Digital currency of NetEase Finance
because the digital currency to be issued by the central bank will be ten years later at the earliest, and the design concepts of this digital currency are different from those of bitcoin, Ruitai, Laite and Weimeng.
all kinds of private digital currencies represented by bitcoin have sprung up, developed rapidly and exerted great influence. Many economists and financiers in the world, including central bankers, have been greatly impacted, and some even mistakenly believe that private digital currency may replace sovereign currency. As early as the end of 2013, the author clearly pointed out that virtual currency (including private digital currency) is not a currency in essence and cannot replace sovereign currency [3]. With the passage of time, the non monetary nature of virtual currency is graally recognized by people
private digital currency uses a series of new technologies, which have strong penetration into the financial system and even impact on the operation of modern economy and finance. Therefore, in order to maintain the stability of the monetary system and even the whole financial system, the monetary authorities must also use the same or even more advanced technology and design to study the issue of central bank digital currency. If the private digital currency is allowed to develop disorderly, it will have a serious impact on the monetary authorities' policy regulation and the economic and financial system
first, if private digital money is diverted and replaced by some sovereign money, the effectiveness of monetary policy will be weakened and the transmission mechanism will be distorted. Private currency and sovereign currency are in the relationship of one ebb and flow. With the continuous expansion of the scope of use of private digital currency, the use of sovereign currency will graally decline, which will rece the monetary authority's control over sovereign currency. At the same time, the influence of monetary policy regulation on the supply and circulation of sovereign money will decline and become unstable, which will weaken the effectiveness of monetary policy and distort the transmission mechanism. If the private digital currency is widely used but not issued and regulated by the monetary authority, the modern economy will lose an important means of regulation, and the economy will not function normally because it is not regulated by monetary policy< Second, the value of private digital currency fluctuates greatly, which threatens financial stability. Private digital currency is not a real currency without national credit endorsement. Its price is easily affected by market expectations, and its volatility is very high, so it is difficult to guarantee the market liquidity. With the expansion of the scope and scale of private digital currency, the probability of indivial private digital currency risk evolving into systemic risk will also rise< Thirdly, the supply of private digital money is relatively fixed, which is difficult to meet the needs of modern economic development. Taking bitcoin as an example, there is a contradiction between the upper limit of supply set by the system and the expanding social proction and commodity circulation. If it is widely used, it will cause deflation and inhibit economic development. This is also the root cause of the collapse of the gold standard
Fourth, private digital currency lacks a central regulation mechanism, which is difficult to meet the needs of the stability of the modern monetary system. The so-called "decentralization" without centralized issuing and regulating institutions is a common feature of private digital currency. If the private digital currency is generally accepted by the whole society, and the monetary authority is unable to stabilize the currency value through the central adjustment mechanism, it will not only cause economic fluctuations, but also shake the monetary system based on national credit[ 4]
fifthly, private digital currency brings challenges to anti money laundering, anti terrorist financing and capital control. Private digital currency is characterized by anonymity of transaction and free transnational flow of funds, which makes it easy for criminals to cover up the source and investment direction of their funds, and indivials to evade the regulations on the amount of foreign exchange and foreign exchange remittance [5], which brings convenience to money laundering, terrorist financing and capital control evasion< Sixth, private digital currency increases the difficulty of consumer protection. The price of private digital currency fluctuates greatly, market participants are almost not regulated, the security of users' funds is not guaranteed, and the transaction is not transparent. Therefore, private digital currency transactions are prone to fraud, theft and fraud. This not only causes the lack of protection of consumers' rights and interests, but also increases the difficulty of evidence collection and investigation by the regulatory authorities[ 6]
therefore, in order to deal with the impact of the rapid development of private digital currency on monetary sovereignty, monetary policy, financial risk and consumer protection, the monetary authorities clearly realize that the state should start to study the issue of central bank digital currency as soon as possible. In the future, with the support of national credit, the digital currency of the central bank should continuously meet the requirements of the society for the use of money technology and become a widely recognized settlement and payment method. Only in this way can the monetary authorities expand the use of sovereign currency and rece the impact of private digital currency on the monetary system and the entire financial system Transferred from NetEase Finance)
In my opinion, it is far fetched and unreasonable to compare the built-in Adreno 604 GPU of snapdragon 855 processor with the GTX 1060 graphics card of desktop computer
of course, in the specific process, the mobile phone chip should take the lead. As we all know, snapdragon 855 uses 7Nm technology, while GTX 1060 uses 16nm technology. Moreover, the power difference between them is very big. The total power of snapdragon 855 chip is only 1726mw, while the power of GTX 1060 graphics card is as high as 120W. It's not hard to see that the GPU built in snapdragon 855 can't be compared with the GTX 1060 graphics card of desktop computer in terms of proction process and power, because they are procts of different platforms. In terms of experience, the performance of GPU is much weaker than that of desktop graphics card
The performance of Adreno 540 is equivalent to that of Intel Core integrated graphics card HD 4600-hd5500, amd HD 6650m-hd 8550m / 8610g, NVIDIA gt540m, gt435m-gt710m, which is the level of low-end graphics card (and processor core display) three or four years ago
is much worse than gt640. It is consistent with gt640m level
Huawei's Kirin 980 adopts the latest 7Nm process technology and adopts the 8-core (2 + 2 + 4 three cluster core) architecture. The 2 + 2 core of Kirin 980 is the A76 architecture of arm Public Edition, and the 4-core small core is the A55 architecture. The super core is 2.6GHz and the large core is 1.92ghz. Compared with the previous generation Kirin 970, the performance of Kirin 980 is improved by more than 20% and the power consumption is reced by 40%. The upgraded GPU model g76mp16, which supports GPU turbo, increases performance by more than 60% and reces power consumption by 30%
Qualcomm snapdragon 855 processor also adopts 7 nm process technology, which adopts 8-core (1 + 3 + 4 three cluster core) architecture combination. The kryo485 core of Qualcomm is based on the A76 architecture of arm, which is also a combination of 1 + 3. The main frequency of the processor is 2.84ghz for the super core and 2.42ghz for the big core, Both the Qualcomm snapdragon 855 processor and the Huawei Kirin 980 processor are manufactured by TSMC. The GPU uses the adreno640, which has 2 × 256 arithmetic logic units, with computing power of more than 7 trillion times per second
the unparalleled photo taking experience of Kirin 980 series mobile phones is beyond the reach of Qualcomm snapdragon 855 series mobile phones. Snapdragon 855 is not as good as Huawei's own CPU in terms of software and hardware coordination between ISP and AI. If you want to have a better photo experience, the Huawei Qilin 980 is basically better than the Qualcomm snapdragon 855
however, MediaTek Helio P90 still adopts the relatively backward 12NM process, which adopts the eight core structure of two cortex A75 large cores (up to 2.2GHz frequency) and six cortex A55 small cores (up to 2.0GHz frequency). Referring to the A73 + A53 combination of the previous generation procts, there is still a certain degree of CPU performance improvement. In terms of GPU, MediaTek Helio P90 has made great changes, replacing the last generation of Mali series with the latest 9xm series chip of imaging. According to MediaTek, this time, the graphics processing capacity of Helio P90 of MediaTek is more than 50% higher than that of mali-g72 MP3. Of course, in terms of practical application, it is estimated that it has not been supported by mainstream game manufacturers.
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1. Process: it is equipped with the latest generation of 5nm manufacturing process, which brings the strongest processor performance for users. The 5nm manufacturing process brings the most top technology, cost and functional performance requirements
2. Core: the three cluster architecture of super core + big core + small core is used, in which the super core is cortex x1, the big core is cortex A78, and the small core is cortex A55
3. Experience: Super core cortex-x1 has 1MB L2 cache, while A78 has 256Kb L2 cache, which can give you better performance experience,
brings the strongest architecture for users at present, with A78 20% higher in performance and machine learning 100% higher in performance
4. Optimization: for game optimization, provide users with variable coloring rate, It can improve the performance by 30%
5. Other aspects: for other aspects of the game, 144hz high refresh rate / high frame rate, true 10 bit HDR, surreal enhanced image quality, fast mixing,
GPU driver update, Xbox cloud / Google stadia / Amazon Luna cloud game, etc
second place: Xiaolong 870
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1. Process: 1 * 3.19ghz + 3 * 2.42ghz + 4 * 1.8GHz eight core configuration,
2. Architecture: one large core and three medium cores adopt a77 architecture, and four small cores adopt a550 +
3. Other aspects: the GPU of snapdragon 870 is the frequency upgraded adreno650, and the baseband is still x55 modem< GPU: the performance of the new generation kryo 585 CPU is improved by 25%, and the overall performance of the new Adreno 650 GPU is also improved by 25% compared with the previous generation platform
5. Experience: it brings 7Nm proction technology, which brings the best mobile phone performance experience for users
6. Pixel: 1 billion pixel high-speed ISP, processing speed up to 2 billion pixels per second, supporting new shooting features and functions
7. Video: users can take 4K HDR video with 1 billion colors, 8K video or capture photos up to 200 million pixels<
third place: Xiaolong 865
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1. CPU: new kryo 585 architecture, up to 2.84ghz
2. GPU: with Adreno 650, the performance is 25% higher than that of snapdragon 855
3. With snapdragon x55 5g baseband, it can support up to 7.5gbps download speed and WiFi 6 protocol
4. It adopts the fifth generation AI engine and supports the computing power of 15 tops
5. It supports lpddr5 memory, 144hz screen refresh rate, 200 megapixel camera, 8K 30 frame video recording and 960 frame slow motion shooting
6. The main frequency of CPU is consistent with snapdragon 855. The new cortex-a77 architecture should have about 20% performance improvement according to the official data of arm
7. GPU is 25% higher than snapdragon 855, and the overall performance is 20% higher. Lpddr5 memory is also a bonus
the fourth place: Xiaolong 855 +
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1. Both snapdragon 855 and snapdragon 855 + CPU adopt the same architecture kyro485. The difference is that their large core frequency is different. The large core frequency of 855 + is 2.96ghz higher than that of 855< In terms of GPU, 855 and 855 + are both adreno640, but their frequencies are also different. The frequency of 855 + is 672mhz, while that of 855 + is only 585mhz. The graphics ability of 855 + is 15% higher than that of 855
3. The same 7Nm process, both of them adopt the 1 + 3 + 4 8-core design. Except for the different frequencies of the large cores, the frequencies of the other 7 small cores remain unchanged< So in theory, snapdragon 855 + has stronger mononuclear ability
5. The iqoo equipped with Xiaolong 85 and Nubia z20 equipped with Xiaolong 855plus are compared. According to the running score, the actual performance of Xiaolong 855 + is more than that of Xiaolong 855 in both single core and multi-core performance. The actual performance of 855 + is still better than that of 855
the fifth place: Xiaolong 855
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1. CPU: the memory delay is higher than that of the Kirin 980, but the overall performance of the CPU is still slightly higher than that of the Kirin 980. The performance of specint2006 is 51% higher than that of the 845, and the CPU energy efficiency ratio is 39% higher than that of the 845. In specfp2006, it is 61% higher than that of the 845, and it is 4% and 9% higher than that of the Kirin 980 respectively. Although the highest core reaches 2.85ghz, the energy efficiency is still excellent
2. AI: after the blessing of hexagon 690, compared with 845, AI performance has been greatly improved, which is about 2.5-3 times that of 845
3 and application: it is not awesome in terms of system application performance, stronger than 845, but weaker than 980, official expression may be the relationship of scheling on the engineering machine, and the official commercial equipment will be improved. GPU: the peak performance of Adreno 640 GPU is still far behind A12, but the energy efficiency ratio is good. The average power consumption of off screen rendering of gfxbench3.1 is 4.44w. In terms of energy efficiency, the peak state of A12 is 17.36fps/w, the down frequency state is 20.18fps/w, 855 is 16.05fps/w, 845 is 11.99fps/w, 980 is 11.93fps/w, and the overall energy efficiency ratio is 30% higher than 845;
Apple A12 is equivalent to snapdragon 855. Snapdragon 855 is a mobile processing platform proced by Qualcomm. It uses TSMC 7Nm technology, CPU adopts eight core kryo485 architecture, and GPU uses adreno640
a baseband processor and snapdragon 855 chip of Qualcomm in 2018 will use the most advanced 7Nm process of EPMC. 7Nm refers to the linewidth of semiconctors. As the linewidth shrinks, more transistors can be integrated per unit area, which can enhance chip performance and further rece energy consumption. By the end of 2018, TSMC will proce Qualcomm's snapdragon 855 processor. Baseband processor is one of the two major chips in smart phones. It mainly completes the communication between smart phones and mobile base stations. Qualcomm is also one of the largest baseband chip suppliers in the world. Most of the baseband of Apple mobile phones comes from Qualcomm
extended data:
main functions
a baseband processor and snapdragon 855 chip of Qualcomm in 2018 will use the most advanced 7Nm process of EPMC. 7Nm refers to the linewidth of semiconctors. As the linewidth shrinks, more transistors can be integrated per unit area, which can enhance chip performance and further rece energy consumption
development history
before the end of 2018, TSMC will proce Qualcomm's snapdragon 855 processor. Baseband processor is one of the two major chips in smart phones. It mainly completes the communication between smart phones and mobile base stations. Qualcomm is also one of the largest baseband chip suppliers in the world. Most of the baseband of Apple mobile phones comes from Qualcomm< br />