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https://warpcast.com/~/channel/degentokenbase
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Melon.web3 ๐ŸŸฅ๐ŸŽฉ๐ŸฆŠ pfp
Melon.web3 ๐ŸŸฅ๐ŸŽฉ๐ŸฆŠ
@melonweb3
๐ŸŸฅMELONGAME๐ŸŸฅ ๐ŸŸชQ&A, learning with MELON ๐ŸŸฉAnswer questions in the same comment plis ๐ŸŽฉ ๐ŸŸงLets play, hit PLAY on the Frame ๐ŸŽฉ๐ŸŽฉ๐ŸŽฉ Each correct answer gets DEGEN I OVERTURN IN 4 HOURS, WITH ME RIFLE๐ŸŸฅ https://melon-games.vercel.app/qa?img=9
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Chaufi
@jauhsey
5.True. A node in the Ethereum network is a program that runs the Ethereum client, participating in the verification, propagation, and transmission of transactions and blocks across the network.
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Chaufi
@jauhsey
1.ERC-20 tokens are a standard for fungible tokens on the Ethereum blockchain. They enable developers to create tokens that can be exchanged, transferred, and interacted with using smart contracts. The purpose of ERC-20 tokens is to provide a common set of rules for Ethereum-based tokens, ensuring compatibility and interoperability within the Ethereum ecosystem.
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Hasni Malik ๐ŸŽญ๐ŸŽฉ๐Ÿ’ฐ๐Ÿฅณ pfp
Hasni Malik ๐ŸŽญ๐ŸŽฉ๐Ÿ’ฐ๐Ÿฅณ
@marie-curie
4.main function is to pay for the computational power. 5. True (2)
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Patrick Starโญ๐ŸŽฉ
@rendyns
1. ERC20 token is a standard for creating and issuing smart contracts on the Ethereum blockchain. 2. Compound, Silo Finance, Notional 3. A smart contract is a self-executing program that automates the actions required in a blockchain transaction. Once completed, the transactions are trackable and irreversible.
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Mohammed ๐Ÿ”ต ๐ŸŽฉ
@bigmoh
4.) Gas fees in Ethereum pay miners for processing transactions and prevent network abuse.
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Mohammed ๐Ÿ”ต ๐ŸŽฉ
@bigmoh
3.) A smart contract is a self-executing program on a blockchain that automatically enforces the terms of an agreement.
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Umer.degen๐ŸŽฉ
@umerkhan
2.Financial services. DApps facilitate crypto and other P2P financial transactions, enabling secure, efficient cross-border payments and decentralized lending. Gaming. ... Social networks. ... Supply chain management. ... Music. ... Identity verification. ... Healthcare.
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Martin๐ŸŽฉ๐Ÿ“๐Ÿ–๐Ÿ”ต๐ŸŸข pfp
Martin๐ŸŽฉ๐Ÿ“๐Ÿ–๐Ÿ”ต๐ŸŸข
@martin-ben
I hope these answers are valid! 1. ERC-20 tokens are a standard for creating fungible tokens on Ethereum, enabling developers to build decentralized applications with tradable tokens. 2. Three examples of decentralized applications (dApps) on Ethereum are: - DAOs (decentralized autonomous organizations) - CryptoKitties (a blockchain-based game) - Compound (a decentralized lending platform)
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Panji ๐ŸŸก โŒโ—จ-โ—จ
@pramadan.eth
1. Defines rules for Ethereum-based token creation & interaction 2. Uniswap, Aave, CryptoKitties 3. It's a self-executing contract with the terms of the agreement directly written into code.
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Sincan โŒโ—จ-โ—จใƒ„๐ŸŽฉ๐Ÿป pfp
Sincan โŒโ—จ-โ—จใƒ„๐ŸŽฉ๐Ÿป
@sincancuan.eth
1. ERC-20 tokens are built on the Ethereum network and they are used for a variety of purposes like as a medium of exchange, a unit of account, or a store of value. 2. CryptoKitties, UniswapV2, UniswapV3 3. A smart contract is a self-executing contract with the terms of the agreement directly written into code.
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Abubakar๐ŸŽฉ
@bigbenz
3.) A smart contract is a computer program or transaction protocol designed to automatically execute, manage, or record events and actions based on the terms of a contract or agreement. I definitely learnt something here
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BossMAN
@boss-man
4. The main function of gas fees in Ethereum is to compensate miners for the computational work required to process transactions and execute smart contracts on the network.
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Mohammed ๐Ÿ”ต ๐ŸŽฉ
@bigmoh
2. Uniswap, 1inch , Aave
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Mohammed ๐Ÿ”ต ๐ŸŽฉ pfp
Mohammed ๐Ÿ”ต ๐ŸŽฉ
@bigmoh
1.) ERC-20 tokens are a standard for interchangeable tokens on the Ethereum blockchain, ensuring they can be easily exchanged and used in Ethereum applications.
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Martin๐ŸŽฉ๐Ÿ“๐Ÿ–๐Ÿ”ต๐ŸŸข pfp
Martin๐ŸŽฉ๐Ÿ“๐Ÿ–๐Ÿ”ต๐ŸŸข
@martin-ben
3. A smart contract is a program that automates the execution of a specific agreement or rule, ensuring transparency and tamper-proof execution. 4. Gas fees in Ethereum incentivize miners to validate transactions and smart contracts, ensuring the network's security and decentralization. 5. TRUE. Nodes on the Ethereum network validate transactions, execute smart contracts, and store a copy of the blockchain, ensuring decentralization and consensus.
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Panji ๐ŸŸก โŒโ—จ-โ—จ pfp
Panji ๐ŸŸก โŒโ—จ-โ—จ
@pramadan.eth
4. In Ethereum, it used tp pay for transaction processing and network security. 5. True
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samvox
@samvox
fantastic๐Ÿฅฐ
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@themuyideen.eth
1. ERC-20 tokens are a standard for fungible tokens on the Ethereum network ensuring interoperability and compatibility. They're widely used for ICOs, utility tokens, and DeFi applications, providing a common set of rules and functionalities
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Syubidab ๐ŸŽฉ๐Ÿ’›โŒโ—จ-โ—จ ใƒ„
@syubidab.eth
5. true
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