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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by COINS NEWS - 1 year ago

Three months ago I published a post voicing my concern that the Tornado Cash lawsuit against the US Treasury could fail, which would uphold the sanctions prohibiting Americans from calling the Tornado Cash smart contract logic to encrypt their Ethereum tr

This was the post: The risk that a US judge rules against Tornado Cash plaintiffs Last month, the first challenge did in fact fail, as a court rejected the plaintiff's motion to issue a summary judgment striking down the sanctions as exceeding OF...

by COINS NEWS - 1 year ago

Three months ago I published a post voicing my concern that the Tornado Cash lawsuit against the US Treasury could fail, which would uphold the sanctions prohibiting Americans from calling the Tornado Cash smart contract logic to encrypt their Ethereum tr

This was the post: The risk that a US judge rules against Tornado Cash plaintiffs Last month, the first challenge did in fact fail, as a court rejected the plaintiff's motion to issue a summary judgment striking down the sanctions as exceeding OF...

by COINS NEWS - 1 year ago

Three months ago I published a post voicing my concern that the Tornado Cash lawsuit against the US Treasury could fail, which would uphold the sanctions prohibiting Americans from calling the Tornado Cash smart contract logic to encrypt their Ethereum tr

This was the post: The risk that a US judge rules against Tornado Cash plaintiffs Last month, the first challenge did in fact fail, as a court rejected the plaintiff's motion to issue a summary judgment striking down the sanctions as exceeding OF...

by COINS NEWS - 1 year ago

More decentralized Ethereum indexes would be awesome

Are there many choices out there for Index tokens that would best represent an index of Ethereum, its Roll ups, layer 2’s, dApps and Dex’s? There are tons of different things capturing value using ETH, and I would love to park some capital in one to...