Traditional Culture Encyclopedia - Traditional virtues - Does Ether have investment value?
Does Ether have investment value?
As a relatively new development utilizing Bitcoin technology, Ether is dedicated to the implementation of a globally decentralized and ownership-free digital technology computer to execute peer-to-peer contracts. Simply put, Ether is a world computer that you can't turn off. The innovative combination of cryptographic architecture and Turing integrity could facilitate the emergence of a plethora of new industries. In turn, traditional industries are under increasing pressure to innovate or even at risk of obsolescence.
While the Bitcoin network is, in fact, a distributed set of databases, Ether goes one step further in that she can be thought of as a distributed computer: the blockchain is the computer's ROM, the contracts are the programs, and Ether's miners are responsible for the computation, taking on the role of the CPU. This computer is not, and cannot be, free to use, otherwise anyone could store all sorts of junk information and perform all sorts of trivial calculations in it, and to use it, you need to pay at least the computation fee and the storage fee, and of course some other fees.
Best known is the Enterprise Ether Alliance, founded in early 2017 with more than 20 of the world's top financial institutions and tech companies, including JPMorgan Chase, Chicago Board of Trade Group, Bank of New York Mellon, Thomson Reuters, Microsoft, Intel, Accenture and others. And the cryptocurrency Ether, which was spawned by Ether, has recently become a sought-after asset after Bitcoin
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