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

How did I get LPT coins on my Ethereum address?

Sorry if this is a stupid question. I've bought ETH about 3 years ago, and after it crashed I never looked at it since today. I imported my private key that I had on paper into MetaMask, and my ether showed up, yeah. However, it also showed about...

More / Etherum Reddit - 3 years ago

How many coins will there be after Ethereum update

Sorry if this has been asked before and this may be a dumb question. I know that the update will decrease the amount of coins available. However, will it half the total overall supply of coins in circulation? Or will it only decrease the supply littl...