MultiversX Tracker is Live!

Why Ethereum is better?

Etherum Reddit

More / Etherum Reddit 261 Views

Hello, I am a newbie and i want some questions answered. I have tried to watch youtube and get some answers but it's a lot of information to process. So i am asking them here. Please answer them in the simplest way possible. 1. Why is ethereum better than other projects? 2. what are other crypto currencies out there which has a lower transaction fee and why shouldn't i use them instead? 3. What are smart contracts? Please give me a real life example? 4. Who decides the transaction fees? 5. Does eth transaction fails? What happens to the fees and crypto when it fails? Why should a transaction fail on the first place? 6. What happens if i put wrong wallet address which doesn't exist? 7. How do wallets make money? Do they charge their own fees + transaction fees? 8. What makes one wallet superior from other? Which one should i use? 9. What did EIP-1559 did for ethereum? 10. What are the benefits of Ethereum 2.0?

submitted by /u/drink_water_reminder
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments