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Encrypted digital currency regional chain

Publish: 2021-05-06 19:29:31
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.

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 />

3. If you look closely at these two fields, you will find that they have begun to develop away from each other. Although digital currency is technically inseparable from blockchain, blockchain technology is not limited to digital currency. It is favored by various technical companies in terms of proct traceability, data transparency and distributed consensus. So what impact does the central bank's entry into digital currency have on the blockchain instry, It's not going to change much. At present, the ant gold clothing behind Alipay is the largest patent application company in the global block chain.
what benefits most from this is the domestic currency circle. In 2017, digital currency and related fund-raising activities were banned in China, which is quite negative in the eyes of ordinary people. In fact, the central bank's initiative to explore into cryptocurrency is the recognition of the core concept of digital currency. With this incentive, domestic enterprises will actively enter the instry and inject fresh blood into the instry, which is the most important
about this, you can see the reports of blockchain media, such as golden finance, coin easy to know column, chain news and so on.
4. Decentralized, open and transparent payment and collection technology. If you don't understand, I'll take you to make one. Completely free blockchain digital currency.
5. 1. Blockchain is an account book for recording digital currency transactions

taking bitcoin as an example, it does not have an entity form, but exists in a special account book. All bitcoin transactions are recorded in the ledger. Through the transaction records, we can calculate the number of bitcoins owned by each user. If a person owns bitcoin, it means that he can find the relevant transaction records in the ledger

the ledger mentioned here is a software that we can download from bitcoin's official website, and the underlying technology used in this software is blockchain. In order to facilitate understanding, we usually say that blockchain is the ledger

the reason why blockchain is used as the underlying technology of ledger is to realize the feature of digital currency decentralization. It can be said that the starting point of a series of problems and solutions of digital currency comes from decentralization
2. Blockchain is a technology to ensure the safe use of digital currency. As we all know, blockchain technology has the characteristics of encryption and non tampering, which can rece the probability of errors in the use of digital currency to 0. Because digital currency requires higher encryption, it must be supported by blockchain technology. At present, not only many instries in China are using blockchain technology, but also many foreign countries are actively using blockchain technology.
6. Make complaints about the learning ability of a cheater. The new technology is always the master of learning ability.
7. Blockchain encryption algorithm
asymmetric encryption algorithm is a function that converts the original plaintext file or data into a series of unreadable ciphertext codes by using an encryption key. The encryption process is irreversible. Only holding the corresponding decryption key can the encrypted information be decrypted into readable plaintext. Encryption enables private data to be transmitted through the public network under the condition of low risk, and protects the data from being stolen and read by the third party
the core advantage of blockchain technology is decentralization, which can realize point-to-point transaction, coordination and cooperation based on decentralized credit in a distributed system without mutual trust by means of data encryption, time stamp, distributed consensus and economic incentive, so as to solve the high cost and low cost of centralized institutions Low efficiency and data storage insecurity provide solutions
the application fields of blockchain include digital currency, token, finance, anti-counterfeiting traceability, privacy protection, supply chain, entertainment, etc. with the popularity of blockchain and bitcoin, many related top domain names have been registered, which has a great impact on the domain name instry.
8. The above formula is not perfect, because the direction of wind speed is not necessarily perpendicular to the action surface θ
F= ρ S(v*sin θ)^ 2
the formula is deced as follows:
consider the case that the wind speed is perpendicular to the action surface first
take the cross section of the wind as s and the length as S Δ x( Δ x-> 0), and the velocity before the wind contacts the action surface is v Δ x=v Δ T
the mass of the air column is Δ m= ρ S Δ x= ρ Sv Δ T
because the mass of the air column is very small, when it collides with the action surface, it will move along the action surface, that is, its velocity perpendicular to the action surface is 0 Δ t=0-(- Δ MV)
i.e. F Δ t= ρ Sv Δ t*v
F= ρ When the wind speed is not perpendicular to the action surface, the velocity is divided into the direction of the vertical action surface and the direction parallel to the action surface. Since the component parallel to the action surface will not generate force with the action surface, the final wind force is only the component perpendicular to the action surface, which is v * sin θ, Substituting this formula into (*) to get
F= ρ S(v*sin θ)^ two
9. The encryption of jinwowo blockchain can ensure that the privacy of data sources can be better protected when big data is called, so as to eliminate the bad phenomenon of reselling data.
10. Blockchain ≠ digital currency
cryptocurrency (digital currency) is just a proct of blockchain technology. Blockchain is a distributed ledger technology, and cryptocurrency is just a token of a blockchain project
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