Why do you need other coins when you have Bitcoin?
Listen to me slowly.
Imitation coin
The main features of shanzhai coins are:
1, by modifying or even directly applying the source code of Bitcoin (the Bitcoin program is open source).
2. If you change your name and surname, money will be born easily.
3. Did not follow the idea of blockchain.
Counterfeit currency represents currency:
I. Litecoin
Litecoin is a kind of network currency based on "peer-to-peer" technology, which is inspired by Bitcoin (BTC) and has the same technical realization principle. Unlike Bitcoin, it can also efficiently "mine" through consumer-grade hardware, providing faster transaction confirmation (2.5 minutes on average).
Second, dogecoin (Dorje)
Dog Coin, called "doge Coin/ Dog Coin" by some people, was born on February 8, 20 13. Based on Scrypt algorithm, the transaction process is more convenient than bitcoin. The confirmation time of dog currency is only 1 minute, while that of BTC is1minute. Moreover, there are many dogs, the price is low and the transfer speed is fast.
3. DigitByte is a global decentralized payment network and digital currency, inspired by Bitcoin. Digitbyte can be traded quickly with little or no cost. Digitbyte is also open source, and its design is public participation. No one can own or control Digitbyte, and everyone can participate.
Fourth, the full name of DCR currency is law, and DCR currency is an independent digital currency. Decred is a cryptocurrency, similar to Bitcoin, which emphasizes community input, open governance and sustainable capital and development. It uses a mixed mining system of "proof of work" and "proof of interest" to ensure that a small group cannot dominate the transaction process or amend the law without community input.
Verb (short for verb) Monet (Mona)
Monacoin is an online cryptocurrency inspired by Litecoin (LTC) and based on P2P technology. It is also an open source software project authorized by MIT/X 1 1, which can help users pay anyone in the world instantly. Monacoin has been launched in several mainstream cryptocurrency exchanges such as Japan, the United States and South Korea.
aircoin
Empty currency is a virtual currency without the support of physical projects and has no value. Purely rely on marketing means, lure speculators into the market with the marketing keynote of "high profit" and "only rising but not falling", and then sell all the coins to speculators and leave the market, whether they are dead or alive.
Empty currency, as its name implies, is a cryptocurrency without project entities.
What exactly is air money? Teams that make empty money can even have no company, but only a few people can. These people often put on a big hat for themselves, but they can't find out what projects they have done. In front of the public, they packaged a very attractive blockchain project to fool laymen into crowdfunding investment. They hardly need to make any investment in the early stage. They find an outsourcing company to do official website, and they can buy white papers from Taobao. There are even many air coins that don't even have official website and the white paper.
The representative currency of aviation currency: squid.
165438+ 10/day, squid staged a roller coaster trend. At first, it soared tens of thousands of times to the highest of $28,665,438 +0.80, but after only five minutes, it "freely fell" and plummeted by 99.99% to $0.0007926. According to gamers, the developer has designed an "anti-dumping mechanism", which makes it impossible to sell tokens at high points, and participants can only watch it fall to the bottom.
After this incident, the HKEx launched an investigation and finally decided that this squid game on the chain was a scam, and the development team had already run away with the money. In this game, almost no player survived. According to browser data, after the project crashed, more than 40,000 people still held the token.
Bifurcated coin
A bifurcated currency is a disagreement over the initial currency. Bifurcation is a system upgrade from the software point of view. In centralized system, the upgrade is simple, the center is updated once, and the whole network is synchronized; However, in a decentralized system like blockchain, "upgrading" is not simple, and even one sentence will cause blockchain bifurcation.
The representative currency of bifurcated currency: BCH (bitcoin cash).
As the first bifurcated coin of BTC, BCH has obvious advantages as an independent individual, no matter whether it competes with BTC for the throne in the future. First of all, the background is the first mining area, and there is a lot of computing power to support it. There is no need to worry about technology. Secondly, Bitcontinent is listed in Hong Kong, and its apparent assets come from selling chips and mining machines. In fact, what is more important is the value of digital currency it stores (it is known that it is above 1 10,000 BCH), so if it is to be realized in the future, it will definitely boost BCH. However, there has also been an episode recently, that is, the community is divided, and it may diverge again, but it is still optimistic about the value-added space of BCH.
Airdrop coin
Airdrop coins refer to some independent enterprises giving away their digital currency for free in order to attract investors. They only need to give their own account details, without mining or purchasing. Such enterprises will put airdrop coins into their accounts, and the airdrop rules of each project are different.
Airdropping coins is a very common marketing strategy in the virtual currency market, which can avoid policy risks, fully expand the number of coin holders, spread chips, improve commodity circulation, and let more and more people participate in this project. The publisher is also the largest village, which is essentially the same as crowdfunding.
Platform currency
What is platform currency?
Platform currency is a platform encrypted asset officially issued by the digital asset trading platform. Generally, platform currency is traded in its own trading area, or as an independent trading area with other parts or all of the digital assets of the platform, which can be used to offset the income such as platform transaction costs and serve as the "fuel" for decentralized transactions.
Generally speaking, the platform currency is actually the virtual currency issued by the exchange itself. For the platform, platform currency has more value support points than public chain. Platform currency is the face of the platform. If the platform currency goes well, more customers can keep their platforms. Platform currency basically integrates various values such as trading, stocks and voting rights, and has established a "life and death" relationship with the exchange.
At present, the most widely known platform coins are OKB, BNB, ZB and HT. These four kinds of coins come from four platforms around the world, all of which have their own corresponding application places, and their currency development and future prospects are favored by the masses. Therefore, there is no doubt about the development trend of platform currency.
Non-mainstream currency
Non-mainstream coins are other coins that are not well known and recognized by the public. But non-mainstream coins can be divided into cottage coins and competitive coins.
For example, non-mainstream coins are people from 1 1 to 30 in a class of 50 people. Although they are not very excellent top students compared with the former 10, the last 20 are competitive and have potential, which can be called competitive coins in the cottage currency. The famous ones are Litecoin (LTC), Ripple Coin (XRC) and DASH Coin.
Mainstream currency
What is the mainstream currency? As the name implies, the mainstream digital currency applied in the market and recognized by most people refers to a currency, not a certain digital currency. To put it another way, what we often hear, even the top software in various markets, can become mainstream currency, such as BTC and ETH.
Mainstream coins are generally strictly based on blockchain technology, which has been applied in the market and gained people's understanding.
The mainstream currency represents the currency: (Bitcoin BTC)
Bitcoin (BTC) is the most widely used digital currency at present. Born on June 38, 2009 +20091October 3, 2009, it is a digital cryptocurrency with peer-to-peer (P2P) transmission, totaling 2 1 10,000 pieces. Bitcoin releases a certain number of coins every 10 minute, and it is expected that 2 140 will reach the upper limit. Bitcoin is called "digital gold" by investors. Bitcoin is generated by a large number of calculations according to a specific algorithm and is not issued by a specific monetary institution. It uses the distributed database composed of many nodes in the whole P2P network to confirm and record all transaction behaviors, and uses cryptography design to ensure the security of all links in currency circulation, which can ensure that the currency value is not manipulated artificially and create a large number of bitcoins. The design based on cryptography can make bitcoin only be transferred, paid and cashed by the real owner. It also ensures the anonymity of currency ownership and circulation transactions.
Bitcoin is favored by technology enthusiasts because of its decentralization, global circulation, low transaction cost and anonymous circulation. Recently, traditional financial institutions such as Wall Street and multinational central banks began to study bitcoin blockchain technology. The Japanese government officially recognizes Bitcoin as a legal payment method, and more and more Japanese businesses accept Bitcoin payment.
What are the advantages of Bitcoin?
Freedom of payment: You can pay and receive any amount of funds at any time and place. There is no bank holidays, no national boundaries and no imposed restrictions. Bitcoin allows users to have complete control over their own funds.
The handling fee is very low: at present, there is no handling fee or very little handling fee for bitcoin payment. Users can include the handling fee in the transaction to get the processing priority, and receive the transaction confirmation from the network more quickly. In addition, there is a merchant processor to assist merchants to handle transactions, convert bitcoin into legal tender every day, and deposit funds directly into the merchant's bank account. Because these services are based on Bitcoin, they can offer much lower fees than PayPal or credit card networks.
Reduce merchant risks: Bitcoin transactions are secure and irrevocable, and do not contain sensitive or personal information of customers. In this way, the losses caused by fraud or fraudulent returns to merchants are avoided, and PCI standards are not required. Where credit cards are unavailable or the fraud rate is unacceptably high, enterprises can easily expand into new markets. The end result is lower cost, bigger market and less management cost.
Security and control: users of Bitcoin have complete control over their transactions; It is impossible for merchants to charge fees that may occur in other payment methods that should not be or are not easy to find. Paying with bitcoin can avoid binding personal information in the transaction, which provides great protection for identity theft. Users of Bitcoin can also protect their funds through backup and encryption.
Transparency and neutrality: All information about the bitcoin fund supply itself is stored in the blockchain, and anyone can view and use it in real time. No individual or organization can control or manipulate the Bitcoin protocol because it is password protected. This makes the core of Bitcoin considered to be completely neutral, transparent and predictable.
Ethereum
Ethereum is the next generation cryptography ledger, which can support many advanced functions, including issuing currency by users, intelligent protocols, decentralized transactions and establishing decentralized autonomous organizations (Dao) or decentralized autonomous companies (DAC).
Ethereum does not particularly support every function. On the contrary, Ethereum has built-in Turing complete scripting language, which allows you to write code for the function you want to realize through a mechanism called "contract". A contract is like an automatic agent. Every time a transaction is received, the contract will run a specific code, which can modify the data storage inside the contract or send the transaction. Advanced contracts can even modify their own code.
Generally speaking, Ethereum is an open source platform digital currency and a blockchain platform, which provides a platform for developers to build and publish applications on the blockchain. Ethereum can be used to program, distribute, guarantee and trade anything, such as voting, domain names, financial exchanges, crowdfunding, corporate management, contracts and most agreements, intellectual property rights, and intelligent assets that benefit from hardware integration.
ETH is a programmable blockchain that belongs to the whole world.
Based on the innovation brought by Bitcoin, Ethereum has made many improvements.
Although both can enable you to use digital currency without the support of payment service providers or banks, Ethereum is programmable, so you can build other different digital assets based on it.
So Ethereum doesn't just mean payment. It is also a free market with various financial services, games and applications. No one can monitor or steal your data here.