Ethereum teacher
just like bitcoin, Ethereum is neither controlled nor owned by anyone - it is an open source project created by many people around the world. Different from bitcoin protocol, Ethereum's design is very flexible and adaptable. It is very easy to create new applications on the Ethereum platform. With the release of homestead, anyone can use the applications on this platform safely
Ethereum is a programmable blockchain. It does not give users a series of preset operations, but allows users to create complex operations according to their own wishes. In this way, it can be used as a platform for many types of decentralized blockchain applications
in a narrow sense, Ethereum refers to a series of protocols that define a decentralized application platform. The core of Ethereum is Ethereum virtual machine (EVM), which can encode any complex algorithm. In computer science terminology, Ethereum is "Turing complete.". Developers can use the existing JavaScript and python as the model of other friendly programming languages to create applications running on the Ethereum simulator.
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 bitcoinbitcoin has value because it is useful as a form of currency. Bitcoin has the mathematical characteristics of money (persistence, portability, interchangeability, scarcity, separability and identifiability) rather than relying on physical characteristics (such as gold and silver) or the trust of central authorities (such as fiat money). In short, bitcoin is backed by mathematics. With these characteristics, a form of money to have value requires trust and use. In contrast, this can be reflected in its growing base of users, businesses and start-ups. Like all currencies, the value of bitcoin comes directly from people who are willing to accept it as a means of payment, which is the only source
of course, some domestic digital currency scholars began to take bitcoin not as a kind of currency, but as a shortcut. Teacher Shaqian proposed the concept of currency business circle. Perhaps inspired by the recent emergence of a currency called Fuyuan coin in the jewelry instry, it is the business integral system of the jewelry instry.
at present, there are three ways to play mineral coins such as bitcoin and Ethereum:
1. Direct trading, which depends on the market price and price difference to earn income, is risky and time-consuming
2. Become a miner, get bitcoin / Ethereum at the cost price, and then sell it in the market. But now the cost of miner is too high, and there is a lot of investment in the early stage
3. The income of bitcoin / Ethereum's wealth management will be less than that of the first two, but it is better than stability and security. It means the same as the bank's Fund. At present, AEX's wealth management treasure, coin an's coin an's treasure and OK's Yu coin's treasure are popular in the market. Among them, AEX's wealth management treasure has the debt transfer function that other platforms don't have, supporting midway transfer of wealth management objects and investing on them, Your money is more flexible
indivials are inclined to the third kind, which is relatively stable.
of course, in addition to direct trading, there are two other ways to get bitcoin or Ethereum:
1. Become a miner, get bitcoin / Ethereum at the cost price, and then sell it on the market. But now the cost of miner is too high, and there will be a lot of investment in the early stage
2. The income of bitcoin / Ethereum is more stable and safe, which means the same as the fund of the bank. At present, AEX wealth management treasure, coin an treasure of coin an, and OK Yu coin treasure are popular in the market. The wealth management treasure of AEX exchange has the debt transfer function that other platforms don't have. If you invest on it, the weekly transfer of funds will be more flexible.
