How to make Ethereum token
Publish: 2021-05-08 07:07:52
1. You can choose to trade in the digital currency exchange. At present, the mainstream digital currency exchanges in the market are coin security, fire currency and bitnet.
2. Xiao, who don't have much spare money, want to be big again. They pay thousands of yuan for the community such as Huo chain blockchain academy, and they can earn ten times as much when the market comes; Only bitcoin and Ethereum will earn the least, with little risk.
3. The token of Ethereum is proced in the process of mining, with a mining rate of 5 Ethereum coins per piece. The mining process of Ethereum is almost the same as that of bitcoin. For each transaction, miners can use the computer to run the unique title metadata of the block through hash function, and guess the answer repeatedly and quickly until one of them wins
many new users believe that the sole purpose of mining is to generate ether in a way that does not require a central issuer (see our guide "what is ether?"). It's true. The token of Ethereum is proced in the process of mining, with a mining rate of 5 Ethereum coins per piece. But mining is at least as important. Usually, banks are responsible for keeping accurate records of transactions. They make sure that money is not created out of thin air and that users don't cheat and spend money many times. However, blockchain introces a new way to keep records, the whole network instead of intermediary, to verify transactions and add them to the public ledger
Ethereum mining
although "no trust" or "trust minimization" monetary system is the goal, there are still people who need to ensure the security of financial records and ensure that no one cheats. Mining is one of the innovations that makes decentralized records possible. Miners have reached a consensus on the history of transactions in terms of preventing fraud (especially double spending on ether) - an interesting issue that hasn't been addressed before the decentralized currency works on the blockchain. While Ethereum is looking at other ways to reach a consensus on the effectiveness of the deal, mining currently keeps the platform together
how mining works
today, the mining process of Ethereum is almost the same as that of bitcoin. For each transaction, the miner can use the computer to guess the answer repeatedly and quickly until one of them wins. More specifically, the miner will run the unique header metadata (including time stamp and software version) of the block through the hash function (which will return a fixed length, unordered string of numbers and letters, which appears to be random), changing only the 'nonce value', which will affect the hash value of the result
if the miner finds a hash that matches the current target, the miner will be granted ether and broadcast the block across the network for each node to verify and add to their own ledger . If miner B finds the hash, miner a stops working on the current block and repeats the process for the next block. It's hard for miners to cheat in this game. There is no way to fake the work and come up with the right answer to the puzzle. That's why solving puzzles is called "proof of work."
on the other hand, others have little time to verify whether the hash value is correct, which is exactly what each node does. About every 12-15 seconds, a miner finds a stone. If the miner starts to solve the puzzle faster or slower than this, the algorithm will automatically re adjust the difficulty of the problem so that the miner can rebound to about 12 seconds of solution time
miners earn these ethers randomly, and their profitability depends on their luck and the computing power they put in. The specific workload verification algorithm used by Ethereum is called "ethash", which aims to require more memory, making it difficult to mine with expensive ASIC. Special mining chips are now the only profitable way to mine bitcoin
in a sense, ethash may have achieved this goal successfully, because dedicated ASIC is not available for Ethereum (at least not yet). In addition, as Ethereum aims to shift from proof of work mining to "proof of equity" (which we will discuss below), buying ASIC may not be a wise choice because it may not prove useful for a long time< However, Ethereum may never need miners. Developers plan to abandon proof of work, the algorithm currently used by the network to determine which transactions are valid and protect them from tampering to support proof of equity, which is guaranteed by token owners. If and when the algorithm is launched, proof of equity can become a means to achieve distributed consensus, and the consensus uses less resources.
many new users believe that the sole purpose of mining is to generate ether in a way that does not require a central issuer (see our guide "what is ether?"). It's true. The token of Ethereum is proced in the process of mining, with a mining rate of 5 Ethereum coins per piece. But mining is at least as important. Usually, banks are responsible for keeping accurate records of transactions. They make sure that money is not created out of thin air and that users don't cheat and spend money many times. However, blockchain introces a new way to keep records, the whole network instead of intermediary, to verify transactions and add them to the public ledger
Ethereum mining
although "no trust" or "trust minimization" monetary system is the goal, there are still people who need to ensure the security of financial records and ensure that no one cheats. Mining is one of the innovations that makes decentralized records possible. Miners have reached a consensus on the history of transactions in terms of preventing fraud (especially double spending on ether) - an interesting issue that hasn't been addressed before the decentralized currency works on the blockchain. While Ethereum is looking at other ways to reach a consensus on the effectiveness of the deal, mining currently keeps the platform together
how mining works
today, the mining process of Ethereum is almost the same as that of bitcoin. For each transaction, the miner can use the computer to guess the answer repeatedly and quickly until one of them wins. More specifically, the miner will run the unique header metadata (including time stamp and software version) of the block through the hash function (which will return a fixed length, unordered string of numbers and letters, which appears to be random), changing only the 'nonce value', which will affect the hash value of the result
if the miner finds a hash that matches the current target, the miner will be granted ether and broadcast the block across the network for each node to verify and add to their own ledger . If miner B finds the hash, miner a stops working on the current block and repeats the process for the next block. It's hard for miners to cheat in this game. There is no way to fake the work and come up with the right answer to the puzzle. That's why solving puzzles is called "proof of work."
on the other hand, others have little time to verify whether the hash value is correct, which is exactly what each node does. About every 12-15 seconds, a miner finds a stone. If the miner starts to solve the puzzle faster or slower than this, the algorithm will automatically re adjust the difficulty of the problem so that the miner can rebound to about 12 seconds of solution time
miners earn these ethers randomly, and their profitability depends on their luck and the computing power they put in. The specific workload verification algorithm used by Ethereum is called "ethash", which aims to require more memory, making it difficult to mine with expensive ASIC. Special mining chips are now the only profitable way to mine bitcoin
in a sense, ethash may have achieved this goal successfully, because dedicated ASIC is not available for Ethereum (at least not yet). In addition, as Ethereum aims to shift from proof of work mining to "proof of equity" (which we will discuss below), buying ASIC may not be a wise choice because it may not prove useful for a long time< However, Ethereum may never need miners. Developers plan to abandon proof of work, the algorithm currently used by the network to determine which transactions are valid and protect them from tampering to support proof of equity, which is guaranteed by token owners. If and when the algorithm is launched, proof of equity can become a means to achieve distributed consensus, and the consensus uses less resources.
4. The core component is the graphics card, which accounts for about 80% of the cost, followed by the motherboard and power supply, with high configuration. If you're digging deep in the mountains with a large mining machine. If personal computers are not enough for electricity, you can also choose crowdfunding mining machine... And now mining is generally in the place where electricity is cheaper, and the money is usually directly linked to the platform (currency exchange trading platform). Personal suggestions should be considered. After all, electricity is not enough.
5. Progress of Wu Ying case:
February 13, 2007: Wu Ying was detained by criminal law
Wu Ying, Zhejiang's "hundreds of millions of rich sisters in Dongyang", who had attracted attention at home and abroad for creating the myth of "overnight wealth", was recently detained by the Public Security Bureau of Dongyang City, Zhejiang Province. At present, Dongyang municipal government has started to check the assets and capital of Wu Ying's "Bense group". More than 700 employees of the group have been paid in advance by the municipal government, and the relevant disposal work is proceeding in an orderly manner
March 16, 2007: Wu Ying was approved for arrest
with the approval of Dongyang people's Procuratorate, Wu Ying, 26, chairman of Bense group, was arrested by Dongyang Public Security Bureau on March 16, Zhejiang Province after 37 days of criminal detention for suspected illegal absorption of public deposits< On February 25, 2008, Zhejiang court accepted the case of Wu Ying suspected of illegal fund-raising.
the people's Court of Dongyang City, Zhejiang Province, has formally accepted the prosecution against Wu Ying and Bense Holding Group Co., Ltd., which were accused of illegally absorbing more than 700 million yuan of public deposits. At the same time, Lin Weiping and other seven people were prosecuted< December 18, 2009: Wu Ying was sentenced to death for fund-raising fraud in the first instance
Jinhua intermediate people's court made a first instance judgment, sentenced the defendant Wu Ying to death for the crime of fund-raising fraud, deprived of political rights for life, and confiscated all his personal property
December 28, 2009: Wu Ying filed an appeal against the death sentence of the first instance
in the appeal petition, Wu Ying put forward five appeal reasons, believing that her behavior did not constitute the crime of fund-raising fraud, and hoped that the court of second instance could change the sentence according to law< On April 7, 2011, Wu Ying admitted the crime of illegally absorbing public deposits in the court of second instance
Zhejiang Provincial Higher People's court held a court session in Jinhua intermediate people's court to conct the second instance of Wu Ying case. In the second instance, Wu Ying's defense lawyer still defended her innocence. Wu Ying pleaded guilty in court, admitting that she had been prosecuted by Dongyang City procuratorate for the crime of illegally raising public deposits< January 18, 2012: the second instance of Zhejiang Higher People's Court upheld Wu Ying's death sentence
the higher people's Court of Zhejiang Province pronounced a sentence in the second instance of the Wu Ying case, ruled to reject the defendant Wu Ying's appeal, upheld the death sentence of the defendant Wu Ying, and submitted it to the Supreme People's court for review in accordance with the law< April 20, 2012: the Supreme People's court did not approve Wu Ying's death sentence and sent it back to Zhejiang high court for retrial
after the Supreme People's court accepted the review case of the defendant Wu Ying's capital raising fraud death sentence, it formed a collegial panel according to law, reviewed all the file materials and interrogated the defendant, and now the review has been completed. On April 20, the Supreme People's court ruled in accordance with the law not to approve Wu Ying's death penalty and sent the case back to the higher people's Court of Zhejiang Province for retrial< May 21, 2012: Wu Ying's death sentence was changed to a reprieve in the retrial of the case of fund-raising fraud
after the retrial, the Zhejiang Provincial Higher People's court made the final judgment on Wu Ying's case, sentenced the defendant Wu Ying to death for the crime of fund-raising fraud, suspended for two years, deprived of political rights for life, and confiscated all his personal property
on June 5, 2014, the Dongyang municipal government took the lead in setting up a "Wu Ying case asset disposal group" with personnel from the court, public security, land, housing management, state owned assets, instry and commerce as members of the disposal group and vice mayor Chen Jun as leader. At the same time, five creditors, including Lin Weiping, were invited to set up a Wu Ying case asset disposal supervision group to supervise the whole process of asset disposal
on July 23, 2014, Lin Wencai, Wu Ying's entrusted agent, applied to Dongyang municipal government for Chen Jun's withdrawal on the ground that Chen Jun had bribed Wu Ying for more than 100000 yuan before the accident
on September 4, 2014, Dongyang Procuratorate of Zhejiang Province made a decision not to approve the arrest of Wu Yongzheng and Lin Wencai for the crime of false accusation and frame up. The criminal compulsory measure of the two persons was changed to l pending trial< Latest progress:
on July 11, 2014, the commutation case of Wu Ying, Zhejiang's "hundred million rich sister", was tried in Zhejiang women's prison. The court ruled that Wu Ying's sentence was commuted from death sentence suspension to life imprisonment< On May 21, 2012, Wu Ying, the former legal representative of Zhejiang Bense Holding Group Co., Ltd., was sentenced to death by Zhejiang Provincial Higher People's Court (hereinafter referred to as Zhejiang Provincial High Court) with a two-year reprieve for the crime of fund-raising fraud< In order to determine whether Wu Ying meets the conditions of death sentence suspension and commutation stipulated in the eighth amendment to the criminal law, the court decided to hold a court session to hear her commutation case. According to the announcement (2014) zxzz No. 484 of Zhejiang Provincial High Court published by zhefa.com, the court session was held at 9:30 a.m. on July 11 in Zhejiang women's prison, and the trial method was open trial< According to the law, the death penalty is suspended. If there is no intentional crime ring the period of suspension of execution, it will be reced to life imprisonment after the expiration of the period. If there is a major meritorious performance, it will be reced to 25 years' imprisonment. If there is an intentional crime, the death penalty will be executed by the Supreme Court
according to the final judgment, the value of Wu Ying's property seized is 170 million yuan. However, Wu Ying thinks that the appraisal conclusion is obviously on the low side and many assets are missing
on February 20, 2013, Wu Ying's family submitted a criminal complaint to the Supreme People's court, demanding that the (2012) zhe Xing Er Chong Zi No. 1 criminal judgment made by the Zhejiang Provincial High People's court be annulled according to law, and that Wu Ying's assets can fully pay off her debts
according to the relevant provisions of the criminal procere law, if the Zhejiang Provincial High Court accepts the above appeal and files a case, it should make a decision within 3-6 months. However, Zhu Jianwei said that the Zhejiang Provincial High Court has not yet made an acceptance reply to the complaint, but has not told it that it will not accept it, which is still pending, making it impossible for them to take the next action. There are still several administrative and civil proceedings in the Wu Ying case, but there is no progress at present
on March 26, 2015, Wu Ying's lawyers Zhu Jianwei and LV Haibo went to Dongyang, Zhejiang province again. After discussing with Wu Ying's father Wu Yongzheng, they decided to submit a supplementary petition to Zhejiang Provincial High Court and other departments by express mail, which may usher in a new dawn for Wu Ying's case
at the same time, in early March, the State Affairs Office of the CPC Central Committee issued the opinions on further standardizing the disposal of property involved in criminal proceedings, demanding to solve such prominent problems as unfair justice, corruption and perversion of the law in the process of disposal of property involved in criminal proceedings. Wu Ying's lawyers pointed out that there are many irregularities and even violations in the disposal of the assets involved in the case. They will urge the relevant parties to implement the spirit of the above documents.
February 13, 2007: Wu Ying was detained by criminal law
Wu Ying, Zhejiang's "hundreds of millions of rich sisters in Dongyang", who had attracted attention at home and abroad for creating the myth of "overnight wealth", was recently detained by the Public Security Bureau of Dongyang City, Zhejiang Province. At present, Dongyang municipal government has started to check the assets and capital of Wu Ying's "Bense group". More than 700 employees of the group have been paid in advance by the municipal government, and the relevant disposal work is proceeding in an orderly manner
March 16, 2007: Wu Ying was approved for arrest
with the approval of Dongyang people's Procuratorate, Wu Ying, 26, chairman of Bense group, was arrested by Dongyang Public Security Bureau on March 16, Zhejiang Province after 37 days of criminal detention for suspected illegal absorption of public deposits< On February 25, 2008, Zhejiang court accepted the case of Wu Ying suspected of illegal fund-raising.
the people's Court of Dongyang City, Zhejiang Province, has formally accepted the prosecution against Wu Ying and Bense Holding Group Co., Ltd., which were accused of illegally absorbing more than 700 million yuan of public deposits. At the same time, Lin Weiping and other seven people were prosecuted< December 18, 2009: Wu Ying was sentenced to death for fund-raising fraud in the first instance
Jinhua intermediate people's court made a first instance judgment, sentenced the defendant Wu Ying to death for the crime of fund-raising fraud, deprived of political rights for life, and confiscated all his personal property
December 28, 2009: Wu Ying filed an appeal against the death sentence of the first instance
in the appeal petition, Wu Ying put forward five appeal reasons, believing that her behavior did not constitute the crime of fund-raising fraud, and hoped that the court of second instance could change the sentence according to law< On April 7, 2011, Wu Ying admitted the crime of illegally absorbing public deposits in the court of second instance
Zhejiang Provincial Higher People's court held a court session in Jinhua intermediate people's court to conct the second instance of Wu Ying case. In the second instance, Wu Ying's defense lawyer still defended her innocence. Wu Ying pleaded guilty in court, admitting that she had been prosecuted by Dongyang City procuratorate for the crime of illegally raising public deposits< January 18, 2012: the second instance of Zhejiang Higher People's Court upheld Wu Ying's death sentence
the higher people's Court of Zhejiang Province pronounced a sentence in the second instance of the Wu Ying case, ruled to reject the defendant Wu Ying's appeal, upheld the death sentence of the defendant Wu Ying, and submitted it to the Supreme People's court for review in accordance with the law< April 20, 2012: the Supreme People's court did not approve Wu Ying's death sentence and sent it back to Zhejiang high court for retrial
after the Supreme People's court accepted the review case of the defendant Wu Ying's capital raising fraud death sentence, it formed a collegial panel according to law, reviewed all the file materials and interrogated the defendant, and now the review has been completed. On April 20, the Supreme People's court ruled in accordance with the law not to approve Wu Ying's death penalty and sent the case back to the higher people's Court of Zhejiang Province for retrial< May 21, 2012: Wu Ying's death sentence was changed to a reprieve in the retrial of the case of fund-raising fraud
after the retrial, the Zhejiang Provincial Higher People's court made the final judgment on Wu Ying's case, sentenced the defendant Wu Ying to death for the crime of fund-raising fraud, suspended for two years, deprived of political rights for life, and confiscated all his personal property
on June 5, 2014, the Dongyang municipal government took the lead in setting up a "Wu Ying case asset disposal group" with personnel from the court, public security, land, housing management, state owned assets, instry and commerce as members of the disposal group and vice mayor Chen Jun as leader. At the same time, five creditors, including Lin Weiping, were invited to set up a Wu Ying case asset disposal supervision group to supervise the whole process of asset disposal
on July 23, 2014, Lin Wencai, Wu Ying's entrusted agent, applied to Dongyang municipal government for Chen Jun's withdrawal on the ground that Chen Jun had bribed Wu Ying for more than 100000 yuan before the accident
on September 4, 2014, Dongyang Procuratorate of Zhejiang Province made a decision not to approve the arrest of Wu Yongzheng and Lin Wencai for the crime of false accusation and frame up. The criminal compulsory measure of the two persons was changed to l pending trial< Latest progress:
on July 11, 2014, the commutation case of Wu Ying, Zhejiang's "hundred million rich sister", was tried in Zhejiang women's prison. The court ruled that Wu Ying's sentence was commuted from death sentence suspension to life imprisonment< On May 21, 2012, Wu Ying, the former legal representative of Zhejiang Bense Holding Group Co., Ltd., was sentenced to death by Zhejiang Provincial Higher People's Court (hereinafter referred to as Zhejiang Provincial High Court) with a two-year reprieve for the crime of fund-raising fraud< In order to determine whether Wu Ying meets the conditions of death sentence suspension and commutation stipulated in the eighth amendment to the criminal law, the court decided to hold a court session to hear her commutation case. According to the announcement (2014) zxzz No. 484 of Zhejiang Provincial High Court published by zhefa.com, the court session was held at 9:30 a.m. on July 11 in Zhejiang women's prison, and the trial method was open trial< According to the law, the death penalty is suspended. If there is no intentional crime ring the period of suspension of execution, it will be reced to life imprisonment after the expiration of the period. If there is a major meritorious performance, it will be reced to 25 years' imprisonment. If there is an intentional crime, the death penalty will be executed by the Supreme Court
according to the final judgment, the value of Wu Ying's property seized is 170 million yuan. However, Wu Ying thinks that the appraisal conclusion is obviously on the low side and many assets are missing
on February 20, 2013, Wu Ying's family submitted a criminal complaint to the Supreme People's court, demanding that the (2012) zhe Xing Er Chong Zi No. 1 criminal judgment made by the Zhejiang Provincial High People's court be annulled according to law, and that Wu Ying's assets can fully pay off her debts
according to the relevant provisions of the criminal procere law, if the Zhejiang Provincial High Court accepts the above appeal and files a case, it should make a decision within 3-6 months. However, Zhu Jianwei said that the Zhejiang Provincial High Court has not yet made an acceptance reply to the complaint, but has not told it that it will not accept it, which is still pending, making it impossible for them to take the next action. There are still several administrative and civil proceedings in the Wu Ying case, but there is no progress at present
on March 26, 2015, Wu Ying's lawyers Zhu Jianwei and LV Haibo went to Dongyang, Zhejiang province again. After discussing with Wu Ying's father Wu Yongzheng, they decided to submit a supplementary petition to Zhejiang Provincial High Court and other departments by express mail, which may usher in a new dawn for Wu Ying's case
at the same time, in early March, the State Affairs Office of the CPC Central Committee issued the opinions on further standardizing the disposal of property involved in criminal proceedings, demanding to solve such prominent problems as unfair justice, corruption and perversion of the law in the process of disposal of property involved in criminal proceedings. Wu Ying's lawyers pointed out that there are many irregularities and even violations in the disposal of the assets involved in the case. They will urge the relevant parties to implement the spirit of the above documents.
6. < UL >
with the rapid heating up of bitcoin market and the improvement of public recognition for bitcoin, Yunfeng devotes itself to nt1419 mining as a flexible and efficient way to obtain bitcoin, which will graally become the mainstream of the market. At home and abroad, bitcoin chips, mining machine manufacturers, mining machine agents, trading platforms, and even bitcoin media and application manufacturers have begun to covet the market. In addition to the mainstream computing platform, the recently emerging new Guojin mining treasure has become a dark horse in the market
7. No, I can't. let's switch to other ways
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