The contradiction between transaction mining and cash dividend

1.

"Transaction is mining" is a typical platform operation mode. Users mine through transactions. Some platforms will issue their own tokens as rewards for users' trading behavior

Relevant introction:

in June 2018, the cryptocurrency exchange fcoin put forward the concept of "trading is mining", and in a short period of time, the daily trading volume rose to the first in the world, triggering a war between exchanges

"transaction is mining" is actually a return mechanism of personal transaction fees based on platform currency. Strictly speaking, there were similar playing methods before the establishment of fcoin. For example, bibox had a mechanism to return a certain proportion of fee income to platform currency holders

extended data

fcoin's "transaction is mining" is repackaged. Following the allocation rules of bitcoin mining, 51% of platform currency ft is taken as the mining reward pool. Through "mining (trading on fcoin)", FT is graally unlocked. Once 51% of FT is fully fed back, "mining" is automatically terminated

in terms of specific implementation, fcoin trading means mining starts at 0 o'clock every day (GMT + 8), and the transaction fees generated by users will be converted into ft for accumulation every hour. The conversion price is calculated according to the average price of FT in that hour (the average price is calculated as total transaction amount / total trading volume)

2.

1. Coinbene

country: Singapore

Mining instructions: CONI is issued by the global high-quality digital asset trading platform coinbene in full currency, with a total issue of 1 billion and guaranteed never to be added. Coinbene provides an online service (platform), which allows users to exchange different block link codes with each other. 100% of the platform revenue is converted into eth (converted according to the hourly closing price of ETH) and returned at 3pm the next day. Special line discount of transaction service charge: users holding CONI will enjoy special discount of service charge. The more they hold, the greater the discount. They can enjoy 30% discount at most

2. Fcoin

country: U.S.

Mining Description: fcoin is the first digital asset trading platform with transparent assets in the world, which will distribute 80% of the platform's income to FT holders regularly. Ft (fcoin token) is a token issued by fcoin trading platform, which is the representative of all rights and interests of the trading platform. The issuance of FT is based on the principle of "trading is mining", with an upper limit of 10 billion and will never increase“ The specific way of the "transaction is mining" indivial transaction fee return mechanism is: from 0 o'clock every day (GMT + 8, the same below), the transaction fee generated by the user will be converted into ft for accumulation every hour, and the conversion price is calculated according to the average price of FT in that hour (the average price is calculated as the total transaction amount / total trading volume). Return once an hour, return the mining output 24 hours ago and in the same hour interval. For example, in the interval of 7:00-8:00 one day, the return is the mining output in the interval of 7:00-8:00 the previous day

3, bit-z

country: U.S.

Mining instructions: voting method is adopted to realize currency loading, mining generates BZ in real time, and settlement is returned every 60 minutes. The commission fee will be reced by 3% for every 10 million mines“ Users who participate in the transaction can get a refund of service charge (in the form of equivalent BZ, and need to complete three-level certification); Each phase of 10 million BZ will be released step by step, and each phase of 10 million BZ will automatically enter the next phase. The return ratio of each period will decrease by 3%; At the same time, the platform promotes the opening of BZ transactions according to the mining capacity of the whole network; BZ shall return the service charge according to the formula in "2" before opening the transaction, and 100% of BZ real-time price after opening the transaction; Price calculation: before opening Trading: 1bz = 0.158 usdt, 1bz = 1dkkt, 1bz = (0.158 / BTC price of the whole network) BTC opening; After trading: real time price calculation

Mining instructions: the total amount of bigo coins is 25050000, which adopts destruction mechanism and dividend mechanism, and will never be issued. The only way to obtain bigo currency is for users of the currency exchange to obtain it through mining or online trading. Mining: it refers to the user's transaction on Hong Kong currency Pavilion platform (all currencies except bige currency and bigo currency), namely "transaction mining"“ Miners (users) increase the total trading volume of the platform through trading, and the trading system automatically drops bigo coins to miners as mining rewards

U-coin

country: Australia

Mining instructions: Au is based on erc20 contract tokens, with a total issue of 5 billion, and will never be issued. All Au are frozen and need to be thawed by mining, 50% of which is released by trading mining. AU's "mining" is realized in the form of indivial transaction dividends. The specific calculation method is as follows: daily income of the miner = daily transaction handling charge / Au currency price of the day * dynamic transaction mining Commission. The "daily transaction handling charge" refers to the total handling charge generated by the miner's daily transaction in the Au trading area of u Network in Australia“ "Current day Au currency price" refers to the daily average price of Au currency on Australian u-net platform“ "Dynamic transaction mining rebate" means that the platform will refund 100% to 200% of the total transaction fees of the Au trading area on the same day according to the total mining quantity and currency price on the same day

there are more than a dozen other companies. There are too many words to post. Let's see for ourselves

continuous update: trade is mining! The most complete list of mining exchanges in history

3. At present, the platform also has dividend activities. The platform supports legal currency trading. The currencies are all mainstream currencies and high-quality items. Tomorrow is the celebration of the first anniversary of the platform. Many activities can participate in rewarding large amounts of currencies!

4. BIGone trading platform, big one day is equal to FT three days, the highest platform at present.

5. It must be money digging. Static income is relatively stable.

6. Absolutely. I've experienced it myself. After joining the dish is the man, soon cut leeks.

7. Mining by trading is actually a very good model. Returning the service charge to the people who come to trade can greatly improve the enthusiasm of the coin people. This can be seen from the popularity of fcoin in the front, but later fcoin played badly, which led to the fact that the mining trade was not optimistic

the whale exchange is a newly emerging decentralized exchange. Naturally, the purpose of mining by trading is to attract more people to trade in the early stage of liquidity. At the same time, it also feeds back the wal to some community users

on this basis, they use repurchase instead of dividends as fcoin did in the early stage, so as to promote the stable rise of wal price, which is also a kind of friendly to the users holding money

overall, I think this way is good and can last for a long time.

8. Bear market, or to find the application of the currency it! Of is good. Mobile phones are free.

9. IDC token (it) is the key token of idcg ecosystem. The core design of it is to give stakeholders balance and mutual benefits, to give active users a reward for mining through trading, and to give cash holders 100% bonus, and to guide it users to form a closed loop of distributed autonomous organization through use and consumption in the consensus system of idcg
when the interests of holders, users and operators are the same, an ecosystem can provide long-term, stable and sustainable benefits