On blockchain digital currency
thank you
to know the difference between them, we need to know the definition of them first
digital currency: short for digiccy, which is the abbreviation of "digital
currency", is an alternative currency in the form of electronic currency. Both digital gold coin and cryptocurrency belong to digiccy
blockchain: blockchain is a new application mode of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other computer technologies. Blockchain is essentially a decentralized database, also known as the trust machine
from the above definition, we can know that blockchain is a technology, and digital currency is a kind of virtual currency
digital currency is not equal to blockchain
many people will understand blockchain as blockchain. Here I want to correct that digital currency is not equal to blockchain. Digital currency is only an application of blockchain, and some digital currencies may not be applied to blockchain technology.
nowadays, the mainstream digital currencies are basically developed based on blockchain technology. Blockchain is the underlying technology of digital currency. The domestic tea based digital currency Puyin is developed based on blockchain technology.
for example, Sunzi asked Li Zi to borrow 100 yuan, but Li Zi was afraid that he would default, so he asked the village head to do notarization and add the account. This is called centralization. But if you don't ask the head of the village, you can shout "I'll lend my grandson 100 yuan! Please put it in the account book. "This is called decentralization. In the past, the village head was highly respected and had a good command of the accounts of the whole village. Everyone kept their money with him. This was the past trust in centralization. Now, everyone is worried that the village head will secretly misappropriate everyone's money. What should we do? So everyone sent an account book to everyone. Anyone who transfers money between them releases information through the loudspeaker. After receiving the information, everyone records the transaction in their own account book. This is called decentralization. With distributed ledgers, it doesn't matter if Lao Zhang or Lao Li's ledgers are lost, because Lao Zhao, Lao Ma and other families have ledgers
digital currency is abbreviation of digital currency. It is an alternative currency in the form of electronic currency. Both digital gold coin and cryptocurrency belong to digiccy. Blockchain technology service upgrade technology
Here you need to understand the correct digital currency issuance process, which is roughly divided into eight steps:
the first step is to build a digital token system
this is very simple. The code of bitcoin is public, and it is a kind of counterfeit currency after simple change; Ethereum's technology is open source. You can find a program to issue a coin on Ethereum's public chain. Now most of the counterfeit coins are on the public chain of Ethereum, and the distribution of tokens is also directly in Ethereum's wallet, which is very convenient
Step 2: find someone to endorse
if the project can be implemented, you may find a real influential tycoon, and by the way, you can take an angel wheel to do marketing. If the project is air money, it may be a grassroots tycoon. In any case, now that the coin circle is just emerging, many "tycoons" are actually grassroots. If you can't, you can send candy directly by virus marketing
Step 3: prepare a white paper
this has to be written on the top. For high-quality coin, vision, code, planning, team and so on need to be well written, which takes a lot of time. But for air coin, it's OK to find a professional agent directly, and it can be written in one day
The fourth step is to promote marketingfind all kinds of coin circle media to advertise, or get a virus activity to invite candy delivery, and brush the popularity
Step 5: love Western Europewith a certain popularity, he began to love Western Europe directly. Good projects are very simple, and they are often looted in a small scale. It doesn't matter if the air currency can't attract people. It's easy to find the agent investment channel to help you package the project
Step 6: contact the exchange
generally, they try their best to go to a well-known exchange. If there is no angel round, you can only take the money from aisio. It's not good. It's OK to go to an easy exchange
Step 7: public offering
once on the stock exchange, you will have enough confidence to speak. At this time, we can continue another wave of public offering. Anyway, what we give out are tokens, which can also attract more attention from the market
Step 8: go online
once the funds are sufficient and the quality of the project is good, there will be more mainstream exchanges. Once the mainstream exchange is finished, this is a reliable project
if it is normal, through the above eight steps is the use of blockchain technology of digital currency
but more often is the digital currency issued by indivials, belongs to MLM currency, more common in online private placement, such as the task Gang blocked before
taking bitcoin as an example, it does not have an entity form, but exists in a special account book. All bitcoin transactions are recorded in the ledger. Through the transaction records, we can calculate the number of bitcoins owned by each user. If a person owns bitcoin, it means that he can find the relevant transaction records in the ledger
the ledger mentioned here is a software that we can download from bitcoin's official website, and the underlying technology used in this software is blockchain. In order to facilitate understanding, we usually say that blockchain is the ledger
the reason why blockchain is used as the underlying technology of ledger is to realize the feature of digital currency decentralization. It can be said that the starting point of a series of problems and solutions of digital currency comes from decentralization
2. Blockchain is a technology to ensure the safe use of digital currency. As we all know, blockchain technology has the characteristics of encryption and non tampering, which can rece the probability of errors in the use of digital currency to 0. Because digital currency requires higher encryption, it must be supported by blockchain technology. At present, not only many instries in China are using blockchain technology, but also many foreign countries are actively using blockchain technology.