Principle of Ethereum cloud encryption trading platform

1.

1、 Different definitions:

1. virtual currency:

virtual currency refers to non real currency

digital currency:

digital currency is an alternative currency in the form of electronic currency. Both digital gold coin and cryptocurrency belong to digiccy

3. Cryptocurrency:

cryptocurrency is a kind of transaction medium that uses cryptography principles to ensure transaction security and control the creation of transaction units

4. Token (token):

a kind of article whose shape and size are similar to currency, but the scope of use is limited and has no currency effect, and its token is the homonym of token in English

Second, the characteristics are different:

1; It can also be said that virtual currency is personalized currency. In another way, it can also be called information currency

2. Digital currency:

is an unregulated and digital currency, which is usually issued and managed by developers and accepted and used by members of specific virtual communities

Cryptocurrency:

cryptocurrency is based on the decentralized consensus mechanism, which is opposite to the banking and financial system relying on the centralized regulatory system

4. Token (token):

usually needs to be exchanged for money, used in shops, playgrounds, mass transportation and other places, as a voucher to use services and exchange goods

extended data

at present, digital currency is more like an investment proct, because it lacks a strong guarantee agency to maintain its price stability, and its role as a value measure has not yet appeared, so it can not be used as a means of payment. As an investment proct, digital currency cannot develop without trading platform, operating company and investment company

digital currency is a double-edged sword. On the one hand, the blockchain technology it relies on has been decentralized and can be used in other fields except digital currency, which is one of the reasons why bitcoin is popular; On the other hand, if digital currency is widely used by the public as a kind of currency, it will have a huge impact on the effectiveness of monetary policy, financial infrastructure, financial market and financial stability

2. At the top of Ethereum is DAPP. It exchanges with the smart contract layer through Web3. JS. All smart contracts run on EVM (Ethereum virtual machine) and use RPC calls. Below EVM and RPC are the four core contents of Ethereum, including: blockchain, consensus algorithm, mining and network layer. Except DAPP, all other parts are in the Ethereum client. The most popular Ethereum client is geth (go Ethereum)

3. Blockchain is a technology, but it is not a single technology, but the result of the integration of a variety of technologies, including cryptography, mathematics, economics, network science and so on. You can think of it as a distributed shared accounting technology, or as a database, but the database is jointly maintained by all nodes in the chain, and each node has an account book. Because the account books of all nodes are consistent, different nodes can trust each other, and there is no doubt about the data, so we all say that the blockchain has realized trust technically. For detailed professional technology, you can consult some professional technology companies, such as Jinbo technology, which focuses on the development of blockchain related procts, professional R & D team and perfect after-sales service, and you can consult by telephone.

4. First of all, what is Ethereum? Ethereum is a programming language and a platform. The Ethereum that investors / speculators pay attention to is actually Ethereum, which is a digital token derived from Ethereum - Ethereum

whether Ethereum has investment prospects or not, we just need to see its value, From tens of dollars to hundreds of dollars of the increase, and do not say the future bubble or not, just say that this stage of appreciation of the space, it is worth our attention!
Ethereum trading platform, at present, I recommend btctrade platform (bitcoin trading network), which is a relatively reliable trading platform in China! Ethereum was launched in 2016, and the rise of currency price is amazing!

5. Ethereum is an open source public blockchain platform with smart contract function, which provides decentralized Ethernet virtual machine to process point-to-point contract through its special cryptocurrency eth. At present, the mining of eth is mainly through the graphics card miner. The so-called graphics card miner is actually similar to the home desktop, but each machine has 6-10 graphics cards and no display

as for the mined mines, the trading platforms can be traded on any platform. The most important thing is to see how you trade. Do you want spot trading or futures trading, because the main procts of each platform are different. If you really can't find a platform, you can try the coinplus platform. It provides a variety of transaction types, and can quickly match orders. It's very convenient to buy and sell. The key is that the service charge is still low.

6. Now digital currency is a zero sum game, you put money in, I put money in, I take out more, you take out less, then I make money, earn your money, so simple.

7. Casper is a consensus mechanism of the next generation of Ethereum, which belongs to POS. Casper's consensus was reached by blocks, not by chains, as pos did. Currency exchange of digital currency

8. Bncn is a token system based on the main chain of Ethereum, which can be used in Ethereum network. Its natural encryption and security are effectively guaranteed.