First, a basic understanding about Ethereum: Ethereum is a platform based on blockchain technology that gives developers a base to create decentralized applications. Smart contracts is one of the main characteristics of Ethereum, it is a computer code that facilitates exchanges of value. Once all criteria are met, the contract will self-execute. And last but not … Read moreEthereum’s Platform Update
To make it simple, gas is a unit exclusively used by Ethereum to navigate the blockchain system, that can be compared to what fuel is to a car. If the car has fuel it moves if it doesn’t it won’t work. Same thing in the blockchain mining process. It covers the work between the operations towards a … Read moreGas and Transactions fees?