The difference between Ethereum and legal money

1. Eth is a kind of digital token of Ethereum, which is regarded as "bitcoin version 2.0". It adopts the blockchain technology "Ethereum", which is different from bitcoin. It is an open-source public blockchain platform with intelligent contract results, and a resonance network composed of tens of thousands of computers around the world. Developers need to pay eth to support the application. Like other digital currencies, ether currency can be bought and sold on the trading platform

warm tips: the above explanations are for reference only, without any suggestions. There are risks in entering the market, so investment should be cautious. Before making any investment, you should make sure that you fully understand the nature of the investment and the risks involved in the proct. After a detailed understanding and careful evaluation of the proct, you can judge whether to participate in the transaction
response time: December 2, 2020. Please refer to the official website of Ping An Bank for the latest business changes
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2. Bitcoin and Ethereum are both digital currencies. Bitcoin ranks first in market value, followed by Ethereum. After registering with the bitnet exchange, you can invest in them.

3.

1. The price of BTC and eth you see on this platform is not the real price against the US dollar, but the price in usdt, which is priced in OTC legal currency. Their ups and downs are all calculated in terms of usdt. All three of them are virtual currencies, just currency transactions, not real dollar prices

2. Usdt is a complete domestic counterfeit currency, formerly known as realcoin, but it has just changed its name. Realcoin is the second generation of domestic counterfeit currency, and the first generation is called chncoin Chinese currency. Both of them collapsed successively in 2013 and 2014

3. The actual value of usdt can be said to be equal to 0. Teda Company, which issued usdt, stopped providing any services to American citizens, that is to say, Teda Company could not provide usdt to us dollar

extended information:

1. Fire coin is a safe and reliable bitcoin trading platform in China. It has won a round of ten million RMB capital investment from Zhenge fund, Dai Zhikang, Sequoia capital (shareholders of many world-famous companies such as apple and Alibaba). Fire coin implements strict risk control management and operates stably. As of the end of 2016, the accumulated turnover of fire currency reached 200 billion yuan

2. In the future, fire coin will mainly focus on overseas transactions. Founder Li Lin said in an open letter that he is currently carrying out five major businesses around the world, including fire coin global professional station, fire coin Korea, fire coin China, fire Coin Wallet and fire coin global dollar station. Among them, fire coin China focuses on blockchain technology R & D and application information, while fire coin Korea and fire coin global dollar station will continue to provide local legal currency to digital currency digital asset trading services

4. Blockchain colloquialism:
mahjong is the earliest application of blockchain in China:
the idea that a wants to play mahjong is equivalent to creating a block:
a calls to inform B, C and D, which means "decentralization & quot; Point to point transmission of
ABCD has formed a consensus that the touch action is "mining", and four people are "miners"
mahjong is a hash value. The Hu card is to hit the correct hash value and get the corresponding chip reward, which is called bitcoin
each of the four recorded the first round of the game. In the whole blockchain, this is only one node. If 20 mahjong games were played that day, that is, 20 nodes (blocks), and 20 blocks were connected together to form a complete ledger, that is blockchain< According to historical records, China is the world's earliest application group in blockchain, so you can be proud to say that China is more than 1000 years ahead of the world in blockchain application
it's powerful. Our country is [strong] [strong] [strong]

5. Basically, they can be exchanged. This can't be used as a basis for distinguishing platforms. It depends on the trading volume of the platform. If the daily trading volume is less than 5 billion, it's better not to consider it

6.

Token refers to virtual digital assets, which is the token that we often hear about recently. It is a string of digital codes generated by the underlying technology of blockchain. It is unique, consensus and tamper proof. The more famous tokens include bitcoin, ETH Ethereum, usdt TEDA currency, etc. legal currency is the abbreviation of "legal currency" or "legal compensation currency", which is the currency given by the state in the form of law for compulsory circulation. For example, US dollar, RMB and euro all belong to legal currency. INMARSAT is a digital asset generated based on the underlying technology of blockchain, which belongs to token. INMARSAT is issued by INMC INMARSAT International Club. INMARSAT is registered in the United Kingdom, headquartered in Russia, and has a formal and legal international business license. It is a blockchain application scenario platform with entity operation

the QR code of Yingmai wallet app is attached, which can be downloaded and experienced

7. OTO (online to offline), also known as o2o, promotes the business development of enterprises< BTB (business
to
business), also known as B2B, is the marketing relationship between enterprises, which tends to be mature and mainly develops online sales activities with the help of Internet. In recent years, B2B has been developing rapidly. BTC (business to customer) is also called B2C, which means "online to offline".

8. Traditional blockchain asset transaction is the exchange between blockchain assets and RMB (CNY), and currency transaction is to replace RMB with currency.