(Friendly reminder! Bitcoin Ethereum is not a currency! It does not support any speculation! The only legal digital currency in China is Digital renminbi!let it rotRecently, the global stock market has been sluggish, especially the sharp drop in US stocks, which has made Chinese chive investors on the other side of the ocean want to cry without tears.Once, Ethereum, the successor of Bitcoin, which had high hopes, may now be making countless leek coin people become a new round of plate takers
(Friendly reminder! Bitcoin Ethereum is not a currency! It does not support any speculation! The only legal digital currency in China is Digital renminbi!
let it rot
Recently, the global stock market has been sluggish, especially the sharp drop in US stocks, which has made Chinese chive investors on the other side of the ocean want to cry without tears.
Once, Ethereum, the successor of Bitcoin, which had high hopes, may now be making countless leek coin people become a new round of plate takers.
As of press release, Ethereum ETH has dropped from nearly $1900 to about $1300, and the lowest point has dropped to $1245, leaving many leeks, especially those who have added leverage, without money.
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New low!
According to Glassnode data, the average trading volume of Ethereum ETH in recent 7 days dropped to 46758 ETHs, almost hitting a new low in recent two years.
The image comes from the internet, such as being hacked or deleted
What is the purpose of merging and transitioning to the internet
In brief, the original Bitcoin Ethereum is based on Proof of work, which requires miners to mine and rely on computing power to maintain, so it requires a lot of energy consumption, which is the PoW mechanism.
However, in order to make Ethereum more famous in the future Metaverse (some Ethereum fanatics believe that Ethereum will become the "king of ten thousand coins" in the future world), it decided to change the operation mechanism from PoW Proof of work to PoS mechanism, to Proof of stake, that is, whoever owns more will have more voting rights (there will always be a taste of counterfeit coins).
The image comes from the internet, such as being hacked or deleted
Developer conference held
Devcon6, the Ethereum developer conference, will be opened in Bogota, the capital of Colombia, on the evening of October 12. Vitalik Buterin V, the founder of Ethereum, as well as Ethereum core developers and Ethereum major outstanding project teams will participate in the conference.
The image comes from the internet, such as being hacked or deleted
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