Development of virtual digital cryptocurrency
Encrypted digital assets: encrypted digital currency is not issued by legal tender institutions and is not 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. It is generated by a large number of operations of computer graphics card and CPU, and uses the design of cryptography to ensure the security of all aspects of currency circulation. The design based on cryptography can make the cryptocurrency only be owned by real users
encrypted digital asset is also a kind of gold existing in the network world, which is a kind of encrypted digital currency based on the block chain technology and using the digital encryption principle. In a sense, it has the same circulation function as ordinary currency. Encrypted digital assets apply blockchain technology to the global financial field, which makes consumers all over the world make business investment through encrypted digital assets, and create a new business model of win-win between investors and users, which is a trend for development
virtual currency (enterprise currency) is self issued by companies or private indivials. It can be issued indefinitely, and it does not need to be obtained by solving the equation through the CPU program of computer graphics card. Because it can be issued unlimited according to the market demand, it does not have the value of collection and appreciation. There is no ore pool website, no original code. Price can be manipulated, mostly one-way relationship
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 />
virtual currencies are generally at the bottom, and many of them are pyramid schemes or funds
in fact, cryptocurrency, virtual currency and digital currency are the same, but they are called differently
at present, the mainstream digital currencies in the market include bitcoin, bitcoin cash, wikilink and so on.
Why develop digital currency? From the perspective of the central bank, there are six advantages:
first, to improve the convenience and transparency of economic transactions; second, to rece the high cost of the issuance and circulation of traditional paper money; third, to better support economic and social development; fourth, to help the comprehensive realization of Inclusive Finance; fifth, to rece money laundering, to promote the development of the economy and society Sixth, improve the central bank's control over money supply and circulation
steps of digital currency development:
the first step,
first, we need to download the source code of a blockchain system from git, such as choosing the backbone code of bitcoin to download the relevant source code
At the same time, prepare the corresponding compiling environment (c + + is recommended in Linux) and install the corresponding development environment and toolsthe second step and
code all need to be compiled, so you need to prepare the compilation environment and tools, download the environment compilation tools, configure
system environment variables, QT environment and other files, and compile commands are described in detail in the files in ITC source code
however, the construction of the system and development environment, program compilation and other processes are cumbersome, so it is not recommended for ordinary users to make their own. For developers, it may take 2-3 days to install and configure for the first time
the third step,
take bitcoin development as an example, it is the development environment of Q. after downloading the source code and configuring the environment, open the source code of the bitcoin core in qtcreator, configure relevant files and compilers, and start to try to compile the client of the bitcoin core
Step 4,
transform into your own digital currency, open each source file, find the corresponding local adjustment parameters, such as adjusting
the number of coins in each block, the total output, the adjustment difficulty, and so on. Then the most critical point is to change the name to your own currency
name as you want, and don't forget to replace the related icons in the resource folder. If all goes well, after re compiling, your new coin will be invented successfully
for the development of this digital currency, the technology is relatively professional, so it is better to have a professional team to assist
framework for digital currency development:
1. Build ethereum private chain test environment and public chain node environment configuration
2. Ethereum transaction and confirmation principle
3. Ethereum JSON RPC interface
4. Ethereum transfer and withdrawal principle
5. The server connects Ethereum public chain interface, and its own server stores business data, Public chain storage transaction anonymous data
6, private key security processing
the following is the development code example:
for example, the common digital currency wallets in the market are:
app class: kcash Imtokenweb: myethereumwallet Google browser plug-in: metamask
one of the most commonly used is imtoken
blockchain transaction technology concept:
let's take a look at how blockchain transaction is handled with bitcoin as an example. In order to send a certain amount of bitcoin to another wallet, you need the following information: the address to send the funds to your wallet, the amount of cryptocurrency you want to send
the ID of the recipient's wallet
each transaction is signed with a unique confidential private key. Once the payment is signed by the sender, it becomes publicly available. The transaction still needs to be confirmed so that the payee can get the money. In order to confirm the transaction, it is necessary to generate a new chain block
these blocks are generated by complex mathematical calculation to find the unique key. It takes 10 minutes to create a new block, and the person who finds the key gets a certain amount of coins as a reward. Once a new block of the chain is created, it is not possible to remove it from the database or change the information in some way. Therefore, blockchain transaction is final and irreversible
three core advantages of digital currency:
first, digital currency is a fair currency
digital currency has no specific issuing institution, is not issued by a country, only depends on a specific algorithm, which means that digital currency can not be manipulated by manipulating the number of issues, so digital currency is a free, non-state currency
we can see that there are many countries that directly recognize the virtual currency, so if there is a demand, it needs a trading platform
many investors who want to build a virtual currency trading platform now, why can't they go to these areas to build a trading platform? Building a virtual currency trading platform is a good business opportunity, isn't it
Second, the security factor of digital currency is higher.
although the emergence of paper money facilitates the transactions in our daily life, there are risks of being stolen and received. Although e-money can avoid these risks, there will be new problems such as theft and swiping
digital currency can avoid the above problems. And broadcast every transaction record on the network. Yes, all nodes save all the currency circulation information, so that any node can easily find the currency circulation before the transaction
Thirdly, the transaction of digital currency can realize anonymous transaction. Although you can query the flow information of each account according to the local complete transaction recordsbut we can't know who the owner of this account is, and no one has the ability to manipulate the digital currency on other people's accounts, which protects the privacy of users
if you also hold trading digital currency, foreign exchange gold, crude oil, contract Futures: