As the second generation blockchain system, Ethereum provides a
just like bitcoin, Ethereum is neither controlled nor owned by anyone - it is an open source project created by many people around the world. Different from bitcoin protocol, Ethereum's design is very flexible and adaptable. It is very easy to create new applications on the Ethereum platform. With the release of homestead, anyone can use the applications on this platform safely
Ethereum is a programmable blockchain. It does not give users a series of preset operations, but allows users to create complex operations according to their own wishes. In this way, it can be used as a platform for many types of decentralized blockchain applications
in a narrow sense, Ethereum refers to a series of protocols that define a decentralized application platform. The core of Ethereum is Ethereum virtual machine (EVM), which can encode any complex algorithm. In computer science terminology, Ethereum is "Turing complete.". Developers can use the existing JavaScript and python as the model of other friendly programming languages to create applications running on the Ethereum simulator.
Ethereum is a new and open blockchain platform, which allows anyone to build and use decentralized applications running through blockchain technology in the platform. Like bitcoin, Ethereum is neither controlled nor owned by anyone - it's an open source project created by many people around the world
Different from bitcoin protocol, Ethereum is very flexible and adaptable. It's very easy to create new applications on the Ethereum platform. Anyone can use the applications on the platform safely 
Ethereum is a programmable blockchain. It does not give users a series of preset operations (such as bitcoin trading), but allows users to create complex operations according to their own wishes. In this way, it can be used as a platform for many types of decentralized blockchain applications, including but not limited to cryptocurrency
in a narrow sense, Ethereum refers to a series of protocols that define a decentralized application platform. The core of Ethereum is Ethereum virtual machine (EVM), which can encode any complex algorithm. In computer science terminology, Ethereum is "Turing complete.". Developers can use the existing JavaScript and python as the model of other friendly programming languages to create applications running on the Ethereum simulator
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"
this massive parallel operation throughout the Ethernet network is not to make the operation more efficient. In fact, this process makes computing on Ethereum slower and more expensive than on traditional computers. However, each Ethereum node runs Ethereum virtual machine in order to maintain the consistency of the whole blockchain. The consistency of decentralization makes Ethereum have high fault tolerance, zero downtime, and can keep the data stored on the blockchain unchanged and anti censorship
Ethereum platform has no characteristics and value. Like programming languages, it's up to entrepreneurs and developers to decide what to use. However, it is clear that some application types benefit more from the functions of Ethereum than others. Ethereum is especially suitable for those applications that automatically interact directly between points or promote group coordination activities across networks
for example, coordinate the application of point-to-point market, or the automation of complex financial contracts. Bitcoin enables indivials to exchange money without the help of financial institutions, banks or governments. The impact of Ethereum may be more profound
in theory, any complex financial activities or transactions can be automatically and reliably carried out on Ethereum with coding. In addition to financial applications, any application scenario with high requirements for trust, security and persistence, such as asset registration, voting, management and Internet of things, will be affected by Ethereum platform on a large scale
Blockchain includes public blockchain, joint (instry) blockchain and private blockchain. Public chain point-to-point e-cash system: bitcoin, smart contract and decentralized application platform: Ethereum
blockchain is a new application mode of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other computer technologies
blockchain is an important concept of bitcoin. In essence, it is a decentralized database. At the same time, as the underlying technology of bitcoin, it is a series of data blocks generated by using cryptographic methods. Each data block contains a batch of bitcoin network transaction information, Used to verify the validity of its information (anti-counterfeiting) and generate the next block
extended data
according to the different degree of blockchain network centralization, three kinds of blockchains under different application scenarios are differentiated:
1. The blockchain with the whole network open and without user authorization mechanism is called public chain
2. The authorized nodes are allowed to join the network, and the information can be viewed according to the authority. It is often used in the inter agency blockchain, which is called alliance chain or instry chain
3. All the nodes in the network are in the hands of one organization, which is called private chain
alliance chain and private chain are also called licensing chain, and public chain is called non licensing chain
blockchain features
1, decentralization. Blockchain technology does not rely on additional third-party management institutions or hardware facilities, and there is no central control. In addition to the self-contained blockchain itself, each node realizes information self verification, transmission and management through distributed accounting and storage. Decentralization is the most prominent and essential feature of blockchain
2. Openness. Blockchain technology is based on open source. In addition to the private information of all parties involved in the transaction is encrypted, the data of blockchain is open to everyone. Anyone can query blockchain data and develop related applications through the open interface, so the information of the whole system is highly transparent
3. Independence. Based on consensus specifications and Protocols (similar to various mathematical algorithms such as hash algorithm used by bitcoin), the whole blockchain system does not rely on other third parties, and all nodes can automatically and safely verify and exchange data in the system without any human intervention
4. Safety. As long as 51% of all data nodes cannot be controlled, the network data cannot be arbitrarily manipulated and modified, which makes the blockchain itself relatively safe and avoids subjective and artificial data changes
5. Anonymity. Unless there are legal requirements, technically speaking, the identity information of each block node does not need to be disclosed or verified, and the information can be transferred anonymously
although the pow mining mechanism is adopted, the block out mechanism of Ethereum is different from that of bitcoin. Due to the short block time of Ethereum, Ethereum is easy to form isolated blocks. Isolated blocks refer to the blocks that are not on the longest chain. Bitcoin's isolated blocks have no block rewards, but in Ethereum, isolated blocks can be referenced. The referenced isolated blocks are called "Uncle blocks", and their packaged data will also be recorded in the blockchain. Unlike bitcoin, Ethereum's TERT block has a reward, and each TERT block can get a reward of 4.375 Ethernet coins at most
Ethereum is a programmable and Turing complete blockchain development platform, which is equivalent to a decentralized global computer. In a programming system, there are usually some virtual machines to compile and execute. Java has JVM. In Ethereum, there is also Ethereum's virtual machine EVM, which can execute any complex algorithm code. Developers can use existing programming languages such as JavaScript or Python to create their own applications on Ethereum. Through Ethereum's virtual machine, you can easily issue digital assets, write smart contracts, set up and run decentralized applications, and set up decentralized autonomous organizations
eth is also known as the internal fuel of Ethereum. Unlike currency digital assets, Ethereum is not only used for transfer, but also for payment of smart contracts
in order to prevent the Ethereum blockchain from being full of junk contracts and junk applications, and to establish and run smart contracts on Ethereum, you must use eth to pay for smart contracts. For example, when you transfer your newly created digital assets on the Ethereum blockchain, you need to use eth to pay the handling fee instead of your newly created digital assets.
bitcoin is a typical blockchain system, which can be studied carefully
Blockchain platforms include Ethereum, Asch and other underlying application development platforms
Ethereum, an open source public blockchain platform with smart contract function, provides decentralized Ethereum virtual machine to process point-to-point contract through its special cryptocurrency ether (ETH)
arch, a decentralized application platform based on side chain technology. Asch is designed to lower the threshold of developers, such as using JavaScript as the application programming language and supporting relational database to store transaction data, which is believed to be very attractive to developers and small and medium-sized enterprises
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in 2008, Nakamoto first proposed the concept of blockchain. In the following years, blockchain has become the core component of electronic currency bitcoin: public account book for all transactions
by using peer-to-peer network and distributed timestamp server, the blockchain database can be managed independently. The blockchain invented for bitcoin makes it the first digital currency to solve the problem of repeated consumption. Bitcoin's design is a source of inspiration for other applications
bitcoin is the absolute mainstream of digital currency, and digital currency is in full bloom. Bitcoin, litecoin, dogecoin, dashcoin are common. In addition to currency application, there are various derivative applications, such as Ethereum, Asch and other underlying application development platforms, as well as NXT, SIA, bitstocks, maidsafe, ripple and other instrial applications
how many stages is the blockchain divided into&# 8194;
there are 1.0, 2.0 and 3.0 blockchains, and the digital currency dominated by bitcoin is blockchain 1.0; The smart contract platform centered on Ethernet is blockchain 2.0; The application scenario and platform of high-performance blockchain is blockchain 3.0. The simple conclusion is that 1.0 is mining and currency speculation; 2.0 is ICO and currency; 3.0 is the implementation of the project. The real landing projects are still far away from us. Most projects take stage 2.0 as the entry point of instry solutions. The combination of blockchain and instry enables blockchain to be applied in a certain instry&# 8194;
how to be a qualified blockchain project&# 8194; potential blockchain projects have different evaluation standards and different periods. The main reason for the outbreak of digital currency in 2017 is the promotion of ICO and Ethernet smart contract. In the past, projects that could meet these two conditions were considered good. Now, the measurement standard of projects is: & (1) There are application scenarios. The project itself has team, goal and real scene application. Because some teams or enterprises are not suitable for blockchain applications, it is a rather crude way to establish a connection between them&# 8194;&# 8194;&# 8194;&# 8194;&# 8194; (2) the multi parties involved in the blockchain can generate transactions (3) blockchain has a large number of communities and users. In conclusion, good blockchain projects can be applied refer to the case of Henan keoo Information Technology Co., Ltd
The hottest things this year are "bitcoin", "Ethereum" and all kinds of cryptocurrencies, so hot that even aunts and uncles are about to start talking about them. It is no exaggeration to say that 2017 is the first year of the development of cryptocurrency and blockchain technology
as the underlying technology behind bitcoin, the concept of blockchain has only been mentioned in the past two or three years, although as early as 2009, "Nakamoto Tsung" released bitcoin. After this wave of digital currency boom, the concept of blockchain technology has really entered the eyes of all walks of life. I'm afraid it's too early to mention the wide application of blockchain technology, which is still in a very early stage of development. However, e to the arrival of the boom, many technicians and teams have contributed their efforts to build some blockchain concept projects“ Needless to say, as the first application of blockchain technology, bitcoin of "Zhongben cong" has realized the function of distributed ledger, which can realize the first decentralized value transmission of human beings. It can be said that it is "blockchain 1.0". Then Ethereum invented the smart contract, which extended the function of blockchain technology to build applications. It is well deserved to be defined as "blockchain 2.0". However, the blockchain concept projects that came out later did not realize this leap forward role, but only improved to a certain extent at the application level, so they can not be called "blockchain 3.0"
so what is "blockchain 3.0"? Maybe bitcoin OS is the answer: an operation system that is completely based on blockchain technology and follows the concept of blockchain technology. In the 1980s, before Microsoft released the windows operating system, personal computers and Internet technology were still in a non systematic state and could not be popularized. After the release, personal computers were allowed to enter ordinary people's homes, making PC and Internet universal application procts. Recently, bitcoin OS team announced the implementation of the bifurcations of bitcoin and Ethereum on Christmas day, so as to officially publish the plan of developing blockchain OS
anyone who knows a little bit about blockchain technology knows that bitcoin solves the problem of account book, while Ethereum is a smart contract to realize application expansion. Later, a team will launch a distributed storage project. But these systems with only a single functional mole are not "operating systems". The traditional definition of operating system is a huge management and control program, which includes five management functions: process and processor management, job management, storage management, device management and file management. In fact, the OS based on blockchain does not need to change all the five functional blocks into distributed ones, as long as the parts related to the external transmission of value and information can be decentralized and distributed. Therefore, the blockchain operating system should have at least three functions of "account system management, computing resource management and storage resource management", which can realize distributed ledger, edge computing and edge storage. Although it is still too early to define the instry standard in this way, bitcoin OS team is committed to realizing the blockchain OS possessed by these three functional blocks first, and then improving it through iteration
according to the bitcoin OS team, the name "bitcoin OS" is actually "blockchain OS", which is named after "bitcoin", which is also a tribute to the inventor "Satoshi Nakamoto". At present, from the technical details given by the bitcoin OS team, we may be able to see some aspects of this "blockchain 3.0" project
firstly, the management function of the account book system supports locating the ownership of resources according to the account ID, such as the private key; Computing resource management can obtain corresponding computing resources according to the demand, support edge computing, and share distributed computing power. In addition, storage resource management can use storage resources according to the demand, and support edge storage. Compared with bitcoin OS, Ethereum only supports account system and smart contract, which can not meet the distribution of distributed computing tasks. Ethereum only supports the fair execution of contract code, let alone the management of storage resources. So Ethereum is only a custom calculator
in addition, it is worth mentioning that bitcoin OS self customized enhanced smart contract. It supports two modes, which are more flexible and efficient
1. Central computing mode: the outgoing node is responsible for executing the smart contract, and both the incoming parameters and the output results support sipfs to be stored in the storage node
Distributed computing mode: ordinary nodes can claim computing tasks, input parameters and output results support sipfs storage to storage nodesfinally, we also need to mention the built-in sipfs super interstellar file system of bitcoin OS. Sipfs can realize the decentralized storage of technical input parameters and output parameters. At the same time, the file has a life cycle, and the DNA description of the file descriptor is recorded on the blockchain. The file descriptor of sipfs does not exist on the blockchain, but it will be stored in a separate file descriptor data file. After the end of the file life cycle, the blockchain will automatically delete the file descriptor, Realize the intelligent slimming of blockchain
"blockchain 3.0" is worth looking forward to, and bitcoin OS team, as the vanguard, is worth paying attention to and encouraging. We are looking forward to the real blockchain operating system
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.