Ethereum player
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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; Or
start soft bifurcation to recover funds; Or
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 etc hot money, okex, AAX, etc
ether clown is a blockchain pet cultivation game launched by IAC advertising platform, which combines with pet entertainment to make money easily, and at the same time combines with blockchain technology to ensure the interests of players. Experience the fun of raising, working, earning and reselling, beautiful pictures, rich experience and happy income! Make a real game, let players get a more comfortable experience, with the game this well-known proct form, the human into the era of full intelligence
ether clown is a digital collection, a non-standard digital currency (ether currency, etc.), which is based on blockchain and can never be changed. It can be verified by a third-party platform to clearly query the relevant data information! Cryptoclow is a digital and collectable blockchain game based on Ethereum blockchain. Using ether money to adopt clowns can not only resell them, but also use them to breed a new generation of clowns with strange shapes. It can also cultivate them to work and earn money, making the digital collection of clowns more sustainable and playable# Ethereum clown#
Thank you for your recommendation. Here I would like to share with you the following:
forsage international crowdfunding, the revolutionary smart contract technology of the new generation platform, originated from the development of Russian technical team, provides distributed market participants with the ability to directly engage in personal and commercial transactions. The smart contract of forsage distributed global shared matrix project is open and can always be viewed on the Ethereum blockchain. These are real smart contracts, which will be implemented on the Ethereum public chain forever without any third party tampering. The global shared matrix project is completely decentralized, aiming to preach Ethereum, so that more players can know Ethereum, smart contracts and forsage code btshijie
what is Ethereum
Ethereum is often compared with bitcoin, but the situation is different. Bitcoin is a kind of cryptocurrency and distributed payment network, which allows bitcoin to be transferred between users
the Ethereum project has a bigger goal. As Ethereum said, "Ethereum is a distributed platform running smart contracts.". These smart contracts run on "Ethereum virtual machine", a distributed computing network composed of all devices running Ethernet nodes
"distributed platform" means that anyone can set up and run an Ethereum node just as anyone can run a bitcoin node. Anyone who wants to run "smart contracts" on nodes must pay the operators of these nodes in ether, which is a cryptocurrency related to Ethereum. Therefore, the person running the Ethernet node provides computing power and gets paid in the Ethernet, which is similar to the way that the person running the bitcoin node provides hash power and pays in bitcoin
in other words, although bitcoin is only a blockchain and payment network, Ethereum is a distributed computing network, and its blockchain can be used for many other things. Details are provided in the Ethereum white paper
what is smart contract
smart contracts are applications that run on Ethereum virtual machines. This is a distributed "world computer" with computing power provided by all Ethereum nodes. Any node providing computing power will pay in ether digital currency as a resource
they are named smart contracts because you can write "contracts" that execute automatically when you meet the requirements
for example, imagine building a KickStarter like crowdfunding service on Ethereum. Someone can set up an Ethereum smart contract to pool funds to others. The smart contract can be written as follows: when $100000 of currency is added to the pool, it will be sent to the recipient. Or, if the $100000 threshold is not reached within a month, all currencies will be returned to the original holder of the currency. Of course, this would use ether instead of dollars
all this will be done according to the smart contract code, which can automatically execute the transaction without the need for a trusted third party to hold the currency and sign the transaction. For example, KickStarter charges 5% above the 5% payment processing fee, which means it will charge $8000 to $10000 for a $100000 crowdfunding project. Smart contracts don't have to pay a fee to a third party like KickStarter
smart contracts can be used for many different things. Developers can create smart contracts to provide functions for other smart contracts, similar to the way software libraries work. Alternatively, smart contracts can simply be used as applications to store information on the Ethereum blockchain
in order to really execute the smart contract code, someone has to send enough Ethernet tokens as the transaction fee - how much depends on the required computing resources. This costs the Ethereum nodes to participate and provide computing power. The global shared matrix project, which is completely decentralized, aims to preach Ethereum and let more players know Ethereum, smart contracts and forsage code btshijie
etc (Ethereum Classic) is a bifurcated currency that Ethereum hard bifurcates after 1920000 blocks, and its function is very similar to Ethereum. Etc adheres to the concept of decentralization and supports the consensus mechanism of blockchain guarantee. Etc firmly believes that once the blockchain starts to run, its development direction will not be controlled by any central team, but will be determined by the consensus of the people participating in the whole network and the consensus of the computing power of the whole network
the Ethereum blockchain hard branching in July 2016 aims to transfer the Dao funds stolen by hackers to an account controlled by investors, and let the old transaction records be forgotten by history. Most Ethereum developers are involved in the reversal, as are exchanges, startups and other members of the ecosystem. A few days later, the project returned to normal. But not everyone wants to forget the old record. As a result, a small number of miners continued to use the original blockchain as a protest. They described the hard fork as a capital withdrawal for the abandoned project of the Dao. So Ethereum classic (etc) was born
2. Detailed parameters
Chinese Name: Ethereum classic English Name: Ethereum classic English abbreviation: etc
developer: Ethereum Classic team core algorithm: ethash consensus proof: POW
release date: 2016 / 7 / 20 block time: About 15-17 seconds / block
total currency: fixed at 210 million, up to 230 million, Every 5 million blocks decelerate by 20%, and the first proction rection is expected to be in December 2017
main features: independent cryptocurrency
compared with bitcoin, we can find that Ethereum is more difficult to develop a new encryption technology than bitcoin. This breakthrough has greatly reced the development cost and time for developers who apply blockchain technology. The emergence of Ethereum once again reiterated the need to split the center, as well as the feasibility and advantages of decentralized distributed applications, to the existing economic market, the financial sector a new direction of development and throw to the society a new entrepreneurial ideas and opportunities.
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bus line: Line 1 → line 3, the whole journey is about 20.0km
1. Walk about 590m from Nanshan sports center to Taoyuan station
2. Take Line 1, pass 10 stops, reach Shopping Park Station
3, walk about 180m, transfer to line 3
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5, walk about 360m, reach shengtingyuan hotel