Ethereum regulation
At present, there are many channels for domestic users to buy Ethereum. Here are some common channels:
< H2 > 1. Coincola is an over-the-counter trading platform for indivials to trade bitcoincoy Cola is affiliated to Hong Kong coincola limited, which is developed and operated by a professional international team, focusing on providing convenient and reliable blockchain services for global users. Coincola gathers global users and is committed to building a world-class blockchain asset platform
in coy cola, people from different countries can buy bitcoin with their own currency. The seller of the website publishes the advertisement of selling bitcoin, and explains the payment method and exchange rate. You can choose to trade directly online according to the content of the advertisement. Bitcoin is stored in Ke Ying Cola's Internet wallet. You can transfer bitcoin directly
2. How to buy eth
register the coincola account, and then click "buy" in the top menu of the home page to enter the advertisement list page
select the appropriate advertisement from the advertisement list and click "buy eth" to enter the transaction page
enter the amount of money to be purchased or the number of digital currency (please understand the message information of the other party, payment method, and transaction instructions of the platform before entering), click buy now, and the order confirmation pop up. After checking and confirming the information, click confirm purchase to enter the order page
in the chat box of the platform, you can inquire whether the other party is online according to the template statement, and make offline payment according to the collection information and collection method provided by the other party
after the completion of offline payment, click the mark that the payment has been completed at the first time (please complete this operation within 15 minutes at the beginning of placing an order, so as to avoid the payment cannot be recovered e to the cancellation of the order e to overtime), and then customize the input information in the chat box to confirm the payment and ask the seller to confirm the collection and release the digital currency
the progress bar in the top column shows that the goods have been received, indicating that the digital currency has arrived in the wallet. Make comments according to the seller's behavior, and click submit to complete the transaction
with the rapid increase in the number of trading platforms and competitive pressure, many trading platforms will have their own C2C trading. Here we take the relatively large ZB trading platform as an example to illustrate
What is C2C
C2C transaction is a customer to customer transaction, which is guaranteed by the transaction platform. There are many such platforms, such as: Fire coin, otcbtc, bitpai OTC, etc., which are guaranteed by the platform and traded between users. We can simply understand it as: our shopping situation on Taobao is the same as that. In case of dispute, the platform will arbitrate. As long as the transaction is carried out according to the normal process, the security of the transaction is guaranteed
2. ZB's C2C business
ZB platform has two choices: QC and usdt. The basic logic is the same. There are many usdt platforms. QC is the feature of ZB, EXX and other platforms. Here we focus on QC
< H2 > about QCQC is a token. At present, you may know more about usdt and bitcny. At present, there is a special area for QC transaction on ZB. Simply put, QC can buy all other digital currencies (BTC, ETH, EOS, etc.) on ZB. Therefore, after purchasing QC with RMB recharge, you can conct currency transaction on ZB station
The advantage of the < H2 > QC token is that the exchange ratio between the < H2 > < UL >and RMB is 1:1, which is easier to convert
purchasing other tokens with QC can be directly understood as purchasing RMB, and has an intuitive understanding of the currency price
it takes about half an hour to get to the account. It will take about two hours to get to the account in congestion
ZB platform is relatively reliable, and the reputation of ZB is still very good in the past
How to operate C2C of ZB < UL >log in to ZB trading platform and click "C2C trading" on the page
to get to the QC transaction page, you need to first bind your bank card. Then, in the buy QC interface, enter the quantity of QC you want to buy. At present, the ratio of QC to RMB is 1:1. Enter the purchase quantity and click "buy now"
after clicking "buy now", you will be prompted to complete the payment within 30 minutes. At the same time, payment information is generated. Please note that the payment must be made according to the prompt
business processing time 9:00-21:00. Non processing time orders will be processed at 9:00 the next day, and the payment will be completed within 24 hours after receiving the order
this means that the merchant you paid will transfer QC coin to your account within 24 hours. According to my experience, you can get to the account in 2 hours ring the day
< H2 > the following points should be paid attention to:1) make sure to use the newly bound bank card for transfer and payment P>
2) note information (that 6 digit) must fill in
3) do not use Alipay, WeChat and other transfers. p>
4) do not fill in the opposite account incorrectly
< UL >about 1-2 hours, you can check whether your QC has arrived in the financial center
after the account is received, you can trade in the "QC" zone of the "spot trading". You can choose the transaction you want to buy and buy the order
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about the variability of blockchain
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eth, if most people agree to modify the chain, that is, variability, then they can modify the blockchain records and contracts
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etc, blockchain records and contracts can't be modified, that is, they can't be tampered with
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here are the advantages and disadvantages of the two methods
The advantage of -
variability is that people can make timely changes to make the right decisions. Therefore, modifying the specification is more practical than finding loopholes
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non modifiability means that no matter how smart people are at that time, it is impossible not to make mistakes. Therefore, when problems arise in this scheme, it is best to find and solve the loopholes through the existing legal framework
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differences in development
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eth, whether it is intentionally arranged or since its birth, the core decisions of blockchain are made by Ethereum foundation with the participation of the community and most of them are developed by it
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etc, the decision-making of blockchain is mainly decided by the feedback of three loose, collaborative teams with community participation
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in any case, anyone can put forward improvement suggestions for the two kinds of blockchains. This is the benefit of open source, and it is also very common. You will find that developers of the two chains communicate with each other through GitHub and reddit. I hope to improve the frequency of communication in order to achieve the common goal
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about compatibility
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at present, the two kinds of blockchains are compatible with each other. Contracts or applications written by eth can be applied on etc, and vice versa
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eth, focusing on ewasm, is committed to providing a platform for more and more developers, while the issue of contract security is secondary, such as viper
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etc focuses on making developers create more secure contracts, such as viper, iohk research, at the cost of consuming the number of potential developers
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it's obvious that both chains can accept each other, regardless of whether their wishes are the same or not. My view is that the number of developers is not necessarily related to the quality of the proct
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about the transaction speed
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eth, the average is 25 seconds, which will be shortened after upgrading
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etc, with an average time of 14 seconds, maintained at 10-14 seconds after upgrade, according to ecip-1010 and ecip-1036 protocols
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about the block capacity
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eth, with the daily trading volume of eth graally reaching 5 million, the block capacity is graally saturated. This situation is similar to the recent transaction cost of bitcoin. This problem can be solved by expanding the block capacity by increasing the default fuel limit
ETC, At present, there is still a lot of room for block capacity. As more and more people accept etc, the block capacity will also increase, just like eth
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about community
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eth, mainly discuss on reddit
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etc, mainly discuss on slack
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about monetary policy
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eth, the planned supply is growing steadily, resulting in an average inflation of 3% in eth blockchain in its life cycle
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etc, before 2025, inflation will reach 3%, and then the total supply will reach 200 million etc, and then there will be deflation
As for the regional distribution of trading volume, China accounts for 20%, South Korea 25% and the United States 25% In etc, China accounts for 50%, South Korea 25% and the United States 10% About securities, at present, investors do not have the option to trade securities. Recently, one of eth's ETFs, trading open-end index funds, was denied by the regulators -
etc owns etc trading trust, which allows investors to own etc instead of the asset itself
first, ask the respondents how many people have played this pocc
Second, all the projects are fake at the beginning. believe me. Only in the process of doing it successfully, it's true
Third, bitcoin is successful, with a market size of $1 trillion today. If it fails, it is a liar
Fourth, in addition to the mainstream digital currency, the risk is smaller (not without risk), similar to bitcoin, TEDA currency, ether currency, etc. Other small-scale counterfeit currencies are highly risky. How to determine the scale of a digital currency, or the market value, and recommend a software (non trumpet)< No need to think about supervision. There is no guarantee. It all depends on your control and understanding of the project. The brave starve the timid< 6. To judge whether a project is safe or not, it is necessary to have an in-depth understanding and communicate with the team. You need to know what the team wants to do, whether it's running for money or really want to do something< How to judge the quality of a project
there are roughly two points: the way of admission, the rate of return of offline development
is it simply to give money to the project party? Is sharing the benefits of offline development very outrageous
as far as I know, pocc mode is to spend money to buy digital currency, POC is using POC to replace mining machine, mining machine proces ore, and sells it in the exchange. The model is similar to bitcoin, but different. Moreover, in the process of transaction, the project party can't receive any money at all, and they all transfer their own business. This greatly limits the project side to circle money. And basically a miner can be realized once in about 6 days. It's also very secure for money. Secondly, the development of offline, can get about 3 poccs a day, this should not be outrageous
1. At present, the supervision of all digital currencies is not perfect, including bitcoin, Ethereum EOS and other top digital currencies in the world
2. Clearly reply that you are not a MLM company. You can understand pocc as a start-up company. It wants to go public (make it into a big currency like bitcoin Ethereum EOS). If you succeed, everyone will benefit. If you fail, your investment will not be affected, because you can recover the cost in six months
3. For those who say they have been cheated, publish their ID or your currency address, and the platform will query the records for you to see if you have been cheated
4. Pocc skin shrimp public chain, with (non small) can query the relevant information, non small is a professional third-party information website, all digital currency can query
5. As far as I know, there are a group of professional spurts on the Internet. One is to release negative news to attract attention and improve their own traffic. The second is to blackmail the platform for sealing fees
6. Since September 2018, there has been no loss and it is still running steadily. The benefits are consistent. Your friend tried, earned, recommended to you, you are still hesitant, to the Internet to find those who have not played the project, do reference, you will never earn money
7. Many people have been cheated by blockchain and various kinds of funds. You've heard about it and seen it. But you just didn't get involved
8, those who say pull the head, the tiktok speed version of the top page speed version does not pull the head? Wechat does not attract people in the initial stage? Alipay didn't pull the plug at the beginning? The network does not pull the head in the initial stage
9. Any project can't do without fans. Only fans can grow and last, and fans can only gain profits without loss, just like stocks. Those who hold the original stocks can make profits, but the loss is the secondary market
10. I hope those who talk nonsense blindfolded can experience it. Here's the screenshot BB.
according to Caixin, the relevant regulatory authorities will take action against ICO. Whether to ban the program is under discussion, the central bank, the CSRC are involved. The legal basis for this action comes from the measures for banning illegal financial institutions and illegal financial business activities promulgated in 1998
the reporter learned from a person in the instry that many departments including the financial market department of the central bank have stepped up their research on ICO, but there are still some related problems to be solved
according to a number of instry insiders, on August 18, the central bank, China Securities Regulatory Commission and China Banking Regulatory Commission organized a special ICO forum, which was interpreted as a "landmark event" in the instry, and it was only a matter of time before it was brought into regulation< On July 25 this year, the securities and Exchange Commission (SEC) issued a report on the Dao, which determined that its token was securities. At the same time, it emphasized that any act of buying or selling securities in the United States, whether it was real currency purchase or token distributed with blockchain technology, must comply with the securities law of the United States
according to the definition of financial market division on the official website of the central bank, its main responsibilities include drawing up the development plan of financial market, coordinating the development of financial market, and promoting the innovation of financial procts; In addition, the Bureau of currency, gold and silver is responsible for drafting the relevant measures for currency issuance and gold management, organizing the implementation and undertaking the work of RMB management and anti-counterfeiting currency< According to the regulatory practice of the US Securities Regulatory Commission, ICO is defined as a securities issue. Therefore, if China draws lessons from it, it should also be supervised by the CSRC. However, in China, the digital currency is supervised by the central bank. Therefore, it is the central bank and the CSRC that jointly study and decide who will supervise the digital currency< Since the first half of this year, the number of domestic ICO projects funded by virtual currency has increased explosively, which has aroused controversy over whether ICO is illegal in raising funds
according to the report released by the national Internet financial security technology expert committee, since 2017, the cumulative financing scale of ICO projects completed through various platforms has reached 63523.64btc, 852753.36eth and some RMB and other virtual currencies. Based on the zero point price on July 19, 2017, it is equivalent to RMB 2.616 billion in total. The total number of participants reached 105000
on August 24, the CBRC made regulations on virtual currency financing for the first time. The CBRC drafted the "Regulations on the disposal of illegal fund raising (Draft for comments)" (hereinafter referred to as the draft for comments) and pointed out that the illegal fund raising administrative investigation should be carried out in the name of virtual currency without legal permission or in violation of the relevant provisions of the state. The participants of illegal fund-raising shall bear the losses caused by their participation in illegal fund-raising
it is reported that Huo Xuewen, director of the Beijing Municipal Bureau of financial work, once pointed out at a closed door meeting that all activities of "managing other people's money" should be included in the supervision
Wu Xiaoling, deputy director of Finance and Economics Committee of the Standing Committee of the National People's Congress and chairman and President of Wukou School of finance of Tsinghua University, also publicly pointed out a few days ago that internationally, ICO has been regulated as a kind of securities in the United States. The people's Bank of China has also made a corresponding statement to bitcoin (pointing out that bitcoin does not have monetary attributes), and further regulatory measures are expected
a blockchain practitioner said that "blocking is better than sparing". Supervision is expected, but if it is totally negated, some enterprises will inevitably move ICO abroad<
4 ask ICO
1. Should ICO be included in the regulation
Tang Ling, CEO of Zhigui technology and general initiator of ink chain, told reporters that ICO should be included in the regulation. Under the demonstration of wealth effect, there are too many "pyramid selling currency" and "air currency" at present. Many projects can be financed before they are determined. Investors are crazy about speculating in currency, and the risk is great
Xiao SA, director of China Science and Technology Finance Law Research Association, believes that the national financial work conference emphasizes the need to strengthen the "professionalism, unity and penetration" of financial supervision, and all financial businesses should be included in the supervision. ICO should also be regulated. Financial innovation has vitality only when it is in accordance with the law, and any violation and abuse will be counterproctive
Li Lin said that since there is no supervision on the use of funds after ICO financing, the whereabouts of funds after ICO financing have become a mystery. He suggested that regulators should pay attention to the appropriateness of investors
2. How should ICO be supervised
Tian Ying, vice president of okcoin, believes that the first step in the supervision of ICO is to clarify the legal nature. The registration management of ICO's enterprises and the open and transparent trusteeship management of ICO's tokens should be carried out. The project sponsor, token circulation platform and the third-party propaganda organization should strengthen the inspection of the authenticity of the project, increase the risk ecation of investors, and effectively control the risk. These regulatory measures can be implemented after qualitative analysis. There are also many legal experts who suggest to refer to the financial technology sandbox regulatory system implemented in the UK and Singapore to minimize the contradiction between innovation and risk
for how to supervise, Tang Ling suggests setting up project audit and e diligence. At present, the ICO project is "self-examination and self passing meeting". Although the agent investment platform will also audit, it has not been put on record. At the same time, we should set up the fund trusteeship. In the early stage, some media exposed that indivial platforms used capital precipitation to buy financial procts, which was caused by the lack of fund custody, and it was easy for the platform to roll up money and run away. In addition, standardized management, the funds should not be allocated at one time. Many entrepreneurs haven't seen so much money and don't know how to spend it. It's easy to have problems
Xiao SA believes that the specific regulatory focus is: proct registration, information disclosure, asset custody, project authenticity and qualified investment
"proct registration is an effective way for regulators to understand and monitor high-risk financial business; Information disclosure is a routine scheme, which can make the project more transparent; Asset custody to prevent stakeholder cases; Project authenticity is the minimum requirement for ICO issuers; Qualified investment, matching the risk and investors, restricting speculative funds. " Xiao SA said
3. What are the difficulties of ICO supervision
Tang Ling said that the regulatory difficulty lies in that many platforms can now achieve ICO through smart contracts, especially through Ethereum projects, which can be raised by themselves without going through the platform. There are many private placements with high risks
Tian Ying believes that identifying the nature of ICO is a difficulty in promoting supervision. ICO is a bit like crowdfunding, but it is not exactly the same as crowdfunding. A while ago, the SEC of the United States announced the results of the investigation on the Dao token, believing that the token has the scope of securities and is under the supervision of the securities and Futures Law. This judgment is also the result of a lot of research and analysis by US regulators. Some non security tokens may expect the right to use certain procts, which does not belong to the category of securities
she believes that ICO is an Internet proct, and some ICO projects are operated globally. In the process of management, international coordination needs to be strengthened. What's more, how far should supervision go
Xiao SA said that there are differences in the instry on the nature of ICO. If we define the essence of ICO as "barter" and exchange one special virtual currency for another, it can be explained
if the ICO project directly raises "legal currency", including RMB, US dollar, euro, etc., it can be understood as "deposit" of illegally absorbing public deposits. Once it meets the requirements of article 176 of the criminal law on the crime of illegally absorbing public deposits, it may constitute a crime
Xiao SA believes that if the ICO project has a dividend clause, it has an equity mark; if the project has a repurchase clause, it is suspected of "capital preservation and interest preservation". It is similar to a financial proct, and it is actually an illegal operation to issue a financial proct without a license. In judicial practice, if illegal business is difficult to define, then the above behavior is likely to be identified as pyramid selling. Many ICO projects in the promotion process, there are promotional incentives, such as "pull an investor back token."
4. The impact of regulation on ICO
Xia Hu, CEO of Weiyou Yuanjie, told the Beijing news that regulators should regulate the development of ICO, especially the establishment of "qualified investor system", because many ordinary investors do not have the ability to bear high risks and should not participate in such high-risk projects. If there is no qualified investor system, it is easy to cause social problems
as for the regulatory impact, Tian Ying said that in the short term, it will have an impact on the current market, and in the long term, it will be concive to the sustainable and healthy development of the entire digital asset instry, so as to truly make the market healthy first and then efficient. On the other hand, supervision will also enable high-quality projects to present their value
according to a research report of Huachuang securities, the innovation trend of ICO is worthy of attention. In the long run, with its growing influence, it is necessary to accept supervision to promote the healthy and orderly development of the instry. ICO platforms or projects with strong strength are expected to take the lead in embracing regulation, balancing innovation attributes and potential risks, and become the beneficiaries of ICO's future development.
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