What is central digital currency
digital currency is an alternative currency in the form of electronic currency (which can be used for real goods and services transactions)
digital currency has the main characteristics of network packets. This kind of data packet 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 packet comes from and goes
based on the characteristics of digital currency, the direct benefit of digital currency to the central bank is not only to save the cost of note issuance, circulation and settlement, but also to enhance the central bank's ability to control funds
Electronic money and virtual money are called digital money. According to the definition of the European Central Bank, virtual money is issued by non central banks, credit institutions and e-money institutions, which can be used as the numerical expression of the value of currency substitutes in some cases{rrrrrrr}
extended information:
the process of digital currency trading through the platform is as follows:
(1) investors should register accounts first, and obtain digital currency accounts and US dollar or other foreign exchange accounts at the same time
(2) users can buy and sell digital currency with the money in their cash account, just like buying and selling stocks and futures
(3) the trading platform will sort the buying requests and selling requests according to the rules and start to match them. If they meet the requirements, the transaction will be concluded
(4) e to the difference between the buy and sell volumes submitted by users, a buy or sell request may be partially executed
As of September 2019, the central bank's digital currency has not been issued
the development history of the central bank's digital currency is as follows
in 2014, the Central Bank of China set up a special research team to conct in-depth research on the framework of digital currency issuance and business operation, key technologies of digital currency, issuance and circulation environment, and legal issues faced
in January 2017, the central bank officially established the digital currency Research Institute in Shenzhen
in September 2018, the Institute of digital currency built a trade finance blockchain platform
On July 8, 2019, at the launching ceremony of the digital finance open research program and the first academic seminar, Wang Xin, director of the Research Bureau of the people's Bank of China, disclosed that the State Council has officially approved the research and development of the central bank's digital currency, and the central bank is engaged in corresponding work in organizing market institutionson August 2, 2019, the central bank said at the second half of 2019 work video conference that it would speed up the research and development of legal digital currency
on August 10, 2019, Mu Changchun, deputy director of the payment and Settlement Department of the central bank, said at the Yichun forum of 40 people of China finance that "the central bank's digital currency can be said to be ready"
on August 18, 2019, the CPC Central Committee and the State Council issued their opinions on supporting Shenzhen to build a leading demonstration zone of socialism with Chinese characteristics, which mentioned supporting innovative applications such as digital currency research in Shenzhen
on August 21, 2019, the official micro blog of the people's Bank of China released two articles on digital currency. One is fan Yifei, vice president of the people's Bank of China, who was published in January 2018, talking about some considerations of digital currency of the people's Bank of China. The other is mu Changchun, deputy director of the Department of payment and settlement, who delivered a speech in Yichun on August 10
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practical significance
the digitalization of central bank's currency helps to optimize the central bank's monetary payment function, improve the central bank's monetary status and the effectiveness of monetary policy. The central bank's digital currency can become an interest bearing asset to meet the holder's reserve demand for safe assets, and can also become the lower limit of bank deposit interest rate
can also become a new monetary policy tool. At the same time, the central bank can affect the bank's deposit and loan interest rate by adjusting the central bank's digital currency interest rate, and help break the zero interest rate lower limit
operation system
fan Yifei, vice governor of the people's Bank of China, said in the article that the digital currency of the people's Bank of China should adopt a two-tier operation system. This model does not change the relationship between creditor's rights and debt of currency in circulation, does not change the existing money supply system and al account structure, does not constitute a competition for commercial banks' deposit currency, and does not increase commercial banks' dependence on the interbank lending market
will not affect the lending ability of commercial banks, and will not lead to the phenomenon of "financial disintermediation". At the same time, because it does not affect the existing monetary policy transmission mechanism, it will not strengthen the pro cyclical effect under the pressure environment, and it can improve the convenience and security of payment, and it also has the credit advantage of central bank endorsement
Generally, the excellent digital currencies are mostly imported procts, such as bitcoin, Leyte coin, ether coin and so on. However, the domestic Yuanbao coin, Ruitai coin, bitcoin and the tokens of different crowdfunding projects of European crowdfunding are excellent digital currencies
digital currency (English: digital currency) is an alternative currency in the form of electronic currency. At present, no central bank of any government has indicated that it will issue digital currency, and digital currency does not have to have a benchmark currency and a central bank
it 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 currency, such as bitcoin, lightcoin and ppcoin, is an electronic currency created, issued and circulated by check sum cryptography
monetary policy, like tax, police, court and other state machines, is the foundation of modern state operation and an important part of state machine. As long as there is no fundamental change in the social organization form of the state, the monetary system based on the national credit will always exist, and bitcoin and other virtual currencies will not become the standard currency of a country. Bitcoin is actually just the use of technology, which is at most an asset, not a real currency< Of course, credit money is prone to inflation. In a sense, people's concern about bitcoin reflects people's worry about inflation under the condition of credit currency. Therefore, central banks should strengthen liquidity management, reasonably regulate money supply and keep prices basically stable.
To calculate the helical gear parameters, you need to know the basic parameters:
normal molus M_ n. Number of teeth Z, normal pressure angle α_ n. Helix angle β
generally, the crown height coefficient h * is 1, and the root height coefficient C * is 0.25. If there is displacement, it is necessary to calculate the displacement: x
the following is the basic parameter
end face molus: M_ t=m_ n/cos β
Calculation formula of pressure angle at the end face: Tan α_ t)=tan ( α_ t)/cos( β)diameter of dividing circle: D = m_ n × z/cos( β)
addenm circle diameter: no displacement: Da = D + 2 × m_ n × H * with displacement: Da = D + 2 × m_ n × H * + x)
root circle diameter: no displacement: DF = D-2 × m_ n ×( H * + C *) with displacement: DF = D-2 × m_ n ×( H * + C * - x)
diameter of base circle: DB = D × cos α_ t)
in addition, there are more important dimensions, such as normal pitch, end pitch, etc., which can be obtained by referring to relevant manuals
Extended data:
judgment of helix rotation direction: first, we make the gear axis vertical, if the right height of helix is right rotation; On the contrary, the height on the left side of the helix is left-handed
end face and normal surface parameters:
end face: the plane perpendicular to the gear axis, and the parameters on the end face are generally added with subscript t
normal plane: the plane perpendicular to the helix, and the parameters on the normal plane are generally subscript n
(1) pitch and molus: = t= π
(2) pressure angle: generally, the parameters in normal plane are standard parameters
The correct meshing condition: the helix angle must be equal in size and opposite in direction. The normal molus m is equal to the normal pressure angleB. geometric dimension calculation: in calculation, the calculation formula of spur gear can be directly applied to the end face of helical gear because a pair of helical gear transmission is equivalent to a pair of spur gear transmission on the end plane
there are many kinds of gear transmission, among which the efficiency of helical gear is very high, for example, the efficiency of spur gear transmission is lower than that of helical gear transmission
Like spur gear mechanism, helical gear can be used to improve the load capacity of transmission by recing the center distance a, which can be used for high-speed operation. Helical gear recer is a new type of recer. The helical gear recer is small in volume, light in weight and good in economy Advantages:(1) good meshing performance: the meshing process between helical cylindrical gears is an excessive process, and the force on the teeth is graally from small to large, and then from large to small; Helical gear is suitable for high speed and heavy load
(2) large coincidence degree: the increase of coincidence degree can improve the bearing capacity of gear. So the life of the gear is prolonged. The coincidence degree mainly depends on the meshing time, while the long meshing time and large contact area of helical gear rece the stress. The transmission is stable and the economy is increased
(3) compact structure: the less the minimum number of teeth, the more compact the structure