How to design and make virtual currency

3. 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.

4.

Several ideas for reference

1. you need to set a conversion exchange rate for forum points

2. if you issue a counterfeit coin directly, you can get it if you post something

3. the currency of the forum is issued through the second token agreement and then distributed weekly

4. develop the trading platform in the forum

5.

Every other time, the bitcoin system will generate a random code on the system node. All computers in the Internet can search for this code. Whoever finds this code will generate a block and get a bitcoin. This process is often called mining

at present, one bitcoin is divided into eight decimal places based on the current data structure, that is, 0.00000001btc. The smallest unit of bitcoin g by miners is 0.00000001btc

generally speaking, bitcoin is like a gold mountain with a total amount of 21 million gold coins. To get it, players need to use the computing power of the computer to calculate a group of numbers according to the existing algorithms

extended data:

unlike all currencies, bitcoin does not rely on specific currency institutions to issue. It is generated by a large number of calculations based on specific algorithms. Bitcoin economy uses the distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, And the use of cryptography design to ensure the security of all aspects of money circulation

the decentralized feature and algorithm of P2P can ensure that it is impossible to artificially control the value of bitcoin by mass manufacturing. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. 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

6. First of all, we should be careful to keep a clear mind, and then we should pay attention to all kinds of problems all the time. However, the most important thing is that the platform must be highly transparent, and formal platform is better than anything

7. Five steps to create your own cryptocurrency
when you see how complicated it is to make physical banknotes, it's easy to understand why most people don't try to print new forms of currency every day, but it's also very easy for people with only basic programming level to make new digital currency
programming is not the only step to create a new digital currency. Here are three cryptocurrency manufacturers giving you five steps to follow
1. Using the community to cultivate money
Chris Ellis, an entrepreneur from London and an activist in the feather money community, believes that when you consider making a new digital currency, it's easy to assume that the first step is to start currency programming, which is actually wrong
"the first step is to find a community and build a currency around the community, rather than expecting people to show up after building a currency," Ellis said. "It has to meet the needs of the community and be related to their cultural heritage and background."
Feather coin was created by Peter Bushnell in April 2013. Bushnell resigned as head of it at brechnos college, Oxford, because he wanted to create his own people-centered currency. He made the decision after seeing on bitcoin.org, a well-known cryptocurrency website, that the existing cryptocurrencies (such as bitcoin) lack community participation and inclusiveness
since March last year, Ellis has been actively promoting and teaching people the knowledge of cryptocurrency. Although he had not met Bushnell at that time, he was also aware of the alienation and isolation on the bitcoin forum
"these forums are very technology oriented and are not welcome for newcomers or minorities, and usually smaller teams can better serve these newcomers or minorities," Ellis said“ The forum did not make it easier for people to participate in currency development. A lot of people in these forums come to predict prices rather than actively participate in development. "
Ellis found the cryptocurrency community based on feather coin, and he said that technological development has benefited a lot from the community
"we are a group of feather coin encryption enthusiasts, but some of them may not be so easily integrated into other communities," Ellis said. He said everyone in feather money thought it was important to show that a group of loyal people could build a stable currency. Through cooperation, a dedicated community of encryption enthusiasts can better find and solve vulnerabilities and security threats. For example, the feather coin coding community has successfully resisted 51% of attacks
the establishment of such protective measures and the promotion of currency development can make the currency more legitimate and more easily trusted in the eyes of the public. But if the participants are all passive observers who are only for their own interests, it will be troublesome
2. Programming, for the long-term benefit
surprisingly, every currency developer I talked to said the same thing: "programming cryptocurrency is usually the least time-consuming part of the process. This is because all the cryptocurrencies on the market are based on the open source code of bitcoin or lightcoin provided on GitHub. "
Peter otbach, one of the founders of coino, said: "it doesn't take long to create. It could be only one day, "the company claims to be the fastest cryptocurrency on the market, with a maximum trading time of just 50 seconds“ To start programming, you just need to know C + + to create your own functions in it. "
according to Colin Evans, the developer of quark cryptocurrency, it may take longer than a day“ In terms of programming, the most complex steps may be related to the complexity of the parameters you plan to have in the blockchain, "Evans said“ For example, many currencies just use and the lettercoin code, but quark has a new hash algorithm - that is, it is separate from bitcoin and lettercoin - so if you want to change it, it will be the most difficult one. " In this case, it may take months to program cryptocurrency. However, Evans pointed out that if developers just reuse GitHub's code and change some simple parameters, any competent programmer can do it "in 30 minutes."
but just thinking that anyone with C + + skills can make their own cryptocurrency doesn't mean that one day there will be as many kinds of currencies as IOS applications. "Feather coin is actually a branch of Leyte coin," Ellis said“ It starts with a minimum number of parameter changes, because we think the most important feature of money is viability. "
however, the feather coin team noticed that some of the previous currencies did not last long, because they included a new function, which enables investors to make profits through short-term speculation. However, the team was often unable to manage the project as planned for a long time, resulting in the failure of the project. In other words, those failed currency developers may want to create cryptocurrencies and make profits in the short term, rather than in the long term, which is doomed from the beginning
Ellis said: "you have to be responsible for fixing defects, and you have to make a commitment when you launch the currency, and you have a responsibility to inform people of the risks and protect their property." if you can't, then no one will use your currency all the time
3. Let miners appear on the stage
once you develop currency, you need to spread the information so that people can start to excavate the currency, make people aware of its existence, and hopefully start to get some value in the eyes of miners and users. This is where cryptocurrency manufacturers can't think like programmers, but how humans put trust (and value) in things
Ellis of feather coin explains: "a good start is half done, so it's about building trust, expressing your vision and intentions to miners, who have the hardware they need, and giving them the opportunity to meet future opportunities“ You have to be honest and respect people's expectations and tolerance of risk, which many people value
"overheated money sales can be counterproctive, including new features designed just to try or stand out. Markets can test courage and determination. You need a group of loyal, loyal miners who will deal with the deal even when prices plummet, because they believe in the end result. It depends on good communication and team building
"many cryptocurrencies fail because they underestimate" software ". They think that technology can solve all problems. And then it's not what they think it is. You have to be good at being aware of what needs to be done and be ready to do what others don't want to do. "
4. Know your business
if you've done that. You've conceptualized a good cryptocurrency and brought the right team together to develop and nurture it in your own way. You have spread the news on the cryptocurrency forum, and a large number of miners are actively trying to dig your currency. The next step is to market your currency so that all miners can use it. This is not a small feat. After all, you need to convince indivials and businesses that these currencies created by themselves have value and can be traded like traditional trustworthy currencies
"it's a confidence building process," Ellis said“ It takes good management and time to work out what you really believe and advocate. People will be more willing to buy money based on your motives than your actions, so once you are confident, you have to start discussing your money with friends, businessmen, Internet forums and social media. "
Peter otbach agrees with this view that "to start marketing, you need to find the exact target group," he said, "at first you can start with the cryptocurrency market, because people there know the currency, and you will see their first reaction. It's going to be more difficult after that. You need to convince a lot of people who don't even know what cryptocurrency is, so you have to use money as a payment solution for online stores to attract their attention. "
"I want to add that it's not just about ecating them with facts," Ellis said. "It's about encouraging them to learn and discover their strengths. Money is a classified account. It is a tool that people use to achieve their goals and meet their needs. Knowing this will help you make great progress in marketing. "
Ellis believes that the key to getting merchants to accept money is to understand their different views“ Different stakeholders have the same rules. The difference is that miners are speculative and businessmen are more conservative. " He pointed out that businessmen have three main purposes: to make money, to save money and to raise their awareness“ If we can bring them customers and increase sales while recing the cost of payment, the rest of the job is to persevere and make it as easy as possible for them to start working. "
5. Conclusion
from a professional point of view or a traditional point of view, the last step in the journey of making cryptocurrency is to rule the world with money. But given that no currency has dominated the world for 5000 years, no matter what bitcoin enthusiasts in Silicon Valley say - any cryptocurrency
moreover, cryptocurrency domination "is not necessarily the goal," Ellis said“ Currency can be local. In fact, we think feather currency is a local currency that can serve the global market. "
there may be a real market for emerging cryptocurrencies: local currencies for certain communities, cities, events, venues and people. Build around like-minded consumer groups, so that they can trade quickly and freely, and provide security for the important goods and services in their lives. You don't have to rely on central banks and big markets to tell them that coins and paper money are valuable.

8. Virtual currency background system refers to the background of the platform. The real digital currency seldom mentions the virtual currency system, but mostly refers to the marketing currency and MLM currency. These coins do not have any technical content, let alone the so-called application. The platform design is very rubbish. At a glance, you can see that it was not created by professionals. However, this kind of currency has a certain market share in the market, relying on marketing
the mainstream trading platforms of bitcoin and lightcoin are very reliable both in terms of customer experience and security. Even the crowdfunding platforms such as European crowdfunding design project crowdfunding tokens with higher technical content than those so-called digital currencies.

9.

Recently, after a sharp correction in the A-share market, the number of stocks breaking the net and breaking the market in Shanghai and Shenzhen has increased According to the statistics of Securities Daily, as of yesterday, 19 stocks in Shanghai and Shenzhen stock markets had fallen below the fixed price, 70 stocks had fallen below the net assets per share, and 220 stocks had fallen below the listing price. In this regard, analysts believe that just as the so-called "do not break, do not stand", the large number of "three broken" stocks is often a sign of the rebound of the market bottom, and there are greater investment opportunities in the "three broken" stocks

At the same time, there are more broken net stocks in the banking instry. As of last Friday, there were 11 broken net stocks, accounting for 15.71% of the broken net stocks. The 11 net breaking bank stocks are: Huaxia Bank, Bank of communications, Minsheng Bank, Bank of China, China CITIC Bank, Bank of Shanghai, instrial bank, Everbright Bank, Shanghai Pudong Development Bank, Bank of Jiangsu and Bank of Beijing

but different from the public utility stocks that broke the net, the performance of listed banks in 2017 is generally expected to be good. Zhongyuan Securities pointed out that in 2017, the operating revenue and asset quality of banks improved in a large area on a month on month basis, and the optimistic expectation was graally realized. It also insisted that the scope of bank performance and asset quality improvement in 2018 will graally expand, from large banks to small and medium-sized banks

According to statistics, the market research center of Securities Daily found that, compared with the IPO price, the latest closing price of the last Friday, the share prices of 220 companies in Shanghai and Shenzhen stock markets fell below the IPO price, of which 127 shares broke more than 20%, while Jinbei Automobile, * ST Ruidian, Huayi Group, magic pharmaceutical, Dahua Group Bainmei, Jixin technology and other stocks were broken by more than 70%

from the perspective of performance, among the 220 companies whose share prices have fallen below the issue price, 181 companies have disclosed the performance forecast of 2017 annual report, and 113 companies have made performance forecast, accounting for 62.43%. From the perspective of the largest year-on-year increase in net profit, 23 companies are expected to double their net profit in 2017, including Fenghua (1058.32%), Shandong mining machinery (601.76%), Jingyi (575.07%), Yisheng Pharmaceutical (400.00%), zhengmeiji (374.20%), Qianzhao Optoelectronics (342.31%), COSCO Haifa (252.00%), Hongda new materials (217.07%) The net profit of PetroChina (203.00%) and other companies in 2017 increased more than 2 times year on year. And 26 companies, including Haohua energy, Linzhou heavy machinery, GCL integration, chlor alkali chemical, Tianlong optoelectronics, tianwo technology, Jinbei Automobile, Huadian heavy instry, are expected to turn losses into profits in 2017

from the perspective of market performance, among the breaking stocks predicted in the 2017 annual report, 31 stocks have declined by more than 20% since January 29. Among them, Kerong environment, Tongda Power, HNA innovation, Jingyi shares, Hainan mining, Shenke shares, lei technology and other stocks have declined by more than 25% ring the period

10.

BYD (002594): BYD has signed a cooperation agreement with the Institute of Communications (I2R) of Singapore Science and Technology Research Council (a * star), which will jointly establish a laboratory, integrate the strong advantages of both sides in the field of electric vehicles and driverless vehicles, and jointly develop driverless electric vehicle technology to create the next generation of intelligent electric vehicles

four dimensional innovation (002405): "chip + algorithm + software + map" comprehensive layout, committed to building the brain of intelligent driving car. In 2017, the company successfully integrated jiefa technology, successfully completed the business strategic layout of "chip + algorithm + software + map", and realized the integration of automotive electronic chip resources

at the same time, it has also formed a complete instrial chain layout of Internet of vehicles, including data cloud, content services, vehicle voice, mobile Internet, navigation software and map data. On the basis of consolidating the traditional front mounted navigation business, the company clearly proposes to realize the strategic vision of "intelligent car brain"

Junsheng Electronics (600699): under the trend of intellectualization, the company is based on the super merger and integration ability, with the help of KSS + takada to march into automobile safety and ADAS, relying on PRI + PCC to lay out the on-board information system, focusing on the integration of technology to provide comprehensive solutions for intelligent driving, which is expected to win the competitive highland in the intelligent era

Qianfang Technology (002373): the company is fully committed to the long-term construction in the field of intelligent transportation, and has significant advantages in V2R and V2I. In the field of driverless driving, the company's v2x technology has completed the research and development of RSU equipment for v2x equipment road test and OBU equipment for on-board equipment. At present, the company is one of the members of 5gaa China, and takes the lead in establishing Beijing intelligent vehicle networking instry innovation center

Asia Pacific Co., Ltd. (002284): the company is a listed company in China with the most comprehensive layout in the field of intelligent driving. It has layout in millimeter wave radar, camera and other sensors, chips, ESC actuators and other fields

extended materials:

R & D background

the network will use the existing big data, maps, artificial intelligence, network brain and a series of technologies to apply to the upcoming driverless car. Wang Jin also revealed that in the past, the network has been connecting people and information, while the network is connecting people and services

in order to increase the accuracy of the network map, the network also acquired a Finnish technology company to enhance its big data performance

in addition, the network brain is based on computer and artificial intelligence, simulating the thinking mode of human brain, with 20 billion parameters, which can be reconstructed by simulating the working principle of countless neurons of human brain: storage and "thinking". It can be said that the network has made enough preparations in the field of driverless