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 - 3 years ago

Ethereum Treasury?

I've tried searching for it a few ways, but I just haven't been able to get clear information regarding whether Ethereum has a treasury. Does anybody know? If it is the case that there's no treasury, how does Ethereum improve itself? Anyt...

Cryptocoins Exchanges / Binance - 3 years ago

What is BUSD - ethereum vs. binance?

My understanding is that BUSD can exist both as ERC20 and as BEP20, is this right? Whatever exchange it is at will always give you the option to withdraw it as one, or the other, or both? If one has an ERC20 and they are converting it to BEP20, is t...

More / Etherum Reddit - 3 years ago

How Can I Contribute to the Ethereum Ecosystem?

I'm new to Ethereum, and have done solid amounts of research into it, but a majority of content that I see here is associated with stocks, trading, etc. While that is something I'm interested in, I'm determined to be in this space for the...

More / Etherum Reddit - 3 years ago

Staking Etheruem could lose your Ethereum?

I was thinking about staking all my ethereum on coinbase when I saw this in the terms and agreements, see below. I didnt know I could lose my ethereum I stake. So they want us to stake our ethereum to get a chance at getting 6% apr, with the possibil...