Virtual currency project in network

5.

1. Litcoin (LTC) is an improved version of digital currency inspired by bitcoin (BTC). It was designed and implemented by a programmer who worked in Google. It was released on November 9, 2011. Lightcoin and bitcoin have the same implementation principle in technology, but the creation and transfer of lightcoin is based on an open source encryption protocol, which is not managed by any central organization

2. Sunshine coin (SSC for short) is sponsored by Liu Chunyang, vice president of Jinhua express delivery Association of Zhejiang Province, instrial entrepreneur and philanthropist of express delivery instry. As a legal person, Zhejiang Dongyang Yueyin Technology Co., Ltd. is registered with the formal instry and Commerce Bureau, with a registered capital of 10 million yuan. With this as the backing and support, the sunshine elite team affiliated to the company launched the first virtual coin sunshine coin

The English name of Vicat is onecoin, which is a kind of Internet virtual currency term created by the government and is suspected of pyramid selling fraud

in 2017, CCTV announced the list of 350 fund pyramid schemes, with Vicat in the list

in May 2018, Zhuzhou County Procuratorate of Hunan Province prosecuted the last four suspects involved in the third batch of the "3.15" Vicat money online pyramid scheme case supervised by the Ministry of public security to the court

4. Amazon coin

Amazon announced in early February 2013 that it is expected to launch Amazon coins in the United States in May 2013. Amazon coins is a new virtual currency that allows U.S. users to buy apps, games and props in the kindle fire. Amazon will provide tens of millions of US dollars of Amazon coins at that time to let users try and consume the apps, games and props in the app on the kindle fire for free

5. Eth is a kind of digital token of Ethereum, which is regarded as "bitcoin version 2.0". It adopts the blockchain technology "Ethereum", which is different from bitcoin. It is an open-source public blockchain platform with intelligent contract results, and a resonance network composed of thousands of computers around the world. Developers need to pay eth to support the application. Like other digital currencies, ether currency can be bought and sold on the trading platform

6. A trading platform, generally is 5173 (consignment form, charge a certain proportion of fees) or Taobao above
the seller provides the transaction currency amount of the server role name
the buyer searches for the game currency amount of the regional service limited transaction under this category to get the transaction window to complete the transaction

7.

1. Q coin

Q coin, referred to as QB, also known as QQ coin, Tencent Q coin, etc. Usually its exchange rate is 1q currency = 1 RMB, with Tencent paipai net transactions are generally 10% off

QB is a virtual currency launched by Tencent, which can be used to pay for QQ bank number, QQ member service and other services. Tencent q-coin, through the purchase of QQ card, telephone recharge, bank card recharge, network recharge, mobile phone recharge card, one card recharge card and other ways to obtain

The face value of QQ card is 10 yuan, 15 yuan, 30 yuan, 60 yuan, 100 yuan and 200 yuan respectively

there is another kind of electronic cryptocurrency, qqcoin, which is not related to each other

2. Litecoin

litecoin, abbreviated as LTC, currency symbol: Ł; It is a kind of network currency based on "peer-to-peer" technology. It is also an open source software project under MIT / X11 license. It can help users make instant payments to anyone in the world

lightcoin is inspired by bitcoin (BTC) and has the same implementation principle in technology. The creation and transfer of lightcoin is based on an open source encryption protocol and is not managed by any central organization

3, infinite coin

infinite coin (hereinafter referred to as IFC) is a new digital currency, which has more circulation advantages than bitcoin, and fills the short board of bitcoin in the field of commercial circulation and promoting commercial operation. The positioning of unlimited money is to serve the daily life of small transaction payment

one transaction of infinite coin needs three confirmations, each confirmation takes three seconds, and the transaction confirmation speed is very fast. Because bitcoin transaction needs 6 confirmations, which takes about 1 hour, and lightcoin transaction takes 15 minutes, infinite coin is used in daily common transactions, which is more practical

infinite coin was released on June 5, 2013. Based on scrypt POW algorithm. A block is generated in 30 seconds. In the initial block, there are 524288 infinite coins in each block. After that, for every 86400 blocks generated, the number of coins in the block is halved, with a total of 90.6 billion. The difficulty of mining is adjusted every hour

Quark coin is not the currency in real life, it exists safely in the computer of global network

quark network is protected by six most advanced encryption algorithms to ensure that it can become a digital ledger. The whole network uses each of the six functions to generate a proof of work, and the coin maker must "verify" these transactions to ensure that each coin increase is real and effective

only regular computer can participate in ensuring that it can maintain a highly secure peer-to-peer network, which makes it more decentralized

quark coins can only be g up through the CPU of regular computers. In the first 36 weeks, a total of 247605120 quark coins will be g out. Since March 30, 2014, the annual quark coins set at 1050000 can enter the market through "digging", and the block reward will never be less than one, which is currently two

Zetacoin is an open-source digital currency based on SHA-256 algorithm. The initial coin mining is 160 million coins, and the subsequent annual inflation is a better incentive, To keep the hash of the network is not pure transaction cost

The total number of

zetacoin is 160 million, 1000 zets per block and half of 80640 zets per block

8. In addition to bitcoin, there are many other virtual currencies in the virtual world< Liteoin (LTC) was released on October 7, 2011, and is currently the most valuable counterfeit currency, accounting for about 2% of BTC's market value. The current unit price is US $2.31, with a total currency value of US $38 million

this is also a distributed (decentralized) digital currency. Unlike the sha256 mining algorithm used by bitcoin, LTC adopts scrypt algorithm. Scrypt algorithm uses sha256 as its subroutine, and scrypt itself needs a lot of memory. Each hash is used as the seed of the input, and then it needs a lot of memory to store another pseudo-random sequence to generate the pseudo-random points of the sequence and output the hash value. In the mining of BTC (bitcoin), it is not enough to rely on simple graphics card mining (it takes about ten to dozens of days to dig a BTC with general configuration graphics card). The emergence of various expensive mining machines has raised the threshold for ordinary people to get BTC through mining, while LTC has certain advantages in using PC graphics card mining This passage comes from Zhihu.)

compared with BTC, litecain has made a little improvement in technology. If BTC is gold now, LTC is silver for the time being

the biggest advantage of litecoin is that it can confirm the authenticity faster. The virtual currency is designed and maintained by Charles Lee. Bitcoin transactions need to be verified, and the average verification time is more than 10 minutes. Most transaction websites need 1 hour to verify. The average transaction confirmation time of liteoin is 2.5 minutes. Developers claim that shortening the verification time increases the practicability of virtual currency. The bitcoin mining efficiency of customized machine and AMD GPU is the highest, making it almost unprofitable for miners using CPU mining. Litecain's mining excludes GPUs and custom processors, so it doesn't rely too much on a small number of professional miners

ppcoin

ppcoin (PPC) was released on August 19, 2012, which has improved the original technology of BTC. Use proof of make and add the concept of coin age

ppcoin is a bifurcated project of bitcoin, which aims to achieve energy efficiency and maintain the best performance of the original bitcoin as far as possible. The unit price of ppcoin is US $0.22 and the total currency value is US $4 million

ppcoin does not have a fixed upper limit of money supply, but it does not mean that ppcoin has obvious inflation compared with bitcoin. Bitcoin can be compared to gold. The annual inflation rate of gold is about 1-3%. Although gold has no known upper limit of money supply, we still know that it is a reliable scarce commodity

ppcoin has two types of casting: work certificate and equity certificate. The coinage rate of working proof is affected by Moore's law, which depends on the doubling of our working proof ability. What we all know is that Moore's law will eventually come to an end. By then, the ppcoin of inflation may be close to the gold level. The annual maximum inflation rate of certificate of equity is 1%. At the same time, ppcoin's transaction costs were destroyed to fight inflation. So on the whole, the coin design of ppcoin is still a very low inflation design in the future, which can be comparable with bitcoin<

ppcoin's reward is similar to lottery, which will determine the winning probability according to the number of ppcoin held by miners. Sunny king, one of the founders, said that their design is based on a new concept of long-term energy efficiency

terracoin

terracoin (TRC) was released on October 26, 2012, with a total currency of 42 million. The speed of each block is 2 minutes, slightly faster than LTC. There is not much special in technology, similar to the proction of BTC halved every four years

however, the operation team seems to have a strong business background and may be better than other bitcoins in circulation. The development of virtual currency is getting more and more attention. Now some teams with business background will accelerate the development of virtual currency

namecoin

namecoin is a distributed domain name system based on bitcoin technology. Its principle is the same as bitcoin. The first release date of this open source software is April 18, 2011

namecoin is generated from an original block which is different from bitcoin's main trading block. It uses a new blockchain, which is independent of bitcoin's blockchain. Because it is based on bitcoin, the security, distribution, robustness, encryption and migration of domain names are guaranteed mathematically. You can dig bitcoin and namecoin at the same time

this project was discussed and proposed by bitdns, which is mainly dissatisfied with the defects of DNS. The only top-level domain name of namecoin is. Bit. It costs namecoin to register a. Bit domain name

in addition, Q currency, Shanda currency, starting point currency and various online game currencies are also virtual currencies.

9.

China does not have the first legal virtual currency. At the end of 2013, the central bank and other five ministries and commissions issued the bitcoin risk notice, which clearly defined bitcoin as a special Internet commodity, and the public can buy and sell it freely on the premise of taking their own risks

other digital confidential currencies are also suitable, such as Laite coin, the ancestor of Shanzhai coin, Fuyuan coin for business points in jewelry instry, dog coin for small reward, etc. But although virtual currency exists legally in our country, it is illegal to cheat under the guise of virtual currency

extended data

as the proct of e-commerce, virtual currency has begun to play an increasingly important role, and it is more and more connected with the real world. However, with the growth of virtual currency, the relevant laws and regulations are lagging behind, which has laid many hidden dangers

fraud

the private transactions of online virtual currency have realized the two-way circulation between virtual currency and RMB to a certain extent. The activity of these traders is to buy all kinds of virtual currencies and procts at a low price, and then sell them at a high price to earn profits. With the increase of such transactions, there are even virtual mints

in addition to the virtual currency provided by the main company, there are also some people who specialize in "virtual coin making" to obtain virtual currency by playing games and then resell it to other players. Take Wenzhou as an example, there are about seven or eight such "virtual mints" with four or five hundred practitioners. This not only creates a bubble for the price of the virtual currency itself, but also causes trouble for the normal sale of the issuing company. It also provides a platform for selling and collecting money and money laundering for various cyber crimes. p>

impact system

in modern financial system, the issuers of money are generally central banks, which are responsible for the management and supervision of money operation. As the equivalent exchange goods used to replace the real currency circulation on the Internet, the virtual currency on the Internet is essentially the same as the real currency. The difference is that the issuers are no longer central banks, but Internet companies

if the development of virtual currency makes it form a unified market, each company can exchange with each other, or virtual currency is integrated and unified, and all of them are based on the same standard and price, then in a sense, virtual currency is currency, which is likely to form a threat impact on the traditional financial system or economic operation

network problems

in addition to direct cash, virtual currency can also be purchased by SMS, internet transfer and fixed telephone recharge. These ways of purchase not only provide convenience for users, but also have many risks

such as embezzlement of telephone recharge and purchase by minors. In addition, virtual currency does not have the anti-counterfeiting technology of real currency. Computer hackers may use its security loopholes to proce counterfeit currency. Relevant personnel of the State Administration for Instry and Commerce said that virtual currency transaction is a business behavior derived from the Internet era, and there are no clear legal provisions to regulate it, and there are no items related to virtual goods transaction in the scope of instrial and commercial registration

but when the virtual property transaction graally employs people, places are fixed, transaction profits are clear, and has the nature of operation, it may involve market order and tax issues. Even game operators have no ability to control. There are a large number of "counterfeit banknote makers" in the network. Take the winger who is mainly engaged in chess and card online games as an example, the purchasing power of his online currency has shrunk by nearly 40% in one year. Many people point out that such inflation will only damage netizens and make them lose confidence in the Internet

reference source : network virtual currency

10. I can't say it's economic, but one idea is that virtual currency is also a proct, just like online games. Since it's a proct, why can't it be measured by real currency?