Home  >  Article  >  Is ORDI coin a domestic project? What is the Chinese name of ORDI coin?

Is ORDI coin a domestic project? What is the Chinese name of ORDI coin?

WBOY
WBOYforward
2024-02-29 16:00:071199browse

php editor Xigua will answer your questions about ORDI currency: ORDI currency is a domestic project, and its Chinese name is "Audi Coin". ORDI coin is a new type of digital currency with a strong technical team behind it, dedicated to promoting the development of blockchain technology. Hope this information is helpful!

Is ORDI coin a domestic project? What is the Chinese name of ORDI coin?

#Is ORDI coin a domestic project?

ORDI coin is not a state-supported virtual currency project, but an independent digital asset that is not subject to the jurisdiction of any country. Virtual currency is a form of digital asset that uses cryptography technology for secure transactions. The concept of ORDI coin originated from blockchain technology, which is a decentralized database system used to record and verify transaction information.

ORDI coin is a cryptocurrency based on blockchain technology. It adopts the ProofofStake consensus algorithm to ensure the decentralization and security of the network while reducing energy consumption. The ORDI coin was initially just an experimental product of the BRC20 token and did not have any functions. However, with the market hype and the new narrative of the Bitcoin ecosystem, the ORDI coin gradually transformed into a representative indicator leading the Ordinals protocol ecology.

On social platforms and other platforms, netizens’ evaluations of ORDI currency are very polarized. For technical people, it has no practical development applications and thinks it is just garbage; but for some netizens, it has no practical development applications. , ORDI currency represents the new ecosystem of Bitcoin and is the new narrative of the future bull market, which is bound to have a wave of gains.

What is the Chinese name of ORDI coin?

ORDI coin is called Audi coin in Chinese. It is the original chain token of the Ordinals protocol. It is also the Bitcoin BRC-20 token. It constitutes the ERC20 token of Ethereum and has also become the first on Bitcoin. Inscription Token is the first BRC-20 project involving the Ordinals protocol. Ordinals Protocol is an open source project and its development takes place on GitHub.

ORDI Coin is a fast, secure and private payment method. Its unique feature is that it has a ledger that cannot be tampered with, and each transaction is recorded on the blockchain, thereby achieving traceability of transaction history. In addition, the transaction fees of ORDI coins are extremely low, making it more economical and affordable than traditional payment methods.

The uniqueness of ORDI coin is that it adopts the ProofofStake consensus algorithm, which not only helps to reduce the energy consumption of the network, but also ensures the security and decentralization of the network. Due to these characteristics, ORDI Coin is able to meet the needs of many people for digital currency. Additionally, many merchants have begun accepting ORDI Coin as a payment method, further proving its utility and value.

The above is the detailed content of Is ORDI coin a domestic project? What is the Chinese name of ORDI coin?. For more information, please follow other related articles on the PHP Chinese website!

Statement:
This article is reproduced at:jb51.net. If there is any infringement, please contact admin@php.cn delete