Meta DNA and Ethereum
< Introction to cognition & gt
publication time: 2016
recommendation: this book is mainly for programmers. Combined with API programming, we can tell you the principle and usage of cryptocurrency, as well as how to develop related software. For non programmer readers, the first few chapters of this book are still applicable as in-depth introction of bitcoin Book pdf download: https://quant.la/Download
On August 28, an insider of China Securities Regulatory Commission confirmed to reporters that the recent hot ICO has attracted the attention of the regulatory authorities and is currently preparing various materials“ At present, ICO has great risks. In the long run, it will definitely be included in the regulation. "
4 ask ICO
1, should ICO be included in the supervision
Tang Ling, CEO of Zhigui technology and general initiator of ink chain, told reporters that ICO should be included in the supervision. Under the demonstration of wealth effect, there are too many "pyramid selling currency" and "air currency" at present. Many projects can be financed before they are determined. Investors are crazy about speculating in currency, and the risk is great
Xiao SA, director of China Science and Technology Finance Law Research Association, believes that the national financial work conference emphasizes the need to strengthen the "professionalism, unity and penetration" of financial supervision, and all financial businesses should be included in the supervision. ICO should also be regulated. Financial innovation has vitality only when it is in accordance with the law, and any violation and abuse will be counterproctive
Li Lin said that since there is no supervision on the use of funds after ICO financing, the whereabouts of funds after financing have become a mystery. He suggested that regulators should pay attention to the appropriateness of investors
How should ICO be supervised Tian Ying, vice president of okcoin, believes that the first step in the supervision of ICO is to clarify the legal nature. The registration management of ICO's enterprises and the open and transparent trusteeship management of ICO's tokens should be carried out. The project sponsor, token circulation platform and the third-party propaganda organization should strengthen the inspection of the authenticity of the project, increase the risk ecation of investors, and effectively control the risk. These regulatory measures can be implemented after qualitative analysis. There are also many legal experts who suggest to refer to the financial technology sandbox regulatory system implemented in the UK and Singapore to minimize the contradiction between innovation and riskfor how to supervise, Tang Ling suggested setting up project audit and e diligence. At present, the ICO project is "self-examination and self passing meeting". Although the agent investment platform will also audit, it has not been put on record. At the same time, we should set up the fund trusteeship. In the early stage, some media exposed that indivial platforms used capital precipitation to buy financial procts, which was caused by the lack of fund custody, and it was easy for the platform to roll up money and run away. In addition, standardized management, the funds should not be allocated at one time. Many entrepreneurs haven't seen so much money and don't know how to spend it. It's easy to have problems
Xiao SA believes that the specific supervision focuses are: proct registration, information disclosure, asset custody, project authenticity and qualified investment
"proct registration is an effective way for regulators to understand and monitor high-risk financial business; Information disclosure is a routine scheme, which can make the project more transparent; Asset custody to prevent stakeholder cases; Project authenticity is the minimum requirement for ICO issuers; Qualified investment, matching the risk and investors, restricting speculative funds. " Xiao SA said
3. What are the difficulties of ICO supervisionTang Ling said that the regulatory difficulty lies in that many platforms can now achieve ICO through smart contracts, especially through Ethereum's projects, which can be raised by themselves without going through the platform. There are many private placements with high risks
According to Tian Ying, identifying the nature of ICO is a difficult point in promoting supervision. ICO is a bit like crowdfunding, but it is not exactly the same as crowdfunding. A while ago, the SEC of the United States announced the results of the investigation on the Dao token, believing that the token has the scope of securities and is under the supervision of the securities and Futures Law. This judgment is also the result of a lot of research and analysis by US regulators. Some non security tokens may expect the right to use certain procts, which does not belong to the category of securitiesshe believes that ICO is the proct of the Internet, and some ICO projects are operated globally. In the process of management, international coordination needs to be strengthened. What's more, how far should supervision go
Xiao SA said that there are differences in the instry on the nature of ICO. If we define the essence of ICO as "barter" and exchange one special virtual currency for another, it can be explained
if the ICO project directly raises "legal currency", including RMB, US dollar, euro, etc., it can be understood as "deposit" of illegally absorbing public deposits. Once it meets the requirements of the crime of illegally absorbing public deposits in article 176 of the criminal law, it may constitute a crime
Xiao SA believes that if the ICO project has a dividend clause, it has an equity mark; if the project has a repurchase clause, it has the suspicion of "capital preservation and interest preservation". It is similar to financial procts, and it is actually an illegal operation to issue financial procts without a license. In judicial practice, if illegal business is difficult to define, then the above behavior is likely to be identified as pyramid selling. Many ICO projects in the promotion process, there are promotional incentives, such as "pull an investor back token."
4. The impact of regulation on ICO
Xia Hu, CEO of Weiyou Yuanjie, told the Beijing news that regulators should regulate the development of ICO, especially the establishment of a "qualified investor system", because many ordinary investors do not have the ability to bear high risks and should not participate in such high-risk projects. If there is no qualified investor system, it is easy to cause social problems
as for the regulatory impact, Tian Ying said that in the short run, it will impact the current market, and in the long run, it will be concive to the sustainable and healthy development of the entire digital asset instry, so as to truly make the market healthy first and then efficient. On the other hand, supervision will also enable high-quality projects to present their value
according to a research report of Huachuang securities, the innovation trend of ICO is worthy of attention. In the long run, with its growing influence, it is necessary to accept supervision to promote the healthy and orderly development of the instry. ICO platforms or projects with strong strength are expected to take the lead in embracing regulation, balancing innovation attributes and potential risks, and become the beneficiaries of ICO's future development
according to Caixin, the relevant regulatory authorities will take action against ICO. Whether to ban the program is under discussion, the central bank, the CSRC are involved. The legal basis for this action comes from the measures for banning illegal financial institutions and illegal financial business activities promulgated in 1998
the reporter learned from a person in the instry that many departments including the financial market department of the central bank have stepped up their research on ICO, but there are still some related problems to be solved
according to a number of instry insiders, on August 18, the central bank, China Securities Regulatory Commission and China Banking Regulatory Commission organized a special ICO forum, which was interpreted as a "landmark event" in the instry, and it was only a matter of time before it was brought into regulation< On July 25 this year, the securities and Exchange Commission (SEC) issued a report on the Dao, which determined that its token was securities. At the same time, it emphasized that any act of buying or selling securities in the United States, whether it was real currency purchase or token distributed with blockchain technology, must comply with the securities law of the United States
according to the definition of financial market division on the official website of the central bank, its main responsibilities include drawing up the development plan of financial market, coordinating the development of financial market, and promoting the innovation of financial procts; In addition, the Bureau of currency, gold and silver is responsible for drafting the relevant measures for currency issuance and gold management, organizing the implementation and undertaking the work of RMB management and anti-counterfeiting currency< According to the regulatory practice of the US Securities Regulatory Commission, ICO is defined as a securities issue. Therefore, if China draws lessons from it, it should also be supervised by the CSRC. However, in China, the digital currency is supervised by the central bank. Therefore, it is the central bank and the CSRC that jointly study and decide who will supervise the digital currency< Since the first half of this year, the number of domestic ICO projects funded by virtual currency has increased explosively, which has aroused controversy over whether ICO is illegal in raising funds
according to the report released by the national Internet financial security technology expert committee, since 2017, the cumulative financing scale of ICO projects completed through various platforms has reached 63523.64btc, 852753.36eth and some RMB and other virtual currencies. Based on the zero point price on July 19, 2017, it is equivalent to RMB 2.616 billion in total. The total number of participants reached 105000
on August 24, the CBRC made regulations on virtual currency financing for the first time. The CBRC drafted the "Regulations on the disposal of illegal fund raising (Draft for comments)" (hereinafter referred to as the draft for comments) and pointed out that the illegal fund raising administrative investigation should be carried out in the name of virtual currency without legal permission or in violation of the relevant provisions of the state. The participants of illegal fund-raising shall bear the losses caused by their participation in illegal fund-raising
it is reported that Huo Xuewen, director of the Beijing Municipal Bureau of financial work, once pointed out at a closed door meeting that all activities of "managing other people's money" should be included in the supervision
Wu Xiaoling, deputy director of Finance and Economics Committee of the Standing Committee of the National People's Congress and chairman and President of Wukou School of finance of Tsinghua University, also publicly pointed out a few days ago that internationally, ICO has been regulated as a kind of securities in the United States. The people's Bank of China has also made a corresponding statement to bitcoin (pointing out that bitcoin does not have monetary attributes), and further regulatory measures are expected
a blockchain practitioner said that "blocking is better than sparing". Supervision is expected, but if it is totally negated, some enterprises will inevitably move ICO abroad<
4 ask ICO
1. Should ICO be included in the regulation
Tang Ling, CEO of Zhigui technology and general initiator of ink chain, told reporters that ICO should be included in the regulation. Under the demonstration of wealth effect, there are too many "pyramid selling currency" and "air currency" at present. Many projects can be financed before they are determined. Investors are crazy about speculating in currency, and the risk is great
Xiao SA, director of China Science and Technology Finance Law Research Association, believes that the national financial work conference emphasizes the need to strengthen the "professionalism, unity and penetration" of financial supervision, and all financial businesses should be included in the supervision. ICO should also be regulated. Financial innovation has vitality only when it is in accordance with the law, and any violation and abuse will be counterproctive
Li Lin said that since there is no supervision on the use of funds after ICO financing, the whereabouts of funds after ICO financing have become a mystery. He suggested that regulators should pay attention to the appropriateness of investors
2. How should ICO be supervised
Tian Ying, vice president of okcoin, believes that the first step in the supervision of ICO is to clarify the legal nature. The registration management of ICO's enterprises and the open and transparent trusteeship management of ICO's tokens should be carried out. The project sponsor, token circulation platform and the third-party propaganda organization should strengthen the inspection of the authenticity of the project, increase the risk ecation of investors, and effectively control the risk. These regulatory measures can be implemented after qualitative analysis. There are also many legal experts who suggest to refer to the financial technology sandbox regulatory system implemented in the UK and Singapore to minimize the contradiction between innovation and risk
for how to supervise, Tang Ling suggests setting up project audit and e diligence. At present, the ICO project is "self-examination and self passing meeting". Although the agent investment platform will also audit, it has not been put on record. At the same time, we should set up the fund trusteeship. In the early stage, some media exposed that indivial platforms used capital precipitation to buy financial procts, which was caused by the lack of fund custody, and it was easy for the platform to roll up money and run away. In addition, standardized management, the funds should not be allocated at one time. Many entrepreneurs haven't seen so much money and don't know how to spend it. It's easy to have problems
Xiao SA believes that the specific regulatory focus is: proct registration, information disclosure, asset custody, project authenticity and qualified investment
"proct registration is an effective way for regulators to understand and monitor high-risk financial business; Information disclosure is a routine scheme, which can make the project more transparent; Asset custody to prevent stakeholder cases; Project authenticity is the minimum requirement for ICO issuers; Qualified investment, matching the risk and investors, restricting speculative funds. " Xiao SA said
3. What are the difficulties of ICO supervision
Tang Ling said that the regulatory difficulty lies in that many platforms can now achieve ICO through smart contracts, especially through Ethereum projects, which can be raised by themselves without going through the platform. There are many private placements with high risks
Tian Ying believes that identifying the nature of ICO is a difficulty in promoting supervision. ICO is a bit like crowdfunding, but it is not exactly the same as crowdfunding. A while ago, the SEC of the United States announced the results of the investigation on the Dao token, believing that the token has the scope of securities and is under the supervision of the securities and Futures Law. This judgment is also the result of a lot of research and analysis by US regulators. Some non security tokens may expect the right to use certain procts, which does not belong to the category of securities
she believes that ICO is an Internet proct, and some ICO projects are operated globally. In the process of management, international coordination needs to be strengthened. What's more, how far should supervision go
Xiao SA said that there are differences in the instry on the nature of ICO. If we define the essence of ICO as "barter" and exchange one special virtual currency for another, it can be explained
if the ICO project directly raises "legal currency", including RMB, US dollar, euro, etc., it can be understood as "deposit" of illegally absorbing public deposits. Once it meets the requirements of article 176 of the criminal law on the crime of illegally absorbing public deposits, it may constitute a crime
Xiao SA believes that if the ICO project has a dividend clause, it has an equity mark; if the project has a repurchase clause, it is suspected of "capital preservation and interest preservation". It is similar to a financial proct, and it is actually an illegal operation to issue a financial proct without a license. In judicial practice, if illegal business is difficult to define, then the above behavior is likely to be identified as pyramid selling. Many ICO projects in the promotion process, there are promotional incentives, such as "pull an investor back token."
4. The impact of regulation on ICO
Xia Hu, CEO of Weiyou Yuanjie, told the Beijing news that regulators should regulate the development of ICO, especially the establishment of "qualified investor system", because many ordinary investors do not have the ability to bear high risks and should not participate in such high-risk projects. If there is no qualified investor system, it is easy to cause social problems
as for the regulatory impact, Tian Ying said that in the short term, it will have an impact on the current market, and in the long term, it will be concive to the sustainable and healthy development of the entire digital asset instry, so as to truly make the market healthy first and then efficient. On the other hand, supervision will also enable high-quality projects to present their value
according to a research report of Huachuang securities, the innovation trend of ICO is worthy of attention. In the long run, with its growing influence, it is necessary to accept supervision to promote the healthy and orderly development of the instry. ICO platforms or projects with strong strength are expected to take the lead in embracing regulation, balancing innovation attributes and potential risks, and become the beneficiaries of ICO's future development.
bak means that the cell is proced by bicker company<
423048 refers to the specification of the cell (internal part of the battery), which is 4.2mm in thickness * 30MM in width * 48mm in length (please check it yourself)
btc8g26 / 04kh is the traceability code of the battery. If you find that there is a problem with the battery, especially the safety problem, return it to the manufacturer, and the manufacturer can find out the proction material, proction process, proction shift date and other information of the battery according to this code, so as to find out the cause of the battery problem, and improve the proction material and process, so as to avoid similar problems with other batteries. If necessary, call back the problem batteries of the same batch, Avoid greater losses, especially when there are fatal problems such as fire
I am a proction engineer of lithium battery. If you have any questions, please leave a message on my blog
ha ha, is the answer professional enough?