Virtual currency exchange lottery

1. blockchain is a distributed irreversible ledger technology
virtual currency is a network currency
gambling is a speculation

2. In addition to bitcoin, there are many other virtual currencies in the virtual world< Liteoin (LTC) was released on October 7, 2011, and is currently the most valuable counterfeit currency, accounting for about 2% of BTC's market value. The current unit price is US $2.31, with a total currency value of US $38 million

this is also a distributed (decentralized) digital currency. Unlike the sha256 mining algorithm used by bitcoin, LTC adopts scrypt algorithm. Scrypt algorithm uses sha256 as its subroutine, and scrypt itself needs a lot of memory. Each hash is used as the seed of the input, and then it needs a lot of memory to store another pseudo-random sequence to generate the pseudo-random points of the sequence and output the hash value. In the mining of BTC (bitcoin), it is not enough to rely on simple graphics card mining (it takes about ten to dozens of days to dig a BTC with general configuration graphics card). The emergence of various expensive mining machines has raised the threshold for ordinary people to get BTC through mining, while LTC has certain advantages in using PC graphics card mining This passage comes from Zhihu.)

compared with BTC, litecain has made a little improvement in technology. If BTC is gold now, LTC is silver for the time being

the biggest advantage of litecoin is that it can confirm the authenticity faster. The virtual currency is designed and maintained by Charles Lee. Bitcoin transactions need to be verified, and the average verification time is more than 10 minutes. Most transaction websites need 1 hour to verify. The average transaction confirmation time of liteoin is 2.5 minutes. Developers claim that shortening the verification time increases the practicability of virtual currency. The bitcoin mining efficiency of customized machine and AMD GPU is the highest, making it almost unprofitable for miners using CPU mining. Litecain's mining excludes GPUs and custom processors, so it doesn't rely too much on a small number of professional miners

ppcoin

ppcoin (PPC) was released on August 19, 2012, which has improved the original technology of BTC. Use proof of make and add the concept of coin age

ppcoin is a bifurcated project of bitcoin, which aims to achieve energy efficiency and maintain the best performance of the original bitcoin as far as possible. The unit price of ppcoin is US $0.22 and the total currency value is US $4 million

ppcoin does not have a fixed upper limit of money supply, but it does not mean that ppcoin has obvious inflation compared with bitcoin. Bitcoin can be compared to gold. The annual inflation rate of gold is about 1-3%. Although gold has no known upper limit of money supply, we still know that it is a reliable scarce commodity

ppcoin has two types of casting: work certificate and equity certificate. The coinage rate of working proof is affected by Moore's law, which depends on the doubling of our working proof ability. What we all know is that Moore's law will eventually come to an end. By then, the ppcoin of inflation may be close to the gold level. The annual maximum inflation rate of certificate of equity is 1%. At the same time, ppcoin's transaction costs were destroyed to fight inflation. So on the whole, the coin design of ppcoin is still a very low inflation design in the future, which can be comparable with bitcoin<

ppcoin's reward is similar to lottery, which will determine the winning probability according to the number of ppcoin held by miners. Sunny king, one of the founders, said that their design is based on a new concept of long-term energy efficiency

terracoin

terracoin (TRC) was released on October 26, 2012, with a total currency of 42 million. The speed of each block is 2 minutes, slightly faster than LTC. There is not much special in technology, similar to the proction of BTC halved every four years

however, the operation team seems to have a strong business background and may be better than other bitcoins in circulation. The development of virtual currency is getting more and more attention. Now some teams with business background will accelerate the development of virtual currency

namecoin

namecoin is a distributed domain name system based on bitcoin technology. Its principle is the same as bitcoin. The first release date of this open source software is April 18, 2011

namecoin is generated from an original block which is different from bitcoin's main trading block. It uses a new blockchain, which is independent of bitcoin's blockchain. Because it is based on bitcoin, the security, distribution, robustness, encryption and migration of domain names are guaranteed mathematically. You can dig bitcoin and namecoin at the same time

this project was discussed and proposed by bitdns, which is mainly dissatisfied with the defects of DNS. The only top-level domain name of namecoin is. Bit. It costs namecoin to register a. Bit domain name

in addition, Q currency, Shanda currency, starting point currency and various online game currencies are also virtual currencies.

3. On April 26, Xinhuanet published the article "the establishment of China virtual digital currency and Internet Lottery Development Research Center", which caused a large number of media reprints. The article mentions that "the Working Committee for culture of the Chinese nation and the Association for economic and cultural development of the Chinese nation jointly initiated the establishment of the Research Center for the development of China's virtual digital currency and Internet lottery, aiming at promoting the research on the issue of digital currency and Internet lottery under the current economic new normal."
later on May 6, China Business Times published the article "the establishment of Internet Lottery Development Research Center in Beijing", which first mentioned Hainan rizheng online sports Co., Ltd., saying that it was awarded the certificate of issuing, selling, trading, settlement services, organizing and planning all kinds of chess and cards issued by the Ministry of culture, the Ministry of instry and information technology, the Ministry of public security and the Bureau of instry and Commerce in January 2016 In addition, we will also issue the virtual digital currency "Jiuzhou coin" on a pilot basis Sina CAITONG)
this is an application scenario of digital currency. Digital currency can also exist as an asset category, such as token launched by European crowdfunding platform.

4. It's not worth it, kid. Don't be paranoid.

5. It's not illegal. If the operators of the video game city don't exchange tokens (that is, recycle game coins), it doesn't constitute gambling.
take the simplest example: Fengqi chain arcade hall, in fact, adopts this mode. Many of their arcades are of that kind, but because the tokens they sell can't be exchanged, that is, they can't be exchanged for cash, In fact, it can't be regarded as a gambling chip, it can only be a general game machine.
whether it is illegal or not depends on whether the video game city has complete licenses. Nowadays, it's difficult for a single video game city to obtain various kinds of approval, but the chain may get it. The second is whether reverse exchange is allowed, that is, game tokens can be exchanged for cash.
this is just like playing mahjong if it's just entertainment, It does not constitute gambling, but if a large amount of cash is used, it constitutes gambling.

however, in general, small and medium-sized arcade halls, if they can not be reversed, there will be fewer players

6.

With the KPL finals coming to an end, the king's glory official will also clear the coin at the end of the year. Many friends in the final, crazy guess got a lot of money, but still don't know how to exchange reward. In the following, we will introce in detail the exchange of guessing currency and the problem of where to get it after exchanging it to the avatar

where to exchange the king's glory coin for reward:

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if players have a large number of guessing coins, you can click to enter in the competition activities on the right side of the king's glory game interface, and then find the guessing column, and then click prize exchange, You can see all the exchange rewards

it should be noted that the faces of the three KPLS can be exchanged, and they are all 15000 guessing coins. Xiaobian said that the Yellow KPL's head is the best, but he quickly exchanged the blue one

Where can I get the avatar of guessing coin exchange:

the avatar of guessing coin exchange is not directly sent to the avatar list, but needs players to get it in the mailbox. Please check after exchange

7. Lottery: lottery can buy props and give gifts to players Lottery tickets can be obtained by recharging or gifts from players)
lottery money: lottery money can be used as a scoring unit in some games to increase the fun of the game“ "Lottery" can be exchanged for "lottery", but "lottery" cannot be exchanged for "lottery".

8. There are many problems about children's infatuation with the Internet at present. How to get children out of Internet infatuation? Psychological experts suggest that parents should actively communicate with their children on an equal basis and strengthen their spiritual care for their children. This is very important. Parents should actively communicate with their children equally to understand their inner world, what their children need and want, and give them spiritual care, understanding and comfort. For example, the head of the family can often chat with the children about the things that the children are interested in, participate in the meaningful activities that the children are interested in, respect the children's cognition, meet the children's needs for spiritual love, and rece the children's desire to surf the Internet. Families and schools should communicate regularly, establish an effective monitoring system, and control the work and rest time of children with internet addiction. In order to build a good external environment.

9. This is not what you can control. Generally, the game hall will refund money directly. But there are also some halls that don't give money back. They are all for you to accumulate your cards and continue to play in the cards, or exchange some small souvenirs directly. The water is very good. The best way is to find someone else to cash it out. For example, one hundred yuan, one hundred coins. Then you can sell it for 150 coins and 100 for money, so you can find someone to sell it.

10. From Nanping 4 km to Chongqing West Station, you can take the following bus:
bus route: no.809 → no.g09 → Chongqing West Station ring line, the whole journey is about 22.8 km
1. Walk about 1.1 km from 4 km village to Nanping Town 4... To Nanping South Road Station
2. Take no.809, pass 1 station, and reach 4 km hub station
3. Take no.g09, pass 1 station, and reach Chongqing West Station