Currency exchange digital currency
1、 Different definitions:
1. virtual currency:
virtual currency refers to non real currency
digital currency:digital currency is an alternative currency in the form of electronic currency. Both digital gold coin and cryptocurrency belong to digiccy
3. Cryptocurrency:
cryptocurrency is a kind of transaction medium that uses cryptography principles to ensure transaction security and control the creation of transaction units
4. Token (token):
a kind of article whose shape and size are similar to currency, but the scope of use is limited and has no currency effect, and its token is the homonym of token in English
Second, the characteristics are different:1; It can also be said that virtual currency is personalized currency. In another way, it can also be called information currency
2. Digital currency:
is an unregulated and digital currency, which is usually issued and managed by developers and accepted and used by members of specific virtual communities
Cryptocurrency:cryptocurrency is based on the decentralized consensus mechanism, which is opposite to the banking and financial system relying on the centralized regulatory system
4. Token (token):
usually needs to be exchanged for money, used in shops, playgrounds, mass transportation and other places, as a voucher to use services and exchange goods
extended data
at present, digital currency is more like an investment proct, because it lacks a strong guarantee agency to maintain its price stability, and its role as a value measure has not yet appeared, so it can not be used as a means of payment. As an investment proct, digital currency cannot develop without trading platform, operating company and investment company
digital currency is a double-edged sword. On the one hand, the blockchain technology it relies on has been decentralized and can be used in other fields except digital currency, which is one of the reasons why bitcoin is popular; On the other hand, if digital currency is widely used by the public as a kind of currency, it will have a huge impact on the effectiveness of monetary policy, financial infrastructure, financial market and financial stability
1. The concept range is different. Bitcoin is a kind of digital currency, and the concept of digital currency covers bitcoin
However, some digital currencies have independent issuers The biggest difference between bitcoin and other virtual currencies is that the total quantity 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 milliondigital currency is abbreviated as digiccy, which is the abbreviation of "digital currency" in English. It is an alternative currency in the form of electronic currency. Both digital gold coin and cryptocurrency belong to digiccy. Bitcoin is a digital currency
digital currency is different from the virtual currency in the virtual world, because it can be used for real goods and services transactions, not limited to online games. The early digital currency (digital gold currency) is a form of electronic currency named after the weight of gold
today's digital currencies, such as bitcoin, lettercoin and ppcoin, are electronic currencies created, issued and circulated by means of check sum cryptography. It is characterized by the use of P2P peer-to-peer network technology to issue, manage and circulate currency. In theory, it avoids bureaucratic examination and approval, so that everyone has the right to issue currency
illegal digital currency
in recent years, "virtual currency" represented by bitcoin, Ethernet currency and Leyte currency has been traded centrally on some Internet platforms. With the help of financial technology, the price of these "currencies" has graally spread to investment, financing and other financial fields, which has aroused wide attention from all walks of life
not long ago, the people's Bank of China and other seven ministries and commissions jointly issued the announcement on preventing the financing risk of token issuance, which clearly regulated the relevant behaviors. Experts pointed out that "virtual currency" is not legal tender (legal currency) issued by monetary authorities, but a specific virtual commodity in essence
therefore, it is undoubtedly a great legal and economic risk to think that "virtual currency" has or will have the nature of legal tender and to carry out speculation, network fund-raising, lending and financing
Digital currency is a kind of legal tender, which must be issued by the central bank. Both digital gold coin and cryptocurrency belong to digital currency, which is not a network virtual currency, because it is not limited to virtual space, but is often used for real goods and services transactions, such as bitcoin, Wright coin, bitstock, etc. at present, there are thousands of digital currencies issued around the world
extended data:
1. Impact on financial infrastructure
the decentralized mechanism of value exchange based on distributed ledger technology has changed the basic settings of gross and net settlement on which financial market infrastructure depends. The use of distributed ledgers also poses challenges to trading, clearing and settlement, as it promotes the disintermediation of traditional service providers in different markets and infrastructures. These changes may have potential impacts on market infrastructure other than retail payment systems, such as large payment systems, securities settlement systems or trading databases
If digital currency and distributed ledger based technology are widely used, it will bring challenges to the intermediary role of financial system participants, especially banks. As a financial intermediary, banks perform the ties of acting supervisors and supervise borrowers on behalf of depositors. Usually, banks also carry out liquidity and maturity conversion business to realize the financing from depositors to borrowers. If digital currency and distributed ledger are widely used, any subsequent disintermediation may have an impact on savings or credit evaluation mechanismsIn the digital currency market, the X after each coin represents an unknown probability of a growth value of each bitcoin; Digital currency is usually issued and managed by developers and accepted and used by members of a specific virtual community
The digital representation of value is not issued by the central bank or authority, and has nothing to do with fiat money, but because it is accepted by the public, it can be used as a means of payment, or it can be transferred, stored or traded electronically At the present stage, digital currency is more like an investment proct, because there is no strong guarantee institution to maintain its price stability, and its value measurement function has not been shown, nor can it be used as a means of payment. As an investment proct, digital currency cannot develop without trading platform, operating company and investors
extended information:
features of digital currency:
low transaction cost: compared with traditional bank transfer, remittance and other methods, digital currency transaction does not need to pay fees to a third party, and the transaction cost is lower, especially compared with cross-border payment, Cross border payment to payment service providers costs more
fast transaction speed: the blockchain technology used in digital currency is decentralized, and it does not need any centralized institutions such as clearing center to process data, so the transaction processing speed is faster
high anonymity: in addition to the physical form of money intermediary participation can achieve point-to-point transactions, one of the advantages of digital currency compared with other electronic payment is that it supports remote point-to-point payment, it does not need any trusted third party mediation, and both parties can complete the transaction in a completely unfamiliar situation without mutual trust, which is higher anonymity
2. Shanzhai coin is called Shanzhai coin because it has many similarities with mainstream coin in technical mode. Shanzhai coin also has its own real project, which is based on the underlying technology of blockchain and is implemented according to the plan of its white paper. The common counterfeit coins are EOS and BTM
3. Generally speaking, there is only one white paper that looks very strong. However, in the actual development, there may not be any procts or business landing. People just want to make money. However, the current laws and regulations have no way to take it, using formal means to achieve the goal of money. Hero chain, superstar, space chain and so on Welcome to the previous articles of chain horse: it has dropped from 2.6 yuan to 0.1449 yuan, breaking 18 times in six months, and the routine of air currency can't be prevented)
4. MLM currency, in the name of blockchain, has nothing to do with blockchain. The currency he issued can't be found on the Internet, and it's completely internal control. Usually, people will build their own trading platform, and then the K-line of the coin will always rise, telling investors that our future value will exceed bitcoin.
1. The market depth of a digital currency, such as bitcoin and Leyte, is very deep
2. The application scenarios of a digital currency, for example, the digital currency on the coin Ying China platform will correspond to the corresponding physical assets, which are regarded as the digital currency of assets
3. The social recognition of a digital currency, bitcoin, has been widely recognized in the world
What do you mean by value? Put aside the phenomenon to see the essence, it is not gold, is a pile of characters, at present may be the so-called value is fried money, waiting for the next dish man high price take away! I do related services for blockchain projects. When we meet powerful customers who issue coins, even we will buy some. There are too many kinds on the market. I'll teach you to simply distinguish them. After all, they can filter out a large amount of junk money
what is the main body of issuing digital currency
are the relevant legal documents complete
have you ever prepared a case
what kind of exchange is it
what is the publicity effort
How about the packing
this method can be used to judge a lot of tokens. The strength is all reflected in the issuing of coins, one day, one place. Let's not say what the market will be like in the future. Even if it's money circling and running, the one with more investment will run slowly, and even if it's done well, it won't run in the long run
bitcoin is so powerful. Behind it is how many powerful consortia have smashed such a thing through years of promotion and money burning. In the short term, almost no virtual currency can replace its position.
or use the USB flash drive to check if it is normal