Trading, mining and dividends

1.

"Transaction is mining" is a typical platform operation mode. Users mine through transactions. Some platforms will issue their own tokens as rewards for users' trading behavior

Relevant introction:

in June 2018, the cryptocurrency exchange fcoin put forward the concept of "trading is mining", and in a short period of time, the daily trading volume rose to the first in the world, triggering a war between exchanges

"transaction is mining" is actually a return mechanism of personal transaction fees based on platform currency. Strictly speaking, there were similar playing methods before the establishment of fcoin. For example, bibox had a mechanism to return a certain proportion of fee income to platform currency holders

extended data

fcoin's "transaction is mining" is repackaged. Following the allocation rules of bitcoin mining, 51% of platform currency ft is taken as the mining reward pool. Through "mining (trading on fcoin)", FT is graally unlocked. Once 51% of FT is fully fed back, "mining" is automatically terminated

in terms of specific implementation, fcoin trading means mining starts at 0 o'clock every day (GMT + 8), and the transaction fees generated by users will be converted into ft for accumulation every hour. The conversion price is calculated according to the average price of FT in that hour (the average price is calculated as total transaction amount / total trading volume)

2. I haven't taken any risks!!! But I don't know much about it. In the point-to-point decentralized payment system, there must be service charges to be paid to "miners". Are the transaction service charges collected by major trading platforms? In the ideal class this Cong type payment system does not appear successfully, the so-called this coin that coin all degenerates into the swindler swindles the money commodity!!!

3. BIGone trading platform, big one day is equal to FT three days, the highest platform at present.

4. Everyone is familiar with the mining mode, and the key is technology. All the existing mining transactions need to buy my system three days before the opening. The technical threshold is too high. Basically, there are only two systems on the market that can smoothly mine, one is fire coin, one is OK, and we are the third.

5. According to ZBG's announcement, the platform will purchase the equivalent ZT from the market with all the transaction fees, which are divided into four parts: 30%, 50%, 10% and 10%, and distributed to users according to the specified proportion. Transaction fee return mechanism: POW + POS + reward mechanism. ZBG community adopts the mode of "POS + POW mixed transaction mining" to give back to community investors with ZT, and at the same time rewards the traders and ZT holders of the website.