1. What is Ethereum?
Ethereum is the next generation of cryptography books that can support a wide range of advanced features, including user-issued currency, smart protocols, decentralized transactions and the establishment of decentralized autonomous organizations (DAOs) or decentralized autonomous companies (DACs). ). Ethereum does not specifically support each individual type of function as a feature. Instead, Ethereum includes a built-in Turing-complete scripting language that allows you to write for the features you want to implement through a mechanism called a "contract." Code. A contract is like an automatic agent. Whenever a transaction is received, the contract runs a specific piece of code that can modify the data store or send the transaction within the contract. Advanced contracts can even modify their own code.
To put it bluntly, Ethereum is an open source platform for digital currency and blockchain platforms that provides developers with a platform to build and publish applications on blockchains. Ethereum can be used to program, distribute, guarantee and trade anything, voting, domain names, financial exchanges, crowdfunding, corporate management, contracts and most agreements, intellectual property, and smart assets that benefit from hardware integration.
On February 28, 2017, a group of global companies representing the oil and gas industry, financial industry and software development companies officially launched the Ethereum Alliance (EEA), which is committed to developing Ethereum into an enterprise-level blockchain. These companies include BP, BP Chase, software developer Microsoft, Accenture, Santander, BlockApps, BNY Mellon, CME Group, ConsenSys, Intel Microsoft and Nuco. Many companies or organizations develop projects based on the Ethereum blockchain and issue tokens. The United Nations World Food Programme successfully used the Ethereum blockchain to provide relief to 10,000 refugees.
2. Detailed parameters
Chinese name: Ethereum English name: Ethereum English abbreviation: ETH
Developer: Vitalik Buterin Core algorithm: Ethash Release date: 2015/3/20
Block time: about 15-17 seconds / block reward: 5 total money: 72 million 18.872 million / year
Key features: Features such as digital currency and smart contracts
3. Common links
Official website: https://www.ethereum.org/
Block Query: https://etherscan.io/