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.

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by COINS NEWS - 3 years ago

Ethereum Dominance Is Nearing

Ethereum Holders Continue to Rise, Unique Addresses are On A Steady Uptrend The daily increase has also been going above 200k on some days, two days in a row in early June, even recording more than a 320k increase. For now, the Ethereum community is...

by COINS NEWS - 3 years ago

I've made my first $1000 in ethereum!

While to your average person thus may bot seem like much, to a young highschool girl who makes a bit above minimum wage. Its an awful lot. I'm just glad I've made it this far through mining and small investments alone! I wouldn't have bee...