Twitter virtual currency
Bitcoin (bitcoin: bitcoin) is a kind of network virtual currency, which can buy real-life goods. It is characterized by decentralization, anonymity, and can only be used in the digital world. It does not belong to any country or financial institution, and is not subject to geographical restrictions. It can be exchanged anywhere in the world. Therefore, it is used as a money laundering tool by some criminals. In 2013, the U.S. government recognized the legal status of bitcoin, making the price of bitcoin soar. In China, on November 19, 2013, a bitcoin was equivalent to 6989 yuan
Yfi is the token of year.finance. Year.finance is an aggregator for mobile mining (hereinafter referred to as "yfi" for ease of reading). There are compound, AAVE, lend, curve and other ore pools in the market. Due to information asymmetry and other factors, there is a huge difference in the rate of return between these ore pools. Users can automatically access high-yield ore pools through yfi platform to maximize mining income
on July 17, 2020, yfi announced on twitter that its official website was officially launched to start liquidity mining. Yfi launched four ore pools in the first batch, and users can participate in mining by providing affordability in balaner, with the highest annual income of more than 700%. Due to the super high yield, yfi has attracted a large number of users to participate. In just a few days, the amount of locked positions exceeded 100 million US dollars
extended information:
yfi issued 30000 pieces in total, the team had no reservation, no private placement, no public offering, and all of them were proced by mining. In other words, yfi issued only a limited amount, and all yfi participants were in the same line. It is a completely decentralized cryptocurrency, which is very similar to bitcoin. Therefore, as soon as yfi went online, it encountered crazy speculation
on July 17, 2020, yfi liquidity mining price is only 3 US dollars; The next day, yfi soared to $400
on August 20, 2020, the price of yfi exceeded US $13000 for the first time, surpassing bitcoin and becoming the new "king of money"
the concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's ideas, open source software was designed and released, and P2P network was built on it. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system
unlike most currencies, bitcoin does not rely on specific currency institutions. It is generated by a large number of calculations based on specific algorithms. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design to ensure the security of all aspects of currency circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. The biggest difference between bitcoin and other virtual currencies is that the total amount of bitcoin is very limited and it has a strong scarcity. The monetary system used to have no more than 10.5 million in four years, after which the total number will be permanently limited to 21 million.
this means that musk has begun to buy bitcoin publicly. As a matter of fact, he has been looking at it very much recently, musk changed its profile to bitcoin on its social platform. Although musk didn't explain it too much, it has reflected Musk's support for bitcoin market. After musk changed his profile, the price of bitcoin rose by US $6000 in a short time, breaking through the price of US $38000. According to media reports, a user has bought a lot of bitcoin on the network platform in the past week. The recent growth of bitcoin market is mainly e to the user's substantial purchase. Although the user has not disclosed his real identity, many people speculate that the person who bought a lot of bitcoin is Tesla founder musk
this tweet is the first in history to be issued as a non-homogeneous token (NFT), which is simply cryptocurrency. With the explosion of cryptocurrency in the world this year, people all over the world are speculation cryptocurrency, bitcoin is also a kind of cryptocurrency. So the tweet sold for $2.9 million what is NFT as the pillar of digital currency, bitcoin needs no more introction, it is a homogeneous cryptocurrency . The concept of NFT comes from this. it is also a digital currency based on blockchain technology , but compared with bitcoin's indifference and interchangeability, every NFT is unique . For example, there is only one tweet sent by Jack Dorsey at 4:50 on March 22, 2006 in the world. After making it as an NFT, except for itself, There is no absolute equivalent. In the Internet age, everything can be copied and pasted to countless copies, while NFT creates an artificial scarcity and gains value through this scarcity. In other words, NFT includes not only the work itself, but also the creator authentication information that cannot be forged, which is slightly similar to the autograph . What the buyer purchases is not the right or the right to use the work, but the ability to prove & lt; I did buy such a thing & quot; Digital voucher for{ RRRRR}
Compared with bitcoin's prestige, although the rise of the value of ether currency is more terrible than that at the beginning of the year, its reputation and market scale are still inferior to bitcoin. Peter szilagyi, director of bitcoin development team, brought the data of Ethernet network nodes to Google Earth to tell you clearly how Ethernet will dominate the digital currency world in the future
in the two years since its birth, Ethereum has rapidly occupied the rich countries or regions in the world
if we compare the richer regions in the world, such as Europe and North America, with the poorer regions in Asia and South America, & quot; In an email interview with CNBC, szilagyi wrote: & lt; You will find that the density of active nodes is related to the transportation convenience, instrialization and affluence of the region. In my opinion, this correlation is e to the relatively concentrated resources required for the full operation of Ethereum& rdquo;
on April 1, Beijing time, Elon & middot, CEO of Tesla; Elon Musk tweeted that space X would bring a dogecoin to the moon. Affected by the news, as of press release, the dog currency rose to more than 14%
what is dog coin
dogecoin is called & lt; Dog Coin / Dog Coin;, Born on December 8, 2013, based on the crypt algorithm, it is the second largest virtual currency in the world after bitcoin in terms of the number of users. Digital currency is a global currency initiated by non-governmental organizations. It does not belong to a certain country, but belongs to all mankind. It has the advantages of fast global transfer speed. For example, money can be remitted from China to the United States in a few seconds, and the cost is low, and the total amount will not be increased at will like legal money, so the total amount is relatively stable{ RRRRR}