Ethereum legalization

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. At present, there is no objection to indivials holding cryptocurrency in China, but it is not allowed to trade or exchange in kind, that is to say, it is allowed to hold but not to circulate

3.

First of all, we need to understand what is MLM:

MLM refers to the illegal behavior of organizers and development personnel to obtain wealth by calculating and paying remuneration to the developed personnel based on the number or performance of the personnel directly or indirectly developed, or requiring the developed personnel to pay certain fees to obtain the qualification to join. The essence of MLM is "Ponzi scheme", that is to say, the money of later comers is distributed to the income of former comers

However, the new type of MLM does not restrict personal freedom, does not accept ID cards and mobile phones, and does not take classes collectively. Instead, it uses capital operation as a banner to pull people to cheat money, drives luxury cars, wears gold and silver, and uses money to attract your relatives and friends to join in, and finally makes you lose all your money

then judge whether the ether coin is a kind of MLM, whether you need membership fee, whether you need to ask your relatives and friends to join

extended materials:

Ethereum is an underlying technology platform on which developers can create distributed applications. With the application, there will be transactions. With a transaction, you need money to complete the transaction. In this way, money has value, and investors' investment has a return. If the transaction volume on the platform is larger and larger, the demand for money will be higher and higher, and the money will be more and more valuable

from the perspective of image, bitcoin creates a kind of digital gold, while Ethereum creates a country, and Ethereum is the credit currency of the country

after bitcoin, there are thousands of digital virtual currencies in the world, many of which are completely deceptive in the guise of "digital currency". Previously, Haikou Municipal Public Security cracked down on a pyramid selling organization called "Eurasian currency", which operated on the internet pyramid selling platform, making more than 40000 investors cheated, involving 4.06 billion yuan. The field of virtual currency has just started, so we need to be cautious

resources : Ethernet money network

4.

It does not belong to MLM

Ethereum is an open source public blockchain platform with smart contract function, which provides decentralized virtual machine (Ethereum virtual machine) to process point-to-point contract through its special cryptocurrency Ethereum

the concept of Ethereum was first proposed by vitalik buterin, a programmer, from 2013 to 2014, inspired by bitcoin, to the effect of "next generation cryptocurrency and decentralized application platform", and began to develop through crowdfunding in 2014. The market value of Ethernet currency is second only to bitcoin, and it is the second largest encrypted digital currency in the world

extended data

bitcoin has created the first decentralized cryptocurrency, and has fully tested the feasibility and security of blockchain technology in more than five years. In fact, bitcoin's blockchain is a set of distributed database. If a symbol bitcoin is added into it and a set of protocol is specified, the symbol can be transferred safely on the database without trusting a third party. The combination of these features perfectly constructs a currency transmission system bitcoin network

however, bitcoin is not perfect, and the scalability of the protocol is a deficiency. For example, there is only one symbol in the bitcoin Network - bitcoin, and users can't customize other symbols. These symbols can represent the company's stocks or debt certificates, which will lose some functions

In addition, a stack based scripting language is used in bitcoin protocol. Although this language has some flexibility to realize functions such as multi signature, it is not enough to build more advanced applications, such as decentralized exchanges. Ethereum is designed to solve the problem of insufficient scalability of bitcoin

5. What the platform does is the price spread trading of eth (ether currency) on various trading platforms all over the world. It uses a variety of trading strategies to match and trade between currencies, such as ether currency / bitcoin, ether currency / US dollar, and other counterfeit currencies. On the basis of professional investment management of ethtrade, it can make your investment increase up to 25% per month.

6. Both of them are not compliant. It is estimated that the platform will be closed before it is sealed up

7. 1. Automatic walking steps: press and hold the right button, open the backpack (b) or property bar (c), release the right button, close the backpack or property bar, Ding! Automatic walking complete... The map is invalid

2. Press and hold the ALT key to display the name and blood volume of the specific characters and monsters, as well as the names of falling objects on the ground

3. Lock the magnifying glass next to the monster's name to see its defense and armor value

4. The groom can exchange 200 donkey coupons for a donkey, and 1000 black horse coupons for a black horse. The coupons can be obtained from the groom by doing the entrusted task at level 12. Donkeys or black horses do not have enough enrance and need to buy feed. The feed is in the groom's place. Donkey feed 188 gold coins can be charged in 15 minutes, and black horse feed 750 gold coins can be charged in 30 minutes

5. Return to the city scroll 200 gold coins a group of 10, an average of 20 yuan a piece, novice task NPC about Vick to buy. If there is no scroll back to the city, you will return to the spring of the city of Ellen. I came back to town bound in the city of Ellen

6. Exclusive weapon: equipment used after transfer (like Assassin's throwing knife, pastor's staff)

7. If you don't have money, you can move the haystack. The haystack is in the little fat sheep pen on the right. There may be many people, so you need to be quick with your eyes and hands. Give it to the groom to get 300 iron coins, and sell it directly to get 300 gold coins.

8. You can also get 350 gold coins by rolling the wine barrel. You need the advanced tavern owner to pick up the task, and then you need to move it quickly. The target NPC is random when the distance is not equal

9. There are many people who don't know where to move pumpkins. To move pumpkins, you need to hit Mongo first, and then the black angel will open the lava post. The pumpkins are in this map. You don't need to take on the task. Refresh once at 4:00, 12:00 and 20:00. Refresh 500 at a time, and then you'll be gone.

8. There are hundreds of digital currencies on the market. Apart from bitcoin and Ethereum you mentioned, there are also Leyte, ecell, reborn and TEDA coins with good reputation.