A few years ago, through a small cut through the WeChat red envelope, WeChat Pay successfully broke the monopoly of Alipay in the mobile payment field and formed a dual giant situation.
A few years later, when the blockchain is rapidly digitizing assets, digital currency wallets are regarded as the entrance to future digital asset transactions. Whoever wins this market is likely to become the future blockchain version of "WeChat" and "Alipay."
With the dream of creating a "blockchain digital currency wallet" or the ideal of using blockchain technology to change the world, such talents or projects fully enter the blockchain world. What changes will it bring to the blockchain world?
The first article of the blockchain data wallet series, how can there be no digital wallet in the digital economy era?
01. What is the difference between a blockchain wallet and an ordinary wallet?As long as it is a wallet, it has the essential characteristics of a wallet-it is used to hold money, and the blockchain wallet is no exception. It is loaded with "money", but it is loaded with "digital currency", such as Bitcoin (BTC) ), Ether (ETH), etc., anyone who has digital currency assets will use the blockchain digital currency wallet, which is the most basic tool for storing and managing their own digital currency.
Therefore, a digital currency wallet is first of all a software program or hardware device that stores encrypted currency. In terms of form, it is very similar to an online bank account, but also has a customer ID, account number, and password. The password of the blockchain digital currency wallet is the "private key", and only through it can the wallet be opened and operated.
The second basic function of a digital currency wallet is "receiving" and "transferring". Just like depositing and withdrawing money with a bank card, a card number and password are required for normal deposits and safe withdrawals. The blockchain digital currency wallet will create a "wallet address" (which can be regarded as a card number) for receiving various digital currencies, and generate a corresponding "private key" (which can be regarded as a password).
There are three biggest differences between digital wallets and ordinary wallets:
First, data wallets are not able to store all digital currencies or assets. Every digital wallet has its own types of digital currencies that can be stored. Digital wallets are really diverse, and it is best for investors to choose the one that suits them.
Second, the wallet cannot guarantee that the digital assets in it are safe. After all, the wallet is the user's assets, so the security issue is the most critical. After all, users are most worried about wallets being stolen by hackers, information loss, exchanges leaving, private keys and passwords forgotten, etc. Only by solving the problem of security can digital wallets have future prospects.
Third, digital currency wallets must run on various computer devices. According to the different platforms, it can be divided into desktop wallets, mobile wallets, online wallets, hardware wallets and paper wallets. According to your application environment, choose a digital currency wallet you commonly use.
To understand the blockchain wallet, we still need to understand a few core concepts:
Wallet address: Similar to a bank card number, one person can have multiple bank cards, and similarly, he can also have multiple wallet addresses, and one wallet address can only correspond to one private key.
Wallet identification code: similar to the customer ID (name) of a bank card.
Public key and private key: The holder of the private key is the holder of the currency in the bank card. The private key can calculate the public key, the public key can generate a wallet address through a series of digital signatures, and the data encrypted with the private key can be decrypted with the public key, and vice versa.
Keystore: A string obtained by encrypting the private key with a user-defined password, which is used for wallet operations such as transaction transfers. When transferring money, the private key is decrypted from the keystore through a custom password decryption, so the keystore password is very important.
Mnemonic phrase: Since the private key is difficult to remember, it can be converted into a series of words through a certain algorithm. These words are the mnemonic phrase. The mnemonic phrase is the private key for beautifying, which is essentially equivalent to the private key. Whoever has the mnemonic phrase has the right to use the wallet.
02. Digital wallets are highly favored by capital, and the number is growing rapidlyNew technologies have always been favored by capital. In the field of blockchain, because ICO can raise part of the funds, coupled with the favor of capital, the development of digital currency wallets is currently not short of money.
ImToken, a typical representative of digital currency wallets, recently received a USD 10 million Series A investment from IDG Capital. Prior to that, it won Angel Bay Ventures and other angel round investments in June 2016.
According to media reports, in the past year, digital wallets have received great attention from capital, and their deployment is extremely frequent. On June 23, 2017, Blockchain announced that it had received US$40 million in Series B financing. On January 19, 2018, Ledger SAS received a new round of financing of 61 million Euros. On April 18, 2018, Cobo completed a round of tens of millions of US dollars. Financing. On April 27, 2018, TokenPocket announced the completion of a multi-million yuan angel round of financing. On May 4, 2018, Kcash announced that it had received tens of millions of yuan in new financing.
On the user side, the description of smart usage continues to grow. By the end of March 2018, the number of users of global blockchain wallets, that is, digital currency wallets, reached nearly 24 million. The data on the total number of global users of blockchain wallets released by the data company Statista shows that since the birth of the virtual currency Bitcoin in 2009, the number of blockchain wallets has been increasing, and the growth rate has increased sharply.
The Chinese blockchain world is also staged a fierce digital currency wallet war. Digital wallets have the opportunity to become a new traffic portal. Once a large number of users gather, the development space will become huge.
However, there are not many well-known wallet projects on the market in China, and many are still in the brewing and development stage. In the development of digital currency wallets, there are also different development path options.
03. How can there be no digital wallet in the digital economy era?In the Internet era, new payment methods such as WeChat and Alipay have impacted traditional cash transactions.
In line with the development of the data economy, the digital currency wallets that accompany blockchain technology will also inevitably impact asset management methods. However, the data currency wallet does not store money, but the information of your digital currency or digital assets such as Bitcoin and Ethereum.
Blockchain exchanges carry transaction functions, while wallets carry storage functions. It's like buying stocks on a stock exchange, but you will eventually transfer the money to your own account instead of keeping it on the exchange. Coupled with the frequent hacking of digital currency exchanges, bloody lessons have made everyone more inclined to put digital assets in their wallets.
As a result, many digital currency wallet applications have appeared on the Chinese market, but not many digital wallets are actually used. imtoken is a widely used blockchain digital wallet management APP, which can help users manage accounts on Ethereum.
However, imtoken has been repeatedly complained by users, registration and use are very troublesome, the design is simple, and the experience is not good. Some users even think that imtoken is not like a digital currency wallet, but more like a simple money clip. .
If there is an improved imtoken digital currency wallet on the market that incorporates the functions of the Telegram IM tool of the blockchain community, do you want to try it right away? But if you use a digital wallet to chat or communicate, do you not take advantage of the security of digital currency? When will the real digital currency wallet be convenient, humane, safe and friendly?
A good digital currency wallet can only be the next one. Now, not many are satisfied.
With the development of the times, the consumption level of people is gradually increasing. At the same time, people's entertainment methods are beginning to diversify, especially for modern young people. As a result, different kinds of electronic products are starting to be in people's lives, and the booming Electronic Cigarette industry reflects this.
Described including the upper shell, the upper shell at the top of the smoke outlet, as described in the bottom of the upper shell with airway, described with the smoke outlet in the airway and also to match the upper shell, the lower part of the shell described the airway in the direction of the lower shell extension, as described in the lower shell near one end of the upper shell is equipped with oil mouth, described the lower shell with batteries, described at the bottom of the bottom shell has come in The air port is provided with an oil storage bin in the lower shell, and the air passage passes through the oil storage bin and is provided with a heating atomization bin at one end away from the smoke outlet. The utility model has beneficial effects: it can meet the smoking habit of different users, avoid the premature end of the use experience caused by excessive consumption of smoke oil, and indirectly prolong the service time and life of the product.
Refillable E-Cig Oem,Refillable Vape Pod,Refillable Vape Pen Oem,Refillable Mod Oem
Shenzhen MASON VAP Technology Co., Ltd. , https://www.e-cigarettefactory.com