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Ethereum and ether coin

Publish: 2021-03-22 11:45:16
1. Eth is a kind of digital token of Ethereum, which is regarded as "bitcoin version 2.0". It adopts the blockchain technology "Ethereum", which is different from bitcoin. It is an open-source public blockchain platform with intelligent contract results, and a resonance network composed of tens of thousands of computers around the world. Developers need to pay eth to support the application. Like other digital currencies, ether currency can be bought and sold on the trading platform

warm tips: the above explanations are for reference only, without any suggestions. There are risks in entering the market, so investment should be cautious. Before making any investment, you should make sure that you fully understand the nature of the investment and the risks involved in the proct. After a detailed understanding and careful evaluation of the proct, you can judge whether to participate in the transaction
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2. In fact, Ethereum is a virtual currency like bitcoin. Ethereum is decentralized, accounting by the whole network, and the account book is open, transparent and non tamperable. Unlike bitcoin, Ethereum is a programmable blockchain, which provides a complete set of Turing script language
however, if you want to get blockchain, you still need to get it by mining with hayu miners. However, many people get Ethereum by starting with Ethereum, but that's a big risk! There are certain risks!
3. Eth is a kind of digital token of Ethereum, which is regarded as "bitcoin version 2.0". It adopts the blockchain technology "Ethereum", which is different from bitcoin. Developers need to pay eth to support the operation of the application. Like other digital currencies, master Cai suggested that ether currency can be bought and sold on the trading platform< However, trading has been banned in China and it is suggested to invest in other digital currencies.
4. BTC: bitcoin LTC: lightcoin eth: Ethereum, Ethereum etc: Ethereum classic
5.

  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

6.

although bitcoin and Ethernet are both digital currencies, unlike bitcoin, the main purpose of Ethernet is not to build itself as a payment substitute, but to facilitate and monetize the operation of Ethereum, so that developers can build and run distributed applications

7.

The user groups of Ethernet and bitcoin are different

8. Bitcoin and Ethereum are both digital currencies. Bitcoin ranks first in market value, followed by Ethereum. After registering with the bitnet exchange, you can invest in them.
9. Ethereum is a platform and a programming language, which enables developers to build and release the next generation of distributed applications
Ethereum can be used to program, distribute, guarantee and trade anything: voting, domain names, financial exchanges, crowdfunding, corporate management,
contracts and most of the agreements, intellectual property, and smart assets that benefit from hardware integration
Ethereum will use a hybrid security protocol. In the early stage, it will use the proof of work (POW) mechanism to distribute Ethernet currency, and then it will switch to the proof of equity (POS) mechanism. Since the launch, there will be 0.26x every year, that is, 60102216
*
0.26
=
15626576 ether coins will be g up by miners every year. After being converted to POS, the annual output of Ethereum will be reced
English Name: Ethereum / eth
Chinese Name: Ethereum
listed exchanges: 156
issuing time: July 24, 2014
10. If bitcoin and Ethernet have different rules, do they have different ways of trading and investment
for a long time, Ethernet has been known as a strong competitor of bitcoin. It wasn't until Andreas antonopoulos claimed that Ethernet was no longer a competitor of bitcoin, which triggered a heated discussion on social networks
people begin to compare the two and discuss the differences in investment and transaction between the two digital currencies< According to Chris burniske, analyst and blockchain proct director of ark investment management company, bitcoin is more used for hedging, while Ethereum, which relies on Ethereum to execute smart contracts, is more seen as a trading tool
bitcoin and Ethereum systems are built on the basis of blockchain, in which transactions are recorded publicly, making currency and asset transactions more convenient and preferential, eliminating the cumbersome middleman
in December 2015, the price of Ethernet currency was less than US $1, but now it has risen to US $15, nearly 15 times in just six months. This achievement is attributed to Ethereum, whose financial contracts are completely executed by software, which has attracted a large number of users to invest
with the previous example of Ethereum, the success of Dao (decentralized autonomous organization) is no surprise. The crowdfunding platform supported by Ethereum raised nearly $150 million from more than 10000 anonymous users. Each participant is given the right to vote, they can allocate funds, choose projects, once the investment project is successful, they can also get a certain degree of dividend reward< There are 670 bitcoin ATMs in the world, and thousands of outlets support bitcoin payment. Unlike bitcoin, Ethereum has not yet emerged in the field of electronic payment. At present, the main purpose of Ethereum is to support Ethereum network (such as Dao) to run programs
David ccini, executive director of the strength in numbers foundation, said:
users' expectations of Ethernet are different from those of bitcoin. Both cryptocurrencies can be used for speculation, but the original function of Ethernet currency is to support the operation of applications. Therefore, users need enough Ethernet coins to run their own app. This is also the problem faced by Dao - unless Dao can continuously generate new Ethernet coins, the payment platform will be in danger of outage.
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