V God quits Ethereum team

1. Eth currency is a fraud. It is specially issued by swindlers to leeks who think they can make a lot of money by buying the digital currency issued by swindlers. Eth currency should be purchased in the exchange opened by swindlers!

2.

bitcoin has opened the era of blockchain 1.0, which is characterized by providing a different way of thinking for value transfer, that is, value transfer no longer depends on centralized institutions such as banks. During this period, as more and more people were familiar with bitcoin, many people began to learn from the idea of bitcoin, so a large number of counterfeit coins appeared

the reason why these counterfeit coins are called "counterfeit coins" is that their source code is similar to that of bitcoin, and there is no substantive breakthrough. They also have the shortcomings of bitcoin, and there is no breakthrough improvement. However, people do not have the problem of bitcoin. Many people in the bitcoin community hope to solve these problems through a variety of technical means, so as to make the bitcoin system perfect

Among them, there is a Russian teenager named vitalik buterin, who is also eager to make up for the shortcomings of bitcoin system as soon as possible

first, you play games in a lively way, while others play games as gatekeepers

when he was 13 years old, he was a typical Internet addict, addicted to world of Warcraft. One day, the game company of world of Warcraft suddenly cancelled his favorite warlock "life siphon" skill. He was very angry and contacted the company many times to restore the skill. However, the game company did not agree

as a result, Butlin began to reflect that in Internet games, players, as participants, are actually very weak. The strong ones are game developers, who are the center of a game. Has the final say that the game player has no say what the developers want to do, and can only choose to accept or leave passively. p>

Butlin realized the disadvantages of centralization through "world of Warcraft", so he began to look for ways to break the centralization. Butlin realized bitcoin from his father, a programmer, and became so interested that he decided to give up the aura of a famous university and drop out of the University of Waterloo to travel around the world to exchange and learn with blockchain enthusiasts all over the world

at that time, bitcoin enthusiasts were going all out to add more functionality to bitcoin and build bitcoin 2.0. But Butlin believes that the establishment of a new programming language is bitcoin's top priority. So, at the age of 19, Butlin wrote a new white paper, which is the rudiment of Ethereum white paper. Butlin mentioned in the white paper

: he hopes to create a variety of applications based on the common programming language, such as social networking, trading, games... These ideas have been strongly echoed by the bitcoin community, and more and more people have joined in the design of Ethereum. Finally, this project was named "Ethereum" by Butlin, because "Ethereum" is a kind of material that has not been confirmed under scientific theory, implying Butlin's expectation for the project

in June 2015, Ethereum officially released

in the next two years, Ethereum's cryptocurrency "Ethereum" became the most popular digital asset after bitcoin. The price of Ethereum increased 85 times in 2017, and more than 20 global top financial institutions and technology companies, such as JPMorgan Chase, Chicago Board of exchange, Microsoft, Intel and Accenture, established the enterprise Ethereum alliance, Butlin has become a blockchain God "V God" from a young boy

2. The great potential of Ethereum to activate blockchain

the emergence of Ethereum has activated the great potential behind blockchain. Why do you say that

the breakthrough of Ethereum is that it not only upgrades the blockchain to an operating system, so that you can develop an application chain on this basis, but also allows you to publish your own tokens in a very simple way

different from bitcoin's preset trading system operation, Ethereum is a programmable blockchain:

Ethereum allows users to create their own operations that meet their needs and have different degrees of complexity. In this sense, Ethereum is a platform. This "platform" has built a relatively complete "system", which is a bit similar to Android and apple. Application developers can develop various applications on this system

this setting makes Ethereum break through the single "monetary function" of bitcoin, and expand the application scenarios of blockchain technology to all aspects. Now, for example, we can do a lot of things through mobile app: paying fees, ordering meals, taking a taxi, shopping and so on. Similarly, developers can develop DAPP (blockchain application) on Ethereum. In the future, you can use DAPP to replace app, paying fees, ordering meals, taking a taxi, shopping and so on. Ethereum gives us these beautiful visions

Thirdly, the consensus mechanism of Ethereum is different from that of bitcoin. As we mentioned earlier, bitcoin decides its bookkeeping rights through the consensus mechanism of pow. Although the security index of pow is high, the energy consumption and cost of mining are huge, and the transaction processing speed is still very slow. Therefore, Ethereum further enriched the technology of bitcoin and proposed a new mining mechanism, namely, proof of interest (POS)

The "proof of equity" proposed by Ethereum is similar to the shareholder mechanism. The more shares people have, the easier they are to obtain the bookkeeping right. It is a system of interest distribution according to the amount and time of holding money. The core logic of POS mechanism is: who holds the currency, who has the control of the network. It should be noted that in the POS mechanism, there is still computing power mining, which needs to solve a mathematical problem. However, the difficulty of the mathematical problem is related to the "age" of the coin holder. The longer the coin holder holds the coin, the easier the difficulty will be, and the greater the probability of digging the coin

Fourthly, the controversial ICO

Ethereum is an open source system, similar to the current Android and apple systems. Developers can develop various applications on it. Most of the ICO projects are based on Ethereum. If developers want to develop blockchain applications (DAPP) on Ethereum, they need to raise certain funds through ICO as operation and maintenance costs

The concept of ICO was very popular in 2017, which was once considered as the main reason for the bull market in 2017

What's the matter with ICO? ICO (initial coin offering) is a way to raise funds for digital currency / blockchain projects. Because the token has market value, it can be converted into legal currency. In this way, it can be used as the development cost of the project. And early participants can get the initial issue of digital currency in return

generally speaking, if a blockchain game company announces: we are going to issue money for private placement (ICO)! If you are particularly optimistic about this project, if you want to participate, you need to buy a certain number of Ethereum and call the wallet address of the blockchain game project party, which is equivalent to that you have participated in the crowdfunding (ICO) of the blockchain game project party. When the currency of this blockchain game company can be traded on the exchange, then they will pay you back according to certain rules

it seems that ICO in blockchain field is similar to IPO in stock field, isn't it? you 're right! In fact, ICO in the blockchain field is very similar to IPO in the stock field. Let's take a look at their general explanation:

IPO refers to an enterprise or company (limited company) selling its shares to the public for the first time

ICO refers to an enterprise or company (mostly blockchain start-ups) selling its token to the public for the first time

however, normally speaking, it is very difficult for an enterprise or company to go through the IPO process. It is very difficult to go through "BP seed round Angel round a round B round C round D pre IPO IPO IPO" without five to eight years. However, ICO in the field of blockchain can only be realized in three to eight months by "white paper - cornerstone investment - Private Placement -

- ICO - Stock Exchange"

This is also the reason why ICO is controversial. At present, many countries define ICO as an illegal act. It is not unreasonable to ban ICO, because at present, the state has no relevant supervision on this aspect, so it is very easy for the project party to illegally raise funds and circle money, which not only causes great losses to investors, but also disrupts the normal financial order

Fifthly, the most important feature of Ethereum is the introction of "smart contract". What does smart contract mean? Smart contract is to define a set of trading rules in the form of code. In our daily life, we usually sign paper contracts, and the implementation of paper contracts needs centralized institutions, that is, the court to supervise. The "smart contract" proposed by Ethereum is to realize decentralized automatic execution through program

the account called "smart contract account" will only be executed according to the code. This technology has a wide range of applications, including insurance, equity, trust and so on. It can be said that this technology can be applied to all activities that need trust

Sixth, the significance of Ethereum: it represents the blockchain 2.0 era. After the glorious period of 2017, now, in the face of bear market, some ICO projects are worried about being tired by the bear market and cash out one after another, leading to a sharp drop in the price of Ethereum. V God, the founder of Ethereum, is also deeply involved in all kinds of rumors. There are often rumors that he is going to quit Ethereum and he is running away

However, Ethereum is indeed a leap forward in blockchain technology, which represents the era of blockchain

2.0. If bitcoin represents the era of blockchain 1.0, it provides new ideas and new methods for value transfer; Then, the blockchain 2.0 era represented by Ethereum makes the commercial application of blockchain possible

3.

The idea of Ethereum was born in 2013. Vitalik buterin ˙ When he was a programmer in the bitcoin community, he suggested to the core developers of bitcoin to develop a language for application developers to facilitate the development of various applications. Bitcoin core developers disagree. So God V decided to develop a new platform for this purpose

V God wrote the white paper of etheric currency in 2013, in which he explained the goal of building a decentralized program. In 2014, we got development funds through crowdfunding, so we developed the Ethernet system< (better digital currency trading platform "currency exchange")

since its birth, it has carried out four hard bifurcations so far

for the first time, in order to adjust the difficulty

released a stable version of "homeland" for the second time

for the fourth time, in order to prevent DDoS and rece weight

there is only the third hard fork, because of the hacker attack, and forced to fork. This is the Dao event

On July 30, 2015, v-god and Ethereum Foundation created the first smart contract platform and designed the Dao Ethereum contract

on April 30, 2016, the Dao smart contract was officially deployed, and the world's largest crowdfunding was completed, reaching an amazing $150 million As an aside, the biggest crowdfunding event in time is EOS crowdfunding, which has reached an even more amazing $5 billion!)

on June 17, 2016, the Dao was attacked by hackers, who stole about 50 million US dollars of Ethernet currency, and the price also plummeted from US $20 to US $15, causing great harm to Ethereum. In order to recover the loss of investors, the community finally decided to hard fork

therefore, on July 20, 2016, at the block height of 1920000, the hard branching was successful, and the new chain is called Ethereum eth, while the original chain is now Ethereum classic etc

4. Eth is still the strongest public chain with the best comprehensive strength, and its popularity and investment risk are second only to bitcoin. EOS is better in performance, but there are many technical security defects, which do not prevent it from being one of the best public chains. I personally think that God V may be the first to realize the talent of technical prodigy. After all, ETH team has been developing, researching and making breakthroughs; BM has never been disappointing in terms of disappointment.

5.

The extension of the chain of etc was unexpected by the Ethereum community at that time. When 90% of the computing power was switched to the new chain eth, Ethereum classic with 10% of the computing power appeared in the Ethereum community. This 10% of the computing power is still reported in the short chain, until P network suddenly launched a digital asset called etc, and the token of Ethereum classic was officially born. At that time, the online P network of etc once caused the threat of replay attack. It was predicted that if etc could not solve this problem, etc, a short chain abandoned by most Ethereum communities, would not last. However, etc is still running today< a better digital currency trading platform "currency exchange"

compared with eth, led by vitalik, a computer genius and blockchain star, etc's development team is too quiet. In today's blockchain field, Ethereum has become the second largest cryptocurrency after bitcoin in terms of market value. At the same time, community members are all over the world. According to statistics, among the 100 blockchain projects, 94 are based on Ethereum platform. Such brilliant achievements, in addition to Ethereum development team's superb technology, of course, there is no lack of fierce marketing. Compared with other teams, God V's blessing is originally a big IP, although Ethereum has grown into the second largest cryptocurrency. Today's V God will still hold meetings all over the world, marketing itself as well as eth

on the other hand, etc has been lukewarm for many years. With the continuous development of the blockchain instry, etc, as an old currency, is about to be submerged in the long history. Is it true that, as the instry says, etc and dogcoin are guerrillas? Looking back on the development history of etc in recent years, in 2016, Ethereum classic (etc) was born in the Dao event, which was maintained by a new development team. P network is the first online exchange of etc. with the addition of more and more computing power, the trading volume of etc has graally increased

6.

V God refers to V God in happy male voice

is elected by the majority of netizens, who hold the power to blackmail other judges

V God should not only have a high popularity, but also directly veto the judgment of one of the judges, directly affect the competition results, and be the VIP of the judges

{rrrrrrr}

extended materials:

the characters represented by V God:

I. in myth,

V God is a Xuanwu people in Beiping. It was born in the autumn of 1987. When he was young, he was gifted. He was often appointed a date by a university in Beijing. He was famous for his expeditions, which can be said to be noisy. Waiting for V God crown, because from the tribe is a graceful station, elegant manner, closed on shy flowers, sunken fish wild goose beauty you

Second, in the game DOTA,

V God has played an immeasurable role in the process of VP winning mym7. God V's gank power is unmatched. Even if God V starts badly. In recent games, he led the team through the suffocating gank to destroy opponents. God V can be competent for any hero, such as the moon arrow, the fearless bounty hunter, and even the witch doctor. There is no doubt that vigoss will continue to rule the DOTA community< Third, in the water king, vshen is a member of the 5th phase of the 3rd unit of arma3 armed assault of saga, a famous domestic game team. Now he has become a regular member and one of the soul figures of the unit

Third, in the economy, vitalik buterin is the founder of Ethereum. Vitalik buterin, inspired by bitcoin, put forward the idea of "next generation cryptocurrency and decentralized application platform", which began to develop through ICO crowdfunding in 2014

at the end of 2013, vitalik buterin, founder of Ethereum, released the first edition white paper of Ethereum and launched the project. From July 24, 2014, Ethereum has carried out a 42 day pre-sale of Ethereum coins

7.

The issue of EOS and Ethereum is a hot topic in the whole instry. Some support EOS and some support Ethereum

at present, although the main network of EOS has been online, it still needs to be improved in many places. At present, Ethereum is still in a dominant position

The Ethereum community of God V is not willing to be outdone to develop new technologies to change the shortcomings of Ethereum

therefore, whether Ethereum or EOS will win in the future, or whether a chain will surpass both, there is no definite number

for the questions about EOS and eth, you can see some opinions of the instry leaders (hundreds of celebrities talk about the "EOS" website link), and maybe you can find the answer

8. The public chain in the public chain was proposed by Dr. Dai Weiguo of Tsinghua University of cross information. Based on the underlying security consensus network of think ey, the instry public chain was customized to form an ecological community; It's a new underlying basic operating system of blockchain Decentralization (similar to centralized Android and IOS). The public chain, alliance chain and private chain are equivalent to cars, so the public chain in the public chain is tinkey, which is equivalent to the highway we built.

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