7b80\u5316\u652f\u4ed8\u9a8c\u8bc1\uff08SPV\uff09\u5ba2\u6237\u7aef\u3002[64]<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"\u5730\u5740\u8207\u79c1\u5bc6\u91d1\u9470\">2.7 \u5730\u5740\u4e0e\u79c1\u5bc6\u5bc6\u94a5<\/h3>\n\n\n\n<p>\u6bd4\u7279\u5e01\u5728\u4ea7\u751f\u5730\u5740\u65f6\uff0c\u76f8\u5bf9\u5e94\u7684\u79c1\u5bc6\u5bc6\u94a5\u4e5f\u4f1a\u4e00\u8d77\u4ea7\u751f\uff0c\u5f7c\u6b64\u7684\u5173\u7cfb\u72b9\u5982\u94f6\u884c\u5b58\u6b3e\u7684\u8d26\u53f7\u548c\u5bc6\u7801\uff0c\u6709\u4e9b\u5728\u7ebf\u94b1\u5305\u7684\u79c1\u5bc6\u5bc6\u94a5\u662f\u5b58\u50a8\u5728\u4e91\u7aef\u7684\uff0c\u7528\u6237\u53ea\u80fd\u900f\u8fc7\u8be5\u5728\u7ebf\u94b1\u5305\u7684\u670d\u52a1\u4f7f\u7528\u6bd4\u7279\u5e01\u3002<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"\u5730\u5740\">2.7.1 \u5730\u5740<\/h4>\n\n\n\n<p>\u5730\u5740\u7528\u4e8e\u63a5\u6536\u6bd4\u7279\u5e01\uff0c\u529f\u80fd\u7c7b\u4f3c\u94f6\u884c\u7684\u5b58\u6b3e\u8d26\u53f7\uff0c\u4f46\u4e0d\u9700\u8981\u5b9e\u540d\u767b\u8bb0\u3002\u82e5\u53ea\u516c\u5f00\u5730\u5740\u4e0d\u5fc5\u62c5\u5fc3\u91cc\u9762\u7684\u6bd4\u7279\u5e01\u88ab\u76d7\u8d70\uff0c\u4e5f\u6ca1\u6709\u4efb\u4f55\u8eab\u4efd\u4fe1\u606f\uff0c\u4e5f\u53ef\u4ee5\u79bb\u7ebf\u4ea7\u751f\u3002\u6bd4\u7279\u5e01\u7684\u5730\u5740\u662f\u7531\u7528\u6237\u7684\u516c\u5f00\u5bc6\u94a5\u7ecf\u8fc7 <a href=\"https:\/\/zh.wikipedia.org\/wiki\/SHA-2\">SHA-256<\/a> \u6563\u5217\u8fd0\u7b97\u540e\uff0c\u518d\u901a\u8fc7 <a href=\"https:\/\/zh.wikipedia.org\/wiki\/RIPEMD-160\">RIPEMD-160<\/a> \u6563\u5217\u8fd0\u7b97\u800c\u5f97\uff0c\u5176\u957f\u5ea6\u56fa\u5b9a\u4e3a 160 \u4e2a\u6bd4\u7279\uff08bits\uff09\uff0c\u901a\u5e38\u4f1a\u5229\u7528 <a href=\"https:\/\/zh.wikipedia.org\/wiki\/Base58\">Base58<\/a> \u5c06\u4e4b\u7f16\u7801\u6210\u4e00\u4e32\u7531\u82f1\u6587\u5b57\u6bcd\u548c\u6570\u5b57\u6240\u7ec4\u6210\u7684\u5b57\u7b26\u4e32\uff0c\u4ee5\u65b9\u4fbf\u663e\u793a\u6216\u6563\u5e03\uff0c\u5176\u7279\u5f81\u662f\u7686\u4ee5\u201c<code>1<\/code>\u201d\u6216\u8005\u201c<code>3<\/code>\u201d\u5f00\u5934\uff0c\u9694\u79bb\u89c1\u8bc1\u5730\u5740\u5219\u4ee5\u201c<code>bc1q<\/code>\u201d\u4f5c\u4e3a\u5f00\u5934\uff0c\u4f20\u7edf\u6bd4\u7279\u5e01\u5730\u5740\u533a\u5206\u5927\u5c0f\u5199<sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-49\">[44]<\/a><\/sup>\uff0c\u4f46\u4e0d\u5305\u62ec\u201cIlO0\u201d\u7b49\u5b57\u7b26\uff0c\u201c1\u201d\u5f00\u5934\u7684\u5730\u5740\u957f26~34\u4f4d\uff0c\u201c3\u201d\u5f00\u5934\u7684\u5730\u5740\u957f34\u4f4d\uff0c\u4f8b\u5982&#8221;<code>1DwunA9otZZQyhkVvkLJ8DV1tuSwMF7r3v<\/code>&#8220;\uff0c\u5730\u5740\u4e5f\u53ef\u7f16\u7801\u6210\u5feb\u901f\u53cd\u5e94\u77e9\u9635\u7801(QR-Code)\u7684\u5f62\u5f0f\u8ba9\u79fb\u52a8\u8bbe\u5907\u80fd\u591f\u4fbf\u6377\u5730\u8bfb\u53d6\u590d\u5236 \u3002\u6bd4\u7279\u5e01\u5ba2\u6237\u7aef\u53ef\u4ee5\u79bb\u7ebf\u751f\u6210\u6bd4\u7279\u5e01\u5730\u5740<a href=\"https:\/\/github.com\/samr7\/vanitygen\">[2]<\/a>\uff08<a href=\"https:\/\/web.archive.org\/web\/20130824064347\/https:\/\/github.com\/samr7\/vanitygen\">\u9875\u9762\u5b58\u6863\u5907\u4efd<\/a>\uff0c\u5b58\u4e8e<a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E4%BA%92%E8%81%94%E7%BD%91%E6%A1%A3%E6%A1%88%E9%A6%86\">\u4e92\u8054\u7f51\u6863\u6848\u9986<\/a>\uff09 \u3002\u4e00\u4e2a\u4eba\u53ef\u4ee5\u751f\u6210\u5e76\u62e5\u6709\u8bb8\u591a\u6bd4\u7279\u5e01\u5730\u5740\uff0c\u5e76\u7528\u5728\u4e0d\u540c\u7684\u4ea4\u6613\u4e0a\uff0c\u800c\u4e14\u9664\u975e\u81ea\u5df1\u63ed\u9732\uff0c\u6216\u4e0e\u5176\u4ed6\u8d44\u6599\u94fe\u63a5\uff0c\u5426\u5219\u5916\u4eba\u65e0\u6cd5\u770b\u51fa\u5176\u4e2d\u7684\u5173\u7cfb\u3002\u53ef\u7528\u7684\u6bd4\u7279\u5e01\u5730\u5740\u6570\u91cf\u63a5\u8fd12<sup>161<\/sup>\u4e2a\u3002\u5f62\u8c61\u5730\u8bf4\uff0c\u5047\u5982\u5730\u7403\u4e0a\u7ea6\u67092<sup>63<\/sup>\u7c92\u6c99\uff0c<sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-\u4f30\u7b97\u6c99\u7684\u6578\u91cf-50\">[45]<\/a><\/sup>\u90a3\u4e48\u6bd4\u7279\u5e01\u5730\u5740\u603b\u6570\u8fdc\u8fdc\u8d85\u8fc7\u5730\u7403\u4e0a\u6240\u6709\u6c99\u5b50\u7684\u6570\u91cf\uff08\u5927\u7ea6\u662f\u6c99\u5b50\u6570\u76ee\u7684\u5e73\u65b9\u7684350\u4ebf\u500d\uff09\u3002<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"\u79c1\u5bc6\u91d1\u9470\">2.7.2 \u79c1\u5bc6\u5bc6\u94a5<\/h4>\n\n\n\n<p>\u6bd4\u7279\u5e01\u7684\u79c1\u5bc6\u5bc6\u94a5\uff08<a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E7%A7%81%E9%92%A5\">\u79c1\u94a5<\/a>\uff0cprivate key\uff09\uff0c\u4f5c\u7528\u76f8\u5f53\u4e8e<a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E9%87%91%E8%9E%8D%E5%8D%A1\">\u91d1\u878d\u5361<\/a>\u63d0\u6b3e\u6216\u6d88\u8d39\u7684\u5bc6\u7801\uff0c\u7528\u4e8e\u8bc1\u660e\u6bd4\u7279\u5e01\u7684\u6240\u6709\u6743\u3002\u62e5\u6709\u8005\u5fc5\u987b\u79c1\u5bc6\u5bc6\u94a5\u53ef\u4ee5\u7ed9\u4ea4\u6613\u6d88\u606f\uff08\u6700\u5e38\u89c1\u7684\uff0c\u82b1\u8d39\u6bd4\u7279\u5e01\u7684\u6d88\u606f\uff09\u7b7e\u540d\uff0c\u4ee5\u8bc1\u660e\u6d88\u606f\u7684\u53d1\u5e03\u8005\u662f\u76f8\u5e94\u5730\u5740\u7684\u6240\u6709\u8005\uff0c\u6ca1\u6709\u79c1\u94a5\uff0c\u5c31\u4e0d\u80fd\u7ed9\u6d88\u606f\u7b7e\u540d\uff0c\u4f5c\u4e3a\u4e0d\u8bb0\u540d\u8d27\u5e01\uff0c\u7f51\u7edc\u4e0a\u65e0\u6cd5\u8ba4\u5f97\u6240\u6709\u6743\u7684\u8bc1\u636e\uff0c\u4e5f\u5c31\u4e0d\u80fd\u4f7f\u7528\u6bd4\u7279\u5e01\uff0c\u4ea4\u6613\u65f6\u4ee5\u7f51\u7edc\u4f1a\u4ee5<a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E5%85%AC%E9%92%A5\">\u516c\u94a5<\/a>\u786e\u8ba4\uff0c\u638c\u63e1\u79c1\u5bc6\u5bc6\u94a5\u5c31\u7b49\u4e8e\u638c\u63e1\u5176\u5bf9\u5e94\u5730\u5740\u4e2d\u5b58\u653e\u7684\u6bd4\u7279\u5e01\u3002<\/p>\n\n\n\n<p>\u79c1\u5bc6\u5bc6\u94a5\u5fc5\u987b\u4fdd\u5bc6\u3001\u5426\u5219\u4efb\u4f55\u4eba\u53ea\u8981\u62e5\u6709\u67d0\u4e00\u5730\u5740\u7684\u79c1\u5bc6\u5bc6\u94a5\uff0c\u5373\u53ef\u4f7f\u7528\u5176\u4e2d\u7684\u6bd4\u7279\u5e01\u3002\u4e5f\u4e0d\u80fd\u4e22\u5931\uff0c\u800c\u4e14\u4e0d\u50cf\u91d1\u878d\u5361\u5bc6\u7801\u9057\u5fd8\u65f6\uff0c\u7528\u6237\u53ef\u4ee5\u6839\u636e\u5f53\u5730\u7684\u91d1\u878d\u89c4\u8303\uff0c\u643a\u5e26\u81ea\u5df1\u7684<a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E8%BA%AB%E5%88%86%E8%AD%89\">\u8eab\u4efd\u8bc1<\/a>\u4ef6\uff0c<sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-51\">[46]<\/a><\/sup>\u4eb2\u81ea\u524d\u5f80\u91d1\u878d\u673a\u6784\u636e\u70b9\uff0c\u529e\u7406\u5bc6\u7801\u91cd\u7f6e\u540e\u7ee7\u7eed\u4f7f\u7528\u539f\u6765\u7684\u8d26\u6237\uff0c\u4f46\u82e5\u6bd4\u7279\u5e01\u7684\u79c1\u94a5\u4e22\u5931\uff0c\u5c06\u5982\u540c\u5fd8\u8bb0\u4fdd\u9669\u7bb1\u7684\u5bc6\u7801\u800c\u65e0\u6cd5\u6b63\u5e38\u6253\u5f00\u53d6\u7528\u4fdd\u9669\u7bb1\u5185\u7684\u7269\u54c1\uff0c\u800c\u4e14\u6ca1\u6709\u65b9\u6cd5\u53ef\u4ee5\u91cd\u7f6e\uff08\u9664\u975e\u6709\u4e8b\u5148\u5907\u4efd\uff09\uff0c2013\u5e74\uff0c\u6709\u4e00\u4f4d\u82f1\u56fd\u7528\u6237\u56e0\u4e3a\u4e0d\u5c0f\u5fc3\u4e22\u5f03\u4e86\u5b58\u6709\u5176\u79c1\u5bc6\u5bc6\u94a5\u7684\u786c\u76d8\uff0c\u5bfc\u81f4\u91cc\u9762\u76847,500\u4e2a\u6bd4\u7279\u5e01\uff0c\u5f53\u65f6\u4ef7\u503c750\u4e07\u7f8e\u5143\uff0c\u65e0\u6cd5\u4f7f\u7528\u3002<sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-52\">[47]<\/a><\/sup>\uff0c\u9664\u975e\u79c1\u94a5\u88ab\u627e\u5230\uff0c\u5426\u5219\u8fd9\u4e9b\u6bd4\u7279\u5e01\u5c06\u6c38\u8fdc\u95f2\u7f6e\u5728\u533a\u5757\u94fe\u91cc\uff0c\u4e0d\u518d\u6d41\u901a\uff0c\u800c\u4f7f\u5f97\u6d41\u901a\u4e2d\u7684\u6bd4\u7279\u5e01\u51cf\u5c11\u3002<sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-53\">[48]<\/a><\/sup>\uff0c\u800c\u8981\u7834\u89e3\u79c1\u94a5\u7684\u96be\u5ea6\u5f88\u9ad8\uff0c\u8fd9\u662f\u5176\u4e2d\u4e00\u4e2a\u4f5c\u4e3a\u4e0d\u8bb0\u540d\u7684\u6bd4\u7279\u5e01\u7684\u4e3b\u8981\u5b89\u5168\u673a\u5236\u3002\u6839\u636e\u533a\u5757\u94fe\u4e1a\u8005Chainalysis\u7684\u4f30\u7b97\uff0c\u57282017\u5e74\u5e95\u65f6\uff0c\u7ea6\u670917%\u81f323%\uff0c278\u4e07\u4e2a\u5230379\u4e07\u4e2a\u7684\u6bd4\u7279\u5e01\u56e0\u4e3a\u79c1\u94a5\u4e22\u5931\u3001\u5bc6\u7801\u9057\u5fd8\u7b49\u539f\u56e0\uff0c\u800c\u6c38\u8fdc\u65e0\u6cd5\u4f7f\u7528\u4e0e\u8fdb\u5165\u6d41\u901a\u3002<\/p>\n\n\n\n<p>\u6bd4\u7279\u5e01\u79c1\u5bc6\u5bc6\u94a5\u901a\u5e38\u753151\u6bd4\u7279\u621652\u6bd4\u7279\u5b57\u7b26\u8868\u793a\uff0c\u5176\u7f16\u7801\u65b9\u5f0f\u4e0e\u6bd4\u7279\u5e01\u5730\u5740\u76f8\u4f3c\u300251\u6bd4\u7279\u6807\u8bb0\u6cd5\u7531\u6570\u5b57\u201c5\u201d\u5f00\u5934\uff0c52\u4f4d\u6807\u8bb0\u6cd5\u7531\u201cK\u201d\u6216\u201cL\u201d\u5f00\u5934\u3002\u6bd4\u7279\u5e01\u5730\u5740\u662f\u7531\u6bd4\u7279\u5e01\u516c\u5f00\u5bc6\u94a5\u8fdb\u884c\u6563\u5217\u8fd0\u7b97\u5f97\u51fa\u7684\uff0c\u516c\u5f00\u5bc6\u94a5\u662f\u53ef\u4ee5\u901a\u8fc7\u79c1\u5bc6\u5bc6\u94a5\u63a8\u7b97\u51fa\u7684\u3002\u6240\u4ee5\u638c\u63e1\u79c1\u5bc6\u5bc6\u94a5\u5c31\u53ef\u4ee5\u63a8\u7b97\u51fa\u79c1\u5bc6\u5bc6\u94a5\u5bf9\u5e94\u7684\u5730\u5740\uff08\u4e0d\u53ef\u9006\uff09\uff0c\u8fd9\u76f8\u5f53\u4e8e\u53ea\u9700\u8981\u8f93\u5165\u4e00\u7ec4\u6b63\u786e\u7684\u5bc6\u7801\uff0c\u5c31\u53ef\u4ee5\u63a8\u7b97\u51fa\u8d26\u6237\u540d\u79f0\u5e76\u767b\u5f55\uff0c\u800c\u65e0\u6cd5\u4ece\u8d26\u6237\u540d\u79f0\u53cd\u5411\u63a8\u7b97\u51fa\u5bc6\u7801\u822c\u3002<\/p>\n\n\n\n<p>2013\u5e74\u5723\u8bde\u8282\u524d\uff0c12\u5929\u6bd4\u7279\u5e01\u8282\u76ee\u4e2d\uff0cAdam Johnson\u6536\u5230Bloomberg\u7535\u89c6\u53f0\u7684\u4e3b\u64adMatt Miller\u9001\u7684\u4ef7\u503c20\u7f8e\u5143\u7684\u6bd4\u7279\u5e01\u793c\u7269\u5361\u3002\u4ed6\u5f00\u5fc3\u7684\u6253\u5f00\u793c\u7269\u5361\u5305\u88c5\uff0c\u5728\u6444\u5f71\u673a\u524d\u5c55\u793a\u4e86\u7ea610\u79d2\u949f\u793c\u7269\u5361\uff0c\u7136\u540e\uff0c10\u79d2\u949f\u4e4b\u5185\uff0c\u94b1\u5c31\u4e0d\u89c1\u4e86\u3002\u8fd9\u5f20\u793c\u7269\u5361\u4e0a\u9762\uff0c\u662f\u4e00\u4e2a\u6bd4\u7279\u5e01\u94b1\u5305\u7684\u5730\u5740\u8ddf\u79c1\u94a5\u7684QR CODE\u3002<sup><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%AF%94%E7%89%B9%E5%B8%81#cite_note-54\">[49]<\/a><\/sup><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h_14311648402_1\">3. \u7ecf\u6d4e\u5b66\u4e0e\u7528\u9014 | Economics and usage<\/h2>\n\n\n\n<p><em>Main article:&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Economics_of_bitcoin\" target=\"_blank\" rel=\"noreferrer noopener\">Economics of bitcoin<\/a>\u3010\u4e3b\u6761\u76ee\uff1a\u6bd4\u7279\u5e01\u7ecf\u6d4e\u5b66\u3011<\/em><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h_14311648402_2\">3.1 \u6bd4\u7279\u5e01\u7684\u7406\u8bba\u6839\u6e90\u4e0e\u610f\u8bc6\u5f62\u6001 | Bitcoin&#8217;s theoretical roots and ideology<\/h3>\n\n\n\n<p>According to the&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/European_Central_Bank\" target=\"_blank\" rel=\"noreferrer noopener\">European Central Bank<\/a>, the decentralization of money offered by bitcoin has its theoretical roots in the&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Austrian_school_of_economics\" target=\"_blank\" rel=\"noreferrer noopener\">Austrian school of economics<\/a>, especially with&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Friedrich_Hayek\" target=\"_blank\" rel=\"noreferrer noopener\">Friedrich Hayek<\/a>&#8216;s&nbsp;<em><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/The_Denationalisation_of_Money\" target=\"_blank\" rel=\"noreferrer noopener\">The Denationalisation of Money<\/a><\/em>, in which he advocates a complete&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Free_market\" target=\"_blank\" rel=\"noreferrer noopener\">free market<\/a>&nbsp;in the production, distribution and management of money to end the monopoly of&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Central_banks\" target=\"_blank\" rel=\"noreferrer noopener\">central banks<\/a>.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-99\" target=\"_blank\" rel=\"noreferrer noopener\">[97]<\/a>:\u200a22\u200a Sociologist&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Nigel_Dodd\" target=\"_blank\" rel=\"noreferrer noopener\">Nigel Dodd<\/a>&nbsp;argues that the essence of the bitcoin ideology is to remove money from social, as well as governmental, control.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-100\" target=\"_blank\" rel=\"noreferrer noopener\">[98]<\/a>&nbsp;<em><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/The_Economist\" target=\"_blank\" rel=\"noreferrer noopener\">The Economist<\/a><\/em>&nbsp;describes bitcoin as &#8220;a&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Techno-anarchist\" target=\"_blank\" rel=\"noreferrer noopener\">techno-anarchist<\/a>&nbsp;project to create an online version of cash, a way for people to transact without the possibility of interference from malicious governments or banks&#8221;.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-30082018Economist-101\" target=\"_blank\" rel=\"noreferrer noopener\">[99]<\/a>&nbsp;These philosophical ideas initially attracted&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Libertarian\" target=\"_blank\" rel=\"noreferrer noopener\">libertarians<\/a>&nbsp;and&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Anarchist\" target=\"_blank\" rel=\"noreferrer noopener\">anarchists<\/a>.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-102\" target=\"_blank\" rel=\"noreferrer noopener\">[100]<\/a>&nbsp;Economist&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Paul_Krugman\" target=\"_blank\" rel=\"noreferrer noopener\">Paul Krugman<\/a>&nbsp;argues that cryptocurrencies like bitcoin are only used by bank skeptics and criminals.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-Krugman-103\" target=\"_blank\" rel=\"noreferrer noopener\">[101]<\/a><br>\u3010\u53c2\u8003\u8bd1\u6587\u3011\u6839\u636e\u6b27\u6d32\u4e2d\u592e\u94f6\u884c\u7684\u8bf4\u6cd5\uff0c\u6bd4\u7279\u5e01\u6240\u63d0\u4f9b\u7684\u8d27\u5e01\u53bb\u4e2d\u5fc3\u5316\u7406\u5ff5\u6e90\u81ea\u5965\u5730\u5229\u5b66\u6d3e\u7ecf\u6d4e\u5b66\uff0c\u5c24\u5176\u662f\u5f17\u91cc\u5fb7\u91cc\u5e0c\u00b7\u54c8\u8036\u514b\u7684\u300a\u8d27\u5e01\u7684\u975e\u56fd\u5bb6\u5316\u300b\u4e00\u4e66\uff0c\u8be5\u4e66\u4e3b\u5f20\u5728\u8d27\u5e01\u7684\u751f\u4ea7\u3001\u5206\u914d\u548c\u7ba1\u7406\u4e2d\u5b9e\u73b0\u5b8c\u5168\u81ea\u7531\u7684\u5e02\u573a\uff0c\u4ee5\u7ec8\u7ed3\u4e2d\u592e\u94f6\u884c\u7684\u5784\u65ad\u5730\u4f4d\u3002[97]:\u200a22\u200a \u793e\u4f1a\u5b66\u5bb6\u5948\u6770\u5c14\u00b7\u591a\u5fb7\u8ba4\u4e3a\uff0c\u6bd4\u7279\u5e01\u610f\u8bc6\u5f62\u6001\u7684\u6838\u5fc3\u5728\u4e8e\u5c06\u8d27\u5e01\u4ece\u793e\u4f1a\u548c\u653f\u5e9c\u7684\u63a7\u5236\u4e2d\u89e3\u8131\u51fa\u6765\u3002[98] \u300a\u7ecf\u6d4e\u5b66\u4eba\u300b\u5c06\u6bd4\u7279\u5e01\u63cf\u8ff0\u4e3a\u201c\u4e00\u9879\u6280\u672f\u65e0\u653f\u5e9c\u4e3b\u4e49\u9879\u76ee\uff0c\u65e8\u5728\u521b\u9020\u4e00\u79cd\u5728\u7ebf\u73b0\u91d1\u7248\u672c\uff0c\u4f7f\u4eba\u4eec\u80fd\u591f\u5728\u4e0d\u53d7\u6076\u610f\u653f\u5e9c\u6216\u94f6\u884c\u5e72\u6d89\u7684\u60c5\u51b5\u4e0b\u8fdb\u884c\u4ea4\u6613\u201d\u3002[99] \u8fd9\u4e9b\u54f2\u5b66\u601d\u60f3\u6700\u521d\u5438\u5f15\u4e86\u81ea\u7531\u610f\u5fd7\u4e3b\u4e49\u8005\u548c\u65e0\u653f\u5e9c\u4e3b\u4e49\u8005\u3002[100] \u7ecf\u6d4e\u5b66\u5bb6\u4fdd\u7f57\u00b7\u514b\u9c81\u683c\u66fc\uff08\u6b64\u5904\u5e94\u4e3aKrugman\u7684\u62fc\u5199\u9519\u8bef\uff0c\u6b63\u786e\u5e94\u4e3aKrugman\u53ef\u80fd\u662fKrugman\u7684\u7b14\u8bef\uff0c\u4f46\u6839\u636e\u4e0a\u4e0b\u6587\u5e94\u7406\u89e3\u4e3a\u67d0\u4f4d\u7ecf\u6d4e\u5b66\u5bb6\uff0c\u8fd9\u91cc\u6211\u4eec\u4fdd\u6301\u539f\u6587\u7684Krugman\uff09\u8ba4\u4e3a\uff0c\u50cf\u6bd4\u7279\u5e01\u8fd9\u6837\u7684\u52a0\u5bc6\u8d27\u5e01\u53ea\u88ab\u6000\u7591\u94f6\u884c\u7684\u4eba\u548c\u72af\u7f6a\u5206\u5b50\u4f7f\u7528\u3002[101]<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h_14311648402_3\">3.2 \u4f5c\u4e3a\u8d27\u5e01\u7684\u8ba4\u53ef\u4e0e\u6cd5\u5f8b\u5730\u4f4d | Recognition as a currency and legal status<\/h3>\n\n\n\n<p><em>\u4e3b\u6761\u76ee\uff1a<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%25E5%259C%25A8%25E5%2590%2584%25E5%259B%25BD%25E6%2588%2596%25E5%259C%25B0%25E5%258C%25BA%25E7%259A%2584%25E5%2590%2588%25E6%25B3%2595%25E6%2580%25A7\" target=\"_blank\" rel=\"noreferrer noopener\">\u6bd4\u7279\u5e01\u5728\u5404\u56fd\u6216\u5730\u533a\u7684\u5408\u6cd5\u6027<\/a><\/em><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/pic1.zhimg.com\/v2-e47de5b20ecb594f0a6a8d3a98873326_1440w.jpg\" alt=\"\"\/><figcaption class=\"wp-element-caption\">\u6b64\u56fe\u7247\u9075\u5faaCC0\u534f\u8bae\uff0c\u8fbd\u89c2\u4e0a\u4f20\u65f6\u906e\u6321\u4e86\u90e8\u5206\u533a\u57df\uff1b\u53f0\u6e7e\u5c9b\u4e3a\u6a59\u8272<br>\u56fe\u7247\u9898\u6ce8\uff1a<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Legality_of_cryptocurrency_by_country_or_territory\" target=\"_blank\" rel=\"noreferrer noopener\">Legal status of bitcoin<\/a>\u00a0Orange:\u00a0<strong>Legal tender<\/strong>\u00a0(bitcoin is officially recognized as a medium of exchange) . Green:\u00a0<strong>Permissive<\/strong>\u00a0(legal to use bitcoin, with minimal or no restrictions) . Yellow:\u00a0<strong>Restricted<\/strong>\u00a0(some legal restrictions on the usage of bitcoin) Violet:\u00a0<strong>Contentious<\/strong>\u00a0(interpretation of old laws, but bitcoin is not directly prohibited) Red:\u00a0<strong>Prohibited<\/strong>\u00a0(full or partial prohibition on the use of bitcoin) Grey:\u00a0<strong>No data<\/strong>\u00a0(no information available)<br>\u53c2\u8003\u8bd1\u6587\uff1a\u6bd4\u7279\u5e01\u7684\u6cd5\u5f8b\u5730\u4f4d\uff1a<br>\u6a59\u8272\uff1a\u6cd5\u5b9a\u8d27\u5e01\uff08\u6bd4\u7279\u5e01\u88ab\u6b63\u5f0f\u627f\u8ba4\u4e3a\u4ea4\u6362\u5a92\u4ecb\uff09\u3002<br>\u7eff\u8272\uff1a\u5141\u8bb8\u4f7f\u7528\uff08\u4f7f\u7528\u6bd4\u7279\u5e01\u5408\u6cd5\uff0c\u51e0\u4e4e\u6ca1\u6709\u6216\u6ca1\u6709\u9650\u5236\uff09\u3002<br>\u9ec4\u8272\uff1a\u53d7\u9650\uff08\u5bf9\u6bd4\u7279\u5e01\u7684\u4f7f\u7528\u6709\u4e00\u4e9b\u6cd5\u5f8b\u9650\u5236\uff09\u3002<br>\u7d2b\u8272\uff1a\u6709\u4e89\u8bae\uff08\u5bf9\u65e7\u6cd5\u5f8b\u7684\u89e3\u8bfb\uff0c\u4f46\u6bd4\u7279\u5e01\u5e76\u672a\u88ab\u76f4\u63a5\u7981\u6b62\uff09\u3002<br>\u7ea2\u8272\uff1a\u7981\u6b62\uff08\u5bf9\u6bd4\u7279\u5e01\u7684\u4f7f\u7528\u5b9e\u884c\u5168\u9762\u6216\u90e8\u5206\u7981\u6b62\uff09\u3002<br>\u7070\u8272\uff1a\u65e0\u6570\u636e\uff08\u6ca1\u6709\u53ef\u7528\u4fe1\u606f\uff09\u3002<br>\u56fe\u7247\u6765\u6e90\uff1a<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/commons.wikimedia.org\/wiki\/User%3AManabimasu\" target=\"_blank\" rel=\"noreferrer noopener\">Manabimasu<\/a><\/figcaption><\/figure>\n\n\n\n<p><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Money\" target=\"_blank\" rel=\"noreferrer noopener\">Money<\/a>&nbsp;serves three purposes: a&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Store_of_value\" target=\"_blank\" rel=\"noreferrer noopener\">store of value<\/a>, a&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Medium_of_exchange\" target=\"_blank\" rel=\"noreferrer noopener\">medium of exchange<\/a>, and a&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Unit_of_account\" target=\"_blank\" rel=\"noreferrer noopener\">unit of account<\/a>.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-econ315-104\" target=\"_blank\" rel=\"noreferrer noopener\">[102]<\/a>&nbsp;According to&nbsp;<em>The Economist<\/em>&nbsp;in 2014, bitcoin functions best as a medium of exchange.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-econ315-104\" target=\"_blank\" rel=\"noreferrer noopener\">[102]<\/a>&nbsp;In 2015,&nbsp;<em>The Economist<\/em>&nbsp;noted that bitcoins had three qualities useful in a currency: they are &#8220;hard to earn, limited in supply and easy to verify&#8221;.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-105\" target=\"_blank\" rel=\"noreferrer noopener\">[103]<\/a>&nbsp;However, a 2018 assessment by&nbsp;<em>The Economist<\/em>&nbsp;stated that cryptocurrencies met none of these three criteria.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-30082018Economist-101\" target=\"_blank\" rel=\"noreferrer noopener\">[99]<\/a>&nbsp;Per some researchers, as of 2015, bitcoin functions more as a&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Payment_system\" target=\"_blank\" rel=\"noreferrer noopener\">payment system<\/a>&nbsp;than as a currency.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-JEP-26\" target=\"_blank\" rel=\"noreferrer noopener\">[24]<\/a>&nbsp;In 2014, economist&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Robert_J._Shiller\" target=\"_blank\" rel=\"noreferrer noopener\">Robert J. Shiller<\/a>&nbsp;wrote that bitcoin has potential as a unit of account for measuring the relative value of goods, as with Chile&#8217;s&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Unidad_de_Fomento\" target=\"_blank\" rel=\"noreferrer noopener\">Unidad de Fomento<\/a>, but that &#8220;Bitcoin in its present form&#8230; doesn&#8217;t really solve any sensible economic problem&#8221;.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-Shiller-106\" target=\"_blank\" rel=\"noreferrer noopener\">[104]<\/a>&nbsp;Fran\u00e7ois R. Velde, Senior Economist at the&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Chicago_Fed\" target=\"_blank\" rel=\"noreferrer noopener\">Chicago Fed<\/a>, described bitcoin as &#8220;an elegant solution to the problem of creating a digital currency&#8221;.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-107\" target=\"_blank\" rel=\"noreferrer noopener\">[105]<\/a>&nbsp;David Andolfatto, Vice President at the&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Federal_Reserve_Bank_of_St._Louis\" target=\"_blank\" rel=\"noreferrer noopener\">Federal Reserve Bank of St. Louis<\/a>, stated that bitcoin is a threat to the establishment, which he argues is a good thing for the&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Federal_Reserve_System\" target=\"_blank\" rel=\"noreferrer noopener\">Federal Reserve System<\/a>&nbsp;and other&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Central_bank\" target=\"_blank\" rel=\"noreferrer noopener\">central banks<\/a>, because it prompts these institutions to operate sound policies.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-108\" target=\"_blank\" rel=\"noreferrer noopener\">[106]<\/a><br>\u3010\u53c2\u8003\u8bd1\u6587\u3011\u8d27\u5e01\u5177\u6709\u4e09\u5927\u804c\u80fd\uff1a\u4ef7\u503c\u50a8\u5b58\u3001\u4ea4\u6362\u5a92\u4ecb\u548c\u8bb0\u8d26\u5355\u4f4d\u3002[102]\u636e\u300a\u7ecf\u6d4e\u5b66\u4eba\u300b2014\u5e74\u62a5\u9053\uff0c\u6bd4\u7279\u5e01\u4f5c\u4e3a\u4ea4\u6362\u5a92\u4ecb\u7684\u529f\u80fd\u6700\u4e3a\u51fa\u8272\u3002[102]2015\u5e74\uff0c\u300a\u7ecf\u6d4e\u5b66\u4eba\u300b\u6307\u51fa\uff0c\u6bd4\u7279\u5e01\u4f5c\u4e3a\u8d27\u5e01\u5177\u6709\u4e09\u5927\u7279\u6027\uff1a\u96be\u4ee5\u8d5a\u53d6\u3001\u4f9b\u5e94\u91cf\u6709\u9650\u3001\u6613\u4e8e\u9a8c\u8bc1\u3002[103]\u7136\u800c\uff0c\u8be5\u6742\u5fd72018\u5e74\u7684\u4e00\u7bc7\u8bc4\u8bba\u6587\u7ae0\u79f0\uff0c\u52a0\u5bc6\u8d27\u5e01\u5e76\u672a\u6ee1\u8db3\u4e0a\u8ff0\u4efb\u4f55\u4e00\u9879\u6807\u51c6\u3002[99]\u4e00\u4e9b\u7814\u7a76\u4eba\u5458\u8ba4\u4e3a\uff0c\u622a\u81f32015\u5e74\uff0c\u6bd4\u7279\u5e01\u66f4\u591a\u5730\u662f\u4f5c\u4e3a\u4e00\u79cd\u652f\u4ed8\u7cfb\u7edf\uff0c\u800c\u975e\u8d27\u5e01\u3002[24]2014\u5e74\uff0c\u7ecf\u6d4e\u5b66\u5bb6\u7f57\u4f2f\u7279\u00b7J\u00b7\u5e0c\u52d2\uff08Robert J. Shiller\uff09\u5199\u9053\uff0c\u6bd4\u7279\u5e01\u5177\u6709\u4f5c\u4e3a\u8bb0\u8d26\u5355\u4f4d\u6765\u8861\u91cf\u5546\u54c1\u76f8\u5bf9\u4ef7\u503c\u7684\u6f5c\u529b\uff0c\u5c31\u50cf\u667a\u5229\u7684\u6bd4\u7d22\u4e00\u6837\uff0c\u4f46\u201c\u6bd4\u7279\u5e01\u76ee\u524d\u7684\u5f62\u5f0f\u2026\u2026\u5e76\u6ca1\u6709\u771f\u6b63\u89e3\u51b3\u4efb\u4f55\u5408\u7406\u7684\u7ecf\u6d4e\u95ee\u9898\u201d\u3002[104]\u829d\u52a0\u54e5\u8054\u90a6\u50a8\u5907\u94f6\u884c\u9ad8\u7ea7\u7ecf\u6d4e\u5b66\u5bb6\u5f17\u6717\u7d22\u74e6\u00b7R\u00b7\u97e6\u5c14\u5fb7\uff08Fran\u00e7ois R. Velde\uff09\u5c06\u6bd4\u7279\u5e01\u63cf\u8ff0\u4e3a\u201c\u521b\u5efa\u6570\u5b57\u8d27\u5e01\u95ee\u9898\u7684\u4e00\u4e2a\u4f18\u96c5\u89e3\u51b3\u65b9\u6848\u201d\u3002[105]\u5723\u8def\u6613\u65af\u8054\u90a6\u50a8\u5907\u94f6\u884c\u526f\u884c\u957f\u5927\u536b\u00b7\u5b89\u5fb7\u5965\u5c14\u6cd5\u6258\uff08David Andolfatto\uff09\u8868\u793a\uff0c\u6bd4\u7279\u5e01\u5bf9\u73b0\u884c\u4f53\u5236\u6784\u6210\u4e86\u5a01\u80c1\uff0c\u4f46\u8fd9\u5bf9\u7f8e\u8054\u50a8\u548c\u5176\u4ed6\u4e2d\u592e\u94f6\u884c\u6765\u8bf4\u5374\u662f\u4ef6\u597d\u4e8b\uff0c\u56e0\u4e3a\u5b83\u4fc3\u4f7f\u8fd9\u4e9b\u673a\u6784\u5b9e\u884c\u7a33\u5065\u7684\u653f\u7b56\u3002[106]<\/p>\n\n\n\n<p>The&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Legality_of_cryptocurrency_by_country_or_territory\" target=\"_blank\" rel=\"noreferrer noopener\">legal status of bitcoin<\/a>&nbsp;varies substantially from one jurisdiction to another. Because of its decentralized nature and its global presence, regulating bitcoin is difficult. However, the use of bitcoin can be criminalized, and shutting down exchanges and the peer-to-peer economy in a given country would constitute a&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/De_facto\" target=\"_blank\" rel=\"noreferrer noopener\">de facto<\/a>&nbsp;ban.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-109\" target=\"_blank\" rel=\"noreferrer noopener\">[107]<\/a>&nbsp;The&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Cryptocurrency_and_crime\" target=\"_blank\" rel=\"noreferrer noopener\">use of bitcoin by criminals<\/a>&nbsp;has attracted the attention of financial regulators, legislative bodies, and law enforcement.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-110\" target=\"_blank\" rel=\"noreferrer noopener\">[108]<\/a>&nbsp;Nobel-prize winning economist&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Joseph_Stiglitz\" target=\"_blank\" rel=\"noreferrer noopener\">Joseph Stiglitz<\/a>&nbsp;says that bitcoin&#8217;s anonymity encourages&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Money_laundering\" target=\"_blank\" rel=\"noreferrer noopener\">money laundering<\/a>&nbsp;and other crimes.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-111\" target=\"_blank\" rel=\"noreferrer noopener\">[109]<\/a>&nbsp;This is the main justification behind bitcoin bans.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-SunYin2019-11\" target=\"_blank\" rel=\"noreferrer noopener\">[9]<\/a>&nbsp;As of November 2021, nine countries applied an absolute ban (Algeria, Bangladesh, China, Egypt, Iraq, Morocco, Nepal, Qatar, and Tunisia) while another 42 countries had an implicit ban.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-LOC2021-112\" target=\"_blank\" rel=\"noreferrer noopener\">[110]<\/a>[<em><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Wikipedia%3AManual_of_Style\/Dates_and_numbers%23Chronological_items\" target=\"_blank\" rel=\"noreferrer noopener\">needs update<\/a><\/em>] Bitcoin is only&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Legal_tender\" target=\"_blank\" rel=\"noreferrer noopener\">legal tender<\/a>&nbsp;in&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/El_Salvador\" target=\"_blank\" rel=\"noreferrer noopener\">El Salvador<\/a>.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-BTCSVSept7FT-6\" target=\"_blank\" rel=\"noreferrer noopener\">[4]<\/a><br>\u3010\u53c2\u8003\u8bd1\u6587\u3011\u6bd4\u7279\u5e01\u7684\u6cd5\u5f8b\u5730\u4f4d\u56e0\u53f8\u6cd5\u7ba1\u8f96\u533a\u800c\u5f02\u3002\u7531\u4e8e\u5176\u53bb\u4e2d\u5fc3\u5316\u548c\u5168\u7403\u6027\u7684\u7279\u70b9\uff0c\u6bd4\u7279\u5e01\u7684\u76d1\u7ba1\u96be\u5ea6\u5f88\u5927\u3002\u4e0d\u8fc7\uff0c\u6bd4\u7279\u5e01\u7684\u4f7f\u7528\u53ef\u4ee5\u88ab\u5b9a\u4e3a\u5211\u4e8b\u72af\u7f6a\uff0c\u800c\u5728\u67d0\u4e2a\u56fd\u5bb6\u5173\u95ed\u4ea4\u6613\u6240\u548c\u70b9\u5bf9\u70b9\u7ecf\u6d4e\u5219\u6784\u6210\u4e8b\u5b9e\u4e0a\u7684\u7981\u4ee4\u3002[107]\u72af\u7f6a\u5206\u5b50\u4f7f\u7528\u6bd4\u7279\u5e01\u7684\u884c\u4e3a\u5f15\u8d77\u4e86\u91d1\u878d\u76d1\u7ba1\u673a\u6784\u3001\u7acb\u6cd5\u673a\u6784\u548c\u6267\u6cd5\u673a\u6784\u7684\u5173\u6ce8\u3002[108]\u8bfa\u8d1d\u5c14\u7ecf\u6d4e\u5b66\u5956\u5f97\u4e3b\u7ea6\u745f\u592b\u00b7\u65af\u8482\u683c\u5229\u8328\uff08Joseph Stiglitz\uff09\u8868\u793a\uff0c\u6bd4\u7279\u5e01\u7684\u533f\u540d\u6027\u52a9\u957f\u4e86\u6d17\u94b1\u548c\u5176\u4ed6\u72af\u7f6a\u6d3b\u52a8\u3002[109]\u8fd9\u662f\u7981\u6b62\u6bd4\u7279\u5e01\u7684\u4e3b\u8981\u7406\u7531\u3002[9]\u622a\u81f32021\u5e7411\u6708\uff0c\u5df2\u67099\u4e2a\u56fd\u5bb6\uff08\u963f\u5c14\u53ca\u5229\u4e9a\u3001\u5b5f\u52a0\u62c9\u56fd\u3001\u4e2d\u56fd\u3001\u57c3\u53ca\u3001\u4f0a\u62c9\u514b\u3001\u6469\u6d1b\u54e5\u3001\u5c3c\u6cca\u5c14\u3001\u5361\u5854\u5c14\u548c\u7a81\u5c3c\u65af\uff09\u5b9e\u65bd\u4e86\u7edd\u5bf9\u7981\u4ee4\uff0c\u53e6\u670942\u4e2a\u56fd\u5bb6\u5b9e\u65bd\u4e86\u9690\u6027\u7981\u4ee4\u3002[110][\u9700\u66f4\u65b0]\u6bd4\u7279\u5e01\u4ec5\u5728\u8428\u5c14\u74e6\u591a\u88ab\u8ba4\u5b9a\u4e3a\u6cd5\u5b9a\u8d27\u5e01\u3002[4]<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>3.2.1 \u7f8e\u56fd<\/strong><\/h4>\n\n\n\n<p>2021\u5e7412\u67089\u65e5\uff0c\u5728\u7f8e\u56fd\u4f17\u8bae\u9662\u4e3e\u884c\u7684\u52a0\u5bc6\u8d27\u5e01\u542c\u8bc1\u4f1a\u4e0a\uff0c\u5171\u548c\u515a\u4f17\u8bae\u5458&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25B4%25BE%25E7%25BF%25A0%25E5%2585%258B%25C2%25B7%25E9%25BA%25A5%25E5%2585%258B%25E4%25BA%25A8%25E5%2588%25A9\" target=\"_blank\" rel=\"noreferrer noopener\">\u6d3e\u7fe0\u514b\u00b7\u9ea6\u514b\u4ea8\u5229<\/a>&nbsp;\u8868\u793a\uff0c\u52a0\u5bc6\u9886\u57df\u7684\u6280\u672f\u201c\u5df2\u7ecf\u53d7\u5230\u76d1\u7ba1\u201d\uff0c\u4f46\u73b0\u6709\u7684\u76d1\u7ba1\u6846\u67b6\u53ef\u80fd\u201c\u7b28\u62d9\u201d\u4e14\u201c\u4e0d\u662f\u6700\u65b0\u7684\u201d\uff0c\u5e76\u5177\u6709\u8fc7\u5ea6\u76d1\u7ba1\u7684\u503e\u5411\u3002\u6d3e\u7fe0\u514b\u00b7\u9ea6\u514b\u4ea8\u5229\u79f0\uff1a\u201c\u52a0\u5bc6\u8d27\u5e01\u5bf9\u672a\u6765\u7684\u5f71\u54cd\u53ef\u80fd\u6bd4\u4e92\u8054\u7f51\u66f4\u5927&#8230;&#8230; \u6211\u4eec\u9700\u8981\u5408\u7406\u7684\u89c4\u5219&#8230;&#8230; \u4e0d\u9700\u8981\u7acb\u6cd5\u8005\u4ec5\u4ec5\u51fa\u4e8e\u5bf9\u672a\u77e5\u7684\u6050\u60e7\u800c\u4e0b\u610f\u8bc6\u7684\u76d1\u7ba1&#8230;&#8230; \u56e0\u672a\u77e5\u7684\u6050\u60e7\u800c\u76d1\u7ba1\u53ea\u4f1a\u627c\u6740\u7f8e\u56fd\u7684\u521b\u65b0\u80fd\u529b\uff0c\u4f7f\u6211\u4eec\u5728\u7ade\u4e89\u4e2d\u5904\u4e8e\u52a3\u52bf&#8230;&#8230; \u6211\u4eec\u5982\u4f55\u786e\u4fdd Web3 \u9769\u547d\u53d1\u751f\u5728\u7f8e\u56fd?\u201d\u53e6\u6d3e\u7fe0\u514b\u00b7\u9ea6\u514b\u4ea8\u5229\u5728\u52a0\u5bc6\u542c\u8bc1\u4f1a\u4e0a\u8fd8\u8868\u793a\uff1a\u201c\u6211\u4eec\u9700\u8981\u6452\u5f03\u52a0\u5bc6\u8d27\u5e01\u53ea\u88ab\u72af\u7f6a\u5206\u5b50\u4f7f\u7528\u7684\u60f3\u6cd5\u3002\u4f60\u77e5\u9053\u8fd8\u6709\u4ec0\u4e48\u662f\u88ab\u7528\u4e8e\u4e0d\u826f\u76ee\u7684\u5417\uff1f\u73b0\u91d1\u3002\u201d<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-229\" target=\"_blank\" rel=\"noreferrer noopener\">[224]<\/a><\/p>\n\n\n\n<p>\u7f8e\u56fd\u65f6\u95f42024\u5e741\u670810\u65e5\uff0c\u7f8e\u56fd\u8bc1\u5238\u4ea4\u6613\u59d4\u5458\u4f1a\uff08SEC\uff09\u6b63\u5f0f\u6279\u51c6\u7f8e\u56fd\u9996\u4e2a\u53d7\u76d1\u7ba1\u7684\u201c\u6bd4\u7279\u5e01\u73b0\u8d27ETF\u201d\uff0c\u4e4b\u540e\u4e0d\u9700\u8981\u900f\u8fc7\u4ea4\u6613\u6240\uff0c\u4e00\u822c\u6c11\u4f17\u900f\u8fc7\u4e70ETF\uff0c\u4e5f\u53ef\u4ee5\u6295\u8d44\u6bd4\u7279\u5e01\u3001\u53c2\u4e0e\u5230\u52a0\u5bc6\u91d1\u878d\u7684\u6210\u957f\uff0c\u662f\u6bd4\u7279\u5e01\u95ee\u4e1615\u5e74\u4ee5\u6765\uff0c\u6700\u5927\u7684\u91cc\u7a0b\u7891\u4e4b\u4e00\u3002\u6b64\u6b21\uff0cSEC\u4e00\u5171\u6279\u51c6\u4e8611\u5bb6\u673a\u6784\u7684\u7533\u8bf7\uff0c\u5305\u62ec ARK 21Shares\u3001Invesco Galaxy\u3001VanEck\u3001WisdomTree\u3001Fidelity\u3001Valkyrie\u3001BlackRock\u3001Grayscale\u3001Bitwise\u3001Hashdex \u548c Franklin Templeton \u7b4911\u4e2a\u673a\u6784\uff0c\u4ece1\u670811\u65e5\u5f00\u59cb\uff0c\u5927\u90e8\u5206ETF\u90fd\u53ef\u4ee5\u5728\u5404\u81ea\u7684\u4ea4\u6613\u6240\u4ea4\u6613\u3002\u6bd4\u7279\u5e01\u73b0\u8d27ETF\u901a\u8fc7\u7684\u6d88\u606f\uff0c\u4ee4\u5e01\u5708\u76f8\u5f53\u632f\u594b\uff0c\u5f53\u5929\u6bd4\u7279\u5e01\u4ef7\u683c\u7a81\u7834\u4e8647,500\u7f8e\u5143\uff0c\u66f4\u57283\u670811\u65e5\uff0c\u4e00\u4e3e\u7a81\u783470,000\u7f8e\u5143\uff0c\u5176\u4ed6\u52a0\u5bc6\u8d27\u5e01\u4e5f\u8ddf\u7740\u4e00\u8d77\u4e0a\u6da8\uff0c\u6bd4\u7279\u5e01ETF\u5728\u5168\u7403\u6700\u5927\u91d1\u878d\u5e02\u573a\u83b7\u5f97\u6279\u51c6\uff0c\u8c61\u5f81\u7740\u7f8e\u56fd\u653f\u5e9c\u5bf9\u52a0\u5bc6\u8d27\u5e01\u7684\u6001\u5ea6\u53d1\u751f\u4e86\u91cd\u5927\u8f6c\u53d8\u3002\u5728\u6b64\u4e4b\u524d\uff0c SEC \u66fe\u591a\u6b21\u9a73\u56de\u6bd4\u7279\u5e01 ETF \u7684\u7533\u8bf7\uff0c\u7406\u7531\u662f\u52a0\u5bc6\u8d27\u5e01\u5b58\u5728\u6b3a\u8bc8\u3001\u6d17\u94b1\u7b49\u98ce\u9669\u3002\u4f46\u8fd9\u6b21\u6279\u51c6\uff0c\u8868\u660e SEC \u5bf9\u52a0\u5bc6\u8d27\u5e01\u7684\u6001\u5ea6\u6709\u6240\u8f6f\u5316\uff0c\u81f3\u5c11\u627f\u8ba4\u4e86\u52a0\u5bc6\u8d27\u5e01\u4f5c\u4e3a\u4e00\u79cd\u6295\u8d44\u5de5\u5177\u7684\u5408\u6cd5\u6027\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-230\" target=\"_blank\" rel=\"noreferrer noopener\">[225]<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-231\" target=\"_blank\" rel=\"noreferrer noopener\">[226]<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-232\" target=\"_blank\" rel=\"noreferrer noopener\">[227]<\/a><\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>3.2.2 \u5370\u5ea6<\/strong><\/h4>\n\n\n\n<p>2020\u5e7412\u6708\uff0c\u8003\u8651\u5c06\u6bd4\u7279\u5e01\u5f52\u7c7b\u4e3a\u201c\u65e0\u5f62\u8d44\u4ea7\u201d\uff0c\u5e76\u5411\u5176\u4ea4\u6613\u6536\u7a0e\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-233\" target=\"_blank\" rel=\"noreferrer noopener\">[228]<\/a><\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>3.2.3 \u8428\u5c14\u74e6\u591a<\/strong><\/h4>\n\n\n\n<p>2021\u5e749\u67087\u65e5\uff0c\u6b63\u5f0f\u628a<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B9%25A3\" target=\"_blank\" rel=\"noreferrer noopener\">\u6bd4\u7279\u5e01<\/a>\u5217\u5165\u4e3a<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25B3%2595%25E5%25AE%259A%25E8%25B2%25A8%25E5%25B9%25A3\" target=\"_blank\" rel=\"noreferrer noopener\">\u6cd5\u5b9a\u8d27\u5e01<\/a>\uff0c\u6210\u4e3a\u4e16\u754c\u9996\u4e2a\u628a\u6bd4\u7279\u5e01\u5217\u4f5c\u6cd5\u5b9a\u8d27\u5e01\u7684\u56fd\u5bb6<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-234\" target=\"_blank\" rel=\"noreferrer noopener\">[229]<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-235\" target=\"_blank\" rel=\"noreferrer noopener\">[230]<\/a>\uff0c\u4e0e\u6b64\u540c\u65f6\uff0c\u4e5f\u89e6\u53d1\u4e86\u8be5\u56fd\u591a\u5904<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E5%258F%258D%25E5%25B0%258D%25E6%25AF%2594%25E7%2589%25B9%25E5%25B9%25A3%25E6%25B3%2595%25E5%25BE%258B%25E7%25A4%25BA%25E5%25A8%2581\" target=\"_blank\" rel=\"noreferrer noopener\">\u53cd\u5bf9\u6bd4\u7279\u5e01\u6cd5\u5f8b<\/a>shi4 wei1<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-236\" target=\"_blank\" rel=\"noreferrer noopener\">[231]<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-237\" target=\"_blank\" rel=\"noreferrer noopener\">[232]<\/a>\u3002<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>3.2.4 \u4fc4\u7f57\u65af<\/strong><\/h4>\n\n\n\n<p>2022\u5e747\u670831\u65e5\uff0c\u4fc4\u603b\u7edf\u666e\u4eac\u7b7e\u7f72\u300a\u6570\u5b57\u91d1\u878d\u8d44\u4ea7\u548c\u52a0\u5bc6\u8d27\u5e01\u8c03\u89e3\u6cd5\u300b\u3002\u8be5\u6cd5\u5f8b\u51fa\u53f0\u524d\uff0c\u4fc4\u5bf9\u52a0\u5bc6\u8d27\u5e01\u8fdb\u884c\u76d1\u7ba1\u65e0\u6cd5\u53ef\u4f9d\u3002\u6839\u636e\u300a\u6570\u5b57\u91d1\u878d\u8d44\u4ea7\u548c\u52a0\u5bc6\u8d27\u5e01\u8c03\u89e3\u6cd5\u300b\uff0c\u6570\u5b57\u91d1\u878d\u8d44\u4ea7\u6307\u7684\u662f\u5728\u4fe1\u606f\u7cfb\u7edf\u4e2d\u53d1\u884c\u3001\u6e05\u7b97\u548c\u6d41\u901a\u7684\u6570\u5b57\u8d44\u4ea7\u6743\u5229\u3002\u6570\u5b57\u8d44\u4ea7\u53ef\u4ee5\u4f5c\u4e3a\u62b5\u62bc\u3001\u4e70\u5356\u548c\u4ea4\u6362\u7684\u5bf9\u8c61\uff0c\u4f46\u4e0d\u53ef\u4ee5\u7528\u4f5c\u652f\u4ed8\u624b\u6bb5<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-238\" target=\"_blank\" rel=\"noreferrer noopener\">[233]<\/a>\u3002<\/p>\n\n\n\n<p>2022\u5e749\u670822\u65e5\uff0c\u4fc4\u7f57\u65af\u592e\u884c\u548c\u8d22\u653f\u90e8\u8fbe\u6210\u534f\u8bae\uff0c\u5141\u8bb8\u4f7f\u7528\u52a0\u5bc6\u8d27\u5e01\u8fdb\u884c\u8de8\u5883\u7ed3\u7b97<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-239\" target=\"_blank\" rel=\"noreferrer noopener\">[234]<\/a>\u3002<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>4.2.5 \u4e2d\u56fd\u5927\u9646<\/strong><\/h4>\n\n\n\n<p>2013\u5e7412\u67085\u65e5\uff0c<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E4%25B8%25AD%25E5%259C%258B%25E4%25BA%25BA%25E6%25B0%2591%25E9%258A%2580%25E8%25A1%258C\" target=\"_blank\" rel=\"noreferrer noopener\">\u4e2d\u56fd\u4eba\u6c11\u94f6\u884c<\/a>\u3001<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E5%25B7%25A5%25E4%25B8%259A%25E5%2592%258C%25E4%25BF%25A1%25E6%2581%25AF%25E5%258C%2596%25E9%2583%25A8\" target=\"_blank\" rel=\"noreferrer noopener\">\u5de5\u4e1a\u548c\u4fe1\u606f\u5316\u90e8<\/a>\u3001\u94f6\u76d1\u4f1a\u3001\u8bc1\u76d1\u4f1a\u7b49\u90e8\u95e8\u5c31\u8054\u5408\u53d1\u5e03\u300a\u5173\u4e8e\u9632\u8303\u6bd4\u7279\u5e01\u98ce\u9669\u7684\u901a\u77e5\u300b\uff0c\u5f53\u65f6\u4e0b\u4ee4\u91d1\u878d\u673a\u6784\u4e0e\u652f\u4ed8\u673a\u6784\u4e0d\u80fd\u63d0\u4f9b\u6bd4\u7279\u5e01\u7684\u6258\u7ba1\u3001\u5151\u6362\u3001\u652f\u4ed8\u7b49\u670d\u52a1\uff0c\u5f3a\u8c03\u865a\u62df\u8d27\u5e01\u4e0d\u5177\u6709\u4e0e\u8d27\u5e01\u7b49\u540c\u7684\u6cd5\u5f8b\u5730\u4f4d\u3002\u7528\u6237\u4f7f\u7528\u6bd4\u7279\u5e01\u4ea4\u6613\u5e73\u53f0\u5fc5\u987b\u5b9e\u540d\u5236\uff0c\u5e76\u53d7\u7535\u4fe1\u7ba1\u7406\u673a\u6784\u76d1\u7763&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-240\" target=\"_blank\" rel=\"noreferrer noopener\">[235]<\/a>\u3002<\/p>\n\n\n\n<p>2017\u5e749\u67084\u65e5\u4e2d\u56fd\u4eba\u6c11\u94f6\u884c\u3001\u4e2d\u592e\u7f51\u4fe1\u529e\u3001\u5de5\u4e1a\u548c\u4fe1\u606f\u5316\u90e8\u3001\u5de5\u5546\u603b\u5c40\u3001\u94f6\u76d1\u4f1a\u3001\u8bc1\u76d1\u4f1a\u548c\u4fdd\u76d1\u4f1a\u7b49\u4e03\u90e8\u95e8\u6240\u53d1\u5e03\u7684\u201c\u5173\u4e8e\u9632\u8303\u4ee3\u5e01\u53d1\u884c\u878d\u8d44\u98ce\u9669\u7684\u516c\u544a\u201d\u5f00\u59cb\uff0c\u7ba1\u5236\u6709\u5173\u900f\u8fc7\u865a\u62df\u8d27\u5e01\u53d1\u884c\u878d\u8d44\u6d3b\u52a8\u7684\u884c\u4e3a\uff0c\u5b9a\u6027\u4e3a\u672a\u7ecf\u6279\u51c6\u975e\u6cd5\u516c\u5f00\u878d\u8d44\u7684\u884c\u4e3a\uff0c\u5e76\u4e14\u7981\u6b62\u4e00\u5207\u4e0e\u865a\u62df\u8d27\u5e01\u6709\u5173\u7684\u4ea4\u6613\u884c\u4e3a\uff1b2018\u5e74\u53c8\u53d1\u5e03\u8fc7\u4e00\u7cfb\u5217\u7981\u6b62\u865a\u62df\u8d27\u5e01\u4ea4\u6613\u89c4\u5b9a\uff0c\u59828\u67087\u65e5<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E5%259B%25BD%25E5%25AE%25B6%25E4%25BA%2592%25E8%2581%2594%25E7%25BD%2591%25E4%25BF%25A1%25E6%2581%25AF%25E5%258A%259E%25E5%2585%25AC%25E5%25AE%25A4\" target=\"_blank\" rel=\"noreferrer noopener\">\u56fd\u5bb6\u4e92\u8054\u7f51\u4fe1\u606f\u529e\u516c\u5ba4<\/a>\u53d1\u5e03\u5b9e\u65bd\u7684\u201c\u5373\u65f6\u901a\u4fe1\u5de5\u5177\u516c\u4f17\u4fe1\u606f\u670d\u52a1\u53d1\u5c55\u7ba1\u7406\u6682\u884c\u89c4\u5b9a\u201d\uff0c\u5fae\u4fe1\u4e0a\u6709\u5173\u533a\u5757\u94fe\u7684\u516c\u4f17\u53f7\uff0c\u5185\u5bb9\u5747\u88ab\u8d23\u4ee4\u5c4f\u853d&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-241\" target=\"_blank\" rel=\"noreferrer noopener\">[236]<\/a>\u3002<\/p>\n\n\n\n<p>2021\u5e745\u670818\u65e5\uff0c\u4e2d\u56fd\u4eba\u6c11\u94f6\u884c\u4f1a\u540c\u4e2d\u56fd\u4e92\u8054\u7f51\u91d1\u878d\u534f\u4f1a\u3001\u4e2d\u56fd\u94f6\u884c\u4e1a\u534f\u4f1a\u3001\u4e2d\u56fd\u652f\u4ed8\u6e05\u7b97\u534f\u4f1a\u7b49\u4e09\u5927\u673a\u6784\uff0c\u8054\u5408\u53d1\u8868\u58f0\u660e\u6307\u51fa\uff1a\u201c\u865a\u62df\u8d27\u5e01\u4ef7\u683c\u66b4\u6da8\u66b4\u8dcc\uff0c\u865a\u62df\u8d27\u5e01\u4ea4\u6613\u7092\u4f5c\u6d3b\u52a8\u6709\u6240\u53cd\u5f39\uff0c\u4e25\u91cd\u4fb5\u5bb3\u4eba\u6c11\u7fa4\u4f17\u8d22\u4ea7\u5b89\u5168\uff0c\u6270\u4e71\u7ecf\u6d4e\u91d1\u878d\u6b63\u5e38\u79e9\u5e8f\u3002\u201d\u5185\u6587\u8fd8\u660e\u786e\u63d0\u5230\uff0c\u76f8\u5173\u4ea4\u6613\u6d3b\u52a8\u5df2\u7ecf\u8fdd\u53cd\u4e2d\u56fd\u6cd5\u89c4\uff0c\u4efb\u4f55\u4ea4\u6613\u5408\u7ea6\u4e0d\u53d7\u6cd5\u5f8b\u4fdd\u969c\uff0c\u540e\u679c\u53ca\u635f\u5931\u4e00\u5f8b\u7531\u6295\u8d44\u4eba\u81ea\u884c\u8d1f\u8d23&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-242\" target=\"_blank\" rel=\"noreferrer noopener\">[237]<\/a>\u3002<\/p>\n\n\n\n<p>2021\u5e749\u670824\u65e5\uff0c\u4e2d\u56fd\u4eba\u6c11\u94f6\u884c\u7b49\u5341\u90e8\u59d4\u53d1\u5e03\u7684\u300a\u5173\u4e8e\u8fdb\u4e00\u6b65\u9632\u8303\u548c\u5904\u7f6e\u865a\u62df\u8d27\u5e01\u4ea4\u6613\u7092\u4f5c\u98ce\u9669\u7684\u901a\u77e5\u300b\u89c4\u5b9a\u6307\u51fa\uff0c\u865a\u62df\u8d27\u5e01\u4e0d\u5177\u6709\u4e0e\u6cd5\u5b9a\u8d27\u5e01\u7b49\u540c\u7684\u6cd5\u5f8b\u5730\u4f4d\uff0c\u865a\u62df\u8d27\u5e01\u76f8\u5173\u4e1a\u52a1\u6d3b\u52a8\u5c5e\u4e8e\u975e\u6cd5\u91d1\u878d\u6d3b\u52a8\uff0c\u5bf9\u4e8e\u76f8\u5173\u5883\u5916\u865a\u62df\u8d27\u5e01\u4ea4\u6613\u6240\u7684\u5883\u5185\u5de5\u4f5c\u4eba\u5458\uff0c\u4ee5\u53ca\u660e\u77e5\u6216\u5e94\u77e5\u5176\u4ece\u4e8b\u865a\u62df\u8d27\u5e01\u76f8\u5173\u4e1a\u52a1\uff0c\u4ecd\u4e3a\u5176\u63d0\u4f9b\u8425\u9500\u5ba3\u4f20\u3001\u652f\u4ed8\u7ed3\u7b97\u3001\u6280\u672f\u652f\u6301\u7b49\u670d\u52a1\u7684\u6cd5\u4eba\u3001\u975e\u6cd5\u4eba\u7ec4\u7ec7\u548c\u81ea\u7136\u4eba\uff0c\u5c06\u88ab\u4f9d\u6cd5\u8ffd\u7a76\u6709\u5173\u8d23\u4efb<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-243\" target=\"_blank\" rel=\"noreferrer noopener\">[238]<\/a>\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h_14311648402_4\">3.3 \u7528\u4e8e\u652f\u4ed8 | Use for payments<\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/pica.zhimg.com\/v2-b29036661215ccd7cadd1a476213b7e8_1440w.jpg\" alt=\"\"\/><figcaption class=\"wp-element-caption\">\u6b64\u56fe\u7247\u9075\u5faaCC BY-SA 3.0\u534f\u8bae<br>\u56fe\u7247\u9898\u6ce8\uff1aCaf\u00e9 in\u00a0<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Delft\" target=\"_blank\" rel=\"noreferrer noopener\">Delft<\/a>\u00a0accepting Bitcoin<br>\u53c2\u8003\u8bd1\u6587\uff1a\u4ee3\u5c14\u592b\u7279\u7684\u5496\u5561\u9986\u63a5\u53d7\u6bd4\u7279\u5e01<br>\u56fe\u7247\u6765\u6e90\uff1a<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/commons.wikimedia.org\/wiki\/User%3ATargaryen\" target=\"_blank\" rel=\"noreferrer noopener\">Targaryen<\/a><\/figcaption><\/figure>\n\n\n\n<p>As of 2018, bitcoin is rarely used in transactions with merchants,<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-FT08062018-113\" target=\"_blank\" rel=\"noreferrer noopener\">[111]<\/a>&nbsp;but it is popular to&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Illicit_trade\" target=\"_blank\" rel=\"noreferrer noopener\">purchase illegal goods<\/a>&nbsp;online.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-TheEconomist20120929-114\" target=\"_blank\" rel=\"noreferrer noopener\">[112]<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-115\" target=\"_blank\" rel=\"noreferrer noopener\">[113]<\/a>&nbsp;Prices are not usually quoted in bitcoin and trades involve conversions into&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Fiat_money\" target=\"_blank\" rel=\"noreferrer noopener\">fiat<\/a>&nbsp;currencies.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-JEP-26\" target=\"_blank\" rel=\"noreferrer noopener\">[24]<\/a>&nbsp;Commonly cited reasons for not using bitcoin include high costs, the inability to process&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Chargeback\" target=\"_blank\" rel=\"noreferrer noopener\">chargebacks<\/a>, high&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Volatility_%28finance%29\" target=\"_blank\" rel=\"noreferrer noopener\">price volatility<\/a>, long transaction times, and&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Transaction_cost\" target=\"_blank\" rel=\"noreferrer noopener\">transaction fees<\/a>&nbsp;(especially for small purchases).<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-FT08062018-113\" target=\"_blank\" rel=\"noreferrer noopener\">[111]<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-116\" target=\"_blank\" rel=\"noreferrer noopener\">[114]<\/a>&nbsp;<em>Bloomberg<\/em>&nbsp;reported that bitcoin was being used for large-item purchases on the site&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Overstock.com\" target=\"_blank\" rel=\"noreferrer noopener\">Overstock.com<\/a>&nbsp;and for cross-border payments to&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Freelancer\" target=\"_blank\" rel=\"noreferrer noopener\">freelancers<\/a>.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-117\" target=\"_blank\" rel=\"noreferrer noopener\">[115]<\/a>&nbsp;As of 2015, there was little sign of bitcoin use in international&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Remittance\" target=\"_blank\" rel=\"noreferrer noopener\">remittances<\/a>&nbsp;despite high fees charged by banks and&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Western_Union\" target=\"_blank\" rel=\"noreferrer noopener\">Western Union<\/a>&nbsp;who compete in this market.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-JEP-26\" target=\"_blank\" rel=\"noreferrer noopener\">[24]<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-118\" target=\"_blank\" rel=\"noreferrer noopener\">[116]<\/a>&nbsp;Despite associated risks and costs, in 2022, a growing use of bitcoin, alongside cash and cards, was reported in restaurant business.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-119\" target=\"_blank\" rel=\"noreferrer noopener\">[117]<\/a><br>\u3010\u53c2\u8003\u8bd1\u6587\u3011\u622a\u81f32018\u5e74\uff0c\u6bd4\u7279\u5e01\u5f88\u5c11\u88ab\u7528\u4e8e\u4e0e\u5546\u5bb6\u7684\u4ea4\u6613\uff0c[111]\u4f46\u5b83\u5728\u7f51\u4e0a\u8d2d\u4e70\u975e\u6cd5\u5546\u54c1\u65b9\u9762\u5374\u5f88\u53d7\u6b22\u8fce\u3002[112][113]\u4ef7\u683c\u901a\u5e38\u4e0d\u4ee5\u6bd4\u7279\u5e01\u62a5\u4ef7\uff0c\u4ea4\u6613\u6d89\u53ca\u5151\u6362\u6210\u6cd5\u5b9a\u8d27\u5e01\u3002[24]\u4e0d\u4f7f\u7528\u6bd4\u7279\u5e01\u7684\u5e38\u89c1\u539f\u56e0\u5305\u62ec\u6210\u672c\u9ad8\u3001\u65e0\u6cd5\u5904\u7406\u9000\u6b3e\u3001\u4ef7\u683c\u6ce2\u52a8\u5927\u3001\u4ea4\u6613\u65f6\u95f4\u957f\u4ee5\u53ca\u4ea4\u6613\u8d39\u7528\u9ad8\uff08\u5c24\u5176\u662f\u5c0f\u989d\u8d2d\u4e70\u65f6\uff09\u3002[111][114]\u636e\u5f6d\u535a\u793e\u62a5\u9053\uff0c\u6bd4\u7279\u5e01\u88ab\u7528\u4e8e<a href=\"https:\/\/link.zhihu.com\/?target=http%3A\/\/Overstock.com\" target=\"_blank\" rel=\"noreferrer noopener\">http:\/\/Overstock.com<\/a>\u7f51\u7ad9\u4e0a\u7684\u5927\u4ef6\u5546\u54c1\u8d2d\u4e70\u4ee5\u53ca\u5411\u81ea\u7531\u804c\u4e1a\u8005\u652f\u4ed8\u8de8\u5883\u6b3e\u9879\u3002[115]\u5c3d\u7ba1\u94f6\u884c\u548c\u897f\u8054\u6c47\u6b3e\u7b49\u5728\u8be5\u5e02\u573a\u76f8\u4e92\u7ade\u4e89\u7684\u673a\u6784\u6536\u53d6\u9ad8\u6602\u8d39\u7528\uff0c\u4f46\u622a\u81f32015\u5e74\uff0c\u56fd\u9645\u6c47\u6b3e\u4e2d\u4f7f\u7528\u6bd4\u7279\u5e01\u7684\u8ff9\u8c61\u4ecd\u7136\u5f88\u5c11\u3002[24][116]\u5c3d\u7ba1\u5b58\u5728\u76f8\u5173\u98ce\u9669\u548c\u6210\u672c\uff0c\u4f46\u636e\u62a5\u9053\uff0c2022\u5e74\u9910\u996e\u4e1a\u5bf9\u6bd4\u7279\u5e01\u7684\u4f7f\u7528\u6b63\u5728\u589e\u52a0\uff0c\u4e0e\u73b0\u91d1\u548c\u94f6\u884c\u5361\u5e76\u9a7e\u9f50\u9a71\u3002[117]<\/p>\n\n\n\n<p>In September 2021, the&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin_Law\" target=\"_blank\" rel=\"noreferrer noopener\">Bitcoin Law<\/a>&nbsp;made bitcoin&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Legal_tender\" target=\"_blank\" rel=\"noreferrer noopener\">legal tender<\/a>&nbsp;in&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/El_Salvador\" target=\"_blank\" rel=\"noreferrer noopener\">El Salvador<\/a>, alongside the US dollar.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-BTCSVSept7FT-6\" target=\"_blank\" rel=\"noreferrer noopener\">[4]<\/a>&nbsp;The adoption has been criticized internationally and within El Salvador.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-BTCSVSept7FT-6\" target=\"_blank\" rel=\"noreferrer noopener\">[4]<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-120\" target=\"_blank\" rel=\"noreferrer noopener\">[118]<\/a>&nbsp;In 2022, the&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/International_Monetary_Fund\" target=\"_blank\" rel=\"noreferrer noopener\">International Monetary Fund<\/a>&nbsp;(IMF) urged El Salvador to reverse its decision.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-121\" target=\"_blank\" rel=\"noreferrer noopener\">[119]<\/a>&nbsp;As of 2022, the use of&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin_in_El_Salvador\" target=\"_blank\" rel=\"noreferrer noopener\">Bitcoin in El Salvador<\/a>&nbsp;remains low: 80% of businesses refused to accept it.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-122\" target=\"_blank\" rel=\"noreferrer noopener\">[120]<\/a>&nbsp;In April 2022, the&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Central_African_Republic\" target=\"_blank\" rel=\"noreferrer noopener\">Central African Republic<\/a>&nbsp;(CAR) adopted bitcoin as legal tender alongside the&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/CFA_franc\" target=\"_blank\" rel=\"noreferrer noopener\">CFA franc<\/a>,<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-123\" target=\"_blank\" rel=\"noreferrer noopener\">[121]<\/a>&nbsp;but repealed the reform one year later.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-124\" target=\"_blank\" rel=\"noreferrer noopener\">[122]<\/a><br>\u3010\u53c2\u8003\u8bd1\u6587\u30112021\u5e749\u6708\uff0c\u300a\u6bd4\u7279\u5e01\u6cd5\u300b\u4f7f\u6bd4\u7279\u5e01\u4e0e\u7f8e\u5143\u4e00\u8d77\u5728\u8428\u5c14\u74e6\u591a\u6210\u4e3a\u6cd5\u5b9a\u8d27\u5e01\u3002[4]\u8fd9\u4e00\u4e3e\u63aa\u5728\u56fd\u9645\u4e0a\u548c\u8428\u5c14\u74e6\u591a\u56fd\u5185\u90fd\u53d7\u5230\u4e86\u6279\u8bc4\u3002[4][118]2022\u5e74\uff0c\u56fd\u9645\u8d27\u5e01\u57fa\u91d1\u7ec4\u7ec7\uff08IMF\uff09\u6566\u4fc3\u8428\u5c14\u74e6\u591a\u64a4\u9500\u8fd9\u4e00\u51b3\u5b9a\u3002[119]\u622a\u81f32022\u5e74\uff0c\u6bd4\u7279\u5e01\u5728\u8428\u5c14\u74e6\u591a\u7684\u4f7f\u7528\u7387\u4ecd\u7136\u5f88\u4f4e\uff1a80%\u7684\u4f01\u4e1a\u62d2\u7edd\u63a5\u53d7\u6bd4\u7279\u5e01\u3002[120]2022\u5e744\u6708\uff0c\u4e2d\u975e\u5171\u548c\u56fd\uff08CAR\uff09\u91c7\u7eb3\u6bd4\u7279\u5e01\u4e3a\u4e0e\u4e2d\u975e\u91d1\u878d\u5408\u4f5c\u6cd5\u90ce\u5e76\u5217\u7684\u6cd5\u5b9a\u8d27\u5e01\uff0c[121]\u4f46\u4e00\u5e74\u540e\u5e9f\u9664\u4e86\u8fd9\u9879\u6539\u9769\u3002[122]<\/p>\n\n\n\n<p>Bitcoin is also used by some governments. For instance, the&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Government_of_Iran\" target=\"_blank\" rel=\"noreferrer noopener\">Iranian government<\/a>&nbsp;initially opposed cryptocurrencies, but later saw them as an opportunity to circumvent&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Sanctions_against_Iran\" target=\"_blank\" rel=\"noreferrer noopener\">sanctions<\/a>.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-125\" target=\"_blank\" rel=\"noreferrer noopener\">[123]<\/a>&nbsp;Since 2020, Iran has required local bitcoin miners to sell bitcoin to the&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Central_Bank_of_Iran\" target=\"_blank\" rel=\"noreferrer noopener\">Central Bank of Iran<\/a>, allowing the central bank to use it for imports.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-aawsat202011-126\" target=\"_blank\" rel=\"noreferrer noopener\">[124]<\/a>&nbsp;Some&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Administrative_division\" target=\"_blank\" rel=\"noreferrer noopener\">constituent states<\/a>&nbsp;also accept tax payments in bitcoin, including&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Colorado\" target=\"_blank\" rel=\"noreferrer noopener\">Colorado<\/a>&nbsp;(<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/The_US\" target=\"_blank\" rel=\"noreferrer noopener\">US<\/a>)<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-127\" target=\"_blank\" rel=\"noreferrer noopener\">[125]<\/a>&nbsp;and&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Canton_of_Zug\" target=\"_blank\" rel=\"noreferrer noopener\">Zug<\/a>&nbsp;(<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Switzerland\" target=\"_blank\" rel=\"noreferrer noopener\">Switzerland<\/a>).<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-128\" target=\"_blank\" rel=\"noreferrer noopener\">[126]<\/a>&nbsp;As of 2023, the US government owned more than $5 billion worth of seized bitcoin.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-129\" target=\"_blank\" rel=\"noreferrer noopener\">[127]<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-130\" target=\"_blank\" rel=\"noreferrer noopener\">[128]<\/a><br>\u3010\u53c2\u8003\u8bd1\u6587\u3011\u4e00\u4e9b\u653f\u5e9c\u4e5f\u5728\u4f7f\u7528\u6bd4\u7279\u5e01\u3002\u4f8b\u5982\uff0c\u4f0a\u6717\u653f\u5e9c\u6700\u521d\u53cd\u5bf9\u52a0\u5bc6\u8d27\u5e01\uff0c\u4f46\u540e\u6765\u5c06\u5176\u89c6\u4e3a\u7ed5\u8fc7\u5236\u88c1\u7684\u673a\u4f1a\u3002[123]\u81ea2020\u5e74\u4ee5\u6765\uff0c\u4f0a\u6717\u8981\u6c42\u5f53\u5730\u6bd4\u7279\u5e01\u77ff\u5de5\u5c06\u6bd4\u7279\u5e01\u51fa\u552e\u7ed9\u4f0a\u6717\u4e2d\u592e\u94f6\u884c\uff0c\u5141\u8bb8\u8be5\u4e2d\u592e\u94f6\u884c\u5c06\u5176\u7528\u4e8e\u8fdb\u53e3\u3002[124]\u4e00\u4e9b\u5dde\u4e5f\u63a5\u53d7\u6bd4\u7279\u5e01\u7f34\u7eb3\u7a0e\u6b3e\uff0c\u5305\u62ec\u7f8e\u56fd\u79d1\u7f57\u62c9\u591a\u5dde[125]\u548c\u745e\u58eb\u695a\u683c\u5dde\u3002[126]\u622a\u81f32023\u5e74\uff0c\u7f8e\u56fd\u653f\u5e9c\u62e5\u6709\u4ef7\u503c\u8d85\u8fc750\u4ebf\u7f8e\u5143\u7684\u6ca1\u6536\u6bd4\u7279\u5e01\u3002[127][128]<\/p>\n\n\n\n<p>\u6bd4\u7279\u5e01\u4ecd\u7136\u6709\u5408\u6cd5\u6216\u6b63\u5f53\u7684\u7528\u9014\u3002\u6709\u591a\u79cd\u9014\u5f84\u4f7f\u7528\u6bd4\u7279\u5e01\uff0c\u901a\u8fc7<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E7%2594%25B5%25E5%25AD%2590%25E8%25B4%25A7%25E5%25B8%2581\" target=\"_blank\" rel=\"noreferrer noopener\">\u7535\u5b50\u8d27\u5e01<\/a>\u4ea4\u6613\u6240\u3001\u6bd4\u7279\u5e01\u63d0\u6b3e\u673a<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-160\" target=\"_blank\" rel=\"noreferrer noopener\">[155]<\/a>\u3001\u670d\u52a1\u5546\u548c\u4e2a\u4eba\u7b49\u6e20\u9053\uff0c\u5c31\u80fd\u5151\u6362\u4e3a\u5f53\u5730\u7684<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E7%258E%25B0%25E9%2587%2591\" target=\"_blank\" rel=\"noreferrer noopener\">\u73b0\u91d1<\/a>\u6216<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E9%2587%2591%25E5%25B8%2581\" target=\"_blank\" rel=\"noreferrer noopener\">\u91d1\u5e01<\/a>\u6216\u4ee5\u73b0\u91d1\u6216\u91d1\u5e01\u8d2d\u4e70\u6bd4\u7279\u5e01\uff1b\u4e5f\u53ef\u4ee5\u76f4\u63a5\u4f7f\u7528\u5b83\u8d2d\u4e70\u7269\u54c1\u548c\u670d\u52a1\uff0c\u6216\u4f7f\u7528\u6bd4\u7279\u5e01<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E9%2587%2591%25E8%259E%258D%25E5%258D%25A1\" target=\"_blank\" rel=\"noreferrer noopener\">\u91d1\u878d\u5361<\/a>\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-161\" target=\"_blank\" rel=\"noreferrer noopener\">[156]<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-162\" target=\"_blank\" rel=\"noreferrer noopener\">[157]<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-163\" target=\"_blank\" rel=\"noreferrer noopener\">[158]<\/a>\u7279\u522b\u7ee7<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E7%25BB%25B4%25E5%259F%25BA%25E8%25A7%25A3%25E5%25AF%2586\" target=\"_blank\" rel=\"noreferrer noopener\">\u7ef4\u57fa\u89e3\u5bc6<\/a>\u5ba3\u5e03\u63a5\u53d7\u6bd4\u7279\u5e01\u6350\u52a9\u540e\uff0c\u8ba4\u53ef\u4f7f\u7528\u6bd4\u7279\u5e01\u7684\u4e2a\u4eba\u3001\u7ec4\u7ec7\u548c\u4f01\u4e1a\u8fc5\u731b\u589e\u957f\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-164\" target=\"_blank\" rel=\"noreferrer noopener\">[159]<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-165\" target=\"_blank\" rel=\"noreferrer noopener\">[160]<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-166\" target=\"_blank\" rel=\"noreferrer noopener\">[161]<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/coinmap.org\/\" target=\"_blank\" rel=\"noreferrer noopener\">Coinmap<\/a>\uff08<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/web.archive.org\/web\/20160208090748\/https%3A\/\/coinmap.org\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u9875\u9762\u5b58\u6863\u5907\u4efd<\/a>\uff0c\u5b58\u4e8e<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E4%25BA%2592%25E8%2581%2594%25E7%25BD%2591%25E6%25A1%25A3%25E6%25A1%2588%25E9%25A6%2586\" target=\"_blank\" rel=\"noreferrer noopener\">\u4e92\u8054\u7f51\u6863\u6848\u9986<\/a>\uff09\u662f\u4e00\u4e2a\u4e13\u95e8\u6536\u5f55\u5168\u7403\u8303\u56f4\u5185\u63a5\u53d7\u6bd4\u7279\u5e01\u652f\u4ed8\u7684\u5b9e\u4f53\u5546\u5bb6\u7f51\u7ad9\uff0c\u6bd4\u7279\u5e01\u7ef4\u57fa\u6709\u4e00\u4e2a\u7f51\u9875\u5219\u5217\u51fa\u4e86\u63a5\u53d7\u6bd4\u7279\u5e01\u652f\u4ed8\u7684\u5408\u6cd5\u7f51\u7edc\u5546\u5bb6\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-167\" target=\"_blank\" rel=\"noreferrer noopener\">[162]<\/a>&nbsp;\u968f\u7740\u6bd4\u7279\u5e01<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E9%2587%2591%25E8%259E%258D%25E5%258D%25A1\" target=\"_blank\" rel=\"noreferrer noopener\">\u91d1\u878d\u5361<\/a>\u7684\u6fc0\u6d3b\uff0c\u5373\u4f7f\u5546\u5bb6\u4e0d\u63a5\u53d7\u6bd4\u7279\u5e01\uff0c\u4ecd\u7136\u53ef\u4ee5\u4f9d\u7167\u6bd4\u7279\u5e01\u4e0e\u6cd5\u5e01\u7684\u5373\u65f6\u6c47\u7387\uff0c\u800c\u4ee5\u6bd4\u7279\u5e01\u4ed8\u6b3e\uff0c\u72b9\u5982\u5237\u4eba\u6c11\u5e01\u8d26\u6237\u7684\u91d1\u878d\u5361\u652f\u4ed8\u5916\u5e01\uff08\u7f8e\u5143\u3001\u6b27\u5143\u7b49\uff09\u6d88\u8d39\uff0c\u4ecd\u7136\u53ef\u4ee5\u4f9d\u7167\u8be5\u5916\u5e01\u4e0e\u4eba\u6c11\u5e01\u7684\u5373\u65f6\u6c47\u7387\uff0c\u800c\u4ece\u4eba\u6c11\u5e01\u7684\u5b58\u6b3e\u8d26\u6237\u6263\u6b3e\u6765\u5b8c\u6210\u4ed8\u6b3e\uff0c\u8fd9\u6837\u5546\u5bb6\u53ea\u8981\u652f\u6301Visa \u6216 Mastercard\u7b49<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E4%25BF%25A1%25E7%2594%25A8%25E5%258D%25A1\" target=\"_blank\" rel=\"noreferrer noopener\">\u4fe1\u7528\u5361<\/a>\uff0c\u6216\u662f<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/Apple_Pay\" target=\"_blank\" rel=\"noreferrer noopener\">Apple Pay<\/a>\u7b49<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E8%25A1%258C%25E5%258B%2595%25E6%2594%25AF%25E4%25BB%2598\" target=\"_blank\" rel=\"noreferrer noopener\">\u79fb\u52a8\u652f\u4ed8<\/a>\u529f\u80fd\u8005\u7686\u80fd\u4f7f\u7528\uff0c<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-168\" target=\"_blank\" rel=\"noreferrer noopener\">[163]<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-169\" target=\"_blank\" rel=\"noreferrer noopener\">[164]<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-170\" target=\"_blank\" rel=\"noreferrer noopener\">[165]<\/a>\uff0c\u4f7f\u7528\u8303\u56f4\u5c31\u80fd\u4ece\u76f4\u63a5\u63a5\u53d7\u6bd4\u7279\u5e01\u76841\u4e07\u5546\u5bb6\uff0c\u5927\u5e45\u6269\u5927\u5230\u5305\u62ec\u7f51\u7edc\u8d2d\u7269\u3001\u5356\u573a\u8d2d\u7269\u3001\u9910\u5385\u548c\u5496\u5561\u5385\u7528\u9910\u3001\u642d\u4e58\u4ea4\u901a\u5de5\u5177\u3001\u52a0\u6cb9\u7ad9\u52a0\u6cb9\u7b49\u6570\u5343\u4e07\u4e2a\u5546\u5bb6\uff08Visa 2,900\u4e07\u3001MasterCard 3,200\u4e07\u4e2a\uff09\uff0c\u5982\u679c\u8bb8\u53ef\uff0c\u5e76\u53ef\u4f7f\u7528\u4e16\u754c\u5404\u5730\u903e3\u5343\u591a\u4e07\u53f0\u4e00\u822c\u6cd5\u5e01ATM\uff0c\u4ee5\u6bd4\u7279\u5e01\u63d0\u9886\u5f53\u5730\u73b0\u91d1\u4f7f\u7528<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-171\" target=\"_blank\" rel=\"noreferrer noopener\">[166]<\/a>\u3002<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>3.3.1 \u63a5\u53d7\u6bd4\u7279\u5e01\u7684\u975e\u8425\u5229\u7ec4\u7ec7<\/strong><\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>2011\u5e746\u6708\uff0c<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/Freenet\" target=\"_blank\" rel=\"noreferrer noopener\">\u81ea\u7531\u7f51<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-172\" target=\"_blank\" rel=\"noreferrer noopener\">[167]<\/a>\u3001<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/w\/index.php%3Ftitle%3D%25E6%25A9%259F%25E5%2599%25A8%25E6%2599%25BA%25E8%2583%25BD%25E7%25A0%2594%25E7%25A9%25B6%25E6%2589%2580%25E3%2580%2581%26action%3Dedit%26redlink%3D1\" target=\"_blank\" rel=\"noreferrer noopener\">\u673a\u5668\u667a\u80fd\u7814\u7a76\u6240\u3001<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-173\" target=\"_blank\" rel=\"noreferrer noopener\">[168]<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/Internet_Archive\" target=\"_blank\" rel=\"noreferrer noopener\">\u4e92\u8054\u7f51\u6863\u6848\u9986<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-174\" target=\"_blank\" rel=\"noreferrer noopener\">[169]<\/a>\u3001<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/Free_Software_Foundation\" target=\"_blank\" rel=\"noreferrer noopener\">\u81ea\u7531\u8f6f\u4ef6\u57fa\u91d1\u4f1a<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-175\" target=\"_blank\" rel=\"noreferrer noopener\">[170]<\/a>\u4ee5\u53ca\u5176\u4ed6\u7684\u4e00\u4e9b\u7ec4\u7ec7\uff0c\u5f00\u59cb\u63a5\u53d7\u6bd4\u7279\u5e01\u7684\u6350\u8d60\u3002<\/li>\n\n\n\n<li>2011\u5e746\u6708\uff0c<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E7%2594%25B5%25E5%25AD%2590%25E5%2589%258D%25E5%2593%25A8%25E5%259F%25BA%25E9%2587%2591%25E4%25BC%259A\" target=\"_blank\" rel=\"noreferrer noopener\">\u7535\u5b50\u524d\u54e8\u57fa\u91d1\u4f1a<\/a>\u4e5f\u63a5\u53d7\u4e86\u4e00\u6bb5\u65f6\u95f4\u7684\u6bd4\u7279\u5e01\u6350\u8d60\u4f46\u662f\u968f\u540e\u5ba3\u5e03\u505c\u6b62\u8fd9\u6837\u505a\uff0c\u56e0\u4e3a\u6bd4\u7279\u5e01\u8fd9\u6837\u7684\u8d27\u5e01\u7cfb\u7edf\u5728\u5386\u53f2\u4e0a\u6ca1\u6709\u5148\u4f8b\uff0c\u5bf9\u4e8e\u5176\u6cd5\u5f8b\u524d\u666f\u7684\u4e0d\u786e\u5b9a\u6027\u611f\u5230\u62c5\u5fc3\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-176\" target=\"_blank\" rel=\"noreferrer noopener\">[171]<\/a><\/li>\n\n\n\n<li>2011\u5e7411\u6708\uff0c<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/WordPress\" target=\"_blank\" rel=\"noreferrer noopener\">WordPress<\/a>\u5ba3\u5e03\u63a5\u53d7\u6bd4\u7279\u5e01\u4ed8\u6b3e\u3002\u58f0\u660e\u8bf4<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E8%2582%25AF%25E5%25B0%25BC%25E4%25BA%259A\" target=\"_blank\" rel=\"noreferrer noopener\">\u80af\u5c3c\u4e9a<\/a>\u3001<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25B5%25B7%25E5%259C%25B0\" target=\"_blank\" rel=\"noreferrer noopener\">\u6d77\u5730<\/a>\u548c<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E5%258F%25A4%25E5%25B7%25B4\" target=\"_blank\" rel=\"noreferrer noopener\">\u53e4\u5df4<\/a>\u7b49\u5730\u533a\u906d\u53d7\u56fd\u9645\u652f\u4ed8\u7cfb\u7edf\u7684\u5c01\u9501\uff0c\u6bd4\u7279\u5e01\u53ef\u4ee5\u5e2e\u52a9\u8fd9\u4e00\u5730\u533a\u7684\u4e92\u8054\u7f51\u7528\u6237\u8d2d\u4e70\u670d\u52a1\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-177\" target=\"_blank\" rel=\"noreferrer noopener\">[172]<\/a><\/li>\n\n\n\n<li>2013\u5e744\u6708\uff0c\u4e2d\u56fd\u56db\u5ddd\u7701<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E9%259B%2585%25E5%25AE%2589%25E5%259C%25B0%25E9%259C%2587\" target=\"_blank\" rel=\"noreferrer noopener\">\u96c5\u5b89\u5730\u9707<\/a>\u540e\uff0c\u516c\u52df\u57fa\u91d1<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E5%25A3%25B9%25E5%259F%25BA%25E9%2587%2591\" target=\"_blank\" rel=\"noreferrer noopener\">\u58f9\u57fa\u91d1<\/a>\u5ba3\u5e03\u63a5\u53d7\u6bd4\u7279\u5e01\u4f5c\u4e3a\u5730\u9707\u6350\u6b3e\u3002\u5f53\u65f6\u5df2\u6536\u5230\u610f\u5411\u6350\u8d6050\u6bd4\u7279\u5e01\uff08\u6309\u7167\u5f53\u65f6\u6c47\u7387\uff0c\u6298\u5408\u4eba\u6c11\u5e014\u4e07\uff09\u00a0<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-178\" target=\"_blank\" rel=\"noreferrer noopener\">[173]<\/a><\/li>\n\n\n\n<li>2013\u5e745\u6708\uff0c<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E7%2594%25B5%25E5%25AD%2590%25E5%2589%258D%25E5%2593%25A8%25E5%259F%25BA%25E9%2587%2591%25E4%25BC%259A\" target=\"_blank\" rel=\"noreferrer noopener\">\u7535\u5b50\u524d\u54e8\u57fa\u91d1\u4f1a<\/a>\u5ba3\u5e03\uff0c\u5728\u7814\u7a76\u7f8e\u56fd\u8d22\u653f\u90e8\u91d1\u878d\u72af\u7f6a\u6267\u6cd5\u7cfb\u7edf\u53d1\u5e03\u7684\u865a\u62df\u8d27\u5e01\u4e2a\u4eba\u7ba1\u7406\u300a\u6761\u4f8b\u300b\u540e\uff0c\u628a\u6bd4\u7279\u5e01\u548c\u6c7d\u8f66\u4e00\u6837\uff0c\u5f53\u4f5c\u793c\u7269\u91cd\u65b0\u63a5\u53d7\u6350\u8d60\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-auto-179\" target=\"_blank\" rel=\"noreferrer noopener\">[174]<\/a><\/li>\n\n\n\n<li>2014\u5e742\u6708\uff0c\u82f1\u683c\u5170\u5317\u90e8\u7684<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E5%259D%258E%25E5%25B8%2583%25E9%2587%258C%25E4%25BA%259E%25E5%25A4%25A7%25E5%25AD%25B8\" target=\"_blank\" rel=\"noreferrer noopener\">\u574e\u5e03\u91cc\u4e9a\u5927\u5b66<\/a>\u636e\u4fe1\u5df2\u7ecf\u6210\u4e3a\u5168\u4e16\u754c\u7b2c\u4e00\u6240\u63a5\u53d7\u865a\u62df\u8d27\u5e01\u6bd4\u7279\u5e01\u4f5c\u4e3a\u5b66\u8d39\u7684\u516c\u7acb\u5927\u5b66\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-180\" target=\"_blank\" rel=\"noreferrer noopener\">[175]<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E7%25BB%25B4%25E5%259F%25BA%25E5%25AA%2592%25E4%25BD%2593%25E5%259F%25BA%25E9%2587%2591%25E4%25BC%259A\" target=\"_blank\" rel=\"noreferrer noopener\">\u7ef4\u57fa\u5a92\u4f53\u57fa\u91d1\u4f1a<\/a>\u901a\u8fc7<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/BitPay\" target=\"_blank\" rel=\"noreferrer noopener\">BitPay<\/a>\u63a5\u53d7\u6bd4\u7279\u5e01\u548c<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B9%25A3%25E7%258F%25BE%25E9%2587%2591\" target=\"_blank\" rel=\"noreferrer noopener\">\u6bd4\u7279\u5e01\u73b0\u91d1<\/a>\u6350\u6b3e\uff0c\u4e0d\u8fc7\u4e0d\u4fdd\u7559\u6240\u5f97\u6bd4\u7279\u5e01\uff0c\u4ec5\u5c06\u5176\u5151\u6362\u4e3a<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E7%25BE%258E%25E5%2585%2583\" target=\"_blank\" rel=\"noreferrer noopener\">\u7f8e\u5143<\/a>\u4f7f\u7528<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-181\" target=\"_blank\" rel=\"noreferrer noopener\">[176]<\/a>\u3002<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>3.3.2 \u63a5\u53d7\u6bd4\u7279\u5e01\u7684\u4f01\u4e1a<\/strong><\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>LaCie\u516c\u53f8\u662f\u4e00\u95f4\u4e0a\u5e02\u516c\u53f8\uff0c\u63a5\u53d7\u6bd4\u7279\u5e01\u4f5c\u4e3a\u5176Wuala\u670d\u52a1\u7684\u4ed8\u6b3e\u65b9\u5f0f\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-182\" target=\"_blank\" rel=\"noreferrer noopener\">[177]<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E5%258C%25BF%25E5%2590%258D\" target=\"_blank\" rel=\"noreferrer noopener\">\u533f\u540d<\/a>\u7ec4\u7ec7&#8221;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/LulzSec\" target=\"_blank\" rel=\"noreferrer noopener\">LulzSec<\/a>&#8220;\u5ba3\u5e03\u63a5\u53d7\u6bd4\u7279\u5e01\u6350\u8d60\u3002\u4ed6\u4eec\u5ba3\u79f0\u8bf4\u8be5<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E5%258C%25BF%25E5%2590%258D\" target=\"_blank\" rel=\"noreferrer noopener\">\u533f\u540d<\/a>\u56e2\u4f53\u201c\u9700\u8981\u6bd4\u7279\u5e01\u6350\u8d60\u4ee5\u4fbf\u7ee7\u7eed\u4ed6\u4eec\u7684\u4e8b\u4e1a\u3002\u201d<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-CNET-183\" target=\"_blank\" rel=\"noreferrer noopener\">[178]<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-184\" target=\"_blank\" rel=\"noreferrer noopener\">[179]<\/a><\/li>\n\n\n\n<li>2013\u5e741\u6708\uff0c\u5728\u7ebf\u6e38\u620f\u5546<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/Zynga\" target=\"_blank\" rel=\"noreferrer noopener\">Zynga<\/a>\u5ba3\u5e03\u5c06\u652f\u6301\u6bd4\u7279\u5e01\u4ed8\u6b3e\u3002<\/li>\n\n\n\n<li>2013\u5e743\u67085\u65e5\uff0c<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/Namecheap\" target=\"_blank\" rel=\"noreferrer noopener\">Namecheap<\/a>\u5ba3\u5e03\u5f00\u59cb\u63a5\u53d7\u6bd4\u7279\u5e01\u652f\u4ed8\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-185\" target=\"_blank\" rel=\"noreferrer noopener\">[180]<\/a><\/li>\n\n\n\n<li>2013\u5e744\u6708\uff0c\u6d77\u76d7\u6e7e\u3001EZTV\u7b49\u5f00\u59cb\u63a5\u53d7\u6bd4\u7279\u5e01\u6350\u6b3e\u3002<\/li>\n\n\n\n<li>2013\u5e745\u6708\uff0c<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E5%25AF%258C%25E6%25AF%2594%25E5%25A3%25AB\" target=\"_blank\" rel=\"noreferrer noopener\">\u798f\u5e03\u65af<\/a>\u516c\u5e03\u4e86\u300a\u63a5\u53d7\u6bd4\u7279\u5e01\u4ea4\u6613\u7684\u5341\u5927\u7f51\u7ad9\u300b\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-186\" target=\"_blank\" rel=\"noreferrer noopener\">[181]<\/a><\/li>\n\n\n\n<li>2013\u5e746\u6708\uff0c<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/PayPal\" target=\"_blank\" rel=\"noreferrer noopener\">PayPal<\/a>\u7981\u6b62\u666e\u901a\u5546\u5bb6\u51fa\u552e\u6bd4\u7279\u5e01\u3002\u4f462014\u5e749\u6708\uff0cPaypal\u53c8\u5ba3\u5e03\u901a\u8fc7PayPal Payments Hub\u63a5\u53d7\u6bd4\u7279\u5e01\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-187\" target=\"_blank\" rel=\"noreferrer noopener\">[182]<\/a><\/li>\n\n\n\n<li>2013\u5e7410\u6708\uff0c\u4e16\u754c\u7b2c\u4e00\u53f0\u6bd4\u7279\u5e01<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AB%2583%25E5%2593%25A1%25E6%25A9%259F\" target=\"_blank\" rel=\"noreferrer noopener\">\u67dc\u5458\u673a<\/a>\u5728<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E5%258A%25A0%25E6%258B%25BF%25E5%25A4%25A7\" target=\"_blank\" rel=\"noreferrer noopener\">\u52a0\u62ff\u5927<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25BA%25AB%25E5%2593%25A5%25E8%258F%25AF\" target=\"_blank\" rel=\"noreferrer noopener\">\u6e29\u54e5\u534e<\/a>\u51fa\u73b0\uff0c\u5141\u8bb8\u7528\u6237\u628a\u6bd4\u7279\u5e01\u5151\u6362\u6210\u4e3a<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E5%258A%25A0%25E5%2585%2583\" target=\"_blank\" rel=\"noreferrer noopener\">\u52a0\u5143<\/a>\u63d0\u53d6\uff0c\u6bcf\u5929\u6700\u9ad8\u4e0a\u9650\u4e3a3\u5343\u52a0\u5143\uff1b\u53e6\u4e00\u65b9\u9762\uff0c\u7528\u6237\u4ea6\u53ef\u4ee5\u900f\u8fc7\u5b58\u5165\u73b0\u91d1\u8d2d\u5165\u6bd4\u7279\u5e01<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-188\" target=\"_blank\" rel=\"noreferrer noopener\">[183]<\/a>\u00a0\uff0c\u52302017\u5e745\u6708\uff0c\u5168\u7403\u6bd4\u7279\u5e01\u67dc\u5458\u673a\u6570\u91cf\u5230\u8fbe1167\u53f0\uff0c\u5206\u5e03\u572858\u4e2a\u56fd\u5bb6<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-189\" target=\"_blank\" rel=\"noreferrer noopener\">[184]<\/a>\u3002<\/li>\n\n\n\n<li><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E8%2582%25AF%25E5%25B0%25BC%25E4%25BA%259A\" target=\"_blank\" rel=\"noreferrer noopener\">\u80af\u5c3c\u4e9a<\/a>\u521b\u4e1a\u5bb6\u548c<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E7%25A8%258B%25E5%25BA%258F%25E5%2591%2598\" target=\"_blank\" rel=\"noreferrer noopener\">\u7a0b\u5e8f\u5458<\/a>\u76ae\u5c14\u00b7\u5e03\u83b1\u6069\u8d3e\u5fb7\uff08Pelle Braendgaard\uff09\u63a8\u51fa\u4e86\u4e00\u4e2a\u6bd4\u7279\u5e01\u670d\u52a1Kipochi\u3002\u5728<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%2596%25AF%25E7%2593%25A6%25E5%25B8%258C%25E9%2587%258C%25E8%25AF%25AD\" target=\"_blank\" rel=\"noreferrer noopener\">\u65af\u74e6\u5e0c\u91cc\u8bed<\/a>\u4e2dKipochi\u7684\u610f\u601d\u5c31\u662f\u94b1\u5305\u3002Kipochi\u8ba9\u7528\u6237\u53ef\u4ee5\u7528<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/M-Pesa\" target=\"_blank\" rel=\"noreferrer noopener\">M-Pesa<\/a>\u8d2d\u4e70\u6bd4\u7279\u5e01\uff0c\u5e2e\u52a9\u5728\u56fd\u5916\u5de5\u4f5c\u7684\u80af\u5c3c\u4e9a\u4eba\u65e0\u9700\u652f\u4ed8\u9ad8\u989d<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E5%259C%258B%25E9%259A%259B%25E9%258A%2580%25E8%25A1%258C\" target=\"_blank\" rel=\"noreferrer noopener\">\u56fd\u9645\u94f6\u884c<\/a>\u8f6c\u8d26\u8d39\u5bc4\u94b1\u56de\u5bb6\u3002\u80af\u5c3c\u4e9a\u7684\u94f6\u884c\u8bbe\u65bd\u7a00\u5c11\uff0c\u4f46\u667a\u80fd<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%2589%258B%25E6%259C%25BA\" target=\"_blank\" rel=\"noreferrer noopener\">\u624b\u673a<\/a>\u51e0\u4e4e\u65e0\u5904\u4e0d\u5728\uff0c\u7531\u79fb\u52a8\u8fd0\u8425\u5546\u63a8\u51fa\u7684M-Pesa\u662f\u8be5\u56fd\u5e7f\u6cdb\u6d41\u884c\u7684\u79fb\u52a8\u652f\u4ed8\u7cfb\u7edf\uff0c\u5b83\u8ba9\u516c\u6c11\u53ef\u4ee5\u5f88\u5bb9\u6613\u7684<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E5%258C%25AF%25E6%25AC%25BE\" target=\"_blank\" rel=\"noreferrer noopener\">\u6c47\u6b3e<\/a>\u7ed9\u53e6\u4e00\u4e2a\u4eba<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-190\" target=\"_blank\" rel=\"noreferrer noopener\">[185]<\/a>\u3002<\/li>\n\n\n\n<li>Bitcoin Channel\u6307\u51fa\uff0c\u4e16\u754c\u6700\u5927\u7684\u7ade\u6807\u8d2d\u7269\u7f51\u7ad9<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/EBay\" target=\"_blank\" rel=\"noreferrer noopener\">eBay<\/a>\u4e0a\u7684\u67d0\u4e9b\u5e97\u94fa\u63a5\u53d7\u6bd4\u7279\u5e01\uff0c\u8fd8\u6709\u7ea6240\u5bb6\u5e97\u94fa\u51fa\u552e\u6bd4\u7279\u5e01\u670d\u52a1<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-191\" target=\"_blank\" rel=\"noreferrer noopener\">[186]<\/a>\u3002<\/li>\n\n\n\n<li>2014\u5e741\u67089\u65e5\uff0c\u7f8e\u56fd\u5927\u578b\u7f51\u7edc\u96f6\u552e\u5546Overstock\u6b63\u5f0f\u63a5\u53d7\u6bd4\u7279\u5e01\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-192\" target=\"_blank\" rel=\"noreferrer noopener\">[187]<\/a><\/li>\n\n\n\n<li>2014\u5e747\u6708\uff0c\u6bd4\u7279\u5e01\u53f0\u6e7e\u4ea4\u6362\u7f51 bitbarterex &#8211; \u6bd4\u7279\u5e01 \u4e0e \u5546\u54c1\u670d\u52a1\u4ea4\u6362 \u7684\u573a\u6240\u3002 \u7f51\u7ad9\u5df2\u66f4\u540d\u4e3a bitexc (<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/bitexc.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/bitexc.com\/<\/a>\u00a0\uff08<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/web.archive.org\/web\/20200722011634\/https%3A\/\/bitexc.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u9875\u9762\u5b58\u6863\u5907\u4efd<\/a>\uff0c\u5b58\u4e8e<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E4%25BA%2592%25E8%2581%2594%25E7%25BD%2591%25E6%25A1%25A3%25E6%25A1%2588%25E9%25A6%2586\" target=\"_blank\" rel=\"noreferrer noopener\">\u4e92\u8054\u7f51\u6863\u6848\u9986<\/a>\uff09 \uff08<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/web.archive.org\/web\/20200722011634\/https%3A\/\/bitexc.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u9875\u9762\u5b58\u6863\u5907\u4efd<\/a>\uff0c\u5b58\u4e8e<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E4%25BA%2592%25E8%2581%2594%25E7%25BD%2591%25E6%25A1%25A3%25E6%25A1%2588%25E9%25A6%2586\" target=\"_blank\" rel=\"noreferrer noopener\">\u4e92\u8054\u7f51\u6863\u6848\u9986<\/a>\uff09\uff09<\/li>\n\n\n\n<li>2014\u5e747\u670818\u65e5\uff0c<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%2588%25B4%25E5%25B0%2594\" target=\"_blank\" rel=\"noreferrer noopener\">\u6234\u5c14<\/a>\u5f00\u59cb\u63a5\u53d7\u6bd4\u7279\u5e01\u652f\u4ed8\uff0c\u4f46\u76ee\u524d\u56e0\u4f4e\u9700\u6c42\u800c\u505c\u6b62\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-193\" target=\"_blank\" rel=\"noreferrer noopener\">[188]<\/a><\/li>\n\n\n\n<li>2014\u5e7411\u6708\uff0c\u7f51\u7edc\u62a5\u5bfc\u5ba3\u79f0<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/Microsoft\" target=\"_blank\" rel=\"noreferrer noopener\">Microsoft<\/a>\u5fae\u8f6fXbox\u53ca\u7535\u5b50\u5316\u5546\u54c1\u5c06\u63a5\u53d7\u6bd4\u7279\u5e01\u652f\u4ed8\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-194\" target=\"_blank\" rel=\"noreferrer noopener\">[189]<\/a><\/li>\n\n\n\n<li>2016\u5e742\u6708\uff0c\u65e5\u672c\u6e38\u620f\u4e0e\u6210\u4eba\u5185\u5bb9\u5e73\u53f0<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/DMM.com\" target=\"_blank\" rel=\"noreferrer noopener\">DMM.com<\/a>\u5ba3\u5e03\u63a5\u53d7\u6bd4\u7279\u5e01\u652f\u4ed8\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-195\" target=\"_blank\" rel=\"noreferrer noopener\">[190]<\/a><\/li>\n\n\n\n<li>2016\u5e744\u6708\uff0c\u6e38\u620f\u5e73\u53f0\u00a0<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/Steam\" target=\"_blank\" rel=\"noreferrer noopener\">Steam<\/a>\u00a0\u5ba3\u5e03\u652f\u6301\u6bd4\u7279\u5e01\u652f\u4ed8\u3002\u4f46\u57282017\u5e7412\u6708\u5ba3\u5e03\u4e0d\u518d\u63a5\u53d7\u6bd4\u7279\u5e01\uff0c\u7406\u7531\u662f<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/w\/index.php%3Ftitle%3D%25E6%2589%258B%25E7%25BA%258C%25E8%25B2%25BB%26action%3Dedit%26redlink%3D1\" target=\"_blank\" rel=\"noreferrer noopener\">\u624b\u7eed\u8d39<\/a>\u66b4\u589e\u4e14\u5e01\u503c\u6ce2\u52a8\u5267\u70c8\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-196\" target=\"_blank\" rel=\"noreferrer noopener\">[191]<\/a><\/li>\n\n\n\n<li>2017\u5e744\u6708\uff0c\u65e5\u672c\u5bb6\u7535\u8fde\u9501\u5e97\u00a0<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/Bic_Camera\" target=\"_blank\" rel=\"noreferrer noopener\">Bic Camera<\/a>\u00a0\u5f00\u59cb\u63a5\u53d7\u6bd4\u7279\u5e01\u4ed8\u6b3e<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-197\" target=\"_blank\" rel=\"noreferrer noopener\">[192]<\/a>\u3002<\/li>\n\n\n\n<li>2017\u5e745\u6708\uff0c<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25A8%2582%25E6%25A1%2583%25E8%2588%25AA%25E7%25A9%25BA\" target=\"_blank\" rel=\"noreferrer noopener\">\u4e50\u6843\u822a\u7a7a<\/a>\u5ba3\u5e03\u5c06\u4e8e\u8be5\u5e74\u5e74\u5e95\u524d\u5f00\u653e\u4ee5\u6bd4\u7279\u5e01\u8d2d\u4e70<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25A9%259F%25E7%25A5%25A8\" target=\"_blank\" rel=\"noreferrer noopener\">\u673a\u7968<\/a>\uff0c\u6210\u4e3a\u65e5\u672c\u7b2c\u4e00\u5bb6\u63a5\u53d7\u6bd4\u7279\u5e01\u7684<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E8%2588%25AA%25E7%25A9%25BA%25E5%2585%25AC%25E5%258F%25B8\" target=\"_blank\" rel=\"noreferrer noopener\">\u822a\u7a7a\u516c\u53f8<\/a>\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-198\" target=\"_blank\" rel=\"noreferrer noopener\">[193]<\/a><\/li>\n\n\n\n<li>2019\u5e748\u6708\uff0c<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E5%25AF%25A6%25E6%2583%25A0%25E5%25AE%25B6%25E5%25B1%2585\" target=\"_blank\" rel=\"noreferrer noopener\">\u5b9e\u60e0\u5bb6\u5c45<\/a>\u5ba3\u5e03\u548c<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%2599%2582%25E5%25AF%258C%25E9%2587%2591%25E8%259E%258D%25E6%259C%258D%25E5%258B%2599\" target=\"_blank\" rel=\"noreferrer noopener\">\u65f6\u5bcc\u91d1\u878d\u670d\u52a1<\/a>\u96c6\u56e2\u65d7\u4e0b\u7684\u9cb6\u9c7c\u91d1\u878d\u79d1\u6280\uff08Weever FinTech\uff09\u53ca\u94b1\u65b9QFPay\u643a\u624b\u5408\u4f5c\uff0c\u6210\u4e3a\u9999\u6e2f\u9996\u5bb6\u5168\u7ebf\u63a5\u53d7\u6bd4\u7279\u5e01\u4ed8\u6b3e\u7684\u5927\u578b\u96f6\u552e\u8fde\u9501\u5e97\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-199\" target=\"_blank\" rel=\"noreferrer noopener\">[194]<\/a><\/li>\n\n\n\n<li>2021\u5e743\u6708\uff0c<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E4%25BC%258A%25E9%259A%2586%25C2%25B7%25E9%25A9%25AC%25E6%2596%25AF%25E5%2585%258B\" target=\"_blank\" rel=\"noreferrer noopener\">\u9a6c\u65af\u514b<\/a>\u5ba3\u5e03\u65d7\u4e0b\u6c7d\u8f66\u5236\u9020\u5546<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E7%2589%25B9%25E6%2596%25AF%25E6%258B%2589_%28%25E5%2585%25AC%25E5%258F%25B8%29\" target=\"_blank\" rel=\"noreferrer noopener\">Tesla<\/a>\u5141\u8bb8\u987e\u5ba2\u4ee5\u6bd4\u7279\u5e01\u8d2d\u4e70\u6c7d\u8f66\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-200\" target=\"_blank\" rel=\"noreferrer noopener\">[195]<\/a><\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>3.3.3 \u66fe\u63a5\u53d7\u6bd4\u7279\u5e01\u4f46\u76ee\u524d\u5df2\u505c\u6b62\u8425\u8fd0\u7684\u7f51\u7ad9<\/strong><\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E8%258F%25AF%25E7%25BE%25A9%25E5%259C%258B%25E9%259A%259B\" target=\"_blank\" rel=\"noreferrer noopener\">\u534e\u4e49\u56fd\u9645<\/a>\uff08\u4e00\u95f4\u53f0\u6e7e\u5728\u7ebf\u6e38\u620f\u516c\u53f8\uff09 \u6210\u7acb\u6bd4\u7279\u5e01\u4ea4\u6613\u5e73\u53f0\uff0c\u4f46\u76ee\u524d\u8be5\u7f51\u7ad9\u5df2\u505c\u6b62\u8425\u8fd0\u3002<\/li>\n\n\n\n<li>btcextw \u6bd4\u7279\u5e01\u53f0\u6e7e\u4ea4\u6613\u4e2d\u5fc3 (<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/web.archive.org\/web\/20140417145121\/http%3A\/\/www.btcextw.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/web.archive.org\/web\/20140417145121\/http:\/\/www.btcextw.com\/<\/a>) &#8211; \u6bd4\u7279\u5e01 \u4e0e \u6cd5\u5e01\u4ea4\u6362\u4ea4\u6613 \u7684\u573a\u6240\uff0c\u6ce8\u518c\u516c\u53f8\u4e3a \u5e8f\u80dc\u80a1\u4efd\u6709\u9650\u516c\u53f8\uff0c\u8be5\u516c\u53f8\u4e3a\u5f53\u65f6\u53f0\u6e7e\u4ea4\u6613\u91cf\u6700\u5927\u7684\u4ea4\u6613\u6240\uff0c\u4f46\u4e8e\u4e0a\u7ebf\u4e03\u4e2a\u6708\u540e\u7f51\u7ad9\u906d\u5230\u9ed1\u5ba2\u653b\u51fb\u5e76\u4e14\u635f\u5931\u7528\u6237\u50a8\u503c\u4e8e\u8be5\u7f51\u7ad9\u7684\u6bd4\u7279\u5e01\uff0c\u6700\u7ec8btcextw\u51fa\u9762\u8be6\u7ec6\u4ea4\u4ee3\u4e8b\u4ef6\u7684\u7ecf\u8fc7\u5e76\u4e14\u4e8e\u4e24\u65e5\u5185\u8d54\u507f\u6240\u6709\u7528\u6237\u635f\u5931\uff0c\u76ee\u524d\u8be5\u7f51\u7ad9\u5df2\u505c\u6b62\u8425\u8fd0\u3002<\/li>\n\n\n\n<li>YesBTC \u6bd4\u7279\u5e01\u4ea4\u6613\u4e2d\u5fc3 (<a href=\"https:\/\/link.zhihu.com\/?target=http%3A\/\/www.yes-btc.com\/%25EF%25BC%2588\" target=\"_blank\" rel=\"noreferrer noopener\">http:\/\/www.yes-btc.com\/\uff08<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/web.archive.org\/web\/20200530003155\/http%3A\/\/www.yes-btc.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u9875\u9762\u5b58\u6863\u5907\u4efd<\/a>\uff0c\u5b58\u4e8e<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E4%25BA%2592%25E8%2581%2594%25E7%25BD%2591%25E6%25A1%25A3%25E6%25A1%2588%25E9%25A6%2586\" target=\"_blank\" rel=\"noreferrer noopener\">\u4e92\u8054\u7f51\u6863\u6848\u9986<\/a>\uff09) \u6ce8\u518c\u516c\u53f8\u4e3a \u6570\u5b57\u6bd4\u7279\u80a1\u4efd\u6709\u9650\u516c\u53f8\uff0c\u4e8e 2015\u5e741\u670830\u65e5 \u5ba3\u544a\u8425\u8fd0\u4e0d\u5584\uff0c\u76ee\u524d\u8be5\u7f51\u7ad9\u5df2\u505c\u6b62\u8425\u8fd0\uff0c\u5176\u7ecf\u8425\u4eba\u4f55\u7ffc\u5146\uff0c\u8bc8\u6b3a\u8ba4\u7f6a\u3002<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>3.3.4 \u62d2\u7edd\u6bd4\u7279\u5e01\u7684\u4f01\u4e1a\u6216\u653f\u4f53<\/strong><\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>2013\u5e7412\u6708\uff0c<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25B7%2598%25E5%25AE%259D%25E7%25BD%2591\" target=\"_blank\" rel=\"noreferrer noopener\">\u6dd8\u5b9d\u7f51<\/a>\u5ba3\u5e03\u7981\u6b62\u51fa\u552e\u6bd4\u7279\u5e01<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-201\" target=\"_blank\" rel=\"noreferrer noopener\">[196]<\/a>\u30022014\u5e744\u670815\u65e5\uff0c\u652f\u4ed8\u5e73\u53f0<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%2594%25AF%25E4%25BB%2598%25E5%25AE%259D\" target=\"_blank\" rel=\"noreferrer noopener\">\u652f\u4ed8\u5b9d<\/a>\u6c38\u4e45\u51bb\u7ed3\u90e8\u5206\u66fe\u7ecf\u53c2\u4e0e\u6bd4\u7279\u5e01\u76f8\u5173\uff08\u5982\u6bd4\u7279\u5e01\u4ea4\u6613\u5e73\u53f0\u5145\u503c\u7801\u3001\u6bd4\u7279\u5e01\u77ff\u673a\uff09\u4ea4\u6613\u7684\u7528\u6237\u8d26\u6237\u3002<\/li>\n\n\n\n<li>\u4e2d\u534e\u4eba\u6c11\u5171\u548c\u56fd\u653f\u5e9c\u81ea2019\u5e74\u5927\u529b\u53d6\u7f14\u4e86\u6bd4\u7279\u5e01\u4ea4\u6613\u6240\uff0c\u4ea4\u6613\u6240\u5173\u95ed\u6216\u8fc1\u51fa\u4e2d\u56fd\u5927\u9646\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-202\" target=\"_blank\" rel=\"noreferrer noopener\">[197]<\/a><\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>3.3.5 \u65e0\u9700\u94f6\u884c\u7684\u4f01\u4e1a<\/strong><\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u5408\u6cd5\u516c\u53f8\u65e0\u9700\u94f6\u884c\u8d26\u6237\uff0c2017\u5e743\u6708\u745e\u5178\u4e00\u5bb6\u65b0\u6ce8\u518c\u7684\u516c\u53f8\u201c\u7f8e\u4e3d\u65b0\u4e16\u754c \/ Brave New World\u201d\uff0c\u56e0\u4e3a\u548c\u88ab\u897f\u65b9<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E7%25B6%2593%25E6%25BF%259F%25E5%2588%25B6%25E8%25A3%2581\" target=\"_blank\" rel=\"noreferrer noopener\">\u7ecf\u6d4e\u5236\u88c1<\/a>\u7684\u4f0a\u6717\u6709\u5173\uff0c\u5728\u65e0\u6cd5\u5f00\u94f6\u884c\u8d26\u6237\u7684\u60c5\u51b5\u4e0b\uff0c\u5229\u7528\u6bd4\u7279\u5e01\u52df\u96c6\u57fa\u91d1\uff0c\u8fd0\u8425\u4e1a\u52a1\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-203\" target=\"_blank\" rel=\"noreferrer noopener\">[198]<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-204\" target=\"_blank\" rel=\"noreferrer noopener\">[199]<\/a><\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h_14311648402_5\">3.4 \u7528\u4e8e\u6295\u8d44\u53ca\u4f5c\u4e3a\u7ecf\u6d4e\u6ce1\u6cab\u7684\u5730\u4f4d | Use for investment and status as an economic bubble<\/h3>\n\n\n\n<p><em>Further information:&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Cryptocurrency_bubble\" target=\"_blank\" rel=\"noreferrer noopener\">Cryptocurrency bubble<\/a>\u3010\u66f4\u591a\u4fe1\u606f\uff1a\u52a0\u5bc6\u8d27\u5e01\u6ce1\u6cab\u3011<\/em><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/pic1.zhimg.com\/v2-24dde06cf1fdf4c6e4a560a0b6c49698_1440w.jpg\" alt=\"\"\/><figcaption class=\"wp-element-caption\">\u6b64\u56fe\u7247\u5c5e\u4e8e\u516c\u5171\u9886\u57df<\/figcaption><\/figure>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u56fe\u7247\u9898\u6ce8\uff1aGovernment website with El Salvador reserves<br>\u53c2\u8003\u8bd1\u6587\uff1a\u5173\u4e8e\u8428\u5c14\u74e6\u591a\u50a8\u5907\u7684\u653f\u5e9c\u7f51\u7ad9<br>\u56fe\u7247\u6765\u6e90\uff1aOficina Nacional de Bitcoin de El Salvador \/ The National Bitcoin Office of El Salvador.<\/p>\n<\/blockquote>\n\n\n\n<p>As of 2018, the overwhelming majority of bitcoin transactions took place on&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Cryptocurrency_exchange\" target=\"_blank\" rel=\"noreferrer noopener\">cryptocurrency exchanges<\/a>.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-FT08062018-113\" target=\"_blank\" rel=\"noreferrer noopener\">[111]<\/a>&nbsp;Since 2014, regulated bitcoin funds also allow&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Market_exposure\" target=\"_blank\" rel=\"noreferrer noopener\">exposure<\/a>&nbsp;to the asset or to&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Futures_contract\" target=\"_blank\" rel=\"noreferrer noopener\">futures<\/a>&nbsp;as an investment.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-131\" target=\"_blank\" rel=\"noreferrer noopener\">[129]<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-132\" target=\"_blank\" rel=\"noreferrer noopener\">[130]<\/a>&nbsp;Bitcoin is used as a&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Store_of_value\" target=\"_blank\" rel=\"noreferrer noopener\">store of value<\/a>:<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-133\" target=\"_blank\" rel=\"noreferrer noopener\">[131]<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-134\" target=\"_blank\" rel=\"noreferrer noopener\">[132]<\/a>&nbsp;individuals and companies such as the&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Winklevoss_Capital_Management\" target=\"_blank\" rel=\"noreferrer noopener\">Winklevoss twins<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-135\" target=\"_blank\" rel=\"noreferrer noopener\">[133]<\/a>&nbsp;and&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Elon_Musk\" target=\"_blank\" rel=\"noreferrer noopener\">Elon Musk<\/a>&#8216;s companies&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/SpaceX\" target=\"_blank\" rel=\"noreferrer noopener\">SpaceX<\/a>&nbsp;and&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Tesla%2C_Inc.\" target=\"_blank\" rel=\"noreferrer noopener\">Tesla<\/a>&nbsp;have massively invested in bitcoin.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-136\" target=\"_blank\" rel=\"noreferrer noopener\">[134]<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-137\" target=\"_blank\" rel=\"noreferrer noopener\">[135]<\/a>&nbsp;Bitcoin wealth is highly concentrated, with 0.01% holding 27% of in-circulation currency, as of 2021.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-138\" target=\"_blank\" rel=\"noreferrer noopener\">[136]<\/a>&nbsp;As of September 2023, El Salvador had $76.5 million worth of bitcoin in its&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Foreign_exchange_reserves\" target=\"_blank\" rel=\"noreferrer noopener\">international reserves<\/a>.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-139\" target=\"_blank\" rel=\"noreferrer noopener\">[137]<\/a><br>\u3010\u53c2\u8003\u8bd1\u6587\u3011\u622a\u81f32018\u5e74\uff0c\u7edd\u5927\u591a\u6570\u6bd4\u7279\u5e01\u4ea4\u6613\u53d1\u751f\u5728\u52a0\u5bc6\u8d27\u5e01\u4ea4\u6613\u6240\u3002[111]\u81ea2014\u5e74\u8d77\uff0c\u53d7\u76d1\u7ba1\u7684\u6bd4\u7279\u5e01\u57fa\u91d1\u4e5f\u5141\u8bb8\u6295\u8d44\u8005\u6295\u8d44\u8be5\u8d44\u4ea7\u6216\u671f\u8d27\u4f5c\u4e3a\u6295\u8d44\u3002[129][130]\u6bd4\u7279\u5e01\u88ab\u7528\u4f5c\u4ef7\u503c\u50a8\u5b58\u624b\u6bb5\uff1a[131][132]\u4e2a\u4eba\u548c\u516c\u53f8\uff0c\u5982\u6e29\u514b\u83b1\u6c83\u65af\u53cc\u80de\u80ce[133]\u4ee5\u53ca\u57c3\u9686\u00b7\u9a6c\u65af\u514b\u65d7\u4e0b\u7684SpaceX\u548c\u7279\u65af\u62c9\u516c\u53f8\uff0c\u5df2\u5927\u89c4\u6a21\u6295\u8d44\u6bd4\u7279\u5e01\u3002[134][135]\u6bd4\u7279\u5e01\u8d22\u5bcc\u9ad8\u5ea6\u96c6\u4e2d\uff0c\u622a\u81f32021\u5e74\uff0c0.01%\u7684\u4eba\u6301\u6709\u6d41\u901a\u4e2d27%\u7684\u6bd4\u7279\u5e01\u3002[136]\u622a\u81f32023\u5e749\u6708\uff0c\u8428\u5c14\u74e6\u591a\u56fd\u9645\u50a8\u5907\u4e2d\u7684\u6bd4\u7279\u5e01\u4ef7\u503c7650\u4e07\u7f8e\u5143\u3002[137]<\/p>\n\n\n\n<p>In 2018, research published in the&nbsp;<em><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Journal_of_Monetary_Economics\" target=\"_blank\" rel=\"noreferrer noopener\">Journal of Monetary Economics<\/a><\/em>&nbsp;concluded that&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Market_manipulation\" target=\"_blank\" rel=\"noreferrer noopener\">price manipulation<\/a>&nbsp;occurred during the&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Mt._Gox\" target=\"_blank\" rel=\"noreferrer noopener\">Mt. Gox<\/a>&nbsp;bitcoin theft and that the market remained vulnerable to manipulation.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-140\" target=\"_blank\" rel=\"noreferrer noopener\">[138]<\/a>&nbsp;Research published in&nbsp;<em><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/The_Journal_of_Finance\" target=\"_blank\" rel=\"noreferrer noopener\">The Journal of Finance<\/a><\/em>&nbsp;also suggested that trading associated with increases in the amount of the&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Tether_%28cryptocurrency%29\" target=\"_blank\" rel=\"noreferrer noopener\">Tether cryptocurrency<\/a>&nbsp;and associated trading at the&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitfinex\" target=\"_blank\" rel=\"noreferrer noopener\">Bitfinex<\/a>&nbsp;exchange accounted for about half of the price increase in bitcoin in late 2017.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-141\" target=\"_blank\" rel=\"noreferrer noopener\">[139]<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-142\" target=\"_blank\" rel=\"noreferrer noopener\">[140]<\/a><br>\u3010\u53c2\u8003\u8bd1\u6587\u30112018\u5e74\uff0c\u300a\u8d27\u5e01\u7ecf\u6d4e\u5b66\u6742\u5fd7\u300b\u53d1\u8868\u7684\u4e00\u9879\u7814\u7a76\u8868\u660e\uff0c\u5728Mt.Gox\u6bd4\u7279\u5e01\u5931\u7a83\u6848\u671f\u95f4\u53d1\u751f\u4e86\u4ef7\u683c\u64cd\u7eb5\uff0c\u4e14\u5e02\u573a\u4ecd\u6613\u53d7\u64cd\u7eb5\u5f71\u54cd\u3002[138]\u300a\u91d1\u878d\u6742\u5fd7\u300b\u53d1\u8868\u7684\u7814\u7a76\u4e5f\u8868\u660e\uff0c\u4e0e\u6cf0\u8fbe\u5e01\u52a0\u5bc6\u8d27\u5e01\u6570\u91cf\u589e\u52a0\u76f8\u5173\u7684\u4ea4\u6613\u4ee5\u53ca\u6bd4\u7279\u82ac\u514b\u65af\u4ea4\u6613\u6240\u7684\u76f8\u5173\u4ea4\u6613\u7ea6\u53602017\u5e74\u672b\u6bd4\u7279\u5e01\u4ef7\u683c\u4e0a\u6da8\u7684\u4e00\u534a\u3002[139][140]<\/p>\n\n\n\n<p>Bitcoin, along with other cryptocurrencies, has been described as an&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Economic_bubble\" target=\"_blank\" rel=\"noreferrer noopener\">economic bubble<\/a>&nbsp;by several economists, including&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Nobel_Memorial_Prize_in_Economic_Sciences\" target=\"_blank\" rel=\"noreferrer noopener\">Nobel Prize in Economics<\/a>&nbsp;laureates, such as&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Joseph_Stiglitz\" target=\"_blank\" rel=\"noreferrer noopener\">Joseph Stiglitz<\/a>,<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-Stiglitz-143\" target=\"_blank\" rel=\"noreferrer noopener\">[141]<\/a>&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/James_Heckman\" target=\"_blank\" rel=\"noreferrer noopener\">James Heckman<\/a>,<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-4Nobels-10\" target=\"_blank\" rel=\"noreferrer noopener\">[8]<\/a>&nbsp;and&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Paul_Krugman\" target=\"_blank\" rel=\"noreferrer noopener\">Paul Krugman<\/a>.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-Krugman-103\" target=\"_blank\" rel=\"noreferrer noopener\">[101]<\/a>&nbsp;Another recipient of the prize,&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Robert_Shiller\" target=\"_blank\" rel=\"noreferrer noopener\">Robert Shiller<\/a>, argues that bitcoin is rather a&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Fad\" target=\"_blank\" rel=\"noreferrer noopener\">fad<\/a>&nbsp;that may become an&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Asset_classes\" target=\"_blank\" rel=\"noreferrer noopener\">asset class<\/a>. He describes its price growth as an &#8220;epidemic&#8221;, driven by&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Social_contagion\" target=\"_blank\" rel=\"noreferrer noopener\">contagious narratives<\/a>.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-144\" target=\"_blank\" rel=\"noreferrer noopener\">[142]<\/a>&nbsp;In 2024,&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Jean_Tirole\" target=\"_blank\" rel=\"noreferrer noopener\">Jean Tirole<\/a>, also Nobel laureate, described bitcoin as a &#8220;pure bubble&#8221; as its&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Intrinsic_value_%28finance%29\" target=\"_blank\" rel=\"noreferrer noopener\">intrinsic value<\/a>&nbsp;is zero. According to him, some bubbles are long-lasting such as gold and fiat currencies, and it&#8217;s impossible to predict whether bitcoin will collapse like other financial bubbles or become the new gold.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-145\" target=\"_blank\" rel=\"noreferrer noopener\">[143]<\/a>&nbsp;The same year,&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Chair_of_the_Federal_Reserve\" target=\"_blank\" rel=\"noreferrer noopener\">Federal Reserve Chair<\/a>&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Jerome_Powell\" target=\"_blank\" rel=\"noreferrer noopener\">Jerome Powell<\/a>&nbsp;described bitcoin as a digital competitor to gold but not to the dollar as he argued it is a highly volatile&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Speculation\" target=\"_blank\" rel=\"noreferrer noopener\">speculative<\/a>&nbsp;asset not used as a form of payment.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-146\" target=\"_blank\" rel=\"noreferrer noopener\">[144]<\/a><br>\u3010\u53c2\u8003\u8bd1\u6587\u3011\u5305\u62ec\u8bfa\u8d1d\u5c14\u7ecf\u6d4e\u5b66\u5956\u5f97\u4e3b\u7ea6\u745f\u592b\u00b7\u65af\u8482\u683c\u5229\u8328[141]\u3001\u8a79\u59c6\u65af\u00b7\u8d6b\u514b\u66fc[8]\u548c\u4fdd\u7f57\u00b7\u514b\u9c81\u683c\u66fc[101]\u5728\u5185\u7684\u591a\u4f4d\u7ecf\u6d4e\u5b66\u5bb6\u5c06\u6bd4\u7279\u5e01\u53ca\u5176\u4ed6\u52a0\u5bc6\u8d27\u5e01\u63cf\u8ff0\u4e3a\u7ecf\u6d4e\u6ce1\u6cab\u3002\u53e6\u4e00\u4f4d\u8bfa\u8d1d\u5c14\u5956\u5f97\u4e3b\u7f57\u4f2f\u7279\u00b7\u5e2d\u52d2\u5219\u8ba4\u4e3a\uff0c\u6bd4\u7279\u5e01\u66f4\u50cf\u662f\u4e00\u79cd\u53ef\u80fd\u6210\u4e3a\u4e00\u79cd\u8d44\u4ea7\u7c7b\u522b\u7684\u98ce\u5c1a\u3002\u4ed6\u5c06\u6bd4\u7279\u5e01\u7684\u4ef7\u683c\u4e0a\u6da8\u63cf\u8ff0\u4e3a\u7531\u4f20\u67d3\u6027\u53d9\u4e8b\u9a71\u52a8\u7684\u201c\u6d41\u884c\u75c5\u201d\u3002[142]2024\u5e74\uff0c\u540c\u6837\u83b7\u5f97\u8bfa\u8d1d\u5c14\u5956\u7684\u8ba9\u00b7\u68af\u82e5\u5c14\u5c06\u6bd4\u7279\u5e01\u63cf\u8ff0\u4e3a\u201c\u7eaf\u7cb9\u7684\u6ce1\u6cab\u201d\uff0c\u56e0\u4e3a\u5176\u5185\u5728\u4ef7\u503c\u4e3a\u96f6\u3002\u4ed6\u8ba4\u4e3a\uff0c\u6709\u4e9b\u6ce1\u6cab\uff08\u5982\u9ec4\u91d1\u548c\u6cd5\u5b9a\u8d27\u5e01\uff09\u662f\u957f\u671f\u7684\uff0c\u800c\u6bd4\u7279\u5e01\u662f\u5426\u4f1a\u50cf\u5176\u4ed6\u91d1\u878d\u6ce1\u6cab\u4e00\u6837\u5d29\u6e83\uff0c\u8fd8\u662f\u4f1a\u6210\u4e3a\u65b0\u7684\u9ec4\u91d1\uff0c\u662f\u65e0\u6cd5\u9884\u6d4b\u7684\u3002[143]\u540c\u5e74\uff0c\u7f8e\u8054\u50a8\u4e3b\u5e2d\u6770\u7f57\u59c6\u00b7\u9c8d\u5a01\u5c14\u5c06\u6bd4\u7279\u5e01\u63cf\u8ff0\u4e3a\u9ec4\u91d1\u7684\u6570\u5b57\u7ade\u4e89\u5bf9\u624b\uff0c\u800c\u975e\u7f8e\u5143\u7684\u7ade\u4e89\u5bf9\u624b\uff0c\u4ed6\u8ba4\u4e3a\u6bd4\u7279\u5e01\u662f\u4e00\u79cd\u9ad8\u5ea6\u6ce2\u52a8\u7684\u6295\u673a\u6027\u8d44\u4ea7\uff0c\u5e76\u672a\u7528\u4f5c\u652f\u4ed8\u624b\u6bb5\u3002[144]<\/p>\n\n\n\n<p>According to research published in the&nbsp;<em><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/International_Review_of_Financial_Analysis\" target=\"_blank\" rel=\"noreferrer noopener\">International Review of Financial Analysis<\/a><\/em>&nbsp;in 2018, bitcoin as an asset is highly volatile and does not behave like any other conventional asset.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-147\" target=\"_blank\" rel=\"noreferrer noopener\">[145]<\/a>&nbsp;According to one 2022 analysis published in&nbsp;<em><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/The_Journal_of_Alternative_Investments\" target=\"_blank\" rel=\"noreferrer noopener\">The Journal of Alternative Investments<\/a><\/em>, bitcoin was less volatile than&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Price_of_oil\" target=\"_blank\" rel=\"noreferrer noopener\">oil<\/a>,&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Silver_as_an_investment\" target=\"_blank\" rel=\"noreferrer noopener\">silver<\/a>,&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/United_States_Treasury_security\" target=\"_blank\" rel=\"noreferrer noopener\">US Treasuries<\/a>, and 190 stocks in the&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/S%2526P_500\" target=\"_blank\" rel=\"noreferrer noopener\">S&amp;P 500<\/a>&nbsp;during and after the&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/2020_stock_market_crash\" target=\"_blank\" rel=\"noreferrer noopener\">2020 stock market crash<\/a>.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-148\" target=\"_blank\" rel=\"noreferrer noopener\">[146]<\/a>&nbsp;The term&nbsp;<em><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wiktionary.org\/wiki\/hodl%23English\" target=\"_blank\" rel=\"noreferrer noopener\">hodl<\/a><\/em>&nbsp;was created in December 2013 for&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Buy_and_hold\" target=\"_blank\" rel=\"noreferrer noopener\">holding<\/a>&nbsp;bitcoin rather than selling it during periods of volatility.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-149\" target=\"_blank\" rel=\"noreferrer noopener\">[147]<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-150\" target=\"_blank\" rel=\"noreferrer noopener\">[148]<\/a><br>\u3010\u53c2\u8003\u8bd1\u6587\u30112018\u5e74\u300a\u56fd\u9645\u8d22\u52a1\u5206\u6790\u8bc4\u8bba\u300b\u53d1\u8868\u7684\u4e00\u9879\u7814\u7a76\u8868\u660e\uff0c\u6bd4\u7279\u5e01\u4f5c\u4e3a\u4e00\u79cd\u8d44\u4ea7\u5177\u6709\u9ad8\u5ea6\u6ce2\u52a8\u6027\uff0c\u5176\u884c\u4e3a\u4e0d\u50cf\u4efb\u4f55\u5176\u4ed6\u4f20\u7edf\u8d44\u4ea7\u3002[145]2022\u5e74\u300a\u53e6\u7c7b\u6295\u8d44\u671f\u520a\u300b\u53d1\u8868\u7684\u4e00\u9879\u5206\u6790\u663e\u793a\uff0c\u57282020\u5e74\u80a1\u5e02\u5d29\u76d8\u671f\u95f4\u53ca\u4e4b\u540e\uff0c\u6bd4\u7279\u5e01\u7684\u6ce2\u52a8\u6027\u4f4e\u4e8e\u77f3\u6cb9\u3001\u767d\u94f6\u3001\u7f8e\u56fd\u56fd\u503a\u548c\u6807\u666e500\u6307\u6570\u4e2d\u7684190\u53ea\u80a1\u7968\u3002[146]\u201chodl\u201d\u4e00\u8bcd\u4e8e2013\u5e7412\u6708\u521b\u5efa\uff0c\u610f\u4e3a\u5728\u6ce2\u52a8\u671f\u95f4\u6301\u6709\u6bd4\u7279\u5e01\u800c\u4e0d\u662f\u51fa\u552e\u3002[147][148]<\/p>\n\n\n\n<p>Other economists, investors, and the&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bank_of_Estonia\" target=\"_blank\" rel=\"noreferrer noopener\">central bank of Estonia<\/a>&nbsp;have described bitcoin as a potential&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Ponzi_scheme\" target=\"_blank\" rel=\"noreferrer noopener\">Ponzi scheme<\/a>.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-151\" target=\"_blank\" rel=\"noreferrer noopener\">[149]<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-152\" target=\"_blank\" rel=\"noreferrer noopener\">[150]<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-153\" target=\"_blank\" rel=\"noreferrer noopener\">[151]<\/a>&nbsp;Legal scholar&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Eric_Posner\" target=\"_blank\" rel=\"noreferrer noopener\">Eric Posner<\/a>&nbsp;disagrees, however, as &#8220;a real Ponzi scheme takes fraud; bitcoin, by contrast, seems more like a collective&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Delusion\" target=\"_blank\" rel=\"noreferrer noopener\">delusion<\/a>&#8220;.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-154\" target=\"_blank\" rel=\"noreferrer noopener\">[152]<\/a>&nbsp;A 2014&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/World_Bank\" target=\"_blank\" rel=\"noreferrer noopener\">World Bank<\/a>&nbsp;report also concluded that bitcoin was not a deliberate Ponzi scheme.<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/en.wikipedia.org\/wiki\/Bitcoin%23cite_note-155\" target=\"_blank\" rel=\"noreferrer noopener\">[153]<\/a><br>\u3010\u53c2\u8003\u8bd1\u6587\u3011\u5176\u4ed6\u7ecf\u6d4e\u5b66\u5bb6\u3001\u6295\u8d44\u8005\u548c\u7231\u6c99\u5c3c\u4e9a\u592e\u884c\u5c06\u6bd4\u7279\u5e01\u63cf\u8ff0\u4e3a\u6f5c\u5728\u7684\u5e9e\u6c0f\u9a97\u5c40\u3002[149][150][151]\u7136\u800c\uff0c\u6cd5\u5f8b\u5b66\u8005\u57c3\u91cc\u514b\u00b7\u6ce2\u65af\u7eb3\u6301\u4e0d\u540c\u610f\u89c1\uff0c\u4ed6\u8ba4\u4e3a\u201c\u771f\u6b63\u7684\u5e9e\u6c0f\u9a97\u5c40\u6d89\u53ca\u6b3a\u8bc8\uff1b\u76f8\u6bd4\u4e4b\u4e0b\uff0c\u6bd4\u7279\u5e01\u66f4\u50cf\u662f\u96c6\u4f53\u5984\u60f3\u201d\u3002[152]2014\u5e74\u4e16\u754c\u94f6\u884c\u7684\u4e00\u4efd\u62a5\u544a\u4e5f\u5f97\u51fa\u7ed3\u8bba\uff0c\u6bd4\u7279\u5e01\u4e0d\u662f\u84c4\u610f\u7684\u5e9e\u6c0f\u9a97\u5c40\u3002[153]<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h_14311648402_6\">4. \u5b89\u5168\u6027<\/h2>\n\n\n\n<p>\u6bd4\u7279\u5e01\u7ed3\u5408&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E5%25AF%25B9%25E7%25AD%2589%25E7%25BD%2591%25E7%25BB%259C\" target=\"_blank\" rel=\"noreferrer noopener\">P2P<\/a>&nbsp;\u5bf9\u7b49\u7f51\u7edc\u6280\u672f\u548c<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E5%25AF%2586%25E7%25A0%2581%25E5%25AD%25A6\" target=\"_blank\" rel=\"noreferrer noopener\">\u5bc6\u7801\u5b66<\/a>\u539f\u7406\uff0c\u6765\u7ef4\u6301\u53d1\u884c\u7cfb\u7edf\u7684\u5b89\u5168\u53ef\u9760\u6027\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-94\" target=\"_blank\" rel=\"noreferrer noopener\">[89]<\/a>\u4e0e\u6709\u4e2d\u5fc3\u670d\u52a1\u5668\u7684\u4e2d\u592e\u7f51\u7edc\u7cfb\u7edf\u4e0d\u540c\uff0c\u5728 P2P \u7f51\u7edc\u4e2d\u65e0\u4e2d\u5fc3\u670d\u52a1\u5668\uff0c\u6bcf\u4e2a\u7528\u6237\u7aef\u65e2\u662f\u4e00\u4e2a\u8282\u70b9\uff0c\u4e5f\u6709\u670d\u52a1\u5668\u7684\u529f\u80fd\uff0c\u4efb\u4f55\u4e00\u4e2a\u8282\u70b9\u90fd\u65e0\u6cd5\u76f4\u63a5\u627e\u5230\u5176\u4ed6\u8282\u70b9\uff0c\u5fc5\u987b\u4f9d\u9760\u5176\u6237\u7fa4\u8fdb\u884c\u4fe1\u606f\u4ea4\u6d41\u3002\u6bd4\u7279\u5e01\u4f7f\u7528\u4ee5\u4e0b3\u79cd\u673a\u5236\uff0c\u6765\u89e3\u51b3\u521d\u6b21\u8fd0\u884c\u65f6\uff0c\u67e5\u627e\u5176\u4ed6\u8282\u70b9\u7684\u95ee\u9898\u3002<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>\u5728\u9ed8\u8ba4\u60c5\u51b5\u4e0b\uff0c\u8fd0\u884c\u6bd4\u7279\u5e01\u7684\u7528\u6237\u7aef\u52a0\u5165\u4e00\u4e2a IRC \u804a\u5929\u901a\u9053\uff0c\u5e76\u53ef\u4ee5\u83b7\u77e5\u52a0\u5165\u8be5\u901a\u9053\u7684\u5176\u4ed6\u7528\u6237\u7aef\u7684 IP \u5730\u5740\u548c\u7aef\u53e3\u3002\u8be5\u901a\u9053\u7684\u540d\u79f0\u548c IRC \u804a\u5929\u670d\u52a1\u5668\u7684\u540d\u79f0\u88ab\u5199\u5728\u4e86\u6bd4\u7279\u5e01\u8f6f\u4ef6\u4e2d\u3002<\/li>\n\n\n\n<li>\u4e00\u4e9b\u201c\u77e5\u540d\u7684\u201d\u6bd4\u7279\u5e01\u8282\u70b9\u4e5f\u88ab\u7f16\u5199\u5728\u8f6f\u4ef6\u4e2d\uff0c\u4ee5\u9632 IRC \u804a\u5929\u670d\u52a1\u529f\u80fd\u56e0\u6545\u65e0\u6cd5\u8bbf\u95ee\u3002<\/li>\n\n\n\n<li>\u53ef\u4ee5\u624b\u52a8\u6dfb\u52a0\u8fd0\u884c\u6bd4\u7279\u5e01\u7684\u5176\u4ed6\u7528\u6237\u7aef\u7684 IP \u5730\u5740\u3002<\/li>\n<\/ol>\n\n\n\n<p>\u73b0\u5728\u4e0d\u9700\u8981\u8fd0\u884c\u4e0a\u8ff03\u4e2a\u673a\u5236\uff0c\u4e00\u65e6\u8fde\u63a5\u5230\u6bd4\u7279\u5e01\u7684\u67d0\u4e2a\u8282\u70b9\uff0c\u5728\u53d1\u9001\u7684\u4fe1\u606f\u4e2d\uff0c\u5c31\u4f1a\u5305\u542b\u5bf9\u7b49\u7f51\u7edc P2P \u5176\u4ed6\u8282\u70b9\u7684\u5730\u5740\uff0c\u76f4\u63a5\u901a\u8fc7\u5176\u533f\u540d\u7528\u6237\u7fa4\u6765\u627e\u5230\u5176\u4ed6\u8282\u70b9\u3002\u8282\u70b9\u904d\u5e03\u6574\u4e2a\u4e92\u8054\u7f51\u7684 P2P \u6280\u672f\u548c\u5bc6\u7801\u5b66\u539f\u7406\u76f8\u7ed3\u5408\uff0c\u786e\u4fdd\u4e86\u6bd4\u7279\u5e01\u53d1\u884c\u7cfb\u7edf\u65e0\u6cd5\u88ab\u653f\u5e9c\u3001\u7ec4\u7ec7\u3001\u6216\u9ed1\u5ba2\u76d1\u63a7\u3001\u9694\u79bb\u3001\u6216\u7834\u574f\uff0c\u4ece\u800c\u4fdd\u969c\u4e86\u7cfb\u7edf\u7684\u53ef\u9760\u6027\u548c\u533f\u540d\u6027\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-95\" target=\"_blank\" rel=\"noreferrer noopener\">[90]<\/a>\u3002\u62d2\u7edd\u670d\u52a1\u5f0f\uff08DDoS\uff09\u4ee5\u53ca\u5176\u4ed6\u653b\u51fb\uff0c\u5176\u76ee\u6807\u90fd\u662f\u9488\u5bf9\u6bd4\u7279\u5e01\u4ea4\u6613\u4e2d\u5fc3\uff0c\u8fd9\u548c\u653b\u51fb\u6216\u5173\u95ed\u4f20\u7edf<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E8%25B4%25A7%25E5%25B8%2581\" target=\"_blank\" rel=\"noreferrer noopener\">\u8d27\u5e01<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E4%25BA%25A4%25E6%2598%2593%25E6%2589%2580\" target=\"_blank\" rel=\"noreferrer noopener\">\u4ea4\u6613\u6240<\/a>\u7684\u7f51\u7edc\uff0c\u7406\u8bba\u4e0a\u4e0d\u5f71\u54cd\u5176\u8d27\u5e01\u53d1\u884c\u548c\u4f7f\u7528\u4e00\u6837\u30022013\u5e745\u6708\uff0c\u7f8e\u56fd\u653f\u5e9c\u67e5\u5c01\u4e16\u754c\u4e0a\u6700\u5927\u7684\u6bd4\u7279\u5e01<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E4%25BA%25A4%25E6%2598%2593%25E6%2589%2580\" target=\"_blank\" rel=\"noreferrer noopener\">\u4ea4\u6613\u6240<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E9%2593%25B6%25E8%25A1%258C\" target=\"_blank\" rel=\"noreferrer noopener\">\u94f6\u884c<\/a>\u8d26\u6237\u540e\uff0c\u5151\u6362\u7387\u8fd8\u662f\u7ef4\u6301\u57281\u6bd4\u7279\u5e01\u5151\u6362120\u7f8e\u5143\u4e0a\u4e0b\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-96\" target=\"_blank\" rel=\"noreferrer noopener\">[91]<\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h_14311648402_7\">4.1 \u533f\u540d\u4e0e\u9690\u79c1\u4fdd\u62a4<\/h3>\n\n\n\n<p>\u533f\u540d\u4e0e\u9690\u79c1\u662f\u6bd4\u7279\u5e01\u95ee\u4e16\u65f6\u4e3b\u8981\u7684\u8bc9\u6c42\uff0c\u56e0\u4e3a\u4ea4\u6613\u6216\u5efa\u7acb\u6bd4\u7279\u5e01\u5730\u5740\u3001\u94b1\u5305\u65f6\uff0c\u4e0d\u9700\u8981\u63d0\u4f9b\u4efb\u4f55\u4e2a\u4eba\u8d44\u6599\uff0c\u533a\u5757\u94fe\u4e5f\u4e0d\u4f1a\u5b58\u50a8\u4efb\u4f55\u4e2a\u4eba\u8d44\u6599\uff0c\u4f46\u4ea4\u6613\u4fe1\u606f\u662f\u5411\u5168\u7f51\u5e7f\u64ad\u7684\uff0c\u56e0\u6b64\u6240\u6709\u4ea4\u6613\u8bb0\u5f55\u7ec6\u8282\u90fd\u662f\u516c\u5f00\u3001\u900f\u660e\u3001\u53ef\u8ffd\u6eaf\u3002\u4e0d\u540c\u4e8e\u91c7\u7528 KYC \u8ba4\u8bc1\u7684\u4f20\u7edf\u91d1\u878d\u673a\u6784\uff0c\u901a\u8fc7\u5c06\u4ea4\u6613\u4fe1\u606f\u4e0e\u5ba2\u6237\u8d44\u6599\u4e25\u683c\u4fdd\u5bc6\u6765\u4fdd\u62a4\u5ba2\u6237\u9690\u79c1\uff0c\u4f46\u82e5\u56fd\u5bb6\u673a\u5173\u57fa\u4e8e\u7279\u5b9a\u539f\u56e0\uff0c\u5411\u91d1\u878d\u673a\u6784\u8c03\u53d6\u8d44\u6599\uff0c\u6216\u662f\u91d1\u878d\u673a\u6784\u88ab\u9ed1\u5ba2\u653b\u51fb\uff0c\u6216\u662f\u5185\u90e8\u6cc4\u6f0f\uff0c\u8fd9\u6837\u5219\u4f1a\u4f7f\u9690\u79c1\u4fdd\u62a4\u5931\u6548\uff0c\u4f7f\u5f97\u7279\u5b9a\u4ea4\u6613\u4fe1\u606f\u4e0e\u5173\u7cfb\u7684\u5ba2\u6237\u8d44\u6599\u66dd\u5149\uff0c\u76f8\u5bf9\u7684\uff0c\u7531\u4e8e\u6bd4\u7279\u5e01\u7684\u4ea4\u6613\u7eaa\u5f55\u53ef\u4ee5\u8ffd\u8e2a\uff0c\u56e0\u6b64\u5982\u679c\u6bd4\u7279\u5e01\u7684\u7279\u5b9a\u4ea4\u6613\u4fe1\u606f\u4e0e\u5173\u7cfb\u7684\u5ba2\u6237\u8d44\u6599\u66dd\u5149\uff0c\u6216\u7ecf\u7531 KYC \u8ba4\u8bc1\u7684\u4ea4\u6613\u6240\u5151\u6362\u6210\u6cd5\u5b9a\u8d27\u5e01\uff0c\u5176\u4ed6\u76f8\u5173\u5730\u5740\u4e5f\u53ef\u80fd\u8ffd\u8e2a\u51fa\u771f\u5b9e\u8eab\u4efd\uff0c\u8fd9\u4e5f\u662f\u76ee\u524d\u5404\u56fd\u53f8\u6cd5\u673a\u5173\u8ffd\u8e2a\u94fe\u4e0a\u72af\u7f6a\u6700\u5e38\u7528\u7684\u624b\u6bb5\u4e4b\u4e00\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-97\" target=\"_blank\" rel=\"noreferrer noopener\">[92]<\/a>\uff0c\u6bd4\u7279\u5e01\u53ef\u901a\u8fc7\u4e3a\u6bcf\u7b14\u4ea4\u6613\u5efa\u7acb\u4e0d\u540c\u7684\u5730\u5740\u6765\u4fdd\u62a4\u9690\u79c1\uff0cbitcoin.org \u7f51\u7ad9\u4e5f\u5efa\u8bae\u6bcf\u4e00\u4e2a\u5730\u5740\u53ea\u505a\u4e00\u6b21\u4ea4\u6613<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-98\" target=\"_blank\" rel=\"noreferrer noopener\">[93]<\/a>\u3002\u4f8b\u5982\uff0c\u7532\u65b9\u5e0c\u671b\u53d1\u9001 1.20 BTC \u7ed9\u4e59\u65b9\uff0c\u90a3\u4e48\u4efb\u4f55\u4eba\u90fd\u53ef\u4ee5\u901a\u8fc7\u6bd4\u7279\u5e01\u7f51\u7edc\u4e0a\u6240\u6709\u8282\u70b9\u90fd\u80fd\u591f\u67e5\u9605\u8fd9\u7b14 1.20 BTC \u7684\u4ea4\u6613\u7ec6\u8282\u3002\u4f46\u9664\u975e\u7532\u65b9\u6216\u8005\u4e59\u65b9\u516c\u5e03\u81ea\u5df1\u62e5\u6709\u5176\u4e2d\u7684\u4e00\u4e2a\u5730\u5740\uff0c\u5426\u5219\u4f5c\u4e3a\u4e0d\u8bb0\u540d\u7684\u8d27\u5e01\uff0c\u5176\u4ed6\u4eba\u5f88\u96be\u77e5\u9053\u8fd9\u7b14\u4ea4\u6613\u662f\u53d1\u751f\u5728\u7532\u65b9\u4e0e\u4e59\u65b9\u4e4b\u95f4\u7684\u3002<\/p>\n\n\n\n<p>\u7406\u8bba\u4e0a\uff0c\u5982\u679c\u6709\u8c03\u67e5\u8005\u80fd\u591f\u5c06\u67d0\u4e00\u4e2a\u5730\u5740\u4e0e\u67d0\u4e00\u7528\u6237\u95f4\u5efa\u7acb\u5173\u8054\uff0c\u90a3\u4e48\u8c03\u67e5\u8005\u5c31\u53ef\u4ee5\u8ffd\u6839\u6eaf\u6e90\uff0c\u641e\u6e05\u695a\u6bcf\u4e00\u7b14\u4ea4\u6613\u7684\u5bf9\u65b9\uff0c\u5982\u6bd4\u5bf9\u5176\u5b83\u7684\u4e2a\u4eba\u4fe1\u606f\uff0c\u5982\u4ea4\u6613\u7684 IP \u5730\u5740\u7b49\uff0c\u67d0\u7279\u5b9a\u4ea4\u6613\u7684\u4fe1\u606f\uff0c\u8981\u6c42\u5df2\u77e5\u7684\u4e00\u65b9\u4ea4\u4ee3\u4ea4\u6613\u7684\u53e6\u4e00\u65b9\u7684\u8eab\u4efd\u7b49\uff0c\u5e76\u987a\u85e4\u6478\u74dc\u7ecf\u7531\u4ea4\u6613\u94fe\uff0c\u5e76\u914d\u5408\u6bd4\u7279\u5e01\u4ea4\u6613\u6240\u57fa\u4e8e\u53cd<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25B4%2597%25E9%258C%25A2\" target=\"_blank\" rel=\"noreferrer noopener\">\u6d17\u94b1<\/a>\u6cd5\u7684 KYC \u8eab\u4efd\u8ba4\u8bc1\uff0c\u76f4\u5230\u786e\u5b9a\u76ee\u6807\u5730\u5740\u7684\u771f\u5b9e\u6240\u6709\u8005\uff0c\u56e0\u6b64\uff0c\u53ea\u8981\u6709\u4e00\u7b14\u4ea4\u6613\u88ab\u8bc1\u660e\u4e3a\u72af\u7f6a\uff0c\u5982\u67d0\u4e9b\u4ea4\u6613\u662f\u7ed1\u67b6\u7684\u8d4e\u91d1\u6216\u662f\u672a\u7ecf\u6301\u6709\u4eba\u540c\u610f\u4e0b\uff0c\u4ece\u88ab\u76d7\u7684\u8d26\u6237\u8f6c\u8d26\u51fa\u53bb\u7b49\uff0c\u4e4b\u540e\u6240\u6709\u540e\u7eed\u8f6c\u51fa\u53bb\u7684\u5730\u5740\u90fd\u4f1a\u88ab\u201c\u6c61\u67d3\u201d\u3002\u4f46\u5b9e\u9645\u4e0a\uff0c\u60f3\u8981\u786e\u5b9a\u67d0\u4e2a\u6bd4\u7279\u5e01\u7684\u771f\u5b9e\u6240\u6709\u8005\u4f9d\u7136\u662f\u5f02\u5e38\u56f0\u96be\u7684\uff0c\u52a0\u4e0a\u540e\u7eed<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/w\/index.php%3Ftitle%3D%25E6%25B7%25B7%25E5%2590%2588%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%26action%3Dedit%26redlink%3D1\" target=\"_blank\" rel=\"noreferrer noopener\">\u6df7\u5408\u6bd4\u7279\u5e01<\/a>\uff08Bitcoin Mixing\uff09\u3001\u533f\u540d\u8f6c\u6362\u6210\u5176\u4ed6\u52a0\u5bc6\u8d27\u5e01\uff0c\u7279\u522b\u662f\u95e8\u7f57\u5e01\u7b49\u5f7b\u5e95\u9690\u85cf\u4ea4\u6613\u4fe1\u606f\u7684\u65b0\u7c7b\u578b\u52a0\u5bc6\u8d27\u5e01\u7684\u4ea7\u751f\uff0c\u867d\u7136\u5f3a\u5316\u4e86\u9690\u79c1\u4fdd\u62a4\uff0c\u4f46\u4e5f\u589e\u52a0\u91d1\u6d41\u8ffd\u8e2a\u7684\u56f0\u96be\uff0c\u8fd9\u4e00\u5c5e\u6027\u4f7f\u5f97\u6bd4\u7279\u5e01\u5438\u5f15\u4e86\u5f88\u591a\u975e\u6cd5\u7269\u54c1\u4ea4\u6613\u8005\u7684\u5174\u8da3\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-An_Analysis_of_Anonymity_in_the_Bitcoin_System-99\" target=\"_blank\" rel=\"noreferrer noopener\">[94]<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-Forbes-100\" target=\"_blank\" rel=\"noreferrer noopener\">[95]<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-101\" target=\"_blank\" rel=\"noreferrer noopener\">[96]<\/a><\/p>\n\n\n\n<p>\u4e3a\u6c42\u5f7b\u5e95\u89e3\u51b3\u6bd4\u7279\u5e01\u6709\u5173\u9690\u79c1\u6027\u3001\u88ab\u76d1\u63a7\u3001\u88ab\u8ffd\u8e2a\u7b49\u7591\u8651\uff0c\u540e\u7eed\u5f00\u53d1\u4e86\u5f3a\u8c03\u9690\u79c1\uff0c\u6709\u81ea\u52a8\u6df7\u5e01\u6216\u52a0\u5bc6\u529f\u80fd\u7684\u533a\u5757\u94fe\u4e0e\u66ff\u4ee3\u52a0\u5bc6\u8d27\u5e01\uff0c\u901a\u79f0\u9690\u79c1\u5e01\uff0c\u5305\u62ec<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E9%2581%2594%25E4%25B8%2596%25E5%25B9%25A3\" target=\"_blank\" rel=\"noreferrer noopener\">\u8fbe\u4e16\u5e01<\/a>\u3001<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E9%2597%25A8%25E7%25BD%2597%25E5%25B8%2581\" target=\"_blank\" rel=\"noreferrer noopener\">\u95e8\u7f57\u5e01<\/a>\u3001<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/Zcash\" target=\"_blank\" rel=\"noreferrer noopener\">Zcash<\/a>\u3001PIVX \u7b49\uff0c\u4f46\u7531\u4e8e\u8fd9\u7c7b\u8d27\u5e01\u6781\u5bb9\u6613\u88ab\u5f53\u6210\u6d17\u94b1\u5de5\u5177\uff0c\u56e0\u6b64\u5728\u4e00\u90e8\u5206\u4ea4\u6613\u6240\u7684\u4ea4\u6613\u4f1a\u53d7\u5230\u9650\u5236\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-102\" target=\"_blank\" rel=\"noreferrer noopener\">[97]<\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h_14311648402_8\">4.2 \u4ea4\u6613\u7f51\u7ad9\u7684\u9ed1\u5ba2\u4e8b\u4ef6<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>2011\u5e746\u670819\u65e5\uff0c<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/Mt._Gox\" target=\"_blank\" rel=\"noreferrer noopener\">Mt.Gox<\/a>\u00a0\u6bd4\u7279\u5e01\u4ea4\u6613\u4e2d\u5fc3\u7684\u5b89\u5168\u6f0f\u6d1e\u5bfc\u81f41\u6bd4\u7279\u5e01\u4ef7\u683c\u4e00\u5ea6\u8dcc\u81f31\u7f8e\u5206\uff0c\u4f46\u8be5\u673a\u6784\u5ba3\u79f0\u5176\u5b83\u4ea4\u6613\u6ca1\u6709\u53d7\u5230\u5f71\u54cd\u3002\u539f\u56e0\u662f\u4e00\u4e2a\u9ed1\u5ba2\u4ece\u611f\u67d3\u6728\u9a6c\u7684\u7535\u8111\u4e0a\u76d7\u7528\u4e86\u8be5\u7528\u6237\u00a0<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/Mt._Gox\" target=\"_blank\" rel=\"noreferrer noopener\">Mt.Gox<\/a>\u00a0\u7684\u8bc1\u4e66\uff0c\u4ece\u800c\u628a\u6bd4\u7279\u5e01\u8f6c\u5230\u81ea\u5df1\u7684\u5e10\u53f7\u4e0a\u5e76\u629b\u552e\uff0c\u4ea7\u751f\u4e86\u5927\u91cf\u8be5\u4ef7\u683c\u7684\u201c<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E5%25B9%2585%25E7%25A7%25BB%25E9%2594%25AE%25E6%258E%25A7\" target=\"_blank\" rel=\"noreferrer noopener\">ask<\/a>\u201d\u8bf7\u6c42\u3002\u51e0\u5206\u949f\u540e\uff0cMt.Gox \u5173\u95ed\u5e76\u53d6\u6d88\u9ed1\u5ba2\u4e8b\u4ef6\u4e2d\u7684\u4e0d\u6b63\u5e38\u4ea4\u6613\uff0c\u4f7f\u6bd4\u7279\u5e01\u4ef7\u683c\u53cd\u5f39\u56de\u5230\u4e8615\u7f8e\u5143\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-103\" target=\"_blank\" rel=\"noreferrer noopener\">[98]<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-104\" target=\"_blank\" rel=\"noreferrer noopener\">[99]<\/a>\u6700\u7ec8\u6bd4\u7279\u5e01\u6c47\u7387\u56de\u5230\u5d29\u6e83\u524d\u7684\u60c5\u51b5\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-mick-105\" target=\"_blank\" rel=\"noreferrer noopener\">[100]<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-106\" target=\"_blank\" rel=\"noreferrer noopener\">[101]<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-107\" target=\"_blank\" rel=\"noreferrer noopener\">[102]<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-register1-108\" target=\"_blank\" rel=\"noreferrer noopener\">[103]<\/a>\u6b64\u6b21\u4e8b\u4ef6\uff0c\u9ed1\u5ba2\u7a83\u53d6\u4e8685\u4e07\u679a\u6bd4\u7279\u5e01\uff08\u5360\u5f53\u65f6\u5168\u7403\u6bd4\u7279\u5e01\u53d1\u884c\u91cf\u76847%\uff09\uff0c\u5176\u4e2d\u5e73\u53f0\u7528\u6237\u7684\u6bd4\u7279\u5e01\u6570\u91cf\u8fbe\u523075\u4e07\u679a\uff0c\u4e8b\u4ef6\u53d1\u751f\u540eMt.Gox\u4ea4\u6613\u6240\u5411\u4e1c\u4eac\u5730\u65b9\u6cd5\u9662\u63d0\u51fa\u7834\u4ea7\u4fdd\u62a4\uff0c\u5ba3\u5e03\u7834\u4ea7\u65f6\uff0c\u8be5\u516c\u53f8\u900f\u9732\u4e8f\u6b202\u4e07\u4f59\u540d\u503a\u6743\u4eba\u8fd1450\u4ebf\u65e5\u5143\uff08\u6309\u5f53\u65f6\u6c47\u7387\u7ea64.4\u4ebf\u7f8e\u5143\uff09\uff0c\u540e\u7eed\u8be5\u4ea4\u6613\u6240\u5ba3\u5e03\u627e\u56de20\u4e07\u679a\u6bd4\u7279\u5e01\uff0c\u6570\u5e74\u540e\u4e1c\u4eac\u5730\u65b9\u6cd5\u9662\u88c1\u5b9a\u5176\u4e2d\u768414\u4e07\u679a\u8f6c\u5165\u4fe1\u6258\u57fa\u91d1\uff0c\u7528\u6765\u8d54\u507f\u53d7\u635f\u5931\u7684\u7528\u6237\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-mick-105\" target=\"_blank\" rel=\"noreferrer noopener\">[100]<\/a><\/li>\n\n\n\n<li>2011\u5e747\u6708\uff0c\u4e16\u754c\u7b2c\u4e09\u5927\u6bd4\u7279\u5e01\u4ea4\u6613\u4e2d\u5fc3 Bitomat \u7684\u8fd0\u8425\u5546\u5ba3\u5e03\uff1a\u8bb0\u5f55\u7740 17,000 \u6bd4\u7279\u5e01\uff08\u7ea6\u540822\u4e07\u7f8e\u5143\uff09\u7684 wallet.dat \u6587\u4ef6\u7684\u8bbf\u95ee\u6743\u9650\u4e22\u5931\u3002\u540c\u65f6\u5ba3\u5e03\u51b3\u5b9a\u51fa\u552e\u670d\u52a1\u4ee5\u5f25\u8865\u7528\u6237\u635f\u5931<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-109\" target=\"_blank\" rel=\"noreferrer noopener\">[104]<\/a>\u3002<\/li>\n\n\n\n<li>2011\u5e748\u6708\uff0c\u4f5c\u4e3a\u5e38\u7528\u6bd4\u7279\u5e01\u4ea4\u6613\u7684\u5904\u7406\u4e2d\u5fc3\u4e4b\u4e00\u7684 My Bitcoin \u5ba3\u5e03\u906d\u5230\u9ed1\u5ba2\u653b\u51fb\uff0c\u5e76\u5bfc\u81f4\u5173\u673a\u3002\u6d89\u53ca\u5ba2\u6237\u5b58\u6b3e\u768449\uff05\uff0c\u8d85\u8fc778000\u6bd4\u7279\u5e01\uff08\u5f53\u65f6\u7ea6\u76f8\u5f53\u4e8e80\u4e07\u7f8e\u5143\uff09\u4e0b\u843d\u4e0d\u660e<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-110\" target=\"_blank\" rel=\"noreferrer noopener\">[105]<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-111\" target=\"_blank\" rel=\"noreferrer noopener\">[106]<\/a>\u3002<\/li>\n\n\n\n<li>2012\u5e74\uff0cBitcoinica \u4e24\u5ea6\u906d\u5230\u9ed1\u5ba2\u653b\u51fb\uff0c\u88ab\u6307\u63a7\u5ffd\u7565\u5ba2\u6237\u8d44\u91d1\u7684\u5b89\u5168\u6027\u4ee5\u53ca\u4f2a\u9020\u63d0\u6b3e\u7533\u8bf7<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-112\" target=\"_blank\" rel=\"noreferrer noopener\">[107]<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-113\" target=\"_blank\" rel=\"noreferrer noopener\">[108]<\/a>\u30022012\u5e748\u6708\u4e0a\u65ec\uff0cBitcoinica \u5728<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%2597%25A7%25E9%2587%2591%25E5%25B1%25B1\" target=\"_blank\" rel=\"noreferrer noopener\">\u65e7\u91d1\u5c71<\/a>\u6cd5\u9662\u88ab\u8d77\u8bc9\u8981\u6c42\u8d54\u507f\u7ea646\u4e07\u7f8e\u5143\u3002<\/li>\n\n\n\n<li>2012\u5e749\u6708\uff0cBitfloor \u4ea4\u6613\u4e2d\u5fc3\u4e5f\u88ab\u9ed1\u5ba2\u5165\u4fb5\uff0c24,000 \u6bd4\u7279\u5e01\uff08\u7ea6\u76f8\u5f53\u4e8e25\u4e07<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E7%25BE%258E%25E5%2585%2583\" target=\"_blank\" rel=\"noreferrer noopener\">\u7f8e\u5143<\/a>\uff09\u88ab\u76d7\u3002Bitfloor \u56e0\u6b64\u6682\u505c\u8fd0\u8425<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-114\" target=\"_blank\" rel=\"noreferrer noopener\">[109]<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-115\" target=\"_blank\" rel=\"noreferrer noopener\">[110]<\/a>\u3002\u540c\u6708\uff0cBitfloor\u6062\u590d\u8fd0\u8425\uff0c\u5b83\u7684\u521b\u59cb\u4eba\u8bf4\uff0c\u4ed6\u5df2\u7ecf\u5c31\u76d7\u7a83\u4e8b\u4ef6\u4e0a\u62a5FBI\uff0c\u800c\u4e14\u4ed6\u6b63\u8ba1\u5212\u8d54\u507f\u53d7\u5bb3\u8005\uff0c\u4f46\u8d54\u507f\u7684\u65f6\u95f4\u8868\u5c1a\u4e0d\u6e05\u695a<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-116\" target=\"_blank\" rel=\"noreferrer noopener\">[111]<\/a>\u3002<\/li>\n\n\n\n<li>2013\u5e7411\u6708\uff0c\u7f51\u7edc\u94b1\u5305\u670d\u52a1\u5546\u00a0<a href=\"https:\/\/link.zhihu.com\/?target=http%3A\/\/inputs.io\" target=\"_blank\" rel=\"noreferrer noopener\">http:\/\/inputs.io<\/a>\u00a0\u88ab\u4e24\u4e2a\u9ed1\u5ba2\u5165\u4fb5\uff0c\u76d7\u8d704100\u6bd4\u7279\u5e01\uff0c\u76ee\u524d\u4ec51\u6bd4\u7279\u5e01\u4ee5\u4e0a\u7684\u8d26\u6237\u53ef\u83b7\u5f97\u8d54\u507f\u3002<\/li>\n\n\n\n<li>2014\u5e742\u670825\u65e5\uff0c\u603b\u90e8\u8bbe\u5728\u65e5\u672c\u4e1c\u4eac\u3001\u5168\u7403\u6700\u5927\u6bd4\u7279\u5e01\u5e73\u53f0\u00a0<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/Mt._Gox\" target=\"_blank\" rel=\"noreferrer noopener\">Mt. Gox<\/a>\uff0c\u56e0\u4e3a\u7f51\u7ad9\u5b89\u5168\u6f0f\u6d1e\uff0c\u5173\u95ed\u4e86\u81ea\u5df1\u7684\u7f51\u7ad9\u5e76\u505c\u6b62\u4e86\u4ea4\u6613\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-117\" target=\"_blank\" rel=\"noreferrer noopener\">[112]<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-118\" target=\"_blank\" rel=\"noreferrer noopener\">[113]<\/a><\/li>\n\n\n\n<li>2016\u5e748\u67088\u65e5\uff0c\u6bd4\u7279\u5e01\u4ea4\u6613\u6240 Bitfinex \u88ab\u76d7\u8d70119756\u4e2a\u6bd4\u7279\u5e01\uff0c\u5f53\u65f6\u4ef7\u683c\u8fbe7500\u4e07\u7f8e\u5143\uff0c\u635f\u5931\u7531\u6240\u6709\u7528\u6237\u6263\u966436.067%\u7684\u4f59\u989d\u5206\u62c5<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-119\" target=\"_blank\" rel=\"noreferrer noopener\">[114]<\/a>2022\u5e742\u6708\uff0c\u7f8e\u56fd\u53f8\u6cd5\u90e8\u7834\u83b7\u6b64\u6848\uff0c\u4ee5\u73b0\u4ef7\u6765\u8ba1\u7b97\uff0c\u4ef7\u503c\u8d85\u8fc745\u4ebf\u7f8e\u91d1\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-120\" target=\"_blank\" rel=\"noreferrer noopener\">[115]<\/a><\/li>\n\n\n\n<li>2019\u5e745\u67087\u65e5\uff0c\u5168\u7403\u6700\u5927\u4ea4\u6613\u6240<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E5%25B9%25A3%25E5%25AE%2589\" target=\"_blank\" rel=\"noreferrer noopener\">\u5e01\u5b89<\/a>\u5ba3\u5e03\u88ab\u76d77074\u6bd4\u7279\u5e01\uff0c\u5f53\u65f6\u4ef7\u683c\u8d85\u8fc74000\u4e07\u7f8e\u5143\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-121\" target=\"_blank\" rel=\"noreferrer noopener\">[116]<\/a><\/li>\n\n\n\n<li>2019\u5e747\u67088\u65e5\uff0c\u65e5\u672c\u4e1c\u4eac\u201cBITPoint Japan\u201d\u6bd4\u7279\u5e01\u5b58\u50a8\u4e0e\u4ea4\u6613\u516c\u53f8\u88ab\u9ed1\u5ba2\u76d7\u8d7035\u4ebf<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%2597%25A5%25E5%2585%2583\" target=\"_blank\" rel=\"noreferrer noopener\">\u65e5\u5143<\/a>\u6bd4\u7279\u5e01\uff0c\u5176\u4e2d25\u4ebf\u662f\u6c11\u4f17\u8d44\u4ea7\u7275\u6d89\u7ea6\u7528\u6237\u7ea6\u8fbe5\u4e07\u4eba<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-122\" target=\"_blank\" rel=\"noreferrer noopener\">[117]<\/a>\uff0cBITPoint Japan\u662f\u5728\u4e1c\u4eac\u4e8c\u677f\u5e02\u573a\u4e0a\u5e02\u7684Remixpoint\u65d7\u4e0b\u5b50\u516c\u53f8\u3002<\/li>\n\n\n\n<li>2019\u5e7411\u670827\u65e5\uff0c\u97e9\u56fd\u7684\u4ea4\u6613\u6240Upbit \u5ba3\u5e03\u88ab\u9ed1\u5ba2\u76d7\u53d6 342,000 \u9897\u4ee5\u592a\u5e01\uff0c\u5f53\u65f6\u4ef7\u683c\u8d854900\u4e07\u7f8e\u5143\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-123\" target=\"_blank\" rel=\"noreferrer noopener\">[118]<\/a><\/li>\n\n\n\n<li>2020\u5e742\u67085\u65e5\uff0c\u610f\u5927\u5229\u7684\u4ea4\u6613\u6240 Altsbits \u5ba3\u5e03\u906d\u76d7\u9ed1\u5ba2\u653b\u51fb\uff0c\u51e0\u4e4e\u5168\u90e8\u7684\u6bd4\u7279\u5e01\u3001\u4ee5\u592a\u5e01\u548c\u5176\u4ed6\u52a0\u5bc6\u8d27\u5e01\u5747\u88ab\u76d7\u8d70\uff0c\u4ef7\u503c\u8d85 30 \u4e07\u7f8e\u5143\u3002\u5e76\u4e14Aitsbits\u968f\u5373\u5ba3\u5e03\u57282020\u5e745\u67088\u65e5\u5173\u95ed\u7f51\u7ad9\u5e76\u505c\u6b62\u4ea4\u6613\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-124\" target=\"_blank\" rel=\"noreferrer noopener\">[119]<\/a><\/li>\n\n\n\n<li>2020\u5e749\u67088\u65e5\uff0c\u6377\u514b\u65af\u6d1b\u4f10\u514b\u7684\u4ea4\u6613\u6240 Eterbase \u5ba3\u5e03\u906d\u9ed1\u5ba2\u653b\u51fb\uff0c\u88ab\u76d7\u53d6\u4e86\u4ef7\u503c\u8d85\u8fc7 540 \u4e07\u7f8e\u5143\u7684\u6bd4\u7279\u5e01\u3001\u4ee5\u592a\u5e01\u548c\u5176\u4ed6\u52a0\u5bc6\u8d27\u5e01\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-125\" target=\"_blank\" rel=\"noreferrer noopener\">[120]<\/a><\/li>\n\n\n\n<li>2020\u5e749\u670826\u65e5\uff0cKucoin\u4ea4\u6613\u6240\u88ab\u9ed1\u5ba2\u76d7\u8d70\u4ef7\u503c\u8d851.5\u4ebf\u7f8e\u5143\u7684\u52a0\u5bc6\u8d27\u5e01\uff0c\u4e3b\u8981\u5305\u62ecERC-20\u4ee3\u5e01\uff0c\u6bd4\u7279\u5e01\u548c\u4ee5\u592a\u5e01\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-126\" target=\"_blank\" rel=\"noreferrer noopener\">[121]<\/a><\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h_14311648402_9\">4.3 \u6bd4\u7279\u5e01\u6316\u77ff\u50f5\u5c38<\/h3>\n\n\n\n<p>\u7f51\u7edc\u5b89\u5168\u516c\u53f8<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E8%25B6%25A8%25E5%258B%25A2%25E7%25A7%2591%25E6%258A%2580\" target=\"_blank\" rel=\"noreferrer noopener\">\u8d8b\u52bf\u79d1\u6280<\/a>\u63d0\u51fa\u4fe1\u606f\u5b89\u5168\u8b66\u544a\uff0c\u6bd4\u7279\u5e01\u91c7\u77ff\u6076\u610f\u8f6f\u4ef6\u7316\u7357\uff0c\u6839\u636e\u7edf\u8ba1\u65e5\u672c\u7ea63000\u53f0\u7535\u8111\u611f\u67d3\u4e86\u8be5\u75c5\u6bd2\uff0c\u7ea6\u5360\u5168\u7403\u7684\u56db\u5206\u4e4b\u4e00\u3001\u6570\u91cf\u5c45\u9996\uff0c\u8be5\u516c\u53f8\u547c\u5401\u65e5\u672c\u7528\u6237\u4e0d\u8981\u6d4f\u89c8\u53ef\u7591\u90ae\u4ef6\u53ca\u7f51\u7ad9\u3002\u7b2c\u4e8c\u4f4d\u662f\u7f8e\u56fd\u76842606\u53f0\uff08\u536021%\uff09\uff0c\u5176\u6b21\u4e3a\u6fb3\u5927\u5229\u4e9a\u3001\u5370\u5ea6\u3001\u6cd5\u56fd\u3001\u4e0e<em>\u4e2d\u56fd<\/em>\u53f0\u6e7e\u3002<\/p>\n\n\n\n<p>2010\u5e746\u6708\uff0c<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25BE%25B3%25E5%25A4%25A7%25E5%2588%25A9%25E4%25BA%259A%25E5%25B9%25BF%25E6%2592%25AD%25E5%2585%25AC%25E5%258F%25B8\" target=\"_blank\" rel=\"noreferrer noopener\">\u6fb3\u5927\u5229\u4e9a\u5e7f\u64ad\u516c\u53f8<\/a>\u53d1\u73b0\u4e00\u540d\u96c7\u5458\u7528\u516c\u53f8\u7684\u670d\u52a1\u5668\u8fdb\u884c\u6316\u77ff\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-127\" target=\"_blank\" rel=\"noreferrer noopener\">[122]<\/a><\/p>\n\n\n\n<p>2011\u5e746\u6708\uff0c\u7f51\u7edc\u5b89\u5168\u516c\u53f8<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E8%25B5%259B%25E9%2597%25A8%25E9%2593%2581%25E5%2585%258B\" target=\"_blank\" rel=\"noreferrer noopener\">\u8d5b\u95e8\u94c1\u514b<\/a>\u516c\u53f8\u53d1\u51fa\u8b66\u544a\uff0c<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E5%2583%25B5%25E5%25B0%25B8%25E7%25BD%2591%25E7%25BB%259C\" target=\"_blank\" rel=\"noreferrer noopener\">\u50f5\u5c38\u7f51\u7edc<\/a>\u6b63\u5728\u53c2\u4e0e\u5230\u6bd4\u7279\u5e01\u201c\u6316\u77ff\u201d\u4e2d\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-128\" target=\"_blank\" rel=\"noreferrer noopener\">[123]<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-129\" target=\"_blank\" rel=\"noreferrer noopener\">[124]<\/a>\u8fd9\u4f1a\u5360\u7528\u53d7\u5bb3\u8005\u7684\u8ba1\u7b97\u673a\u8fd0\u7b97\u80fd\u529b\u3001\u6d88\u8017\u989d\u5916\u7684\u7535\u529b\u5e76\u5bfc\u81f4\u4e3b\u673a\u6e29\u5ea6\u5347\u9ad8\u3002<\/p>\n\n\n\n<p>2011\u5e748\u6708\uff0c\u6bd4\u7279\u5e01\u6316\u77ff\u7684\u50f5\u5c38\u7f51\u7edc\u88ab\u53d1\u73b0\u4e86\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-130\" target=\"_blank\" rel=\"noreferrer noopener\">[125]<\/a>\u540c\u65f6\u4e5f\u53d1\u73b0\uff0c\u6728\u9a6c\u611f\u67d3\u7684\u201cMac OS X\u201d\u7535\u8111\u88ab\u7528\u4e8e\u6bd4\u7279\u5e01\u6316\u77ff\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-131\" target=\"_blank\" rel=\"noreferrer noopener\">[126]<\/a><\/p>\n\n\n\n<p>\u53e6\u5916\uff0c\u4e00\u4e9b\u6709\u4e89\u8bae\u8f6f\u4ef6\u4e5f\u5927\u91cf\u5229\u7528<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%2598%25BE%25E5%258D%25A1\" target=\"_blank\" rel=\"noreferrer noopener\">\u663e\u5361<\/a>\u7684<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E5%25B9%25B6%25E8%25A1%258C%25E8%25AE%25A1%25E7%25AE%2597\" target=\"_blank\" rel=\"noreferrer noopener\">\u5e76\u884c\u8ba1\u7b97<\/a>\u80fd\u529b\u751f\u6210\u50f5\u5c38\u7f51\u7edc\uff0c\u8fdb\u884c\u6bd4\u7279\u5e01\u6316\u77ff\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-132\" target=\"_blank\" rel=\"noreferrer noopener\">[127]<\/a><\/p>\n\n\n\n<p>2017\u5e7412\u67082\u65e5\uff0c<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E9%2598%25BF%25E6%25A0%25B9%25E5%25BB%25B7\" target=\"_blank\" rel=\"noreferrer noopener\">\u963f\u6839\u5ef7<\/a>\u9996\u90fd<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E5%25B8%2583%25E5%25AE%259C%25E8%25AB%25BE%25E6%2596%25AF%25E8%2589%25BE%25E5%2588%25A9%25E6%2596%25AF\" target=\"_blank\" rel=\"noreferrer noopener\">\u5e03\u5b9c\u8bfa\u65af\u827e\u5229\u65af<\/a>\u7684\u4e00\u5bb6<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%2598%259F%25E5%25B7%25B4%25E5%2585%258B\" target=\"_blank\" rel=\"noreferrer noopener\">\u661f\u5df4\u514b<\/a>\u5496\u5561\u9986\uff0c\u88ab\u53d1\u73b0\u5e97\u5185\u63d0\u4f9b\u987e\u5ba2\u4f7f\u7528\u7684&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/Wi-Fi\" target=\"_blank\" rel=\"noreferrer noopener\">Wi-Fi<\/a>&nbsp;\u906d\u690d\u5165&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/w\/index.php%3Ftitle%3DCoinhive%26action%3Dedit%26redlink%3D1\" target=\"_blank\" rel=\"noreferrer noopener\">Coinhive<\/a>&nbsp;\u6316\u77ff\u7a0b\u5e8f\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-133\" target=\"_blank\" rel=\"noreferrer noopener\">[128]<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h_14311648402_10\">5. \u76f8\u5173\u95ee\u9898<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h_14311648402_11\">5.1 \u6210\u4e3a\u72af\u7f6a\u5de5\u5177<\/h3>\n\n\n\n<p>\u6bd4\u7279\u5e01\u57fa\u4e8e\u4e0d\u53d7\u653f\u5e9c\u63a7\u5236\u3001\u76f8\u5bf9\u533f\u540d\u3001\u96be\u4ee5\u8ffd\u8e2a\u7684\u7279\u6027\uff0c\u548c\u5176\u5b83\u8d27\u5e01\u4e00\u6837\uff0c\u4e5f\u88ab\u7528\u6765\u8fdb\u884c\u975e\u6cd5\u4ea4\u6613\uff0c\u6210\u4e3a\u72af\u7f6a\u5de5\u5177\u3001\u6216\u9690\u533f\u72af\u7f6a\u6240\u5f97\u7684\u5de5\u5177\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h_14311648402_12\">5.2 \u5e9e\u6c0f\u9a97\u5c40\u6307\u8d23<\/h3>\n\n\n\n<p>\u6bd4\u7279\u5e01\u66fe\u7ecf\u88ab\u6307\u63a7\u4e3a\u201c<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E5%25BA%259E%25E6%25B0%258F%25E9%25AA%2597%25E5%25B1%2580\" target=\"_blank\" rel=\"noreferrer noopener\">\u5e9e\u6c0f\u9a97\u5c40<\/a>\u201d\uff0c\u56e0\u4e3a\u6bd4\u7279\u5e01\u7684\u6c47\u7387\u5728\u4e0d\u65ad\u5730\u4e0a\u6da8\uff0c\u800c\u65e9\u671f\u7684\u6bd4\u7279\u5e01\u7528\u6237\u6316\u77ff\u8f83\u4e3a\u5bb9\u6613\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-134\" target=\"_blank\" rel=\"noreferrer noopener\">[129]<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-135\" target=\"_blank\" rel=\"noreferrer noopener\">[130]<\/a>\u6b27\u6d32\u4e2d\u592e\u94f6\u884c\u66fe\u5bf9\u8fd9\u4e00\u865a\u62df\u8d27\u5e01\u8fdb\u884c\u4ed4\u7ec6\u8ba4\u771f\u7684\u7814\u7a76\uff0c\u57282012\u5e74\u53d1\u8868\u7684\u5206\u6790\u62a5\u544a\u4e2d\u8868\u793a\u4ee5\u73b0\u6709\u8d44\u6599\u96be\u4ee5\u5224\u65ad\u6bd4\u7279\u5e01\u662f\u6216\u4e0d\u662f\u5e9e\u6c0f\u9a97\u5c40\uff0c\u4e00\u65b9\u9762\u4e70\u5165\u6bd4\u7279\u5e01\u7684\u4eba\u9700\u8981\u627e\u5230\u5176\u4ed6\u4eba\u613f\u610f\u4e70\u5165\u65b9\u53ef\u53d6\u56de\u8d44\u91d1\uff0c\u8bb8\u591a\u4eba\u8ba4\u4e3a\u8fd9\u7b26\u5408\u5e9e\u6c0f\u9a97\u5c40\u7684\u7279\u5f81\uff0c\u4f46\u53e6\u4e00\u65b9\u9762\u6bd4\u7279\u5e01\u8ba1\u5212\u4ece\u6765\u6ca1\u6709\u5411\u4efb\u4f55\u4eba\u627f\u8bfa\u9ad8\u56de\u62a5\uff0c\u62a5\u544a\u8ba4\u4e3a\u5982\u679c\u4ee5\u91d1\u94b1\u4f5c\u8003\u91cf\uff0c\u6bd4\u7279\u5e01\u5bf9\u4e8e\u7528\u6237\u800c\u8a00\u662f\u4e00\u4e2a\u9ad8\u98ce\u9669\u7cfb\u7edf\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-136\" target=\"_blank\" rel=\"noreferrer noopener\">[131]<\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h_14311648402_13\">5.3 \u4ea4\u6613\u8bc8\u9a97\u95ee\u9898<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>2012\u5e748\u6708\u4e0b\u65ec\uff0cBitcoin Savings and Trust\u4ea4\u6613\u7f51\u7ad9\u88ab\u6240\u6709\u8005\u5173\u95ed\uff0c\u5e76\u7559\u4e0b\u636e\u79f0\u7ea6560\u4e07\u7f8e\u5143\u7684\u503a\u52a1\u3002\u540c\u65f6\u5bfc\u81f4\u5176\u88ab\u6307\u63a7\u64cd\u4f5c<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E5%25BA%259E%25E6%25B0%258F%25E9%25AA%2597%25E5%25B1%2580\" target=\"_blank\" rel=\"noreferrer noopener\">\u5e9e\u6c0f\u9a97\u5c40<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-137\" target=\"_blank\" rel=\"noreferrer noopener\">[132]<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-138\" target=\"_blank\" rel=\"noreferrer noopener\">[133]<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-139\" target=\"_blank\" rel=\"noreferrer noopener\">[134]<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-140\" target=\"_blank\" rel=\"noreferrer noopener\">[135]<\/a>\u30022012\u5e749\u6708\uff0c<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E7%25BE%258E%25E5%259B%25BD%25E8%25AF%2581%25E5%2588%25B8%25E4%25BA%25A4%25E6%2598%2593%25E5%25A7%2594%25E5%2591%2598%25E4%25BC%259A\" target=\"_blank\" rel=\"noreferrer noopener\">\u7f8e\u56fd\u8bc1\u5238\u4ea4\u6613\u59d4\u5458\u4f1a<\/a>\u5f00\u59cb\u8c03\u67e5\u8fd9\u4e00\u6848\u4ef6<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-141\" target=\"_blank\" rel=\"noreferrer noopener\">[136]<\/a>\u3002<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h_14311648402_14\">5.4 \u4e1d\u8def\u8d2d\u7269\u7f51\u7ad9<\/h3>\n\n\n\n<p>\u5728\u7f8e\u56fd\uff0c\u4e00\u4e2a\u533f\u540d\u5316\u7684\u4ea4\u6613<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E4%25B8%259D%25E7%25BB%25B8%25E4%25B9%258B%25E8%25B7%25AF_%28%25E5%258C%25BF%25E5%2590%258D%25E5%258C%2596%25E4%25BA%25A4%25E6%2598%2593%25E5%25B8%2582%25E5%259C%25BA%29\" target=\"_blank\" rel=\"noreferrer noopener\">\u4e1d\u7ef8\u4e4b\u8def<\/a>\u6240\u4e3b\u5bfc\uff0c\u81ea\u79f0\u4e3a<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E9%25BB%2591%25E5%25B8%2582\" target=\"_blank\" rel=\"noreferrer noopener\">\u9ed1\u5e02<\/a>\u4e9a\u9a6c\u900a<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/Amazon.com\" target=\"_blank\" rel=\"noreferrer noopener\">Amazon.com<\/a>\uff0c\u6bd4\u7279\u5e01\u662f\u5b83\u7684\u552f\u4e00\u4ea4\u6613\u8d27\u5e01\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-npr-06-12-11-142\" target=\"_blank\" rel=\"noreferrer noopener\">[137]<\/a>&nbsp;2011\u5e74\uff0c\u7ebd\u7ea6\u5dde\u53c2\u8bae\u5458<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%259F%25A5%25E5%2585%258B%25C2%25B7%25E8%2588%2592%25E9%25BB%2598\" target=\"_blank\" rel=\"noreferrer noopener\">\u67e5\u5c14\u65af\u00b7\u8212\u9ed8<\/a>\u548c\u5176\u4ed6\u4eba\u81f4\u4fe1\u7ed9\u7f8e\u56fd\u836f\u54c1\u7ba1\u7406\u5c40\uff0c\u6307\u8d23<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E4%25B8%259D%25E7%25BB%25B8%25E4%25B9%258B%25E8%25B7%25AF_%28%25E5%258C%25BF%25E5%2590%258D%25E5%258C%2596%25E4%25BA%25A4%25E6%2598%2593%25E5%25B8%2582%25E5%259C%25BA%29\" target=\"_blank\" rel=\"noreferrer noopener\">\u4e1d\u7ef8\u4e4b\u8def<\/a>\u8fd0\u7528\u6bd4\u7279\u5e01<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25B4%2597%25E9%2592%25B1\" target=\"_blank\" rel=\"noreferrer noopener\">\u6d17\u94b1<\/a>\uff0c\u8981\u6c42\u5bf9\u4e1d\u7ef8\u4e4b\u8def\u548c\u6bd4\u7279\u5e01\u5c55\u5f00\u8c03\u67e5\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-npr-06-12-11-142\" target=\"_blank\" rel=\"noreferrer noopener\">[137]<\/a>\u548c<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/TOR\" target=\"_blank\" rel=\"noreferrer noopener\">TOR<\/a>\u4e00\u6837\uff0c\u6bd4\u7279\u5e01\u90fd\u662f\u5408\u6cd5\u6280\u672f\uff0c\u88ab\u7528\u5728\u4e1d\u7ef8\u4e4b\u8def\u7684\u7f51\u7ad9\u4e2d\uff0c\u4e3a\u6267\u6cd5\u90e8\u95e8\u5e26\u6765\u4e86\u5f88\u591a\u96be\u9898\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-143\" target=\"_blank\" rel=\"noreferrer noopener\">[138]<\/a>\u4e0d\u8fc7\uff0c\u5f00\u53d1\u6bd4\u7279\u5e01\u7684\u6838\u5fc3\u6210\u5458Jeff Garzik\u8868\u793a\uff0c\u867d\u7136\u5404\u65b9\u7684\u8eab\u4efd\u662f\u533f\u540d\u7684\uff0c\u6267\u6cd5\u90e8\u95e8\u4ecd\u53ef\u4ee5\u5229\u7528\u5148\u8fdb\u7684\u7f51\u7edc\u5206\u6790\u6280\u672f\uff0c\u901a\u8fc7\u533a\u5757\u94fe\u4e2d\u516c\u5f00\u7684\u4ea4\u6613\u8bb0\u5f55\u6d41\u7a0b\u6765\u8ddf\u8e2a\u5355\u4e2a\u6bd4\u7279\u5e01\u7528\u6237\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-144\" target=\"_blank\" rel=\"noreferrer noopener\">[139]<\/a>&nbsp;2013\u5e7411\u6708\uff0c<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E4%25B8%259D%25E7%25BB%25B8%25E4%25B9%258B%25E8%25B7%25AF_%28%25E5%258C%25BF%25E5%2590%258D%25E5%258C%2596%25E4%25BA%25A4%25E6%2598%2593%25E5%25B8%2582%25E5%259C%25BA%29\" target=\"_blank\" rel=\"noreferrer noopener\">\u4e1d\u7ef8\u4e4b\u8def<\/a>\u5df2\u7ecf\u88ab\u7f8e\u56fd\u653f\u5e9c\u67e5\u5c01\u3002 2014\u5e741\u6708\uff0c<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E7%25BE%258E%25E5%259C%258B%25E5%258F%25B8%25E6%25B3%2595%25E9%2583%25A8\" target=\"_blank\" rel=\"noreferrer noopener\">\u7f8e\u56fd\u53f8\u6cd5\u90e8<\/a>\u5ba3\u5e03\uff0c\u6bd4\u7279\u5e01\u4ea4\u6613\u7ad9\u8fd0\u8425\u8005\u7f57\u4f2f\u7279\u00b7\u6cd5\u4f0a\u62c9\uff08Robert Faiella\uff09\u548c<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%259F%25A5%25E7%2590%2586%25C2%25B7%25E5%258F%25B2%25E7%2591%259E%25E5%25A7%2586\" target=\"_blank\" rel=\"noreferrer noopener\">\u67e5\u7406\u00b7\u53f2\u745e\u59c6<\/a>\u88ab\u6b63\u5f0f\u6307\u63a7\u53c2\u4e0e\u6d17\u9ed1\u94b1\uff0c\u5e2e\u52a9<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E4%25B8%259D%25E7%25BB%25B8%25E4%25B9%258B%25E8%25B7%25AF_%28%25E5%258C%25BF%25E5%2590%258D%25E5%258C%2596%25E4%25BA%25A4%25E6%2598%2593%25E5%25B8%2582%25E5%259C%25BA%29\" target=\"_blank\" rel=\"noreferrer noopener\">\u4e1d\u7ef8\u4e4b\u8def<\/a>\u8d29\u6bd2\u8005\u5c06100\u4e07\u7f8e\u5143\u5151\u6362\u6210\u4e3a\u6bd4\u7279\u5e01\u3002&nbsp;<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-145\" target=\"_blank\" rel=\"noreferrer noopener\">[140]<\/a><\/p>\n\n\n\n<p>\u7531\u4e8e\u548c\u8fdd\u6cd5\u884c\u4e3a\u4e4b\u95f4\u5e38\u6709\u7275\u8fde\uff0c\u56e0\u6b64\u6bd4\u7279\u5e01\u53d7\u5230\u8bb8\u591a\u4e25\u5389\u7684\u67e5\u770b\u3002\u57282013\u5e74\uff0c\u7f8e\u56fd\u8054\u90a6\u8c03\u67e5\u5c40\u5f3a\u5236\u5173\u95ed\u5728\u7ebf<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E9%25BB%2591%25E5%25B8%2582\" target=\"_blank\" rel=\"noreferrer noopener\">\u9ed1\u5e02<\/a>\u201c<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E7%25B5%25B2%25E8%25B7%25AF_%28%25E8%25B3%25BC%25E7%2589%25A9%25E7%25B6%25B2%25E7%25AB%2599%29\" target=\"_blank\" rel=\"noreferrer noopener\">\u4e1d\u7ef8\u4e4b\u8def<\/a>\u201d\uff0c\u5e76\u67e5\u6263144,000\u6bd4\u7279\u5e01\uff0c\u5f53\u65f6\u7ea6\u503c2,850\u4e07\u7f8e\u5143<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-146\" target=\"_blank\" rel=\"noreferrer noopener\">[141]<\/a>\u3002\u4f46\u82e5\u4e0e\u5176\u4ed6\u56fd\u5bb6\u6bd4\u8f83\uff0c\u7f8e\u56fd\u653f\u5e9c\u5bf9\u6bd4\u7279\u5e01\u6301\u76f8\u5bf9\u53cb\u5584\u7684\u6001\u5ea6<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-capcont-147\" target=\"_blank\" rel=\"noreferrer noopener\">[142]<\/a>\u3002\u4e2d\u56fd\u5927\u9646\u653f\u5e9c\u7684\u65b0\u89c4\u5b9a\u9650\u5236\u4e86\u4eba\u6c11\u5e01\u548c\u6bd4\u7279\u5e01\u4e4b\u95f4\u7684\u4ea4\u6613<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-ccontrols-148\" target=\"_blank\" rel=\"noreferrer noopener\">[143]<\/a>\u3002\u6b27\u6d32\u94f6\u884c\u4e1a\u7ba1\u7406\u5c40\u5219\u8b66\u544a\u6bd4\u7279\u5e01\u7f3a\u4e4f\u5bf9\u6d88\u8d39\u8005\u7684\u4fdd\u969c<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-149\" target=\"_blank\" rel=\"noreferrer noopener\">[144]<\/a>\u3002\u6bd4\u7279\u5e01\u53ef\u80fd\u906d\u7a83\u4e14\u5728\u6280\u672f\u4e0a\u4e0d\u53ef\u80fd\u83b7\u5f97\u4efb\u4f55\u8865\u507f<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-150\" target=\"_blank\" rel=\"noreferrer noopener\">[145]<\/a>\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h_14311648402_15\">5.5 \u52d2\u7d22<\/h3>\n\n\n\n<p>\u6bd4\u7279\u5e01\u4e5f\u666e\u904d\u88ab\u7528\u6765\u5f53\u6210<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E5%258B%2592%25E7%25B4%25A2%25E8%25BB%259F%25E9%25AB%2594\" target=\"_blank\" rel=\"noreferrer noopener\">\u52d2\u7d22\u8f6f\u4ef6<\/a>\u7684\u91d1\u6d41\u5de5\u5177\uff0c\u624b\u6cd5\u662f\u9a87\u5165\u53d7\u5bb3\u8005\u7684\u7535\u8111\u540e\uff0c\u5c06\u53d7\u5bb3\u8005\u7684\u7535\u8111\u7684\u6587\u4ef6\u52a0\u5bc6\uff0c\u53d7\u5bb3\u8005\u5728\u7ea672-96\u5c0f\u65f6\u7684\u65f6\u9650\u5185\u5fc5\u987b\u652f\u4ed8\u4e00\u5b9a\u91d1\u989d\u540e\uff0c\u624d\u80fd\u83b7\u53d6\u5bc6\u94a5\u89e3\u5bc6\uff0c\u5426\u5219\u8d85\u65f6\u5bc6\u94a5\u9500\u6bc1\uff0c\u53d7\u5bb3\u8005\u5982\u8981\u89e3\u5f00\u5df2\u88ab\u52a0\u5bc6\u7684\u6587\u4ef6\u5c06\u975e\u5e38\u56f0\u96be\uff0c\u56e0\u6b64\uff0c\u4e0d\u53ea\u4e2a\u4eba<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-151\" target=\"_blank\" rel=\"noreferrer noopener\">[146]<\/a>\uff0c\u5b66\u6821<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-152\" target=\"_blank\" rel=\"noreferrer noopener\">[147]<\/a>\u3001\u8bc1\u5238\u5546<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-153\" target=\"_blank\" rel=\"noreferrer noopener\">[148]<\/a>\u3001\u533b\u9662<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-154\" target=\"_blank\" rel=\"noreferrer noopener\">[149]<\/a>\u3001\u5bfa\u5e99<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-155\" target=\"_blank\" rel=\"noreferrer noopener\">[150]<\/a>\u4e0d\u7b49\uff0c\u800c\u4e14\u8fd8\u53d1\u5c55\u51fa\u4ee5\u6bd4\u7279\u5e01\u4e3a\u62a5\u916c\u7684\u9ed1\u5ba2\u653b\u51fb\u670d\u52a1<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-156\" target=\"_blank\" rel=\"noreferrer noopener\">[151]<\/a><\/p>\n\n\n\n<p>2017\u5e745\u6708\uff0c\u4e00\u6b3e\u540d\u4e3a<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/WannaCry\" target=\"_blank\" rel=\"noreferrer noopener\">WannaCry<\/a>\u7684\u52d2\u7d22\u8f6f\u4ef6\uff0c\u9020\u6210\u6570\u5341\u4e07\u53f0\u7535\u8111\u906d\u5230\u611f\u67d3\uff0c\u4e5f\u662f\u4ee5\u6bd4\u7279\u5e01\u4e3a\u652f\u4ed8\u5de5\u5177\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-157\" target=\"_blank\" rel=\"noreferrer noopener\">[152]<\/a>&nbsp;2017\u5e746\u6708\uff0c\u53e6\u4e00\u6b3e\u540d\u4e3a<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/Petya\" target=\"_blank\" rel=\"noreferrer noopener\">Petya<\/a>\u7684\u52d2\u7d22\u8f6f\u4ef6\uff0c\u4e5f\u662f\u4ee5\u6bd4\u7279\u5e01\u4e3a\u652f\u4ed8\u5de5\u5177\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-158\" target=\"_blank\" rel=\"noreferrer noopener\">[153]<\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h_14311648402_16\">5.6 \u96c6\u8d44\u9a97\u5c40<\/h3>\n\n\n\n<p>2018\u5e74\u4e2d\uff0c5\u4e2a\u6708\u5185\u5df2\u6709\u8fd1\u4e09\u767e\u79cd\u865a\u62df\u8d27\u5e01\u51fa\u73b0\uff0c\u5f53\u4e2d\u5b83\u4eec\u4ea6\u6d41\u884c\u4ee5ICO\u52df\u6b3e\u3002\u800c\u6700\u8fd1\u56db\u6708\u53d1\u751f\u7684\u8d8a\u5357\u865a\u62df\u8d27\u5e01Pincoin\u4e8e\u96c6\u8d44\u540e\u7b79\u52df\u5f97\u516d\u4ebf\u516d\u5343\u4e07\u7f8e\u5143\u540e\u5931\u8e2a\uff0c\u4ea6\u5f15\u8d77\u5e02\u6c11\u7684\u54c4\u52a8\u53ca\u7559\u610f\u3002\u800c\u540c\u5e743\u670819\u65e5\uff0c\u9999\u6e2f\u8bc1\u76d1\u4f1a\u4ea6\u9996\u6b21\u53eb\u505c\u5728\u6e2f\u96c6\u8d44\u7684\u9996\u6b21\u4ee3\u5e01\u53d1\u884c\u8ba1\u5212<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-159\" target=\"_blank\" rel=\"noreferrer noopener\">[154]<\/a>\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h_14311648402_17\">6. \u8bc4\u4ef7<sup><a href=\"https:\/\/zhuanlan.zhihu.com\/p\/14311648402#ref_1\">[1]<\/a><\/sup><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h_14311648402_18\">6.1 \u4e2a\u4eba\u8bc4\u4ef7<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>2014\u5e742\u670827\u65e5\uff0c\u7f8e\u56fd\u6c11\u4e3b\u515a\u53c2\u8bae\u5458<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E4%25B9%2594%25C2%25B7%25E6%259B%25BC%25E9%2592%25A6\" target=\"_blank\" rel=\"noreferrer noopener\">\u4e54\u00b7\u66fc\u94a6<\/a>\uff08Joe Manchin\uff09\u8fd1\u65e5\u5411\u8054\u90a6\u653f\u5e9c\u53d1\u51fa\u516c\u5f00\u4fe1\uff0c\u5e0c\u671b\u6709\u5173\u90e8\u5206\u91cd\u89c6\u6bd4\u7279\u5e01\u6270\u4e71\u91d1\u878d\u5e02\u573a\u7684\u4e0d\u826f\u73b0\u8c61\uff0c\u63d0\u8bae\u5c01\u6740\u6bd4\u7279\u5e01\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-205\" target=\"_blank\" rel=\"noreferrer noopener\">[200]<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-206\" target=\"_blank\" rel=\"noreferrer noopener\">[201]<\/a>\u00a0\u7f8e\u8054\u50a8\u4e3b\u5e2d\u8036\u4f26\u5728\u53c2\u8bae\u9662\u94f6\u884c\u59d4\u5458\u4f1a\u4f5c\u8bc1\u65f6\uff0c\u56de\u5e94\u897f\u5f17\u5409\u5c3c\u4e9a\u5dde\u53c2\u8bae\u5458\u4e54\u00b7\u66fc\u94a6\u7684\u5173\u4e8e\u6bd4\u7279\u5e01\u7684\u63d0\u95ee\u65f6\u8868\u793a\uff0c\u201c\u7f8e\u8054\u50a8\u5bf9\u6bd4\u7279\u5e01\u6ca1\u6709\u7ba1\u8f96\u6743\u201d\u3002\u66fc\u94a6\u5bf9\u8036\u4f26\u7684\u8868\u8ff0\u611f\u5230\u5931\u671b\uff0c\u5e76\u8ba4\u4e3a\uff0c\u5728\u4e0d\u4e45\u7684\u5c06\u6765\uff0c\u7f8e\u8054\u50a8\u94f6\u884c\u548c\u6bd4\u7279\u5e01\u4e4b\u95f4\u4f1a\u53d1\u751f\u5229\u5bb3\u51b2\u7a81\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-207\" target=\"_blank\" rel=\"noreferrer noopener\">[202]<\/a><\/li>\n\n\n\n<li>2014\u5e742\u670826\u65e5\uff0cInterTrader\u7684\u603b\u7ecf\u7406\uff08Managing Director\uff09Shai Heffetz\u7684\u8bdd\u8bf4\uff1a\u201c\u8bb8\u591a\u7684\u653f\u5e9c\u5f00\u59cb\u4e86\u89e3\u6bd4\u7279\u5e01\u5bf9\u4e8e\u4f20\u7edf\u7684\u6cd5\u5b9a\u8d27\u5e01\u53ef\u4ee5\u5c55\u73b0\u7684\u771f\u6b63\u5a01\u80c1\uff0c\u4e5f\u56e0\u6b64\u5b83\u4eec\u662f\u6709\u610f\u56fe\u8981\u5173\u95ed<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/Mt.Gox\" target=\"_blank\" rel=\"noreferrer noopener\">Mt.Gox<\/a>\u7684\u3002\u73b0\u4e0b\u5168\u7403\u8d27\u5e01\u6218\u4e89\u53d8\u5730\u6fc0\u70c8\u800c\u8840\u8165\uff0c\u6240\u6709\u7684\u56fd\u5bb6\u90fd\u5927\u91cf\u5370\u5236\u949e\u7968\u5e76\u4e14\u626d\u66f2\u6570\u636e\u4ee5\u63a9\u76d6\u4ed6\u4eec\u75af\u72c2\u5370\u949e\u7968\u7684\u4e8b\u5b9e\u3002\u4eba\u4eec\u53e3\u888b\u91cc\u9762\u7684\u949e\u7968\u6216\u8bb8\u8fd8\u53ef\u4ee5\u586b\u9971\u809a\u5b50\uff0c\u4f46\u4e8b\u5b9e\u662f\uff0c\u751f\u6d3b\u652f\u51fa\u7684\u4ee3\u4ef7\u5728\u8fc7\u53bb\u4e94\u5e74\u5185\u51fa\u73b0\u663e\u8457\u7684\u589e\u52a0\uff0c\u6301\u7eed\u7684\u8d27\u5e01\u5bbd\u677e\u5e76\u65e0\u6cd5\u6c38\u7eed\u3002\u6bd4\u7279\u5e01\u548c\u5176\u5b83\u7684\u66ff\u4ee3\u8d27\u5e01\u6b63\u5728\u5f00\u59cb\u88ab\u8ba4\u4e3a\u662f\u4f20\u7edf\u6cd5\u5e01\u7684\u53ef\u884c\u6027\u66ff\u4ee3\u65b9\u6848\uff1b\u56e0\u4e3a\u6bd4\u7279\u5e01\u65e0\u6cd5\u53d7\u5230\u4efb\u4f55\u653f\u5e9c\u7684\u64cd\u7eb5\uff0c\u5168\u4e16\u754c\u7684\u638c\u6743\u6d3e\u5f00\u59cb\u5fe7\u8651\u5e76\u5c55\u5f00\u4e00\u6ce2\u9547\u538b\uff1b\u5f53\u88ab\u63a9\u76d6\u7684\u901a\u8d27\u81a8\u8124\u4e8b\u5b9e\u6e10\u6e10\u88ab\u5916\u754c\u83b7\u77e5\u65f6\uff0c\u4eba\u4eec\u5c31\u4f1a\u5f00\u59cb\u91c7\u4fe1\u67d0\u4e00\u79cd\u72ec\u7acb\u7684\u6570\u5b57\u8d27\u5e01\u4ee5\u53d6\u4ee3\u4ef7\u503c\u906d\u5230\u8fc7\u5ea6\u81a8\u80c0\u7684\u4f20\u7edf\u6cd5\u5e01\u3002\u201d\u201cMt.Gox\u7684\u4e2d\u65ad\u636e\u4f20\u6e90\u4e8e\u5168\u7403\u653f\u5e9c\u5bf9\u4e8e\u6bd4\u7279\u5e01\u7684\u9547\u538b\u201d \u7f51\u7edc\u5a92\u4f53HITC\u62a5\u5bfc\u3002<\/li>\n\n\n\n<li>\u300a\u89e3\u5bc6\u6bd4\u7279\u5e01\u300b\u7684\u4f5c\u8005\u5218\u5b81\u548c\u6c88\u5927\u6d77\u8ba4\u4e3a\uff0c\u6bd4\u7279\u5e01\u662f\u4e00\u4e2a\u5168\u7403\u7528\u6237\u901a\u8fc7\u4e92\u8054\u7f51\u201c\u5e7f\u64ad\u548c\u7ba1\u7406\u5e10\u5355\u7684\u7cfb\u7edf\u3002\u201d<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-208\" target=\"_blank\" rel=\"noreferrer noopener\">[203]<\/a><\/li>\n\n\n\n<li>\u58f9\u6bd4\u7279\u6570\u5b57\u79d1\u6280\u516c\u53f8CMO\u9f9a\u660e\u8ba4\u4e3a\uff0c\u6bd4\u7279\u5e01\u662f\u76ee\u524d\u5168\u7403\u7b2c\u4e00\u4e2a\u6210\u529f\u7684\u9053\u53ef\u601d\/DACs(\u53d1\u6563\u667a\u80fd\u534f\u8c03\u673a\u5236)\u3002\u5728\u8fd9\u4e4b\u524d\u4ece\u6765\u6ca1\u6709\u4e00\u4e2a\u9879\u76ee\u50cf\u6bd4\u7279\u5e01\u8fd9\u6837\uff0c\u5728\u5168\u7403\u8303\u56f4\u5185\u5438\u5f15\u8fd9\u4e48\u591a\u4eba\u529b\u7269\u529b\u53c2\u4e0e\uff0c\u4e0d\u4ec5\u4ea7\u751f\u4e86\u5de8\u5927\u5f71\u54cd\uff0c\u540c\u65f6\u7ed9\u6240\u6709\u53c2\u4e0e\u8005\u5e26\u6765\u5de8\u5927\u56de\u62a5\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-209\" target=\"_blank\" rel=\"noreferrer noopener\">[204]<\/a><\/li>\n\n\n\n<li>\u53c2\u4e0e\u5f00\u53d1\u8005\u8ba4\u4e3a\u5b83\u662f\u7c7b\u4f3c<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E4%25BF%25A1\" target=\"_blank\" rel=\"noreferrer noopener\">\u6bd4\u7279\u4fe1<\/a>\uff08Bitmessage\uff09\u7684\u4e92\u8054\u7f51\u6280\u672f\uff0c\u662f\u53bb\u4e2d\u5fc3\u5316\u8fd0\u52a8\u7684\u4e00\u90e8\u5206\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-210\" target=\"_blank\" rel=\"noreferrer noopener\">[205]<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-211\" target=\"_blank\" rel=\"noreferrer noopener\">[206]<\/a><\/li>\n\n\n\n<li>\u8bfa\u8d1d\u5c14\u7ecf\u6d4e\u5b66\u5f97\u4e3b<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E4%25BF%259D%25E7%25BE%2585%25C2%25B7%25E5%2585%258B%25E9%25AD%25AF%25E6%259B%25BC\" target=\"_blank\" rel=\"noreferrer noopener\">\u4fdd\u7f57\u00b7\u514b\u9c81\u66fc<\/a>\uff0c\u8ba4\u4e3a\u201c\u6bd4\u7279\u5e01\u662f\u90aa\u6076\u7684\u201d\uff0c\u53d1\u8868\u4e86\u82e5\u5e72\u5bf9\u4e8e\u6bd4\u7279\u5e01\u7684\u770b\u6cd5\u3002<\/li>\n\n\n\n<li>\u7ebd\u7ea6\u5dde\u53c2\u8bae\u5458\u67e5\u5c14\u65af\u00b7\u8212\u9ed8\u548c\u5176\u4ed6\u4eba2011\u5e74\uff0c\u81f4\u4fe1\u7ed9\u7f8e\u56fd<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E7%25BE%258E%25E5%259B%25BD%25E7%25BC%2589%25E6%25AF%2592%25E5%25B1%2580\" target=\"_blank\" rel=\"noreferrer noopener\">\u836f\u54c1\u7ba1\u7406\u5c40<\/a>\u6307\u8d23<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E7%25B5%25B2%25E8%25B7%25AF_%28%25E8%25B3%25BC%25E7%2589%25A9%25E7%25B6%25B2%25E7%25AB%2599%29\" target=\"_blank\" rel=\"noreferrer noopener\">\u4e1d\u7ef8\u4e4b\u8def<\/a>\u8fd0\u7528\u6bd4\u7279\u5e01<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25B4%2597%25E9%2592%25B1\" target=\"_blank\" rel=\"noreferrer noopener\">\u6d17\u94b1<\/a>\uff0c\u8981\u6c42\u5bf9\u4e1d\u7ef8\u4e4b\u8def\u548c\u6bd4\u7279\u5e01\u5c55\u5f00\u8c03\u67e5\u3002<\/li>\n\n\n\n<li>\u6bd4\u7279\u5e01\u8d44\u6df1\u5f00\u53d1\u8005\u9a6c\u63d0\u00b7\u9a6c\u5c14\u5bc6\uff08Martti Malmi\uff092013\u5e745\u6708\uff0c\u5728\u7f8e\u56fd\u68c0\u5bdf\u9662\u5bf9\u7c7b\u4f3c\u6bd4\u7279\u5e01\u7684\u3001\u7528\u4e2d\u592e\u670d\u52a1\u5668\u7ba1\u7406\u7684<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E8%2587%25AA%25E7%2594%25B1%25E5%2584%25B2%25E5%2582%2599%25E9%258A%2580%25E8%25A1%258C\" target=\"_blank\" rel=\"noreferrer noopener\">\u81ea\u7531\u50a8\u5907\u94f6\u884c<\/a>Liberty Reserve\u63d0\u8d77\u63a7\u8bc9\uff0c\u5e76\u67e5\u5c01\u5176\u7f51\u7ad9\u548c\u902e\u6355\u76f8\u5173\u6d89\u6848\u4eba\u5458\u540e\uff0c<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-212\" target=\"_blank\" rel=\"noreferrer noopener\">[207]<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-213\" target=\"_blank\" rel=\"noreferrer noopener\">[208]<\/a>\u9a6c\u63d0\u00b7\u9a6c\u5c14\u5bc6\uff08Martti Malmi\uff09\u8ba4\u4e3a\u548cLiberty Reserve\u4e0d\u540c\uff0c\u6bd4\u7279\u5e01\u662f<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E5%25AF%25B9%25E7%25AD%2589%25E7%25BD%2591%25E7%25BB%259C\" target=\"_blank\" rel=\"noreferrer noopener\">\u5bf9\u7b49\u7f51\u7edc<\/a>\u4e2d\u6ca1\u6709\u5b9e\u4f53\u7684<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E7%2594%25B5%25E8%2584%2591%25E7%25A8%258B%25E5%25BA%258F\" target=\"_blank\" rel=\"noreferrer noopener\">\u7535\u8111\u7a0b\u5e8f<\/a>\uff0c\u80fd\u548c<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E7%25A7%258D%25E5%25AD%2590%25E6%2596%2587%25E4%25BB%25B6\" target=\"_blank\" rel=\"noreferrer noopener\">\u79cd\u5b50\u6587\u4ef6<\/a>\u4e00\u6837\u4f20\u64ad\uff0c\u7f8e\u56fd\u653f\u5e9c\u8fd8\u65e0\u6cd5\u5c01\u6740\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-214\" target=\"_blank\" rel=\"noreferrer noopener\">[209]<\/a><\/li>\n\n\n\n<li>\u7f8e\u56fd\u5546\u54c1\u671f\u8d27\u4ea4\u6613\u59d4\u5458\u4f1a\u7406\u4e8bBart Chilton\u8ba4\u4e3a\u5b83\u662f\u4e00\u79cd\u671f\u8d27\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-215\" target=\"_blank\" rel=\"noreferrer noopener\">[210]<\/a><\/li>\n\n\n\n<li>\u4e9a\u6d32\u9996\u5bcc<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%259D%258E%25E5%2598%2589%25E8%25AA%25A0\" target=\"_blank\" rel=\"noreferrer noopener\">\u674e\u5609\u8bda<\/a>2013\u5e74\uff0c\u900f\u8fc7\u65d7\u4e0b\u7684\u7ef4\u6e2f\u6295\u8d44\uff08Horizons Ventures\uff09\u6295\u8d44\u7f8e\u56fd\u6bd4\u7279\u5e01\u652f\u4ed8\u516c\u53f8 BitPay \uff0c\u6570\u989d\u4e0d\u8be6\uff0c\u8fd9\u662f\u4e00\u5bb6\u76f8\u5f53\u4e8e\u6bd4\u7279\u5e01\u9886\u57df\u7684<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/PayPal\" target=\"_blank\" rel=\"noreferrer noopener\">PayPal<\/a>\u7684\u516c\u53f8\u3002<\/li>\n\n\n\n<li><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E7%25BE%258E%25E8%2581%2594%25E5%2582%25A8\" target=\"_blank\" rel=\"noreferrer noopener\">\u7f8e\u8054\u50a8<\/a>\u7406\u4e8b\u4f1a\u526f\u4e3b\u5e2dJanet Yellen\u5728\u53c2\u52a0\u4e0a\u6d77\u56fd\u9645\u8d27\u5e01\u4f1a\u8bae\u65f6\u8868\u793a\uff0c\u65b0\u578b\u7f51\u7edc\u8d27\u5e01\u4ee4\u94f6\u884c\u5bb6\u4eec\u4e0d\u5b89\uff0c\u53ef\u80fd\u6210\u4e3a\u6270\u4e71\u91d1\u878d\u79e9\u5e8f\u7684\u5de5\u5177\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-216\" target=\"_blank\" rel=\"noreferrer noopener\">[211]<\/a><\/li>\n\n\n\n<li>\u4e2d\u56fd\u4eba\u6c11\u94f6\u884c\u526f\u884c\u957f<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%2598%2593%25E7%25BA%25B2\" target=\"_blank\" rel=\"noreferrer noopener\">\u6613\u7eb2<\/a>\uff0c\u57282013\u5e74\u7684\u4e00\u573a\u8bba\u575b\u4e0a\u8868\u793a\uff0c\u4ece\u4eba\u6c11\u94f6\u884c\u89d2\u5ea6\uff0c\u8fd1\u671f\u4e0d\u53ef\u80fd\u627f\u8ba4\u6bd4\u7279\u5e01\u7684\u5408\u6cd5\u6027\u3002\u4f46\u4ed6\u540c\u65f6\u8ba4\u4e3a\uff0c\u6bd4\u7279\u5e01\u4ea4\u6613\u4f5c\u4e3a\u4e00\u79cd\u4e92\u8054\u7f51\u4e0a\u7684\u4e70\u5356\u884c\u4e3a\uff0c\u666e\u901a\u6c11\u4f17\u62e5\u6709\u53c2\u4e0e\u7684\u81ea\u7531\u3002\u6b64\u5916\uff0c\u6613\u7eb2\u8fd8\u6307\u51fa\u6bd4\u7279\u5e01\u201c\u5f88\u6709\u7279\u70b9\u201d\uff0c\u5177\u6709\u201c\u542f\u53d1\u6027\u201d\uff0c\u4e2a\u4eba\u4f1a\u4fdd\u6301\u957f\u671f\u5173\u6ce8\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-217\" target=\"_blank\" rel=\"noreferrer noopener\">[212]<\/a><\/li>\n\n\n\n<li>\u6bd4\u7279\u5e01\u98ce\u9669\u6295\u8d44\u57fa\u91d1\u7684\u7ecf\u7406\u4eec\u8ba4\u4e3a\uff0c\u5b83\u662f\u4e00\u79cd\u5d2d\u65b0\u578b\u7684\u5546\u4e1a\u6a21\u5f0f\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-218\" target=\"_blank\" rel=\"noreferrer noopener\">[213]<\/a><\/li>\n\n\n\n<li>\u5e03\u9686\u4f2f\u683c\u57fa\u91d1\u7684\u8463\u4e8b\u957fJon Soberg\u8868\u793a\uff0c\u6bd4\u7279\u5e01\u5f88\u53ef\u80fd\u4f1a\u8ba9\u4fe1\u7528\u5361\u8fc7\u65f6\uff0c\u5e26\u6765\u4e00\u573a\u91d1\u878d\u9769\u547d\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-219\" target=\"_blank\" rel=\"noreferrer noopener\">[214]<\/a><\/li>\n\n\n\n<li>\u7f8e\u94f6\u7f8e\u6797\u5229\u7387\u4e0e\u5916\u6c47\u7814\u7a76\u5168\u7403\u4e3b\u7ba1David Woo 2013\u5e7412\u6708\uff0c\u53d1\u5e03\u7814\u62a5\u5bf9\u6bd4\u7279\u5e01\u4f30\u503c1300\u7f8e\u5143\uff0c\u4ed6\u8ba4\u4e3a\u201c\u6bd4\u7279\u5e01\u80fd\u591f\u6210\u4e3a\u7535\u5b50\u5546\u52a1\u7684\u4e00\u79cd\u4e3b\u8981\u652f\u4ed8\u65b9\u5f0f\uff0c\u5e76\u4e14\u6210\u4e3a\u4f20\u7edf\u8d27\u5e01\u4ea4\u6613\u7684\u6709\u529b\u7ade\u4e89\u8005\u201d\u3002\u8fd9\u662f\u534e\u5c14\u8857\u6295\u884c\u9996\u6b21\u5c06\u6bd4\u7279\u5e01\u7eb3\u5165\u7814\u7a76\u8303\u56f4\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-220\" target=\"_blank\" rel=\"noreferrer noopener\">[215]<\/a><\/li>\n\n\n\n<li>\u6bd4\u7279\u5e01\u8d44\u6df1\u5f00\u53d1\u8005\u3001Bitpay<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E5%25BC%2580%25E6%25BA%2590%25E8%25BD%25AF%25E4%25BB%25B6\" target=\"_blank\" rel=\"noreferrer noopener\">\u5f00\u6e90\u8f6f\u4ef6<\/a>\u5de5\u7a0b\u5e08Garzik\u8ba4\u4e3a\uff0c\u548c\u56fd\u5bb6\u53d1\u884c\u5730\u8d27\u5e01\u4e00\u6837\uff0c\u6bd4\u7279\u5e01\u662f\u4e2a\u4eba\u53d1\u884c\u5730\u5408\u6cd5\u8d27\u5e01\u3002\u4ed6\u8fd8\u8ba4\u4e3a\uff0c2013\u5e74\uff0c\u66fe\u4e3a<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E8%25B0%25B7%25E6%25AD%258C\" target=\"_blank\" rel=\"noreferrer noopener\">\u8c37\u6b4c<\/a>\u7b49\u5168\u7403500\u5f3a\u4f01\u4e1a\u4f9b\u804c\u7684\u3001\u6bd4\u7279\u5e01\u7684\u81ea\u613f\u5de5\u4f5c\u8005\u4eec\u7eb7\u7eb7\u5f00\u59cb\u8df3\u69fd\uff0c\u5305\u62ec\u4ed6\u81ea\u5df1\u4e5f\u6210\u4e86\u6bd4\u7279\u5e01\u91d1\u878d\u4f01\u4e1a\u4e2d\u7684\u5168\u804c\u96c7\u5458\u3002\u00a0<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-221\" target=\"_blank\" rel=\"noreferrer noopener\">[216]<\/a><\/li>\n\n\n\n<li>\u9999\u6e2f\u57ce\u5e02\u5927\u5b66\u6559\u6388\u90b9\u5609\u5f66\u8ba4\u4e3a\uff0c2013\u5e74\u6bd4\u7279\u5e01\u6210\u4e3a\u6cdb\u534e\u5730\u533a\u6700\u53d7\u5173\u6ce8\u7684\u793e\u4f1a\u73b0\u8c61\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-222\" target=\"_blank\" rel=\"noreferrer noopener\">[217]<\/a><\/li>\n\n\n\n<li>2017\u5e7411\u6708\uff0c\u97e9\u56fd\u603b\u7406<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%259D%258E%25E6%25B4%259B%25E6%25B7%25B5\" target=\"_blank\" rel=\"noreferrer noopener\">\u674e\u6d1b\u6e0a<\/a>\u5728\u97e9\u56fd<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E5%2586%2585%25E9%2598%2581\" target=\"_blank\" rel=\"noreferrer noopener\">\u5185\u9601<\/a>\u5c31<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E5%25B9%25B4%25E8%25BC%2595%25E4%25BA%25BA\" target=\"_blank\" rel=\"noreferrer noopener\">\u5e74\u8f7b\u4eba<\/a>\u5bf9<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E5%258A%25A0%25E5%25AF%2586%25E8%25B4%25A7%25E5%25B8%2581\" target=\"_blank\" rel=\"noreferrer noopener\">\u6570\u5b57\u52a0\u5bc6\u8d27\u5e01<\/a>\u63a5\u53d7\u60c5\u51b5\u7684\u4f1a\u8bae\u4e0a\u8868\u793a\uff0c\u8bb8\u591a\u5b66\u751f\u6b63\u5728\u8fdb\u5165\u201c\u66b4\u6da8\u7684\u201d\u5e02\u573a\uff0c\u8d5a\u5230\u5feb\u94b1\uff0c\u5176\u4e2d\u4e00\u4e9b\u4eba\u5377\u5165\u4e86<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AC%25BA%25E8%25A9%2590\" target=\"_blank\" rel=\"noreferrer noopener\">\u6b3a\u8bc8<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E7%258A%25AF%25E7%25BD%25AA\" target=\"_blank\" rel=\"noreferrer noopener\">\u72af\u7f6a<\/a>\u6d3b\u52a8\uff0c\u653e\u4efb\u53d1\u5c55\u53ef\u80fd\u9020\u6210\u4e25\u91cd\u95ee\u9898<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-223\" target=\"_blank\" rel=\"noreferrer noopener\">[218]<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-224\" target=\"_blank\" rel=\"noreferrer noopener\">[219]<\/a>\u3002<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h_14311648402_19\">6.2 \u7ec4\u7ec7\u53cd\u6620<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>2014\u5e742\u670824\u65e5\uff0c\u7f8e\u56fd\u94f6\u884c\u76d1\u7ba1\u534f\u4f1a\uff08CSBS\uff09\u627f\u8ba4\uff0c\u4ed6\u4eec\u5df2\u7ecf\u5206\u522b\u4ece\u5404\u5dde\u5206\u4f1a\u7ec4\u7ec7\u6210\u5458\uff0c\u6210\u7acb\u4e86\u201c\u65b0\u5174\u652f\u4ed8\u7279\u9063\u5de5\u4f5c\u5c0f\u7ec4\u201d\uff0c\u6765\u8c03\u67e5\u8bc4\u4f30\u6bd4\u7279\u5e01\u7b49\u865a\u62df\u8d27\u5e01\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-225\" target=\"_blank\" rel=\"noreferrer noopener\">[220]<\/a><\/li>\n\n\n\n<li>2014\u5e742\u670822\u65e5\uff0c\u5728\u56fd\u9645\u77e5\u540d\u6295\u8d44\u673a\u6784<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E9%25AB%2598%25E7%259B%259B\" target=\"_blank\" rel=\"noreferrer noopener\">\u9ad8\u76db<\/a>\u53d1\u5e03\u5730\u300a\u6bd4\u7279\u5e01\u8bc4\u4f30\u62a5\u544a\u300b\u4e2d\u79f0\uff1a\u6bd4\u7279\u5e01\u5c06\u53ef\u80fd\u6210\u4e3a\u865a\u62df\u8d27\u5e01\u6807\u51c6\u5316\u7684\u91cc\u7a0b\u7891\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-226\" target=\"_blank\" rel=\"noreferrer noopener\">[221]<\/a><\/li>\n\n\n\n<li>\u56fd\u9645\u77e5\u540d\u7684<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E4%25BA%2592%25E8%2581%2594%25E7%25BD%2591\" target=\"_blank\" rel=\"noreferrer noopener\">\u4e92\u8054\u7f51<\/a><a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25B3%2595%25E5%25BE%258B%25E6%258F%25B4%25E5%258A%25A9\" target=\"_blank\" rel=\"noreferrer noopener\">\u6cd5\u5f8b\u63f4\u52a9<\/a>\u516c\u76ca\u7ec4\u7ec7-<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E7%2594%25B5%25E5%25AD%2590%25E5%2589%258D%25E5%2593%25A8%25E5%259F%25BA%25E9%2587%2591%25E4%25BC%259A\" target=\"_blank\" rel=\"noreferrer noopener\">\u7535\u5b50\u524d\u54e8\u57fa\u91d1\u4f1a<\/a>\uff0c\u5728\u7814\u7a76\u7f8e\u56fd<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E8%25B4%25A2%25E6%2594%25BF%25E9%2583%25A8\" target=\"_blank\" rel=\"noreferrer noopener\">\u8d22\u653f\u90e8<\/a>\u6709\u5173\u5b9a\u4e49\u540e\uff0c\u628a\u6bd4\u7279\u5e01\u548c\u80a1\u7968\u4e00\u6837\u4f5c\u4e3a\u793c\u7269\u52df\u6350\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-auto-179\" target=\"_blank\" rel=\"noreferrer noopener\">[174]<\/a><\/li>\n\n\n\n<li>2021\u5e746\u67088\u65e5\uff0c\u7f8e\u56fd\u56fd\u7a0e\u5c40 (IRS) \u547c\u5401\u7acb\u6cd5\u673a\u5173\u5e94\u6388\u6743\u66f4\u4e25\u683c\u52a0\u5bc6\u8d27\u5e01\u4ea4\u6613\u5448\u62a5\u7684\u89c4\u5b9a\uff0c\u8ba4\u4e3a\u201c\u5927\u591a\u6570\u865a\u62df\u8d27\u5e01\u8fdc\u79bb\u96f7\u8fbe\u4fa6\u6d4b\u8303\u56f4\uff0c\u8fd9\u4f7f\u7f8e\u56fd\u56fd\u7a0e\u5c40\u9762\u4e34\u6311\u6218\u201d\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-227\" target=\"_blank\" rel=\"noreferrer noopener\">[222]<\/a><\/li>\n\n\n\n<li>2023\u5e746\u6708\uff0c\u591a\u95f4\u8d44\u4ea7\u7ba1\u7406\u516c\u53f8\u7533\u8bf7\u63a8\u51fa\u6bd4\u7279\u5e01\u73b0\u8d27ETF\uff0c\u5305\u62ec\u5bcc\u8fbe\uff08Fidelity\uff09\u3001\u8d1d\u83b1\u5fb7\uff08BlackRock\uff09\u3002<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%23cite_note-228\" target=\"_blank\" rel=\"noreferrer noopener\">[223]<\/a><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h_14311648402_20\">7. \u5176\u5b83\u52a0\u5bc6\u8d27\u5e01<\/h2>\n\n\n\n<p><em>\u4e3b\u6761\u76ee\uff1a<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E5%258A%25A0%25E5%25AF%2586%25E8%25B2%25A8%25E5%25B9%25A3\" target=\"_blank\" rel=\"noreferrer noopener\">\u52a0\u5bc6\u8d27\u5e01<\/a><\/em><\/p>\n\n\n\n<p>\u9664\u4e86\u6bd4\u7279\u5e01\uff0c\u76ee\u524d\u8fd8\u6709\u8bb8\u591a\u76f8\u4f3c\u7684\u540c\u7c7b\u578b\u8d27\u5e01\uff0c\u7edf\u79f0\u4e3a\u52a0\u5bc6\u8d27\u5e01\uff0c\u6bd4\u7279\u5e01\u4ee5\u5916\u7684\u52a0\u5bc6\u8d27\u5e01\uff0c\u53c8\u79f0\u4e3a\u5c71\u5be8\u5e01\u3001\u7ade\u4e89\u5e01\uff08\u82f1\u8bed\uff1aaltcoin\uff09\uff0c\u76ee\u524d\u6709\u6570\u5343\u79cd\u4ee5\u4e0a\u7684\u52a0\u5bc6\u8d27\u5e01\u5728\u6d41\u901a\uff0c\u5e76\u4e14\u6301\u7eed\u589e\u52a0\u4e2d\uff0c\u65b0\u7684\u52a0\u5bc6\u8d27\u5e01\u53ef\u80fd\u5728\u4efb\u4f55\u65f6\u95f4\u88ab\u4efb\u4f55\u4eba\u5efa\u7acb\u51fa\u6765\uff0c\u53ef\u7ecf\u7531\u72ec\u7acb\u521b\u5efa\u3001\u786c\u5206\u53c9\u3001\u900f\u8fc7ICO\u53d1\u884c\u7684\u4ee3\u5e01\u7b49\u65b9\u5f0f\u5efa\u7acb\u3002\u67d0\u4e9b\u5176\u5b83\u52a0\u5bc6\u8d27\u5e01\u6709\u66f4\u591a\u7684\u529f\u80fd\u3001\u66f4\u5b8c\u5584\u7684\u9690\u79c1\u4fdd\u62a4\u3001\u66f4\u5feb\u7684\u533a\u5757\u751f\u6210\u65f6\u95f4\u3001\u652f\u6301\u667a\u80fd\u5408\u7ea6\u7b49\uff0c\u5982<a href=\"https:\/\/link.zhihu.com\/?target=https%3A\/\/zh.wikipedia.org\/wiki\/%25E4%25BB%25A5%25E5%25A4%25AA%25E5%25B8%2581\" target=\"_blank\" rel=\"noreferrer noopener\">\u4ee5\u592a\u5e01<\/a>\u7b49\u3002<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"See_also\">\u53c2\u89c1\u3001\u53c2\u8003\u6587\u732e\u3001\u5916\u90e8\u94fe\u63a5 <\/h2>\n\n\n\n<p><a href=\"https:\/\/pan.baidu.com\/s\/1zb4Dxxav77PmyhpbY8_IoA?pwd=lgcv\" data-type=\"link\" data-id=\"https:\/\/pan.baidu.com\/s\/1zb4Dxxav77PmyhpbY8_IoA?pwd=lgcv\">\u8bf7\u70b9\u51fb\u8fd9\u91cc\u83b7\u53d6\uff08\u4e0a\u4f20\u81f3\u767e\u5ea6\u7f51\u76d8\u7684word\u6587\u6863\uff09<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u4e2d\u6587\u8bcd\u6761\u539f\u6587\u94fe\u63a5\uff08\u65e0\u6cd5\u4ece\u4e2d\u56fd\u5185\u5730\u8bbf\u95ee\uff09\uff1a\u8bf7\u70b9 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[48,153,152,97],"tags":[155,101,118],"class_list":["post-5030","post","type-post","status-publish","format-standard","hentry","category-fulltext","category-153","category-152","category-finance","tag-155","tag-101","tag-118"],"_links":{"self":[{"href":"https:\/\/cathayvista.top\/index.php\/wp-json\/wp\/v2\/posts\/5030","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cathayvista.top\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cathayvista.top\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cathayvista.top\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cathayvista.top\/index.php\/wp-json\/wp\/v2\/comments?post=5030"}],"version-history":[{"count":0,"href":"https:\/\/cathayvista.top\/index.php\/wp-json\/wp\/v2\/posts\/5030\/revisions"}],"wp:attachment":[{"href":"https:\/\/cathayvista.top\/index.php\/wp-json\/wp\/v2\/media?parent=5030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cathayvista.top\/index.php\/wp-json\/wp\/v2\/categories?post=5030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cathayvista.top\/index.php\/wp-json\/wp\/v2\/tags?post=5030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}