The relationship between Ethereum and digital currency

3.

In fact, Ethernet is an electronic virtual currency, which is regarded as "bitcoin version 2.0". The blockchain technology "Ethereum", which is different from bitcoin, is the real reason to win Putin's favor

Ethereum is an open-source public blockchain platform with smart contract function. It mainly provides decentralized virtual machine to process point-to-point contracts through its special encrypted currency Ethereum, which is fast and unlimited in quantity. In other words, it is a monetary payment system, but their functions and purposes are different

if bitcoin is considered to be a shared global book that securely records all bitcoin bills. Then Ethereum is to maintain a shared computing platform, which can flexibly and safely run any program users want. Because of this, many countries and enterprises are developing how to use Ethereum technology in the real world

the latest price of eth on btctrade platform of bitcoin trading network is ￥ 2430! The increase is amazing

blockchain Ethereum is widely used

at present, the application of Ethereum technology in Russia is still relatively positive. For example, veb, the state-owned Development Bank of Russia, began to apply Ethereum technology to some administrative functions last week, and Russian steel giants are also testing the application of Ethereum in the safe transfer of international letters of credit. Therefore, Putin believes that this virtual currency can help Russia diversify its economy and support the paving of the way by blockchain technology and the establishment of new businesses

not only Russia, JPMorgan Chase, Microsoft, Intel and others are optimistic about Ethereum technology. At the same time, Ethereum has also been paid close attention by some financial institutions, banking consortia, Samsung, IBM and other large companies, resulting in the simplification and automation of financial transactions, merchant loyalty index tracking, customer satisfaction index tracking, customer satisfaction index tracking, etc Blockchain applications such as gift cards are designed to achieve decentralization of electronic transactions. That's why the etheric currency is rising

the future of ether coin

of course, different from Ethernet, there are 670 bitcoin ATMs in the world, and thousands of outlets support bitcoin payment, but Ethernet has not yet emerged in the field of electronic payment. Mainly used to support the Ethereum network to run the program. Therefore, whether bitcoin will be recognized in the future is still unknown, but what Russian President Vladimir Putin has done may not be a signal

we have said before: it is still difficult to define bitcoin as currency, but it must be an asset, and I think Ethereum must be an asset. Although the application of blockchain technology is not yet mature, in a sense, it will be used sooner or later. After all, in the future era of big data, blockchain technology can better protect the efficiency and privacy of our information

this is why digital currency Ethereum is so popular

hope to adopt

4.

Bitcoin is not the only digital currency on the Internet. There are also ripple, stellar, litecoin, Ethereum and other digital currencies. Of course, the most popular is still bitcoin. But many times, some developers, entrepreneurs or enterprises will let us know that we need better digital currency. A programmer named Jed McCaleb, the father of electric donkeys, developed the reborn coin, which should be better than the bitcoin. Later, he launched the star coin, which is better than the reborn coin. What is more gratifying is that he is not fighting alone

now there is a trend that the instry hopes to develop a technology that enables all these online digital currencies to flow to each other, which means that you can transfer money freely in different online digital currency systems in the future. This technology is known as "interleaver protocol (ILP)", initiated by ripote. However, in recent months, that is, after the company released this idea, they also got the support of many famous companies in the instry, including Microsoft and the world wide web. Obviously, Ruibo currency company wants to set the technical standard of digital currency on the Internet. They want to develop a single global network, which can not only unify all digital currencies, but also unify all enterprises and indivials who use these digital currencies

"we want to be on a higher level and extract the differences between various digital currencies," said Stephen Thomas, chief technology officer of ripple. "We are trying to develop a global standard for payment."

with the launch of this agreement, we hope to enable more people to use online digital currency, expand the scope of use of online digital currency, and let us transfer funds more efficiently. This is actually the goal of many existing projects. For example, the original intention of the design of reborn currency and star currency is to allow users to transfer money to these two digital currency accounts in any currency, and to enable these two digital currencies to be converted into other currencies correspondingly. You can send bitcoin, and then the other party gets it. You can also send us dollars, and the other party will get dogecoin. However, for businesses and the developer community, there are restrictions on their use of these ledgers, so there are some problems because you can't transfer money from one payment network to another. Now, however, the interleaver agreement hopes to change that

to some extent, after ten years of efforts, they hope to develop a new network protocol, which is commonly known as "money Internet". If we go back to the early 1990s, we know that the famous Marc Andreessen founded the Netscape web browser. Now, the project hopes to play a similar role. They want to establish a standard way to send funds on the Internet. In fact, the original Hypertext Transfer Protocol (HTTP, which defined the basic standard of the network) contained code for payment. But this code has never been used. In recent years, many companies (such as coinbase, a bitcoin exchange, and stripe, a company that helps enterprises accept various online digital currencies) are at least trying to create a conventional standard for online digital currencies. In the future, we hope to be able to send and receive money online, just like sending short messages or e-mails. However, we still have a long way to go to this paradise, but at least now we are in the right direction

5. Ethereum has established a programmable and Turing complete blockchain. On this blockchain, you can realize the proction of all kinds of digital assets through a simple program, and you can also accurately control the status of the blockchain assets circulating on Ethereum by writing a program, such as whether the asset is to be paid or locked or has a quota, whether the account is a treasure list or a white list Ethereum and other digital assets, etc. At the same time, Ethereum is a programmable, flexible and complete blockchain network foundation. On this basis, we can realize more functional procts of non regional fast chain assets. For example, I use Ethereum to set up smart contracts, which can be applied in personal daily economic life and enterprise economic activities. Ethereum is a new and open blockchain platform based on the concept of blockchain and blockchain assets. It allows anyone to build and run decentralized applications on the platform by using blockchain technology. In short, Ethereum technology is blockchain technology plus smart contract.

6. All of them are deceiving. Many people have been cheated. Don't believe them. There is no free lunch, and there will be no pie in the sky

7. Now digital currency is a zero sum game, you put money in, I put money in, I take out more, you take out less, then I make money, earn your money, so simple.

8. Blockchain digital currency uses cryptography design to ensure the security of all aspects of currency circulation. The decentralized nature of P2P and the algorithm itself can ensure that it is impossible to artificially manipulate the value of money by making a large number of bits.

9. Etheric clown, the proper full name of cryptotown. Make a real blockchain pet development game, based on blockchain, which can never be changed: it is the most typical and important feature of digital collection. It's a non-standard digital currency (such as ethereal currency, each unit is equivalent, we call it standard digital currency). It represents the value of a currency, and with the owner's careful photos, the value will become higher and higher. If the owner has a new lover, he can sell it at any time to make money. All the above behaviors will be recorded in Ethereum, The host can clearly query all the above data information through the verification of the third-party platform. The gentleman is honest and upright, saying is the jester of ether. Smart contract part of the code, are open source, owners can view. Our goal is:
to make a real game, let players get a more comfortable experience, and combine with blockchain technology to ensure the interests of players,