Half Ethereum

1.

The total number of bitcoins is 21 million

in 2009, when bitcoin was born, block reward was 50 bitcoins. Ten minutes after its birth, the first 50 bitcoins were generated, and the total amount of money at this time is 50. Then bitcoin grew at a rate of about 50 every 10 minutes. When the total amount reaches 10.5 million (50% of 21 million), the block reward will be halved to 25

when the total amount reaches 15.75 million (5.25 million new output, i.e. 50% of 1050), the block reward will be further halved to 12.5. The monetary system used to have no more than 10.5 million in four years, after which the total number will be permanently limited to about 21 million

extended data

monetary characteristics

1. Decentralization: bitcoin is the first distributed virtual currency, and the whole network is composed of users without a central bank. Decentralization is the guarantee of bitcoin's security and freedom

2. Global circulation: bitcoin can be managed on any computer connected to the Internet. No matter where you are, anyone can dig, buy, sell or collect bitcoin

3. Exclusive ownership: private key is needed to control bitcoin, which can be stored in any storage medium in isolation. No one can get it except the user himself

4. Low transaction cost: bitcoin can be remitted free of charge, but a transaction fee of about 1 bitfen will be charged for each transaction to ensure faster transaction execution

5, no hidden cost: as a means of payment from a to B, bitcoin has no cumbersome limit of quota and proceres. If you know the other party's bitcoin address, you can pay

6. Cross platform mining: users can explore the computing power of different hardware on many platforms

2.

They are:

bitcoin

the concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's ideas, the open source software was designed and released, and the P2P network was built on it. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system

bitcoin cash

bitcoin cash is a new version of bitcoin with different configurations launched by a small number of bitcoin developers

extended data:

virtual currency refers to non real currency. Well known virtual currency, such as network company's network currency, Tencent company's Q currency, Q point, Shanda company's voucher, Sina's Micro currency (used for micro games, Sina reading, etc.), chivalrous Yuanbao (used for chivalrous road game), silver pattern (used for bixue Qingtian game)

the popular digital currencies in 2013 are bitcoin, Leyte coin, infinite coin, quark coin, zeta coin, BBQ coin, pennies (Internet), invisible gold bar, red coin and prime currency. At present, hundreds of digital currencies are issued all over the world. Popular in the circle & quot; The legend of "bitcoin, Wright silver, infinite copper, pennies aluminum"

3. 2020 is the first year of proction rection. Everyone turns to BTC, BCH, BSV and other currencies. However, you forget eth. As the king of the public chain, ETH will usher in the big upgrade of 2.0 super version in 2020, switching from the pow mechanism to the POS mechanism. In addition, it will face proction rection in March next year, and its circulation will be reced by 10 times. Its impact is no less than that of bitcoin proction. Since the beginning of the year, the trading volume of eth has grown explosively, and the institutional capital has poured in to preempt the layout. However, the current price of eth is only 260 US dollars. With many super favorable blessings, the market expects eth to usher in a super bull market< In theory, the circulation of next year will be reced by 10 times. In theory, the current price of eth is 260x4 = US $1040 (upgrade + expected price after proction rection)

ring this period, the return comparison between holding spot and ETF fund is as follows:

1. Holding spot makes 4 times of profit
2. Holding Ethereum ETF fund makes 12 times of profit, Up to 30 times (intelligent position adjustment + fund compound interest calculation)

there is no doubt that the Ethereum ETF launched by bitoffer is the best investment choice!

4.

Bitcoin is actually a virtual currency. When bitcoin first appeared, if you want to get bitcoin, you have to get bitcoin through mining. Therefore, bitcoin mining appeared. But bitcoin mining is more and more difficult, so it is very difficult to get bitcoin now

so now many people use Haru miner digs Ethereum, Monroe and other virtual coins. Most importantly, BTC can be directly equivalent in the end

5. If you want to play with mainstream currency, cash or contract, you can make a lot of money with security and stability. Don't believe in the messy welfare, all kinds of routines, and pit the dead

6.

Bitcoin is mined in units called "blocks.". At the time of writing, the reward for completing a block is 12.5 bitcoin. In February 2019, the price of bitcoin is about $3500 per bitcoin, which means you will get (12.5 x 3500) = $42000 Refer to bitcoin mining)

as the channel is widely covered, negative interest rates will be passed to consumers through savings accounts that generate negative returns, which will force consumers to find alternatives such as bitcoin

7. Lightning bitcoin has not been well known because it is a bifurcated coin of bitcoin. Many users in the coin circle instinctively dislike this kind of token. Fork coin has now become synonymous with money and running. But what you may not know is that all bifurcated bitcoin can be called currency in the eyes of foreign regulators. The US SEC only recognizes bitcoin and Ethereum as currencies because they have not concted ICO in public channels. Accordingly, these bifurcated currencies are regarded as currency. And lightning bitcoin is the only one that doesn't pre dig in the fork coin. You can imagine that bitcoin is 100 banknotes issued by a bank, and all kinds of bifurcated banknotes are equivalent to banknotes of different denominations issued by the bank. You may not be able to understand the valuable value of this. When it comes to the circulation of entities, if you are a bifurcated coin of bitcoin, it is easy to pass the government compliance. In short, the reason why the Grand Prince BCH can get through the physical circulation in Japan so quickly is just the light of bitcoin
then why should I say that lightning bitcoin is a great currency experiment? We compare lightning bitcoin to a free economy with three major stakeholders: developers, miners and holders

so far, no blockchain project can effectively govern the three. Why? The reason is very simple. In an ICO project, the developers, coin holders and even miners are the same group. It's easy to understand. Why should he give the best interests to the ICO holders? This is obviously not in line with human nature. The reason why lightning bitcoin dares to do chain governance is related to the issuing mode of lightning bitcoin. LBTC's "governance on the chain" is another attempt to "decentralize", which is also very eye-catching. Dpos mechanism determines that there are 101 nodes in the network. At the same time, unlike pow, the right of choice is in the hands of the coin holder. These nodes will be elected by the vote of the coin holder. When the node does not act, the user can vote out of the network. According to last week's weekly report, LBTC's block browser has also added this function, which can view the operation of nodes in real time. It also paves the way for LBTC's "chain governance". In the LBTC system, all coin holders can vote to decide whether the project development proposal will go or stay, and all members of the organization can participate in the decision-making and operation of the organization. In addition, the 5000 standard of lockup after the election of the lightning node ensures that the node is both a mine pool and a coin holder. In this way, the relationship among miners, developers and users is well balanced, and the foundation of an autonomous organization is formed.

8.

Ethereum ushered in 2019 with a price of $130 and ended 2019 with a price of $130. In this year, Ethereum has gone through ups and downs, but in the end, it has returned to its starting point

(the price trend of bitcoin in 2015)

in that year, bitcoin finally went out of the way near the end of the year, and for most of the year, it performed mediocre. Although it rose and fell, its price remained at the same level

so, will Ethereum go out of the 2016 bitcoin market in 2020

these two years are similar. They are both "halved" years, two years after the last high point, and also expected to walk out of the soaring market

besides, Ethereum has the same illusion as bitcoin in 2015. Just as bitcoin experienced the failure of payment demand in those years, the ic0 project on Ethereum became a burden ring the bear market, and the project parties could sell the ETH that got from ic0 without any worry

like Nakamoto's bitcoin, v-god's vision of network scalability has been stuck for years rather than months, but in other areas, they are becoming more and more attractive

first, the external is blockchain, and the internal is defi

blockchain rose in 2014, but it rose at a faster speed in 2016, which is also a major reason why bitcoin can take off in 2017

the launch of Ethereum may also drive bitcoin, because initially you need to buy BTC to get eth

However, because Ethereum is Turing complete, it does not need a new blockchain network to realize a new invention. On the contrary, anything that can be coded can be coded with eth, including some primitive but fully automated banks

for example, one case is the stable currency Dai issued by the decentralized bank maker, which provides a demand interest rate of 10 times that of the bank (generally speaking, the bank's demand interest rate is about 3%)

it can be said that traditional banks lack advantages in this respect, because they have costs such as offices, employees who want rich bonus, and so on, which are obviously paid by bank users. And all of these are replaced by extremely cheap code on Ethereum

at present, this invention is still very young and has great development space, and the concept of DEI (decentralized Finance) has been generally proved to be feasible

2. From defi to technological revolution

some smart contracts are very complex. For example, to create Dai contracts, you need to put into eth to manage collateral, hedge, arbitrage, and create code price management strategies. Basically, you need to be your own bank

but from the perspective of end users, you don't have to care so much. All you need to know is: is the contract hacked? If not, how long has it been running

this is not a perfect way to measure safety, but relatively speaking, it is an effective way to quantify risk with technical level. You don't have to worry about managing collateral, you just need to exchange eth for Dai to earn savings

suppose you have a deposit of $100000, you think the stock price may be too high, or you think the dollar will strengthen, or you just want to have some quick and convenient financial savings

the last way is to put it in the survival period of the bank, but if you do, you will lose money because of inflation, because the bank interest rate in many places is very low, and the interest on the current savings account is basically 0%

but if you put it in a decentralized banking system such as Dai, you can get 4% deposit interest. All people have to do is buy eth first and then switch to Dai

let's imagine that if more people do this, it will indirectly push up the price of Ethereum. Therefore, it is wise to keep a part of eth, not all of them become Dai. Through this example, you may be able to imagine the development direction of Ethereum in the future

3. Will eth rise in 2020

if you regard Ethereum as the gateway to the new field of defi, then its value may be underestimated at present

just as bull sentiment is high, it will be divorced from reality, so will bear. Bears can often give a lot of reasons for the decline, but at present, in addition to some common reasons, we still don't know what negative aspects Ethereum will have in the future

Yes, the upgrade is always delayed, because it's too complicated, or for other reasons, you're not even sure whether it will be released in the end

Yes, like bitcoin developers, Ethereum developers will become arrogant because of their poor communication skills and contempt for "investors". Some of them have even left, thus slowing down the progress

Ethereum lacks a clear monetary policy - that said, Ethereum aims to rece inflation to near zero

ic0 projects are sold and sold. Many projects are fruitless, and the progress is delayed again and again. It is not too much to say that they are semi decentralized

in the bear market of the past two years, these shortcomings have surfaced, and there are more than these, but in the end, Ethereum still has a price of $130

this may mean that all the negative factors have been digested, and the market still believes, or even stubbornly believes, that it is worth at least $130

if there is no further decline, it probably means that it must rise, because ring the bear market, many potential positive factors and upgrading development have been ignored

Although defi seems to be only a field, it can slowly and graally automate more financial services through a large number of applications, and ultimately promote the development of banks and other financial entities

in addition, the delay of upgrade has been reflected in the price, although it is not clear whether other established factors have also been reflected in the price

for example, does the market really believe that the inflation rate of Ethereum will drop to near zero or even negative

has the potential demand for interest through POS been reflected in the price of digital assets? Once POS exits the market, what will happen to the locked eth? What's the new plan to convert eth 1. X (the name of the existing Ethereum platform protocol upgrade set) into POS fragmentation mechanism

we can list a lot of problems, but you know, Ethereum was declared dead earlier last year, but it has come to this day

therefore, it still has the opportunity to rise again, because it has achieved many goals, and there are more goals to achieve. At the same time, it has created a lot of new ideas (such as defi), some of which have been implemented, and some of which have just started

as for valuation, if we only talk about one aspect, such as replacing some banking services, even if there is only 20% chance, even if only 1% market share, it is still a thing worth trillions

as Darwin once said, "the species that can survive in the end are not the strongest or the smartest, but the ones that can adapt to change best."

9. Through eth bug, ETH normal armor can get an additional 50% defense. For example,
AP + DF ranges from 410 to 524
Super: if the basic DF is 524 15ed, DF = (524 * (1 + 50%) + 1) * (1 + 15%) = 905
normal: if the base DF is added, the highest DF is calculated as follows: 524 * 1.5 + 524 * 0.5 = 524 * 2 = 1048. Obviously, this DF calculation is incorrect. I believe many people see or have AP + higher than this DF
the correct calculation method is: 524 * 1.5 * 1.5 = 524 * 2.25 = 1179
that is to say, the maximum DF of eth AP + is 1179 (applicable to other eth normal armor)

essence AIDS have the following conditions, be sure to pick up, remember that

1, invisible
2, no hole
3, ordinary (0ED/0 rable)
4, Armor class (weapon not)

perforated by formula (

eth BUG) perforation formula:

Tal (7) +Thul (10) + perfect Topaz + normal armour = = with Kong Kuijia (hole number random)