Making quotation with digital currency
about digital currency, let's talk about it. If you think it's unreasonable, you'll laugh it off
money, as a measure of transaction value, does not necessarily have value in itself, it can only be used as an intermediate unit of measurement. It's just like China has only RMB as legal tender, that is to say, government guarantee has value. For example, in those war-torn areas, ten jin currency may not buy an egg, which is the reason
back to digital currency, digital currency, until now, no country has recognized it as the currency in circulation of its own country. It seems that last year or the year before last, our country also banned some. In this case, digital currency can only be sold at a price higher than your purchase price, so that you can make money. But digital currency itself does not have any value. Unlike stocks, it is your ownership of listed companies. So if you can't find someone to buy digital currency, it's worthless
the Ponzi scheme in history, the Dutch tulip, when it was the most expensive, a tulip was worth buying a house. When no one bought it, all the tulips rotted. In addition, they couldn't get a potato. Therefore, Buffett said that digital money is a bubble, which is a hoax.
in addition, there is a saying in the stock market that when all the ladies in the vegetable market begin to discuss the stock market, it is the time when the stock market reaches its peak. In my opinion, this also applies to digital currency. When many people are discussing how to make money and how to make a lot of money, the risk has accumulated to a great extent. Most of the time, when the stock begins to fall, many people are still in the previous inertial thinking, thinking that it will rebound soon, and then it will get lower and lower, and they are more reluctant to sell it. This is why many people hold a high position on it
I'm not sure if it's the highest point of digital currency, but I think that digital currency, which can be issued by anyone, has no value as currency circulation and can only be sold to others. I think it's a fraud.
ways to purchase digital currency:
at present, digital currency is more like an investment proct. Due to the lack of a strong guarantee institution to maintain its price stability, its role as a measure of value has not yet appeared, nor can it be used as a means of payment. As an investment proct, the development of digital currency is inseparable from trading platforms, operating companies and investors
trading platforms play the role of trading agents, while some play the role of market makers. The profits of these trading platforms come from the current expenses and premium income of investors trading or holding digital currency
1. Investors need to register accounts first, and obtain digital currency accounts and US dollar or other foreign exchange accounts at the same time
2. Users can use the money in their cash account to buy and sell digital currency, just like buying and selling stocks and futures
3. The trading platform will sort the buying and selling requests according to the rules and start matching. If the requirements are met, the transaction will be completed
4. Due to the difference between the trading volume submitted by users, the trading request can be partially executed
take RBM operated by professional operation company opencoin as an example: ripple protocol was originally designed based on payment method, and its design idea was based on acquaintance relationship network and trust chain. Using ripple network for remittance or loan, the premise is that the payee and the payer must be friends or have common friends. Otherwise, the trust chain between users and other users cannot be established, and the transmission cannot be carried out
extended information:
the characteristics of digital currency are as follows:
1, low transaction cost
compared with traditional bank transfer, remittance and other methods, digital currency transaction does not need to pay fees to the third party, and its transaction cost is lower, especially compared with the cross-border payment of high handling charges to payment service providers
2, fast transaction speed
the blockchain technology used in digital currency has the characteristics of decentralization, and it does not need any centralized organization similar to the clearing center to process data, so the transaction processing speed is faster
3, high anonymity
in addition to the physical form of currency can achieve peer-to-peer transactions without intermediary participation, one of the advantages of digital currency compared with other electronic payment methods is that it supports remote peer-to-peer payment, and it does not need any trusted third party as intermediary
both sides of the transaction can complete the transaction in a completely strange situation without mutual trust, so they have higher anonymity and can protect the privacy of the traders, but at the same time, they also create convenience for cyber crime, which is easy to be used by money laundering and other criminal activities
Why develop digital currency? From the perspective of the central bank, there are six advantages:
first, to improve the convenience and transparency of economic transactions; second, to rece the high cost of the issuance and circulation of traditional paper money; third, to better support economic and social development; fourth, to help the comprehensive realization of Inclusive Finance; fifth, to rece money laundering, to promote the development of the economy and society Sixth, improve the central bank's control over money supply and circulation
steps of digital currency development:
the first step,
first, we need to download the source code of a blockchain system from git, such as choosing the backbone code of bitcoin to download the relevant source code
At the same time, prepare the corresponding compiling environment (c + + is recommended in Linux) and install the corresponding development environment and toolsthe second step and
code all need to be compiled, so you need to prepare the compilation environment and tools, download the environment compilation tools, configure
system environment variables, QT environment and other files, and compile commands are described in detail in the files in ITC source code
however, the construction of the system and development environment, program compilation and other processes are cumbersome, so it is not recommended for ordinary users to make their own. For developers, it may take 2-3 days to install and configure for the first time
the third step,
take bitcoin development as an example, it is the development environment of Q. after downloading the source code and configuring the environment, open the source code of the bitcoin core in qtcreator, configure relevant files and compilers, and start to try to compile the client of the bitcoin core
Step 4,
transform into your own digital currency, open each source file, find the corresponding local adjustment parameters, such as adjusting
the number of coins in each block, the total output, the adjustment difficulty, and so on. Then the most critical point is to change the name to your own currency
name as you want, and don't forget to replace the related icons in the resource folder. If all goes well, after re compiling, your new coin will be invented successfully
for the development of this digital currency, the technology is relatively professional, so it is better to have a professional team to assist
framework for digital currency development:
1. Build ethereum private chain test environment and public chain node environment configuration
2. Ethereum transaction and confirmation principle
3. Ethereum JSON RPC interface
4. Ethereum transfer and withdrawal principle
5. The server connects Ethereum public chain interface, and its own server stores business data, Public chain storage transaction anonymous data
6, private key security processing
the following is the development code example:
for example, the common digital currency wallets in the market are:
app class: kcash Imtokenweb: myethereumwallet Google browser plug-in: metamask
one of the most commonly used is imtoken
blockchain transaction technology concept:
let's take a look at how blockchain transaction is handled with bitcoin as an example. In order to send a certain amount of bitcoin to another wallet, you need the following information: the address to send the funds to your wallet, the amount of cryptocurrency you want to send
the ID of the recipient's wallet
each transaction is signed with a unique confidential private key. Once the payment is signed by the sender, it becomes publicly available. The transaction still needs to be confirmed so that the payee can get the money. In order to confirm the transaction, it is necessary to generate a new chain block
these blocks are generated by complex mathematical calculation to find the unique key. It takes 10 minutes to create a new block, and the person who finds the key gets a certain amount of coins as a reward. Once a new block of the chain is created, it is not possible to remove it from the database or change the information in some way. Therefore, blockchain transaction is final and irreversible
three core advantages of digital currency:
first, digital currency is a fair currency
digital currency has no specific issuing institution, is not issued by a country, only depends on a specific algorithm, which means that digital currency can not be manipulated by manipulating the number of issues, so digital currency is a free, non-state currency
we can see that there are many countries that directly recognize the virtual currency, so if there is a demand, it needs a trading platform
many investors who want to build a virtual currency trading platform now, why can't they go to these areas to build a trading platform? Building a virtual currency trading platform is a good business opportunity, isn't it
Second, the security factor of digital currency is higher.
although the emergence of paper money facilitates the transactions in our daily life, there are risks of being stolen and received. Although e-money can avoid these risks, there will be new problems such as theft and swiping
digital currency can avoid the above problems. And broadcast every transaction record on the network. Yes, all nodes save all the currency circulation information, so that any node can easily find the currency circulation before the transaction
Thirdly, the transaction of digital currency can realize anonymous transaction. Although you can query the flow information of each account according to the local complete transaction recordsbut we can't know who the owner of this account is, and no one has the ability to manipulate the digital currency on other people's accounts, which protects the privacy of users
if you also hold trading digital currency, foreign exchange gold, crude oil, contract Futures: