The token developed in Ethereum can't be found
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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
First of all, we need to understand what is MLM:
MLM refers to the illegal behavior of organizers and development personnel to obtain wealth by calculating and paying remuneration to the developed personnel based on the number or performance of the personnel directly or indirectly developed, or requiring the developed personnel to pay certain fees to obtain the qualification to join. The essence of MLM is "Ponzi scheme", that is to say, the money of later comers is distributed to the income of former comers
However, the new type of MLM does not restrict personal freedom, does not accept ID cards and mobile phones, and does not take classes collectively. Instead, it uses capital operation as a banner to pull people to cheat money, drives luxury cars, wears gold and silver, and uses money to attract your relatives and friends to join in, and finally makes you lose all your moneythen judge whether the ether coin is a kind of MLM, whether you need membership fee, whether you need to ask your relatives and friends to join
extended materials:
Ethereum is an underlying technology platform on which developers can create distributed applications. With the application, there will be transactions. With a transaction, you need money to complete the transaction. In this way, money has value, and investors' investment has a return. If the transaction volume on the platform is larger and larger, the demand for money will be higher and higher, and the money will be more and more valuable
from the perspective of image, bitcoin creates a kind of digital gold, while Ethereum creates a country, and Ethereum is the credit currency of the country
after bitcoin, there are thousands of digital virtual currencies in the world, many of which are completely deceptive in the guise of "digital currency". Previously, Haikou Municipal Public Security cracked down on a pyramid selling organization called "Eurasian currency", which operated on the internet pyramid selling platform, making more than 40000 investors cheated, involving 4.06 billion yuan. The field of virtual currency has just started, so we need to be cautious
resources : Ethernet money network
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.
light wallets are good for imtoken, geekwallet, kcash, Cobo, etc.
Hardware wallets are good for ledger, trezor, etc., which involve large amount of digital currency or hold for a long time. Generally, hardware wallets are recommended
big body introces these personal good light wallets
1. Imtoken:
is a mobile light wallet app, which supports Eth and Ethereum erc2.0 standard tokens (such as EOS, DGD, SNT, qtum)
advantages: as Ethereum series light wallet, mtoken supports all the tokens of Ethereum erc2.0 standard, can control the miner's fee of each coin, can set the collection amount, and has convenient transaction record query, refreshing interface and easy operation, so it is suitable for ICO investors who need to receive a variety of erc2.0 standard tokens and trade infrequently
disadvantages: 1. The "discovery" mole of the wallet is not intuitive enough. 2. The tokens that can only be stored on the Ethereum platform, such as BTC and Neo, can't be stored. At the same time, the bifurcations of bitcoin can't be stored
2. Geek wallet
geek wallet is a simple and convenient light wallet, which supports the storage and management of mainstream digital currency assets such as bitcoin (BTC), lightcoin (LTC), Ethereum (ETH), EOS, usdt, etc. Using bip44 mnemonics, local private key, off-line signature and other security mechanisms, as well as mobile phone and computer al backup strategy, completely solve the loss of digital currency assets caused by hacker attacks, virus infection, mobile phone loss, forgetting mnemonics and other ways, and provide users with online Multi Chain digital assets one-stop management service. The platform also has tiaoshao market, which can carry out token trading of physical assets on the chain
advantages: it has high security factor, adopts local private key security mechanism, as well as mobile phone and computer al backup strategy, supports the current mainstream currency, and has a jump market on the platform, which can carry out token trading of physical assets on the chain
disadvantages: usdt transaction must use 0.0001 BTC as transaction handling fee, does not support some small currencies, page optimization is good, but the function is relatively few
3. Kcash
kcash is also a light wallet. At present, it supports BTC, ETH, LTC, etc, act and digital currency based on Ethereum and achain smart contract platform. Kcash has cross chain and cross contract technology, and the supported currencies are still increasing
advantages: as a Multi Chain Wallet, kcash supports multiple types of digital currencies and is very friendly to users who invest in multiple series of digital currencies. In addition, kcash also has the function of sending red packets, and in the future, it will launch currency transaction, bank card connection and other functions
deficiency: too many features lead to poor usability. In addition, there are some compatibility problems with Android versions. Some Android models will flash back when opening apps< Cobo
4. Cobo
Cobo is a professional digital asset management wallet, which can help you store your assets safely. The unique POS gain can help you increase the value of your assets. It supports more than 20 kinds of digital assets including eth, EOS and TRX, as well as more than 500 kinds of tokens
advantages: Cobo security is in the lead in the same level, using multiple security verification, hot and cold separation storage, HSM multi signature, Cobo provides you with stable income through intelligent voting, dpos vote pool, POS mining digital asset gain matrix
disadvantages: poor page optimization, complex functions, a little difficult to get started, and there is also a flash back problem of Android version
5. Ledger
Hardware wallet, which supports eth, BTC, zcash and other mainstream currencies, uses encryption chip technology to build security solutions for users, and is used to protect users' digital assets and block chain application security. This is a hardware bitcoin wallet specially designed for consumers. It provides enterprise level security hardware moles and hardware procts supporting the Internet of things
6, ledger
Hardware wallet, support eth, BTC, zcash and other mainstream currencies; Using encryption chip technology to build security solutions for users to protect users' digital assets and block chain application security. This is a hardware bitcoin wallet specially designed for consumers. It provides enterprise level security hardware moles and hardware procts supporting the Internet of things.