Fuxiang financial investment virtual currency

1. At this stage, virtual currency has not been officially counted as legal income

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, all countries are in the research stage of virtual currency. Blockchain is studied by large companies. Large companies have venture capital and will not go to ordinary people to invest. Therefore, the virtual currency and blockchain that ordinary people can invest in are fake.

4. Virtual currency refers to non real currency
there are mainly three kinds:
first, game currency. Mainly used in the game between the players can trade with each other< Second, special currency. Generally speaking, the website (or service provider) issued, more for the purchase of internal services
Third, virtual currency on the network, such as bitcoin (BTC), Wright currency (LTC), etc. Mainly used for Internet financial investment; However, several major trading platforms in China have graally implemented virtual currency trading

generally speaking, virtual currency investment is not recommended
because virtual currency is not legal tender, it lacks supervision mechanism; If you want to invest, it is recommended to choose the right financial procts through formal legal institutions.

5. Investment in a normal decentralized virtual currency does not require daily wechat check-in. If you are required to sign in, it may be a MLM currency. The purpose of letting you sign in is to make people popular and let more people enter. Moreover, the income of this virtual currency is amazing and the entry threshold is low. But when you get a certain income, your defense will be completely put down, more funds will be invested and more people will be attracted. But you know it's too late to be cheated

virtual currency refers to non real currency. Network virtual currency can be roughly divided into three categories:
the first category is familiar game currency. In the era of stand-alone games, the protagonist accumulates money by knocking down the enemy, entering the gambling house to win money, and using these to buy Herbs and equipment, but it can only be used in his own game console. At that time, there was no "market" between players. Since the establishment of Internet portal and community, the realization of game networking, virtual currency has a "financial market", players can trade game currency
the second type is the special currency issued by the portal website or instant messaging service provider, which is used to purchase the services in the website. The most widely used is Tencent's q-coin, which can be used to purchase membership, QQ show and other value-added services
the third kind of virtual currency on the Internet, such as bitcoin (BTC), Wright currency (LTC), Fuyuan currency (FTC), etc. bitcoin is an electronic currency proced by open-source P2P software. Some people also translate bitcoin as "bitcoin", which is a kind of network virtual currency. It is mainly used for Internet financial investment, and can also be directly used in daily life as a new currency. Fuyuan coin is a kind of applied crypto digital currency, and it is also a kind of commercial integral digital currency in jewelry instry.

6. The analysis of jinwowo network is as follows:
in a word, if Internet technology solves the problem of communication, blockchain technology solves the problem of trust
generally speaking, blockchain is a general ledger that includes all historical transactions, and each block contains several transaction records. If the blockchain is the ledger, then the block is every page of the ledger. The details of the transaction are recorded in a public account book that can be seen by anyone in a network.

7. First of all, we need to be clear that these investment procts are virtual currencies. This requires investors to have more first-hand information and accurate financial sense. In this way, many virtual currencies can be made!

8. Among the financial pyramid schemes of promoting electronic virtual currency on the Internet, the most infamous one is Baichuan coin
compared with the violent coercion of "northern pyramid scheme" and the mental control of "Southern pyramid scheme", financial pyramid scheme is more like a game of high intelligence and greed. The gimmick is novel, the pattern is complex, and the bewilderment is stronger. Investors may still be in the dark about those scams until a second before the collapse of the financial pyramid scheme

among the financial pyramid schemes promoting electronic virtual currency on the Internet, the most infamous one is Baichuan coin. In less than one year, Zhou yunhuang, the legal representative of Fujian Baichuan coin Network Technology Co., Ltd. (hereinafter referred to as "Baichuan coin company"), established a multi-level pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid

until the first instance of the "Baichuan coin" online pyramid scheme case, the defense lawyer also argued in his defense that "Baichuan coin has set up a number of entity enterprises, the mall has been officially launched on July 25, 2015, and the members' consumption points in the mall have reached 8 million. It can be seen that this stage has been basically completed, and the next stage will be entered, Enter the mass marketing mode. Because this case has already happened, the third stage will stop. "