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When will Ethereum expand

Publish: 2021-05-26 12:13:15
1. Some institutions have predicted that Ethereum will rise to $2500 by the end of the year, but it seems unlikely in the current market. Domain Kingdom's latest Ethereum price is $166, down 16% from yesterday
although the price of Ethereum continues to decline, there are still many investment opportunities. Nowadays, many people invest in Ethereum through virtual currency trading in the realm Kingdom, which is not affected by the rise and fall of prices, but also can invest less money in the shortest time to obtain more income.
2.

Ethereum is the next generation of cryptography ledger. It intends to support many advanced functions, including user issuing currency, intelligent protocol, decentralized transaction and what we think is the first fully decentralized autonomous organization (Daos) or decentralized autonomous company (DACS) application

Ethereum does not specifically support every single type of function as a feature. On the contrary, Ethereum includes a built-in Turing complete scripting language, which allows you to write code for the feature you want to implement through a mechanism called "contract". A contract is like an automatic agent. Every time a transaction is received, the contract will run a specific code, which can modify the data storage inside the contract or send the transaction. Advanced contracts can even modify their own code

Ethereum was launched on November 1, 2015, and launched on August 22, 2016 on bitcoin trading platform, a well-known domestic trading platform; 30-¥ About 60, current: ¥ 1259.97, the rise is amazing

3.

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

4.

  1. about the variability of blockchain

  2. eth, if most people agree to modify the chain, that is, variability, then they can modify the blockchain records and contracts

  3. etc, blockchain records and contracts can't be modified, that is, they can't be tampered with

  4. here are the advantages and disadvantages of the two methods

    The advantage of
  5. variability is that people can make timely changes to make the right decisions. Therefore, modifying the specification is more practical than finding loopholes

  6. 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

  7. differences in development

  8. 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

  9. etc, the decision-making of blockchain is mainly decided by the feedback of three loose, collaborative teams with community participation

  10. 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

  11. about compatibility

  12. 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

  13. 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

  14. etc focuses on making developers create more secure contracts, such as viper, iohk research, at the cost of consuming the number of potential developers

  15. 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

  16. about the transaction speed

  17. eth, the average is 25 seconds, which will be shortened after upgrading

  18. etc, with an average time of 14 seconds, maintained at 10-14 seconds after upgrade, according to ecip-1010 and ecip-1036 protocols

  19. about the block capacity

  20. 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

  21. 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

  22. about community

  23. eth, mainly discuss on reddit

  24. etc, mainly discuss on slack

  25. about monetary policy

  26. eth, the planned supply is growing steadily, resulting in an average inflation of 3% in eth blockchain in its life cycle

  27. 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

  28. etc owns etc trading trust, which allows investors to own etc instead of the asset itself

5.

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.

6. The network will be upgraded to Constantinople & Petersburg at block height of 7280000. L, Z, b show that it will be upgraded on March 1, 2019 Beijing time. I don't know if the upgrade is successful
7.

The

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

8. 1. The first feature of blockchain is decentralization. How to understand it? Taking the trading book of the foreign exchange trading platform as an example, through the comprehensive and in-depth application of blockchain technology, the foreign exchange trading platform can record all relevant information in a distributed account book, making it difficult for traders to tamper with their trading records, and investors can clearly understand their own capital status and each order transaction, It also changes the opaque trading status of the foreign exchange instry in the past, and is concive to strengthening the competitiveness of the formal and high-quality foreign exchange trading platform
2. The second feature of blockchain is security. Because the blockchain is composed of each encrypted data mole, it has a specific defensive. When the blockchain technology is applied to the safe operation of procts and the management and operation of the platform, this natural security defense mechanism will rece the operation cost of the platform, and the risk coefficient of the platform will be greatly reced
3. When the security and trust are highly solved through blockchain technology, the transnational settlement and transaction efficiency of transactions will undoubtedly be greatly improved. At this time, compared with the past, the foreign exchange trading platform with block chain technology has higher technology content, which can provide more professional service requirements for investors. It's a wonderful thing for investors.
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