Framework of digital currency system
Publish: 2021-05-10 23:34:55
1. It is reported that the Central Bank of China is testing the digital currency based on blockchain
according to media reports, the people's Bank of China has completed a test on December 15, which shows how to conct transactions and clearing in the distributed ledger system
it is reported that this test was concted jointly with China's mainstream commercial banks, including ICBC, Bank of China and Weizhong bank< The report reads: "the people's Bank of China believes that digital currency can not only rece circulation costs, but also increase transparency, inhibit money laundering and tax evasion."
the report even suggests that Shanghai bill exchange pilot digital currency and set up a national bank bill transaction. At the same time, the people's Bank of China will also establish a digital currency Research Center, and is recruiting experts in big data, cryptography and blockchain technology< The report comes after Zhou Xiaochuan, the governor of the people's Bank of China, issued a statement in February in which he hinted that the people's Bank of China was considering using blockchain to issue digital currency
moreover, this test was concted at the time when the people's Bank of China launched an investigation into China's bitcoin exchange, which started early this month and has led to many changes in trading policies
as the world's first standard digital currency, Puyin takes 1 billion Tibetan tea as the primary standard asset, writes 1 billion Tibetan tea assets into the blockchain through digital encryption technology, and records the identification, evaluation and right confirmation of Tibetan tea.
according to media reports, the people's Bank of China has completed a test on December 15, which shows how to conct transactions and clearing in the distributed ledger system
it is reported that this test was concted jointly with China's mainstream commercial banks, including ICBC, Bank of China and Weizhong bank< The report reads: "the people's Bank of China believes that digital currency can not only rece circulation costs, but also increase transparency, inhibit money laundering and tax evasion."
the report even suggests that Shanghai bill exchange pilot digital currency and set up a national bank bill transaction. At the same time, the people's Bank of China will also establish a digital currency Research Center, and is recruiting experts in big data, cryptography and blockchain technology< The report comes after Zhou Xiaochuan, the governor of the people's Bank of China, issued a statement in February in which he hinted that the people's Bank of China was considering using blockchain to issue digital currency
moreover, this test was concted at the time when the people's Bank of China launched an investigation into China's bitcoin exchange, which started early this month and has led to many changes in trading policies
as the world's first standard digital currency, Puyin takes 1 billion Tibetan tea as the primary standard asset, writes 1 billion Tibetan tea assets into the blockchain through digital encryption technology, and records the identification, evaluation and right confirmation of Tibetan tea.
2. It is very clear in the speech of the central bank that the digital currency is M0. What is M0? M0 is cash. We speculate that the basic framework for the central bank to issue digital currency in the future should be a two-tier structure. The core is the database of the central bank, and the periphery is the blockchain of different instries, regions and third parties. Why? Only by using a decentralized system in the second layer can you ensure that the money is controlled by the users themselves and that the digital currency really becomes M0
we speculate that once the central bank issues digital currency in the future, the periphery of the structure must be a decentralized system. At present, blockchain is the best choice
when talking about digital currency, the central bank also mentioned another concept, which is called programmable currency. How to understand? For the computer, it has a certain internal self-control function. Take the early object-oriented language as an example, it requires at least two functions, one is the constructor, the other is the destructor. You have to solve the problem of its creation as well as its extinction
through programming, the central bank can control the whole life cycle of money creation, circulation and withdrawal
in the absence of digital currency and programmable currency, the currency issued by the central bank circulates freely in the society. How to return to the cage in the end? One is the return of derivative currency of commercial banks, the other is the return of basic currency of central bank. The former is controlled by the central bank through deposit reserve and other policies, while the latter is controlled by the tax system. If we go up to programmable digital currency in the future, the central bank will have much more control. Even in circulation, control can be increased. That's why central banks are very interested in blockchain technology.
we speculate that once the central bank issues digital currency in the future, the periphery of the structure must be a decentralized system. At present, blockchain is the best choice
when talking about digital currency, the central bank also mentioned another concept, which is called programmable currency. How to understand? For the computer, it has a certain internal self-control function. Take the early object-oriented language as an example, it requires at least two functions, one is the constructor, the other is the destructor. You have to solve the problem of its creation as well as its extinction
through programming, the central bank can control the whole life cycle of money creation, circulation and withdrawal
in the absence of digital currency and programmable currency, the currency issued by the central bank circulates freely in the society. How to return to the cage in the end? One is the return of derivative currency of commercial banks, the other is the return of basic currency of central bank. The former is controlled by the central bank through deposit reserve and other policies, while the latter is controlled by the tax system. If we go up to programmable digital currency in the future, the central bank will have much more control. Even in circulation, control can be increased. That's why central banks are very interested in blockchain technology.
3. The point-to-point transaction mode of digital assets is a safe mode for people who want to develop exchanges. Peer-to-peer, indivial to indivial transactions, there is no illegal fund-raising, which avoids disrupting the market. Due to indivial to indivial transactions, many platforms like bitcoin want to transform!
4. Digital currency platform development needs professionals to be responsible for, but now digital currency technology has matured, the difficulty of development has become very simple, has become a standardized technology. Today's digital currency technology is not the highlight, but the application scenario of this kind of digital currency
the birth and popularity of bitcoin all over the world depends on the concept, which is in the foreword of the times. However, bitcoin has been preconceived and cannot be replaced by other digital currencies. Although some counterfeit currencies were popular for a while later, they slowly went down in the end, only bitcoin strengthened. Puyin is another shortcut, as a standard system of digital currency appears, behind the endorsement of related tea assets, its value is recognized by the society.
the birth and popularity of bitcoin all over the world depends on the concept, which is in the foreword of the times. However, bitcoin has been preconceived and cannot be replaced by other digital currencies. Although some counterfeit currencies were popular for a while later, they slowly went down in the end, only bitcoin strengthened. Puyin is another shortcut, as a standard system of digital currency appears, behind the endorsement of related tea assets, its value is recognized by the society.
5. Once you install a hobbit wallet on your computer or mobile phone, it will generate your first hobbit address, and it can generate more addresses whenever you need.
6. Blockchain and digital currency can be said to be closely related, and the application of blockchain technology in the development of digital currency related systems is also certain
even though many enterprises have invested in the research of blockchain, there are few domestic projects of blockchain, so we should make a certain distinction. At present, there are few enterprises applying blockchain technology to develop digital currency system. For example, the digital currency system scheme developed by Yingtang Zhongchuang has many references. There are many systems developed by Yingtang Zhongchuang. You can have a look at them.
even though many enterprises have invested in the research of blockchain, there are few domestic projects of blockchain, so we should make a certain distinction. At present, there are few enterprises applying blockchain technology to develop digital currency system. For example, the digital currency system scheme developed by Yingtang Zhongchuang has many references. There are many systems developed by Yingtang Zhongchuang. You can have a look at them.
7. Just find an outsourcing company. My friend's company does this
8. The functions of these two interfaces are exactly the same, without any difference, except that their positions on the switch are different. Generally, the switch with 0 is built-in, and the switch with 1 is expanded, just like the stand-alone display and centralized display on the notebook. The centralized display is always at 0
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10. Mathematical currency is still developing towards technology. I hope it can be shared by all the people in the future!
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