Ethereum is currently the second largest cryptocurrency after Bitcoin. It was created in 2015 by Vitalik Buterin and has a market capitalization of over $28 billion. Ethereum is a decentralized platform that allows developers to create applications that run on a blockchain. One of the main features of Ethereum is its ability to process transactions. […]
Why Are Ethereum Gas Prices So High
The price of Ethereum gas, the internal pricing for transactions on the Ethereum network, has been on the rise in recent months. As of May 15, 2018, the average price of a single gas unit was $0.20, up from around $0.10 in January. So why are Ethereum gas prices so high? There are a few […]
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How Is Gas Calculator Ethereum
What is Ethereum? Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. Gas Calculator Ethereum The Gas Calculator Ethereum is a tool that is used to calculate the approximate amount of gas that will be needed to execute a given […]
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How To Figure Out Gas Fees Ethereum
Gas fees are a necessary part of using the Ethereum blockchain. They are used to pay for the resources used to run transactions and smart contracts. In this article, we will explain how to figure out the gas fees for your transactions and smart contracts. The gas fees for a transaction are based on the […]
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What Are Ethereum Gas Fees Right Now
Gas Fees are the amount of money that is charged by the Ethereum network for certain actions, such as creating a new account, sending Ether, or executing a smart contract. The current Gas Fee for creating a new account is 0.05 Ether. The current Gas Fee for sending Ether is 0.0001 Ether. The current Gas […]
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