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ETX of Ethereum

Publish: 2021-05-04 11:48:27
1.

a brief history of etheric Classics (etc)

etheric classics began with an unfortunate event

in May 2016, the decentralized autonomous organization (DAO) held a token sale with the goal of establishing a blockchain based venture capital to fund future decentralized applications (dapps) in the Ethereum ecosystem

basically, Dao is a complex smart contract that operates in a decentralized way - computer code that automatically performs tasks between multiple parties when conditions are met

despite its ambitious goals and successful token sales, Dao's code has a major vulnerability that allows attackers to steal eth from decentralized organizations

the attacker took advantage of this vulnerability in June 2016, triggering the infamous Dao hacking event, and maliciously stole eth worth about US $50 million

there is no doubt that Dao hacking has shocked Ethereum community and made eth price drop from $20 to $13

after the Dao hacking, the Ethereum community has to choose from three options

< UL >
  • do nothing and try to bear the consequences of the attack

  • start soft bifurcation to recover funds

  • deploy a hard fork to recover the lost eth

  • both soft and hard bifurcations are significant network upgrades. However, soft fork allows users who are not upgraded to communicate with upgraded users, while hard fork is not backward compatible with previous versions

    as developers realize that deploying soft forks will expose the network to distributed denial of service (DDoS) attacks, Ethereum community decides to initiate hard forks to recover the funds lost in Dao hacking attacks

    although this scheme is supported by most people, a small number of people in Ethereum community oppose it. They think that "code is the law" and blockchain network should be unchangeable

    the failure of both sides to reach an agreement on the solution eventually led to the fragmentation of Ethereum blockchain

    those who tried to recover the lost eth chose the hard fork and opened the Ethereum (ETH) blockchain as we know it today, while another group stayed on the original Ethereum classic (etc) chain

    what problems does ethereal classic solve

    Ethernet classic (etc) is a blockchain platform that allows developers to deploy smart contracts and dapps

    although this function is the same as Ethereum (ETH), etc blockchain has two main differences

    first of all, Ethereum classic community opposes tampering with distributed ledger and supports the view that "blockchain network cannot and should not be modified"

    secondly, although there is no rigid upper limit on the total supply of eth, it is allowed to create 230 million etc at most by adopting the monetary policy of constant supply

    as a bonus item, ethereal classic launched Atlantis hard bifurcation last year to increase the interaction with Ethereum and improve the privacy protection of transactions through ZK snarks

    the trading platforms recommended by ethereal classic etc are: Fire coin, okex, AAX, etc

    2. After nearly two years of bear market in the currency circle, the currency price of Ethereum has now dropped to more than 900 yuan, and the current downward trend continues. Short Ethereum is now a better trading strategy. At present, digital currency exchanges that can be short, such as coin an, fire coin, bitnet. It's my honor to take my advice. Thank you. I wish you a happy life!
    3. Ordinary computer can't, have to buy mining machine can dig, and this thing on the network requirements are higher!
    4. Where are you going? Wallet or exchange
    transfer eth, as long as there is an address, you can transfer it out
    mnemonic words are things that you can help to find when you forget your key, not related to money collection.
    5. Eth is the foundation of most public chains and the upgrade of 2.0. It's not good to invest in several mainstream currencies such as Eth and bitcoin. As for locking positions and raising interest rates, such as VDS and vsys, it's all chicken feather in the end. In other words, if you have money, you're not afraid of thieves. If you don't care about thieves, you're afraid that you have no leeway to reap the benefits of MLM.
    6.

    The postcode of Hefei city is 230000

    the new administrative and cultural zone of Hefei is located in the southwest of the main urban area of Hefei, the provincial capital, with Jinzhai Road Viact in the East, Hefei high tech Instrial Development Zone in the West and Hefei Economic and Technological Development Zone in the south. With a planning area of 12.67 square kilometers, it is an important part of the main urban area in Hefei's "141" urban space development strategy. It is also a new political and economic center and commercial and cultural center of Hefei, the provincial capital, integrating the functions of administrative office, culture, ecation and sports, Finance and trade, tourism and vacation, residence and leisure

    The common information of Hefei administrative district is as follows:

    1. Area: About 6km southwest of the old city center

    2. Area code: (+ 86) 0551

    3. Administrative division code: 340100

    4. License plate code: Wan a

    extended information:

    located in the main direction and heart of Hefei urban development sector, the new administrative and cultural zone is the only way to connect the main urban area, economic and Technological Development zone and university town. It is 20 minutes' drive from Hefei railway station, close to Hefei West Railway Station, and adjacent to Hefei Nanjing, Hefei Xuzhou, Hefei Wuhu expressways, It's only 10 minutes' drive from Hefei Luogang airport, and the airport and station are within the "living circle" of 20 minutes. It is not only the throat of the main urban area's westward and southward expansion, but also a beautiful window to reflect the image of modern Hefei City in the demonstration area of Wanjiang city belt's undertaking instrial transfer

    China's postal code adopts a four level six digit structure. The first two digits indicate the province (municipality directly under the central government or autonomous region); The first three digits indicate the postal area; The first four digits represent counties (cities); The last two digits indicate the delivery office. Postcode is to realize the implementation of automatic mail sorting scheme, because the computer can not recognize Chinese, but can recognize numbers. Code each area, can quickly use the computer sorting, to write the more detailed the better

    7. Bitcoin cash, also known as BCC / BCH
    it is a new encrypted digital asset launched by viabtc based on bitcoin ABC scheme, which can be regarded as a bifurcated or competitive currency of bitcoin BTC
    generally, as the main virtual currency, bitcoin's rising value will drive the price of other corresponding currencies to rise. Of course, as an investment proct similar to stocks, there are certain risks.
    8. According to my inference, this is a British dollar, that is to say, the face value of pound sterling is five. According to 10000 gold coins of pound sterling, it will be linked to RMB 10. His head is Queen Elizabeth II, followed by London, the most famous city in Britain. Big Ben is very famous. This B can sell for at least 10000 yuan. This is Elizabeth II's pound in the 1980s
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