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Number of Ethereum communities

Publish: 2021-04-21 18:05:07
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.

    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

    3. 1. What is the ether classic<

    etc (Ethereum Classic) is a bifurcated currency that Ethereum hard bifurcates after 1920000 blocks, and its function is very similar to Ethereum. Etc adheres to the concept of decentralization and supports the consensus mechanism of blockchain guarantee. Etc firmly believes that once the blockchain starts to run, its development direction will not be controlled by any central team, but will be determined by the consensus of the people participating in the whole network and the consensus of the computing power of the whole network

    the Ethereum blockchain hard branching in July 2016 aims to transfer the Dao funds stolen by hackers to an account controlled by investors, and let the old transaction records be forgotten by history. Most Ethereum developers are involved in the reversal, as are exchanges, startups and other members of the ecosystem. A few days later, the project returned to normal. But not everyone wants to forget the old record. As a result, a small number of miners continued to use the original blockchain as a protest. They described the hard fork as a capital withdrawal for the abandoned project of the Dao. So Ethereum classic (etc) was born

    2. Detailed parameters

    Chinese Name: Ethereum classic English Name: Ethereum classic English abbreviation: etc

    developer: Ethereum Classic team core algorithm: ethash consensus proof: POW

    release date: 2016 / 7 / 20 block time: About 15-17 seconds / block

    total currency: fixed at 210 million, up to 230 million, Every 5 million blocks decelerate by 20%, and the first proction rection is expected to be in December 2017

    main features: independent cryptocurrency
    4.

    The price of Eth and other virtual currencies is determined by the following aspects: 1. Frequency of use; 2. Actual use; 3. Number of participants

    as for how much room to go up, the current price of Ethereum is about 6600. Recently, e to the frequent use of Ethereum private placement, Ethereum has risen to more than 10000. Ethereum is a smart contract, and there are countless tokens developed based on Ethereum. Therefore, as the underlying public chain of smart contract, its prospect changes with the popularity of blockchain, However, some time ago, the disadvantages of Ethereum were exposed. The main chain was congested and the handling fees were extremely expensive. The development of Ethereum was close to the bottleneck. Therefore, the room for its growth was whether the developers could improve the main chain environment according to the disadvantages. As for the number of participants, it was not a big problem now. Pay more attention to the current development progress of the developers and focus on doing things, There is a bright future ahead

    at present, the websites that can trade Ethereum include: btctrade international station, Huo coin, coin an, etc.

    5. Different communities belong to community assets, and forums belong to different local attributes of communication
    6. In fact, most trading platforms support eth Ethereum trading
    7. The bifurcation of Ethereum Constantinople is about to begin. Many people are curious about this bifurcation and are not sure whether they need to be prepared in advance
    to put it simply: if you are only the holder of eth, you don't need to make any preparation for this upgrade.
    8. Mortgagor (Party A)_________
    mortgagee (Party B)_________
    Party A_________ Mortgage the self owned real estate and its attachments to Party B as_________ I'll give you my guarantee. Party A and Party B enter into this contract through mutual consultation on the basis of the principles of voluntariness, mutual benefit, fairness and good faith
    Article 1 the real estate is located in_________ Building area_________ Square meters, land area_________ Square meters, housing ownership certificate No, Co ownership certificate No, Land Use Certificate No, Common attachment_________ The value of the collateral is RMB (in words) Zeng Yu_________ Year_________ Month_________ Daily mortgage to, The term is_________ Months to_________ Year_________ Month_________ The guaranteed debt is RMB (in words)_________ Yuan
    Article 2 Party A shall mortgage all / part of the above real estate and its attachments to Party B, the scope of which shall be as follows:_________ The details are shown in the attached table and attached figure)
    Article 3 the value of this mortgage guarantee debt is RMB (in words)_________
    Article 4 the content of real estate guarantee for mortgage is the principal, interest, default interest, penalty and relevant taxes of the guaranteed debt
    Article 5 time limit:_________ Year (month), from_________ Year_________ Month_________ It's the first day of the year_________ Year_________ Month_________ At the end of the day
    Article 6 ring the mortgage period, the mortgaged property shall be in the possession of Party A. Party A shall maintain the collateral in good condition ring the period of possession. Party B has the right to inspect the collateral occupied by Party A, and Party A shall take the initiative to cooperate
    Article 7 ring the mortgage period, Party A shall not transfer or dispose of the mortgaged property in other forms without the written consent of Party B, and shall not change the nature of its use; If the mortgaged property is bequeathed or inherited, the donee or successor shall promptly notify Party B in writing
    Article 8 in addition to natural wear and tear, if the collateral is damaged, Party A shall take measures to maintain and repair it, so as to rece the loss. The cost shall be borne by Party A and Party B shall be informed in time
    Article 9 if the collateral is unable or insufficient to guarantee the debt e to Party A's fault, Party A shall provide or increase the guarantee in time
    Article 10 when mortgaging a leased house, the mortgagor shall inform the mortgagee of the fact that the house has been leased, and shall also inform the lessee in writing. After the mortgage contract comes into effect, the original lease contract shall continue to be valid
    Article 11 if the subject of the contract is changed in the mortgage relationship and the contract continues to be valid, the rights and obligations stipulated in the contract shall be enjoyed and undertaken by the subject of the contract after the change. The parties to mortgage shall jointly apply to the real estate mortgage registration authority for registration of contract change. If the terms of the contract are changed, a new contract shall be signed.
    9. 🌎 &# 128144; The shock is coming&# 127758;
    it took only three years for Ruibo 5 yuan to become 100 million yuan
    it takes eight years for bitcoin to change from 300 yuan to 100 million yuan
    it took two years for the small ant coin to change from 110000 to 100 million
    it took three years for Ethereum to change from 20000 to 100 million
    have you seized all these opportunities? If not, then you must seize our Dakar
    10. Define target groups, such as blockchain, and strengthen identity. In fact, a community is a group of like-minded people gathering and connecting to maintain the vitality and activity of the community. A community needs a series of activities to gather users, strengthen user relations, and promote the existence of the community. The value of the community lies in its operation. Operation needs professional execution team, content proction, activity planning, new media operation and customer service. What's more, we should do something that resonates, gather people's popularity and resonance, let everyone in the community mutual benefit, and do incentive welfare
    together with WeChat users, QQ group, micro-blog, official account, network promotion, etc., we will gather users with common concerns. For example, we set up chain link groups in QQ group, bitcoin, Ethernet similar, let people who find common sense of belonging join in, and promote keywords in the network.
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