The same sound as bitcoin
according to the notice and announcement issued by the people's Bank of China and other departments, virtual currency is not issued by the monetary authority, does not have legal compensation and mandatory monetary attributes, is not a real currency, does not have the same legal status as currency, cannot and should not be used as currency in the market, and citizens' investment and transaction of virtual currency are not protected by law
response time: December 10, 2020. Please refer to the official website of Ping An Bank for the latest business changes
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1. Litcoin (LTC) is an improved version of digital currency inspired by bitcoin (BTC). It was designed and implemented by a programmer who worked in Google. It was released on November 9, 2011. Lightcoin and bitcoin have the same implementation principle in technology, but the creation and transfer of lightcoin is based on an open source encryption protocol, which is not managed by any central organization
2. Sunshine coin (SSC for short) is sponsored by Liu Chunyang, vice president of Jinhua express delivery Association of Zhejiang Province, instrial entrepreneur and philanthropist of express delivery instry. As a legal person, Zhejiang Dongyang Yueyin Technology Co., Ltd. is registered with the formal instry and Commerce Bureau, with a registered capital of 10 million yuan. With this as the backing and support, the sunshine elite team affiliated to the company launched the first virtual coin sunshine coin
The English name of Vicat is onecoin, which is a kind of Internet virtual currency term created by the government and is suspected of pyramid selling fraudin 2017, CCTV announced the list of 350 fund pyramid schemes, with Vicat in the list
in May 2018, Zhuzhou County Procuratorate of Hunan Province prosecuted the last four suspects involved in the third batch of the "3.15" Vicat money online pyramid scheme case supervised by the Ministry of public security to the court
4. Amazon coin
Amazon announced in early February 2013 that it is expected to launch Amazon coins in the United States in May 2013. Amazon coins is a new virtual currency that allows U.S. users to buy apps, games and props in the kindle fire. Amazon will provide tens of millions of US dollars of Amazon coins at that time to let users try and consume the apps, games and props in the app on the kindle fire for free
5. Eth is a kind of digital token of Ethereum, which is regarded as "bitcoin version 2.0". It adopts the blockchain technology "Ethereum", which is different from bitcoin. It is an open-source public blockchain platform with intelligent contract results, and a resonance network composed of thousands of computers around the world. Developers need to pay eth to support the application. Like other digital currencies, ether currency can be bought and sold on the trading platform
pow (proof of workload): the pow mechanism relies on machine computing power to perform mathematical operations to obtain digital currency. Whoever has high computing power can proce more digital currency. To get rich through labor, more workers will get more (BTC is the mechanism of pow mining)< But there are fatal shortcomings:
1. The cost of mining machinery and equipment is expensive (ranging from tens of thousands to hundreds of thousands), and the depreciation rate of equipment is high
2. The equipment costs a lot of electricity (high cost)
3, not really centralization (if you are rich enough, you buy lots of mines, your computing power is large, when the amount of computation is greater than 50%, the whole network has the final say that it will cause autocracy).
you have never heard of radar currency, at least not in the top ten market value of cryptocurrency. So it is absolutely not qualified to be compared with bitcoin. It is likely to be a kind of counterfeit currency. Try not to touch it. There are too many holes in the counterfeit currency, so it is impossible to prevent fraud
if you invest, only the top ten currencies are considered, so the probability of being trapped is very small.
2. The consensus mechanism is different. Bitcoin uses the pow consensus mechanism
3. Different projects.
