Consensus is value, and Bitcoin, as the first globally recognized virtual currency, is backed by a powerful global computing network. The world does not need a second Bitcoin. The reason why Bitcoin has become the benchmark for digital currencies is complex and involves technical, market, and policy aspects. Firstly, from a technical perspective, Bitcoin's blockchain technology is one of its core competitive advantages. As a distributed ledger technology, blockchain provides advantages such a...

Consensus is value, and Bitcoin, as the first globally recognized virtual currency, is backed by a powerful global computing network. The world does not need a second Bitcoin. The reason why Bitcoin has become the benchmark for digital currencies is complex and involves technical, market, and policy aspects. Firstly, from a technical perspective, Bitcoin's blockchain technology is one of its core competitive advantages. As a distributed ledger technology, blockchain provides advantages such a...