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Home/ethereum

CryptoAsker Latest Questions

PritamShi
PritamShi
Asked: February 23, 2022In: ETH Token

What Is Ethereum Name Service (ENS)?

The Ethereum Name Service (ENS) is a naming service for wallet addresses, hashes, and other machine-readable identifiers. It turns difficult to read strings of data into easily readable addresses. It works similarly to the Domain Name System (DNS) used for ...

ensethethereum
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Blockchain
Blockchain
Asked: February 23, 2022In: ETH Token

How will Ethereum’s Arrow Glacier update affect me?

For the standard user, there won’t be any noticeable difference. Block times for confirmation have remained almost constant at around 13 seconds for the past year. If you operate a node or are a miner, you’ll need to upgrade your Ethereum ...

ethethereum
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Blockchain
Blockchain
Asked: February 23, 2022In: ETH Token

What is an Ethereum Improvement Proposal (EIP)?

an EIP can propose any improvement or change to Ethereum. Anyone can create an EIP, which the Ethereum community, a board of editors, and Ethereum developers review. To be included in an update, the EIP must pass the approval process. ...

ethethereum
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Anonymous
Anonymous
Asked: February 23, 2022In: ETH Token

What Is the Ethereum Arrow Glacier Upgrade?

Ethereum’s Arrow Glacier network upgrade delays the network’s difficulty bomb until June 2022. Many previous updates have also extended the deadline for the difficulty bomb. The difficulty bomb will, by design, make mining on Ethereum uneconomical and difficult to do. ...

ethethereum
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Anonymous
Anonymous
Asked: February 22, 2022In: Crypto Trading

What Is Uniswap and How Does It Work?

Uniswap is a set of computer programs that run on the Ethereum blockchain and allow for decentralized token swaps. It works with the help of unicorns (as illustrated by their logo). Traders can exchange Ethereum tokens on Uniswap without having to ...

ethereumuniswap
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Anonymous
Anonymous
Asked: February 22, 2022In: ETH Token

How does ETH Plasma work?

The main idea of the Ethereum Plasma is to establish a framework of secondary chains that will communicate and interact as sparingly as possible with the main chain (in this case, the Ethereum blockchain). Such a framework is ...

ethethereumplasma
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CoinMagic
CoinMagic
Asked: February 22, 2022In: ETH Token

What Is Ethereum Plasma?

Scalability is one of the major points of concern of the Ethereum blockchain. The current limitations faced by the network in terms of capacity and speed prevents it from being adopted on a larger ...

ethethereum
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