What does eth virtual currency mean
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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
They are:
bitcoin
the concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's ideas, the 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
bitcoin cash
bitcoin cash is a new version of bitcoin with different configurations launched by a small number of bitcoin developers
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"
Eth is a kind of digital token of Ethereum,
developers need to pay eth to support the application
like other digital currencies, ether currency can be traded on the trading platform
generally speaking, Ethereum is an open source platform, digital currency and blockchain platform,
it provides developers with a platform to build and publish applications on blockchain
Ethereum can be used to program, distribute, guarantee and trade anything, including voting, domain names, financial exchanges, crowdfunding, corporate management, contracts and most of the agreements, intellectual property, and smart assets that benefit from hardware integration
at present, China bitcoin trading platform (chbtc) has opened the Ethernet currency trading function,
supports eth / CNY trading and eth three times leverage, supports interest free lending, and the handling charge is as low as 0 yuan
Ether coin
related introction:
eth is a kind of digital token of Ethereum, which is regarded as "bitcoin version 2.0", and uses the blockchain technology "Ethereum" different from bitcoin
The system ofEthernet coin is the most widely used public blockchain system supporting complete application development. Compared with bitcoin, Ethereum belongs to the category of blockchain 2.0, which is a new blockchain system designed to solve some problems of bitcoin network
extended data
related background:
the emergence of Ethereum is to help users more easily use blockchain technology for application design. According to BARTLIN, the purpose of Ethereum is to create a more general blockchain platform, which can allow users to easily create blockchain based applications and avoid users having to build a blockchain in order to create a new application
generally speaking, the previous blockchain was only a single tool or at most a combination of multi-functional tools, while Ethereum is the smartphone of blockchain, and users can use the smartphone to build any "application" they need. Therefore, BARTLIN said that the application of blockchain is not limited to cryptocurrency. It has great potential and can be applied to all walks of life. It can bring significant benefits to enterprises and organizations of all sizes
source of reference: Internet - Ethernet currency
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