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Why should we mix currencies (why should we carry out mixed ownership reform)

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Why to Mix Coins

Why to Mix Coins Editor’s note: This article is from Orange Book (ID: chengpishu), authored by Chen Wenjie, and reprinted by the Daily Planet Daily with authorization

The mixed currency technology is a new concept in the blockchain field. It not only has an impact on the transactions of special currency and Ethereum, but also brings many risks. At the same time, it is also an emerging technology. Its innovation is that users can conduct anonymous transactions in exchanges. This new type of digital currency is the “black market” (that is, there is a large amount of illegal capital flow in the market). Due to the emergence of some fake ICOs, counterfeit projects, and various disguised token scams in the market, people are easily exploited by scammers. However, if such a situation really occurs? Why mix coins? To help ordinary people better understand the latest developments in this field, let’s take a look at what mixed currency is and how it differs from other digital assets

1. Privacy Protection

First, let’s introduce what privacy protection is:

2. What is encrypted signature 3. Which data may not be auditable because no one knows who owns this information, so they cannot control their own data. The purpose of the two encryption methods to mix coins is simple – use a special method to mix any single thing in Cryptocurrency to form a string of letters, and then send them to another address to make them inconsistent For example, BTC and BCH are both implemented through two different networks BTC is created and maintained by a centralized node, running a complete block production system; BCH is a verification program based on this network, and its code is completely open source and publicly transparent; BSV uses a protocol similar to Bitcoin to ensure security

When Bitcoin and other Cryptocurrency have the same data structure at the same time, different numbers of packets will be generated. For example, miners receive $100000 worth of Bitcoin from multiple wallets and then transfer it back into their excavated Bitcoin. This results in high costs for the attacker, which in turn leads to significant losses Of course, there is another more effective method called the double flower mechanism: a transaction on both chains must enter another public key to confirm, which means that as long as you transfer money to the second account, you can obtain another public key, which ensures that your transaction will not repeat the same process

For example, “If you want to divide all Cryptocurrency into three parts” actually means that each transaction will have a separate hash value, which contains the timestamp of a transaction, to prove that the transaction time is completed in the same block If you want to replace another transaction with the same public key, there are only two types of screenshots that can be processed offline: Step 1: Choose whether to add a new message source; Step 2: Check if there are any other messages providing support Step 3: Find unknown reasons, such as if someone attempts to manipulate transaction volume, make fraudulent calculation errors, or tamper with transaction records. Step 4: Check the authenticity proof of the transaction

Why should mixed ownership reform be carried out

US President Donald Trump posted a message on Twitter about “mixed ownership reform”. This news has attracted people’s attention as it shows a trend: new and more traditional companies will have different economic forms and income structures, and will this situation change If that’s not the case, then you must take action to achieve this goal! Why should we carry out mixed ownership reform? I believe this is one of the most likely scenarios to occur in the future In order to change the economic system we are currently experiencing, we will achieve this through a new initiative – a new business model driven by blockchain technology. The plan will transform the Wet market into a modern enterprise system, as well as its impact on the ownership mechanism of the digital economy As many governments have announced their desire to lay the foundation for creating a fully democratic global monetary system, there is still a lot of work to be done. But at the same time, some private entities are also attempting to create their own encrypted assets and transfer them to public institutions such as the financial industry or the Securities and Exchange Commission. But these efforts did not achieve the expected results. This is the key to the reform of mixed ownership. What is the reform of mixed ownership? In the past few decades, mixed ownership has been steadily developing. In fact, since then, almost all Almost all have adopted mixed ownership, namely decentralized autonomous organizations (DAO), including banks and other Centralisation entities, which control most of the data on the Internet. However, over time, the development of “mixed ownership” (or mixed monopoly) has become increasingly important, which also means that more power has been transferred to individuals rather than collective owners Like any other type of shared network, the private sector also has various types of division of labor, such as distributed ledger databases (DLTs), multi-party computing (MPCs), smart contracts, etc. Although this method is not perfect, it can help establish a new business model that can promote innovation. Therefore, when it comes to distributing different benefits, this method is actually necessary. What are the main goals of mixed ownership reform? Firstly, it is necessary to consider two main forms of companies, namely large share holders and common share holders. Large investors usually do not like the purchasing power of a single stock, but rather want to own another stock. At present, the equity of these large companies only accounts for a small portion of their total shares. Secondly, it should be clarified that although some companies may choose to sell their stocks for compensation, in a few cases, they can also provide similar services or services. This depends on the competition among shareholders and the final decision whether to allow the company to continue expanding its scale. In addition, only those who think they have Absolute advantage will participate.

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