5g区块链虚拟币是真的吗,5g区块链真的假的

近年来，随着5G技术的发展，越来越多的人开始关注5G区块链虚拟币，那么5G区块链虚拟币是真的吗？5G区块链真的假的呢？

首先，5G区块链虚拟币是真的，它是一种新型的数字货币，可以在5G网络上进行交易。它是由特定的区块链技术和智能合约技术支撑的，可以更有效地管理数据和资源，更安全地支持交易。

其次，5G区块链真的假的，5G区块链是一个新兴的技术，它不仅可以应用于虚拟货币，还可以应用于其他领域，比如智能制造、智能健康、智能能源等，可以更好地支持和管理大规模的数据和资源，提高效率和安全性。

最后，5G技术的发展将给区块链技术带来更多的可能，5G区块链虚拟币也将得到更多的应用，5G区块链技术将在未来发挥更大的作用，为社会发展提供新的动力。

请查看相关英文文档

⑴ There are many online trading platforms. We do not recommend buying coins on such trading platforms.

Currently, all digital currency trading platforms on the Internet are informal. It is recommended that Investors are cautious. I can only say that the digital currency model is too professional. Maybe for many people, the current digital currency market can still be invested. However, I personally have a different view, that is, whether it is before or in the future, the digital currency The bubble is still very big, and formal bubbles cannot be borne by funds in the domestic market. Many countries have been suppressing cryptocurrencies recently.

Because these countries all know that if the potential of digital currency is not controlled, there will inevitably be many uncontrollable economic crises in the future. There may be many people who do not know the impact of digital currency on society. However, as an investor for many years, the high returns of digital currency have made many novices realize it to a new level. I personally dare not speculate that in fact, the future digital currency may be equivalent to WeChat and Alipay, so Unexpectedly, the real beneficiaries of digital currency should be foreign banks and large commercial banks.

The above questions are my personal thoughts. If you have other thoughts, you can comment or discuss them below.

⑵ What kind of currency is ALGO5L? Is it a real virtual network currency?

This is a real virtual currency. The so-called real existence here means that it is a virtual currency. Currency, this virtual currency really exists in real life, not that it is currency in real life. The number of virtual currencies that have appeared in the past two years has increased rapidly, and there are many that you may have never heard of.

It can be said that the current trend of virtual currencies has gradually passed. Many foreign capital groups are gradually withdrawing from the market, which means that the value of these virtual currencies is not as high as before. It turns out that when the price of Bitcoin exceeded the $50,000 mark, many virtual currencies emerged and their prices rose rapidly. However, as the popularity of Bitcoin gradually receded, the prices of more and more virtual currencies also dropped. This thing will not happen in the future. It is a complicated and confusing thing, and the risk is very high, even greater than the risk of playing stocks. It is still not recommended for ordinary investors to touch it.

⑶ What is blockchain mining and what does it do? Detailed introduction to blockchain and virtual currency

When Bitcoin was first released, people discovered that it was decentralized and not It is controlled by any center; it is completely open, except for the encryption of transaction information, the entire system information is highly transparent, and the technology is open source; security, as long as you cannot control %51 of all nodes, you cannot modify the data arbitrarily, which makes it relatively safe ; Independence, the entire model and Bitcoin do not rely on any third party, all nodes verify and exchange data within the system without any intervention

Here we explain in detail what blockchain technology is, to put it bluntly It’s block + chain, so what is “block”? What is a "chain" again?

DistrictA block is a ledger. Transaction accounting is completed by multiple nodes distributed in different places, and each node records a complete account, so they can all participate in supervising the legality of the transaction and can also jointly testify for it

Each block contains the encrypted hash of the previous block, the corresponding timestamp, and transaction data (usually represented by a hash value calculated by the Merkle tree algorithm). This design makes the block Block content is difficult to tamper with. Distributed ledgers connected by blockchain technology can effectively record transactions between two parties and permanently verify the transaction.

The function of the hash function h(): convert a string of any length into a fixed-length (for example, 256 bits) output. The output is also called a hash value. This output is irreversible

It is difficult to find two different x and y such that h(x) = h(y), that is, two different inputs, There will be different output. Theoretically, two different inputs may have different outputs, but this is almost impossible. For example, if an infinite space is mapped to a finite space, there must be a many-to-one situation. The theory exists, but there are no rules. It is guaranteed that you cannot find this result through any mathematical inference. Why is it 256 bits here? Isn't it longer? Because 256 bits are secure enough.

Split the ledger into blocks. For example, a piece of paper in a book is a block. Each block records transactions within a period of time, such as 10 minutes.

We divide Each piece of paper is compared to a block. A part of content is added to each block. We call it a block header, which records the hash value of the parent block. Each block stores the hash value of the parent block. , connect all blocks smoothly to form a blockchain

Record the hash value of block 1 to the block header of block 2. In this way, the block header of each block is recorded The hash value of the parent block, each block is linked in order, this is called a blockchain. The first block has no block header and is also called the genesis block

The blockchain is a ledger. Only when transactions occur in the ledger will the money in your account increase. If you need to make a transaction, you first need an account number and password. Just like your bank card has an account number and password, others can make a transfer to you. The account password on the block ledger is the public key and private key

Lao Wang (who already has a private key and a public key) wants to transfer 10 BTC to Zhang, which requires some operations

It is proved that Lao Wang himself issued the transfer signature function Sign (Lao Wang’s private key + Transfer information: Lao Wang transferred 10 BTC to Zhang San) = signature of this special account
The verification is that Lao Wang himself issued the transfer verification function Verify (Lao Wang’s addressAddress + transfer details: Lao Wang transfers 10 BTC to Zhang San + signature of this transfer) = true
Once the transfer is recorded in the block, no one can change it. Zhang San will increase by 10 BTC, and Lao Wang will decrease by 10 accordingly. For BTC, the entire operation is automatic. For example, your wallet app will help you do this. The app knows your private key, you tell the wallet the transaction content, and the wallet signature is announced to the entire network, waiting for others to verify this. Transaction

Centralized accounting will be more efficient. Banks, governments or Alipay will keep accounts for you, which is very reliable, because they cannot touch your money unless they have your private key

There are some shortcomings in centralized accounting

In decentralization, everyone can keep accounts, and everyone can keep a complete ledger. Anyone can download open source programs, participate in Bitcoin's p2p network, monitor transactions sent from all over the world, become an accounting node, and participate in accounting. Suppose Xiaoyi releases a transaction and broadcasts it to the entire network, and accounting node A listens. When this transaction arrives, A verifies that the transaction bit is true and puts it into the transaction pool to continue to spread to other nodes. Because it is spread through the network, the transaction pools of different accounting nodes are not necessarily the same at the same time. Every 10 minutes, from all accounting nodes Among the nodes, select one according to a certain method. After verifying that the transaction of this node is true, then compare the transaction records in the transaction pool of this selected node with the transaction records in the transaction pool of your own (A) node. The comparison is completed. After that, the transactions recorded by the selected accounting nodes will be deleted from the transaction pool, and the other accounting nodes will continue to record and wait for the next selection. There is a cycle every 10 minutes. During this 10 minutes, all accounting nodes will record accounts normally. , 10 minutes later, a node will be selected to use the transactions in its transaction pool as a new block. This block comes from the transaction pool of an accounting node I randomly selected among all the accounting nodes, and the cycle continues

A transaction is not completed once it is recorded. Only when the transaction becomes a certain block, the transaction is truly completed. This is a complete accounting process of decentralization. Your transaction will not be recorded immediately because the p2p network propagation takes time. If the node of the selected block has not received your transaction, the transaction will be not done. A block is generated every 10 minutes, but not all transactions within 10 minutes can be recorded. 10 minutes is just an average value

Due to the characteristics of decentralized accounting, accounting nodes with accounting rights will receive a 50BTC reward every ten minutes, which is about the same for every 210,000 blocks. In 4 years, the reward is halved. Bitcoin has been halved twice since its issuance. Then a new block is generated every ten minutes. The reward for this accounting node is 10.5 BTC. If it is halved every 4 years, the total number of BTC can be calculated. The amount is approximately 21 million, and it is expected to be mined in 2040. The reward for recording a block is also less thanThe only way to issue bitcoins. After BTC is mined, the only income the accounting nodes can obtain is the transaction fees

The accounting nodes compete for accounting rights through questions,

< p> Find a certain random number that makes the equation invalid
SHA256 hash function (random number + parent block hash value + transaction in the transaction pool) a certain specified value)
Traverse the random number starting from 0 There is no other solution except luck. The process of solving the problem is also called mining, so the accounting node that solves this problem is also called a miner. The faster you traverse the random numbers, the more likely you are to get the accounting right. The greater the accuracy, this traversal speed is called computing power by mine bosses. In order to obtain this computing power, mine bosses will buy more mining machines with higher computing power

Who will be first? Whoever solves the problem correctly will get the accounting rights. Accounting node A is the first to find the solution, which is announced to the entire network. After other nodes verify that it is correct, node A obtains the block, gains 12.5 BTC, and restarts a new round of calculation after the new block. This method is called (POW) allocating accounting rights

It usually takes about 10 minutes to solve this random number. 10 is not absolute, because the process of solving this problem is a process of luck. In response to changes in computing power in the future, Bitcoin will increase or decrease the difficulty every 2016 blocks, about two weeks, so that the average block generation time is ten minutes

Each block contains The encrypted hash of the previous block, the corresponding timestamp, and the transaction data (usually represented by a hash value calculated by the Merkle tree algorithm) are included. This design makes the block content difficult to tamper with. Distributed ledgers connected by blockchain technology can effectively record transactions between two parties and permanently verify the transaction.

Different from traditional stored data, each node of the blockchain stores complete data according to the block chain structure. Each node of the blockchain is independent and has equal status, relying on The consensus mechanism ensures storage consistency, while traditional distributed storage generally synchronizes data to other backup nodes through a central node.

Mahjong is a traditional Chinese blockchain project. A group of four miners work together. The miner who first collides with the correct hash value of 13 numbers can obtain the accounting rights and be rewarded.

Many people say that blockchain is a scam and Bitcoin is a scam. This may be a scam, but this technology has been widely recognized and applied. The cryptography knowledge involved in blockchain can only be used by ordinary people. Even if you don’t understand it, the most important thing is to look at the problem from a relatively rational perspective. Don’t let the wind be the rain.

There is something incredible about this technology. It maintains absolute order without a center or supervision. This only requires the trust established by everyone's consensus. BitcoinThis consensus is created, and everyone is fair and equal in the world of blockchain.

⑷ What is blockchain? Blockchain is virtual currency

Let me tell you about blockchain in a simple way. There is no need to use any advanced professional terms, because That's too difficult to understand. Let me give you an analogy to make sure you understand it at a glance.

Chinese mahjong can be understood as blockchain. If the four of you ABCD are going to play mahjong, who will say hello? If A greets, then A is the initiator of this block. A is responsible for finding the mahjong parlor. Organizer A can invite BCD, or B can invite C or C can invite D. It doesn't matter.

abcd gathered in a mahjong parlor and started playing mahjong. The process of shuffling the cards in the mahjong machine, drawing cards, and playing cards by abcd can be understood as a mining stage similar to Bitcoin in the blockchain.

Everyone has different cards, which is equivalent to the algorithm in the block, but there is a goal, and they are all for the purpose of cheating. Among them, A cheated, and bcd said nothing. , everyone knows at a glance that A has won. This is called the consensus mechanism in the blockchain.

A is messed up. After A knocked down the mahjong, bcd all know how A got confused and remember it in their hearts. If A wins 10 yuan, both AbCD and A will know that A wins 10 yuan. , this is called distributed accounting in the blockchain.

Everyone who plays mahjong knows what mahjong arrangement can be used, and everyone also knows what cards can be doubled, so this can be understood as a smart contract in the blockchain.

Everyone knows the final winning card of A after A is knocked down. No one can tamper with this result because everyone is watching it. This can be understood as the immutability of the blockchain. sex.

After A announced that he was cheating, everyone did not go to another person, such as E, F, G... to verify. The same was true after B won... no regulatory agency can control it They all manage themselves. This is the decentralization in the blockchain.

By analogy, the four buddies abcd played mahjong for a day, and abcd recorded the winning and losing of each game, no matter what method they used, whether it was brain memory, video recording, or notes. Well, the more they fight, the more they can reflect the immutability, decentralization, distributed accounting, and consensus of the blockchain...

At this point, you Now you basically understand what blockchain is, isn’t it very simple?

The second question is that blockchain is not a virtual currency. Virtual currency is just a part of blockchain technology.

Many people think that virtual currency is the blockchain and Bitcoin is the blockchain. This is actually wrong. It’s just that the fame of Bitcoin has brought blockchain into the public eye.

Satoshi Nakamoto invented Bitcoin using blockchain technology, and he willBitcoin is defined as a peer-to-peer electronic cash system. The term "electronic cash" indicates that what Satoshi Nakamoto wanted to invent was not just a payment system, but a currency system with an independent currency philosophy.

Today’s hotly-hyped virtual currencies, as well as mining, are resisted by many departments and countries. The fundamental purpose is not to waste resources, electricity, etc., but because people with blockchain technology Virtual currency has subverted traditional finance and can easily cause the collapse of traditional finance. I have talked about this in my previous Q&A, so I won’t go into details here.

It can be said that Satoshi Nakamoto and the Bitcoin he invented are the pioneers of the blockchain. It was Satoshi Nakamoto who brought blockchain technology into everyone’s field of vision. Blockchain technology is still widely used in finance, medical care, service industry, big data security...

Let’s talk about this big data. As we all know, the recent Didi incident due to big data security The impact is still quite large. If decentralization in blockchain technology is used, personal data can be obtained and saved through the blockchain. How can there be data leakage? In today's society, with the advancement of science and technology, as long as you use your mobile phone to connect to the Internet, you have no data security. Your personal information has already been leaked completely, so blockchain technology is inevitable for social progress. trend.

Let’s talk about blockchain. I hope you can learn something from it. You can also pay more attention to blockchain technology and improve your cognitive level. (Personally coded by hand)

Blockchain is a distributed storage solution.

Virtual currency is a supporting reward mechanism to promote this plan.

The blockchain is decentralized, so there will be no IDC computer room or centralized data center. The storage of all data is theoretically fragmented. This requires a reward to attract others to join the project, and this reward is virtual currency.

In theory, blockchain can form a dynamically stable and decentralized cloud-like computing resource provision channel.

Bitcoin is the earliest blockchain application, while Ethereum is a second-generation blockchain that can support on-chain applications. The hardware resources required for these applications are provided by miners, so they must be paid Miners pay a certain fee, and the common currency used for this fee is Ethereum.

The biggest attraction of blockchain is decentralization. In theory, applications on the chain will not disappear. No cloud containers will be lost, no data centers will be blown away by typhoons, and there will be no An organization can decide whether it stays or goes.

However, the reality is that there are still a lot of problems in on-chain applications, such as high latency, imperfect infrastructure, the reward-based miner attraction mechanism has not accelerated the on-chain speed as expected, and the virtual currency has prospered alone. Centralization returns to centralized exchanges, and other issues. There is also the inflow of black money, which is making thisEmerging industries are fraught with uncertainty.

But from a technical perspective, blockchain technology is indeed the next generation of computer application technology.

Blockchain is a technology, a distributed and decentralized technology that can be applied to storage. Blockchain is not a virtual currency. Virtual currency is just a digital currency made using blockchain technology. Now, for example, the relationship between blockchain and digital currency is like, for example, if you build a dapp application mall on a certain chain, then you A token related to this mall can be issued.

The real connection between blockchain and virtual currency

What we are pursuing now is the application of blockchain technology. You develop a public chain and build many shopping malls, finance, defi, real estate, and tourism on this public chain. Such a dapp, this public chain has value, and then the tokens issued by this public chain have value, just like the current Ethereum, pi network

There are too many on the Internet now The so-called "blockchain digital currency", when we look at virtual currency, we look at what problems the public chain it is on can solve and what value it has, rather than blindly hype it. I think blockchain is the underlying technology. I think we only know The surface of blockchain.

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Author: Leng Leng's point of view

Block Chain is a technology, and virtual currencies like Bitcoin are products of applications on the blockchain. There are many video explanations on my homepage.

Blockchain is a technology, and virtual currency is a product produced by applying blockchain technology.

Bitcoin brought out blockchain technology, making people who don’t know why think that Bitcoin is equivalent to blockchain.

What is blockchain?

Every computer (mobile phone) is a block, which is connected through the Internet to form a blockchain.

Different from the traditional Internet, for example, when playing Douyin, each of us requests the Douyin server, and the Douyin server gives us the video. Everyone who plays Douyin cannot do without the Douyin server, and the Douyin server is our center. There is no center in the blockchain. Everyone (each block) is a server. When a block generates new content, everyone will be notified and everyone will save the new content to their own server. Each block saves The content is the same. If a new user (block) joins, it needs to synchronize the data on the blockchain and update the data to its own server first.

The advantage of blockchain is that it can ensure data security and cannot change the data. It is useless if you change one or two blocks of data. Once the blockchain data is synchronized, it will become the correct value. The traditional central server will not work. Hackers invaded the Douyin server, and all users suffered.

Disadvantages of blockchain are low efficiency. Blockchain requires synchronization of blockchain data for each block,New changes on the blockchain require simultaneous updates from users on the entire blockchain network, which is inefficient.

Blockchain is a computer model of distributed data storage, point-to-point transmission, and consensus mechanism. In simple terms, blockchain is a decentralized database. How to use this technology? Is the value reflected? Under the consensus mechanism, a technology such as blockchain is formed to give a specific token, which is BTC

Blockchain is a new Internet application technology that uses distributed storage, passwords The application of emerging technologies such as science, smart contracts, and consensus algorithms can be said to be a new data transmission method that innovates existing Internet protocols. At present, blockchain technology is constantly iterating

1. Blockchain 1.0, symbolizing the birth of Bitcoin; only with Bitcoin can the development of blockchain technology officially occur

2 , Blockchain 2.0, Ethereum decentralized application platform, Ethereum introduces the application of smart contracts, which represents the beginning of a new era of blockchain technology; now everyone can create projects on Ethereum, and in recent years Many good projects have been launched

3. Blockchain 3.0, DeFi opens the era of decentralized finance. DeFi projects use smart contract technology to realize various functions of traditional financial institutions, such as derivatives, Lending, trading, financial management, asset management, and insurance, etc. There are currently mixed reviews for DEFI, which will take time to verify

Although the blockchain originated from Bitcoin, just like the first computer when the Internet first appeared, Bitcoin is mainly used by miners. Mining rewards

Blockchain is a decentralized accounting method. Virtual currency is the product of blockchain.

⑸ Integration of the 5G era and blockchain

As online transaction methods such as Alipay and WeChat payment gradually enter all aspects of our lives, we can boldly predict that digital currency is the future

The state supports the application of blockchain technology in business value, such as reducing information exchange costs, protecting privacy, encrypting transmission, activating the economic system, transforming products to industrial models, etc. Blockchain is building a low-cost A new economic model of credit costs.

The so-called blockchain uses encryption to form a decentralized database jointly maintained by participants. Blockchain technology can promote the development logic of supply chain finance from "point" to "chain" and then to the "network" structure, forming effective data accumulation for industries and enterprises, and completing the construction of a credit system.

Devices that develop into 5G networks will have three different bandwidth options to avoid frequency overload. This means that for users who speculate in coins, more and better wallets will be allowed to appear. Or other categories of Bitcoin applications. In the future, 5G networks will be tens of thousands of times faster than existing 4G networks, which means download speeds will be greatly improved.Lift. For Bitcoin users, the blockchain data is synchronized in the blink of an eye.

The complementary relationship between blockchain and 5G provides new opportunities for the development of operators. Fully seize the opportunity and adopt a “two-pronged approach” in 5G technology application and blockchain technology innovation. Moreover, leveraging its leading position in the mainland communications industry, Eastspring Investment has obvious advantages in connecting technological innovation and industry applications.

Build a "defense line" for blockchain security

The core concept of blockchain is value transfer and credit mechanism. Blockchain technology has the characteristics of distribution, transparency, traceability and openness, and is suitable for promoting the flattening of social governance structure and the transparency of governance and service processes, thereby improving the credibility and security of government social governance data and promoting governance. Modernize capabilities.

Blockchain technology is not a panacea. In the future, only by integrating and developing blockchain technology with 5G, the Internet of Things, and big data can it continuously expand application scenarios and realize value. In this regard, Eastspring Investment, 5G and blockchain not only have both hands, but they are both very strong. EMB is working together to solve the implementation problem of blockchain technology. In the future, we will continue to build an open blockchain ecosystem, accelerate the in-depth integration of blockchain with cutting-edge technologies such as 5G, artificial intelligence, and big data, promote integrated innovation and integrated development, and lead the development of the industry.

The soon-to-be-listed EMB is a new attempt by Eastspring Securities Investment Trust Co., Ltd. based on the integration of 5G and blockchain technology. Its transaction security and ultra-fast speed are better than traditional blockchain Technology is more reliable. This is also the characteristic of the integration of 5G and blockchain technology

In the era of big data. At a faster speed, more and more comprehensive information comes in, and at the same time, unimaginable information data is generated. At the same time, network security will appear in front of people again and be taken more seriously by the world. It can be predicted that in the near future, blockchain technology combined with high-speed communication technology and security technology such as 5G will have a disruptive impact on big data, the Internet of Things, Internet finance and other fields.

⑹ How to identify and prevent online financial "blockchain, virtual currency" fraud and MLM schemes

According to incomplete statistics, there are more than a thousand MLM platforms in my country that use the blockchain concept. It can be said that from the "highbrow" to "the mud and sand", this kind of "old wine in a new pot" online fraud MLM has been enduring for a long time and is thought-provoking.

To sum up, these blockchain frauds are nothing more than these two common methods:

One is to "sell dog meat under the false pretenses" and conduct pyramid schemes in the name of "virtual currency" The truth. For example, for the FT coin on the Fcoin exchange, investors feel that this trading dividend model can be maintained. However, once no new people enter the market to buy it, it will be enough to cause it to collapse.

The other is the so-called "export to domestic sales". For example, in the "OneCoin" case involving a total amount of 1.6 billion yuan, the organization's MLM website and marketing model were both established by a Bulgarian organization., the server is located in Denmark. After my country banned ICOs and closed domestic virtual currency exchanges in accordance with the law, fraud organizations continued to defraud under the slogan of "export to domestic sales".

⑺ Bitcoin’s prediction: 5G + blockchain will change production relations

On March 11, 2021, heavy news came from the currency circle: The Weibo accounts of 3 major exchanges have been blocked!

Will Bitcoin stop here? !

Or perhaps, blockchain technology is coming?

01 Why not ban the exchange directly?

The answer is yes, because it cannot be banned.

The trading of these exchanges in China has been banned. The current trading platforms have been registered in some overseas countries and are officially legal trading institutions abroad.

Of course, Weibo is an Internet platform in China, and it is China’s own business to ban the “three” Weibos.

Some people in the industry believed in interviews with the media that the domestic policy prohibiting diverting traffic to overseas exchanges has actually not changed. Weibo accounts have been blocked before, but Huobi and Ouyi have always been fine. They are blocked this time, which shows that supervision has tightened.

Upon inquiry, as of press time, the Weibo accounts of Huobi founder Du Jun, Oyi CEO JayHao and Binance founder Changpeng Zhao have not been banned. .

02 Who are the 3 banned exchanges?

If it were not banned, many people would not know about the three exchanges.

At least, not all.

Huobi -

Beijing Huobi Tianxia Network Technology Co., Ltd. isA digital currency trading company founded by Li Lin in Beijing on December 18, 2013. On April 4, 2014, Huobi received tens of millions of RMB in Series A investment from Sequoia Capital, Wall Street’s top venture capital institution. In August of the same year, Huobi acquired the Bitcoin wallet "Quick Wallet" and the Bitcoin block query website QuKuai.com.

In September 2018, Huobi Group obtained a Japanese exchange license.

Ouyi——

Ouyi Exchange is a Bitcoin and other exchange The digital currency exchange was formerly called OKEx Exchange and later changed to OEX Exchange, where users can trade digital assets such as Bitcoin, Ethereum, and Litecoin. The founder is Xu Mingxing.

Ouyi Company was first registered in Malta. Meitu, a Hong Kong-listed company, invested in Ouyi in 2014. Recently, Meitu has purchased a large amount of digital currencies such as Bitcoin and Ethereum, which should have been placed in the mining pool or currency pool of the Ethereum exchange. Bitcoin has surged recently, and it is obvious that too many people are buying Bitcoin. , the exchange can’t say it has no goods, right?

Binance -

Binance is a global cryptocurrency exchange The institute, founded by Zhao Changpeng, provides users with safer and more convenient blockchain asset exchange services, aggregates global high-quality blockchain assets, and is committed to building a world-class blockchain asset trading platform that has provided services for more than 100 cryptocurrencies. trading platform. In September 2019, Binance’s US compliance trading platform was launched.

On January 29, 2021, Binance launched Binance Pay, which allows users to pay directly with cryptocurrency.

(The above information comes from information released by the Internet and official news media)

03 What did these three Weibo posts do?

What these three exchanges’ Weibos can do is attract traffic to their own platforms.

Then, the attracted netizens may download, register, and log in to their platform to engage in transactions. This kind of behavior has been banned by the government in the past two years. The first thing to be banned was TRON Weibo. At that time, Sun Yuchen invited Buffett to dinner and the publicity was relatively strong, so it was blocked. But Huobi and OuYi has been fine, and Sun Yuchen's personal Weibo has not been blocked.

Of course, no individual has been banned, that can only be said to be the case for the time being. Maybe it will be closed someday?

Take Sun Yuchen’s Weibo as an example. Although it has not been blocked, there is nothing on it. It was only posted on his birthday on February 21st. A "Today is my birthday, come and wish me" message.

This ban on the Weibo posts of "3 institutes" is just a repeat of the previous practice:

——Does not support diverting traffic to foreign trading platforms through the Internet.

Those platforms cannot be controlled domestically, but those that can be managed domestically cannot divert traffic to them. What’s more, the transactions brought about by diverting traffic are clearly illegal in China. How can I ignore it.

Some people say that when Chinese citizens trade on the platforms of those countries, it does not violate the laws of those countries; according to Chinese law, they are not prohibited by regulations in their own country. Those prohibited in foreign countries will not be punished; therefore, the transaction is neither illegal nor a free space.

You know, the State Administration of Foreign Exchange is already planning to liberalize the personal convenience of exchange for overseas investment within the quota of US$50,000.

04 In the currency circle of Cao Ying and in the Han Dynasty

of the currency circle People (people who trade blockchain tokens) do all their transactions overseas. Although many of them are physically in China, they can be regarded as "being in Cao Ying and being in Han".

Individual citizens have been buying and selling stocks, securities or other commodities on overseas trading platforms for a long time, and it is considered a common occurrence. Most of the time, it will not happen. Being banned by any government - because it cannot be banned, and China has not explicitly banned it - after all, it is legal trading in foreign countries (trading of wild animals is prohibited). What is prohibited in the country is drainage.

According to insiders, for this kind of transaction, the money must first be deposited into the platform account, and then the trading instructions are given to the platform for buying and selling within the platform. In the absence of reciprocal open information, it is impossible for other governments to use the internal information of a country's trading platform to find out the content of transactions (there are really not many countries with global law enforcement like the United States). China will not exchange its trading platform information with other countries on a reciprocal basis, so it will notIt is possible to obtain information from a sovereign country’s trading platform.

Therefore, the Chinese government has only prohibited platforms from opening in China, and the prohibition on diverting traffic to overseas platforms should be considered an extension of the prohibition. Judging from public information, Chinese citizens are not prohibited from participating in overseas trading of stocks, funds, and Bitcoin.

05 Banning transactions and diversion is not banning the blockchain

China bans blocks chain token transactions, but blockchain technology is not prohibited. In the future, it is a basic consensus that blockchain technology will not only be positioned in wealth, but also integrate into the development of science and technology.

Pan Feng summarized the roles that blockchain has played so far into three categories.

The first category is verification. The entire certificate database in our country has reached billions. Verification is to solve how to ensure that the "certificate" is the certificate and "I" That's my problem. After the original offline identification and verification is moved online, it must become a smart contract. This kind of smart contract will place huge demands on the contract effectiveness of the government and the computing power of the backend blockchain.

The second category is the confirmation category. Although we are still in the midst of the epidemic, the judicial system, especially the courts in Beijing, has not delayed the judgment of some cases due to the epidemic. Many cases are confirmed through the Beijing Internet Court.

The third category is traceability. Various government service products in Beijing, including Health Code and Beijing Health Bao, do not collect the user's location. Many people will be concerned: Since my location is not collected, how do you know that I have been to high-risk areas? The reasons are roughly divided into several types. The first is that the user has made transactions in high-risk areas; the second is that the user’s bus tickets and air tickets in high-risk areas provide information. The Beijing Health Treasure front desk only obtains the user’s information. The human face makes sure that "you" is you and "I" is me. Health Treasure also provides data from the public security department. There are about 1,000 categories of backend data from the public security department. The data is gathered together through the blockchain, including the user’s entry and exit, bank, railway and other information. After these data are decrypted , only the ID number is provided to the government service platform, which is very stable and reliable data. The traceability category is to find the source through the existence of data and the occurrence of transactions.

06 Why didn’t 5G take off? Because the blockchain has not taken off

Have you noticed that the temperature of 5G, which was a hot topic in the past few years, has dropped significantly this year?

A very important reason why 5G has not continued to be popular may be because the blockchain has not been implemented.

According to media reports:

——“5G and blockchain can interact with each other. Empowerment." Lu Tingjie, a professor at Beijing University of Posts and Telecommunications, believes that the Internet of Everything pointed to by 5G cannot establish an effective profit model by relying solely on connections. "With trillions of connections, who provides services to whom? How to charge? This is The blockchain is needed to contribute, because the blockchain has a ledger for each node; however, the current accounting efficiency of the blockchain is relatively low, and the ledgers are stored on several servers in a distributed storage manner, forming large-scale concurrency. Communication and signal throughput are large, and the previous communication network capabilities cannot support it, and it takes a long time to store it once."

The main applications of 5G technology It brings faster transmission speed, which is actually a double-edged sword, greatly increasing network security risks. Blockchain technology is an effective means to improve security. In addition, the main users of 5G will be characterized by cloud computing, cloud storage, and point-to-point transactions. In other words, it is called distributed applications (distributed computing and distributed storage).

And what is blockchain? Distributed accounting.

So 5G and blockchain are natural partners.

At present, domestic blockchain technology applications have not yet been implemented, so although there are many 5G networks and mobile phones, related applications have not yet appeared intensively.

Yes, 5G not only means faster, but also means a completely different world and a completely different way of life. However, that is not what this article is about, we will talk about it later.

07 Blockchain is the key to the future

If 5G is The door to the future, then blockchain is the key to the future.

As we all know, in recent years, China’s huge changes began around 2014, with the introduction of WeChat and Alipay - mobile payment, mobile hotel booking, cell phoneTake a taxi.

Just such small daily things make us seem to enter a new world overnight - a more technological future world.

And we have only entered the lawn in front of this world.

At this moment in 2021, we are standing in front of the real door to the future world - 5G is this door.

Since China has built a large number of 5G base stations in the past two years, and basically all mobile phone brands have launched 5G mobile phones, it can be said that the door has been opened. A figure appeared before us.

Blockchain is the key to opening this door.

Behind this door is the real future technology world. It is no exaggeration to say that technology can really change our living conditions.

Perhaps, this disruptive change will only take a few months to complete!

I can reveal a little secret here (in official language): such as value, price, transaction and service methods...

Some people say that in the environment of 5G technology, blockchain will definitely promote productivity progress by changing production relations. I very much support this view.

This is also the reason why we can’t see those currency exchanges yet... the time has not yet come.

⑻ What is the value of blockchain and virtual currency

When we talk about value, we naturally It will be linked to price, and 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. virtual goodsWhat is the consensus value of the 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....