Why do exchanges launch virtual currency
Publish: 2021-04-25 22:15:02
1. May involve illegal fund-raising and pyramid selling and other related criminal crimes
(1) at present, there is no regulation to regulate the trading platform, but the trading platform should also fulfill the audit obligation. For example, when online trading various network virtual currencies, it should audit whether the currency is a network virtual currency based on blockchain technology
(2) if the trading platform knows that the online trading currency is suspected of MLM, but in order to collect Commission, it also provides trading services for the currency and promotes its development, once the currency is identified as MLM, the trading platform may have to bear certain legal liabilities
(3) at the same time, a large number of customers' funds are stored in the accounts of virtual currency trading institutions. However, all online virtual currency trading institutions are not qualified to absorb public funds, which makes trading institutions face the potential risk of illegal fund-raising
the 2017 version of the guide to the identification of internet pyramid selling (hereinafter referred to as the guide) lists several differences between virtual currency and pyramid selling currency:
(1) from the perspective of issuing mode, virtual currency does not rely on specific monetary institutions, it is a decentralized issuing mode according to specific algorithms; The MLM currency is mainly issued by a certain institution, and the profit is made by pulling the head
(2) from the perspective of transaction mode, virtual currency is a kind of sporadic transaction spontaneously formed by the market. After the scale is formed, the transaction is graally completed by a third party establishing an exchange, while MLM currency is issued by an institution and traded on its own platform
(3) from the perspective of implementation, virtual currency itself is an open source program, while the open source of MLM currency is completely ing other people's open source code, and there is no use of open source code to build programs, which is essentially controlled by the website as Q coin.
(1) at present, there is no regulation to regulate the trading platform, but the trading platform should also fulfill the audit obligation. For example, when online trading various network virtual currencies, it should audit whether the currency is a network virtual currency based on blockchain technology
(2) if the trading platform knows that the online trading currency is suspected of MLM, but in order to collect Commission, it also provides trading services for the currency and promotes its development, once the currency is identified as MLM, the trading platform may have to bear certain legal liabilities
(3) at the same time, a large number of customers' funds are stored in the accounts of virtual currency trading institutions. However, all online virtual currency trading institutions are not qualified to absorb public funds, which makes trading institutions face the potential risk of illegal fund-raising
the 2017 version of the guide to the identification of internet pyramid selling (hereinafter referred to as the guide) lists several differences between virtual currency and pyramid selling currency:
(1) from the perspective of issuing mode, virtual currency does not rely on specific monetary institutions, it is a decentralized issuing mode according to specific algorithms; The MLM currency is mainly issued by a certain institution, and the profit is made by pulling the head
(2) from the perspective of transaction mode, virtual currency is a kind of sporadic transaction spontaneously formed by the market. After the scale is formed, the transaction is graally completed by a third party establishing an exchange, while MLM currency is issued by an institution and traded on its own platform
(3) from the perspective of implementation, virtual currency itself is an open source program, while the open source of MLM currency is completely ing other people's open source code, and there is no use of open source code to build programs, which is essentially controlled by the website as Q coin.
2. All virtual currency exchanges in China have been canceled, which should be illegal
3. When choosing the registered account number of each mainstream exchange, trading in legal currency for TEDA currency, trading in other currencies through TEDA currency, the general website has a detailed process.
4. You can't guarantee that
you can only fill in the sales form and hang it up to see if anyone will take the order and buy it. It's also true that no one will buy it for a long time
if you want to sell it immediately, you can only see if someone else has paid for it
you can only fill in the sales form and hang it up to see if anyone will take the order and buy it. It's also true that no one will buy it for a long time
if you want to sell it immediately, you can only see if someone else has paid for it
5. When the currency is online to the exchange, it is called online currency, which means online this project
6. On the issue of virtual currency, it is estimated that it will not be so fast. After all, the 19th National Congress of the Communist Party of China was officially held yesterday
although virtual currency is relatively lacking in the level of financial supervision, it is worth discussing that it is the research on the technical level of blockchain
at present, the transaction of virtual currency is closed in China. After all, it involves financial issues. This aspect may be involved in the later part of the meeting, so we should pay attention to it.
although virtual currency is relatively lacking in the level of financial supervision, it is worth discussing that it is the research on the technical level of blockchain
at present, the transaction of virtual currency is closed in China. After all, it involves financial issues. This aspect may be involved in the later part of the meeting, so we should pay attention to it.
7. Monroe is a decentralized cryptocurrency, which means it is a secure digital cash operated by the user's network. Transactions are confirmed by distributed consensus, and then the unchangeable records are recorded on the blockchain. Third parties don't need to be trusted to keep your monero safe
monero is based on cryptonote protocol and has significant algorithm differences in blockchain fuzziness. Monero's molar code structure is praised by Wladimir J. van der Laan, one of the core maintainers of bitcoin
Monroe is replaceable because it is private by default. Due to their association in previous transactions, monero units cannot be blacklisted by suppliers or exchanges
since its launch, monero has made several major improvements. First, it migrates the blockchain to different database structures to provide greater efficiency and flexibility; Set the minimum ring signature size so that all transactions are private, and implement ringct to hide the amount of transactions
Monroe coin also introces a new elliptic curve algorithm, which hashes the output distribution to the elliptic curve, which has never been seen in any previous research, but the Monroe coin research team believes that this is a safe hash function. However, there is no analysis to show whether the output of the function is randomly and evenly distributed or whether the implementation process is unidirectional. Therefore, it is generally regarded as a random function. The elliptic curve encryption of Monroe coin is based on Edwards curve. Edwards curve is fast, and in a specific definition, such as curve25519.
monero is based on cryptonote protocol and has significant algorithm differences in blockchain fuzziness. Monero's molar code structure is praised by Wladimir J. van der Laan, one of the core maintainers of bitcoin
Monroe is replaceable because it is private by default. Due to their association in previous transactions, monero units cannot be blacklisted by suppliers or exchanges
since its launch, monero has made several major improvements. First, it migrates the blockchain to different database structures to provide greater efficiency and flexibility; Set the minimum ring signature size so that all transactions are private, and implement ringct to hide the amount of transactions
Monroe coin also introces a new elliptic curve algorithm, which hashes the output distribution to the elliptic curve, which has never been seen in any previous research, but the Monroe coin research team believes that this is a safe hash function. However, there is no analysis to show whether the output of the function is randomly and evenly distributed or whether the implementation process is unidirectional. Therefore, it is generally regarded as a random function. The elliptic curve encryption of Monroe coin is based on Edwards curve. Edwards curve is fast, and in a specific definition, such as curve25519.
8. Does Shanghuo currency exchange necessarily mean virtual currency? The answer is definitely no, because the virtual currency exchange is also a trading party of a virtual currency
9. You can think of a metal detector installed in the front, there will be metal ring
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