Digital currency mining data platform
trading mining online time: June 2018
Project Introction: bit-z, founded in Hong Kong in 2016, provides digital asset trading and OTC (over-the-counter trading) services
dividend method: "transaction mining". Users who participate in the transaction can get a refund of service charge (in the form of equivalent BZ, and need to complete three-level certification); Each phase of 10 million BZ will be released step by step, and each phase of 10 million BZ will automatically enter the next phase. The return ratio of each period will decrease by 3%
total number of tokens issued: 1.2 billion BZ.
"Transaction is mining" is a typical platform operation mode. Users mine through transactions. Some platforms will issue their own tokens as rewards for users' trading behavior
Relevant introction:in June 2018, the cryptocurrency exchange fcoin put forward the concept of "trading is mining", and in a short period of time, the daily trading volume rose to the first in the world, triggering a war between exchanges
"transaction is mining" is actually a return mechanism of personal transaction fees based on platform currency. Strictly speaking, there were similar playing methods before the establishment of fcoin. For example, bibox had a mechanism to return a certain proportion of fee income to platform currency holders
extended data
fcoin's "transaction is mining" is repackaged. Following the allocation rules of bitcoin mining, 51% of platform currency ft is taken as the mining reward pool. Through "mining (trading on fcoin)", FT is graally unlocked. Once 51% of FT is fully fed back, "mining" is automatically terminated
in terms of specific implementation, fcoin trading means mining starts at 0 o'clock every day (GMT + 8), and the transaction fees generated by users will be converted into ft for accumulation every hour. The conversion price is calculated according to the average price of FT in that hour (the average price is calculated as total transaction amount / total trading volume)
U.S. dollar is another name of U.S. dollar. Why is U.S. dollar also called U.S. dollar. The Bretton Woods enlightenment came at the end of the Second World War
In July 1944, more than 300 representatives from 44 countries held the "UN International Monetary and financial conference" in Bretton Woods, New Hampshire, U.S.A., and adopted the final resolution of the UN monetary and financial agreement as well as the International Monetary Fund Agreement and the international bank for reconstruction and development agreement, Thus, the Bretton Woods system centered on US dollar was establishedestablish the International Monetary Fund to negotiate international monetary affairs and provide financing support for the short-term balance of payments deficit of member countries; The US dollar is directly linked to gold, and the currencies of various countries are linked to the US dollar (i.e. "double pegging") to implement an adjustable fixed exchange rate system. Because of the history of pegging US dollar to gold, it is customary to call us dollar US dollar
extended data:
the direct link between us dollar and gold is one of the two main contents of the Bretton Woods system. According to the international monetary fund agreement adopted in Bretton Woods, New Hampshire in July 1944, all countries must confirm the official price of gold of US $35 per ounce stipulated by the US government in 1934, which is the basis of the international monetary system
the U.S. government undertakes the obligation of governments or central banks to exchange U.S. dollars for gold at this official price, while governments of all countries must assist the U.S. in maintaining the official price of gold and cooperate with the U.S. government to intervene when the price of gold is impacted. The direct link between us dollar and gold makes us dollar equal to gold and establishes US dollar's central position in the Bretton Woods system