Virtual currency of private placement

1.

Some virtual currencies are illegal in China. Chinese laws prohibit virtual currencies. The only legal currency in China is RMB. Since the people's Republic of China issued RMB, it has lasted 71 years. With the development of economic construction and the needs of people's life, it has graally improved and improved. So far, it has issued five sets of RMB, forming a multi variety and multi series monetary system of paper money and metal money, ordinary commemorative money and precious metal commemorative money

except for 1,2,5 fen coins, the first, second and third sets of RMB have been withdrawn from circulation, and the fourth set of RMB has been suspended from circulation since May 1, 2018 (except 1 jiao, 5 jiao notes and 5 jiao, 1 yuan coins). The current circulation of RMB is mainly the fifth set of RMB issued in 1999

< H2 > extended information

the people's Bank of China is scheled to issue the fifth set of RMB 50 yuan, 20 yuan, 10 yuan, 1 yuan banknotes and 1 yuan, 5 jiao, 1 jiao coins of the 2019 edition from August 30, 2019. The fifth set of RMB inherits the traditional experience of China's printing technology and draws lessons from the advanced technology of foreign banknote design, which has greatly improved its anti-counterfeiting performance and currency processing modernization

Chairman Mao Zedong's head portrait in the early days of the founding of the people's Republic of China is used on the front of each denomination currency, the famous Chinese flower pattern is used on the bottom, and the main scenery pattern on the back fully shows China's long history and magnificent mountains and rivers, and carries forward China's great national culture by selecting representative patterns with national characteristics

2.

Background: the financial application of blockchain technology brings high investment value

2018 China international big data instry Expo opened in Guiyang City, Guizhou Province on the 26th. At the meeting, it was pointed out that China will vigorously develop the digital economy in the future, deeply implement the action plan for the development of big data and cloud computing, and deeply study blockchain technology and application. Especially in the field of finance, the landing application has become the focus of the scientific and financial circles

1. The value source of blockchain is that it can perfectly solve the pain points of the current financial instry:

in today's asset securitization, insurance, supply chain finance, commodity trading, asset custody and other financial scenarios, e to many participants, high cost of credit evaluation, low settlement efficiency of intermediary institutions and other reasons, Traditional financial service methods are difficult to effectively solve the long-standing core pain points in the instry, such as information asymmetry, complex and rendant processes, and high information verification cost

2. Why can blockchain solve the above pain points:

blockchain technology integrates many basic technologies, such as distributed accounting, tamper proof, built-in contract, etc., and constructs a trust building mechanism with lower cost. The financial application based on blockchain technology can realize the ability of all market participants to obtain all transaction information and asset ownership records in the market without discrimination, and effectively solve the problem of information asymmetry; Smart contract embedding reces the error rate of payment and settlement, simplifies the process and improves efficiency; At the same time, based on transparent information and brand-new trust mechanism, there is no need to spend manpower, material resources and financial resources to confirm information among participants, which will greatly rece the trust cost between institutions, and then rece the price of financial services and transaction costs

3. The application of blockchain technology in the financial field mainly includes the following aspects:

① digital currency

among which bitcoin is the most famous. On the basis of bitcoin, a large number of other types of decentralized digital currencies have been derived. Such as: the heyday of bits

Compared with the traditional payment system, blockchain payment can directly carry out end-to-end payment for both parties without the help of the banking system, which can greatly improve the speed and rece the cost

③ digital bills

④ bank credit management: the advantage of blockchain is that it can rely on program algorithm to automatically record credit related information and store it on every computer in the blockchain network, with transparent information, tamper proof and low cost

The major financial institutions and exchanges in Europe and the United States have explored the application research of building the next generation of financial asset trading platform based on blockchain technology

4. The development prospect of blockchain. The future development of blockchain technology will have the most vitality with alliance chain as the entry point, and will have a significant effect and far-reaching impact on the transformation of traditional financial instry pain points

in response to the good investment prospects of blockchain, domestic enterprises such as Alibaba, Jingdong and Netcom have entered the market. The application of financial scenarios based on blockchain technology not only brings us security and convenience, but also provides us with broader investment space. The rise and price surge of digital currency represented by bitcoin (bitcoin was about RMB 20 cents when it was first listed in 2009, and its current price is about US $7300!) It's the best proof that people with a keen sense of smell have made a lot of money from it

Abstract: This is an encrypted digital currency based on the bitcoin developed by Nakamoto Tsung, which improves and adds many new functions, such as the double-layer reward system network, also known as the main node network. It also includes anonymous payment to improve the interchangeability (bitage) and real-time payment function docking to realize real-time transaction confirmation without relying on the authority of the center (P2P mall)

In 2009, Nakamoto put forward the concept of bitcoin. Since then, bitcoin has spread rapidly in mainstream applications and commercial uses, becoming the first digital currency to attract a large number of users, which is a milestone in the history of digital currency. However, from the perspective of completing the transaction, we can find an important problem, that is, it takes too long for bitcoin block to confirm the transaction. Traditional payment companies have found a solution to enable the buyer and the seller to realize zero confirmation of bitcoin transaction, but this solution usually requires a trusted third party to complete the transaction outside the agreement

bitcoin provides pseudonym transaction, realizes the one-to-one transaction relationship between sender and receiver, and can always record the transactions occurred in the whole network. Bitcoin only provides low-level privacy protection, which is well known in academia. Despite this deficiency, many people still believe in the transfer history recorded by blockchain

based on Nakamoto's achievements, bitshengshi is an encrypted digital currency with the purpose of protecting privacy. We have made a series of improvements on the basis of the concept of bitcoin, resulting in a decentralized cryptocurrency with good anonymity. It supports tamper proof real-time transactions, and has a point-to-point sub network that can provide service reward system for bitsheng network

2. Master node network

the whole node is the server running on the P2P network, so that small nodes can use them to accept the dynamic changes from the whole network. These all nodes need significant traffic and other resources that consume a lot of cost. Therefore, it will be observed that the number of these nodes on the bitcoin network presents a steady downward trend over a period of time, so that the block broadcast time needs an additional 40 seconds. In order to solve this problem, many solutions have been put forward, such as the introction of Microsoft Research's new incentive plan and bitnodes incentive plan

Figure 6: Mining reward model

3. At present, there is no virtual currency for investment in China. The lively "bitcoin" mentioned two years ago is illegal in China and cannot be traded in China
what kind of virtual currency I know at present is Tencent's "fortune currency", which is Tencent's own name. According to the national conditions and laws, whether it can be regarded as "currency" or not is still open to question. However, I don't think it has any investment value at all. You can buy "fortune currency" with a large amount of holdings, or it can be converted into cash, There may be some discounts for purchasing Tencent service, but it is more convenient for online payment, and it has no value of value preservation and appreciation at all
if you have enough spare money, it's better to go to the bank to buy physical gold and silver while gold and silver are cheap.

4. Illegal fund-raising is not a real virtual currency. A very significant feature of deceiving "virtual currency" is the unilateral rise of investment income. The total amount of real virtual currency is limited, and the price fluctuates. However, the price of virtual currency under the illegal fund-raising scam tends to rise unilaterally, and the assets of investors' books have been increasing. Once the scam can not continue, These fake virtual currencies are worthless, and investors have nothing to lose. At present, in addition to bitcoin, there are eth Ethereum, usdt TEDA, inmi and other regular currencies.

5. In general, domestic licensed private equity funds have no contact with virtual currency transactions, and some private private equity funds do very well. However, it depends on the scale of private equity and specific operation methods. It's not that we can't make money, but this kind of money has certain technology, and not all indivials can do it well
the key point is to understand the scale of private placement and related operation methods.

6. It is to tell you that a project is very good, and now it needs to be invested, that's it

7. Private placement is a way to invest in cryptocurrency projects, and it is also the best way for the founders of cryptocurrency projects to raise funds for platform operation.

8. It seems that their company is doing blockchain.

9. Encrypted digital asset itself is the most powerful asset carrier with appreciation potential in human history so far. If you use traditional assets to endorse it, it is equivalent to middle-aged people with primary school culture endorsing the future of math prodigy, but it limits his growth space. We haven't heard that Taobao or Jingdong Mall has bought many office buildings and gold mines to increase investors' confidence. In the field of Internet finance, the real asset is how many people make money; Credit is accumulated with time and practice, rather than claiming how much physical assets to use to say things
Network gold, the international name of e-gold, referred to as EGD. It is a kind of Internet gold in the form of P2P. After the concept of EGD coin was proposed by Dr. David of the United States in 1982, with the development of the Internet, after 30 years, based on the continuous invention and improvement of international cooperative players such as Zhongben Cong in 2009, it was finally invented by 17 experts in various fields from seven countries headed by former engineers of Microsoft on January 1, 2014. The global total amount of EGD is about 84 million pieces, and the number of EGD graally released and circulated in the global Internet within 100 years is about 42 million pieces. Online gold points are not money, but as a kind of consumer asset given by global commercial consumers from businesses. They are used to replace the points issued by businesses in traditional commercial society, realizing the networking, integration and capitalization of global commercial points