Gold is also decentralized
Publish: 2021-04-15 02:09:02
1. Decentralization, the distribution and circulation of network gold, through the open-source P2P algorithm. Without issuers, it is impossible to manipulate the number of issues.
2. The relationship between bitcoin and gold
bitcoin, a blockchain based digital currency, is often regarded as a global safe haven asset like gold. In this age of global turmoil, even gold has become unreliable and may be confiscated as India has. Some people have begun to think that bitcoin can replace gold, because bitcoin not only has the reserve capacity of gold, but also has some capabilities that gold does not have, such as low handling charges, rapid transfer capacity, decentralization and so on. With the increasing popularity of bitcoin and the decreasing volatility, the status of gold has been threatened
will bitcoin shake the status of gold?
gold has a long history, almost as long as the history of human civilization, and has withstood numerous tests in history. Bitcoin is less than a decade old, but its value has risen sharply. There is no support behind bitcoin. Of course, since the end of the gold standard, there has been no support from other currencies, except that there is no support from the central bank behind bitcoin. It's hard to predict whether bitcoin will exist in the next decade, a hundred years or even a thousand years.
bitcoin, a blockchain based digital currency, is often regarded as a global safe haven asset like gold. In this age of global turmoil, even gold has become unreliable and may be confiscated as India has. Some people have begun to think that bitcoin can replace gold, because bitcoin not only has the reserve capacity of gold, but also has some capabilities that gold does not have, such as low handling charges, rapid transfer capacity, decentralization and so on. With the increasing popularity of bitcoin and the decreasing volatility, the status of gold has been threatened
will bitcoin shake the status of gold?
gold has a long history, almost as long as the history of human civilization, and has withstood numerous tests in history. Bitcoin is less than a decade old, but its value has risen sharply. There is no support behind bitcoin. Of course, since the end of the gold standard, there has been no support from other currencies, except that there is no support from the central bank behind bitcoin. It's hard to predict whether bitcoin will exist in the next decade, a hundred years or even a thousand years.
3. Gold is a general equivalent, hard currency. All currencies are based on gold. Therefore, in addition to issuing currency, every country should also pay attention to gold reserves. Inflation means that more money is not worth money, and the reference object is also gold. It can be understood that gold is no longer the problem of value preservation, but gold is the general reference of value
the concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's idea, open source software was designed and released, and P2P network was built on it. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system. Unlike most currencies, bitcoin does not rely on specific currency institutions to issue. It is generated by a large number of calculations based on specific algorithms. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design to ensure the security of all aspects of money circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. The biggest difference between bitcoin and other virtual currencies is that the total amount of bitcoin is very limited and it has a strong scarcity. The monetary system used to have no more than 10.5 million in four years, after which the total number will be permanently limited to 21 million
from the two concepts, the main differences are as follows: gold is a physical object and a general equivalent; Bitcoin is a virtual currency, which is easy to be manipulated, and its value has a certain degree of hype.
the concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's idea, open source software was designed and released, and P2P network was built on it. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system. Unlike most currencies, bitcoin does not rely on specific currency institutions to issue. It is generated by a large number of calculations based on specific algorithms. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design to ensure the security of all aspects of money circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. The biggest difference between bitcoin and other virtual currencies is that the total amount of bitcoin is very limited and it has a strong scarcity. The monetary system used to have no more than 10.5 million in four years, after which the total number will be permanently limited to 21 million
from the two concepts, the main differences are as follows: gold is a physical object and a general equivalent; Bitcoin is a virtual currency, which is easy to be manipulated, and its value has a certain degree of hype.
4. Gold is measured by weight, while bitcoin is an abstract form of money that can only be measured in its own units. A bitcoin is worth more than a gram of gold, but it is far less than a ton of gold. Although bitcoin performed well last year, the scale and depth of the digital cryptocurrency market is still far less than the $7 trillion gold market
therefore, at present, gold is still the only currency in the world with the same scale and volatility as fiat money. Bitcoin, or digital cryptocurrency, is the most exciting currency experiment in the contemporary era.
therefore, at present, gold is still the only currency in the world with the same scale and volatility as fiat money. Bitcoin, or digital cryptocurrency, is the most exciting currency experiment in the contemporary era.
5. As the third generation of encrypted digital assets, EGD is positioned as global general commercial appreciation points,
it has an incomparable and unshakable position compared with other virtual currencies
at present, 1000 enterprises and businesses in China have approved the use of EGD as landing consumption promotion
the price of customized EGD super started on November 2 is 1 yuan, which increases about 8 times a year.
it has an incomparable and unshakable position compared with other virtual currencies
at present, 1000 enterprises and businesses in China have approved the use of EGD as landing consumption promotion
the price of customized EGD super started on November 2 is 1 yuan, which increases about 8 times a year.
6. Network gold should be called network gold integral, or EGD, or global general business integral.
as a kind of encrypted digital asset, network gold itself has the value-added attribute based on permanent scarcity and unlimited demand. In the Internet environment, network gold achieves value-added through netizen trading and commercial circulation, The starting price of online gold EGD is 50 yuan per piece, up to now, it has appreciated to 460 yuan per piece. From the perspective of development history, it has increased by more than four times a year. Moreover, with the continuous participation of Internet users and the continuous promotion of businesses, the price increase has accelerated significantly. The starting price of customized EGD super is 1 yuan on November 2, which has increased by about eight times a year
Network gold can be decentralized, open source code, total amount limit, exclusive ownership, real-time trading, etc., and appreciate every day,
as a kind of encrypted digital asset, network gold itself has the value-added attribute based on permanent scarcity and unlimited demand. In the Internet environment, network gold achieves value-added through netizen trading and commercial circulation, The starting price of online gold EGD is 50 yuan per piece, up to now, it has appreciated to 460 yuan per piece. From the perspective of development history, it has increased by more than four times a year. Moreover, with the continuous participation of Internet users and the continuous promotion of businesses, the price increase has accelerated significantly. The starting price of customized EGD super is 1 yuan on November 2, which has increased by about eight times a year
Network gold can be decentralized, open source code, total amount limit, exclusive ownership, real-time trading, etc., and appreciate every day,
7. Online gold refers to online gold trading, which is divided into physical gold trading and paper gold trading. Now, ICBC, BOC and CCB have all started online gold speculation business. The current online gold trading is mainly paper gold trading, that is to say, it is only formal trading, not real delivery of physical gold. Similar to stocks, speculators make profits by price difference. But the difference between paper gold trading and stock trading is that it can be traded repeatedly in one day, that is, it can be bought on the same day and sold on the same day
8. Network gold belongs to the investment and financial management project in the field of Internet finance
Network gold has no issuing institution and does not belong to any country or company. It exists in the Internet and belongs to whoever gets it. It was jointly developed by former Microsoft engineers and founding teams of seven countries. It was born on January 1, 2014 and launched globally on May 16, 2014.
Network gold is based on the design principle of encrypted digital currency bitcoin, We have improved and upgraded the technology, abandoned the shortcomings of bitcoin, inherited the advantages of bitcoin, and its properties are basically the same as those of real gold. But it also has the network attribute that real gold does not have. Decentralized, total amount limited, anonymous transaction, global transaction, instant receipt, no high fees
the positioning of network gold is the global unified commercial appreciation points. At present, the network gold EGD has been appreciating, and EGD can be converted on other third-party platforms (egdmarket). There are two ways to get online gold: one is through online "mining", the other is through promotion agencies or EGD trading platform
Network gold has no issuing institution and does not belong to any country or company. It exists in the Internet and belongs to whoever gets it. It was jointly developed by former Microsoft engineers and founding teams of seven countries. It was born on January 1, 2014 and launched globally on May 16, 2014.
Network gold is based on the design principle of encrypted digital currency bitcoin, We have improved and upgraded the technology, abandoned the shortcomings of bitcoin, inherited the advantages of bitcoin, and its properties are basically the same as those of real gold. But it also has the network attribute that real gold does not have. Decentralized, total amount limited, anonymous transaction, global transaction, instant receipt, no high fees
the positioning of network gold is the global unified commercial appreciation points. At present, the network gold EGD has been appreciating, and EGD can be converted on other third-party platforms (egdmarket). There are two ways to get online gold: one is through online "mining", the other is through promotion agencies or EGD trading platform
9. The first generation of encryption is bitcoin, and the second generation of encryption is Leyte coin. They can not be used in the commercial field. The third generation is network gold, which can be decentralized, open source code, total amount limitation, exclusive ownership, real-time trading, etc., with daily appreciation. This is the biggest feature. The total amount of network gold is set at 84 million yuan. In order to prevent hacker attacks, 50% of the key will be destroyed after the program is developed. In this way, imitation network gold will never appear and hacker attacks will be eliminated. In this way, the existing quantity in the network is only 42 million pieces, and the 42 million pieces are graally excavated, and the proction is decreasing year by year. This is the scarcity of network gold. The customized EGD super started on November 2, and the price is 1 yuan, which increases about 8 times a year.
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