Although Bitcoin is a virtual currency with the highest market value in the current currency circle, compared with Bitcoin, more investors are more interested in the future of Ethereum. Although it seems that the price of Ethereum is easily affected by Bitcoin, in the long run, with the continuous inflow of large amounts of funds in the future, the volatility caused by it will also help the encryption assets move upward, In addition, ETH's ecological environment can fully support its price, and it can also be independent in the bear market. Its development prospects are good. However, there are still some novice investors who do not know much about Ethereum. Let's take a look.
What is Ethereum?
Ethereum is an open source public blockchain platform with smart contract functions. It is the most widely used public blockchain system for improving application development at this stage. Compared with Bitcoin, Ethereum belongs to Blockchain 2.0, a blockchain system redesigned to deal with some problems of Bitcoin network.
Ethereum can be used for programming, decentralizing, guaranteeing and trading everything: voting, domain names, financial exchanges, crowdfunding, corporate management, contracts and most of the agreements, patents, also thanks to hardware integrated intelligent property.
One of the great features of Ethereum is that it can implement smart contracts. The program saved on the blockchain is implemented by each node, and the program owner must pay the service fee to the miners or equity holders of the node.
Smart contracts can be compared to encrypted boxes that include value and can only be opened if certain conditions are met. They can be established on the platform of Ethereum. Smart contracts are much more powerful than smart contracts that can be provided by Tecoin scripts due to Turing completeness, value awareness, blockchain awareness and multiple situations.
Blockchain provides a trusted execution environment for smart contracts, and smart contracts expand applications for blockchain. However, the smart contract on Ethereum can control various digital currencies on the blockchain to carry out complex operations.
Five development tools of Ethereum
Looking for cmd development management tools? Then truffles may be what you want. Truffle is one of the most popular development frameworks of Ethereum. This development environment provides developers with a pipeline to build and supports customers.
The built-in smart contract compilation makes it easier for Ethereum developers to connect, deploy and manage binary files. Other functions include the application of Mocha and Chai to carry out automatic contract detection, the deployment and transfer architecture that can be scripted, and the interactive console for direct contract communication. Truffle even put Test RPC under its wing!
2. Reverb IDE
Although the page may be a bit cumbersome, it does have its own code analyzer attached to it to ensure that developers can write the best code. Remix receives the Ethereum blockchain according to Metamask.
MetaMask is another browser based tool for Ethernet. As a browser extension of Chrome, Firefox and Opera, MetaMask allows developers to interact with Ethereum blockchain in a simple way. It provides developers with a secure operating interface to manage their identities and sign blockchain transactions.
MetaMask enables developers to easily browse or create new Ethereum addresses, push delivery and sign transactions using decentralized applications. The MetaMask team manages many blockchain nodes for users. All customers must do is install and expand. They will automatically connect to the MetaMask node.
DAppBpard is an analysis platform for smart contracts. In view of the large number of new applications and transactions in the Ethernet blockchain every day, DAppBoard provides a visual way to track all content.
Users can track the number of uses and users of various Ethernet applications. This board is useful for tracking daily and weekly activities.
This is statically typed. Solidity supports libraries, inheritance and miscellaneous types. Nowadays, the best way to try Solidity is to apply web-based IDE Remix.
Speaking of this, I believe you have a certain understanding of Ethereum. In general, I remind all investors here that although the current investment in Ethereum is also very popular, after all, any investment is accompanied by certain risks. You must have a comprehensive understanding before entering the site, and do not invest blindly.