GitHub virtual currency update
Basic routine: the "trading market" of MLM digital currency is basically controlled by specific institutions. In order to attract investors' investment in the early stage, the currency price may be very high. Once the time is ripe, it will be sold intensively, and the price will plummet, and the investors will lose all their money
There are three characteristics of digital money MLM:1. Digital money is a real proct, and it is highly packaged
2. The participants can get a head pulling reward, and the prize is the digital currency itself
3. Digital currency will appreciate with the increase of participants in the scam. In the cycle of digital currency appreciation, the number of participants who can obtain digital currency will also increase, and the participants, including the lowest level participants, will also gain, but in the cycle of devaluation, the bottom level participants often lose a lot
in 2017, the Internet Finance Association of Jiangsu Province issued the "internet pyramid selling identification guide", which named 26 so-called digital currencies as illegal pyramid selling projects covered or suspected to be covered with digital currency. They are: treasure money, Baichuan money, SMI, MBI, mark money, Diablo money, mmm, Fuda compound wealth management, carat money, V treasure, Vicat money, petroleum money, Huaqiang money, CB aiib Hong Kong Group, Yuansheng, Morgan money, beta money, WorldCom, u money, Jubao, 21st century fox, Wanxi wealth management, Wanfu money, Wuxing money, Yi money, Zhonghua money, etc
extended materials:
five ways to distinguish whether digital currency is pyramid selling currency:
1. Issuance mode
virtual currency does not rely on specific monetary institutions. It is proced by a large number of calculations according to specific algorithms, and is a decentralized issuance mode. Each different terminal node is responsible for maintaining the same account book, and the maintenance process is mainly to package and encrypt the transaction information by the algorithm, while the MLM currency is mainly issued by a certain organization, and the profit is made by pulling the head
2. Transaction mode
virtual currency is a kind of sporadic transaction spontaneously formed in the market, which is graally completed by a third party establishing an exchange after the scale is formed. The MLM currency is issued by an institution and traded on its own platform
3. Implementation method
virtual currency itself is an open source program, which is maintained in GitHub community. The parameters and methods of the total amount limit are shown in the open source code. 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, so its essence is controlled by the website like Q currency
4, whether to give the source code link
General decentralized digital currency will give the source code link in the prominent position of the official website, so as to show the operation mechanism of the monetary system openly and transparently. The MLM currency focuses on the transaction process of recharge purchase, but does not mention its operation mechanism. Even the website does not have the link address of the source code
5, whether the official website starts with HTTPS
generally, the addresses of the official website and trading website of decentralized digital currency start with HTTPS, and the purpose is that this kind of website can well protect the user's data from illegal theft. But the official website of MLM currency, trading website and other related websites do not start with HTTPS
so here are some suggestions for novice friends. I hope that those who have just joined the circle will take less detours
1. All the gimmick projects, such as brick arbitrage, are basically MLM projects. Of course, I don't mean that MLM projects don't make money. On the contrary, some MLM projects may make more money than the real money circle, but you must remember what you are here for, whether you are in the money circle, your MLM or the money circle's MLM. If it's the first one, stay away from MLM; If it is the second, I suggest 1040 sunshine project; If it's the third one, congratulations on coming to the right place, and then close this answer
2. As long as there is a way to promise the amount of rebate every day or within a certain period of time after the investment in the coin circle project, it is generally mixed with the traditional pyramid selling mode of pulling the head, which is all pyramid selling. The author does not recommend it
3. Don't believe too much in the security of trading, and don't wait for a fall to gain wisdom. You'd better accept the truth that the predecessors have told you many times. Maybe they just don't want you to fall again where they fell
4. Don't think about mining to get a lot of profits (of course, it's good to play, and the author also starts from mining when entering the coin circle), but you can understand the mining instry to know the big ecology of the coin circle
5. For indivial investors who have not been in touch with finance, the return of Tun yuan must be greater than your short-term return for many times. In the short-term, the money you make for nine times may not be equal to the money you lose for one time when you operate wrongly. This sentence is especially applicable to contract leverage.
money circle, one day, ten years on earth
the high housing prices destroyed the post-80s and post-90s
and then the world came back. Today's virtual currency
the post-80s also pulled back a round. Whether it is worth buying is not to see whether its current price is high or low
but to see whether it has value in the future and whether it will be useful for everyone's life There must be only a few bitcoins in total.
bitcoin has become a kind of value preservation proct corresponding to gold
decentralized anonymity advantage
bitcoin comparable to gold
moreover, more and more businesses have accepted bitcoin transactions
some institutions have also accepted bitcoin donations, and bitcoin ATM has become a hot topic Put into use
the second is
Ethereum (ETH)
it can be said that it is an evolutionary version of bitcoin
bitcoin is gold, Ethereum is silver
Ethereum's technology can be applied to real world applications
JPMorgan Chase, Microsoft, etc. are all optimistic about Ethereum technology
In my opinion, the most stable return is the twoand the other multifarious currencies have gone up and down sharply. Ordinary people's hearts can't stand
at present, domestic users can buy through this website
transactions
it's not the price rise of the currency but the price rise of the currency through the bar The number of coins is rising
Constantinople includes five different Ethereum improvement proposals (EIPs), which were completed on August 31. Once released on Ethereum, these proposals will permanently change the blockchain through a series of new backward compatible upgrades
this means that the nodes of the computer network running the Ethereum software must be updated with the whole system, or continue to run as separate blockchain entities
the system wide upgrade has caused quite a lot of dramatic events in the past, which should be more formally referred to as "hard fork". Most notably, when some users disagree with this change, it may lead to two different versions of the same blockchain running at the same time. At present, if you want to invest in Ethereum, you can trade in the bitnet exchange.
P.S. the requirements of GitHub account for receiving ripple currency are as follows:
we're giving away 2020 XRP (as a contribution to tomorrow's ripple developer conference at money 2020) to GitHub account holders who have at least one public code writing activity before May 1, 2013, 00:00:00 UTC.
official announcement: https://ripple.com/blog/git-in-the-game-2020-xrp-giveaway-for-github-users/
I believe that people who have GitHub accounts and are eligible to receive them should easily find a way to receive them