Vpay is a blockchain cryptocurrency
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
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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
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:
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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 />
blockchain is the core supporting technology of digital cryptocurrency system represented by bitcoin. The core advantage of blockchain technology is decentralization. It 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 common high cost, low 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
taking the tourism instry as an example, blockchain applications mainly focus on tourism travel, tourism community reviews, digital identity management, credit consumption management, tracking pilot's professional certificate and qualification, loyalty plan of hotels and airlines, reservation management and consumption points management. In addition, blockchain also has applications in finance, games, entertainment and other fields.
Many small white just admission, was the private key, public key, address, and other relations confused. Some of them even lost their private key. They had money on the address, but they just couldn't get it out. Today, Xiao will try to figure out the relationship between the private key, the public key and the address
The relationship among < H2 > private key, public key and address is as follows:the private key is converted into (generated) public key, and then converted into address. If there is bitcoin or integrity coin on an address, the private key converted into the address can be used to spend the above integrity coin. The generation of public key and address depends on private key, so private key is the most important
mobile wallet is the same, but the file management method of mobile phone is not as convenient as computer. Therefore, the general mobile wallet will provide a function called or similar to "export private key". Through this function, the private key can be exported in various forms
for example, bitcoin mobile wallet can be exported as a two-dimensional code, which can be printed or scanned on paper. When replacing a mobile phone, install a bitcoin wallet and scan the QR code to migrate bitcoin. Bitcoin mobile wallet and trustcoin mobile wallet can be exported as a clear text string and printed on paper - this is paper wallet
paper wallet allows users to spend your bitcoin or trustcoin at any terminal with bitcoin or trustcoin wallet
because the wallet is lost or damaged, the private key will be lost, and the transfer right of the digital currency will be lost completely. To prevent such tragedies, you should always back up the data in your wallet. In addition to the address, all the private keys are saved ring the backup
< H2 > summary-
the private key should be protected to prevent loss and forgetting. When the mobile phone clears the information, it is best to it by hand, but do not disclose it
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you should prevent your wallet from being lost or damaged, resulting in the loss of your private key and the loss of the transfer right of digital currency. Otherwise, you will not be able to withdraw more money, which is not useless
Vpay digital currency is MLM
Vpay digital money MLM organizations obtain wealth by developing personnel and requiring them to pay a certain fee to obtain the qualification. The essence of vpay digital money pyramid scheme is "Ponzi scheme", that is, the later's money is distributed to the former's incomevpay digital currency is a new type of MLM: it doesn't restrict personal freedom, doesn't accept ID cards and mobile phones, and doesn't take big classes collectively. Instead, it uses capital operation as a banner to pull people to cheat money, drives luxury cars, wears gold and silver, and uses money to attract relatives and friends to join, and finally achieves the point of no return
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features and precautions of MLM:
no matter how the MLM organization changes face, only three features need to be seen:
1. Whether it needs to subscribe for goods or pay fees to obtain the qualification to join
2. Whether it is necessary to develop others to become their own downline and form a hierarchical network
Whether the remuneration and bonus are calculated on the basis of the number of directly or indirectly developed personnel or sales performance, the income of participants is not from the reasonable profits from the sales of goods or services, but from the fees paid by others when they join. As long as these three characteristics are met, it is definitely MLMmethods to distinguish direct selling from pyramid selling:
at present, 71 direct selling enterprises have obtained direct selling license, and 19 collimating enterprises have applied for direct selling license. According to the regulations, direct selling procts should meet the national certification, licensing or mandatory standards: cosmetics, health food, cleaning procts, health equipment, small Kitchenware and other five categories. Financial investment, tourism and other procts are not included in the regulations
reference source: Fenghuang finance and Economics - the end of vpay pyramid scheme
reference source: Xinhuanet - guard against "digital currency trap"
the difference between digital currency, electronic currency and virtual currency
in fact, digital currency is a kind of indexed RMB, a legal encrypted digital currency and an alternative currency in the form of electronic currency. Digital currency can be divided into two types: non cryptocurrency (e-gold, XRP) and cryptocurrency (bitcoin)
it can not be completely equivalent to the virtual currency in the virtual world, because it is often used for real goods and services transactions, not limited to online games and other virtual spaces. It is different from Alipay and WeChat, and Alipay, WeChat payment and mobile phone banks are all electronic money, not digital money. The popular digital currencies in 2016 include bitcoin, lightcoin, bitstock, etc. At present, there are thousands of digital currencies issued all over the world
virtual currency refers to the non real currency, especially the currency in the network virtual economy. The issuer is not the central bank, and it can only circulate in a specific virtual environment. In the case of the connection between virtual and reality, virtual currency has its real value. Well known virtual currencies, such as online currency of Internet company, q-coin of Tencent company, q-point, roll counting of Shanda company, u-coin meter ticket launched by Sina (used for igome game), chivalrous Yuanbao (used for chivalrous road game), and grain silver (used for bixue Qingtian game). Digital currency can be used for real goods and services transactions, but only the digital currency issued by the state is legal digital currency. For example, bitcoin is illegal digital currency
since the beginning of the year, the relevant person in charge of the people's Bank of China has said that the future of mobile payment is bright, and the central bank is actively studying the relevant research results and practical experience at home and abroad to strive for the early issuance of digital currency. At the digital currency seminar of the people's Bank of China held on January 20, the relevant person in charge of the people's Bank of China disclosed that the central bank has set up a special research team since 2014 to conct in-depth research on the digital currency issuance and business operation framework, key technologies, circulation environment, etc., and strive to launch the digital currency issued by the central bank as soon as possible. At present, the research has achieved phased results
what benefits will digital currency bring to our lives
for this problem, the relevant person in charge of the central bank said that if the digital currency is successfully issued, it will bring many conveniences: it can effectively rece the high cost of the issuance and circulation of traditional paper money, and improve the convenience and transparency of economic transaction activities; It can rece money laundering, tax evasion and other illegal and criminal acts, enhance the central bank's control over money supply and money circulation, better support economic and social development, and help the comprehensive realization of Inclusive Finance; It helps to build a new financial infrastructure, further improve the payment system, improve the efficiency of payment and clearing, and promote the upgrading of economic quality and efficiency. More digital currencies can focus on bitMom
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.