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Will blockchain currency be banned
Publish: 2021-04-29 18:52:17
1.
As of May 2020, blockchain and digital currency are illegal in China
according to the announcement of the people's Bank of China Central Network Information Office, Ministry of instry and information technology, State Administration for Instry and commerce, China Banking Regulatory Commission, China Securities Regulatory Commission and China Insurance Regulatory Commission on preventing the risks of token issuance and financing, Article 2 no organization or indivial shall illegally engage in token issuance and financing activities. Organizations and indivials that have completed the token issuance and financing should make arrangements such as refund, reasonably protect the rights and interests of investors, and properly handle risks. Relevant departments will seriously investigate and deal with the activities of token issuance and financing that refuse to stop and the illegal behaviors in completed token issuance and financing projects
Article 3 strengthen the management of token financing trading platform
from the date of this announcement, any so-called token financing trading platform shall not engage in the exchange business between legal currency and token and "virtual currency", and shall not buy or sell token or "virtual currency" as a central counter party, and shall not provide pricing for token or "virtual currency" Information intermediary and other services
extension data
"illegal financial institutions and illegal financial business activities ban" stipulates that:
eleventh, the criminal suspect, funds and property involved in illegal financial institutions and illegal financial activities, and the public security organs shall take compulsory measures according to law to prevent suspect from escaping and transferring funds and property. p>
Article 12 the people's Bank of China shall, after investigation and confirmation, make a decision to ban the illegal financial institutions and financial business activities, declare them illegal, order them to stop all business activities, and make an announcement
Article 13 if the people's Bank of China discovers that a financial institution opens an account, handles settlement and provides loans for an illegal financial institution or illegal financial business activities, it shall order the financial institution to stop the relevant business activities immediately. No unit or indivial may use the relevant funds without authorization2. Virtual currency is a kind of blockchain technology. Some countries are legal, such as Japan, Russia, South Korea, etc. 66otc is currently the most fluent, reliable and best used OTC platform
3. The issue of bitcoin is determined by the block height, that is, the distance from the No. 0 block of Genesis. Now when the number is reached, the total amount of bitcoin should be limited. After this village, there will be no store. If the miners dig a block but don't receive the reward of the block, the bitcoin will be destroyed forever
coinbase transaction is a special transaction that generates bitcoin "out of thin air". Only miners can write this kind of transaction, and the number of generated bitcoin is limited by rules (new currency reced by half for every 210000 blocks + transaction fee for this block)
however, the rules do not stipulate that the miner must take away all the rewards that can be taken, and can choose not to take them
therefore, a mine pool connected with the RSK side chain has made a bug before, forgetting to take away the reward and occupying a pit in a block for nothing, which is equivalent to destroying the corresponding amount of bitcoin, making the total amount of bitcoin decrease a little bit permanently
in addition, to spend a bitcoin, you only need to specify the transaction ID and output serial number
as like as two peas in multiple blocks repeatedly write identical coinbase transactions, the transaction ID is also repeated.
therefore, this kind of situation also occupies the pit of a block in vain, and permanently destroys the corresponding amount of bitcoin
it seems to me that this is still a security vulnerability, so the new version of bitcoin software later banned the writing of repeated coinbase transactions. But until now, there has been no ban on miners not getting their e rewards
generally speaking, a coin is controlled by a private key. If a coin is transferred to an address where no one knows the private key, it will be destroyed
if the owner does a good job in security, and the private key is not disclosed and cannot be guessed, but he accidentally loses the private key, it is equivalent to destroying all the coins he owns
there are only some special circumstances that require intentional destruction of coins
one is irreversibly converted into another kind of currency, such as the contract currency XCP attached to bitcoin and wormhole cash WHC attached to BCH
the second is to save certificates and data on the chain, such as the time stamp: panbiao.com/2013/08 /
and the crowd funding of the original Ethereum founding team: zhuanlan.hu.com/p/29
the private key is essentially a big number. Whoever knows this number can control the currency on the corresponding address. So the private key must be generated with reliable random number, otherwise it may be guessed and stolen
compared with the token, the address is the hash of the public key. There is no way to judge whether an address has a corresponding public key and private key (even if the public key is known, the corresponding private key cannot be known). Therefore, even if it is explicitly the address of "burned" token, the system does not prohibit the transfer in
strictly speaking, what locks the currency is a small program (script). This program takes the input as the public key and digital signature. First, check whether the public key hash is consistent, and then check whether the digital signature is valid. If it is valid, it will be verified and transfer is allowed; Otherwise, it will be judged that the transaction is illegal and refuse to package into the chain
it is the whole node software that explains and executes this program. It can be said that the software code of the whole node specifically defines a coin
however, the current situation is very embarrassing. Most miners do not run the whole node, only a few mines are running. The vast majority of users do not run the whole node, even if they run the whole node, they can only perform verification, no computing power, no block
coinbase transaction is a special transaction that generates bitcoin "out of thin air". Only miners can write this kind of transaction, and the number of generated bitcoin is limited by rules (new currency reced by half for every 210000 blocks + transaction fee for this block)
however, the rules do not stipulate that the miner must take away all the rewards that can be taken, and can choose not to take them
therefore, a mine pool connected with the RSK side chain has made a bug before, forgetting to take away the reward and occupying a pit in a block for nothing, which is equivalent to destroying the corresponding amount of bitcoin, making the total amount of bitcoin decrease a little bit permanently
in addition, to spend a bitcoin, you only need to specify the transaction ID and output serial number
as like as two peas in multiple blocks repeatedly write identical coinbase transactions, the transaction ID is also repeated.
therefore, this kind of situation also occupies the pit of a block in vain, and permanently destroys the corresponding amount of bitcoin
it seems to me that this is still a security vulnerability, so the new version of bitcoin software later banned the writing of repeated coinbase transactions. But until now, there has been no ban on miners not getting their e rewards
generally speaking, a coin is controlled by a private key. If a coin is transferred to an address where no one knows the private key, it will be destroyed
if the owner does a good job in security, and the private key is not disclosed and cannot be guessed, but he accidentally loses the private key, it is equivalent to destroying all the coins he owns
there are only some special circumstances that require intentional destruction of coins
one is irreversibly converted into another kind of currency, such as the contract currency XCP attached to bitcoin and wormhole cash WHC attached to BCH
the second is to save certificates and data on the chain, such as the time stamp: panbiao.com/2013/08 /
and the crowd funding of the original Ethereum founding team: zhuanlan.hu.com/p/29
the private key is essentially a big number. Whoever knows this number can control the currency on the corresponding address. So the private key must be generated with reliable random number, otherwise it may be guessed and stolen
compared with the token, the address is the hash of the public key. There is no way to judge whether an address has a corresponding public key and private key (even if the public key is known, the corresponding private key cannot be known). Therefore, even if it is explicitly the address of "burned" token, the system does not prohibit the transfer in
strictly speaking, what locks the currency is a small program (script). This program takes the input as the public key and digital signature. First, check whether the public key hash is consistent, and then check whether the digital signature is valid. If it is valid, it will be verified and transfer is allowed; Otherwise, it will be judged that the transaction is illegal and refuse to package into the chain
it is the whole node software that explains and executes this program. It can be said that the software code of the whole node specifically defines a coin
however, the current situation is very embarrassing. Most miners do not run the whole node, only a few mines are running. The vast majority of users do not run the whole node, even if they run the whole node, they can only perform verification, no computing power, no block
4. The era of blockchain 1.0 is the era of digital currency, and the technical basis is as follows:
1. Lianzhuang data block structure based on blocks
2. Network wide shared ledger
3. Asymmetric encryption
4. Source code open source
with the popularity of digital currency, many people also have a strong interest and start to speculate in currency, and a series of scams appear at the same time, Therefore, virtual currency is under strict supervision in China, but with the application and deepening of blockchain technology, the era of blockchain 3.0 has come. Behind the operation of all walks of life, we can see the mode of blockchain cooperation. Therefore, blockchain will change the way of human life widely and profoundly, so the whole life service will enter the era of blockchain. In the process of Internet development, blockchain + physical instry, blockchain e-commerce and blockchain community operation can be applied to blockchain technology.
1. Lianzhuang data block structure based on blocks
2. Network wide shared ledger
3. Asymmetric encryption
4. Source code open source
with the popularity of digital currency, many people also have a strong interest and start to speculate in currency, and a series of scams appear at the same time, Therefore, virtual currency is under strict supervision in China, but with the application and deepening of blockchain technology, the era of blockchain 3.0 has come. Behind the operation of all walks of life, we can see the mode of blockchain cooperation. Therefore, blockchain will change the way of human life widely and profoundly, so the whole life service will enter the era of blockchain. In the process of Internet development, blockchain + physical instry, blockchain e-commerce and blockchain community operation can be applied to blockchain technology.
5. Regular blockchain enterprises are not money, and blockchain traces the source to crack down on fake and inferior information
in the past two years, the word blockchain is very popular, and blockchain e-commerce will undoubtedly be the biggest wind outlet in the next decade. However, the instry is in chaos. Many people think that blockchain is money and have many misunderstandings about blockchain. So before we talk about blockchain, we should first talk about the idea of blockchain
blockchain is now understood by most people as "currency". There are too many coin cards in the coin circle, bitcoin and bitcoin. In fact, blockchain has nothing to do with currency. It is a technology, a business ecology and an idea. It is mainly applied in every field. It is extremely similar to the Internet. Talking about blockchain now is like the Internet 20 years ago. What did we talk about the Internet 20 years ago? When talking about its technical architecture, operating system, language, server and so on, it was said at that time that Internet e-commerce was deceptive, because many people had not been exposed to this aspect. In fact, many people have misunderstood blockchain, especially after being confused by the currency circle
When did jiuzero blockchain start? Jiuling started to investigate and prepare from 2016, and has about half a year to investigate all aspects of the blockchain. In 2017, it began to enter the field of blockchain. By 2020, it will be the fifth year. It has gained a lot of experience and achieved a lot in application. We've never played with coins, never engaged in ICO. In the first few years, we didn't make a lot of noise, that is, we should do a good job in technology, platform and browser, and apply them in traceability. We have done a good job in the application of traceability since 2017, and many procts have been launched; In 2018, more than 10000 procts will be applied in traceability. In 2019, it will be further promoted. This year, it will be further developed, and all procts will be opened up in the whole process of visualization. So at the beginning, we used it in the field of traceability. Since 2018, we have used it in the whole blockchain ecology, including blockchain traceability, blockchain invoice, sharing economy, supply chain finance, general points and other applications, as well as the platform technology services we built. We have entered this field in an all-round way, And relatively speaking, it is relatively mature and completely implemented
What's more, why is blockchain on fire now? Why does the development of blockchain reach the height of "thinking"? This is in line with the trend of the times
let's review the history of China's economic development in recent decades. The wealth of Chiang Kai Shek's time was concentrated on the local tyrants, evil gentry and warlords. Mao Zedong liberated most of the common people as peasants, and United most of them was more suitable for the situation of China at that time. Therefore, he defeated Chiang Kai Shek, overthrew the bureaucracy of the local tyrants, evil gentry and warlords, redistributed their wealth, developed the proctive forces again, and completely redistributed their revolution and distribution, Mao Zedong really realized serving the people and let the people live a good life. In the era of large collectives, people go to work in the countryside to earn points. According to the points you earn, how much food can you get. In Deng Xiaoping's time, I felt that this was not right. It might be that the efficiency was not high, and I ate a big pot of rice. Later, I started the reform and opening up. After the reform and opening up, the fields were divided into households according to the number of people. After that, the output increased a lot, which stimulated everyone's enthusiasm, increased the output and improved the efficiency. After the reform and opening up, commercial instrial enterprises began to develop
we can see that economic development is based on the needs of the times. China's reform and opening up has gone for decades, from the traditional economic era to the E-commerce Internet economy, and now the blockchain has come out, also because of the new problems of wealth distribution in the Internet era
in the Internet era, social wealth is highly concentrated on several platforms, such as Alibaba, Tencent, Internet, Jingdong, etc. the Internet e-commerce leaders have too strong a say in finance, resources, procts and other aspects. Social development has completely lost its balance. The uneven distribution of wealth has made the rich richer and the poor poorer. The instrial enterprises without money, including the whole of China, are now difficult to survive except for the monopolized central enterprises. At this time, there needs to be another revolution in business. The proctive forces must be redistributed and readjusted. It happens that blockchain is born to meet the needs of the era of transportation
the rules and mechanisms of blockchain are completely open and fair, can not be tampered with, and can not be decentralized. The oligarchs of institutions are removed to form a sharing economy for common development. Why does the government support blockchain so much? Because the government can fully enter the field of blockchain for supervision, and the privacy of citizens can be protected. Personal information in the Internet is not protected, and personal information in the blockchain is in their own hands. In the era of Internet e-commerce, oligarchs monopolize information resources. There are too many fake and shoddy procts and too many false information, so we have no way to distinguish them
at this time, the rule mechanism of decentralized supervision of blockchain emerges as the times require. Blockchain is not only a technology (it has made some improvement and promotion in the original Internet technology), but more importantly, it can solve the problems that cannot be solved by the Internet, traditional e-commerce and traditional ecology, such as traceability. Traceability in the Internet age can be falsified. A traceability source can be pasted anywhere, but the traceability of blockchain is different. The technology of blockchain is real. Everyone can participate together. Through distributed storage, everyone can get the data, and then all things can be traced, including procts and invoices, Including a person to send a message can be traced, stored, fidelity
the traceability of blockchain starts with raw materials, then proction and processing, then warehousing, sales, etc. every link should be visualized, with pictures, videos and words, which will leave traces of every link. Only in this way can we make everyone trust completely and be fair, open and transparent when there are too many fake and shoddy procts and lack of trust. In short, blockchain is to solve the problem that the Internet can not solve
when it comes to blockchain, bitcoin is the first thing that many people think of. In fact, bitcoin's contribution to the world is to put forward a rule and mechanism. Bitcoin itself has no value. It has no proct and no support. But its technology and concept are very good, because this technology can't be fake. The source code of this technology is open source and can be shared. Its technology uses the idea of blockchain
as soon as the rules and mechanisms of blockchain come out, they are sought after by everyone. However, in recent years, they have been confused by money. That kind of money is deceptive and runs counter to blockchain. On the contrary, it makes people distrust blockchain because they don't know enough about blockchain and think blockchain is money. Because if you want to understand a field, just like jiuzero blockchain has entered its fifth year, you are engaged in blockchain ecology, blockchain traceability, blockchain digital integration, blockchain technology development, blockchain browser development and so on every day. In this field, you are still learning constantly, because it is not easy to learn a field thoroughly. The reason why we have been very motivated in the past few years is because we know that it is a big trend and coming. Just like the Internet 20 years ago, many people don't believe, understand and turn a deaf ear to it. But ten years ago, Tencent, Alibaba, Huawei and other big enterprises got up. At the same time, now this opportunity is in front of us. Can we seize it? This is a question worth thinking about
finally, let's make it clear that blockchain has nothing to do with currency
for regular blockchain enterprises, the government has requirements and certification standards
standards: three basic requirements (patent, soft work, registered company in national blockchain Park, paid in registered capital, dedicated blockchain R & D funds), four landing application standards (blockchain browser, website, blockchain application scenarios, blockchain procts), five kinds of blockchain professionals (blockchain finance professionals, Blockchain digital professionals, blockchain credit management professionals, blockchain software development professionals, blockchain encryption technology professionals, and employees with bachelor degree or above who have been employed for more than one year) can get six basic subsidies
in the blockchain instry, there are at least tens of thousands of companies doing money and ICU. They all say that they are regular, but can they take out these certificates. The document points out that as long as the company has digital currency or ICO, it is not a blockchain company
under the background of this era, the ideas, rules and mechanisms, decentralized supervision and privacy distribution of blockchain can protect everyone's interests, redistribute proctivity assets, prevent the interests from being too concentrated on certain oligarchs and institutions, let everyone participate together, and let everyone exert their energy together to fight against counterfeiting, tax evasion, tax evasion, tax evasion, etc The real purpose of blockchain is to crack down on false transactions and create a conscientious ecosystem that can protect the interests of the people and provide hematopoietic function.
in the past two years, the word blockchain is very popular, and blockchain e-commerce will undoubtedly be the biggest wind outlet in the next decade. However, the instry is in chaos. Many people think that blockchain is money and have many misunderstandings about blockchain. So before we talk about blockchain, we should first talk about the idea of blockchain
blockchain is now understood by most people as "currency". There are too many coin cards in the coin circle, bitcoin and bitcoin. In fact, blockchain has nothing to do with currency. It is a technology, a business ecology and an idea. It is mainly applied in every field. It is extremely similar to the Internet. Talking about blockchain now is like the Internet 20 years ago. What did we talk about the Internet 20 years ago? When talking about its technical architecture, operating system, language, server and so on, it was said at that time that Internet e-commerce was deceptive, because many people had not been exposed to this aspect. In fact, many people have misunderstood blockchain, especially after being confused by the currency circle
When did jiuzero blockchain start? Jiuling started to investigate and prepare from 2016, and has about half a year to investigate all aspects of the blockchain. In 2017, it began to enter the field of blockchain. By 2020, it will be the fifth year. It has gained a lot of experience and achieved a lot in application. We've never played with coins, never engaged in ICO. In the first few years, we didn't make a lot of noise, that is, we should do a good job in technology, platform and browser, and apply them in traceability. We have done a good job in the application of traceability since 2017, and many procts have been launched; In 2018, more than 10000 procts will be applied in traceability. In 2019, it will be further promoted. This year, it will be further developed, and all procts will be opened up in the whole process of visualization. So at the beginning, we used it in the field of traceability. Since 2018, we have used it in the whole blockchain ecology, including blockchain traceability, blockchain invoice, sharing economy, supply chain finance, general points and other applications, as well as the platform technology services we built. We have entered this field in an all-round way, And relatively speaking, it is relatively mature and completely implemented
What's more, why is blockchain on fire now? Why does the development of blockchain reach the height of "thinking"? This is in line with the trend of the times
let's review the history of China's economic development in recent decades. The wealth of Chiang Kai Shek's time was concentrated on the local tyrants, evil gentry and warlords. Mao Zedong liberated most of the common people as peasants, and United most of them was more suitable for the situation of China at that time. Therefore, he defeated Chiang Kai Shek, overthrew the bureaucracy of the local tyrants, evil gentry and warlords, redistributed their wealth, developed the proctive forces again, and completely redistributed their revolution and distribution, Mao Zedong really realized serving the people and let the people live a good life. In the era of large collectives, people go to work in the countryside to earn points. According to the points you earn, how much food can you get. In Deng Xiaoping's time, I felt that this was not right. It might be that the efficiency was not high, and I ate a big pot of rice. Later, I started the reform and opening up. After the reform and opening up, the fields were divided into households according to the number of people. After that, the output increased a lot, which stimulated everyone's enthusiasm, increased the output and improved the efficiency. After the reform and opening up, commercial instrial enterprises began to develop
we can see that economic development is based on the needs of the times. China's reform and opening up has gone for decades, from the traditional economic era to the E-commerce Internet economy, and now the blockchain has come out, also because of the new problems of wealth distribution in the Internet era
in the Internet era, social wealth is highly concentrated on several platforms, such as Alibaba, Tencent, Internet, Jingdong, etc. the Internet e-commerce leaders have too strong a say in finance, resources, procts and other aspects. Social development has completely lost its balance. The uneven distribution of wealth has made the rich richer and the poor poorer. The instrial enterprises without money, including the whole of China, are now difficult to survive except for the monopolized central enterprises. At this time, there needs to be another revolution in business. The proctive forces must be redistributed and readjusted. It happens that blockchain is born to meet the needs of the era of transportation
the rules and mechanisms of blockchain are completely open and fair, can not be tampered with, and can not be decentralized. The oligarchs of institutions are removed to form a sharing economy for common development. Why does the government support blockchain so much? Because the government can fully enter the field of blockchain for supervision, and the privacy of citizens can be protected. Personal information in the Internet is not protected, and personal information in the blockchain is in their own hands. In the era of Internet e-commerce, oligarchs monopolize information resources. There are too many fake and shoddy procts and too many false information, so we have no way to distinguish them
at this time, the rule mechanism of decentralized supervision of blockchain emerges as the times require. Blockchain is not only a technology (it has made some improvement and promotion in the original Internet technology), but more importantly, it can solve the problems that cannot be solved by the Internet, traditional e-commerce and traditional ecology, such as traceability. Traceability in the Internet age can be falsified. A traceability source can be pasted anywhere, but the traceability of blockchain is different. The technology of blockchain is real. Everyone can participate together. Through distributed storage, everyone can get the data, and then all things can be traced, including procts and invoices, Including a person to send a message can be traced, stored, fidelity
the traceability of blockchain starts with raw materials, then proction and processing, then warehousing, sales, etc. every link should be visualized, with pictures, videos and words, which will leave traces of every link. Only in this way can we make everyone trust completely and be fair, open and transparent when there are too many fake and shoddy procts and lack of trust. In short, blockchain is to solve the problem that the Internet can not solve
when it comes to blockchain, bitcoin is the first thing that many people think of. In fact, bitcoin's contribution to the world is to put forward a rule and mechanism. Bitcoin itself has no value. It has no proct and no support. But its technology and concept are very good, because this technology can't be fake. The source code of this technology is open source and can be shared. Its technology uses the idea of blockchain
as soon as the rules and mechanisms of blockchain come out, they are sought after by everyone. However, in recent years, they have been confused by money. That kind of money is deceptive and runs counter to blockchain. On the contrary, it makes people distrust blockchain because they don't know enough about blockchain and think blockchain is money. Because if you want to understand a field, just like jiuzero blockchain has entered its fifth year, you are engaged in blockchain ecology, blockchain traceability, blockchain digital integration, blockchain technology development, blockchain browser development and so on every day. In this field, you are still learning constantly, because it is not easy to learn a field thoroughly. The reason why we have been very motivated in the past few years is because we know that it is a big trend and coming. Just like the Internet 20 years ago, many people don't believe, understand and turn a deaf ear to it. But ten years ago, Tencent, Alibaba, Huawei and other big enterprises got up. At the same time, now this opportunity is in front of us. Can we seize it? This is a question worth thinking about
finally, let's make it clear that blockchain has nothing to do with currency
for regular blockchain enterprises, the government has requirements and certification standards
standards: three basic requirements (patent, soft work, registered company in national blockchain Park, paid in registered capital, dedicated blockchain R & D funds), four landing application standards (blockchain browser, website, blockchain application scenarios, blockchain procts), five kinds of blockchain professionals (blockchain finance professionals, Blockchain digital professionals, blockchain credit management professionals, blockchain software development professionals, blockchain encryption technology professionals, and employees with bachelor degree or above who have been employed for more than one year) can get six basic subsidies
in the blockchain instry, there are at least tens of thousands of companies doing money and ICU. They all say that they are regular, but can they take out these certificates. The document points out that as long as the company has digital currency or ICO, it is not a blockchain company
under the background of this era, the ideas, rules and mechanisms, decentralized supervision and privacy distribution of blockchain can protect everyone's interests, redistribute proctivity assets, prevent the interests from being too concentrated on certain oligarchs and institutions, let everyone participate together, and let everyone exert their energy together to fight against counterfeiting, tax evasion, tax evasion, tax evasion, etc The real purpose of blockchain is to crack down on false transactions and create a conscientious ecosystem that can protect the interests of the people and provide hematopoietic function.
6. At present, the state has not yet recognized
some time ago, the state specially cracked down on this virtual currency
so we should be cautious in investing in virtual currency
some time ago, the state specially cracked down on this virtual currency
so we should be cautious in investing in virtual currency
7.
Many friends are unfamiliar with bitcoin's computing power, bitcoin's mining machinery, mines and mining returns. Let's take a look at the operation mechanism between bitcoin and blockchain records in detail. First of all, what is blockchain? We can think of it as a distributed ledger and a corresponding credit network. In this network, everyone's behavior can be recorded on the chain, and it supports verification and retrospective investigation. Multiple chains are combined to form a block. We call it a miner who is responsible for recording this information on the chain
so, seeing here, I believe you can understand what is bitcoin's computing power and what is bitcoin's mining? In addition, the current mines are basically monopolized by large institutions, or the so-called entry threshold is very high. There is no investment of several million yuan or tens of millions of yuan. Basically, they are retail investors in the current bitcoin mining instry, and retail miners often give up mining because of the large fluctuation of computing power and the rise of electricity cost< br />
8. Hehe, I just went there to sign up for a taxi yesterday. When I came back, I saw No.79 passing by our house. Another one was No.51. Look how many routes there are in your house. You can get on the bus and ask the driver where to get off~
9. What currency did you buy, where and when did you buy it? Did you buy it on the exchange? If you buy it on a regular exchange, it's impossible to sell it. I'm a senior blockchain player. You ask too many questions. I can't help you
10. It is relative to control the speculation of virtual currency.
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