digital currency is similar to the gold standard

digital currency is similar to the gold standard

In the current macro form, if the Fed continues to cut interest rates, it will undoubtedly weaken the strong position of the US dollar, increase the new stimulus to the economy, reduce the risk of economic recession, and increase asset bubbles to a certain extent. Therefore, as for digital currency, if Powell's speech on Friday revealed the possibility of further interest rate reduction, the macro comparison of bitcoin, bitcoin, is a decentralized, non universal global payment encryption digital currency, while most countries think that bitcoin is a virtual commodity, not a currency. The concept of bitcoin was born in a paper signed by Nakamoto Nakamoto in 2008. On January 3, 2009, based on the peer-to-peer network without borders, it was invented with consensus initiative open-source software. The number of bitcoin agreements is capped at 21 million to avoid inflation. Using bitcoin is to use the private key as a digital signature, allowing individuals to pay directly to others without going through third-party institutions such as banks, clearing centers, securities dealers, etc., thus avoiding the problems of hdigital currency is similar to the gold standardigh fees, cumbersome procedures and regulatory issues. Any user who has a digital device that can connect to the Internet can use it. Bitcoin btcbitcoin it's good to see more digital currencies.

Terraterra is a stable currency project founded by Korean entrepreneur Danial shin. Terra will establish a modern blockchain financial system and is establishing terraalliance global e-commerce partner group to promote the rapid adoption and use of its blockchain payment system. The team aims to address the major barriers to large-scale adoption of digital currencies by creating a price stable cryptocurrency (stable currency),

According to Forbes, cdigital currency is similar to the gold standarduy Sheffield, senior director and head of encryption program at visa, a payment giant, said,

Force protocol force protocol the force protocol is a blockchain open financial platform supported by well-known investment institutions such as ICBC capital and Bawei capital, which is built for the application of distributed financial services. By abstracting and encapsulating the distributed financial business process, the one-stop solution is used to enable decentralized financial application development in the form of SDK and API. It provides an open platform for decentralized application development such as decentralized lending, stable currency, bonds and derivatives trading. More forTube liquidity mining will officially open at about 11:00 a.m. on August 4, 2020, with a starting block height of 10591168 and an end block of 10637168. The first round of mining is divided into wind, forest, fire, mountain four rounds, 7 days for a mining round, a total of 28 days. The mining method is deposit mining, users only need to deposit the mining currency supported by the platform, and they can get for as reward. The deposit of digital currency has no lock period and can be taken as soon as it is deposited. The mining income is calculated dynamically. The reward for each block of the [wind] round mining is 100 for. 40for is assigned to HBTC pool, 40for to usdt pool and 20For to busd pool.

Digital currency exchange in London CEX.IO It is announced that the public chain project ontology will be launched at 12:00 p.m. GMT on August 15, a new generation of high-performance basic public chain, including complete distributed ledger and intelligent contract system support. At the same time, the ontology architecture supports the public chain netwodigital currency is similar to the gold standardrk system. In addition to providing basic public chain services, the ontology blockchain framework supports public chain customization for different applications, and supports chain network collaboration through different protocol groups. On top of the basic layer, ontology will continue to provide common modules in various distributed applications, such as distributed identity framework, distributed data exchange protocol and other supporting distributed trust collaboration components, and will continue to expand new common modules according to application requirements. Ontology is one of the most potential public chains in China. The technology level uses a faster consensus mechanism to support cross chain communication, authentication, data transaction, etc. Investors include Sequoia China, Jingwei China, Danhua capital, hashed, Jiuding, etc. Ontology ontonologyontology can view more dollar and euro trading markets of ont and ong. At the same time, visa and master flash payment function are opened, and users can purchase with credit card. CEX.IO Founded in London in 2013, it now offers cross platform transactions. Not long ago, the Exchange announced that it would launch the ontological token ont and ong Indonesian legal tender trading on August 19.

Once the MyKey management private key (recovery code) is exported, it will be stored offline forever. We recommend that users copy multiple copies or use hardware wallet management. The operation private key is closely bound to the user's smart phone, so the user does not need to care about the details of the technology implementation, but only needs to provide the account password or the correct biometrics to retrieve the operation private key. 3. Delay recovery mechanism. In order to avoid the immediate consequences caused by the loss of private key, MyKey needs a certain delay when changing the private key. At the same time, MyKey provides an emergency contact mechanism. After passing the out of chain identity authentication, the emergency contact can help quickly replace the key, or help to regain the management authority (with delay) when the management private key is lost. 4. Risk response system. Based on the previous points, under MyKey system, MyKey provides corresponding solutions for the risk events such as user negligence, hacker attack and theft, which can deal with most problems such as mobile phone loss, password forgetting, recovery code loss and recovery code theft. Mykeymykeymykey view more announced that after the three-month public test and the incentive plan for invitation to register, a total of 5260 people registered through MyKey from August 21 to August 22 (UTC + 0), accounting for the new smart contract platform used by eoseoseoseos to build distributed applications. Dpos consensus mechanism is adopted, the speed is more than 100000 TPS, identity authentication is supported, and zero handling fee payment is provided. Founder Daniel Larimer has successfully founded bitshares and stemmit, both of which have a market value of more than $800 million. EOS has partnered with galaxy, the largest crypto digital hedge fund in the US, to invest exclusively in the EOS ecosystem. EOS view more 73.96% of the total number of registered people in the whole network, and all of them have completed KYC certification. MyKey said that it will continue to lower the threshold of EOS use, and ordinary users do not need to be troubled by CPU / net / ram, nor need to worry about the risk of private key loss. According to, MyKey is an autonomous identity system based on multiple blockchains. From the perspective of digital asset management, MyKey is also a decentralized Multi Chain Wallet. Through digital currency storage, trading, financial management, games and communities, MyKey is also a decentralized Multi Chain Wallet,