为广大币圈朋友提供币圈基础入门专业知识!
当前位置首页 > 区块链知识> 正文

区块链项目的代币总数有上限吗为什么,区块链项目的代币总数有上限吗

发布时间:2023-12-08-19:51:00 来源:网络 区块链知识 代币   区块   上限

区块链项目的代币总数有上限吗为什么,区块链项目的代币总数有上限吗

区块链项目的代币总数有上限吗,这是一个值得深入探讨的问题。有关区块链项目的代币总数有上限吗,我们可以拓展出三个关键词:代币供给模型、货币政策和通胀率。

一、代币供给模型

代币供给模型是指区块链项目在发行代币时,采取的发行模式。目前,主流的代币供给模型有恒定供给模型和通胀模型。恒定供给模型即限定总量,比如比特币,恒定供给模型的代币总数是有上限的,总量为2100万枚。而通胀模型则是持续发行,比如以太坊,通胀模型的代币总数是没有上限的,任何时候都可以发行。

二、货币政策

货币政策是指政府或者中央银行采取的政策,以控制货币的供给和需求,以达到经济发展的目的。传统的货币政策有货币宽松政策和货币紧缩政策,它们都可以影响货币的供给量,从而影响货币的价值。而在区块链项目中,货币政策也可以用来控制代币的供给量,从而达到控制代币总数的目的。

三、通胀率

通胀率是指物价水平持续上涨的程度,是衡量经济状况的重要指标。当通胀率较高时,货币的价值会下降,这就会导致货币的流通量增加,从而增加了代币的总数量。反之,当通胀率较低时,货币的价值会增加,这就会导致货币的流通量减少,从而降低了代币的总数量。因此,通胀率也是影响代币总数的重要因素。

从上述分析可以看出,区块链项目的代币总数是有上限的,其上限受到代币供给模型、货币政策和通胀率的影响。因此,要想更好地控制代币总数,就需要合理运用这些因素。


请查看相关英文文档

⑴ What are the requirements for the nature of tokens for blockchain projects to issue tokens in Singapore?

Since August 1, 2017, MAS has issued an opinion on ICO supervision. A formal statement document stating that ICOs that are not securities are not regulated. MAS clearly stated in the guidelines that if the issued tokens have security attributes, they can be regarded as shares or fund-raising investment activities, and will be subject to supervision by MAS according to the Securities Futures Act (SFA). Before the issuance of the token, it must be registered with MAS in advance, and during the issuance and trading process, it must comply with the relevant requirements of the Securities and Futures Law and the Financial Advisers Law, and submit a public prospectus, but in certain specific periods Under certain circumstances, the public prospectus may be exempted.

The "Digital Token Issuance Guidelines" issued by the Financial Supervisory Authority of Singapore (MAS) on November 14, 2017 clarified the scope of supervision: when digital tokens are capital market products defined under the Securities and Futures Act At that time, the issuance of digital tokens was regulated by MAS. In other words, if the digital tokens issued are not capital market products, they do not need to be regulated by MAS and only need to comply with regular requirements such as anti-money laundering.

MAS will examine the composition and characteristics of digital tokens to determine whether the tokens are capital market products. The guidelines list the following three digital tokens with obvious characteristics of capital market products:

Equity, which represents the ownership of a company;

Debt, which represents the It represents the token owner’s claim against the token issuer;

Collective investment plan, the token represents the equity in the collective investment plan.

If the token contains the above characteristics, the Singapore Securities and Futures Law and other relevant laws will directly apply to control the issuance of the token. The issuance of such tokens requires an offering prospectus that complies with the Singapore Securities and Futures Law and is filed with MAS ("Prospectus Requirements").

Requirements have been put forward for three types of intermediaries commonly used in the issuance of digital tokens.

ICO issuance platforms ("primary platforms"). Such platform operators must hold capital Market services license, unless exempted;

Service providers that provide financial consulting related to digital tokens. Such service providers must be authorized by companies holding financial consulting licenses, unless exempted;

< p>Digital token trading platform ("trading platform"), such platform must be approved or recognized by MAS.

Issuing tokens in Singapore requires a main company. Singapore companies are divided into ordinary companies and public guarantee companies. Generally, those who issue tokens on the blockchain will register a public guarantee company, which is more in line with convention and can issue I in the future.co compliance legal opinion letter.

The process of registering a Singapore public guarantee company, which is a Singapore foundation, is as follows:

1. Foundation name: English name (ending with FOUNDATION LTD.)

2 , ID cards of 3 directors are required (one Singaporean member is provided by Zhuozhi, and the other two are provided by themselves)

3. Business scope: 62019 Development of other software and programming activities n.e.c.

< p>62022 Software consultancy

4. Registered capital: No capital verification is required, the minimum is SGD 1, and there is no maximum limit.

5. Company secretary (Zhuo Zhi serves as a licensed secretary)

6. Singapore registered address (provided by Zhuo Zhi)

7. Registration time: 10-25 Working days

⑵ What is the market value of TRQ virtual currency?

It is relatively good in the virtual currency market

⑶ You have to know the operating principles and development of blockchain!


1. Why is there innovation in blockchain?
The starting point of the first generation of the Internet is the TCP/IP protocol, which implements a unified format for peer-to-peer transmission of information by all nodes on the network. Open code. However, the impact of such an uncomplicated innovation on mankind is epoch-making. It has programmed, agreed, and enforced the basic values ​​required by a unified global market: "freedom, equality, and fraternity." Then the STMP email protocol, HTTP domain name protocol, etc. were derived, achieving low-cost and high-efficiency global information transmission in a decentralized manner. As Alibaba Vice President Gao Hongbing said:
"The Internet is to eliminate the (information) supply chain that has very low value and high cost - it is open, interconnected, peer-to-peer, globalized, and decentralized."
We know: The essence of the market is also decentralized. It automatically executes the decentralized agreement of "equivalent exchange". Just as Nobel Prize winner Ronald Coase summed up: "The market economy is based on two On the basis of deep cognition: admitting ignorance and tolerating uncertainty." Adam Smith also described the market as: "the invisible hand"! Therefore, the market must require the low-cost flow of information decentralization, and the Internet has adapted to the global Under the general climate formed by the unified market, it turned out to be.
However, the first generation of Internet decentralized solved the problem of low-cost and efficient transmission of information, but it did not solve the problem of credit of information. Therefore, what the second-generation Internet must break through is: how to establish global credit in a decentralized manner so that value transfer can be carried out at low cost and with high efficiency.
So what are the problems with the original centralized credit system? As we all know: centralized credit, such as the legal currencies of various countries, has different credit values, and the clearing systems are also incompatible, giving the worldTrade adds significant costs. The current global credit system centered on the US dollar has a "Triffin Paradox" in its mechanism (the essence is that a country's legal currency cannot simultaneously resolve the conflict between its own economic interests and global economic needs). Therefore, in 2009, the Governor of the Central Bank of China, Zhou Ogawa called for the creation of a super-sovereign storage currency. In the same year, Satoshi Nakamoto disclosed the first-generation blockchain source code-"Bitcoin" online.
2. How does the blockchain system operate?
First of all, Satoshi Nakamoto knew very well that establishing a credit system for payment must solve the problem of preventing "duplicate payments", that is, no counterfeit currency can be created. The centralized credit system relies on state machinery to prevent counterfeit currency. What about "Bitcoin"? Satoshi Nakamoto's great innovation is to "timestamp" every transaction. There is a block (block: equivalent to a network account book) every ten minutes, and all network transactions for these ten minutes are correctly timestamped. The question is who will cover it? Satoshi Nakamoto did not assume that everyone on the Internet is Lei Feng. He agreed with Adam Smith: people in the market are greedy. He asked the so-called "miners" to compete for the accounting rights of these ten-minute blocks. The rules of the competition were to correctly record the accounting while solving the SHA256 problem. Who can prove that their computer has the fastest computing power (the so-called PROOF OF WORK mechanism), he can compete for the legal accounting rights of these ten-minute blocks and get a reward of twenty-five bitcoins. This is the so-called "mining" process. It is actually a decentralized credit process that establishes a network-wide ledger - the blockchain. Therefore, the more essential function of miners is "bookkeepers"!
Satoshi Nakamoto is here In its Bitcoin white paper, the process of establishing this credit system is described in detail:
Step 1: In order for the entire network to recognize it as valid, each transaction must be broadcast to each node (node: that is, the miner);
The second step: Each miner node must correctly timestamp each transaction in these ten minutes and record it in that block;
The third step: Each miner node must Compete for the legal accounting rights of this ten-minute block by solving the SHA256 puzzle, and strive to get a reward of twenty-five bitcoins (fifty bitcoins every ten minutes for the first four years, decreasing by half every four years);< br>Step 4: If a miner node solves the SHA256 puzzle of these ten minutes, it will publish all the timestamped transactions recorded in its ten-minute blocks to the entire network, and they will be checked by other miner nodes in the entire network;< br>Step 5: Other miner nodes in the entire network check the correctness of the block accounting (because they are also stamping the accounting at the same time, but they have not competed for the legal block accounting rights, so there is no reward), there is no error Finally, they will compete for the next block after the legal block, thus forming a single chain of legal accounting blocks, which is the general ledger of the Bitcoin payment system - the blockchain.
Generally speaking, each transaction must go through six block confirmations, that is, six ten-minute accounting, before it can finally be recognized on the blockchain.Legal transactions. The following is the accounting format of Bitcoin:
So the so-called "Bitcoin" is such a billing system: it includes the owner electronically signing with the private key and paying to the next owner, and then the entire network's "miners" "Time stamp the account and form a blockchain.
3. What are the innovations in Bitcoin’s blockchain finance?
Similar to gold, trying to establish decentralized credit on the global Internet may allow value to flow across the entire network at high speed and at low rates (currently each transfer The transfer rate is one ten thousandth);
The total amount of currency is agreed upon by the cryptographic protocol;
Compared to gold, digital currency is infinitely divisible;
The value of currency can be based on a large number of P2P transactions ;
Full transparency in financial management (every transaction can be traced on the blockchain).
Bitcoin’s blockchain network-wide accounting has established a market value of US$10 billion, the highest on the global Internet. Therefore, Wu Xiaoling, dean of Tsinghua PBC School of Finance, pointed out: The blockchain experiment established distributed credit, which is an upgraded version of Internet TCP/IP, upgrading from information transmission to value transmission;
4. Bitcoin’s blocks What are the inherent flaws of the chain system?
Bitcoin’s blockchain system has had successes since it was open sourced on the Internet in 2009, but it also shows some inherent flaws that are difficult to overcome:
The total amount cannot be adjusted at any time As the market situation changes, it will inevitably rise and fall sharply;
Mining is high-carbon. Only less than 1% of miners can compete for the accounting rights of blocks of less than ten minutes, and more than 99% of other miners participating in the competition have the computing power. Waste;
The annual inflation of about 10% has greatly increased the cost of the Bitcoin financial ecology, and even threatened her survival;
As a decentralized self-organizing DAC system, the operating costs of the accounting and issuance functions are too high high.
As a global payment system, its efficiency is far from meeting the actual requirements of global trade. The Bitcoin network currently confirms a maximum of 7 transactions per second. In comparison, Visa's network system can process 10,000 transactions per second at the fastest, and Alipay's record is 80,000 transactions per second on Singles' Day in 2014!
5. Block The development of chain technology 2.0:
As the 2.0 upgrade and development of blockchain, it first focuses on solving the high-carbon mining of Bitcoin accounting:
When we discuss how to overcome the high carbon of Bitcoin mining and accounting Professor Liu Taoxiong from the Tsinghua Institute of Economics pointed out that mining competition relies on computing power. In the end, only one company competes for the legal accounting rights, and the other 99% of the miner nodes are mined for nothing, which is a waste of resources. It is obviously unreasonable. If The whole network transparently knows the legal accounting rights of the next block, and it is randomly generated in the entire network, which eliminates the high carbon cost of competitive accounting! After hearing this, we all praised Professor Liu for his brilliant idea, because the second generation is now more successful. Coin NXT has this mechanism. Their white paper is called "Transparent Forging". However, the probability of the accounting rights going to someone is directly proportional to the NXT token holdings in each miner node wallet. This is called the proof of equity mechanism ( PROOF OF STOCK). Of course, this also triggered a debate about the unfairness of NXT’s distribution of tokens to early investment developers!
RIPPLE is a semi-decentralized blockchain solution that uses “trusted gateways” to conduct block operations. The credibility of chain accounting is based on the consensus ledger protocol that these gateways will not do evil at the same time.
The most ambitious attempt is Ethereum, which combines blockchain technology with Turing completeness, hoping to develop a basic platform that can support the construction of various blockchain systems in the future. The development of various credit currencies, digital assets, smart protocols and even financial derivatives. The system design is to unify blockchain accounting on the ETHERUM platform and be used by all developers. Maybe their official version will be released in the near future.
6. Possible applications of blockchain innovation in other fields:
Now, blockchain’s attempts to establish decentralized credit are no longer limited to the financial world, but have attracted attention from all fields of society, especially in At present, some of China's central credit institutions, such as the "Red Cross", are in a "collapse" situation. Blockchain can provide a new way of thinking and technical options for social management. The following are some new developments and related discussions we have learned about:
The combination of blockchain and the Internet of Things unifies digital assets and atomic assets, smooths the difference between consumer assets and cash assets, expands public credit, and accelerates value circulation; (IBM-Samsung)
Built on the blockchain Intellectual property protection system, accounting for the use of intellectual property across the entire network, and establishing a global advertising market;
Whether blockchain can provide technical support for the issuance of protocol-based cryptographic currencies by emerging economies along the Belt and Road;
Block Chain + cloud computing can develop into a decentralized self-media and community system;
Blockchain can build a decentralized equity crowdfunding system, allowing innovative projects to enter the circulation field in advance;
Blockchain can develop Develop a fully transparent financial management system;
Blockchain supports the establishment of a global decentralized corporate organization.
In short, in this era when credit has become a scarce resource, the technological innovation of blockchain, as a distributed credit model, provides new opportunities for finance, social management, talent evaluation and decentralized organization construction in the global market. All provide a broad development prospect.

⑷ Introduction to Ethereum Token Standard

The vast majority of blockchain entrepreneurial teams develop their own projects on Ethereum and use Ethereum The network issues its own tokens (Tokens), and the standards for token issuance need to comply with the Ethereum Token Standard (ERC-Token Standard). This article will help you sort out the various token standards of Ethereum.

What is the Ethereum Token Standard (ERC-Token Standard)?

Built on the Ethereum networkBlockchain project tokens need to comply with the following token standards: ERC-20, ERC-223, ERC-621, ERC-721, ERC-827. Among them, ERC is the abbreviation of Ethereum Request for Comments, which is literally translated as Ethereum Comment Request. It is a network command containing structured information. ERC-Standard is defined by the Ethereum community and is a rule for users to interact with the Ethereum network. But the standard itself is not static. Community developers can propose new standards defined by themselves, but this standard needs to be accepted by the entire Ethereum community before it can be applied to the Ethereum network.

⑸ What is the distribution principle of filecoin tokens and how is it distributed?

Filecoin tokens will be distributed to the four main participating groups in the Filecoin network. This distribution plan has also been written into the Filecoin protocol and recorded in the Filecoin blockchain genesis block. Each participating group is crucial to the creation, opening, growth and maintenance of the network:

1. 70% will be allocated to Filecoin miners (mining rewards), mainly used to maintain data storage and maintenance Blockchain, allocate data, run contracts, etc.;

2. 15% is allocated to Protocol Labs (original allocation, 6-year lock-in period) for research, engineering, development, business development, Marketing, distribution, etc.;

3. 10% is allocated to investors (lock-up period of 6 months to 3 years), mainly to provide funds for network development, business development, partnerships, support, etc.;

4. The remaining 5% will be allocated to the Filecoin Foundation (6-year lock-in period) for long-term network management, partner support, academic funding, public work, community building, etc.

The current distribution principle of filecoin is very beneficial to miners compared with other coins. The Interstellar Aoyun Mining Machine is the right time to be a mining machine dedicated to mining filecoin. I am personally optimistic about the IPFS ecosystem.

⑹ 108 essential knowledge points for getting started with blockchain

Author: Kong Lin

61. Trapped

Expect the currency price to rise, but unexpectedly the currency price falls after buying; or expect the currency price to fall, but unexpectedly the currency price rises after selling

62. Unwinding

After buying Bitcoin, the currency price fell, causing a temporary book loss, but the currency price rebounded later and the loss turned into profit

63. Going short

After selling Bitcoin because of the bearish market outlook, However, the currency price continued to rise, and I failed to buy in time, so I failed to make profits

64. Overbought

The currency price continued to rise to oneAt a certain height, the buyer's power is basically exhausted, and the currency price is about to fall

65. Oversold

The currency price continues to fall to a certain low, the seller's power is basically exhausted, and the currency price is about to rise.

66. Lure bulls

The currency price has been consolidating for a long time and is more likely to fall. Most of the short sellers have sold Bitcoin. Suddenly the short sellers pull up the price of the currency and lure the bulls. Thinking that the price of the currency will rise, they buy one after another. As a result, the short parties suppress the price of the currency, leaving the long parties locked up

67. Lure the short sellers

After the bulls buy Bitcoin, they deliberately suppress the price of the currency. , making short sellers think that the price of the currency will fall, and sell them one after another, and end up falling into the trap of bulls


68. What is NFT

The full name of NFT is "Non-Fungible Tokens", which is non-fungible tokens. Simply put, it is an inseparable copyright certificate on the blockchain. It is mainly used to confirm and transfer digital assets. The difference from digital currency is that it is unique. , indivisible, and essentially a unique digital asset.

69. What is the Metaverse

The Metaverse is a collection of virtual time and space, consisting of a series of augmented reality (AR), virtual reality (VR) and the Internet (Internet) Composed of digital currency, which carries the function of value transfer in this world.

70. What is DeFi

DeFi, the full name is Decentralized Finance, which is "decentralized finance" or "distributed finance". "Decentralized finance", as opposed to traditional centralized finance, refers to various financial applications based on open decentralized networks. The goal is to establish a multi-level financial system based on blockchain technology and cryptocurrency. As a basis, re-create and improve the existing financial system

71. Who is Satoshi Nakamoto?

72. Bitcoin is different from Q Coin

Bitcoin is a decentralized digital asset with no issuing entity. Q Coin is an electronic currency issued by Tencent. It is similar to electronic points, but it is not actually a currency. Q Coin requires a centralized issuing institution. Q Coin can only be recognized and used because of the credit endorsement of Tencent. The scope of use is also limited to Tencent's games and services. The value of Q coins is entirely based on people's trust in Tencent.

Bitcoin is not issued through a centralized institution, but it is widely recognized around the world because Bitcoin can self-certify its trust. The issuance and circulation of Bitcoin are jointly accounted for by miners across the entire network, and are not A central authority is also needed to ensure that no one can tamper with the ledger.

73. What is a mining machine?

Taking Bitcoin as an example, a Bitcoin mining machine isProfessional equipment that competes for accounting rights by running a large number of calculations to obtain new Bitcoin rewards is generally composed of mining chips, heat sinks and fans. It only executes a single calculation program and consumes a lot of power. Mining is actually a competition between miners for computing power. Miners with more computing power have a greater probability of mining Bitcoin. As the computing power of the entire network increases, it becomes increasingly difficult to mine bits with traditional equipment (CPU, GPU), and people have developed chips specifically for mining. The chip is the core part of the mining machine. The operation of the chip will generate a large amount of heat. In order to dissipate heat, Bitcoin mining machines are generally equipped with heat sinks and fans. Users download Bitcoin mining software on their computers, use the software to assign tasks to each mining machine, and then start mining. Each currency has a different algorithm and requires different mining machines.

74. What is quantitative trading?

Quantitative trading, sometimes also called automated trading, refers to the use of advanced mathematical models to replace human subjective judgments, which greatly reduces the impact of investor sentiment fluctuations and avoids extreme fanaticism or pessimism in the market. make irrational investment decisions. There are many types of quantitative trading, including cross-platform trading, trend trading, hedging, etc. Cross-platform trading means that when the price difference between different target platforms reaches a certain amount, sell on the platform with a higher price and buy on the platform with a lower price.

75. Blockchain asset over-the-counter trading

Over-the-counter trading is also called OTC trading. Users need to find their own counterparties and do not need to match the transaction. The transaction price is determined by negotiation between the two parties. The two parties can fully communicate through face-to-face negotiation or telephone communication.

76. What is a timestamp?

The blockchain ensures that each block is connected sequentially through timestamps. Timestamps enable every piece of data on the blockchain to have a time stamp. Simply put, timestamps prove when something happened on the blockchain and cannot be tampered with by anyone.

77. What is a blockchain fork?

Upgrading software in a centralized system is very simple, just click "Upgrade" in the app store. However, in decentralized systems such as blockchain, "upgrading" is not that simple, and a disagreement may even cause a blockchain fork. Simply put, a fork refers to a disagreement when the blockchain is "upgraded", resulting in a fork in the blockchain. Because there is no centralized organization, every code upgrade of digital assets such as Bitcoin needs to be unanimously recognized by the Bitcoin community. If the Bitcoin community cannot reach an agreement, the blockchain is likely to form a fork.

78. Soft fork and hard fork

Hard fork means that when the Bitcoin code changes, the old nodes refuse to accept the blocks created by the new nodes. Blocks that do not comply with the original rules will be ignored, and miners will follow the original rules and create new blocks after the last block they verified. A soft fork means that old nodes are not aware that the Bitcoin code has changed, and continue to accept blocks created by new nodes. Miners may work on blocks they have no understanding of, or validation of. Both soft forks and hard forks are "backwards compatible" to ensure that new nodes can verify the blockchain from scratch. Backward compatibility means that new software accepts data or code generated by old software. For example, Windows 10 can run Windows XP applications. Soft forks can also be "forward compatible".

79. Classification and application of blockchain projects

Judging from the current mainstream blockchain projects, blockchain projects mainly fall into four categories: Category 1: Currency; The second category: platform category; the third category: application category; the fourth category: asset tokenization.

80. USDT against the US dollar

USDT is Tether USD, a token launched by Tether that is against the US dollar (USD). 1USDT=1 US dollar, users can use USDT and USD for 1:1 exchange at any time. Tether implements a 1:1 reserve guarantee system, that is, each USDT token will have a reserve guarantee of 1 US dollar, which supports the stability of the USDT price. The unit price of a certain digital asset is USDT, which is equivalent to its unit price in US dollars (USD).

81. Altcoins and alternative coins

Altcoins refer to blockchain assets that use the Bitcoin code as a template and make some modifications to its underlying technology blockchain, among which Those with technological innovations or improvements are also called alternative coins. Because the Bitcoin code is open source, the cost of plagiarism in Bitcoin is very low. You can even generate a brand new blockchain by simply copying the Bitcoin code and modifying some parameters.

82. Three major exchanges

Binance

Okex

Huobi

83. Market software

Mytoken

Non-small account

CMC

84. Information website

Babbitt

Golden Finance

Coin World News

85. Blockchain Browser

BTC

ETH

< p> BCH

LTC

ETC

86. Wallet

Imtoken

Bitpie

87. Decentralized exchange

uniswap


88. NFT exchange

Opensea

Super Rare

89. Ladder

Bring your own, buy a reliable ladder

90. Platform currency

< p> Digital currency issued by the platform, used to deduct handling fees, transactions, etc.

91. Bull market, bear market

Bull market: rising market

Bear market: falling Market

92. Blockchain 1.0

A currency trading system based on distributed ledgers, represented by Bitcoin

93. Blockchain 2.0

The contract blockchain technology represented by Ethereum (smart contract) is 2.0

94. Blockchain 3.0

In the era of intelligent Internet of Things, beyond the financial field, it is Various industries provide decentralized solutions

95. Smart Contract

Smart Contract is a computer designed to disseminate, verify or execute contracts in an information-based manner The agreement, to put it simply, is an electronic contract set in advance, and once confirmed by both parties, the contract will be automatically executed.

96. What is a token?

The token economy is an economic system with Token as the only reference standard, which is equivalent to a pass. If you own Token, you have rights and interests, and you have the right to speak.


Big data is the means of production, AI is the new productivity, and blockchain is the new production relationship. Big data refers to a collection of data that cannot be captured, managed and processed within a certain time range using conventional software tools. It is a massive, high-growth and high-volume data set that requires new processing models to have stronger decision-making power, insight discovery and process optimization capabilities. Diverse information assets. Simply understood, big data is massive data accumulated over a long period of time and cannot be obtained in the short term. Blockchain can be used as a way to obtain big data, but it cannot replace big data. Big data is only used as a medium running in the blockchain and has no absolute technical performance, so the two cannot be confused. (The simple understanding of production relations is the labor exchange and consumption relations, the core lies in productivity, and the core of productivity lies in production tools)

ICO, Initial Coin Offering, initial public token issuance, is the first step in the blockchain digital currency industry. Crowdfunding. It is the most popular topic and investment trend in 2017, and the country launched a regulatory plan on September 4. Speaking of ICO, people will think of IPO, and the two are fundamentally different.

99. Five characteristics of digital currency

The first characteristic: decentralization

The second characteristic: having open source code

The third feature: independent electronic wallet

The fourth feature: constant issuance

The fifth feature: global circulation

100. What Call it decentralization?

It has no issuer, does not belong to any institution or country, and is a publicly issued currency designed, developed and stored on the Internet by Internet network experts.

100. What is measurement (scarcity)?

Once the total amount of issuance is set, it is permanently fixed, cannot be changed, cannot be over-issued at will, and is subject to global Internet supervision. Although the difficulty of mining and mining changes over time, the longer the time, the greater the difficulty of mining and the fewer coins that are mined, so it is scarce.

101. What is open source code?

The alphanumeric code is stored on the Internet. Anyone can find out the source code of its design, everyone can participate, can mine it, and it is open to the world.

102. What is anonymous transaction? Private wallet private?

Everyone can register and download the wallet online without real-name authentication. It is completely composed of encrypted digital codes. It can be sent and traded globally in real-time point-to-point without resorting to banks or any institutions. It cannot be traced by anyone without my authorization. ,Inquire.


A contract transaction refers to an agreement between a buyer and seller to receive a certain amount of an asset at a specified price at a certain time in the future. The objects of contract trading are standardized contracts formulated by the exchange. The exchange stipulates standardized information such as commodity type, transaction time, quantity, etc. A contract represents the rights and obligations of the buyer and seller.


105. Digital Currency Industry Chain

Chip manufacturers, mining machine manufacturers, and mining machine agents mine and export to exchanges for retail investors to speculate in coins< /p>


106. Who is Kong Lin?

Kong Lin: Digital currency value investor

Investment style: Steady




p>

107. Konglin Investment Strategy

Combining long-term and short-term, focusing on price investment, no contracts, no short-term play

Reasonable layout, scientific operation, steady and conservative, earning Cycle money


108. Konglin?

Welcome currency friends and seek common development