Chengdu Chenxiyu Technology Co., Ltd., |
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Specification
Product Brand | YAMI |
Product Name | Yami-100 |
Hashrate | 2400mh/h |
Consumption | 2200w |
Warranty | 1 year |
Function
Ethereum is a platform that provides various modules for users to
build applications. If building applications is compared to
building houses, Ethereum provides modules such as walls, roofs and
floors. Users only need to build houses like building blocks.
Therefore, the cost and speed of building applications on Ethereum
are greatly improved. Specifically, Ethereum establishes
applications through a set of Turing complete scripting language
(Ethereum virtual machinecode, EVM language for short), which is
similar to assembly language. We know that it is very painful to
program directly in assembly language, but the programming in
Ethereum does not need to use EVM language directly, but high-level
languages such as C language, Python and lisp, which are converted
into EVM language through compiler.
The application on the platform mentioned above is actually a
contract, which is the core of Ethereum. A contract is an automatic
agent living in the Ethereum system. It has its own Ethereum
address. When the user sends a transaction to the contract address,
the contract will be activated. Then, according to the additional
information in the transaction, the contract will run its own code
and finally return a result. This result may be another transaction
sent from the contract address. It should be pointed out that
transactions in Ethereum not only send Ethereum, but also embed
quite a lot of additional information. If a transaction is sent to
the contract, this information is very important, because the
contract will complete its business logic according to this
information.
The services provided by the contract are almost endless. Its
boundary is your imagination, because Turing's complete language
provides a complete degree of freedom for users to build various
applications. The white paper gives several examples, such as
savings accounts and user-defined sub currencies.
History of ETH
At the end of 2013, vitalik buterin, founder of Ethereum, released
the first edition of Ethereum white paper and started the project.
From July 24, 2014, Ethereum conducted a 42 day pre-sale of
Ethereum. At the beginning of 2016, Ethereum's technology was
recognized by the market, and the price began to soar, attracting a
large number of people other than developers to enter the world of
Ethereum. Huocoin.com and okcoin, two of China's three major
bitcoin exchanges, were officially launched on Ethereum on May 31,
2017. [1]
Since 2016, those who pay close attention to the digital currency
industry have eagerly observed the development trend of Ethereum,
the second generation cryptocurrency platform.
As a relatively new development project using bitcoin technology,
Ethereum is committed to implementing global decentralized and non
proprietary digital technology computers to execute point-to-point
contracts. Simply put, Ethereum is a world computer that you can't
turn off. The innovative combination of encryption architecture and
Turing integrity can promote the emergence of a large number of new
industries. On the contrary, the innovation pressure of traditional
industries is increasing, and even faces the risk of elimination.
In fact, bitcoin network is a distributed database, while Ethereum
goes further. It can be regarded as a distributed computer:
blockchain is the ROM of the computer, contract is the program, and
Ethereum miners are responsible for computing and play the role of
CPU. This computer is not and cannot be used for free. Otherwise,
anyone can store all kinds of garbage information and perform all
kinds of trivial calculations. Using it requires at least paying
calculation fees, storage fees, and of course some other fees.
The most famous is the enterprise Ethereum alliance established in
early 2017 by more than 20 global top financial institutions and
technology companies such as JPMorgan Chase, Chicago Stock Exchange
Group, Bank of New York Mellon, Thomson Reuters, Microsoft, Intel
and Accenture. Ethereum, the cryptocurrency spawned by Ethereum,
has recently become a sought after asset after bitcoin.