How to trade the dug Ethereum

1. Note that Ethereum is 2.0 now. As of 13:57 on the 4th, the current deposit contract address of Ethereum 2.0 has received 1000098eth, and 31252 addresses have completed the mortgage of 32eth. With the increasing number of mortgage, the annual yield of mortgage will graally decrease. After the mortgage amount reaches 1 million eth, the current annualized yield is about 15.7%. Zhongyuan, a well-known exchange, has taken the lead in opening the mining channel of eth2.0 verification node, and then launched qeth. Users can invest their own eth in verification node mining and exchange qeth to obtain liquidity, and then participate in mining. Compared with the disadvantages of eth2.0, qeth has too many things: the liquidity is guaranteed, the user does not have to bear the technical cost, the threshold of participation does not need 32 eth as low as 0.1eth, the nodes are maintained by the platform, and the income is distributed according to eth2.0.

2. Generally speaking, buy eth on the exchange, then wait for the price to rise and sell to earn the difference. Virtual currency prices, including eth, are difficult to predict. There is no limit to the range of rise and fall. Once the loss is huge. However, in the domain Kingdom, the initial investment is only US $5, so we only need to judge the rise and fall direction of eth price. If it is correct, we will make profits, if it is wrong, we will lose us $5 of the transaction, and the loss can be controlled.

3. There must be some people who accept it. There are a lot of 0.5eth. Fire money and coin can be traded, first into usdt, then into legal money

4. The token of Ethereum is proced in the process of mining, with a mining rate of 5 Ethereum coins per piece. The mining process of Ethereum is almost the same as that of bitcoin. For each transaction, miners can use the computer to run the unique title metadata of the block through hash function, and guess the answer repeatedly and quickly until one of them wins

many new users believe that the sole purpose of mining is to generate ether in a way that does not require a central issuer (see our guide "what is ether?"). It's true. The token of Ethereum is proced in the process of mining, with a mining rate of 5 Ethereum coins per piece. But mining is at least as important. Usually, banks are responsible for keeping accurate records of transactions. They make sure that money is not created out of thin air and that users don't cheat and spend money many times. However, blockchain introces a new way to keep records, the whole network instead of intermediary, to verify transactions and add them to the public ledger

Ethereum mining

although "no trust" or "trust minimization" monetary system is the goal, there are still people who need to ensure the security of financial records and ensure that no one cheats. Mining is one of the innovations that makes decentralized records possible. Miners have reached a consensus on the history of transactions in terms of preventing fraud (especially double spending on ether) - an interesting issue that hasn't been addressed before the decentralized currency works on the blockchain. While Ethereum is looking at other ways to reach a consensus on the effectiveness of the deal, mining currently keeps the platform together

how mining works
today, the mining process of Ethereum is almost the same as that of bitcoin. For each transaction, the miner can use the computer to guess the answer repeatedly and quickly until one of them wins. More specifically, the miner will run the unique header metadata (including time stamp and software version) of the block through the hash function (which will return a fixed length, unordered string of numbers and letters, which appears to be random), changing only the 'nonce value', which will affect the hash value of the result

if the miner finds a hash that matches the current target, the miner will be granted ether and broadcast the block across the network for each node to verify and add to their own ledger . If miner B finds the hash, miner a stops working on the current block and repeats the process for the next block. It's hard for miners to cheat in this game. There is no way to fake the work and come up with the right answer to the puzzle. That's why solving puzzles is called "proof of work."

on the other hand, others have little time to verify whether the hash value is correct, which is exactly what each node does. About every 12-15 seconds, a miner finds a stone. If the miner starts to solve the puzzle faster or slower than this, the algorithm will automatically re adjust the difficulty of the problem so that the miner can rebound to about 12 seconds of solution time

miners earn these ethers randomly, and their profitability depends on their luck and the computing power they put in. The specific workload verification algorithm used by Ethereum is called "ethash", which aims to require more memory, making it difficult to mine with expensive ASIC. Special mining chips are now the only profitable way to mine bitcoin

in a sense, ethash may have achieved this goal successfully, because dedicated ASIC is not available for Ethereum (at least not yet). In addition, as Ethereum aims to shift from proof of work mining to "proof of equity" (which we will discuss below), buying ASIC may not be a wise choice because it may not prove useful for a long time< However, Ethereum may never need miners. Developers plan to abandon proof of work, the algorithm currently used by the network to determine which transactions are valid and protect them from tampering to support proof of equity, which is guaranteed by token owners. If and when the algorithm is launched, proof of equity can become a means to achieve distributed consensus, and the consensus uses less resources.

5. The core component is the graphics card, which accounts for about 80% of the cost, followed by the motherboard and power supply, with high configuration. If you're digging deep in the mountains with a large mining machine. If personal computers are not enough for electricity, you can also choose crowdfunding mining machine... And now mining is generally in the place where electricity is cheaper, and the money is usually directly linked to the platform (currency exchange trading platform). Personal suggestions should be considered. After all, electricity is not enough.

6. China currency is a global digital currency exchange. At present, China currency has obtained the exchange licenses of Thailand and Du, and has set up operation centers in Switzerland, Canada, the United States, Bangkok, Du and other places. Some investors are short of platforms like China currency

7. Of course, it can be traded. The bitcoin and Ethereum g up are in their own wallets. They can control them at will and sell them to anyone they want
therefore, if a project tells you that they are going to lock the warehouse when they are g out, it's deceiving. It's not serious mining at all. Please be careful.

8. According to Blizzard's setting, Warcraft uses five farmers to collect gold, and more than five will be idle population
hope to adopt

9.

Transaction

the behavior of blockchain transaction follows different rule sets

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e to the distributed and unlicensed nature of public blockchain, anyone can sign the transaction and broadcast it to the network

according to different blockchains, traders will be charged a certain transaction fee, which depends on the needs of users rather than the value of assets in the transaction

blockchain transactions do not require any central authority verification. It only needs to use the digital signature algorithm (DSA) corresponding to its blockchain to sign it with the private key

once a transaction is signed, broadcast to the network and mined into a successful block in the network, the transaction cannot be recovered

Ethereum transaction structure

Ethereum transaction data structure: transaction 0.1 eth

{
& 39; nonce':&# 39; 0x00', // Decimal: 0
& 39; gasLimit': &# 39; 0x5208', // Decimal system: 21000
& 39; gasPrice': &# 39; 0x3b9aca00', // Decimal system: 10000000000
& 39; to': &# 39;&# 39; ，// Sending address
& 39; value': &# 39; 0x16345785d8a0000',// 100000000000000000 ，10^17
' data': &# 39; 0x', // Decimal representation of null data; chainId': 1 / / blockchain network ID
}

these data have nothing to do with the transaction content, but have something to do with the execution mode of the transaction. This is because when you send a transaction in Ethereum, you must define some other parameters to tell miners how to handle your transaction. Transaction data structure has two attribute designs & quot; gas": & quot; gasPrice",& quot; gasLimit"

" gasPrice": The unit is Gwei, which is 1 / 1000 eth, indicating the transaction cost

& quot; gasLimit": The maximum gas charge allowed for the transaction

these two values are usually filled in automatically by the wallet provider

in addition, you need to specify which Ethereum network to execute the transaction (chainid): 1 represents the Ethereum main network

ring development, tests are usually carried out locally and on the test network, and transactions are carried out through the test eth issued by the test network to avoid economic losses. After the test, enter the main network transaction

in addition, if you need to submit some other data, you can use & quot; data" And & quot; nonce" Attach as part of a transaction

a nonce (number used only once) is the value used by Ethereum to track transactions, which helps to avoid double spending and replay attacks in the network

Ethereum transaction signature

Ethereum transaction involves ECDSA algorithm. Taking JavaScript code as an example, the popular ethers.js is used to call ECDSA algorithm for transaction signature

const ethers = require(' ethers')

const signer = new ethers.Wallet(' Wallet address

signer.signTransaction({

' nonce':&# 39; 0x00', // Decimal: 0

& 39; gasLimit': &# 39; 0x5208', // Decimal: 21000

& 39; gasPrice': &# 39; 0x3b9aca00', // Decimal 10000000000

& 39; to': &# 39;&# 39; ，// Sending address

& 39; value': &# 39; 0x16345785d8a0000',// 100000000000000000 ，10^17

' data': &# 39; 0x', // Decimal representation of null data

& 39; chainId': 1 / / blockchain network ID

})

. Then (console. Log)

you can use the online application composer to deliver signed transactions to Ethereum. This is known as "offline signature.". Offline signatures are particularly useful for applications such as status channels, which are smart contracts that track the balance between two accounts and transfer funds after a signed transaction is submitted. Offline signature is also a common practice in dexes

you can also use online wallet to create signature verification and broadcast through Ethereum account

with Portis, you can sign a transaction to interact with the gas station network (GSN)

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