Digital currency wallet with access to RMB
With the rapid development and popularization of network technology, people's life has almost undergone earth shaking changes. Many things that were extremely cumbersome and impossible in the past have become extremely convenient in today's changing network technology. Take the payment method as an example, the goods transactions of all dynasties are inseparable from the issue of coins, which is also the case for us in modern times. RMB, which is the most inseparable in our life, has been issued since 1948 for more than half a century, and its position in our daily life is needless to say
digital currency wallet is not classified, it's just a menu . On August 29 this year, China Construction Bank added & lt; Recharge digital wallet; And & lt; Digital currency & quot; Two submenus in fact, the concept of digital currency has been mentioned for several years. Although is just a test, this activity makes people excited. Is it true that the digital currency that they are thinking about will be issued? But just excited soon, I found that the two submenus were offline. In response, CCB said to the media: CCB has carried out relevant function test in the mobile banking system. At present, the test is over. At present, Internet information is the testing content in the process of technology research and development, does not mean that digital RMB is officially released moreover, the digital currency Research Institute of the people's Bank of China has indicated that it can realize the circulation of digital currency between different user clients in the transaction process through technical solutions, generation of new digital currency, cancellation of old digital currency, etc
In the future, the central bank's digital currency will replace part of the cash, but not all the paper money
Legal digital currency in China is the combination of digital currency and electronic payment instruments by the people's Bank of China, whose goal is to replace part of cash. In short, the digital currency of the people's Bank of China can be regarded as digital RMB cashdigital currency is essentially different from bitcoin, Libra and other virtual currencies. The latter has no national credit and legal compensation; The digital currency of the people's Bank of China is a legal currency guaranteed by the national credit, which has the same effect as cash
from the perspective of usage scenarios, the central bank's digital currency does not pay interest, and can be used in small, retail and high-frequency business scenarios, which is not different from the use of paper money. It does not rely on bank accounts and payment accounts, as long as the user has a digital currency wallet can be used. Moreover, the central bank's digital currency uses the latest al offline technology, which can still be used even without mobile phone signal
Dong ximiao, a distinguished researcher of the national finance and development laboratory, said that as long as the mobile phones with digital currency wallets are touched together, the transfer or payment can be easily completed
experts say that in the future, the central bank's digital currency will replace part of the cash, but not all the paper money. Dong ximiao, a distinguished researcher of the national finance and development laboratory, said that in China, paper money will exist for a long time, and our user habits are also different. Cash payment and non cash payment will coexist for a long time
at the same time, the digital currency issued by the central bank starts from replacing banknotes and coins in circulation, that is to say, assuming that the current currency in circulation is 100 yuan, the central bank's digital currency will replace the 100 yuan equivalent
Generally speaking, blockchain wallet is used to store digital currency. In fact, blockchain wallet does not store digital currency, but a tool to store key (private key and public key). With the key, you can have the right to control the digital currency in the corresponding address, and use the digital currency collection address generated in blockchain wallet, You can accept the digital currency transferred to you by others, and you can also transfer the digital currency you own to others.
classification of digital currency wallets:
can be roughly divided into two categories, hot wallet (online wallet) and cold wallet (offline wallet)
first, hot wallet
Hot wallet is also called online wallet, It includes light wallets and heavy wallets (all node wallets). The wallets that need to be connected to the Internet can be directly traded
1. Light Wallet:
does not store the complete blockchain, only stores the data related to itself. It is small in size and can run on mobile phones, computers, web pages, etc
advantages and disadvantages: it does not occupy memory, supports a variety of digital assets, has a good user experience, is fast for novices, but transaction verification is a little slow
2. HEAVY WALLET (full node wallet)
maintains all blockchain data, completely decentralizes and synchronizes all data. It has better privacy and can verify the validity of transaction data locally
advantages and disadvantages: it has better privacy and faster verification of information, but it needs to synchronize data before each use, takes up a lot of hard disk space, and does not support multiple digital currency transactions
Second, cold wallet
cold wallet is not connected to the Internet, also known as offline wallet; For example, professional hardware devices, or private keys (mnemonics) written on paper
1. Hardware wallet
Hardware wallet is to store digital currency with professional hardware, store the private key of digital assets in a chip, isolate it from the Internet, and plug and play
2. Paper wallet
the advantages and disadvantages of writing the private key on paper and then deleting
cold Wallet:
is relatively safe, but it is very troublesome to create a wallet and trade. It is difficult for novices to operate, and the price of wallets is relatively expensive, generally ranging from thousands to tens of thousands of yuan. If you don't have a large amount of digital assets, you don't need to consider
generally, it's recommended for novices to use light wallet. Light wallet is easy to operate and easy to use. Personal used geekwallet
simple and convenient light wallet supports bitcoin (BTC), lightcoin (LTC), Ethereum (ETH), EOS Storage and management of mainstream digital currency assets such as usdt
using bip44 mnemonics, local private key, off-line signature and other security mechanisms, as well as mobile phone and computer al backup strategy, completely solve the loss of digital currency assets caused by hacker attack, virus infection, mobile phone loss, forgetting mnemonics and other ways, and provide users with online Multi Chain digital assets one-stop management service. The platform also has tiaoshao market, which can carry out token trading of physical assets on the chain
In recent years, with the rapid development of mobile payment, many consumers have gone out without cash or bank card, and only one mobile phone can meet the demand of micro payment. Mobile payment is so convenient, why launch digital RMB
this activity will issue RMB 10 million digital red envelopes to indivials in Shenzhen, with the amount of each red envelope being RMB 200 and the total number of red envelopes being 50000
this pilot is an innovative practice to stimulate consumption and stimulate domestic demand ring the normalization of epidemic prevention and control in Shenzhen, and it is also a routine test in the process of digital RMB research and development{ RRRRR}
Digital RMB pilot is accelerating the application landing. With the continuous improvement and optimization of customer experience, it is expected to bring more convenient, efficient and safe payment experience to the public
the people's Bank of China recently published a commentary in China Finance magazine, saying that China needs to become the first country to issue digital currency to promote the internationalization of RMB and rece its dependence on the global dollar payment system