$Bitcoin (BTC.CC)$ XRP, DOT, and ETH: The underlying logic analysis and cross-border payment demand on the cryptocurrency market.
With the continuous evolution of the cryptocurrency market, digital currency has gradually become not only a store of value and speculative tool, but also undertakes more practical functions with technological support. Bitcoin is hailed as the "digital gold" due to its scarcity and simple yet robust design, becoming a well-known digital asset to the public; while cryptocurrencies like XRP, DOT, and ETH are widely discussed due to their innovation and rich application scenarios. This article will explore in depth the underlying logic, technical complexity of these virtual currencies, and the potential impact on XRP in the context of the surge in cross-border payment demand.
1. Bitcoin: The "digital gold" constructed by scarcity and simplicity
The core logic of bitcoin can be summarized as "digital gold". It relies on the fixed scarcity, simple yet powerful Proof of Work (pow) mechanism to become a decentralized store of value. The security and verifiability of bitcoin make it a solid benchmark in the cryptocurrency market. Due to its relatively simple design and the driving factors of demand being relatively pure, mainly based on fighting inflation, storing wealth, and market confidence, the bitcoin ecosystem has maintained a relatively simple and robust advantage technically.
In contrast, other cryptocurrencies often require more complex technical architecture to achieve diversified applications due to innovative design features, which also brings vulnerability and volatility...