CCN digital currency

1. I didn't understand this company. There is no Zhongjin Botai company. As for the mentioned coin, it is unheard of. Is it really best to contact the relevant person in charge of the company, they should let you know. However, this kind of currency is generally not a digital currency, but a marketing currency at most. In fact, it has no application scenarios and practical value. This kind of currency is naturally different from innovative digital currencies such as bitcoin, Ruitai and Laite.

2. Now it's very slow. I have all kinds of mining machines. Now dig DCR and Zec. Faster

3.

If you want to participate in the transaction of digital currency, you must understand the digital currency ecosystem

It can be said that digital currency exchange is the most important part of the whole instry. Digital currency exchange provides investors and traders with the capital channel to buy and sell digital currency. At the same time, the trading activities of the exchange determine the price of many digital assets

according to coinmarketcap, the capital flow of digital currency exchanges is huge, with the average daily trading volume of the top five exchanges exceeding US $3 billion

there are hundreds of digital currency exchanges around the world, some of which operate globally in mainstream markets, while some focus on niche markets

for example, AAX is committed to providing services for digital currency traders and institutional investors, integrating the digital currency world with the global economy, and providing unparalleled first-class technical capabilities using the matchmaking engine supported by lseg technology

many substitutes have successfully occupied a certain market share shortly after their launch. What digital currency exchanges have in common is that they together provide the development soil for these alternative currencies

digital currency is no longer limited to bitcoin. Other digital currency assets, such as eth, XRP, BCH, usdt, LTC, EOS, xtz, etc., have a place in the portfolio and diversification strategies of many digital currency dealers

At present, there are many similarities between digital currency trading and foreign exchange trading, because the basic principles, tools, indicators and strategies used in foreign exchange are also applicable to digital currency trading. AAX College's digital currency trading section discusses these topics in depth and extensively

blockchain protocol

blockchain is the underlying technology that makes digital currency possible. There are many kinds of blockchain protocols, and the technical characteristics, advantages and disadvantages of each protocol are slightly different

for example, bitcoin blockchain relies on mining and pow (proof of work) mechanism to process transactions, while another blockchain may use dpos (proof of entrustment) mechanism instead of mining. In addition to bitcoin blockchain, other noteworthy protocols include eth, hyperledger, EOS, XLM, Iost, kin, TRX and stem. Among these blockchain agreements, ETH (Ethereum) is commendable in promoting the rapid innovation of the entire digital currency ecosystem

Ethereum platform was created by vitalik buterin, which indicates that developers can make better use of the resources of the platform by using their own programming language solidity. Ethereum has made blockchain technology all the rage, creating a new world of innovative decentralized applications on the basis of smart contracts and custom tokens. At present, most of the substitutes are based on Ethereum's erc20 standard

the district centered financial movement, or defi for short, is also basically based on the Ethereum blockchain agreement

financial services

for every service in traditional finance, Ethereum based defi applications have corresponding alternative versions for everyone to access. The defi app allows users to create stable currencies, lend money and earn interest, send and receive payments, get loans, trade, take positions in the forecast market, enter the real estate sector, and so on. Smart contracts are the key to making decentralized services possible. Once certain conditions are met, the smart contract will automatically perform the pre agreed activities

at the same time, traditional finance also began to provide new customized services for the field of digital currency. At present, some fund managers provide investors with the option of adding digital currency into their portfolios, the trustee provides security services for investors who invest a lot of money in digital currency, and many analysts in mainstream media (such as Bloomberg) also have a strong interest in digital currency

digital currency hardware

for those who like to build their own security measures, the huge digital currency hardware market can provide professional traders and long-term holders with the tools they need. Trezor and ledger are the most famous hardware wallets. They essentially provide the same value for digital currency traders, that is, a more secure way to store digital currency

of course, digital currencies stored in hardware wallets cannot be traded in the market. Therefore, digital currency traders usually allocate funds between the hardware wallet and the exchange according to a certain ratio according to their own trading style preference

There are so many activities of

data aggregators and blockchain analysis

cross blockchain, which proces a large amount of data, and also spawns the emergence of sub instries, namely data aggregators and blockchain analysis instries. Companies such as coinmarketcap are the preferred source for quick inspection of digital currency and exchange data. They collect statistics on trading volume, liquidity, market value, price trend, circulation and the whole instry, such as the total amount of money, the number of markets, the market value of the instry and the proportion of BTC market value

people who are more interested in blockchain analysis can find the required data in websites like blocktivity. Here, you can view the relevant data of each indivial blockchain agreement, including the number of operations in the last 24 hours, the average number of operations in the last 7 days, the market value and Cui index, that is, the remaining available capacity after the actual usage of the current blockchain agreement. All in all, these websites can provide valuable insights for the blockchain instry

for example, the average number of operations of Ethereum in the past seven days was 667000, with Cui slightly higher than 50%, while the average number of operations of EOS in the same time range was 63 million, with Cui slightly lower than 50%. Technically, the performance of EOS protocol is more powerful than that of Ethereum. However, this can not prevent Ethereum from occupying 70% of the total market value of the most mainstream currencies

digital currency media and conferences

in today's world, almost everyone is the publisher of content. Without we media instry, such a large-scale instry will no longer exist. Digital currency has given birth to a wide range of media patterns, covering news media, KOL and related conferences for currency, public chain and code

digital currency head media include coindesk, cointegration, bitcoin magazine, decrypt, CCN, bitcoinist, newsbtc, etc. Some KOLs are also well-known, sometimes even more popular than the news media

YouTube celebrities, such as datadash, dollar villante, altcoin buzz, Ivan on tech and boxmining, have subscribers from 200K to 300K. In the field of digital currency trading, the top stars of cryptotwitter include venture coinist, cryptocred and cryptodon alt, with 211k, 140k and 120K fans respectively

if you want to have face-to-face communication with companies and people, digital currency and blockchain meetings should not be missed. Every year, there are many conferences around the world for investors, blockchain experts, start-ups, institutional financing, currency or agreement related communities. In 2019 alone, we sponsored and participated in blockchain live in London, the capital summit hosted by coinmarketcap in Singapore and the world mobile conference in Shanghai. We have had exciting meetings with other digital currency companies and major financial institutions, and established contacts with regulators from different jurisdictions

digital currency supervision

with the continuous growth of the market and audience of digital currency instry, in most cases, financial regulators are still developing relevant frameworks to protect investors and consumers. Regulators may take a very different approach, which is a challenge for companies operating across multiple jurisdictions

ring the ICO boom in 2017 and 2018, many projects were launched before the regulatory framework was established, while some projects did not meet the criteria of the jurisdiction and were suspended ring the fund-raising process. All this comes from how to classify digital assets, and the understanding of classification is constantly changing. At present, we divide digital assets into security token and practical token

in the past year, with the proposal of Libra, the promotion of supervision is also increasing. The central bank is also actively exploring the significance of blockchain technology to its policies and economic activities, and constantly publishing reports

the rapid development of digital money ecosystem

these components of digital money ecosystem are growing and developing in an orderly way, contributing to the increasingly sound instry. From the minority interest in 2009 to the active digital asset economy, digital currency has come a long way

However, in order to achieve the development and wide participation of the instry, a strong ecosystem is not enough. We need a better link between digital money and global finance. The better the combination of digital currency and traditional finance, the easier it will be for newcomers to understand the digital currency ecosystem

for every novice, as exchanges, financial services, media and regulators graally adapt to the expectations of mainstream consumers, the digital currency instry will further develop, which may improve investment outcomes

4. BP neural network has the ability of arbitrary complex pattern classification and excellent multi-dimensional function mapping, which solves the exclusive or (XOR) and some other problems that can not be solved by simple perceptron. In structure, BP network has input layer, hidden layer and output layer; In essence, BP algorithm takes the square of network error as the objective function, and uses the gradient descent method to calculate the minimum value of the objective function.

5.

Mongolia has issued its first digital currency license under the new payment system law. Bank of Mongolia issued its first digital currency license to mobifinance on Friday, CCN reported, citing Mongolian state-owned news agency montname

it is reported that mobifinance is the Financial Technology Department of Mongolia's largest mobile phone provider. The virtual currency it issued is now licensed as a state approved financial instrument, considered as a "non cash payment instrument", and its value is linked to Mongolia's legal tender

previously, mobicom was only authorized to issue tokens to its mobile customers through a wallet app called candy pay. Using the app, customers can send money from their bank, pay bills, shop online from specific retailers within the app, and transfer money to other users

however, from October 1, businesses throughout Mongolia will be allowed to use candy as the official payment system, although the extent to which this particular currency will be used remains to be seen, motsuya Hamada, chief executive of mobicom, said he expected digital currency to reshape the pattern of financial services

application conditions of Mongolian digital currency:

1. Provide Mongolian company name, identity card of director, photo or scanned of both sides of passport (at least one person)

2. Mongolian company registration: Mongolian local address, go to the quality and Technical Supervision Bureau for organization code certificate, and then go to the tax bureau for tax registration certificate (3 working days)

3 Bank account opening: the opening bank is the Central Bank of Mongolia

the whole process takes about 25 working days

6. Illegal. At present, this kind of currency is classified as MLM in China. It is strongly recommended not to participate in the transaction.

7.

The rise of any innovation and new technology must comply with the formal and legal rules and regulations. Bitcoin is a great innovative technology. The development of bitcoin abroad is inclusive and has a clear regulatory mechanism. In the United States, bitcoin has gained legal status in California and other states. The New York Financial Services Department (DFS) has issued a proposal on norms, rules and regulations for enterprises to purchase and sell virtual currency. In 2016, the financial services agency of Japan (FSA) officially recognized the currency status of bitcoin and digital currency, and Russia, India and Australia recently recognized the legalization of bitcoin

According to international sources, South Korea is preparing a set of new laws to regulate and legalize digital assets such as bitcoin and Ethereum

Park Yong Jin, a member and legislator of the ruling common Democratic Party, is drafting three amendments this month to establish a regulatory framework for digital currencies, according to a report published by the Korean Herald yesterday. The report points out that one of the bills will be aimed at amending the existing electronic financial transactions act to grant regulatory approval for cryptocurrency transactions. In fact, this will mean that traders, even companies engaged in cryptocurrency trading, will be subject to the supervision of the South Korean government. Other amendments to this law involve income and company tax laws, the functions of financial institutions have been strengthened, and tax evasion in digital currency transactions has been stopped
South Korea has always been one of the largest bitcoin trading markets in the world. According to the data, the daily trading volume of bitcoin in the South Korean market accounts for nearly 8.5% of the world. Compared with the dollar based market, the price difference between the two is less than $150. As CCN reported in the second half of 2016, the National Financial Services Commission (FSC), the leading financial regulator, set up a digital currency working group with the aim of formulating regulations for the digital currency instry this year

the market price of bitcoin is affected by many factors, especially the relevant policies of governments. Since the beginning of this year, bitcoin's position in the world has become more and more clear, and its price has also increased by leaps and bounds. According to the bitcoin price of okcoin, a well-known digital asset trading platform in China, the highest price in June was $3000. Although bitcoin has plunged in the past two weeks, the price of bitcoin has started to rise in the past two days. On July 3, bitcoin opened at 17150.00 and closed up 6.51% with an amplitude of 8.24%. Bitcoin opened at 18266.81 today, flat open

as for the future trend of bitcoin, investment analysts at Goldman Sachs said that bitcoin is in the fourth wave of low starting from the end of 2010 and the beginning of 2011, and will eventually go higher and usher in the fifth wave. From the current level, if it is equal to the length of the first wave, the minimum target of bitcoin is $3212, and it may be extended to $3915, which is 1.68 times the length of the first wave. It may be only a matter of time before that level is reached

compared with gold and stock, the market value of bitcoin is very small, but the underlying application technology blockchain of bitcoin has attracted a lot of attention. Due to the official recognition of blockchain technology, markets around the world are studying the feasibility of blockchain technology and digital currency, and the people's Bank of China is also openly recruiting relevant talents and practicing digital currency. In this context, I believe that countries will treat the bitcoin instry with a more tolerant attitude

8.

The abbreviation of RMB is CNY, e (Electronic) means electronic, so the Chinese digital RMB is e-cny

China's digital RMB is actually the electronic version of RMB, and the digital currency (not yet issued) launched by the people's Bank of China has national credit endorsement and legal compensation, so the currency value will be more stable. In the use scenario, the digital currency issued by the central bank does not pay interest, and can be used in small, retail and high-frequency business scenarios

extended data:

up to 2020, the most commonly used banknotes are banknotes. The denominations of RMB banknotes are 1 jiao, 5 jiao, 1 yuan, 5 yuan, 10 yuan, 20 yuan, 50 yuan and 100 yuan; The denominations of the coins are 1, 2, 5, 10, 50 and 1 yuan. Conversion relationship, 1 yuan equals 10 Jiao, 1 jiao equals 10 Fen

the fifth set of RMB used by users is mainly issued in 1999, 2005, 2015 and 2019. The first set, the second set and the third set of RMB have been withdrawn from circulation, and the fourth set of RMB will stop circulation from May 1, 2018 (except 10 cents and 50 cents notes and 50 cents and 1 yuan coins)

9. Bncn is a blockchain digital currency yu'ebao project jointly launched by China's largest bitcoin fund and gamer.com digital currency exchange. It is understood that the private placement round has been completed, and the mobile terminal application has also been officially launched.

10. Bncn is the circulating token of the digital currency yu'ebao project. Similar to stocks, with the development of the project, its token price will rise