What are the advantages of developing your own digital currency

1. Little brother, I will do it. What kind of virtual digital currency do you want to develop? I can basically operate it. The key is cheap!

2.

China does not issue digital currency, and all the existing digital currencies are illegal

the central bank pointed out that no legal digital currency has been issued, and no institutions and enterprises have been authorized to issue legal digital currency. At present, the so-called "digital currency" in the market is not legal digital currency

virtual currency is the electronization of illegal currency, and its original issuer is not the central bank. This kind of virtual currency is mainly limited to circulation in a specific virtual environment. Digital currency can be used for real goods and services transactions, but only the digital currency issued by the state is legal digital currency

"the legal currency of our country is RMB." In the risk warning, the monetary Bureau of the people's Bank of China once again stressed that RMB is uniformly printed and issued by the people's Bank of China

extended information:

with the soaring price of virtual currency represented by bitcoin, digital currency and the blockchain technology behind it have attracted great attention of the global financial community. In fact, legal digital currency has not yet been issued in China. Recently, the official website of the monetary Bureau of the people's Bank of China (PBOC) released the risk warning on issuing or promoting digital currency in the name of the people's Bank of China

in 2013, the central bank, together with five ministries and commissions, issued the notice on prevention of bitcoin risks, which clearly defined non legal digital currencies such as bitcoin as virtual commodities, which do not exist in the form of currency and legal currency

At the same time, digital money is different from electronic payment. In the actual use experience, digital money and electronic payment may feel similar, but they are still quite different in essence. Before digital currency, the financial instry has been highly informationized

such as Internet banking, WeChat, Alipay and other payment electronic popularization graally, physical cash accounts for only a very small part of all circulating currencies. In spite of this, because the money used in the transaction comes from the bank account, it actually corresponds to the banknotes

currently, digital currency in the market involves multi-level marketing

digital currency is a new technology that can improve the efficiency of transaction, but it is targeted by lawless elements to carry out pyramid selling and fraud in its name

the official website of the monetary Bureau of the people's Bank of China issued the risk warning on issuing or promoting digital currency in the name of the people's Bank of China. The central bank pointed out that recently, indivial enterprises falsely used the name of our bank to label relevant digital procts as "authorized issuance by the people's Bank of China", or falsely claimed that the digital currency promotion team of the central bank issued, in an attempt to deceive the public and take the opportunity to make huge profits

in the risk warning, the central bank stressed that the bank has not issued legal digital currency, nor authorized any institutions and enterprises to issue legal digital currency, and there is no promotion team. At present, the so-called "digital currency" in the market is not legal digital currency

at the same time, the so-called "digital currency" launched by some institutions and enterprises and the so-called promotion of the central bank's issuance of digital currency may involve pyramid selling and fraud. The general public should raise their risk awareness, invest rationally and prudently, and prevent the interests from being damaged

3. Currency transaction
currency transaction is mainly aimed at the transaction between digital currency and digital currency, in which one currency is used as the pricing unit to purchase other currencies. The currency transaction rule is also to complete the matching transaction according to the price priority and time priority
C2C transaction
both sides of the transaction release the transaction information of buying or selling currency on the C2C transaction platform according to the demand. The buyer and the Seller shall make payment according to the reservation. When the transaction is completed offline, the platform, as an intermediary, charges a certain percentage of the handling fee from each successful transaction
OTC OTC trading
is a set of offline purchase digital currency platform independent of the exchange. Anyone can publish purchase / sale advertisements on the platform. The purchase / sale users can purchase / sell through offline transfer. After the transfer, the platform will transfer the frozen digital currency to the buyer.

4. Now the development of digital currency is very simple, there is a standard process, there is no technical difficulty. But now the most important thing of digital currency development is the planning of application scenarios. Without the application of digital currency, there will be no value. Of course, this kind of digital currency subverts the existing digital currency
for example, zero currency appeared this year, which is invincible in terms of anonymity. It is known as the best digital currency in the world with anonymity, and it is technically superior. The project token of European crowdfunding platform crowdfunding is not innovative in technology, but it has application problems.

5. Yes, and a lot of them
Ruitai currency: it is a digital currency designed with the participation of Sha Qian, a well-known digital currency scholar in China. It is an asset certificate, and credit endorsement is a medical equipment asset and part of the shares of Sha Qian Tong
Yuanbao coin: it was developed by Yuanbao team in China. Yuanbao coin is a relatively successful currency in China, and many related projects have been carried out
Qianjin card: developed by Qianfeng team in China, it is mainly used in Qianfeng mall and overseas luxury purchasing market.

6. Digital currency is abbreviated as digiccy, which is the abbreviation of "digital currency" in English. It is an alternative currency in the form of electronic currency. Both digital gold coin and cryptocurrency belong to digiccy

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
response time: January 5, 2021. Please refer to the official website of Ping An Bank for the latest business changes
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7. As early as 2013, digital currency became popular, and many digital currency exchange development companies have sprung up in so many years. You need to be an exchange, security, function and development cycle of the exchange. Unique functional requirements, fiwork mutual metal workshop, excellent safety and stability.

8. First of all, if we want to develop digital currency, we must have a comprehensive understanding. Since the governor of the central bank proposed the concept of digital currency, many small partners are eager to try, looking for digital currency development tutorials everywhere on the Internet, hoping to keep up with the pace of the times. This is a good thing. However, we need to know clearly what the purpose of developing digital currency is. If it's out of interest, OK, you can study the online course yourself until you can develop digital currency yourself. But if it's for long-term development, it can't be so sloppy. We must clearly know what matters needing attention in the development of digital currency, including the way to solve the problems encountered in the development is the most effective

secondly, we should be careful in the development process. Digital currency development course can only give us a general guidance, and the specific operation should be carried out by special personnel. Compiling mining tools is to understand the use of norms, and then operate. Now if the ready-made code on the general network does not support our algorithm, we have to re-examine the code, and then try again and again. If there is a problem in any step, all previous achievements may be wasted, so caution is the key

finally, in fact, the advantages of specially assigned R & D outweigh the disadvantages. Because the digital currency development course is not so easy to master. Even if it is a simple algorithm modification, the general experts need to spend more than a month! If we really want to develop digital currency for long-term development, we suggest that you find professional institutions. Although it costs a little money, it saves time and avoids loopholes. Only in this way can we safely develop digital currency!

9.

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 tools

the 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 records

but 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: