TTC blockchain digital currency

1. Thank you
thank you
to know the difference between them, we need to know the definition of them first
digital currency: short for digiccy, which is the abbreviation of "digital
currency", is an alternative currency in the form of electronic currency. Both digital gold coin and cryptocurrency belong to digiccy
blockchain: blockchain is a new application mode of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other computer technologies. Blockchain is essentially a decentralized database, also known as the trust machine
from the above definition, we can know that blockchain is a technology, and digital currency is a kind of virtual currency
digital currency is not equal to blockchain
many people will understand blockchain as blockchain. Here I want to correct that digital currency is not equal to blockchain. Digital currency is only an application of blockchain, and some digital currencies may not be applied to blockchain technology.

2. In a narrow sense, blockchain is a kind of chained data structure that combines data blocks in chronological order in a way of sequential connection, and it is a distributed account book that can not be tampered with and forged by cryptography. In a broad sense, blockchain technology is a new distributed infrastructure and computing paradigm, which uses blockchain data structure to verify and store data, uses distributed node consensus algorithm to generate and update data, uses cryptography to ensure the security of data transmission and access, and uses intelligent contract composed of automated script code to program and operate data
nowadays, the mainstream digital currencies are basically developed based on blockchain technology. Blockchain is the underlying technology of digital currency. The domestic tea based digital currency Puyin is developed based on blockchain technology.

3. There are a lot of development companies in this area, but we must pay attention to safety. Blockchain is also a technology supported by the state, so many development companies have joined in. Recommended here: Sichuan Huashang Jusheng Technology Co., Ltd. With more than ten years of experience in Internet technology research and development.

4. I've learned about this TTC project and participated in the activities. The main network of this project just launched this year is also making wallets. It's building their own TTC ecology, payment, social networking, advertising and so on. It's a big game of chess

I understand that their ecological goal is

master-slave chain structure
the main chain is used for asset trading, with high security requirements; The slave chain is used for data transaction with fast speed

payment solution
the solution for TTC asset transfer. By accessing the TTC payment SDK, anyone can take TTC as a new payment method

win-win ecosystem
TTC is committed to building a stable ecosystem for super nodes, voting users, DAPP developers, users, users, etc Businesses provide value

TTC connect
TTC connect builds a bridge between users and TTC, users can transfer assets, reward synchronization, vote for super nodes, pay with TTC, etc.

TTC is a blockchain solution for large transaction volume and a sustainable token economy model. In foreign well-known market website coinmarketcap and domestic well-known market website non small can query<

TTC is developing rapidly. In March this year, TTC released version 2 of TTC white paper, launched TTC main network and launched TTC connect. In addition, TTC has already been online in major exchanges, such as upbit, the largest exchange in South Korea, coinzest, tokocrypto, bitrex, bibox and bitforex

consensus mechanism is the core of blockchain. After decades of development, consensus mechanism has derived a variety of consensus algorithms from the initial single workload proof pow, such as asset proof mechanism POS, proxy asset proof mechanism dpos, Byzantine fault-tolerant algorithm BFT and so on. Each consensus algorithm has its own advantages and disadvantages. TTC platform is designed to deal with large-scale transactions and support rapid verification. It uses multi-layer bft-dpos as the consensus mechanism

multilayer BFT dpos is a consensus algorithm based on dpos, and a series of super nodes generate blocks on behalf of all users, which improves the speed of transaction confirmation through BFT mechanism

this is the most I know, many of them are seen on the website, I hope it can help you;

5. Blockchain + digital currency opens "different" payment methods
with the continuous development and progress of society, great changes have taken place in our lifestyle, such as mobile payment and online shopping, which have brought great convenience to our life. Since the birth of online shopping, online payment has become a part of our life
online shopping is convenient, but it is also through the middle of a "invisible" process of payment, such as we bought something on the Internet, first pick out what you love, then you have to pay the problem:
now most people use Alipay is the way of payment, then first Alipay will receive payment request. Then it initiates the protocol to the network, saves the information to the database, and forwards the request to the bank. When the Alipay account shows that the dection is successful, it will have to be connected to the bank through the Internet. Then the buyer will confirm receipt after receiving the goods, so that the buyer will dect the money before transferring to the seller's account. Not only is the transaction process too cumbersome and complex, it is clear that the transaction between the two parties has to go through a series of links. More importantly, once the intermediate payment link collapses, the whole transaction will stop, and the subsequent operation is really troublesome

in fact, the popular explanation is that when I want to buy something, I give the money to the middleman and ask him to help the seller. If the middleman makes any mistakes, it may lead to the situation that the money can not be recovered and the goods can not be obtained
is there any way to simplify the transaction process and improve the transaction efficiency? Yes, the current hot blockchain technology and digital currency payment can better solve the above problems:

blockchain has become one of the hot topics in the past two years. Blockchain can replace the existence of these third-party services:
first, blockchain can not be tampered with. Every transaction will be distributed to each block for record keeping, Then use cryptography to verify, any malicious damage or record deletion will be found, so the whole process of shopping will be seen. Blockchain strengthens the trust, traceability and transparency in the transaction, making our transaction faster and more convenient<

the second is the unique payment characteristics of digital currency:
the decentralization of digital currency can eliminate the intervention of the third party, and there is no need to worry about the problems of the third party, resulting in the whole transaction payment process can not continue
the point-to-point transmission of digital currency saves the time link in the whole payment process and realizes fast payment, so that both parties can receive money quickly and save time
openness and transparency of digital currency: except for cash transactions, all transactions based on online payment are just a series of numbers, and all transactions of digital currency are open and transparent. You can check the transaction records of all payments, which can ensure the security of the overall commodity payment
and like China's booming WeChat, Alipay and other payment platforms, cross-border payment has been realized, but there is a problem that fees will be more expensive than domestic payments, and the settlement cycle will be longer than domestic. In general, efficiency will be slow, time is long, and hand renewal is expensive. Digital money will make traditional transactions "no longer traditional". That will also make cross-border payment more efficient: digital currency is not subject to the "constraints" of any country or bank. Based on blockchain technology, it can just bypass this centralized system with low handling charges, and its point-to-point transmission transaction characteristics can effectively improve the current problems of long-time and high cost of cross-border payment

the times have been developing, and the way of life is constantly improving. Online shopping and payment are born from our development, with both advantages and disadvantages. Then we will try our best to push everything in a better direction
digital currency is on the rise. Although the current digital currency is not perfect, many countries have begun to use digital currency as a payment method. Due to the various characteristics of digital currency, bitcoin, Ethernet, Las Y2, QTP (wechat ID: yingbivc), ASEC and other digital currencies are being actively used. They can not only simplify the traditional online payment transaction process, but also circulate payment around the world and rece exchange rate issues such as handling charges. Don't just look at digital currency with one eye. Maybe in the near future, it will open the era of digital currency full payment!

6. 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.

7. There are not too many reliable domestic digital currencies. Generally, most excellent digital currencies are imported procts, such as bitcoin, Leyte currency, ether currency, etc
however, Yuanbao coin, Ruitai coin, bitcoin and the tokens of different crowdfunding projects in Europe are excellent digital currencies.

8. In fact, this is not difficult to understand. Take an example
blockchain is equivalent to the Internet, and Alibaba is equivalent to bitcoin
the Internet has become a part of our daily life, and even most people rely heavily on the Internet. The Internet has changed our way of life. People basically hold a positive attitude towards the value of the Internet, but people do not necessarily recognize the price of Alibaba
bitcoin is just an application of the blockchain, just like the digital currency crowdfunding platform, coin Ying China is just an application of the blockchain.

9. TTC is the abbreviation of time
treaty
chain in English. There is a branch in Shenzhen called time treaty blockchain Technology (Shenzhen) Co., Ltd. Time
treaty
chain (TTC), for short, is committed to building a decentralized, open-source, compound contract function chain ball ecological platform with block identity technology as the core. The initiative of block identity aims to realize the global block identity traffic ecology of (public chain +
alliance chain + private chain) * side chain in the digital world.