Ethereum Valley chain

1.

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"

2.

Shenzhen Qianhai Ethereum blockchain Technology Co., Ltd. is a limited liability company incorporated in Shenzhen, Guangdong Province on June 19, 2018, with its registered address at Room 201, building a, No. 1, Qianwan 1st Road, Shenzhen Hong Kong cooperation zone, Qianhai, Shenzhen (settled in Shenzhen Qianhai business secretary Co., Ltd.)

the unified social credit code / registration number of Shenzhen Qianhai Ethereum blockchain Technology Co., Ltd. is 91440300ma5f6ge058, and the enterprise legal person is Fang Jiawen. At present, the enterprise is in business

Shenzhen Qianhai Ethereum blockchain Technology Co., Ltd., within the province, the current registered capital of the enterprise is general

view more information of Shenzhen Qianhai Ethereum blockchain Technology Co., Ltd. through network enterprise credit

3. Ethereum blockchain has exposed three major problems, and its founder vitalik buterin has been unable to interpret them for a long time. The first is the low performance and TPS of Ethereum blockchain as a whole; The second is that resources are not isolated. The event of cryptokitties virtual cat once occupied 20% of the traffic of the whole Ethereum, which directly caused Ethereum network users unable to carry out timely transactions, which is the biggest pain point of resources not isolated; The third problem lies in the embodiment of Ethereum's governance structure. As a decentralized distributed ledger, the founder team of Ethereum has dominated its network development in the past. The over centralized governance mode has led to the bifurcation of eth, etc and ETF in Ethereum, and the Ethereum community is now in a state of fragmented governance. In the view of Ma Haobo, founder and CEO of "aelf", all kinds of disadvantages of Ethereum are unacceptable. Therefore, the positioning of "aelf" is born for the next generation of decentralized underlying computing platform of Ethereum, which focuses on solving the problems of insufficient performance, non isolation of resources and governance structure of Ethereum.

4. Pyramid selling refers to the illegal act of organizers' development personnel to obtain wealth by developing personnel or requiring the personnel to be developed to pay a certain fee to obtain the qualification to join. The essence of MLM is "Ponzi scheme", that is to say, the money of later comers is distributed to the income of former comers
new type of MLM: no restrictions on personal freedom, no ID cards and mobile phones, no collective classes, but to use capital operation as a banner to pull people to cheat money, drive luxury cars, wear gold and silver, etc., attract your relatives and friends with money, and finally make you lose your money
you should be careful when paying dividends at all levels, 100% of them are
Q, someone has analyzed you.

5. Migration process outline

as of today (October 19, 2018), AE token exists on Ethereum blockchain. In order to migrate them to the aeternity blockchain in a secure and verifiable way, the AE team designed a process in which the migration is divided into four stages. The final phase will end on September 2, 2019

after each stage, there will be a scheled hard fork of the aeternity blockchain, which will migrate tokens and introce improvements and new features

to ensure the transparency and verifiability of this migration process, users will be able to migrate using dedicated smart contract settings. There will be a tool that anyone can use to verify:

1. Generation of accounts contained in the origin block of aeternity blockchain and corresponding accounts of Ethereum

2. Scheled migration balance

Genesis block and scheled hard fork

phase 0 is the migration phase before mainnet starts. Its start date will be announced separately. Genesis block is the first block in the aeternity blockchain, which will include all tokens migrated by users in phase 0. Each of the following three phases, lasting about three months, will end with a scheled hard fork of the day and night blockchain. This means that after mainnet starts, there will be three scheled hard bifurcations. Each hard fork migrates tokens and adds or extends the functions of the aeternity blockchain, which can only be realized through hard fork. This also means that users can only receive their tokens on aeternitymainnet, one of which ends and the fork is complete. All scheled hard forks will include new features and improvements to the aeternity protocol such as governance systems or new virtual machines. A detailed timetable for the future will be announced in a separate announcement.

6.

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

4. Take line 3, pass 4 stops, reach Huaxin station

5, walk about 360m, reach shengtingyuan hotel

7. Ethereum is also a proct of blockchain 2.0, which is an open intelligent contract complete solution. Bitcoin is the most important application of blockchain 1.0, which completes currency and payment transactions well. But when we need to record and transfer more complex asset types, we need the third step - a more powerful scripting system - to finally achieve Turing completeness (the ability to run any currency, protocol or blockchain). Ethereum is a blockchain based project, which aims to provide a Turing complete scripting language and Turing complete platform

blockchain 1.0 mainly refers to bitcoin. Blockchain 2.0 extends to all assets, while blockchain 3.0 goes beyond currency, finance, even commerce, and all areas of our lives, including politics, social relations, ecation, medical care, etc. According to the prediction and conception of people in the instry, the era of blockchain 3.0 will be realized in the next five years. At that time, blockchain will be recognized and accepted by all the public like the Internet, thus completely subverting our lives

McKinsey has submitted a technical report on blockchain to the Federal Insurance Advisory Committee of the United States. The report calls 2009-2016 the "Dark Age" and believes that all blockchain solutions ring this period are based on bitcoin, and the new era of blockchain will begin in 2016. At that time, the application of blockchain will become unprecedented. Applying an original sentence in McKinsey report: Based on the current development speed of blockchain, we believe that blockchain solutions may realize their full potential in the next five years.

8. At present, the well-known public chains include Ethereum, EOS, wikilink, Neo, halalchain, etc. the public chain project you mentioned is a new generation of DAG public chain serving the Muslim world. It has a promising application prospect and will be applied to Islamic financial procts and services, halal proct traceability, Tianke donation, property rights and heritage registration, cultural ecation and other fields.