Anonymous virtual digital currency multi signature server

1.

Digital money is legal

digital currency itself is legal in China. Digital currency is defined as Internet goods in China, but the relevant supervision is still blank, and digital currency is still in the gray area in China. Well known digital currencies include bitcoin, Leyte coin, Ruitai coin, thousand gold card, dog coin, etc

however, there are also some non developers who use the cover of digital currency to carry out pyramid schemes, such as the Vicat scheme, treasure scheme, Porter scheme and so on

development materials:

digital currency 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

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. There are too many deceptive platforms, so you should be careful. Don't easily believe in this kind of business. Most of the servers of these platforms are in foreign countries, and it's hard to grasp people. Sometimes it's hard for the state to control. So let the people shine their eyes. Don't think about the pie falling from the sky.

4. The anonymity of digital currency market is still there, which is also very popular. Although bitcoin has anonymity, its anonymity is not particularly good. Zcash is similar to bitcoin in many ways. First of all, it is also based on the distributed ledger (blockchain) for transactions. But there is one big difference between zcash and bitcoin: zcash is completely anonymous
according to the introction, zcash uses a technology called zero knowledge proof (known as "ZK snark") to verify the authenticity of the transaction. It uses a public blockchain to display the transaction, but it will hide the amount of the transaction. Viewing the owner of the key (i.e. the owner of the coin) allows others to view the information associated with the key
in short, this method of calculation allows users to prove that they have the currency they want without exposing information about where the currency came from or is going. It's like zero knowledge proof allows you to enter a password on a website and verify it by the website's server without actually transmitting the password
in contrast, although bitcoin and other digital currencies are famous for their concealment of transactions, in real life, they can often track transactions through the records of ordinary bitcoin blockchain, so that people can accurately know the sender and sending location of bitcoin. Nowadays, zcash has realized the transaction of original data in the form of encryption, rather than publishing the transaction data to the public like bitcoin. Snowden also said that the anonymous zcash project can solve the monitoring risk of bitcoin
therefore, zcash, an anonymous function that pursues the ultimate privacy protection, is first considered to have great value in the financial instry. Foreign media pointed out that the traditional financial instry has an extraordinary demand for information protection. Although many people think that the privacy requirements of bitcoin and other blockchain systems come from crypto anarchists and liberals, the fact is that the traditional financial instry is promoting the hiding of transaction information on the blockchain
however, the anonymity of digital currency is also a headache for the regulatory authorities, and it is very difficult to popularize it in the world. At most, it is only a niche proct. However, the platform developed by using blockchain technology has great potential. For example, the blockchain content publishing platform decent, Ethereum's intelligent contract and so on.

5. At present, our country does not recognize digital currency as a kind of "turn a blind eye", which neither recognizes legality nor illegality. However, it is said that it seems to recognize the legality of digital currency now, because our country is also advocating its own digital currency

6. Yes, the central bank is going to issue digital currency to replace M0 and RMB

7. Bitcoin, then, is a virtual string of numbers, which need to be calculated by the computer. It must be calculated by the computer