Blockchain wallet Ethereum
In Ethereum, all kinds of transfer and other transaction operations need to be completed by accounts. In the transaction platform, such as currency exchange transaction platform, each transaction needs to have a transaction initiation account and a transaction receiving account. Each account corresponds to an address, and the account name is the label of the address. Use a wallet to manage accounts. A wallet can contain multiple accounts. Of course, you can also create multiple wallets
what is Ethereum:
Ethereum is an innovation based on the application of technologies and concepts in bitcoin to computers. Ethereum itself imitates a lot of bitcoin technology to maintain the computer platform. Blockchain technology is one of them
Ethereum platform can safely run any program users want
advantages of Ethereum over other competitive currencies before Ethereum appeared, some digital currencies imitated bitcoin. However, these projects have their own shortcomings, they can only support one or several specific applications at the same time< However, the reason why Ethereum can surpass the limitations of these projects in the past is because of the core idea of Ethereum
what Ethereum wants to implement is a blockchain protocol with built-in programming language. Since it supports programming language, in theory, any blockchain application can be defined with this language, and then run on Ethereum's blockchain protocol as an application
The design of Ethereum is very flexible and adaptable
Ethereum target sets the advantages of blockchain technology, in order to add the advantages of blockchain, such as decentralization, openness and security, to almost all computing fields
blockchain applications of Ethereum
Ethereum has many blockchain applications, such as digital applications of gold and stocks, financial derivatives applications, DNS and digital authentication, etc
Ethereum has achieved more than 100 blockchain applications by many start-ups
Ethereum has also been closely watched by some financial institutions, banking consortia (such as R3), as well as large companies like Samsung, Deloitte, RWE and IBM. As a result, a number of blockchain applications such as simplified and automated financial transactions, merchant loyalty index tracking, and gift cards designed to achieve decentralization of electronic transactions have emerged
the relationship between Ethereum and blockchain:
Ethereum is a programmable blockchain
Ethereum does not give users a series of preset operations (such as bitcoin transaction), but allows users to create complex operations according to their own wishes
in this way, Ethereum can be used as a platform for various types of decentralized blockchain applications, including but not limited to cryptocurrency
like other blockchains, Ethereum also has a peer-to-peer network protocol. Ethereum blockchain database is maintained and updated by many nodes connected to the network. Each network node runs the Ethereum simulator and executes the same instructions. Therefore, people sometimes call Ethereum "world computer"
1. Wallet address: similar to the bank card number, a person can have multiple bank cards. Similarly, he can also have multiple wallet addresses. A wallet address can only correspond to one private key
2. Wallet ID: customer ID (name) similar to bank card
3. Public key and private key: the holder of the private key is the holder of the currency in the bank card. The private key can calculate the public key, the public key can generate the wallet address through a series of digital signatures, and the data encrypted by the private key can be decrypted by the public key, or vice versa
I know this area quite well, and I have some ideas to develop a blockchain wallet. After all, it is a high-tech wallet. Before I learned about a development company called Xuanling technology on the Internet, and also consulted the people over there. I felt that it was quite professional. I hope I can help you~
at present, the central bank's research on digital currency is still at an early stage, and it only plans to launch digital currency, but it is still far away from issuing digital currency. When the central bank studies digital currency, it may study the existing mainstream digital currencies such as bitcoin, Ruitai, dogcoin, etc.