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Money for decentralized transactions

Publish: 2021-04-01 22:44:48
1. Don't trade on any illegal platform. On the one hand, the risk is great. On the other hand, the running of the platform will make you lose all your money.
2. When it comes to digital currency, the topic is the exchange. If you want to hold digital currency, besides mining, the most convenient and quick way is to buy it from the exchange
we all know that one of the biggest characteristics of digital currency is decentralization. However, 90% of the exchanges in the market are under centralized management. Users need to transfer funds to the large account of the exchange, verify their identity information, and do not link currency transactions. Moreover, all information needs to be stored in the offline database of the exchange, All these seem to violate the decentralized spirit and centralized mode of blockchain, which makes users in a weak position, passively accept the "management" of the exchange, and also bear the risk of privacy leakage, hacker attack, exchange bankruptcy or running away
therefore, the emergence of decentralized exchanges has become an inevitable trend. Decentralized exchanges are also called DEX
currently, whaleex, newdex and gatechain DEX are the most representative decentralized transactions. In fact, it is a mode of wallet and wallet trading. Compared with the centralized exchange, it has obvious advantages. For example, all operations are carried out on the chain. It is publicly accessible and does not need to be registered. Anonymous trading and privacy are guaranteed. Users' assets are stored in a distributed way. They have 100% of the management rights of assets and have high security
however, although decentralized exchanges have obvious advantages, they are still not widely available in the market. Decentralized exchange is not a very mature mode, and there are still some problems, such as slow trading speed, poor liquidity, key loss, forgotten password and unable to retrieve account assets. Therefore, it needs to be further improved. However, it is undeniable that decentralized trading must be the mainstream mode of exchanges in the future.
3. The core difference between centralization and decentralization is whether the private key is in the hands of the user. The decentralized platform can protect the user, such as celletf (celletf. IO), which solves the security problem of the user's assets, but the operation is relatively simple.
4. Decentralized exchange refers to the virtual currency exchange. Investors are expected to choose carefully. First of all, there is no formal virtual digital currency exchange or formal trading platform in China, so the state does not recognize virtual digital currency. If investors are involved, they may lose everything.
5. 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.
6. At present, the project is very stable. It is said that the investors do not understand the mode of the project. The project side does not earn any money from the players. The fund side is the money maker. What is the purpose of the MGK project side? What is the motivation?
7. It should be reliable.
8. Coin an decentralized trading platform is the fastest trading engine on the chain, and all transactions are completed on the blockchain. Through decentralized operation, it can handle more than enough transactions of binance.com. Users use the private key for transactions, and no one else can modify the transaction. Currency security chain uses the blockchain consensus protocol BFT based on tendermint, under which transactions only need to be confirmed once. The block time of the transaction is less than 1 second, that is, the time required for the completion of the whole transaction is less than 1 second
there are a large number of user interfaces on coin an decentralized trading platform. Anyone can create an interface, and many people have already done so.
9. 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.
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