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区块链的数字货币有那些特点,区块链的数字货币有那些

发布时间：2023-12-07-04:43:00 来源：网络区块链知识区块货币数字

区块链的数字货币有那些特点,区块链的数字货币有那些

数字货币作为区块链技术的重要组成部分，其特点及拓展引发了广泛关注。区块链的数字货币具有去中心化、安全可靠、可追溯、可拓展等特点，其中最重要的拓展包括智能合约、去中心化应用（Dapps）和去中心化账本（DLT）。

1.智能合约：智能合约是区块链技术的重要组成部分，它是一种可以自动执行的计算机程序，可以用来实现各种规则和条件的自动执行。智能合约可以保证双方的交易安全性，并可以节省大量的中间费用，因此在金融服务、供应链管理和其他商业领域得到了广泛应用。

2.去中心化应用（Dapps）：去中心化应用是区块链技术的重要拓展，它是一种分布式的去中心化应用，可以利用区块链技术和智能合约来实现去中心化的数据存储和交易处理。去中心化应用不仅可以提高账户安全性，而且可以更有效地利用区块链技术，为用户提供更加便捷和安全的服务。

3.去中心化账本（DLT）：去中心化账本（DLT）是一种分布式的数据库，可以用来记录和管理交易数据，其中的数据可以在多个节点上同时存储和更新，从而实现去中心化的数据管理。DLT可以提高交易的安全性，减少交易的成本，提升交易的效率，并且可以支持多种货币类型，因此被广泛应用于金融领域。

以上就是区块链的数字货币的特点及拓展的介绍，智能合约、去中心化应用（Dapps）和去中心化账本（DLT）是区块链数字货币的重要拓展，它们可以提高交易的安全性，提升交易的效率，并且可以支持多种货币类型。

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❶ Which of the well-known digital currency platform coins are better?

1. Binance Coin: The total circulation of Binance Coin is 200 million, and the opening price is less than 0.7 Yuan, because BNB caught up with the 2017 bull market, the price once rose to more than 150 yuan, an increase of more than 200 times, and the current price has fallen back to around 80 yuan. Binance Exchange promises never to issue additional BNB and will use 20% of the platform’s net profits every quarter to repurchase BNB and destroy it.

2. Ham: Huobi’s platform currency HT, known as Ham in Chinese, is a points system based on blockchain issuance and management. The total circulation is 500 million, which is 2.5 times that of Binance. Different from BNB, HT does not use ICO or crowdfunding, but is given away through a recharge point card package, with the minimum cost being 1 US dollar.

3. GT: Gate platform currency GT was issued on April 8 this year, with a maximum increase of +109.78%. Overall, the circulation value and application of GT on Gate exchange The value is better than that of the emerging exchanges, but the deflationary value of the platform coins of the emerging exchanges is not inferior. New exchanges rely on their more aggressive buyback and destruction investments and execution efforts.

4. MX: Matcha currently has more than 2 million users, 200,000 daily users, and a daily transaction volume of more than 4.2 billion yuan. The monthly transaction volume has exceeded 77 billion yuan, making it a generous place. Get into the top 10 currency circles.

5. KCS: Before 1994, KCS gave away 88 KCS with real name. The highest price was about US$20, which can be regarded as a glorious past. In fact, KuCoin’s overseas promotion is quite good. You can check out their Twitter interactions. However, it is true that KCS was once brilliant, with a market value of tens of billions of yuan.

❷ What are the virtual currencies?

In fact, there are no legal virtual currencies in China. All currencies are illegal, but speculation in China is not illegal. The so-called "regular virtual currency" is nothing more than a more reliable stable currency, not an air currency. At present, there are many relatively reliable virtual currency types in China, such as Bitcoin, the originator of altcoins, Fuyuan Coin in the jewelry industry, and dogecoin, which focuses on small rewards. , in addition to Ethereum, Yuanbao, Kate, Quark, Infinite, Civilian and so on. However, although virtual currency sales are legal in China, it is illegal to conduct pyramid schemes under the guise of virtual currencies.
China's top ten virtual currencies
1. Bitcoin
Abbreviation: BTC
Bitcoin was born in 2009. It is a relatively scarce virtual currency, so the market has maintained a good The trend is very valuable for collection and recognized by many people.
2. Ethereum
Abbreviation: ETH
Ethereum, known as "Bitcoin version 2.0", is still widely used and can be bought and sold on many trading platforms.It is also a very popular virtual currency in recent years, with a good growth rate.
3. Bitcoin Cash
Abbreviation: BCH
Bitcoin was born in 2017. It can also be said to be a new version of Bitcoin virtual currency. It was started by a handful of Bitcoin developers and has the support of many people across the network. Its value is also relatively high.
4. Currency Securities Currency
Abbreviation: BNB
Binance was born in 2017. It is a very popular virtual currency that has appreciated very quickly around the world. It is issued by the Coin Stock Exchange. According to statistics, currently, the total amount of Binance is about 300 million.
5. Boca Coin
Abbreviation: Point
The reigning currency was born in 2015, 6 years ago. It is a platform token issued by the Polkadot platform and has maintained an upward trend in the market in recent years. It is one of the top virtual currencies in China.
6. Litecoin
Abbreviation: LTC
Litecoin was born in 2011, and its creation was inspired by Bitcoin. At present, Litecoin has a good market, occupies a certain market share, and is quite popular in many countries and regions around the world.
7. Ripple Currency
Abbreviation: XRP
Ripple was born in 2011 and is the only universal currency of the Ripple system. It has become very popular in recent years and has won the support and recognition of many small businesses. It is also of great collection value.
8. International Development Association currency
Abbreviation: ADA
Aida currency was born in 2015 and is affiliated with Cardano. Its main feature is fast transaction speed. According to statistics, there are currently 45 billion Aida coins, and its market value is in a leading position in the industry.
9.XTZ currency
Abbreviation: XTZ
This currency is a virtual currency officially born in 2014. It is the abbreviation of Tezos. It is still very famous and popular in China and is one of the top ten virtual currencies in China.
10. Link Currency
Abbreviation: Link
Coin was born in 2017, with the full name Chain LINK, and is one of the top ten virtual currencies. Headquartered in San Francisco, the United States, it is relatively well-known in the country and has good market value.
Attention to funds is an important indicator for evaluating virtual currencies. If Bitcoin had no financial attention, a few years ago 10,000 Bitcoins could only buy one pizza. Currently, to stand out among hundreds of complex currencies, you need to focus on a certain amount of money.

❸ What are the digital currencies?

As of July 18, 2020, Fanyu has a total of 5,740 global encrypted digital currencies, 23,280 trading markets, and a total market value of 1.89 trillion yuan. . The top five digital currencies are Bitcoin, Ethereum, Tether, Ripple, and BItcoin Cash’s current market value is 1.18 trillion, 182 billion, 64.2 billion, 60.3 billion, and 28.8 billion respectively.

Although cryptocurrencies such as Bitcoin and Ethereum still have a market worth trillions in the global market, because they are decentralized virtual currencies that are independent of national credit, in order to To prevent systemic financial risks, my country has been taking increasing actions to crack down on all non-legal digital currencies, banning ICOs, banning transactions between RMB and digital currencies, guiding miners to withdraw, and banning access to cryptocurrency transactions nationwide. website, etc.

❹ What are the blockchain digital currencies?

Bitcoin, Litecoin, Ethereum, Ripple, etc.

Blockchain is the core supporting technology of the digital cryptocurrency system represented by Bitcoin. The core advantage of blockchain technology is decentralization. It can realize point-to-point transactions based on decentralized credit in a distributed system where nodes do not need to trust each other by using data encryption, timestamps, distributed consensus and economic incentives. Coordination and collaboration thus provide solutions to the common problems of high cost, low efficiency and insecure data storage in centralized institutions.
The application fields of blockchain include digital currency, certificates, finance, anti-counterfeiting and traceability, privacy protection, supply chain, entertainment, etc. With the popularity of blockchain and Bitcoin, many related top domain names have been registered. , which has had a relatively large impact on the domain name industry.

❺ What are the virtual currencies on the international market

1. Bitcoin

The concept of Bitcoin (BitCoin) was first proposed by Satoshi Nakamoto in 2009 , the open source software designed and released based on Satoshi Nakamoto’s ideas and the P2P network built on it. Bitcoin is a P2P form of digital currency. Peer-to-peer transmission means a decentralized payment system.

2. Ethereum

Ethereum (ETH) is a digital token of Ethereum. It is regarded as "Bitcoin version 2.0" and adopts the same currency as Bitcoin. Different blockchain technology "Ethereum", developers need to pay Ethereum (ETH) to support the operation of the application. Like other digital currencies, it can be bought and sold on trading platforms.

3. Litecoin

Litecoin (abbreviation: LTC, currency symbol: Ł) is an online currency based on "peer-to-peer" technology. It is also an open source software project under the MIT/X11 license. It helps users make instant payments to anyone in the world.

Litecoin is inspired by Bitcoin (BTC) and technically has the same implementation principle. The creation and transfer of Litecoin are based on an open source encryption protocol and are not managed by any central authority. .

4. Dogecoin

Dogecoin, some people call it "Dogecoin/Dogecoin", was born on December 8, 2013. Based on the Scrypt algorithm, it is the second largest virtual currency in the world after Bitcoin in terms of number of users. currency.

Digital currency is a global currency initiated by the private sector. It does not belong to a certain country, but belongs to all mankind. It has the advantage of fast global transfer speed. For example, money can be transferred from China to the United States in a few seconds. The cost is low, and the total amount will not be issued at will like legal currency, and the total amount is relatively stable.

5. Yuanbao Coin

Yuanbao Coin is a virtual digital currency similar to Bitcoin. The founders of Yuanbao Coin are a group of Bitcoin enthusiasts and earliest supporters. However, after seeing the problems of Bitcoin, they decided to do their best to use the latest technology to develop an electronic currency suitable for Chinese people. .

6. Peercoin

“PPCoin was pre-released by SunnyKing on August 11, 2012 and officially released on August 19. The biggest innovation of PPCoin is that its mining method mixes PoW Proof of work and PoS equity proof methods, PoS mining method only requires ordinary computers and clients to process transactions and maintain network security, achieving the purpose of energy saving and security.

7. Kate Coin

KateCoin, referred to as KTC, is a virtual P2P digital currency that can be used globally. Point-to-point transmission means a decentralized payment system.

In support of KateCoin At the merchants where you are consuming, you can directly use Kate Coin for consumption payment.

8. Quark Coin

Quark Coin is based on 6 encryption algorithms (blake, bmw, groestl ,jh,keccak,skein) A virtual currency with 9 rounds of super-secure hash operation, 3 rounds of random hash function, and unique technical specifications.

9. Infinite Coin

< p>Infinite Coin (IFC for short) is an emerging digital currency. It has more circulation advantages than Bitcoin and fills the shortcomings of Bitcoin in the fields of commercial circulation and promotion of business operation.

Infinite Coin A transaction requires 3 confirmations, each confirmation takes 30 seconds, and the transaction confirmation speed is very fast. Since a Bitcoin transaction requires a total of 6 confirmations, which takes about 1 hour in total, the Litecoin transaction confirmation takes a total of 15 minutes, unlimited Coins are used in daily and common transactions, which are more realistic.

10. Populace Coin

Popular Coin, the English name is PopulaceCoin, or POC for short, was born on March 7, 2014 .The total number of POC is similar to the world's population (total 7.057 billion).

POC is a super secure hash operation based on 6 encryption algorithms (blake, bmw, groestl, jh, keccak, skein) and 9 rounds of operations , suitable for CPU mining, generating one block every 15 seconds, totalThe population is 7.057 billion (similar to the world’s population).

(5) What are the further readings of blockchain digital currency?

Virtual currency refers to non-real currency. Well-known virtual currencies include Internet coins of Internet companies, Q coins of Tencent, Q points, point coupons of Shanda, micro coins launched by Sina (used for micro games, Sina reading, etc.), Chivalrous Yuanbao (used for Chivalrous Road games) ), Pattern Silver (used in Bixue Qingtian game).

The popular digital currencies in 2013 include Bitcoin, Litecoin, Infinity Coin, Quark Coin, Zeta Coin, Barbecue Coin, Penny Coin (external network), invisible gold bars, red coins, and prime coins. There are currently hundreds of digital currencies issued around the world. The legends of "Bit Gold, Lite Silver, Infinite Copper, and Penny Aluminum" are popular in the industry.

❻ 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 anonymous and traceable. 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, digital goodsThe essence of 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, while 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. Digital currencyThe development prospects of digital currency

Digital currency should start from the replacement of banknotes and coins in circulation with digital currency, but it does not mean 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? 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; 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 being developed in Suzhou, Chengdu, Shenzhen andXiongan pilot internal testing. 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, clearly stated that the 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 "regarding digital currency, the central bank is advancing in an orderly manner in accordance with the original plan";

On April 14, 2020, the central bank’s digital currency DCEP was the first to be tested within the Agricultural Bank of China;

On April 16, 2020, the central bank’s digital currency was the first to be implemented in Xiangcheng District, Suzhou, replacing banknotes in issuing “wages”. Release 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 - peopleRMB Internationalization

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

1. Decentralization. Reduce links and improve 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. There are too few companies that have really benefited from the A-share market, so the fundamentals lack a support. News stimulation is inevitable, 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. This makes it difficult for any individual or institution to tamper with and destroy transaction records, thus 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, 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.

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 increasingly difficult to manage and costly in modern society. 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.