What does virtual currency break

1.

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

2. At present, bitcoin is the only reliable virtual currency. Bitcoin is a kind of virtual currency generated by the corresponding algorithm, which needs to use a large number of mining machines, that is, servers for mining. At present, only the virtual currency issued by the central bank is legal in our country, and the others are illegal
I hope I can help you. Thank you for your adoption.

3. It's the currency used in the virtual world. There is no real object, just a symbol.

4. In fact, it is the proction process and method of virtual currency, in short, it is mining. Let's take bitcoin as an example to show that more people can go to bitcoin home and

anyone can run software on special hardware to become a bitcoin miner. Mining software monitors transaction broadcast through P2P network and performs appropriate tasks to process and confirm these transactions. Bitcoin miners can earn transaction fees paid by users to speed up transaction processing and additional bitcoin issued according to fixed formula
new transactions need to be included in a block with mathematical workload proof before they can be confirmed. This kind of proof is hard to generate because it can only be generated by trying billions of calculations per second. Miners need to run these calculations before their blocks are accepted and rewarded. As more people start mining, the difficulty of finding effective blocks will be automatically increased by the network to ensure that the average time to find a block remains at 10 minutes. Therefore, the competition for mining is very fierce, and no indivial miner can control the content contained in the block chain
workload proof is also designed to rely on previous blocks, which forces the time sequence of block chain. This design makes it extremely difficult to cancel previous transactions, because the workload proof of all subsequent blocks needs to be recalculated. When two blocks are found at the same time, the miner will process the first block received, and once the next block is found, it will be transferred to the longest block chain. This ensures that the mining process maintains a global consistency based on processing capacity
bitcoin miners can neither increase their rewards by cheating, nor deal with the fraulent transactions that destroy the bitcoin network, because all bitcoin nodes will reject the blocks containing invalid data that violate the bitcoin protocol rules. Therefore, even if not all bitcoin miners can be trusted, the bitcoin network is still secure.

5.

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content preview:
in the process of Xie Feng flying from the cave to Xinshou village for an hour, two players are heard to reach level 10 again
(the system will only announce the top three, and the latter will not. So now there are more than three players at level 10
"I'm here at last!" At the moment Xie Feng stepped on the novice village, he called
fortunately, there are no players around, otherwise Xie Feng will be treated with Xiao's eyes
when Xie Feng saw that there were no players around, he immediately recalled Xiao to the pet space and hid his wings, even the light of his equipment
after all, money doesn't show up. Although Xie Feng is not afraid of them to rob, nonsense, a group of just 10 garbage, to rob 150 abnormal! But after all, Xie Feng wants to be remembered every day
Xie Feng comes to the teleporter and says to the teleporter NPC, "I want to be reincarnated. Where can I be reincarnated?"
"what..... what? Are you going to be reincarnated NPC, the messenger, looks at Xie Feng with his mouth open. After all, some people have just reached level 10,
I didn't expect that all of them have reached level 150
"well... That reincarnation can go to the reincarnation centers in various cities
"which cities are there?"
"youpan ancient city, Nuwa City, Kunlun City, Xuanyuan city..." The teleporter NPC said

6. Central digital trading center 24 hours

7. China's gold and silver coins are all authorized by the people's Bank of China to China Gold Coin Corporation for unified sale after they are issued. The Gold Coin Corporation will initially wholesale to large coin dealers. This wholesale price is usually called "issue price". When the market price is lower than the initial issue price, it is called "break price". This is the stock term used for reference.