Sentences with phrase «ether transaction»

While the current rate of Ether transaction fee could decrease in the short - term, until then, users on exchanges and decentralized applications will struggle.
Running each contract requires ether transaction fees, which depend on the amount of computational power required.
The big difference with ethereum is that its nodes store the most recent state of each smart contract, in addition to all of the ether transactions.
Within three hours, the decentralized app (dApp) was the third most active smart contract on the Ethereum network, accounting for roughly 2 % of all Ether transactions.

Not exact matches

Ether is simply a token useful for paying transaction fees or building or purchasing decentralized application services on the Ethereum platform; it does not give you voting rights over anything, and we make no guarantees of its future value.»
Instead, the sale is conducted over a website where the company accepts digital currency such as bitcoins or ether (or credit cards in the case of some overseas transactions) and the investors receive digital tokens.
Users must add their bank account in order to purchase Ether; these transactions would take approximately five business days to complete.
It is not; Ether is the currency of the Ethereum ecosystem, an ecosystem that supports Dapps, transactions, data and records, and EDCCs.
One of the big recent risers, Ethereum, is exactly that: Ethereum is based on a blockchain, 6 like Bitcoin, which means it has an attached currency (Ether) that incentivizes miners to verify transactions.
Beyond a tradeable cryptocurrency, ether is also used by application developers to pay for transaction fees and services on the Ethereum network.
You can also look at other information about your transaction like time stamp, block number, the address that the ether was send from and other.
318,866 transactions were processed on August 8 as Ether began what could be a significant rally.
Ether is the only way to submit transactions or record to the Ethereum blockchain.
Once again, it's important to understand that when purchasing Ethereum, you aren't actually purchasing «Ethereum,» you're purchasing «ether» — the token powering transactions across the network.
While both ether and bitcoin are cryptocurrencies and can be traded, exchanged, and transacted between users, ether is largely used to pay for services and transaction fees on the network — enabling the development and distribution of applications — while bitcoin is used more closely to an actual currency and alternative therein.
As reward for validating and processing transactions via PoW — also known as mining — users — commonly referred to as miners — are rewarded in ether (ETH), as their computational resources have not only solved a complex algorithmic problem, but contributed towards maintaining the security, integrity, and validity of the network.
During that same period (early 2018), Ethereum's average transaction fee peaked at just north of $ 4, and some users began turning to ether as a more affordable and convenient form of transacting.
Instead of money, the game uses the cryptocurrency Ether for transactions.
MyEtherWallet makes is fast and easy to store ether and make transactions on the Ethereum network.
Som Seif, Executive Chairman and Co-Chief Investment Officer of Ether Capital, mentioned, «The completion of this transaction and commencement of public trading represents a critical step in Ether Capital's mission.
Gas price The amount of ether to be spent for each gas unit on a transaction.
Then, a new multi-signature transaction is created which fixes the value of the bitcoin to the amount of ether you wish to hold.
ETH is mined in the same way Bitcoin is, where miners earn Ether by validating and storing transactions carried out throughout the ETH platform itself.
Purchaser acknowledges and understands that the Ethereum blockchain may not include the Purchaser's transaction at the time Purchaser expects and Purchaser may not receive Caviar Tokens the same day Purchaser sends Ether.
Both currencies Bitcoin and Ether are mined by a network of powerful computers and individual transactions are securely encrypted.
If we restrict Ethereum to only externally owned accounts and allow only transactions between them, we arrive at an «altcoin» system that is less powerful than bitcoin itself and can only be used to transfer ether.
Much like Ether to the Ethereum network, GAS is the fuel that powers transactions in the NEO system.
4) Significantly cheaper and faster As ether (ETH) obtains higher valuations, computation and transactions are becoming increasingly expensive.
Ether - to - dollar transactions were valued at $ 487.93 early Monday for a gain of nearly 5 %.
Transactions are not leveraged, which allows the trader purchased Ether in quantities they can truly afford and at risk levels, they can manage.
Ethereum is the network and Ether is used for smart contracts and transactions.
Even if the developers tried to bring back every Ether to each respective owner, developers could not edit the transactions made because of the security feature of Ethereum.
By contrast, ether enjoyed robust transaction activity, a sign that points to a potential migration of traders away from bitcoin.
Overall, ether experienced these robust gains amid strong transaction activity, as its 24 - hour trading volume reached $ 38.5 m at 23:59 UTC, CoinMarketCap figures show.
The fork would not roll back or reverse any transactions, but instead seek to prevent the further drain of ethers from The DAO by providing a mechanism for reacquiring them.
WTC can be utilized to buy and sell data, perform transactions on parent chain, or to create sub-chains with their own tokens (like ether is used to create ethereum - based tokens).
Ether's price fluctuations also notably took place amid generous trading volume, as 24 - hour transaction activity reached $ 62.7 m at one point during the day, coming close to the record daily high of $ 65.3 m reached in March, CoinMarketCap figures reveal.
The ethereum blockchain is supposed to be a permanent record of all the transactions ever conducted with ether.
If the destination of the transaction is another EOA, then the transaction may transfer some ether but otherwise does nothing.
All excess gas not used by the transaction execution is reimbursed to the sender as Ether.
Zug - based Ethereum has its own crypto currency (Ether) and develops so - called «smart contracts» for decentralized transactions.
With a simple tap users can navigate between ether and bitcoin to monitor transactions, send funds, or request payment; and
Costing around $ 100, it's designed to keep your bitcoins, ether, and altcoins safe by storing your wallets offline and signing transactions without transmitting any private data.
Bitcoin, ether, Bitcoin Cash, and other digital currencies are handling more transactions than they ever have before.
Check the details of your transaction carefully and click Accept to send your ether.
Much like Ether to the Ethereum network, GAS is the fuel that powers transactions in the NEO system.
Note that MetaMask remembers the addresses to which you send ether, simplifying future transactions.
If you have transactions you need to make during this time, we recommend using ether to send and request.
Some analysts say ether's transaction woes are limiting its upward momentum.
For ether to generate mainstream appeal, it will likely have to increase its transaction capacity.
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