Liquor currency blockchain
nowadays, the mainstream digital currencies are basically developed based on blockchain technology. Blockchain is the underlying technology of digital currency. The domestic tea based digital currency Puyin is developed based on blockchain technology.
in addition, there is another kind of asset with the characteristics of anonymity. Its main functions include protecting the privacy of both sides of payment while realizing payment. The more famous ones are dash, monero and zcash
currency is mainly used as the "exchange medium" in the field of blockchain assets. The exchange medium is the general equivalent you use to exchange goods. For example, gold, silver and silver bills can be used as the exchange medium in the past
at present, there are more than 1000 types of digital assets in the world, and the number of currency blockchain projects is not growing fast. As of January 2018, bitcoin is still the largest market value. We are already familiar with bitcoin. In the next few episodes, we will give a detailed introction to Leyte coin, Xinjing coin, Dasch coin, Monroe coin and zcash.
digital currency and virtual currency are actually different names. They are tokens issued based on blockchain technology. Behind them are a series of computer-generated complex codes. At present, there are thousands of digital currencies in the market. The safest and most powerful digital currency is bitcoin
digital currency is also a high-risk and high return investment proct, through appropriate investment strategies, you can get rich returns. If you have spare money, you might as well put some of it into the digital currency. There will be unexpected surprises.
it is the birthplace of blockchain technology, and the market has confidence in it. It still maintains a stable growth under the adverse situation of major policies. Once it solves the problem of capacity expansion, the price rise can be predicted
2. Ethereum
compared with bitcoin, the advantage of Ethereum is that it has no policy problems. Although the event led to its bifurcation, the establishment of enterprise version Ethereum alliance may solve this problem. Its concept and Prospect of smart contract attract many developers to follow
the essence of community operation is that the majority decides the minority when indivials support eth
3. Zec
compared with bitcoin and Ethereum, the risk of z-coin will be greater, and its value will take a longer time to reflect. But in the long run, the value of anonymity will be one of the values that human beings generally pursue
4. BTS
bitstocks are very powerful and the system is very stable. Decentralized trading, anchoring system and so on. Although the founder bm's brain damage has hurt the community, the value of bitstocks is obviously undervalued. It is a wise choice to hold bitstocks on the cheap.
taking bitcoin as an example, it does not have an entity form, but exists in a special account book. All bitcoin transactions are recorded in the ledger. Through the transaction records, we can calculate the number of bitcoins owned by each user. If a person owns bitcoin, it means that he can find the relevant transaction records in the ledger
the ledger mentioned here is a software that we can download from bitcoin's official website, and the underlying technology used in this software is blockchain. In order to facilitate understanding, we usually say that blockchain is the ledger
the reason why blockchain is used as the underlying technology of ledger is to realize the feature of digital currency decentralization. It can be said that the starting point of a series of problems and solutions of digital currency comes from decentralization
2. Blockchain is a technology to ensure the safe use of digital currency. As we all know, blockchain technology has the characteristics of encryption and non tampering, which can rece the probability of errors in the use of digital currency to 0. Because digital currency requires higher encryption, it must be supported by blockchain technology. At present, not only many instries in China are using blockchain technology, but also many foreign countries are actively using blockchain technology.
Blockchain technology is popular in the market because it can rece intermediate links, rece fraud caused by data consistency, improve business efficiency and speed, rece the risk of counterparties, increase revenue and save costs
in-depth study of its implementation principle, blockchain uses cryptography algorithm, specially designed data structure and multi-party consensus algorithm to solve the consistency, reliable storage and anti tampering problems of multi-party transaction records by machine algorithm, which has a strong natural relationship with electronic data storage
first of all, the electronic contract signing records are stored in the shared account book jointly maintained by multiple parties, which can not be tampered with, denied, and of course will not be lost
secondly, electronic contract text and electronic contract elements are encrypted, including electronic contract participants. Only participants can decrypt and view the data to protect the privacy of the parties
thirdly, the machine strictly implements the pre-defined rules (smart contract), and no longer only relies on a single agreement with a third party. KYC service based on blockchain automatically checks and verifies the validity and identity of certificates, and ensures the authenticity of participants' identities on the basis of privacy
in recent years, speculation related to virtual currency (such as ICO, IFO, IEO, IMO, STO, etc.) has become popular, prices have risen and fallen sharply, and risks have gathered rapidly. Relevant financing entities raise funds from investors or virtual currencies such as bitcoin and Ethereum through illegal sale and circulation of tokens. In essence, they are illegal public financing without approval. They are suspected of illegal sale of token bills, illegal issuance of securities, illegal fund-raising, financial fraud, pyramid schemes and other illegal crimes, which seriously disrupt the economic and financial order
on September 4, 2017, the people's Bank of China and other seven ministries and commissions issued the "notice on preventing the financing risk of token issuance", which cleaned up the ICO and virtual currency trading venues. The scale of domestic virtual currency transactions decreased significantly, effectively avoiding the impact of virtual currency prices on China's financial market.