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Star currency decentralization

Publish: 2021-04-12 23:57:05
1. Digiccy is the digital currency. If you look at the ranking of digital currencies in the world in 2018, you can know it as follows:
1. bitcoin / BTC
founder: Nakamoto Tsung
originally proposed by Nakamoto Tsung in 2009, according to the idea of Nakamoto Tsung, we designed and released open source software and built P2P network on it. Point to point transmission means a decentralized payment system, which once had no more than 10.5 million in four years, and then the total number will be permanently limited to 21 million
2. Ethereum / eth

founder: Geoffrey Welk
it is not only a virtual currency, but also a platform and a programming language, enabling developers to build and release the next generation of distributed applications. Ethereum can be used to program, distribute, guarantee and trade anything: voting, domain names, financial exchanges, crowdfunding, corporate governance, contracts and most agreements, intellectual property, and smart assets that benefit from hardware integration< 3. Ripple / XRP is the base currency of ripple network. It can circulate in the entire ripple network, with a total amount of 100 billion, and graally decreases with the increase of transactions. The operating company of ripple is ripple labs (formerly known as opencoin)
4. Bitcoin cash (BCC) / BCH

founder: Roger ver
bitcoin forked coin. Viabtc, a mining giant owned by bitcoin mainland, has prepared a set of hard forked system based on the original chain of bitcoin
5. EOS

founder: Daniel Larimer
BM (Daniel Larimer), a blockchain architecture platform similar to the operating system, is developed to realize the performance expansion of distributed applications
6. Litteoin / LTC is an internet currency based on peer-to-peer technology and an open source software project under MIT / X11 license. It can help users make instant payments to anyone in the world
7. Stellar

founder: Jed McCaleb
the digital currency project initiated by Jed McCaleb, the former founder of ripple, is used to build a decentralized gateway between digital currency and fiat money. It will be provided to users in the form of free distribution, and its supply online is 100 billion, of which 95% of the amount of star coin is used for free distribution
8. Cardano

founder: Charles hoskinson
the end result of ADA cryptocurrency, which can be used to send and receive digital funds. This kind of digital cash represents the future currency, through the use of encryption technology, can be fast, direct transfer, to ensure its security
9. Tether

founder: Craig sellers
tether USD, a token launched by tether company, is based on the stable value currency USD. Users can query funds on tether platform to ensure transparency. Each TEDA coin is symbolically associated with government supported legal tender< Iota
10, iota

founder: David sonstebo
a crowdfunding project started in 2014, which is a revolutionary transaction settlement and data transfer layer specially designed for the Internet of things. It's based on a new type of distributed ledger, tangle, which is like a blockchain, but it uses a network structure instead of a chain structure, which makes it more scalable and stable.
2. Here's a brief introction to several mainstream digital currencies to give you a rough idea. After that, I will talk about the specific currency from time to time

bitcoin is the originator of digital currency and the most valuable virtual currency. Because blackmail virus only takes bitcoin, it has entered the public view. The soaring price of bitcoin in 2017 has attracted a large number of investors to enter the digital money market. Because the number is small, it is only 21 million, which has a strong deflationary attribute
of course, I am extremely optimistic about the future of bitcoin. Of course, many people are not optimistic about digital currency. Here, it is most pertinent to quote Krugman's view:
"at least for now, buying bitcoin is still a good investment. But that doesn't mean the experiment was successful. The original intention of establishing a monetary system is not to make those who hold money rich, but to make transactions convenient and benefit the whole economy. And none of these bitcoins came to us. "
reborn currency
a protocol currency issued by reborn, which is the base currency of reborn network. It can circulate in the whole reborn network, with a total amount of 100 billion, and graally decreases with the increase of transactions. Reborn currency is the only common currency in ripple system, which is different from other currencies in ripple system, Ripple labs (formerly known as opencoin) is the operating company of ripple coin
unlike bitcoin, reborn is a kind of transaction protocol, which is called smart contract in technical terms. It supports people to pay in any currency, and does not need a central data exchange center, so the transaction confirmation time of ripple is only 35 seconds, while that of bitcoin is 10-40 minutes

Ethereum
Ethereum is the name of currency used in Ethereum, which is used for payment calculation in Ethereum virtual machine. Ethereum is a blockchain that can be used to deploy decentralized applications. It is an open source computer platform and blockchain platform. At the end of 2013, it was founded by vitalik buterin, a Russian programmer
there is a key difference between the blockchain technologies used by Ethereum and bitcoin. Ethereum's data processing speed is faster than that of bitcoin, because once agreed, Ethereum's system will automatically apply to the terms and conditions in the contract
unlike bitcoin, the value of Ethereum depends on whether the applications on the platform of Ethereum are prosperous or not, just like the price of oil will rise with more machines using oil

bitcoin cash
bitcoin cash is a branch of bitcoin. In order to solve the problem of long transaction time of bitcoin, at 20:20 on August 1, 2017, a small number of mining machines began to use 8m block to start mining, and the transaction confirmation speed was thousands of times faster than that of bitcoin using 1m block
strictly speaking, however, there are different opinions on whether this is a new branch of bitcoin or another kind of "counterfeit currency". But now the offer of bitcoin cash is nearly 20000 yuan, so it's not too much to use it as a kind of "Shanzhai coin" to divide bitcoin traffic

IDA coin, ADA in English, is a proct of Cardano project. The total amount of Aida is 4.5 billion yuan, and 3 billion yuan will participate in the subscription. Among them, 2.5 billion ADA will be used for platform subscription, 500 million for the financial support of the development company's operating company, and 1.5 billion ADA coins will continue to be issued in the form of block awards
Cardano is a project started in 2015 to change the way cryptocurrency is designed and developed. This project is aimed at technical reformers, technical improvements to bitcoin and existing platforms. If bitcoin, Ethereum and other projects have many other shortcomings, Cardano can solve them<

lightcoin
a currency based on bitcoin protocol, but it does not require very high computing power, and it can also be mined by ordinary computer. Lightcoin's algorithm comes from the algorithm designed by Dr Colin Percival for tarsnap secure online backup service (backup for Linux and other open source operating systems)
for a long time, there has been a voice that "lightcoin will replace bitcoin", which is impossible. In the future, there will probably be a variety of cryptography currencies in the world, but any kind of counterfeit currency can not replace the mainstream position of bitcoin, no matter how excellent its algorithm is compared with bitcoin<

stellar currency
stellar currency, a digital currency project initiated by Jed McCaleb, the former founder of ripple, is used to build a decentralized gateway between digital currency and legal tender. It will be provided to users in the form of free distribution, and its supply online is 100 billion, of which 95% of the amount of star coin is used for free distribution
star is a diversified team. The board members include Keith rabois, former COO of square, Patrick collison, CEO of stripe, Jackson Palmer, co-founder of dogcoin, and naval Ravikant, co-founder of angellist, who will be the consultant of the project< New economy movement, or NEM, was founded on January 19, 2014. The founder is a mysterious person in bitcointalk.org forum called utopianfuture. The original intention of utopian future was to build a second-generation digital currency NXT. He then realized that NXT's distribution model was unreasonable, so he devoted himself to NEM with egalitarian distribution
as a kind of cryptocurrency, new coin does not need much computing resources to maintain the operation of nodes. The proof of importance (POI) engine of NEM reces the threshold of computing resources to participate in non-traditional blockchain<

dascoin
formerly known as black coin, is a kind of counterfeit currency of bitcoin, which focuses on anonymous function. There are many innovations, such as master node network, fast payment, mixed currency anonymous technology, proposals can vote, and developers have fixed budget support. The core consists of a unique incentive P2P network. Miners are rewarded for maintaining blockchain security; The main node holders are rewarded for verifying transactions, storing data and providing a variety of services
the feature of anonymity meets the needs of some investors for absolute privacy. Although bitcoin is also widely used in money laundering and other illegal transactions e to its anonymity, it is only "pseudo anonymity", and the transaction of bitcoin can still be traced back to the traders themselves.
3. They are all digital currencies

bitcoin is not the only digital currency on the Internet, but also ripple, stellar, litecoin, Ethereum and other digital currencies.
4.

Star Coin Wallet, currently more easy to use and safe is the firefly wallet

firefly wallet is an open source wallet, which is officially approved by the star and can be used safely

the key of the wallet is encrypted and stored in the mobile phone, so it will not be hijacked and stolen as easily as the web wallet

the wallet can directly keep star currency and star system currency, such as Mobi, etc., and also support the custody of other blockchain assets such as bitcoin, ether currency, star currency, bitcash, reborn currency, etc. It's much more reassuring than putting it on the exchange

in addition, the built-in sdex (Star distributed Trading Center) wallet can directly trade your bitcoin, Ethernet coin, star coin, bitcash, reborn coin and so on. All trading data on the chain, more reliable than the centralized exchange

is very convenient. And unlike other star wallets, firefly wallets also offer free activation services. Another sum of money was saved. Fast charging, good service. It should be the best star Coin Wallet with the most users in China

5.

Recently, a photo of Chinese aunts posing at the blockchain conference became popular in the circle of friends, and netizens commented that aunts have been targeted by blockchain. Since the beginning of this year, some illegal elements have carried out pyramid selling activities under the banner of blockchain finance, becoming one of the latest varieties of pyramid selling. Recently, Xi'an City cracked a block chain pyramid selling case

Zhang Yangqiu said that virtual currency, as a new thing, is often used to engage in illegal and criminal activities. It usually controls a small number of indivial or company accounts to absorb and transfer funds, and establishes a pyramid selling network through the Internet to expand the scale of fund-raising. It is difficult for ordinary investors to see the operation rules behind it. She reminded that various virtual currency platforms generally publicize technologies such as "blockchain" and "decentralization", and some of them are also named after international organizations and multinational financial groups, which is extremely confusing. Middle aged and old people must be cautious in investment, and it is better not to set foot in unfamiliar investment fields

content source: Xinhuanet

6. Introction: stellar, a digital currency project initiated by Jed McCaleb, the former founder of ripple, is used to build a decentralized gateway between digital currency and legal tender. It will be provided to users in the form of free distribution, and its supply online is 100 billion, of which 95% of the amount of star coin is used for free distribution< Br > date of issue: 2014 < br > Star coin, full name in English: lumens, digital currency code: XLM. Stellar coin used to be called stellar, abbreviated as STR, and later changed its name from the operating company to lumens< Total supply: 103629819514xlm < br > current circulation: 18432206941xlm < br > market value: 7603819897
7. Stellar is a new payment system similar to ripple recently launched by the former founder of MT GOx and ripple McCaleb. Joyce king, executive director of the Star Development Foundation, said the star will serve as a bridge between legal money and digital money, which is the key to the adoption of digital money by mainstream users. This new platform is a decentralized gateway between digital currency and fiat money. Like reborn and bitcoin, stars will have their own digital currency, stellar.
8. In the end, it will be deceiving. Now that it can be traded, it is not deceiving. Virtual currency is not supported by the actual available value, it only belongs to game currency. You're going to die in the end.
9. It's a guy who can make money by lying down! Just look at Zhang Jie's Sina blog
10. Stellar, a mysterious digital currency project steered by Jed McCaleb, has officially launched
McCaleb is the founder of Mt. GOx, a closed trading platform in Japan, and he is also one of the co founders of REBO lab, a digital currency payment network
according to the Wall Street Journal, this new platform is a decentralized gateway for the transmission between digital currency and legal tender. Like reborn and bitcoin, stellar will also have its own digital currency, stellar.
rumors about the project started to flow out as early as February, when a mysterious website (secretbitcoin project. Com) was launched to recruit programmers, alpha testers and designers
in a statement, joysky, executive director of the Star Development Foundation, said that the star will serve as a bridge between legal currency and digital currency, which is the key to the adoption of digital currency by mainstream users
Jin added:
"it's probably the best way to make both of them beautiful."<

details of the star
according to the Wall Street Journal, the star will serve as a gateway between legal currency and digital currency, but we still can't know whether the infrastructure of the project is in place
it is worth noting that the platform's digital currency, star coin, will be provided to users in the form of free distribution, and its online supply is 100 billion, of which 95% of star coin is used for free distribution

star is a diversified team. The board members include Keith rabois, former COO of square, Patrick collison, CEO of stripe, and Jackson Palmer, co-founder of dogcoin, and naval Ravikant, co-founder of angellist, will be the consultants of the project
grudge with reborn
when McCaleb first joined the company, reborn laboratories reserved 20 billion reborn coins for the company's founders, of which 9 billion were allocated to McCaleb
in May this year, McCaleb announced that he intended to sell his XRP, which caused panic in the community and caused the currency to depreciate by nearly 40% in the short term. Although he said that he would sell the rupees, it is strange that he has not cashed them so far.
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