What are the projects based on Ethereum

1. Ethereum is a new and open blockchain platform, which allows anyone to build and use decentralized applications running through blockchain technology in the platform
just like bitcoin, Ethereum is neither controlled nor owned by anyone - it is an open source project created by many people around the world. Different from bitcoin protocol, Ethereum's design is very flexible and adaptable. It is very easy to create new applications on the Ethereum platform. With the release of homestead, anyone can use the applications on this platform safely
Ethereum is a programmable blockchain. It does not give users a series of preset operations, but allows users to create complex operations according to their own wishes. In this way, it can be used as a platform for many types of decentralized blockchain applications
in a narrow sense, Ethereum refers to a series of protocols that define a decentralized application platform. The core of Ethereum is Ethereum virtual machine (EVM), which can encode any complex algorithm. In computer science terminology, Ethereum is "Turing complete.". Developers can use the existing JavaScript and python as the model of other friendly programming languages to create applications running on the Ethereum simulator.

2. Ethereum, ETH for short. At the end of 2013, vitalik released the white paper of Ethereum, and in July 2014, the pre-sale of Ethereum began. At that time, insiders called this kind of token issue "crowdfunding". Through the 42 day pre-sale, the Ethereum team raised more than 30000 bitcoins through the pre-sale of 60102216 Ethernet coins; In addition, the early contributors who participated in the development before the pre-sale and the developers who have been engaged in project research for a long time are allocated according to 9.9% of the total amount of Ethernet coins sold at that time. So when Ethereum was officially released, there were more than 72 million Ethereum coins. After the end of Ethereum's pre-sale, it uses the proof of work mechanism POW for mining, and rewards the miners according to 26% of the total amount issued at that time every year. In October 2014, Ethereum reced the block output time from 60 seconds to 12 seconds, and now it is basically stable at 15 seconds, with 5 etheric coins awarded for each block
although the pow mining mechanism is adopted, the block out mechanism of Ethereum is different from that of bitcoin. Due to the short block time of Ethereum, Ethereum is easy to form isolated blocks. Isolated blocks refer to the blocks that are not on the longest chain. Bitcoin's isolated blocks have no block rewards, but in Ethereum, isolated blocks can be referenced. The referenced isolated blocks are called "Uncle blocks", and their packaged data will also be recorded in the blockchain. Unlike bitcoin, Ethereum's TERT block has a reward, and each TERT block can get a reward of 4.375 Ethernet coins at most
Ethereum is a programmable and Turing complete blockchain development platform, which is equivalent to a decentralized global computer. In a programming system, there are usually some virtual machines to compile and execute. Java has JVM. In Ethereum, there is also Ethereum's virtual machine EVM, which can execute any complex algorithm code. Developers can use existing programming languages such as JavaScript or Python to create their own applications on Ethereum. Through Ethereum's virtual machine, you can easily issue digital assets, write smart contracts, set up and run decentralized applications, and set up decentralized autonomous organizations
eth is also known as the internal fuel of Ethereum. Unlike currency digital assets, Ethereum is not only used for transfer, but also for payment of smart contracts
in order to prevent the Ethereum blockchain from being full of junk contracts and junk applications, and to establish and run smart contracts on Ethereum, you must use eth to pay for smart contracts. For example, when you transfer your newly created digital assets on the Ethereum blockchain, you need to use eth to pay the handling fee instead of your newly created digital assets.

3.

From the current mainstream blockchain projects, blockchain projects are mainly divided into four categories: the first category: currency; The second is platform; The third category: application category; The fourth type: asset token

currencies mainly act as the "exchange media" in the field of blockchain assets, and the exchange media refer to general equivalents, such as gold and silver bills in the past< (currency exchange on trading blockchain assets)

platform projects refer to the establishment of technical platforms to meet the needs of various blockchain application development, which can rece the threshold of application development on blockchain

application projects cover a wide range of fields, including finance, social networking, games, property rights protection, etc., and are also the fastest growing fields of blockchain assets

asset token project refers to the blockchain mapping of physical assets, that is, the physical assets on the chain. At present, there are no more than 10 varieties

01 currency

the first category is currency project, which is also the earliest blockchain project. Currency projects mainly include bitcoin and lightcoin. In addition, there is another kind of asset with the characteristics of anonymity. Its main functions include protecting the privacy of both sides of payment while realizing payment. The well-known ones are dash, monero and zcash. Currency is mainly used as the "exchange medium" in the field of blockchain assets. The exchange medium is the general equivalent you use to exchange goods. For example, gold, silver and silver bills can be used as the exchange medium in the past. At present, there are more than 2100 types of digital assets in the world, and the number of currency blockchain projects has increased rapidly recently. As of June 2018, bitcoin is still the largest market value

02 platform type

the second type is platform type blockchain project. The main function of platform type blockchain project is to establish a technical platform to meet the technical requirements of various blockchain application development; In short, platform applications allow developers to directly issue digital assets and write smart contracts on the blockchain. Smart contract is a computer program running on the blockchain database, which can be automatically executed under the conditions of its source code setting

for example, you develop a smart contract based on the house rent protocol on the blockchain. When the owner receives the rent, it will trigger the automatic execution and give the security key of the apartment to the tenant

the main function of platform blockchain projects is to establish the underlying technology platform, so that developers can do application development on the underlying technology platform. A considerable number of platforms are still in the development state. As of June 2018, Ethereum has the largest market value

03 application

the third category is application blockchain projects. Application projects are blockchain projects based on blockchain development platform (such as Ethereum), which can solve many problems in various fields of the real economy

for example, augur, Golem, vechain, omisego, which provides asset exchange and transfer services. Using blockchain technology, these projects can better solve the problems of trust and cross-border circulation. At the same time, using smart contracts and tokens on the blockchain, they can better realize automatic execution and greatly improve the efficiency of social and economic activities. Application blockchain projects cover a wide range of fields, including finance, social networking, games, property rights protection and so on. It is also the field with the fastest market value increment of blockchain projects at present

04 asset token

the fourth category is the asset token blockchain project. Asset token refers to linking the blockchain assets to physical assets such as gold and US dollars, which is the blockchain mapping of physical assets. As of February 2018, there are no more than 10 varieties. The typical representatives are usdt against US dollars, digix Dao against gold, Digix each token represents 1 gram of Gold Certified by the London Bullion Market Association. Asset token has the advantages of convenient transaction and safekeeping. First of all, asset token is more convenient for transaction. Because blockchain assets can be split, it has better liquidity

for example, at present, real estate needs to be transferred as a whole. If the real estate can be token, it can be split and purchased, which is more convenient for transaction. Secondly, the token of physical assets is more concive to custody. Gold is easy to wear out and cause losses in physical transactions, but there is no need for physical transfer after the token of physical assets, which is more concive to the custody of physical assets

4. Ethereum is an open source public blockchain platform with smart contract function, which provides decentralized Ethernet virtual machine to process point-to-point contract through its special cryptocurrency Ethereum. If you need to, you can contact Shengshi Huacai. They do it very well

5. Ethereum architecture consciousness is the 6-tier architecture of regional block chain. They are: data layer, network layer, consensus layer, incentive layer, contract layer and application layer. I personally feel that the best thing to do in Ethereum development is Shengshi Huacai, which is very professional

6. Shengshi Huacai company has done a good job in the development of Ethereum.

7. The second type of blockchain projects is platform type. What are the characteristics of platform type blockchain projects? What are the typical representatives
the second category of blockchain projects is platform. The main function of platform projects is to establish a technical platform to meet the technical requirements of various blockchain application development
in short, platform applications allow developers to directly issue digital assets and write smart contracts on the blockchain. Smart contract is a computer program running on the blockchain database, which can be executed by itself under the condition of meeting the source code setting
for example, you develop a smart contract based on the house rent protocol on the blockchain. When the owner receives the rent, it will trigger automatic execution and give the security key of the apartment to the tenant
the main function of platform blockchain projects is to establish the underlying technology platform, so that developers can do application development on the underlying technology platform. A considerable number of platforms are still in the development state. As of January 2018, Ethereum has the largest market value.

8. The third category of blockchain projects is application. Application projects are blockchain projects based on blockchain development platform (such as Ethereum), which can solve many problems in various fields of real economy
for example, AUR, Golem, vechain, omisego, which provides asset exchange and transfer services, is a prediction platform based on blockchain. Using blockchain technology, these projects can better solve the problems of trust and cross-border circulation. At the same time, using smart contracts and tokens on the blockchain, they can better realize automatic execution and greatly improve the efficiency of social and economic activities
Application blockchain projects cover a wide range of fields, including finance, social networking, games, property rights protection and so on. It is also the field where the market value of blockchain projects is growing fastest at present.

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