The ecology of Ethereum is becoming stronger and stronger, and there are many killer applications that have swept the world. Next, we will explore what ETH2.0 Plus is . What kind of magic is this dapp game that more than 70 countries are participating in ? .
According to the official introduction of ETH2.0 Plus , the project is a dapp built on the Ethereum decentralized network. The entire process is automatically run by smart contracts, and no one can control and use any funds in it.
What is a smart contract?
Smart contract ( Smart contract ) is a computer agreement designed to spread, verify or execute a contract in an information-based way. Smart contracts allow trusted transactions without a third party, which are traceable and irreversible.
The purpose of smart contracts is to provide a security method superior to traditional contracts and reduce other transaction costs associated with the contract.
What are the advantages of dapps built with smart contracts ?
First, smart contracts cannot be terminated. Once the smart contract is on the chain, it cannot be changed or terminated. This ensures the permanence of the project. There will never be a situation where the server cannot be opened when the server is turned off, which ensures the permanent operation of the dapp .
Second, it cannot be controlled manually. The rules of the smart contract are written before the chain is on the chain, and the operation rules and logic of the contract cannot be changed in the middle, which ensures that no changes can be made to the dapp .
Third, the safety of funds. The Dapp 's funds flow is visible on the chain throughout, and the account private key is kept by itself. Running dapp does not require the complicated process of KYC .
Why is ETH2.0 Plus so popular among players?
ETH2.0 Plus is fully automated by smart contracts and is established on the world's second largest market capitalization Ethereum network. The contract code is open source and there is no capital risk.
And the purpose of the project is to preach ETH2.0 . According to the previous statement of the Ethereum Foundation, ETH2.0 is expected to enter the first phase of testing in early 2021 , and ETH2.0 Plus is the preaching of ETH2.0 that is being promoted globally. .
ETH2.0 Plus has a rich bonus mechanism. The project uses smart contracts to return 100% of the funds involved in the entire network to the wallet addresses of participating players. There is no manual review or any development team draws. Participants can get rewards. This is unprecedented. An ETH evangelistic event for.
The future is here, are you ready?
*The market is risky and this article does not constitute any investment advice.