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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Cryptocoins News / Blockchain  - 2 years ago

Ethereum's Shapella Upgrade Complete

Ethereum's Shapella upgrade has been successfully completed, allowing validators to withdraw their staked Ether on the Beacon chain. Over 44% of active validators have the ability to request partial or full withdrawals, with most withdrawals being fo...

by COINS NEWS - 2 years ago

Ethereum, the future is.

ETH is doing really great in terms of price but that is because such awesome developments such as the environmentally friendly decision to move to proof of stake, with the merge behind us and upgrades like Shapella coming in reasonable timeframes, an...

by COINS NEWS - 2 years ago

Ethereum has passed $2000 after 7 months of waiting!

ETH has finally, after a long 7 months wait of impatient crypto hodlers, crossed 2K US Dollars mark. 7 months ago, ETH dipped below 1000$ mark for the first time in last few years. It touched 881$. Which shut down all the crypto youtubers and their...