Is etheric eternal coin the bifurcation of Ethereum
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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
start soft bifurcation to recover funds
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 ethereal classic etc are: Fire coin, okex, AAX, etc
First of all, we need to understand what is MLM:
MLM refers to the illegal behavior of organizers and development personnel to obtain wealth by calculating and paying remuneration to the developed personnel based on the number or performance of the personnel directly or indirectly developed, or requiring the developed personnel to pay certain fees to obtain the qualification to join. The essence of MLM is "Ponzi scheme", that is to say, the money of later comers is distributed to the income of former comers
However, the new type of MLM does not restrict personal freedom, does not accept ID cards and mobile phones, and does not take classes collectively. Instead, it uses capital operation as a banner to pull people to cheat money, drives luxury cars, wears gold and silver, and uses money to attract your relatives and friends to join in, and finally makes you lose all your moneythen judge whether the ether coin is a kind of MLM, whether you need membership fee, whether you need to ask your relatives and friends to join
extended materials:
Ethereum is an underlying technology platform on which developers can create distributed applications. With the application, there will be transactions. With a transaction, you need money to complete the transaction. In this way, money has value, and investors' investment has a return. If the transaction volume on the platform is larger and larger, the demand for money will be higher and higher, and the money will be more and more valuable
from the perspective of image, bitcoin creates a kind of digital gold, while Ethereum creates a country, and Ethereum is the credit currency of the country
after bitcoin, there are thousands of digital virtual currencies in the world, many of which are completely deceptive in the guise of "digital currency". Previously, Haikou Municipal Public Security cracked down on a pyramid selling organization called "Eurasian currency", which operated on the internet pyramid selling platform, making more than 40000 investors cheated, involving 4.06 billion yuan. The field of virtual currency has just started, so we need to be cautious
resources : Ethernet money network
after Ethereum bifurcates into etheric fog, the two will exist and develop together< br />
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 contracton 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
calculate a
official account virtual currency 168
detailed explanation
buy at a low price and sell at a high price
it's very easy to get the business running task. There is no qualification requirement. As long as there is a gang, you can get it from the sect master. After receiving the task, a silver note will appear in your backpack, which is the principal of your business! How to do a good job in business is the next thing you need to consider. It's worth noting that at this time you will enter a state of being unable to transmit, and everything will be done step by step with your legs
here's a reminder to all players: at this time, your name has become "XX Gang businessman". This is to tell you that you are doing business for the gang, and no one is allowed to disturb you. However, be careful. Some young swordsmen with bandit temper like to rob businessmen. Although they will lose their popularity, their gangs will increase the money of the corresponding banknotes and commodities. This is a business that can make no loss. So don't expect other young Xia to give up robbing you for fear of popularity. In the process of running a business, you must take good weapons and be ready to accept challenges at any time. Only with strong strength and courage can you defend the glory of the gang
selective buying and selling
there are four kinds of goods for us to buy from the specialty merchants in Chang'an city. The purchase price and selling price of each kind of goods are different. In order to save time and complete the business as quickly as possible, players should use their brains here to selectively purchase several kinds of goods according to the income and earn the maximum price difference
the next step is to run back and forth between several maps with specialty goods suppliers. The purchase prices of different goods vary in different locations. At present, there are two main business routes, one is from Chang'an city to Taohuawu and then to Loulan, the other is from Chang'an city to Kunlun mountain to Wangxian town. Find out your favorite business route and make the most profit for the gang
it's hard to run a business, but the target amount is not enough. Remember to go back to the gang and hand over the task to the master before it's really over. You will be rewarded with money, experience and tribute when you finish running business. You also have the chance to get all kinds of treasures in the gang warehouse!