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Benefits of decentralized grid application

Publish: 2021-04-25 11:06:36
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.

what is Ethereum:

Ethereum is an innovation based on the application of technologies and concepts in bitcoin to computers. Ethereum itself imitates a lot of bitcoin technology to maintain the computer platform. Blockchain technology is one of them
Ethereum platform can safely run any program users want

advantages of Ethereum over other competitive currencies before Ethereum appeared, some digital currencies imitated bitcoin. However, these projects have their own shortcomings, they can only support one or several specific applications at the same time< However, the reason why Ethereum can surpass the limitations of these projects in the past is because of the core idea of Ethereum

what Ethereum wants to implement is a blockchain protocol with built-in programming language. Since it supports programming language, in theory, any blockchain application can be defined with this language, and then run on Ethereum's blockchain protocol as an application

The design of Ethereum is very flexible and adaptable

Ethereum target sets the advantages of blockchain technology, in order to add the advantages of blockchain, such as decentralization, openness and security, to almost all computing fields

blockchain applications of Ethereum

Ethereum has many blockchain applications, such as digital applications of gold and stocks, financial derivatives applications, DNS and digital authentication, etc

Ethereum has achieved more than 100 blockchain applications by many start-ups

Ethereum has also been closely watched by some financial institutions, banking consortia (such as R3), as well as large companies like Samsung, Deloitte, RWE and IBM. As a result, a number of blockchain applications such as simplified and automated financial transactions, merchant loyalty index tracking, and gift cards designed to achieve decentralization of electronic transactions have emerged

the relationship between Ethereum and blockchain:

Ethereum is a programmable blockchain

Ethereum does not give users a series of preset operations (such as bitcoin transaction), but allows users to create complex operations according to their own wishes

in this way, Ethereum can be used as a platform for various types of decentralized blockchain applications, including but not limited to cryptocurrency

like other blockchains, Ethereum also has a peer-to-peer network protocol. Ethereum blockchain database is maintained and updated by many nodes connected to the network. Each network node runs the Ethereum simulator and executes the same instructions. Therefore, people sometimes call Ethereum "world computer"

3. GBK
Ethereum is an open source public blockchain platform with smart contract function, which provides decentralized virtual machine (Ethereum virtual machine) to process point-to-point contract through its special cryptocurrency Ethereum. The concept of Ethereum was first inspired by bitcoin by vitalik buterin, a programmer, between 2013 and 2014, and now it's 2.0. Ethereum 2.0 is also something that the whole coin circle is waiting for. In order to celebrate the birth of the genesis block of eth2.0 on December 1, chinacoin officially supports the exchange of eth2.0 verification nodes at 17:00 Hong Kong time on November 20, 2020. It will invest its own eth in the verification node mining and exchange qeth to obtain liquidity. It will participate in the mining as soon as the exchange is received. Now it will give back to the user's welfare. The top 1000 eth enjoy the over exchange of qeth according to the ratio of 1:1.02. Compared with eth2.0, qeth has too many advantages: liquidity is guaranteed, users do not need to bear the technical cost, the threshold of participation does not need 32 eth, as low as 0.1eth, nodes are maintained by the platform, and the revenue is distributed according to eth2.0< br /> < br /> < br /> 
4. At 5 o'clock this morning, when we were still sleeping, bitcoin rose sharply to US $5300, accompanied by the rapid rise of the leading currencies. After the rapid rise, bitcoin fell sharply. When it fell to US $4700, it quickly returned to US $4900-5000 and stabilized, then the leading currencies also followed bitcoin.
5. It is an open source application that runs automatically, stores its data on the blockchain, motivates it in the form of password token, and operates with protocols that show valuable proof.
6. The DAPP front-end services provided by HNB include but are not limited to: community governance, auction system, business promotion, OTC / C2C transaction, decentralized currency transaction, community activities, bulletin board, asset management, etc.
7. Now many organizations and institutions are studying the application of blockchain, but what kind of blockchain application is a good blockchain application? Let me sum up. If a successful blockchain application or decentralized application wants to be more universal, it should at least meet the following requirements. 1) As an excellent application, whether it is centralized or decentralized, it needs to have strong multi-user support capability. If decentralized applications want to be accepted by mainstream users, they must at least have the ability to support millions of people, so decentralized applications need to have enough capacity expansion. For example, the well-known applications such as Facebook, Uber and wechat must have the technology to handle tens of millions of daily active users, otherwise the application can't work normally, how can it be called an excellent application. The same is true for blockchain applications. The future application scenarios, whether payment transactions or social applications, need to have the ability to support a large number of users. It is very important to have a platform that can handle a large number of users. Now the number of users of blockchain applications is relatively small, so which application has strong scalability is an important part of future development. 2) Free application experience (users can not be forced to pay to use) the entire application platform or operating system, need to have the ability to support the application of this platform to develop free application software, need to provide a good user experience for users Even if there are many benefits of decentralized application services, users cannot be forced to pay for them.) Many times, application developers should flexibly provide free services to users. When users can use the platform without spending money, the number of applications developed on this platform is bound to grow. At the same time, the free block chain platform will naturally get more users' attention. When there are enough users, developers and related enterprises can create more profit models. 3) Simple and convenient system update capability (system update freedom and bug repair) the entire blockchain application and operation platform should provide enough freedom for participating developers. Update the decentralized application at the right time according to their ideas and needs If there is a bug in the application that needs to be solved, the developer should not affect the whole underlying operating system when repairing it. In addition, block chain based applications need to support software upgrade when they iterate. When the underlying platform of blockchain encounters a bug, it should have the ability to repair the error from the bug. 4) Low latency blockchain applications or decentralized applications should not only have the ability to run smoothly, but also have very low latency. For example, the speed of opening a website is very slow, and it takes several seconds. In this era of rapid consumption, users often have no patience to wait, at least it affects their mood and experience. The longer the delay time, the more user experience will be affected, and the decline of user experience will seriously affect and rece the market competitiveness of the application It's very easy to understand. If you open a web page very slowly, will you bother? 5) powerful serial performance. A good blockchain application should choose whether to focus more on serial capability or parallel capability according to specific application scenarios. For example, applications such as exchanges often need to handle a large number of serial operations. In this scenario, a good blockchain architecture needs to have strong serial performance, supplemented by intelligent parallel processing capability. Another example is that you need to transfer one purchase to another to avoid double spending. That is, if you take bitcoin and pay for things at the same time, one family may not receive money. Here is also to have a strong serial performance. 6) The intelligent parallel performance blockchain application operation platform should have the ability to make the decentralized applications based on it run synchronously, which can reasonably allocate the amount of computation and save time. Moreover, large-scale applications also need to divide the workload between multiple CPUs and computers
if you look at Aqua hydrogen oxygen project again, because its main website is not yet online, what I see here on the official website is more about the relationship between its investment and partners, and the noble background of the team. I believe in their strength, but when I investigate that Taotao class is also theirs, I want to ask how many people in this company have done a lot of things. But looking at the logic of doing things, I think there should be potential, but it will take time to verify
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