Icon virtual currency
ICO (abbreviated as initial coin offering) is the concept of initial public offering (IPO) derived from the stock market. It is the behavior of blockchain project to issue token for the first time and raise bitcoin, Ethereum and other general digital currencies
brief introction to ICO:
ICO is a blockchain instry term, which is a common way to raise funds for cryptocurrency / blockchain projects. Early participants can get the cryptocurrency generated initially as a return
because the token has market value, it can be converted into legal currency to support the development cost of the project. The tokens issued by ICO can be based on different blockchains. The common issue is based on Eth and BTS blockchain, which provides bookkeeping service and value consensus to realize global issue and circulation
ICO participants are very important for the success of a project. They will publicize the blockchain project in the community, so that the tokens generated by it can obtain liquidity before the transaction starts. However, the most important value of ICO participants is still the potential benefits brought by the project development or the price appreciation after the token issue
extended information:
domestic prohibition:
at 3:00 p.m. on September 4, 2017, the people's Bank of China led seven ministries and commissions, including the Information Office of the people's Bank of China, the Ministry of instry and information technology, the State Administration for Instry and commerce, the China Banking Regulatory Commission, the China Securities Regulatory Commission and the China Insurance Regulatory Commission, to issue the announcement on preventing the financing risk of token issuance (hereinafter referred to as the announcement)
the announcement points out that token issuance financing is essentially an unauthorized illegal public financing behavior, which requires that all kinds of token issuance financing activities should be stopped immediately from the date of the announcement, and at the same time, organizations and indivials who have completed token issuance financing should make arrangements such as refund
Cryptocurrency is not a tangible currency that can be carried with you, but a digital asset that can be exchanged“ The "encryption" part comes from using encryption technology for security and authentication ring a transaction
when using cryptocurrency for exchange instead of legal tender, crypto owners do not have to rely on banks to facilitate transactions, and can successfully avoid the costs of using financial institutions
generally, cryptocurrency transactions are processed and completed through the blockchain network. The blockchain is designed to be decentralized, so each computer connected to the network must successfully confirm the transaction before it can process it. Ideally, this would create a more secure transaction for all involved. It can also cause you to wait for a while; One of the big complaints about bitcoin is how long it takes to complete the transaction
domestic cryptocurrencies include bitcoin, Ethernet, Leyte and e-dinarcoin
extended data:
bitcoin: the concept of bitcoin was first proposed by Nakamoto in 2009. It is a P2P form of digital currency. Bitcoin is generated through a large number of calculations according to specific algorithms. Bitcoin economy uses the distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, And the use of cryptography design to ensure the security of all aspects of money circulation
ether coin: ether coin (a digital token of Ethereum, regarded as "bitcoin version 2.0"), can be bought and sold on the trading platform
lightcoin: lightcoin is a kind of network currency based on "point-to-point" technology, which can help users pay to anyone in the world immediately. At present, it is the second virtual currency after bitcoin's global circulation market value
reference materials:
network cryptocurrency
RMB: &
US dollar: $
Euro: &
Brazilian real: R $
Bulgarian Lev symbol: лв
British Pound: £
Singapore Dollar: S $
Japanese Yen: J ¥
Argentine Peso: ARS $
Vietnamese Dong: &
¤( Li Yuan (big Li TianChao international currency, sub currency 100 Li Fen (cent) = 1 Li Yuan, international currency rate is 70% of the U.S. dollar)
& #3647; Thai baht symbol
BS Venezuela Bolivar and boliviano symbol
br Belarusian ruble, Belarusian currency symbol
&8373; Ghana CEDI, the currency symbol of Ghana; The symbol of the U.S. dollar and some other monetary auxiliary units is
& ᦇ 8353; Koran symbol (used in Costa Rica and El Salvador)
& #8363; Vietnamese Dong symbol
& #8364; The symbol of euro is used in euro area countries, some small non European countries, Montenegro and Kosovo
ƒ Aruba florin, the currency symbol of Aruba. It was also used as a symbol for the Dutch shield
ft Hungarian Forint
rs; Guarani, Paraguay, the currency symbol of Paraguay; The currency symbol of Laos, kip, Kr, can represent Danish krona, Norwegian krona, Swedish Krona and Icelandic krona; It can be divided into three parts: 1; Lira (possibly confused with pound)
LM Maltese lira, currency symbol of the Republic of Malta; Text (meaning one thousandth of a dollar or one tenth of a dollar)
& T; 8358; Nigerian naira, the currency symbol of Nigeria; Philippines pesos, Philippines's currency symbol
P Botswana PRA, Botswana's currency symbol
Q Guatemala char, Guatemala's currency symbol
R, South African rand, South Africa's currency symbol
Sk Slovakia kronor, Slovakia's currency symbol
Rp, Indonesian shield, Indonesia's monetary symbol
৲ 2547; Rupee symbol (used in Bangladesh)
R $real, Brazil's currency symbol
s /, Peru's new SOL $Dollar Symbol (used in the United States, Australia, New Zealand, Hong Kong, etc; This symbol is also used by various pesos and former escudos of Portugal and Cape Verde. This symbol sometimes has two vertical lines)
"Kazakhstan tenge, Kazakhstan's currency symbol
&8366; Tugrik, the currency symbol of Mongolia; Currency symbol of Korean won / Korean won; Currency symbol of RMB
nt and currency symbol of NT
Z & #; Zloty, Poland, the currency symbol of Poland
& #8372; Hryvnia, the currency symbol of Ukraine; Israeli new Shek symbol
& #6107; The currency symbol of Cambodia is
& ᦇ 65020; Iranian Riyal, Iranian currency symbol
руб Russian Ruble; Euro currency symbol
$dollar currency symbol
there are two main reasons why user experience optimization is listed separately. First, LBTC wants to build an excellent peer-to-peer e-cash system. Its basic idea is to put payment experience and user first, so it puts it at a high level, such as cross platform light wallet, accelerating payment confirmation speed, optimizing irreversible block mechanism, etc. Second, LBTC has always emphasized superior chain governance system. Before that, there was a standardized SGS (spark governance system) governance system, but it still needs to constantly improve the relevant mechanisms. For example, we should greatly optimize the node parameters and election mechanism, establish the LBTC foundation, multi-channel proposal process, and light wallet's support for the governance function on the chain.
if you want to do gold and silver T + D, it's best to go to CCB, postal bank, Shanghai Pudong Development Bank, Minsheng Bank or Ping An Bank to do online banking. You can log in online banking at home to open gold and silver T + D, but you can enter our organization number when opening, Transaction fees can be reced (at least 4% of 10000, and the average position is free), at the same time, provide market trading guidance, want to do a good job in gold and silver T + D: judging the direction of the price trend, mentality and low fees are the most critical! The price of gold and silver is most affected by European and American economic indicators and international turmoil events (such as European and American unemployment rate, interest rate, inflation rate, turmoil, war, etc.), so we should pay attention to the international news, and then comprehensively analyze the price trend in combination with technical aspects. I have been doing this since 2009, and now I can better grasp the market trend! Hope to adopt