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Now the fire of virtual currency is in a mess. Everyone is talking about the blockchain and virtual currency. It feels like they are eliminated without talking about the blockchain. Let's talk about virtual currency today

concept description: calculation force and force are both mining capabilities. Generally, the higher the mining capacity is, the more mines will be g under the same conditions

however, I was also tempted by that sentence: "go to sea in the 1980s, speculate in stocks in the 1990s, and engage in Internet in the 1990s? What opportunities have you missed to get rich overnight over the years? " Many people are afraid to miss the tuyere, in fact, any new things should be treated with a normal mind, should not hold too high requirements

I will first introce several virtual currencies, and analyze whether they are regular or counterfeit through their models

1. Netease Star:

no matter who introces the virtual currency of blockchain, Netease star will be the first choice. Although Netease star has no trading platform and can't trade at present, they are all necessary. Maybe they believe that "Netease procts must be high-quality procts", or I have such an attitude

Netease planet is a virtual currency of blockchain launched by Netease in early 2018

the app of Netease planet is very concise, clean and tidy. It only shows the growing black diamonds. Here is the list of force value and black diamonds. At present, the highest force value is 223, and the highest force value of black diamond is 60

through the above methods, although it can't be 100% identified as counterfeit currency, for your reference, you can't blindly invest because you too much virtual currency, you must have a clear mind

The concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's idea, open source software was designed and released, and P2P network was built on it. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system

unlike most currencies, bitcoin does not rely on specific currency institutions. It is generated by a large number of calculations based on specific algorithms. Bitcoin economy uses the distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses the design of cryptography to ensure the security of all aspects of currency circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. The biggest difference between bitcoin and other virtual currencies is that the total amount 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 million

bitcoin can be cashed and converted into the currency of most countries. Users can use bitcoin to buy some virtual items, such as clothes, hats and equipment in online games. As long as someone accepts it, they can also use bitcoin to buy real-life items[ 1-2]

on February 26, 2014, Joe Manchin, a Democratic senator from West Virginia, issued an open letter to a number of regulatory authorities of the federal government of the United States, hoping that the relevant institutions would pay attention to the current situation of bitcoin encouraging illegal activities and disrupting the financial order, and take action as soon as possible to completely ban the electronic currency[ 3]

from 12:00 noon on January 24, 2017, China's three major bitcoin platforms officially began to collect transaction fees[ 4]

3 million users, and still growing

a recent report released by Cambridge innovation financial center shows that people have a broader understanding of cryptocurrency than they think. It is estimated that more than 3 million people are actively mining, accumulating and storing cryptocurrency. This is quite different from the previous estimate, which was estimated to be about 1 million people at that time

to reach this conclusion, the data analyzed by Cambridge innovation financial center come from hundreds of Companies in 38 countries, covering about 75% of cryptocurrency

the scale of this study highlights the unprecedented growth of cryptocurrency. Bitcoin began in 2009 and has enjoyed a complete dominant position in the market for quite a long time. But recently, e to the entry of other cryptocurrencies, its market share has dropped to 72%

although there is a trend in the instry, it is a good thing because it will become the key to the long-term survival of bitcoin. As more and more companies see bitcoin as a way of payment, attitudes around the currency itself will change. People don't regard it as a kind of investment similar to stocks, but as a real currency

for non-profit organizations, the increasing acceptance of the commercial market is also a positive sign, they are more inclined to accept bitcoin donations. Although this situation only started in 2014, many non-profit organizations now think that bitcoin is superior to cash and is an additional source of income

perhaps the most surprising thing is that cryptocurrency income does not need to be taxed, as the IRS lists bitcoin as a tax asset. So in the non-profit world, bitcoin is a non cash gift with no value attached

the future of cryptocurrency

as the growth of cryptocurrency users, the system must be changed to adapt to this situation. The subject of radical reform in 2017 is the right to privacy

at present, as long as there is correct information, it is easy to connect the bitcoin address with its owner, which opens up a possible way for private information disclosure

we have also seen a large number of courses focusing on cryptocurrency. A course developed by Ohio University even began to accept bitcoin to pay tuition fees