Comparison between decentralized autonomous organization and com
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about the variability of blockchain
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eth, if most people agree to modify the chain, that is, variability, then they can modify the blockchain records and contracts
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etc, blockchain records and contracts can't be modified, that is, they can't be tampered with
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here are the advantages and disadvantages of the two methods
The advantage of -
variability is that people can make timely changes to make the right decisions. Therefore, modifying the specification is more practical than finding loopholes
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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
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differences in development
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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
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etc, the decision-making of blockchain is mainly decided by the feedback of three loose, collaborative teams with community participation
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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
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about compatibility
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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
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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
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etc focuses on making developers create more secure contracts, such as viper, iohk research, at the cost of consuming the number of potential developers
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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
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about the transaction speed
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eth, the average is 25 seconds, which will be shortened after upgrading
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etc, with an average time of 14 seconds, maintained at 10-14 seconds after upgrade, according to ecip-1010 and ecip-1036 protocols
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about the block capacity
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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
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
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about community
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eth, mainly discuss on reddit
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etc, mainly discuss on slack
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about monetary policy
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eth, the planned supply is growing steadily, resulting in an average inflation of 3% in eth blockchain in its life cycle
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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 -
etc owns etc trading trust, which allows investors to own etc instead of the asset itself
1. Different network architectures:
decentralized application (DAPP) runs on the distributed network, the information of participants is protected (or anonymous), and the decentralized operation is carried out through different people in the network nodes. Distributed network is made up of node computers which are distributed in different places and have multiple terminals. When any line in the network fails, the communication can be completed through other links, which has high reliability
traditional app needs services provided by third-party service providers, and can achieve wireless network access through mobile communication network, which belongs to the centralized network architecture mode
2. Different from open source:
DAPP applications must be open source. Most of the tokens issued by DAPP run independently rather than controlled by an entity. All data and records must be encrypted and stored on a public and decentralized blockchain
traditional app software, games, navigation and other applications are generally provided by third-party service providers, which should solve the problems of right protection and economic interests, and their programs are not open source
extended data
in 2018, a large number of new DAPP projects were launched. According to the statistics, there are about two or three thousand dapps in the whole network. According to the DAPP survey of fluence labs, 72% of DAPP projects were launched in 2018. This means that in the past year, the number of dapps in the whole network has more than tripled
of all dapps, more than 80% are developed on Ethereum, about 20% on EOS and less than 10% on Tron. It is worth noting that about 10% of the projects are developed on multiple main chains at the same time, while the number of dapps developed on other main chains is relatively rare
there are about ten projects based on gxchain, mainly small applications in block city
