1. Ethereum energy coin is not MLM
Ethereum is an open source public blockchain platform with smart contract function. Ethereum provides decentralized virtual machine (Ethereum virtual machine) to process point-to-point contract through its special cryptocurrency Ethereum
in 2013, vitalik buterin, 19, first mentioned the idea of Ethereum in a book entitled "Ethereum white paper: next generation intelligent connection and decentralized application platform". Then, in 2014, the algorithm and protocol of Ethernet coin were officially implemented, and $150 million was raised. The system itself was finally completed on July 30, 2015
as the representative of blockchain 2.0, the mainstream currency Ethernet is regarded as the wind vane of crypto digital currency market. However, over the past week, the price of ether currency has continued to fall. On August 14, 2018, the ethereal currency plummeted by 20%, reaching a record low of $257 this year. Compared with this year's peak of $1295, the price of Ethernet currency has shrunk by more than 80%. Affected by this, on August 15, 2018, none of the top ten mainstream currencies in the digital money market was spared, falling across the board, with a number of single day declines exceeding 10%
extended data
Ethereum started planning almost in 2013, and started to implement the project in 2015. Before that, there were many digital currencies imitating bitcoin in the market, and they made various modifications on the basis of bitcoin code. In this way, it is very difficult to develop a new blockchain application, to re deploy a new chain, and then to develop an application on this chain. Using a consensus mechanism of pow alone is a huge maintenance workload. It's like developing an app on a mobile phone and developing the Android system together
after Ethereum comes out, it is equivalent to the underlying operating system of the blockchain. On Ethereum, it is very convenient to develop various dapps without considering the underlying development, and it can also share the computing power and storage of Ethereum. For programmers, the threshold of blockchain development is lowered instantly. The emergence of Ethereum has played a very important role in the development and popularization of blockchain applications. That's why Ethereum is called blockchain 2.0
2. Eth currency is a fraud. It is specially issued by swindlers to leeks who think they can make a lot of money by buying the digital currency issued by swindlers. Eth currency should be purchased in the exchange opened by swindlers!
3. No, simply speaking, first of all, Ethereum trade is a platform created on the basis of applications created on smart contracts and distributed Internet. Secondly, Ethereum trade has its own profit model, which is to automatically compare the prices of bitcoin, Ethereum and other digital currencies in different countries around the world through regional block links. Once the price difference is found, the transaction can be completed in milliseconds instantly, that is to say, from the low price platform to the high price platform, Make a profit on the difference between the two.
4. Whether a currency is counterfeit depends on whether it meets the basic characteristics of blockchain. Blockchain is divided into public chain and private chain. The public chain is a block chain based on the principle of decentralized open consensus, which has two characteristics: 1. Decentralized, single point can not be controlled; 2; 2. Open, all people or institutions can participate in any part of the blockchain ecology; Private chain or alliance chain is a local decentralized and non open block chain based on internal or self trust. It has two characteristics: 1. Local decentralization. For example, several banks run one node and have equal computing power; 2. In closed operation, only officially designated participants can participate in the core work of blockchain operation, and even block queries are limited or not open to the outside world at all; Ethereum started as a community project and is still on the road of decentralization. However, Ethereum chooses to become more and more decentralized and public chain like bitcoin. At present, Qube is the largest trading platform of Ethereum in China, followed by oke, and the trading volume of bitmex abroad is not small. Its recognition is second only to BTC.
5. The future is so far away that no one can be sure. However, no one can shake the dominant position of bitcoin within a predictable time frame. There is no way to change the situation of bitcoin, Wright coin, Ethereum, Ruitai coin and doggy coin. The only thing that can change is the market value ranking of Shanzhai coins other than bitcoin. However, it is not ruled out that in the future there will be a
virtual currency supported by most countries in the world, which may surpass bitcoin.
6. It's easy to see the Ponzi scheme, isn't it? It's easy for the etheric side to advocate profit and pull people's heads without entity support
7. It's a liar for sure
8. Bitcoin was born ten years ago, and countless people asked this question in the past ten years. In the past ten years, its price has risen 100000 times
do you think he is a hoax?
