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All nodes of Ethereum

Publish: 2021-04-11 07:35:55
1.

a brief history of etheric Classics (etc)

etheric classics began with an unfortunate event

in May 2016, the decentralized autonomous organization (DAO) held a token sale with the goal of establishing a blockchain based venture capital to fund future decentralized applications (dapps) in the Ethereum ecosystem

basically, Dao is a complex smart contract that operates in a decentralized way - computer code that automatically performs tasks between multiple parties when conditions are met

despite its ambitious goals and successful token sales, Dao's code has a major vulnerability that allows attackers to steal eth from decentralized organizations

the attacker took advantage of this vulnerability in June 2016, triggering the infamous Dao hacking event, and maliciously stole eth worth about US $50 million

there is no doubt that Dao hacking has shocked Ethereum community and made eth price drop from $20 to $13

after the Dao hacking, the Ethereum community has to choose from three options

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  • do nothing and try to bear the consequences of the attack; Or

  • start soft bifurcation to recover funds; Or

  • deploy a hard fork to recover the lost eth

  • both soft and hard bifurcations are significant network upgrades. However, soft fork allows users who are not upgraded to communicate with upgraded users, while hard fork is not backward compatible with previous versions

    as developers realize that deploying soft forks will expose the network to distributed denial of service (DDoS) attacks, Ethereum community decides to initiate hard forks to recover the funds lost in Dao hacking attacks

    although this scheme is supported by most people, a small number of people in Ethereum community oppose it. They think that "code is the law" and blockchain network should be unchangeable

    the failure of both sides to reach an agreement on the solution eventually led to the fragmentation of Ethereum blockchain

    those who tried to recover the lost eth chose the hard fork and opened the Ethereum (ETH) blockchain as we know it today, while another group stayed on the original Ethereum classic (etc) chain

    what problems does ethereal classic solve

    Ethernet classic (etc) is a blockchain platform that allows developers to deploy smart contracts and dapps

    although this function is the same as Ethereum (ETH), etc blockchain has two main differences

    first of all, Ethereum classic community opposes tampering with distributed ledger and supports the view that "blockchain network cannot and should not be modified"

    secondly, although there is no rigid upper limit on the total supply of eth, it is allowed to create 230 million etc at most by adopting the monetary policy of constant supply

    as a bonus item, ethereal classic launched Atlantis hard bifurcation last year to increase the interaction with Ethereum and improve the privacy protection of transactions through ZK snarks

    the trading platforms recommended by etc

    hot money, okex, AAX, etc

    2. At the top of Ethereum is DAPP. It exchanges with the smart contract layer through Web3. JS. All smart contracts run on EVM (Ethereum virtual machine) and use RPC calls. Below EVM and RPC are the four core contents of Ethereum, including: blockchain, consensus algorithm, mining and network layer. Except DAPP, all other parts are in the Ethereum client. The most popular Ethereum client is geth (go Ethereum)
    3.

    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

    4.

    1. about the variability of blockchain

    2. eth, if most people agree to modify the chain, that is, variability, then they can modify the blockchain records and contracts

    3. etc, blockchain records and contracts can't be modified, that is, they can't be tampered with

    4. here are the advantages and disadvantages of the two methods

      The advantage of
    5. variability is that people can make timely changes to make the right decisions. Therefore, modifying the specification is more practical than finding loopholes

    6. non modifiability means that no matter how smart people are at that time, it is impossible not to make mistakes. Therefore, when problems arise in this scheme, it is best to find and solve the loopholes through the existing legal framework

    7. differences in development

    8. eth, whether it is intentionally arranged or since its birth, the core decisions of blockchain are made by Ethereum foundation with the participation of the community and most of them are developed by it

    9. etc, the decision-making of blockchain is mainly decided by the feedback of three loose, collaborative teams with community participation

    10. in any case, anyone can put forward improvement suggestions for the two kinds of blockchains. This is the benefit of open source, and it is also very common. You will find that developers of the two chains communicate with each other through GitHub and reddit. I hope to improve the frequency of communication in order to achieve the common goal

    11. about compatibility

    12. at present, the two kinds of blockchains are compatible with each other. Contracts or applications written by eth can be applied on etc, and vice versa

    13. eth, focusing on ewasm, is committed to providing a platform for more and more developers, while the issue of contract security is secondary, such as viper

    14. etc focuses on making developers create more secure contracts, such as viper, iohk research, at the cost of consuming the number of potential developers

    15. it's obvious that both chains can accept each other, regardless of whether their wishes are the same or not. My view is that the number of developers is not necessarily related to the quality of the proct

    16. about the transaction speed

    17. eth, the average is 25 seconds, which will be shortened after upgrading

    18. etc, with an average time of 14 seconds, maintained at 10-14 seconds after upgrade, according to ecip-1010 and ecip-1036 protocols

    19. about the block capacity

    20. eth, with the daily trading volume of eth graally reaching 5 million, the block capacity is graally saturated. This situation is similar to the recent transaction cost of bitcoin. This problem can be solved by expanding the block capacity by increasing the default fuel limit

    21. ETC­, At present, there is still a lot of room for block capacity. As more and more people accept etc, the block capacity will also increase, just like eth

    22. about community

    23. eth, mainly discuss on reddit

    24. etc, mainly discuss on slack

    25. about monetary policy

    26. eth, the planned supply is growing steadily, resulting in an average inflation of 3% in eth blockchain in its life cycle

    27. etc, before 2025, inflation will reach 3%, and then the total supply will reach 200 million etc, and then there will be deflation

      As for the regional distribution of trading volume, China accounts for 20%, South Korea 25% and the United States 25%

      In etc, China accounts for 50%, South Korea 25% and the United States 10%

      About securities, at present, investors do not have the option to trade securities. Recently, one of eth's ETFs, trading open-end index funds, was denied by the regulators

    28. etc owns etc trading trust, which allows investors to own etc instead of the asset itself

    5.

    Ethereum is an implementation of blockchain. In Ethereum network, many nodes are connected with each other to form Ethereum network:

    Ethereum node software provides two core functions: data storage and contract code execution

    in each Ethereum node, complete blockchain data is stored. Ethereum not only saves the transaction data on the chain, but also saves the compiled contract code on the chain

    At the same time, a virtual machine is provided to execute the contract code

    Ethereum virtual machine

    Ethereum blockchain not only stores data and code, but also contains a virtual machine (EVM) in each node to execute contract code - it sounds like a computer operating system

    in fact, this is the core difference between Ethereum and bitcoin: the existence of virtual machine has brought blockchain into the era of 2.0 and made blockchain a friendly platform for application developers for the first time

    the above content comes from the introction course of Ethereum DAPP development

    6. Yes, but it is better to use overseas servers. In addition, the server configuration should be medium or above.
    7. Generally speaking, undefined index is the exact writing problem in the process of writing. Notice generally prompts for errors that are not directly related to the execution of code, but don't forget that notice sometimes returns some rendant error information
    8. How many account addresses can an Ethereum node have at most
    A: generally, there is only one account address, otherwise there will be an error! Blockchain itself is unique. If there are multiple account addresses on one node, it violates the fundamental principle of blockchain!
    9. There is no problem at all, but relatively speaking, we must buy some reliable ones, because we must pay attention to them.
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