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Building a digital currency

Publish: 2021-04-26 20:06:57
1. Compliance --- relevant qualification license plate
Technology Construction --- can be outsourced to the technical team
follow up maintenance --- publicity, market value management, etc.
if you are not clear, you are welcome to make friends
2. This is true, but it is small in scale in China. Just like ether and the Dao, it is very popular abroad, but it has no reputation at home. Explain the difference between China and foreign countries, just as bit will have the attributes of storage and investment later, similar to gold. Therefore, foreigners will hold it for a long time and invest stably. However, it is different in China. Everything can be speculated just like buildings and stock markets. And this currency seems to be relatively stable, and the platform has growth restrictions. It may be more like a platform, or similar to the bank's exchange currency and foreign transfer, but it is very convenient to exchange the core currency of their platform.
3. The point-to-point transaction mode of digital assets is a safe mode for people who want to develop exchanges. Peer-to-peer, indivial to indivial transactions, there is no illegal fund-raising, which avoids disrupting the market. Due to indivial to indivial transactions, many platforms like bitcoin want to transform!
4. Building a digital currency trading platform requires people's understanding, not everyone can create it. The most important thing of trading platform is security and user experience. These requirements for technology are very high, which is different from a simple display website
at present, the mainstream digital currencies are bitcoin, Ruitai, Laite, dogcoin, ethereum, etc.
5. Although all websites and platforms related to digital currency trading and ICO projects have been blocked in China, the role played by exchanges in the field of digital currency is very important, so it has to be mentioned
Why do digital currencies need exchanges
as we all know, digital currency is based on blockchain technology and platform, and it is also one of the most typical applications of blockchain
taking bitcoin as an example, its platform provides the function of transferring money among users, but it does not provide the function of transaction and payment, which makes bitcoin unable to communicate with the outside world, let alone circulate, and thus cannot become a real currency
in order to solve this problem, the exchange was born
role of the exchange:
in addition to the above-mentioned trading and payment, the specific functions of the exchange are roughly asset management, matching trading and asset clearing, etc. To put it bluntly, it is equivalent to the Bank of digital currency. The matchmaking transaction here is actually to exchange for other currencies, such as bitcoin for Leyte. Of course, there are also some basic functions such as recharge and cash withdrawal. In principle, it is a centralized account book without being linked

on the other hand, the exchange also plays the role of stock exchange, making ICO (initial token issue) project possible
all kinds of token (token or token) can be raised and issued through the exchange
at this point, some people certainly think that the exchange is a combination of banking and securities trading
but not only that, the exchange also has the functions of futures and financial management, which means it also has the attributes of financial institutions such as futures exchange, securities companies and fund companies
it is not enough. In fact, the exchange also has the function of supervision, because there is no supervision. Therefore, the digital currency exchange can be regarded as a super financial center

the centralized exchange plays an important role, which obviously brings many security risks and trust crisis
all these are closely related to the violation of the "decentralization" advocated by blockchain
fortunately, some "decentralized" exchanges have emerged, which are based on the blockchain platform and rely on smart contracts to achieve the purpose of automation, de trust and transparency

let's briefly talk about how to build an exchange. Generally, a subject is registered first, such as the Singapore foundation, because the Singapore government encourages the development of blockchain, and high-quality project parties are registered in Singapore, which can be more recognized in the instry

the Singapore foundation can register by providing a company name and identity information of directors, and then it can do some legal compliance, which is also the advantage of the Singapore foundation. It can issue effective legal opinions to make the project compliance.
6. Ex.work, which means factory, is also a domain name address of liujiaoyun "trading cloud factory"
for how to build an exchange, you need to find a good development team to help you realize it. So how to find a good team to work for you? Often need to look at the following aspects:
1, specific view support content
2, development team operation experience
3, whether the technology used can achieve security and stability
4, whether the operation and promotion means in the late development stage
5, if there is a bug, whether it will provide corresponding support
roughly speaking, I can think of these, I hope to help you!
7. Here's a brief introction to several mainstream digital currencies to give you a rough idea. After that, I will talk about the specific currency from time to time

bitcoin is the originator of digital currency and the most valuable virtual currency. Because blackmail virus only takes bitcoin, it has entered the public view. The soaring price of bitcoin in 2017 has attracted a large number of investors to enter the digital money market. Because the number is small, it is only 21 million, which has a strong deflationary attribute
of course, I am extremely optimistic about the future of bitcoin. Of course, many people are not optimistic about digital currency. Here, it is most pertinent to quote Krugman's view:
"at least for now, buying bitcoin is still a good investment. But that doesn't mean the experiment was successful. The original intention of establishing a monetary system is not to make those who hold money rich, but to make transactions convenient and benefit the whole economy. And none of these bitcoins came to us. "
reborn currency
a protocol currency issued by reborn, which is the base currency of reborn network. It can circulate in the whole reborn network, with a total amount of 100 billion, and graally decreases with the increase of transactions. Reborn currency is the only common currency in ripple system, which is different from other currencies in ripple system, Ripple labs (formerly known as opencoin) is the operating company of ripple coin
unlike bitcoin, reborn is a kind of transaction protocol, which is called smart contract in technical terms. It supports people to pay in any currency, and does not need a central data exchange center, so the transaction confirmation time of ripple is only 35 seconds, while that of bitcoin is 10-40 minutes

Ethereum
Ethereum is the name of currency used in Ethereum, which is used for payment calculation in Ethereum virtual machine. Ethereum is a blockchain that can be used to deploy decentralized applications. It is an open source computer platform and blockchain platform. At the end of 2013, it was founded by vitalik buterin, a Russian programmer
there is a key difference between the blockchain technologies used by Ethereum and bitcoin. Ethereum's data processing speed is faster than that of bitcoin, because once agreed, Ethereum's system will automatically apply to the terms and conditions in the contract
unlike bitcoin, the value of Ethereum depends on whether the applications on the platform of Ethereum are prosperous or not, just like the price of oil will rise with more machines using oil

bitcoin cash
bitcoin cash is a branch of bitcoin. In order to solve the problem of long transaction time of bitcoin, at 20:20 on August 1, 2017, a small number of mining machines began to use 8m block to start mining, and the transaction confirmation speed was thousands of times faster than that of bitcoin using 1m block
strictly speaking, however, there are different opinions on whether this is a new branch of bitcoin or another kind of "counterfeit currency". But now the offer of bitcoin cash is nearly 20000 yuan, so it's not too much to use it as a kind of "Shanzhai coin" to divide bitcoin traffic

IDA coin, ADA in English, is a proct of Cardano project. The total amount of Aida is 4.5 billion yuan, and 3 billion yuan will participate in the subscription. Among them, 2.5 billion ADA will be used for platform subscription, 500 million for the financial support of the development company's operating company, and 1.5 billion ADA coins will continue to be issued in the form of block awards
Cardano is a project started in 2015 to change the way cryptocurrency is designed and developed. This project is aimed at technical reformers, technical improvements to bitcoin and existing platforms. If bitcoin, Ethereum and other projects have many other shortcomings, Cardano can solve them<

lightcoin
a currency based on bitcoin protocol, but it does not require very high computing power, and it can also be mined by ordinary computer. Lightcoin's algorithm comes from the algorithm designed by Dr Colin Percival for tarsnap secure online backup service (backup for Linux and other open source operating systems)
for a long time, there has been a voice that "lightcoin will replace bitcoin", which is impossible. In the future, there will probably be a variety of cryptography currencies in the world, but any kind of counterfeit currency can not replace the mainstream position of bitcoin, no matter how excellent its algorithm is compared with bitcoin<

stellar currency
stellar currency, a digital currency project initiated by Jed McCaleb, the former founder of ripple, is used to build a decentralized gateway between digital currency and legal tender. It will be provided to users in the form of free distribution, and its supply online is 100 billion, of which 95% of the amount of star coin is used for free distribution
star is a diversified team. The board members include Keith rabois, former COO of square, Patrick collison, CEO of stripe, Jackson Palmer, co-founder of dogcoin, and naval Ravikant, co-founder of angellist, who will be the consultant of the project< New economy movement, or NEM, was founded on January 19, 2014. The founder is a mysterious person in bitcointalk.org forum called utopianfuture. The original intention of utopian future was to build a second-generation digital currency NXT. He then realized that NXT's distribution model was unreasonable, so he devoted himself to NEM with egalitarian distribution
as a kind of cryptocurrency, new coin does not need much computing resources to maintain the operation of nodes. The proof of importance (POI) engine of NEM reces the threshold of computing resources to participate in non-traditional blockchain<

dascoin
formerly known as black coin, is a kind of counterfeit currency of bitcoin, which focuses on anonymous function. There are many innovations, such as master node network, fast payment, mixed currency anonymous technology, proposals can vote, and developers have fixed budget support. The core consists of a unique incentive P2P network. Miners are rewarded for maintaining blockchain security; The main node holders are rewarded for verifying transactions, storing data and providing a variety of services
the feature of anonymity meets the needs of some investors for absolute privacy. Although bitcoin is also widely used in money laundering and other illegal transactions e to its anonymity, it is only "pseudo anonymity", and the transaction of bitcoin can still be traced back to the traders themselves.
8. Just find an outsourcing company. My friend's company does this
9. The functions of these two interfaces are exactly the same, without any difference, except that their positions on the switch are different. Generally, the switch with 0 is built-in, and the switch with 1 is expanded, just like the stand-alone display and centralized display on the notebook. The centralized display is always at 0
10.

Why develop digital currency? From the perspective of the central bank, there are six advantages:

first, to improve the convenience and transparency of economic transactions; second, to rece the high cost of the issuance and circulation of traditional paper money; third, to better support economic and social development; fourth, to help the comprehensive realization of Inclusive Finance; fifth, to rece money laundering, to promote the development of the economy and society Sixth, improve the central bank's control over money supply and circulation


steps of digital currency development:

the first step,

first, we need to download the source code of a blockchain system from git, such as choosing the backbone code of bitcoin to download the relevant source code

At the same time, prepare the corresponding compiling environment (c + + is recommended in Linux) and install the corresponding development environment and tools

the second step and

code all need to be compiled, so you need to prepare the compilation environment and tools, download the environment compilation tools, configure

system environment variables, QT environment and other files, and compile commands are described in detail in the files in ITC source code

however, the construction of the system and development environment, program compilation and other processes are cumbersome, so it is not recommended for ordinary users to make their own. For developers, it may take 2-3 days to install and configure for the first time

the third step,

take bitcoin development as an example, it is the development environment of Q. after downloading the source code and configuring the environment, open the source code of the bitcoin core in qtcreator, configure relevant files and compilers, and start to try to compile the client of the bitcoin core

Step 4,

transform into your own digital currency, open each source file, find the corresponding local adjustment parameters, such as adjusting

the number of coins in each block, the total output, the adjustment difficulty, and so on. Then the most critical point is to change the name to your own currency

name as you want, and don't forget to replace the related icons in the resource folder. If all goes well, after re compiling, your new coin will be invented successfully

for the development of this digital currency, the technology is relatively professional, so it is better to have a professional team to assist

framework for digital currency development:

1. Build Ethereum private chain test environment and public chain node environment configuration

2. Ethereum transaction and confirmation principle

3. Ethereum JSON RPC interface

4. Ethereum transfer and withdrawal principle

5. The server connects Ethereum public chain interface, and its own server stores business data, Public chain storage transaction anonymous data

6, private key security processing

the following is the development code example:

for example, the common digital currency wallets in the market are:

app class: kcash Imtokenweb: myethereumwallet Google browser plug-in: metamask

one of the most commonly used is imtoken

blockchain transaction technology concept:

let's take a look at how blockchain transaction is handled with bitcoin as an example. In order to send a certain amount of bitcoin to another wallet, you need the following information: the address to send the funds to your wallet, the amount of cryptocurrency you want to send

the ID of the recipient's wallet

each transaction is signed with a unique confidential private key. Once the payment is signed by the sender, it becomes publicly available. The transaction still needs to be confirmed so that the payee can get the money. In order to confirm the transaction, it is necessary to generate a new chain block

these blocks are generated by complex mathematical calculation to find the unique key. It takes 10 minutes to create a new block, and the person who finds the key gets a certain amount of coins as a reward. Once a new block of the chain is created, it is not possible to remove it from the database or change the information in some way. Therefore, blockchain transaction is final and irreversible

three core advantages of digital currency:

first, digital currency is a fair currency

digital currency has no specific issuing institution, is not issued by a country, only depends on a specific algorithm, which means that digital currency can not be manipulated by manipulating the number of issues, so digital currency is a free, non-state currency

we can see that there are many countries that directly recognize the virtual currency, so if there is a demand, it needs a trading platform

many investors who want to build a virtual currency trading platform now, why can't they go to these areas to build a trading platform? Building a virtual currency trading platform is a good business opportunity, isn't it

Second, the security factor of digital currency is higher.

although the emergence of paper money facilitates the transactions in our daily life, there are risks of being stolen and received. Although e-money can avoid these risks, there will be new problems such as theft and swiping

digital currency can avoid the above problems. And broadcast every transaction record on the network. Yes, all nodes save all the currency circulation information, so that any node can easily find the currency circulation before the transaction

Thirdly, the transaction of digital currency can realize anonymous transaction. Although you can query the flow information of each account according to the local complete transaction records

but we can't know who the owner of this account is, and no one has the ability to manipulate the digital currency on other people's accounts, which protects the privacy of users


if you also hold trading digital currency, foreign exchange gold, crude oil, contract Futures:

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