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Advantages and disadvantages of Ethereum and super ledger

Publish: 2021-05-20 09:49:01
1. Ethereum blockchain has exposed three major problems, and its founder vitalik buterin has been unable to interpret them for a long time. The first is the low performance and TPS of Ethereum blockchain as a whole; The second is that resources are not isolated. The event of cryptokitties virtual cat once occupied 20% of the traffic of the whole Ethereum, which directly caused Ethereum network users unable to carry out timely transactions, which is the biggest pain point of resources not isolated; The third problem lies in the embodiment of Ethereum's governance structure. As a decentralized distributed ledger, the founder team of Ethereum has dominated its network development in the past. The over centralized governance mode has led to the bifurcation of eth, etc and ETF in Ethereum, and the Ethereum community is now in a state of fragmented governance. In the view of Ma Haobo, founder and CEO of "aelf", all kinds of disadvantages of Ethereum are unacceptable. Therefore, the positioning of "aelf" is born for the next generation of decentralized underlying computing platform of Ethereum, which focuses on solving the problems of insufficient performance, non isolation of resources and governance structure of Ethereum.
2.

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 the

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

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

3.

  1. about the variability of blockchain

  2. eth, if most people agree to modify the chain, that is, variability, then they can modify the blockchain records and contracts

  3. etc, blockchain records and contracts can't be modified, that is, they can't be tampered with

  4. here are the advantages and disadvantages of the two methods

    The advantage of
  5. variability is that people can make timely changes to make the right decisions. Therefore, modifying the specification is more practical than finding loopholes

  6. non modifiability means that no matter how smart people are at that time, it is impossible not to make mistakes. Therefore, when problems arise in this scheme, it is best to find and solve the loopholes through the existing legal framework

  7. differences in development

  8. eth, whether it is intentionally arranged or since its birth, the core decisions of blockchain are made by Ethereum foundation with the participation of the community and most of them are developed by it

  9. etc, the decision-making of blockchain is mainly decided by the feedback of three loose, collaborative teams with community participation

  10. in any case, anyone can put forward improvement suggestions for the two kinds of blockchains. This is the benefit of open source, and it is also very common. You will find that developers of the two chains communicate with each other through GitHub and reddit. I hope to improve the frequency of communication in order to achieve the common goal

  11. about compatibility

  12. at present, the two kinds of blockchains are compatible with each other. Contracts or applications written by eth can be applied on etc, and vice versa

  13. eth, focusing on ewasm, is committed to providing a platform for more and more developers, while the issue of contract security is secondary, such as viper

  14. etc focuses on making developers create more secure contracts, such as viper, iohk research, at the cost of consuming the number of potential developers

  15. it's obvious that both chains can accept each other, regardless of whether their wishes are the same or not. My view is that the number of developers is not necessarily related to the quality of the proct

  16. about the transaction speed

  17. eth, the average is 25 seconds, which will be shortened after upgrading

  18. etc, with an average time of 14 seconds, maintained at 10-14 seconds after upgrade, according to ecip-1010 and ecip-1036 protocols

  19. about the block capacity

  20. eth, with the daily trading volume of eth graally reaching 5 million, the block capacity is graally saturated. This situation is similar to the recent transaction cost of bitcoin. This problem can be solved by expanding the block capacity by increasing the default fuel limit

  21. ETC­, At present, there is still a lot of room for block capacity. As more and more people accept etc, the block capacity will also increase, just like eth

  22. about community

  23. eth, mainly discuss on reddit

  24. etc, mainly discuss on slack

  25. about monetary policy

  26. eth, the planned supply is growing steadily, resulting in an average inflation of 3% in eth blockchain in its life cycle

  27. etc, before 2025, inflation will reach 3%, and then the total supply will reach 200 million etc, and then there will be deflation

    As for the regional distribution of trading volume, China accounts for 20%, South Korea 25% and the United States 25%

    In etc, China accounts for 50%, South Korea 25% and the United States 10%

    About securities, at present, investors do not have the option to trade securities. Recently, one of eth's ETFs, trading open-end index funds, was denied by the regulators

  28. etc owns etc trading trust, which allows investors to own etc instead of the asset itself

4. Of course, it's worth investing. Ethereum has broken a new high for the second time. It's up to $1414, but we don't recommend catching up. Can go to the currency to play spot, currency spot trading, safe and stable, not burst. Suitable for ordinary investors.
5. First of all, what is Ethereum? Ethereum is a programming language and a platform. The Ethereum that investors / speculators pay attention to is actually Ethereum, which is a digital token derived from Ethereum - Ethereum

whether Ethereum has investment prospects or not, we just need to see its value, From tens of dollars to hundreds of dollars of the increase, and do not say the future bubble or not, just say that this stage of appreciation of the space, it is worth our attention!
Ethereum trading platform, at present, I recommend btctrade platform (bitcoin trading network), which is a relatively reliable trading platform in China! Ethereum was launched in 2016, and the rise of currency price is amazing!
6. Now it's March 2021. I'll answer you. What are bitcoin and Ethereum? These two are the virtual money that grabs money and the new things that drive the nationwide mining tide. Bitcoin is now 1 = 350000 RMB. In this way, Ethereum is 1 = 11000 RMB, and its value is rising. I regret that I just heard about bitcoin when I was studying in 2008, but it's only 20 yuan, I didn't buy a 200 yuan plug-in. Now it's worth millions of money with me.
7. Blockchain colloquialism:
mahjong is the earliest application of blockchain in China:
the idea that a wants to play mahjong is equivalent to creating a block:
a calls to inform B, C and D, which means "decentralization & quot; Point to point transmission of
ABCD has formed a consensus that the touch action is "mining", and four people are "miners"
mahjong is a hash value. The Hu card is to hit the correct hash value and get the corresponding chip reward, which is called bitcoin
each of the four recorded the first round of the game. In the whole blockchain, this is only one node. If 20 mahjong games were played that day, that is, 20 nodes (blocks), and 20 blocks were connected together to form a complete ledger, that is blockchain< According to historical records, China is the world's earliest application group in blockchain, so you can be proud to say that China is more than 1000 years ahead of the world in blockchain application
it's powerful. Our country is [strong] [strong] [strong]
8.

Ledger is a book with a certain format and several account pages. Based on the accounting documents, it records all economic business in chronological order and classification, which is what we usually call the ledger. Blockchain represents a unique data record format. Blockchain is "block + Chain". The so-called block is the meaning of data block. Each block is connected by a certain mark to form a chain

Super ledger

hyperledger (Chinese name is super ledger, collectively referred to as hyperledger) is an open source project launched by Linux foundation in 2015 to promote blockchain digital technology and transaction verification. The goal of hyperledger is to enable members to work together to build an open platform to meet the needs of various users from different instries, while greatly simplifying the business process. The founding members of hyperedge include IBM, Intel, Cisco and other large companies. By the end of this book, more than 183 organizations and companies have joined hyperedge, and they are growing rapidly

at the beginning of hyperledger project, Linux foundation has received a number of different code bases, including IBM code base (inspired by Ethereum to a certain extent), Dah (bits of proof bitcoin code base) and sockstream code base (an extension of bitcoin code base). In addition, there are digital asset and ripple contributions. With the development of the instry, a single project has been unable to meet the needs of the business, so hyperledger has graally developed from a single project into a project group. At present, hyperledger is not a specific technology, but a set of blockchain technology frameworks. Up to now, the hyperledger project team contains 9 formal projects and more than 50 moles related to these formal projects

the Xueshuo innovation blockchain Technology Workstation of Lianqiao ecation online is the only approved "blockchain Technology Specialty" pilot workstation of "smart learning workshop 2020 Xueshuo innovation workstation" launched by the school planning, construction and development center of the Ministry of ecation of China. Based on providing diversified growth paths for students, the professional station promotes the reform of the training mode of the combination of professional degree research, proction, learning and research, and constructs the applied and compound talent training system

9. They are all distributed ledgers, with different degrees of application and public ownership
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