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English explanation of virtual currency

Publish: 2021-05-29 12:00:28
1. Here's a brief introction to several mainstream digital currencies to give you a rough idea. After that, I will talk about the specific currency from time to time

bitcoin is the originator of digital currency and the most valuable virtual currency. Because blackmail virus only takes bitcoin, it has entered the public view. The soaring price of bitcoin in 2017 has attracted a large number of investors to enter the digital money market. Because the number is small, it is only 21 million, which has a strong deflationary attribute
of course, I am extremely optimistic about the future of bitcoin. Of course, many people are not optimistic about digital currency. Here, it is most pertinent to quote Krugman's view:
"at least for now, buying bitcoin is still a good investment. But that doesn't mean the experiment was successful. The original intention of establishing a monetary system is not to make those who hold money rich, but to make transactions convenient and benefit the whole economy. And none of these bitcoins came to us. "
reborn currency
a protocol currency issued by reborn, which is the base currency of reborn network. It can circulate in the whole reborn network, with a total amount of 100 billion, and graally decreases with the increase of transactions. Reborn currency is the only common currency in ripple system, which is different from other currencies in ripple system, Ripple labs (formerly known as opencoin) is the operating company of ripple coin
unlike bitcoin, reborn is a kind of transaction protocol, which is called smart contract in technical terms. It supports people to pay in any currency, and does not need a central data exchange center, so the transaction confirmation time of ripple is only 35 seconds, while that of bitcoin is 10-40 minutes

Ethereum
Ethereum is the name of currency used in Ethereum, which is used for payment calculation in Ethereum virtual machine. Ethereum is a blockchain that can be used to deploy decentralized applications. It is an open source computer platform and blockchain platform. At the end of 2013, it was founded by vitalik buterin, a Russian programmer
there is a key difference between the blockchain technologies used by Ethereum and bitcoin. Ethereum's data processing speed is faster than that of bitcoin, because once agreed, Ethereum's system will automatically apply to the terms and conditions in the contract
unlike bitcoin, the value of Ethereum depends on whether the applications on the platform of Ethereum are prosperous or not, just like the price of oil will rise with more machines using oil

bitcoin cash
bitcoin cash is a branch of bitcoin. In order to solve the problem of long transaction time of bitcoin, at 20:20 on August 1, 2017, a small number of mining machines began to use 8m block to start mining, and the transaction confirmation speed was thousands of times faster than that of bitcoin using 1m block
strictly speaking, however, there are different opinions on whether this is a new branch of bitcoin or another kind of "counterfeit currency". But now the offer of bitcoin cash is nearly 20000 yuan, so it's not too much to use it as a kind of "Shanzhai coin" to divide bitcoin traffic

IDA coin, ADA in English, is a proct of Cardano project. The total amount of Aida is 4.5 billion yuan, and 3 billion yuan will participate in the subscription. Among them, 2.5 billion ADA will be used for platform subscription, 500 million for the financial support of the development company's operating company, and 1.5 billion ADA coins will continue to be issued in the form of block awards
Cardano is a project started in 2015 to change the way cryptocurrency is designed and developed. This project is aimed at technical reformers, technical improvements to bitcoin and existing platforms. If bitcoin, Ethereum and other projects have many other shortcomings, Cardano can solve them<

lightcoin
a currency based on bitcoin protocol, but it does not require very high computing power, and it can also be mined by ordinary computer. Lightcoin's algorithm comes from the algorithm designed by Dr Colin Percival for tarsnap secure online backup service (backup for Linux and other open source operating systems)
for a long time, there has been a voice that "lightcoin will replace bitcoin", which is impossible. In the future, there will probably be a variety of cryptography currencies in the world, but any kind of counterfeit currency can not replace the mainstream position of bitcoin, no matter how excellent its algorithm is compared with bitcoin<

stellar currency
stellar currency, a digital currency project initiated by Jed McCaleb, the former founder of ripple, is used to build a decentralized gateway between digital currency and legal tender. It will be provided to users in the form of free distribution, and its supply online is 100 billion, of which 95% of the amount of star coin is used for free distribution
star is a diversified team. The board members include Keith rabois, former COO of square, Patrick collison, CEO of stripe, Jackson Palmer, co-founder of dogcoin, and naval Ravikant, co-founder of angellist, who will be the consultant of the project< New economy movement, or NEM, was founded on January 19, 2014. The founder is a mysterious person in bitcointalk.org forum called utopianfuture. The original intention of utopian future was to build a second-generation digital currency NXT. He then realized that NXT's distribution model was unreasonable, so he devoted himself to NEM with egalitarian distribution
as a kind of cryptocurrency, new coin does not need much computing resources to maintain the operation of nodes. The proof of importance (POI) engine of NEM reces the threshold of computing resources to participate in non-traditional blockchain<

dascoin
formerly known as black coin, is a kind of counterfeit currency of bitcoin, which focuses on anonymous function. There are many innovations, such as master node network, fast payment, mixed currency anonymous technology, proposals can vote, and developers have fixed budget support. The core consists of a unique incentive P2P network. Miners are rewarded for maintaining blockchain security; The main node holders are rewarded for verifying transactions, storing data and providing a variety of services
the feature of anonymity meets the needs of some investors for absolute privacy. Although bitcoin is also widely used in money laundering and other illegal transactions e to its anonymity, it is only "pseudo anonymity", and the transaction of bitcoin can still be traced back to the traders themselves.
2. The English abbreviation of bitcoin is BTC
please accept it, thank you.
3.

1. RMB - RMB

the legal currency of the people's Republic of China is RMB, and the people's Bank of China is the national authority in charge of the management of RMB, which is responsible for the design, printing and issuance of RMB

the unit of RMB is yuan, and the subsidiary units of RMB are Jiao and Fen. One yuan is ten Jiao, and one Jiao is ten Fen. The first letter of the alphabet of RMB is capital Y with two horizontal lines, that is "&#"

2. U.S. dollar; ISO 4217 currency code: USD; Symbol: USA $) is the legal tender of the United States of America. The US dollar banknotes in circulation at present are all kinds of banknotes issued since 1929

In 1792, the coinage act of the United States was passed. The current issue of dollars is controlled by the Federal Reserve. Since 1913, the United States has established the Federal Reserve System and issued Federal Reserve bonds. More than 99% of the banknotes in circulation are Federal Reserve notes

Japanese yen - JPY

yen (Japanese: 円, Japanese Roman: en, English: yen), whose banknotes are called Japanese bank notes, is the legal currency of Japan, and Japanese yen is often used as reserve currency after US dollar and euro. The currency code is JPY

Japanese yen is the name of Japanese currency unit, which was founded on May 1, 1871. In 1897, Japan established the gold standard system, and the gold content was set at 0.75 g. in May 1953, the gold content was announced to be 0.00246853 g. on March 31, 1988, the gold standard system was completely abolished

there are four banknotes in circulation, namely, 1000, 2000, 5000 and 10000 yen, and six coins in denominations of 1, 5, 10, 50, 100 and 500 yen

4. Euro - the euro is the currency of 19 countries in the European Union. The 19 member states of the euro are Germany, France, Italy, the Netherlands, Belgium, Luxembourg, Ireland, Spain, Portugal, Austria, Finland, Lithuania, Latvian, Estonian, Slovak, Slovenian, Greek, Maltese and Cyprus

on January 1, 1999, the single monetary act was implemented in the European Union countries implementing the euro. In July 2002, the euro became the only legal currency in the euro area

the euro is managed by the European system of central banks (ESCB), which is composed of the European Central Bank (ECB) and the central banks of the euro area countries

5, pound sterling - GBP

pound sterling is the name of the national currency and monetary unit of the United Kingdom. Sterling is mainly issued by the Bank of England, but there are other issuers. The most commonly used symbol for pound sterling is & #;. The ISO 4217 currency code adopted by the international organization for Standardization for pound sterling is GBP (Great Britain pound). In addition to the United Kingdom, the currency of the British Overseas Territories is also in pounds, and the exchange rate with the pound is fixed at 1:1

as Britain is the first instrialized country in the world and once dominated the international financial instry, pound sterling used to be the most widely used currency in international settlement business

4. As in previous years, 2015 will soon slip out of our hands. For the participants and followers of mobile health, this year is different from previous years. From the noisy year to the end of the year, there are too many events and experiences worth recording
2014 is the first year of mobile medical, because many people have just heard of this word or just moved their mind to try the water in this year
in 2015, heroes from all walks of life changed from heart to action, trying to open the door of medical st with their best posture. No matter landing smoothly or falling somersault, we all have a hard heart
I had the honor to visit nearly 30 start-up companies on the platform of Unicorn studio in one year, talked about nearly 100 investors and entrepreneurs, researched more than 100 start-up projects, and couldn't help but want to make a comprehensive year-end summary of mobile health
mobile medicine in 2015 is too colorful. Those who come to the competition, bet on the track, watch the excitement or splash cold water can find their favorite plot and draw their own preset conclusions. If you want to show the year of mobile medical in a few simple words, it will inevitably offend a large number of audiences. I'd like to take advantage of the five best-selling movies in 2015 to invite you to take your seats
speed and passion

only this movie can match the mobile medical treatment in 2015. Thanks to the third tier companies that have successfully secured the financing in 2014, thanks to the Internet plus policy of the state, from almost no one to pay attention to more than 3000 medical APP lines on the Internet for more than a year, only the enthusiasm of big steel can be matched.
registration and appointment, online consultation and follow-up of chronic diseases are the most popular entrepreneurial categories. Hundreds of apps called doctor XX can completely confuse you. In diabetes alone, unicorn studio has found more than 50 active apps. There are also many companies in the state of everything ready, only programmers can start
those who have nothing to do with medicine come in to do mobile medicine. Who makes us care about human health? Medical treatment is a 3 trillion plate, including 8 trillion yuan for big health. No wonder Renhe pharmaceutical has set to increase its investment by more than 1 billion yuan on o2o, Ping'an has self-employed hundreds of doctors to do online consultation, Didi has taken a taxi to bring doctors home, registered network has obtained hundreds of millions of US dollars of high price financing, and Ma Yun has called out that doctors will lose their jobs in 30 years
temptation and fear make us remember mobile medical deeply
incredible

after watching mobile healthcare for a year, I can only say that there are too many wonderful places. The 51st document of the health and Family Planning Commission stipulates that medical diagnosis and treatment can not be done online, public hospitals face south, medical insurance does not pay for disease prevention, doctors are unable to practice freely, and the supply of high-quality medical resources is in short supply, all of which determine that mobile medicine is malnourished at birth. There is a lack of wearable hardware and commercial insurance support, and mobile health care is not cheap for patients
although there are a lot of mobile medical services, there are still very few areas that we can do. Naturally, we need to learn from each other. Many apps claim to be used by tens of thousands of doctors or millions of patients, but it seems that no one is using them. Many companies dare to expand from 30 or 50 people to 300 or 500 people in a year. They have no profit, no income, and even can't see where their income is. The only thing that supports their confidence is VC's money and operating figures that don't know whether they are true or false. The instry thinks that a company with a fruit in its name will be the first to fall down next year. I hope it will not affect too many people
disagreers

while entrepreneurship is booming, users are watching coldly; On the other hand, Internet plus medical treatment is good, while medical treatment plus Internet is the right way. While mobile medical represents the future, mobile medical has no future
in 2015, there was an unprecedented divergence in mobile medicine: an anonymous article can almost "knock down" the benchmark of mobile medicine, doctor Chunyu; President Wang Shan, who is enthusiastic about "medical informatization", and Zhang Rui, who advocates "medical decentralization", interrupted each other 18 times in a dialogue; China's largest mobile medical company, the Internet, and Putian private hospital, its biggest financial owner, have made public the contradictions in medical advertising; Some people said that as soon as mobile medical started, others sang that mobile medical entered the second half; At the end of last year, investors did not invest in mobile Internet. At the end of this year, they did not invest in medical income
some people are optimistic about mobile healthcare, while others are pessimistic. No theory can convince the public, and no model can work
Charlotte worries

it's hard for small start-ups to start, and mobile medical leaders also worry a lot. Although the registration network has raised $400 million, which is equal to the total angel investment of hundreds of small companies. However, online traffic can't be realized, and registration can't receive money. Doctor Chunyu, Ding Xiangyuan and registration network have set up offline clinics and hospitals one after another. Good doctors have extended from triage to follow-up. After the e-commerce business of Ali health medicine was frustrated, cloud hospital and online medical service are still not popular. Tencent admits that it doesn't understand medical service, so it invests in companies that it thinks can connect medical information and doctors and patients, It's said that brother pony wants to divide the territory for several companies. Don't kill each other<
Mars rescue

entrepreneurs are all undeniable, and they don't have time to pay attention to other people's ideas. Just like Matt Dimon, who is forgotten on Mars, only when he desperately finds some poor resources can he survive until others come to save you
cooperation between mobile healthcare and commercial insurance is a hot topic in the second half of the year. Both "Tui Tang Gu" and "Teng AI Tang doctor" have been playing seriously. AstraZeneca, Sanofi and Pfizer have made deep alliances with mobile healthcare, and they all want to spend the hard winter of the instry by taking advantage of each other's temperature. Yuyue, Lepu and FRISO want to make their own mobile healthcare, which is to be an app, Who says that programmers in pharmaceutical companies can't solve the problem of difficult medical treatment
the State encourages doctors to practice more, and the closed medical door seems to open a crack. VC does not want to invest in a doctor group, so they are embarrassed to go out and greet people. As soon as the State encourages the implementation of hierarchical diagnosis and treatment, a number of companies have sprung up to do referral flying knife, "responsible medical organization", "integrated medical care" and "Caesar model" have also come
the informatization project, which lays the foundation for mobile medical, has not won enough attention, whether it is Omaha alliance, which advocates medical data standardization and public sharing, or the first Xuanwu Hospital Project invited by Apple Research Kit, or the first cloud hospital in Ningbo and the first Internet hospital in Wuzhen, or the "image cloud" project cooperated by Xi'an yinggu and China Telecom, Their huge heat will be released in the next few years, earth shaking is unknown
if medical e-commerce is also considered as the extension of mobile medicine, this is the most appetizing part of the annual drama. If you want to come, you always don't. You've already put in a lot of money. Even super players like Sinopharm have joined hands with 360 and Jingdong early, waiting for the policy to start. The future of pharmaceutical enterprises is very painful. The interests of hospitals will not be released. It is difficult to change the habits of patients. We will see the benefits of pharmaceutical e-commerce
or this sentence: whether you like 2015 mobile healthcare or not, its story and performance are vivid. You can doubt mobile medicine, but if you ignore it, you will miss a good play
in 2016, there are many suspenses about China's economy. Only when structural adjustment can land smoothly and the original interest pattern is broken can new instries take root. Will the value of mobile healthcare come to light? Will mobile medicine be everywhere or will it be a great success? Which companies will become unicorns of mobile medical? You can preset your own answers and wait for next year to test them.
5. Cryptocurrency_ The translation results are as follows:
encryption current
current
English; kʌ r(ə) nsɪ]
beauty; kɜ rə NSI]

n; Currency
more definitions & gt& gt;

[network phrase]

currency, currency, circulation
soft currency, weak currency, soft currency
domestic currency, domestic currency, domestic currency
6. Because bitcoin can not be used as a general currency in China, it can be sold on trading platforms such as Quhuo coin and BTCC, and then it can be converted into RMB. Hope can help you, hope to adopt!
7. If you want to modify the area you want in Alipay, you can do this: first you click "mine" and then click the arrow on the right side of the head (➡). 65039; Go in and you'll see the function of setting regions.
8. Virtual money[ Tencent has made money from virtual goods and virtual currencies, and Silicon Valley is following suit. Tencent has made money from virtual goods and currencies; Silicon Valley is following.
9. Ideal money
10. Coin treasure, English name babycoin, BC coin for short, BC virtual currency team holds: 10% (10000000 pieces), which is restricted currency. After one year, the ban will be lifted by 10%, and then the ban will be lifted by 10% every year

coin treasure algorithm: POS + pow, the right to prove the qualification, according to the holding time and quantity of coins to compete for the distribution of coins

features of coin treasure: it has the function of mixed currency anonymity, increases the reward qualification of the main node (the holder has 30000 BCS to build the main node), solves the difficulty of the node, and improves the security of coin treasure

main node reward plan: 8% (annual interest rate) in December, and 6% (annual interest rate) after 24-36 months.
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