Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. Ethereum can process approximately 15 transactions per second. Ethereum plans to improve scalability by implementing sharding, which will split the network into several shards, each of which can process transactions in […]
Why Is Gas So Expensive Ethereum
Gas is the fuel used to power transactions on the Ethereum blockchain. The price of gas is determined by the network and can fluctuate depending on the demand. The high price of gas is currently causing problems for Ethereum developers. Transactions are taking longer to process and are costing more to execute. This is making […]
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