Is the decentralization of piedao reliable

Ethereum is an open source public blockchain platform with smart contract function. It provides decentralized virtual machine (Ethereum virtual machine) to process point-to-point contract through its special cryptocurrency ether (also known as "Ethereum")

blockchain is called ether, and the code is eth. It can be traded in many foreign exchange markets of cryptocurrency, and it is also the medium used to pay transaction fees and computing services on Ethereum

the concept of Ethereum was first proposed by vitalik buterin, a programmer, from 2013 to 2014, inspired by bitcoin, with the general meaning of "next generation cryptocurrency and decentralized application platform", and began to develop through ICO crowdfunding in 2014. As of February 2018, Ethernet is the second highest cryptocurrency in market value, second only to bitcoin

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Ethereum platform has no characteristics and value. Like programming languages, it's up to entrepreneurs and developers to decide what to use. However, it is clear that some application types benefit more from the functions of Ethereum than others. Ethereum is especially suitable for those applications that automatically interact directly between points or promote group coordination activities across networks

for example, coordinate the application of point-to-point market, or the automation of complex financial contracts. Bitcoin enables indivials to exchange money without the help of financial institutions, banks or governments. The impact of Ethereum may be more profound

in theory, any complex financial activities or transactions can be automatically and reliably carried out on Ethereum with coding. In addition to financial applications, any application scenario with high requirements for trust, security and persistence, such as asset registration, voting, management and Internet of things, will be affected by Ethereum platform on a large scale

1. Different network architectures:

decentralized application (DAPP) runs on the distributed network, the information of participants is protected (or anonymous), and the decentralized operation is carried out through different people in the network nodes. Distributed network is made up of node computers which are distributed in different places and have multiple terminals. When any line in the network fails, the communication can be completed through other links, which has high reliability

traditional app needs services provided by third-party service providers, and can achieve wireless network access through mobile communication network, which belongs to the centralized network architecture mode

2. Different from open source:

DAPP applications must be open source. Most of the tokens issued by DAPP run independently rather than controlled by an entity. All data and records must be encrypted and stored on a public and decentralized blockchain

traditional app software, games, navigation and other applications are generally provided by third-party service providers, which should solve the problems of right protection and economic interests, and their programs are not open source

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in 2018, a large number of new DAPP projects were launched. According to the statistics, there are about two or three thousand dapps in the whole network. According to the DAPP survey of fluence labs, 72% of DAPP projects were launched in 2018. This means that in the past year, the number of dapps in the whole network has more than tripled

of all dapps, more than 80% are developed on Ethereum, about 20% on EOS and less than 10% on Tron. It is worth noting that about 10% of the projects are developed on multiple main chains at the same time, while the number of dapps developed on other main chains is relatively rare

there are about ten projects based on gxchain, mainly small applications in block city