崔吉平区块链是不是十月十八日发售的,崔吉平简介

崔吉平，是一家拥有多年历史的区块链公司，它的核心宗旨是为客户提供安全、可靠、高效的区块链解决方案。作为一家致力于推动区块链技术发展的公司，崔吉平一直在不断探索新的应用领域，以满足客户的需求。

首先，崔吉平拥有强大的技术团队，可以为客户提供高效的区块链解决方案。技术团队由一群有着丰富经验的区块链专家组成，他们深谙区块链技术的特点，可以提供最佳的解决方案。此外，崔吉平还拥有强大的研发团队，可以持续不断地推出新的产品，满足客户的需求。

其次，崔吉平还专注于推动区块链技术的发展。崔吉平与各行业的企业合作，以推动区块链技术的普及和应用。同时，崔吉平还与行业内的研究机构和高校合作，以推动区块链技术的发展。此外，崔吉平还鼓励更多的开发者加入区块链行业，以推动区块链技术的发展。

最后，崔吉平提供安全可靠的区块链解决方案。崔吉平采用高级的安全技术，保证客户的数据安全。此外，崔吉平还提供专业的技术支持，可以帮助客户解决区块链相关的技术问题。

总之，崔吉平是一家非常成功的区块链公司，它拥有强大的技术团队和研发团队，致力于推动区块链技术的发展，提供安全可靠的区块链解决方案。崔吉平区块链十月十八日不是发售的，但它提供的区块链解决方案和技术支持可以帮助客户更好地利用区块链技术。

1. Jack Ma talks about what blockchain is, and blockchain is not a bubble. What do you think of the blockchain white paper just released by JD.com

Blockchain is indeed a thing , so blockchain is not a bubble. Because of its high technical requirements, many people do not understand it. Those who can make reasonable use of blockchain technology will create value. If you cannot use the blockchain itself, but blindly use the word blockchain as a cover to hype, it is a bubble.
For example, real estate is a real thing, and the real estate industry is about buying and selling real things, but blind speculation will lead to a big bubble.

2. News Broadcast on October 25th - Thoughts on Blockchain

Let’s first look at the reaction of the Chinese people. Below is a screenshot I took in the early morning of the 25th. Network index, blockchain began to attract search attention through news broadcast, from less than 10,000 to more than 72,000 overnight.

Looking at the next day, the network index of blockchain and Bitcoin continued to surge in related searches.

I didn’t check the WeChat index at that time, but I checked it on October 27th. It was a related surge of one million levels!

After seeing the news through a few pictures, do you still just take it as news? Still think blockchain and virtual currency have nothing to do with each other?

In fact, I am not qualified to evaluate it because I am also an unqualified investor!

Since investing in virtual currencies, I have neither suffered losses nor made profits. I have experienced bull and bear markets. I may consider myself lucky if I have neither losses nor profits.

What have you learned in the past two years?

1. Those who have no respect for the market will be punished.

Many losses occur when I am greedy and do not have my own expected goals and stop loss lines. When I make money, I think it is because of my strong ability. However, I do not know that it is caused by the general trend of the market, so in the When a crisis comes, I think I can turn losses into profits. Many times I am really ridiculous!

2. Have a deep understanding of money and human nature

When money comes easily, it has a great impact on daily work and life. Easy money , I don’t cherish it at all, I spend it lavishly, and I don’t pay that much attention to small money (earning money from work), so when the bear market comes, I “swim naked”, and my work and life are affected.

In short, if you don’t respect money, money doesn’t respect you. In addition, don’t test human greed.

3. What does HTC’s blockchain smartphone look like

HTC is developing an Android phone powered by blockchain technology. The phone, codenamed Exos, will provide a system-level wallet function and have built-in security hardware to support digital currencies and decentralized applications.

Currently, HTC’s product focus is the virtual reality helmet Vive. Phil Chen (transliteration) will be responsible for all blockchain and digital cryptocurrency-related projects within HTC, including this Exos mobile phone.

However, since there is no real phone, it is still unclear what functions this type of blockchain phone can provide that are different from conventional phones to enhance the digital cryptocurrency trading experience.

It is said that the blockchain mobile phone will improve security and user experience during transactions by integrating native wallet functions into the mobile phone. Direct digital cryptocurrency transactions between users can also be carried out within the network composed of this mobile phone, eliminating the cost of mining.

However, the functions mentioned above can all be realized on ordinary smartphones by installing software. Transactions of Bitcoin and other digital cryptocurrencies will incur mining fees, which are unavoidable whether on ordinary mobile phones or blockchain mobile phones. Web browsers and chat apps that offer privacy-protecting features can also do so by installing apps.

4. The single-day income is close to that of "Honor of Kings", and Filipinos are flocking to the hottest blockchain game

The mottled walls have turned yellow, and even the graffiti characters have faded. , the iron frame attached to the wall was rusty to the point of darkness, and there was a monitor placed on the messy table. The homepage of the game "Axie Infinity" was open, and a brand new mechanical keyboard flashed with colorful RGB lights. The Filipino boy looked at the camera with a smile on his face: "This is a magical game, just like playing chess."

This is a micro-documentary updated by Youtube in May, called "Play to Earn" 》. The film introduces some areas in southern Manila, such as the slums of Nueva Ecija and Cabanatuan City. During the unemployment wave caused by the COVID-19 epidemic, some Filipinos improved their income through a game called "Axie Infinity". The story of your own life. The protagonists here include gray-haired elderly couples, mothers with children, and recent college graduates.

In April 2020, "People's Daily" reported that Philippine Finance Minister Dominguez said that due to the impact of the new coronavirus epidemic, about 1.2 million people in the Philippines will be unemployed. This number is the same as the lowest unemployment rate on record, and the government may be "beyond its means" and debt will further increase. In the wave of unemployment, one can imagine how the lives of these people living in slums will be affected. In the video, these players revealed that their average monthly income from "Axie Infinity" exceeds US$300, which is already higher than the local average income.

The so-called "blockchain games" are different from mobile games, web games, and online games. Some people call them "chain games." That is, games made using blockchain technology and smart contract code are essentially decentralized applications. However, most decentralized applications "Dapps" based on blockchain are financial service applications, which are very confusing. It's boring. Compared with traditional games, blockchain games are a little more novel with the empowerment of cryptocurrency.

"Axie Infinity" is currently the hottest blockchain game, dominating the major blockchain application rankings, and also affecting ordinary people in real life.

"Axie Infinity" is a pet-raising game imitating the "Pokémon" released by Nintendo. Any player can fight, collect, cultivate and build a pet to control his own. Kingdom of elves. The game is based on the Ethereum public chain, the world's largest blockchain ecosystem, and the game content includes concepts such as "social", "NFT" and "token economy".

Moreover, all data in the game, including elves, plots and other assets, can be found in the blockchain.

Although Axie Infinity is still in the early testing stage, Axie has become the number one Ethereum game based on daily, weekly, and monthly active users.

TokenTerminal data shows that the revenue of "Axie Infinity" in the past 30 days has hit a new high, exceeding US$66 million, and continues to maintain its first place in the NFT trading list. Meanwhile, its revenue in the last seven days was nearly $40 million. In terms of daily revenue, on July 15, Axie Infinity’s daily revenue exceeded $8.2 million, a record high. On August 6, Axie Infinity officially announced that its daily active users had exceeded 1 million. The accompanying picture shows that the number of daily active Android users exceeds 687,000, the number of Windows users exceeds 306,000, the number of Mac users is 16,400, and the number of iOS users exceeds 12,700.

In comparison, the Sensor Tower report shows that in June 2021, "Honor of Kings" had a total revenue of US$277 million in the global App Store and Google Play, equivalent to approximately 1.8 billion yuan, with an average single-day revenue Approximately $9.2 million.

The single-day revenue of "Axie Infinity" has gradually approached that of Honor of Kings, and is still growing.

On August 16, NotBoring Club founder Packy McCormick said on social media that currently, Axie Infinity’s August revenue has exceeded July’s revenue, approaching US$200 million.

"Axie Infinity" is not just a game, but the extremely cohesive community it brings and the opportunity to "Play to Earn" (make money by playing games) make it It also has the characteristics of a new social network.

On the one hand, the fantasy creatures in the game, namely Axie, have various genetic conditions, and players can train them to fight and reproduce. The bred elves can then be sold on the market, forming the first closed loop.

In addition to combat and cultivation, "Axie Infinity" also focuses on the "NFT" concept. In the game, in addition to each elf itself being an NFT, many unique plots are also specially designed. Each one has its own number and location, and players can bid freely. The current price of these plots has far exceeded 1ETH, which is approximately RMB 20,000.

The so-called "Play to Earn" is no stranger to our country. In the once-popular online games such as "World of Warcraft" and "Dungeon and Fighter", there have been cases of special sales of in-game props to earn huge profits. A profitable individual or team is called a "gold-making" studio. In these games, there will be some rare props that are recognized by players, and for some players who want to own them but don’t have time to obtain them, purchase demand arises. Some teams will buy multiple computers and mobile phones, and use manpower to obtain these props and sell them to make profits. This has become a part of the game ecosystem.

In blockchain games, players also need to obtain scarce game props, but they no longer rely on traditional "gold". Instead, it uses cryptocurrency as the base asset circulation model to earn real money. By actively participating in these virtual economies, players can earn rewards such as in-game assets and tokens, which can then be traded or sold on the open market.

Similar to the "open black" social trend caused by "Glory of Kings", the Axie Infinity community also gave birth to a magical model called "Scholarship". First of all, if a player wants to join Axie Infinity, he cannot pay directly. Its game rules are that he must have three Axie elves before he can start the game. However, due to the popularity of the game, the three cheapest elves on the market are currently available. The cost has also reached hundreds of dollars, which is a huge threshold for many people.

So some experienced players and professional players began to create "free game" accounts to let other players try the game and start earning fees to create their own Axie teams.

An overseas player named "AK (Tiger King)" took the lead in issuing applications for nearly 30 accounts on September 7, 2020. Unexpectedly, the event quickly spread to several accounts in the Philippines. Word spread on Facebook and the player received around 500-600 applications overnight.

Subsequently, this "scholarship" model became popular, lowering the threshold for novice players to enter the game. Through this model, experienced players will receive part of the players' subsequent profits, and the game publisher will receive a positive reward for free. cyclic operational activities.

This model is difficult to occur in traditional games, because the biggest feature of blockchain games is that they are built in the blockchain network, and what empowers them are not in-game props. , but cryptocurrency. Most in-game asset transactions are only within the game ecosystem, and players only trade or sell their digital assets outside the platform.

Take Axie Infinity as an example. The AXS tokens and SLP tokens issued by it are one of the underlying assets in the game, and players can obtain them as rewards in various ways. These tokens themselves become part of the game ecosystem and can be traded in the Ethereum ecosystem. Taking AXS as an example, from June to July 2021 alone, its price growth has exceeded 600%.

This magical game is produced by the Vietnamese team Sky Mavis. Founded in 2018, Sky Mavis is a blockchain game developer with a total of 25 members and is headquartered in Ho Chi Minh City, Vietnam. In May 2021, Sky Mavis completed a US$7.5 million Series A financing from Libertus Capital, Konvoy Ventures, BlockTower Capital, and Collab+Currency.

Ruan Chengzhong, CEO of "Axie Infinity", was once a serial entrepreneur. He had the idea in 2017 after being attracted by another blockchain game "CryptoKitties" Created "Axie Infinity".

Such a game model has also been recognized by institutions. Threebody Capital wrote, "We are on the precipice of what may be the largest wave of creative destruction in the gaming field to date. As the gaming world continues to With the development of the past few decades, the requirements for quality have also continued to increase. In the past, gamers needed to buy content from large game studios, but now the balance of power has changed, and gamers want the best of all worlds. , and the developer must provide it."

InWith the single-day income approaching that of "Honor of Kings", the Axie Infinity team is not satisfied, and they are even eyeing the concept of the "Metaverse".

On August 12, the co-founder of Axie Infinity spoke at an online roundtable and said, "We can do a lot of cool things in the future. I would say that for Axie, we may have only completed 15 -20%. By then there will be land to make many other different types of games, and eventually it can be made into a virtual world."

5. The great chess game of the times: central bank digital currency supports China's bold implementation of RMB freedom Convertibility - Draft

The great chess game of the times: the central bank’s digital currency supports China’s bold implementation of free convertibility of the RMB

Currency Circle Zi Zhi Tong Jian 6 days ago

Central bank digital currency is a great chess game of the times!

Asia Weekly published an article in 2019. A visionary god predicted that the RMB will be freely convertible and thoroughly dismantled the logic!

As of June 18, 2020: The top decision-makers of the Party Central Committee in the fields of economy, finance, and securities simultaneously announced the "free convertibility of the RMB" at the 12th Shanghai Lujiazui Forum, and Singapore's senior officials took advantage of the opportunity to Shanghai exchanges views on digital currency interconnection!

01

The central bank's digital currency in disguise realizes the free exchange of RMB

If today's RMB is restricted by free exchange, it cannot become overseas to become overseas to become becomes overseas. As the basic settlement currency in international trade, if the virtual digital currency issued by the central bank relying on blockchain technology is accepted by a large number of digital currency exchanges, it will be equivalent to realizing the free convertibility of RMB from another level. In international trade, anyone holding the virtual digital currency of the People’s Bank of ChinaAnyone can exchange this digital currency for Bitcoin or other virtual digital currencies through the exchange, and then exchange it for other legal currencies. In this way, China will get rid of the traditional foreign exchange settlement channel under the hegemony of the US dollar and is expected to create a new settlement currency for international trade. Even if it cannot replace the US dollar for the time being, it can replace stablecoins such as USDT in Internet trade, and it can also become the basic currency for international personal payments.

At present, China is worried about foreign exchange outflows and dare not allow the free convertibility of the RMB. In the future, the outflow of the central bank's virtual digital currency will have nothing to do with foreign exchange, because the anchor behind it will definitely still be the RMB. This also breaks the current curse of asset outflows and foreign exchange declines. Even if the outflow of virtual digital currencies is allowed, there is no need to worry about a decrease in foreign exchange reserves. This is why we believe that at this moment, the central government should elevate to the Politburo level to pay attention to the development of blockchain technology.

The third type of virtual currency is a comprehensive innovation of security tokens that takes advantage of blockchain technology to "confirm ownership." The 2017 ICO made many people discover that tokens combined with smart contracts can actually use funds more effectively than stocks, bonds, options, etc., while improving efficiency. However, because the existing legal regulatory framework cannot effectively regulate the responsible parties for token financing, the token economy has begun to become somewhat bleak in the past two years. There are also various problematic projects that use tokens to fish in troubled waters, making tokens The economy is considered a "scam". However, as the world gains a greater consensus on blockchain and more information and rights are put on the "chain", the token economy, which has made huge innovations in the existing financial system, will eventually return.

Under the influence of the "cypherpunk" organization led by libertarians, the road to virtual digital currency starting from Satoshi Nakamoto's Bitcoin white paper was originally intended to subvert the US dollar. The international financial system must subvert the global economic order centered on any country's legal currency. Now, with the help of blockchain, China may be able to challenge the hegemony of the US dollar, but it also has to face the challenge of decentralization, and it is impossible for China to establish an international financial system dominated by RMB. The line written by Satoshi Nakamoto in the Bitcoin genesis block mocked the old financial order. Today’s financial order in China is also within the scope of his ridicule. As China fully embraces blockchain, it needs to understand and utilize blockchain better than the United States to help rebuild the new global economic order and financial system. This is the real breakthrough.

China also has a more favorable advantage than the United States, which is that China is not as dependent on the hegemony of the US dollar as the United States, so it is easier for China to turn around. With the top-down emphasis on blockchain technology, in addition to finance, blockchain, a decentralized social organization idea that combines "people" and "machine", will inspire more people. Gradually manifest and play its role. This may have more far-reaching consequences.

02

RMB 3.0, that is, the central bank's digital currency will break through the US dollar monopoly

On the occasion of the Sino -US trade war, China vigorously promotes blockchain technology to find the economy The road to breakout and challenge the hegemony of the US dollar. China is studying to launch a "RMB 3.0" cryptocurrency system, which will be linked to sovereign credit and establish an appropriate proportional relationship with national GDP, fiscal revenue, and gold reserves. China leads the world in the field of blockchain. There are seven Chinese companies in the top ten of the global blockchain enterprise invention patent rankings, and China's patents account for 67%.

Blockchain is China's search for an economic breakthrough during the Sino-US trade war. It is not only a new industrial economic growth point, but also regarded by China as a good way to challenge the hegemony of the US dollar. Blockchain has recently received great attention from China's top leaders. In a speech on October 24, they called blockchain "a breakthrough for independent innovation in core technologies." Subsequently, the People's Daily and other official media published editorials in support, which also led to China's Blockchain-related stocks in the stock market have surged. Bitcoin surged by 20% on October 27, and blockchain concept stocks in the Shanghai and Shenzhen stock markets are also rising. The development of blockchain in China has two directions. The first is to combine blockchain technology with real industries to promote and improve the efficiency of existing industries. The second is to launch the "RMB 3.0" currency system to fight against the hegemony of the US dollar and find a new way to develop. The currency system further digitizes the RMB (digital, digital).

RMB 3.0 represents the RMB entering a new stage. Huang Qifan, Vice Chairman of the China Center for International Economic Exchanges, said that the People’s Bank of China is likely to be the first central bank in the world to launch a digital currency. RMB 1.0 is a paper currency, while RMB 2.0 is going electronic, entering the homes of ordinary people through Alipay, WeChat payment and other systems, and becoming a daily payment tool. RMB 3.0 is digital and becomes a cryptocurrency. Any currency involves the issue of mortgage and support. Huang Qifan believes that digital currency should be linked to sovereign credit and national GDP, fiscal revenue, Huang QifanEstablish an appropriate proportional relationship between gold reserves as a credit support for RMB 3.0. He also said that the Digital Currency of the Central Bank of China (DCEP) is a replacement for M0 (cash in circulation), rather than the digitization of existing currencies, that is, the digital currency currently on the market. Cash, gradually converted into cryptocurrency. RMB 3.0 will get rid of concerns about exchange rate fluctuations with the US dollar, compete with each other, and promote the digital RMB to form a new ecosystem. With the support of huge domestic demand and the "One Belt, One Road" initiative, the hegemony of the US dollar will be challenged. At the current juncture of the Sino-US trade war, this is China's "sudden emergence" as a bargaining chip, posing strong pressure on the United States.

China has long been a pioneer in blockchain applications. In 2014, when Vitalik Buterin, the inventor of Ethereum, developed the "next-generation cryptocurrency and decentralized application platform," he relied on the support of Chinese investors. Today, at least seven of the top ten global virtual currencies are closely related to the Chinese and global Chinese. The Chinese’s deep involvement in the blockchain field is actually also reflected in the Bitcoin “mining” project. Today, about 70% of miners are still in China. The world's largest mining company "Bitmain" and Canaan are both Chinese companies.

China's blockchain scientific research results are also the best in the world. According to the "Global Blockchain Enterprise Invention Patent Ranking in the First Half of 2019" jointly released by the intellectual property industry media IPRdaily and the incoPat Innovation Index Research Center "List", seven of the top ten companies applying for patents are Chinese companies, and only two are from the United States. The top two are China's Ant Financial and Ping An. In terms of countries, China accounts for 67% of patents, and the United States ranks second, accounting for only 16%. On the contrary, China has overtaken the United States in scientific research on blockchain. Alibaba's blockchain application scenarios include drug authenticity traceability, cross-border mobile phone transfers, electronic bills, etc., reflecting that in addition to cryptocurrency, China is also working hard to support the real economy with blockchain.

The "2018 China Blockchain Industry White Paper" released by the Ministry of Industry and Information Technology of China last year also planned that the industries for future blockchain development include: commodity traceability, copyright protection and transactions, and electronic evidence storage. In more than a dozen industrial fields such as certificates, financial science, precision marketing, big data trading, industry, energy, medical, and digital identity Internet of Things, the "People's Daily" commentary also stated that blockchain innovation should be related to the hype of cryptocurrency and air currency. Differential treatment also points out that blockchain needs to be further developed and improved in terms of security, standards, and supervision, which means that it must be implemented and contribute to the real economy.

                                             3 The title of the front-page article in The Times: "On January 3, 2009, the chancellor is on the verge of implementing a second round of bank bailouts." Satoshi Nakamoto's purpose was obvious. He wanted future generations to read it. Everyone in the Genesis Block saw that at the moment when the old financial system was weak, a new financial system was born.

In the past ten years, Bitcoin has transformed from a game played by a few technical geniuses into a global financial tool. The blockchain technology summarized by Bitcoin has become the future The underlying foundation of the smart era. The span of this decade has dazzled many people. In fact, there is no need to extend the time to ten years. Even the changes in recent months have shocked many people.

                                                                                                                                                                                                                    04
Libra, a certain stable currency, is almost going to rewrite the global payment landscape. Of course, this ambitious plan has been strongly blocked by the vested interest groups that currently control the hegemony of the US dollar in the name of supervision, causing Libra to be in trouble. On October 23, Facebook founder Mark Zuckerberg testified before the U.S. Congress: “We need to discuss the risks of not innovating, especially the Chinese central bank’s digital currency... If China’s financial system becomes With the standards of more and more countries, it will be difficult for the United States to implement sanctions and various protective measures in the future.”

In the context of the current confrontation between China and the United States, Zuckerberg’s warning has just finished. There was an echo. China stepped forward from the highest level and cleared the biggest obstacle to the central bank’s digital currency. On the afternoon of the 24th, the Political Bureau of the CPC Central Committee held its 18th collective study session on the current status and trends of blockchain technology development. The state emphasizes: “It is necessary to strengthen basic research and improve originalInnovate capabilities, and strive to make our country at the forefront of theory, occupy the commanding heights of innovation, and gain new industrial advantages in the emerging field of blockchain. "

Since September 4, 2017, seven departments including the Central Bank, Cyberspace Administration of China, Ministry of Industry and Information Technology, State Administration for Industry and Commerce, China Banking Regulatory Commission, China Securities Regulatory Commission, and China Insurance Regulatory Commission issued an absolute ban on ICO financing. The development of the blockchain industry in China has actually entered a gray area. The ban has been imposed from top to bottom, seeming to limit the exploration of blockchain applications and development within the industry. The current top-level characterization of "taking blockchain as an important breakthrough for independent innovation in core technology" is tantamount to completely lifting the ban. Central bank digital currency can soon move from theory to practice, and other aspects should be liberalized accordingly.

As a technology, blockchain is not complicated. The key to blockchain is that it provides a decentralized social organization idea that combines "people" and "machine". What is important is society’s consensus and practice of this idea. If we say that in the first five years of Bitcoin, it was difficult for many people to see the birth of a new financial system, but in the last five years, especially the smart contracts that Ethereum relied on, people saw an upgraded version of Bitcoin. That is to say, the emergence of the so-called blockchain 2.0, people can really use this to completely rewrite the existing financial order, not only the payment order, but also the securities order, including the banking order, etc.

05

Switzerland Singapore has promoted blockchain

In the past five years, many countries seeking to occupy a higher status in the global financial system have long been Take action to fully embrace blockchain, typical examples include Switzerland and Singapore. They have long become believers of Satoshi Nakamoto and have long believed in the grand goal of Bitcoin's design. They are also practicing. But although their efforts have had an impact on the blockchain industry, they are not enough to shake the world's financial system. why? Because they are too small, the "consensus" formed by their country is not enough to drive the entire world.

Therefore, once major countries like China or the United States that can influence the world recognize the idea of ​​blockchain and then apply specific technologies to various industries, then a global consensus will be established. Only then will a new financial order emerge. Therefore, China and the United States are bound to encounter each other in terms of blockchain consensus standards. In recent months, such encounters have suddenly come to light.

Satoshi Nakamoto, who originally designed Bitcoin, whether he is a person or a team, whether he lives or dies, he laid the foundation for the creation of a financial system based on the Internet. However, the subsequent development of virtual currencies starting from Bitcoin and blockchain exceeded Satoshi Nakamoto's expectations and became more complex. Satoshi Nakamoto's design was to make Bitcoin a third-party payment currency in Internet trade. This goal has obviously not been achieved. Today's Bitcoin, in Internet trade, fulfills the role of another kind of financial work.

The so-called Internet trade does not refer to e-commerce, which moves offline stores online and then sells them. In the design of Satoshi Nakamoto's Bitcoin white paper, Internet trade refers to trade that arises from the Internet ecosystem and is then traded in the Internet ecosystem. Because there is no offline involvement at all, transactions can be conducted through Bitcoin, a purely virtual currency. But now, with a constant total amount, Bitcoin is increasingly becoming a reserve currency and a tool that can be regarded as a store of value like gold. On the contrary, Libra in the design, or the central bank virtual currency that the People's Bank of China has been mentioning for a long time, can become a payment tool in Internet trade.

Today, relying on blockchain technology, three different types of virtual currencies have emerged. The first is Bitcoin. As more and more people around the world recognize Bitcoin, the so-called "consensus" is getting stronger and stronger. Bitcoin, whose current price is constantly fluctuating, will inevitably find a balance in valuation.

The second type is "Stablecoin" as a payment tool. Libra's mission is to "build a simple global monetary and financial infrastructure to serve billions of people." Mu Changchun, director of the Digital Currency Research Institute of the People's Bank of China, said in September that the People's Bank of China's version of digital currency is "ready to come out" and that the People's Bank of China's version of digital currency will adopt a two-tier structure and will be issued to institutions and directly to individuals. This means that China’s central bank’s version of digital currency is expected to become a tool for global netizens to enter the virtual currency trading market, replacing the current role of stable currencies such as USDT. More importantly, with the recognition of the world's second largest economy, which is the consensus of more than one billion people, the Chinese central bank's version of virtual digital currency can easily be accepted as a transaction tool for cross-border payments.

Original publication time is 2019-11-06

6. Blockchain information on July 22: Musk holds Bitcoin, Ethereum and Dogecoin

1. Tesla CEO Elon Musk said at The Word conference that it makes sense to support something that can improve the quality of information we manage in the economy. Bitcoin is a candidate product. One needs to be wary of cryptocurrencies, especially Bitcoin, which consumes so much energy. Musk said: "In general, I support Bitcoin.

2. Tesla CEO ElonMusk said at The Word conference that he personally owns Bitcoin, Ethereum and Dogecoin. Musk said: "I may buy, but I won't sell, I want to see Bitcoin succeed." In addition, he revealed that Tesla and SpaceX hold Bitcoin. It is reported that because SpaceX is privately held, it was not previously known that the space exploration technology company also held some cryptocurrencies.

3. Golden Finance reported that Tesla CEO Elon Musk said at The Word conference that neither Tesla, SpaceX nor I will sell any Bitcoin. Tesla will likely continue to accept Bitcoin payments. Musk said that it seems that Bitcoin is turning more to renewable energy, with a trend of switching to more than 50% renewable energy. In this case, Tesla will resume accepting Bitcoin. In addition, Musk said that he is a fan of decentralized finance.

4. Cathie Wood, founder of ARK Fund, said at The Word conference: “Bitcoin is the solution to inflation. I really believe that Bitcoin will definitely be better than gold mining or the traditional financial services industry. Greener. In many ways, it already is.”

5. Ethereum developers have been working hard to resolve issues with code and clients on testnets in anticipation of the next major network upgrade— Get ready for the London upgrade. On July 21, Ethereum lead developer Tim Beiko released a “London Testnet Review” report detailing the latest progress in the testing phase of the upcoming Ethereum upgrade. According to reports, OpenEthereum clients noticed their nodes stopped functioning on the Ropsten testnet on July 21. After investigation, the problem is not with this client, but with the go-ethereum protocol and the Geth client, which checks the sender balance of the EIP-1559 transaction. It is reported that some clients rejected the block at the time, while others accepted the block and continued processing: "Specifically, OpenEthereum and Besu rejected the transaction/block, while Nethermind, go-ethereum and Erigon accepted them." The issue was later fixed by adding new assertions to the validity of EIP-1559 transactions, and testing continues. It is reported that the test was first activated on the Ropsten test network on June 24; earlier this month, the Rinkeby test network also launched the final testing phase.

6. Tesla CEO Musk said that modern nuclear power plants are safe and supports the use of nuclear energy to generate electricity to mine Bitcoin.

7. T Rabi Shan, Deputy Governor, Reserve Bank of IndiaThe Reserve Bank of India (RBI) is working on a "phased rollout" of India's central bank digital currency (CBDC) - the digital rupee, with possible pilots in the future, Kar said on Thursday. The Reserve Bank of India defines CBDC as a digital form of sovereign currency that can be converted into cash or sovereign-backed deposits. The Reserve Bank of India has taken several deliberations on the scope and legal framework of the proposed CBDC, which is likely to co-exist with cash and digital forms of payments. The time for India’s CBDC is approaching. The Reserve Bank of India has carefully assessed the risks and the RBI's efforts are that as we move forward, India's CBDC can reaffirm its leadership in the world's payment systems. The RBI has taken a closer look at several aspects of launching a universal CBDC, including: what it can be used for; the technology underpinning it (distributed or centralized ledger); the basis for verification (token or account-based); and whether it will be used only by Is it issued by the central bank or by commercial banks? There are also several enabling legal frameworks that need to be considered before launching a CBDC. Importantly, these include amendments to Sections 24, 25 and 26 of the RBI Act, as well as provisions of the Coinage Act, 2011, the Foreign Exchange Management Act and the Information Technology Act. The RBI has been exploring the pros and cons of issuing an Indian sovereign CBDC for a long time. The RBI looked at the purpose-specific CBDCs proposed by different central banks around the world for the wholesale and retail sectors. The launch of a population-scale universal CBDC is being considered, and the Reserve Bank of India is working on a phased introduction strategy and looking at use cases with little disruption to the Indian banking and monetary system. Shankar added that cryptocurrencies like Bitcoin do not meet the RBI’s definition of currency and that one reason why central banks around the world are trying to use CBDC is that they want to minimize the risks cryptocurrencies pose to the fiat economy.

8. Sources say JPMorgan Chase is allowing all of its wealth management clients to access cryptocurrency funds. The bank told advisers in a memo earlier this week that as of July 19, they can now accept buy and sell orders for five cryptocurrency products, four from Grayscale Investments and one from Osprey Funds. The move applies to all JPMorgan clients seeking investment advice, including the bank's proprietary clients who use its commission-free Chase trading app and whose assets are managed by financial advisors affiliated with JPMorgan Advisors, according to a person familiar with the matter. of mass affluent clients, as well as the ultra-affluent clients served by the private bank. JPMorgan advisors can only perform “unsolicited” crypto trades, meaning advisors cannot recommend products but can buy and sell on behalf of clients at their request. According to sources, the funds approved by JP Morgan include Grayscale’s Bitcoin Trust, Bitcoin Cash Trust, Ethereum Trust and Ethereum Classic Trust, as well as Osprey funds’Bitcoin Trust.