P2P digital currency
Digital money is legal
digital currency itself is legal in China. Digital currency is defined as Internet goods in China, but the relevant supervision is still blank, and digital currency is still in the gray area in China. Well known digital currencies include bitcoin, Leyte coin, Ruitai coin, thousand gold card, dog coin, etc
however, there are also some non developers who use the cover of digital currency to carry out pyramid schemes, such as the Vicat scheme, treasure scheme, Porter scheme and so on
development materials:
digital currency is different from the virtual currency in the virtual world, because it can be used for real goods and services transactions, not limited to online games. The early digital currency (digital gold currency) is a form of electronic currency named after the weight of gold. Today's digital currency, such as bitcoin, lightcoin and ppcoin, is an electronic currency created, issued and circulated by check sum cryptography. It is characterized by the use of P2P peer-to-peer network technology to issue, manage and circulate currency. In theory, it avoids bureaucratic examination and approval, so that everyone has the right to issue currency
1. The concept range is different. Bitcoin is a kind of digital currency, and the concept of digital currency covers bitcoin
However, some digital currencies have independent issuers The biggest difference between bitcoin and other virtual currencies is that the total quantity of bitcoin is very limited and it has a strong scarcity. The monetary system used to have no more than 10.5 million in four years, after which the total number will be permanently limited to 21 milliondigital currency is abbreviated as digiccy, which is the abbreviation of "digital currency" in English. It is an alternative currency in the form of electronic currency. Both digital gold coin and cryptocurrency belong to digiccy. Bitcoin is a digital currency
digital currency is different from the virtual currency in the virtual world, because it can be used for real goods and services transactions, not limited to online games. The early digital currency (digital gold currency) is a form of electronic currency named after the weight of gold
today's digital currencies, such as bitcoin, lettercoin and ppcoin, are electronic currencies created, issued and circulated by means of check sum cryptography. It is characterized by the use of P2P peer-to-peer network technology to issue, manage and circulate currency. In theory, it avoids bureaucratic examination and approval, so that everyone has the right to issue currency
illegal digital currency
in recent years, "virtual currency" represented by bitcoin, Ethernet currency and Leyte currency has been traded centrally on some Internet platforms. With the help of financial technology, the price of these "currencies" has graally spread to investment, financing and other financial fields, which has aroused wide attention from all walks of life
not long ago, the people's Bank of China and other seven ministries and commissions jointly issued the announcement on preventing the financing risk of token issuance, which clearly regulated the relevant behaviors. Experts pointed out that "virtual currency" is not legal tender (legal currency) issued by monetary authorities, but a specific virtual commodity in essence
therefore, it is undoubtedly a great legal and economic risk to think that "virtual currency" has or will have the nature of legal tender and to carry out speculation, network fund-raising, lending and financing
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 a digital representation of value, which is not issued by the central bank or authorities, nor linked with legal currency. However, because it is accepted by the public, it can be used as a means of payment, or it can be transferred, stored or traded in electronic form
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it is the largest digital currency trading platform in South Korea, where more than 13000 bitcoins are traded every day. This platform accounts for 50% of the Ethereum market in South Korea. Bitcoin traded every day accounts for 75% of South Korea's bitcoin market and 10% of the global bitcoin market
2. Bitmex
this is a very leading leveraged trading platform established in the Republic of Seychelles. It can operate up to 100 times leverage encryption bitcoin. But this platform needs to pay attention to that it is very suitable for experienced people to control, if you are a beginner, you must see the hidden risks< 3. Okex
okex is mainly for global currency transactions. It mainly includes not less than three kinds of digital assets, but also various derivative spot assets. Its management is a measure of separate and isolated management of various currencies. Let users have a perfect trading experience on the platform
4. Coin an
as one of the most influential digital currency trading platforms in the world, it has also disclosed financing information in recent years. That is to say, coin an is now one of the international blockchain instries that the world pays close attention to. In just 50 days of its launch, users have covered more than 180 countries around the world
5. Fire currency
fire currency is one of the three major trading platforms in China and one of the top 10 global digital currency trading platforms. Since its establishment, it has accumulated more than US $100 million in transactions, once surpassing Singapore, South Korea, Hong Kong and other teams. It provides a convenient trading platform for more than 130 countries in the world.
1. Litecoin is similar to bitcoin, which is also an encrypted digital currency, and its price has risen sharply recently. It is a P2P open source digital currency, which can be regarded as a branch of bitcoin. However, although lightcoin is based on bitcoin protocol, it does not require very high computing power. It can also be mined using ordinary computers. Lightcoin's algorithm comes from the algorithm designed by Dr Colin Percival for tarsnap secure online backup service (backup for Linux and other open source operating systems)
2. Namecoin
namecoin is also based on bitcoin, which is another branch of open source. Namecoin is a distributed DNS protocol -- generally speaking, it can transform the website name (such as ifeng. Com) that can be understood by human into the address that can be understood by machine. As its own DNS, this kind of currency can operate outside the normal Internet, so it can break away from the control of ICANN
the monetary value and domain name of namecoin are stored in the user's blockchain records, limiting the total number to 21 million
3. Peercoin
peercoin is a peer-to-peer variant of bitcoin, which can improve mining efficiency and security, and improve safeguard measures to avoid group mining. Now, group mining has been considered as a potential defect of bitcoin. According to the statistics of emerging currencies by coinmarketcap.com, peercoin currently ranks fourth in the market value of digital currencies
4. Primecoin
primecoin is a cryptocurrency similar to bitcoin, but it uses a completely independent mining algorithm. Bitcoin uses the hashcash algorithm, while prime coin uses the long Cunningham chains to create the value of money - a sequence of prime numbers named after mathematician AJC Cunningham
in the process of bitcoin mining, as the amount of money goes on, the difficulty will increase sharply. But prime is different. Every time a primecoin is mined, the mining difficulty will increase slightly, and the process is much more stable< 5. Feathercoin
based on the design of litecoin, released in April 2013, can adjust the mining difficulty more frequently than litecoin. Feathercoin will be updated frequently, adding new features and improvements to eliminate malicious mining behavior
6. Novacoin
another P2P digital cryptocurrency. Novacoin is different from most other currencies in that it integrates a protection mechanism in the currency core, which can identify illegal mining activities
the total number of novacoin is limited to 2 billion, which is considerable. If necessary, the total can be adjusted upward
7, infinitech
published in June 2013. A by-proct of litecain. According to the mining situation and the total amount of money, infinite money can frequently adjust the mining difficulty ratio< Megacoin was only released in the fourth quarter of 2013, imitating bitcoin in the early stage. The total number of megacoin is limited to 42 million, which can be mined like other virtual currencies. Its biggest selling point is brand publicity, which other digital currencies lack< It was released in 2013 and is still in its infancy. In the security part of quarkcoin, nine independent loops are deployed and six different algorithms are used.
it's not a reality. Up to now, I still think it's stupid to make money by buying and selling domain names. I know it happens sometimes. It's like a high-risk, low return investment
as a result, the Internet did. Now, 20 years on, domain names are cheap, and search engines make them brand specific Note: the author means that the convenience of search engines makes domain names cheaper and cheaper. Domain names are only related to brands.)
What does this have to do with the value of bitcoin
this is an example of how people's views on value change with the development of technology
at this point, most people see bitcoin as money. The chairman of the US SEC said, "yes, that's how drug gangs use it. Everyone I know thinks so.". It's called "bit coin" for a reason
bitcoin maximalists call it hard currency, critics call it fake money, and veteran players call it cyber currency
W bq89998 push the latest currency from time to time to ensure the minimum 10 times
1. Bitcoin
the concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. According to the idea of Nakamoto, the open source software is designed and released, and the P2P network on it is constructed. Bitcoin is a virtual encrypted digital currency in the form of P2P. Point to point transmission means a decentralized payment system
2. Litecoin (LTC) is an improved version of digital currency inspired by bitcoin. It was designed and implemented by a programmer who worked in Google. It was released on November 9, 2011. Lightcoin and bitcoin have the same implementation principle in technology, but the creation and transfer of lightcoin is based on an open source encryption protocol, which is not managed by any central organization
extended data
characteristics of bitcoin currency:
1. Decentralization: bitcoin is the first distributed virtual currency, and the whole network is composed of users without a central bank. Decentralization is the guarantee of bitcoin's security and freedom
2. Global circulation: bitcoin can be managed on any computer connected to the Internet. No matter where you are, anyone can dig, buy, sell or collect bitcoin
3. Exclusive ownership: private key is needed to control bitcoin, which can be stored in any storage medium in isolation. No one can get it except the user himself
4. Low transaction cost: bitcoin can be remitted free of charge, but a transaction fee of about 1 bitfen will be charged for each transaction to ensure faster transaction execution
it is different from the virtual currency in the virtual world, because it can be used for real goods and services transactions, not limited to online games. The early digital currency (digital gold currency) is a form of electronic currency named after the weight of gold. Today's digital currency, such as bitcoin, lightcoin and ppcoin, is an electronic currency created, issued and circulated by check sum cryptography. It is characterized by the use of P2P peer-to-peer network technology to issue, manage and circulate currency. In theory, it avoids bureaucratic examination and approval, so that everyone has the right to issue currency.