Is Ethereum infinite

1. Ethereum is an innovation that applies some technologies and concepts in bitcoin to the field of computing. Bitcoin is considered a system that maintains a shared account book that securely records all bitcoin bills. Ethereum uses many mechanisms similar to bitcoin (such as blockchain technology and P2P network) to maintain a shared computing platform, which can flexibly and safely run any program users want (including bitcoin like blockchain programs of course)

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2. 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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3.

what is Ethereum:

Ethereum is an innovation based on the application of technologies and concepts in bitcoin to computers. Ethereum itself imitates a lot of bitcoin technology to maintain the computer platform. Blockchain technology is one of them
Ethereum platform can safely run any program users want

advantages of Ethereum over other competitive currencies before Ethereum appeared, some digital currencies imitated bitcoin. However, these projects have their own shortcomings, they can only support one or several specific applications at the same time< However, the reason why Ethereum can surpass the limitations of these projects in the past is because of the core idea of Ethereum

what Ethereum wants to implement is a blockchain protocol with built-in programming language. Since it supports programming language, in theory, any blockchain application can be defined with this language, and then run on Ethereum's blockchain protocol as an application

The design of Ethereum is very flexible and adaptable

Ethereum target sets the advantages of blockchain technology, in order to add the advantages of blockchain, such as decentralization, openness and security, to almost all computing fields

blockchain applications of Ethereum

Ethereum has many blockchain applications, such as digital applications of gold and stocks, financial derivatives applications, DNS and digital authentication, etc

Ethereum has achieved more than 100 blockchain applications by many start-ups

Ethereum has also been closely watched by some financial institutions, banking consortia (such as R3), as well as large companies like Samsung, Deloitte, RWE and IBM. As a result, a number of blockchain applications such as simplified and automated financial transactions, merchant loyalty index tracking, and gift cards designed to achieve decentralization of electronic transactions have emerged

the relationship between Ethereum and blockchain:

Ethereum is a programmable blockchain

Ethereum does not give users a series of preset operations (such as bitcoin transaction), but allows users to create complex operations according to their own wishes

in this way, Ethereum can be used as a platform for various types of decentralized blockchain applications, including but not limited to cryptocurrency

like other blockchains, Ethereum also has a peer-to-peer network protocol. Ethereum blockchain database is maintained and updated by many nodes connected to the network. Each network node runs the Ethereum simulator and executes the same instructions. Therefore, people sometimes call Ethereum "world computer"

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. Really, Ethereum itself is a kind of virtual digital currency. When trading, it is a string of numbers. How can there be a fake? ZB trading has been going on for many years

6. The token on the Ethereum blockchain is called ether, and its code is eth. It can be traded in the foreign exchange market of many cryptocurrencies. It is also the medium used by Ethereum to pay transaction fees and calculation service fees.

7. Whether a currency is counterfeit depends on whether it meets the basic characteristics of blockchain. Blockchain is divided into public chain and private chain. The public chain is a block chain based on the principle of decentralized open consensus, which has two characteristics: 1. Decentralized, single point can not be controlled; 2; 2. Open, all people or institutions can participate in any part of the blockchain ecology; Private chain or alliance chain is a local decentralized and non open block chain based on internal or self trust. It has two characteristics: 1. Local decentralization. For example, several banks run one node and have equal computing power; 2. In closed operation, only officially designated participants can participate in the core work of blockchain operation, and even block queries are limited or not open to the outside world at all; Ethereum started as a community project and is still on the road of decentralization. However, Ethereum chooses to become more and more decentralized and public chain like bitcoin. At present, Qube is the largest trading platform of Ethereum in China, followed by oke, and the trading volume of bitmex abroad is not small. Its recognition is second only to BTC.

8. When I first answered this question, it was on the 70th day of the crowdfunding period of EOS (a crowdfunding day of EOS is 23 hours). At that time, there was a lot of sadness under this answer, because it had dropped from the high of $3 in the initial crowdfunding period to nearly $0.50. When I started talking, there was little attention. In the next two months, the subscription price of EOS has been hovering around this position. If we follow up the subscription, one eth can get about 500 EOS, then the revenue should exceed most of the participants

reviewing the financing of EOS, we not only set many records of ICO, but also a significant milestone in the whole history of open market financing. During the 350 day subscription cycle, 200000 people participated in ICO, accumulating 7.2 million ether coins. According to the market price of the day, the total amount reached US $4.3 billion, which is close to the total IPO amount of Google (US $2.7 billion) and twitter (US $2.1 billion). It is the largest ICO in history so far. It's very worthwhile to make a comprehensive summary. I very much hope that what I write can penetrate the surface of the facts, catch the essence hidden behind, and become a part of historical records

EOS's ICO uses Ethereum's smart contract to complete the automatic subscription and allocation of funds. There is no middleman, and there is no role of investment bank and underwriter of traditional securities listing. This is a primary market. The total number of EOS coins is 1 billion, of which 900 million are distributed to subscribers and 100 million are reserved by block.one. All the funds obtained from the subscription belong to block.one company. Meanwhile, according to the subscription agreement, these funds directly become the profits of the company, and there is no other responsibility and obligation relationship with the subscribers, nor the responsibility and obligation to maintain and develop the EOS software and network. The main network of EOS will be launched by the loosely organized technology forum community, The network operation funds are automatically generated by the code rules, and new EOS tokens are issued to pay to the block procer nodes

in the process of ICO, the secondary market (exchange) is fully opened at the same time. After the completion of the subscription in the primary market, the general financing will enter the secondary market for a period of time. However, the financing cycle is as long as 350 days. The obtained Ethereum EOS token can enter the secondary market for circulation on the same day, resulting in a large number of turnover transactions, The prices of the two markets fluctuated simultaneously

after the end of ICO, the total market value of EOS was US $11 billion, ranking fifth in the list of digital currencies. BCH (US $17 billion), which is closer to fourth place, is more than twice as big as ripple (US $24 billion), which is third place. Compared with the total funding of $4.3 billion, according to the popular view of ICO, it is only three times as much

9. Eth is the abbreviation of Ethereum, Ethereum's full name is Ethereum. Ethereum is a public
blockchain
platform with smart contract function. Anyone is allowed to establish
decentralized applications
running through
blockchain technology
on the platform
Data Development:
Network
Introction to Ethereum, and introction to Ethereum's official website!