Data storage of digital currency
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{rrrrrrr}
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
With the rapid development of Internet technology, it has brought us infinite wonderful and convenient life. At the same time, with the continuous improvement of 5g network, container cloud and high-performance storage hardware, data growth has entered an unprecedented stage of development
AR, VR, Internet of things, edge computers and other devices available everywhere generate a continuous stream of data, just like an open water pipe, the data source has been flowing out. The data generated will increase geometrically. At this time, the storage technology of blockchain will be demonstrated. A few years ago, there was an excellent IPFs project in the blockchain storage technology
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yottachain takes the blockchain as the underlying technology and develops a powerful incentive scheme for miners. With 1GB
of space invested by miners, yottachain can generate 5-10gb of storage capacity, which proces the miracle effect that the purchasing power of digital currency obtained by resource suppliers exceeds the resources they supply
because virtual currency is completely legal in China. At the end of 2013, the central bank and other five ministries and commissions jointly issued the bitcoin risk notice, which clearly defined the virtual currency represented by bitcoin as a special Internet commodity, and people can buy and sell freely at their own risk
Zhou Xiaochuan, the governor of the central bank, also said that bitcoin is a tradable asset like a stamp. It is not issued by the central bank, and the central bank has no right to ban it. Most of the countries in the world also adopt a cold attitude towards virtual currencies such as bitcoin.
a few days ago, modi of India announced the issuance of a new type of currency to combat tax evasion and money laundering. In fact, if the central bank issues digital currency with perfect technology and mature mechanism, it will have better effect. Because the digital currency, in addition to anti-counterfeiting, with the help of blockchain technology, makes the capital data traceable and highly transparent. These features can also be used for macro data statistics and monitoring, which has positive significance for big data risk control
as for what bank digital currency is, the central bank requested at the meeting on January 20 this year that the research team of the people's Bank of China should actively absorb the important achievements and practical experience of digital currency research at home and abroad, continue to promote on the basis of preliminary work, establish a more effective organizational guarantee mechanism, and further clarify the strategic objectives of the central bank in issuing digital currency, Do a good job in tackling key technologies, study the multi scenario application of digital currency, and strive to launch the digital currency issued by the central bank as soon as possible.
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