Which company developed Ethereum
Buterin, the founder of Ethereum, is a Russian
at the end of 2013, vitalik buterin, founder of Ethereum, released the first edition white paper of Ethereum and launched the project. From July 24, 2014, Ethereum has carried out a 42 day pre-sale of Ethereum coins. In early 2016, Ethereum's technology was recognized by the market, and its price began to soar, attracting a large number of people other than developers to enter Ethereum's world. Two of China's three major bitcoin exchanges, huocoin.com and okcoin.com, both officially launched Ethereum on May 31, 2017
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in 2011, butrin began to realize bitcoin under the influence of his father when he was 17 years old in high school. Butrin showed a strong interest in this new thing. In order to better understand this fully distributed currency, butrin began to read bitcoin forum and technical materials. He wrote bitcoin blog articles to earn bitcoin, although his hourly salary was only $2 an hour
when he made 20 BTCs, he took 8.5 to buy a shirt. But he realized at that time that if thousands of people from all over the world join the bitcoin community, an independent financial system can be created, and the application of blockchain is not limited to cryptocurrency, but applicable to all walks of life. Since then, Butlin has been working in this direction
in late 2011, butrin graally became famous in the community. A man from Romania invited him to co-founder bitcoin magazine and serve as the chief writer
Bitcoin is actually a string of data in the bitcoin network. Where should this data be stored? Just as our bank cards and cash can be stored in our wallets, bitcoin also has its special wallet, which is bitcoin wallet. In fact, bitcoin wallet does not contain bitcoin. Bitcoin wallet is a database composed of private key and public key. Bitcoin itself is stored in the blockchain. Users sign the transaction with their private key to prove that they have the transaction. Blockchain is a huge database ledger, so this transaction will remain in the blockchain database, and no one can tamper with it
with & lt; Multi signature & quot; With the application of multi signature technology in the field of wallet, a multi signature wallet emerges as the times require& ldquo; Multi signature & quot; What do you mean? Usually, a private key corresponds to a bitcoin address, and the assets on the address of bitcoin can be transferred with this private key. The process of encrypting with private key is signature. Multi signature means that before an address uses bitcoin, it needs multiple private keys to sign
in other words, a transaction needs two to three or more private key signatures to process bitcoin in the address. In this way, the security of our assets is greatly improved, and it is also applicable to the bitcoin transfer of institutions, without affecting its speed. Generally speaking, a light purse is enough for beginners, and it is convenient and easy to use. But we must pay attention to the security problem and keep the private key well