GitHub virtual currency
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
Basic routine: the "trading market" of MLM digital currency is basically controlled by specific institutions. In order to attract investors' investment in the early stage, the currency price may be very high. Once the time is ripe, it will be sold intensively, and the price will plummet, and the investors will lose all their money
There are three characteristics of digital money MLM:1. Digital money is a real proct, and it is highly packaged
2. The participants can get a head pulling reward, and the prize is the digital currency itself
3. Digital currency will appreciate with the increase of participants in the scam. In the cycle of digital currency appreciation, the number of participants who can obtain digital currency will also increase, and the participants, including the lowest level participants, will also gain, but in the cycle of devaluation, the bottom level participants often lose a lot
in 2017, the Internet Finance Association of Jiangsu Province issued the "internet pyramid selling identification guide", which named 26 so-called digital currencies as illegal pyramid selling projects covered or suspected to be covered with digital currency. They are: treasure money, Baichuan money, SMI, MBI, mark money, Diablo money, mmm, Fuda compound wealth management, carat money, V treasure, Vicat money, petroleum money, Huaqiang money, CB aiib Hong Kong Group, Yuansheng, Morgan money, beta money, WorldCom, u money, Jubao, 21st century fox, Wanxi wealth management, Wanfu money, Wuxing money, Yi money, Zhonghua money, etc
extended materials:
five ways to distinguish whether digital currency is pyramid selling currency:
1. Issuance mode
virtual currency does not rely on specific monetary institutions. It is proced by a large number of calculations according to specific algorithms, and is a decentralized issuance mode. Each different terminal node is responsible for maintaining the same account book, and the maintenance process is mainly to package and encrypt the transaction information by the algorithm, while the MLM currency is mainly issued by a certain organization, and the profit is made by pulling the head
2. Transaction mode
virtual currency is a kind of sporadic transaction spontaneously formed in the market, which is graally completed by a third party establishing an exchange after the scale is formed. The MLM currency is issued by an institution and traded on its own platform
3. Implementation method
virtual currency itself is an open source program, which is maintained in GitHub community. The parameters and methods of the total amount limit are shown in the open source code. The open source of MLM currency is completely ing other people's open source code, and there is no use of open source code to build programs, so its essence is controlled by the website like Q currency
4, whether to give the source code link
General decentralized digital currency will give the source code link in the prominent position of the official website, so as to show the operation mechanism of the monetary system openly and transparently. The MLM currency focuses on the transaction process of recharge purchase, but does not mention its operation mechanism. Even the website does not have the link address of the source code
5, whether the official website starts with HTTPS
generally, the addresses of the official website and trading website of decentralized digital currency start with HTTPS, and the purpose is that this kind of website can well protect the user's data from illegal theft. But the official website of MLM currency, trading website and other related websites do not start with HTTPS
ledger wallet is a hardware wallet with general ease of use and high security
ledger, a manufacturer of bitcoin hardware wallet, is one of the leading companies in the field of digital currency security, which can provide reliable hardware for consumers and enterprises. Ledger is a bitcoin hardware wallet based on smart card, which provides the highest level of protection with advanced technology, as well as usability and controllability. Ledger hardware wallet is a multi-functional wallet. It is a hardware device that can store private key safely. When viewing wallet and sending transaction, hardware wallet needs to cooperate with software wallet to use. At the same time, it supports secure storage of bitcoin, Ethereum and platform token, zcash, etc. Its project is already open source on GitHub. Based on its hardware devices, you can use either the software wallet developed by ledger or the software wallet developed by other teams, that is, you can use ledger with Ethereum web wallet myetherwallet or parity wallet
2. Trezor
trezor is easy to use and safe, so it belongs to hardware wallet
trezor is a high-tech data encryption memory. The proct is proced in Czech Republic. This brand is recognized in the instry as the earliest, most cautious and most secure encrypted memory, and has been verified by global digital currency players as a reliable brand with excellent company record and rich software support. Trezor's security model is based on the principle of zero trust. The principle of zero trust is a security system that assumes that any part of it may be attacked successfully
3. Opendime
opendime is a hardware wallet with general usability and high security
opendime, a manufacturer of bitcoin hardware wallets, is one of the "leading technology" companies in the field of digital currency security. It is affiliated to coinkite, a bitcoin enterprise in Canada, which provides services for bitcoin and lightcoin wallets, as well as payment terminals. Legal currencies supported include US dollar, RMB, euro, Canadian dollar, British pound, Polish zloty, Russian ruble, Australian dollar, Japanese yen, Brazilian currency, Swedish krona, etc. Opendime is a hardware wallet, its private key is generated inside the device, and will not be known by anyone, not even you! Opendime multilingual user interface: Chinese, Japanese, English, Portuguese, French, German, French bring convenience to you
4. Kushen wallet
Kushen wallet is easy to use and safe, and belongs to mobile phone and hardware wallet
the English name of Kushen wallet is coldlar. Kushen wallet belongs to Beijing Kushen Information Technology Co., Ltd. It is a technology company focusing on providing secure storage solutions for encrypted assets. Kushen company is deeply engaged in blockchain security technology, providing various forms of personal wallet procts such as hardware wallet, mobile app wallet, cloud wallet and multi signature wallet, as well as professional enterprise wallet procts. The hardware wallet adopts the "hot and cold separation" architecture, and uses various data encryption transmission methods such as QR code, Bluetooth, NFC, etc. to make the private key never touch the network, completely eliminate the risk of private key being stolen by network hackers, and realize the safe storage of a variety of encrypted assets
5. Bitgo
bitgo is a computer wallet with average ease of use and medium security
bitgo is a high security multi signature wallet, which protects your bitcoin from being stolen and lost. You keep your wallet on your own; Bitgo cannot spend or freeze money. Multiple bitgo wallets are also easy to use and provide advanced security features such as consumption restrictions and multi-user access
6. Keepkey
keepkey is a hardware wallet with high ease of use and medium security
keepkey is a hardware wallet to protect your digital assets such as bitcoin and Ethereum from hackers and thieves. Keepkey wallet supports multi currency hardware wallet, which is currently acquired by shapeshift. Keepkey adopts a unique recovery mechanism, which makes it more secure to use. This mechanism allows users to recover in 12 words. Additional security means that users do not need to store private keys on the device. They can recover their private keys and transactions and then erase the records on the device. This is currently the safest way to store bitcoin
7. Wookong
wookong is a hardware wallet with high ease of use and high security
wookong is a professional encryption digital asset escrow solution (Patent No.: zl201710884108.5) which combines high-strength cryptography algorithm and high-level financial security hardware solution. It has higher security than multi signature wallet and cold wallet. Main customers: financial institutions, exchanges and teams with higher security requirements than ordinary hardware cold wallets and multi signature wallets
8. Coinbase
coinbase is easy to use, medium security, and belongs to mobile phone and computer wallet
coinbase wallets, coinbase wallets come from Toshi wallets, and coinbase wallets are redefining the encrypted wallets that users expect. It's not just a tool for accessing cryptocurrency, you can see it as a foothold for exploring distributed networks. With coinbase wallet, you can: manage Eth and all your ecr-20 currencies (BTC, BCH and LTC will soon be supported); Receive airdrop and ICO currency; Purchase and store cryptocurrency (non replaceable currency, but can be used in the game or traded in the market); Can carry on the currency transaction without the service charge with any person in any place; Buying and selling currency through mass exchange or agent; It can access any third-party dapps to realize the functions of borrowing or lending to earn cryptocurrency by others in the blockchain through verification, service execution or task completion
9. Imtoken
imtoken is easy to use, medium security and belongs to mobile wallet
as a professional digital asset wallet, imtoken wallet is safe and easy to use; Support multi chain and multi currency management and exchange, so that blockchain technology can be better integrated into your life. Imtoken's vision is to make economic incentives consistent, privacy inviolable and value flow freely
imtoken has recently obtained a round a investment of IDG capital of US $10 million. He bin, founder and CEO of imtoken, said that this round of financing will support the development of imtoken's overseas market and the reserve of more technical talents
10. Atoken
atoken is easy to use, medium security and belongs to mobile wallet
atoken mobile digital currency wallet is light and safe, and supports 19 Currencies & Cross Chain swap. It aims to provide more convenient, more secure and more currency multi-dimensional services for the majority of digital currency users, and to build a leader in digital asset storage app.
2. The real virtual currency must be traded on the international trading platform and can be realized
3. The real virtual currency has open source code! Have your own independent wallet! Each coin has its own code and value
4. Real virtual currency can be mined by mining machine! It has its own specific algorithm
5. Real virtual currency can be exchanged with bitcoin and US dollar
6. Real virtual currencies can be exchanged!
P.S. the requirements of GitHub account for receiving ripple currency are as follows:
we're giving away 2020 XRP (as a contribution to tomorrow's ripple developer conference at money 2020) to GitHub account holders who have at least one public code writing activity before May 1, 2013, 00:00:00 UTC.
official announcement: https://ripple.com/blog/git-in-the-game-2020-xrp-giveaway-for-github-users/
I believe that people who have GitHub accounts and are eligible to receive them should easily find a way to receive them