The whole story of Ethereum's slump

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%

extended data

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. In fact, the rise and fall of digital currency is a normal situation. The key is to see whether you are optimistic about its long-term value. Relatively speaking, if the long-term value is worth investing in, then the short-term decline can be ignored. At the same time, if you don't know much about digital currency users, it is recommended to choose a reliable and good platform for investment. The investment period needs more than six years, Word of mouth should always be good, you can take a look at AEX, fire coin these two, but also more reliable, you can also understand their own network first

3. At 5 o'clock this morning, when we were still sleeping, bitcoin rose sharply to US $5300, accompanied by the rapid rise of the leading currencies. After the rapid rise, bitcoin fell sharply. When it fell to US $4700, it quickly returned to US $4900-5000 and stabilized, then the leading currencies also followed bitcoin.

4. 1. Work is done by multiplying the force by the distance in the direction of the force. There is no displacement in the direction of gravity. So gravity doesn't do work. Just imagine, if there is no resistance, doing a little work can make the car move far away, which has nothing to do with the weight. The inertial thinking in life is that the heavier things are, the more work they need to do. In fact, the weight of 900N has become rolling resistance in disguise. Without weight, of course, there will be no resistance
2. Law of conservation of energy: 0.5mv end ^ 2 = MGH + 0.5mv beginning ^ 2
so V end = 1209 under the root sign... Why is not the standard answer? I don't know

5. Generally speaking, ETF will rise when the stock goes up, and ETF will fall when the stock goes down. On Friday, the stock rose sharply, so ETF should not fall, but it also depends on what kind of proct you buy.

6. Eth rose by more than 1.00% in 5 minutes | chain finance
August 3, 2019 - according to the data of hot coin global station, ETH / usdt fluctuated sharply in 5 minutes, rising by more than 1.00% to 1.03%. The current quotation is 223.10 US dollars, the market fluctuates greatly, please pay attention to risk control.

7. Whether you understand it or not, in this new currency field, bitcoin is graally forming an ecosystem: some sell "mining machines", some "mining"; There are super big speculators and medium and small investors; Many large and small trading platforms have sprung up in China, as well as many entrepreneurs from all walks of life
bitcoin is not a slump this time, but the cliff like slump at the end of 2013 did not happen again. Although the central bank cracked down on bitcoin for more than a month, bitcoin only fell by a small margin. Whether bitcoin is a scam or an opportunity is a matter of opinion
some currencies of Shanzhai bitcoin also began to be popular. Ethereum and Ethereum classic took the lead in getting out of the decline and returning strongly. The asset-backed digital currency of Puyin is even more bullish.

8. split