Tag: Ethereum network they

Why Is Ethereum Burning

Why is Ethereum burning? Ethereum is burning because it is running out of gas. When someone wants to execute a transaction or smart contract on the Ethereum network, they need to pay a fee in order to do so. This fee is known as gas, and it is paid in ether (ETH). The Ethereum network […]

What Does Ethereum Name Service Do

What is Ethereum Name Service? Ethereum Name Service (ENS) is a decentralized platform for registering and managing Ethereum addresses. It allows users to interact with the blockchain without having to remember complex wallet addresses. ENS also provides a secure name registration system that prevents name squatting and provides a level of security against phishing attacks. […]