1 used as a means to reward validators who propose blocks, or call out dishonest behaviour by other validators. 2. staked by validators, acting as collateral agains dishonest behaviour. 3. it is used to weigh 'votes' for newly proposed blcoks. (fork-choice)
- Last 7 days
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ethereum.org ethereum.org
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Ether (ETH)
It is the native cryptocurrency of Ethereum.
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ensures that once txns are verifed as valid and added to the blockchain, they can't be tampered with later.
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a blockchain with a computer embedded in it. then as a world compputer, it allows the foundton for building apps and organization. they have to be in a decentralized, permissionless, and censorship-resistant way.
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The computers that share the blocks, and the chain, and are connected to each other in a network is called a node.
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these groups,( containg the data and state), are connected to previious and future groups(blocks), leading to a long chian of blocks, thes blocks are related in such a way that any change in a block, will affect the state/data in other blocks.
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data and state, being stoed in groups.
transactions, need to be added to a blcok to be successfull.
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Public Database, modified (udated, chanded), this change is shared across many computers in a network.
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masteringethereum.xyz masteringethereum.xyz
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ERC-4337
First ERC for the implementation of AA. Introduced, UserOperations to handle txns differentlt. transactions, are first kept in a high-level mempopl, tehn packaged as a sinlge classic transaction, this process is known as bundling, anthe bundler, takes the txns, and proposes a bloc.
it also brought about the concept of paymaster, which allows other bodies to pay for users's gas, and also made room for payment, that are not with native tokens, like paying for gas with solana
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The most common derivation method uses a treelike structure, as described in "Hierarchical Deterministic Wallets (BIP-32/BIP-44)".
The Standard used to generate keys to mneonic phase.
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they are two major types of wallets based on whetehr the keys they contatain are related to one another or not.
NONDETERMINISTIC WALLET AND THE DETERMINISTIC WALLET
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The part of balancing Convenience and Privacy.
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Wallet only contols, acccess to a user's money, manages, keys and address, tracks the balcnce, and creates and sins transactions. Some ethereum wallets can interact with contracts,such as ERC_20 tokens.
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ethereum.org ethereum.org
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web3 stack
this s the full shit
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