Voting procedure of Ethereum

1. Ethereum is an innovation that applies some technologies and concepts in bitcoin to the field of computing. Bitcoin is considered a system that maintains a shared account book that securely records all bitcoin bills. Ethereum uses many mechanisms similar to bitcoin (such as blockchain technology and P2P network) to maintain a shared computing platform, which can flexibly and safely run any program users want (including bitcoin like blockchain programs of course)

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2. Eth is a kind of digital token of Ethereum, which is regarded as "bitcoin version 2.0". It adopts the blockchain technology "Ethereum", which is different from bitcoin. It is an open-source public blockchain platform with intelligent contract results, and a resonance network composed of tens of thousands of computers around the world. Developers need to pay eth to support the application. Like other digital currencies, ether currency can be bought and sold on the trading platform

warm tips: the above explanations are for reference only, without any suggestions. There are risks in entering the market, so investment should be cautious. Before making any investment, you should make sure that you fully understand the nature of the investment and the risks involved in the proct. After a detailed understanding and careful evaluation of the proct, you can judge whether to participate in the transaction
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3.

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

4. Ethereum is not a kind of currency, but a decentralized intelligent protocol. It can be understood as a huge global account book. The logic of this intelligent protocol does not need a specific server to support its daily operation. Instead, it is the protocol terms given by the executors before entering among the scattered users. This is an application evolved from decentralization
compared with bitcoin, we can find that Ethereum is more difficult to develop a new encryption technology than bitcoin. This breakthrough has greatly reced the development cost and time for developers who apply blockchain technology. The emergence of Ethereum once again reiterated the need to split the center, as well as the feasibility and advantages of decentralized distributed applications, to the existing economic market, the financial sector a new direction of development and throw to the society a new entrepreneurial ideas and opportunities.

5. At 5 o'clock this morning, when we were still sleeping, bitcoin rose sharply to US $5300, accompanied by the rapid rise of the leading currencies. After the rapid rise, bitcoin fell sharply. When it fell to US $4700, it quickly returned to US $4900-5000 and stabilized, then the leading currencies also followed bitcoin.

6. Ethereum is a platform and a programming language, which enables developers to build and release the next generation of distributed applications
Ethereum can be used to program, distribute, guarantee and trade anything: voting, domain names, financial exchanges, crowdfunding, corporate management,
contracts and most of the agreements, intellectual property, and smart assets that benefit from hardware integration
Ethereum will use a hybrid security protocol. In the early stage, it will use the proof of work (POW) mechanism to distribute Ethernet currency, and then it will switch to the proof of equity (POS) mechanism. Since the launch, there will be 0.26x every year, that is, 60102216
*
0.26
=
15626576 ether coins will be g up by miners every year. After being converted to POS, the annual output of Ethereum will be reced
English Name: Ethereum / eth
Chinese Name: Ethereum
listed exchanges: 156
issuing time: July 24, 2014

7. Ethereum has established a programmable and Turing complete blockchain. On this blockchain, you can realize the proction of all kinds of digital assets through a simple program, and you can also accurately control the status of the blockchain assets circulating on Ethereum by writing a program, such as whether the asset is to be paid or locked or has a quota, whether the account is a treasure list or a white list Ethereum and other digital assets, etc. At the same time, Ethereum is a programmable, flexible and complete blockchain network foundation. On this basis, we can realize more functional procts of non regional fast chain assets. For example, I use Ethereum to set up smart contracts, which can be applied in personal daily economic life and enterprise economic activities. Ethereum is a new and open blockchain platform based on the concept of blockchain and blockchain assets. It allows anyone to build and run decentralized applications on the platform by using blockchain technology. In short, Ethereum technology is blockchain technology plus smart contract.

8.

The first real milestone should be a local election, and the ultimate goal is a national election

At a time when people's trust in government agencies in western countries is declining at an alarming rate, the Russian government under Putin is taking measures to strengthen people's trust in its system

Russia's democratic system has a long history, but the corruption left by the collapse of the Soviet Union and the plunder by the western world in Yeltsin's reign are still a big problem

Russia's launch of this system coincides with the time when "us special prosecutor Mueller formally filed a lawsuit against 13 Russians and three Russian entities for interfering in the 2016 US presidential election, causing a global sensation". For the anti democratic forces, the incident makes Mueller look more like an available fool

while Washington's bigwigs are still dissatisfied and complaining about the election results they don't like, Russia is taking action to ensure that one of Joseph Stalin's most frequently quoted maxims - "the voter decides nothing, the teller decides everything" does not apply to Russia