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Volume of Ethereum

Publish: 2021-04-15 03:29:54
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

< UL >
  • 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.

    as of August 23, 2019, Ethereum price: the highest price in 24 hours is ¥ 1922.07 ≈ 0.0365btc, the lowest price in 24 hours is ¥ 1876.36 ≈ 0.0356btc, the highest price in history is ¥ 10047.07 ≈ 0.1906btc, and the lowest price in history is ¥ 2.95 ≈ 0.0001btc

    2. Turnover of the exchange: 5.944 billion, 0.62%, 24 hours up and down

    precautions:

    1. The co founders of Ethereum believe that competition will be positive, and the world absolutely needs to see that indivial freedom is respected, and that they can freely access global IT tools. The data of these tools are not controlled by companies or companies that can use digital transformation to increase data

    Unlike paper or pound gold, code lines allow people to transfer value digitally. However, the difference between them and traditional currency lies in the source, maker and owner. These new currencies, designed by computer scientists and based on Mathematics and cryptography, are not forged, controlled or supported by the government

    3. China bitcoin chbtc is the largest eth trading platform in China. Eth / BTC trading was launched on March 14, 2016, and it developed rapidly in just over a month. On April 30, the trading volume of eth / BTC had exceeded one million.
    4. Blockchain exchange
    you mean platform trading. Domestic illegal, international and mostly deceptive, you find the well-known ones. There is a special introction to blockchain network. Remember to be legal, otherwise you can't withdraw cash and it's useless to make money.
    5.

    China's top ten virtual currency trading platforms are bitcoin, okcoin, Huo coin, jucoin, yuncoin, BTCC, coin security, bitera and viabtc

    6.

    This is a Linux system IP address configuration command. The specific meaning is:

    set the IP address of the system to 192.168.0.2; The subnet mask is 24, that is 255.255.255.0; The broadcast address is 192.168.0.255; The name of NIC device is eth0

    all computers in the network must set a unique IP address to communicate normally. Because of this unique address, users can select the objects they need from thousands of computers efficiently and conveniently when they operate on networked computers

    The IP address is just like our home address. If you want to write to a person, you need to know his or her address so that the postman can deliver the letter. A computer sending information is like a postman. It must know the only "home address" to avoid sending the letter to the wrong person. But our address is expressed in words, the address of the computer is expressed in binary numbers

    eth0 is the name set by the system for the network card. If there are al network cards or multiple network cards, there will be names like eth1 and eth2. The name can be set artificially. It is the unique name of the network card in the current computer system

    < H2 > after modification, you can use ifconfig command to check whether the modification is successful

    7.

    the first step we need to have a principal company. The principal company does not have to be an American company, but can also be a Hong Kong company, a British company, an archipelago company, etc

    within the day, at the 4-hour level, the moving average system (5, 10, 20) showed a more cohesive arrangement, in which mA20 (purple line) played a major role in supporting the price, and the price rebounded again after stepping back on MA60, which can be considered as an effective break, and this level turned to be cautiously bullish; At the 1-hour level, the price is currently in a consolidation state of high and more, and the MACD index is running above the zero axis, so this level is also more

    to sum up, the price rose again to the upper track of the shock range after severe shock at the high level, and the medium and short-term trend pointed to the direction of price operation, so the light position can be involved in the bullish in the day. Intra day support focuses on the 1400 line. This price can be seen as the long short watershed of this round of rise. As long as the price does not fall below this price, the operation strategy of batch intervention can be adopted. It is suggested that each time a position is built, it should not exceed 30% of the position. After the last time a position is built, it should be considered to increase the position; The top focuses on the resistance from 1790 to 1960

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