Can Ethereum money really last

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%

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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. Of course, Ethereum has a current price of 972. As a relatively new development project using bitcoin technology, Ethereum is committed to implementing the global decentralized and non proprietary digital technology computer to execute the point-to-point contract. In short, Ethereum is a world computer that you can't shut down. The innovative combination of encryption architecture and Turing integrity can promote the emergence of a large number of new instries. On the contrary, the pressure of innovation in traditional instries is increasing, even facing the risk of elimination

bitcoin network is actually a set of distributed database, while Ethereum can be further seen as a distributed computer: the blockchain is the ROM of the computer, the contract is the program, and the miners of Ethereum are responsible for the calculation and play the role of CPU. This computer is not and can't be used for free, otherwise anyone can store all kinds of junk information and perform all kinds of trivial calculations in it. To use it, you need to pay at least the calculation fee and storage fee, as well as other expenses

the most famous enterprise Ethereum alliance was established in early 2017 by more than 20 top financial institutions and technology companies in the world, including JPMorgan Chase, Chicago Board of exchange group, Bank of New York Mellon, Thomson Reuters, Microsoft, Intel and Accenture. And Ethereum's cryptocurrency, Ethereum, has recently become a popular asset after bitcoin

3. What does bitcoin mean to replace today's currency? It means that the wealth of the world is marked by bitcoin. The more bitcoin you hold, the more wealth you have in the world. RMB and US dollars are just waste paper. Will you trade the wealth of the world for waste paper? So really believe that bitcoin will become a currency, it is impossible to sell, only possible to buy< In other words, can bitcoin become a real currency? How can a monopoly in the hands of a few people become money? The wealth of the world is created by instry. How can those who only monopolize bitcoin do nothing to own the wealth of instrialists all over the world?

4. It's reliable and worth it. Short sighted investors generally focus on immediate interests. So a lot of people play contract leverage. Those who really have a long-term vision are those who invest in Ethereum. That's why the Chinese currency can be sealed by Forbes, one of China's four largest spot exchanges, because there is no contract.

5. It depends on the difficulty of the algorithm and the current currency price. The income is not fixed!

6. From the perspective of currency, bitcoin is a real monetary system, with a fixed total amount (21 million), while ether coin is not fixed from the perspective of currency, and can be issued as needed, so there is no upper limit for ether coin. Bitcoin will continue to deflate in the long run, while ether, like the current legal currency system, will continue to inflate. So from the perspective of cryptocurrency itself, bitcoin will continue to increase in value, while ether may not (mainly depending on its circulation).

7. Yes, in 2017, after the domestic exchanges were completely shut down, they all went overseas. Among the many Ethereum trading platforms, I know that there is a kingdom of fields. The threshold of trading is $100, and the minimum is $5 for a single transaction. However, when it is right to be bullish or bearish, it can get the maximum profit of 93%. It's really unexpected. In addition to Ethernet currency, there are also virtual currencies such as lightcoin and bitcoin.

8. The concept of Ethereum was first proposed by vitalik
buterin, a programmer, from 2013 to 2014, inspired by bitcoin, to the effect of "next generation cryptocurrency and decentralized application platform". As of February 2018, Ethereum is the second highest cryptocurrency in market value, second only to bitcoin
in the field of digital currency, Ethereum is the second largest hard currency after bitcoin; Many blockchain projects will be financed through Ethereum
from the perspective of investment, in a bull market, you can rece Ethereum's position and invest in some good projects. In a bear market, you can increase Ethereum or bitcoin to avoid risks.

9. If the project falls down, the currency will not disappear for the time being, but the currency price will soon drop to 0 e to the currency being removed from the exchange. Therefore, when we buy currency, we must know the background and credibility of the project team, and whether the project code or project progress has been updated regularly. Currencies such as LRC, vite and mana often update and disclose the progress of the project. They will feel more at ease to buy these currencies.