Is firework decentralized

1. My mother is 70 years old. She is an ordinary retired worker. Recently, she has been tricked into joining the virtual currency. I just want to ask whether it is the old lady who keeps up with the times or the swindlers who are all pervasive? The wise man should analyze it by himself. My conclusion is that the world is clear and the swindler praises it.

2. For example, I borrow money from you in a village. Normally, if I am afraid that you will not repay the money, I can find an intermediary recognized by everyone, such as the village head as the guarantor, and sign an IOU. In this way, if you default at that time, I can find an intermediary to prove that you really owe me money, But there are two problems: 1. What if the village head finds out that his long lost son colludes with him to cheat you on money? 2. What if the middleman dies on the spot the next day! This is about trust and security. If the method of blockchain is to provide you with the certificate of the whole village (distributed), so that everyone knows about it and the other party can't default on it. Second, even if a small number of people or village heads deny (some nodes commit crimes) that they have lost the IOU or tampered with the content, there will still be others to make the basis

above, explain the two problems of building owners: 1. Decentralization, because the account book records are not centralized in the hands of each participant, and you will get paid if you save and keep accounts. 2. Since I can get rewards by saving and keeping accounts, can I just keep accounts instead of storing them? If you have a mining pool, you can keep accounts for it and store it for you. In this way, you can still get good rewards. There are only a few mining pools in the world, so they are centralized

3. The safety factor of the decentralized wallet is much higher than that of the traditional centralized wallet, and it will not suffer losses e to the failure of the center.

4. In token economics, decentralized money is not the only object of value circulation and measurement. Therefore, a fixed amount of decentralized money does not necessarily lead to rejection by the market
decentralization in decentralized money contains multiple meanings: decentralization of money issuance, decentralization of money circulation, decentralization of money withdrawal...
as far as our current economic system is concerned, the issuance of money is carried out by the central bank or other similar institutions and endorsed by the national credit. Therefore, the issue of money is obviously a kind of centralized, controlled by the government or institutions. However, in the current economic system, the circulation of money is decentralized
although in our current financial system, the vast majority of money has been circulating through banks, this mode of circulation is mostly controlled by the money owners themselves, that is to say, the circulation of money is not controlled by central institutions. In addition to some specific financial requirements, some circulation has been regulated; Or the judicial organs may intervene and forcibly manage the circulation of money. In proportion, these centralized operations are very few. Therefore, we can say that in the existing economic system, the circulation of money is decentralized< In fact, the central bank and other financial management institutions make use of the power of currency issuance to regulate the whole market and maintain the stability of economic development and currency
we have learned in economics that the total amount of money circulation should match the current trade situation. In other words, the total amount of money circulation is closely related to the economic situation. The circulation of money needs to be regulated to influence the market; And the market also forces the regulatory agencies to regulate the currency through various feedback, so as to maintain the stability of the currency.

5. Comparative analysis of centralized server finance and decentralized blockchain Finance
Decentralization: no server, no domain name and no app. The DAPP browser of the third-party Ethereum (ETH) wallet is the entrance, such as coin safety wallet, am wallet, wheat wallet, etc. DAPP can only be read in the block browser< 2. Essential difference:
centralization:
1. The mode and data are stored in the server, which can be modified at will and the outflow of funds can be controlled
2. Financial data cannot be disclosed to investors. Bonus is the financial personnel unified settlement
3. It is possible and feasible to circle money and run away<

Decentralization:
1. The whole business model relies on the automatic execution of eth smart contract, which is separated from human management
2. Financial transparency and bonus block settlement
3< Third, the security of personal information and funds:
centralization:
1. Declaration needs: name, telephone number, ID card, bank card and other information, which is dangerous to disclose personal information
2. The funds are stored in the bank card or centralized wallet of the project party, when the funds enter the site & gt; When the entry funds are decentralized:
1. Without any personal data, it is the ETH wallet address as the identification
2. The funds are stored in the contract wallet address of eth. No indivial or organization can transfer Ethereum. No matter how the funds change, the possibility of money entrapment is eliminated< 4. Bubble and risk analysis

centralization:
1. Development and operation cost 10% - 20%
2. Company profit 30% - 80%
3. Market allocation 10% - 50% as static and dynamic bonus<

Decentralization:
1. No development and operation costs
2. The profit of the technical side is 3%
3. The market allocation ratio is 97% as the static and dynamic bonus

to sum up, centralized projects are bound to die out, and decentralized projects will win the hearts of the people!

6. Decentralizing is not to do without the center, but to let the nodes freely choose and decide the center. In short, centralization means that the center determines the node. The node must depend on the center, and the node cannot survive without the center. In a decentralized system, anyone is a node, and anyone can be a center. Any center is not permanent, but phased, and no center is mandatory for nodes. At present, many projects are being decentralized. GSN social bank is also decentralized. However, GSN reces the cost of credit investigation and enables unlimited use and sharing of trust data. GSN can greatly rece the false problem of massive data, so that data collection, processing and use can have better convenience. GSN expands the coverage of credit evaluation, expands the scale of the community, and uses distributed technology to collect data and information of user groups that can not be considered in the traditional mode through surveys. At the same time, GSN can carry out credit evaluation for special groups, that is, those who have no registered bank accounts but can contact with the Internet, so as to expand the scope of credit proct services. GSN reces the cost of credit proct management, so that credit evaluation, pricing, contracts can be automatically executed and managed without additional human participation, which greatly reces the cost of credit proct management, and greatly improves the scale of bank credit business processing. GSN improves the ability of credit to create value. Through the trust mechanism in the chain, the whole process of credit procts can have the ability of dynamic programming, which effectively expands the space of credit procts to create value.

7.

Investing can query all virtual currencies. After verification, there is no such popular currency as gadt

we should pay attention to the possible risks

8. That's not necessarily true. For example, although EOS are decentralized, the proction blocks are centralized clusters