Digital currency exchange needs
the security of exchanges is an eternal topic
as the gathering place of interests, the game of interests behind may create evil links. Looking back on the development history of digital currency exchange, we can see a history full of glory and darkness. Glory is that it continues to provide users with more and more trading services and categories. Unfortunately, in the early stage of the instry, there was a lack of system. Most of the traditional exchanges were highly centralized. As the vested interests, they were opaque in assets, unfair in the distribution of interests, weak in the underlying structure, backward in security technology, chaotic in currency rules, and even dark box operation. In order to promote the global blockchain instry into a healthy development state, the market urgently needs an innovative, democratic, transparent, equal, free and safe trading environment to cope with the upgrading and iteration of the blockchain instry and promote the formation of a benign competition pattern in the global exchanges
the endless events tell us that history will not forget the instrial revolution and innovation mission of the blockchain instry, but also the hope brought by the blockchain to the global trust mechanism and the beautiful vision of redefining the world. Because of this, based on our deep understanding of the blockchain revolution and our goal of making a key contribution to the global blockchain business, we are striving to "pick one from a thousand miles" the most reliable blockchain asset trading platform
as an investor in the currency circle, the big knife of asset security is always hanging on his head. We all realize that the currency circle is a place where risks gather, so we don't even have the courage to recommend investment opportunities to our relatives and friends. Not to mention the drastic fluctuations in token trading, even buying and hoarding coins in the exchange are not bold to recommend. Because in the current stage of weak supervision, many exchange accidents and security news emerge in an endless stream, which means that a careless friend's assets will be swept away. When this wave of bear market came, we saw too many exchanges go bankrupt because of poor profits. At this time, conscientious exchanges will return the token to users, but most of them will roll up the token after they declare bankruptcy. There is "Mentougou" before and "fcoin" after. At this time, users react: you want to earn the profits of the transaction, people are interested in your principal. After seeing too much news like this, I seldom recommend buying coins to friends who are interested in investing in the currency circle
until I also experienced the "312" currency disaster in 2020, fortunately, my exchange adopted the circuit breaker mechanism in time to deal with it, so that I reced the panic and cut the flesh. Until now, the market has come back, experienced the return of capital and made profits, I carefully considered recommending this exchange; In this currency disaster, LOEX Lein of this exchange took correct and timely measures to protect the interests of users, won good reputation of users, and stood the test before I really took action and recommended it to my friends
the exchange, which has been operating for two years and has kept a record of zero security failures, has captured the rigid demand of many investors: asset security since its emergence. LOEX always adheres to the principle of user first and safety first, provides users with a safe, stable and convenient digital asset trading platform, and is committed to becoming a leader in the era of digital economy
first of all, LOEX ren operates openly through smart contracts
every user's transaction can be clearly observed through the EOS browser to ensure that your transaction is real. At the same time, because your assets are no longer handed over to the official team of LOEX ren, they are put in a place called "smart contract". Public rules ensure that your assets are smart and your EOS account is free to enter and leave, which ensures the safety of your assets. This is a safe transition to decentralization
next, LOEX also has AI program automatic detection
fault handling: support cluster expansion and active / standby operation
monitoring and early warning: real time monitoring of functional moles and timely early warning of abnormal moles
operation and maintenance center: it has a complete server cluster and database maintenance platform
protection measures: DDoS protection, intelligent ban, remote disaster recovery,
risk control management
we have a cross chain hosting cooperation system
the security system cooperates with Manwu District, know Chuangyu and other well-known enterprises
we have reached in-depth cooperation with the above-mentioned well-known institutions in terms of security. The security institutions provide a series of code audit services for smart contract projects, and continue to provide security audit services after the code upgrade of the project party. At the same time, the organization team will also provide long-term safety testing services to LOEX
therefore, what LOEX can do is secure asset protection, risk screening of currency projects, and security behavior inspection of exchange users
financial management cooperates with famous Wall Street AA level quantitative team
in the future, it can make LOEX exchange more secure and reliable. LOEX cross chain hosting can bring a large number of application scenarios to customers. LOEX exchange can provide sharing depth for all partners of loex.io, so that customers can have better circulation and trading depth in the exchange, and complete safe startup.
Domestic well-known digital currency exchanges include all NASDAQ Exchange, bbvip exchange, MGS exchange, EZb bull exchange, coincoin exchange, etc
1. NASDAQ Exchange
NASDAQ Exchange app, a brand-new blockchain currency trading software, enables customers across the country to easily enjoy the client application of trading services. The platform provides users with a secure trading environment, supports multi currency trading, as well as the latest blockchain information, and supports multi language localization, Can better understand the market, help users rationalize to make money
4. EZb bull exchange
EZb bull exchange is a blockchain digital currency exchange that many people like very much. It has the functions of legal currency trading, leveraged futures, DTZ Free Trade Zone and so on. It supports a variety of digital currency transactions and can be traded anytime and anywhere. New users will receive 10 urus upon registration, and each person invited will receive 1 urus. After the registration of real name authentication, the value is 70 +, and the promotion and diffusion is welfare and so on
Coincoin currency exchange app is a professional blockchain currency trading software, which provides users with a variety of currency transactions. It can also understand the dynamics of the currency circle in real time and check the rise of currency. At present, it supports BTC matching transactions with other assets, and the platform supports seven international languages: English, Chinese, English, Chinese, etc BTC trading area and eth trading area are supportedWhy do digital currencies need exchanges
as we all know, digital currency is based on blockchain technology and platform, and it is also one of the most typical applications of blockchain
taking bitcoin as an example, its platform provides the function of transferring money among users, but it does not provide the function of transaction and payment, which makes bitcoin unable to communicate with the outside world, let alone circulate, and thus cannot become a real currency
in order to solve this problem, the exchange was born
role of the exchange:
in addition to the above-mentioned trading and payment, the specific functions of the exchange are roughly asset management, matching trading and asset clearing, etc. To put it bluntly, it is equivalent to the Bank of digital currency. The matchmaking transaction here is actually to exchange for other currencies, such as bitcoin for Leyte. Of course, there are also some basic functions such as recharge and cash withdrawal. In principle, it is a centralized account book without being linked
on the other hand, the exchange also plays the role of stock exchange, making ICO (initial token issue) project possible
all kinds of token (token or token) can be raised and issued through the exchange
at this point, some people certainly think that the exchange is a combination of banking and securities trading
but not only that, the exchange also has the functions of futures and financial management, which means it also has the attributes of financial institutions such as futures exchange, securities companies and fund companies
it is not enough. In fact, the exchange also has the function of supervision, because there is no supervision. Therefore, the digital currency exchange can be regarded as a super financial center
the centralized exchange plays an important role, which obviously brings many security risks and trust crisis
all these are closely related to the violation of the "decentralization" advocated by blockchain
fortunately, some "decentralized" exchanges have emerged, which are based on the blockchain platform and rely on smart contracts to achieve the purpose of automation, de trust and transparency
let's briefly talk about how to build an exchange. Generally, a subject is registered first, such as the Singapore foundation, because the Singapore government encourages the development of blockchain, and high-quality project parties are registered in Singapore, which can be more recognized in the instry
the Singapore foundation can register by providing a company name and identity information of directors, and then it can do some legal compliance, which is also the advantage of the Singapore foundation. It can issue effective legal opinions to make the project compliance.
the tamper proof blockchain technology can solve the data forgery of traditional centralized game services and the risk of game user data leakage at one time, which makes AOCO subvert the traditional rules of the game instry, directly connect the components of the whole game ecological chain with a decentralized structure, and realize asset docking, circulation and storage.
Generally speaking, there are not many technologies available for blockchain development. The mainstream development languages are generally divided into the following four types. Different development languages require different timely configuration. You can also visit the blockchain development language selection.
first, go language is selected for development. The high concurrency of go language is very suitable for blockchain development
Secondly, C + + language and C + + technology are mature and fast Thirdly, Java language Four is, node, JSBinance exchange, with rapid development, has become one of the top five exchanges in the world in just half a year. Unlike idcm.io, which was the first to support vhkd, binance directly issued its own token BNB and launched the exchange
advantages: large trading volume; Support multiple computers and mobile phones; Multi language support; More currencies: 99 cryptocurrencies such as BTC, ETH, LTC and BNB are supported, 235 paired trading markets are available, and the service charge is low; It's faster to recharge and withdraw money
disadvantage: they have no futures and OTC trading, and only support currency trading, and stopped the service to domestic users some time ago, so domestic users need to choose carefully. At the same time, because binance is an exchange trading platform, it cannot be traded directly with legal currency, so it needs to use other platforms to buy cryptocurrency
it's not very convenient to recharge it to coin an network. In addition, in February and March of this year, binance suffered serious security incidents and hackers' leek cutting attacks, and its security performance was questioned
extended information:
the process of digital currency trading through the platform is as follows:
(1) investors should first register accounts, and obtain digital currency accounts and US dollar or other foreign exchange accounts
(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
the mode of digital currency trading through operating companies is as follows: take Ruibo coin as an example, Ruibo coin is operated by professional operating company opencoin, ripple protocol was originally designed based on means of payment, and the design idea is based on acquaintance network and trust chain
to use ripple network for remittance or loan, the premise is that in the network, the payee and the payer must be friends (mutual trust relationship is established), or have common friends (trust chain is formed through the transmission of friends), otherwise the trust chain between the user and other users cannot be established, and the transfer cannot be carried out
in September 2017, the central bank issued an announcement on preventing the financing risk of token issuance, which formally determined that ICO is illegal financing without approval, and no organization or indivial is allowed to participate
later, on April 23, 2018, it was announced that the left and right digital currency ICO platforms had all withdrawn from the Chinese market, so the current ICO is illegal in China< Second, digital currency exchanges are prohibited in China.
after announcing that ICO is an illegal financing activity, the central bank also listed services such as trading, exchange, pricing and information intermediary for virtual currency as prohibited items, which means that digital currency exchanges are illegal in China
the trading platforms including bitcoin China, okcion, and fire coin all announced to stop the RMB recharge business in 2018, and closed the trading platforms one after another. As of April 2018, all digital currency exchanges have completely withdrawn from the Chinese market
Third, the central bank has not yet issued legal digital currency
so far, the central bank has not issued legal digital currency. If you are recommended to buy a digital currency "authorized or issued by the central bank", it must be a fraud platform
conclusion: there are no relevant laws and regulations for digital currency in China, but according to the documents issued by the central bank, the state is very cautious about digital currency, especially the digital currency issued by indivials.
1. The central bank's digital currency is definitely just a pure settlement network, which only allows banks and third-party financial institutions to use, and it is likely to stipulate that it must be used among institutions at that time. With this settlement network, the central bank should be able to review every transaction between institutions very easily
2. Don't expect it to be used by ordinary citizens. Freedom, equality and self responsibility are the basic concepts of digital currency. These are not allowed by the central bank
Freedom: the central bank will not allow you to transfer money as you want. The withdrawal of cash abroad should be limited to 100000. How can you complete the transfer by broadcasting data once
Equality: even if you hold on to the private key of reborn, it's hard for reborn to do anything to you. But the central bank needs to have life and death power over your property. So how can the central bank gain the authority to seize you in an open digital currency system? Use an admin level private key? Does it need multi-level permission control? Is it necessary to divide the internal and external network? After all these things are added, isn't that the traditional system? Why add to the cake and add to the blockchain
be responsible for yourself: it's easy to understand. If you lose your private key, it's all over. The reason why Yang Ma is called ma is that this kind of thing must be managed. Private key is too dangerous to be used by ordinary people
therefore, I think too much about what digital currency can fry or even replace bitcoin. It's something that has nothing to do with ordinary people.