Digital currency point to point
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
In 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
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
in daily use, what are the differences between digital currency and bank transfer payment? According to instry analysis, the digital currency launched by the central bank is a national sovereign currency, which is based on the digital currency of RMB. This is a piece of data generated by a complex algorithm, which contains blockchain and encryption technology, making it unique. The payment of Alipay and WeChat is not digital money, but only based on the payment realized by electronic accounts. Compared with the current pattern of "payment transfer collection" with the help of third-party payment, what digital currency needs to achieve is "decentralization", that is, to cancel the transfer link and directly hand over the money from the payer's account to the payee, so as to rece the payment cost in currency circulation
according to the introction, digital currency has the main characteristics of network packets. This kind of data package is composed of data code and identification code. The data code is the content we need to transmit, while the identification code indicates where the data package comes from and goes. That means every penny is traceable. The "trace" and "traceability" of digital currency can improve the convenience and transparency of economic transactions, and will curb money laundering, tax evasion and other criminal activities. At the same time, with the application of blockchain technology, a national or even global unified account book will be established, so that every sum of money can be traced. Tax evasion and money laundering will be within the scope of supervision, and it is even possible to realize automatic tax dection on the card machine
according to the introction, from the perspective of ordinary consumers, everyone may have two "wallets" in the future. In reality, the money in the wallet is used for emergency payment, while the wallet in the mobile phone can be directly used for consumption and payment without the "second hand" of third-party payment, so as to realize point-to-point payment and effectively rece costs, In theory, it will also change the existing payment system with banks as the main channel
even with digital currency, paper money will not end. There is a long process to launch digital currency, which can not replace paper currency immediately. Digital currency is only a change of form, and the scale of currency issuance is still controlled by the central bank, so the purchasing power of paper money will not be affected in the short term.
Jybusd: the lucky dollar is a kind of digital currency, but it has been proved to be a kind of digital currency fraud
digital currency investment needs to pay attention to the following matters:
1. Regular security platform
we must trade through regular digital currency investment platform. If we want to trade through digital currency investment, we can choose digital currency with business license and corresponding company service telephone, which will be relatively safe
2, a small amount of capital investment
investment in digital currency investment leverage investment risk is greater, novice early do not blindly pursue money and profit, can survive in this investment market is the most critical. At the same time, in order to prevent the loss of too much money after being cheated, we must keep an optimistic attitude according to our own situation, and we must participate in a small amount of money to rece the investment risk
3. If you are cheated, report to the police in time. Although the police may not help, but at least let the police on record, so as to recover the loss also has a certain help
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extended data :
common digital currency:
1, bitcoin (BTC)
bitcoin the concept of bitcoin was first proposed by Nakamoto in 2009, which is a P2P digital currency based on SHA-256 algorithm. Point-to-point transmission means a decentralized payment system, The total issue amount is 21 million
2. Ethereum (ETH)
Ethereum is a public blockchain with smart contract function, and its founder is vitalik buterin
3. XRP
ripple is a decentralized asset transmission network, which is used to solve the asset conversion and trust problems between financial institutions and users
4. Bitcoin cash (BCH)
BCH is a kind of hard bifurcated bitcoin, which modifies the code of bitcoin, supports large blocks, and does not include segwit. To solve the problem of capacity expansion
5. Lightcoin (LTC)
lightcoin is derived from bitcoin, and its founder, Li Qiwei, went online on June 22, 2017
6. Dash
changed its name to dash after its original name was darkcoin. It is a digital currency that supports real-time transactions and aims at protecting users' privacy. Based on bitcoin, its unique two-layer network can make it more comprehensive for testing and updating
7. Xem
Xinjing coin is a new type of digital virtual coin based on Java, which adopts a new synchronous solution based on POI of proof of importance, and is said to be the first encrypted coin to realize multi signature at the block chain level
Small ant stock (NEO)Neo, using blockchain technology and digital identity for asset digitization, using intelligent contract for automatic management of digital assets, realizes a distributed network of "intelligent economy". In June 2015, GitHub launched a real-time open source project in 2014, with a total amount of 100 million. Founder Da Hongfei, Zhang Zhengwen
9. Monroe is a new generation of virtual currency based on cryptonote protocol and dedicated to privacy protection
Second, OTC trading is relatively simple and flexible, meeting the needs of investors
thirdly, with the development of computer and network technology, the over-the-counter trading is constantly improving, and its efficiency is comparable to that of the floor trading< Fourthly, the transaction cost is low. Because the buyers and sellers trade directly without brokerage service, their commission is much less than that in other markets
the fifth point is to improve the confidentiality mechanism. Because there is no need to go through a broker, it is concive to anonymous transactions and keep the confidentiality of transactions< The sixth point does not affect the securities market. If block trading is carried out in the stock exchange, it may have a greater impact on the price of the stock market
the seventh point is that the information of the whole platform is sensitive and transactions are fast
peer to peer trading is like a green rose outside the window, a hope growing in the wind and rain. How can we say that opportunities are coming? In fact, the purpose of supervision is nothing more than that the exchange does not have any national certification as the basis, and a large amount of funds are stored on the platform, which can not avoid the risk of running the exchange. But the point-to-point does not exist, and the funds no longer gather on the platform. Is it necessary for the operators to run without money? It can be imagined that many people in this situation want to throw money, but the platform is not allowed to go up. There are countless coins that want to be sold at a low price, so what should we do? At that time, we went to the point-to-point trading platform and sold it at a low price. People with vision went to develop a point-to-point trading platform. In troubled times, there was another opportunity to make wealth
the development of point-to-point trading platform many people think that the digital assets represented by bitcoin are the inevitable proct of the development of Internet technology and the largest practice of blockchain technology at present. Bitcoin's blockchain network may become the underlying network of other public chains, which may have a far-reaching impact on the real economy. Even if the report is true, it is still legal to hold and trade bitcoin in China. There is no need to panic excessively. Bitcoin can still be traded and realized in a point-to-point manner. The progress of technology in the world can not be stopped. China has occupied a certain leading edge in the development of blockchain. I believe that China will also be at the forefront of the world in the future.
1. Legal digital currency: in essence, it is still the debt issued by the central bank to the public, which belongs to a form of digital currency. Legal digital currency should be the digital currency with legal status, which is the main body responsible for the issuance of national sovereignty.
2. Digital currency: virtual currency is represented by bitcoin and ether currency, which is not issued by central institutions, It has the characteristics of anonymity. It is not under the existing legislation, so it can not be recognized as money and has no monetary value.