Token and virtual currency

1.

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

2. Generally speaking, virtual currency is equal to encrypted digital currency
in fact, virtual currency covers a wider range, including not only q-coin, y-coin and various game coins, but also bitcoin, Leyte coin, doggy coin, ether coin, Ruitai coin and tokens of different crowdfunding projects launched by European crowdfunding platform
cryptocurrency specifically refers to bitcoin, Leyte coin, dogcoin, ether coin, Ruitai coin and the tokens of different crowdfunding projects launched by European crowdfunding platform.

3. It's all the same. It can be called virtual currency.

4. Virtual currency refers to the currency that does not exist in reality and exists in a virtual state, such as bitcoin, lightcoin, Ethereum and so on; Token refers to the form of money that can be used as a monetary function and can be used to purchase goods
virtual currency can be used for shopping transactions in certain situations, such as in some places abroad; At this time, it counts as a token and plays the role of currency
but token, such as the shopping card voucher printed by the company itself, can be used for the internal consumption of the company. To some extent, it is equivalent to token; However, it is not a virtual currency
that is to say, virtual currency may be token; But token is not necessarily a virtual currency.

5. Bitcoin is an electronic currency proced by open source P2P software. Digital currency is a kind of network virtual currency. Bitcoin is also paraphrased as "bitcoin.". Short for: BTC Coucet. Asia)
bitcoin does not rely on specific currency institutions to issue. It is generated through a large number of calculations of specific algorithms. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction
bitcoin is very similar to cash
the advantages of bitcoin are: no freezing, no tracking, no taxes, and extremely low transaction costs. Compared with people who speculate in currency, it is wealth, and people outside the currency circle may think it is a fraud
bitcoin, Ethereum, bitcash, EOS, REBO, etc. are the mainstream digital currencies, which can be properly invested. All transactions are risky, so be cautious. You can search online for fire coin, coin security, OK, dobby trading platform, etc

6. Basic characteristics of enterprise currency (collectively referred to as Shanzhai currency):
enterprise currency can be issued in unlimited quantity without any external regulatory mechanism! There is no limit to the supply of money. If a grafted investment project exceeds demand, it is easy to meet the bubble.
enterprise currency can only be circulated internally, and can't connect with the globally recognized third-party digital asset exchange. When the enterprise is in, the currency will exist, and when the enterprise disappears, the currency will disappear< Basic characteristics of crypto digital currency:
it does not belong to any indivial or enterprise, the total amount is limited, it can not be tampered with, it is decentralized, it is subject to public supervision, and it has no national boundaries
one of the obvious characteristics of encrypted digital assets is to send and receive assets through the public key address (wallet address):
open source encrypted digital currency circulates around the world and can be freely traded on the global third-party digital assets exchange. As long as the Internet exists, its value will never disappear
Network golden point is a digital encryption asset based on network data blockchain technology, which is limited in total amount, decentralized, easy to use, and can be exchanged for more than ten kinds of legal currency globally
1. EGD is not money, but legal and freely traded assets recognized by various countries. It can only be converted into legal tender before consumption, so it does not affect the circulation of legal tender
2. Money has three functions: transaction medium, pricing unit and value storage. Many Internet virtual currencies aim to replace legal tender and US dollar, and want to become the global currency. But EGD does not have the function of transaction medium and valuation unit, only the function of value storage. Therefore, network gold points are not virtual currency and digital currency, but encrypted digital assets.

7. Virtual currency is not real. It can be real. Virtual currency can be called token, but not all of them are virtual currency, because the meaning range of token is larger than that of virtual currency. If you want to know about virtual currency, you can get to know about it everyday.

8. The application scope of online token is generally limited to the consumer items of the issuing company, such as q-coin, which can only purchase value-added services (such as red diamond and yellow diamond) and online game consumption (such as flying car and dazzling dance) under Tencent
at present, virtual currency only has the value of speculation and collection, and there are not many real instries that accept virtual currency payment