Number of Ethereum communities
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
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about the variability of blockchain
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eth, if most people agree to modify the chain, that is, variability, then they can modify the blockchain records and contracts
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etc, blockchain records and contracts can't be modified, that is, they can't be tampered with
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here are the advantages and disadvantages of the two methods
The advantage of -
variability is that people can make timely changes to make the right decisions. Therefore, modifying the specification is more practical than finding loopholes
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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
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differences in development
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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
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etc, the decision-making of blockchain is mainly decided by the feedback of three loose, collaborative teams with community participation
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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
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about compatibility
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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
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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
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etc focuses on making developers create more secure contracts, such as viper, iohk research, at the cost of consuming the number of potential developers
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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
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about the transaction speed
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eth, the average is 25 seconds, which will be shortened after upgrading
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etc, with an average time of 14 seconds, maintained at 10-14 seconds after upgrade, according to ecip-1010 and ecip-1036 protocols
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about the block capacity
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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
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
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about community
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eth, mainly discuss on reddit
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etc, mainly discuss on slack
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about monetary policy
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eth, the planned supply is growing steadily, resulting in an average inflation of 3% in eth blockchain in its life cycle
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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 -
etc owns etc trading trust, which allows investors to own etc instead of the asset itself
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
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.

to put it simply: if you are only the holder of eth, you don't need to make any preparation for this upgrade.
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.
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
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.
