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m2币区块链最新消息,m2区块链怎么样

发布时间：2023-12-05-21:13:00 来源：网络区块链知识区块价值

m2币区块链最新消息,m2区块链怎么样

近期，M2币区块链最新消息火热传播，M2区块链技术的性能如何？今天，小编就给大家介绍一下M2区块链的相关情况。

M2币区块链是一种分布式账本技术，它的核心思想是使用共识算法来控制账本的共享和更新。M2币区块链的优势在于，它能够保护用户的隐私，同时又能够提供快速、安全、可靠的交易服务。

M2币区块链的技术性能也是非常出色的，它的交易速度快，能够支持每秒钟上千笔交易；它的安全性高，可以防止恶意篡改；它的可靠性强，可以保证账本的完整性和一致性，确保账本的可信性。

M2币区块链的其他优势还有：它可以支持多种资产类型，支持多种应用场景；它可以支持智能合约，可以实现自动化的交易；它的可扩展性强，可以支持大规模的交易。

总的来说，M2币区块链的技术性能是非常出色的，它具有快速、安全、可靠的特点，可以支持多种资产类型，支持多种应用场景，是一种非常可靠的区块链技术。

请查看相关英文文档

『一』Does blockchain have development prospects in the future?

A series of large companies such as Tencent and Alibaba are all trying to share and seize the blockchain cake. Do you think it has development prospects? Of course there is! Below are the top ten predictions of the China Academy of Information and Communications Technology on the global blockchain. I hope it will be helpful to you! !

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From the current market media information, we can see that blockchain information has occupied the major media landscape. It is not an exaggeration to say that it is in the center of the storm. The appropriate metaphor is that it is in the center of the storm.

Why does the blockchain become so popular all of a sudden? Let’s talk about the currency circle. For example, a mainstream currency actually appeared a few years ago, but because the individual value direction is not recognized by people, it is not It is worth entering the public eye. After several years of skyrocketing, it seems that some potential human nature has suddenly been activated. It is similar to buying a house. Everyone cannot understand it. It is tempting, explodes, and then activates greedy human nature. Then the information exploded all at once. Seeking knowledge is what everyone wants to know about how coins are produced and how coins are created. So this is how the term blockchain was discovered.

Back to the topic, there is a difference between the currency circle and the blockchain. The currency is just an extension of the blockchain, and the blockchain is the underlying development structure of the currency. Blockchain uses code architecture to build a data distribution architecture similar to a spider web. The information in each link is a storage node, which is different from the previous centralized information storage centers. If you want to modify one of the links, other storage information nodes do not allow it, and you cannot modify the underlying information. This kind of storage center Optimized information distribution is theoretically safer and has better information flow. Just like a house, the framework determines the layout of the house and the comfort of lighting. The principle of building the code architecture is also critical. The specific architecture of the blockchain There is currently not much reference information to what extent the utilization value can be achieved, but large companies have begun to make plans. Judging from the current popularity of the currency circle, the financial attribute field of blockchain is more attractive than other fields. .

The development prospects of the future blockchain are certain. If you want to understand the prospects of the blockchain field, you still need to have a deeper understanding of what the big guys in the current blockchain field are doing. For example, a certain investment giant What are V people doing using blockchain? The direction they are taking has set the benchmark for the development of this field to a certain extent.

I still advise that there are risks in certain coins, so do it and cherish it.

The prospects are great

Blockchain is called the next generation of disruptive core technology, and some scholars believe it will redefine the world. Our government also supports blockchain technology. All its codes are transparent and each personal information is stored on a separate chain. Compared with the current leakage of personal information, the emergence of blockchain will effectively solve this problem. Question, secondly, there are many other applications of blockchain, private messages that need to be understood!

The current public misunderstanding about blockchain is mainly due to the state’s jurisdiction over digital currencies. The emergence of digital currencies has greatly threatened legal tender. The state has no control over this uncontrollable currency. Supported! However, if digital currency can be effectively popularized in the future, this decentralized currency will be even better than legal currency in terms of security and cost.

Based on the above personal opinions, if you are interested in blockchain and digital currency, please feel free to discuss in private!

Judging from the current situation, it is relatively simple for major Internet companies to test blockchain application functions and is still in its infancy. The real potential application space of blockchain (finance, government affairs, medical care, etc.) is still huge, and it will take time to slowly explore it. In the short term, it does not yet have the conditions for large-scale implementation. However, recently, major Internet companies have frequently deployed blockchain technology, which has played a positive role in cultivating and promoting blockchain in my country's market. Especially in the A-share market, it has attracted strong attention from investors. China Merchants Securities believes that through the conduct of major Internet companies, the audience of blockchain will gradually expand from niche players to the general public.

The current trend is good.

1. Distributed ledgers improve social efficiency.

2. Certain industries can reduce the need for intermediaries.

3. The development of storage and computing performance may bring more industry opportunities.

Bitcoin can solve these problems, and Bitcoin is BSV.

To be honest, the prospects are very good! If you want to talk about digital currencies like Bitcoin, I think the prospects are not great now. Firstly, because mining is now very difficult and it is basically difficult for individual users to mine it, but because the volatility is too high and the water level is too high. Deep down, investment is basically about losing more and making less. The money that can be made is miners and exchanges.

But blockchain is different. Blockchain is a technical and knowledge-based thing. It can be used in many aspects, such as shopping transactions, transportation and logistics, finance, insurance and many other aspects. It can be applied. Not many banks are now cooperating with Internet companies to develop blockchain.

Therefore, blockchain should have good application prospects in the future, mainly because the technology itself has many advantages and has a wide range of applications.

Blockchain definitely has development scenarios! Whether in finance, insurance, shopping transactions and many fieldsAll can be applied to blockchain technology. And due to the advantages of the blockchain itself, decentralization, asymmetric encryption, etc. are a good way to solve the current trust problems in people's production and life. The future prospects of digital currency may not be great, but I think blockchain has huge room for development.

Qianzhan believes that China’s blockchain market will maintain rapid growth, with a compound annual growth rate of 73% in market size from 2021 to 2026. The market size in 2026 will reach US$16.368 billion, and in the next 20 years , China’s blockchain industry market size is expected to reach the trillion level.

China’s blockchain industry market is developing rapidly

From 2017 to 2020, large IT Internet companies have deployed blockchain, start-ups have entered a blowout mode, and the industry scale has continued to expand. According to IDC According to the data, China's blockchain industry has experienced changes from a market size of US$85 million in 2017 to an industry scale of US$561 million in 2020.

In terms of the number of enterprises, in 2020H1, my country provided blockchain professional technical support, products, solutions and other services, and the number of new blockchain enterprises with input or output reached 303, a year-on-year increase of 274.07 %.

China’s blockchain patents account for a large proportion of the world, and the industrial aggregation effect is beginning to show.

From the perspective of the global competition landscape, my country’s competitive advantages in the blockchain industry are relatively obvious. Judging from the number of patents, according to data from the "Global Enterprise Blockchain Invention Patent Ranking in the First Half of 2020" released by the world's authoritative third-party intellectual property agency IPRdaily and the incoPat Innovation Index Research Center, the TOP 100 companies mainly come from 14 countries and regions. , China accounts for 46%, followed by the United States accounting for 25%.

As an important carrier for the development of blockchain industrial clusters, local governments are accelerating the construction of blockchain industrial parks. Judging from the location distribution of industrial parks, there are a large number of blockchain industrial parks in cities such as Beijing, Shanghai, Hangzhou, Guangzhou, Chongqing, Qingdao, and Changsha, forming a Bohai Rim agglomeration effect dominated by Beijing and Shandong, with Zhejiang and Shanghai , the agglomeration effect of the Yangtze River Delta dominated by Jiangsu, the agglomeration effect of the Pearl River Delta dominated by Guangdong, and the agglomeration effect of Hunan, Guizhou, and Chongqing dominated by Chongqing and Hunan. In the future, China's blockchain industry is expected to accelerate development relying on the aggregation effect.

The blockchain financial field is the most widely used

my country's blockchain industry applications are mainly distributed in finance, supply chain, traceability and hardware, accounting for nearly 65%. According to the "Blockchain Blue Book: China Blockchain Development Report (2019)", there are nearly 28,000 blockchain companies in the country. Among them, about 1,000 blockchain companies have been put into production, accounting for only 3.6%. They are mainly concentrated in developed eastern regions such as Beijing, Shanghai, Guangdong, and Zhejiang.

Future blocksThe market capacity of the chain industry is expected to reach the trillion level

Blockchain technology is a key direction for China’s new generation of independent innovation and breakthrough in information technology. It contains huge space for innovation in the fields of chips, big data, cloud computing and other fields. , innovation activities are becoming increasingly active, and innovation elements are constantly accumulating. The application of blockchain technology in various industries continues to deepen, which will give rise to a large number of new technologies, new products, new applications, and new models.

China focuses on accelerating the transformation of its economic development model, pays more attention to the improvement of economic quality and people's living standards, and uses new generation information technology, including blockchain technology, to transform and upgrade traditional industries and enhance the quality of traditional industries. Develop quality and efficiency, and improve the level of smart social management, public services and home life.

The huge market demand in the future will bring rare development opportunities and broad development space to blockchain technology. Researchers compiled and analyzed that China’s blockchain market will maintain rapid growth, with a compound annual growth rate of 73% in market size from 2021 to 2026. The market size in 2026 will reach US$16.368 billion, and in the next 20 years, China’s blockchain market will The industry market size is expected to reach the trillion level.

—— For more data, please refer to the "China Blockchain Industry Market Prospects and Investment Strategic Planning Analysis Report" by the Qianzhan Industry Research Institute

At present, the country also strongly supports the development of blockchain Technology is expected to be applied in various fields, so now some large companies, such as Tencent, Alibaba, NetEase, and the Internet are involved. It is still in the development stage, and we can look forward to the future

Blockchain Economy It cannot be simply understood as various virtual currencies. The essence of blockchain is to solve the problem of authenticity, confidentiality and non-tampering of information. (Everyone participating is a recorder of information, and everyone is only a part of the entire information chain. Ring) It more effectively solves the problems of privacy and integrity, so its application scenarios and prospects are broad and promising. (But it should not become a paradise for scammers)

『二』 Is btm currency valuable?

BTM currency is valuable.
BTM is the native token of Bytom, with a total amount of 2.1 billion. Simu’s distribution share is 7%, 1CO’s share is 30%, and the Bytom Project Foundation has reserved 20%. This part is 1CO All will be frozen within one year after the end, and will be unfrozen in installments over four years, with 5% unfrozen each year. In addition, 10% is reserved for Bytom’s commercial development, and the remaining 33% is Bytom’s mining share. Judging from the distribution data, it is relatively reasonable and planned, and the mining distribution output is halved every four years, and there will no longer be new rewards. This will reduce the number of mining every year, so the value of BTM originates That is, it can conveniently characterize and measure digital economic activities on the Bytom chain.
[Extended Information]
Token Economy:
BTM is the native token of Bytom, with a total amount of 2.1 billion, and Simu’s distribution share is 7%, 1The share of CO accounts for 30%, and the Bytom Project Foundation has reserved 20%. This part will be completely frozen within one year after the end of 1CO, and will be unfrozen in installments over four years, with 5% unfrozen every year. In addition, 10% is reserved for Bytom’s commercial development, and the remaining 33% is Bytom’s mining share.
From the perspective of distribution data, it is relatively reasonable and planned, and the mining distribution output is halved every four years, and there will no longer be new rewards. This will reduce the number of mining every year, so BTM The origin of its value lies in its ability to conveniently characterize and measure digital economic activities on the Bytom chain. Bytom coins represent both the ownership and the right to use the Bytom chain: applications that use the Bytom chain need to pay a certain fee with Bytom coins, which reflects the characteristics of the right to use Bytom coins; holding Bytom coins means owning Bytom coins. A part of the chain, equivalent to Bytom chain shareholders, can participate in the highest decision-making of Bytom chain governance, reflecting the ownership characteristics of Bytom coins.
Technological Innovation:
Unlike other public chain projects on the market, Bytom proposes a three-tier governance structure in the ICO project governance mechanism: financial budget management, information disclosure system, and investment risk warning. In addition, Bytom also focuses on the innovation of blockchain in the field of asset registration and circulation:
1. Realizing the dividends of income rights assets through side chain technology;
2. Using open data index | standards to Named assets;
3. Adopt PoW innovative algorithm that is friendly to artificial intelligence ASIC chips;
4. Scalable UTXO model.
If other public chain projects are like FPGA in the blockchain field, which emphasize the programmability and versatility of smart contracts and are suitable for different business scenarios, then Bytom is the ASIC of the blockchain, emphasizing smart contracts more. In terms of specificity in the asset field, many innovations have been made in terms of resource non-replicability, controllable anonymity, security and compliance based on the properties of assets.

『三』What is the value of blockchain and virtual currency

When we talk about value, we will naturally connect it to price. Indeed, price is an important data to measure value. . As a blockchain technology, the price of Bitcoin reached over 140,000 RMB when it was high. Now it has dropped by about 50%, but it is still as high as about 80,000 RMB.

At this point, you may have understood: if people do not have a common understanding of a thing and do not assign value to a thing, many things will not become "valuable" at all. ". Just like our understanding of air and food, they are necessary for our human life and survival! This is the "consensus". We all believe that these two are essential if we want to survive! Therefore, we can conclude that the essence of value is consensus. What is the consensus value of virtual currency? Most people believe that the essence of currency is not consensus, but the credibility and authoritative coercive power of the ruling government. This statement is not unreasonable. The government can only be one of the sources of value consensus, so what most people think is not comprehensive.. In our society today, our consensus on the value of things comes from many ways, such as: endorsement by authoritative institutions, corporate credit, religious beliefs, support from scientific theories....

『四』 As an ordinary person, how should you invest in digital currencies?

Go to mainstream exchanges to buy reliable digital currencies and sell them when you get a profit. Don’t be greedy. You can mine for free with your mobile phone.

『Wu』How to introduce the blockchain in 3 minutes in a simple and easy-to-understand manner, and what its commercial value will be in the future

There is a real joke, an engineer from Ant Financial, He wrote a blind date resume, and the job description in it was "code farmer", but no one clicked it for a long time. Later, he changed his work experience to "blockchain" and received 381 love letters at once.

From workers in high-tech industries to square dancing aunties, it seems that everyone is participating in the blockchain carnival. So what exactly is the seemingly mysterious blockchain? After reading the following content, you will have completed the journey from beginner to beginner.

1. What is blockchain?

To put it bluntly, the blockchain is "everyone keeps accounts together." Any database needs a big housekeeper to be responsible for "accounting" (maintaining the system and entering data). But after using blockchain technology, the concept of this "central steward" disappears, and each of us can participate in accounting. So the question is, whose record will ultimately prevail? Of course, it is the person who completes the work well and quickly. A system that strictly adheres to fairness will select this person based on the algorithm, write the contents recorded by him into the ledger, and send the contents of the ledger during this period to everyone in the system. of others to make backups.

2. What is so powerful about blockchain technology?

Any new thing must have unique advantages if it wants to develop rapidly, and the same is true for blockchain technology. First of all, blockchain technology ensures the security of the system. In the absence of a central steward, everyone is a defender of the home, which means that destroying some nodes has no impact on the system at all. Second, the recording process cannot be cheated. Everyone in the blockchain system has the same ledger, and the entire process is open and transparent. The system will determine the final result based on the opinions of the majority. It is difficult for an individual to hack into so many computers at the same time, and it is meaningless to just modify one's own results. Who would do such a thankless task? Third, and most importantly, the blockchain completely abandons the existence of "credit intermediaries". The credit intermediary is what we must go through when transferring money.Platforms, such as traditional banks, and now any two strangers can directly complete mutual trust transfers, and the efficiency has been improved not only a little!

3. What is the use of blockchain technology? ?

As mentioned earlier, the main advantages of blockchain are that it does not require intermediary participation, the process is efficient and transparent, the cost is very low, and the data is highly secure. That is to say, any industry that has needs in these three aspects can use blockchain technology. Here are a few examples:

In the banking industry, the use of blockchain technology is equivalent to updating a digital, secure and tamper-proof General ledger books. In fact, Swiss bank UBS and Barclays Bank in the UK have already begun experiments, hoping to use it as a way to accelerate back-end system functions and clearing and settlement capabilities. Some institutions in the banking industry claim that blockchain may reduce middleman costs by 20 billion.

In terms of car rental, blockchain also has great potential. A future customer selects the car they want to lease, entering it into the blockchain's public ledger; then, sitting in the driver's seat, the customer signs the lease agreement and insurance policy, while the blockchain updates the information simultaneously. This is a foreseeable future for car sales and car registrations.

In terms of medical and health care, blockchain technology allows hospitals, patients and all parties in the medical benefit chain to share data in the blockchain network, and Don’t worry about data security and integrity. This means more accurate diagnosis, more effective treatment, and an improvement in the health system’s overall ability to deliver cost-effective care.

Blockchain is not cold-blooded. It has been implemented in applications that are closely related to our lives. For example, the application of Ant blockchain ranges from public welfare, to mutual insurance, to traceability of product authenticity, to traceability of rental housing.

In 2018, blockchain will "return to the world."

Blockchain, do you really understand it? Since it says three minutes, let’s give a simple answer.

1. What is blockchain;

2. What are the benefits of blockchain;

3. What are the uses of blockchain;

4. Blockchain technology and existing problems;

Let’s first look at the first question: What is blockchain

Let’s look at it literally. Blockchain is called B in EnglishLockchain, this is a very good word, the English name is well chosen, and the Chinese translation is also very beautiful.

1. What is a "block"?

You can think of it as a record, or anything, which forms such a record during the production stage. This thing can be any physical or virtual object in the Internet of Everything.

For example, if you generate a Bitcoin, which is a thing, it actually corresponds to a block. This block is a record of what it is.

When you produce a bottle of medicine in the future, a block is actually generated when this bottle of medicine is produced. When it leaves the factory, it needs to be recorded once, and this corresponds to it one-to-one.

This is the first dimension.

To make it easier to understand, for example, each of us is born with a unique identifier, which is our DNA. All species in the world have different DNA. Every individual's DNA is different.

Your parents can name you Zhang San, Li Si, Wang Wu. These names can be repeated, just like a bottle of medicine, whether it is aspirin or penicillin, these can also be repeated. Famous. However, human DNA is different. Even if you have identical brothers and sisters, your DNA is different, so this is your unique identifier. And once your DNA is formed, it cannot be changed. This is a benefit of the blockchain.

2. What is "chain"? The chain is actually a process. You can think of it as a transaction process. After this bottle of medicine leaves the factory, it enters the warehouse from the workshop and passes through a certain door, and it will record the process.

Of course, this requires automatic computer recording, and the cost of human recording is too high. Then, packing is a process, and transportation to the cargo transfer station is another process. Then it is loaded into a car and transported to the wholesale station, which is the next process.

Every step of the process is recorded. It is a process to go from the wholesale station to the store, it is another process for the people in the store to receive this batch of medicines and put them on the shelves, and it is still a process for you to buy them. Finally, when the whole process is connected, you will have a way to track the entire process of this bottle of medicine and know its authenticity, because once this bottle of medicine is produced, it will be bound to the blockchain, as well as to people and people. The same is true for DNA binding, which cannot be changed, but it can be seen and tested.

The doctor can also determine whether this person is you by testing DNA. So in terms of nature, if we virtualize it, it is actually a smart contract. You have signed a sales relationship with one of your customers. Once this happens, it cannot be changed. Then everyone can only execute it. This execution process is the same as the tracking of drugs I just talked about.

Second question: What are the benefits of blockchain?

1. FromMathematically speaking, it is very beautiful. It changes from the past that you had to own something before you could know its properties to one where you don't own it, but you can learn many details about it by asking questions.

Mathematically speaking, this is a perfect asymmetric situation. You can tell whether it's true or false, but you can't change it.

2. Theoretically speaking, blockchain is very safe. For example, if you participate in the process of a bottle of medicine, others cannot see this information. When you buy this bottle of medicine, you can know where it comes from, but others cannot.

For the same reason, for example, if we sign a contract, others can verify the contract. If you go to a bank for a loan, he can ask you the amount.

However, he cannot obtain this contract, and he cannot steal this contract from your computer.

Blockchain also has some interesting properties. For example, a block chain can be divided into two at will, or several can be combined into one, etc.

3. Blockchain is transparent, which means that everyone abides by this algorithm and there is no special agreement in private. So, if you believe in this algorithm, it means you believe in me and believe that I didn't do anything fishy. I will not secretly do anything in the contract to make you suffer losses.

This is a beautiful place theoretically and mathematically.

In the third block, let’s take a look at the uses of blockchain

1. Bitcoin is a cryptocurrency, and the Ethereum currency that everyone uses now is also a cryptocurrency. Of course, you can make another one based on it, either Zhang three coins or Li four coins. As for whether it can replace the currency of the future, this is doubtful.

2. Financing, we used to divide financing into three stages: the first stage is to get a loan from the bank. If you want to open a restaurant, you need to mortgage something. The second stage is that you issue some stocks and I sell 10% of the stocks, so that I can obtain part of the funds.

The third stage is actually crowdfunding. For example, if I want to write a book, it may cost 50,000 yuan for the publishing house to publish it. If any of you can give me 50 yuan at the beginning, I will use it in the future. Once the book is written, give everyone a copy. You will get the book, and of course I will publish it. But there is a problem. For example, I sell this book for 100 yuan and you get it for 50 yuan. What if my book sells very well, assuming I sell 100,000 copies, but you don’t seem to benefit from me? what to do?

Is there a fairer way to measure everyone's contribution? One way is to issue a cryptocurrency (ICO). When the business we do becomes bigger in the future, you can benefit from it.

3. Smart contract, for example, signing a contract, smart contract in the futureThe contract can be like this. All the nodes in the middle are determined when the contract is signed. For example, if I build a house for you, decorate the house, and at what stage of the decoration, your payment must be given to me. If you accept it, there will be no problem. , the money was automatically given to me.

You can even sign with my supplier, which means that as soon as my money arrives in my account, I will give it to my supplier immediately. This will save many triangular debt problems in the future, including the problem of arrears to migrant workers.

Blockchain can also be used for property registration, car registration, etc. Of course, another great use is gambling. In fact, gambling is the most willing to adopt new technologies because it is closely related to money.

After talking about the benefits of blockchain, let’s take a look at the technology and existing problems of blockchain.

Today’s blockchain is basically the second generation and the first generation. It is the Bitcoin generation. It has many problems. It is not a platform, but is actually a specific application.

The second generation is represented by Ethereum. It is a platform on which you can issue your own coins, and it removes the concept of mining machines, so its transaction costs will be much lower. . The reason why ICOs are everywhere today is because with Ethereum, you can issue coins. Unlike in the past with Bitcoin, you had to completely copy its formula and copy it again. Today you are on Ethereum. , it is easy to issue your own currency, just like you can easily make your App on the Android operating system today.

There are three problems with Bitcoin transactions

1. The transaction delay is very long. I have asked people who specialize in Bitcoin transactions and the delivery time ranges from two hours to two hours. Days wait, so it is very inconvenient for you to use it to launder money. After the RMB is converted into US dollars, it may fall by 20% in two days, and you will lose 20% of your money.

2. It cannot be distributed. Like Bitcoin, a few people in the early days took away a lot of its shares, so how to distribute it in the future is also a problem. No one understands it clearly, so it is difficult to use it as a currency. a currency. Because if it really becomes a currency that everyone uses, it will be equivalent to the first few people taking away a large part of the world's property.

3. Transaction costs are high. For example, a cup of coffee at Starbucks in the United States costs $2.50 on average. You usually pay money at the counter, and the transaction time is only one minute. If you want to use Bitcoin, you have to wait two hours before you can get your coffee, and the transaction costs are extremely high, the electricity bill alone is $20. In other words, if you pay $2.50 for coffee, the transaction cost of electricity is $20, so this is unrealistic.

Blockchain has high risks. This risk is not only a technical risk, but also a policy risk. In fact, this is also an opportunity. Whoever solves this problem will get the opportunity. Its transaction costs are also high, so who can develop new underlying technologies?If you use this technology to reduce this transaction cost, you will make a lot of profits in the future.

Some people say it is the next generation of the Internet. I don’t agree with this, but it will definitely be a supplement to the Internet. Some people say whether it can subvert the central bank, but this is not certain, because there is no reason why the central bank or these big banks cannot do this themselves, so those who expect it to subvert the central bank may be too happy too early.

Perhaps in the end it was these large financial institutions in the past that used the blockchain to update themselves.

Talk in the vernacular and get useful information!

Literally, blockchain is blocks and chains, and some relationship between them. It is essentially a distributed accounting method and a network database system that cannot be tampered with.

The current development directions include digital currency, payment, smart contracts, defi finance, web3 and so on. It is still in the initial stage of development and is a back-end technology. Most projects are still speculating and financing.

Today's Afghanistan may be the best proof of the value of Bitcoin, and there is no problem with value storage

Blockchain is not just a technology, it is a way of trust transfer, value The way it is delivered may have huge potential in the future.

Keywords: block, chain, database, ledger, Afghanistan, currency speculation, value, technology, market

First, what is a blockchain? Blocks and chains are an accounting method and a form of network data storage.

Literally speaking, blockchain refers to blocks and chains. This block actually records the transaction records of the entire network, or the execution process result data of smart contracts, etc.

Every once in a while, the entire network will produce a block. This block records all transfer data, and the blocks need to be connected by some kind of "chain".

This chain is an encryption algorithm. Some information of the previous block is used to calculate and obtain some information of the next block. They are linked together. The latter block can trace back the previous block and needs to be modified. The next block must modify the previous block, all the way to the first block. Regarding the details of these issues, I have written many articles before. If you are interested, you can go back and take a look.

Blockchain is actually an accounting method, or a database storage method. Please pay attention to what I say below. The whole process is the operating mechanism of blockchain.

Each node in the entire network has the same status and runs the same program. This program is used to collect, encapsulate and package all transaction record data records that occurred in the entire network within a period of time. Then broadcast it to the entire network

Let’s take Bitcoin as an example. Once this packaging and encapsulation is completed, you can obtain the right to produce the block. A certain amount of Bitcoin can be issued every time a block is produced. Since all nodes in the entire network run the same program, there is noOne center to control everyone. Therefore, the currency issued is irrevocable and cannot be changed.

How to decide who has the right to make a block? This requires the use of the so-called consensus mechanism, which is to establish a rule and use who produces the block as the benchmark to solve the problem of network consistency. The mainstream consensus mechanisms include POW mechanism and POS mechanism. Proof of work and proof of stake. Proof of work, who does more work, and proof of equity, who stakes more assets

Pow means that everyone calculates a difficult mathematical problem together, whoever calculates it Whoever comes out has the right to produce the block. Pos means that everyone takes out their family assets as mortgage, and whoever mortgages more. It is possible to be selected as a block producing node.

The essence of this approach is that you have to pay a certain price and receive a certificate of investment, which essentially builds a kind of trust.

When all these tasks are completed, a block can be produced, and the block will be connected to the previous block one by one. This is the entire block sequence. Note that the entire blockchain world will produce many blocks, connected to one chain after another, but everyone only recognizes the longest chain, and short chains will be discarded.

To put it simply, each network node uses a program to package transactions within a period of time, and then connects the transaction blocks one after another and saves them in each node, but an encryption algorithm will be used in the process. Ensure that node information is not leaked, ensure that user information is encrypted, and ensure that the information in the block is not hacked or tampered with

Second, the block The current development of the chain, various projects and significance, at this stage are more about currency speculation, and there is no problem with value storage.

Blockchain has been developing for twelve or three years since the Bitcoin white paper in 2008. It has also experienced various evolutions and developments.

For example, now it has gone from being able to issue currency in a distributed way to now having huge functional expansion. The landmark event is the birth of the Ethereum smart contract.

I have explained many times that a smart contract is an automated contract signed by two or three parties. It will be automatically executed as long as the conditions are met. It is essentially a program with infinite possibilities and the judge in the blockchain world. Various functions can be input into the program, and the program exists. Blockchain has become rich and colorful.

Current blockchain applications mainly include the following aspects: smart contracts, payments, cross-chain assets, oracles, defi, web3 storage, etc. I will briefly mention two. Let’s take an example and talk about its commercial application.

For example, defi applications are quite popular on Ethereum now. Defi is decentralized finance. Abbreviation for decentralized finance.

Probablywhat does it mean? It is to move all financial-related businesses in real life, such as mortgages, insurances, and loans, onto the blockchain.

This field is very popular now, and the reason is simple. It is very suitable for blockchain. As I said, a smart contract on the blockchain is a contract. If the contract conditions are met, execution can be automatically triggered.

In the past, it might have been very troublesome for you to go to the bank to apply for a loan. You had to sign various signatures and verify them, and the bank might not be open on weekends and nights

But with blockchain The network operates 24 hours a day. If you want to run various assets on it and do various mortgage transactions, you only need to click and there is a software terminal.

Of course, the real assets will be frozen in the process and mapped to virtual assets. After the transaction is completed, they will be exchanged for real assets. Cross-chain technology and oracle technology may also be used in this process, which I have written in detail in other articles.

It roughly means cutting off banks through decentralization, and direct point-to-point transactions. The security of transactions is guaranteed by blockchain technology, code and cryptography.

There is also the current web3 storage class. For example, the leading project fil. His vision is to take out all the scattered hard drives. Break all the data and information that need to be stored on the network into small pieces

and then distribute them to the entire network. When we want to use network data in the future, we no longer need large network database or server. In this way, Internet giants cannot charge high service fees. There is no way to maintain a monopoly.

If you want to obtain stored information, just take a taxi online like dd. You pay for a taxi, so that information on the Internet can flow freely. Costs will drop significantly.

Of course, these visions are grand and huge, and the current blockchain development is still in its early stages. There are still some technical difficulties to be overcome and some underlying systems to be established, but there is no problem in this direction.

The original digital asset projects like Bitcoin have now been proven to be very safe. Just like this situation in Afghanistan, the first thing that comes to my mind is Bitcoin. He is the first violent and unplunderable asset.

Your house may be occupied and blown up, and your gold may be robbed. And if you have Bitcoin, it's much easier. He can't snatch this thing away, because the mnemonic phrase and private key are in your mind, and he doesn't even know whether you have this thing in your mind. If you want to pass it on to your child, just ask him to memorize the key and mnemonic phrase.

It is precisely because we are now in a stage of financing and bubbles that all the news you see on the Internet is still speculation.

Also, this thing is a back-end technology. For example, Guangdong Province already has blockchain invoices.There are already some blockchain apps based on judicial certification, but for you in the previous paragraph, you can’t feel it. There is an extra string of hash codes on the invoice, can you tell the difference?

This is why when it comes to blockchain now, everyone is speculating on coins, but in fact it has certain applications and future technical logic.

Third, it is essentially a mechanism of trust, a method of value transmission, and an exploration of social governance methods.

What is the essential value of blockchain? The most important thing is that it is a way of credit transfer. Because there is enough credit, real-life assets and property values can be spread on the Internet in the form of information codes.

Mainly in these aspects.

First, before Bitcoin, people did not know how to protect a piece of information, because information on the Internet can actually be copied. Bitcoin solves the problem of uniqueness of information assets. With scarcity, there is value in transactions and storage.

The second is decentralization and disintermediation. We used to do everything. All require some kind of intermediary. For example, when you borrow money, a bank acts as an intermediary, and when you buy a house, various institutions and real estate agencies act as intermediaries.

You cannot buy or sell directly. Because you don't have enough credit. We usually come to find a third party, but the third party is usually made up of people and may also do evil.

For example, the master who could whip five lightning whips a while ago. If he calls you all kinds of names at the beginning, you may be frightened. You won't know he is a liar until he is punched and lying straight there. This is human credit, which is unreliable

Blockchain ensures credit through code, cryptography, and consensus mechanisms. We no longer need a powerful third party. Note that this third party will often become a monopoly boss.

The third is to reduce the cost of coordination, communication and entry barriers.

If we want to become richer, we need to trade in the market. And transactions require coordination and division of labor. Essentially, the companies and organizations we work for are intermediaries.

You have to integrate your resources through this kind of intermediary, transform your labor force, your brainpower, and your ingenuity into final products and sell them on the market.

The smart contract technology of blockchain technology can break up these contracts in a decentralized manner. People in the market can combine freely to establish a new type of organization that is completely transparent and cannot tamper with the rules, which is a blockchain autonomous organization. The future of this kind of organization may be more promising than that of ordinary joint-stock companies.

You can join or quit an organization at will, and the trust between you and others has been resolved. You can cooperate with others and sign smart contracts to complete joint collaboration and complete a certain product. Instead ofWe are no longer worried that some big capitalist will take advantage of everyone and get the bulk of the profits.

So the Bitcoin blockchain is essentially a big social experiment, through the consensus mechanism, the decentralized decision-making method, and the distributed signing of smart contracts. Gradually and completely change the original appearance of our society. Restore the original ideal of market economy, peer-to-peer, direct transactions between people.

To summarize. Blockchain is a block of information connected together through an encryption algorithm. It is essentially an accounting method and a network data structure

Through decentralization, you can do finance, storage, and decentralize many things, but now it is still very In the initial stage, most projects are still in the stage of speculation, financing and concept development.

The value storage capability of the blockchain has been proven to be problem-free, very safe, and cannot be plundered by violence.

The essence of blockchain solves the problem of credit intermediary, and at the same time can reduce the cost for people to work together, lower the threshold for enterprise entry, improve social efficiency, make social transactions larger, and allow We are richer.

I recommend the book linked below, it is easy to understand. Like You Pump tells the history of the birth of blockchain, the underlying technical logic of blockchain, and some mainstream projects. Learn some knowledge about blockchain, feel more at ease, and no longer worry about whether it is a scam.

『Lu』The Current Situation of Virtual Currency in my country

Virtual currency can be defined as an electronic representation of monetary value, which can be created by private issuers, developers or founders. Organizational issuance, management and control. Such virtual currencies often come in the form of tokens, which may not be regulated in the absence of legal tender.

『撒』 How much do you know about "digital currency"

There is a big difference between the RMB digital currency and foreign Bitcoin. The emergence of RMB digital currency will greatly reduce China’s economic fraud crime rate.

There is no distribution center for Bitcoin. The only way to obtain Bitcoin is mining. I don’t know what the meaning of mining is. It consumes electricity and computer resources.

The RMB digital currency has a distribution center, and the issuance volume is controllable, which can effectively respond to violent fluctuations in the value of the digital currency. Digital currency is equal in value to the paper currency we issue.

The spread of Bitcoin must go through the Internet and cannot be separated from digital wallets.

The RMB digital currency can be traded offline. You only need to put two mobile devices together to conduct transactions.

The spread of Bitcoin is anonymous and cannot be traced.

The spread of RMB digital currency is an indiscretionName can be traced. Since it is traceable, digital currency crimes can be prevented to the greatest extent. If someone loses their digital currency and it is used by someone else, they can still track who used the money.

The control of Bitcoin is in the hands of private trading platforms at home and abroad. If financial risks occur, the central bank cannot control these trading platforms.

The control of the RMB is in the hands of the central bank. Once any risk situation is discovered, the central bank can take control in a timely manner.

Recently, the Agricultural Bank of China’s internal testing of the central bank’s digital currency DC/EP triggered heated discussions on the Internet. So, what exactly is digital currency? Today, I will give you a brief introduction.

1. Definition of digital currency

Digital currency can be understood as digital RMB, DC, Digital Currency, which is digital currency; EP, Electronic Payment, which is electronic payment. It is to replace cash by encrypted digital form with electronic payment function. In short, the essence of digital currency is electronic payment based on national credit.

The digital currency launched by the central bank does not refer to the digitization of currency under the existing monetary system, but the launch of a new encrypted electronic currency system based on new Internet technologies, especially blockchain technology. This is undoubtedly a Major changes in the market currency system.

2. Advantages of digital currency

Compared with cash, digital currency eliminates the need for physical banknotes, saving the manufacturing and storage costs of banknotes. At the same time, digital currency will also bring more convenience to people’s lives.

According to industry insiders’ predictions, the central bank’s digital currency will be realized based on the DC/EP personal wallet APP. Unlike our existing bank APP, DC/EP is independent of the existing account system and does not need to be bound to any bank account. However, industry insiders predict that the most likely way to achieve this is to set up independent digital currency units and accounts in the bank APP.

3. Differences from Alipay and WeChat Pay

In terms of user experience, although digital currency is similar to Alipay and WeChat Pay, they all use mobile phones for payment. However, using the central bank’s digital currency to pay is actually the same as using cash; Alipay and WeChat Pay still use bank cards bound to individuals. It is understood that when using digital currency, no network or bank account is required. As long as the mobile phone is equipped with a DC/EP digital wallet, the transfer function can be realized by touching the two mobile phones. It is called "dual offline payment" for both parties. ". From a long-term perspective, issuing digital currency is also a shortcut to the internationalization of the RMB. At the same time, digital currency can also meet people's anonymous payment needs, while Alipay and WeChat payment must be real-name payments. More importantly, the two have different credit bases and different effectiveness. The central bank’s digital currency is legal tender and has national credit.WeChat Pay and Alipay are just payment methods, behind which are bank commercial credit. Digital RMB does not need to be bound to any bank account and gets rid of the control of traditional bank accounts. In other words, if an institution or individual does not accept Alipay or WeChat payment, there is no legal problem; but it is illegal to refuse users to pay with digital currency.

4. Digital Currency Trial

According to the central bank’s disclosure, the promotion of digital currency will be divided into two phases. By the end of 2019 A small-scale scene closure pilot will be implemented on a large scale in Shenzhen in 2020. At present, the digital renminbi has been undergoing internal closed pilot testing in Shenzhen, Suzhou, Xiongan, and Chengdu. Although the central bank’s digital currency has been piloted in many places, the central bank disclosed that this does not mean that the digital currency has officially landed. Industry insiders said that because digital currency is a substitute for cash and involves complex management and operation systems, it currently does not have the conditions to be promoted nationwide.

5. The development prospects of digital currency

Digital currency should start from replacing banknotes and coins in circulation with digital currency, but it does not want to replace all RMB. The balance in a commercial bank account actually already exists in digital form, and there is no need to replace it. In other words, we can replace 100 yuan of cash in circulation with digital currency equivalent to 100 yuan. Even if the central bank's digital currency DC/EP is launched, digital currency will not be able to completely replace cash for a long time, and the two will coexist for a long time. Digital currency can be used as a supplement to the payment method for people's daily consumption. China's move towards a "cashless society" is a long-term process and cannot be achieved overnight.

In layman’s terms, digital currency is a kind of virtual money. If we really want to define it, it is a virtual special product that can measure the price of general commodities.

1. The emergence of digital currency. The production of digital currency uses an information digital technology called blockchain technology. No printing is required, it is generated directly through the information network, no resources such as paper are consumed, and the production cost is low. Since it is produced without paper, it is not easy to be counterfeited.

2. Functional attributes of digital currency. It has three functional attributes of general currency: first, it can measure the price of general goods or services; second, it can be used to purchase goods and services; third, it has credit.

At the same time, there are three unique characteristics of digital currency: First, it is virtual and has no entity. Although the digital format can be seen, it cannot be touched; second, it is decentralized. What's the meaning? It has two meanings: first, in theory, its production and distribution are not controlled by any unique individual or institution, and are self-operated, avoiding the perceived control of goods.currency or currency system; secondly, all transaction records are not recorded in a central management place, but are recorded on multiple nodes of the currency system. In this way, it is difficult for any individual or institution to tamper with and destroy transaction records, thereby avoiding the occurrence of financial crimes; The third is high anonymity. This means that both parties to the transaction can conduct transactions without knowing each other's identity, which can effectively protect personal privacy or meet the needs of people who require anonymous payments.

3. Advantages and disadvantages of digital currency. The advantages are that production does not consume resources, the cost is low, it is easy to carry and store, and it is not easy to be damaged; it is relatively safe and difficult to imitate; the payment can be contact-free and uses digital payment to avoid the spread of germs; the disadvantage is that it needs to run in a digital information network and cannot be used alone There is no feeling when using it. It is not suitable for the elderly and children.

4. The unique characteristics of my country’s central bank’s digital currency. The central bank’s digital currency is my country’s upcoming digital currency and is currently undergoing pilot internal testing in Suzhou, Chengdu, Shenzhen and Xiongan. In addition to the characteristics of all digital currencies, it also has its own unique characteristics: First, it will be issued and managed by the People's Bank of China. It is legal currency, has national credit, and is indebted to the state. This is different from ordinary digital currencies. We said earlier that general digital currencies are not issued and managed by a unique center, but for a country's legal currency, if there is no unified issuance and management by the country, it will be chaotic, so it still needs to be issued and managed by the central bank. ; Second, electronic payment can be made directly. The English abbreviation of the central bank's digital currency is DC/EP, where DC refers to digital currency and EP refers to electronic payment. Judging from the internal beta chart, it has functions such as scan code payment, remittance, collection and payment, and touch, which means that you can directly use digital currency to purchase goods or services. In addition, Pengpeng can also make payments without the Internet.

5. In addition, my country’s issuance of central bank digital currency is of great significance to the internationalization of the RMB, because my country is likely to be the first country in the world to launch a digital currency. , will gain the upper hand internationally. At the same time, the central bank's digital currency will be circulated together with banknotes and coins after its launch, so those who like to use cash don't have to worry too much.

First, the timeline

In 2014, the central bank established a special research group on legal digital currency;

In 2016, a digital currency research institute was established based on the original group;

In June 2018, Shenzhen Financial Technology Co., Ltd. was established;

In August 2019, the central government issued a document to launch digital currency research and mobile payment pilots in Shenzhen;

On October 28, 2019, almost at the same time as Xiao Zha’s third hearing, Mr. Huang Qifan, Vice Chairman of the China Center for International Economic Exchanges, made it clear that the ChineseThe People's Bank of China is likely to be the first central bank in the world to launch a digital currency;

On October 29, 2019, at the "2019 Bund Financial Summit", DCEP made its debut;

On April 3, 2020, the central bank stated that it would "unswervingly promote the research and development of legal digital currency";

On April 10, 2020, a relevant person from the central bank pointed out that "with regard to digital currency, the central bank is following the The original plan is being advanced in an orderly manner";

On April 14, 2020, the central bank's digital currency DCEP took the lead in internal testing at the Agricultural Bank of China;

On April 16, 2020, the central bank's digital currency It was the first to be implemented in Xiangcheng District, Suzhou, replacing banknotes in paying "wages", and at the same time launching a digital service export base.

Currently, as the first country in the world to launch digital currency, our country has taken the lead in future competition. The road is long and the journey is far-reaching.

First of all, it is an abstract logical transmission chain: blockchain - digital currency - RMB internationalization

First of all, when it comes to blockchain, everyone knows that blockchain is The underlying technology, the three core advantages of blockchain:

1. Decentralization, reducing links and improving efficiency.

2. Openness and transparency are conducive to mutual supervision and supervision.

3. Non-tamperability, ensuring the authenticity of transactions. On the one hand, digital currency is decentralized. A and B no longer need to go through banks to transfer money. Banks will assume other important functions, improve efficiency and save costs. At the same time, they can strengthen financial supervision and combat financial crimes. Last year the Politburo collectively studied blockchain, you know!

Next is the application scenario of blockchain. With the continuous development of technology, the application will inevitably accelerate in the future. At this stage, everyone is familiar with Bitcoin. Since central banks of various countries do not have the right to issue it, At the same time, Bitcoin has not been real-named, so it has not been recognized. The idea can be transformed. If it has the right to issue and can be transparently supervised to regulate the money supply of society, then the digital currency based on the blockchain will have a different impact on traditional currencies. A profound revolution, with the emergence of digital currency, the future is really not far from saying goodbye to paper money.

From a long-term perspective, the most important step is the internationalization of the RMB. At this time, the digital currencies launched by sovereign countries can be understood as starting from scratch without the US dollar, impacting the US dollar global settlement SWIFT system, breaking the The U.S. dollar's monopoly on international trade settlements and reshaping the international currency settlement system are largely a matter of national destiny!

Returning to the capital market, the concept of national will must be a gimmick. It has been speculated once before. Now if we consider it sustainable, there are certain logical flaws at present. Although the central bank strongly promotes digital currency , but the current level is a state action, and there are too few companies that have truly benefited from the A-share market, so there is one less fundamental support.News stimulation is indispensable over and over again, but you have to work hard to choose one.

At the same time, there are three unique characteristics of digital currency: first, it is virtual and has no entity. Although the digital format can be seen, it cannot be touched; second, it is decentralized. What's the meaning? This has two meanings: first, in theory, its production and issuance are not controlled by any unique individual or institution, and are self-operated, avoiding the thought of controlling currency or monetary systems; second, all its transaction records are not records. In a central place of management, it is recorded on multiple nodes of the currency system. In this way, it is difficult for any individual or institution to tamper with and destroy transaction records, thereby avoiding the occurrence of financial crimes; third, high anonymity. This means that both parties to the transaction can conduct transactions without knowing each other's identity, which can effectively protect personal privacy or meet the needs of people who require anonymous payments.

4. The unique characteristics of my country’s central bank’s digital currency. The central bank’s digital currency is my country’s upcoming digital currency and is currently undergoing pilot internal testing in Suzhou, Chengdu, Shenzhen and Xiongan. In addition to the characteristics of all digital currencies, it also has its own unique characteristics: First, it will be issued and managed by the People's Bank of China. It is legal tender, has national credit, and is indebted to the state. This is different from ordinary digital currencies. We said earlier that general digital currencies are not issued and managed by a unique center, but for a country's legal currency, if there is no unified issuance and management by the country, it will be chaotic, so it still needs to be issued and managed by the central bank. ; Second, electronic payment can be made directly. The English abbreviation of the central bank's digital currency is DC/EP, where DC refers to digital currency and EP refers to electronic payment. Judging from the internal beta chart, it has functions such as scan code payment, remittance, collection and payment, and touch, which means that you can directly use digital currency to purchase goods or services. In addition, Pengpeng can also make payments without the Internet.

5. In addition, my country’s issuance of central bank digital currency is of great significance to the internationalization of the RMB, because my country is likely to be the first country in the world to launch a digital currency and will gain an upper hand internationally. At the same time, after the central bank’s digital currency is launched, it will be circulated together with banknotes and coins.It is widely used, so those who like to use cash don’t have to worry too much.

To put it simply, the People’s Bank of China’s digital currency is the electronic version of the RMB.

Speaking of digital currency, everyone’s first reaction may be Bitcoin or Facebook’s planned launch of Libra.

However, unlike these so-called digital currencies, the digital currency to be launched by the People's Bank of my country has national credit endorsement and can be said to be the electronic version of the RMB. Therefore, the People’s Bank of China’s digital currency is legally compensable.

More importantly, with state endorsement, the value of the People's Bank of China's digital currency will be more stable. However, the so-called virtual currencies such as Bitcoin cannot guarantee the stability of the currency value, and it is common for them to be "cut off".

From the perspective of usage scenarios, the People's Bank of China's digital currency does not pay interest and can be used in small-amount, retail, and high-frequency business scenarios. It is no different from paper currency. At the same time, all current regulations on cash management, anti-money laundering, and anti-terrorist financing should be followed when using it.

What are the benefits of digital RMB?

Low issuance costs and more convenient transactions...

RMB cash-based payments, transactions, anti-money laundering, etc. are becoming more and more difficult to manage in modern society, and the costs are also increasing. high. The issuance of digital currency can effectively solve the above problems.

At the same time, the Chinese version of digital currency does not need to be bound to any bank account, getting rid of the control of the traditional bank account system.

In addition, when the network signal is poor, the payment functions of online banking and payment platforms are often paralyzed, and DC/EP's dual offline technology can ensure that in extreme cases, like using banknotes, , using the People’s Bank of China’s digital currency. For example, in the absence of a network, as long as two mobile phones equipped with DC/EP digital wallets touch each other, the transfer or payment function can be realized.

Popularize professional knowledge on digital currency

Digital currency is a currency that exists in digital form and records value attribution and realizes value transfer based on the network. The IMF officially defines it as "a digital expression of value."

The digital currency issued by the central bank is referred to as DCEP.

The concept of digital currency is very broad, and blockchain-based (non-legal) encrypted digital currency is only one of them.

『八』What is the significance of virtual currency

Significance: Bitcoin was first proposed by Satoshi Nakamoto on November 1, 2008, and was launched on January 3, 2009. was officially born. The open source software designed and released based on Satoshi Nakamoto's boring ideas and the P2P network built on it. Bitcoin is a P2P form of virtual encrypted digital currency. Point-to-point transmission means a decentralized payment system.
The value of Bitcoin:
1. As a virtual currency, BitcoinThe amount is limited, but it can be exchanged into the currencies of most countries, which is the current maximum value of Bitcoin. 2. Bitcoin can be used to recharge and purchase equipment in the game. In the virtual world, the value of Bitcoin is greater than real currency.
The significance of Bitcoin:
1. The designer’s original intention was to build a free, non-centered, and orderly world of currency transactions. The emergence of Bitcoin realized the designer’s idea.
2. The time used for Bitcoin calculations is infinite, but human life is limited, which maintains the long-term and eternal development of Bitcoin to a certain extent. 3. Cryptotechnology ensures the security of Bitcoin and is also well utilized and packaged.

Extended information
1. The principle of Bitcoin:
Unlike real currency, Bitcoin does not rely on the issuance of a specific monetary institution. It is generated through a large number of calculations based on a specific algorithm. Judging from the nature of Bitcoin, it is a special solution generated by some complex algorithms. Each special solution can solve the equation and is unique. After cracking it, it is equivalent to owning this special currency.

2. The definition of virtual currency is very simple, it refers to non-real currency.
Virtual currency has the following categories:
1. Game currency. Yes, you heard it right, currencies that can be traded in online games can also be called virtual currencies. However, the currency in stand-alone games cannot be called virtual currency because it cannot be connected to the Internet for market transactions with other players.
2. Website currency. Some websites launch currencies that can be used to purchase website value-added services. For example, Tencent’s Q coin.
3. Electronic wallet. WeChat payment, Alipay, etc. are commonly used by everyone.
4. Blockchain currency. Everyone is relatively unfamiliar with the blockchain, Ethereum and FIL, which I often talk about.
3. Are all the above currencies legal?
The answer is that they are all legal currency. But don’t rush to draw conclusions yet. Although they are all legal currencies, they are still far from “legal tender”. Take blockchain currency as an example. The country has listed blockchain currency as legal property. On September 28, 2019, Hainan established the Wuzi Block Center. Block Center is led by Huobi Group. According to reports, digital currency is also the main driving force for my country's economic growth, and the country has also affirmed the technology of the block industry. The establishment of the block center is the first time that CCTV reports on the progress of virtual currencies.
Although there are currently many digital currencies that can be traded in the country, the vast majority of them are tokens used to collect money under the guise of blockchain. If you are interested in digital currency investment, you should try your best to invest in the top 20 currencies by market capitalization.