Ethereum is more effective than pure cryptocurrency. Through Ethereum, users can create any decentralized application (i.e. DApp) and smart contract. Theoretically, programmable Ethereum can be used for any economic or governance activities.
The reason why blockchain can establish trust is that it represents a real shared record. The data that everyone can trust will help promote the development of other new technologies, and will also greatly improve the efficiency, transparency and trust of mutual cooperation.
Blockchain is a term in the field of information technology, which skillfully combines and integrates professional technical knowledge in mathematics, cryptography, the Internet, computer programming and many other fields.
Cryptographers and innovators have been trying to come up with a secure, decentralized and viable digital currency. None succeeded until Satoshi Nakamoto released Bitcoin.
Burstcoin's mining method uses a POC (Pool of capacity), which takes up the hard disk space of the miner and stores the pre-generated "hash functions" in the hard disk.
Bit is the unit of information in the digital world, so Bitcoin is naturally the currency of the digital world. Bitcoin is a digital currency with significant value in the real world. Therefore, Bitcoin can be used to exchange dollars, yen or any other currency in the world. Bitcoin can usually be abbreviated as "BTC".
Yuzcoin is the native token of the EOSIO network, which aims to build a decentralized blockchain that can process transactions quickly and for free, and supports smart contracts. launched in 2018, the EOS blockchain attracted the attention of many investors and programmers at the time and was once considered an 'Ethereum killer'.
As an innovation of ideas, blockchain can have a subversive impact in specific areas. In the face of advantages and disadvantages of blockchain, what we need to do is to develop strengths and circumvent weaknesses. Whether blockchain can become the underlying technology of the new generation of financial infrastructure is still a question.
