How do side chain coins go to the main chain of the mine pool

1. The proction of virtual currency needs a professional team, but if you make a direct currency, there is no wallet, there is no maintenance, and it's just a pure number, it's much simpler, the cost is very low, and a trading platform is thousands of yuan. However, there are serious loopholes in this platform and it is easy to be attacked
if you want to create a virtual currency like bitcoin, Ruitai coin and Qianjin card, you need to make some efforts. First of all, these coins need card method and a downloadable wallet. The application scenarios of this kind of currency have been determined. At the same time, you need to create a secure and reliable trading platform.

2. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system. Bitcoin is not issued by specific currency institutions, it is generated by a large number of calculations based on specific algorithms. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions. 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
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 has no more than 10.5 million in the first four years, and the total number after that will be permanently limited to 21 million. Another point is that you can use computers to make bitcoin.

3. BCC started mining at 20:00 on August 1, and separated from bitcoin's main chain in block 478559. Viabtc, China's mining pool, excavated the first BCC block, and then the next block 478560. Before the separation from the main chain, the data stored in the blockchain and the running software are compatible with all bitcoin nodes. After the separation from the main chain, it begins to execute new code and package large blocks. Thus, a new BCC blockchain is born, and BCC also begins to develop independently.

4.

An important reason for the popularity of "virtual currency" in China is the lack of multi-level and multi category investment market, which makes many investors choose speculative procts such as "virtual currency"

therefore, China should also pay close attention to the construction of e-money system and virtual currency in line with the background of the times, improve the supervision of the investment market and the new financial technology system, and make good use of financial technology on the premise of preventing financial risks, so that it can better serve the real economy

in the face of the rapid development of Internet Finance and financial technology, relevant departments need to do a solid job in risk prevention and control while encouraging innovation. In order to regulate the development of this virtual commodity better and make its transaction in the market truly based on the use value, we should build special regulatory measures and even institutions for innovation such as "virtual currency" on the existing basis

5. Generally speaking, the main chain can be understood as a formal online and independent blockchain network; The side chain is not. It does not specifically refer to a blockchain, but is a general term for all blockchains that comply with the side chain protocol
the purpose of the side chain is to achieve two-way anchoring, so that some cryptocurrency can be "transferred" between the main chain and the side chain. Take bitcoin as an example: through the side chain technology, bitcoin can be "transferred" from the main chain to other blockchains, and can be used on the "transferred" blockchain. At the same time, bitcoin can safely "return" to the main chain; Bitcoin keeps the same value throughout the process. Therefore, the concept of side chain is relative to the main chain; As long as it conforms to the side chain protocol, all existing blockchains, such as Ethereum, lightcoin, zcash, etc., can become side chains
the deployment of side chain technology on the main chain means that users can use their existing assets to access the new cryptocurrency system, so as to achieve the operation purpose that cannot be achieved on the main chain. For example, using rootstock technology will enable bitcoin to conct more complex transaction operations, such as micro payment, through smart contract technology. At the same time, cryptocurrency can also expand its application scope through two-way circulation in the main chain and side chain
on the other hand, because the side chain is an independent blockchain and has its own node network, the code and data are relatively independent; So it will not increase the burden of the main chain in the process of running, to avoid the situation of excessive data expansion. However, the side chain technology is more complex, and it needs to support scripts that can be later reorganized to prove failed transactions and enough running nodes to ensure its security.

6. I think it's the main chain

7. Generally, blockchain, especially public chain, has main network and test network. The main network is a trusted blockchain network recognized by the blockchain community, and its transaction information is recognized by all members. Effective blocks will be added to the block ledger of the main network after the consensus of the blockchain network
many people don't understand what side chain is. This concept comes from bitcoin community and was put forward in December 2013. There are some problems with the birth of bitcoin itself or the mechanism of a blockchain itself. But if you modify bitcoin protocol or chain directly, it is easy to make mistakes. Moreover, because the bitcoin block has been operating continuously, if it is wrong, the amount of funds involved will be very large, which is not allowed
in fact, sidechains do not refer to a particular blockchain, but to all blockchains that comply with the side chain protocol. This term is relative to the main chain of bitcoin
for more information, what is a side chain

8. As a practitioner of blockchain digital currency, blockchain is a decentralized technology, and there is nothing to decrypt. The operation of digital currency is to reach a consensus on whether it will go up or down. To get rid of centralization is to get rid of makers.

9. LF supports multi-level side chain, and token is used as the main token of side chain for value circulation on all side chains. There is circulation between the side chain and the main chain, and the asset side chain is connected to the main chain. Aelf reshapes the structure between chains. The structure of eth is similar to series connection, and the solution of aelf is to change "series connection" to "parallel connection". The so-called "parallel connection" is a main chain, and then connect each branch chain on the N side. This is what the aelf team calls "mother union + n side chain Multi Chain" structure.