No clear regulations. Stocks such as Bitcoin in China are defined as commodities and do not have the legal attributes of currency. The Ethereum system is the most widely supported public blockchain system that uses the most widely supported application development. Compared with Bitcoin, Ethereum system Ethereum belongs to the category of blockchain 2.0. It is a blockchain system redesigned to solve some problems of the Bitcoin network. The design of Bitcoin is only suitable for encrypted digital currency scenarios, does not have the integrity of Turing, but also lacks the concept of accounts in real -time states, and has the problem of efficiency and resources waste brought by the POW mechanism. Bitcoin's blockchain network has defects of insufficient scalability. As Bitcoin attracts more and more developers and technicians, some users try to use Bitcoin network for other digital currencies or other applications. However, the development of the Internet and the development of blockchain applications independently are relatively difficult. Users need to master a lot of software and hardware development capabilities and encryption algorithms, which makes the application of blockchain is not so easy for some users.
No clear regulations.
Stocks such as Bitcoin in China are defined as commodities and do not have the legal attributes of currency.
The Ethereum system is the most widely supported public blockchain system that uses the most widely supported application development. Compared with Bitcoin, Ethereum system Ethereum belongs to the category of blockchain 2.0. It is a blockchain system redesigned to solve some problems of the Bitcoin network. The design of Bitcoin is only suitable for encrypted digital currency scenarios, does not have the integrity of Turing, but also lacks the concept of accounts in real -time states, and has the problem of efficiency and resources waste brought by the POW mechanism. Bitcoin's blockchain network has defects of insufficient scalability. As Bitcoin attracts more and more developers and technicians, some users try to use Bitcoin network for other digital currencies or other applications. However, the development of the Internet and the development of blockchain applications independently are relatively difficult. Users need to master a lot of software and hardware development capabilities and encryption algorithms, which makes the application of blockchain is not so easy for some users.