Questions tagged [ETH]

isabella_cole_psychologist Sun May 12 2024 | 6 answers 1204

I'm trying to wrap my head around this cryptocurrency stuff, and I've come across ERC20 tokens. I've heard that these tokens are built on the Ethereum blockchain, but I'm not entirely sure what that means. So, here's my question: do I need ETH to send ERC20 tokens? I've got some of these tokens in my wallet, but I don't have any ETH. Will I still be able to transfer them, or do I need to acquire some ETH first? I'm a bit confused about the relationship between ETH and ERC20 tokens, and I'd really appreciate it if you could clear things up for me.

IncheonBeautyBloomingRadianceGlow Sun May 12 2024 | 6 answers 1607

I've been following the cryptocurrency market closely, and SOL and ETH have caught my eye. SOL seems to be making quite a stir in the DeFi space, while ETH remains the kingpin of smart contracts and decentralized applications. But I'm torn between these two options. SOL's price is surging, but ETH has a more established reputation and a larger ecosystem. What do you think? Should I jump on the SOL bandwagon or stick with the tried-and-true ETH? I'm worried about missing out on potential gains, but I also don't want to invest in something that's too risky. Could you please give me some insight into this dilemma?

Eleonora Sun May 12 2024 | 6 answers 736

Could you please shed some light on the recent decline in the value of Ethereum? I've noticed a significant drop in its price and I'm trying to understand the reasons behind it. Is it due to market volatility? Or are there any specific events or factors that are causing this crash? I'm also curious to know if this is a temporary setback or a longer-term trend. Could you provide some insights into the current market sentiment and any potential impacts on Ethereum's future?

CosmicDream Sun May 12 2024 | 7 answers 1419

I've been hearing about ERC20 tokens a lot in the cryptocurrency world, and I've also encountered ETH quite frequently. However, I'm still a bit confused as to whether ERC20 and ETH are interchangeable or if they serve different purposes. Could you please clarify the difference between them for me? I'm aware that ETH is the native token of the Ethereum blockchain, but does that mean all ERC20 tokens are also ETH? Or are they separate entities with distinct functions within the Ethereum ecosystem? It would be great if you could explain this in a way that's easy to understand for someone who's still learning the ropes of crypto.

Bianca Sun May 12 2024 | 7 answers 1517

I'm curious about the differences between BNB and ETH, could you help me understand which one is better? I've heard a lot about both of them in the cryptocurrency world, but I'm still not quite sure which one to invest in. ETH seems to have a lot of potential with its smart contract capabilities, while BNB seems to be gaining popularity as a utility token. Could you elaborate on their respective advantages and disadvantages, and give me a clear perspective on which one is the better option for the future? Your expertise in the field would be greatly appreciated!