World cup supports virtual currency
1. bitcoin
the concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's ideas, open source software was designed and released, and the P2P network was built on it. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system
2, Ethereum
Ethereum (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. Developers need to pay for eth to support the operation of the application. Like other digital currencies, they can be traded on trading platforms
3. Litecoin
litecoin 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
Dogcoin, which is called dogcoin / dogcoin by some people, was born on December 8, 2013. Based on the crypt algorithm, dogcoin is the second largest virtual currency in the world after bitcoin in terms of the number of usersdigital currency is a global common currency initiated by non-governmental organizations. It does not belong to a certain country, but belongs to all mankind. It has the advantages of fast global transfer. For example, it can remit money from China to the United States in a few seconds, and the cost is low, and the total amount will not be increased at will like legal money, so the total amount is relatively stable
Yuanbao coin is a virtual digital currency similar to bitcoin. The founder of yuanbaocoin is a group of bitcoin enthusiasts and the earliest supporters. However, after seeing the problem of bitcoin, he decided to do his best to develop an electronic currency suitable for Chinese people with the latest technology Ppcoin was pre released by sunny king on August 11, 2012 and officially released on August 19, 2012. Ppcoin's biggest innovation is that its mining method combines POW workload proof and POS equity proof. POS mining method only needs ordinary computers and clients to process transactions and maintain network security, so as to achieve the purpose of energy saving and security Katecoin (KTC) is a virtual P2P digital currency that can be used all over the world. Point to point transmission means a decentralized payment systemin businesses that support Kat coin consumption, you can directly use Kat coin for consumption payment
8, quark money
based on six encryption algorithms (black, BMW, groestl, JH, keccak, skein), nine rounds of super secure hash operation of virtual money, three rounds of application of random hash function, quark money has unique technical specifications
9, infinity coin
infinity coin (IFC) is a new digital currency, which has more circulation advantages than bitcoin, and fills the short board of bitcoin in the field of commercial circulation and promoting commercial operation
one transaction of infinite coin needs three confirmations, each confirmation takes 30 seconds, and the transaction confirmation speed is very fast. Because bitcoin transaction needs 6 confirmations, which takes about 1 hour, and lightcoin transaction takes 15 minutes, infinite coin is used in daily common transactions, which is more practical
Common coin, English name popular coin, or POC, was born on March 7, 2014. The total POC is close to the world population (7.057 billion)POC is a super secure hash operation based on nine rounds of six encryption algorithms (Blake, BMW, groestl, JH, keccak, skein), which is suitable for CPU mining. It generates a block every 15 seconds, with a total of 7.057 billion (close to the world population)
extended data
virtual currency refers to non real currency. Well known virtual currency, such as network company's network currency, Tencent company's Q currency, Q point, Shanda company's voucher, Sina's Micro currency (used for micro games, Sina reading, etc.), chivalrous Yuanbao (used for chivalrous road game), silver pattern (used for bixue Qingtian game)
the popular digital currencies in 2013 are bitcoin, Leyte coin, infinite coin, quark coin, zeta coin, BBQ coin, pennies (Internet), invisible gold bar, red coin and prime currency. At present, hundreds of digital currencies are issued all over the world. Popular in the circle & quot; The legend of "bitcoin, Wright silver, infinite copper, pennies aluminum"
There is no official recognition of any virtual currency in China
different from sovereign currency, the "credit" basis of "virtual currency" is mathematical algorithm, and its price depends on the reliability of the algorithm, market confidence and other factors. There are many defects and loopholes in technology, and its value foundation is very fragile
the China Internet Finance Association recently announced that bitcoin and other so-called "virtual currencies" lack a clear value basis, the market has a strong speculative atmosphere, the price fluctuates violently, and investors blindly follow suit, which is easy to cause capital losses. There is no legal basis for the establishment of various so-called "currency" trading platforms in China
extended information:
in recent years, the price of bitcoin has risen rapidly, attracting a large number of people to enter. A large number of "virtual currencies" followed suit. In 2017, the price of Leyte increased by 476%, the price of Ruibo increased by 54 times, and the price of ether increased by 13 times
Li Aijun, Dean of the Internet Finance and Law Research Institute of China University of political science and law, believes that virtual currency is the proct of networking, and the digital information flowing in the network is beyond everyone's control. The code of cyberspace is the basis of the operation of virtual currency, investors can only operate through the front-end interface, seemingly "control" the virtual currency. The operator of the virtual currency service organization may become the actual controller of the virtual currency through the control code
Li Aijun, Dean of the Internet Finance and Law Research Institute of China University of political science and law, believes that virtual currency is the proct of networking, and the digital information flowing in the network is beyond everyone's control. The code of cyberspace is the basis of the operation of virtual currency, investors can only operate through the front-end interface, seemingly "control" the virtual currency. The operator of the virtual currency service organization may become the actual controller of the virtual currency through the control code
Du Yan believes that the existence of bitcoin and exchanges and other instrial chains has constructed an illegal financial market for asset transfer and financing beyond legal tender, increased the difficulty of regulatory authorities in managing financial security and stability, and promoted regulatory arbitrage and financial crimes. The risks and social security risks it brings to the financial market are far higher than its innovative value
investors should stick to rational investment, not blindly follow the trend, nor take chances. There are risks in investment, especially in the face of a new model, we should be more cautious in investment, so as not to become the target of wealth plunder by criminals
3. Economy refers to the general term of a country's national economy. It includes all the material proction departments and their activities in a country, and part of the non-material proction departments and their activities. We usually talk about the economic situation of different countries from the perspective of national economy (this definition makes a logical mistake, that is, the definition of cycle).
Bank of Malaysia: it does not recognize or prohibit the public from deciding on the future of virtual currency
the president of the National Bank of Malaysia, dansri Muhammad Ibrahim, said that the concept document of cryptocurrency will be finalized this month, and the future of the virtual currency will be decided by the public
he mentioned that Malaysia's response is slightly different from that of some countries that have decided to ban cryptocurrency. Malaysia will not ban cryptocurrency at present, but let the market decide the future of cryptocurrency. The key is that our country must understand what is inside it
however, on September 28, Dato Mohamad zabidi bin Ahmad, senior director and global head of CIMB, Malaysia's second largest bank, attended the launching ceremony of an exchange called "urcoin" and publicly expressed the bank's support for it
It can be seen from this that although Malaysia does not affirm digital currency as its legal tender, it has selected some projects to support it, observe its development and prepare for the future legislationSingapore is currently the most popular location for ICO projects in the world. As a financial center and International Arbitration Center in Southeast Asia, Singapore has an open-minded policy, a sound and stable legal system, blue sky, white clouds and bright sunshine, which makes it the most popular blockchain project landing country
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3. Singapore is the most popular settlement area at present, which is easy to be recognized and establish a corporate public welfare image
4. Engaging in blockchain / ICO projects in Singapore can provide financial support and reasonable tax avoidance for enterprises. In April 2017, the lightcoin foundation said on its official website that it has officially become a non-profit company under the guarantee of the accounting and enterprise authority of Singapore. According to the local laws of Singapore, members of a "guarantee limited company" not established for profit-making purposes are obliged to contribute their assets to the company. According to the announcement on the official website, the main task of the foundation is to provide financial support to the core development team members of letcoin
how to register Singapore foundation
1. Name of the company: XXX Foundation Limited or Ltd in all English words
2. Provide scanned copies of ID card or passport of directors, at least three directors, one of whom is Singapore nationality (provided by our company)
3. Registered capital: 1 Singapore dollar
4. Local address in Singapore (provided by our company)
at the end of 2013, the central bank and other five ministries and commissions jointly issued the bitcoin risk notice, which clearly defined bitcoin as a special Internet commodity that people can buy and sell freely at their own risk. At present, no financial institution is allowed to provide bitcoin related services
these rules are also applicable to; Wright coin, Ruitai coin, dog coin and other digital cryptocurrency.
Visa, a powerful payment giant with many users around the world, announced that it will support the payment function of virtual currency stable currency (usdc) on its platform. As the most influential payment platform in the world, supporting the entry of virtual digital currency not only increases the access channel of virtual currency, but also means that virtual currency has been graally recognized and supported by the market, which has become a trend of future currency development
although virtual currency has incomparable advantages over traditional paper currency, e to the lack of an international standard and agreement, its price is often hyped up and down by intentional speculators. For the popularization and application of virtual currency in the world, there is still a long way to go in the future
cheat people will not cheat
besides, isn't the skin box fragrant?
it's only 8 yuan