LCC digital currency fraud
1、 According to the information "LCC" provided by you, we find the following items:
1. Litecoin cash / LCC
Introction: litecoin cash is a split currency with a block height of 1338540. It is committed to bringing a reliable currency to the world and practicing the original lightcoin as "bitcoin, We also provide reliable transaction confirmation with low handling charges between businesses and users. The successful example of bitcoin cash will also light up the future of lightcoin cash
online exchanges: 6
issuing time: February 22, 2018
2. Digital blockchain / LCC (digital chain)
Introction: Digital blockchain (digital chain / LCC) is committed to developing the third professional blockchain ecosystem besides bitcoin and Ethereum, Digital chain realizes the point-to-point value of traditional digital assets, such as bitcoin, Ethereum and other encrypted blockchain technologies, such as data assets, domain names, network accounts and mobile phone numbers, through value transfer protocol
the goal of digital chain is to become a dedicated public chain platform for global digital assets, explore the combination of digital assets and blockchain, and improve the liquidity, security and value of digital assets
online exchanges: 0
issuing time: November 18, 2017
2. To judge whether a project is safe and deceptive, we can start from the following aspects:
1, white paper
to see a project, the first thing to see is the white paper of the project, which is very important. Usually, the white paper of the project will show the instry demand background, technical background, team information, instry pain points solved, investor relations and the future development plan of the project, etc. When you read the white paper carefully, you will have a clear understanding of the projects you invest in
2, team, consultant and platform boss
we know that investment projects in the investment field, in many cases, will look at people, and investment projects are mostly the founders and teams of investment projects. The blockchain technology talent market is very scarce. Under normal circumstances, there should be senior technical experts in the excellent team. Users must know the relevant information through multiple channels when looking at the project team members. If the project has a star or instry tycoon platform, you should be careful to avoid exaggeration or false publicity of the project
3, whether the project application solves the problem
after having a general understanding of the project, we need to combine with the real background of the instry where the project is located to deeply analyze whether the project has solved some problems of the instry, and whether the application scenario of the project is real and feasible. If the viewpoint of the project is far from the needs and problems of the instry, you should be careful about this project
4. Project code submission Review
users who know a little bit about technology can see the degree of team code submission. If they come out to raise funds without even code, the risk of the project is great
5, the degree of technological innovation of the project
on the level of technological innovation, we need to see whether the project gives full play to the technical advantages of the blockchain, whether there is innovation and whether it is open source. Generally, open source projects will be uploaded to githob. As for the common problems at the bottom of the blockchain, how the project side solves and plans them
6. Pay attention to the fund-raising situation of the project
we can have an in-depth understanding from the following aspects: whether the total amount of fund-raising of the project is reasonable, whether there is excessive additional issuance, whether the token allocation of the project is reasonable, whether there is a record on the official website, whether the team members make fraud, etc
7. Online trading platform
we can also make lateral judgment through the online trading platform of the project. In general, the well-known trading platform has a strong review on the project. If the project is launched on a small trading platform, or even a trading platform that has never heard of, it needs to be treated with caution
8. Refer to the opinions of the third-party project rating agencies
at present, there are not a few third-party project rating agencies in the market. We can refer to the suggestions and opinions of the third-party project rating agencies on the project as a channel for us to understand the project. It is possible that the project rating agencies have different scoring systems for projects, but their final results will not have a big gap, which can be referred by many parties
what is blockchain
blockchain is a technical solution to maintain a reliable database collectively through centralization and distrust
generally speaking, blockchain technology refers to a way for the whole people to participate in bookkeeping. There is a database behind all the systems. You can think of the database as a big ledger. So it's very important who keeps this account book
so what's the difference between our current accounting method and blockchain
take the Internet giant companies as an example, wechat's account book is Tencent's account book, and Taobao's account book is Alibaba's account book
but in the blockchain system, everyone in the system can have the opportunity to participate in bookkeeping. If there is any data change in a certain period of time, everyone in the system can conct bookkeeping. The system will judge the person who has the fastest and best bookkeeping in this period, write the content of his records into the account book, and send the content of the account book to all other people in the system for backup. In this way, everyone in the system has a complete account book. This way, we call it blockchain technology
will not mastering blockchain be eliminated by the times
although blockchain is popular, for ordinary people, they don't need to panic and can't master this technology. In fact, it has nothing to do with us. After the implementation of blockchain development, we only need to be able to use related applications. Just like we don't need to know what is the underlying TCP / IP protocol of the Internet, we just need to enjoy the services provided by the Internet. Blockchain is more similar to the underlying technology such as TCP / IP, and will be extended to more and more instries in the future
how to apply blockchain
the most important thing of blockchain is to solve the problem of intermediary credit. In the past, it was difficult for two people who didn't know and trust each other to reach cooperation, and they had to rely on a third party. For example, in the past, there must be an institution such as a bank or Alipay.
therefore, blockchain can subvert many instries, making these instries without intermediary participation, efficient and transparent process, low cost and high data security. Therefore, if there is any demand in these three aspects, the instry will have the opportunity to use blockchain technology
what is bitcoin? Is bitcoin a blockchain
blockchain technology is the underlying technology of bitcoin. Through the blockchain technology, bitcoin is the first time for human beings to realize the mutual trust transfer behavior without the participation of any intermediary. And this system has been running autonomously and stably for many years, and there has been no problem
therefore, many people have noticed that the underlying technology may have a great mechanism, and it can be used not only in bitcoin, but also in many fields. Therefore, bitcoin technology is abstracted, which is called blockchain technology or distributed ledger technology. So from a certain point of view, bitcoin can be regarded as the first application of blockchain, and blockchain is more similar to the underlying technology such as TCP / IP, which will be extended to more and more instries in the future
what is "mining"
mining, in a narrow sense, is the "mining" in bitcoin. The operation of bitcoin adopts a mechanism called "proof of work (POW)". In order to find out who has more powerful computing power, the system will work out a mathematical problem every time. Only the computer that can solve the problem the fastest can carry out accounting. The computer that grabs the bookkeeping right will be rewarded with 25 bitcoins. This behavior is usually called "mining", and the bitcoin obtained is regarded as the reward for successful mining
broadly speaking, it is a process of bookkeeping reward, which can be used in any instry or digital currency
what is smart contract
smart contract is a kind of contract that uses computer language instead of legal language to record terms. Smart contracts can be executed automatically by a computing system. If blockchain is a database, smart contract is the application layer that can make blockchain technology applied to reality. In the traditional sense, the contract has no direct connection with the computer code to execute the content of the contract. In most cases, paper contracts are filed, while software executes contract terms written in computer code. The potential benefits of smart contracts include lower contract signing, enforcement and regulatory costs; Therefore, for many contracts related to low value transactions, this is a great rection in labor costs
Q: how to use smart contracts
if the central bank can issue legal currency through blockchain, it can also embed code into the behavior of issuing legal currency through smart contract technology, and this part of legal currency can be called "programmable currency". For example, if the Central Bank specifies that a certain part of the fund is issued to the agriculture related account, then it can write the corresponding proceres for this part of the fund, and specify that this part of the fund can only enter the agriculture related account, then this part of the fund can not be misappropriated to other accounts under any circumstances. If most currencies become "programmable currencies", then we can imagine that the financial environment they form will become "programmable finance"
what is digital currency
digital currency refers to the digitization of currency. Digital currency can be divided into two types: non cryptocurrency (e-gold, XRP) and cryptocurrency (bitcoin)
digital currency is often mistaken for virtual currency. But virtual currency refers to non real currency. For example, when you play "Three Kingdoms" (game) or "grand Voyage", you have money, and that money is virtual. Of course, the virtual money will also have its real value. For example, if you buy her / his account from another player, you can get all the virtual assets of that player, and then it will be much easier for you to continue playing
does a blockchain project need to have some kind of currency
A: No. Bitcoin itself is a payment system, so it needs a value measurement tool, so bitcoin must appear. In addition, in order to reward more people who are willing to contribute their computers to provide computing for the system, bitcoin is needed. In some private chain systems, special assets can be designed for transaction, and each node must participate
digital currency fraud is basically a routine, that is, first pull you into a wechat group, and then recommend a platform for you to speculate in stocks or other digital currencies at the beginning, your income is very large, but when the latter value reaches a certain level, you can no longer withdraw cash. If you ask the other party, the other party will ask you to recharge more money to unfreeze your account, but no matter how much money you put in, your money will not come back. The members who make money in the wechat group are basically the people in the fraud Gang, and the screenshots of the income are basically forged by them. It is very likely that you are the only real member of the whole wechat group
nowadays, fraudsters are more and more high-end, not only using mobile phones, but also using the Internet for fraud. Some of their knowledge is self-taught, and some is learned from other fraudsters. After all, some fraudsters are even high intellectuals, but they are different from other high intellectuals and go astray. If we find that our circle of friends is all about money investment, then our friend may have gone astray
It's illegal
LCC belongs to virtual currency. Virtual currency trading is banned in China
the people's Bank of China and other seven ministries and commissions jointly issued the announcement on preventing the financing risk of token issuance, which clearly regulates the relevant behaviors. Some of the announcements are as follows:
the token or "virtual currency" used in token issuance financing is not issued by the monetary authority, does not have the monetary attributes of legal compensation and mandatory, does not have the same legal status as currency, and cannot and should not be used as currency in the market
at the same time, it also points out that illegal selling and circulation, and raising so-called "virtual currency" from investors, such as bitcoin and ether coin, is essentially an unauthorized illegal public financing behavior, which is suspected of illegal selling token bills, issuing securities, illegal fund-raising, financial fraud, pyramid selling and other illegal criminal activities
for the token financing trading platform with illegal problems, the financial management department will request the competent department of telecommunications to close its website platform and mobile app according to law, request the network information department to remove the mobile app from the app store, and request the instrial and commercial administration department to revoke its business license according to law
extended materials
be alert to the risk of virtual currency speculation
in the "tips on preventing the risks of bitcoin and other so-called" virtual currencies ", the China Internet Finance Association also said that bitcoin and other so-called" virtual currencies "lack a clear value basis, and are increasingly becoming the focus of money laundering, drug trafficking, smuggling Illegal fund-raising and other illegal and criminal activities
investors participate in speculation through the "virtual currency" trading platform, and face the risk of price fluctuation, security risk, platform technology risk, etc., which need to be borne by investors themselves
reference materials: announcement on preventing the financing risk of token Issuance - China Securities Regulatory Commission