Ethereum set block time

1. Some institutions have predicted that Ethereum will rise to $2500 by the end of the year, but it seems unlikely in the current market. Domain Kingdom's latest Ethereum price is $166, down 16% from yesterday
although the price of Ethereum continues to decline, there are still many investment opportunities. Nowadays, many people invest in Ethereum through virtual currency trading in the realm Kingdom, which is not affected by the rise and fall of prices, but also can invest less money in the shortest time to obtain more income.

2. Ethereum, ETH for short. At the end of 2013, vitalik released the white paper of Ethereum, and in July 2014, the pre-sale of Ethereum began. At that time, insiders called this kind of token issue "crowdfunding". Through the 42 day pre-sale, the Ethereum team raised more than 30000 bitcoins through the pre-sale of 60102216 Ethernet coins; In addition, the early contributors who participated in the development before the pre-sale and the developers who have been engaged in project research for a long time are allocated according to 9.9% of the total amount of Ethernet coins sold at that time. So when Ethereum was officially released, there were more than 72 million Ethereum coins. After the end of Ethereum's pre-sale, it uses the proof of work mechanism POW for mining, and rewards the miners according to 26% of the total amount issued at that time every year. In October 2014, Ethereum reced the block output time from 60 seconds to 12 seconds, and now it is basically stable at 15 seconds, with 5 etheric coins awarded for each block
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.

3. At the top of Ethereum is DAPP. It exchanges with the smart contract layer through Web3. JS. All smart contracts run on EVM (Ethereum virtual machine) and use RPC calls. Below EVM and RPC are the four core contents of Ethereum, including: blockchain, consensus algorithm, mining and network layer. Except DAPP, all other parts are in the Ethereum client. The most popular Ethereum client is geth (go Ethereum)

4.

Ethereum is an open source public blockchain platform with smart contract function. It provides decentralized virtual machine (Ethereum virtual machine) to process point-to-point contract through its special cryptocurrency ether (also known as "Ethereum")

The token on the

blockchain is called ether, and the code is eth. It can be traded in many foreign exchange markets of cryptocurrency, and it is also the medium used to pay transaction fees and computing services on Ethereum

the concept of Ethereum was first proposed by vitalik buterin, a programmer, from 2013 to 2014, inspired by bitcoin, with the general meaning of "next generation cryptocurrency and decentralized application platform", and began to develop through ICO crowdfunding in 2014. As of February 2018, Ethernet is the second highest cryptocurrency in market value, second only to bitcoin

extended data:

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

5.

If you want to query the transaction records on the main network, you can use Etherscan. However, if you build your own private chain, how should you query the transaction records

the answer is that you need to listen to the logs on the chain, save them in the database, and then query them in the database. For example:

< pre t = "code" L = "Java" > varaddr = & quot& quot;< br />varfilter=web3.eth.filter({fromB lock:0 ,toBlock:' latest', address:addr });< br />filter.get(function(err,transactions){
transactions.forEach(function(tx){
vartxInfo=web3.eth.getTransaction(tx.transactionHash);
/ / at this time, the transaction information txinfo can be stored in the database
})< br />});

Web3. Eth. Filter() is used to monitor the log on the chain, and Web3. Eth. Gettransaction() is used to extract the information of the specified transaction. Once the transaction information is obtained, it can be stored in the database for query

recommend a practical introction, you can see: Ethereum tutorial

6. It depends on the difficulty of the algorithm and the current currency price. The income is not fixed!

7. 1. The first feature of blockchain is decentralization. How to understand it? Taking the trading book of the foreign exchange trading platform as an example, through the comprehensive and in-depth application of blockchain technology, the foreign exchange trading platform can record all relevant information in a distributed account book, making it difficult for traders to tamper with their trading records, and investors can clearly understand their own capital status and each order transaction, It also changes the opaque trading status of the foreign exchange instry in the past, and is concive to strengthening the competitiveness of the formal and high-quality foreign exchange trading platform
2. The second feature of blockchain is security. Because the blockchain is composed of each encrypted data mole, it has a specific defensive. When the blockchain technology is applied to the safe operation of procts and the management and operation of the platform, this natural security defense mechanism will rece the operation cost of the platform, and the risk coefficient of the platform will be greatly reced
3. When the security and trust are highly solved through blockchain technology, the transnational settlement and transaction efficiency of transactions will undoubtedly be greatly improved. At this time, compared with the past, the foreign exchange trading platform with block chain technology has higher technology content, which can provide more professional service requirements for investors. It's a wonderful thing for investors.

8. may not!!!