Ethereum health industry
bitcoin network is actually a set of distributed database, while Ethereum can be further seen as a distributed computer: the blockchain is the ROM of the computer, the contract is the program, and the miners of Ethereum are responsible for the calculation and play the role of CPU. This computer is not and can't be used for free, otherwise anyone can store all kinds of junk information and perform all kinds of trivial calculations in it. To use it, you need to pay at least the calculation fee and storage fee, as well as other expenses
the most famous enterprise Ethereum alliance was established in early 2017 by more than 20 top financial institutions and technology companies in the world, including JPMorgan Chase, Chicago Board of exchange group, Bank of New York Mellon, Thomson Reuters, Microsoft, Intel and Accenture. And Ethereum's cryptocurrency, Ethereum, has recently become a popular asset after bitcoin
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has a high market value, and ethereal classic is well-known in the top 15
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in the market value of digital currency market. As a forked currency of Ethereum, Ethereum has a certain reputation
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and relatively stable fluctuations. Compared with air currency, Ethereum classic is less volatile
a better digital currency trading platform "currency exchange"
Blockchain 1.0 era usually refers to the development stage of blockchain application represented by bitcoin from 2009 to 2014. They are mainly committed to solving the problem of decentralization of currency and means of payment; After 2014, developers pay more and more attention to solve the technical and scalability problems of bitcoin. At the end of 2013, vitalik buterin released Ethereum white paper "Ethereum: next generation smart contract and decentralized application platform", which introced smart contract into blockchain and opened the application of blockchain outside the currency field, thus opening the era of blockchain 2.0< The so-called smart contract is actually a kind of computer contract that can be automatically executed based on prescribed trigger rules. It can also be regarded as a digital version of traditional contract. It was proposed by interdisciplinary legal scholar and cryptography researcher Nick Szabo more than 20 years ago. This technology was once not used in the actual instry because of the lack of programmable digital system and related technologies, until the emergence of blockchain technology and Ethereum provided a trusted execution environment for it
compared with bitcoin, Ethereum is a complete scripting language of Turing, which supports developers to create and publish arbitrary decentralized applications on the platform. Since its birth, there have been more than 200 decentralized applications based on Ethereum in the world
the chief researcher of bitwindow blockchain said: in the era of blockchain 2.0 represented by Ethereum, blockchain technology has graally expanded from the field of currency and payment to the field of finance. With the development of technology and the wider application of blockchain, the era of blockchain 3.0 beyond the monetary and financial fields will be around the corner. This article is excerpted from bitwindow. China's professional blockchain and digital currency instry analyzes the media, and adheres to a neutral, objective and dialectical attitude to understand and interpret the latest trends of blockchain and digital currency
Ethereum Community Foundation (ECF) is a non-profit organization. Its original idea was to give community projects a bonus to support incubation of early projects and research. Then in 2018, omisego, Golem, status, maker, Web3 (Polkadot), cosmos and ef (Ethereum Fund) were set up in Tokyo as consultants
ECF 2.0 is the upgrade of ECF, which has two core goals:
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coordinate community relations through various harmonious ways, such as bonus, strategic and business support, and community activities
in order to become an open capital network, ECF emphasizes its initial vision, which is to form a network with various funds to realize the support and contribution to the community
In addition, ECF 2.0 upgrade will not only support non-profit infrastructure projects, ecation programs, instrial community activities, but also support application and tool development, and even commercial projectsthe concept of Ethereum was first proposed by vitalik buterin, a programmer, from 2013 to 2014, inspired by bitcoin, to the effect of "next generation cryptocurrency and decentralized application platform". It began to develop through ICO crowdfunding in 2014<
OAS is the world's first blockchain environmental protection technology and energy management system issued by oases. It is jointly released and established by Singapore oases foundation and EPC foundation of the United States. It aims to solve the problem of how to rece environmental pollution, rece energy consumption and monitor emissions worldwide by using blockchain technology and combining with real economy instry, And the collection of environmental big data and other issues to provide a perfect solution to build a more environmentally friendly and energy-saving world
in comparison, although OAS is later than Ethereum, its innovative combination of blockchain and environmental protection has a better development prospect.
for a long time, Ethernet has been regarded as a strong competitor of bitcoin. It wasn't until Andreas antonopoulos claimed that Ethernet was no longer a competitor of bitcoin, which triggered a heated discussion on social networks
people begin to compare the two and discuss the differences in investment and transaction between the two digital currencies< According to Chris burniske, analyst and blockchain proct director of ark investment management company, bitcoin is more used for hedging, while Ethereum, which relies on Ethereum to execute smart contracts, is more seen as a trading tool
bitcoin and Ethereum systems are built on the basis of blockchain, in which transactions will be recorded publicly, making currency and asset transactions more convenient and preferential, eliminating the cumbersome middleman
in December 2015, the price of Ethernet currency was less than US $1, but now it has risen to US $15, nearly 15 times in just six months. This achievement is attributed to Ethereum, whose financial contracts are completely executed by software, which has attracted a large number of users to invest
with the previous example of Ethereum, the success of Dao (decentralized autonomous organization) is nothing to make a fuss about. The crowdfunding platform supported by Ethereum raised nearly $150 million from more than 10000 anonymous users. Each participant is given the right to vote, they can allocate funds, choose projects, once the investment project is successful, they can also get a certain degree of dividend reward< At present, there are 670 bitcoin ATMs in the world, and thousands of outlets support bitcoin payment. Unlike bitcoin, Ethereum has not yet emerged in the field of electronic payment. At present, the main purpose of Ethereum is to support Ethereum network (such as Dao) to run programs<
David ccini, executive director of the strength in numbers foundation, said:
users have different expectations for Ethernet and bitcoin. Both cryptocurrencies can be used for speculation, but the original function of Ethernet currency is to support the operation of applications. Therefore, users need enough Ethernet coins to run their own app. This is also the problem faced by Dao - unless Dao can continuously generate new Ethernet coins, the payment platform will be in danger of outage.
I think the main reason for the price increase of hundreds of counterfeit currencies is that virtual currencies are very hot now. Take bitcoin and Ethereum for example, they have all risen several times or even dozens of times and many people who don't make money in bitcoin or Ethereum will focus on some counterfeit currencies, because the price of these counterfeit currencies is very low and may rise to such a high price as Ethereum in the future. They are all predicting investment. When there is a lot of money to buy Shanzhai coin, of course, the price of Shanzhai coin will be speculation The soaring of p>
virtual currency is the bubble
. I think the hot money of virtual currency is a bubble. Until a certain time, when the bubble breaks, many people will lose their blood. Because most people are ordinary people, they don't have too much capital, and these retail investors have little control over the market. And this kind of counterfeit currency is controlled by big capital, they can decide the rise and fall of counterfeit currency, and virtual currency has no market supervision, so investment is very dangerous
conclusion: in fact, every once in a while, this kind of virtual currency will go through a period of sharp rise, and then go into a low period of sharp fall, reaping some people's investment. In fact, these are all capitalist games, and those who lose money in the virtual money market are ordinary people, and those who earn money are capital. So many people call these ordinary investors leeks
energy chain is an open source public blockchain platform with smart contract function, which provides decentralized virtual machine (energy virtual machine) to process point-to-point contract through its private cryptocurrency (enyc)
Chinese Name: energy chain
attribute: blockchain big health platform
foreign name: energy chain
founder: John Charles
background
bitcoin created the first decentralized cryptocurrency, and has fully tested the feasibility and security of blockchain technology in more than five years. In fact, bitcoin's blockchain is a set of distributed database. If a symbol bitcoin is added into it and a set of protocol is specified, the symbol can be transferred safely on the database without trusting a third party. The combination of these features perfectly constructs a currency transmission system bitcoin network
Ethereum develops a blockchain based on bitcoin network congestion, and creates a platform based on the underlying technology of blockchain. The program is installed in this virtual machine system. If it is a virtual machine, it is not very different from the current one. However, the whole Ethereum system can be joined by any computer in the world. As long as each computer is installed with Ethereum client, it can become a node and a virtual machine of Ethereum. Therefore, if the scale of the whole Ethereum system is further developed in the future, It can be said that it is a global supercomputer system. Everyone can develop programs to run on this supercomputer. Moreover, the advantage of this mode is that the current cloud servers are centralized and centralized. There may be several backups, but once they die, they cannot run. However, the point-to-point network feature is that even if several nodes are offline or attacked, some of them are running, and the whole system can still run, with high risk and error resistance
EOS creates a developer friendly underlying platform of blockchain, which is similar to the operating system of blockchain. It has powerful performance, can support multiple applications running at the same time, and can support multiple programming languages at the same time. It provides developers with underlying moles for developing DAPP and reces the development threshold
opportunity, bitcoin, Ethereum and EOS are the infrastructure of the opportunity instry, which fail to achieve effective application
enyc is based on the underlying platform of instry blockchain developed in the field of big health, which is similar to the underlying operating system of big health instry. The core algorithm of enyc is ethash (an improved version of dagger Hashimoto algorithm), which includes finding the random number input of the algorithm to make the result lower than a specific difficulty threshold. To find such a random number, there is no better strategy than listing the possibilities, and the verification of the solution is trivial and cheap. Since the output is evenly distributed (as a result of the application of the hash table function), we can guarantee that, on average, the time needed to find such a random number depends on the difficulty threshold. This makes it possible to control the time to find a new block only by manipulating the difficulty
design principle
conciseness principle
enyc protocol will be as simple as possible, even at the cost of some data storage and time inefficiency. An ordinary programmer can also perfectly implement the complete development instructions. This will ultimately help to rece the possible impact of any particular indivial or elite group on the agreement, and promote the prospect of enyc as an open agreement for all. Optimizations that add complexity will not be accepted unless they provide very fundamental benefits
General principles
the absence of "features" is a fundamental part of enyc's design philosophy. Instead, enyc provides a Turing complete scripting language within the health instry for users to build any smart contract or transaction type that can be precisely defined. To build a full-scale daemon or Skynet, you may need thousands of interlocking contracts and be sure to feed them generously, anything is possible
molarity principle
different parts of enyc should be designed based on molarity and separability of big health instry. In the development process, it should be easy to make a small change in the protocol somewhere, while the application layer can continue to run normally without any change. Ethereum development should do these things to the greatest extent to help the whole cryptocurrency ecosystem, not just itself
the principle of non discrimination
the agreement should not actively attempt to restrict or hinder specific categories or usages, and all regulatory mechanisms in the agreement should be designed to directly monitor hazards, and should not attempt to oppose specific unpopular applications. People can even run an infinite loop script on ency, as long as they are willing to pay the transaction cost calculated according to the calculation steps
functional application
enyc is a big health instry platform, which provides various moles for users to build applications. If building instry applications is compared to building houses, then enyc provides walls, roofs, floors and other moles. Users only need to build houses like building blocks, so the cost and speed of building applications on enyc are greatly improved. Specifically, enyc builds applications through a set of Turing complete scripting language (EVM language for short). It is similar to assembly language. We know that it is very painful to program directly in assembly language, but programming in enyc does not need to use EVM language directly, but is similar to C language, python, lisp and other high-level languages, Then it is translated into EVM language by compiler
the application on the platform mentioned above is actually a contract, which is the core of enyc. A contract is an automatic agent living in the enyc system. It has its own enycoin address. When a user sends a transaction to the address of the contract, the contract will be activated. Then, according to the additional information in the transaction, the contract will run its own code, and finally return a result, which may be another transaction from the address of the contract. It should be pointed out that transactions in enyc not only send enyc, but also embed a lot of additional information. If a transaction is sent to a contract, then this information is very important, because the contract will complete its business logic based on this information
the business that the contract can provide is almost endless, and its boundary is your imagination, because Turing's complete language provides a complete degree of freedom, allowing users to build a variety of applications in the big health instry.
