Types of digital currency

Blockchain digital currency investment guide_types of digital currency

digital currency and ledger defense organization

Based on cosmoscosmos, solve the interoperability and scalability problems of blockchain, and improve the transaction speed. To some extent, it becomes the Internet on the blockchain. Cosmos, known as the Internet of blockchain, is also considered as the 3.0 version of blockchain. It digital currency and ledger defense organizationaims to solve the problems of interactive operation and scalability of blockchain. Its communication protocol between blockchains can realize the interconnection of blockchains and support asset transfer between different blockchains. Cosmos believes that the world can not be dominated by one blockchain. It must be a world in which multiple chains coexist and multiple currencies coexist. How to integrate Multi Chain and multi currency into an ecosystem is cosmos's ultimate ideal. It believes that money and chains should be separated. The core technology of cosmos, tenermint, enables token to be transferred across block chains. It is an early POS consensus engine based on Byzantine fault-tolerant protocol in blockchain field. The innovation of tendermint architecture is that it separates the blockchain application (state) from the underlying layer. The core code, tendermintcore, covers reusable and configurable consensus and network layer functions. At the same time, it also defines a set of abci callback interfaces to interact with the application layer. The application logic can be written in any language you are familiar with. For example, the transaction is sent to the client through the transaction validity check of the client. The effective transaction enters the tendermint memory pool. It is proposed that the node select the transaction from the memory pool to enter the candidate new block, and the new block agreed by POS will be broadcast to the whole network.

Chen Yulu wrote an article in China finance, saying that we should strengthen the legal construction, management and planning of financial infrastructure, and promote the formation of a financial infrastructure system with reasonable layout, effective governance, advanced and reliable, and full of toughness. We will accelerate the research and development of the legal digital currency of the Central Bank of China and pilot controllable projects to ensure the safety of payment. We will promote the standardized development of credit reporting market and credit rating. We should strengthen the research on financial technology innovation and its application in the construction of financial infrastructure, expand the coverage of financial infrastructure, bridge the digital divide, and improve the operational efficiency and regulatory efficiency.

The first case involving virtual currency in Fujian has been solved, China news. Com reported. In September 2019, after more than four months of investigation and evidence collection, the police of the network security brigade of Xiuyu branch of Putian Public Security Bureau successfully arrested Xu Xiaohang, who was suspected of illegally obtaining computer information system data. On the same day, Xu was detained by the public security organs and prosecuted by the procuratorial organs in February this year. According to the police, in March last year, Xu zhaohang, a Putian man, obtained the download link of a virtual currency trading platform through wechat, and registered his account on the digital currency trading platform with his own identity information. In the process of trading, Xu made use of the management loopholes in the system to take the illegal means of using empty handed white wolf to obtain a large number of usdt of the platform. In order to obtain huge profits, Xu Xiaohang, on the one hand, illegally obtained other people's identity information through online registration of more accounts, on the other hand, informed Xu of the means of obtaining usdt.digital currency and ledger defense organization Driven by the interests, the two agreed to use Xu's identity to register an account and enter the platform to continue illegal arbitrage of usdt. The two people shared the profits equally. Xu entered the platform many times and illegally obtained more than 110000 usdts. Xu used the obtained usdt for illegal sale, and made a profit of more than 260000 yuan, and Xu made an illegal profit of more than 80000 yuan.

The third China (Xiamen) International blockchain + business future development summit was held today, with the theme of bsnbsnbsn, the full name of blockchain based service network, and the blockchain service network jointly sponsored by National Information Center, China UnionPay, China Mobile Design Institute, China Mobile Government and enterprise branch, China mobile financial technology, jujube technology and other units. In his speech on understanding the future of blockchain, CEO of jujube technology, he Yifan, said that blockchain is a major information upgrade, which is actually an upgraded version of Internet transmission mode. It points out that the traditional Internet is a series architecture, the alliance chain based on DLT technology is a parallel architecture, and the core of blockchain is broadcast communication. According to the development trend of blockchain in the future, he Yifan puts forward five prospects: 1. There will be a general blockchain communication protocol in the future; 2. Legal digital currency and stable currency will become the mainstream of cryptocurrency and defi, and virtual currency must be associated with offline assets; 3. There will be global infrastructure for digital currency and digital asset transaction, clearing and settlement ,

In the past, Ethereum provided an open asset management platform for Ethereum's distributed asset chain, which was used to manage the assets of Ethereum through the application center of Ethereum. Allow anyone to build and use decentralized applications running through blockchain technology without any fraud,digital currency and ledger defense organization censorship, or third-party supervision. The concept of Ethereum was first proposed by vitalik buterin, vitalik buterin, inspired by bitcoin from 2013 to 2014 to jointly build a more global, freer and more reliable internet.