Onecoin and blockchain

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

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

1. new member registration process: My Network --- network tree --- click shadow avatar --- fill in information (pinyin of first name --- Pinyin of last name --- user name: letters + numbers --- email: 163 email (network search 163 email registration) --- password: capital letters + initials + numbers --- country selection: China --- mobile phone number --- add member

2. activate account number: call the recommender to buy Gift code --- store --- input gift exchange code --- redemption

3. mining process: menu bar --- exchange --- the second icon under the home page --- fill in the amount of net currency --- submit (prompt: when is the right time for consulting the recommender to mine)

4. check your bonus (one week settlement): reward - verify direct push bonus - verify collision bonus - verify algebra bonus - verify incentive bonus

5. member bonus transfer up and down: dashboard --- cash account --- send cash to online --- or --- send cash offline (fill in amount --- recipient's user name --- transaction password --- send complete) -- or --- request to withdraw (apply for withdrawal) (withdrawal amount --- withdrawal method: bank card or system wallet) -- transaction password

Onecoin Vicat is another virtual currency after bitcoin. In 2013, bitcoin, a virtual currency, became popular on the Internet, and its economic growth value soared from US $0.01 to US $1100.12. Vicat 1 is similar to bitcoin. Onecoin started operation in the world on August 15, 2014 and entered the Chinese market on September 1, 2014. Vicat is the second generation of cryptocurrency after bitcoin. On the basis of bitcoin, it combines the concepts of innovation, profitability, security and integrity

Compared with legal tender, onecoin does not have a centralized issuer. Instead, it is generated by the calculation of network nodes. Anyone can participate in the proction of onecoin, and it can circulate all over the world. It can be bought and sold on any computer connected to the Internet. No matter where they are, anyone can dig, buy, sell or collect the onecoin, And in the transaction process, foreigners can not identify the user's identity information. Vicat is a kind of "electronic currency", which is composed of a series of complex codes generated by computer. The new Vicat is manufactured through preset programs. With the increase of the total amount of Vicat, the speed of new coin manufacturing also slows down. Whenever Vicat enters the field of vision of mainstream media, mainstream media always asks some mainstream economists to analyze Vicat. Earlier, these analyses always focused on whether the Vicat was a scam. Nowadays, the analysis always focuses on whether Vicat can become the mainstream currency in the future. The focus of the debate is often on the deflationary characteristics of the Vicat
first of all, according to its design principle, the total amount of Vicat will continue to grow, but the later growth rate of the total amount of Vicat will be very slow. Therefore, from the perspective of the total amount of money, Vicat will not reach a fixed amount, and its total amount of money will continue to expand, although the speed is getting slower and slower. So it seems that the Vicat is the inflation currency