Virtual currency token

1.

1、 Different definitions:

1. virtual currency:

virtual currency refers to non real currency

digital currency:

digital currency is an alternative currency in the form of electronic currency. Both digital gold coin and cryptocurrency belong to digiccy

3. Cryptocurrency:

cryptocurrency is a kind of transaction medium that uses cryptography principles to ensure transaction security and control the creation of transaction units

4. Token (token):

a kind of article whose shape and size are similar to currency, but the scope of use is limited and has no currency effect, and its token is the homonym of token in English

Second, the characteristics are different:

1; It can also be said that virtual currency is personalized currency. In another way, it can also be called information currency

2. Digital currency:

is an unregulated and digital currency, which is usually issued and managed by developers and accepted and used by members of specific virtual communities

Cryptocurrency:

cryptocurrency is based on the decentralized consensus mechanism, which is opposite to the banking and financial system relying on the centralized regulatory system

4. Token (token):

usually needs to be exchanged for money, used in shops, playgrounds, mass transportation and other places, as a voucher to use services and exchange goods

extended data

at present, digital currency is more like an investment proct, because it lacks a strong guarantee agency to maintain its price stability, and its role as a value measure has not yet appeared, so it can not be used as a means of payment. As an investment proct, digital currency cannot develop without trading platform, operating company and investment company

digital currency is a double-edged sword. On the one hand, the blockchain technology it relies on has been decentralized and can be used in other fields except digital currency, which is one of the reasons why bitcoin is popular; On the other hand, if digital currency is widely used by the public as a kind of currency, it will have a huge impact on the effectiveness of monetary policy, financial infrastructure, financial market and financial stability

2.

Virtual currency is the currency used for electronic circulation. Now the scope of virtual currency is very large, including q-coin, bitcoin and so on. With the development of digital currency, virtual currency is becoming more and more abundant, which may become the mainstream in the future. For example, BTC, EOS, bcbot and so on are not only virtual currencies, but also algorithms, landing projects and technologies

virtual currency is mainly issued by online game service providers to purchase game props, such as equipment, clothing, etc. But at present, the use of virtual currency has gone far beyond this category. Virtual currency can be used to buy game cards, physical objects and download services of some movies and software

extended data:

real risk

as the proct of e-commerce, virtual currency has begun to play an increasingly important role, and it is more and more connected with the real world. However, with the growth of virtual currency, the relevant laws and regulations are lagging behind, which has laid many hidden dangers

fraud

the private transaction of online virtual currency has realized the two-way circulation between virtual currency and RMB to a certain extent. The activity of these traders is to buy all kinds of virtual currencies and procts at a low price, and then sell them at a high price to earn profits. With the increase of such transactions, there are even virtual mints. In addition to the virtual currency provided by the main company, there are also some people who specialize in "virtual coin making" to obtain virtual currency by playing games and then resell it to other players

Taking Wenzhou as an example, there are about seven or eight such "virtual mints" with four or five hundred practitioners. This not only creates a bubble for the price of the virtual currency itself, but also causes trouble for the normal sale of the issuing company. It also provides a platform for selling and collecting money and money laundering for various cyber crimes. p>

impact system

in modern financial system, the issuers of money are generally central banks, which are responsible for the management and supervision of money operation. As the equivalent exchange goods used to replace the real currency circulation on the Internet, the virtual currency on the Internet is essentially the same as the real currency. The difference is that the issuers are no longer central banks, but Internet companies

if the development of virtual currency makes it form a unified market, each company can exchange with each other, or virtual currency is integrated and unified, and all of them are based on the same standard and price, then in a sense, virtual currency is currency, which is likely to form a threat impact on the traditional financial system or economic operation

reference: network virtual currency

3. It's all the same. It can be called virtual currency.

4. So far, there is no official news about whether the virtual currency ICO token is a financial fraud, which indicates that the rumor may be untrue
rumors are not credible. You must pay attention to the official news or go to the official to find out
official news is the mainstream.

5. Virtual currency refers to the currency that does not exist in reality and exists in a virtual state, such as bitcoin, lightcoin, Ethereum and so on; Token refers to the form of money that can be used as a monetary function and can be used to purchase goods
virtual currency can be used for shopping transactions in certain situations, such as in some places abroad; At this time, it counts as a token and plays the role of currency
but token, such as the shopping card voucher printed by the company itself, can be used for the internal consumption of the company. To some extent, it is equivalent to token; However, it is not a virtual currency
that is to say, virtual currency may be token; But token is not necessarily a virtual currency.

6. A delegate is an object that allows another object to perform certain actions for it. It doesn't matter whether the delegated object implements the protocol or informal protocol. In the final analysis, the purpose of the delegated object to implement the protocol or informal protocol is to make the delegated object similar to Java generics and match any object.

7. Virtual currency is not real. It can be real. Virtual currency can be called token, but not all of them are virtual currency, because the meaning range of token is larger than that of virtual currency. If you want to know about virtual currency, you can get to know about it everyday.

8. The application scope of online token is generally limited to the consumer items of the issuing company, such as q-coin, which can only purchase value-added services (such as red diamond and yellow diamond) and online game consumption (such as flying car and dazzling dance) under Tencent
at present, virtual currency only has the value of speculation and collection, and there are not many real instries that accept virtual currency payment

9.

1. Different in nature

token, a kind of goods similar in shape and size to currency, but limited in scope of use and without currency effect

digital currency is a kind of unregulated and digital currency, which is usually issued and managed by developers and accepted and used by members of specific virtual communities. The European Banking authority defines virtual currency as a digital representation of value, which is not issued by the central bank or authorities, nor linked with legal currency. However, because it is accepted by the public, it can be used as a means of payment, or it can be transferred, stored or traded in electronic form

2. Different purposes

tokens usually need to be exchanged for money, and used in shops, amusement parks, public transport and other places as vouchers to use services and exchange goods

there are still a lot of repetitive human work in the bank's electronic loan process and processing process. As the basic support of loan issuance, many of the collateral have the situation of false pricing or multiple mortgage or even no collateral

we can consider using digital currency to price and track the bank's collateral: theoretically, through the automatic implementation of smart contract, the situation that the collateral is repeatedly mortgaged will be eliminated; Using digital currency to issue loans and build digital process will make the banking instry rece costs and improve efficiency. Digital mortgage application process can be established and processed in an automated way in the cloud

3. With different characteristics, the token is mainly made of metal or plastic

characteristics of digital currency: low transaction cost: compared with traditional bank transfer, remittance and other methods, digital currency transaction does not need to pay fees to a third party, and its transaction cost is lower, especially compared with cross-border payment which provides high handling charges to payment service providers

fast transaction speed: the blockchain technology used in digital currency has the characteristics of decentralization, and it does not need any centralized organization similar to the clearing center to process data, so the transaction processing speed is faster

high anonymity: in addition to the physical form of currency can realize the point-to-point transaction without intermediary participation, one of the advantages of digital currency compared with other electronic payment methods is that it supports remote point-to-point payment, it does not need any trusted third party as intermediary, and the two sides of the transaction can complete the transaction in a completely strange situation without mutual trust

therefore, it has higher anonymity, which can protect the privacy of traders, but at the same time, it also creates convenience for cyber crime, which is easy to be used by money laundering and other criminal activities