just nowThe most obvious application of blockchain may beVirtual currencyBit currency - it is often worth rapid growth brings news - but the facts on the basis ofDistribution type the password techniques other currencies and currency more than 2,000.
They collectively referred to as cryptocoins or cryptocurrency, and everyone claims to somehow fill angle color or solve the problem , other thanThe solution is better. The unified factors between them areBlocks chain concept , and it establishes the identity and ownership , record transactions and the implementation of " smart contract capacity". Currently, these encryption currency of the collective value of 150 million Meiyuan to 200 billion Meiyuan between (which fluctuate greatly), thus involving large sums of money - but many people believe that this is just the beginning. With the maturity of coin technology and infrastructure , providing truly usefulSolve the program 's encryption currency may find their value increased rapidly, asBits money doing the same. This allows them to invest are very attractive .
However, this is a big problem . These 2,000 kinds of money and tokens large part of no practical use way , or did not get the mainstream adoption of opportunity . This may be (partially) Why involve the use of encryption currency to raise funds latest trend - initial Coin Products (ICO) just in China was declared illegal. Other governments , especially Western countries, the government has not so keen on restructuring .
This led to a situation "Wild West" - the law and order did not keep up with the society spread to the unknown realm of pace . Although there are certainly gold surges, there are also many thieves and rattlesnakes.
Initial coin product
As a form of crowdfunding , ICOs are becoming more and more popular - by effectively allowing transactions and using no trust, unforgeable, open and encryptedBlock chainShares ticket orShares ticket ownership conduct transactions and records.
Digital currency index -founder Roger Bryan told me that he believed in encryption currency market to attract institutional investment scale needed before more regulation , because these projects require their full potential .
"The industry only has a specification of the time will be the best I know a lot of self first. Encryption currency 's founder will avoid such a point of view - think it is to get rid of the ultimate decentralization of goal ."
“Block chain will change the data handling and investment approach - and we need the regulatory agencies to cooperate in order to do this the right task . ”
Currently, I want to be specificBlock chain currency , items or tokens of future potential profitability of the investment can do so through a lot of ICO - which often require a lot of initial purchase of $ 10,000 dollars or more. Or they can be in a few onlineTrading The trading tokens , coins and currency (These codes are all cryptocurrency the collective label ).
Bit currency is "gatekeepers coin" - you usually needBit money to invest in other encryption currency - this is the particular currency true with the way one, and no doubt it is worth continuing to rise played a role.
Cryptocurrencies conflict
Other coins andBlock chain project claiming different unique selling point. For example, Ripple is aimed at the financial services industry in the application , and has to some extent been including Santander Bank and UBS , including global implementation participants.
Another encryption currency --Dash-- aims to increase the user 's anonymity to improve performanceBit currency competitive force, and services designed to achieve intelligent contracts additional function .
Ethernet Square is another cause financial services industry interest in the project , is a smart contract provides another platform to spread and automated way to sign and execute.
Other coins have a more specialized or niche of applications - online gaming tokens predictable pop, and aims at a large number of online andThe currency in which mobile games are traded .
All of these coins attract hope to get into the "nextBit money " buyers of speculative property investment , but Bryan told me," Any vote only coin investment will have a very high risk .
"There's a 2200 coin, when we sat down to analyze , only 27 coins through our stress test . Phase I ICT through the best possible allocation of those deadline to reduce the degree of risk people."
Brian’sThe digital currency index is the most promising 30 currencies among these coins . He said that his team has applied quantitative and qualitative analysis and considered more than 20 data points for each project .
This allows them to select the coins in the index with a high degree of confidence in order to meet the purpose of their creation and to provide rewards for the people who now support them .
In addition to market performance and on coins in circulation number , they also manually review each item of documentation and white book , in order to assess their business use cases, and monitor social media to determine the mood .
"What we are really doing is looking for red flags on coins that have already been pulled out - we can see that the value of coins has risen because people are talking about them instead of having any basic data points why they are up."
This is a way to counteract a lot of manipulation in the market . Because there is no oversight and influx of new, often careless funds , there is a lot of joy in talking about specific projects to quickly reduce costs .
There are a lot of people are likely to use in the past few years encrypted currency market to make money , but their design breakthrough progress in large part to a large extent still influence our lives .
But, as Brian eager to point out, this is a very early time . Those who make password- based plans to change the world may have to get used to more responsibility and more transparent operations if these plans are to enrich their true potential .