English name of digital currency
warm tips: the above explanations are for reference only, without any suggestions. There are risks in entering the market, so investment should be cautious. Before making any investment, you should make sure that you fully understand the nature of the investment and the risks involved in the proct. After a detailed understanding and careful evaluation of the proct, you can judge whether to participate in the transaction
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They are:
bitcoin
the concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's ideas, the open source software was designed and released, and the P2P network was built on it. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system
bitcoin cash
bitcoin cash is a new version of bitcoin with different configurations launched by a small number of bitcoin developers
extended data:
virtual currency refers to non real currency. Well known virtual currency, such as network company's network currency, Tencent company's Q currency, Q point, Shanda company's voucher, Sina's Micro currency (used for micro games, Sina reading, etc.), chivalrous Yuanbao (used for chivalrous road game), silver pattern (used for bixue Qingtian game)
the popular digital currencies in 2013 are bitcoin, Leyte coin, infinite coin, quark coin, zeta coin, BBQ coin, pennies (Internet), invisible gold bar, red coin and prime currency. At present, hundreds of digital currencies are issued all over the world. Popular in the circle & quot; The legend of "bitcoin, Wright silver, infinite copper, pennies aluminum"
EOS coin
EOS (Chinese Name: EOS, English Name: EOS, abbreviation: EOS) is a token based on Ethereum released for eos.io blockchain system. Blockone is a new blockchain architecture developed by blockone company, which aims to expand the performance of distributed applications. The goal of EOS project is to achieve a blockchain architecture similar to the operating system supporting applications. The architecture can provide account, identity authentication, database, asynchronous communication and program scheling on hundreds of CPUs or clusters. The ultimate form of this technology is a blockchain architecture, which can support millions of transactions per second, and ordinary users do not need to pay for the use of the blockchain
function of EOS token
the current form of EOS cryptocurrency belongs to ERC 20 smart contract token on Ethereum blockchain. EOS ERC 20 token will be converted into the cryptocurrency available in EOS system 1:1 after the formal launch of EOS blockchain. The EOS system is expected to release the test network in August 2017, and it is expected to take one year for the main network of EOS blockchain to go online. The following application scenarios are introced after the EOS blockchain is officially launched
EOS cryptography currency has three main application scenarios: bandwidth and log storage (hard disk); Calculation and calculation reserve (CPU); State memory (RAM)
both instantaneous and long-term components consume bandwidth and computation. The blockchain system will maintain logs of all messages, which will be downloaded and stored by all complete nodes. With log information, the state of all applications can be reconstructed
the specific application scenario of EOS cryptography currency can be explained as:
receiver payment: customers purchase specific procts from the business, and the sales revenue of these procts will be used to pay the business cost, so as to avoid customers paying for the use of blockchain directly, and will not restrict or prevent enterprises from determining the monetization strategy of their procts
authorization capability: if a blockchain is developed by using EOS software system and its token is held by a ticket holder, it may not need to consume all or part of the available bandwidth immediately. Such a holder can choose to give or rent the unused bandwidth to others
separate transaction costs from token value: if the application owner holds a corresponding amount of tokens, the application can continue to run in a fixed state and bandwidth usage. Developers and users are not affected by price fluctuations in the token market, so they are not price dependent
block reward: each time a block is generated, the eos.io system will reward the block generator with a new token. The system may be configured to limit the reward cap for block procers, so that the total annual increase in token supply does not exceed 5%
community welfare applications: users can choose three community welfare applications, also known as smart contracts. These smart contracts will collect tokens based on the proportion of votes each application receives from the token holder. The elected application or smart contract can be replaced by the smart contract of the newly elected application or token holder
What are the technical advantages of EOS
1. EOS creates a developer friendly underlying platform of blockchain, which is similar to the operating system of blockchain. It has powerful performance, can support multiple applications running at the same time, and can support multiple programming languages at the same time. It provides developers with underlying moles to lower the development threshold, just like Microsoft's windows. Do you think Microsoft is worth money
2. EOS solves the problems of delay and data throughput through parallel chain and dpos. EOS can achieve a processing capacity of one million per second. At present, bitcoin has 7 transactions per second, while Ethereum has 30-40 transactions. This super power of EOS can hang bitcoin and Ethereum. For example, the recent cryptokitties | collect and breed digital cats! This is a very popular eth game. Only one game accounts for about 15% of eth's throughput. If there are seven or eight similar games at the same time, ETH will die. It's scary to think about it. Eth, which can't expand bandwidth, will have great challenges in throughput, and EOS can solve the above problems.
it is different from the virtual currency in the virtual world, because it can be used for real goods and services transactions, not limited to online games. The early digital currency (digital gold currency) is a form of electronic currency named after the weight of gold. Today's digital currency, such as bitcoin, lightcoin and ppcoin, is an electronic currency created, issued and circulated by check sum cryptography. It is characterized by the use of P2P peer-to-peer network technology to issue, manage and circulate currency. In theory, it avoids bureaucratic examination and approval, so that everyone has the right to issue currency.
bitcoin and other virtual currencies are open source programs, and the parameters and methods of their total amount limit are displayed in the open source code, so as to show the operation mechanism of the currency system openly and transparently. However, Vicat does not disclose its source code, which in itself violates the basic principles of virtual currency. " In addition, bitcoin and other virtual currencies are scattered transactions spontaneously formed in the market, and after the scale is formed, the third party graally establishes an exchange to complete the transaction. The Vicat is issued by itself and traded on its own platform. The so-called cooperation with the bank is nothing. Vicat currency, which has problems in basic properties, has high investment risk, so investors need to be cautious Netease News)
in the coin circle, bitcoin home and many mass media have also exposed the pyramid scheme of Vicat under the guise of bitcoin
economists point out that Vicat is a virtual currency with the nature of multi-level pyramid selling, and its investment risk is extremely high, so participants should be cautious
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I'm only a few hundred k now, and after restart = 0
so I have to be stable... I didn't turn it off for a long time...