The difference between Wright coin and Das coin
Publish: 2021-04-07 17:09:23
1. The concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's idea, open source software was designed and released, and P2P network was built on it. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system
litecoin (abbreviated as LTC, currency symbol: Ł) It is a kind of network currency based on "peer-to-peer" technology. It is also an open source software project under MIT / X11 license. It can help users make instant payments to anyone in the world
lightcoin is inspired by bitcoin (BTC) and has the same implementation principle in technology. The creation and transfer of lightcoin is based on an open source encryption protocol and is not managed by any central organization. Lightcoin aims to improve bitcoin. Compared with bitcoin, lightcoin has three significant differences. First, the lightcoin network can process a block every 2.5 minutes (instead of 10 minutes), so it can provide faster transaction confirmation. Second, the lightcoin network is expected to proce 84 million lightcoins, four times the amount of money issued by bitcoin network. Thirdly, the scrypt encryption algorithm first proposed by Colin Percival is used in lightcoin's workload proof algorithm, which makes it easier to mine lightcoin on ordinary computer than bitcoin. Each Leyte is divided into 100000000 smaller units, defined by eight decimal places.
litecoin (abbreviated as LTC, currency symbol: Ł) It is a kind of network currency based on "peer-to-peer" technology. It is also an open source software project under MIT / X11 license. It can help users make instant payments to anyone in the world
lightcoin is inspired by bitcoin (BTC) and has the same implementation principle in technology. The creation and transfer of lightcoin is based on an open source encryption protocol and is not managed by any central organization. Lightcoin aims to improve bitcoin. Compared with bitcoin, lightcoin has three significant differences. First, the lightcoin network can process a block every 2.5 minutes (instead of 10 minutes), so it can provide faster transaction confirmation. Second, the lightcoin network is expected to proce 84 million lightcoins, four times the amount of money issued by bitcoin network. Thirdly, the scrypt encryption algorithm first proposed by Colin Percival is used in lightcoin's workload proof algorithm, which makes it easier to mine lightcoin on ordinary computer than bitcoin. Each Leyte is divided into 100000000 smaller units, defined by eight decimal places.
2. Litecoin (LTC, currency symbol: 321;) It is a kind of network currency based on "peer-to-peer" technology. It is also an open source software project under MIT / X11 license. It can help users make instant payments to anyone in the world< What's the difference between lightcoin and bitcoin:
1. Transaction:
it's easier to use, larger in volume and greater in appreciation potential. The block confirmation time is shorter, which is four times faster than bitcoin. For example, pizza owners are more willing to accept LTC payment to save transaction time< mining:
special algorithm creates the unique charm of LTC, which is also the key to stand out from Shanzhai coins. Scrypt algorithm uses sha256 as its subroutine, and scrypt itself needs a lot of memory, each hash is used as the input seed, and then needs a lot of memory to store another seed pseudo-random sequence, Generate pseudo-random points of sequence and output hash value. The key is that scrypt algorithm needs a lot of memory while sha256 algorithm does not. So in this era when BTC mining of graphics card is coming to an end, LTC mining is about to usher in a golden period of development. Because of the high cost of memory, any ASIC or FPGA has no advantage over graphics card mining. LTC has advantages, at least in the foreseeable future
3. The biggest threat of bitcoin is 51% attack:
some shanzhais are killed by 51% attack. To be honest, LTC is a worry for the development of LTC and BTC, of course. However, the specific problems they face are different: BTC can avoid 51% attack through technology upgrading (such as end block reconstruction, careful node upgrading, and calculation difficulty), However, there is no way to evade LTC technology. However, e to the scattered computing power of graphics card mining and the increasing difficulty, this problem needs to be paid attention to, but don't worry too much. With the use of ASIC in BTC, the risk of 51% attack is increasing. I hope BTC development team can solve this problem as soon as possible.
1. Transaction:
it's easier to use, larger in volume and greater in appreciation potential. The block confirmation time is shorter, which is four times faster than bitcoin. For example, pizza owners are more willing to accept LTC payment to save transaction time< mining:
special algorithm creates the unique charm of LTC, which is also the key to stand out from Shanzhai coins. Scrypt algorithm uses sha256 as its subroutine, and scrypt itself needs a lot of memory, each hash is used as the input seed, and then needs a lot of memory to store another seed pseudo-random sequence, Generate pseudo-random points of sequence and output hash value. The key is that scrypt algorithm needs a lot of memory while sha256 algorithm does not. So in this era when BTC mining of graphics card is coming to an end, LTC mining is about to usher in a golden period of development. Because of the high cost of memory, any ASIC or FPGA has no advantage over graphics card mining. LTC has advantages, at least in the foreseeable future
3. The biggest threat of bitcoin is 51% attack:
some shanzhais are killed by 51% attack. To be honest, LTC is a worry for the development of LTC and BTC, of course. However, the specific problems they face are different: BTC can avoid 51% attack through technology upgrading (such as end block reconstruction, careful node upgrading, and calculation difficulty), However, there is no way to evade LTC technology. However, e to the scattered computing power of graphics card mining and the increasing difficulty, this problem needs to be paid attention to, but don't worry too much. With the use of ASIC in BTC, the risk of 51% attack is increasing. I hope BTC development team can solve this problem as soon as possible.
3. If you want to invest, you need to understand. Then make a decision
bitcoin is an e-money payment system based on the global network
bitcoin is an e-money system based on the global decentralized network system, without the participation of central banks and third-party institutions, with a fixed total amount. Bitcoin has the characteristics of payment system and currency at the same time. Global network nodes are maintaining the bitcoin network all day<
English: bitcoin currency symbol: abbreviation: BTC or XBT
Introction to bitcoin by wiki
different from traditional currency, bitcoin's operation mechanism does not rely on the support or credit guarantee of central bank, government and enterprise, but on the network agreement reached with seed files in the network, which is a decentralized and self-improvement monetary system, Theoretically, it ensures that no one, institution or government can control the total amount of bitcoin or create inflation. Its total amount of money graally increased at the designed rate, and the increase rate graally slowed down, and finally reached the limit of 21 million in 2140<
Introction to bitcoin in network
bitcoin is based on a set of cipher codes and generated by complex algorithms. This rule is not interfered by any indivial or organization and is decentralized; Anyone can download and run the bitcoin client to participate in the proction of bitcoin; Bitcoin uses electronic signature to realize circulation, and checks repeated consumption through P2P distributed network. The generation and consumption of each bitcoin will be recorded through the P2P distributed network and informed to the whole network. There is no possibility of forgery. Bitcoin does not rely on specific currency institutions to issue, it is generated through a large number of calculations of specific algorithms. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction<
Introction to bitcoin in interactive network
bitcoin is an electronic currency proced by open source P2P software. Bitcoin does not rely on specific currency institutions to issue, it is generated through a large number of calculations of specific algorithms. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction<
the difference between bitcoin and bitcoin
it should be noted that
in English, the words bitcoin and bitcoin represent two concepts of payment network and monetary unit
bitcoin starting with capital B represents bitcoin network system or bitcoin network protocol, which is a payment system based on decentralized network
you can simply understand bitcoin as a public accounting system built on the Internet and not manipulated by any third party. Bitcoin, which starts with lowercase B, refers to the digital currency (e-money, e-cash, cryptocurrency) built on bitcoin network. Bitcoin is the payment accounting unit built in bitcoin payment system. We call bitcoin the network system that proces bitcoin<
in Chinese, bitcoin and bitcoin are both called bitcoin without distinction in many places
its main features are as follows:
1. Decentralization
bitcoin is the first distributed virtual currency, and the whole network is composed of users without a central bank. Decentralization is the guarantee of bitcoin's security and freedom< Bitcoin can be managed on any computer connected to the Internet. No matter where you are, anyone can dig, buy, sell or collect bitcoin
3. Exclusive ownership
private key is required to control bitcoin, which can be stored in any storage medium in isolation. No one can get it except the user himself
4. Low transaction cost
bitcoin can be remitted free of charge, but in the end, a small transaction fee will be charged for each transaction to ensure faster transaction execution
5. No hidden cost
as a means of payment from a to B, bitcoin has no cumbersome limit of quota and proceres. If you know the other party's bitcoin address, you can pay<
6. Bitcoin is not completely anonymous
for more information about bitcoin, please visit my website
learning bitcoin studybtc
it will take some time to protect privacy when using bitcoin. All bitcoin transactions are publicly and permanently stored in the network, which means that anyone can view the balance and transaction records in any bitcoin address. Unless the bitcoin holder discloses personal information ring the transaction, the bitcoin address will not be associated with the real identity of the bitcoin holder. This is why it is recommended that bitcoin holders use multiple bitcoin addresses; In fact, you should create a new address each time to receive bitcoin. This is especially important when using bitcoin in public places, such as on websites. In addition, you can also consider using tools like tor to hide your IP address from being recorded. Learning bitcoin
7. Bitcoin is still experimental
bitcoin is an experimental new currency in active development. Although its experimentality is diminishing with its increasing usage, remember that bitcoin is a new invention, exploring ideas that have never been tried before, so no one can predict the future of bitcoin.
bitcoin is an e-money payment system based on the global network
bitcoin is an e-money system based on the global decentralized network system, without the participation of central banks and third-party institutions, with a fixed total amount. Bitcoin has the characteristics of payment system and currency at the same time. Global network nodes are maintaining the bitcoin network all day<
English: bitcoin currency symbol: abbreviation: BTC or XBT
Introction to bitcoin by wiki
different from traditional currency, bitcoin's operation mechanism does not rely on the support or credit guarantee of central bank, government and enterprise, but on the network agreement reached with seed files in the network, which is a decentralized and self-improvement monetary system, Theoretically, it ensures that no one, institution or government can control the total amount of bitcoin or create inflation. Its total amount of money graally increased at the designed rate, and the increase rate graally slowed down, and finally reached the limit of 21 million in 2140<
Introction to bitcoin in network
bitcoin is based on a set of cipher codes and generated by complex algorithms. This rule is not interfered by any indivial or organization and is decentralized; Anyone can download and run the bitcoin client to participate in the proction of bitcoin; Bitcoin uses electronic signature to realize circulation, and checks repeated consumption through P2P distributed network. The generation and consumption of each bitcoin will be recorded through the P2P distributed network and informed to the whole network. There is no possibility of forgery. Bitcoin does not rely on specific currency institutions to issue, it is generated through a large number of calculations of specific algorithms. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction<
Introction to bitcoin in interactive network
bitcoin is an electronic currency proced by open source P2P software. Bitcoin does not rely on specific currency institutions to issue, it is generated through a large number of calculations of specific algorithms. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction<
the difference between bitcoin and bitcoin
it should be noted that
in English, the words bitcoin and bitcoin represent two concepts of payment network and monetary unit
bitcoin starting with capital B represents bitcoin network system or bitcoin network protocol, which is a payment system based on decentralized network
you can simply understand bitcoin as a public accounting system built on the Internet and not manipulated by any third party. Bitcoin, which starts with lowercase B, refers to the digital currency (e-money, e-cash, cryptocurrency) built on bitcoin network. Bitcoin is the payment accounting unit built in bitcoin payment system. We call bitcoin the network system that proces bitcoin<
in Chinese, bitcoin and bitcoin are both called bitcoin without distinction in many places
its main features are as follows:
1. Decentralization
bitcoin is the first distributed virtual currency, and the whole network is composed of users without a central bank. Decentralization is the guarantee of bitcoin's security and freedom< Bitcoin can be managed on any computer connected to the Internet. No matter where you are, anyone can dig, buy, sell or collect bitcoin
3. Exclusive ownership
private key is required to control bitcoin, which can be stored in any storage medium in isolation. No one can get it except the user himself
4. Low transaction cost
bitcoin can be remitted free of charge, but in the end, a small transaction fee will be charged for each transaction to ensure faster transaction execution
5. No hidden cost
as a means of payment from a to B, bitcoin has no cumbersome limit of quota and proceres. If you know the other party's bitcoin address, you can pay<
6. Bitcoin is not completely anonymous
for more information about bitcoin, please visit my website
learning bitcoin studybtc
it will take some time to protect privacy when using bitcoin. All bitcoin transactions are publicly and permanently stored in the network, which means that anyone can view the balance and transaction records in any bitcoin address. Unless the bitcoin holder discloses personal information ring the transaction, the bitcoin address will not be associated with the real identity of the bitcoin holder. This is why it is recommended that bitcoin holders use multiple bitcoin addresses; In fact, you should create a new address each time to receive bitcoin. This is especially important when using bitcoin in public places, such as on websites. In addition, you can also consider using tools like tor to hide your IP address from being recorded. Learning bitcoin
7. Bitcoin is still experimental
bitcoin is an experimental new currency in active development. Although its experimentality is diminishing with its increasing usage, remember that bitcoin is a new invention, exploring ideas that have never been tried before, so no one can predict the future of bitcoin.
4. The first category is currency projects, which are also the earliest blockchain projects. Currency projects mainly include bitcoin and lightcoin
in addition, there is another kind of asset with the characteristics of anonymity. Its main functions include protecting the privacy of both sides of payment while realizing payment. The more famous ones are dash, monero and zcash
currency is mainly used as the "exchange medium" in the field of blockchain assets. The exchange medium is the general equivalent you use to exchange goods. For example, gold, silver and silver bills can be used as the exchange medium in the past
at present, there are more than 1000 types of digital assets in the world, and the number of currency blockchain projects is not growing fast. As of January 2018, bitcoin is still the largest market value. We are already familiar with bitcoin. In the next few episodes, we will give a detailed introction to Leyte coin, Xinjing coin, Dasch coin, Monroe coin and zcash.
in addition, there is another kind of asset with the characteristics of anonymity. Its main functions include protecting the privacy of both sides of payment while realizing payment. The more famous ones are dash, monero and zcash
currency is mainly used as the "exchange medium" in the field of blockchain assets. The exchange medium is the general equivalent you use to exchange goods. For example, gold, silver and silver bills can be used as the exchange medium in the past
at present, there are more than 1000 types of digital assets in the world, and the number of currency blockchain projects is not growing fast. As of January 2018, bitcoin is still the largest market value. We are already familiar with bitcoin. In the next few episodes, we will give a detailed introction to Leyte coin, Xinjing coin, Dasch coin, Monroe coin and zcash.
5.
which platforms trade at the same time
fire coin, 796, bitcoin China
6. At that time, he was widely used in some dark places under the name of Disney. Because of the long time and low transfer cost, Leyte coin also had certain applications. These two are good, but the best one is bitcoin. Interested friends can pay attention to me and communicate with each other.
7. Their essence is digital assets based on blockchain technology<
first, dog money Innovation:
by introcing the essence of consensus in global dog culture, we are determined to become a digital currency for building interesting and friendly community relations<
application scenarios of dog coin:
charity refers to charity in Europe and America. Its concept is larger than that in China. In addition to helping the weak and the poor, any act of love and sharing from the heart is charity. For example, it is charity to subsidize a teenager to participate in the e-sports competition
reward - starting from rewarding editors or those who share excellent content and software works, dog coin will bring positive and far-reaching influence to the world by expressing gratitude, appreciation, friendliness and encouragement
characteristics of dog coin:
dog coin is a rare currency that has not experienced speculation, but its popularity has been good
in order to develop dog coin, we should promote it from "traditional means" to a large extent, such as cooperation with pet businesses<
Second, the application innovation of Dash:
anonymity - the anonymous sending of dash is completely untrusted, because no one can control the whole system, but the probability of problems is very low
by the way, many people think that digital currencies have anonymity, but the reality is just the opposite: most digital currencies do not have anonymity
bitcoin is a typical example of non anonymity. In the past seven years, all kinds of news reports have been misinformed, resulting in many people still think that bitcoin can be anonymous and even become the best tool for money laundering
invest in bitcoin. Unless hackers close their eyes, your wealth will be under their eyes
instant - dascoin has a lightning trading mode, called instantx, which can complete the transaction in a few seconds (usually only one second)
compared with bitcoin's 1-hour transaction completion time, dascoin's arrival speed is very fast
Security: it's natural to be anonymous. Its advanced encryption and two-layer network mode will bring strong security
decision making engine: dascoin's decentralized blockchain management system allows anyone to propose changes or upgrades to dascoin
whether it's legal, marketing or other suggestions, they can be directly submitted to the network through the blockchain. The selected proposal will pay 10% to the new block
the community votes on the proposal every month (only the node holder has the right to vote)
at least 10% more affirmative votes than negative votes are eligible, and there is competition between proposals. The monthly bonus is about 8000 dashes<
self sufficient budget system - budget system or self financing of dascoin allows anyone to provide their own budget and initiate a proposal on the development and publicity of dascoin
the budget system and decision engine make dascoin an independent, decentralized and autonomous currency
Yes, dash itself is probably the first decentralized autonomous organization (DAO) in the blockchain instry<
application scenario:
hope to make achievements in the field of anonymous investment, and strive to build a decentralized and sustainable anonymous financing mode
instant payment under certain demands, such as dascoin, has caught up with bitcoin and entered the ATM market through bitcoin
strictly speaking, bitcoin can't do zero confirmation transaction. It usually takes 3-6 confirmations for bitcoin to confirm a transaction once every 10 minutes before businesses can recognize the success of the transaction. (another factor is the limited capacity of bitcoin blockchain. When the transaction volume breaks out, many people will increase the handling charge, and miners will give priority to the transaction with high handling charge, And may cause your transfer to be delayed)
dascoin is not. Its instantx function can solve the problem of zero transaction trust, and the speed of reaching agreement in dascoin's master node network is amazing, which usually takes only one second
finally, bitcoin wallets are generally confirmed six times, and users will not be allowed to use the new money until one hour after it arrives, which is obviously not concive to the emergency needs of small transactions
therefore, for ATM services that need instant deposit and withdrawal, by eliminating business risks and greatly speeding up the speed of account arrival, dascoin has the upper hand<
other features:
anonymous sending uses the addresses in the very large address pool inside the wallet to confuse frequently
when anonymization is carried out, a large number of transactions will be generated in the background, which means that wallet files need to be backed up frequently
in order to ensure security, it is necessary to back up a new wallet file after each anonymous confusion
do not run wallet programs in different places at the same time. If you do this, you will have automatic anonymous synchronization, and the problem of "double flowers" will occur
dash, formerly known as darkcoin, was used by pyramid schemes because of its anonymity
the most serious case is "Liu Xiong's pyramid scheme with black money". In August 2014, the MLM organization hired a lot of staff to make the official website of "dark money", create a false online trading platform and start the operation of the website
in order to support the false "dark money" investment, the core figure of the MLM organization set up Dakang Intelligent Technology Co., Ltd. in Hong Kong, China
based on this, we take people to the headquarters of the company for investigation and study (every afternoon, consultants will give lectures to teach the concepts of "virtual currency", "dark currency" and other concepts, as well as marketing skills)
in just 8 months, 3 members of the Chinese mainland have developed more than 3 members (counting by accumulating accounts), and nearly 1 billion 500 million yuan has been accumulated. Although the fake "dark money" website established by this pyramid selling organization has nothing to do with the real "dark money", it only uses the reputation and value of "dark money" to make a lot of publicity, so as to achieve the purpose of confusing the public
however, there are still many people who do not know the real situation, and even suspect that the black money is involved in it. As a result, the dark coin had to be completely changed. English name, Chinese name, currency symbol, logo and official website domain name were all replaced
however, because the trial time of the case is very long, the case is still hot in the news after the replacement. Some people who don't know why changed the name of "Liu Xiong's pyramid selling case of dark coins" to "Liu Xiong's pyramid selling case of Dashi coins", which still cast a shadow on Dashi coins
this story tells us that the complexity of digital currency technology makes it impossible for the public to digest in a short time, so the confusion, confusion and danger in the early stage are inevitable
in addition, the number, activity and longevity of MLM organizations in China in recent years, as well as the amazing amount of money collected from MLM cases, not only remind people to be cautious in screening, but also illustrate the poor domestic environment and low efficiency of law enforcement
dascoin is the first of many competing currencies and the only cryptocurrency that has entered the bitcoin ATM market when I write here - that is, dascoin can be extracted from bitcoin ATMs
economist Ashe Whitner (currently working for europacific capital, a global network of more than 600 corporate governance expert groups, tax lawyers, trust advisers and portfolio managers to manage all B2B referral partners) made special mention of arriving at the world currency in an interview and said that in his opinion, Dascoin is a more perfect and flexible management system than bitcoin and most other cryptocurrencies
Ashe Whitner once met with the creator of dascoin, Evan Duffield. Through contact, he thought that Evan Duffield had a great plan here<
Third, integrity currency
Innovation: by introcing the essence of consensus in the credit reference culture, we can protect the credit rights and interests from infringement of digital currency
application scenario: credit investigation - credit transaction, digital assets generated by honest transaction
reward every person who cherishes credit through one visit, bringing positive and far-reaching influence to the world
features: honest currency is a currency that has not been hyped, but its popularity has always been good
to a large extent, it can be developed because under the condition of asymmetric information, everyone needs to open accounts to make information and data symmetrical, and more importantly, it needs regional centralization to ensure the capital security of each transaction
in order to eliminate the credit problem under the condition of information asymmetry.
first, dog money Innovation:
by introcing the essence of consensus in global dog culture, we are determined to become a digital currency for building interesting and friendly community relations<
application scenarios of dog coin:
charity refers to charity in Europe and America. Its concept is larger than that in China. In addition to helping the weak and the poor, any act of love and sharing from the heart is charity. For example, it is charity to subsidize a teenager to participate in the e-sports competition
reward - starting from rewarding editors or those who share excellent content and software works, dog coin will bring positive and far-reaching influence to the world by expressing gratitude, appreciation, friendliness and encouragement
characteristics of dog coin:
dog coin is a rare currency that has not experienced speculation, but its popularity has been good
in order to develop dog coin, we should promote it from "traditional means" to a large extent, such as cooperation with pet businesses<
Second, the application innovation of Dash:
anonymity - the anonymous sending of dash is completely untrusted, because no one can control the whole system, but the probability of problems is very low
by the way, many people think that digital currencies have anonymity, but the reality is just the opposite: most digital currencies do not have anonymity
bitcoin is a typical example of non anonymity. In the past seven years, all kinds of news reports have been misinformed, resulting in many people still think that bitcoin can be anonymous and even become the best tool for money laundering
invest in bitcoin. Unless hackers close their eyes, your wealth will be under their eyes
instant - dascoin has a lightning trading mode, called instantx, which can complete the transaction in a few seconds (usually only one second)
compared with bitcoin's 1-hour transaction completion time, dascoin's arrival speed is very fast
Security: it's natural to be anonymous. Its advanced encryption and two-layer network mode will bring strong security
decision making engine: dascoin's decentralized blockchain management system allows anyone to propose changes or upgrades to dascoin
whether it's legal, marketing or other suggestions, they can be directly submitted to the network through the blockchain. The selected proposal will pay 10% to the new block
the community votes on the proposal every month (only the node holder has the right to vote)
at least 10% more affirmative votes than negative votes are eligible, and there is competition between proposals. The monthly bonus is about 8000 dashes<
self sufficient budget system - budget system or self financing of dascoin allows anyone to provide their own budget and initiate a proposal on the development and publicity of dascoin
the budget system and decision engine make dascoin an independent, decentralized and autonomous currency
Yes, dash itself is probably the first decentralized autonomous organization (DAO) in the blockchain instry<
application scenario:
hope to make achievements in the field of anonymous investment, and strive to build a decentralized and sustainable anonymous financing mode
instant payment under certain demands, such as dascoin, has caught up with bitcoin and entered the ATM market through bitcoin
strictly speaking, bitcoin can't do zero confirmation transaction. It usually takes 3-6 confirmations for bitcoin to confirm a transaction once every 10 minutes before businesses can recognize the success of the transaction. (another factor is the limited capacity of bitcoin blockchain. When the transaction volume breaks out, many people will increase the handling charge, and miners will give priority to the transaction with high handling charge, And may cause your transfer to be delayed)
dascoin is not. Its instantx function can solve the problem of zero transaction trust, and the speed of reaching agreement in dascoin's master node network is amazing, which usually takes only one second
finally, bitcoin wallets are generally confirmed six times, and users will not be allowed to use the new money until one hour after it arrives, which is obviously not concive to the emergency needs of small transactions
therefore, for ATM services that need instant deposit and withdrawal, by eliminating business risks and greatly speeding up the speed of account arrival, dascoin has the upper hand<
other features:
anonymous sending uses the addresses in the very large address pool inside the wallet to confuse frequently
when anonymization is carried out, a large number of transactions will be generated in the background, which means that wallet files need to be backed up frequently
in order to ensure security, it is necessary to back up a new wallet file after each anonymous confusion
do not run wallet programs in different places at the same time. If you do this, you will have automatic anonymous synchronization, and the problem of "double flowers" will occur
dash, formerly known as darkcoin, was used by pyramid schemes because of its anonymity
the most serious case is "Liu Xiong's pyramid scheme with black money". In August 2014, the MLM organization hired a lot of staff to make the official website of "dark money", create a false online trading platform and start the operation of the website
in order to support the false "dark money" investment, the core figure of the MLM organization set up Dakang Intelligent Technology Co., Ltd. in Hong Kong, China
based on this, we take people to the headquarters of the company for investigation and study (every afternoon, consultants will give lectures to teach the concepts of "virtual currency", "dark currency" and other concepts, as well as marketing skills)
in just 8 months, 3 members of the Chinese mainland have developed more than 3 members (counting by accumulating accounts), and nearly 1 billion 500 million yuan has been accumulated. Although the fake "dark money" website established by this pyramid selling organization has nothing to do with the real "dark money", it only uses the reputation and value of "dark money" to make a lot of publicity, so as to achieve the purpose of confusing the public
however, there are still many people who do not know the real situation, and even suspect that the black money is involved in it. As a result, the dark coin had to be completely changed. English name, Chinese name, currency symbol, logo and official website domain name were all replaced
however, because the trial time of the case is very long, the case is still hot in the news after the replacement. Some people who don't know why changed the name of "Liu Xiong's pyramid selling case of dark coins" to "Liu Xiong's pyramid selling case of Dashi coins", which still cast a shadow on Dashi coins
this story tells us that the complexity of digital currency technology makes it impossible for the public to digest in a short time, so the confusion, confusion and danger in the early stage are inevitable
in addition, the number, activity and longevity of MLM organizations in China in recent years, as well as the amazing amount of money collected from MLM cases, not only remind people to be cautious in screening, but also illustrate the poor domestic environment and low efficiency of law enforcement
dascoin is the first of many competing currencies and the only cryptocurrency that has entered the bitcoin ATM market when I write here - that is, dascoin can be extracted from bitcoin ATMs
economist Ashe Whitner (currently working for europacific capital, a global network of more than 600 corporate governance expert groups, tax lawyers, trust advisers and portfolio managers to manage all B2B referral partners) made special mention of arriving at the world currency in an interview and said that in his opinion, Dascoin is a more perfect and flexible management system than bitcoin and most other cryptocurrencies
Ashe Whitner once met with the creator of dascoin, Evan Duffield. Through contact, he thought that Evan Duffield had a great plan here<
Third, integrity currency
Innovation: by introcing the essence of consensus in the credit reference culture, we can protect the credit rights and interests from infringement of digital currency
application scenario: credit investigation - credit transaction, digital assets generated by honest transaction
reward every person who cherishes credit through one visit, bringing positive and far-reaching influence to the world
features: honest currency is a currency that has not been hyped, but its popularity has always been good
to a large extent, it can be developed because under the condition of asymmetric information, everyone needs to open accounts to make information and data symmetrical, and more importantly, it needs regional centralization to ensure the capital security of each transaction
in order to eliminate the credit problem under the condition of information asymmetry.
8. Bitcoin is a digital currency, and there are ups and downs.
EGD is not a digital currency, but an encrypted digital asset
EGD is not a digital currency, but an encrypted digital asset
9. The first category is currency projects, which are also the earliest blockchain projects. Currency projects mainly include bitcoin and lightcoin. In addition, there is another kind of asset with the characteristics of anonymity. Its main functions include protecting the privacy of both sides of payment while realizing payment. The well-known ones are dash, monero and zcash. Currency is mainly used as the "exchange medium" in the field of blockchain assets. The exchange medium is the general equivalent you use to exchange goods. For example, gold, silver and silver bills can be used as the exchange medium in the past. At present, there are more than 1000 types of digital assets in the world, and the number of currency blockchain projects is not growing fast. As of January 2018, bitcoin is still the largest market value. At the same time, investment in digital assets should choose large-scale global trading platforms such as fire coin. Investment needs to be cautious, and identifying the platform is the key.
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