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 - 3 years ago
Statistics show that the Ethereum 2.0 deposit contract has exceeded 6 million ether this week as more than $12.4 billion worth of ethereum is held in the contract today. Onchain metrics show that Ethereum has seen some significant drawdowns in recent...
Cryptocoins News / NewsBTC - 3 years ago
Ethereum failed to stay above $2,100 and it is now moving lower against the US Dollar. ETH price is likely to continue lower and it could even break $2,000.
Ethereum started a fresh decline from well above the $2,200 support zone.
The price is now t...
Cryptocoins News / The Cointelegraph β - 3 years ago
Ethereum flips Bitcoin by another metric as active addresses plummet. The number of addresses active on the Bitcoin network has crashed roughly 60% in the past six we...
Cryptocoins News / The Cointelegraph β - 3 years ago
A $2,200 Ether price would give bulls a $28-million advantage in this weekβs ETH options expiry, but traders are more focused on the impact of the London hard fork in mid-July....
Cryptocoins News / NewsBTC - 3 years ago
The CEO of Skybridge Capital, Anthony Scaramucci, has announced that the firm will launch an Ethereum fund. The fund is planned to be a private fund. Alongside this, Skybridge Capital has filed for an Ether ETF with the SEC. The fund already has a pe...
Cryptocoins News / NewsBTC - 3 years ago
The growth of USDC in 2021 is more tremendous than that of Tether. The Ethereum-based USDC stablecoin is gaining immense traction as the experts deem it as the most dominant asset.
In coming weeks it is very likely USDT’s share of the stableco...
Cryptocoins News / The Cointelegraph β - 3 years ago
The Balancer and Polygon partnership aims to lower gas fees for traders on the Ethereum blockchain. The adoption rate of a cryptocurrency is heavily dependent on its u...