POW mode mining

1. Qwertycoin, which has been popular recently, was built by the geek team in Germany for 18 months. It is a secure anonymous coin that focuses on privacy and is used for global
secure payment. Qwc has no pre excavation and ICO, and adopts cryptonight algorithm (supporting mainstream mining machine X3 and A8 +) POW mining.

2. There are related POW double digging, but the so-called POW intelligent double digging is a false proposition. For example, some mining machines or mines proce platform currency, and then pay for the currency of digging, which is double digging. It doesn't depend on the amount of digging, but on the overall rate of return

3. POW: full name of proof of work

What does this mean? That is to say, how much money you get depends on the effective work you contribute to mining. In other words, the better the performance of your computer, the more money you will be allocated. This is to allocate money according to your work certificate. Most virtual currencies, such as bitcoin, Leyte and Ruitai, are based on the pow mode (the higher the computing power and the longer the mining time, the more money you get)

pos: proof of stake

What does that mean? In short, it is a system to pay you interest according to the amount and time of currency you hold. In the POS mode of certificate of equity, there is a term called currency age. Each currency has one currency age every day. For example, if you hold 100 currencies for 30 days, then your currency age is 3000. At this time, if you find a POS block, Your currency age will be cleared to 0. Every time you are cleared 365 coins, you will get interest of 0.05 coins from the block (which can be understood as 5% annual interest rate). In this case, interest = 3000 * 5% / 365 = 0.41 coins, which is very interesting. Holding coins has interest, very good!

4. There are two modes for hcash to obtain revenue. The pow mode is commonly known as mining, which adds a mining pool, runs mining software, and generates revenue without leaving your wallet open. The second POS mode is commonly known as dividend, which does not need to run any mining software. It only needs to open your wallet to generate revenue (relatively slow), and the revenue will grow in proportion to the amount in your wallet

5. Let me tell you this: POW has almost all the advantages and POCS have none of the disadvantages. Bitcoin's pow consensus mechanism has obvious shortcomings: energy waste, noise, mining centralization. The cost of bitcoin mining is getting higher and higher, and the computing power is concentrated in several large mines, so it is difficult for ordinary users to participate; HDFS adopts POC mechanism for hard disk mining, so that everyone can mine.

6. Bitcoin is a consensus network, contributing to a new payment system and a fully digital currency. It is the first decentralized peer-to-peer payment network, which is controlled by its users without a central management organization or middleman. From the user's point of view, bitcoin is much like Internet cash. Bitcoin can also be regarded as the most outstanding three style bookkeeping system. It can be circulated all over the world with a fixed total amount and no issuing body< At present, there is no legal electronic currency in China. QQ currency is a kind of game currency with fixed value, which is released by Tencent. Alipay's three party payment system is a means of payment. They all have the subject of operation. Legal tender is issued by the central bank and endorsed by the state as credit

Shanzhai coin is to learn from bitcoin and innovate and expand on the basis of bitcoin. The user community cannot be compared with bitcoin. The consensus of many people in the community is that some well-designed counterfeit coins will become a supplement to bitcoin, and bitcoin will become a supplement to fiat money, with one more choice.

8. First of all, you can register a company in Hong Kong of any nationality. Secondly, most of them are not registered in Hong Kong. For example, the famous Biyuan chain, quantum chain, Ethereum and fire coin network are not registered in Hong Kong, most of them are in Singapore. It's also registered in Switzerland
it's very easy to register a Hong Kong company. You only need to provide your ID card and company name. The registration time is 10 to 15 working days. It's very fast.