What does 链币 (yìn liàn bì) mean in English? (Yīn bì qián bāo)
What does 链币 (yìn liàn bì) mean in English? According to Coindesk, 链币 (yìn liàn
What does 链币 (yìn liàn bì) mean in English? According to Coindesk, 链币 (yìn liàn bì) means [their own characteristic] in English, because it has its own unique features.
A blockchain project can conduct transactions and exchange value through issuing various tokens on different platforms. For example, the ERC-20 version of Bitcoin can be used on the Ethereum network (currently supporting BTC, ETH, LTC, etc.) or transferred through other cryptographic assets, such as stablecoin USDC. These tokens can also serve as collateral or be used as accounting units to mint new digital currencies; for instance, Ripple’s native token XRP can also be used to pay transaction fees and for other purposes.
Yīn bì qián bāo
Yīn bì qián bāo is a mobile application for storing and trading blockchain digital assets. It currently supports over 100 tokens, including Bitcoin, Litecoin, and Ethereum. The application was developed by the Yīn bì qián bāo research and development team using IPFS technology, and it utilizes the method of “on-chain generation of private keys” to save and protect users’ cryptocurrencies.
In 2017, Yīn bì qián bāo started providing services to domestic users and officially launched on July 1st, 2017. It took only about 5 minutes to restore the user experience. In early 2018, Yīn bì qián bāo also announced the launch of a new version of the APP: MetaMask plugin, which supports the transfer and receipt operations of all ERC20 and ERC721 Tokens. In late March 2019, Yīn bì qián bāo released a brand-new product: “Yìn chāo jī” and simultaneously updated the wallet UI interface and related functions. In the future, the promotion scale will gradually expand. (Wu Shuo Blockchain)
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