The principle of stir frying Ethereum
warm tips: the above explanations are for reference only, without any suggestions. There are risks in entering the market, so investment should be cautious. Before making any investment, you should make sure that you fully understand the nature of the investment and the risks involved in the proct. After a detailed understanding and careful evaluation of the proct, you can judge whether to participate in the transaction
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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
since last year, a variety of digital currencies have emerged in an endless stream, and blockchain has also been on fire
many people are connected with blockchain as soon as they mention currency speculation; As soon as you hear that an enterprise is doing a blockchain, you will immediately ask if you want to issue money
it seems that blockchain is equivalent to digital currency, and the purpose of studying blockchain is to speculate in currency< br />
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when you are new to blockchain or digital currency, it is reasonable to equate blockchain with currency speculation
after all, if it wasn't for the growing popularity of bitcoin, no one might have paid attention to blockchain technology so far. If it wasn't for more and more people investing in bitcoin, no institution would have issued a variety of other digital currencies
however, after in-depth understanding of blockchain and digital currency, we still think that blockchain is money speculation, so our understanding is really a bit biased
blockchain is the underlying technology of bitcoin. No matter bitcoin, Ethereum, lightcoin or other various tokens, they are all applications based on blockchain technology
but this does not mean that the blockchain can only be used to issue money, just like fish is raised in the water, but it can not be said that fish is water, and hairy crabs and crayfish can grow in the water
in addition to the various tokens we see at present, blockchain has a very broad application prospect
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so what is a blockchain
to put it clearly, blockchain is: "blockchain is a kind of technical mole or encryption algorithm that is both basic application and top-level design. It breaks the barrier that an information is only saved by one central server or multiple services in the past, and copies the same information to more places at the same time, such as 1 million servers. Only when more than half of the stored information has been tampered with can chaos be caused. "
in a word, understand the relationship between bitcoin and blockchain:
blockchain is a technical concept born from bitcoin encryption technology
bitcoin is a kind of digital virtual currency, followed by the payment currency as a contribution to storage computing power
if you want to store the same information in countless servers, who will store it for free? There has to be a reward. Bitcoin is a reward for accepting free storage. This reward is a virtual thing called bitcoin.
First of all, I want to make it clear that currency speculation, like stock speculation and futures speculation, is speculative. Moreover, currency speculation involves more uncontrollable factors. For example, exchange fraud, hacker attacks and so on, it is impossible to completely avoid risks. However, we can rece the risk of investment by hedging. Specific hedging concepts and methods, you can go to their own search, I'll talk about a general core. The core of currency speculation hedging is the use of leverage and hedging. For example, you can use the leverage services provided by some exchange platforms to do more than one currency. As long as the currency price does not fall below the balance line, you can use 10 times of leverage to operate. On the other hand, you need to find another currency that may have the opposite situation after the rise or fall of your currency, or you can directly do some blank in another exchange, This will rece the risk
