Home
Notification
Profile
Trending Articles
News
Bookmarked and Liked
Creator Center
Settings
LIVE
Masood Rana 111
--
Follow
What is the benefit of working so long?
#majorfall
#MajorAnnouncements
#Major
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
See T&Cs.
65
0
Replies
0
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Sign Up
Login
Relevant Creator
LIVE
Masood Rana 111
@masood_rana_111
Follow
Explore More From Creator
$ETH Ethereum (ETH) is a decentralized blockchain platform that enables developers to build and deploy smart contracts and decentralized applications (dApps). Created by Vitalik Buterin and launched in 2015, Ethereum introduced the concept of "smart contracts," which are self-executing contracts with the terms of the agreement directly written into code. **Ethereum's Native Currency: ETH** ETH is the native cryptocurrency of the Ethereum network. It is used for two primary purposes: 1. **Gas Fees:** ETH is used to pay for transaction fees (called "gas") on the Ethereum network, which are required to execute transactions or run smart contracts. Gas prices fluctuate depending on network congestion. 2. **Store of Value and Investment:** Like Bitcoin, ETH is also viewed as a store of value and a digital asset for investors. Over the years, Ethereum has become the second-largest cryptocurrency by market capitalization, after Bitcoin. **Ethereum's Unique Features** 1. **Smart Contracts and dApps:** Ethereum allows developers to create decentralized applications (dApps) that run on its blockchain, providing a trustless and transparent environment for everything from financial services to gaming and NFTs (Non-Fungible Tokens). 2. **Proof of Stake (PoS):** Ethereum transitioned from a Proof of Work (PoW) consensus mechanism to Proof of Stake (PoS) with the Ethereum 2.0 upgrade. PoS is more energy-efficient and helps secure the network while reducing environmental impact. 3. **Decentralization and Security:** Ethereum’s decentralized nature ensures that no single entity controls the network. This makes it resistant to censorship and tampering. **Ethereum 2.0 and the Transition to PoS** The transition to Ethereum 2.0, completed in 2022 with "The Merge," shifted Ethereum from a PoW system (which required miners to validate transactions and create new blocks) to PoS. Under PoS, validators (users who stake ETH) are responsible for validating transactions and securing the network. This change aims to improve scalability,
--
AltcoinMomentum
--
#BounceBit bouncebit
--
Claim fast$USDC Claim fast 15 usdt
--
15 USDT Claim now fast 😍 15 USDT Claim now fast 🥰 #BTCBreaks100K? #SOLHitsATH #XRPAndSECShift #JoblessClaimsLowestApril $SOL
--
Latest News
Cash App to End Bitcoin Transfers via User Tags Amid Compliance Concerns
--
BNB Surpasses 660 USDT with a 1.97% Increase in 24 Hours
--
Significant USDT Transfer Observed From Unknown Wallet To Ceffu
--
USDe Surpasses DAI To Become Third Largest Stablecoin
--
SEC's Jorge Tenreiro Expands Role Amid Continued Focus On Crypto Regulation
--
View More
Trending Articles
Hedera Continues to Scale Up-Here’s the HBAR Price Prediction for 2025 After a Bullish 2024 Close...
Coinpedia
How 10x, 75x, and 125x Leverage Can Supercharge Your Profits—and Risks—in Trading
crypto expert one
DOT/USDT Technical Analysis 📊: Buying, Selling, and Stop Lo
CryptoCZ
US Moves $1 Billion in Bitcoin to Coinbase, Potentially Threatening Trump’s Reserve Plan
BeInCrypto Global
Ripple CEO Issues New Statement as XRP Starts Approaching $3
U.today
View More
Sitemap
Cookie Preferences
Platform T&Cs
