Decentralised compound coin
above, explain the two problems of building owners: 1. Decentralization, because the account book records are not centralized in the hands of each participant, and you will get paid if you save and keep accounts. 2. Since I can get rewards by saving and keeping accounts, can I just keep accounts instead of storing them? If you have a mining pool, you can keep accounts for it and store it for you. In this way, you can still get good rewards. There are only a few mining pools in the world, so they are centralized
however, bitcoin is still the most popular decentralized virtual currency so far, but no one can guarantee that it will always be in this position. Now there are some alternative currencies inspired by bitcoin. However, a more reasonable assumption is that the new currency needs significant improvements to replace bitcoin in the established market. Of course, these are still unpredictable. Without changing the basic composition of the protocol, bitcoin may also adopt some measures to improve the competitive currency
I feel that Shanzhai currency can only occupy some bitcoin markets, but it can not replace bitcoin. For example, dog money has seized the charity and small reward market; Fuyuan currency seized the market of commercial integral system; Diablo has taken over the geek market (better sex) and so on.
decentralization in decentralized money contains multiple meanings: decentralization of money issuance, decentralization of money circulation, decentralization of money withdrawal...
as far as our current economic system is concerned, the issuance of money is carried out by the central bank or other similar institutions and endorsed by the national credit. Therefore, the issue of money is obviously a kind of centralized, controlled by the government or institutions. However, in the current economic system, the circulation of money is decentralized
although in our current financial system, the vast majority of money has been circulating through banks, this mode of circulation is mostly controlled by the money owners themselves, that is to say, the circulation of money is not controlled by central institutions. In addition to some specific financial requirements, some circulation has been regulated; Or the judicial organs may intervene and forcibly manage the circulation of money. In proportion, these centralized operations are very few. Therefore, we can say that in the existing economic system, the circulation of money is decentralized< In fact, the central bank and other financial management institutions make use of the power of currency issuance to regulate the whole market and maintain the stability of economic development and currency
we have learned in economics that the total amount of money circulation should match the current trade situation. In other words, the total amount of money circulation is closely related to the economic situation. The circulation of money needs to be regulated to influence the market; And the market also forces the regulatory agencies to regulate the currency through various feedback, so as to maintain the stability of the currency.
1. Bitcoin
the concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. According to the idea of Nakamoto, the open source software is designed and released, and the P2P network on it is constructed. Bitcoin is a virtual encrypted digital currency in the form of P2P. Point to point transmission means a decentralized payment system
2. Litecoin (LTC) is an improved version of digital currency inspired by bitcoin. It was designed and implemented by a programmer who worked in Google. It was released on November 9, 2011. Lightcoin and bitcoin have the same implementation principle in technology, but the creation and transfer of lightcoin is based on an open source encryption protocol, which is not managed by any central organization
extended data
characteristics of bitcoin currency:
1. Decentralization: bitcoin is the first distributed virtual currency, and the whole network is composed of users without a central bank. Decentralization is the guarantee of bitcoin's security and freedom
2. Global circulation: bitcoin can be managed on any computer connected to the Internet. No matter where you are, anyone can dig, buy, sell or collect bitcoin
3. Exclusive ownership: private key is needed to control bitcoin, which can be stored in any storage medium in isolation. No one can get it except the user himself
4. Low transaction cost: bitcoin can be remitted free of charge, but a transaction fee of about 1 bitfen will be charged for each transaction to ensure faster transaction execution
the emergence, development, amendment, circulation and extinction of bitcoin do not depend on the government, so "whether the government allows" has nothing to do with "whether bitcoin exists"
for example, the birth, development and extinction of the solar system do not need the permission of the government
if bitcoin is exchanged with the government controlled "legal tender" (such as US dollar), the government can influence the performance of bitcoin by controlling the legal tender
if the recognition of such assets reaches the bottom line of% 35 in 2019, the world pattern will be more reasonable, transparent and open
how should we deal with the coming risks- Buy bitcoin quickly to deal with the risk of "no bitcoin".
a simple judgment tip: the formal crude oil trading place itself does not participate in trading behavior, only provides a fair, open and impartial third-party platform, and its official website will not have investment consulting information, but more is announcement information and risk tips, Including the Federal Reserve policy, you should be careful, it is likely to be a black platform
Second, look at the fund custody: the trading funds of the formal crude oil investment platform are deposited by commercial banks, which is equivalent to the third-party deposit of securities. You should be careful without this. You can also search the news about the trading platform on the website, if there are authoritative media reports, In addition, it's better to choose the state-owned trading place, because it is supervised by SASAC, so its credibility is stronger.
Third, select member units: just like the stock exchange will not directly open accounts for retail investors, the regular crude oil exchange will not directly open accounts for investors, If something goes wrong, the exchange should be responsible for the management of its members. There is also a punishment mechanism inside. It is safer to choose a member. Investors can confirm whether a crude oil investment company is formal by consulting the member information of the trading center and calling the center for consultation