Which mainstream currencies are Ethereum's smart contracts
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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
Thank you for your recommendation. Here I would like to share with you the following:
forsage international crowdfunding, the revolutionary smart contract technology of the new generation platform, originated from the development of Russian technical team, provides distributed market participants with the ability to directly engage in personal and commercial transactions. The smart contract of forsage distributed global shared matrix project is open and can always be viewed on the Ethereum blockchain. These are real smart contracts, which will be implemented on the Ethereum public chain forever without any third party tampering. The global shared matrix project is completely decentralized, aiming to preach Ethereum, so that more players can know Ethereum, smart contracts and forsage code btshijie
what is Ethereum
Ethereum is often compared with bitcoin, but the situation is different. Bitcoin is a kind of cryptocurrency and distributed payment network, which allows bitcoin to be transferred between users
the Ethereum project has a bigger goal. As Ethereum said, "Ethereum is a distributed platform running smart contracts.". These smart contracts run on "Ethereum virtual machine", a distributed computing network composed of all devices running Ethernet nodes
"distributed platform" means that anyone can set up and run an Ethereum node just as anyone can run a bitcoin node. Anyone who wants to run "smart contracts" on nodes must pay the operators of these nodes in ether, which is a cryptocurrency related to Ethereum. Therefore, the person running the Ethernet node provides computing power and gets paid in the Ethernet, which is similar to the way that the person running the bitcoin node provides hash power and pays in bitcoin
in other words, although bitcoin is only a blockchain and payment network, Ethereum is a distributed computing network, and its blockchain can be used for many other things. Details are provided in the Ethereum white paper
what is smart contract
smart contracts are applications that run on Ethereum virtual machines. This is a distributed "world computer" with computing power provided by all Ethereum nodes. Any node providing computing power will pay in ether digital currency as a resource
they are named smart contracts because you can write "contracts" that execute automatically when you meet the requirements
for example, imagine building a KickStarter like crowdfunding service on Ethereum. Someone can set up an Ethereum smart contract to pool funds to others. The smart contract can be written as follows: when $100000 of currency is added to the pool, it will be sent to the recipient. Or, if the $100000 threshold is not reached within a month, all currencies will be returned to the original holder of the currency. Of course, this would use ether instead of dollars
all this will be done according to the smart contract code, which can automatically execute the transaction without the need for a trusted third party to hold the currency and sign the transaction. For example, KickStarter charges 5% above the 5% payment processing fee, which means it will charge $8000 to $10000 for a $100000 crowdfunding project. Smart contracts don't have to pay a fee to a third party like KickStarter
smart contracts can be used for many different things. Developers can create smart contracts to provide functions for other smart contracts, similar to the way software libraries work. Alternatively, smart contracts can simply be used as applications to store information on the Ethereum blockchain
in order to really execute the smart contract code, someone has to send enough Ethernet tokens as the transaction fee - how much depends on the required computing resources. This costs the Ethereum nodes to participate and provide computing power. The global shared matrix project, which is completely decentralized, aims to preach Ethereum and let more players know Ethereum, smart contracts and forsage code btshijie
money circle, one day, ten years on earth
the high housing prices destroyed the post-80s and post-90s
and then the world came back. Today's virtual currency
the post-80s also pulled back a round. Whether it is worth buying is not to see whether its current price is high or low
but to see whether it has value in the future and whether it will be useful for everyone's life There must be only a few bitcoins in total.
bitcoin has become a kind of value preservation proct corresponding to gold
decentralized anonymity advantage
bitcoin comparable to gold
moreover, more and more businesses have accepted bitcoin transactions
some institutions have also accepted bitcoin donations, and bitcoin ATM has become a hot topic Put into use
the second is
Ethereum (ETH)
it can be said that it is an evolutionary version of bitcoin
bitcoin is gold, Ethereum is silver
Ethereum's technology can be applied to real world applications
JPMorgan Chase, Microsoft, etc. are all optimistic about Ethereum technology
In my opinion, the most stable return is the twoand the other multifarious currencies have gone up and down sharply. Ordinary people's hearts can't stand
at present, domestic users can buy through this website
transactions
it's not the price rise of the currency but the price rise of the currency through the bar The number of coins is rising
it is the birthplace of blockchain technology, and the market has confidence in it. It still maintains a stable growth under the adverse situation of major policies. Once it solves the problem of capacity expansion, the price rise can be predicted
2. Ethereum
compared with bitcoin, the advantage of Ethereum is that it has no policy problems. Although the event led to its bifurcation, the establishment of enterprise version Ethereum alliance may solve this problem. Its concept and Prospect of smart contract attract many developers to follow
the essence of community operation is that the majority decides the minority when indivials support eth
3. Zec
compared with bitcoin and Ethereum, the risk of z-coin will be greater, and its value will take a longer time to reflect. But in the long run, the value of anonymity will be one of the values that human beings generally pursue
4. BTS
bitstocks are very powerful and the system is very stable. Decentralized trading, anchoring system and so on. Although the founder bm's brain damage has hurt the community, the value of bitstocks is obviously undervalued. It is a wise choice to hold bitstocks on the cheap.
what is Ethereum
Ethereum is often compared with bitcoin, but the situation is different. Bitcoin is a kind of cryptocurrency and distributed payment network, which allows bitcoin to be transferred between users
related: what is bitcoin? How does it work
Ethereum has a bigger goal. As Ethereum says, "Ethereum is a distributed platform running smart contracts.". These smart contracts run on "Ethereum virtual machine", a distributed computing network composed of all devices running Ethernet nodes
"distributed platform" means that anyone can set up and run an Ethereum node just as anyone can run a bitcoin node. Anyone who wants to run "smart contracts" on nodes must pay the operators of these nodes in ether, which is a cryptocurrency related to Ethereum. Therefore, the person running the Ethernet node provides computing power and gets paid in the Ethernet, which is similar to the way that the person running the bitcoin node provides hash power and pays in bitcoin
in other words, although bitcoin is only a blockchain and payment network, Ethereum is a distributed computing network, and its blockchain can be used for many other things. Details are provided in the Ethereum white paper
what is ether
Ethernet is a digital token (or cryptocurrency) related to Ethereum blockchain. In other words, Ethereum is the token and Ethereum is the platform. But now people often use these terms alternately. For example, coinbase allows you to buy Ethereum, which stands for Ethereum
this is technically "altcoin", which actually means a non bitcoin cryptocurrency. Like bitcoin, ether is supported by distributed blockchain - in this case, Ethereum blockchain
developers who want to create applications or Ethereum smart contracts on Ethereum blockchain need Ethernet token to pay for nodes to host it, while users of Ethereum based applications may need Ethernet to pay for services in these applications. People can also sell services outside the Ethereum network and accept Ethernet payments, or they can sell Ethernet tokens in cash - just like bitcoin
mortgagee (Party B)_________
Party A_________ Mortgage the self owned real estate and its attachments to Party B as_________ I'll give you my guarantee. Party A and Party B enter into this contract through mutual consultation on the basis of the principles of voluntariness, mutual benefit, fairness and good faith
Article 1 the real estate is located in_________ Building area_________ Square meters, land area_________ Square meters, housing ownership certificate No, Co ownership certificate No, Land Use Certificate No, Common attachment_________ The value of the collateral is RMB (in words) Zeng Yu_________ Year_________ Month_________ Daily mortgage to, The term is_________ Months to_________ Year_________ Month_________ The guaranteed debt is RMB (in words)_________ Yuan
Article 2 Party A shall mortgage all / part of the above real estate and its attachments to Party B, the scope of which shall be as follows:_________ The details are shown in the attached table and attached figure)
Article 3 the value of this mortgage guarantee debt is RMB (in words)_________
Article 4 the content of real estate guarantee for mortgage is the principal, interest, default interest, penalty and relevant taxes of the guaranteed debt
Article 5 time limit:_________ Year (month), from_________ Year_________ Month_________ It's the first day of the year_________ Year_________ Month_________ At the end of the day
Article 6 ring the mortgage period, the mortgaged property shall be in the possession of Party A. Party A shall maintain the collateral in good condition ring the period of possession. Party B has the right to inspect the collateral occupied by Party A, and Party A shall take the initiative to cooperate
Article 7 ring the mortgage period, Party A shall not transfer or dispose of the mortgaged property in other forms without the written consent of Party B, and shall not change the nature of its use; If the mortgaged property is bequeathed or inherited, the donee or successor shall promptly notify Party B in writing
Article 8 in addition to natural wear and tear, if the collateral is damaged, Party A shall take measures to maintain and repair it, so as to rece the loss. The cost shall be borne by Party A and Party B shall be informed in time
Article 9 if the collateral is unable or insufficient to guarantee the debt e to Party A's fault, Party A shall provide or increase the guarantee in time
Article 10 when mortgaging a leased house, the mortgagor shall inform the mortgagee of the fact that the house has been leased, and shall also inform the lessee in writing. After the mortgage contract comes into effect, the original lease contract shall continue to be valid
Article 11 if the subject of the contract is changed in the mortgage relationship and the contract continues to be valid, the rights and obligations stipulated in the contract shall be enjoyed and undertaken by the subject of the contract after the change. The parties to mortgage shall jointly apply to the real estate mortgage registration authority for registration of contract change. If the terms of the contract are changed, a new contract shall be signed.