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Russia playing digital currency

Publish: 2021-04-15 06:31:17
1. Here's a brief introction to several mainstream digital currencies to give you a rough idea. After that, I will talk about the specific currency from time to time

bitcoin is the originator of digital currency and the most valuable virtual currency. Because blackmail virus only takes bitcoin, it has entered the public view. The soaring price of bitcoin in 2017 has attracted a large number of investors to enter the digital money market. Because the number is small, it is only 21 million, which has a strong deflationary attribute
of course, I am extremely optimistic about the future of bitcoin. Of course, many people are not optimistic about digital currency. Here, it is most pertinent to quote Krugman's view:
"at least for now, buying bitcoin is still a good investment. But that doesn't mean the experiment was successful. The original intention of establishing a monetary system is not to make those who hold money rich, but to make transactions convenient and benefit the whole economy. And none of these bitcoins came to us. "
reborn currency
a protocol currency issued by reborn, which is the base currency of reborn network. It can circulate in the whole reborn network, with a total amount of 100 billion, and graally decreases with the increase of transactions. Reborn currency is the only common currency in ripple system, which is different from other currencies in ripple system, Ripple labs (formerly known as opencoin) is the operating company of ripple coin
unlike bitcoin, reborn is a kind of transaction protocol, which is called smart contract in technical terms. It supports people to pay in any currency, and does not need a central data exchange center, so the transaction confirmation time of ripple is only 35 seconds, while that of bitcoin is 10-40 minutes

Ethereum
Ethereum is the name of currency used in Ethereum, which is used for payment calculation in Ethereum virtual machine. Ethereum is a blockchain that can be used to deploy decentralized applications. It is an open source computer platform and blockchain platform. At the end of 2013, it was founded by vitalik buterin, a Russian programmer
there is a key difference between the blockchain technologies used by Ethereum and bitcoin. Ethereum's data processing speed is faster than that of bitcoin, because once agreed, Ethereum's system will automatically apply to the terms and conditions in the contract
unlike bitcoin, the value of Ethereum depends on whether the applications on the platform of Ethereum are prosperous or not, just like the price of oil will rise with more machines using oil

bitcoin cash
bitcoin cash is a branch of bitcoin. In order to solve the problem of long transaction time of bitcoin, at 20:20 on August 1, 2017, a small number of mining machines began to use 8m block to start mining, and the transaction confirmation speed was thousands of times faster than that of bitcoin using 1m block
strictly speaking, however, there are different opinions on whether this is a new branch of bitcoin or another kind of "counterfeit currency". But now the offer of bitcoin cash is nearly 20000 yuan, so it's not too much to use it as a kind of "Shanzhai coin" to divide bitcoin traffic

IDA coin, ADA in English, is a proct of Cardano project. The total amount of Aida is 4.5 billion yuan, and 3 billion yuan will participate in the subscription. Among them, 2.5 billion ADA will be used for platform subscription, 500 million for the financial support of the development company's operating company, and 1.5 billion ADA coins will continue to be issued in the form of block awards
Cardano is a project started in 2015 to change the way cryptocurrency is designed and developed. This project is aimed at technical reformers, technical improvements to bitcoin and existing platforms. If bitcoin, Ethereum and other projects have many other shortcomings, Cardano can solve them<

lightcoin
a currency based on bitcoin protocol, but it does not require very high computing power, and it can also be mined by ordinary computer. Lightcoin's algorithm comes from the algorithm designed by Dr Colin Percival for tarsnap secure online backup service (backup for Linux and other open source operating systems)
for a long time, there has been a voice that "lightcoin will replace bitcoin", which is impossible. In the future, there will probably be a variety of cryptography currencies in the world, but any kind of counterfeit currency can not replace the mainstream position of bitcoin, no matter how excellent its algorithm is compared with bitcoin<

stellar currency
stellar currency, a digital currency project initiated by Jed McCaleb, the former founder of ripple, is used to build a decentralized gateway between digital currency and legal tender. It will be provided to users in the form of free distribution, and its supply online is 100 billion, of which 95% of the amount of star coin is used for free distribution
star is a diversified team. The board members include Keith rabois, former COO of square, Patrick collison, CEO of stripe, Jackson Palmer, co-founder of dogcoin, and naval Ravikant, co-founder of angellist, who will be the consultant of the project< New economy movement, or NEM, was founded on January 19, 2014. The founder is a mysterious person in bitcointalk.org forum called utopianfuture. The original intention of utopian future was to build a second-generation digital currency NXT. He then realized that NXT's distribution model was unreasonable, so he devoted himself to NEM with egalitarian distribution
as a kind of cryptocurrency, new coin does not need much computing resources to maintain the operation of nodes. The proof of importance (POI) engine of NEM reces the threshold of computing resources to participate in non-traditional blockchain<

dascoin
formerly known as black coin, is a kind of counterfeit currency of bitcoin, which focuses on anonymous function. There are many innovations, such as master node network, fast payment, mixed currency anonymous technology, proposals can vote, and developers have fixed budget support. The core consists of a unique incentive P2P network. Miners are rewarded for maintaining blockchain security; The main node holders are rewarded for verifying transactions, storing data and providing a variety of services
the feature of anonymity meets the needs of some investors for absolute privacy. Although bitcoin is also widely used in money laundering and other illegal transactions e to its anonymity, it is only "pseudo anonymity", and the transaction of bitcoin can still be traced back to the traders themselves.
2.

On October 17, according to Russian media reports, at a meeting held last week between Russian President Vladimir Putin and financial officials, Russian regulators decided to officially launch the supervision of the mining instry of bitcoin and other digital cryptocurrencies. At the same time, Russia plans to launch the national digital currency cryptorubber

Therefore, they agreed at the meeting to regulate the generation and circulation of cryptocurrency and will draft and pass relevant bills, "I will not disclose the specific regulatory measures that will be taken this time, but we all believe that Russia should take the lead in this field and implement regulation from the legislative level."

The bill will be issued by the end of this year and needs to be passed by the Russian State Duma before it becomes law

3.

probably Russia because as a country that helps each other and rises together in the war, it will definitely support its allies. After all, cooperation between our two countries has only advantages but no disadvantages. Moreover, digital currency will be a new currency change for each country, and the emergence of new currency forms will also give birth to new instries. Moreover, this year, CCTV has been going through a series of actions of focusing on digital currency test, which is believed to be popularized by the whole people in the near future

all countries in the world compete in the high-tech field, and digital currency is also a kind of high-tech field. If China makes it, other countries will be envious to follow suit, otherwise some countries will study it by themselves. All these can show that this field is also the highland that each country needs to occupy, although many countries want to make achievements in this field before, they all have little effect, but China is different. China has such strong economic strength, and it also has such strong contacts and background to support it

4.

In today's society, the whole world is a super strong society. One superpower refers to a superpower, and the United States deserves it. There are many powerful countries, such as Japan, Russia, China and so on. Nowadays, digital currency is widely popular. Up to the top officials and dignitaries, down to the people, there may be people playing digital currency. What's more, maybe you have several friends playing digital currency. According to the current situation, the main body of issuing and implementing digital currency is mainly divided into two categories, one is issued by companies, the other is issued by social organizations or associations. Although countries are joining the tide of blockchain research, so far no country has officially launched sovereign digital currency

Therefore, Venezuela should learn more from Russia and strengthen its own construction. And other aspects have come up, and then issue their own digital currency, I believe credit will be higher

5.

Russia may prohibit the use of cryptocurrency as a payment method

the exact number of cryptocurrency websites banned in Russia is not yet known. According to roskomsvoboda, dozens of domain names that use the word "bitcoin" have been restricted by court decisions or federal tax services. Last summer, roskomnadzor, the regulator, announced that it had blocked about 257000 Internet platforms in five years



6. It is not only Russia that prefers blockchain to bitcoin. Most governments in the world prefer blockchain technology, but bitcoin is relatively indifferent
because blockchain is an illegal technology, just like the Internet in 1990. The Internet has changed our survival and lifestyle. Blockchain also has this potential. Many applications are waiting for people to develop. Bitcoin is only a relatively successful application of blockchain, which may be used by some hackers. It is also a recognized money laundering tool. The domestic Puyin group has launched the tea based digital currency, which is based on the blockchain technology.
7.

When it comes to digital currency, I believe we are not unfamiliar with it. A few years ago, when the country just proposed digital currency, we have been thinking about what digital currency is and why we need to launch digital currency. Is it to simply replace paper currency and save paper? In fact, it is not. The significance of implementing digital currency is very great. Digital currency is not a simple replacement of paper. It has powerful functions such as preventing money laundering and tracing the source of funds{ RRR} to promote the use of digital currency can not only solve the problems mentioned above, but also solve many unexpected and unknown problems. Although we can't experience the charm of digital currency, once digital currency is popularized, many people can benefit from it

8. If a few years ago, maybe I would not hesitate to say bitcoin, but in recent years, the development of bitcoin is a bit unsatisfactory. Today's latest information report also shows that the price of bitcoin has fallen below $10000. If you only hold bitcoin, this may not be good news, but for virtual coins that can be traded in both directions
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