The success of Ethereum

1. Eth is a kind of digital token of Ethereum, which is regarded as "bitcoin version 2.0". It adopts the blockchain technology "Ethereum", which is different from bitcoin. It is an open-source public blockchain platform with intelligent contract results, and a resonance network composed of tens of thousands of computers around the world. Developers need to pay eth to support the application. Like other digital currencies, ether currency can be bought and sold on the trading platform

warm tips: the above explanations are for reference only, without any suggestions. There are risks in entering the market, so investment should be cautious. Before making any investment, you should make sure that you fully understand the nature of the investment and the risks involved in the proct. After a detailed understanding and careful evaluation of the proct, you can judge whether to participate in the transaction
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2. In May 2017, investors and onlookers saw bitcoin worth more than $2300. This number marks the highest price of bitcoin in its entire career. Due to the success of bitcoin in the past few years, many investors are attracted by it and other cryptocurrencies
however, bitcoin is not the only cryptocurrency with rising value. The value of another cryptocurrency called Ethereum has been increasing since January 2017. From $8.24 to $203. Up 2367%
investors are worried that in the past few years, cryptocurrencies have gained the favor of many investors who are looking for other investment methods than traditional ones. Although most investors still invest their money in traditional financial markets, such as the stock market and foreign exchange market, many of these investors have begun to worry about the economic climate of the world economy
recent events have made us aware of the instability of traditional financial markets such as the stock market and foreign exchange market. Many investors have been looking for other ways to invest their money
with the creation and popularization of cryptocurrency and its rapidly rising value, many investors, especially those from Asia, have joined the trend of bitcoin and cryptocurrency
advantages of Ethereum
although many people are more familiar with it, Ethereum has also gained a fair share of the market with its own value. However, there are key differences between the blockchains used by Ethereum and bitcoin
the difference between the two systems is that Ethereum's data processing speed is faster than that of bitcoin, because once agreed, Ethereum's system will automatically apply to the terms and conditions in the contract
although many people may think that Ethereum may be inferior to bitcoin because its value is lower than bitcoin, this is a good thing for investors who are looking for investment channels other than bitcoin. A lower price may attract more investors because it has more room for growth. The only drawback is that Ethereum is not as established as bitcoin. In view of this, bitcoin is more secure than Ethereum<
not as volatile as before
since bitcoin was founded in 2009, cryptocurrencies have made great achievements, and they have continued to grow. In fact, the value of legal cryptocurrency has risen a lot since then
although cryptocurrencies have performed very well this year, analysts expect that when the economic situation is good, investors will leave cryptocurrencies and return to traditional investment media. When this happens, the volatility of cryptocurrency will decrease because of the decrease of demand
of course, we will still see the growth of cryptocurrency in the next few years, which will help the instry remain strong. When that happens, it's a good idea for investors to hold cryptocurrencies for future growth.

3.

Ethereum is the next generation of cryptography ledger. It intends to support many advanced functions, including user issuing currency, intelligent protocol, decentralized transaction and what we think is the first fully decentralized autonomous organization (Daos) or decentralized autonomous company (DACS) application

Ethereum does not specifically support every single type of function as a feature. On the contrary, Ethereum includes a built-in Turing complete scripting language, which allows you to write code for the feature you want to implement through a mechanism called "contract". A contract is like an automatic agent. Every time a transaction is received, the contract will run a specific code, which can modify the data storage inside the contract or send the transaction. Advanced contracts can even modify their own code

Ethereum was launched on November 1, 2015, and launched on August 22, 2016 on bitcoin trading platform, a well-known domestic trading platform; 30-¥ About 60, current: ￥ 1259.97, the rise is amazing

4.

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

5.

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

6. 1. What is the ether classic<

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

7. As a bitcoin trading platform, fire coin has won a round of 10 million RMB capital investment from Zhenge fund, Dai Zhikang, Sequoia Capital (shareholders of many global well-known companies such as apple and Alibaba). Fire coin implements strict risk control management and operates stably. As of the end of 2016, the accumulated turnover of fire currency reached 200 billion yuan
on September 15, 2017, huoyuan.com announced that registration and RMB recharge services will be suspended from now on, and all users will be informed before September 30 that they will stop trading. At the same time, all transactions of digital assets against RMB will be graally stopped before October 31. Fire money network said it will stop virtual currency trading on October 31, 2017. You can contact the fire coin net official consultation refund question
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8.

Recently, a & lt; The 27 year old founder of ether coin made a profit of $1.1 billion; The news of, caused the hot discussion of broad netizens, make boiling on the net. We know that with the development of society, digital currency has emerged in all currencies. The largest digital currency is bitcoin. Bitcoin has risen from less than one cent at the beginning to more than 300000 yuan now, with a huge increase. After bitcoin, it is the second largest digital currency, ether coin, which was launched in 2015 and is now up a lot. So who is the founder? What does he do

The founder of vitalik buterin is a 27 year old programmer who created ethercoin in 2013 and launched ethercoin in 2015. He is a Russian Canadian{ RRRRR}

the above are my views on this issue. They are purely personal views and are for reference only. If you have any different views, you can leave a message in the comment area for discussion

9. In philology, Rida said: & quot; If philology is possible, its prerequisite is the deconstruction of logocentrism; So what is logocentrism
logocentrism is another name of Western metaphysics, which is Derrida's general ruling on western philosophy by inheriting Heidegger's ideas. As the name suggests, logocentrism is a structure centered on logos, so we should first understand & quot; Logos & quot;
& quot; Logos & quot; From ancient Greek, for λ In the first volume of the history of Greek philosophy, gersley, a famous historian of philosophy, analyzed in detail the usage of the word "oyos" in philosophy, literature, history and other documents before the fifth century B.C., and summed up ten meanings: (1) anything spoken or written 2) Things mentioned and related to value, such as evaluation and reputation 3) The inner consideration of the soul, such as thought and reasoning 4) Develop from what is said or written to cause, reason or argument 5) And & quot; Empty talk& quot; Excuse & quot; On the contrary, & quot; The real logos & quot; It is the truth of things 6) Scale, propriety 7) Correspondence, proportion 8) General principle or rule, which is a relatively late usage 9) The ability of reason, such as the difference between man and animals, is that man has logos 10) Definition or formula to express the essence of things.
later generations mainly from & quot; Rationality& quot; Truth& quot; Law & quot; Even & quot; Logic & quot; To grasp & quot; Logos & quot; In Heidegger's being and time, this meaning is not groundless, but it is not its original meaning; Logos & quot; Far away from the basis of existentialism, & quot; Logos is experienced as a ready-made thing and interpreted as a ready-made thing; Similarly, the existential shown by logos also has the meaning of being; Therefore, he wants to put & quot; Logos & quot; From & quot; Logic & quot; In his opinion, he thought that "the first is to liberate and restore its original meaning"; Logos & quot; The original meaning is & quot; Talk & quot; Or & quot; Speaking & quot;, Its verb form is legein and its root is 1eg. The basic meaning of 1eg is & quot; Talk & quot Speech is the basic link of human being's Dasein, which forms the whole meaning of Dasein. It links human being's Dasein as a whole in the way of articulation; Heidegger's later period (from the introction to metaphysics in the transitional period) was not satisfied with the analysis of logos as & quot; Talk & quot;, Therefore, it continues to trace its origin, and holds that its original meaning is & quot; Aggregation & quot;, Gathering brings the miscellaneous and mutually exclusive things into the presence. Speech is also a kind of gathering, which makes all things gather into one and show up; Logos & quot; It is not only the omnipresent operation of being, but also the omnipresent operation of language; Aggregation & quot; To explain & quot; Logos & quot; And use & quot; Talk & quot; Explanation & quot; Logos & quot; Although there are differences between existentialism and ontology, they do not change the two core meanings, that is, to refer to & quot; at the same time; Speech & quot The speech of Dasein or being) and & quot; Presence & quot;, In & quot; Logos & quot; Derrida agrees with Heidegger's research that the pursuit of logos is the pursuit of all presence through speech; However, Derrida believes that & quot; Logos & quot; No matter it is in the normal sense & quot; Rationality & quot; Or & quot; Logic & quot; Or Heidegger insisted successively & quot; Talk & quot; And & quot; Aggregation & quot; In all kinds of metaphysical systems, there is always an unchanging presence as the center of its construction system. Derrida has a good summary of this in the opening of structure, symbol and game in the discourse of Human Sciences: there is a desire for center throughout the history of metaphysics, Different centers organize different structures; The history of the whole concept of structure must be regarded as a series of activities in which the center replaces the center, just like a chain of centers. The center obtains different forms and names in a way of successive emergence and mutual coordination. The history of metaphysics, like the whole history of the west, is the history of these metaphors and metonymies, It can be proved that all these names related to the basis, principle or center indicate an unchanging presence -- Eidos [essence], arche [origin], telos [purpose], Energia [energy], ousia [presence], existence [existence], substance [entity], Suiet [subject], Aletheia [Truth], Transcendentalite, conscience, Dieu, homine and so on; The historical manifestations of these presence are as follows: & quot; The presence of things as Eidos facing eyes, as entity / essence / existence, as temporal presence of present or moving point, as self presence of thinking, consciousness and subjectivity, as common presence of self and others; Derrida's philosophy is just a response to these various modes of presence. He re grasps logos from the perspective of signifying activity, that is, Heidegger's interpretation of logos from the perspective of ontology; Presence & quot; Interpretation is examined at the linguistic level (this is mainly influenced by Saussure, later on in detail): the so-called presence means that the signified is separated from the signifier. In the movement of signs, the signifier is originally indivisible, but metaphysics can make the signifier self erase and make the signified appear, and further regard the signified as the unchanging center and the basis of determination, In order to construct metaphysical edifice, Derrida called it & quot; A priori reference & quot According to Derrida, Heidegger's & quot; Logos & quot; Heidegger liberated language from logic, but constrained language in the presence of logos. Therefore, Derrida wanted to liberate language from logos (no matter what kind of logos it is) and classify it as the game's & quot; Words & quot In Derrida's opinion, logocentrism contains two rather contradictory views: first, it is a sound centered concept, namely phonocentrism. In the phenomenon of expressing meaning with symbols, the medium of sound is superior to that of words. Sound is internal and closest to meaning, while words are external, It can only approach meaning through sound circuitously, which is an ideological tradition based on Western phonetic characters. Secondly, in the activity of care, the sound must be hidden and self erased, so that the meaning can be completely and directly present. This is what Derrida called & quot; Metaphysics of presence & quot In this regard, sound centralism is attached to logos centralism, which serves for logos centralism. The only reason for its existence is to let logos lose its superiority when it is present