Taizhou fried Ethereum

1.

First of all, we need to understand what is MLM:

MLM refers to the illegal behavior of organizers and development personnel to obtain wealth by calculating and paying remuneration to the developed personnel based on the number or performance of the personnel directly or indirectly developed, or requiring the developed personnel to pay certain fees to obtain the qualification to join. The essence of MLM is "Ponzi scheme", that is to say, the money of later comers is distributed to the income of former comers

However, the new type of MLM does not restrict personal freedom, does not accept ID cards and mobile phones, and does not take classes collectively. Instead, it uses capital operation as a banner to pull people to cheat money, drives luxury cars, wears gold and silver, and uses money to attract your relatives and friends to join in, and finally makes you lose all your money

then judge whether the ether coin is a kind of MLM, whether you need membership fee, whether you need to ask your relatives and friends to join

extended materials:

Ethereum is an underlying technology platform on which developers can create distributed applications. With the application, there will be transactions. With a transaction, you need money to complete the transaction. In this way, money has value, and investors' investment has a return. If the transaction volume on the platform is larger and larger, the demand for money will be higher and higher, and the money will be more and more valuable

from the perspective of image, bitcoin creates a kind of digital gold, while Ethereum creates a country, and Ethereum is the credit currency of the country

after bitcoin, there are thousands of digital virtual currencies in the world, many of which are completely deceptive in the guise of "digital currency". Previously, Haikou Municipal Public Security cracked down on a pyramid selling organization called "Eurasian currency", which operated on the internet pyramid selling platform, making more than 40000 investors cheated, involving 4.06 billion yuan. The field of virtual currency has just started, so we need to be cautious

resources : Ethernet money network

2. 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.

3. At present, the market of Ethereum is very good. Ethereum's price is now $1414, which translates into RMB 9107. It has broken a new high for the second time. Ethereum is the second largest market value digital currency in the world. Second only to bitcoin. Both self value and investment value are limitless. For those who have investment ideas in Ethereum, you can go to chinacoin, which is one of the largest spot exchanges in the world, with the highest liquidity and daily trading volume.

4. According to the Shanghai headquarters of the people's Bank of China, in recent years, speculation related to virtual currency (such as ICO, IFO, IEO, IMO and STO) has been in vogue, prices have gone up and down, and risks have gathered rapidly. Relevant financing entities raise funds from investors or virtual currencies such as bitcoin and Ethereum through illegal sale and circulation of tokens. In essence, they are illegal public financing without approval. They are suspected of illegal sale of token bills, illegal issuance of securities, illegal fund-raising, financial fraud, pyramid schemes and other illegal crimes, which seriously disrupt the economic and financial order

on September 4, 2017, the people's Bank of China and other seven ministries and commissions issued the "notice on preventing the financing risk of token issuance", which cleaned up the ICO and virtual currency trading venues. The scale of domestic virtual currency transactions decreased significantly, effectively avoiding the impact of virtual currency prices on China's financial market.

5. If you want to ask what's the most popular in 2018, I believe you will say it's blockchain

since last year, a variety of digital currencies have emerged in an endless stream, and blockchain has also been on fire

many people are connected with blockchain as soon as they mention currency speculation; As soon as you hear that an enterprise is doing a blockchain, you will immediately ask if you want to issue money

it seems that blockchain is equivalent to digital currency, and the purpose of studying blockchain is to speculate in currency< br />


1

when you are new to blockchain or digital currency, it is reasonable to equate blockchain with currency speculation

after all, if it wasn't for the growing popularity of bitcoin, no one might have paid attention to blockchain technology so far. If it wasn't for more and more people investing in bitcoin, no institution would have issued a variety of other digital currencies

however, after in-depth understanding of blockchain and digital currency, we still think that blockchain is money speculation, so our understanding is really a bit biased

blockchain is the underlying technology of bitcoin. No matter bitcoin, Ethereum, lightcoin or other various tokens, they are all applications based on blockchain technology

but this does not mean that the blockchain can only be used to issue money, just like fish is raised in the water, but it can not be said that fish is water, and hairy crabs and crayfish can grow in the water

in addition to the various tokens we see at present, blockchain has a very broad application prospect

2

so what is a blockchain

to put it clearly, blockchain is: "blockchain is a kind of technical mole or encryption algorithm that is both basic application and top-level design. It breaks the barrier that an information is only saved by one central server or multiple services in the past, and copies the same information to more places at the same time, such as 1 million servers. Only when more than half of the stored information has been tampered with can chaos be caused. "

in a word, understand the relationship between bitcoin and blockchain:

blockchain is a technical concept born from bitcoin encryption technology

bitcoin is a kind of digital virtual currency, followed by the payment currency as a contribution to storage computing power

if you want to store the same information in countless servers, who will store it for free? There has to be a reward. Bitcoin is a reward for accepting free storage. This reward is a virtual thing called bitcoin.

6. Buying at a low price and selling at a high price on an exchange like btop is the same as speculating in stocks

7. false

8. There is no entry or no entry for the hype of virtual currency. Virtual currency is a kind of high-risk and high-yield investment proct in China, so investment should be cautious! We need to pay attention to the following points when investing in virtual currency:
1. Whether this kind of currency has a good application scenario planning, such as Ruitai currency and thousand gold card
2. Whether it can be traded at any time and whether there is a trading platform
3. Whether the information of the development and operation team is open and transparent
4. Direct currency, subscription currency, split currency and compound currency are recommended.