..........................................

*raises hand* I have a considerably different opinion then "bloody well done"

What is Bitcoin? Bitcoin is a digital currency made by an unknown person by the alias of Satoshi Nakamoto. Bitcoin is a digital currency that can be obtained through several different ways. The most common and easiest way is to just buy with with regular standardized money such as the US dollar. This bitcoin thereby can be used to either keep and store, or to spend on almost anything. Another way to obtain bitcoin is to accept it as payment. Already, many companies are now paying their employees completely by bitcoin. Some perks of this can be that it’s just easy. All you need to do is send your boss your current online bitcoin address, and he will send you the necessary bills. This way, you can avoid being stolen or unfairly robbed of your money. Bitcoin is also considered the world’s first cryptography, or electronic currency. Another way bitcoin can be obtained is by mining. How does bitcoin work? How do people make money? Bitcoin and all its programming needed was invented by Satoshi Nakamoto. He had the idea of a perfect internet system in which everything all worked out. And it does! How does it work? Bitcoins are a digital currency with a set amount in the world-21 million bitcoins. HOWEVER, bitcoins are released a certain rate. As a result there are only 15.2 million bitcoins released. 2140 is the year where all bitcoins will be released. What will happen as a result? First, you need to understand the concept of Bitcoin mining. Because there are so many transactions what keeps the security and safety of bitcoin transactions? Of course there needs to be some way so that a criminal doesn't steal your transaction or redirect that transaction. The answer: bitcoin mining. Satoshi knew that their was a problem with security so he made up the perfect system in which nobody could have any security problems-to an extent. To understand the concept of bitcoin mining. Whenever a transaction is made, it is put on the blockchain then posted on a site called blockchain.info. Yes, EVERY SINGLE transaction goes through this process and posted on blockchain.info. These transaction and its details are put on what is called a blockchain. And since everybody can see the blockchain, of course people make sure that the transaction is correct. Because if it isn’t it will immediately stand out, and the transaction will be undone and the criminal will be in big trouble. But the question is who checks to make sure that the transaction is reliable? Is it just community service? Of COURSE not. Satoshi also knew that in order for there to be people checking to make sure that bitcoin transactions are correct, there would need to be a form of payment. The answer-taxes. Of course its nothing like the tax that just came into your mind. Not like the 8 or 9 percent the US government charges, but much, MUCH cheaper taxes. But who decides who and how much these taxes are and who do they go to. Why, when in doubt go to math. Every ten minutes or so, when a new blockchain is released, with about 1000 bytes of data on it, a mathematical equation is attached to it. Who makes this mathematical equation? Of course, a computer. A program called SHA256 or Secure Hashing Algorithm, 256-Bits makes a mathematical program that releases a difficult mathematical equation. It gives you the answer, but not the question. What the miners have to do, or rather their computers, is find the correct sequence to the answer that is released with every blockchain. Now this is incredibly difficult as there are so many possible answers for a single answer, so this is done by computers in which i will get to later. So whoever wins the questions and gets it right first gets to win the prize that is released with every blockchain. Now, where does this prize, that is currently 12.5 bitcoins or a whopping $10,000 (this number is assuming that one bitcoin is currently $800) come from!? Now this money can’t just, appear out of thin air, and the answer it comes from is, it dosen’t. Because Satoshi didn’t want bitcoin to be like the US dollar or any type of current worldwide currency, where you could print more so the government could get more money, lowering the true amount of the dollar, he made a set amount of bitcoins as i discussed early, 21 million. BUT, I also said that only 15.2 million bitcoins have been released. What happened to the other 5.8 million bitcoins? Because Satoshi knew that there must be a way to pay the miners, he didn’t release all the 21 million bitcoins at once. He released a small amount and decided that the rest should be released in small amounts, given to the miner who found the answer to the blockchain question first, every 10 minutes. So about every 10 minutes, 12.5 bitcoins are released, but that doesn't make any sense, how will the bitcoin supply last until 2140, about a 123 years from now. Of course, the answer again is it dosen’t. Satoshi wanted a way that bitcoin could grow popular and even more popular. Satoshi thereby decided that every 4 years, the bitcoin payment to the miners would drop by 50%. In fact that real payment for miners started out as 50 bitcoins per correct question. Then four years later it went to 25, then last year around July 2016 it dropped to 12.5 and will drop until all 21 million bitcoins are released. Complex huh? To conclude this question, every a blockchain is basically a page that keeps everyone in check, preventing criminals from robbing your money. A blockchain is released every 10 minutes along with a difficult questions only computers can solve. The winner of the question, he who answers the questions first, gets a grand prize of what is currently 12.5 bitcoins. The process in trying to win the blockchain prize is called mining. A set amount of bitcoins will be given out until all 21 million bitcoins will be released. But wait a second, when all 21 million have been released, then what, does the world of bitcoins just disappear? Of course not. Satoshi planned that by 2140 bitcoin will become so worldwide that you will not need miners to check everyone transactions and that everyone will just automatically know because of the many transactions throughout the world. If there is a problem, you need not to worry, unless you plan to live until 2140. How does this relate to TankiOnline? If tankionline started to accept Bitcoin, they would be making a large profit. For starters, Bitcoin started out as 10 dollars each Bitcoin, and now it is a whopping 1,075 dollars! In addition to this, anybody can own Bitcoin. You don’t need to be 18+ to be able to own and make transaction with Bitcoin, you can be any age!

no comment

0 kelvin wow i hope you realize how cold that is.... It would literally be cold enough to completely remove all heat from the tank this would result in yeah..... instant death!?

Wow lol thanks!!

seeing a gold box message that says someone has caught the gold box the second i join

60/100

http://i.imgur.com/XAQNGV8.png

33698

This is my internet speed, it is quite fast, much faster then needed, but for smooth gameplay, I would suggest internet speeds on par to mine.... even with this speed, there is often lag

I'm currently using Chrome, it usually works and even with cleared Browser cache, it doesn't load.... it always did before so i don't think that it's a wifi problem

So there is an account on Instagram that posts basically daily.... but i was thinking about an account that posts more English stuff maybe? Becasue all the stuff besides V-LOG previews are all captioned in Russian. And since a lot of Americans are getting more and more into social media sites like Instagram.... i think that this would do a lot of postive benefits to the game

You have been banned for allowing someone to create a banned post on the subject on becoming a banned person playing the ban game

How hard is it!? Well for starters do you know how much each server costs and the amount of money they could potential lose!? Secondly why don't you try journeying around the world and seeing how hard it is to even create an online server where thousands of people can play in unison