Is Ethernet a virtual currency
what is digital currency
digital currency can be used to describe all electronic currencies, including virtual currency and cryptocurrency. Digital currency is a kind of electronic currency without any physical form. Because of its functions and inherent attributes, it is the same as the standard illegal fixed currency, and can also be referred to as the network version of cash. Digital currency is invisible. People need to use and hold it through devices that can be connected to a specific network
T1: eth (the first public chain at present, the underlying platform of Shanzhai coin breeding, and in the speculation of eth2.0) EOS (community consensus + DAPP possible explosion + defi can also join + drop out of high cost performance) Zec (anonymous leader)
T2: Yas (UBI concept, low market value, great potential) atom (cosmos, advantage new public chain), XRP (the decline in 2019 has not risen, so the upward space is still very large) Polkadot dot (Boca, the goal is to surpass Ethereum) KSM (Boca pioneer)
T3: Ada (potential) NEO (myth of 1000 times of the last bull market), ont (strong village), Iost (Iost is currently undervalued, DAPP is also in good development)
there are platform coins in the coin circle, corresponding to HT, BNB, MX
2. Bitcoin can be copied, and lightcoin, Ruitai coin and vitality coin are all experimental objects
3. No, the source codes of different currencies are theoretically different
4. You can create counterfeit money without limit
5. It is possible in theory, but it may not work in practice.
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
In fact, Ethernet is an electronic virtual currency, which is regarded as "bitcoin version 2.0". The blockchain technology "Ethereum", which is different from bitcoin, is the real reason to win Putin's favor
Ethereum is an open-source public blockchain platform with smart contract function. It mainly provides decentralized virtual machine to process point-to-point contracts through its special encrypted currency Ethereum, which is fast and unlimited in quantity. In other words, it is a monetary payment system, but their functions and purposes are different
if bitcoin is considered to be a shared global book that securely records all bitcoin bills. Then Ethereum is to maintain a shared computing platform, which can flexibly and safely run any program users want. Because of this, many countries and enterprises are developing how to use Ethereum technology in the real world
the latest price of eth on btctrade platform of bitcoin trading network is ¥ 2430! The increase is amazing
blockchain Ethereum is widely used
at present, the application of Ethereum technology in Russia is still relatively positive. For example, veb, the state-owned Development Bank of Russia, began to apply Ethereum technology to some administrative functions last week, and Russian steel giants are also testing the application of Ethereum in the safe transfer of international letters of credit. Therefore, Putin believes that this virtual currency can help Russia diversify its economy and support the paving of the way by blockchain technology and the establishment of new businesses
not only Russia, JPMorgan Chase, Microsoft, Intel and others are optimistic about Ethereum technology. At the same time, Ethereum has also been paid close attention by some financial institutions, banking consortia, Samsung, IBM and other large companies, resulting in the simplification and automation of financial transactions, merchant loyalty index tracking, customer satisfaction index tracking, customer satisfaction index tracking, etc Blockchain applications such as gift cards are designed to achieve decentralization of electronic transactions. That's why the etheric currency is rising
the future of ether coin
of course, different from Ethernet, there are 670 bitcoin ATMs in the world, and thousands of outlets support bitcoin payment, but Ethernet has not yet emerged in the field of electronic payment. Mainly used to support the Ethereum network to run the program. Therefore, whether bitcoin will be recognized in the future is still unknown, but what Russian President Vladimir Putin has done may not be a signal
we have said before: it is still difficult to define bitcoin as currency, but it must be an asset, and I think Ethereum must be an asset. Although the application of blockchain technology is not yet mature, in a sense, it will be used sooner or later. After all, in the future era of big data, blockchain technology can better protect the efficiency and privacy of our information
this is why digital currency Ethereum is so popular
hope to adopt
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Ethernet coin is a kind of digital token of Ethereum, because Ethereum needs to use the token eth to support the application. Ethereum can also trade on trading platforms. In short, Ethereum is a platform and a programming language, which enables developers to build and release the next generation of distributed applications
Ethereum can be used to program, guarantee and trade, as well as to organize voting, domain name trading, financial trading platform, online crowdfunding, management company,
formulate contracts and most of the agreements, and integrate intelligent assets of hardware
the reason why the price of Ethereum can soar is not only e to the promotion and publicity of Ethereum community, but more importantly, virtual currency investors are looking for investment procts to replace bitcoin
a series of problems, such as bitcoin being regulated by the domestic central bank and being refused to apply for ETF listing, have led investors to look down on the prospect of bitcoin. At this time, the emergence and promotion of Ethereum are favored by these virtual currency investors
btctrade platform (bitcoin trading network) www.btctrade.com As the largest and most reliable trading platform in China, Ethereum trading was launched as early as November. Ethereum was about 50 yuan when it was online, and now it has risen to 300 yuan, which is amazing! It remains to be seen whether the future of eth will be as good as bitcoin!