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Ethernet classic blockchain query ETA

Publish: 2021-05-23 13:28:18
1.

a brief history of etheric Classics (etc)

etheric classics began with an unfortunate event

in May 2016, the decentralized autonomous organization (DAO) held a token sale with the goal of establishing a blockchain based venture capital to fund future decentralized applications (dapps) in the Ethereum ecosystem

basically, Dao is a complex smart contract that operates in a decentralized way - computer code that automatically performs tasks between multiple parties when conditions are met

despite its ambitious goals and successful token sales, Dao's code has a major vulnerability that allows attackers to steal eth from decentralized organizations

the attacker took advantage of this vulnerability in June 2016, triggering the infamous Dao hacking event, and maliciously stole eth worth about US $50 million

there is no doubt that Dao hacking has shocked Ethereum community and made eth price drop from $20 to $13

after the Dao hacking, the Ethereum community has to choose from three options

< UL >
  • do nothing and try to bear the consequences of the attack

  • start soft bifurcation to recover funds

  • deploy a hard fork to recover the lost eth

  • both soft and hard bifurcations are significant network upgrades. However, soft fork allows users who are not upgraded to communicate with upgraded users, while hard fork is not backward compatible with previous versions

    as developers realize that deploying soft forks will expose the network to distributed denial of service (DDoS) attacks, Ethereum community decides to initiate hard forks to recover the funds lost in Dao hacking attacks

    although this scheme is supported by most people, a small number of people in Ethereum community oppose it. They think that "code is the law" and blockchain network should be unchangeable

    the failure of both sides to reach an agreement on the solution eventually led to the fragmentation of Ethereum blockchain

    those who tried to recover the lost eth chose the hard fork and opened the Ethereum (ETH) blockchain as we know it today, while another group stayed on the original Ethereum classic (etc) chain

    what problems does ethereal classic solve

    Ethernet classic (etc) is a blockchain platform that allows developers to deploy smart contracts and dapps

    although this function is the same as Ethereum (ETH), etc blockchain has two main differences

    first of all, Ethereum classic community opposes tampering with distributed ledger and supports the view that "blockchain network cannot and should not be modified"

    secondly, although there is no rigid upper limit on the total supply of eth, it is allowed to create 230 million etc at most by adopting the monetary policy of constant supply

    as a bonus item, ethereal classic launched Atlantis hard bifurcation last year to increase the interaction with Ethereum and improve the privacy protection of transactions through ZK snarks

    the trading platforms recommended by ethereal classic etc are: Fire coin, okex, AAX, etc

    2.

    a brief history of etheric Classics (etc)

    etheric classics began with an unfortunate event

    in May 2016, the decentralized autonomous organization (DAO) held a token sale with the goal of establishing a blockchain based venture capital to fund future decentralized applications (dapps) in the Ethereum ecosystem

    basically, Dao is a complex smart contract that operates in a decentralized way - computer code that automatically performs tasks between multiple parties when conditions are met

    despite its ambitious goals and successful token sales, Dao's code has a major vulnerability that allows attackers to steal eth from decentralized organizations

    the attacker took advantage of this vulnerability in June 2016, triggering the infamous Dao hacking event, and maliciously stole eth worth about US $50 million

    there is no doubt that Dao hacking has shocked Ethereum community and made eth price drop from $20 to $13

    after the Dao hacking, the Ethereum community has to choose from three options

    < UL >
  • do nothing and try to bear the consequences of the attack; Or

  • start soft bifurcation to recover funds; Or

  • deploy a hard fork to recover the lost eth

  • both soft and hard bifurcations are significant network upgrades. However, soft fork allows users who are not upgraded to communicate with upgraded users, while hard fork is not backward compatible with previous versions

    as developers realize that deploying soft forks will expose the network to distributed denial of service (DDoS) attacks, Ethereum community decides to initiate hard forks to recover the funds lost in Dao hacking attacks

    although this scheme is supported by most people, a small number of people in Ethereum community oppose it. They think that "code is the law" and blockchain network should be unchangeable

    the failure of both sides to reach an agreement on the solution eventually led to the fragmentation of Ethereum blockchain

    those who tried to recover the lost eth chose the hard fork and opened the Ethereum (ETH) blockchain as we know it today, while another group stayed on the original Ethereum classic (etc) chain

    what problems does ethereal classic solve

    Ethernet classic (etc) is a blockchain platform that allows developers to deploy smart contracts and dapps

    although this function is the same as Ethereum (ETH), etc blockchain has two main differences

    first of all, Ethereum classic community opposes tampering with distributed ledger and supports the view that "blockchain network cannot and should not be modified"

    secondly, although there is no rigid upper limit on the total supply of eth, it is allowed to create 230 million etc at most by adopting the monetary policy of constant supply

    as a bonus item, ethereal classic launched Atlantis hard bifurcation last year to increase the interaction with Ethereum and improve the privacy protection of transactions through ZK snarks

    the trading platforms recommended by etc

    hot money, okex, AAX, etc

    3.

    Both aoex and E-app can view real-time dynamic transaction

    data

    4.

    The idea of Ethereum was born in 2013. Vitalik buterin ˙ When he was a programmer in the bitcoin community, he suggested to the core developers of bitcoin to develop a language for application developers to facilitate the development of various applications. Bitcoin core developers disagree. So God V decided to develop a new platform for this purpose

    V God wrote the white paper of etheric currency in 2013, in which he explained the goal of building a decentralized program. In 2014, we got development funds through crowdfunding, so we developed the Ethernet system< (better digital currency trading platform "currency exchange")

    since its birth, it has carried out four hard bifurcations so far

    for the first time, in order to adjust the difficulty

    released a stable version of "homeland" for the second time

    for the fourth time, in order to prevent DDoS and rece weight

    there is only the third hard fork, because of the hacker attack, and forced to fork. This is the Dao event

    On July 30, 2015, v-god and Ethereum Foundation created the first smart contract platform and designed the Dao Ethereum contract

    on April 30, 2016, the Dao smart contract was officially deployed, and the world's largest crowdfunding was completed, reaching an amazing $150 million As an aside, the biggest crowdfunding event in time is EOS crowdfunding, which has reached an even more amazing $5 billion!)

    on June 17, 2016, the Dao was attacked by hackers, who stole about 50 million US dollars of Ethernet currency, and the price also plummeted from US $20 to US $15, causing great harm to Ethereum. In order to recover the loss of investors, the community finally decided to hard fork

    therefore, on July 20, 2016, at the block height of 1920000, the hard branching was successful, and the new chain is called Ethereum eth, while the original chain is now Ethereum classic etc

    5.

    The relevant certificates can be issued online for the data of blockchain storage and network forensics through easysaving. Through the record number on the certificate, the blockchain query can be concted directly through the official website of easysaving and relevant arbitration commission, including the preservation subject, preservation time stamp, Guangzhou Internet court evidence number, blockchain hash value and other relevant information

    6.

    Through the record number on the forensics certificate, you can also directly query the blockchain on the official websites of easy security, notary office and Arbitration Commission, including the preservation subject, preservation timestamp, Guangzhou Internet court evidence number, blockchain hash value and other relevant information, so as to ensure the openness, transparency and traceability of blockchain storage data

    8.

    The relevant blockchain information can be queried by inputting the record No. on the official websites of platforms such as easy security, Shenzhen Shantou International Arbitration Court and Shiyan Arbitration Commission


    9. One is the fan community, the other is the project
    Ethernet classic has an application that runs completely according to the program, with no failure, no review, no fraud and no interference from third parties. Ethereum classic is the continuation of the original Ethereum blockchain, which retains the history of the classic version without modification; Free from external interference and subjective tampering transactions
    etc fans is a new trend to promote the research cooperation between ethereal classic and blockchain instry ecology, and promote the development of ethereal classic ecology.
    10. The team of TAC traceability chain has strong executive power. It has been established for only half a year, and the main network has been officially launched on June 30, 2018. At the same time, DAPP, wallet token and blockchain browser are also online. You are welcome to try out this set of basic tools.
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