The similarities of virtual currency virtualization

1.

what is digital currency

digital currency can be used to describe all electronic currencies, including virtual currency and cryptocurrency. Digital currency is a kind of electronic currency without any physical form. Because of its functions and inherent attributes, it is the same as the standard illegal fixed currency, and can also be referred to as the network version of cash. Digital currency is invisible. People need to use and hold it through devices that can be connected to a specific network

T1: eth (the first public chain at present, the underlying platform of Shanzhai coin breeding, and in the speculation of eth2.0) EOS (community consensus + DAPP possible explosion + defi can also join + drop out of high cost performance) Zec (anonymous leader)

T2: Yas (UBI concept, low market value, great potential) atom (cosmos, advantage new public chain), XRP (the decline in 2019 has not risen, so the upward space is still very large) Polkadot dot (Boca, the goal is to surpass Ethereum) KSM (Boca pioneer)

T3: Ada (potential) NEO (myth of 1000 times of the last bull market), ont (strong village), Iost (Iost is currently undervalued, DAPP is also in good development)

there are platform coins in the coin circle, corresponding to HT, BNB, MX

2. Virtual currency refers to non real currency. Well known virtual currency, such as network company's network currency, Tencent company's Q currency, Q point, Shanda company's voucher; The popular digital currencies in 2013 include bitcoin, Leyte coin, Fuyuan coin, doggy coin and so on
network virtual currency can be roughly divided into

the first category is familiar game currency. In the era of stand-alone games, the protagonist accumulates money by knocking down the enemy, entering the gambling house to win money, and using these to buy Herbs and equipment, but it can only be used in his own game console. At that time, there was no "market" between players. Since the establishment of Internet portal and community, the realization of game networking, virtual currency has a "financial market", players can trade game currency
the second type is the special currency issued by the portal website or instant messaging service provider, which is used to purchase the services in the website. The most widely used is Tencent's q-coin, which can be used to purchase membership, QQ show and other value-added services
the third kind of virtual currency on the Internet, such as bitcoin (BTC), Fuyuan coin (FTC), Wright currency (LTC), etc. bitcoin is an electronic currency proced by open-source P2P software. Some people also translate bitcoin as "bitcoin", which is a kind of network virtual currency. It is mainly used for Internet financial investment, and can also be directly used in daily life as a new currency.

3. Currency virtualization refers to the graal separation of money from precious metals in the development and transformation into credit money. Credit money develops from paper money to bank account and credit card, and money is transformed into a pure value symbol. That is to say, money graally breaks away from its value entity (as the result of abstract labor) and value carrier (such as precious metals, bank notes) and becomes a pure value symbol.

4. Of course, the central bank will also issue virtual currency. At present, it is suggested to do international work. For example: DGC.. Differentiable

5. The differences between electronic currency and traditional currency are: Security traditional currency: easy to forge, easy to lose and be stolen when carried with you; Electronic currency: the use of modern password technology, limited to legal person use, can avoid repeated use, strong anti-counterfeiting ability, no need to carry, can rece the risk of loss and theft. Anonymity traditional currency: anonymity and untraceability; Electronic currency: digital signature, authentication and other technologies are used to ensure the anonymity and untraceability of payment transactions. Convenience traditional currency: it must be used at fixed time; Electronic currency: the payment process is not limited by time and place, so it is more convenient to use. Cost traditional currency: high cost of issue, transportation and transaction; Electronic currency: no transportation cost, low issue cost and transaction cost. Decomposing traditional currency: not decomposable; Electronic currency: the size of the cash payment unit can be defined by itself and is not limited by the actual cash system.

6. At the moment, there is a big difference. I feel that the most common point is that all of them can be used for payment. For example, Dell accepts bitcoin payment to buy computers. Or you can ask Babbitt, where there are more cattle.

7. This may be caused by a variety of reasons. First of all, as far as I know, Mt. GOx (commonly known as Mentougou), the world's largest bitcoin trading platform at that time, announced before February 10 that the withdrawal of bitcoin had been suspended e to technical problems, and planned to solve the technical problems and resume bitcoin on February 10. However, on February 10, bitcoin did not recover, and the problem of address forking of bitcoin wallet broke out, claiming that it was not only his own problem, but the same problem existed in the whole bitcoin system, which affected the price of bitcoin plummeting for the first time. The Mentougou incident cast a shadow on bitcoin and once plummeted below 2000

however, this has something to do with the wantonly one-sided reports of the media, which has caused excessive panic among bitcoin players and made selling bitcoin popular

the bitcoin mining machine instry is also deeply affected by this incident. At this stage, bitcoin miners are mining at a loss, and the mining machines in the market are also ignored. Take the mainstream Avalon chip in the market as an example. As the price of bitcoin continues to fall, the price of the third generation Avalon chip has been reced from 80 yuan to 14 yuan since it was released. However, with the recovery of bitcoin price, the sales of bitcoin mining machines are booming again.

8. What are you going to look like? Do you need wallets, blockchains and apps?