Practical application of Ethereum

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

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")

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

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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

(1) The underlying platform of the blockchain is a domestic independent and controllable blockchain platform developed by the science and technology of the blockchain. With the characteristics of high performance, high availability, scalability, easy operation and maintenance, strong privacy protection, and hybrid storage, the platform cooperates with the data sharing and security computing platform bitxmesh, the blockchain open service platform filoop, the supply chain finance platform filolink, and other platforms The deposit service platform filoink and the smart contract security R & D platform meshsec can better support the applications of enterprises, governments, instry alliances and other instries, and promote the efficient circulation of value among multiple institutions

(2) JD chain is the underlying framework of enterprise level blockchain independently developed by JD, and its birth marks that JD has started the construction of "Zhizhen ecology" based on the baas platform of blockchain and the underlying chain of "jdchain". Relying on the "one key deployment" capability of multiple optimization implementation, JD Zhizhen chain service platform has achieved the leading second level blockchain node deployment. In addition, it also has the core advantages of open compatibility with a variety of underlying, enterprise level dynamic networking and other mature applications. The timely launch of JD Zhizhen chain will effectively promote the large-scale implementation of enterprise level blockchain applications in various instries, and promote the construction of China's and global trust economy

(3) thunderchain is a blockchain application project independently researched and developed by netxin technology under thunderchain, which has high concurrency and second level confirmation capability of millions of TPS. Based on the research and development of high-performance blockchain procts, Xunlei has built an open platform of Xunlei chain, which helps enterprises or indivial developers to deploy smart contracts, easily realize the proct and service on the chain, and make the application development of blockchain more convenient

(4) Jingtong blockchain

Jingtong blockchain is the core underlying technology of Jingtong technology's blockchain with independent intellectual property rights. It is an effective decentralized Internet trading network based on blockchain technology, which adopts layered design (5 layers) underlying platform and multi language intelligent contract system, and has realized cross chain function. It has multi-level, all-round and one-stop service capabilities such as private chain, cloud chain and alliance chain. The layout of instry and regional ecology has taken shape

in addition to the above blockchain procts, there are community led LTC, cosmos, iota, Neuros, nuls, MOAC, etc., and enterprise led ripple, stellar, Weizhong bcos, network xuperchain, Huawei, Ping'an, Wanxiang, ant financial services, Zhongan, Bubi, matrix element, secret ape, zhongxiangbit, complex beauty, Shanghai Lianjing, etc

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blockchain is far more than a technology, which involves the spirit of "multi-party cooperation". In modern society, a lot of things must rely on everyone's cooperation to achieve 1 + 1 & gt; But we should try our best to avoid the problem of "information asymmetry" in cooperation

therefore, members of the alliance should keep accounts and share data together, and make everything public to eliminate "information asymmetry", so as to protect everyone's interests and make the business environment develop healthily. Honest work will get e benefits, if cheating will naturally be known to all. Technology is the foundation to help achieve this pattern. This is the more important "blockchain thinking"