Ethereum Online
DTV share, Ethereum is an open source public blockchain platform with intelligent contract function. It provides decentralized virtual machines to handle point-to-point contracts through its private cryptocurrency, Ethernet. Key points: open source, smart contract function, public chain platform, Ethernet
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 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
as long as you can continuously spread the shortcomings of bitcoin and rece the number of people who hold bitcoin, it will basically affect the operation of the exchange. If bitcoin can't be traded, it will only have some academic research value
the ultimate goal of Ethereum is not to create some kind of "currency", but to become an excellent underlying protocol that provides a powerful Turing complete scripting language, on which any high-level contract, currency and other decentralized applications can be created. With Ethereum, those who come up with ideas that may greatly change the current situation of currency application will no longer need to start their own blockchain. They can simply use Ethereum script coding to realize their ideas. In short, Ethereum is a basic platform for innovation of district centered language. The core technology behind bitcoin is blockchain technology. Adding "smart contract" to the blockchain is Ethereum
blockchain is an indestructible digital ledger, which can be set not only to record financial transactions, but also to record almost all valuable information without fear of tampering. In the simplest model, blockchain is a simple distributed ledger. However, the internal meaning of blockchain is far greater than the surface meaning of its name. Blockchain can transfer the value itself in the process of transaction. As Sally rivers, a technology author of the financial times, said, in terms of bitcoin, blockchain means the same to it as Internet means to e-mail
similar to e-mail, blockchain helps to transfer wealth. Blockchain technology is rapidly exploring and deploying in many fields, including capital market, financial services, payment and remittance, derivatives trading, credit management, government governance, sharing economy, supply chain, audit, stock trading, Internet of things, insurance, health care and so on.
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Ethernet coin is a kind of digital token of Ethereum, because Ethereum needs to use the token eth to support the application. Ethereum can also trade on trading platforms. In short, Ethereum is a platform and a programming language, which enables developers to build and release the next generation of distributed applications
Ethereum can be used to program, guarantee and trade, as well as to organize voting, domain name trading, financial trading platform, online crowdfunding, management company,
formulate contracts and most of the agreements, and integrate intelligent assets of hardware
the reason why the price of Ethereum can soar is not only e to the promotion and publicity of Ethereum community, but more importantly, virtual currency investors are looking for investment procts to replace bitcoin
a series of problems, such as bitcoin being regulated by the domestic central bank and being refused to apply for ETF listing, have led investors to look down on the prospect of bitcoin. At this time, the emergence and promotion of Ethereum are favored by these virtual currency investors
btctrade platform (bitcoin trading network) www.btctrade.com As the largest and most reliable trading platform in China, Ethereum trading was launched as early as November. Ethereum was about 50 yuan when it was online, and now it has risen to 300 yuan, which is amazing! It remains to be seen whether the future of eth will be as good as bitcoin!