Storage chain digital currency

1.

1、 Different definitions:

1. virtual currency:

virtual currency refers to non real currency

digital currency:

digital currency is an alternative currency in the form of electronic currency. Both digital gold coin and cryptocurrency belong to digiccy

3. Cryptocurrency:

cryptocurrency is a kind of transaction medium that uses cryptography principles to ensure transaction security and control the creation of transaction units

4. Token (token):

a kind of article whose shape and size are similar to currency, but the scope of use is limited and has no currency effect, and its token is the homonym of token in English

Second, the characteristics are different:

1; It can also be said that virtual currency is personalized currency. In another way, it can also be called information currency

2. Digital currency:

is an unregulated and digital currency, which is usually issued and managed by developers and accepted and used by members of specific virtual communities

Cryptocurrency:

cryptocurrency is based on the decentralized consensus mechanism, which is opposite to the banking and financial system relying on the centralized regulatory system

4. Token (token):

usually needs to be exchanged for money, used in shops, playgrounds, mass transportation and other places, as a voucher to use services and exchange goods

extended data

at present, digital currency is more like an investment proct, because it lacks a strong guarantee agency to maintain its price stability, and its role as a value measure has not yet appeared, so it can not be used as a means of payment. As an investment proct, digital currency cannot develop without trading platform, operating company and investment company

digital currency is a double-edged sword. On the one hand, the blockchain technology it relies on has been decentralized and can be used in other fields except digital currency, which is one of the reasons why bitcoin is popular; On the other hand, if digital currency is widely used by the public as a kind of currency, it will have a huge impact on the effectiveness of monetary policy, financial infrastructure, financial market and financial stability

2. Blockchain is characterized by decentralization, trust, collective maintenance and reliable database

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

3. Digital currency is a virtual currency based on node network and digital encryption algorithm, which can be exchanged at will. The place of digital currency is just there. All the big domestic star traders, such as silktrader, fire coin, coin security, etc. The owner of digital currency can communicate with others on the platform through the matchmaking system, or directly purchase digital currency with legal currency through the legal currency channel.

4. 1. Blockchain is an account book for recording digital currency transactions

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.

5. Blockchain digital currency refers to cryptocurrency. The underlying technology is blockchain. There are many cryptocurrencies. Bitcoin is more famous. Detailed digital currency can be found in cryptofinance mimacaijing.

6. Blockchain technology is considered as the "golden key" to solve the social credit problem by technical means
I may have heard the saying "artificial intelligence is proctivity and blockchain is proction relationship", which also shows the development potential of regional chain
on the public blockchain, there can be no digital currency. So regional chain fire, digital currency is the same, and the Internet fire is a reason.

7. I think it's convenient and safe to use kushenleng wallet, because the part storing digital currency can only communicate through two-dimensional code, it won't touch the network, and it's very safe to store.

8. 1. Transaction payment speed is faster
euz transaction payment is automatically carried out on the chain. Combined with "blockchain + 5g" information technology, funds can arrive at the account immediately and complete transaction payment in milliseconds
2. Lower transaction payment cost
euz is based on blockchain technology, with decentralized characteristics, which can eliminate the participation of third-party institutions in the process of cross-border settlement and payment. Through the connection of block network, the merchants and consumers receiving payment can save a lot of intermediate costs, and the transaction payment cost is lower
3. The diversity of financial service procts is stronger
in the future, under the overall layout of the Internet 5g era, more financial services will be born in transaction payment application scenarios. Based on the decentralized euz platform, it can serve the financial field more efficiently. In the current financial business, the transaction between users is just the exchange between the simplest financial procts token. However, more types of financial procts, such as digital property rights and digital asset packages, can be launched based on the euz smart contract, and more digital financial procts provide more choices for the financial business in the euz platform
4. Cross border financial services are more interconnected
by creating a block network sharing payment agreement, euz makes the transaction between independent companies easier, reces the resistance in the cross-border financial services system, and enhances the efficiency of euz system.