Ethereum's current greed index

1. 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.

2.

1. about the variability of blockchain

2. eth, if most people agree to modify the chain, that is, variability, then they can modify the blockchain records and contracts

3. etc, blockchain records and contracts can't be modified, that is, they can't be tampered with

4. here are the advantages and disadvantages of the two methods

   The advantage of

5. variability is that people can make timely changes to make the right decisions. Therefore, modifying the specification is more practical than finding loopholes

6. non modifiability means that no matter how smart people are at that time, it is impossible not to make mistakes. Therefore, when problems arise in this scheme, it is best to find and solve the loopholes through the existing legal framework

7. differences in development

8. eth, whether it is intentionally arranged or since its birth, the core decisions of blockchain are made by Ethereum foundation with the participation of the community and most of them are developed by it

9. etc, the decision-making of blockchain is mainly decided by the feedback of three loose, collaborative teams with community participation

10. in any case, anyone can put forward improvement suggestions for the two kinds of blockchains. This is the benefit of open source, and it is also very common. You will find that developers of the two chains communicate with each other through GitHub and reddit. I hope to improve the frequency of communication in order to achieve the common goal

11. about compatibility

12. at present, the two kinds of blockchains are compatible with each other. Contracts or applications written by eth can be applied on etc, and vice versa

13. eth, focusing on ewasm, is committed to providing a platform for more and more developers, while the issue of contract security is secondary, such as viper

14. etc focuses on making developers create more secure contracts, such as viper, iohk research, at the cost of consuming the number of potential developers

15. it's obvious that both chains can accept each other, regardless of whether their wishes are the same or not. My view is that the number of developers is not necessarily related to the quality of the proct

16. about the transaction speed

17. eth, the average is 25 seconds, which will be shortened after upgrading

18. etc, with an average time of 14 seconds, maintained at 10-14 seconds after upgrade, according to ecip-1010 and ecip-1036 protocols

19. about the block capacity

20. eth, with the daily trading volume of eth graally reaching 5 million, the block capacity is graally saturated. This situation is similar to the recent transaction cost of bitcoin. This problem can be solved by expanding the block capacity by increasing the default fuel limit

21. ETC­， At present, there is still a lot of room for block capacity. As more and more people accept etc, the block capacity will also increase, just like eth

22. about community

23. eth, mainly discuss on reddit

24. etc, mainly discuss on slack

25. about monetary policy

26. eth, the planned supply is growing steadily, resulting in an average inflation of 3% in eth blockchain in its life cycle

27. etc, before 2025, inflation will reach 3%, and then the total supply will reach 200 million etc, and then there will be deflation

    As for the regional distribution of trading volume, China accounts for 20%, South Korea 25% and the United States 25%
    In etc, China accounts for 50%, South Korea 25% and the United States 10%
    About securities, at present, investors do not have the option to trade securities. Recently, one of eth's ETFs, trading open-end index funds, was denied by the regulators

28. etc owns etc trading trust, which allows investors to own etc instead of the asset itself

3.

First of all, we need to understand what is MLM:

MLM refers to the illegal behavior of organizers and development personnel to obtain wealth by calculating and paying remuneration to the developed personnel based on the number or performance of the personnel directly or indirectly developed, or requiring the developed personnel to pay certain fees 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

However, the new type of MLM does not restrict personal freedom, does not accept ID cards and mobile phones, and does not take classes collectively. Instead, it uses capital operation as a banner to pull people to cheat money, drives luxury cars, wears gold and silver, and uses money to attract your relatives and friends to join in, and finally makes you lose all your money

then judge whether the ether coin is a kind of MLM, whether you need membership fee, whether you need to ask your relatives and friends to join

extended materials:

Ethereum is an underlying technology platform on which developers can create distributed applications. With the application, there will be transactions. With a transaction, you need money to complete the transaction. In this way, money has value, and investors' investment has a return. If the transaction volume on the platform is larger and larger, the demand for money will be higher and higher, and the money will be more and more valuable

from the perspective of image, bitcoin creates a kind of digital gold, while Ethereum creates a country, and Ethereum is the credit currency of the country

after bitcoin, there are thousands of digital virtual currencies in the world, many of which are completely deceptive in the guise of "digital currency". Previously, Haikou Municipal Public Security cracked down on a pyramid selling organization called "Eurasian currency", which operated on the internet pyramid selling platform, making more than 40000 investors cheated, involving 4.06 billion yuan. The field of virtual currency has just started, so we need to be cautious

resources : Ethernet money network

4.

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

5. Although the usdt is currently a global index of 7.159, the non trumpet shows that the turnover rate is as high as 316.52% with an increase of 0 in 24h.

6.

CNN fear and greed index is also called VIX Index. Panic index = CBOE volatility index

because market participants are more willing to avoid risks when the index falls than when the index rises. Therefore, when the index falls, the hedging demand for buying put options will increase, and at the same time, it also pushes up the implied volatility of deep out of price put options. VIX reflects the views of option market participants on the degree of market volatility, so it is often used to judge the adverse trend index of market long short

extended data

from the past trend, the panic index to a certain extent reflects the market's expectation of future stock market "volatility". As a result, when the stock market falls sharply under the influence of bad news, the panic index (i.e. expected volatility) will rise rapidly

however, if the daily comparison is made, it is impossible to completely correspond to the daily trend of the stock market and the trend of the panic index on that day, because logically speaking, there is no need to completely correspond between the two, so the phenomenon of "sometimes there is a big difference between the rise and fall of the stock market and the trend of the panic index" will appear

7.

CNN fear and greed index is also known as "VIX Index"

1. The full name of VIX is the Chicago Board Options Exchange Volatility Index, which is used to measure S & amp; The expected annualized volatility of the P 500 index in the next 30 days, usually using S & amp; The price of call / put options in recent months and adjacent months of the P 500 index is calculated

VIX is based on the implied volatility of options. In options trading, the implied volatility usually represents the expectation of the future risk degree of the market, so VIX is often regarded as the wind vane leading the market. A high VIX market often means the spread of panic, so VIX is also called "panic index" overseas

8. Panic index refers to the time when the crash, greed index is up crazy

9. It must be idle money, investment is risky, and it must be guaranteed that your investment loss will not affect your daily life. Do not operate in full position, and the position should not exceed 50%. Maintain a good attitude, establish their own operating system, the pursuit of stable operating style, risk control as the first premise, to earn their own profits. 1、 Choose your own mode of operation 1. Long term investment: suitable for investors who don't have time to pay attention to the market. Generally, long term refers to the holding time calculated by years. 2. Midline Investment: suitable for investors who pay less attention to the market time. Generally, midline refers to the holding time calculated in months. 3. Short term investment: suitable for investors who pay more attention to the market time. Generally, short term refers to the holding time calculated in weeks or days. 2、 Trend investment 1. We suggest that investors follow the trend to invest, not against the trend. 2. The principle of Trend Investment: when rising, don't measure the top, when falling, don't measure the bottom. The top and bottom are all coming out, not predicted. 3. Mattel effect: when the trend is formed, there will be strong and weak. At present, gold investment can be divided into two categories: one is physical gold trading, including gold bars, gold coins, gold jewelry, etc; The other is the so-called paper gold, that is, gold trading without physical gold intervention. At present, Bank of China, ICBC, CCB and other banks have paper gold business. Paper gold has the potential of high risk and high yield, the current investment group is large. Gold speculation skills: first, investment and financial management should be closely combined with their own financial situation and financial style, that is to say, the purpose of personal gold speculation must be clear, you invest in gold, the intention is to earn a price difference in the short term? Or as a low-risk component of personal comprehensive financial management, is it intended to hedge risks and maintain and increase value in the long run? For most non professional gold speculators, the latter purpose accounts for the majority, so it may be more appropriate to speculate in the medium and long term. They should focus on the trend of gold price, choose a suitable buying point to intervene in the gold market and make medium and long-term investment. Rich families with more spare money can choose to invest in physical gold and make full use of its function of value preservation and risk avoidance to reserve gold for their families. And the financiers who are keen to fight in and out of the financial market and make profits from investment can choose gold voucher trading. If such financiers can better grasp the stock market, they can move similar skills to the gold market, and then spend a certain amount of time and energy to pay attention to and analyze the international economic and political situation, they can boldly enter the gold T + D trading market. Second, gold investment should consider exchange rate changes, oil prices and international situation. These are the three major factors that affect the long-term trend of gold price. The trend of gold price is generally opposite to that of US dollar. When US dollar depreciates, gold price tends to rise, and vice versa; The price of gold changes in the same direction as the international oil price. Generally, the price of oil rises, the price of gold rises, the price of oil falls, and the price of gold falls; Gold is also a means to prevent war and other natural and man-made disasters, so when the international political situation is tense, people tend to invest in gold. At present, the biggest international political factor affecting the gold price is the development of the situation in Iran. Third, it's better to buy the lead to rise than to buy the lead to fall. T + D pursues the high and kills the low. Gold trading, like stock and foreign exchange trading, should abide by this principle. In the process of price rise, every moment of buying behavior should be said to be correct, only one point should not be bought, that is, when the gold price rises to the top and turns. The main purpose of this theory is to remind investors that in the spot trading of gold, they should not pay one-sided attention to the price level, and ignore the trend of whether the gold price is in a big bear or bull. When making t + D short investment (i.e. buying or falling), we should also pay attention to the curve of change. Generally speaking, t + D investment is suitable to catch up with the high and kill the low

10. Facebook has 2.7 billion users, two to three times as many as Tencent users

2. Phase I unites visa, MasterCard,... PayPal, Uber and other enterprises to form a founding node

3. In the future, it can support all multinational companies to settle in, become super nodes, combine virtual with real, and form a super, cross-border, non-traditional financial institutions led new business environment including finance< 4. Currency name: Libra. Core objectives: I. no borders; 2. There is no handling charge

5. The white paper is in force and Libra will be available in 2020

-- why dimension rection

when multinational companies join the system and become super nodes, they will surely enjoy the right to issue Libra with assets as collateral

for example, assuming ExxonMobil has $100 billion in high-quality physical assets, it can theoretically issue $100 billion worth of Libra. In the traditional financial system, ExxonMobil can only borrow $100 billion with these real assets as collateral. Issuance means zero cost acquisition, reinvestment means no risk, loan means repayment of principal and interest, and will carry heavy shackles

that is to say, if the Facebook system is really accepted by the global multinational companies (200 multinational companies control the global economy), then all the comparative advantages of made in China will become indifferent. Because the former can use the released Libra to complete its own intelligent transformation, making the proction system of multinational companies fully intelligent. This kind of full intelligent proction system based on zero debt, intelligent machine procing intelligent machine will be able to crush all the advantages of human cost. It will be able to squeeze the medium quality made in China out of the market. As long as Libra goes online, it's easy for multinationals to find out. Once multinational companies generally find this and quickly form a new economy around this new system, the resistance and hostility of this new economy to made in China will be a high probability event. This future is written in the current hostile attitude of the US government towards China. Now western governments and enterprises have no way to solve the problem of money. Once this problem is solved, they will graft proction onto intelligent machines. The inertia of history will make them make choices that are not concive to the Chinese people< In short, financial intelligence (interest free loan) is an inevitable trend of historical development

standing on top of financial intelligence, entity intelligence can crush traditional entity enterprises just like instry crush agriculture

a systemic crisis is approaching to made in China, which is not only about the fate of made in China, but also about the fate of every Chinese

- forced by the crisis, our choice<

1. Cloud wallet solution

China's top 500 enterprises take the lead in jointly holding cloud warehouse (the framework of cloud warehouse has been set up, waiting for you to hold shares)

each enterprise above Designated Size stores the right to take delivery of goods in the cloud warehouse according to the operating revenue of the previous year, and obtains the equivalent cloud equity + general right to take delivery of goods (about 100 trillion)

through this new retail system, made in China can obtain zero cost capital (100 trillion yuan), directly invest in intelligence on a large scale, engage in R & D regardless of cost, and complete intelligent transformation ahead of time

it enables the Chinese market to enter the era of full intelligence ahead of time, enabling the Chinese people to stand on the high latitude ahead of time and wait for the western countries to follow up<

2. They are suspicious of each other, they all follow the instructions of the relevant departments, and they are the second in the world together

wait for others to complete the strategic encirclement of made in China,

wait for others to catch a turtle in a jar<

- cooperation mode, reporting system

Zhang Yan's wechat: nikozhang2009

Wang Guangyao's wechat: wangguangyao5522

Enterprises above Designated Size (annual revenue of more than 100 million) should contact us first

we will invite you to different wechat groups in different regions, so that the person in charge of each enterprise can truly express their inner wishes and ideas in a closed environment. After the group consensus is reached, they will be concentrated in the cloud warehouse, and the enterprises jointly owned by them will take over the cloud warehouse. Based on the cloud warehouse, you can directly exchange your right of delivery with the right of delivery in the market, which means that each enterprise has the right to loan without interest. It also means that we can use zero cost capital to invest and control intellectualization. Based on cloud warehouse, you can negotiate and cooperate with China's top 500 enterprises to protect your fundamental interests

- missed opportunities will never be there

there are three types of enterprises in the market

category I, China's top 500 enterprises. The annual total revenue is more than 70 trillion

category II: ordinary enterprises above Designated Size, with a total annual revenue of more than 10 trillion

category III: Ordinary small and micro businesses and merchants, with a total annual revenue of tens of trillions

as the second kind of sandwich layer, it is easy to be replaced

if the current cooperation window period is missed, consumers can directly find China's top 500 enterprises and invite them to settle in. The market will choose to replace class II enterprises that have not joined the cooperation system with innovative projects

therefore, class II enterprises should give full play to their relatively flexible advantages and make friends with trends! Make friends with consumers<

- related basic theory

theoretical basis in 2013: a person's whole life, working 200 ﹤ days, intelligent gift to human

2014 work instruction "intelligent society", published by CITIC publishing house in 2016

in 2016, the media interview openly elaborated: how beautiful is the intelligent society? To achieve economic freedom by getting something for nothing

- about the market

this market is very simple:

1. 500 multinational companies control the global economy

data: the total revenue of the world's top 500 is 30 trillion US dollars, and the global GDP is about 80 trillion US dollars

in 2020, Facebook will unite with 10-100-500 multinational companies to win the world

is it difficult for Facebook, backed by 2.7 billion consumers, to unite with 500 multinational companies? The answer is self-evident

therefore, when made in China really sees a crisis, it will be fatal< 2. China's top 500 enterprises are in charge of China's economy< According to the data, the total revenue of China's top 500 enterprises is more than 70 trillion, and the GDP is slightly more than 80 trillion

as a result, when we get 36 million shareholders → China's top 500 enterprises, we get the whole Chinese market<

only when we have enough chips, not a mess, can we talk to Facebook.