Ethereum
Ethereum is a global, open-source platform for decentralized applications. In other words, the vision is to create a world computer that anyone can build applications in a decentralized manner; while all states and data are distributed and publicly accessible. Ethereum supports smart contracts in which developers can write code in order to program digital value. Examples of decentralized apps (dapps) that are built on Ethereum includes tokens, non-fungible tokens, decentralized finance apps, lending protocol, decentralized exchanges, and much more.
On Ethereum, all transactions and smart contract executions require a small fee to be paid. This fee is called Gas. In technical terms, Gas refers to the unit of measure on the amount of computational effort required to execute an operation or a smart contract. The more complex the execution operation is, the more gas is required to fulfill that operation. Gas fees are paid entirely in Ether (ETH), which is the native coin of the blockchain. The price of gas can fluctuate from time to time depending on the network demand.
Bitcoin News / Bitcoin.com - 1 year ago
Bitcoin rallied to above $30,000 to start the week, as bulls returned to crypto markets on Monday. The news comes as it was announced that fashion brand Balenciaga is set to accept crypto payments. ETH also moved higher on the news.
Bitcoin
BTC climb...
More / Etherum Reddit - 1 year ago
Hi, I'm starting on reading about Blockhains and their applications. Two papers I've read claimed that they used a private/permissioned blockchain that uses a proof of authority concensus mechanism. However, they also mention that they're...
Cryptocoins News / The Cointelegraph - 1 year ago
The Ethereum Name Service is having its best month on record for new registrations, account renewals and revenue thanks to community awareness and low gas fees.Lead developer at Ethereum Name Service (ENS) Nick Johnson tweeted on Monday the metrics f...
by COINS NEWS - 1 year ago
Not sure your views on Loopring, not sure it matters cause it’s good news for all, but the GameStop NFT beta wallet has just launched! Features include 1) your keys, your wallet 2) decentralized Ethereum apps 3) “fast and fairly priced transactions o...
Bitcoin News / Bitcoinist - 1 year ago
The long-awaited Ethereum transition to proof-of-stake (PoS) has been pushed back again and again. According to the latest reports, the date has finally been fixed to August, this year. Ethereum Co-Founder Vitalik Buterin recently attended the ETH Sh...
by COINS NEWS - 1 year ago
I’m seeing a lot of maximalism and tribalism in the crypto space which made me inspired to make this post. So many spread FUD of other projects in order to “defend” their bags. I truly don’t think one crypto is going to monopolize the space. The futu...
More / Etherum Reddit - 1 year ago
ETH2.0 isn’t an actual product or a new version of Ethereum. It’s literally the same version but with multiple upgrades that will make it somewhat unrecognizable from today’s Ethereum in terms of transaction performance. And the way that Ethereum wil...
by COINS NEWS - 1 year ago
As we all experienced last week, the crypto market experienced one of the most brutal corrections in its history, according to data from CoinMarketCap. With a few exceptions, the price of most cryptocurrencies fell by double-digit percentages. Bitcoi...
by COINS NEWS - 1 year ago
I’m all in for Ethereum and the decentralized ecosystem that comes along with it. However, I’m also realistic and know that it’s not efficient nor sustainable enough to maintain larger and larger numbers and I think we already know that. Even with th...
Cryptocoins Exchanges / Binance - 1 year ago
Binance now supports deposits to the Ethereum Layer 2 network Optimism Binance is bullish on Ethereum's Layer 2's future. On Friday, the leading cryptocurrency exchange and the trading place of cryptocurrencies like Tea that financially rewa...
More / Etherum Reddit - 1 year ago
Preston Van Loon, core developer of the Ethereum network, told attendees at the Permissionless conference that the transition, known as The Merge, will occur sometime in August if everything goes according to plan. And now with the rapid growth of we...
Cryptocoins Exchanges / Binance - 1 year ago
Optimism, is a second layer solution built on Ethereum. It allows for off-chain transactions, which are packaged and then confirmed in a single transaction on the blockchain. This allows trading while paying less commissions, but at the same time wit...
More / Etherum Reddit - 1 year ago
Setting up my full node for the first time! Does anyone know what block and when the first smart contract was created on ethereum? submitted by /u/shaunskips [link] [comments]
Bitcoin News / Bitcoinist - 1 year ago
The recent crypto market crisis has not only hurt investors, but also notable entrepreneurs, erasing billions of dollars from their fortunes. Vitalik Buterin, co-founder of Ethereum, is one example.
In 2014, the 28-year-old founded Ethereum, a leadin...
More / Etherum Reddit - 1 year ago
I'm familiar with Tornado. Are there any other viable options that give privacy on layer 1? submitted by /u/EmilyLovs [link] [comments]
Cryptocoins News / The Cointelegraph - 1 year ago
I understand the fact that Ethereum is the second most popular cryptocurrency and that it has incredible potential for further growth as well, but I'm curious about Ethereum's blockchain. One thing that's not so clear to me, is why are mo...
Bitcoin News / Bitcoin.com - 1 year ago
According to current metrics, the Ethereum blockchain has burned 2.35 million ether since the implementation of Ethereum Improvement Proposal (EIP) 1559. The $8.10 billion in value was burned over the course of nine months and during the last seven d...