Etc computing power

4. Now there are too many digital currency scams. This routine has gone too many times, so it is not recommended to do digital currency. Even if you want to do it, you can do bitcoin and so on

5. It's like a coin called yunbaolian. I searched for a paragraph to see if it's useful
cloud chain is the first risk protection platform in the world to guarantee the blockchain world. In the cloud insurance chain platform, each user can use CIC token to complete the whole risk hedging process of insurance, underwriting and automatic claim settlement. The cloud insurance chain guarantees the intelligent contract to realize the automation of claims settlement, at the same time to disintermediate the guarantee of the blockchain world, which greatly reces the trust cost and operation cost. On February 5, okex, the world's largest digital currency trading platform, announced the global launch of cloud insurance chain (CIC), and opened the trading markets of CIC / BTC, CIC / Eth and CIC / usdt.

6. POW is the abbreviation of proof of work. Chinese translation is the proof of workload. It is a decentralized, transparent and tamper proof algorithm mechanism. Bitcoin is based on the pow consensus algorithm, which has been running safely and smoothly for 10 years. At present, etc also adopts this algorithm mechanism, and it can get rewards through computing power mining.

7.

When driving on high speed, we all know that it is very convenient to install an etc, because it can pass through the toll intersection quickly without parking. This also saves a lot of time for the majority of car owners, because sometimes if we stop and then go to pay, it may delay some valuable time{ RRRRR}

in fact, sometimes I think this kind of equipment is very convenient, but the conditions in various aspects may not be very mature now, so sometimes it will lead to a wrong dection. In life, our car owners may feel very troublesome. We should protect our own interests. Even if your money is dected, you should respond in time. Or upgrade the system

8.

in November, the market value of iota soared more than 8 times, leaping to the top four in the digital currency list, successfully beating the old digital currency reborn. Iota mainly serves the Internet of things, and the point of speculation is also the Internet of things, and the Internet of things is also a popular concept in the past two years, so it is reasonable for the price of iota to soar. However, as an old digital currency, etc has begun to test the Internet of things as a breakthrough. So, as the two giants in the field of Internet of things, who can stand out in the future competition? Let's make a simple comparison

etc is the built-in encrypted digital currency of the original Ethereum chain, and the system has been running stably for a long time. Its core development team is composed of technical experts with rich experience in blockchain development. The decision-making and implementation of its technical scheme are democratic and scientific. The technology used by iota is similar to lightning network and lightning network. Lightning network technology itself is a more avant-garde technology. Bitcoin core development group first proposed to use lightning network technology to solve the problem of bitcoin expansion, but it has only stayed in the theoretical stage and has not been put into practice. The community generally believes that this technology is lack of practical test and its stability needs to be tested

The cryptography theory and principle used by

etc has been widely used in other IT fields and has been verified and optimized for a long time. It is a mature, safe, reliable and efficient information technology. Iota uses balanced ternary (numerical system represented by three digits) on binary hardware devices, which leads to the design of the system is too complex and the computational efficiency is reced. Another serious problem of this design is that the cryptographic hash algorithm must be redesigned, which brings serious security risks. In short, this technology is still in the theoretical stage, too avant-garde, does not have the value of practical application

the issuance of etc is completely decentralized, the currency price is not easy to be manipulated, and the new monetary policy will be implemented soon, which will guarantee the upper limit of the issuance of etc from the system and make it a compact digital currency, so as to ensure its value storage attribute. Iota is an ICO project in 2014, which has always been neither hot nor hot. A large number of iota tokens are in the hands of a few people, and the price is easy to be manipulated, which is one of the reasons why the price has increased eight times in less than a month. This trend of centralization is very disadvantageous to the long-term development of the community. Iota does not need to mine, there is no transaction fee, each participant provides computing power for the network, and there is no corresponding incentive measures, which is extremely unfavorable to the stability of iota network

iota uses tangle technology, which is not a real blockchain, but just to solve the problem of blockchain expansion. Blockchain is just a cover for iota. Therefore, iota as a technology can be used in the Internet of things, but it can not be used as a digital currency

compared with iota's blind pursuit of new technology, new concept and new theory, etc is more keen on mature and stable technology and continuous innovation under the premise of safety and stability. The Internet of things is also one of the biggest application scenarios of etc. The etc development team has started to develop the Internet of things friendly virtual machine, making it universal, independent and efficient

in addition, in order to make better use of IOT applications, etc community has reached a consensus and made a development plan of cross chain operation function. In view of the increasing transaction data in the field of Internet of things, the fragmentation technology and side chain technology are designed to ensure the security and improve the efficiency. The goal of etcdev team is to make etc blockchain a stable and easy-to-use technology. It's better to slow down the development progress than to do some rash experiments to prevent irretrievable errors from causing users' losses in the future

In a word, etc is more like a stable and easy-to-use technology, while iota is more like a rash experiment. The most important thing for large-scale application of technology is to be stable and easy to use, rather than blindly pursuing new concepts and technologies. Therefore, etc has the incomparable universality of iota, and has stronger application support ability in the field of Internet of things

9. The constitution of the crime of fraud is to fabricate facts and make up facts in an attempt to defraud others. Whether the investment constitutes a crime should also be determined from the aspects of the constitution of the crime of fraud, whether there are false statements, whether there are malicious frauds of money and so on.