Who invented Ethereum
bitcoin is a digital currency designed by Nakamoto in 2009. The identity of its founder "Nakamoto" has always been a mystery. Rumors about "father of bitcoin" involve from the US National Security Agency to financial experts, and also give bitcoin a mysterious aura. Matcha exchange can find out more about Ethereum bitcoin
what is Ethereum:
Ethereum is an innovation based on the application of technologies and concepts in bitcoin to computers. Ethereum itself imitates a lot of bitcoin technology to maintain the computer platform. blockchain technology is one of them
Ethereum platform can safely run any program users want
advantages of Ethereum over other competitive currencies before Ethereum appeared, some digital currencies imitated bitcoin. However, these projects have their own shortcomings, they can only support one or several specific applications at the same time< However, the reason why Ethereum can surpass the limitations of these projects in the past is because of the core idea of Ethereum
what Ethereum wants to implement is a blockchain protocol with built-in programming language. Since it supports programming language, in theory, any blockchain application can be defined with this language, and then run on Ethereum's blockchain protocol as an application
The design of Ethereum is very flexible and adaptable
Ethereum target sets the advantages of blockchain technology, in order to add the advantages of blockchain, such as decentralization, openness and security, to almost all computing fields
blockchain applications of Ethereum
Ethereum has many blockchain applications, such as digital applications of gold and stocks, financial derivatives applications, DNS and digital authentication, etc
Ethereum has achieved more than 100 blockchain applications by many start-ups
Ethereum has also been closely watched by some financial institutions, banking consortia (such as R3), as well as large companies like Samsung, Deloitte, RWE and IBM. As a result, a number of blockchain applications such as simplified and automated financial transactions, merchant loyalty index tracking, and gift cards designed to achieve decentralization of electronic transactions have emerged
the relationship between Ethereum and blockchain:
Ethereum is a programmable blockchain
Ethereum does not give users a series of preset operations (such as bitcoin transaction), but allows users to create complex operations according to their own wishes
in this way, Ethereum can be used as a platform for various types of decentralized blockchain applications, including but not limited to cryptocurrency
like other blockchains, Ethereum also has a peer-to-peer network protocol. Ethereum blockchain database is maintained and updated by many nodes connected to the network. Each network node runs the Ethereum simulator and executes the same instructions. Therefore, people sometimes call Ethereum "world computer"
Ethereum is an open source public blockchain platform with smart contract function, which provides decentralized virtual machine (Ethereum virtual machine) to process point-to-point contract through its special cryptocurrency Ethereum. The concept of Ethereum was first inspired by bitcoin by vitalik buterin, a programmer, between 2013 and 2014, and now it's 2.0. Ethereum 2.0 is also something that the whole coin circle is waiting for. In order to celebrate the birth of the genesis block of eth2.0 on December 1, chinacoin officially supports the exchange of eth2.0 verification nodes at 17:00 Hong Kong time on November 20, 2020. It will invest its own eth in the verification node mining and exchange qeth to obtain liquidity. It will participate in the mining as soon as the exchange is received. Now it will give back to the user's welfare. The top 1000 eth enjoy the over exchange of qeth according to the ratio of 1:1.02. Compared with eth2.0, qeth has too many advantages: liquidity is guaranteed, users do not need to bear the technical cost, the threshold of participation does not need 32 eth, as low as 0.1eth, nodes are maintained by the platform, and the revenue is distributed according to eth2.0< br /> < br /> < br />
The bitcoin white paper was first published at the end of 2008, when the creators sent it to multiple recipients on an encrypted mailing list. Strangely, its creator pretended to be Satoshi Nakamoto, hiding behind the pseudonym
Another reason for Nakamoto's anonymity can be explained as that the creators of alternative currencies easily put themselves at risk In 1998, Hawaiian resident Bernard von nohaus created a private currency called free dollar. It has been popular for some time, but its coinage was suddenly raided by the FBI and secret service in 2007. After a criminal lawsuit in 2009, the money was confiscated and Bernard von norhaus was convicted of "making private coins that compete with the official currency of the United States." In addition, in 2007, a digital currency called e-gold was accused of being illegal because it did not collect enough customer information. Its owner was sentenced to house arrest and the company was shut down. The arrest of entrepreneurs in alternative currencies by government agencies may have been a factor in China's decision to remain anonymouseveryone can use bitcoin. This means it can be used to pay for legal and illegal services, as well as legal bids however, it has always been a popular payment method in the black net market. Ross Ulbricht, the notorious dark Internet market maker and operator, was jailed for facilitating the trading of drugs and other contraband
Ross Ulbricht appealed to the US Supreme Court in December 2017, but is still in prison. If Nakamoto reveals his true identity, it can be inferred that he may face a similar fate
who would he be
in 2016, Craig Wright, an Australian programmer, claimed to be Chinese. He provided some evidence, but later found that it was not conclusive because it could be obtained publicly from books. He was also accused of falsifying announcements and blog posts to show his real Chinese version. For example, vitalik buterin, founder of Ethereum, recently called Craig white a liar
The other is Hal Finney. He is a famous cryptopunk and Cryptologist. He was also the first person to receive bitcoin from Nakamoto in 2009. He was also the first to download a bitcoin client. Before his death in 2014, however, Hal fini refuted the claim that he was Chinese Some people think that Nick Saab, a famous Cryptologist, may be Nakamoto. Before the launch of bitcoin, he designed the architecture of distributed digital currency, which he called bitcoin. Although the architecture has never been moved, it is similar to the design of bitcoin. This led to widespread speculation. But he repeatedly denied italthough the real identity of Nakamoto may never be disclosed, it is important that the operation of the technology will not be affected
