Digital currency node
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
a node is a network node in the blockchain distributed ledger system. By connecting servers, computers and other devices through the network, different types of blockchains have different ways to become nodes. For example, bitcoin participates in trading and mining, and EOS participates in election campaign to become a node
the following is what is a bitcoin full node
bitcoin full node is the node that downloads and preserves complete blockchain data by loading bitcoin clients (including bitcoin unlimited and bitcoin)
because of the congestion of the blockchain transaction network, the author solves the problem by adjusting the broadcast communication, information encryption and decryption, consensus mechanism and transaction verification mechanism. In the whole bitcoin network, from miners to ordinary users can be regarded as a node in the bitcoin network, but because bitcoin has the characteristics of multi centralization, In the whole network, its important role is "bitcoin all nodes."
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 currencies, such as bitcoin, lightcoin and ppcoin, are electronic currencies created, issued and circulated by means of check sum cryptography.
bitcoin unlimited version and bitcoin version) and
downloads and preserves complete blockchain data Currency exchange (digital currency trading platform)
