ETH is an open source public blockchain platform with smart contracts that provides a decentralized Ethernet virtual machine to handle point-to-point contracts through its proprietary cryptocurrency, Ethernet, a layered set of overlapping structures. Each level provides the foundation and stability above it for effective expression. Each level has its own set of indicators in response to market forces within the ETH economy.
In short, ETH is a decentralized application development platform. The existing network pattern is the server-client pattern, and ETH is the client-client (that is, point-to-point) pattern. This mode allows data storage to be independent of centralized servers.
While bitcoin enables distributed data storage, ETH USES the same approach for distributed data storage and computing. On the whole, ETH is like a computer, and the computer program that runs on it is called a smart contract. In effect, a network participant runs these programs (\" smart contracts \") on his computer using an operating system called the ETH Virtual Machine Ethereum Virtual Machine (EVM).
We all know about buffett\'s value investing philosophy, and the fact that you have to invest in something that generates incremental value is the most important part of his philosophy. That incremental value is either high cash flow or high dividends. As an investor, ensure efficiency.
One example: if ETH becomes the vehicle for a large number of applications in the blockchain world in the future, each step of running those applications on ETH costs fuel, just as users pay Microsoft royalties for operating systems. That would be the source of revenue for ETH. ETH will also form a blockchain, like bitcoin, containing blocks of data (trading data and smart contract code). Once a block is created and dug out by some participants, it is distributed to other participants to verify (the regularity of the block).
ETH is more tightly managed than bitcoin, offering ether to system developers and system upgraders. The ETH system will reward you with ether COINS if you can find bugs in it. That, of course, gives ETH\'s ecosystem an incentive for more developers to maintain it. ETH sets up alliances to ensure open and standardized applications, and USES ETH to open applications and provide services to its corporate customers.
ETH allows companies to issue their own digital currency for financing. You can create your own digital currency, and you can issue, that is, sell your own currency for financing.