Purchasing virtual goods by blockchain

1.

Digital money is legal

digital currency itself is legal in China. Digital currency is defined as Internet goods in China, but the relevant supervision is still blank, and digital currency is still in the gray area in China. Well known digital currencies include bitcoin, Leyte coin, Ruitai coin, thousand gold card, dog coin, etc

however, there are also some non developers who use the cover of digital currency to carry out pyramid schemes, such as the Vicat scheme, treasure scheme, Porter scheme and so on

development materials:

digital currency is different from the virtual currency in the virtual world, because it can be used for real goods and services transactions, not limited to online games. The early digital currency (digital gold currency) is a form of electronic currency named after the weight of gold. Today's digital currency, such as bitcoin, lightcoin and ppcoin, is an electronic currency created, issued and circulated by check sum cryptography. It is characterized by the use of P2P peer-to-peer network technology to issue, manage and circulate currency. In theory, it avoids bureaucratic examination and approval, so that everyone has the right to issue currency

2.

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 fraud

in 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

3.

As early as 2013, the central bank and other five ministries and commissions issued a document clearly defining bitcoin as a specific virtual commodity. According to relevant regulations, financial institutions and Payment institutions are not allowed to carry out the exchange services between bitcoin and RMB or foreign currency

in view of this, on August 30, China Internet Finance Association took the lead in issuing risk tips for ICO (i.e., the first issue of token, the raising of bitcoin, Ethereum and other general digital currencies in blockchain projects). On September 4, the central bank and other seven departments issued a document calling for the suspension of all kinds of token issuance and financing. On September 13, the China Internet Finance Association issued a reminder on the virtual currency trading platform and market risk. On the evening of September 15, huocoin confirmed that it had officially received the notice and guidance from the regulatory authorities, requiring it to clean up and rectify the virtual currency transactions

4. Digital currency is a virtual currency based on node network and digital encryption algorithm, which can be exchanged at will. The place of digital currency is just there. All the big domestic star traders, such as silktrader, fire coin, coin security, etc. The owner of digital currency can communicate with others on the platform through the matchmaking system, or directly purchase digital currency with legal currency through the legal currency channel.

5. This kind of digital currency platform may involve cross-border transactions, which is illegal in China. The state has been cracking down on it. Financial security has been raised to an unprecedented height. There is no guarantee for capital security on the platform. This kind of transaction is highly leveraged, which is actually the most difficult and difficult to make money. It is better for non professionals not to participate and try with their hard earned money, It's not so easy to make money. Don't listen to others; In any instry, the more you know, the more professional you will be able to earn. It's just that it's possible. This kind of leverage game has great mental pressure and is prone to various physical problems

6. The specific cost still depends on your specific needs, what you want to do, how many users you have in the early stage, which mode you are going to use, and so on. It's a kind of cost evaluation. Of course, you can list your needs in detail, and then look for a development company to help you do it. The most important point is to find a professional development company to help you do it, instead of buying a system template.

7. At present, the application of blockchain is mainly in the fields of finance, medical treatment, authentication, intelligent contract, sharing economy, digital assets and so on, and the development of virtual currency mall can be said to be the foundation of blockchain technology. At present, there are not many commercial malls that use blockchain technology to develop. To develop a virtual currency mall based on blockchain technology, you can refer to the scheme of Yingtang Zhongchuang, which is a development enterprise with more application of blockchain technology.

8. The most unforgivable thing is to be forced to wake up from sincere enthusiasm and realize that the person who once placed all their hopes on them is the one who disappointed them.

9. No, blockchain is the underlying technology, and virtual currency is mostly developed or derived from this underlying technology.