Blockchain digital encryption asset 6
Encrypted digital assets: encrypted digital currency is not issued by legal tender institutions and is not controlled by the central bank. It is based on the open source code of a group of equations calculated by computers all over the world. It is generated by a large number of operations of computer graphics card and CPU, and uses the design of cryptography to ensure the security of all aspects of currency circulation. The design based on cryptography can make the cryptocurrency only be owned by real users
encrypted digital asset is also a kind of gold existing in the network world, which is a kind of encrypted digital currency based on the block chain technology and using the digital encryption principle. In a sense, it has the same circulation function as ordinary currency. Encrypted digital assets apply blockchain technology to the global financial field, which makes consumers all over the world make business investment through encrypted digital assets, and create a new business model of win-win between investors and users, which is a trend for development
virtual currency (enterprise currency) is self issued by companies or private indivials. It can be issued indefinitely, and it does not need to be obtained by solving the equation through the CPU program of computer graphics card. Because it can be issued unlimited according to the market demand, it does not have the value of collection and appreciation. There is no ore pool website, no original code. Price can be manipulated, mostly one-way relationship
asymmetric encryption algorithm is a function that converts the original plaintext file or data into a series of unreadable ciphertext codes by using an encryption key. The encryption process is irreversible. Only holding the corresponding decryption key can the encrypted information be decrypted into readable plaintext. Encryption enables private data to be transmitted through the public network under the condition of low risk, and protects the data from being stolen and read by the third party
the core advantage of blockchain technology is decentralization, which can realize point-to-point transaction, coordination and cooperation based on decentralized credit in a distributed system without mutual trust by means of data encryption, time stamp, distributed consensus and economic incentive, so as to solve the high cost and low cost of centralized institutions Low efficiency and data storage insecurity provide solutions
the application fields of blockchain include digital currency, token, finance, anti-counterfeiting traceability, privacy protection, supply chain, entertainment, etc. with the popularity of blockchain and bitcoin, many related top domain names have been registered, which has a great impact on the domain name instry.
blockchain technology originates from bitcoin, and its essence is to create a decentralized digital currency system by using computer algorithm and cryptography technology, so as to realize the functions of currency issuance and transaction
characteristics of blockchain Technology:
1. Decentralized: there is no centralized hardware or management organization in the whole network, the rights and obligations of any node are equal, and the damage or loss of any node will not affect the operation of the whole system. Therefore, it can also be considered that the blockchain system has excellent robustness
2. Trustworthiness: there is no need to trust each other when participating in the data exchange between each node in the whole system. The operation rules of the whole system are open and transparent, and all data contents are also open. Therefore, in the specified rule range and time range of the system, nodes can not and cannot cheat other nodes
3. Collective maintenance: data blocks in the system are jointly maintained by all nodes with maintenance function in the whole system, and these nodes with maintenance function can be participated by anyone
4. Reliable database: the whole system will enable each participating node to obtain a of the complete database in the form of sub databases. Unless more than 51% of the nodes in the whole system can be controlled at the same time, the modification of the database on a single node is invalid, and the data content on other nodes cannot be affected. Therefore, the more nodes and computing power in the system, the higher the data security in the system
the other two features are derived from the four features:
5. Open source: because the operation rules of the whole system must be open and transparent, the whole system must be open source for the program
6. Anonymity: since there is no need to trust each other between nodes, there is no need to disclose the identity between nodes, and each participating node in the system is anonymous< EGD: e-gold coin, or EGD for short, is a network encrypted digital asset based on peer-to-peer Internet open source protocol, which circulates in a decentralized network system. EGD, as a kind of consumer asset given by global commercial consumers from businesses, is used to replace the points issued by businesses in traditional commercial society, realizing the networking, integration and capitalization of global commercial points
EGD, namely network gold, is an encrypted digital asset based on decentralized digital encryption technology. EGD was born in January 2014. It was developed by a team of 17 technical experts from seven countries around the world, led by former Microsoft engineers. EGD introces the technology of encrypted digital assets into the field of global business integration points, which enables global consumers to continuously share the profits of commercial society through the circulation and value-added of EGD business points, and create a win-win economic model for businesses and consumers
features of customized EGD:
with customized technology, we can easily build all kinds of intelligent assets based on EGD protocol, including stocks, bonds, or various derivative points
more importantly, customization technology not only expands the application scope of EGD, but also retains the characteristics of clear property rights and decentralization of EGD. Moreover, e to the limited number of customized points, customized points are more scarce.
there is no legal person in blockchain, and blockchain is a technology. Now many people are focusing on blockchain technology. Blockchain technology is the underlying protocol of bitcoin, Ruitai coin, Weimeng coin and other digital currencies.
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