Ethereum doubled in 17 years
although the price of Ethereum continues to decline, there are still many investment opportunities. Nowadays, many people invest in Ethereum through virtual currency trading in the realm Kingdom, which is not affected by the rise and fall of prices, but also can invest less money in the shortest time to obtain more income.
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")
The token on theblockchain 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
extended data:
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
- gtx1060's new gp-106 core has two groups of GPCS, each with five SMS (2 × 64), a total of 1280 CUDA processors, just half of the gtx1080. Single precision floating-point operation is 4.4tflops, which has nearly doubled compared with gtx960's 2.3t, so theoretically, the performance should be doubled
- gtx1060's new gp-106 core has two groups of GPCS, each with five SMS (2 × 64), a total of 1280 CUDA processors, just half of the gtx1080. Single precision floating-point operation is 4.4tflops, which has nearly doubled compared with gtx960's 2.3t, so theoretically, the performance should be doubled
- 1060 core frequency is 1506 ~ 1709mhz
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etc (Ethereum Classic) is a bifurcated currency that Ethereum hard bifurcates after 1920000 blocks, and its function is very similar to Ethereum. Etc adheres to the concept of decentralization and supports the consensus mechanism of blockchain guarantee. Etc firmly believes that once the blockchain starts to run, its development direction will not be controlled by any central team, but will be determined by the consensus of the people participating in the whole network and the consensus of the computing power of the whole network
the Ethereum blockchain hard branching in July 2016 aims to transfer the Dao funds stolen by hackers to an account controlled by investors, and let the old transaction records be forgotten by history. Most Ethereum developers are involved in the reversal, as are exchanges, startups and other members of the ecosystem. A few days later, the project returned to normal. But not everyone wants to forget the old record. As a result, a small number of miners continued to use the original blockchain as a protest. They described the hard fork as a capital withdrawal for the abandoned project of the Dao. So Ethereum classic (etc) was born
2. Detailed parameters
Chinese Name: Ethereum classic English Name: Ethereum classic English abbreviation: etc
developer: Ethereum Classic team core algorithm: ethash consensus proof: POW
release date: 2016 / 7 / 20 block time: About 15-17 seconds / block
total currency: fixed at 210 million, up to 230 million, Every 5 million blocks decelerate by 20%, and the first proction rection is expected to be in December 2017
main features: independent cryptocurrency
The price of Eth and other virtual currencies is determined by the following aspects: 1. Frequency of use; 2. Actual use; 3. Number of participants
as for how much room to go up, the current price of Ethereum is about 6600. Recently, e to the frequent use of Ethereum private placement, Ethereum has risen to more than 10000. Ethereum is a smart contract, and there are countless tokens developed based on Ethereum. Therefore, as the underlying public chain of smart contract, its prospect changes with the popularity of blockchain, However, some time ago, the disadvantages of Ethereum were exposed. The main chain was congested and the handling fees were extremely expensive. The development of Ethereum was close to the bottleneck. Therefore, the room for its growth was whether the developers could improve the main chain environment according to the disadvantages. As for the number of participants, it was not a big problem now. Pay more attention to the current development progress of the developers and focus on doing things, There is a bright future ahead
at present, the websites that can trade Ethereum include: btctrade international station, Huo coin, coin an, etc.
I think the main reason for the price increase of hundreds of counterfeit currencies is that virtual currencies are very hot now. Take bitcoin and Ethereum for example, they have all risen several times or even dozens of times and many people who don't make money in bitcoin or Ethereum will focus on some counterfeit currencies, because the price of these counterfeit currencies is very low and may rise to such a high price as Ethereum in the future. They are all predicting investment. When there is a lot of money to buy Shanzhai coin, of course, the price of Shanzhai coin will be speculation
virtual currency is the bubble
. I think the hot money of virtual currency is a bubble. Until a certain time, when the bubble breaks, many people will lose their blood. Because most people are ordinary people, they don't have too much capital, and these retail investors have little control over the market. And this kind of counterfeit currency is controlled by big capital, they can decide the rise and fall of counterfeit currency, and virtual currency has no market supervision, so investment is very dangerous
conclusion: in fact, every once in a while, this kind of virtual currency will go through a period of sharp rise, and then go into a low period of sharp fall, reaping some people's investment. In fact, these are all capitalist games, and those who lose money in the virtual money market are ordinary people, and those who earn money are capital. So many people call these ordinary investors leeks