Foreign countries use Chinese digital currency to encrypt passwo

1. There are not many opinions on China's digital currency abroad. However, the domestic digital currency is very confused, capital disk, pyramid schemes, circle money is endless, people can't prevent it. bitcoin is a bad thing derived from the high price of bitcoin. The cheated group basically does not understand digital currency
bitcoin and lightcoin, the mainstream digital currencies, are not as profitable as expected. The expected revenue of crowdfunding projects launched by European crowdfunding is only about 30%. Those with high-yield currencies are basically certain to be scams.

2.

Differences:

non encrypted currency (enterprise currency):

1, personal behavior

2, company's own currency

3, unable to decentralize

4, unable to trade on international trading platform

5, unlimited issuance

6, no mine website, no original code

7, controllable price, mostly one-way relationship (dining ticket of an enterprise, Qmoney and so on)

open source digital cryptocurrency:

1. Decentralization -- not regulated by indivials, companies and national banks

2. Limited issue

3. Free trade on international trading platform

4. Original code

5. Not taxed, not frozen, uncontrollable price

cryptocurrency advantages:

1. Compared with paper money, Save the cost of printing, data audit, anti-counterfeiting, escort circulation, safe keeping and so on

2. It is impossible to control the number of issues without issuing institutions

3. Borderless. If you use cryptocurrency transaction, directly enter the account address, click the mouse, wait for the network to confirm the transaction, a lot of money will pass

4. Using cryptocurrency in any store can save the cost of tax and capital supervision

5. It is not controlled by the central bank and the quantity is limited, so it can completely resist the pressure of inflation. Let the wealth of the common people keep its value and increase its value The cryptocurrency other than bitcoin is also known as counterfeit currency and competitive currency (English: altcoin). Part of it is a virtual currency similar to bitcoin, which is based on the ideas, principles and source code of bitcoin. At present, more than 800 cryptocurrencies are in circulation

because bitcoin itself does not have an authoritative issuing institution and state power to maintain its authority and uniqueness, bitcoin and its imitators can only get along equally. It is not absolutely exclusive

3.

Cryptocurrency is not a tangible currency that can be carried with you, but a digital asset that can be exchanged“ The "encryption" part comes from using encryption technology for security and authentication ring a transaction

when using cryptocurrency for exchange instead of legal tender, crypto owners do not have to rely on banks to facilitate transactions, and can successfully avoid the costs of using financial institutions

generally, cryptocurrency transactions are processed and completed through the blockchain network. The blockchain is designed to be decentralized, so each computer connected to the network must successfully confirm the transaction before it can process it. Ideally, this would create a more secure transaction for all involved. It can also cause you to wait for a while; One of the big complaints about bitcoin is how long it takes to complete the transaction

domestic cryptocurrencies include bitcoin, Ethernet, Leyte and e-dinarcoin

extended data:

bitcoin: the concept of bitcoin was first proposed by Nakamoto in 2009. It is a P2P form of digital currency. Bitcoin is generated through a large number of calculations according to specific algorithms. Bitcoin economy uses the distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, And the use of cryptography design to ensure the security of all aspects of money circulation

ether coin: ether coin (a digital token of Ethereum, regarded as "bitcoin version 2.0"), can be bought and sold on the trading platform

lightcoin: lightcoin is a kind of network currency based on "point-to-point" technology, which can help users pay to anyone in the world immediately. At present, it is the second virtual currency after bitcoin's global circulation market value

reference materials:

network cryptocurrency

4.

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:

1. 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 />

   

5. Bitcoin, Ethereum, bitcash, EOS, REBO, etc. are the mainstream digital currencies. They can be properly invested, and the transactions are risky. You can invest cautiously. You can search the fire coin, coin security, OK, dobby trading platforms on the Internet, and all of them can trade bitcoin. These are the relatively large trading platforms, investing in the mainstream digital currency Don't invest in counterfeit money or air money.

7. Different people have different opinions on this issue! A lot of people and the media questioned it. But there are still a lot of people playing. The yield of this kind of currency may be relatively high, but it is unreliable. It is suggested to invest in digital currencies such as bitcoin, Ruitai coin and Qianjin card.

8. No. So far, the Chinese government does not recognize the legitimacy of any digital currency. Therefore, the application of digital currency in China is also illegal.

9. Recently, okex and Sina Finance jointly published a popular science video about blockchain introction. Before that, 36 krypton website also had videos about blockchain knowledge, which was made by Huo coin
with the strong rise of digital cryptocurrency represented by bitcoin, the emerging blockchain technology has graally become a hot research topic in academia and instry. The characteristics of blockchain technology, such as decentralized credit, tamper proof and programmable, make it widely used in digital cryptocurrency, financial and social systems. The domain names related to blockchain, such as. Top, have also been registered under the wave of blockchain, and many trading platforms can see relevant applications
blockchain technology has three obvious characteristics: openness, security and uniqueness
openness mainly refers to that the stored information in the blockchain is completely open to all participants. This is mainly determined by the point-to-point network storage mode of the blockchain. In the blockchain network, each node can store a of the blockchain, and the uniqueness of the blockchain can ensure that the is exactly the same between different nodes
security mainly refers to that the information stored in the blockchain block is saved after being processed by digital encryption technology, and only the private key holder can decrypt the information to obtain the real information. Other members can only see and verify the integrity and uniqueness of information, but cannot see the real information
uniqueness is mainly e to the fact that the information on the blockchain cannot be tampered with once it is on the chain, so it is unique. Of course, the uniqueness here also includes the uniqueness in space, that is, all nodes have only one version of information, and also includes the uniqueness in time, that is, the historical data cannot be changed. This uniqueness also means that the blockchain maintains the characteristics of a unique main chain in the process of operation, and once other chains appear, it is a bifurcation. The emergence of bifurcation will lead to the plication of blockchain in two different spatial dimensions. Of course, to solve this problem, we need to set reasonable consensus rules to avoid. When the concept of blockchain was hot, many related top domain names were registered and used as blockchain platforms.