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 - 1 year ago

I'm dumb. What are actual use cases of Ethereum?

Please, my brain is too small to know dap this defi that. What are some actual real examples of how Ethereum can be used in the future? Why is it better than what we have now? Everything I look up online seems to use more theoretical examples and ge...

More / Etherum Reddit - 1 year ago

BASE vs. Ethereum

Let's say I have a coin on ethereum, and I make this coin available on base, what determines the USD value of that coin? Could my coin on base have permanently a different USD value than the same coin in Ethereum? submitted by /u/Go...

by COINS NEWS - 1 year ago

Ethereum: my thoughts for the medium term

I am bullish on BTC and hyper bullish on ETH, currently it's just been following the market upwards but if you look at the ETH/BTC chart and zoom out you can see that ETH is due to spike upwards. With the burn heating up, average over the last mo...

More / Etherum Reddit - 1 year ago

Ethereum has fees in defi wallet

Pardon my tongue. What in the poop fuck ? I have ethereum chain TUSD. I staked in a few years ago. Now I want to swap it for another token. $70 to swap is .10 ethereum. As in, 340$ ….so basically my ethereum chain TUSD is completely useless now. Is...