Everyone should be aware that Musk (Tesla boss) suddenly posted a tweet and Weibo with only one word a few days ago, which made people in the currency circle very lively, because the word is unknown to people outside the currency circle. , but people in the currency circle must know the words: Ethereum, Ethereum.
The word Ethereum is different from Bitcoin. Bitcoin can be said to be known to everyone inside and outside the currency circle, whether they understand it or not, but at least they know the existence of Bitcoin. But Ethereum is different. People who understand cryptocurrencies and blockchain must know Ethereum, but those who don’t know most likely don’t know Ethereum.
And for many people, Ethereum actually represents the word "blockchain" better than Bitcoin. Ethereum has incubated many blockchain projects, and has become the most imitated object in the later IC0 wave. It is also the imitation object of many "alliance chains" and other chains. Decentralization attempts, such as decentralized applications, decentralized finance, decentralized games, etc., the things that Ethereum can do, in fact, represent to a large extent the things that blockchain can do, but some later Those who think they can do better than Ethereum.
When Musk mentioned Ethereum, the founder of Ethereum, Vitalik, naturally responded, and this also started a new question. Musk asked this question: What should be developed on Ethereum?
And God V seriously replied to the blockchain curiosity of this "real version of Iron Man", which was divided into five points. Regarding God V's reply, I directly adopted the translation of "Blue Fox Notes".
1. A globally accessible financial system, including payments, store of value, and some more advanced stuff like insurance (hurricaneguard.io);
two,
two,
1. All kinds of registrations should be released on the chain, which is safe and easy to verify;
2. Experiment with new forms of human organization structure, such as: MolochDAO;
three,
three,
1. Machine learning personal data market that can protect personal privacy (you and I send X amount of money, I let you perform homomorphic processing function Y on my data, and my data has been proved by Z);
Four,
Four,
1. Cryptoeconomics / micropayment mechanism for rewarding good content contributors;
2. A testing ground for new market designs, such as high-frequency batch auctions, combined auctions, and automatic market makers (such as uniswap);
3. Stickers/badges (such as donating a certain amount of ETH for charity purposes, getting a branded sticker, and presenting it in various applications such as ETH chat.).
five,
1. P2P market for network connection and incentivized grid network;
2. Develop identity, reputation and credit systems, mainly to provide services for resource-poor people, such as refugees;
3. Decentralized DNS alternatives (eg, ens.domains).
From V God’s reply, we can see what he thinks the current development direction and application of Ethereum should be. In it, we can't see dapps, games, and all kinds of hype-filled blockchain imaginative landing functions, and some are just very simple decentralization, disintermediation, and Token economy.
Although the answer is what Ethereum can do, but in terms of its implementation stage, Ethereum as the first public chain basically represents what a decentralized public chain can do.
Although we all say that cryptocurrencies can change the world, this has to be done step by step. The strides of Bitcoin are particularly big, and it is directly hoped to revolutionize currency, the foundation of traditional finance, which naturally leads to believers flocking to it, while unbelievers scoff at it. This is actually very similar to the dot-com bubble back then, but although everyone still misses the world without the internet today, they definitely cannot live without the internet.
The reason why we cannot live without the Internet is not how good the concept of the Internet is, nor how much money the Internet has made, but the fact that the Internet has truly changed people's lifestyles with one product after another.
Similarly, for cryptocurrency/blockchain, while clamoring to change the world, it is more important to make one product after another, so that people can truly feel that the development of blockchain can affect people's lives. Make a positive change.
For example, asset storage and payment that have been successfully verified (that is, there is a great consensus on the fact that "coins are valuable"), such as identity verification methods that have yet to be verified, content incentive methods, and network As a way to incentivize and connect, as a way of reputation, as a credit system, as a way to provide refugees with identities on the chain (the United Nations is doing this), as a way to guarantee privacy, etc...
Many people say that the blockchain is speculation, but in fact he only sees the aspect of speculation. Just as for many people, listed companies are used for stock speculation, so there is no problem, right? Token speculation is not a bad thing. On the contrary, I think being able to "fry" is a good way to ensure liquidity for Token. And as long as things that can be speculated must have skyrocketing and plummeting, this is human nature, but if you think that the blockchain is meaningless because you have lost money in the market, then you may miss a very important thing.
A thing that can change the future.
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This article is from Bikan K Station,the original author @陈威威尔, the source must be indicated when reprinting.
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