Digital currency payment password
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 />
Digital currency can be considered as a virtual currency based on node network and digital encryption algorithm. The core characteristics of digital currency are mainly reflected in three aspects:
1. Because digital currency comes from some open algorithm, it has no issuer, so no one or organization can control its issuance
When determining the number of solutions, the total amount of digital currency is fixed, which fundamentally eliminates the possibility of inflation caused by excessive issuance of virtual currency
3. Because the transaction process needs the approval of each node in the network, the transaction process of digital currency is safe enough
extended information:
the central bank concted a private test on this digital currency, and some civil servants' salaries were received in the form of digital currency
screenshots of the digital currency wallet applications launched by Agricultural Bank of China, China Construction Bank and Bank of China are widely spread on the Internet, showing various functions, including the ability for depositors to track digital currency transactions and associate digital currency wallets with their existing bank accounts
can be assured that the risk of loss of digital money caused by mobile phone loss is much lower than that of wallet loss, and is also lower than the risk of loss of WeChat / Alipay money caused by mobile phone loss. In essence, digital RMB is a digital RMB with legal rationality. It just upgrades the form of currency. Just like before, we used paper stationery for communication, which is delivered to thousands of miles away through the post office, but now we use e-mail for communication, which is delivered to thousands of miles away through the Internet. Why is the risk of digital currency loss caused by mobile phone loss extremely low? The main reasons are as follows: 1. Digital currency is stored in the E-wallet app, which takes the mobile phone as the carrier, and most mobile phones are equipped with a power on password. Although the power on password is easy to be deciphered by professionals, it is also a line of defense. 2. the electronic purse itself has a payment password, just like the WeChat / Alipay payment code, which is set by itself. It's hard for second people to know if they don't disclose it, and it's hard to decipher.
to sum up, the launch of digital RMB is a national behavior, and security is the first consideration. However, our current understanding of digital currency is very limited, so we will worry about its security. However, for the purpose of promoting the internationalization of RMB, we have no need to worry about its security, When the digital RMB comes to the ground, its convenience and security will surely surprise us. What do you think of this? Welcome to exchange messages. It's not easy to code. Give me a compliment< br />