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.

Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.



More / Etherum Reddit - 3 years ago

Bots on Ethereum

I have some questions regarding the usage of bots with Ethereum (or any other blockchain network). Are bots able to confirm transactions, either general purpose or with smart contracts? I.e. the process of initiating a transaction and confirming the...

by COINS NEWS - 3 years ago

8M Ethereum Out of Circulation Points to a Supply Shock

​8M Ethereum Out of Circulation Points to a Supply Shock The combination of ETH deposited in the staking contract and supply burned through EIP-1559 equates to about 8 million ETH worth $28.8 billion being taken out of circulation. The number of toke...

More / Etherum Reddit - 3 years ago

Why is ethereum better than cardano?

I recently posted on the cardano sub “why is cardano better than ethereum?”. I wanted to know this subs thoughts on why etherum is better than cardano? submitted by /u/pinkwave24 [link] [comments]

More / Etherum Reddit - 3 years ago

Ethereum gas fee policy is like highway robbery

If you don’t set the right amount of gas, your tx will fail, and the gas fee will still be taken from you and burned. The problem is nobody is able to tell you exactly how much gas is required for each transaction type. How is this different from dea...