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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More / Etherum Reddit - 3 years ago

How to get a few dollars worth Ethereum

I have some coins in my Ethereum wallet (worth around 20$) and I want to swap them. Unfortunately, I have exactly 0 ETH. If I well understood I can do transactions with a very low gas price and spend just a few cents for a transaction (as predi...

by COINS NEWS - 3 years ago

Ethereum Max is a scam using celebrity shills.

Just over a month ago a random token was created on Ethereum, Ethereum Max. It's just an ERC-20 token with HODLing rewards and other forms of perks I couldn't find, because they lack a whitepaper. Nothing about this coin is interesting or spe...

More / Etherum Reddit - 3 years ago

Low gas on ethereum

Hey everyone Low gas on ethereum has been a blast for everyone, I’m sure. Being able to afford to interact with dApps really reminds you that this is the future. However, I can’t help to be concerned about what this indicates about the future of eth...

More / Etherum Reddit - 3 years ago

Stolen Ethereum

I must say, I didn’t think this would happen to me. I made one slight mistake and ALL of my hard earned and accumulated ETH gone in 47 seconds. I downloaded Metamask and it looks like it was from a phishing site, imported my wallet and all of my ETH...