ICO Ethereum

1. Eth is a kind of digital token of Ethereum, which is regarded as "bitcoin version 2.0". It adopts the blockchain technology "Ethereum", which is different from bitcoin. It is an open-source public blockchain platform with intelligent contract results, and a resonance network composed of tens of thousands of computers around the world. Developers need to pay eth to support the application. Like other digital currencies, ether currency can be bought and sold on the trading platform

warm tips: the above explanations are for reference only, without any suggestions. There are risks in entering the market, so investment should be cautious. Before making any investment, you should make sure that you fully understand the nature of the investment and the risks involved in the proct. After a detailed understanding and careful evaluation of the proct, you can judge whether to participate in the transaction
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2.

Ethereum is an open source public blockchain platform with smart contract function. It provides decentralized virtual machine (Ethereum virtual machine) to process point-to-point contract through its special cryptocurrency ether (also known as "Ethereum")

The token on the

blockchain is called ether, and the code is eth. It can be traded in many foreign exchange markets of cryptocurrency, and it is also the medium used to pay transaction fees and computing services on Ethereum

the concept of Ethereum was first proposed by vitalik buterin, a programmer, from 2013 to 2014, inspired by bitcoin, with the general meaning of "next generation cryptocurrency and decentralized application platform", and began to develop through ICO crowdfunding in 2014. As of February 2018, Ethernet is the second highest cryptocurrency in market value, second only to bitcoin

extended data:

Ethereum platform has no characteristics and value. Like programming languages, it's up to entrepreneurs and developers to decide what to use. However, it is clear that some application types benefit more from the functions of Ethereum than others. Ethereum is especially suitable for those applications that automatically interact directly between points or promote group coordination activities across networks

for example, coordinate the application of point-to-point market, or the automation of complex financial contracts. Bitcoin enables indivials to exchange money without the help of financial institutions, banks or governments. The impact of Ethereum may be more profound

in theory, any complex financial activities or transactions can be automatically and reliably carried out on Ethereum with coding. In addition to financial applications, any application scenario with high requirements for trust, security and persistence, such as asset registration, voting, management and Internet of things, will be affected by Ethereum platform on a large scale

3. ICO is actually the instry term of blockchain. It is the abbreviation of initial coin offering. It is the concept of initial public offering (IPO) derived from the stock market. It is the first time that blockchain projects issue tokens to raise bitcoin, Ethereum and other common digital currencies.

4. Bitcoin is a kind of virtual digital currency proposed by Nakamoto in 2009. It is characterized by no centralized issuing institution and a fixed total of 21 million pieces. It is not a one-time issue and needs to be proced by miners. Due to the decentralized structure, trust needs to rely on cryptography and consensus mechanism technology to achieve
blockchain is a general technology derived from bitcoin. It implements a decentralized database model. Bitcoin can be called blockchain 1.0 because it has no concept of smart contract. The key technologies of blockchain include cryptography encryption and decryption and consensus mechanism. Blockchain is generally used to combine with specific business logic, which needs to rely on smart contract, which provides an execution mode free from human interference
the IPO of ICO originates from the concept of initial public offering (IPO) in the stock market. It is the behavior of blockchain project to issue token for the first time, raise bitcoin and solve Ethereum and other common digital currencies.

5. ICO is very similar to IPO in form and final result
IPO is the initial public offering of a company. After IPO, the company can go to the securities exchange market for listing. Of course, there are various regulatory enforcement before and after the IPO, and the whole process is completed in reality
the difference of ICO is that the public offering party can be an indivial, a company, a community, or an institution. After the offering, it is listed and traded on the online virtual currency trading platform, such as smart star Witkey, XX eight, XX one proct, etc. the whole process is completed on the Internet
virtual currencies, such as bitcoin and Ethereum, have become fixed currency in circulation on the Internet, such as the US dollar in the real world. Most of the ICO process is not the project party selling its own equity, it should be said that it is the right to use, that is, the expected qualification of the future value of the proct
resources ICO internet post bar

6.

ICO (abbreviated as initial coin offering) is the concept of initial public offering (IPO) derived from the stock market. It is the behavior of blockchain project to issue token for the first time and raise bitcoin, Ethereum and other general digital currencies

brief introction to ICO:

ICO is a blockchain instry term, which is a common way to raise funds for cryptocurrency / blockchain projects. Early participants can get the cryptocurrency generated initially as a return

because the token has market value, it can be converted into legal currency to support the development cost of the project. The tokens issued by ICO can be based on different blockchains. The common issue is based on Eth and BTS blockchain, which provides bookkeeping service and value consensus to realize global issue and circulation

ICO participants are very important for the success of a project. They will publicize the blockchain project in the community, so that the tokens generated by it can obtain liquidity before the transaction starts. However, the most important value of ICO participants is still the potential benefits brought by the project development or the price appreciation after the token issue

extended information:

domestic prohibition:

at 3:00 p.m. on September 4, 2017, the people's Bank of China led seven ministries and commissions, including the Information Office of the people's Bank of China, the Ministry of instry and information technology, the State Administration for Instry and commerce, the China Banking Regulatory Commission, the China Securities Regulatory Commission and the China Insurance Regulatory Commission, to issue the announcement on preventing the financing risk of token issuance (hereinafter referred to as the announcement)

the announcement points out that token issuance financing is essentially an unauthorized illegal public financing behavior, which requires that all kinds of token issuance financing activities should be stopped immediately from the date of the announcement, and at the same time, organizations and indivials who have completed token issuance financing should make arrangements such as refund

7. In short, the current ICO is based on the currency issued by Ethereum, as long as a smart contract is established on it, and financing needs to publicize your contract address, so that others can automatically exchange your currency when they call eth. Finally, it is said that domestic ICO is prohibited

8. No, it depends on what kind of money you are digging. There are video card machines and chip machines,

9. Virtual currency and token have different functions

10. If you have spare money, you can go to the okex platform to open an account, smash it in and do a long-term job. You don't have to care about the rise and fall in the middle. This requires you to have a good attitude or make a fixed investment every month.