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Ethereum multi signature 6

Publish: 2021-05-11 16:13:14
1.

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"

2. At the top of Ethereum is DAPP. It exchanges with the smart contract layer through Web3. JS. All smart contracts run on EVM (Ethereum virtual machine) and use RPC calls. Below EVM and RPC are the four core contents of Ethereum, including: blockchain, consensus algorithm, mining and network layer. Except DAPP, all other parts are in the Ethereum client. The most popular Ethereum client is geth (go Ethereum)
3. GBK
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 /> 
4.

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

5.

It does not belong to MLM

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 proposed by vitalik buterin, a programmer, from 2013 to 2014, inspired by bitcoin, to the effect of "next generation cryptocurrency and decentralized application platform", and began to develop through crowdfunding in 2014. The market value of Ethernet currency is second only to bitcoin, and it is the second largest encrypted digital currency in the world

extended data

bitcoin has 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

however, bitcoin is not perfect, and the scalability of the protocol is a deficiency. For example, there is only one symbol in the bitcoin Network - bitcoin, and users can't customize other symbols. These symbols can represent the company's stocks or debt certificates, which will lose some functions

In addition, a stack based scripting language is used in bitcoin protocol. Although this language has some flexibility to realize functions such as multi signature, it is not enough to build more advanced applications, such as decentralized exchanges. Ethereum is designed to solve the problem of insufficient scalability of bitcoin

6.

anmao wallet

anmao wallet is a light wallet developed by Hangzhou anmao blockchain Technology Co., Ltd., which saves storage space compared with the full node wallet. And it is a multi currency Cross Chain Wallet, which supports BTC, BCH, LTC, ETH, etc, dash and erc-20 series of tokens. At present, it is the most complete currency digital currency wallet in the true sense

anmao wallet is the only digital currency wallet that supports Chinese mnemonics. It is composed of 12 Chinese characters, which is convenient for memory and in line with Chinese reading habits

the biggest feature of anmao wallet is that it well applies the scalability of light wallet. While managing a variety of digital assets, it has embedded DAPP list and anmao fishpond mining game. The tokens are directly stored in the wallet, which is convenient, labor-saving and interesting. It can be said that it is a wallet that will make money

with embedded Android block browser, each transaction can be queried in real time by using transaction address, block height and transaction ID, which is accurate

there are also market and information DAPP, a multi-functional digital currency wallet

deficiency: no trading function

imtoken

imtoken is a digital currency wallet that supports eth, erc-20 token, bitcoin HD wallet, isolation witness, EOS and other tokens in EOS main network. A set of mnemonics can create wallet accounts in multiple currencies, thus saying goodbye to the complicated backup management. It is a Multi Chain Wallet

imtoken supports the sending and receiving of digital currency and the currency transaction of Ethernet series. With the help of blockchain intelligent contract, it does not need to trust a third party to complete the currency exchange directly at the mobile terminal. Token management function is easy to operate, automatically discover tokens, and no need to add them manually; It supports one click search and can easily view and manage multiple tokens

the private key of imtoken is self-contained, which further guarantees the security

deficiency: imtoken only supports digital currency based on eth main chain, and tokens of its own public chain such as BTC and CTC cannot be stored. It only supports eth as a service charge when transferring, which has some limitations

bitpai

bitpai wallet is a new generation of blockchain asset comprehensive service platform developed by bitpai team, which is based on HD wallet technology, multi signature and on chain transaction. It can easily and safely use digital currency and easily send and receive bitcoin on bitpai. At present, the main supported currencies are BTC, BTC, ETH, some erc2.0 tokens, qtum, HSR, dash, safe, LTC, LCH, Zec, etc and Doge

bitpai supports multi address coin issuing, built-in OTC and exchange (third-party service), and can trade with users from all over the world, which is more suitable for professional users of coin circle who trade frequently and have OTC demand

in terms of security, the user controls the private key, and after the transaction, the coin is directly kept by the user. If it does not operate for a long time, bitpie will automatically lock, further improving the security of the wallet

deficiency: for initial users, too many and complex functions are a kind of burden. They only need to send and receive digital currency simply. Too many complex functions increase the learning time cost of users and affect the experience of wallet users

wheat wallet

wheat wallet is a digital wallet that supports eth, Neo and EOS token at the same time. It has built-in face, voiceprint, living body and other biometric technologies to ensure asset security, which is unique in the current wallet

wheat wallet supports the interfaces of mainstream exchanges such as coin an, fire coin, gateio and okex to automatically obtain position data

the UI design of wheat wallet has a good experience for users in human-computer interaction, interface logic and beautiful interface. The first operation can know the functional process, in an intuitive way to let users understand how to interact with the software, the interface design has a wheat uniform style

deficiency: there are few supported currencies. In the application mole, each application or active section is the width of a mobile phone screen, with a maximum of 2.5 applications displayed on the same screen. Although it looks very generous and beautiful, it will be cumbersome to find an application, and it needs to slide down continuously

atoken

atoken is a mobile wallet supporting multi currency cross chain exchange, which is safe and convenient. At present, it supports BTC, LTC, ETH, etc, Doge, EOS and other main chain currencies; BCD, BTG, BCH, SBTC, etc; Support all tokens of Ethereum erc20

users hold their own private key, which is stored in app with multiple encryption. They do not access the server in any form, and no one else can touch your digital assets; The wallet adopts 5-layer HD, horizontal isolation and vertical defense architecture; Pbkdf2, sha-512 and other encryption algorithms are used. At the same time, atoken implements the transaction acceleration function of wallet and supports the transaction acceleration of bitcoin and Ethereum

deficiency: there is no market information in the wallet, so it is inconvenient for users to use

7.

in terms of cloth storage and mining, I recommend Heshu hardware wallet and jiajiabao intelligent home miner. The core advantage of the proct is safety

take sum hardware wallet as an example. The advantages of sum hardware wallet are as follows:

1. The private key seed is encrypted layer by layer, physically isolated and never touched the Internet.

firstly, when creating the wallet, the seed password is generated and stored in the local encryption chip, and the 10 bit payment password is required

then, the transaction is made in the wallet. At this time, the user needs to enter the payment password to obtain the private key to digitally sign the transaction, and the transaction is completed. In addition, the private key seed is permanently stored in the chip, which is physically isolated and never touches the Internet. There is no need to worry about my password being stolen by hackers

Second, the bank system verifies the financial level motherboard and encryption chip

uses the bank system to verify the financial level motherboard, and the private key seed is stored in the chip. If the proct is stolen or lost, and destroyed by malicious violence, the chip will trigger a self destruct circuit, and immediately permanently and irrecoverably delete all the information in the area

Third, it supports the withdrawal of global bitcoin ATM, which is convenient and fast

the reason why digital assets attract the attention of many fields in the world is that it is creating a global fast circulation, and the larger the circulation field is, the wider the scope is, and the higher its use value is. The core of digital assets is the medium it acts on among currencies. The Heshu wallet has built-in many mainstream exchanges in the world. It can trade digital assets anytime and anywhere. With one machine in hand, it can walk around the world without worry, and no longer have to worry about exchanging foreign currency

Different from conventional digital wallets, multi signature wallets need the authorization of multiple key holders to transfer digital currency, so the security of multi signature wallets is higher. Ordinary Wallet: a wants to transfer a bitcoin to X. A only needs his signature (using the private key) to complete the transaction. Sum Wallet: if a wants to transfer a bitcoin to x, a multi signature verification is set (at least two signatures of Abc3 indivials are required to transfer the money), then a needs B or C to complete the signature (using the private key) when a wants to transfer the money to X. I hope I can help you. Thank you

8. Blockchain exchange
you mean platform trading. Domestic illegal, international and mostly deceptive, you find the well-known ones. There is a special introction to blockchain network. Remember to be legal, otherwise you can't withdraw cash and it's useless to make money.
9. At present, there are many digital currency wallets, some of which have good personal experience

light wallets are good for imtoken, geekwallet, kcash, Cobo, etc.

Hardware wallets are good for ledger, trezor, etc., which involve large amount of digital currency or hold for a long time. Generally, hardware wallets are recommended

big body introces these personal good light wallets

1. Imtoken:

is a mobile light wallet app, which supports Eth and Ethereum erc2.0 standard tokens (such as EOS, DGD, SNT, qtum)

advantages: as Ethereum series light wallet, mtoken supports all the tokens of Ethereum erc2.0 standard, can control the miner's fee of each coin, can set the collection amount, and has convenient transaction record query, refreshing interface and easy operation, so it is suitable for ICO investors who need to receive a variety of erc2.0 standard tokens and trade infrequently

disadvantages: 1. The "discovery" mole of the wallet is not intuitive enough. 2. The tokens that can only be stored on the Ethereum platform, such as BTC and Neo, can't be stored. At the same time, the bifurcations of bitcoin can't be stored

2. Geek wallet

geek wallet is a simple and convenient light wallet, which supports the storage and management of mainstream digital currency assets such as bitcoin (BTC), lightcoin (LTC), Ethereum (ETH), EOS, usdt, etc. Using bip44 mnemonics, local private key, off-line signature and other security mechanisms, as well as mobile phone and computer al backup strategy, completely solve the loss of digital currency assets caused by hacker attacks, virus infection, mobile phone loss, forgetting mnemonics and other ways, and provide users with online Multi Chain digital assets one-stop management service. The platform also has tiaoshao market, which can carry out token trading of physical assets on the chain

advantages: it has high security factor, adopts local private key security mechanism, as well as mobile phone and computer al backup strategy, supports the current mainstream currency, and has a jump market on the platform, which can carry out token trading of physical assets on the chain

disadvantages: usdt transaction must use 0.0001 BTC as transaction handling fee, does not support some small currencies, page optimization is good, but the function is relatively few

3. Kcash

kcash is also a light wallet. At present, it supports BTC, ETH, LTC, etc, act and digital currency based on Ethereum and achain smart contract platform. Kcash has cross chain and cross contract technology, and the supported currencies are still increasing

advantages: as a Multi Chain Wallet, kcash supports multiple types of digital currencies and is very friendly to users who invest in multiple series of digital currencies. In addition, kcash also has the function of sending red packets, and in the future, it will launch currency transaction, bank card connection and other functions

deficiency: too many features lead to poor usability. In addition, there are some compatibility problems with Android versions. Some Android models will flash back when opening apps< Cobo

4. Cobo

Cobo is a professional digital asset management wallet, which can help you store your assets safely. The unique POS gain can help you increase the value of your assets. It supports more than 20 kinds of digital assets including eth, EOS and TRX, as well as more than 500 kinds of tokens

advantages: Cobo security is in the lead in the same level, using multiple security verification, hot and cold separation storage, HSM multi signature, Cobo provides you with stable income through intelligent voting, dpos vote pool, POS mining digital asset gain matrix

disadvantages: poor page optimization, complex functions, a little difficult to get started, and there is also a flash back problem of Android version

5. Ledger

Hardware wallet, which supports eth, BTC, zcash and other mainstream currencies, uses encryption chip technology to build security solutions for users, and is used to protect users' digital assets and block chain application security. This is a hardware bitcoin wallet specially designed for consumers. It provides enterprise level security hardware moles and hardware procts supporting the Internet of things

6, ledger

Hardware wallet, support eth, BTC, zcash and other mainstream currencies; Using encryption chip technology to build security solutions for users to protect users' digital assets and block chain application security. This is a hardware bitcoin wallet specially designed for consumers. It provides enterprise level security hardware moles and hardware procts supporting the Internet of things.
10.

the first step we need to have a principal company. The principal company does not have to be an American company, but can also be a Hong Kong company, a British company, an archipelago company, etc

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