Bitcash Ethereum
BTC, usdt, ETH, BCH, LTC mean respectively:
1, BTC
bitcoin. The concept was first proposed by Nakamoto in 2009. According to Nakamoto's idea, the open source software is designed and released, and the P2P network is built on it. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system
2, usdt
TEDA currency is a virtual currency that links cryptocurrency with legal currency US dollar, and is a virtual currency kept in foreign exchange reserve account and supported by legal currency
Ethethereum is an open source public blockchain platform with intelligent contract function, which provides decentralized Ethereum virtual machine to process point-to-point contract through its special cryptocurrency ether
4. BCH
bitcoin cash is a new version of bitcoin with different configurations launched by a small number of bitcoin developers
at 20:20 on August 1, 2017, bitcoin cash starts mining, and each bitcoin investor's account will have the same amount of bitcoin cash (BCH)
5, LTC
litecoin, abbreviated as LTC, currency symbol: & # 321;; It is a kind of network currency based on "peer-to-peer" technology. It is also an open source software project under MIT / X11 license. It can help users make instant payments to anyone in the world
source of reference: network bitcoin
source of reference: network TEDA coin
source of reference: network Ethereum
source of reference: network bitcoin cash
source of reference: network letcoin
source of reference: Network
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
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.
Ethereum is a cryptocurrency whose market value is only lower than that of bitcoin. The emergence of Ethereum also makes up for the lack of scalability of bitcoin. After five years of development, Ethereum has accumulated a large number of fans. Ethereum's concise functional application highlights its own advantages, but Ethereum, which has been developing smoothly, has encountered a "blow", In an interview, SEC Chairman Jack Leighton made it clear that Ethereum was a security, which caused an uproar and led to a crisis of trust in Ethereum
some days ago, people have been worried that once Ethereum is identified as a security, most Ethereum transactions will be banned. Once Ethereum trading stops in the U.S. market for some reason, its currency price will plunge, and other Ethereum related cryptocurrencies will avalanche one after another, or even withdraw from trading. The blow to the coin ring is unimaginable
If Ethereum is really a security, the consequences will be unimaginable. After all, Ethereum has a very small position in the currency circle. Most people have Ethereum in their hands, which may make the Ethereum in the hands of investors depreciate significantly, which will bring a disastrous blow to the currency circle. Whether Ethereum can survive the disaster will make the exchange and investors sweat. For more details, please click