What does candy mean in digital currency
blockchain blockchain is a new application mode of computer technology such as distributed data storage, point-to-point transmission, consensus mechanism and cryptocurrency algorithm. Is a shared distributed ledger in which transactions are permanently recorded through additional blocks
2, block - block
in the bitcoin network, data will be permanently recorded in the form of files, which we call blocks. A block is a set of records for some or all of the latest bitcoin transactions and is not recorded by other previous blocks
3. Node -- a of the ledger operated by the participants of the blockchain network
Decentralization is a phenomenon or structure, which can only appear or exist in a system with many nodes or in a group with many indivials. The influence between nodes will form nonlinear causality through the network5. Consensus mechanism
consensus mechanism is to complete the verification and confirmation of the transaction in a very short time through the voting of special nodes; For a transaction, if several nodes with unrelated interests can reach a consensus, we can think that the whole network can also reach a consensus
6. POW -- proof of work refers to how much money you get depends on the amount of work you contribute to mining. The better the performance of the computer, the more money you will be given
In POS mode, your "mining" income is directly proportional to your currency age, and has nothing to do with the computing performance of the computer8. Smart contract
smart contract is a kind of computer protocol which aims to spread, verify or execute the contract in an information way. Smart contracts allow trusted transactions without a third party, which are traceable and irreversible
9, time stamp
time stamp refers to the string or encoding information used to identify the recorded time and date. The international standard is ISO 8601
Turing completion refers to the ability of a machine to perform calculations that any other programmable computer can perform DAPP decentralized application is an open source application that runs automatically, stores its data on the blockchain, motivates it in the form of cryptocurrency token, and operates with protocols showing valuable proof Dao, a decentralized autonomous organization, can be regarded as a company that operates without any human intervention and gives all forms of control to a set of unbreakable business rules13. Privatekey - private key
a private key is a string of data that allows you to access a token in a specific wallet. As cryptocurrency, they are hidden except for the owner of the address
14. Publickey -- public key
is paired with private key. The public key can calculate the address of the currency, so it can be used as a certificate to own the address of the currency
15, miner
try to create a block and add it to the computing device or software on the blockchain. In a blockchain network, when a new effective block is created, the system will automatically give the block creator (miner) a certain number of tokens as a reward
16. The mine pool is a fully automatic mining platform, which enables mining machines to contribute their computing power to mine together to create blocks, obtain block rewards, and distribute profits according to the proportion of computing power contribution (that is, mining machines access the mine pool - provide computing power - obtain income)
17, public chain
fully open blockchain, refers to anyone can read, anyone can send transactions and transactions can be effectively confirmed, people all over the world can participate in system maintenance, anyone can read and write data through transactions or mining
18. Private chain
write permission is only for the blockchain of a certain organization or a specific few objects. Read permission can be open to the outside world or restricted to any extent
19, alliance chain
consensus mechanism is a blockchain jointly controlled by several designated institutions
20, side chain
wedged side chains technology, which will realize the transfer of bitcoin and other digital assets between multiple blockchains, which means that users can access the new cryptocurrency system when they use their existing assets
21, cross chain technology
cross chain technology can be understood as a bridge connecting the blockchains, and its main application is to realize atom transaction, asset conversion, information exchange within the blockchain, or solve Oracle problems among the blockchains
22. The hard fork
blockchain has permanent divergence. After the release of the new consensus rules, some nodes that have not been upgraded cannot verify the blocks proced by the upgraded nodes, and usually the hard fork will occur
23, soft forking
when the new consensus rules are released, nodes that have not been upgraded will proce illegal blocks because they do not know the new consensus rules, which will lead to temporary forking
24, hash -- hash value
generally translated as "hash", but also directly transliterated as "hash". In short, it is a function that compresses messages of any length to a message digest of a fixed length
25, main chain
the word "main chain" comes from the main network (, relative to the test network), that is, the officially online and independent blockchain network
for those who don't know the "jargon" in the currency circle, let's learn it as soon as possible:
1. What is legal currency
legal currency is legal tender, which is issued by the state and the government. It is only guaranteed by the government credit, such as RMB, US dollar and so on
2. What is a token
token, usually translated into token. Token is one of the important concepts in blockchain. Its more well-known name is "token". However, in the view of professional "chain circle" people, its more accurate translation is "token", which represents a proof of rights and interests on the blockchain, rather than currency
There are three elements oftoken
one is digital proof of rights and interests, which must be in the form of digital certificate of rights and interests, representing a right, an inherent and intrinsic value
The second is cryptocurrency, whose authenticity, tamper proof and privacy protection are guaranteed by cryptocurrency Third, it can flow in a network, so it can be verified anytime and anywhere3. What is warehouse building
the establishment of a position in a currency circle is also called opening a position, which refers to a trader's new purchase or sale of a certain amount of digital currency
What is Sohasuoha refers to investing all the principal
What is airdrop
airdrop is a very popular marketing method of cryptocurrency. In order to let potential investors and cryptocurrency enthusiasts get token related information, token teams often air drop tokens
6. What is lockup
position locking generally refers to investors opening a new position opposite to their original position when the market moves in the opposite direction after the sale and purchase contract, which is also called lock, lock order, or even butterfly double flying
What is candy
doughnut candy is a kind of free digital currency issued to users when all kinds of digital currencies are just issued in ICO. It is a kind of momentum and publicity of the project itself by the issuers of virtual currency projects
What is breakingbreaking refers to falling below, and issuing refers to the issuing price of digital currency. Broken currency circle refers to the price of a digital currency falling below the issue price
What is private placementprivate placement is a way to invest in cryptocurrency projects, and it is also the best way for cryptocurrency project founders to raise funds for platform operation
What do you think of the K-line diagram
K-line chart is also called candle chart, Japanese line, yin-yang line, bar line, red and black line, etc., commonly referred to as "K-line". It is based on the opening price, the highest price, the lowest price and the closing price of each analysis cycle
What is hedging
General hedging refers to two transactions which are related to the market, opposite in direction, equal in quantity and balanced in profit and loss. In the futures contract market, buy the same number of positions with different directions. When the direction is determined, close out the positions in the opposite direction and keep the positive direction to make profits
What is the positionposition is a kind of market agreement, which promises the initial position of the sale and purchase contract, and the buyer is long and in the expected position; The selling contract is short and in the expected position
What are the advantagesgood news: refers to the news that the currency gets the attention of the mainstream media, or a breakthrough in the application of a technology, which is concive to stimulating the price rise
14. What is bad news
bad news: news that causes the price of bitcoin to fall, such as technical problems of bitcoin, central bank's crackdown, etc
What is reboundthe phenomenon of currency price rising e to rapid decline in the downward trend. The recovery is less than the decline
What is leverage
leverage trading, as the name suggests, is to use small amount of funds to invest several times the original amount, in order to obtain multiple returns or losses relative to the fluctuations of the investment object
many other projects of funds and swindlers, such as quark chain letter, smart crystal, yipao and fun bar, are modeled on the "fun step" mode. Therefore, today, we will take fun step as an example to reveal the operation mode of such swindlers
of course, being related to blockchain doesn't mean that quark chain letter is not a capital disk. As we all know, it's very simple to issue a coin based on eth network, and the cost and difficulty are not high. Before that, you should have seen blockchain projects that find air coin to cheat. Therefore, even if the quark chain letter has a certain blockchain gene, it can't cover up the fact that the capital disk
quark chain letter is more deceptive than qubu. There are blockchain browsers, wallets and even some shameless digital currency exchanges as long as they are willing to spend money. Users who have a certain understanding of blockchain may be cheated, so we need to be more vigilant.
In fact, airdrop candy is a stage when many new projects get token chips at almost zero cost. It is given away as a gift. However, e to its excellent publicity effect, diffusion ability and the myth of many times making no profit at all, the concept of airdrop has been put on the altar
it is generally called airdrop, candy airdrop, virtual currency airdrop, digital currency airdrop, token airdrop, free mining and coin circle airdrop. In some English regions, it is also classified as freetoken, freemoney and candy
in particular, airdrop not only fills the income of many marketing staff, but also creates a wave of myth of sudden wealth
Airdropalert:airdropalert http://AirdropAlert.Com It is the world's first airdrop website, officially operating in August 2017. It is a well-known English airdrop website, with the largest search volume of airdrop keywords related to Google blockchain
website:[ http://AirdropAlert.Com ]
domain name features: English grammar style, common double spelling composition, airdrop affinity. The suffix adopts. Com (the most popular and oldest in the world), which is a typical portal operation mode
AirdropAlert.com - Never miss a Free Crypto Airdrop again! Airdropalert. Com
2. (Chinese / English) currency airdrop tokenairdrop
currency airdrop http://Tokenairdrop.org It is the second airdrop website in the world, officially operating in September 2017, and providing Chinese and English services at the same time, mainly in Chinese. It officially operated in September 2017 and appeared at the same time as airdrop alert. Website style is relatively simple, without too much information, stable style, always give people a sense of home. The second largest airdrop website in the world, with the largest number of search results of Internet, Google and 360
website:[ http://TokenAirdrop.Org ][ http://TokenAirdrop.Com ][ http://CoinAirdrop.Org ]
domain name features: token / coin + airdrop double spelling literal translation domain name, Chinese and English airdrop affinity. The suffix uses. Org (the strongest search engine trust level) and. Com (the most popular and oldest domain name), which shows that the operator is very forward-looking and operates in a novelty hunting mode
coin airdrop - high quality candy airdrop & amp; Virtual currency airdrop & amp; Digital currency airdrop & amp; Token airdrop & amp; Empty Coin & amp; All the free money! The most professional candy airdrop Network - blockchain airdrop Chinese flagship- TokenAirdrop_ Orgtokenairdrop.org
3. (English) airdropking
airdropking http://AirdropKing.IO It appeared later, but it rose abruptly in the field of telegram, and became the third largest airdrop website in the world
website:[ http://AirdropKing.IO ]
domain name style airdropking is an aggressive combination of domain names. IO suffix tells visitors that it is a blockchain technology theme website
Candyairdrop.com uses the. COM domain name, which is regular and mainly updates the Chinese airdrop informationwebsite: http://CandyAirdrop.Com
these four stations all support HTTP and HTTPS, which is updated timely
In the official website of candy information, there are many real-time information about blockchain candy and empty coin, which are updated every day
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candy mall is a decentralized digital currency shopping mall, which integrates the latest technologies such as blockchain, new retail, digital currency, proct traceability, etc., supports users' direct payment and shopping with thousands of digital cryptocurrency, and is a landing application of digital settlement customized for digital currency
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in addition, for those who have certain knowledge and experience of blockchain, it will not be a problem, but for those who have less contact with blockchain, they often have doubts: what is candy? What's the use
In fact, it's easier to understand candy as welfare. At the beginning of the development of the project, in order to get users, popularity and so on, some benefits were sent for free, similar to the red envelope when the mobile app was just online. If you don't understand, it can be compared with the QQ coin when Tencent used QQ in the early development. In the language of blockchain, this kind of thing is called candy. In fact, many of our well-known digital currencies are distributed to the initial users free of charge or at a very low cost. For example, when bitcoin first came out, it was very easy to mine, and the price was only a few cents, so that some people put it in the hard disk after they g it out, forgot about it and then lost the hard disk; Some people exchanged 10000 bitcoins for two pizzas, which are worth $100 million at the current price. These pizzas are called the most expensive pizzas in history. At the beginning of the project, e to the large number of coins, the act of sending out a large number of coins is called candy -
so what's the use of these candies
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after circulation, they can be sold on some trading websites, such as bitcoin and reborn coin, which can be traded on trading websites. For those new kinds of candy, some will graally go online and can be sold at that time. Of course, at the beginning, the price is basically low, and some people will choose to hold it and wait for it to increase in value before selling it
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use in the application scenarios of these projects
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every blockchain project claims to solve some application scenarios at the beginning of release. Of course, the later development of the project is another topic. We assume that the project develops smoothly, and we need some media in the future application process. These media are the digital currency issued by them. At this time, we can use the candy presented, which is similar to some services using QQ that need to pay for QQ currency. If the general digital currency can get the same application scenario as q-coin, and its value and liquidity are guaranteed, the digital currency will naturally become valuable and can be used in circulation for a long time
make some wool