Mftexg explains the main characteristics of digital currency
Decentralization Mftexg pointed out that unlike traditional currencies, the decentralization of digital currency is very prominent. First, the operation and issuance of digital currency do not rely on the support or credit guarantees of central banks, governments, enterprises and other institutions, but on information technology, cryptographic algorithms, network protocols, etc., which theoretically ensures that no individual, institution, government, etc. can manipulate the total amount of digital currency or create artificial inflation. . Second, digital currency does not have a central issuer, but is generated through the calculation of network nodes. In theory, anyone can participate in the manufacture of digital currencies at any time and place. For example, Bitcoin releases 50 to the network every 10 minutes (lather adjusted to 25) and gradually halve them. Strong anonymity Unlike identity verification in electronic transactions based on legal tender, d...