What does virtual currency sub currency mean

1. Today, with the rapid development of information technology, real money is far from meeting people's demand for capital flow. virtual currency refers to the information flow or data flow that replaces the real currency in high technology

virtual currency is different from check and wire transfer. The value that virtual currency can't realize can't be transferred by bank. At present, it can only circulate in the network world. Virtual currency is released by various network organizations, and there is no unified issuance and management standard

according to incomplete statistics, there are no less than 10 kinds of network virtual currency (referred to as network currency) currently in circulation, such as Q currency, u currency, network currency, bubble currency, cool currency, Warcraft gold coin, Paradise currency, Shanda counting, etc. Take Q coin as an example, there are more than 200 million users. Instry insiders estimate that the domestic Internet has a virtual money market scale of several billion yuan per year, and is growing at a speed of 15% - 20%.

2. It's the currency used in the virtual world. There is no real object, just a symbol.

3. The mother currency is the total number of virtual coins issued by the system at the beginning. Please accept it

4. When the currency is online to the exchange, it is called online currency, which means online this project

5.

I haven't heard of the saying "the sub currency of virtual currency". I don't know if you are talking about the bifurcation of virtual currency. For example, Ethereum and ethereal classics, bitcoin and bitcoin cash, etc. (if you want to know more, you can go to coin easy to have a look), is that what you mean

bifurcation refers to the community's disagreement when the blockchain network is "upgraded", which leads to the blockchain system being divided into two and the emergence of two different blockchains, as shown in the figure below

naturally, a new token appears in the new blockchain, which is what we call bifurcation coin. For example, in July 2017, in order to solve the congestion problem of bitcoin blockchain, several different solutions were proposed, which led to the bitcoin blockchain split in two and formed a new currency BCH (bitcash)

to some extent, BCH is the child of bitcoin, because it was born from the original system of bitcoin

In addition, bifurcations can be divided into "hard bifurcations" and "soft bifurcations", or take bitcoin as an example:

1. Hard bifurcations refer to the fact that the old node refuses to accept the blocks created by the new node when the bitcoin code changes. The blocks that do not conform to the original rules will be ignored, and the miners will create new blocks after the blocks they finally verify according to the original rules

2, Soft bifurcation can be compatible both backward and forward

although blockchain forking will not split your currency in two, it may also proce a new currency on the basis of the original, but blockchain forking is not good news most of the time, because it represents great differences in the community

of course, not all blockchains will have forks, and most of the forked currencies appear in digital currencies adopting POW consensus mechanism