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What is C2C transaction in digital currency

Publish: 2021-05-24 01:53:04
1.

digital currency is an alternative currency in the form of electronic currency (which can be used for real goods and services transactions)

digital currency has the main characteristics of network packets. This kind of data packet is composed of data code and identification code. The data code is the content we need to transmit, while the identification code indicates where the data packet comes from and goes

based on the characteristics of digital currency, the direct benefit of digital currency to the central bank is not only to save the cost of note issuance, circulation and settlement, but also to enhance the central bank's ability to control funds

Electronic money and virtual money are called digital money. According to the definition of the European Central Bank, virtual money is issued by non central banks, credit institutions and e-money institutions, which can be used as the numerical expression of the value of currency substitutes in some cases

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extended information:

the process of digital currency trading through the platform is as follows:

(1) investors should register accounts first, and obtain digital currency accounts and US dollar or other foreign exchange accounts at the same time

(2) users can buy and sell digital currency with the money in their cash account, just like buying and selling stocks and futures

(3) the trading platform will sort the buying requests and selling requests according to the rules and start to match them. If they meet the requirements, the transaction will be concluded

(4) e to the difference between the buy and sell volumes submitted by users, a buy or sell request may be partially executed

2. In short, virtual currency, also known as cryptocurrency, is issued and circulated on the Internet and mainly traded through exchanges. Because it runs on the blockchain, every transaction on the chain is semi anonymous and tamperable, so it ensures the circulation and a certain degree of security. Mainstream digital currencies include bitcoin, Ethereum and Leyte. Digital currency is inseparable from blockchain technology. The core idea of the latter is to ensure that all nodes have a consensus on a transaction through transaction broadcast and irrelevant node confirmation. Once the consensus is formed, transaction confirmation, block excavation and reward will follow. This reward is digital currency. If digital currency wants to have value, it can't do without people's recognition of its value. The more recognition, the more people want to have it, and the exchange came into being. If it's Xiao, it's not recommended to go to big exchanges (currency security, currency, OK) to play contract leverage. You can go to small exchanges to practice, such as currency easy, etc. You can also learn about the coin circle information. The development of the whole coin circle changes every day, very fast
there is no price limit for P.S. digital currency trading, so investment should be cautious!
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. C2C listing is proposed by New Zealand Digital Asset Exchange (nzadd). C2C is a professional term of e-commerce, which means e-commerce between indivials. C refers to consumers. If C2C mode is applied to digital asset trading, it can be simply understood as point-to-point trading. The specific operations are as follows:
1. Legal currency such as RMB and US dollar is referred to as legal currency; Bitcoin (BTC) and Ethernet (ETH) are the mainstream cryptocurrencies
2. In C2C trading area, the user who holds legal currency and wants to buy digital currency is the buyer, and the user who holds digital currency and wants to sell it in exchange for legal currency is the seller
3. The seller publishes the digital currency sales information (selling price, quantity and collection account) in the C2C trading area, and trusts the digital currency to the exchange; The buyer will transfer the legal currency directly to the seller's account after seeing it. After the seller confirms the receipt of the legal currency, the exchange will transfer the corresponding amount of digital currency to the buyer
4. The buyer can also publish the information of purchasing digital currency and wait for the seller to make a deal with it.
5. "Digital currency is an alternative currency in the form of electronic currency, which can be used for real goods and services transactions. Digital currency has the main characteristics of network packets. This kind of data package is composed of data code and identification code. The data code is the content to be transmitted, while the identification code indicates where the data package comes from and goes Definition of digital currency: the alternative currency in the form of electronic currency belongs to digiccy. 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. The European Banking authority defines virtual currency as: the digital expression of value, which is not issued by the central bank or authorities, nor linked with legal currency, but because it is accepted by the public, it can be used as a means of payment, or can be transferred, stored or traded in electronic form. Digital currency can be considered as a virtual currency based on node network and digital encryption algorithm. The core characteristics of digital currency are mainly reflected in three aspects: first, e to some open algorithms, digital currency has no issuing subject, so no one or institution can control its issuing; ② Because the number of algorithm solutions is fixed, the total amount of digital currency is fixed, which fundamentally eliminates the possibility of inflation caused by the overuse of virtual currency; ③ Because the transaction process needs the approval of each node in the network, the transaction process of digital currency is safe enough. The emergence of bitcoin poses a great challenge to the existing monetary system. Although it belongs to the generalized virtual currency, it is essentially different from the virtual currency issued by network enterprises, so it is called digital currency. This paper compares digital currency with electronic currency and virtual currency from the aspects of issuing subject, scope of application, issuing quantity, storage form, circulation mode, credit guarantee, transaction cost and transaction security.
6. C refers to the consumer, because the English word of consumer is consumer, so it is abbreviated as C. Now you should know that C2C means e-commerce between consumers and consumers. For example, a consumer has an old computer, which is sold to another consumer through online auction. This type of transaction is called C2C e-commerce.
7. There is something wrong with your question! C2C itself is just a trading mode, how can it be divided into two trading modes
C2C e-commerce refers to the e-commerce between consumers or between indivials
the main profit is still in the price of goods or goods distribution!
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