Hardware wallet is decentralized
Fire coin is a bitcoin trading platform. As of the end of 2016, the accumulated turnover of fire coin reached 200 billion yuan
bitcoin is a virtual encrypted digital currency in the form of P2P
Bitcoin is different from all currencies. Bitcoin does not rely on a specific currency institution. It is generated by a large number of calculations based on a specific algorithm. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses the design of cryptography to ensure the security of all aspects of currency circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction
extended information:
fire coin business
1. Fire coin global station, headquartered in Singapore, provides digital asset trading and investment services
2. The digital asset trading platform based on Korean won provides digital asset trading services P>
3, China, has become a platform for information and research in vertical chain of block chain, providing regional chain technology research and application information for Chinese mainland users, and integrates services such as instry consultation, research and ecation training. p> The company is headquartered in Beijing, China, providing digital asset management services and user experience
private keys and assets are transferred to the wallet for centralized management. Users don't need to worry about the loss of the private key of this kind of wallet procts, resulting in the loss of funds; However, the capital risk will be more concentrated in the wallet project side and server side. When the centralized wallet is conquered by hackers, users will suffer unnecessary losses
decentralized wallets, commonly known as onchain wallets, have private keys maintained by users and assets stored in blockchains
decentralized wallets are often referred to as onchain wallets. The private key is handed over to the user. If the private key is lost, the wallet will not be able to help the user recover, and the funds will be lost forever. But the decentralized wallet is difficult to be attacked by hackers, and users don't have to worry about the self stealing of the wallet service provider
centralized wallets are where assets are stored, while decentralized wallets are where private keys are stored
except for the exchange, it is not recommended to use the centralized wallet, although losing the private key may help you find it. But there is always a risk that the company will run
a decentralized wallet is equivalent to a channel, a channel where you can master mnemonics to control your assets on the blockchain. For a decentralized wallet, the most important thing is to protect the security of the [private key]
the application fields of blockchain include digital currency, token, finance, anti-counterfeiting traceability, privacy protection, supply chain, entertainment, etc. with the popularity of blockchain and bitcoin, many related top domain names have been registered, which has a great impact on the domain name instry.
private keys and assets are transferred to the wallet for centralized management. Users don't need to worry about the loss of the private key of this kind of wallet procts, resulting in the loss of funds; However, the capital risk will be more concentrated in the wallet project side and server side. When the centralized wallet is conquered by hackers, users will suffer unnecessary losses
decentralized wallets, commonly known as onchain wallets, have private keys maintained by users and assets stored in blockchains
decentralized wallets are often referred to as onchain wallets. The private key is handed over to the user. If the private key is lost, the wallet will not be able to help the user recover, and the funds will be lost forever. But the decentralized wallet is difficult to be attacked by hackers, and users don't have to worry about the self stealing of the wallet service provider
centralized wallets are where assets are stored, while decentralized wallets are where private keys are stored
except for the exchange, it is not recommended to use the centralized wallet, although losing the private key may help you find it. But there is always a risk that the company will run
a decentralized wallet is equivalent to a channel, a channel to control its own assets on the blockchain by mastering mnemonics. For a decentralized wallet, the most important thing is to protect the security of the [private key]
the application fields of blockchain include digital currency, token, finance, anti-counterfeiting traceability, privacy protection, supply chain, entertainment, etc. with the popularity of blockchain and bitcoin, many related top domain names have been registered, which has a great impact on the domain name instry.
@ block chaining
to make complaints about the center is code open source, you can check, ensure that they will not install viruses and upload your personal data. p>
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it doesn't matter if the wallet goes out of business, just export the private key and save it to other wallets
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the exchange transfer fee is about 30 yuan per time, and the transfer from your wallet is only a few cents per time
For users,
may be more convenient,
but it hasn't been realized yet
core wallet, which needs to synchronize all blockchain data and takes up a lot of memory, but it can be completely decentralized. Light wallet relies on other all nodes in bitcoin network, only synchronizes data related to itself, which can basically achieve decentralization. Centralized wallet does not rely on bitcoin network, all data are obtained from its own centralized server, but the transaction efficiency is very high, and it can be received in real time. The account you register in the transaction platform is the centralized wallet.
Decentralization: no server, no domain name and no app. The DAPP browser of the third-party Ethereum (ETH) wallet is the entrance, such as coin safety wallet, am wallet, wheat wallet, etc. DAPP can only be read in the block browser< 2. Essential difference:
centralization:
1. The mode and data are stored in the server, which can be modified at will and the outflow of funds can be controlled
2. Financial data cannot be disclosed to investors. Bonus is the financial personnel unified settlement
3. It is possible and feasible to circle money and run away<
Decentralization:
1. The whole business model relies on the automatic execution of eth smart contract, which is separated from human management
2. Financial transparency and bonus block settlement
3< Third, the security of personal information and funds:
centralization:
1. Declaration needs: name, telephone number, ID card, bank card and other information, which is dangerous to disclose personal information
2. The funds are stored in the bank card or centralized wallet of the project party, when the funds enter the site & gt; When the entry funds are decentralized:
1. Without any personal data, it is the ETH wallet address as the identification
2. The funds are stored in the contract wallet address of eth. No indivial or organization can transfer Ethereum. No matter how the funds change, the possibility of money entrapment is eliminated< 4. Bubble and risk analysis
centralization:
1. Development and operation cost 10% - 20%
2. Company profit 30% - 80%
3. Market allocation 10% - 50% as static and dynamic bonus<
Decentralization:
1. No development and operation costs
2. The profit of the technical side is 3%
3. The market allocation ratio is 97% as the static and dynamic bonus
to sum up, centralized projects are bound to die out, and decentralized projects will win the hearts of the people!