Data digital currency
If you want to participate in the transaction of digital currency, you must understand the digital currency ecosystem
It can be said that digital currency exchange is the most important part of the whole instry. Digital currency exchange provides investors and traders with the capital channel to buy and sell digital currency. At the same time, the trading activities of the exchange determine the price of many digital assetsaccording to coinmarketcap, the capital flow of digital currency exchanges is huge, with the average daily trading volume of the top five exchanges exceeding US $3 billion
there are hundreds of digital currency exchanges around the world, some of which operate globally in mainstream markets, while some focus on niche markets
for example, AAX is committed to providing services for digital currency traders and institutional investors, integrating the digital currency world with the global economy, and providing unparalleled first-class technical capabilities using the matchmaking engine supported by lseg technology
many substitutes have successfully occupied a certain market share shortly after their launch. What digital currency exchanges have in common is that they together provide the development soil for these alternative currencies
digital currency is no longer limited to bitcoin. Other digital currency assets, such as eth, XRP, BCH, usdt, LTC, EOS, xtz, etc., have a place in the portfolio and diversification strategies of many digital currency dealers
At present, there are many similarities between digital currency trading and foreign exchange trading, because the basic principles, tools, indicators and strategies used in foreign exchange are also applicable to digital currency trading. AAX College's digital currency trading section discusses these topics in depth and extensivelyblockchain protocol
blockchain is the underlying technology that makes digital currency possible. There are many kinds of blockchain protocols, and the technical characteristics, advantages and disadvantages of each protocol are slightly different
for example, bitcoin blockchain relies on mining and pow (proof of work) mechanism to process transactions, while another blockchain may use dpos (proof of entrustment) mechanism instead of mining. In addition to bitcoin blockchain, other noteworthy protocols include eth, hyperledger, EOS, XLM, Iost, kin, TRX and stem. Among these blockchain agreements, ETH (Ethereum) is commendable in promoting the rapid innovation of the entire digital currency ecosystem
Ethereum platform was created by vitalik buterin, which indicates that developers can make better use of the resources of the platform by using their own programming language solidity. Ethereum has made blockchain technology all the rage, creating a new world of innovative decentralized applications on the basis of smart contracts and custom tokens. At present, most of the substitutes are based on Ethereum's erc20 standard
the district centered financial movement, or defi for short, is also basically based on the Ethereum blockchain agreement
financial services
for every service in traditional finance, Ethereum based defi applications have corresponding alternative versions for everyone to access. The defi app allows users to create stable currencies, lend money and earn interest, send and receive payments, get loans, trade, take positions in the forecast market, enter the real estate sector, and so on. Smart contracts are the key to making decentralized services possible. Once certain conditions are met, the smart contract will automatically perform the pre agreed activities
at the same time, traditional finance also began to provide new customized services for the field of digital currency. At present, some fund managers provide investors with the option of adding digital currency into their portfolios, the trustee provides security services for investors who invest a lot of money in digital currency, and many analysts in mainstream media (such as Bloomberg) also have a strong interest in digital currency
digital currency hardware
for those who like to build their own security measures, the huge digital currency hardware market can provide professional traders and long-term holders with the tools they need. Trezor and ledger are the most famous hardware wallets. They essentially provide the same value for digital currency traders, that is, a more secure way to store digital currency
of course, digital currencies stored in hardware wallets cannot be traded in the market. Therefore, digital currency traders usually allocate funds between the hardware wallet and the exchange according to a certain ratio according to their own trading style preference
There are so many activities ofdata aggregators and blockchain analysis
cross blockchain, which proces a large amount of data, and also spawns the emergence of sub instries, namely data aggregators and blockchain analysis instries. Companies such as coinmarketcap are the preferred source for quick inspection of digital currency and exchange data. They collect statistics on trading volume, liquidity, market value, price trend, circulation and the whole instry, such as the total amount of money, the number of markets, the market value of the instry and the proportion of BTC market value
people who are more interested in blockchain analysis can find the required data in websites like blocktivity. Here, you can view the relevant data of each indivial blockchain agreement, including the number of operations in the last 24 hours, the average number of operations in the last 7 days, the market value and Cui index, that is, the remaining available capacity after the actual usage of the current blockchain agreement. All in all, these websites can provide valuable insights for the blockchain instry
for example, the average number of operations of Ethereum in the past seven days was 667000, with Cui slightly higher than 50%, while the average number of operations of EOS in the same time range was 63 million, with Cui slightly lower than 50%. Technically, the performance of EOS protocol is more powerful than that of Ethereum. However, this can not prevent Ethereum from occupying 70% of the total market value of the most mainstream currencies
digital currency media and conferences
in today's world, almost everyone is the publisher of content. Without we media instry, such a large-scale instry will no longer exist. Digital currency has given birth to a wide range of media patterns, covering news media, KOL and related conferences for currency, public chain and code
digital currency head media include coindesk, cointegration, bitcoin magazine, decrypt, CCN, bitcoinist, newsbtc, etc. Some KOLs are also well-known, sometimes even more popular than the news media
YouTube celebrities, such as datadash, dollar villante, altcoin buzz, Ivan on tech and boxmining, have subscribers from 200K to 300K. In the field of digital currency trading, the top stars of cryptotwitter include venture coinist, cryptocred and cryptodon alt, with 211k, 140k and 120K fans respectively
if you want to have face-to-face communication with companies and people, digital currency and blockchain meetings should not be missed. Every year, there are many conferences around the world for investors, blockchain experts, start-ups, institutional financing, currency or agreement related communities. In 2019 alone, we sponsored and participated in blockchain live in London, the capital summit hosted by coinmarketcap in Singapore and the world mobile conference in Shanghai. We have had exciting meetings with other digital currency companies and major financial institutions, and established contacts with regulators from different jurisdictions
digital currency supervision
with the continuous growth of the market and audience of digital currency instry, in most cases, financial regulators are still developing relevant frameworks to protect investors and consumers. Regulators may take a very different approach, which is a challenge for companies operating across multiple jurisdictions
ring the ICO boom in 2017 and 2018, many projects were launched before the regulatory framework was established, while some projects did not meet the criteria of the jurisdiction and were suspended ring the fund-raising process. All this comes from how to classify digital assets, and the understanding of classification is constantly changing. At present, we divide digital assets into security token and practical token
in the past year, with the proposal of Libra, the promotion of supervision is also increasing. The central bank is also actively exploring the significance of blockchain technology to its policies and economic activities, and constantly publishing reports
the rapid development of digital money ecosystem
these components of digital money ecosystem are growing and developing in an orderly way, contributing to the increasingly sound instry. From the minority interest in 2009 to the active digital asset economy, digital currency has come a long way
However, in order to achieve the development and wide participation of the instry, a strong ecosystem is not enough. We need a better link between digital money and global finance. The better the combination of digital currency and traditional finance, the easier it will be for newcomers to understand the digital currency ecosystemfor every novice, as exchanges, financial services, media and regulators graally adapt to the expectations of mainstream consumers, the digital currency instry will further develop, which may improve investment outcomes
this should be a new term rising after "Tongzheng economy" last year. Compared with the token economy, the pledge economy actually has a much greater interest relationship with our ordinary investors
so today's DDS distributed storage ecological community editor will share with you what is pledge economy and how is its investment
pledge economy is also a kind of mining in essence, but it is different from what we usually call bitcoin mining and Ethereum mining
bitcoin, lightcoin, Ethereum, BCH and other digital currencies are all based on proof of work (POW). Therefore, under this mechanism, the generation of new currencies is all competitive power, so there are all kinds of mining machines. At present, the most popular mining machine with the highest market share is bitmainland mining machine
when we want to participate in the mining of these digital currencies, we usually go to the market to buy mining machines, and then find our own machine room or entrust the mining machines to large mines for operation. The money that the miner digs every day, excluding electricity and operating expenses, is the net income
"piling" is another mining method. Usually, digital currency based on proof of equity (POS) and proxy proof of equity (dpos) adopts this mining method
in this mining method, the nodes in the blockchain system do not need too much computing power, but only need to pledge a certain number of tokens, which can generate new currency after running for a period of time, and the generated new currency is the income obtained through pledge
this is equivalent to that we can deposit money in the bank and get a certain amount of interest every year
2. What are the currencies that support the pledge economy
when the main network of EOS went online last year, the voting of the main node officially opened the prelude of stacking
it is 2020 that really makes this way hot. Since the beginning of this year, a series of digital currencies have been launched in the form of pledge. On the one hand, in order to recruit nodes, the project side carries out extensive publicity. In addition, the powerful operators are willing to cooperate with the project side as nodes to obtain stable income
as a result, the pledge mining economy is booming both inside and outside the circle
data distributed storage (DDS) is also a pledge mining mode
the DDS application circulates and pays for the charging services of the whole ecosystem app, such as: annual fee of video website, online ecation, online Red live broadcast, games, movies, catering, takeout, social networking, etc
DDS issuing mechanism: no private placement, no node selling, no project party. As you go in, as you go out, as you dig, as you sell. There is no big business. Human risk control and ecological empowerment
1. Total distribution: the total distribution of DDS is 180 million, with a constant total. The issue price is anchored at 0.5usdt
2. Design principle: the DDS team made a statistical analysis on the blockchains of data storage related instries with high return on investment in the world and drew a scatter diagram. The analysis results show that, combined with the user experience that the unit price of issue is easy to measure, the total amount of issue is 180 million
3. Distribution ratio:
5% candy distribution
5% pledge circulation
90% mining
according to the number of miners contribution space size mining, strictly in accordance with the hardware equipment involved in mining quantity, pledge certificate and mining output, token price, three trigonometric function output. In the second year, the annual output will be reced by half, and in the eighth year, the remaining output will be excavated.
It is not the traditional sense of MLM, but it is the same as MLM in the use of Ponzi scheme. Ponzi scheme is the name of investment fraud in the financial field. It is the ancestor of pyramid scheme. Many illegal pyramid schemes use it to collect money. The Ponzi scheme is also known as "robbing the east to pay for the west" and "empty handed White Wolf"
the golden key of AGK is to declare how much money to invest, and then give you a high return within a certain period of time. The rate of return has exceeded 1000% according to the annual interest rate. It uses the principle of direct sales multiplication, in the form of rolling or static capital circulation, demolishes the east wall to make up the west wall, and pays the former members with the money they join. It has the same nature as the Qianbao event
extended materials :
since 2012, Zhang Xiaolei and others rely on the network platform of qianbao.com to complete the advertising task and obtain high interest with an annual rate of return of 40% to 60% as the t to absorb huge funds from the public and are suspected of committing crimes
its mode is the same as that of AGK golden key. It is a Ponzi scheme, which lures people to put money in with high return as t. The person who puts money in front can get money because the organizer withdraws part of the money from the person behind and returns it to the person in front. This is a typical Ponzi scheme. With the increasing scale of Qianbao, the capital chain broke, and the organizer finally surrendered himself
The following are the handling charges for cash out of major banks
1, ICBC
counterparts in other places: 1% of the cash withdrawal amount, up to RMB 100; Cross bank: 4 yuan / transaction, and there is an additional service charge for cross bank cash withdrawal
2. Bank of China
(1) Great Wall global procts (cash withdrawal at counter)
local bank: free of charge; Non local banks: 1% of the cash withdrawal amount, with a minimum of RMB 10 / transaction and a maximum of RMB 50 / transaction
(2) Great Wall universal procts (self-service terminal cash withdrawal)
local bank: free
non local bank: RMB 10 / transaction
local inter-bank: RMB 4 / transaction
non local inter-bank: RMB 12 / transaction
(3) Bank of China series procts (counter cash withdrawal)
Bank: 1% of cash withdrawal amount, (4) Bank of China series procts (cash withdrawal through self-service terminal)
this bank: 1% of the cash withdrawal amount, with a minimum of 8 yuan / transaction; Inter bank: 1% of the cash withdrawal amount, with a minimum of RMB 12 per transaction
3. Agricultural Bank of China
this bank: 1% of the cash withdrawal amount, with a minimum of RMB 1 / transaction; Other banks: 1% of cash withdrawal amount + 2 yuan, minimum 3 yuan / transaction
4. CCB withdraws through the bank or UnionPay network: 0.5% of the withdrawal amount, with a minimum of 2 yuan and a maximum of 50 yuan; There is no service charge for the same city withdrawal of credit card
(1) less than 5500 yuan: 0.5% of the transaction amount, with a minimum of 10 yuan per transaction. No interest(2) 5500 yuan to 7500 yuan: service charge: 5500 * 0.5% + remaining transaction amount * 1%. Interest: interest shall be charged at 0.05% of the remaining transaction amount per day from the date of cash withdrawal
(2) if it is more than 7500 yuan, the maximum overdraft withdrawal limit is 2500 yuan, so the withdrawal fails
6. The handling charge of China Merchants Bank is calculated as 1% of each cash advance, and the minimum charge is 10 yuan per advance
7. The service charge of Guangfa bank is 2.5% of the overdraft withdrawal principal, with a minimum charge of 10 yuan per transaction
8. China CITIC bank charges 2% of the cash withdrawal amount, with a minimum of RMB 20. Everbright Bank charges 2.5% of the transaction amount, with a minimum of RMB 10
10, Minsheng Bank
Minsheng Bank counter or ATM equipment cash withdrawal: 0.5% of the cash withdrawal charge, each minimum of 1 yuan; Cash withdrawal from other bank counters or ATM equipment: 1% of the cash withdrawal amount will be charged, with a minimum of RMB 1 per transaction
11. Shanghai Pudong Development Bank
Shanghai Pudong Development Bank credit card overdraft is charged at 3% of the withdrawal amount, with a minimum of RMB 30
let's take ABC credit card as an example to see how much the cost difference is between cash withdrawal of 10000 yuan and cash out of 10000 yuan for 30 days
cash out cost: 10000 * 1% + 10000 * 0.05% * 30 = 250 yuan
cash out cost: 10000 * 0.65% = 65 yuan
extended data:
credit card cash out refers to that the cardholder does not withdraw cash through normal legal proceres (ATM or counter), but uses other means to withdraw the funds within the credit line of the card in the form of cash, At the same time, the bank does not pay the withdrawal fee
as for the increasing behavior of credit card cash out in recent years, the Shanghai headquarters of the central bank said on July 26, 2010 that credit card cash out is illegal and the central bank is studying how to record the card holder's cash out behavior into the personal credit information system, which will directly affect their personal credit records
References: Network_ Cash out by credit card