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Amir 🎩🐹
@liquid
The first smart contract blockchain, Ethereum, was monolithic by design, meaning it manages its own execution, settlement, consensus, and data availability. Over the years, new decentralized applications developed, leading to increased demand for blockspace. When the demand for blockspace is more than its supply.
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Bano🎭
@gandom
The main purpose of halving is to control the supply of Bitcoin and prevent inflation. By halving the mining reward, the amount of new bitcoins entering circulation will decrease, while demand will remain constant or increase. 107 $DEGEN
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Ruzan🎭
@ruzan
Firstly, transaction fees, known as gas fees, increase dramatically, making it costly for users to execute transactions and interact with dApps. 106 $DEGEN
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bahar0-0 🎩🔵🎭
@bahar0-0
Over the years, as new decentralized applications (dApps) developed, the demand for blockspace increased significantly. When the demand for blockspace exceeds its supply, several issues arise. 103 $DEGEN
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Hataw🎭
@hataw
Ethereum played an important role in the development of the blockchain ecosystem by introducing smart contracts. The platform has helped create and expand projects as diverse as DeFi (decentralized finance) and NFT (non-fungible tokens). 41 $DEGEN FOR U
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Angle 🧚🎩
@yalda6411
Good information about crypto 47 $DEGEN
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Nafas🎭
@nafasam
Ethereum was proposed by Vitalik Buterin, a Russian-Canadian programmer, in 2013 and its mainnet was launched on July 30, 2015. 41 $DEGEN
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Sana 🎩🔮⛓️ 🐹 🎭
@sana75
The platform provides a complete Turing Ethereum Virtual Machine and executes scripts using an international network of public nodes.Ethereum also provides an underlying cryptocurrency token called Ether, which is transferable between accounts and can be paid to participating nodes for computations performed 53 $DEGEN
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marzihe_omidfar🎩🌈🍖
@marziheomidfar
At first glance, I thought it was a new type of watch 127 $DEGEN
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anis
@og2024
110 $DEGEN
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Arsenal🎩🌈🔵🔮
@arsenal
151 $DEGEN
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Harman🎭
@herman95
The main goal of Ethereum was to create a decentralized platform that enables the execution of smart contracts in addition to financial transactions.89 $DEGEN for you
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Hari ⛓🎭
@asrin
Ethereum is the first blockchain to widely implement and introduce smart contracts 99 $DEGEN for you
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Dr.Crypto 🔄 🎩 🍄 🐹
@mohammaadairdrop
Ethereum's like the OG of smart contracts, man! 💥 It's been holding it down since day one, handling everything from execution to consensus like a boss. But yo, with all these dope decentralized apps popping up, it's no wonder the demand for blockspace's skyrocketing! It's like the hottest ticket in town! 🔥🚀
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