What is blockchain digital currency? Block chain is a way to link data together in time sequence to form a chain-like data, and in a cryptographic way to ensure the non-tampering and forgery of the distributed books. In the past two years, blockchain has become a popular term. blockchain is divided into chain circle and currency circle. blockchain refers to a new financial business model in which traditional financial institutions and Internet enterprises use Internet technology and information intermediary services, and blockchain has been gradually recognized by people.
As cryptocurrencies soared and plummeted, and speculation and leek cutting continued to occur, the public perception of blockchain was somewhat skewed. Community behemoth Facebook launched its Libra cryptocurrency program in 2019, using cryptocurrency on Facebook social media, which limits the development of the blockchain industry. That's another hot topic.
What are the characteristics of digital money?
I. Decentralization
The first characteristic of digital money, unlike traditional money, is that it is decentralized. Because it is not controlled by a central bank or any organization, people can safely invest in digital money. Digital currency is not operated by individuals or back-end operators, do not worry about fraud, we do not need to worry about investment was deceived or pit.
II、 Open source code is required
Not only can digital money be decentralized, but the five features of digital money include open source code. Because open source code is a symbol of digital currency, and it needs to be found on github.
III、 Third-party transaction platforms
If you want to trade digital currency, you need to buy it on a third-party trading platform. At present, China does not have a digital currency exchange, but there are many foreign digital currency exchanges for the world, we can choose reliable and professional investment. Digital money can only be made visible by having a third-party platform, otherwise it is just virtual money that is invisible and untouchable.
IV、 Require digital encrypted wallets
To preserve digital money, you need a separate digital currency encrypted wallet. Because it's a wallet for holding digital money, you need not only the wallet address, but also the wallet private key. Enter the wallet address in the OKLink browser to find the wallet balance. If you want to trade or transfer digital money, you need to use a private key.
V、 Constant Issuance
Five other features of digital money include constant issuance, since the total number of issues is limited. Bitcoin, for example, has only 21 million, and cannot be mined and issued indefinitely. And digital money can't inflate, it can't bubble.
What is the digital currency? It's a blockchain-based technology, and it's a digital asset. Fil is a general-purpose reward card on the IPFS network that rewards users who provide storage power. Filecoin Foundation: 5%. The Filecoin project uses PoSt, PoSt for the amount of data stored on the hard disk, allowing all miners to share out the rewards fairly.
What is the digital currency? It's a blockchain-based technology, and it's a digital asset. Fil is a general-purpose reward card on the IPFS network that rewards users who provide storage power. Filecoin Foundation: 5%. The Filecoin project uses PoSt, PoSt for the amount of data stored on the hard disk, allowing all miners to share out the rewards fairly.