Comparison of three virtual currencies

1.

what is digital currency

digital currency can be used to describe all electronic currencies, including virtual currency and cryptocurrency. Digital currency is a kind of electronic currency without any physical form. Because of its functions and inherent attributes, it is the same as the standard illegal fixed currency, and can also be referred to as the network version of cash. Digital currency is invisible. People need to use and hold it through devices that can be connected to a specific network

T1: eth (the first public chain at present, the underlying platform of Shanzhai coin breeding, and in the speculation of eth2.0) EOS (community consensus + DAPP possible explosion + defi can also join + drop out of high cost performance) Zec (anonymous leader)

T2: Yas (UBI concept, low market value, great potential) atom (cosmos, advantage new public chain), XRP (the decline in 2019 has not risen, so the upward space is still very large) Polkadot dot (Boca, the goal is to surpass Ethereum) KSM (Boca pioneer)

T3: Ada (potential) NEO (myth of 1000 times of the last bull market), ont (strong village), Iost (Iost is currently undervalued, DAPP is also in good development)

there are platform coins in the coin circle, corresponding to HT, BNB, MX

2.

1、 Different definitions:

1. Virtual currency:

virtual currency refers to non real currency

Digital currency:

digital currency is an alternative currency in the form of electronic currency. Both digital gold coin and cryptocurrency belong to digiccy

3. Cryptocurrency:

cryptocurrency is a kind of transaction medium that uses cryptography principles to ensure transaction security and control the creation of transaction units

4. Token (token):

a kind of article whose shape and size are similar to currency, but the scope of use is limited and has no currency effect, and its token is the homonym of token in English

Second, the characteristics are different:

1; It can also be said that virtual currency is personalized currency. In another way, it can also be called information currency

2. Digital currency:

is an unregulated and digital currency, which is usually issued and managed by developers and accepted and used by members of specific virtual communities

Cryptocurrency:

cryptocurrency is based on the decentralized consensus mechanism, which is opposite to the banking and financial system relying on the centralized regulatory system

4. Token (token):

usually needs to be exchanged for money, used in shops, playgrounds, mass transportation and other places, as a voucher to use services and exchange goods

extended data

at present, digital currency is more like an investment proct, because it lacks a strong guarantee agency to maintain its price stability, and its role as a value measure has not yet appeared, so it can not be used as a means of payment. As an investment proct, digital currency cannot develop without trading platform, operating company and investment company

digital currency is a double-edged sword. On the one hand, the blockchain technology it relies on has been decentralized and can be used in other fields except digital currency, which is one of the reasons why bitcoin is popular; On the other hand, if digital currency is widely used by the public as a kind of currency, it will have a huge impact on the effectiveness of monetary policy, financial infrastructure, financial market and financial stability

3. Virtual currency refers to non real currency. Well known virtual currencies, such as online currency of Internet company, q-coin of Tencent company, q-point and voucher of Shanda company, micro currency launched by Sina (used for micro games, Sina reading, etc.), chivalrous Yuanbao (used for chivalrous road game), silver grain (used for bixue Qingtian game), and popular digital currencies in 2013 include bitcoin, Laite coin, infinite coin, quark coin, zeta coin, etc Barbecue coins, pennies (Internet), invisible gold bars, red coins, prime coins. 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"
according to the notice and announcement issued by the people's Bank of China and other departments, virtual currency is not issued by the monetary authority, does not have legal compensation and mandatory monetary attributes, is not a real currency, does not have the same legal status as currency, cannot and should not be used as currency in the market, and citizens' investment and transaction of virtual currency are not protected by law
response time: December 10, 2020. Please refer to the official website of Ping An Bank for the latest business changes
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4. At present, the more reliable are bitcoin, Wright coin, Fuyuan coin, doggy coin, reborn coin and so on

bitcoin is a consensus network, contributing to a new payment system and a fully digital currency. It is the first decentralized peer-to-peer payment network, which is controlled by its users without a central management organization or middleman. From the user's point of view, bitcoin is much like Internet cash. Bitcoin can also be regarded as the most outstanding three style bookkeeping system. Old brand cryptocurrency, the ancestor of cryptocurrency<

Fuyuan coin, a new generation of cryptocurrency for application business circle, is a decentralized cryptocurrency, which is generated in the proct operation and circulation of member enterprises of global Jewelry Instry Association (similar to business points). Users can obtain certain Fuyuan coin when purchasing jewelry procts of member enterprises, and Fuyuan coin can be used for shopping in member cooperative businesses, You can also trade freely on the Fuyuan currency trading platform.

5.

Virtual currency wallets and local wallets are wallets specially used to store virtual currency

difference: local wallets are installed on their own computers or mobile phones, while online wallets encrypt the private key and put it on the server

personal computers may be implanted with Trojans; The wallet server also has the risk of being attacked by hackers, and the encrypted private key is cracked. Server security is better than personal computers, but it is easier to attract hackers' attention

< H2 > extended data:

virtual currency Wallet:

there are three main types: Online wallet, client wallet (mobile client, computer client) and hard wallet

1. Online Wallet: it refers to the operation of virtual currency relative to wallet by users in the form of network; The main form is website, which users can visit through computer and mobile phone

2. Client Wallet: it is an installation software, which needs to be downloaded to the computer or mobile phone, and can only be used after installation; This is the type of mobile app wallet that I just mentioned

3. Hard Wallet: it is similar to the wallet in the form of U disk, which is a real type of wallet

local Wallet:

the English name of local wallet is local wallet. Local wallet is to store private key and transaction data in local terminal, such as computer, mobile phone or other local devices; It refers to the storage location of the key, and its concept is independent of online wallet and offline wallet

the English name of local wallet is local wallet. It is one of the terms related to bitcoin wallet in blockchain. Local wallet is to store private key and transaction data in local terminal, such as computer, mobile phone or other local devices; Local wallet refers to the storage location of key, which is independent of online wallet and offline wallet

the local wallet is installed on your own computer or mobile phone, while the online wallet is encrypted and put on the server. Personal computers may be implanted with Trojans. Hackers may steal your wallet files and record your wallet password; The wallet server may also be attacked by hackers, and the encrypted private key may be cracked. Server security protection is better than personal computers, but it is also easier to attract hackers' attention. In terms of security, I think these two types of wallets are similar

to enhance the security of local wallet and online wallet, it's better to set a more complex password, and don't forget it. Both local wallet and online wallet are easy to use and easy to use. Because online wallet is not limited by clients, it is easier to use than local wallet. Bitcoin core, Bitai wallet and bitpai wallet all belong to this category

local Wallet_ Network

6. There is no credible virtual currency,
even bitcoin is difficult to say,
private virtual currency has no legal support in China,
General countries strictly control the law,
this kind of virtual currency is likely to plummet in price.

7. Great Wall coin, a virtual currency, has almost any relevant information at present. Whether it can be traded on the trading platform is unknown. However, similar domestic currency is mostly MLM currency. Before the popularity of the JPMorgan money, under the guise of JPMorgan Chase to carry out false publicity, Guangcai money is under the guise of charity publicity, and ultimately proved to be a fraud. If you don't understand digital cryptocurrency, don't play it. If you want to play it, learn about bitcoin, Ruitai and other mainstream digital cryptocurrencies
Great Wall coins generally refer to commemorative coins. Great Wall coin can be regarded as the originator of current coins and commemorative coins in contemporary China, and it can also be called trial coin. Great Wall currency includes: 1 jiao, 2 jiao, 5 jiao and 1 yuan. The Great Wall coins were issued for seven years (1980-1986), of which only four years (1980, 1981, 1983, 1985) were issued to the public, and only three years (1980, 1981, 1983) were issued to the public.

8. 1. Gold standard is the monetary system based on gold. Under the gold standard, the value of each unit of money is equal to several weights of gold (that is, the gold content of money). When different countries use the gold standard, the exchange rate between countries is determined by the mint parity, the ratio of gold content of their respective currencies
2. Silver standard is a monetary system with silver as the standard currency. The basic characteristics are similar to the gold standard, that is, the legal standard currency is equal to a certain amount of silver. China adopted the silver standard from 1910 to 1935. Since the 1930s, no country in the world has adopted the silver standard
3. Gold and silver bimetallism is a kind of standard system, which was adopted for a long time by Britain, the United States, France and other countries in the 18th-19th century. Under this system, gold and silver are used as the materials of standard currency at the same time. Both gold and silver have unlimited legal compensation ability, and they can be freely cast, circulated, exported and imported. Gold and silver coins are freely convertible. The emergence of this system makes up for the problem that the output of gold can not meet the market demand.