Ethereum Dao price
a brief history of etheric Classics (etc)
etheric classics began with an unfortunate event
in May 2016, the decentralized autonomous organization (DAO) held a token sale with the goal of establishing a blockchain based venture capital to fund future decentralized applications (dapps) in the Ethereum ecosystem
basically, Dao is a complex smart contract that operates in a decentralized way - computer code that automatically performs tasks between multiple parties when conditions are met
despite its ambitious goals and successful token sales, Dao's code has a major vulnerability that allows attackers to steal eth from decentralized organizations
the attacker took advantage of this vulnerability in June 2016, triggering the infamous Dao hacking event, and maliciously stole eth worth about US $50 million
there is no doubt that Dao hacking has shocked Ethereum community and made eth price drop from $20 to $13
after the Dao hacking, the Ethereum community has to choose from three options
< UL >do nothing and try to bear the consequences of the attack; Or
start soft bifurcation to recover funds; Or
deploy a hard fork to recover the lost eth
both soft and hard bifurcations are significant network upgrades. However, soft fork allows users who are not upgraded to communicate with upgraded users, while hard fork is not backward compatible with previous versions
as developers realize that deploying soft forks will expose the network to distributed denial of service (DDoS) attacks, Ethereum community decides to initiate hard forks to recover the funds lost in Dao hacking attacks
although this scheme is supported by most people, a small number of people in Ethereum community oppose it. They think that "code is the law" and blockchain network should be unchangeable
the failure of both sides to reach an agreement on the solution eventually led to the fragmentation of Ethereum blockchain
those who tried to recover the lost eth chose the hard fork and opened the Ethereum (ETH) blockchain as we know it today, while another group stayed on the original Ethereum classic (etc) chain
what problems does ethereal classic solve
Ethernet classic (etc) is a blockchain platform that allows developers to deploy smart contracts and dapps
although this function is the same as Ethereum (ETH), etc blockchain has two main differences
first of all, Ethereum classic community opposes tampering with distributed ledger and supports the view that "blockchain network cannot and should not be modified"
secondly, although there is no rigid upper limit on the total supply of eth, it is allowed to create 230 million etc at most by adopting the monetary policy of constant supply
as a bonus item, ethereal classic launched Atlantis hard bifurcation last year to increase the interaction with Ethereum and improve the privacy protection of transactions through ZK snarks
the trading platforms recommended by etc
hot money, okex, AAX, etc
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has a high market value, and ethereal classic is well-known in the top 15
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in the market value of digital currency market. As a forked currency of Ethereum, Ethereum has a certain reputation
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and relatively stable fluctuations. Compared with air currency, Ethereum classic is less volatile
a better digital currency trading platform "currency exchange"
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
Now the fire of virtual currency is in a mess. Everyone is talking about the blockchain and virtual currency. It feels like they are eliminated without talking about the blockchain. Let's talk about virtual currency today
concept description: calculation force and force are both mining capabilities. Generally, the higher the mining capacity is, the more mines will be g under the same conditions
however, I was also tempted by that sentence: "go to sea in the 1980s, speculate in stocks in the 1990s, and engage in Internet in the 1990s? What opportunities have you missed to get rich overnight over the years? " Many people are afraid to miss the tuyere, in fact, any new things should be treated with a normal mind, should not hold too high requirements
I will first introce several virtual currencies, and analyze whether they are regular or counterfeit through their models
1. Netease Star:
no matter who introces the virtual currency of blockchain, Netease star will be the first choice. Although Netease star has no trading platform and can't trade at present, they are all necessary. Maybe they believe that "Netease procts must be high-quality procts", or I have such an attitude
Netease planet is a virtual currency of blockchain launched by Netease in early 2018
the app of Netease planet is very concise, clean and tidy. It only shows the growing black diamonds. Here is the list of force value and black diamonds. At present, the highest force value is 223, and the highest force value of black diamond is 60
through the above methods, although it can't be 100% identified as counterfeit currency, for your reference, you can't blindly invest because you too much virtual currency, you must have a clear mind
take airport line 6 (306) to Bao'an passenger station. A total of 12 stations, the whole journey is about 10.4km
it is recommended that you search "Shenzhen know it" on the Internet. The first is to click in and download the free Shenzhen know it software, which is easy to use.
take bus No.
M371,
, get off at
Bao'an Art City (18 stops), and walk to
Bao'an bus station
(about 530 meters)