However, people gradually discovered that the Bitcoin system is actually a completely closed network system. The only asset running on the system is Bitcoin, and Bitcoin is completely an endogenous network asset (blockchain chain asset). From its generation to each transfer, it will be fully and continuously monitored by network nodes, which can ensure the accuracy of all account records and the continuity of all transaction records, forming a distributed ledger system that is difficult to tamper with, traceablThe rise of Bitcoine, and open and transparent. This completely closed network system can achieve decentralization and security, but it is isolated from the real world, it is difficult to solve real world problems, and it needs to consume a lot of resources for consensus computing and distributed storage. The so-called trusted machine, The Internet of Value, which will recreate production relations, social organization, and operating modes, sounds very good, but in reality it is difficult to achieve.
The Geekhub technical community volunteer group welcomes fans, communicators and believers of blockchain technology to join. The volunteer group can communicate more directly with technical experts, explorers, and researchers in the blockchain field from all over the world. The volunteer group will work together to plan and organize high-quality technical activities and output of quality content, and discuss the development of technology and blockchain together the future of. Here, you can also meet like-minded partners and harvest deep friendship. Add WeChat ID: wangpinhao2033 remarks to Geekhub volunteers
In September 2018, the New York Monetary Authority approved two stablecoins based on Ethereum, namely Gemini's GeminiDollar (GUSD) and Paxos's PaxosStandard. From the data point of view, there are obvious differences between GUSD and other digital currencies. One is that it is approved by the New York Monetary Authority and is the first digital currency to be supervised by financial regulators; the other is that it is linked to the U.S. dollar, and the U.S. dollar as a guarantee of issuance is stored in the first The tripartite bank is protected by the Federal Deposit Insurance Corporation; the third is to hire a professional external auditing company to audit, and the issuance of GUSD and the US dollar guarantee deposit status are publicly disclosed monthly; the fourth is that the issuance and exchange are linked to the issuing institution, and there is a centralization risk .
And as the market value continues to hit new highs, more money can be derived. . By the way, many people always think that Mentougou will hit the market, Christmas will hit the market, but it is not necessarily true. For the real big guys, there is no need to realize the money and there is a lot of money to use (maybe the only One thing to worry about is the regulatory information on the overseas side. It seems that every peak has some impact on this level of news. Of course, the environment has changed a little this year). So I think even if there is a short-term overheating madness, don't say that you take it for granted to go against the trend.
Of course, there are reasons for this. Vitalik added smart contracts and virtual machine functions when designing the Ethereum public chain, making Ethereum-based development as convenient as developing applications on Windows systems. Moreover, the most important thing is that Ethereum solves the problem of issuing coins and fundraising, turning the issue of coins on the chain into one-click.
Bitcoin, blockchain and cryptocurrency are already part of institutional investor conversations. In the past yeaThe rise of Bitcoinr, cryptocurrency investors, researchers and builders have made significant improvements in educating the outside world, but many outsiders There are still problems in understanding the basic root causes of this technology.
Mossavar-Rahmani referred to the report data of Goldman Sachs' Investment Strategy Department, and compared the price trends of Bitcoin and Ethereum with stock market bubbles such as the Topix Index (TOPIX) in 1990 and the Nasdaq (Nasdaq) in 2000.