In addition to mining, what else can the 21 Bitcoin computer do?

In addition to mining, what else can the 21 Bitcoin computer do?

Recently, 21 Company's Bitcoin computer has started shipping. As a Bitcoin product priced at nearly $400, if you buy it just for mining... rich people, let's make friends! The computing power of this device is so weak that it is almost useless. Under the current 500+P computing power of the entire network, the computing power of a 21 computer can only account for about one ten-millionth of the computing power. After pressing the calculator, I want to "die". Here we will talk about other functions of this device.

21Bitcoin Computer can be set up on an existing Mac, Windows or Linux laptop, or as a standalone Linux machine. Once set up, you can use it to do the following: (Click the link for detailed instructions. I am lazy, all in English = =)

  1. Set up a Bitcoin-payable HTTP proxy server;

  2. Create a simple Bitcoin game where players can earn Bitcoins;

  3. Run your own digital goods store (similar to iTunes) and sell or license any file for Bitcoin;

  4. Create a Bitcoin-payable API;

  5. Make a Bitcoin mashup for a digital supply chain;

  6. Allow anyone to send you a text message with a small amount of Bitcoin without revealing your own phone number;

  7. Bitcoin accelerated computing: Use Bitcoin for outsourcing to accelerate local computing;

  8. Build your own Bitcoin smart agent to lubricate M2M (machine to machine) transactions;

Disclaimer: The above applications were all written by Balaji S. Srinivasan, CEO of 21 Company. I just translated them for you to see. There are a few points that need special attention here:

21 mine . This command puts your machine into what they call "buffered pool mining". 21's goal is to minimize the amount of network hashrate you need to worry about while your machine is mining. To this end, 21 Bitcoin Computer supports both continuous "background mining" and "foreground mining". You can read more about mining on 21 computers here.

21 update ( update service). 21 will update the 21 Bitcoin computer from time to time. Every time you run the 21 update command, it will check the latest 21 related code on the 21 server. If there is an available version, your machine will install it. This means that with every update, you will get new applications, sample codes, and tutorials.

21 Micropayments Micropayments . 21 Bitcoin Computer has two forms of peer-to-peer micropayments (on-chain and off-chain transactions), and in the next update, 21 will support a very important third form: payment channels. As a developer, you can decide which method your application needs to use. You can read more here.

The 21 Network Network . 21 has configured every 21 Bitcoin computer to form a true peer-to-peer network. Specifically, when you run the 21-join command, you will get a virtual IP so that you can connect to a virtual 21 network and use Bitcoin to buy digital goods directly from other developers, or sell goods to them.

Original article: https://medium.com/@21dotco/the-21-bitcoin-computer-now-shipping-60026faa87be
By Balaji S. Srinivasan
Compiled by: Satuoxi
Editor: Satuoxi
Source (translation): Babbitt Information


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