Digital cryptocurrency transfer

1.

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

2. The above answer is too unprofessional. The international trading market is definitely authoritative. The Shanzhai currency, which can't be listed in the international market, is a short market for making money. Only the crypto digital currency which is really listed in the international market, is the real currency that will never be shut down. As for when the price rises, it all depends on the relationship between market supply and demand, because no one can control it because of decentralization!

3.

Digital cryptocurrency is a kind of currency that is not issued by legal tender institutions and controlled by the central bank. It is based on the open source code of a group of equations calculated by computers all over the world, and is generated by a large number of calculation processing of computer graphics card and CPU. It uses the design of cryptography to ensure the security of all aspects of currency circulation

development materials:

1. definition of digital currency:

   digital currency is abbreviated as digiccy, which is the abbreviation of "digital currency" in English and the alternative currency in the form of electronic currency. Both digital gold coin and cryptocurrency belong to digiccy< br />

   

4. Cryptocurrency is not issued by legal tender institutions and is not controlled by the central bank.

5.

bitcoin (BTC)

issue date: 2009

market value: US $163 billion

advantage: as the first cryptocurrency issued, bitcoin is the world's largest and most popular blockchain network and the most experienced cryptocurrency that can resist hacker attacks

disadvantage: the increasing demand brings great pressure to bitcoin network, which makes the transaction cost high. The system can only process about seven transactions per second, but its power consumption is amazing. This is mainly e to its workload proof mechanism and consensus principle, which makes mining become a labor-intensive activity

eth

release date: 2015

market value: US $70 billion

advantage: its built-in programming language allows developers to write their own smart contract computer programs running on the blockchain. So far, most of the first token sales are based on Ethereum's smart contracts

Disadvantages: Ethereum also uses the consistency protocol of workload proof, so it is relatively slow and consumes a lot of power. Many early smart contracts are vulnerable to hacker attacks, and the development of smart contract security is still immature

XRP

issue time: 2012

market value: US $32 billion

advantage: XRP claims that its XRP cryptocurrency can become the "bridge currency" of major financial institutions, and can settle cross-border payments more quickly and at lower cost. Ruibo uses a new consistency protocol, which can achieve faster transactions, faster than t-coin and Ethereum

disadvantages: as a private company, Ruibo has important control over the system, some people think that XRP is not decentralized enough, which is in contrast to bitcoin, which anyone can mine

bitcoin cash (BCH)

issue time: 2017

market value: US $19 billion

advantage: this kind of currency is a "hard fork" of bitcoin, and its founder has adjusted compared with bitcoin, so that it can handle a larger transaction volume

disadvantage: critics say bitcoin cash is too centralized - a few miners create most of the money

lightcoin (LTC)

time of issue: 2011

market value: US $10 billion

advantage: lightcoin is a kind of "alternative currency" - almost a clone of bitcoin, but there are still several differences. Lightcoin processes transactions four times faster than bitcoin, and the mining process remains open to amateurs - very different from bitcoin, because bitcoin's professional miners use expensive hardware

disadvantages: although it is faster than bitcoin, lightcoin is still too slow and consumes a lot of power. These factors make it unable to become an ideal payment method, and there is another disadvantage: it is not very famous

recommend an article: brief introction of the top 100 currencies in the market value ranking of digital currency. This article summarizes the brief introction of the top 100 currencies in the market value ranking (according to the market value ranking of coinmarket cap on July 30, 2018), hoping to be helpful to friends who have just entered the currency circle

6. The answer is yes
when transferring money, the receiver only needs to send the address of the wallet to the other party, and the other party can transfer the digital currency to the address. When trading in the exchange, the user should also enter the digital currency into the address designated by the exchange, that is, the wallet, to complete the transaction. At the time of withdrawal, the exchange will also enter the digital currency into the user's wallet address accordingly. This is how the money should be transferred to the wallet.

7. R-coin is a kind of counterfeit currency. In 2014, a brand-new currency payment system (rise coin. RC) was developed, and RC also showed the following features α Coefficient α Coefficient formula, public cloud computer., In February 2015, it started mining all over the world. The total number is only 100 million. These currencies need to be mined in order to obtain them. It takes 20 years in total to decrease year by year. In 2015, riseoin exchange received US $50 million (unconfirmed) venture capital from d.c.m

at present, biter, bitcoin era and jucoin network, the mainstream Shanzhai currency trading platforms in China, do not support its trading, and most of the foreign Shanzhai currency platforms do not support its trading. At present, only one trading platform in Singapore supports its trading. Claiming to be the third generation of digital cryptocurrency.

8. Digital cryptocurrency generally refers to the currency that can obtain certain rewards by solving encryption problems through computers. These currencies are generally open source and the information is open and transparent. Bitcoin is the most typical example. Others like Ruitai coin, Laite coin, dog coin, thousand gold card and so on.

9. You have been identified as a fraud, how can it be cryptocurrency. Renren coin has long been questioned by a large number of players in China, questioning its operation mode and other information. However, so far there is no direct evidence that it is a pyramid scheme. However, it is recommended to stay away. If you are interested in digital currency, you can pay attention to bitcoin, Ruitai coin, Laite coin and other mainstream digital currencies.

10. Xinyuan.com was officially launched, and the amazing increase in trading volume less than a week also proved that the potential of postal card currency in the future can not be underestimated.