Is Ethereum and Ethereum a family
what is Ethereum:
Ethereum is an innovation based on the application of technologies and concepts in bitcoin to computers. Ethereum itself imitates a lot of bitcoin technology to maintain the computer platform. blockchain technology is one of them
Ethereum platform can safely run any program users want
advantages of Ethereum over other competitive currencies before Ethereum appeared, some digital currencies imitated bitcoin. However, these projects have their own shortcomings, they can only support one or several specific applications at the same time< However, the reason why Ethereum can surpass the limitations of these projects in the past is because of the core idea of Ethereum
what Ethereum wants to implement is a blockchain protocol with built-in programming language. Since it supports programming language, in theory, any blockchain application can be defined with this language, and then run on Ethereum's blockchain protocol as an application
The design of Ethereum is very flexible and adaptable
Ethereum target sets the advantages of blockchain technology, in order to add the advantages of blockchain, such as decentralization, openness and security, to almost all computing fields
blockchain applications of Ethereum
Ethereum has many blockchain applications, such as digital applications of gold and stocks, financial derivatives applications, DNS and digital authentication, etc
Ethereum has achieved more than 100 blockchain applications by many start-ups
Ethereum has also been closely watched by some financial institutions, banking consortia (such as R3), as well as large companies like Samsung, Deloitte, RWE and IBM. As a result, a number of blockchain applications such as simplified and automated financial transactions, merchant loyalty index tracking, and gift cards designed to achieve decentralization of electronic transactions have emerged
the relationship between Ethereum and blockchain:
Ethereum is a programmable blockchain
Ethereum does not give users a series of preset operations (such as bitcoin transaction), but allows users to create complex operations according to their own wishes
in this way, Ethereum can be used as a platform for various types of decentralized blockchain applications, including but not limited to cryptocurrency
like other blockchains, Ethereum also has a peer-to-peer network protocol. Ethereum blockchain database is maintained and updated by many nodes connected to the network. Each network node runs the Ethereum simulator and executes the same instructions. Therefore, people sometimes call Ethereum "world computer"
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 theblockchain 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
Ethereum Community Foundation (ECF) is a non-profit organization. Its original idea was to give community projects a bonus to support incubation of early projects and research. Then in 2018, omisego, Golem, status, maker, Web3 (Polkadot), cosmos and ef (Ethereum Fund) were set up in Tokyo as consultants
ECF 2.0 is the upgrade of ECF, which has two core goals:
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coordinate community relations through various harmonious ways, such as bonus, strategic and business support, and community activities
in order to become an open capital network, ECF emphasizes its initial vision, which is to form a network with various funds to realize the support and contribution to the community
In addition, ECF 2.0 upgrade will not only support non-profit infrastructure projects, ecation programs, instrial community activities, but also support application and tool development, and even commercial projects
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
Lao Xue has always been conservative about e-money investment. Listening to what my friend said, I don't think it's very reliable, so I paid close attention to it. It doesn't matter if you don't look at it. I really found some twists and turns in it<
let's talk about its issuer first:
FVI (finatech capital investment) is a cryptocurrency fund company from the Netherlands, which was founded in 2016, focusing on the investment of blockchain technology, cryptocurrency and related assets
the company claims to have offices in the United States, Australia and Hong Kong. It has previously launched bitcoin contracts (456% of profits) and Ethereum contracts (the current contract period is not expired, but it claims to have positive profits). This sale is the company's new project ICO contract - Ethereum payment
what is etheric payment?? I found the relevant white papers and dozens of pages of PDF documents. I was dazzled by them. After studying them all afternoon, I finally understood that the so-called Ethernet payment is not only the name of electronic currency, but also the name of a transnational electronic payment project
according to the white paper, Ethereum is a general decentralized market based on Ethereum blockchain. In short, it is a Taobao or Amazon that can pay with e-money, and there is also a debit card for Ethereum, which can be used for cross-border consumption and can withdraw the e-money at any time. The most important thing is to pay through Ethernet. The service charge of online or cross-border payment is only 0.88%, which is lower than that of traditional e-commerce or bank
as an investment project, the most attractive thing is its income. Taifu private placement project plans to issue 800 million tokens, accounting for 80% of the total issue. The private placement period is one year, and the starting price is $1.00, which is expected to rise to $6.40 after the lock-in period (52 weeks), so if the first batch of purchase income is considerable
but Lao Xue, I'm a professional at least. As soon as I say that, my career sensitivity tells me that etherpay is not as beautiful as it says
for the online payment and cross-border payment claimed in the white paper, I can't tell the authenticity of such a large project for a moment, but I'm sure it's a difficult problem to realize it. First of all, cross-border payment and ether payment debit card have basically crossed the bottom line of central banks. E-money is not recognized by all countries. In addition to the possible capital outflow caused by cross-border payment and the impact on traditional commercial banking business, I think our central bank can not pass this pass. Let's talk about online shopping and e-commerce, because etherpay is equivalent to re establishing an independent payment platform, which can move the cake of traditional Internet giants. It will be fresh for Ma Yun and Bezos to watch it thrive and grab their own jobs
there are many difficulties in realizing the "lofty ideal" of this project, so whether this project can achieve this degree of profitability naturally has to be questioned. The project is unreliable. Isn't there a way to sell tokens? Let's study token appreciation
since the whole project is based on Ethereum technology environment, it is natural to check on Ethereum before investment. As a result, the white paper says the name of the token on Ethereum - ethepay, and it has been put on sale since August this year. It should be valuable now, but the value of ethepay found on Ethereum's website is at present $0@0Eth In other words, at present, the intrinsic value of aether payment token is "air"
in order to avoid my mistake, Lao Xue checked all the links similar to ethepay and Epay (including the differences between case and case), and found that all the links had zero value. I doubt that the etherpay project is an "air currency" ICO project in the final analysis, but the packaging is more realistic and advanced
seeing this, we should understand what is the situation of the etheric payment. The project itself and the future appreciation space of the token are basically impossible to make money. If we rely on the development of the MLM mode to get the Commission, we can still make some money. So whether you can participate or not depends on your IQ and conscience.
eMule is better than BT's decentralization and more suitable for sharing resources.
blockchain 1.0 mainly refers to bitcoin. Blockchain 2.0 extends to all assets, while blockchain 3.0 goes beyond currency, finance, even commerce, and all areas of our lives, including politics, social relations, ecation, medical care, etc. According to the prediction and conception of people in the instry, the era of blockchain 3.0 will be realized in the next five years. At that time, blockchain will be recognized and accepted by all the public like the Internet, thus completely subverting our lives
McKinsey has submitted a technical report on blockchain to the Federal Insurance Advisory Committee of the United States. The report calls 2009-2016 the "Dark Age" and believes that all blockchain solutions ring this period are based on bitcoin, and the new era of blockchain will begin in 2016. At that time, the application of blockchain will become unprecedented. Applying an original sentence in McKinsey report: Based on the current development speed of blockchain, we believe that blockchain solutions may realize their full potential in the next five years.