Bitcoin vs BTC
for a long time, Ethernet has been regarded 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 will be 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 nothing to make a fuss about. 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< At present, 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 have different expectations for Ethernet and 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.
ring the global financial crisis in 2007 / 08, the price of gold fluctuated sharply. In March 2008, the price of gold peaked at 1032, then plummeted to 680 in a few months, and then went all the way to the peak in 1920.
There are two relations between bitcash and bitcoin: bitcash is the bifurcated and competitive currency of bitcoin{ RRRRR}
Second, competitive currency. As the name suggests, they are two competing currencies. It is just like the competition of two kinds of homogeneous goods in the market, competing for market share. In the virtual digital currency market, the market share is so large that more people hold one kind of currency, the number of people holding another kind of currency will be relatively reced, forming a competitive relationship between you and me
in these two relationships, competitive currency is easier to understand, while forked currency is more difficult because it is a technical problem
is the relationship between the two currencies clear now
11. No voice in the world is louder than silence. If one can understand your silence, he will never misunderstand your language
12. Be sure to make yourself excellent, both physically and internally. At the same time, tell yourself, I change well, not to meet the right person; But let others know: it's not single that chooses me, but I choose to be single
13. I don't want to run today, so I go running. This is the way of thinking of long distance runners
14. Don't be depressed. Life is like an electrocardiogram. Plain sailing proves that you are dead
15. Before everything gets better, we always have to go through some unhappy days, which may be very long or just wake up. Sometimes, it takes courage to choose happiness
16. Before everything gets better, we always have to go through some unhappy days, which may be very long or just wake up. Sometimes, it takes courage to choose happiness
17. In life, there should be something to do and something not to do. Life is a kind of pursuit and continuation. Life is an endless relay race. Don't regret when you are alive, just like you can't let yesterday come back. Thank you for yesterday. All kinds of yesterday are experiences. Experience is not about success and failure, experience is not worth it or not
18. Occasionally I want to be alone without any interruption. I just want to empty myself and feel the beauty of life
19. All the surprises and good luck in the world are your accumulated character and kindness
20. More and more clear four words: human words are formidable. But more to understand the five words: people say what to fear
21. Life will get better when it is bad to a certain extent, because it can't be worse. After working hard, I know a lot of things. I stick to it and come here.
Mr. coin Wang is engaged in the development of digital asset blockchain system. If you need to develop a system, you can search "Mr. coin Wang" on the Internet for detailed communication.
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bitelement was born in January 2014 and upgraded to the second generation bitelement in September 2014, with an initial total release of 200 million. The second generation bitelement has made great innovations in algorithm, function and security, especially in mining and trading under the mechanism of multi signature and short message verification, providing effective security protection for users' virtual currency assets, which may be the first in the world<
multi signature:
the new bitcoin wallet introces the multi signature mechanism of bitcoin and redefines a new storage method, so as to achieve a higher security level. This is the core content of this update wallet, which makes payment and mining very safe
under the multi signature mechanism, a bit element address has two private keys. To transfer money from this address, the two private keys need to be co signed before the transaction can be completed. There is a private key in the client's bitelement wallet, and the second private key is stored in the server of bitelement official website (or other trusteeship organization) (only the user's password can be decrypted and can be used only by SMS verification). The hacker must attack the two computers at the same time and obtain the password used by the user to decrypt the server's private key, so as to steal the user's virtual currency, The difficulty is greatly increased -
bitcoin (bitcoin: bitcoin) is a kind of network virtual currency, which can buy real-life goods. It is characterized by decentralization, anonymity, and can only be used in the digital world. It does not belong to any country or financial institution, and is not subject to geographical restrictions. It can be exchanged anywhere in the world. Therefore, it is used as a money laundering tool by some criminals< br />