Which part of Ethereum mnemonics should be stored
the number of atoms in the universe is between the 78th power of 10 and the 82nd power of 10. That is to say, 24 words are randomly selected from 2048 words in bip39 thesaurus for permutation and combination, and the magnitude of the answer is similar to the number of atoms in the universe
if we want to get a mnemonic word of bitcoin wallet from these 2048 words, the probability is about 677 billion divided by 1 * 10 to the 78th power, and the result is 6.77e to the - 70th power. This is a very small number. Therefore, the probability of getting a bitcoin wallet from 2048 words is very, very low, let alone from Nakamoto's wallet
of course, we don't rule out the element of luck, in case you hit the mnemonic word of Nakamoto's wallet. Then you can really get instant wealth and freedom, and more importantly, you can cheat people that you are Nakamoto. So, as long as you have perseverance and courage, you can have a try. After all, there is a very good saying: there should be dreams, in case of hell.
-
about the variability of blockchain
-
eth, if most people agree to modify the chain, that is, variability, then they can modify the blockchain records and contracts
-
etc, blockchain records and contracts can't be modified, that is, they can't be tampered with
-
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
-
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
-
differences in development
-
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
-
etc, the decision-making of blockchain is mainly decided by the feedback of three loose, collaborative teams with community participation
-
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
-
about compatibility
-
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
-
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
-
etc focuses on making developers create more secure contracts, such as viper, iohk research, at the cost of consuming the number of potential developers
-
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
-
about the transaction speed
-
eth, the average is 25 seconds, which will be shortened after upgrading
-
etc, with an average time of 14 seconds, maintained at 10-14 seconds after upgrade, according to ecip-1010 and ecip-1036 protocols
-
about the block capacity
-
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
-
about community
-
eth, mainly discuss on reddit
-
etc, mainly discuss on slack
-
about monetary policy
-
eth, the planned supply is growing steadily, resulting in an average inflation of 3% in eth blockchain in its life cycle
-
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
transfer eth, as long as there is an address, you can transfer it out
mnemonic words are things that you can help to find when you forget your key, not related to money collection.