1. Ethereum energy coin is not MLM
Ethereum is an open source public blockchain platform with smart contract function. Ethereum provides decentralized virtual machine (Ethereum virtual machine) to process point-to-point contract through its special cryptocurrency Ethereum
in 2013, vitalik buterin, 19, first mentioned the idea of Ethereum in a book entitled "Ethereum white paper: next generation intelligent connection and decentralized application platform". Then, in 2014, the algorithm and protocol of Ethernet coin were officially implemented, and $150 million was raised. The system itself was finally completed on July 30, 2015
as the representative of blockchain 2.0, the mainstream currency Ethernet is regarded as the wind vane of crypto digital currency market. However, over the past week, the price of ether currency has continued to fall. On August 14, 2018, the ethereal currency plummeted by 20%, reaching a record low of $257 this year. Compared with this year's peak of $1295, the price of Ethernet currency has shrunk by more than 80%. Affected by this, on August 15, 2018, none of the top ten mainstream currencies in the digital money market was spared, falling across the board, with a number of single day declines exceeding 10%
extended data
Ethereum started planning almost in 2013, and started to implement the project in 2015. Before that, there were many digital currencies imitating bitcoin in the market, and they made various modifications on the basis of bitcoin code. In this way, it is very difficult to develop a new blockchain application, to re deploy a new chain, and then to develop an application on this chain. Using a consensus mechanism of pow alone is a huge maintenance workload. It's like developing an app on a mobile phone and developing the Android system together
after Ethereum comes out, it is equivalent to the underlying operating system of the blockchain. On Ethereum, it is very convenient to develop various dapps without considering the underlying development, and it can also share the computing power and storage of Ethereum. For programmers, the threshold of blockchain development is lowered instantly. The emergence of Ethereum has played a very important role in the development and popularization of blockchain applications. That's why Ethereum is called blockchain 2.0
2. Whether a currency is counterfeit depends on whether it meets the basic characteristics of blockchain. Blockchain is divided into public chain and private chain. The public chain is a block chain based on the principle of decentralized open consensus, which has two characteristics: 1. Decentralized, single point can not be controlled; 2; 2. Open, all people or institutions can participate in any part of the blockchain ecology; Private chain or alliance chain is a local decentralized and non open block chain based on internal or self trust. It has two characteristics: 1. Local decentralization. For example, several banks run one node and have equal computing power; 2. In closed operation, only officially designated participants can participate in the core work of blockchain operation, and even block queries are limited or not open to the outside world at all; Ethereum started as a community project and is still on the road of decentralization. However, Ethereum chooses to become more and more decentralized and public chain like bitcoin. At present, Qube is the largest trading platform of Ethereum in China, followed by oke, and the trading volume of bitmex abroad is not small. Its recognition is second only to BTC.
3. The future is so far away that no one can be sure. However, no one can shake the dominant position of bitcoin within a predictable time frame. There is no way to change the situation of bitcoin, Wright coin, Ethereum, Ruitai coin and doggy coin. The only thing that can change is the market value ranking of Shanzhai coins other than bitcoin. However, it is not ruled out that in the future there will be a
virtual currency supported by most countries in the world, which may surpass bitcoin.
4. In 2020, I'm afraid we can't simply assert that "computers are faster than human brains"
when you calculate the results of a hundred complex formulas, the computer must be fast
however, if it is to analyze a voice or a picture, it is difficult for a computer to surpass human beings.
5. In addition to bitcoin, other subsequent blockchain technologies are called "Shanzhai coin"< Br > of course, "Shanzhai currency" is not a counterfeit currency. Some of them have even made many innovations to overcome the shortcomings of bitcoin, such as Ethereum. Replacing bitcoin with smart contract is a huge innovation. There are some good "Shanzhai coin" can also solve some pain points in real life, and there are practical application scenarios. As for other direct application of source code, it may be attributed to another level < br > "Shanzhai coin" can be summarized as: Based on bitcoin source code or ideas to achieve; Innovation; There are some application scenarios.
6. In addition to bitcoin, other subsequent blockchain technologies are called "Shanzhai coin". Of course, "Shanzhai coin" is not a counterfeit coin. Some even make many innovations to overcome the shortcomings of bitcoin. For example, Ethereum (Ethereum), replacing bitcoin with smart contract is a huge innovation. There are some good "Shanzhai coin" can also solve some pain points in real life, and there are practical application scenarios. As for other direct application of source code, may be attributed to another level, "counterfeit currency" can be summarized as: Based on bitcoin source code or ideas to achieve; Innovation; There are some application scenarios.
7. Yes! I push zcash!