How does Babbitt buy coins

1. Author: Feng Chiyu
link: https://www.hu.com/question/22023800/answer/22741288
source: Zhihu
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the first conclusion: ripple is not a currency, but a payment network; XRP currency used in the network is a kind of currency. Compared with bitcoin, the former is a payment system, while the latter is money, which is not the same kind of things, so there is no substitutability

bitcoin has been fried rotten, and hushang's answer is close to saturation, so we don't need to repeat our work. Let's focus on ripple

what is ripple
ripple is an open payment network. Just like ripple, the word ripple emphasizes the flow and transmission of funds

in life, acquaintances borrow money from each other and may not write IOU. Sometimes, several friends borrow money from each other, generate multi angle debts, and may adjust the relationship of debts and creditor's rights according to the alienation of relatives. For example, a owes B 5 yuan, B owes C 5 yuan, and a and C are familiar with each other. Once three people discuss, they may directly ask a to repay C. In fact, not only between acquaintances, many small shops and small companies will allow acquaintances to write off on credit

that is to say, everyone is more willing to have debt relationship with the people they trust or are familiar with, and through the trust network between people, funds can flow smoothly

the above is the money network between people in the real world. If all this happens in the Internet world, it is the money flow system that ripple is trying to achieve

but in this network, the relationship between you and your trusted acquaintances is transformed into the relationship between you and your trusted gateway. As the name suggests, a gateway is a "gateway" between one network and another, that is, a network gateway. To go from one room to another, you have to go through a door. Similarly, to send information from one network to another, you have to go through a "gateway", which is the gateway. As the interface between network and network, network and the real world, gateway is like a bank counter, which converts your currency into a series of numbers in your account

what happens in ripple is just like the reality. When you change 100 RMB into FCY issued by gateway a through gateway a, you will have an extra amount of 100fcy in your ripple account. You can transfer the 100fcy to a stranger through gateway a, such as Xiao Ming, Xiaoming can exchange the money into real-world RMB through gateway a. In the whole process, the relationship between creditor's rights and debt changes as follows:
1. You deposit 100 RMB into gateway a, and gateway a owes you 100 RMB and gives you a 100fcy IOU
2. You pass the IOU of 100fcy to Xiaoming through gateway A. at this time, gateway a no longer owes you money, but owes Xiaoming RMB 100, because the IOU is in Xiaoming's hands
3. Xiao Ming takes the IOU to go to gateway a to cash RMB 100

in the whole process, you and Xiao Ming only establish a trust relationship with gateway a, but you and Xiao Ming do not need to establish a trust relationship

what is XRP coin
what is XRP coin at the beginning? Its main function is to pay transaction costs

XRP is a kind of cryptocurrency embedded in ripple system. Unlike bitcoin, ripple issued 100 billion XRP coins at the beginning of its establishment, and the total amount is no longer increasing, that is to say, it has g up the mine ahead of time. Each transaction (for example, you transfer 100fcy to Xiaoming) requires a small amount of XRP currency, which is technically destroyed directly. At the same time, XRP coins are also used as margin. When you open a ripple account, you need to put 50 XRP coins in it as a guarantee

according to opencoin, the issuing and maintenance company of ripple, the first 100 billion XRP coins will be given to investors and founders, 50 billion will be distributed free of charge (that is, opening accounts for free for a period of time), and the other 30 billion will be held by opencoin, which will be sold from time to time to make profits. Opencoin also admits that holding and selling XRP coins is the only way to make a profit<

ripple's influence
at the beginning of ripple's birth, rumors abound. Many people claim that ripple is more in line with the operation mode of money flow in reality, and will replace bitcoin in the future

but in fact, it is too early to judge whether ripple system can succeed. As soon as ripple started to operate, many problems have been exposed, including that its security is not as good as the official propaganda

at the beginning, ripple itself is just a new currency circulation system or payment network, and the essence of XRP currency is the lubricant to assist the currency circulation in the system. If this system is successful one day, it will only have a positive impact on the circulation of bitcoin. To say that "Ripple can replace bitcoin" is actually equivalent to saying that "Alipay can replace the renminbi" is wrong: the former is the payment system, the latter is the currency, not the same thing, so there is no replaceability. The emergence of Alipay has facilitated the payment and flow of RMB. Similarly, if the Ripple system is successful, its role is only to facilitate the payment and circulation of legal tender and bitcoin.

editor on February 22, 2014
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the operation of not chasing new fans is not a good code farmer
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@ Feng Chiyu
only mentioned the scene of ripple when users and users pay, but ripple is far more than that. I add two points: trading system and automatic path search

through a gateway, you can deposit RMB, US dollars or virtual currencies, such as bitcoin and Leyte currency, into ripple wallet. And in this system, you can achieve any currency to buy or sell a single transaction. Trading here is better than trading platform. The transaction information of traditional trading platform is not open and opaque. In ripple, every order, cancellation and transaction record can be fully inquired. Through websocket interface, developers can also implement automatic trading program, and basically get real-time data in addition to network delay Network delay depends on the situation, the delay of using US server may be less than 0.1 second!) However, most of the traditional trading platforms have a certain cache time for the API interface. A few seconds of cache time may be fatal to the automatic trading program
with this trading market, ripple can realize a very advanced means of payment - automatic path search
to give a practical example, if I was a Chinese programmer working for a company in the United States, I might get us dollars through Western Union remittance or other ways before, and then I would go to the bank to exchange them for RMB. In the middle of this, the handling cost is relatively high. With ripple, I can do this now:
I trust a RMB gateway, such as ripplecn or ripplechina gateway, which is one of the best RMB gateways in China. Then American companies deposit bitcoin or US dollars through bitsmap gateway and send them to ripple. The service charge is only about 0.000012xrp, It is equivalent to about RMB 0.00000108. Then I will directly receive the CNY quota in the ripple system and withdraw it at the RMB gateway. The service charge for withdrawal is 3% for ripple CN gateway and 6% for ripple China gateway. It only takes a few seconds to complete the automatic exchange payment in ripple system
the full-automatic exchange in the payment step is the automatic path search of ripple, which is the essence of ripple system. Path automatic search relies on the above-mentioned hanging single transaction system. If the above American company deposits bitcoin, the system will complete the following calculation in a few seconds: query the amount of XRP after BTC / XRP exchange, and then the amount of CNY after XRP / CNY exchange. If there is a more appropriate path, such as BTC / USD - & gt; USD/XRP-> XRP / CNY, or BTC / USD - & gt; USD / CNY, the system will also automatically calculate and find the cheapest path for the sender to complete the exchange payment
once, I used ripplecn gateway CNY, and my friend only trusted ripplechina. He wanted me to give him 10 yuan, so I entered the sending interface to input 10 yuan, but the system showed that I only needed to send 9.9998 yuan. Because there is a price difference between the two gateways in the CNY / XRP trading market, the system automatically realizes the path search and provides me with the cheapest payment path
there will be many applications on ripple in the future, and ripple's second payment experience is excellent. If you have a ripple wallet, try clicking send in the wallet and the recipient enters it [email protected] perhaps [email protected] There will be a call fee and Q coin recharge interface, which is an application I made for ripple. You can use XRP, U.S. dollar, RMB, bitcoin and other currencies to purchase q-coin, and exchange it into RMB in seconds to complete the recharge request automatically
ripple is likely to go against the weather in the future. As for bitcoin? His role in the virtual currency instry is similar to that of legal currency, which is totally different from ripple's payment system<
editor on February 27, 2014
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ripple basic concept and principle, others have answered, simply speaking, it is a payment network, anyone can become a node of this network to issue currency and then circulate throughout the network. There are some innovations
but in the long run, it must grow faster than bitcoin, otherwise it is likely to lose in the competition, because at present, most of its functions can be realized in bitcoin network
from a technical point of view, because bitcoin has "dyeing" technology, anyone can issue currency, stocks, funds and so on by becoming a node on the bitcoin network. Assuming that the bitcoin is fully legalized, Alipay will turn 1 bitcoin "dyed" into the one and only special bitcoin that is unique and unforgery in the bitcoin network. Then it will promise the public that the stained coin can be exchanged for Alipay by 1 yuan. So the public can use Renminbi to exchange Alipay's "bit yuan" for consumption and payment. So these special bitcoins have what experts call "guarantee" or "anchor". As long as Alipay is credible, these "bit yuan" will always be valuable and can be used safely. At the same time, as bitcoin transactions are open throughout the network, everyone can see how much Alipay has issued "bit yuan", whether it has spammed money and oversold its own assets to guarantee the currency. So the only advantage of ripple in technology is that it can transfer money quickly. It doesn't need bitcoin to wait for dozens of minutes. But in the long run, bitcoin can speed up the transfer speed to a few minutes in the future through technical upgrading

2.

Babbitt is an app focusing on blockchain information, not a brand. He is committed to providing users with content information reading and data services. It mainly includes market, information, express and community services

Liu Zhipeng, founder and CEO of Babbitt, is also a researcher of blockchain theory and proposer of the idea of "Impossible Triangle" of blockchain. Changjia is the early preacher of bitcoin, and also the founder of the famous blockchain media Babbitt and the famous public chain Biyuan

Babbitt is a new application mode of blockchain distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other computer technologies. As a decentralized database and the underlying technology of bitcoin, blockchain uses cryptographic methods to generate data blocks. Each data block contains information of a batch of bitcoin network transactions, which is used to verify the effectiveness of its information (anti-counterfeiting) and generate the next block

extended data:

Babbitt was founded in 2011. As one of the earliest blockchain companies in China, with the purpose of popularizing blockchain technology and disseminating blockchain concept, Babbitt, chainnode, matpool and other proct lines have been formed, and developed into a collection of information, community, data, information, information, information, information, etc Business incubation and blockchain technology landing in one of the blockchain comprehensive service platform. In 2019, Babbitt was selected into the "Hangzhou Unicorn & amp; List of quasi Unicorn enterprises

Babbitt runs on different forms of heterogeneous digital assets and atomic assets (including warrants, equity, dividends, bonds, intelligence information, forecast information, etc.) on the original blockchain, which can be registered, exchanged, bet, and more complex interaction and cooperation based on the contract

Babbitt's mission is to connect the bit world and the atomic world, and build a decentralized network for the registration and circulation of diversified assets. The goal of Biyuan chain is to become the world's largest dedicated public chain platform and explore the combination of different types of assets and blockchain

3. Recently, a large number of black scenes have broken out in the currency speculation circle, and the phenomenon of virtual currency continues. According to the information from the office of the national Internet financial risk special rectification group, the necessary control measures will be taken for the website of the virtual currency trading platform, so as to make contributions to the market environment in strict accordance with the policy!

4.

When you heard that many people who bought bitcoin got rich overnight, Japan also legislated to accept bitcoin, and then the major businesses supported bitcoin payment... You also have grass in your heart. Although I don't know what this coin is, it seems to make a lot of money. Do you want to buy it for two yuan

With a wave of his hand, Mr. Nakamoto, you guys need not worry. In order to make money... Oh no, in order to save the economic crisis, I have already considered this small matter carefully. In order to ensure the authenticity and quantity of each coin, each of us has a small notebook. On this magical notebook, you can see the birth of each coin, and everyone is a witness. At the same time, for the sake of safety, our notebook also has a very cool function, which is to have an invisible lock. You can only see it, but you can't change it. This kind of bitcoin has authenticity and authority

at the same time, you can rest assured that bitcoin will not be used in vain. I have found many "bricks" of mainstream economics, analyzed bitcoin and predicted that it will become the mainstream currency in the future. Now you can dig (Jian) currency without spending a cent, and you can wait for the currency to appreciate. Isn't it super good

this boasting, we listen to the bious, some people go to dig (Jian) money, some keep watching. At this time, Nakamoto took action. In 2014, he secretly united with American e-commerce giants such as eBay, airbnb and Uber, which began to accept bitcoin payment. Since then, the bitcoin market has really begun. Many people know that there is money coming in vain, and they also begin to join the ranks of coin digging. However, the number of people is still small, and there are not many coins g up

until 2017, when the blackmail virus incident occurred and the whole world suffered from large-scale network virus attacks, the poisoning unit had only two choices, either waiting for the computer to GG and the data disappeared, or paying about RMB 2069 bitcoin to unlock

this made bitcoin instantly become global famous. At the same time, all units had no choice but to buy coins. At this time, the brothers who had been digging for (Jian) coins for five or six years had a collective climax. There were so many coins. You want to buy them, right. In this way, the value of pure virtual bitcoin without real value soared to $2151 / piece

since then, as you have heard, XXX has accumulated more than n bitcoins, which have soared ten thousand times and become rich overnight

up to now, the creator of bitcoin, Nakamoto Tsung, has become a fan of identity, but bitcoin is still not accepted by most countries, including China. At present, bitcoin's high trading volume is also an illusion. Most of them are bad speculators. Through high-frequency trading, they create an illusion to attract investors' attention. This practice is equivalent to Taobao's swiping orders

for you who want to invest, you still need to clarify some things

1. Bitcoin is not restricted by law, and of course it is not protected. Once your trading platform is attacked by hackers, your currency will be lost, there will be no place to find it, and there will be no place to reason Many people go to the rooftop)

2. The fluctuation is very great. You only see a ten thousand fold increase, but not a half drop overnight

3, bitcoin has no issuer. In today's financial world, the currency of no issuer is worthless, and the bubble economy may collapse at any time. p>

the last word of advice: don't touch bitcoin as a rookie, or the old bird will speculate and run when they earn money, otherwise they will be sad

5. Hello! MGK project has only one app, without any white paper, team introction and background introction related to blockchain. Moreover, the app interface is stuck and unsmooth, and there is no technology at all. The content is just related to "pulling the head". It adopts the offline development mode to attract investors, and claims that it only goes up but not down, and goes up unilaterally. It is obviously a pyramid scheme.

6. Copper ore
is used for casting and processing. Ore grade: 1, distributed in Wuliangshan, Jiange, Dunhuang, Jinghu, Songshan, Taihu and Xihu. mining skills required: 1

iron ore
iron ore, used for casting and process. Ore grade: 2, distributed in West Lake and Erhai Lake. Mining skills required: 2

silver ore
silver ore, used for casting and technology. Ore grade: 3, distributed in Erhai and Yannan. Mining skills required: 3

cold iron ore
cold iron ore, used for casting and technology. Ore grade: 4, distributed in Yannan and Longquan. Mining skills required: 4

gold ore
gold ore, used for casting and technology. Ore grade: 5, distributed in Longquan and Cangshan. Mining skills required: 5

black iron ore
black iron ore, used for casting and technology. Ore grade: 6, distributed in Cangshan and Yanbei. Mining skills required: 6

crystal ore
crystal ore for casting and process. Ore grade: 7, distributed in Yanbei and Wuyi. Mining skills required: 7

jadeite ore
jadeite ore, used for casting and technology. Ore grade: 8, distributed in Wuyi and Shilin. Mining skills required: 8

Zhenwu ore
Zhenwu ore, used for casting and technology. Ore grade: 9, distributed in stone forest and grassland. Mining skills required: 9

Longxue ore
Longxue ore is used for casting and processing. Ore grade: 10, distributed in grassland and Meiling. Mining skills required: 10.

7. It's fake. Don't believe it. This is a Ponzi scheme on the Internet

9. This is mainly focused on the chassis

crawler type: advantages: e to the large grounding area, it is better in mud, wetland and other places where it is easy to sink in. Because of the heavy weight of the excavator itself, the excavator can go to a wide range of places. In addition, because the crawler is metal procts, it can also be competent in mines or places with bad working conditions, and has strong cross-country ability< Disadvantages: relatively speaking, the investment is larger and more expensive than the wheel type. In addition, the mobility is not good. The maximum design speed is only 5-7km / h, and the long-distance movement depends on the cart

wheel type: advantages: small investment, fast operation speed, and the general speed can reach 40-50km / h
disadvantages: the use range is narrow, mainly road administration or urban engineering, and can not enter mines or muddy areas, The climbing ability is poor

so now most excavators are crawler type

10. The excavator of Kobe Steel is made in Japan:

in October 1999, from Kobe Steel, one of the world's top 500 enterprises, to become a subsidiary of Kobe Steel Institute of Japan, specialized in manufacturing and selling excavators, cranes and other construction machinery. In August 2003, Cheng Shengang construction machinery (Group) Co., Ltd. was established in Cheng, China. Its subsidiaries include Cheng Shengang Construction Machinery Co., Ltd. (procing hydraulic excavators) and Cheng Chenggong Construction Machinery Co., Ltd. (procing wheel loaders and other equipment). Cheng Shengang construction machinery (Group) Co., Ltd. mainly sells Kobelco brand hydraulic excavator, Chenggong brand wheel loader and other construction machinery<

development history:
in 1905, Kobe Steel Company was founded
in 1930, the first construction machinery in Japan was proced: 50K electric mining single bucket excavator< The first hydraulic wheel excavator ty45 was proced in 1963< In 1968, the first 10A small hydraulic excavator was proced in Japan< In 1986, Shengang Construction Machinery Co., Ltd. was established< In 1994, ckcm was established in China
in 1999, the Construction Machinery Department of SG was reorganized into an independent company with the name of SG construction machinery<

common faults of the excavator of Shengang
1: most of the damages are caused by the accelerator motor. The way to judge the faults is to open the key and watch the motor movement. If you can walk to a certain extent, it means that the computer board is basically normal, The fault may be caused by the travel limit switch and the circuit (24 V voltage). If the key lever is opened, the fault location of shaking may be the circuit problem of two groups of coils of the motor, or the mole is damaged
2: when the alarm reverses, the engine will shut down automatically, and most of the faults are caused by the damage of the oil pressure sensor<
3: the whole car is powerless and the action of holding the car is slow. Basically, the hydraulic pump pressure sensor is damaged (alarm C1C2).
4: the key and display screen are easy to be damaged.
5: Cheng Shengang, the pressure sensor is easy to be damaged, and the sensor can be replaced according to the alarm. Cheng Shengang often has CPU alarm, In case of CPU ROM alarm, make a adjustment. In case of other CPU alarms, repair the computer board[