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· @yanju ·
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Question answered on Musing.io
<a href="https://musing.io/q/jiangshilin/what-is-an-encrypted-digital-currency">View this answer on Musing.io</a>
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json_metadata"{"app":"musing/1.1","appTags":["encrypted","digital","currency"],"appCategory":"encrypted","appTitle":"What is an encrypted digital currency?","appBody":"<p>Digital cryptocurrencies are issued without relying on legal tenders and are not subject to central bank control. It is based on a set of equations open source code for computer operations around the world, generated by computer graphics cards, CPUs, and cryptographic design to ensure the security of all aspects of currency circulation. Cryptographic based design allows cryptocurrencies to be truly owned</p>\n<p>Everyone knows that virtual currency is divided into two categories: non-cryptocurrency (enterprise currency) and digital cryptocurrency.</p>\n<p>1. Non-cryptocurrency (enterprise currency):</p>\n<p>It is issued by the company or private self-fixed, and can be distributed in an unlimited way without the need to solve the equation by the computer's graphics card CPU calculation program. Because it can be issued indefinitely according to market demand, it does not have the value of collection and appreciation.</p>\n<p>Second, the digital cryptocurrency:</p>\n<p>It is not issued by a legal currency institution and is not subject to central bank control. It is based on a set of equations open source code for computer operations around the world, generated by computer graphics cards, CPUs, and cryptographic design to ensure the security of all aspects of currency circulation. The cryptography-based design allows cryptocurrencies to be transferred or paid only by the real owner.</p>\n<p>3. What does a digital cryptocurrency look like?</p>\n<p>Real open source code, which is a myriad of special solutions generated by a series of complex algorithms. After mining, the cryptocurrency is a series of codes. Just like the serial number in the lower left corner of the renminbi, as long as you master the open source code, who owns it? This serial number, who owns the right to use this cryptocurrency. You can actually own this financial digital asset.</p>\n<p>4. What is the difference between non-cryptocurrency and open source digital cryptocurrency?</p>\n<p>Non-cryptocurrency (enterprise currency):</p>\n<p>1: personal behavior</p>\n<p>2: The company makes its own</p>\n<p>3: Uncentralized</p>\n<p>4: Unable to trade on international trading platform</p>\n<p>5: Unlimited release</p>\n<p>6: No mine pool URL, no original code</p>\n<p>7: Controllable price, mostly one-way relationship (a company canteen meal ticket, Q currency, etc.)</p>\n<p>Open source digital cryptocurrency:</p>\n<p>1: Decentralization - not regulated by individuals, companies, national banks</p>\n<p>2: Limited release</p>\n<p>3: Free trading on international trading platforms</p>\n<p>4: There is a mine pool URL, the original code</p>\n<p>5: Not taxed, will not be frozen, uncontrollable price</p>","appDepth":2,"appParentPermlink":"pkd6nx9nw","appParentAuthor":"jiangshilin","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}"
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