Position: Home page » Currency » Is get integral or cryptocurrency

Is get integral or cryptocurrency

Publish: 2021-05-15 21:51:54
1.

1、 Different definitions:

1. virtual currency:

virtual currency refers to non real currency

digital currency:

digital currency is an alternative currency in the form of electronic currency. Both digital gold coin and cryptocurrency belong to digiccy

3. Cryptocurrency:

cryptocurrency is a kind of transaction medium that uses cryptography principles to ensure transaction security and control the creation of transaction units

4. Token (token):

a kind of article whose shape and size are similar to currency, but the scope of use is limited and has no currency effect, and its token is the homonym of token in English

Second, the characteristics are different:

1; It can also be said that virtual currency is personalized currency. In another way, it can also be called information currency

2. Digital currency:

is an unregulated and digital currency, which is usually issued and managed by developers and accepted and used by members of specific virtual communities

Cryptocurrency:

cryptocurrency is based on the decentralized consensus mechanism, which is opposite to the banking and financial system relying on the centralized regulatory system

4. Token (token):

usually needs to be exchanged for money, used in shops, playgrounds, mass transportation and other places, as a voucher to use services and exchange goods


extended data

at present, digital currency is more like an investment proct, because it lacks a strong guarantee agency to maintain its price stability, and its role as a value measure has not yet appeared, so it can not be used as a means of payment. As an investment proct, digital currency cannot develop without trading platform, operating company and investment company

digital currency is a double-edged sword. On the one hand, the blockchain technology it relies on has been decentralized and can be used in other fields except digital currency, which is one of the reasons why bitcoin is popular; On the other hand, if digital currency is widely used by the public as a kind of currency, it will have a huge impact on the effectiveness of monetary policy, financial infrastructure, financial market and financial stability

2. When choosing digital currency, we should pay attention to the following points:
1. Whether the source code is open
2. Whether you can trade freely on the trading platform
3. Whether the information of the founding operation team is open and transparent
4. Whether the quantity is constant
bitcoin, Ruitai coin, Laite coin, doggy coin, thousand gold card and other mainstream digital cryptocurrencies all have these conditions.
3. Digital currency is a kind of legal tender, which must be issued by the central bank. Both digital gold coin and cryptocurrency belong to digital currency, which is not a network virtual currency, because it is not limited to virtual space, but is often used for real goods and services transactions, such as bitcoin, Wright coin, bitstock, etc. at present, there are thousands of digital currencies issued around the world

the digital currency launched by the central bank is a national sovereign currency, which is based on the digitalization of RMB. This is a piece of data generated by a complex algorithm, which contains blockchain and encryption technology, making it unique. The payment of Alipay and WeChat is not digital money, but only based on the payment realized by electronic accounts. Compared with the current pattern of "payment transfer collection" with the help of third-party payment, what digital currency needs to achieve is "decentralization", that is, to cancel the transfer link and directly hand over the money from the payer's account to the payee, so as to rece the payment cost in currency circulation

types of digital currency

according to different issuing or consensus mechanisms, it can be divided into four categories:

1, proof of work (POW)

proof of work. The system rewards are obtained through the mining of computing power to complete the issuance and distribution of currency. More work, more gain. Such as bitcoin, lightcoin (LTC)
the advantage is that the mining cost can form a monetary price support to a certain extent, and the disadvantage is that energy consumption and environmental protection are criticized< 2. Proof of stake (POS). Allocate the newly generated currency or interest according to the amount and time of cryptocurrency you hold. Such as dash and Neo
compared with pow, POS is more energy-saving, but it increases the security risk

3. The evolution scheme of delegated proof of stake (dpos)
POS. Similar to the voting mechanism of the board of directors, through the election of representatives to vote and make decisions, n accounting nodes are elected to create, verify, sign and supervise each other. Such as the grapefruit coin (EOS)
the advantage is high efficiency, but the problem is that it presents a semi centralized state

4. POW + POS hybrid mechanism
POW is mainly used to issue currency, and POS is used to maintain the system. For example, PPC

according to the project type, it can also be divided into four categories:

1. Currency category
digital currency issued for the purpose of transfer, payment and value storage. For example, bitcoin, bitcoin cash (BCH), Monroe (XmR), and grin

2. Public chain currency, that is, the digital currency issued by public chain projects, is generally the "fuel" for the application projects to run on the public chain. Such as eth, grapefruit coin, TRX and ont

3. Application token, that is, digital currency issued by decentralized application projects, is equivalent to equity or points. For example, OMG (payment application), GXC (data application), 1st (game application)

4. Platform currency, that is, the digital currency issued by the digital currency exchange, is equivalent to equity, points or fuel. For example, BNB, HT and okb.
4. Digital currency is an alternative currency in the form of electronic currency. Both digital gold coin and cryptocurrency belong to digital currency. Digital currency is an unregulated and digital currency, which is usually issued and managed by developers and accepted and used by members of a specific virtual community.
5. This should be distinguished according to the research and development direction of the white paper on each digital currency. There are many types of digital currencies circulating in the market, including those for the Internet of things, data, new sources and transaction protocols. For example, LRC is a decentralized trading agreement, which is the trend in the future.
6.
7. What is money? Money is the medium for the exchange of goods (including services). Now our currency is issued by a reputable bank, which is basically guaranteed by its reputation. As long as the users agree, then we can use it to trade. Currency has a certain value preserving property. After I change my labor / services / all my goods into currency, the bank guarantees that I can exchange it for something of almost equal value one day in the future. The premise of this guarantee is that banks will not issue new currencies indiscriminately and that everyone will trust it

in the past, we used precious metals as currency. Because precious metal proction is not high, the speed of new money increase is limited, and the economy is growing, the market needs more money to let the goods flow as much as possible. There is value when there is demand. In this sense, the value of precious metals in making other things is secondary. The economy needs money to circulate goods, and this demand is the main one. However, if the proction of precious metals is limited, and the precious metal currencies in circulation will withdraw from the market for various reasons, then even the newly made precious metal currencies have the same or even higher value

why does bitcoin keep its value? BTC (short for bitcoin) exists in a huge P2P network. Bitcoin group has recognized an algorithm. Under current conditions, only about 6 new BTCs will be generated per hour. At present, there are 50 new BTCs in each group. That is to say, in this world, only about 300 BTCs are generated per hour. This output will also be limited by the difficulty automatically adjusted by the network. You can't speed up money proction by modifying everyone's client algorithm and parameters (client is open source). Counterfeit currency will be discarded by the network (unless you can control most of the network nodes)

what is the value of BTC itself

the value of BTC is the trading channel itself. A new set of BTCs provides a mathematical guarantee to transfer old BTCs from one account to another. The price behind this security guarantee is a lot of computing power. It takes a lot of energy to proce such a safe passage, so the whole BTC user group will reward the mint (currently 50 BTC), which will become 25 BTC after December 2012, and it will be halved every four years

to put it simply, my understanding is that all BTCs in the world are generated by the energy of running computers. Their total value (up to now, there are about 12W groups of BTCs proced, 50 in each group, and the market price is about US $7.3), should be less than the total market value of consumed energy. However, I think most of the energy used to proce BTC is wasted resources< br />4
8. Dog money has been out for several years. The value of digital money lies in the number of people it participates in and the volume of transactions, as well as the liquidity in the entity. The real decentralization of digital money also determines that its price is determined by the market and players! I also bought this one, so I can communicate with you
9. Obviously, it's a hoax, a hoax of pyramid selling under the guise of blockchain. Don't charge money to be a member!! Don't charge money to be a member!! Don't charge money to be a member!! The reason is to be a platinum member of 299. It's literally one year, but actually only one month. Why? Because there is no contribution value in the second month, the income will drop to 10%, that is, the income of only 30e drill every day. According to the current one dime of an e drill, it costs 3 yuan a day and 90 yuan a month (converted into RMB in the future, it will be lower and lower, even collapse). The prices of the goods on the mall are all very high, and the things that cost more than 10 yuan on Taobao are marked with more than 100 yuan, The premium is ten times. In short, you are a member and you are mining every day. After a month and a half, you can change something worth more than ten yuan. Listen to me and decide whether you want to be a member or not. Then I'll tell you about their current routine. Why did they say that there was no contribution value in the second month, and the income would drop to 10%? Because they are going to launch Diamond members, so they use contribution value to abolish Platinum members, and contribution value is only obtained by pulling the head, which means that if you don't help him pull the head, you charge 299 for nothing, which is naked MLM!! What's more, the current situation of their exchange mall is that all the goods in it are out of stock. Even if you have more e-diamonds, you can't exchange things
Hot content
Inn digger Publish: 2021-05-29 20:04:36 Views: 341
Purchase of virtual currency in trust contract dispute Publish: 2021-05-29 20:04:33 Views: 942
Blockchain trust machine Publish: 2021-05-29 20:04:26 Views: 720
Brief introduction of ant mine Publish: 2021-05-29 20:04:25 Views: 848
Will digital currency open in November Publish: 2021-05-29 19:56:16 Views: 861
Global digital currency asset exchange Publish: 2021-05-29 19:54:29 Views: 603
Mining chip machine S11 Publish: 2021-05-29 19:54:26 Views: 945
Ethereum algorithm Sha3 Publish: 2021-05-29 19:52:40 Views: 643
Talking about blockchain is not reliable Publish: 2021-05-29 19:52:26 Views: 754
Mining machine node query Publish: 2021-05-29 19:36:37 Views: 750