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Ethereum's next bitcoin

Publish: 2021-04-07 11:14:41
1. In May 2017, investors and onlookers saw bitcoin worth more than $2300. This number marks the highest price of bitcoin in its entire career. Due to the success of bitcoin in the past few years, many investors are attracted by it and other cryptocurrencies
however, bitcoin is not the only cryptocurrency with rising value. The value of another cryptocurrency called ethereum has been increasing since January 2017. From $8.24 to $203. Up 2367%
investors are worried that in the past few years, cryptocurrencies have gained the favor of many investors who are looking for other investment methods than traditional ones. Although most investors still invest their money in traditional financial markets, such as the stock market and foreign exchange market, many of these investors have begun to worry about the economic climate of the world economy
recent events have made us aware of the instability of traditional financial markets such as the stock market and foreign exchange market. Many investors have been looking for other ways to invest their money
with the creation and popularization of cryptocurrency and its rapidly rising value, many investors, especially those from Asia, have joined the trend of bitcoin and cryptocurrency
advantages of Ethereum
although many people are more familiar with it, Ethereum has also gained a fair share of the market with its own value. However, there are key differences between the blockchains used by Ethereum and bitcoin
the difference between the two systems is that Ethereum's data processing speed is faster than that of bitcoin, because once agreed, Ethereum's system will automatically apply to the terms and conditions in the contract
although many people may think that Ethereum may be inferior to bitcoin because its value is lower than bitcoin, this is a good thing for investors who are looking for investment channels other than bitcoin. A lower price may attract more investors because it has more room for growth. The only drawback is that Ethereum is not as established as bitcoin. In view of this, bitcoin is more secure than Ethereum<
not as volatile as before
since bitcoin was founded in 2009, cryptocurrencies have made great achievements, and they have continued to grow. In fact, the value of legal cryptocurrency has risen a lot since then
although cryptocurrencies have performed very well this year, analysts expect that when the economic situation is good, investors will leave cryptocurrencies and return to traditional investment media. When this happens, the volatility of cryptocurrency will decrease because of the decrease of demand
of course, we will still see the growth of cryptocurrency in the next few years, which will help the instry remain strong. When that happens, it's a good idea for investors to hold cryptocurrencies for future growth.
2.

although bitcoin and Ethernet are both digital currencies, unlike bitcoin, the main purpose of Ethernet is not to build itself as a payment substitute, but to facilitate and monetize the operation of Ethereum, so that developers can build and run distributed applications

3. On August 1, 2017, bitcoin cash (BCC), a new blockchain asset based on the original bitcoin chain, was born, which became a hot topic in the streets. The city once exceeded US $7 billion, becoming a digital currency second only to bitcoin and Ethereum
in this process, bitcoin cash also tries its best to ride a roller coaster, which reminds people of Ethereum classic. Comparing bitcoin cash with Ethereum classic, will bitcoin cash become the next bitcoin classic
their similarities are all e to different concepts. A new type of blockchain asset, which is proced by a hard fork, has been separated from the main chain and has gone to an independent development path. They have also experienced price roller coaster fluctuations. They have inherited the mantle of the original chain and changed little. But there are also many differences:
1. Different backgrounds:
in June 2016, the Dao, the world's largest Ethereum project, was stolen from 3.6 million ethereums, with the direct market value as high as US $60 million, which was fatal to the Ethereum community just starting at that time. Vitalik buterin, the founder, and most of the community think that this can't be done. The community decided to roll back the Ethereum transaction through online voting. A small number of people in the Ethereum community think that this violates the irreversible principle of the blockchain and is a violation of the rules. They continue to adhere to the development of the original Ethereum chain, and the Ethereum classic is born and goes to the road of independent development<

bitcoin cash is the proct of the three-year debate over bitcoin expansion. On the one hand, some community members and developers who insist on large blocks are tired of endless debates. Although the New York consensus on community consensus scheme has won a phased victory, the future is still uncertain, and supporters of large blocks hope to move towards an independent development path; On the other hand, the community support rate of large blocks is also very high. Although the Bu expansion scheme often appears bugs, it still gets 40% of the computing power support of the whole network. Bitcoin cash is born out of the Bu expansion scheme, which continues the original intention of Nakamoto's design of bitcoin and makes certain changes in technology. It is a new technology attempt. In this context, bitcoin cash came into being to adapt to the development trend of the times
2. Different attention and influence
the predecessor of bitcoin cash is bitcoin, the Ruan Sheng brothers of bitcoin, and bitcoin is the global digital currency hegemony. After the separation of bitcoin from cash and main chain, bitcoin and bitcoin have taken different development paths. Bitcoin cash can be said to be born with the golden key. As soon as it comes out, it has won extensive attention from the community and become the focus of community discussion. News is flying all over the world, and many mainstream trading platforms at home and abroad also choose to support it. After a short period of adjustment, the price graally returned to rationality. The municipal government once ranked in the top three and still ranks in the fourth
Ethereum is the predecessor of Ethereum classic. Ethereum only ranked second in the global digital currency this year. In 2016, its popularity and community influence were not too high. The Ethereum classic split out is not optimistic by the community. There are few online platforms, and the price is plummeting all the way. The attention and influence of Ethereum classic in the community has not been high. The Municipal People's government has been unable to enter the top ten. There are no opportunities for community discussion and media attention. After several rounds of outbreak, the Municipal People's government has only ranked ninth
to sum up, bitcoin cash and Ethereum classics are different in terms of attention, community influence and historical background. The future development of bitcoin cash will be better. If the bitcoin community is still in constant infighting, does not want to make progress and refuses to change, bitcoin cash will have a chance to shake the dominant position of bitcoin, Instead.
4. Ethereum has established a programmable and Turing complete blockchain. On this blockchain, you can realize the proction of all kinds of digital assets through a simple program, and you can also accurately control the status of the blockchain assets circulating on Ethereum by writing a program, such as whether the asset is to be paid or locked or has a quota, whether the account is a treasure list or a white list Ethereum and other digital assets, etc. At the same time, Ethereum is a programmable, flexible and complete blockchain network foundation. On this basis, we can realize more functional procts of non regional fast chain assets. For example, I use Ethereum to set up smart contracts, which can be applied in personal daily economic life and enterprise economic activities. Ethereum is a new and open blockchain platform based on the concept of blockchain and blockchain assets. It allows anyone to build and run decentralized applications on the platform by using blockchain technology. In short, Ethereum technology is blockchain technology plus smart contract.
5. All of them are deceiving. Many people have been cheated. Don't believe them. There is no free lunch, and there will be no pie in the sky
6. There are a lot of Shanzhai.
7. I think it's a Leyte. Contract number
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