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Basic knowledge of virtual currency
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[QUOTE="god31, post: 271268, member: 89916"] 1. Non-cryptocurrency (corporate currency) is issued by companies or private individuals on a self-fixed basis, and can be issued indefinitely without solving the equation through the CPU operation program of the computer's graphics card. Well-known virtual currencies such as Baidu's Baidu Coin, Tencent's Q Coin, Q Point, Shanda's coupons, and Sina's micro-coins (for reading in micro game and Sina, etc.). Because it can be issued indefinitely according to market demand, it has no value of collection and appreciation. 2. Digital cryptocurrency is not issued by legal tender institutions and is not controlled by the central bank. It is based on a set of open source codes of equations calculated by computers all over the world, generated by a large amount of calculation processing of computer graphics cards and CPU, and uses cryptographic design to ensure the security of all links of currency circulation. Cryptography-based design can make cryptocurrency only be transferred or paid by the real owner. 3. The biggest difference between digital cryptocurrency and other non-encrypted virtual currencies is that its total quantity is limited, and it is extremely scarce. Because the total amount of open source code of this set of equations is limited, if you want to get it, you must get it through the operation of computer graphics CPU. [/QUOTE]
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