Decentralization of dascoin

1. Q: What is blockchain technology? A: Blockchain technology can be understood as a public accounting mechanism. It is a technical solution rather than a specific proct. The basic idea is to establish a set of public account books on the Internet, in which all users in the network keep accounts and check accounts together, so as to ensure the authenticity and non tamperability of information. The reason why it is called "blockchain" is that the structure of blockchain storage data is composed of a chain of "storage blocks" on the network. Each block contains all the information exchange data in the network within a certain period of time, and the chain continues to grow over time. Q: What is the relationship between blockchain and bitcoin? A: Bitcoin used to be one of the most successful applications of blockchain technology. Specifically, the blockchain is a series of data blocks generated by the use of cryptography Association, and each data block contains the information of effective confirmation of multiple bitcoin network transactions. It can be said that bitcoin is a "killer application" of blockchain idea. Blockchain is the underlying technology of bitcoin, but its role is not limited to bitcoin. Q: What are the technical features of blockchain? A: Based on open source software and peer-to-peer network, blockchain can bring more advantages than traditional network in currency related fields such as transaction payment. These advantages include: decentralization, no need to trust the system, disintermediation, tamper proof, encryption security. Q: How does blockchain technology improve the authenticity and non tamperability of data? A: The newly added data blocks are linearly added to the end of the original block in chronological order, which constitutes the blockchain. In this process, the data is distributed in each computer. This decentralized storage method improves the authenticity and non tamperability of the data. When a transaction occurs, users all over the world can act as regulators. If we do not recognize the legitimacy of the transaction, the transaction cannot be concluded, and the data on the blockchain is maintained by us collectively. Q: Is there any potential defect in such a brain burning "blockchain"? A: Blockchain also has some defects to be solved, such as security risks, work efficiency and resource consumption. Since the supervision of blockchain depends on all nodes in the network, theoretically speaking, if you master more than 50% of the computing power of the whole network, you will be able to successfully tamper with and forge blockchain data. Secondly, e to the distributed storage, each node in the blockchain needs to keep a database, and any transaction in the network needs to be authenticated and recorded by other nodes, so the efficiency of the system is low. Finally, because the operation of the blockchain relies on the computing power contributed by the network nodes, these computing power do not proce actual social value, so it is generally considered that these computing power resources are "wasted". Application of blockchain in various fields when blockchain technology is published, many people think it is possible to realize DAC. DAC (full name) can be translated into distributed autonomous system, which refers to an organization system that runs autonomously without intervention and management through a series of open and fair rules. DAC has many forms. It may be a digital currency, a system or an entity, or even a driverless car. This kind of organization system can provide valuable services for customers in the form of currency transfer (such as bitcoin), asset transaction, domain name service, or any other business model. Therefore, through the idea of information sharing, blockchain technology is likely to bring profound changes in cost rection and security improvement to various instries. Application scenarios that existing blockchain technology can achieve: proof of existence can be used to confirm rights in the field of Internet finance, that is, blockchain can really realize "proving your mother is your mother". The smart contract guarantees the validity of the contract, such as the generation required by the electronic signature law; Reliability of methods for storing or transmitting data messages; The reliability of the method of maintaining content integrity; The reliability of the method used to identify the sender. The blockchain of the Internet of things can solve the problem of the coding standard interaction interface of the Internet of things. When an e-signature is signed by identity verification, the signature data is only under the exclusive control of the signer. Any changes to the e-signature after signing can be found, and any changes to the content and form of the data message after signing can also be found. The market forecasting community, August, is an example. Anyone can access and use August anywhere in the world, which may bring unprecedented liquidity and trading volume to the market. Asset trading NASDAQ OMX Group Inc is testing blockchain technology, which NASDAQ believes has the opportunity to transform traditional financial trading methods into bitcoin like ones. The bitcoin mode of e-commerce can be applied directly. Is it possible for e-commerce to become a "harmonious" market without supervision? Social news magmavc has invested $400000 in getgems (formerly known as gems), a start-up project for decentralized social communications applications. File storage directly impacts and even subverts the traditional cloud computing architecture. Chain, a data API blockchain API service provider, has received a $9.5 million investment led by Khosla ventures. Wall Street's financial companies are investing in blockchain and seizing the beach. Visa, NASDAQ and Citigroup also invested in chain, an old Jinshan blockchain start-up, with a financing amount of US $30 million. In the financial field, what can blockchain do? Specifically, in the financial field, in addition to providing a trading platform for bitcoin, Jiuding investment believes that blockchain technology can also greatly improve various asset trading systems other than the existing digital currency. For example, it plays an important role in the post transaction market proceres such as the liquidation and settlement of financial derivatives, foreign exchange, private equity, energy credit linked investment procts and other assets. In terms of speed, the time required for settlement audit in the U.S. securities market is 2 to 3 days. The application of blockchain technology is expected to rece the settlement audit time from hour level to minute level or even second level, thus recing the settlement risk by 99%, and recing the capital cost and system risk. In the blockchain, transaction confirmation and settlement are carried out at the same time. After the node transaction is confirmed by the system, it is automatically written into the distributed ledger, and the corresponding distributed ledgers of all other nodes are updated at the same time. The automatic operation mechanism can greatly shorten the settlement cycle. In terms of expenses, under the current settlement mechanism, in order to achieve a shorter settlement cycle, it is necessary to increase the settlement cost and initial investment expenses significantly. The emergence of blockchain technology makes it possible to rece the settlement cycle more efficiently and quickly, and rece the transaction intermediate proceres, so as to save a lot of money, which is the market space of the related blockchain instry. In terms of security, the integration of blockchain technology into smart contract technology can process complex derivatives transactions programmatically, making clearing more standardized and automated. The time linear stacking feature of the block itself can help the regulators identify and discover illegal operations. At the same time, the smart contract can change the compliance inspection into automation and minimize the possibility of violation from the beginning of liquidation. The 24-hour uninterrupted operation of blockchain technology can also make the data exchange processing of Pan state exchange more stable and reliable. In addition to securities transaction settlement, blockchain can also be used to register and issue digital asset ownership. Blockchain technology can greatly enhance program automation, while smart contract can write many complex derivatives trading terms into the registration and issuance program supported by blockchain technology. When a transaction occurs, blockchain network can quickly and correctly execute. In November 2015, LINQ, a new blockchain technology project cooperated by Nasdaq and chain, has completed the first private equity transaction using the blockchain based issuance and trading platform. The application prospect of blockchain in the field of accounting has also attracted the attention of a large number of people in the instry. Accounting, auditing and compilation cost a lot for global enterprises and the four accounting firms. Automatic accounting based on blockchain technology can greatly rece the relevant costs. The company does not need to recruit special auditors to audit the account book, and all transactions can be stored in the internal blockchain. Due to the irreversibility and time stamp function of the blockchain, the external auditors and regulators of the four major accounting firms can monitor the company's account books in real time by tracking these blockchains. At the same time, the institutions can greatly rece the dependence on the auditors to audit financial transactions and make the audit business more efficient. With the increasing maturity and application expansion of blockchain technology, blockchain start-ups in developed countries have sprung up. At present, the world's leading blockchain companies generally focus on transaction, payment, clearing, Internet of things and other pain point businesses. Some companies have achieved a certain scale, and have developed a relatively clear business model. At the same time, many companies have extended their business in the blockchain instrial chain, covering payment, transaction, risk control, etc., making full use of the multi-point coordination effect. At present, Jiuding investment is also focusing on the projects and applications of various blockchain technologies.

2. Dash (English: dash) is a digital currency that supports real-time transactions and aims to protect users' privacy. It is based on bitcoin, and its unique two-layer network makes it more comprehensive for testing and updating. Just like using cash, dascoin can effectively protect your financial privacy in the process of transaction. As of August 2017, dash had a market value of US $2.1 billion (about RMB 14 billion in total) and remained in the top 10 of digital assets.

3. Their essence is digital assets based on blockchain technology<

first, dog money Innovation:

by introcing the essence of consensus in global dog culture, we are determined to become a digital currency for building interesting and friendly community relations<

application scenarios of dog coin:

charity refers to charity in Europe and America. Its concept is larger than that in China. In addition to helping the weak and the poor, any act of love and sharing from the heart is charity. For example, it is charity to subsidize a teenager to participate in the e-sports competition

reward - starting from rewarding editors or those who share excellent content and software works, dog coin will bring positive and far-reaching influence to the world by expressing gratitude, appreciation, friendliness and encouragement

characteristics of dog coin:

dog coin is a rare currency that has not experienced speculation, but its popularity has been good

in order to develop dog coin, we should promote it from "traditional means" to a large extent, such as cooperation with pet businesses<

Second, the application innovation of Dash:

anonymity - the anonymous sending of dash is completely untrusted, because no one can control the whole system, but the probability of problems is very low

by the way, many people think that digital currencies have anonymity, but the reality is just the opposite: most digital currencies do not have anonymity

bitcoin is a typical example of non anonymity. In the past seven years, all kinds of news reports have been misinformed, resulting in many people still think that bitcoin can be anonymous and even become the best tool for money laundering

invest in bitcoin. Unless hackers close their eyes, your wealth will be under their eyes

instant - dascoin has a lightning trading mode, called instantx, which can complete the transaction in a few seconds (usually only one second)
compared with bitcoin's 1-hour transaction completion time, dascoin's arrival speed is very fast

Security: it's natural to be anonymous. Its advanced encryption and two-layer network mode will bring strong security

decision making engine: dascoin's decentralized blockchain management system allows anyone to propose changes or upgrades to dascoin

whether it's legal, marketing or other suggestions, they can be directly submitted to the network through the blockchain. The selected proposal will pay 10% to the new block

the community votes on the proposal every month (only the node holder has the right to vote)

at least 10% more affirmative votes than negative votes are eligible, and there is competition between proposals. The monthly bonus is about 8000 dashes<

self sufficient budget system - budget system or self financing of dascoin allows anyone to provide their own budget and initiate a proposal on the development and publicity of dascoin

the budget system and decision engine make dascoin an independent, decentralized and autonomous currency

Yes, dash itself is probably the first decentralized autonomous organization (DAO) in the blockchain instry<

application scenario:
hope to make achievements in the field of anonymous investment, and strive to build a decentralized and sustainable anonymous financing mode

instant payment under certain demands, such as dascoin, has caught up with bitcoin and entered the ATM market through bitcoin

strictly speaking, bitcoin can't do zero confirmation transaction. It usually takes 3-6 confirmations for bitcoin to confirm a transaction once every 10 minutes before businesses can recognize the success of the transaction. (another factor is the limited capacity of bitcoin blockchain. When the transaction volume breaks out, many people will increase the handling charge, and miners will give priority to the transaction with high handling charge, And may cause your transfer to be delayed)

dascoin is not. Its instantx function can solve the problem of zero transaction trust, and the speed of reaching agreement in dascoin's master node network is amazing, which usually takes only one second

finally, bitcoin wallets are generally confirmed six times, and users will not be allowed to use the new money until one hour after it arrives, which is obviously not concive to the emergency needs of small transactions

therefore, for ATM services that need instant deposit and withdrawal, by eliminating business risks and greatly speeding up the speed of account arrival, dascoin has the upper hand<

other features:
anonymous sending uses the addresses in the very large address pool inside the wallet to confuse frequently

when anonymization is carried out, a large number of transactions will be generated in the background, which means that wallet files need to be backed up frequently

in order to ensure security, it is necessary to back up a new wallet file after each anonymous confusion

do not run wallet programs in different places at the same time. If you do this, you will have automatic anonymous synchronization, and the problem of "double flowers" will occur

dash, formerly known as darkcoin, was used by pyramid schemes because of its anonymity

the most serious case is "Liu Xiong's pyramid scheme with black money". In August 2014, the MLM organization hired a lot of staff to make the official website of "dark money", create a false online trading platform and start the operation of the website

in order to support the false "dark money" investment, the core figure of the MLM organization set up Dakang Intelligent Technology Co., Ltd. in Hong Kong, China

based on this, we take people to the headquarters of the company for investigation and study (every afternoon, consultants will give lectures to teach the concepts of "virtual currency", "dark currency" and other concepts, as well as marketing skills)

in just 8 months, 3 members of the Chinese mainland have developed more than 3 members (counting by accumulating accounts), and nearly 1 billion 500 million yuan has been accumulated. Although the fake "dark money" website established by this pyramid selling organization has nothing to do with the real "dark money", it only uses the reputation and value of "dark money" to make a lot of publicity, so as to achieve the purpose of confusing the public

however, there are still many people who do not know the real situation, and even suspect that the black money is involved in it. As a result, the dark coin had to be completely changed. English name, Chinese name, currency symbol, logo and official website domain name were all replaced

however, because the trial time of the case is very long, the case is still hot in the news after the replacement. Some people who don't know why changed the name of "Liu Xiong's pyramid selling case of dark coins" to "Liu Xiong's pyramid selling case of Dashi coins", which still cast a shadow on Dashi coins

this story tells us that the complexity of digital currency technology makes it impossible for the public to digest in a short time, so the confusion, confusion and danger in the early stage are inevitable

in addition, the number, activity and longevity of MLM organizations in China in recent years, as well as the amazing amount of money collected from MLM cases, not only remind people to be cautious in screening, but also illustrate the poor domestic environment and low efficiency of law enforcement

dascoin is the first of many competing currencies and the only cryptocurrency that has entered the bitcoin ATM market when I write here - that is, dascoin can be extracted from bitcoin ATMs
economist Ashe Whitner (currently working for europacific capital, a global network of more than 600 corporate governance expert groups, tax lawyers, trust advisers and portfolio managers to manage all B2B referral partners) made special mention of arriving at the world currency in an interview and said that in his opinion, Dascoin is a more perfect and flexible management system than bitcoin and most other cryptocurrencies

Ashe Whitner once met with the creator of dascoin, Evan Duffield. Through contact, he thought that Evan Duffield had a great plan here<

Third, integrity currency
Innovation: by introcing the essence of consensus in the credit reference culture, we can protect the credit rights and interests from infringement of digital currency

application scenario: credit investigation - credit transaction, digital assets generated by honest transaction
reward every person who cherishes credit through one visit, bringing positive and far-reaching influence to the world

features: honest currency is a currency that has not been hyped, but its popularity has always been good

to a large extent, it can be developed because under the condition of asymmetric information, everyone needs to open accounts to make information and data symmetrical, and more importantly, it needs regional centralization to ensure the capital security of each transaction

in order to eliminate the credit problem under the condition of information asymmetry.

4. I don't know about this. There are some Bashu procts I make

5. Real time transaction is based on the price effect at that time. You can only trade when the market reaches your price

6. That's it... Give up... Adopt me... I'm a senior miner. I don't have much demand now.... Unless it's up again... But is it possible? At the beginning, 100m was independent, dozens of kg a day
I'm only a few hundred k now, and after restart = 0
so I have to be stable... I didn't turn it off for a long time...

7. CPU display card is just an expression, there is no direct relationship between the two, but the problem of how much computing power the software requires CPU to achieve and how much computing power the software requires GPU to achieve. For example, Odyssey's highest image quality of 2K, 8700 with more than 3060 are not enough. For example, when the subway leaves 8700 with 3060, there is no bottle neck problem

8. In 2019, a MLM coin will be on sale.