3 thoughts on “Seek the similarities and differences between electronic currency and digital currency”
Mildred
1. Different definitions: 1. Electronic currency: refers to the currency that is paid by electronic 2. Digital currency: is a virtual based on node network and digital plus algorithm algorithm currency. . Different characteristics: 1. Electronic currency: relying on electronic computer technology to store, pay and circulate, can be widely used in the field of production, exchange, distribution and consumption, integrate financial finance, integrate finance A variety of functions such as savings, credit and non -cash settlement. 2. Digital currency: Since the digital currency is not issued by some open algorithms, no one or institution can control its issuance; because the number of algorithms solves is determined, the digital currency's digital currency is determined, so the digital currency of the digital currency The total amount is fixed, which fundamentally eliminates the possibility of inflation caused by virtual currency abuse; because the transaction process requires the recognition of various nodes in the network, the transaction process of digital currencies is safe enough. . The same point: The circulation method of electronic currencies and digital currencies is two -way circulation. The expansion data
The virtualization of electronic currency is the actual currency value scale and payment method functions, and it is a currency without currency entities. Electronic currency is an intangible currency based on the highly developed electronic technology. The value of electronic currency is transmitted from consumers to the hand of the cargo sales merchant through the sales terminal, and the merchant redeem the currency in their hands. The merchant transmits the electronic currency held by their hands to the electronic currency issuer to redema the currency from its hands, or to the bank. The bank debit the corresponding amount on its account, and the bank will settle through the issuer through the clearing institution. The electronic currency can directly transfer the value of the currency between each holder, and does not require the intervention of third parties such as banks. This is also the essential difference between electronic currency and traditional withdrawal cards and transfer cards. Reference materials Source: Baidu Encyclopedia-Electronic Currency Reference Data Source: Baidu Encyclopedia-Digital Currency
First of all, their definitions are different. Electronic currency refers to the currency paid by electronic; digital currency is a virtual currency based on node networks and digital plus encryption algorithms. Secondly, their characteristics are different. Electronic currencies are based on electronic computer technology, storage, payment and circulation, which can be widely used in the fields of production, exchange, allocation and consumption.n00:00 / 01: 0070% shortcut keys to describe space: Play / suspend ESC: exit full screen ↑: increase volume 10% ↓: reduced volume decrease by 10% →: single fast forward 5 seconds ←: single fast retreat 5 seconds Press hold down and hold it down. Here you can drag no longer appear in the player settings to reopen the small window shortcut key description
Both e -currency and virtual currency are invisible. The most important difference between the two is the different issuers. Electronic currency is the electronicization of fiat currency, including our common bank cards, online banking, electronic cash, etc., as well as third -party payment developed in recent years, such as Alipay and Tenpay. Regardless of the form and the circulation of these electronic currencies, their initial source is the fiat currency issued by the central bank.
but virtual currency is the electronicization of illegal currency, and its initial issuer is not the central bank. For example, Tencent Q coins and other game coins, such virtual currencies are mainly limited to the circulation of specific virtual environments. The Bitcoin that appeared later solved the problem of decentralization and trust through blockchain technology, realized global circulation, and was sought after worldwide. Electronic currency and virtual currency are collectively referred to as digital currencies.
1. Different definitions:
1. Electronic currency:
refers to the currency that is paid by electronic
2. Digital currency:
is a virtual based on node network and digital plus algorithm algorithm currency.
. Different characteristics:
1. Electronic currency:
relying on electronic computer technology to store, pay and circulate, can be widely used in the field of production, exchange, distribution and consumption, integrate financial finance, integrate finance A variety of functions such as savings, credit and non -cash settlement.
2. Digital currency:
Since the digital currency is not issued by some open algorithms, no one or institution can control its issuance; because the number of algorithms solves is determined, the digital currency's digital currency is determined, so the digital currency of the digital currency The total amount is fixed, which fundamentally eliminates the possibility of inflation caused by virtual currency abuse; because the transaction process requires the recognition of various nodes in the network, the transaction process of digital currencies is safe enough.
. The same point:
The circulation method of electronic currencies and digital currencies is two -way circulation.
The expansion data
The virtualization of electronic currency is the actual currency value scale and payment method functions, and it is a currency without currency entities. Electronic currency is an intangible currency based on the highly developed electronic technology.
The value of electronic currency is transmitted from consumers to the hand of the cargo sales merchant through the sales terminal, and the merchant redeem the currency in their hands. The merchant transmits the electronic currency held by their hands to the electronic currency issuer to redema the currency from its hands, or to the bank. The bank debit the corresponding amount on its account, and the bank will settle through the issuer through the clearing institution.
The electronic currency can directly transfer the value of the currency between each holder, and does not require the intervention of third parties such as banks. This is also the essential difference between electronic currency and traditional withdrawal cards and transfer cards.
Reference materials Source: Baidu Encyclopedia-Electronic Currency
Reference Data Source: Baidu Encyclopedia-Digital Currency
First of all, their definitions are different. Electronic currency refers to the currency paid by electronic; digital currency is a virtual currency based on node networks and digital plus encryption algorithms. Secondly, their characteristics are different. Electronic currencies are based on electronic computer technology, storage, payment and circulation, which can be widely used in the fields of production, exchange, allocation and consumption.n00:00 / 01: 0070% shortcut keys to describe space: Play / suspend ESC: exit full screen ↑: increase volume 10% ↓: reduced volume decrease by 10% →: single fast forward 5 seconds ←: single fast retreat 5 seconds Press hold down and hold it down. Here you can drag no longer appear in the player settings to reopen the small window shortcut key description
Both e -currency and virtual currency are invisible. The most important difference between the two is the different issuers. Electronic currency is the electronicization of fiat currency, including our common bank cards, online banking, electronic cash, etc., as well as third -party payment developed in recent years, such as Alipay and Tenpay. Regardless of the form and the circulation of these electronic currencies, their initial source is the fiat currency issued by the central bank.
but virtual currency is the electronicization of illegal currency, and its initial issuer is not the central bank. For example, Tencent Q coins and other game coins, such virtual currencies are mainly limited to the circulation of specific virtual environments. The Bitcoin that appeared later solved the problem of decentralization and trust through blockchain technology, realized global circulation, and was sought after worldwide. Electronic currency and virtual currency are collectively referred to as digital currencies.