L Leyte
digital currencies are traded on exchanges, such as coin an, fire coin and bitbuffer.
virtual currency ICO (abbreviated as initial coin offering) is a kind of blockchain, which is a common way to raise funds for cryptocurrency / blockchain projects. This kind of blockchain is a kind of data structure with relatively complex arrangement, and it is a kind of distributed ledger that can not be forged
virtual currency is different from check and telegraphic transfer. The value that virtual currency can't realize can't be transferred by bank. At present, it can only circulate in the network world. Virtual currency is released by various network organizations, and there is no unified issuance and management standard
extended materials:
virtual currency refers to a kind of virtual money on the Internet. That is to say, the information flow or data flow that replaces the circulation of real money in high technology. Today, with the rapid development of information technology, real money is far from meeting people's demand for capital flow
blockchain is a new application mode of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other computer technologies. The so-called consensus mechanism is a mathematical algorithm to establish trust and obtain interests between different nodes in the blockchain system
blockchain is an important concept of bitcoin, which is essentially a disintermediated database, as well as the underlying technology of bitcoin. Blockchain is a series of data blocks generated by cryptography. Each data block contains the information of a bitcoin network transaction, which is used to verify the validity of the information (anti-counterfeiting) and generate the next block
reference materials: Network: virtual currency
Network: ICO
Network: blockchain
① lightcoin network can process a block every 2.5 minutes (instead of 10 minutes), so it can provide faster transaction confirmation
② lightcoin network is expected to proce 84 million lightcoins, which is about four times the circulation of bitcoin network
③ in its workload proof algorithm, lightcoin uses & RLM; C o l i n P e r c i v a l First proposed & RLM; s c r y p t Encryption algorithm, which makes it easier to mine Leyte coin on ordinary computer than bitcoin
lightcoin is the most successful digital currency to imitate bitcoin. At present, all major platforms support lightcoin trading, including 58c & RLM; o i n, It can be seen that lightcoin is comparable to bitcoin in terms of security and recognition.
Virtual currency trading is prohibited by the state, so many platforms do not sell it. The relevant documents are as follows: announcement of the people's Bank of China Central Network Information Office, Ministry of instry and information technology, State Administration for Instry and commerce, China Banking Regulatory Commission, China Securities Regulatory Commission, and China Insurance Regulatory Commission on preventing the financing risk of token issuance, All financial institutions and non bank payment institutions shall not directly or indirectly provide procts or services such as account opening, registration, trading, clearing and settlement for token issuance and financing and "virtual currency", nor undertake insurance business related to token and "virtual currency" or include token and "virtual currency" into the scope of insurance liability. Financial institutions and non bank payment institutions shall report to the relevant departments in a timely manner if they find clues of violation of laws and regulations in token issuance financing transactions
there are multiple risks in the financing and trading of token issuance, including the risk of false assets, the risk of business failure, the risk of investment speculation and so on. Investors must bear the investment risk on their own, and hope that the majority of investors are wary of being cheated
for all kinds of illegal financial activities carried out by using the name of "currency", the public should strengthen the awareness of risk prevention and identification ability, and timely report relevant illegal clues
extended data:
in 2014, there were 5 court judgments, and then increased by multiple, to 62 in 2017. The latest judgment was made by the court on May 2, 2018. 65 kinds of "pyramid schemes" involved more than 10 billion yuan, and more than 10 million people bought them
according to statistics, 141 virtual money pyramid schemes involve MBI, m3, Diablo, Asian, star, Jinyuan shopping alliance, Changjiang international, Qile bar, micro media, bonus point, virtual gold, HGC, COA, LFG, Sri, bismall, ahkcap, CPF, Yifen, K, R, Baichuan, kbao, Zhongfu Tongbao, Hongtong Raines electronic currency, global BlackRock No.1 financial currency, Glasberg, BCI, m currency
wing coin, ev coin, performance coin, FIS, u coin, ES, zangbao performance coin, huiai e-coin, Jianye disk e-coin, subsidy coin, hftag, Kaixin compound interest coin, kuailine virtual currency, Shihua coin, ente coin, CPM, karat coin, supreme coin, Wuhua union virtual currency, Meisheng e, Zhonghua coin, Mimi virtual currency, FIS, world Yunlian cloud coin There are at least 65 kinds of "virtual currency" such as Liwu coin, Vicat coin and mark coin. These virtual money MLM organizations have at least 15653622 members in China
according to the judgment documents, among the above-mentioned virtual currency pyramid schemes, Vicat is the most involved, with a total amount of 7 billion, and its global membership number is 10770000, with the largest number. In terms of the development scale of MLM organizations in China, "cloud coin" (also known as world UnionPay and world cloud network MLM platform) has the largest number of MLM organizations (4391449); Second, the "dark money" pyramid marketing organization has developed more than 3.4 million members
and Chinese, and the people of the world are very bright and quiet.