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What is Magic Coin?

Magic number currency is a virtual digital currency issued by the MDC magic number platform, also known as MDC currency. MDC currency was issued in 2018, with a total issuance of 3,942,000 MDC; MDC currency is a decentralized, open source currency used for Reservation system for renting hotel rooms, private properties or accommodation, MEDIC Coin is listed on 1 exchange and has 5 active markets.

The essence of the MDC magic number project is an effective combination of big data and blockchain technology. Through the underlying technology of the blockchain and the use of distributed storage data nodes, the purpose of data is difficult to be tampered with, securely stored, and effectively confirmed. It can be safely used according to the scope of authorization and prevent illegal acquisition.

The MDC magic number project fragments data and randomly stores multiple copies of fragmented data into a distributed node network to achieve rapid processing and safe storage of data, ultimately improving efficiency and protection. The purpose of data; through the large-scale distributed edge computing of blockchain, the collection and analysis of multi-dimensional data information can be realized, so that the data can be used rationally and efficiently. At the same time, the phenomenon of data monopoly and information islands is broken, and the value of data is maximized.

However, there are false scams in digital currencies, and users need to be cautious. The scams are as follows:

1. The project party claims that the currency price will only rise but not fall: the project party continues to promote the reward system, dynamic and static Income is spread through WeChat groups to expand the number of people, develop teams, etc., and publish false news on small media to attract users to join; this kind of platform usually promises dividends and only rises but not falls, but in the end it is inevitable to reap the rewards, and the currency price plummets. .

2. Project token transactions are not smooth. After the project starts operating, the price is completely controlled by the enterprise platform. In the second stage, it is listed on the internal market. When the transaction starts, more than three wallets are set up to lure users to invest in computing power. Interest accrues in the wallet, and transactions will not go smoothly if it is not stored in it. There are many restrictions. Common methods are to limit the number of transactions, frequently suspend trading for system maintenance, set up many wallets to charge fees for transfers, and limit transfers. quantity.