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Ethereum 5000

Publish: 2021-05-19 15:11:52
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. At 5 o'clock this morning, when we were still sleeping, bitcoin rose sharply to US $5300, accompanied by the rapid rise of the leading currencies. After the rapid rise, bitcoin fell sharply. When it fell to US $4700, it quickly returned to US $4900-5000 and stabilized, then the leading currencies also followed bitcoin.
    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.

    Peter boockvar, chief investment officer of bleakey Consulting Group. I won't be surprised if the price of bitcoin drops to $1000 to $3000 in the next year, because bitcoin is not really relevant in this $19 trillion economy. Any commodity with a parabolic rise in price will usually fall back to the starting point< However, I'm not sure whether bitcoin will slow down or plummet suddenly

    the implementation of loose monetary policy by central banks such as the Federal Reserve is the main reason for people's enthusiasm for virtual money. As interest rates graally return to the right track, virtual money will collapse. Once there is a crack in the virtual currency market, investors' attitude towards high-risk assets will also change, and the stock market may be injured. All this depends on the market psychology and has nothing to do with the economic fundamentals. "

    Emma, the first one is scared to pee, so hurry to add a BTC

    Soros

    "as a currency, it should have a stable value storage function. The fluctuation of bitcoin in a day can be as high as 25%, which means that it is not feasible to pay wages with bitcoin

    compared with the rapid collapse, the price of bitcoin may remain at a flat high. The reason why the outcome of bitcoin may be different is that some people, such as dictators, want to store wealth overseas through bitcoin

    , however, can not change the nature of bitcoin as a typical bubble. It is based on misunderstanding as well as tulip fever. p> It seems that BTC is not reliable. But an alligator is an alligator. There's something in it, but it's not clear. I have an epiphany. You can do it yourself

    Robert Shiller, Nobel Laureate in economics and professor of economics at Yale University, reminds me of the tulip craze that took place in the Netherlands in the 1640's. basically, bitcoin has no value unless some market participants believe it is valuable. In contrast, gold has some uses even if it is not used as an investment commodity

    up to now, people still pay for tulips, and sometimes the price is even quite high. In contrast, bitcoin is afraid to collapse completely and then be forgotten by the public. However, bitcoin may still exist for a long time, or even last for 100 years "

    I don't understand, thank you

    "Bitcoin and blockchain attract people's attention because they think it's an 'interesting experiment'". If it succeeds, it may change the world more than the Internet

    however, it is also possible to fail, and the probability of failure is at least 20%. It is suggested that the amount of cryptocurrency held should be controlled within the range of bearable loss

    the main reason for bitcoin's failure is that people put too much money into bitcoin and can't afford to lose money. "

    raise so much money from all over the world just for an interesting experiment? Give me 0.005 BTC

    dailyfx, a professional financial media of Fuhui group, said: "as the price of bitcoin failed to rebound to its historical peak in December, the price continued to fall. But objectively speaking, although the price of bitcoin fluctuates greatly, it will not fall by 50%. On the disk, the price has obvious support at the 11750 / 160 level, and the price rebounds above or after touching the support level; If the price falls below this point, it may continue to fall later

    the price of Ethereum may break through the current slope area, but it will reach 1380 in the short term from the low point of 500 in December, or it will show that the bull rally is almost exhausted. Therefore, if the price does not fall in the later period, it will be more likely to consolidate. At present, the first support is at 863. If the price is still up, it will be a good opportunity for bulls to make another correction

    in the later period, Ruibo currency may be in the trend of high consolidation or downward correction. As the price fell below the support level of 2.1577 yesterday, it continued to fall. In view of the sharp rise in prices last month, it is still unclear which point the current price will stabilize after falling or hitting. Therefore, it is still necessary to be cautious about the trading of Ruibo currency. "

    The stock review has been changed to currency review. Brother, I recommend a coin circle of Guizhou Maotai

    Dennis gartman, founder of the "king of commodities" gartman news agency, said: "nothing can change my skepticism about bitcoin. Bitcoin will bring disaster to all those involved. At the same time, once this happens, investors will rush to the gold market. There is no doubt that bitcoin will fall below $5000. "

    It seems that it is necessary to collect some gold

    2. Good prediction

    cesares, member of PayPal's board of directors

    "the probability of successful bitcoin and blockchain experiments is more than 50%. But instry participants must be patient, because it will take another five to 10 years to achieve solid success

    if the experiment is successful, the world will be very different. By then, the value of a bitcoin will reach one million dollars. Therefore, most people in the world will want to buy bitcoin in the price range of $14000 or $20000. "

    previously, it was said that the probability of failure is at least 20%. Now it is said that the probability of success is more than 50%. You have all the good words and bad words. Do you owe a BTC

    analyst van Petersen of Shengbao bank

    "the price of bitcoin is likely to reach $50000 to $100000 in 2018. Digital currencies other than bitcoin will also soar

    first of all, you may think that the price of bitcoin has been properly adjusted. After all, it has dropped by 50%, which is healthy. But we haven't seen the full effect of futures contracts

    this year, Ethernet may surpass bitcoin, and it will appear later than bitcoin, but it has a more unified leadership position than bitcoin. "

    He was right about this guy last time. When the transaction price of bitcoin was below $900 in December 2016, he predicted that bitcoin would reach $2000 in 2017. As a result, bitcoin exceeded $2000 in May 2017. However, it is predicted that eth will surpass BTC. Well, it's not impossible for the second child to seek power to usurp the throne and kill the first child. It's just difficult

    Michael Graham, analyst at canaccord genuity, an investment company, said, "one of our themes is that more institutions will enter the cryptocurrency market in 2018. The number of institutional investment procts related to bitcoin is increasing. Regulators will approve a bitcoin Trading Fund in the second half of this year or early 2019

    I confirm that this year, the public will see IPOs from some encryption companies and more widely from blockchain companies. "

    it's better for me to break the news! CBOE applied for six cryptocurrency ETFs at the end of 2017 and may go online in 2018. What the hell is this? That is to say, it increases the opportunity for institutional investors to have close contact with cryptocurrency and opens channels for professional speculators

    Tom Lee, co-founder of fundstrat and super bull of bitcoin, predicts that the bottom of bitcoin will be about $9000. If it falls to this position, we will buy strongly, and $9000 is the best time to enter this year

    it is estimated that bitcoin will rise to US $25000 by the end of the year and US $125000 by 2022

    bitcoin has experienced many ups and downs, but it always stands back to the previous high point, and the low point becomes a good opportunity to buy

    since the middle of 2016, bitcoin has risen more than 75% for five times and plummeted more than 25% for six times. Similar ups and downs in the stock market will take several years, but the virtual currency world can do it in a few months

    also optimistic about three kinds of virtual currency. The first is eth, which has the function of smart contract and has a bright future. It is estimated that eth will rise from the current US $1000 to US $1900 at the end of this year. The second is etc, a virtual hybrid of bitcoin and Ethernet, which will rise from the current $25 to $60 at the end of the year. The third is the virtual currency Neo developed by China, whose price will rise from US $114 to US $225 at the end of the year. "

    Say! How much did the project give you? I'd like to introce you to Mr. Ali, chief investment officer of blocktower capital, a cryptocurrency investment company; Ari Paul

    "at some point in 2018, the price of bitcoin can be as low as $4000 or as high as $30000."

    Go away

    Julian hope, co-founder and President of tenx

    "bitcoin may break the $60000 mark in 2018, but it may also drop to the bottom of $5000, but it's not sure which one will come first, surprise or scare."

    go away + 1

    Nick colas, analyst of datatrek research, a data analysis organization, said, "the fluctuation of bitcoin in 2018 will exceed that in 2017, and the fluctuation may range from US $6500 to US $22000, all of which are reasonable valuations. And $14035 would be a reasonable median. In addition, there will be four price collapses of bitcoin in 2018, with the magnitude of each collapse being about 40% or more. "

    are there still four opportunities for bottom selling and position increase this year

    George Tung, co-founder of cryptos r us and a veteran of cryptocurrency investment, will we see another virtual currency whose market value exceeds that of bitcoin? Yes, I believe it is absolutely possible in the next three to five years. Or as soon as three years, there will be competitors who can compete with bitcoin. "

    the 3000 year old little demon wants to kill the 7000 year old demon? It's still tender

    Lex Sokolin, global head of financial technology strategy, automous research, said, "the currency circle may usher in a new round of" furcation frenzy "in 2018, with a maximum of 50 furcation times!"

    Pro, we are here to talk about the price. What do you mean by having a second child

    6. Bitcoin is a kind of cryptocurrency based on decentralization, using peer-to-peer network and consensus initiative, open source, and blockchain as the underlying technology. The concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. Unlike all currencies, bitcoin does not rely on a specific currency institution to issue. It is generated by a large number of calculations based on a specific algorithm. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design to ensure the security of all aspects of money circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. The biggest difference between bitcoin and other virtual currencies is that the total amount of bitcoin is very limited and it has a strong scarcity

    warm tips:
    1. The above explanations are for reference only, without any suggestions
    2. Before investing, it is recommended that you first understand the risks existing in the project, and clearly understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market. Investment is risky, so we should be cautious when entering the market
    response time: December 17, 2020. Please refer to the official website of Ping An Bank for the latest business changes
    [Ping An Bank I know] want to know more? Come and see "Ping An Bank I know" ~
    https://b.pingan.com.cn/paim/iknow/index.html
    7.

    Double dig Eth and SC coins, dig 500 SC coins can be transferred to the wallet

    8. Did you buy Ethereum try on in the private website platform? This kind of thing is best sold on the state-owned official website, private ones are not fake
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