BOC Hong Kong blockchain cross border wallet project
blockchain technology refers to a way for the whole people to participate in bookkeeping. There is a database behind all the systems. You can think of the database as a big ledger. At present, they keep their own accounts.
I understand that their ecological goal is
master-slave chain structure
the main chain is used for asset trading, with high security requirements; The slave chain is used for data transaction with fast speed
payment solution
the solution for TTC asset transfer. By accessing the TTC payment SDK, anyone can take TTC as a new payment method
win-win ecosystem
TTC is committed to building a stable ecosystem for super nodes, voting users, DAPP developers, users, users, etc Businesses provide value
TTC connect
TTC connect builds a bridge between users and TTC, users can transfer assets, reward synchronization, vote for super nodes, pay with TTC, etc.
TTC is a blockchain solution for large transaction volume and a sustainable token economy model. In foreign well-known market website coinmarketcap and domestic well-known market website non small can query<
TTC is developing rapidly. In March this year, TTC released version 2 of TTC white paper, launched TTC main network and launched TTC connect. In addition, TTC has already been online in major exchanges, such as upbit, the largest exchange in South Korea, coinzest, tokocrypto, bitrex, bibox and bitforex
consensus mechanism is the core of blockchain. After decades of development, consensus mechanism has derived a variety of consensus algorithms from the initial single workload proof pow, such as asset proof mechanism POS, proxy asset proof mechanism dpos, Byzantine fault-tolerant algorithm BFT and so on. Each consensus algorithm has its own advantages and disadvantages. TTC platform is designed to deal with large-scale transactions and support rapid verification. It uses multi-layer bft-dpos as the consensus mechanism
multilayer BFT dpos is a consensus algorithm based on dpos, and a series of super nodes generate blocks on behalf of all users, which improves the speed of transaction confirmation through BFT mechanism
this is the most I know, many of them are seen on the website, I hope it can help you;
1. General wallet
can support different blockchain tokens. For example, anmao wallet supports BTC, BCH, LTC, ETH, etc, dash and erc-20 series
2. Main Chain Wallet
in order to achieve their own goals, each coin must establish its own main chain, so that it can carry out business. After the main chain goes online, it needs to use the project's own wallet. Just like the green apple wallet of GAC coin, it is a wallet dedicated to GAC trading and transaction clearing
3. Exchange wallet
there are also wallets in the exchange. If the player's currency is recharged into the exchange, the corresponding currency will enter the exchange wallet. The exchange wallet is almost the same as the ordinary wallet. You can fill in the corresponding wallet address when transferring and withdrawing cash, and the corresponding wallet address will be generated for different currencies of each exchange
4. Hardware wallet
generally speaking, the wallet is software wallet, which is a PC program or app. As the name suggests, a hardware controlled wallet can be connected to the network when it is used, and can be stored off the network at other times, so as to avoid exposing the wallet to the network space.
centralized wallets: suitable for novices, easy to manage
decentralized
cold wallets (offline wallets)
Why is the Internet era coming to an end and the blockchain era coming
Once the
blockchain develops, it will burst out more innovation. As the first proct of blockchain, bitcoin has proced many innovations since its birth. For example, small cross-border payment, recording transfer transactions between currencies, recording various stocks, registering housing property rights, recording program codes, etc.
the steam age liberates social proctivity, the electrical age enlivens social cooperation ability, the Internet age connects the world, and the blockchain era will let us truly realize freedom
, the world's first electronic wallet cross border remittance service based on block chaining, was launched in Hongkong in June 25th. Hong Kong Alipay AlipayHK users can send remittances to Philippines purse Gcash through block chain technology. p>
ant financial services said that alipayhk cooperated with gcash to become the first e-wallet in the world to use blockchain in the whole link of cross-border remittance, and Standard Chartered Bank was responsible for the day-to-day capital clearing and foreign exchange. Gcash users can consume immediately after they arrive at the account. Cross border remittance can also arrive in real time like domestic transfer, 7 × 24-hour uninterrupted, cost-effective, safe and transparent, it can be said to redefine the "cross-border remittance"