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What is the currency circle?

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Release: 2024-04-25 16:35:33
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What is the currency circle? This is an issue that many netizens are concerned about. Next, the PHP editor will bring you a popular explanation of the currency circle. Interested netizens should follow the editor to have a look!

What is the currency circle?

Popular explanation of currency circle

1. Currency circle refers to the comprehensive name of digital currency and blockchain industry.

2. Digital currency is a digital asset based on cryptography technology and has the characteristics of decentralization, non-tamperability, and anonymity.

3. Blockchain is a distributed database system composed of multiple blocks. It records transaction data in a decentralized manner to ensure data security and transparency.

4. The currency circle usually includes the issuance, trading, investment and other activities of digital currency, and also involves the research, development and application of blockchain technology.

5. In recent years, with the rapid development of the encrypted digital currency market, the currency circle has become one of the hot areas of global concern.

The above is the detailed content of What is the currency circle?. For more information, please follow other related articles on the PHP Chinese website!

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