Cryptographic currency is a digital asset product formed as a trading medium in an encrypted and secure peer-to-peer economic system. Use encryption technology to verify and protect transactions and control the creation of other units. Different from the central banking system we know, most cryptocurrencies are distributed, and computer system networks (also known as nodes) running around the world are distributed. Any user with weak Internet or radio signal can easily trade with people all over the world by clicking the button.

Introduction to digital currency:

1 refers to the digitization of money. Digitization is not equal to scanning. It's like a digital signature. Digital signature is not scanning your signature into a digital image, or obtaining your signature with a touch screen, let alone your signature. Digital currency is often mistaken for virtual currency. But virtual currency refers to unreal currency. For example, when you play Three Kingdoms (games) or go sailing, you have money, and that money is virtual. Of course, those virtual currencies will also have their real value. For example, if you buy her/his account from another player, you can get all the virtual assets of that player, and then it will be much easier for you to continue playing. Virtual currency is not necessarily digital. For example, children play games with pebbles as virtual currency. 19 August 10, Mu Changchun said at the China Financial Forty Forum that digital currency, the central bank, will adopt a two-tier operating system and will launch it soon.

2. Digital gold currency is a form of electronic currency named after the weight of gold. The typical unit of measurement of this currency is troy grams or troy ounces, although gold and dinars are sometimes used as units. The source of funds for digital gold currency is gold storage with no quota or decentralized quota. By June 5438+ 10, 2006, digital gold currency suppliers held more than 8.6 metric tons of gold as reserves, with a value of about $654.38+54 million.