How do individuals create digital currency

As of 2019, the digital currency seminar of the people's Bank of China was held in Beijing to further clarify the strategic objectives of the central bank's issuance of digital currency, do a good job in tackling key technologies, study the multi scenario application of digital currency, and strive to launch the digital currency issued by the central bank as soon as possible. At present, it is under study, and many problems need to be improved slowly

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

in addition, the virtual currency based on blockchain technology is usually held by a few people at the beginning. For example, the first purchase of bitcoin in May 2010 was $25 pizza purchased by 10000 BTC, and the price of each bitcoin rose to $1200 in more than three years by the end of 2013

During Iwasaki's lifetime, the Meiji government once purchased a steamboat for Mitsubishi company and provided supplementary funds to help the struggling Mitsubishi company. However, the Meiji Government prohibited Mitsubishi from developing any business other than shipping. The only exception is that the Meiji government also allowed Mitsubishi to develop maritime related businesses, such as coal mine development, which can be used for maritime transportation
mitaro has paid attention to Gao coal mine in Kyushu for a long time. The high island coal mine was first mined by the British, Gulliver. Gulefei is a famous "God of death", he is the director of Nagasaki agency of Jiading Madison company. In 1873, in order to avoid the manipulation of foreign capital, the Japanese government changed the mining instry to government-owned. It was later sold to Kojiro goto in September 1874. Houteng xiangerlang did not change his loose management attitude, and his debts became more and more. Finally, Fukuzawa Yukichi intervened and asked mitaro to buy Gao coal mine in March 1881. The mine later became Mitsubishi's cash cow at the same time as Jigang mine. Mitaro is very enterprising and actively expands his business scope. In July of that year, the meeting of promoters for the establishment of marine insurance companies was held in Tokyo. This was originally a kind of company set up by the former princes and civil servants to raise funds for Quanlu bonds (bonds issued in 1876 to compensate the salaries of the Chinese, gentry and other hereditary nobles). The general agent of the company was shizawa Rongyi. Seize's calculation is that Mitsubishi will be the company's biggest customer and must be wooed. He took the initiative to negotiate with mitaro. Mitaro had already felt the urgency of the marine insurance instry. Therefore, of the 600000 yen capital of Tokyo Marine Insurance Company, 110000 came from mitaro. Mitaro became the largest shareholder, but turned the marine insurance company into a company that he could control< In 1881, mitaro iwazaki founded Meiji Life Insurance Company, the first life insurance company in Japan. In addition, in order to better compete with the P.O. steamship company in the UK, mitaro, with the full support of his younger brother mitaro, started the Tokyo Osaka documentary finance business. In April 1880, Mitsubishi exchange, with a capital investment of 1 million yen, officially opened. Since then, mitaro has established Mitsubishi Bank on the basis of these companies
because the government has banned Mitsubishi from engaging in other businesses outside the shipping instry, mitaro has tried every means to set up and operate some promising companies in the name of subsidiary businesses of the shipping instry, which has laid the foundation for Mitsubishi to move towards enterprise alliance and "land kingdom" in various aspects. After the death of mitaro, mitaro's successors, in line with the spirit of Iwasaki, made Mitsubishi move step by step towards a large, organized and modernized enterprise alliance. Mitarao's first successor was his brother mitarao. After returning from studying in the United States, mitsuke immediately joined the Mitsubishi chamber of Commerce as the vice president to assist Mitsuro. In 1874, mitsuke married his eldest daughter, Zaomiao. In Mitsubishi's leadership, only mitarao has stayed abroad. Therefore, only mitarao can plan the company's strategy and strategy in a new way of thinking. Mitarao attaches great importance to him. When mitsuke became president, the Mitsubishi chamber of Commerce was in an extreme predicament. As mentioned earlier, mitsuke boldly decided to merge his shipping company (the main body of Mitsubishi chamber of Commerce) with the joint company to establish Japan Post shipping company, and skillfully transferred the control of the new company from the other party to the hands of Mitsubishi first generation
because the main body of Mitsubishi, namely the shipping company, has been separated, mitsuzuki is preparing to transform "Mitsubishi of the sea" into "Mitsubishi of the land" on the basis of the coal mining instry, copper mining instry and shipbuilding instry of the former subsidiary Mitsubishi. He changed the name of the original Mitsubishi company to Mitsubishi society. At the same time, because the address of the original company had been transferred to Japan Post shipping company, mizuke also moved the headquarters of the new company to hamamachi, Lingan island near yutanakawa, and then applied to the official for business registration again
mizuke made a rule for the new company Mitsubishi: the company's staff's advance and retreat and business execution, regardless of the size of the matter, are all decided by the president, and employees are not allowed to make their own decisions. This completely inherited the concept of "one enterprise" and the organization of "President dictatorship" in the "company regulations" formulated by mitaro. However, in the actual operation, mitsuke's practice is different from that of his brother mitaro. He is better at listening to the opinions and suggestions of his subordinates than mitaro. He is not so arbitrary as mitaro
the Gao coal mine purchased in the mitarao era is the pillar of Mitsubishi society. In 1889, mitsuke bought Xinru coal mine and LiuTian coal mine, then operated Zhufeng coal mine, and applied the new technology of coal mining and transportation to his coal mine business. In addition to coal mining, mitsuke is also committed to the operation of metal mining. He bought mining instries such as weiquze, Shengye, zou, Qifeng and miangu, and laid tunnels and rails for them. He used Balton water wheel, Hamilton mill, water jacket smelting furnace and other facilities. It is precisely because he boldly promoted various technological innovations and improved proctivity. Finally, the coal and copper mining instry will become the largest source of income for Mitsubishi in mizuke era
Mi Zhizhu was not satisfied. He used the income from mining to invest in shipbuilding. In 1884, the Japanese government rented the Nagasaki shipyard, which had been in deficit, to Mitsubishi. At that time, the Meiji government, which was partial to Mitsubishi (Mitsubishi's rival), rented Nagasaki shipyard to Mitsubishi, not to help Mitsubishi, but to send a burden to Mitsubishi to weaken the competitiveness between Mitsubishi and Mitsubishi< In June 1884, Mitsubishi decided to lease Nagasaki shipyard. Three years later, mitsuke applied to the government to stop the lease and buy the shipyard directly. He hoped to take shipbuilding instry as the core business of revitalizing Mitsubishi society
the Meiji government quickly approved the application of Mizuki, because the Meiji government has invested 1.13 million yen in Nagasaki shipyard, and there is no sign of turning from loss to profit. Now, Mitsubishi is willing to buy it for 450000 yen. Why not? Mizhu was not impulsive to buy the shipyard either. He skillfully negotiated with the government to obtain the transfer right of the shipyard by paying 459000 yen in five years, and then applied for the return of the shipyard with 10% interest per year in cash, that is, 910170 yen per year. In this way, Mitsubishi can find a big bargain. Mizuki made Nagasaki shipyard "the largest shipyard in the East". Kobe shipyard was opened in 1905. At that time, it was said that mitsuke "mastered the Japanese postal and shipping company with his right hand, set up a shipyard with his left hand, and absorbed the capital of the shipping instry. The skill is really amazing."
in addition to the mining and shipbuilding instries, the banking instry has also been the focus of mizuke. After the merger of Mitsubishi's shipping company and joint company, the Japanese government changed its previous policy towards Mitsubishi and allowed it to develop in the banking instry. At that time, the banks were all known as national banks. In fact, they were purely private banks, but they did not have the right to issue silver coins. Later, because of the change of conditions, the national bank can obtain huge benefits. As a result, a total of 151 banks sprang up to issue banknotes, causing great confusion. At that time, the 119th and 49th banks were on the verge of bankruptcy, so they asked for help. As the investors of the two banks were founded by a group of old samurai, mizuke, who was born in a declining Samurai family, was said to have deep sympathy for this and had a "chivalrous heart" to save people, so he took over the business. Of course, although he is bold, he is not careless. He predicted that the prospect of the banking instry is very good, and calculated the careful plan after taking over, and then began to take action. He took the commodities deposited in Mitsubishi Tokyo warehouse company as guarantee to carry out "commodity guarantee finance", which ensured the bank's profit
mitsuke later appointed his prudent and capable cousin, Liangping FengChuan, as the chairman of the bank. Not only was he very active in the financial circles, but most of the famous Japanese politicians at that time were his friends. At the same time, he also insisted on the policy of helping others, and dared to seek development cautiously in the face of difficulties and dangers. Therefore, even after 1895, the Bank of Mitsubishi was more stable than other banks and got rid of the trouble quickly
mining, shipbuilding and banking are the three pillars of Mitsubishi's revitalization. On this basis, mitsuzuki has continuously expanded its business to real estate, comprehensive business, railway, electric machinery, heavy instry, paper making, glass, beer, etc
in Marunouchi, in front of the imperial residence in Tokyo, Japan, there are many buildings of Mitsubishi society. The place used to be a training ground full of weeds. The Japanese government sold it to Mitsubishi in 1889. The land of 135000 square meters sold for 1.5 million yuan, so each square meter is worth about 11 yuan and 10 cents. At that time, the highest land price was Qu Ting, which was only 2.34 yuan per ping. Because the price is exorbitant and the land is sold in bulk, no one will pay attention to this land. However, when he was young, mitsuke, who had traveled abroad and seen many beautiful metropolises, had his own plans in mind. He bought the land quickly. Many people are either surprised or sneer at the decision of mitsuzuki: "what's the use of buying such a large piece of land?" Mi Zhizhu just gave a faint smile to these people, or casually replied: "no purpose, just want to grow bamboo and raise tigers." Having said that, he was not idle. Mitsuzuki started to build a modern office building in this area called "the origin of Mitsubishi". He abandoned the traditional wooden houses in Japan and replaced them with stone, brick and other western building materials. In terms of the folk customs at that time, it was a pioneering work for the first time. Later, the office street was named "one London". The beautiful red bricks used in the building not only attract people from Tokyo, but also visitors from all over the world. In addition, mizuke also invested in the new land of Haipu in Ji Bay of Gangshan, the forest planting of ganyeyinfan and the farmland of Niigata. He also partnered with others to buy a large plain in the Iwate mountain area, and named it after several people. Mizuke's attention to land became the foundation for the formation of Mitsubishi real estate. Mizuke is also interested in investing in railways. Most of the railways in Japan today were laid by civilians in the Meiji era. In addition to the Japanese railway developed in mitarao's time (today's northeast line in Japan), mitarato also invested in the construction of Shanyang Railway (Shanyang line) and Kyushu Railway (Kagoshima line and Nagasaki line). The railway instry can not only transport coal mines, but also be the main consumers of coal mines
mizuke pays special attention to improving the technology made in Japan. Under the guidance and support of mizuke, Nagasaki shipyard has made full efforts to manufacture the first turbine made in Japan. Due to the appearance of steam turbine made by Nagasaki shipyard, Mitsubishi internal combustion engine manufacturing instry and Mitsubishi Electric Instry soon separated from shipbuilding instry, and graally formed Mitsubishi Heavy Instry< As early as 1889, mizuke was optimistic about the development of paper instry. He first sponsored the Kobe paper mill company set up by the Washoe brothers, and later bought that company, which is the origin of Mitsubishi paper instry. Mizuke sent his third son, junmi, to London to study applied chemistry. After returning home, mizuke founded a glass instry,

Why develop digital currency? From the perspective of the central bank, there are six advantages:

first, to improve the convenience and transparency of economic transactions; second, to rece the high cost of the issuance and circulation of traditional paper money; third, to better support economic and social development; fourth, to help the comprehensive realization of Inclusive Finance; fifth, to rece money laundering, to promote the development of the economy and society Sixth, improve the central bank's control over money supply and circulation

steps of digital currency development:

the first step,

first, we need to download the source code of a blockchain system from git, such as choosing the backbone code of bitcoin to download the relevant source code

the second step and

code all need to be compiled, so you need to prepare the compilation environment and tools, download the environment compilation tools, configure

system environment variables, QT environment and other files, and compile commands are described in detail in the files in ITC source code

however, the construction of the system and development environment, program compilation and other processes are cumbersome, so it is not recommended for ordinary users to make their own. For developers, it may take 2-3 days to install and configure for the first time

the third step,

take bitcoin development as an example, it is the development environment of Q. after downloading the source code and configuring the environment, open the source code of the bitcoin core in qtcreator, configure relevant files and compilers, and start to try to compile the client of the bitcoin core

Step 4,

transform into your own digital currency, open each source file, find the corresponding local adjustment parameters, such as adjusting

the number of coins in each block, the total output, the adjustment difficulty, and so on. Then the most critical point is to change the name to your own currency

name as you want, and don't forget to replace the related icons in the resource folder. If all goes well, after re compiling, your new coin will be invented successfully

for the development of this digital currency, the technology is relatively professional, so it is better to have a professional team to assist

framework for digital currency development:

1. Build Ethereum private chain test environment and public chain node environment configuration

2. Ethereum transaction and confirmation principle

3. Ethereum JSON RPC interface

4. Ethereum transfer and withdrawal principle

5. The server connects Ethereum public chain interface, and its own server stores business data, Public chain storage transaction anonymous data

6, private key security processing

the following is the development code example:

for example, the common digital currency wallets in the market are:

app class: kcash Imtokenweb: myethereumwallet Google browser plug-in: metamask

one of the most commonly used is imtoken

blockchain transaction technology concept:

let's take a look at how blockchain transaction is handled with bitcoin as an example. In order to send a certain amount of bitcoin to another wallet, you need the following information: the address to send the funds to your wallet, the amount of cryptocurrency you want to send

the ID of the recipient's wallet

each transaction is signed with a unique confidential private key. Once the payment is signed by the sender, it becomes publicly available. The transaction still needs to be confirmed so that the payee can get the money. In order to confirm the transaction, it is necessary to generate a new chain block

these blocks are generated by complex mathematical calculation to find the unique key. It takes 10 minutes to create a new block, and the person who finds the key gets a certain amount of coins as a reward. Once a new block of the chain is created, it is not possible to remove it from the database or change the information in some way. Therefore, blockchain transaction is final and irreversible

three core advantages of digital currency:

first, digital currency is a fair currency

digital currency has no specific issuing institution, is not issued by a country, only depends on a specific algorithm, which means that digital currency can not be manipulated by manipulating the number of issues, so digital currency is a free, non-state currency

we can see that there are many countries that directly recognize the virtual currency, so if there is a demand, it needs a trading platform

many investors who want to build a virtual currency trading platform now, why can't they go to these areas to build a trading platform? Building a virtual currency trading platform is a good business opportunity, isn't it

although the emergence of paper money facilitates the transactions in our daily life, there are risks of being stolen and received. Although e-money can avoid these risks, there will be new problems such as theft and swiping

digital currency can avoid the above problems. And broadcast every transaction record on the network. Yes, all nodes save all the currency circulation information, so that any node can easily find the currency circulation before the transaction

but we can't know who the owner of this account is, and no one has the ability to manipulate the digital currency on other people's accounts, which protects the privacy of users

if you also hold trading digital currency, foreign exchange gold, crude oil, contract Futures: