诺娃RWA丨解密加密货币：技术本质与现实边界

Core Insights - The core of cryptocurrency lies in cryptographic security mechanisms, relying on three main pillars: hash functions, asymmetric encryption, and consensus mechanisms [1] - Major categories of cryptocurrencies include native cryptocurrencies like Bitcoin, stablecoins like USDT and USDC, and platform tokens like Ethereum that support smart contracts [3] - Global regulation of cryptocurrencies has shifted from ambiguity to structured frameworks, with the EU's MiCA Act and the US's GENIUS Act establishing clearer guidelines [3] Group 1 - Cryptocurrencies are categorized into three types: native cryptocurrencies with a fixed supply, stablecoins pegged to fiat currencies, and platform tokens for decentralized applications [3] - The EU's MiCA Act requires stablecoin issuers to hold 100% reserve assets, while the US's GENIUS Act brings stablecoins under federal regulation [3] - Countries are focusing on anti-money laundering measures, requiring service providers to conduct customer due diligence [3] Group 2 - The price of cryptocurrencies is highly influenced by market sentiment and lacks actual value support, making them high-risk digital assets rather than currencies [3] - Understanding the asset attributes and regulatory boundaries of cryptocurrencies is more important for the general public than chasing short-term gains [4]