Annual circulation of Ethereum

1.

Buterin, the founder of Ethereum, is a Russian

at the end of 2013, vitalik buterin, founder of Ethereum, released the first edition white paper of Ethereum and launched the project. From July 24, 2014, Ethereum has carried out a 42 day pre-sale of Ethereum coins. In early 2016, Ethereum's technology was recognized by the market, and its price began to soar, attracting a large number of people other than developers to enter Ethereum's world. Two of China's three major bitcoin exchanges, huocoin.com and okcoin.com, both officially launched Ethereum on May 31, 2017

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in 2011, butrin began to realize bitcoin under the influence of his father when he was 17 years old in high school. Butrin showed a strong interest in this new thing. In order to better understand this fully distributed currency, butrin began to read bitcoin forum and technical materials. He wrote bitcoin blog articles to earn bitcoin, although his hourly salary was only $2 an hour

when he made 20 BTCs, he took 8.5 to buy a shirt. But he realized at that time that if thousands of people from all over the world join the bitcoin community, an independent financial system can be created, and the application of blockchain is not limited to cryptocurrency, but applicable to all walks of life. Since then, Butlin has been working in this direction

in late 2011, butrin graally became famous in the community. A man from Romania invited him to co-founder bitcoin magazine and serve as the chief writer

2.

Ethereum is the next generation of cryptography ledger. It intends to support many advanced functions, including user issuing currency, intelligent protocol, decentralized transaction and what we think is the first fully decentralized autonomous organization (Daos) or decentralized autonomous company (DACS) application

Ethereum does not specifically support every single type of function as a feature. On the contrary, Ethereum includes a built-in Turing complete scripting language, which allows you to write code for the feature you want to implement through a mechanism called "contract". A contract is like an automatic agent. Every time a transaction is received, the contract will run a specific code, which can modify the data storage inside the contract or send the transaction. Advanced contracts can even modify their own code

Ethereum was launched on November 1, 2015, and launched on August 22, 2016 on bitcoin trading platform, a well-known domestic trading platform; 30-¥ About 60, current: ￥ 1259.97, the rise is amazing

3. That is, MLM (without any physical goods and investment procts in essence)
direct selling, secondary, tertiary or provincial or municipal level, through temptation, to attract people to join MLM refers to: popular point refers to the behavior of selling or promoting goods as the name, county-level and other regional agents, and collecting membership fees as the main way of profit: the sales system built by groups or enterprises, Indivial or team development at the national level

4. Ethereum, ETH for short. At the end of 2013, vitalik released the white paper of Ethereum, and in July 2014, the pre-sale of Ethereum began. At that time, insiders called this kind of token issue "crowdfunding". Through the 42 day pre-sale, the Ethereum team raised more than 30000 bitcoins through the pre-sale of 60102216 Ethernet coins; In addition, the early contributors who participated in the development before the pre-sale and the developers who have been engaged in project research for a long time are allocated according to 9.9% of the total amount of Ethernet coins sold at that time. So when Ethereum was officially released, there were more than 72 million Ethereum coins. After the end of Ethereum's pre-sale, it uses the proof of work mechanism POW for mining, and rewards the miners according to 26% of the total amount issued at that time every year. In October 2014, Ethereum reced the block output time from 60 seconds to 12 seconds, and now it is basically stable at 15 seconds, with 5 etheric coins awarded for each block
although the pow mining mechanism is adopted, the block out mechanism of Ethereum is different from that of bitcoin. Due to the short block time of Ethereum, Ethereum is easy to form isolated blocks. Isolated blocks refer to the blocks that are not on the longest chain. Bitcoin's isolated blocks have no block rewards, but in Ethereum, isolated blocks can be referenced. The referenced isolated blocks are called "Uncle blocks", and their packaged data will also be recorded in the blockchain. Unlike bitcoin, Ethereum's TERT block has a reward, and each TERT block can get a reward of 4.375 Ethernet coins at most
Ethereum is a programmable and Turing complete blockchain development platform, which is equivalent to a decentralized global computer. In a programming system, there are usually some virtual machines to compile and execute. Java has JVM. In Ethereum, there is also Ethereum's virtual machine EVM, which can execute any complex algorithm code. Developers can use existing programming languages such as JavaScript or Python to create their own applications on Ethereum. Through Ethereum's virtual machine, you can easily issue digital assets, write smart contracts, set up and run decentralized applications, and set up decentralized autonomous organizations
eth is also known as the internal fuel of Ethereum. Unlike currency digital assets, Ethereum is not only used for transfer, but also for payment of smart contracts
in order to prevent the Ethereum blockchain from being full of junk contracts and junk applications, and to establish and run smart contracts on Ethereum, you must use eth to pay for smart contracts. For example, when you transfer your newly created digital assets on the Ethereum blockchain, you need to use eth to pay the handling fee instead of your newly created digital assets.

5. It is issued based on Ethereum network, with a total amount of 100 million and no additional issuance.

6. You all know that it's investment. Investment is not reliable. It's better for ordinary people to work honestly to make money. Although we all know that investment will definitely lead to some people's wealth, don't forget how many people's wealth is gone

7.

Many places in China are experimenting with the use of digital RMB, and the convenience of digital RMB is as follows:

First: Digital RMB can be used offline

although mobile payment is very common now, any third-party payment software needs to be connected to the Internet. Alipay and WeChat also monopolize the third party payment market, but once these two software are not connected, they will not be able to complete the payment. Although it's all right to go out with your mobile phone now, you don't need to bring your wallet and cash, but all this is based on the fact that your mobile phone has electricity and network

The consumption habit of

is unhealthy, so digital RMB is actually a more real and planned payment method, which is helpful for young people to develop good consumption habits. This can avoid over consumption and other bad habits

8. Domestic mainstream exchanges all support the purchase of RMB, but it's better to go to the larger exchange like okex, so as to have some protection. Secondly, it is suggested that before purchasing bitcoin, we should have a deep understanding of the market and some price fluctuations of bitcoin. Bitcoin has many problems in the market economy environment, which will affect the price of bitcoin. If you are satisfied with my answer, please accept it

9. Dragon scale amber is mined and smelted. The difference between the enhanced gloves and the collecting gloves is that the mining speed of the enhanced gloves is faster. But the practice tells me that there is no difference between the two gloves. The collecting gloves can be bought from the smelter. You can go to ark or the smelting area above zamori. It's not expensive. It's less than 3W gold.

10. The biggest disadvantage of Ethereum is that its quantity has been increasing. How can an item without an upper limit be used as an investment proct? As we all know, the rise in the price of a commodity is in the final analysis the quantity comparison between the supply and demand sides. The supply exceeds the demand, the price falls, the supply is less than the demand, and the price rises. The amount of bitcoin and lettercoin is fixed. The total amount of bitcoin is 21 million, and now there are more than 10 million. The rest will take another 100 years. Now the amount of Ethereum is more than 90 million, and 18 million will be generated every year. Ethereum has 250 blocks per hour, 5 coins for each block (and some transaction fees and other rewards), 24 hours a day, that is, 30000 + coins will be added every day. So there's no limit to the amount of ether

how many years can the ether coin be g
how many Ethernet coins can be proced each year? At present, five new ether coins are generated for each new block. If you dig out a block every 14 seconds, it will take 31.5 million seconds (365 x 24 x 60 x 60) a year, which means that 2.25 million blocks are g out every year
every miner has considered how long the ether coin can be g, whether I can't dig the ether coin after I buy the miner, or I can't dig the ether coin after I invest in the miner. I can tell you clearly that the ether coin can't be g up, and the official shows the quantity when it comes to the ether coin, but don't go, Ethernet currency is constantly bifurcating. Once the quantity is threatened, it will continue to bifurcate. The miners can continue to dig for new currencies from the bifurcations. For example, etc and ETF are examples. After the bifurcations, the ETH price will go up crazily. Therefore, miners need not worry about the quantity of Ethernet currency.