Ethereum alliance Conference
the trust union credit alliance chain is located in the financial public chain, which is oriented to the high-frequency financial application scenarios in the field of credit and assets. It does not use eth, EOS, Neo and other general public chains, but uses the account structure of star network, adopts the lightweight intelligent contract layer, and the whole technical architecture is molarized according to "high aggregation and low coupling", This enables the trust union credit alliance chain to adapt to the requirements of rapid development, rapid implementation and timely response of Internet financial procts.
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
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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
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about the variability of blockchain
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eth, if most people agree to modify the chain, that is, variability, then they can modify the blockchain records and contracts
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etc, blockchain records and contracts can't be modified, that is, they can't be tampered with
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here are the advantages and disadvantages of the two methods
The advantage of -
variability is that people can make timely changes to make the right decisions. Therefore, modifying the specification is more practical than finding loopholes
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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
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differences in development
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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
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etc, the decision-making of blockchain is mainly decided by the feedback of three loose, collaborative teams with community participation
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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
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about compatibility
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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
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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
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etc focuses on making developers create more secure contracts, such as viper, iohk research, at the cost of consuming the number of potential developers
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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
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about the transaction speed
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eth, the average is 25 seconds, which will be shortened after upgrading
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etc, with an average time of 14 seconds, maintained at 10-14 seconds after upgrade, according to ecip-1010 and ecip-1036 protocols
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about the block capacity
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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
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
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about community
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eth, mainly discuss on reddit
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etc, mainly discuss on slack
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about monetary policy
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eth, the planned supply is growing steadily, resulting in an average inflation of 3% in eth blockchain in its life cycle
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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 -
etc owns etc trading trust, which allows investors to own etc instead of the asset itself
According to foreign media reports, although the price of bitcoin has dropped sharply this year, the cryptocurrency conference is still a major event
This week, coindesk, a well-known bitcoin news website, will hold a three-day bitcoin conference in New York City with a ticket price of about $2000. It is expected that 4000 people will attend the meeting, which is a lot more than last year's 2700 people. As a result, ticket revenue for the conference will be at least $8 millionwithin a few days of the bitcoin conference in New York, there are 20 other conferences held at the same time, and the ticket price of these conferences is also very high. Three years ago, the consensus conference was first held, and only 400 people attended. Now, the conference has become the main feature of blockchain week NYC
before and after the consensus meeting held in May last year, the price of bitcoin soared to about $2000. Of course, this is also the result of the first tokensummit summit and ethereal summit
since then, the price of bitcoin has skyrocketed, successfully attracted the interest of Wall Street, and exceeded $10000 for the first time after the consensis invest meeting held in November. In December, the price of bitcoin peaked at more than $19000. But since then, its price has fallen by more than half
strong speaker lineup
this year's speaker lineup shows that the cryptocurrency instry has taken an important step towards the mainstream direction. Jack Dorsey, co-founder of microblogging site twitter, is e to speak at the consensus conference on Wednesday. Square, his mobile payment company, also launched bitcoin trading this year. Other members of the meeting's expert group include government officials and heads of start-ups
"the consensus conference is very famous. If you give a speech at the conference, it means that you are also very famous." Said Michael oved, co-founder of airswap, the cryptocurrency exchange. He is also the organizer of the fluidity blockchain conference held last Thursday
he said that he deliberately lowered the ticket price of his fluidity conference to $150-250. Because he thinks it's a "good opportunity for us to share what we're studying.". About 700 people attended the fluidity conference, and ticket sales reached about $140000, oweed said
"ironically, the organizers charge a lot, but they never pay the speakers. These speakers are the people who are most concerned about the development of the blockchain community and are most eager to share new developments. " She tweeted on April 28
she will give speeches at ethereal summit and consensus meeting this week“ Neither of these meetings paid me for my speech. " She said. She added, "live online is a great way for the public to watch the content of the conference."
"too many meetings, it's crazy"
all kinds of meetings are very powerful and lively, but we don't know whether they finally help start-ups, especially those with imperfect management
"there are too many meetings now. It's crazy." "In the San Francisco Bay area alone, there's a weekly meeting on blockchain," oweed said. It's easy for us to be distracted by these meetings. "
however, some people are convinced that these meetings will eventually be the catalyst for the recovery of bitcoin prices
"after the previous consensus meetings, the price of bitcoin will rise. This fact strongly supports our view that the price of bitcoin has hit the bottom this year. " "During every meeting, the price of bitcoin goes up 10-70%," Tom Lee, co-founder of fundstrat global research, a market research firm, said in a research briefing on May 7
he added, "considering the significant increase in the number of participants, we believe that the price of all cryptocurrencies will increase similarly."
Hashtoken alliance
The full name ofGHP is global hash power. It is a global computing alliance formed by global bitcoin miners and established the Computing Alliance Foundation. Based on Ethereum erc2.0, it has a total circulation of 10 billion tokens, of which 5 billion are locked up for a long time and 50 million are in circulation
GHP provides bitcoin computing power by miners. Around the bitcoin computing power instry chain, it builds mines, mining, mining machine proction, computing power mall, computing power wallet, mine pool, computing power game, etc., and realizes computing power asset securitization
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< H2 > extended information:global hash power hash pass and ZT exchange have reached a strategic cooperative relationship. Global hash power hash pass (GHP) is scheled to launch zt.com digital currency exchange in the near future, and open GHP / eth, GHP / CNT trading pairs. At that time, ZT exchange will simultaneously open the currency charging function of global hash power hash pass (GHP)
relying on stable, professional and reliable technical support, ZT exchange has built a trading platform for blockchain digital currency, which is the most convenient to buy money and has the most convenient proceres, so as to truly meet the needs of global users. The operation performance of the exchange is also very stable, with real-time comparison of trading information, elastic flow protection and efficient order matching engine
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Ethereum mining
Berlin hard fork will mark the end of the metropolitan era. This is a key stage in Ethereum's history, which is divided into two stages (Byzantine and Constantinople), including several branches, including Atlantis, Istanbul, and finally reached its peak in Berlin
every day, you can 1. Brush your circumference by swimming, running on the beach and climbing stairs (at the corresponding location) 2. Brush your performance in EGlu (fishing / farming / mining, 3. Dating and developing relationships with lovers 4. Participating in competitions / watching competitions 5. Participating in various activities ring festivals (arug / parliament / Wedding / funeral, etc.) 6. If PC is a child, it has to go to school on the corresponding day 7. Picking grass / flowers / insects / shells when it's really boring
the condition for joining a royal family is to marry someone who inherits the throne in a very early order. The Empress Dowager's words are easy to be kicked out of the royal family. The premise is that the other party is alt unmarried. At most, people who are still children can develop friendship.