What are the differences between crypto and non-crypto coinsCrypto vs. non-crypto digital currencies

Difference:

Non-crypto currencies (corporate coins):

1, personal behavior

2, the company makes its own _

3, can not be decentralized

4, can not be traded on international trading platforms

5, unlimited issuance

6, there is no mining pool URL, no original code

7, can manipulate the price, mostly one-way relationship (a corporate cafeteria meal tickets, Q coins, etc.)

Open-source digital cryptocurrency:

1, decentralized - not subject to regulation by individuals, corporations, and national banks

2, limited issuance

3, can be traded freely on international trading platforms

4, there is a mining pool URL, the original code

5, not taxed, will not be frozen, can not control the price

Cryptocurrency benefits:

1, compared to paper money, eliminating the cost of the paper money itself in all aspects of the printing, data review, anti-counterfeiting, escort circulation, vault storage and so on.

2, completely decentralized, there is no issuing body, it is impossible to manipulate the number of issues.

3, no borders. If you trade with cryptocurrencies, you can directly enter your account address, click the mouse, and wait for the network to confirm the transaction, and then a large amount of money will pass.

4, any store using cryptocurrency transactions, can save taxes and the cost of funds to regulate a large number of fees.

5, not subject to central bank control, the number of limited, can completely resist the pressure of inflation. Let the people's wealth preservation, and value-added. (Things are rare and expensive)

Expanded Information

Cryptocurrencies other than Bitcoin, also known as Shanzhai Coin, Competitive Coin (English: altcoin), partly with reference to Bitcoin ideas, principles, source code generated by the virtual currency similar to Bitcoin, there are currently more than 800 kinds of cryptocurrency in circulation.

Since Bitcoin itself does not have an authoritative issuing organization or state power to maintain its authority and uniqueness, Bitcoin and its imitators can only get along with each other as equals. It does not have an absolutely exclusive status.

References:

Baidu Encyclopedia - Cryptocurrencies