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What does the depth of Ethereum mean

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What does the depth of Ethereum mean

What does the depth of Ethereum mean? According to Longhash, what does the depth of Ethereum mean? Calculate and understand the price of a digital currency through mining. The computing power of Ethereum has increased by about 10 times in an hour. From this perspective, the price fluctuates greatly. If we divide it into three stages: the first stage is from 0 to January; The second stage starts on March 4th. Since Bitcoin blocks are constantly created, they need to be mined. Ethereum is a new system based on Proof of work. At this point, the difficulty is very high, so a large number of machines are required to operate, resulting in problems or loopholes; The third stage is to package the transaction into new blocks. In summary, it means making a judgment on the entire network

What does Ethereum mean

According to Bitcoin, Ethereum is one of the upgraded versions of Bitcoin. Simply put, it is a ‘big positive line’. If we consider it as a digital currency, it means that ETH2.0 is coming soon. Ethereum also experienced a tragic market collapse in the ICO foam in 2017, and has been in a downturn since the beginning of 2018. At present, Ethereum network has more than 600 million active nodes every day, and has reached a historical high of about 28000 in each block.

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