What's the meaning of five times of coin an Ethereum
BTC, usdt, ETH, BCH, LTC mean respectively:
1, BTC
bitcoin. The concept was first proposed by Nakamoto in 2009. According to Nakamoto's idea, the open source software is designed and released, and the P2P network is built on it. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system
2, usdt
TEDA currency is a virtual currency that links cryptocurrency with legal currency US dollar, and is a virtual currency kept in foreign exchange reserve account and supported by legal currency
EthEthereum is an open source public blockchain platform with intelligent contract function, which provides decentralized Ethereum virtual machine to process point-to-point contract through its special cryptocurrency ether
4. BCH
bitcoin cash is a new version of bitcoin with different configurations launched by a small number of bitcoin developers
at 20:20 on August 1, 2017, bitcoin cash starts mining, and each bitcoin investor's account will have the same amount of bitcoin cash (BCH)
5, LTC
litecoin, abbreviated as 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
source of reference: network bitcoin
source of reference: network TEDA coin
source of reference: network Ethereum
source of reference: network bitcoin cash
source of reference: network letcoin
source of reference: Network
Introction
BNB coin an coin [2] is a blockchain currency that has been undervalued by the market since it was issued. In October, the price of BNB was 10 yuan, and 986000bnb was destroyed, accounting for 20%, so the profit converted into US dollars is about 7 million US dollars. In October 2018, the price fluctuated around RMB 57
distribution ratio
1. ICO has issued 100 million BNB to the public, accounting for 50% of the total issuance ratio. It is also carried out on three platforms: coin security official website, renrenico and coin long website
2. Members of the founding team held 80 million bnbs in the early stage, accounting for 40% of the total issuance [2]
3. Well known instry insiders hold 20 million bnbs, accounting for 10% of the total issuance
how to buy coin BNB
you can buy BNB on otcbtc. This platform is the most commonly used trading platform. It feels smooth, safe, reliable and easy to learn to operate. It is suitable for novices to learn first and trade over the counter. Payment is also very convenient, support Alipay, WeChat, bank card payment to buy GXS public credit, BTC, ETH, EOS, USDT, QTUM, BNB, ZEC, BCH, DEW and other digital coins.
value and repurchase mechanism
1. Preferential dection of transaction fees of coin security platform
no matter what kind of token is traded on coin security platform, if the user needs to pay transaction fees and holds enough BNB, the system will discount the fees and convert the equivalent amount of BNB according to the market value at that time, and use BNB to complete the payment of transaction fees. Discount rate 50% 25% 12.5% 6.75% no discount [2]
2. Buy back mechanism:
we will buy back 20% of the net profit of coin an platform in each quarter after the launch of coin an platform. The bought back BNB will be destroyed directly. The buyback record will be published at the first time. Users can query through the block chain browser to ensure transparency until the total number of BNB is 100 million
3. The "fuel" of decentralized trading
in the future, BNB will also be the fuel of the trading platform of coin an's decentralized chain. BNB is needed when using coin an decentralized trading platform. It includes various functions such as dection of service charge and reward.
Ethereum is the main network, and Ethereum is the currency in it (my home), but now it is basically called Ethereum or eth or Ethereum, and it is rarely called Ethereum (we do). Coin an is a digital asset exchange, in which trading needs to transfer the currency to their platform wallet for operation (other people's home)
about realization: ether belongs to the mainstream currency. Realization is no problem, at least it will not run away. The rise and fall of this kind of virtual assets is still quite large. If you are not keen on finance, you should be prepared for loss. If you want to invest, you should be cautious
Mr. Yuan Wang is engaged in the development of digital asset blockchain system. If you need to develop it, you can search "Mr. Yuan Wang" on the Internet for detailed communication
[analysis]: currency transaction means that the transaction platform only supports the transaction between digital assets. It not only supports the exchange services between mainstream digital currencies such as bitcoin, Ethereum and lightcoin, but also supports the exchange of new, popular and high-quality currencies on the platform, making the exchange between various currencies more convenient, The most essential point is that it does not support any legal currency
