What is Ethereum?

Most people actually do not fully understand what Ethereum is, what it aims to do, and what it intends to achieve.

Before understanding Ethereum, it is recommended to first learn about the development history of Ethernet, and then look at the Ethereum white paper. This way, you will have a general understanding of Ethereum rather than just understanding it.

Blockchain is mainly about decentralization, but it decentralizes the traditional industries and traditional applications, and then becomes that centralization itself.

For example, Bitcoin, has Bitcoin truly been decentralized? If Bitcoin has been decentralized, then who’s centralization has it taken away? And how did Bitcoin become centralized?

Now the market value of Bitcoin has surpassed Google, and the market value of Ethereum has surpassed Tencent.

What was the matter in the Six Dynasties? It only became a private scheme for factions. Do lords and nobles have any kind? In the crypto circle, it remains the same.

Today's crypto circle is working for two asset tags, one is Bitcoin, and the other is Ethereum; the strong remain strong.

Of course, it is also working for exchanges. Binance now has a global user base of two hundred million, and the cumulative trading volume has exceeded one trillion US dollars; please note, it is one trillion US dollars.

What is the most distorted thing about exchanges today? The most distorted thing is that exchanges act both as referees and players; they participate as players while also acting as referees. Under such circumstances, how can users not be pushed down and rubbed against the ground?

In the past, cutting leeks was done with a sickle, but now it has been replaced with a harvester, and that harvester is the exchange.

The rights to list coins on centralized exchanges must be separated in the future; only in this way can the industry develop better and healthier.