Unlimited amount of digital currency
Digital assets and digital currency are not the same thing
Digital assets refer to the non monetary assets owned or controlled by enterprises or indivials in the form of electronic data and held in daily activities for sale or in the process of proction. The emergence of digital assets benefits from office automation, digital assets rely on the development of electronic payment system, its prospects are predictable2. Digital currency
digital currency refers to the digitization of currency. Digitization doesn't mean scanning. This is just like digital signature. Digital signature does not mean scanning your signature into a digital image, or using the touchpad to obtain the signature, let alone your signature
digital currency is often mistaken for virtual currency. But virtual currency refers to non real currency. For example, when you play "Three Kingdoms" (game) or "grand Voyage", you have money, and that money is virtual. Of course, the virtual money will also have its real value
for example, if you buy her / his account from another player, you can get all the virtual assets of that player, and then it will be much easier for you to continue playing. Virtual money is not necessarily digital. For example, children play games with pebbles as virtual currency
extended data
characteristics of digital assets:
1. High price. Because these application software with special purpose is specially developed for a specific work, its cost is relatively high, and its price is not lower than the price of fixed assets of factory buildings
(2) strong attachment. Application software must be supported by computer hardware and system software in order to play its role3. Strong interaction. Even the simplest application software also has some interactive functions, such as the error prompt to the operator, which is the most basic advantage of IT instry procts
The quantity is infinite. Digital assets as assets are scarce (because not all enterprises or indivials can create digital assets), but its supply can be unlimited. However, tangible assets are always limited e to the limitation of property and storage space Cost decreasing. The proction cost of tangible assets is positively proportional to the proction quantity References:
Network: digital assets
Network: digital currency
digital currency is an unregulated and digital currency, which is usually issued and managed by developers and accepted and used by members of a specific virtual community. The European Banking authority defines virtual currency as a digital representation of value, which is not issued by the central bank or authorities, nor linked with legal currency. However, because it is accepted by the public, it can be used as a means of payment, or it can be transferred, stored or traded in electronic form
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1. Litecoin is similar to bitcoin, which is also an encrypted digital currency, and its price has risen sharply recently. It is a P2P open source digital currency, which can be regarded as a branch of bitcoin. However, although lightcoin is based on bitcoin protocol, it does not require very high computing power. It can also be mined using ordinary computers. 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)
2. Namecoin
namecoin is also based on bitcoin, which is another branch of open source. Namecoin is a distributed DNS protocol -- generally speaking, it can transform the website name (such as ifeng. Com) that can be understood by human into the address that can be understood by machine. As its own DNS, this kind of currency can operate outside the normal Internet, so it can break away from the control of ICANN
the monetary value and domain name of namecoin are stored in the user's blockchain records, limiting the total number to 21 million
3. Peercoin
peercoin is a peer-to-peer variant of bitcoin, which can improve mining efficiency and security, and improve safeguard measures to avoid group mining. Now, group mining has been considered as a potential defect of bitcoin. According to the statistics of emerging currencies by coinmarketcap.com, peercoin currently ranks fourth in the market value of digital currencies
4. Primecoin
primecoin is a cryptocurrency similar to bitcoin, but it uses a completely independent mining algorithm. Bitcoin uses the hashcash algorithm, while prime coin uses the long Cunningham chains to create the value of money - a sequence of prime numbers named after mathematician AJC Cunningham
in the process of bitcoin mining, as the amount of money goes on, the difficulty will increase sharply. But prime is different. Every time a primecoin is mined, the mining difficulty will increase slightly, and the process is much more stable< 5. Feathercoin
based on the design of litecoin, released in April 2013, can adjust the mining difficulty more frequently than litecoin. Feathercoin will be updated frequently, adding new features and improvements to eliminate malicious mining behavior
6. Novacoin
another P2P digital cryptocurrency. Novacoin is different from most other currencies in that it integrates a protection mechanism in the currency core, which can identify illegal mining activities
the total number of novacoin is limited to 2 billion, which is considerable. If necessary, the total can be adjusted upward
7, infinitech
published in June 2013. A by-proct of litecain. According to the mining situation and the total amount of money, infinite money can frequently adjust the mining difficulty ratio< Megacoin was only released in the fourth quarter of 2013, imitating bitcoin in the early stage. The total number of megacoin is limited to 42 million, which can be mined like other virtual currencies. Its biggest selling point is brand publicity, which other digital currencies lack< It was released in 2013 and is still in its infancy. In the security part of quarkcoin, nine independent loops are deployed and six different algorithms are used.
the development of this kind of digital currency depends on the quantity. There are more than 30 million digital currencies. Dogcoin is a typical example. Although dogcoin is the digital currency with the second largest number of users in the world after bitcoin, its recent development momentum is not optimistic. The total number of thousand gold cards is only 3 million, but the development momentum is good.
the resolution calls on the idea of bitcoin, but does not directly mention its name. Instead, it calls it "alternative illegal currency". Blockchain technology is the key point, which points out that this technology has the potential to "fundamentally change" the way trust and security are built on online transactions
but in fact, the United States has not taken action to formulate this rule. However, there is a global blockchain alliance R3 in the process of formulating the standard for the use of blockchain. Of course, blockchain is just a technology that can be used by anyone. In China, there is a project called decent, which is more avant-garde. It uses blockchain technology to create a decentralized content release, but it may encounter some problems in China.
Infinite coin is a new digital currency, which has more circulation advantages than bitcoin, and fills the short board of bitcoin in the field of commercial circulation and promoting commercial operation
Krugman, the Nobel Laureate in economics, pointed out that bitcoin is a retrogression in history. Although he affirmed the scientific and technological progress of bitcoin as a digital currency, he also pointed out that money can not only be g out and hoarded, but the essence of money is a means to promote commercial circulation. If infinite currency is successful, it will make an important contribution to the global recognition of digital currency model
the total amount is about 90.6 billion; Confirm every 3 seconds; Basically, all of them have been excavated, about 90.58 billion yuan; There was no poaching
one transaction of unlimited currency needs three confirmations, and each confirmation takes three seconds, so the transaction confirmation speed is very fast. Because bitcoin transaction confirmation takes 1 hour and lightcoin transaction confirmation takes 15 minutes, infinite coin is used in daily common transactions, which is more practical
infinite coin was released on June 5, 2013. Based on scrypt POW algorithm. A block is generated in 30 seconds. In the initial block, there are 524288 infinite coins in each block. After that, for every 86400 blocks generated, the number of infinite coins in the block is halved, with a total of about 90.6 billion infinite coins. The difficulty of mining is adjusted every hour
at the beginning of its release, infinite coin, like many other digital coins, was extremely cheap, and only a small number of players were playing
with the dramatic rise and fall of bitcoin in the second half of 2013, other cryptocurrencies are graally recognized by everyone, and the number of "Shanzhai currency" is expanding, which has a impact on the price of bitcoin
the value of infinite currency has also increased since October 2013. The most ferocious increase occurred from November 23 to November 27, 2013. The price of single currency soared from the lowest 0.000008 yuan to the highest 0.0014 yuan, with an increase of 17500% in five days, setting the highest weekly increase record among all digital currencies. With the successive withdrawal of speculators, the value of infinite currency fluctuated repeatedly and graally fell
subsequently, as cryptosy, coinex, coins-e, easecoin, niubtc and other platforms graally incorporated unlimited currency into the trading platform, the value of unlimited currency rose steadily. Due to its obvious circulation advantages and characteristics, unlimited coin has graally spread to more and more holders. At the same time, there are many enthusiasts dedicated to promoting unlimited coin in the online unlimited coin post bar
there are infinite dice, coinjack, coinbomb, black jack, Lotto coin world, encryption game key, Sarasota slot, visa4crypto, coincable, bitezze and other services that use infinite coin for payment in the world
the original mineral reserves of infinite coin will be halved every month. The original mineral reserves will proce nearly the total amount of coins on September 5, 2014, and then infinite coin will enter the full circulation stage
in the field of cryptocurrency, there is a popular saying: "bitcoin is gold, litecoin is silver, infinitecoin is copper", which means "bitcoin, lightsilver, infinitecoin is copper"
this shows not only the popularity of unlimited money, but also the positioning of unlimited money as a micro payment activity serving the daily life of the general public
tips: investment is risky and you should be cautious when entering the market. You should not blindly chase up and down in investment. You should have enough understanding of the currency itself. At the same time, if you have a loss, you should timely set the amount of stop loss you can bear to avoid greater losses