Ethereum new crown

1.

BTC bitcoin

bitcoin is the first distributed digital asset platform created. Since its launch in 2009, it has proven to be not only the most popular, but also the largest market capital value. In addition, it is also the most expensive, with a value of $10710 per coin on February 17, 2018. Bitcoin introces the first blockchain distributed ledger dedicated to recording all transactions, and gets rid of the function that users need a central authority to process or verify transactions

its goal is to provide a platform for users to conct cross-border transactions without any intermediary, which is what we call decentralization. The platform's largest money (BTC) supply is about 21 million. Of this figure, about 16.5 million have been mined and are now in circulation. It is mined all the time around the world to ensure the circulation of coins

Advantages:

1. Its distributed system provides users with great freedom

2. High portability

This is a secure network

disadvantages:

1

2. The user may lose the key

eth Ethereum

Ethereum is also a distributed platform, which was created by Network Programmer vitalik buterin in July 2015. Ethereum aims to enable users to create and deploy smart contracts. One of the main functions of smart contracts is to allow the creation of encrypted assets or tokens running on Ethereum networks. Ethereum token is used to purchase various functions such as cloud storage space. These tokens are stored in a digital wallet compatible with Ethereum blockchain

Ethereum's digital currency ether serves as the medium for executing smart contracts. At present, about 98 million ether coins have been mined and circulated, and the circulation supply increases by about 18 million every year. Ethernet coin is created to run on the Ethereum network. It can be used to compensate the participant nodes or transfer from one user to another

advantages:

1

2

The safety was very high

disadvantages: large circulation

< H2 > extended data:

generation principle:

starting from the essence of bitcoin, the essence of bitcoin is actually a special solution generated by a bunch of complex algorithms. A special solution is one of the finite solutions of a system of equations. Every particular solution can solve the equation and is unique

in the metaphor of banknotes, bitcoin is the number of the top word of a banknote. The number of the top word on a banknote owns the banknote. The process of mining is to constantly seek the special solution of the equation system through huge amount of calculation. The equation system is designed to have only 21 million special solutions, so the upper limit of bitcoin is 21 million

to mine bitcoin, you can download the special bitcoin computing tools, register various cooperation websites, fill the registered user name and password into the computing program, and then click the operation to officially start

after completing the installation of bitcoin client, you can directly obtain a bitcoin address. When others pay, you only need to post the address to others, and you can pay through the same client

after installing the bitcoin client, it will assign a private key and a public key. You need to back up the wallet data containing your private key to ensure that your property is not lost. Unfortunately, if the hard disk is completely formatted, personal bitcoin will be completely lost

2.

China does not issue digital currency, and all the existing digital currencies are illegal

the central bank pointed out that no legal digital currency has been issued, and no institutions and enterprises have been authorized to issue legal digital currency. At present, the so-called "digital currency" in the market is not legal digital currency

virtual currency is the electronization of illegal currency, and its original issuer is not the central bank. This kind of virtual currency is mainly limited to circulation in a specific virtual environment. Digital currency can be used for real goods and services transactions, but only the digital currency issued by the state is legal digital currency

"the legal currency of our country is RMB." In the risk warning, the monetary Bureau of the people's Bank of China once again stressed that RMB is uniformly printed and issued by the people's Bank of China

extended information:

with the soaring price of virtual currency represented by bitcoin, digital currency and the blockchain technology behind it have attracted great attention of the global financial community. In fact, legal digital currency has not yet been issued in China. Recently, the official website of the monetary Bureau of the people's Bank of China (PBOC) released the risk warning on issuing or promoting digital currency in the name of the people's Bank of China

in 2013, the central bank, together with five ministries and commissions, issued the notice on prevention of bitcoin risks, which clearly defined non legal digital currencies such as bitcoin as virtual commodities, which do not exist in the form of currency and legal currency

At the same time, digital money is different from electronic payment. In the actual use experience, digital money and electronic payment may feel similar, but they are still quite different in essence. Before digital currency, the financial instry has been highly informationized

such as Internet banking, WeChat, Alipay and other payment electronic popularization graally, physical cash accounts for only a very small part of all circulating currencies. In spite of this, because the money used in the transaction comes from the bank account, it actually corresponds to the banknotes

currently, digital currency in the market involves multi-level marketing

digital currency is a new technology that can improve the efficiency of transaction, but it is targeted by lawless elements to carry out pyramid selling and fraud in its name

the official website of the monetary Bureau of the people's Bank of China issued the risk warning on issuing or promoting digital currency in the name of the people's Bank of China. The central bank pointed out that recently, indivial enterprises falsely used the name of our bank to label relevant digital procts as "authorized issuance by the people's Bank of China", or falsely claimed that the digital currency promotion team of the central bank issued, in an attempt to deceive the public and take the opportunity to make huge profits

in the risk warning, the central bank stressed that the bank has not issued legal digital currency, nor authorized any institutions and enterprises to issue legal digital currency, and there is no promotion team. At present, the so-called "digital currency" in the market is not legal digital currency

at the same time, the so-called "digital currency" launched by some institutions and enterprises and the so-called promotion of the central bank's issuance of digital currency may involve pyramid selling and fraud. The general public should raise their risk awareness, invest rationally and prudently, and prevent the interests from being damaged

3. Not only are gold and bitcoin irrelevant, they even represent different asset classes. You can't compare bitcoin and gold as apples and oranges
Shelley Goldberg, a well-known investment consultant working for brevan Howard asset management and Roubini global economics, believes that as an analogy, it is like soybean futures and Intel stock. Many people may think that gold and bitcoin are both currencies because they can be used to buy goods and services. Or, both are commodities, because trading commodity futures needs to meet the minimum standards of account opening funds, and comply with the relevant futures and option contracts. But gold is a commodity, bitcoin and blockchain are technologies
in what unit are abstract things measured
Stefan Weiler, vice president of goldmoney, a global financial services and technology company, believes that gold is real and has physical and measurable natural advantages, rather than abstract man-made money, including fiat money. Therefore, gold has measurable mass and weight to determine its unit (gram, Troy, ounces, etc.). But bitcoin doesn't have this feature. Weiler pointed out that "abstract things can only be measured in their own units.". So the bitcoin value of "weighing" is literally not comparable to the value of gold
Stefan has worked in the world's top financial institutions for more than 10 years. He was senior director of commodity strategy at Goldman Sachs and research director of commodity hedge fund BBL commodities. In 2014, the hedge fund gained 51.3% return and won the title of "new fund of the year"
Weiler explains this problem by comparing the units between bitcoin and gold:
when comparing the units of gold and bitcoin, we must first define which unit to measure, gram... Kilogram... Or ton? Or ounces? Weiler uses the market capitalization of the two companies (apple (NASDAQ: AAPL) and seaboard (nysemkt: SEB) as a metaphor to illustrate how unit size / amount distorts the price: comparing the price of a unit of bitcoin and an ounce of gold is a bit like comparing seaboard's shares (US $4179 per share) with Apple's shares (US $116 per share), and concludes that, Seaboard's market value is about 35 times that of apple. Considering only the stock prices of the two companies without considering the shares (i.e. units) issued, it is obviously not enough. Weiler believes that a similar situation will occur when comparing gold and bitcoin
neither is money
by definition, money is a widely accepted means of payment as a medium of exchange. The classification of gold as a commodity currency goes back a lot to the early days of capitalism, when people could trade gold for cattle. But this model doesn't work because gold is often in short supply. Gold is a tradable tool and asset-backed currency, because it can be exchanged for a certain amount of US dollars, but if you take the gold nugget to the grocery store to buy something, the grocery store will not sell it to you. Unless we go back to the Bretton Woods system when gold was fixed against the US dollar, gold is not directly linked to any currency
there is no doubt that bitcoin is becoming an acceptable means of payment both offline and online, such as offline stores, home depot and online transactions, such as expedia.com, which are also accepted by many countries, such as Estonia and Denmark. But it is still not widely accepted around the world
money is national legal, which means that each Congress uses it in monetary policy. The Fed can print as many dollars as it can to stimulate the economy. At present, more than 50 banking organizations in the world have joined the R3 blockchain alliance, but bitcoin does not rely on the government, banks and other third parties
unlike money, both gold and bitcoin are in limited supply. The gold supply of the earth depends on the underground reserves, and the creation limit of bitcoin is 21 million
Goldberg believes that although the value of bitcoin exceeds that of gold for the first time, there is no comparability between bitcoin and gold
the two are not irreplaceable
gold was first used around 700 BC, and after that, nothing with the same properties as gold has been found or created. Metallurgists have made alloys that look and feel like gold, but they are not gold because they do not meet physical delivery standards. Bitcoin, on the other hand, has numerous alternatives, because countless "altcoin" cryptocurrencies have sprung up to challenge it, such as Ethernet, which follows Casper rules
according to cryptocoincharts, the market value of 3694 cryptocurrencies has reached 27.8 billion US dollars. Of course, bitcoin has an overwhelming market share, but who knows what other cryptocurrency popularization or some technology will challenge and destroy the current market in the future. Not long ago, many bitcoins were stolen from Mt. GOx exchange. Last summer, a project using blockchain technology was hacked and lost millions of dollars. So there is still room for improvement
gold is a commodity, but bitcoin is not. Gold is a basic commodity or hard asset that can be used in business, and it can be used as a material to proce other commodities. People can also use gold for physical delivery and then make it into some other form for use. Although bitcoin is storable, it is not physical and cannot be held, felt or transferred. " Goldberg said
are bitcoin and gold risk averse
for centuries, gold has been regarded as a safe haven asset or used as a hedge against inflation, but this attribute is not permanent, because there are many alternatives, such as the Swiss franc and tips. Bitcoin is different. In fact, China's three largest bitcoin exchanges recently stopped withdrawing money under pressure from the people's Bank of China for fear that bitcoin would be used to transfer money abroad. Bitcoin has not experienced inflation since its birth, so its anti inflation property has not been verified< However, they are similar. Shelley Goldberg believes that bitcoin and gold are rare, their prices may be volatile, and each serves as an alternative investment to those lacking confidence in legal tender and monetary policy. Bitcoin trading is not as easy as gold, because people have to buy bitcoin through online trading platforms or invest in over-the-counter bitcoin trusts. There may be a bitcoin ETF in the near future, as the US Securities and Exchange Commission is considering a proposal to launch an exchange traded fund backed by bitcoin. A final decision will be made by this Saturday
on February 14, SEC officials met with brother Tyler Winklevoss and brother Cameron Winklevoss, advocates of bitcoin ETF, to discuss the above proposal. The market expects that once bitcoin ETF is listed, it will attract a large amount of capital investment, reaching at least $300 million. With this development, bitcoin will become an easier trade
cryptocurrency supporters believe that bitcoin is the medium of exchange and storage value in the future. However, the volatility of bitcoin is a problem when only the downlink deviation is measured instead of the standard deviation& quot; This method better shows the risks of bitcoin becoming a widely used currency, "Weiler said

in his analysis, Weiler believes that "the volatility of bitcoin is significantly higher than that of gold and currency
Weiler believes that although bitcoin's short-term performance is impressive, it still has serious limitations in terms of utility and savings compared with gold and precious metals. At the same time, Shelley Goldberg also believes that the relative value of bitcoin is basically nothing except speculation. In addition to the expectation that trump will relax the financial regulatory environment in the United States, China, India, Venezuela and other countries have tightened the supervision of bitcoin. Therefore, with the currency instability in emerging markets, the uncertainty of Trump's policy and the expectation of stock market adjustment, there are still good reasons to buy gold.

4.

V God refers to V God in happy male voice

is elected by the majority of netizens, who hold the power to blackmail other judges

V God should not only have a high popularity, but also directly veto the judgment of one of the judges, directly affect the competition results, and be the VIP of the judges

{rrrrrrr}

extended materials:

the characters represented by V God:

I. in myth,

V God is a Xuanwu people in Beiping. It was born in the autumn of 1987. When he was young, he was gifted. He was often appointed a date by a university in Beijing. He was famous for his expeditions, which can be said to be noisy. Waiting for V God crown, because from the tribe is a graceful station, elegant manner, closed on shy flowers, sunken fish wild goose beauty you

Second, in the game DOTA,

V God has played an immeasurable role in the process of VP winning mym7. God V's gank power is unmatched. Even if God V starts badly. In recent games, he led the team through the suffocating gank to destroy opponents. God V can be competent for any hero, such as the moon arrow, the fearless bounty hunter, and even the witch doctor. There is no doubt that vigoss will continue to rule the DOTA community< Third, in the water king, vshen is a member of the 5th phase of the 3rd unit of arma3 armed assault of saga, a famous domestic game team. Now he has become a regular member and one of the soul figures of the unit

Third, in the economy, vitalik buterin is the founder of Ethereum. Vitalik buterin, inspired by bitcoin, put forward the idea of "next generation cryptocurrency and decentralized application platform", which began to develop through ICO crowdfunding in 2014

at the end of 2013, vitalik buterin, founder of Ethereum, released the first edition white paper of Ethereum and launched the project. From July 24, 2014, Ethereum has carried out a 42 day pre-sale of Ethereum coins

5. Go in here. If you can use it, you can get down. However, we have to wait
hope the landlord will adopt it, thank you

6. Leave a mailbox

7. You use the electric donkey to search, and then the ed2k link of each episode, you can use thunderbolt. Although it's a bit troublesome, it's the only way to do it now that there is no complete variety~

8. It has been sent, please check