Master coin the token of Master Lu's blockchain
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;
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 authorizationArt Instry
ascribe allows artists to declare ownership, issue numbered and limited edition works, and aim at any type of artwork in digital form. It even includes a trading market where artists can buy and sell through their websites without any intermediary services
legal instry
bitproof is the most advanced of many document time stamp applications emerging in recent years, which will make the traditional notarization method a thing of the past. Bitproof offers more services than versions including blocksgin and originstaemp, including one for intellectual property. Interestingly, bitproof recently cooperated with an it school in San Francisco to put their students' academic certificates on the blockchain, completely redefining how to handle and use diplomas and student certificates
development instry
colu is the first enterprise to allow other enterprises to issue digital assets. They can "token" all kinds of assets and make a profound impact on many people. Although the bitcoin wallet couperparty also allows the issuance of simple tokens and transactions among other wallet holders, the tokens of colu can be set with various states and types, and can be detached from or returned to the system. When the data stored on the blockchain is too large, the data can be stored on the BitTorrent network
network mutual aid instry
concentric mutual aid is the first blockchain network mutual aid platform to be implemented and applied. Technically, through blockchain and big data technology, the defects of traditional network mutual aid mode can be eliminated, and a new open and transparent network mutual aid platform can be established.
Pure blockchain technology can also be applied in non-financial fields. Here are some examples of blockchain technology application:
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cross center sharing of provident fund blacklist
ant financial blockchain and Huaxin Yong build "cloud platform of joint dishonesty punishment and deposit proof", Hainan province takes the lead in sharing the black list and deposit certificate of provident fund across centers and regions through the platform -
business service blockchain platform
the platform uses blockchain technology to open the service mode of "all-weather, zero meeting, one click" and applicants can apply for business license through the "blockchain + AI" platform, which takes only one and a half hours -
Jingdong Logistics creates a blockchain traceability platform with one click traceability of beef and mutton
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there are many areas where blockchain technology can be applied, and it does not have to be related to digital currency. Cryptography focuses on blockchain information< br />
the fourth category is the asset token blockchain project. Asset token refers to linking blockchain assets to physical assets such as gold and US dollars. It is the blockchain mapping of physical assets. At present, there are no more than 10 varieties. The typical representative is usdt against US dollars, digix Dao against gold, digix. Each token represents 1 gram of Gold Certified by London Bullion Market Association
asset token has the advantages of convenient transaction and storage. First of all, asset token is more convenient for transaction. Because blockchain assets can be split, it has better liquidity. For example, at present, real estate needs to be transferred as a whole. If the real estate can be token, it can be split and purchased, which is more convenient for transaction
secondly, the token of physical assets is more concive to custody. Gold is easy to wear out and cause losses in physical transactions. However, after the token of physical assets, there is no need for physical transfer, which is more concive to the custody of physical assets.
or take the bus to Konka Group or Fanghua garden
the monetary authority of Singapore has also announced an important piece of good news - it is testing the central bank currency based on blockchain technology and can be used for inter-bank settlement. For project investors, there is a shortcut to how to issue blockchain technology tokens in Singapore: register the Singapore public non-profit foundation to prove that the token is non securities, and then issue it.
the process of registering the Singapore foundation is as follows:
1. Provide the English version of the name of the foundation, and use it after passing the name search
2. Provide the ID cards of three registrants, one of whom is required by the registration board to be a director of Singapore nationality
3. Registered address in Singapore
4. Business scope of the foundation (optional)
5. Registered capital: S $1, no capital verification
6. Registration time: 10-25 working days
in addition, the Singapore registered foundation also needs a local business secretary, lawyer and auditor. After the foundation is registered, it needs to make legal compliance for the issued token, that is, to prove that the token does not have the nature of securities and futures, which can better prevent the supervision of the HKMA.