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When was Ethereum issued (in which year was Ethereum issued)

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when was Ethereum released

when was Ethereum released when was Ethereum released? When was Ethereum released? Why Ethereum token distribution? Why not raise funds through issuance first. Since issuance is a new mechanism in the Ethereum blockchain, the issuance of Ethereum is an important milestone: on June 16, 2020, Ethereum officially started the main network development phase (Phase0) and then entered the production phase (Phase1). Now, due to network congestion, Ethereum cannot operate normally, which makes the price of Ethereum token fluctuate significantly, so it is necessary to have a more accurate estimation and prediction of the price of Ethereum token

When was Ethereum released? Ethereum is an important indicator of how to achieve its goals, and it is also a very important infrastructure. In order to let more people understand its operation logic and the problems it faces, this article will discuss what Ethereum looks like. （1） What is the basic agreement of Ethereum? According to VitalikButerin’s previous article “V God on ETH1 and its development strategy”, Ethereum’s core team mainly studies PoS consensus algorithm and transaction execution environment, including Proof of work (POW) and proof of equity (POS), which provide power for Ethereum’s ecology in the future. At present, Ethereum community has put forward some proposals to promote the development and progress of systems based on this technology. But this does not mean that no one will really participate in the Ethereum network; But rather, if people believe that they can use their Bitcoin to purchase assets such as ETH2 to pay for fees, then there must be a problem with this situation. Vitalik Buteri, the founder of Ethereum, recently pointed out that he hopes to solve this problem by issuing, that is, halving the rewards of Ethereum blocks. He said, “As time goes by, we believe that everyone will use a new and more efficient way to obtain income.” In addition, he also mentioned that “I personally do not intend to directly invest in ETH2.0 or any other Cryptocurrency projects.”

When did Ethereum come out

Ethereum has gone through more than 10 years since its birth. What exactly is it? When did its emergence begin, and how will it develop and promote in a few years? Let’s take a look at this article:

I. Why do you pay so much attention to Ethereum

? Many of the topics about Ethereum are people’s concerns, and these issues are all derived from the support for Ethereum 2.0 (namely, fragmentation). Ethereum 1.0 is a multi chain network and a distributed application platform, which can realize data transmission and communication between any blockchain. At present, the smart contract on Ethereum runs on Ethereum, but Ethereum 2.0 still needs to consume a lot of computing resources because it requires a lot of computing power to expand and expand. So Ethereum is very important as a pioneering project, but the development of Ethereum is not coming so fast. 2、 Why many people are not optimistic about Ethereum? In fact, the most important thing for investors is their expectation of the price of Ethereum. As the price of Ethereum continues to rise, Ethereum will become the next generation of mainstream Cryptocurrency. The prices of mainstream digital assets such as Bitcoin have been rising, but the market demand for Ethereum is also increasing. The price of Ethereum has always been at a high level. If the current ETH price is used, the market value of Ethereum will reach about 20 million yuan. (III) What is Ethereum; The other half will be used to pay transaction fees, while the remaining part will be used for mining profits. Ethereum has two mechanisms – PoS consensus mechanism. One is to let the holders participate in the pledge through additional issuance, which can reduce the pledge threshold; The second is to increase circulation through destruction, thereby making the entire system safer and more stable. The third type is a deflationary reward model, which reduces production by 5% every 4 months and then reduces it by 20% annually. This cyclical process can be said to be an important factor in the current round of Ethereum market, that is, when the price of Ethereum drops, users will transfer their money out. The fourth kind is called “position option”. After buying and locking for a period of time, the seller can exchange his own currency for the corresponding rights and interests, thus forming the current Ethereum, and can obtain a certain return, which is one of the reasons for long-term bullish

However, the launch of Ethereum 2.0 is not a new technology, and previous developers are also studying various public chains and protocols to support the development of Ethereum. Some people in the Ethereum community think that Ethereum 3.0 may not be launched soon, and some friends even think that Ethereum may be eliminated or completely banned. Therefore, some people suggest that as long as the Ethereum team wants to continue to promote Ethereum technology upgrading and ecological construction, they can consider joining Ethereum.

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