Tag: number transactions network

What Is Sharding Ethereum

Sharding is a term that is used in relation to blockchain technology and Ethereum. It is a process that allows the blockchain to be divided into parts, or shards. This makes the blockchain more efficient and allows it to handle more transactions. Sharding was first proposed by Vitalik Buterin in 2014. At that time, he […]

What Is Network Fee In Ethereum

What Is Network Fee In Ethereum? When you send Ethereum, you are actually sending a transaction. To send a transaction, you need to pay a network fee. This fee is used to pay miners for their work in validating and confirming transactions. The network fee is set by the miners and can change over time. […]

What Is A Node In Crypto

What is a Node in Crypto? A node in Crypto is a computer that is connected to a blockchain network. Nodes are responsible for verifying transactions and blocks on the network. They are also used to maintain the blockchain by approving new blocks. Nodes that are not approved by the majority of the network are […]