Compare the market of Ethereum
however, bitcoin is not the only cryptocurrency with rising value. The value of another cryptocurrency called Ethereum has been increasing since January 2017. From $8.24 to $203. Up 2367%
investors are worried that in the past few years, cryptocurrencies have gained the favor of many investors who are looking for other investment methods than traditional ones. Although most investors still invest their money in traditional financial markets, such as the stock market and foreign exchange market, many of these investors have begun to worry about the economic climate of the world economy
recent events have made us aware of the instability of traditional financial markets such as the stock market and foreign exchange market. Many investors have been looking for other ways to invest their money
with the creation and popularization of cryptocurrency and its rapidly rising value, many investors, especially those from Asia, have joined the trend of bitcoin and cryptocurrency
advantages of Ethereum
although many people are more familiar with it, Ethereum has also gained a fair share of the market with its own value. However, there are key differences between the blockchains used by Ethereum and bitcoin
the difference between the two systems is that Ethereum's data processing speed is faster than that of bitcoin, because once agreed, Ethereum's system will automatically apply to the terms and conditions in the contract
although many people may think that Ethereum may be inferior to bitcoin because its value is lower than bitcoin, this is a good thing for investors who are looking for investment channels other than bitcoin. A lower price may attract more investors because it has more room for growth. The only drawback is that Ethereum is not as established as bitcoin. In view of this, bitcoin is more secure than Ethereum<
not as volatile as before
since bitcoin was founded in 2009, cryptocurrencies have made great achievements, and they have continued to grow. In fact, the value of legal cryptocurrency has risen a lot since then
although cryptocurrencies have performed very well this year, analysts expect that when the economic situation is good, investors will leave cryptocurrencies and return to traditional investment media. When this happens, the volatility of cryptocurrency will decrease because of the decrease of demand
of course, we will still see the growth of cryptocurrency in the next few years, which will help the instry remain strong. When that happens, it's a good idea for investors to hold cryptocurrencies for future growth.
as of August 23, 2019, Ethereum price: the highest price in 24 hours is ￥ 1922.07 ≈ 0.0365btc, the lowest price in 24 hours is ￥ 1876.36 ≈ 0.0356btc, the highest price in history is ￥ 10047.07 ≈ 0.1906btc, and the lowest price in history is ￥ 2.95 ≈ 0.0001btc 2. Turnover of the exchange: 5.944 billion, 0.62%, 24 hours up and down precautions: 1. The co founders of Ethereum believe that competition will be positive, and the world absolutely needs to see that indivial freedom is respected, and that they can freely access global IT tools. The data of these tools are not controlled by companies or companies that can use digital transformation to increase data
The price of eth is probably going up today
Ethereum is an open source public blockchain platform with smart contract function, which provides decentralized Ethereum virtual machine to process point-to-point contract through its special cryptocurrency ether (ETH)
the Ethernet system is the most widely used public blockchain system supporting complete application development. Compared with bitcoin, Ethereum belongs to the category of blockchain 2.0, which is a new blockchain system designed to solve some problems of bitcoin network. The design of bitcoin is only suitable for the scenario of encrypted digital currency, it does not have Turing completeness, and it lacks the concept of saving the real-time status of the account. Moreover, it has the problems of efficiency and resource waste caused by POW mechanism. Bitcoin's blockchain network has the defect of insufficient scalability
Yingtai Digital Theory: after the implementation of digital currency, it will coexist with banknotes and coins for a long time. Whether it can completely replace banknotes and coins in the future is still unclear
of course, with the implementation and graal maturity of digital currency, the use of digital currency will be more and more, and the use of banknotes and coins will be less and less. These banknotes and coins will slowly enter commercial banks through residents' storage or exchange of digital currency, and then commercial banks can use them to exchange digital currency with the central bank