Let's briefly introduce how the Ethereum we talk about every day is produced and distributed.

First of all, Ethereum is a kind of digital currency issued by Ethereum, which I think most people know.

Yitai workshop source

Then the source of Ethereum includes the following parts:

Pre-harvest reward: 60 million Ethereum is paid to the contributor in advance.

Box reward: at present, dig a box to reward miners with 5 ethereal coins.

Uncle Block Award: This is not the same as Bitcoin. After miners dig out a block, but it is not on the main chain, then this block is called uncle area. If this third-level block is cited as a third-level block in subsequent mining, the miners who dig out this block will get a block reward of 7/8, that is, 4.375 ETC, and the miners who quote this block will get 0. 15 ETC. Note that there are at most two quotes here.

The total number of bitcoins is 2100000, so ethereum is not generated indefinitely, and180000 ethereum is issued every year. As mentioned in the author's article before, this kind of digital currency will realize the dynamic balance between annual distribution and unexpected loss because of the loss of the key. It should be understandable that you don't really see how many official data are circulating.

Ethereum will adopt casper mechanism in the near future, which is different from the current GHOST mechanism. The specific mechanism remains to be seen.

From the miner's point of view.

From the perspective of miners, the Ethereum is divided into three parts:

The reward for mining, this is still 5 etheric coins. (Fixed income)

As for the transaction fee, some people have been asking before, if Bitcoin is 2 1 10,000, how can we get the profit from mining? Then the transaction fee is one of the benefits, and trading in the Ethereum will bring the transaction fee, so it is also part of the income of miners. (dynamic income)

As mentioned above, if this block has three blocks, then the income of 1/32 Ethereum from the three blocks is 0. 15 Ethereum. And each block refers to at most two third-level blocks, and the referenced blocks cannot be referenced repeatedly. (dynamic income)

Unit of Ethereum:

The basic unit is Wei, and the specific proportion is as follows:

Number of dimensions per unit (dimension)

Wei 1 Wei 1000

Kwei 1e3 wei 1000000

mwei 1e 6 Wei 100000000

gwei 1e 9 Wei 10000000000

micro ether 1e 12 Wei 1000000000000

1e 15 Wei 100000000000000

Ethernet1e18 Wei1000000000000000000.

Uncle block award

Looking back, I think it is necessary to talk about the reward of the three-level block:

As the name implies, the third-level block is the sibling block of the parent block of the block. Then the blockchain has only one main chain, so the third block is not on the main chain, which leads to the third block. Due to the unsynchronized network delay, if a three-level block is referenced on the effective main chain, the miners who dig out the three-level block will get 4.375 Ethereum (7/8 of the block reward). As mentioned above, the citation of tertiary blocks is rewarded, so this reward is also related to the miners who dig tertiary blocks. Details are as follows:

The number of layers of the interval is obtained in proportion to the etheric currency.

17/84.375

26/83.75

35/83. 125

44/82.5

53/8 1.875

62/8 1.25

Reference: detailed explanation and actual combat of Ethereum technology