What does mortgage mining mean
In 2009, bencong invented bitcoin, and set that there are only 21 million bitcoins. By participating in the proction of blocks and providing proof of work (POW), he can get the reward of bitcoin network. This process is mining
the concept of "mining" comes from the existing concepts in our real economic life, such as gold mining and silver mining. Because minerals are valuable, it drives people to pay labor to dig
another important point of bitcoin mining is that the miners who participate in mining recognize the value of bitcoin, and some of them are willing to spend money in the bitcoin market. Therefore, the mining of bitcoin is meaningful
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currency characteristics of bitcoin
1, decentralized
bitcoin is the first distributed virtual currency, and the whole network is composed of users without central bank. Decentralization is the guarantee of bitcoin's security and freedom
2, bitcoin can be managed on any computer connected to the Internet. No matter where you are, anyone can dig, buy, sell or collect bitcoin
3, exclusive ownership
controlling bitcoin requires a private key, which can be stored in any storage medium in isolation. No one can get it except the user himself
4, low transaction cost
bitcoin can be remitted free of charge, but in the end, about 1 bitfen transaction fee will be charged for each transaction to ensure faster transaction execution
5, no hidden cost
as a means of payment from a to B, bitcoin has no cumbersome limit of quota and proceres. If you know the other party's bitcoin address, you can pay
6, cross platform mining
users can explore the computing power of different hardware on many platforms
Mining bitcoin is also called mining. Starting from the essence of bitcoin, the essence of bitcoin is actually a special solution generated by a bunch of complex algorithms. A special solution is one of the infinite (in fact, bitcoin is finite) solutions that can be obtained from the equations. Every particular solution can solve the equation and is unique
in the metaphor of RMB, bitcoin is the serial number of RMB. If you know the serial number of a note, you have the note. The process of mining is to constantly seek the special solution of this equation system through a huge amount of calculation. This equation system is designed to have only 21 million special solutions, so the upper limit of bitcoin is 21 million
bitcoin: also known as "bitcoin", is a kind of network virtual currency. Internet users can use bitcoin to buy some virtual goods, such as clothes, hats, equipment, etc. in online games. Internet users can also use bitcoin to buy real goods
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shortcomings
first, the vulnerability of trading platform. The bitcoin network is robust, but the bitcoin trading platform is fragile. Trading platform is usually a website, which will be attacked by hackers or shut down by competent authorities
Second, the transaction confirmation time is long. When bitcoin wallet is first installed, it will consume a lot of time to download historical transaction data blocks. While bitcoin transaction, in order to confirm the accuracy of data, it will take some time to interact with P2P network, and the transaction will be completed only after the whole network is confirmed Thirdly, the price fluctuates greatly. Due to the intervention of a large number of speculators, the price of bitcoin for cash fluctuates like a roller coaster. Making bitcoin more suitable for speculation rather than anonymous trading Fourthly, the public did not understand the principle, and the traditional financial practitioners resisted. Active netizens understand the principle of P2P network and know that bitcoin has no legal person to manipulate and control. But the public doesn't understand, and many people can't even tell the difference between bitcoin and q-coin“ "No issuer" is the advantage of bitcoin, but in the view of traditional financial practitioners, "no issuer" currency is worthlessthis should be a new term rising after "Tongzheng economy" last year. Compared with the token economy, the pledge economy actually has a much greater interest relationship with our ordinary investors
so today's DDS distributed storage ecological community editor will share with you what is pledge economy and how is its investment
pledge economy is also a kind of mining in essence, but it is different from what we usually call bitcoin mining and Ethereum mining
bitcoin, lightcoin, Ethereum, BCH and other digital currencies are all based on proof of work (POW). Therefore, under this mechanism, the generation of new currencies is all competitive power, so there are all kinds of mining machines. At present, the most popular mining machine with the highest market share is bitmainland mining machine
when we want to participate in the mining of these digital currencies, we usually go to the market to buy mining machines, and then find our own machine room or entrust the mining machines to large mines for operation. The money that the miner digs every day, excluding electricity and operating expenses, is the net income
"piling" is another mining method. Usually, digital currency based on proof of equity (POS) and proxy proof of equity (dpos) adopts this mining method
in this mining method, the nodes in the blockchain system do not need too much computing power, but only need to pledge a certain number of tokens, which can generate new currency after running for a period of time, and the generated new currency is the income obtained through pledge
this is equivalent to that we can deposit money in the bank and get a certain amount of interest every year
2. What are the currencies that support the pledge economy
when the main network of EOS went online last year, the voting of the main node officially opened the prelude of stacking
it is 2020 that really makes this way hot. Since the beginning of this year, a series of digital currencies have been launched in the form of pledge. On the one hand, in order to recruit nodes, the project side carries out extensive publicity. In addition, the powerful operators are willing to cooperate with the project side as nodes to obtain stable income
as a result, the pledge mining economy is booming both inside and outside the circle
data distributed storage (DDS) is also a pledge mining mode
the DDS application circulates and pays for the charging services of the whole ecosystem app, such as: annual fee of video website, online ecation, online Red live broadcast, games, movies, catering, takeout, social networking, etc
DDS issuing mechanism: no private placement, no node selling, no project party. As you go in, as you go out, as you dig, as you sell. There is no big business. Human risk control and ecological empowerment
1. Total distribution: the total distribution of DDS is 180 million, with a constant total. The issue price is anchored at 0.5usdt
2. Design principle: the DDS team made a statistical analysis on the blockchains of data storage related instries with high return on investment in the world and drew a scatter diagram. The analysis results show that, combined with the user experience that the unit price of issue is easy to measure, the total amount of issue is 180 million
3. Distribution ratio:
5% candy distribution
5% pledge circulation
90% mining
according to the number of miners contribution space size mining, strictly in accordance with the hardware equipment involved in mining quantity, pledge certificate and mining output, token price, three trigonometric function output. In the second year, the annual output will be reced by half, and in the eighth year, the remaining output will be excavated.
The mining license can be mortgaged
mining license is the legal evidence for the mining right holder to exercise the right to exploit mineral resources. A license certificate issued by the mining registration administration organ to grant the mining right applicant the right to exploit mineral resources. The mining right license shall be uniformly printed by the competent department of land and resources under the State Council and issued by the competent department of land and resources at all levels according to the statutory authority. The main contents of mining license include: name of mining enterprise, economic nature, mining main minerals and associated minerals, three-dimensional scope of mining area, term of validity, etc. Mining licenses shall not be traded, altered or lent to others. The mining license may be renewed, changed or cancelled according to law
the mortgage of mining license is also called the mortgage of mining right
Article 6 (3) of the Interim Provisions on the administration of the transfer of mining rights (gtzf [2000] No. 309) the mining right holders may lease or mortgage the mining rights in accordance with these provisions
Article 55 the mortgage of mining right refers to the act that the owner of mining right, as the debtor, provides guarantee to the creditor with the mining right under the premise of no transfer of possession in accordance with relevant lawsthe debtor who takes the mining right as the mortgage is the mortgagor, the creditor is the mortgagee, and the mining right which provides the guarantee is the collateral
it can be seen that the mortgagor generally establishes the mortgage based on his own debt performance and financing needs, and there are not too many restrictive provisions in the law on the qualification of the subject of mining right mortgage, and the mortgaged property is not the object prohibited by the property law and the guarantee law. The mortgage of mining right is the inevitable proct of the marketization of mining right as property right, so mining right is the exploration right, the mortgage of mining right, the mortgage of mining right and the mortgage of mining right Mining rights can be mortgaged
the lease and mortgage of mining rights in the second paragraph of Article 36 of the Interim Provisions on the administration of the transfer of mining rights (gtzf [2000] No. 309) shall be managed according to the conditions and proceres of the transfer of mining rights, and shall be examined and approved by the original license issuing authority. Article 57 When a mortgage is set for a mining right, the holder of the mining right shall go to the original license issuing organ for the record with the mortgage contract and the license of the mining right. Within 20 days after the mortgage of mining right is released, the mining right holder shall inform the original license issuing authority in writing. Article 63 the mortgage of mining right established in violation of relevant laws and these Provisions shall be invalid
2. If your company's creditor's rights are e and the other party can't pay them, the people's court will auction the mining rights when they are sued to the people's court. The money from the auction will give priority to the debt owed by the other party to your company
3. If you don't bring a lawsuit to the court, you can also negotiate and ask the other party to transfer the mining right to your company. Of course, your company must have the corresponding mining qualification and the corresponding mining technology, equipment and personnel< Please accept this reply
it is supplemented as follows: 1. To handle the transfer of ownership, you must have qualifications. This instry is an access instry, and you will not be transferred without qualifications. 2. I don't think it's necessary to mortgage the mining right and equity. If you have the equity of the company, the mining right in the name of the company can reflect the value of the company. A shell company does not have any value except machinery and equipment. Only when you have the mining right in the name of the company can you make profits, and only when you are a shareholder of the mining company can you enjoy the dividend income. 3. Don't worry about the third problem. It won't be transferred to your company.