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Description of Ethereum startup parameters

Publish: 2021-04-25 11:31:31
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

< 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

    2. At the top of Ethereum is DAPP. It exchanges with the smart contract layer through Web3. JS. All smart contracts run on EVM (Ethereum virtual machine) and use RPC calls. Below EVM and RPC are the four core contents of Ethereum, including: blockchain, consensus algorithm, mining and network layer. Except DAPP, all other parts are in the Ethereum client. The most popular Ethereum client is geth (go Ethereum)
    3.

    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")

    The token on the

    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

    extended data:

    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

    4. 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
    5. Bitcoin is BTC and eth is Ethereum
    the concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009 [1]. According to the idea of Nakamoto, the open source software is designed and released, and the P2P network on it is constructed. Bitcoin is a virtual encrypted digital currency in the form of P2P. Point to point transmission means a decentralized payment system
    Ethereum is an open source public blockchain platform with smart contract function, which provides decentralized Ethereum virtual machine to process point-to-point contract through its special cryptocurrency ether (ETH)

    warm tips:
    1. The above information is for reference only, without any suggestions
    2. According to the notice on preventing the financing risk of token issuance, there is no approved digital currency trading platform in China. According to the regulation of digital currency in China, investors have the freedom to participate in digital currency transactions at their own risk
    response time: February 1, 2021. Please refer to the official website of Ping An Bank for the latest business changes
    [Ping An Bank I know] want to know more? Come and see "Ping An Bank I know" ~
    https://b.pingan.com.cn/paim/iknow/index.html
    6. Ethereum has established a programmable and Turing complete blockchain. On this blockchain, you can realize the proction of all kinds of digital assets through a simple program, and you can also accurately control the status of the blockchain assets circulating on Ethereum by writing a program, such as whether the asset is to be paid or locked or has a quota, whether the account is a treasure list or a white list Ethereum and other digital assets, etc. At the same time, Ethereum is a programmable, flexible and complete blockchain network foundation. On this basis, we can realize more functional procts of non regional fast chain assets. For example, I use Ethereum to set up smart contracts, which can be applied in personal daily economic life and enterprise economic activities. Ethereum is a new and open blockchain platform based on the concept of blockchain and blockchain assets. It allows anyone to build and run decentralized applications on the platform by using blockchain technology. In short, Ethereum technology is blockchain technology plus smart contract.
    7. Generally speaking, undefined index is the exact writing problem in the process of writing. Notice generally prompts for errors that are not directly related to the execution of code, but don't forget that notice sometimes returns some rendant error information
    8.

    It is a kind of optical fiber Ethernet interface card, which transmits signals according to Ethernet communication protocol. It is generally connected with optical fiber Ethernet switch through optical cable

    eth0 and eth1 are used to distinguish network card names. They have the same meaning as windows local connection 1 and local connection 2

    the subnet card here is not a practical network interface, but it can flash in the system as a collection interface, such as eth0:1, eth1:2

    extended data:

    linux operating system embeds TCP / IP protocol stack, and protocol software has routing and forwarding function. Routing and forwarding rely on the installation of multiple network cards in the host as routers

    when a network card receives a degree packet, the system kernel will query the routing table according to the destination IP address of the degree packet, then send the degree packet to another network card according to the query result, and finally send the degree packet through the network card. The process of host is the core function of router

    routing function is realized by modifying Linux kernel parameters. The sysctl command is used to configure and display kernel parameters in the / proc / sys directory

    for security reasons, Linux kernel forbids packet routing and forwarding by default. In Linux system, there are two ways to enable forwarding function: temporary and permanent

    9. Truffle is a world-class development environment, testing framework, Ethereum resource management channel, dedicated to making Ethereum development easier, truffle has the following:
    built in smart contract compilation, linking, deployment and binary file management
    automatic contract testing under rapid development
    scripted and extensible deployment and publishing framework
    the network environment management function deployed to no matter how many public or private networks
    uses the package management provided by ethpm & NPM and erc190 standard
    a direct interactive console that communicates directly with the contract (after writing the contract, you can verify it on the command line)
    the configurable construction process supports tight integration
    external scripts can be executed in truffle environment< Truffle is the most popular development framework, whose mission is to make development easier
    installation method:
    $NPM install - G truffle
    environment requirements
    nodejs 5.0 +
    windows, Linux, or Mac OS X
    truffle needs Ethereum client and supports standard JSON RPC API. For development, some are more suitable, which will be introced in the following chapters (for example, testrpc provides real-time feedback ring coding and debugging)
    suggestions for Windows users
    if you are a Windows user, we recommend that you use PowerShell or git bash to install and use the truffle framework. These two shell environments provide more convenient features than the default
    if you have to use the command line, see the discussion here on how to configure truffle.
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