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

Ethereum projects

Where is the best place to go to find new and upcoming projects built on the eth network? submitted by /u/Enpassant99 [link] [comments]

More / Etherum Reddit - 3 years ago

OMGX Optimistic Rollups will help scale Ethereum

Hear me out. We all know the history of OMG from 2017, but about five months ago, a miracle happened. The team was acquired by GBV, a HK VC firm, and is currently being led by Enya.ai, which is comprised of Alan Chiu and Jan Liphardt. Alan is the Co-...

by COINS NEWS - 3 years ago

All in on ethereum

I'm pretty fresh on trading crypto & ethereum. I'm really optomistic about ETH rbooming in the next 3-5 years. Would I be a fool to dump my entire savings into ETH and letting it ride the wave? I don't think it'll really tank much...