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1 Ethereum To Finney

Ether Ethereum Homestead 0.1 Documentation

Ether Ethereum Homestead 0.1 Documentation

The Ethereum Wallet supports sending ether via a graphical interface. Ether can also be transferred using the geth console. > var sender = eth.accounts[0];> var receiver = eth.accounts[1];> var amount = web3.toWei(0.01, "ether")> eth.sendTransaction({from:sender, to:receiver, value: amount}) For more information of ether transfer transactions, see Account Types, Gas, and Transactions . Ethereum is unique in the realm of cryptocurrencies in that ether has utility value as a cryptofuel, commonly referred to as gas. Beyond transaction fees, gas is a central part of every network request and requires the sender to pay for the computing resources consumed. The gas cost is dynamically calculated, based on the volume and complexity of the request and multiplied by the current gas price. Its value as a cryptofuel has the effect of increasing the stability and long-term demand for ether and Ethereum as a whole. For more information, see Account Types, Gas, and Transactions . Gas is supposed to be the constant cost of network resources/utilisation. You want the real cost of sending a transaction to always be the same, so you cant really expect Gas to be issued, currencies in general are volatile. So instead, we issue ether whose value is supposed to vary, but also implement a Gas Price in terms of Ether. If the price of ether goes up, the Gas Price in terms of ether should go down to keep the real cost of Gas the same. Gas has multiple associated terms with it: Gas Prices, Gas Cost, Gas Limit, and Gas Fees. The principle behind Gas is to have a stable value for how much a transaction or computation costs on the Ethereum network. Gas Cost is a static value for how much a computation costs in terms of Gas, and the intent is that the real value of the Gas never changes, so this cos Continue reading >>

0.090778xbt = 1058.145000usd = 1eth | Ethereum - Ether Price (eth) - Live

0.090778xbt = 1058.145000usd = 1eth | Ethereum - Ether Price (eth) - Live

These prices are simple averages of leading ETH/XBT and ETH/USD exchange prices, not volume-weighted averages, because the Ether market currently lacks sufficient depth and regional liquidity. What Bitcoin does for payments, Ethereum does for anything that can be programmed. Ethereum's vision is to decentralize the internet by creating a platform where applications can be built and run on a decentralized network with smart contracts. The blockchain, a type of decentralized network, is able to make agreements across the whole network, without any central authority. Bitcoin uses already blockchain technology to record and verify transactions without the need for a central bank. Services that are traditionally centralized can be decentralized using Ethereum. This will lead to reduced costs and fees by connecting individuals directly and removing 3rd parties: services like Uber or eBay without a company in the middle collecting fees. Ether is the native token of Ethereum, and serves 2 key purposes: First, by requiring applications to pay Ether for every operation they perform, broken or malicious programs are kept from running out of control. Second, Ether is given as a reward to those who contribute their resources to the decentralized network. Ether is the fuel for the EVM (Ethereum Virtual Machine), that's why it's called a token. Ether is more comparable to oil, valued for its utility in being used as a fuel, as well as the cost of usage. Strictly speaking, it should not be called a currency or coin. But since Ether is traded on cryptocurrency exchanges, the distinction is no longer relevant. The success of the Ethereum network is such that its token will quickly become very popular. In no time, ETH (Ether symbol) became the most traded cryptocurrency after Bitcoin. We Continue reading >>

Gwei To Ether Conversion Ethereum Units Explained

Gwei To Ether Conversion Ethereum Units Explained

Gwei to Ether Conversion Ethereum Units Explained Constantly having to covert Gwei to Ether for transaction/gas fees can be frustrating. The irony is that gwei and all other ether units were created to rid user frustration and promote adoption. The intent was definitely well thought out - you can trust Vitalik & team with logical ideation. But perhaps we require a bit more insight on Ethereums units and its intent. It may just alleviate our frustration for all future transactions. Lets just say Ethereums core team took a history lesson from bitcoin before they brought forth all the Ether Unit monsters. What is Gwei? And All Other Ether Units In order to grasp the concept of gwei, lets begin with something were all familiar with: (or if youre anything like me - the money in the deepest corner of your jeans pocket) The money in our wallets, regardless of currency, likely also comes in denominations. But for the purpose of this explainer, lets focus on the US Dollar. 1 US Dollar has four denominations: Cents (1 cent), Nickles (5 cents), Dimes (10 cents), and Quarters (25 cents). Like the US Dollar, Ether too has denominations. Remember, "Ether"is the currency used within the Ethereum Blockchain. Not Eth, Not Ethereum. .... "Ether" Ether has three primary denominations, namely (lowest to highest): In essence, Gwei is simply a denomination of Ether - So when converting Gwei to Ether for gas, remember that Gwei is Ether - Just a fraction of it.Similar to a regular economy, there are many microtransactions taking place on the Ethereum Blockchain that require payments in fractions. Just like how a vendor wouldnt ask you to pay 1/10th of a dollar for a plastic bag (lets be realistic - thats all youll get), the ethereum blockchain wouldnt ask you pay "0.0000021 ether" for transa Continue reading >>

What Is Gas In Ethereum? Ethereum Transaction Fees

What Is Gas In Ethereum? Ethereum Transaction Fees

What is Gas in Ethereum? Ethereum Transaction Fees Transaction Failed Out of Gas. What does it mean? What to do? these and other similar questions are frequently asked by Ethereum users. Gas, Gwei, contracts indeed, its all overcomplicated. Lets get into it! 1 ETH = 1000000000000000000 wei = 1000000000 gwei (shannon) = 1000000 szabo = 1000 finney Ethereum founders named Ether denominations after prominent figures in the history of cryptocurrencies. Hal Finney the first Bitcoin user after Satoshi Nakamoto Nick Szabo developed the concept of smart contracts Wei Dai created the concept of b-money that may be considered Bitcoins predecessor If you want to learn more about the origins of the names, check out this article . As a rule, new Ethereum users get confused when they come across the gas concept for the first time. In fact, it is much more simple in Bitcoin one should just set the transaction fee and wait for the transaction to come through. If the transaction fee is low, then your waiting time is longer, if its higher your waiting time lessons. Bitcoin is a cryptocurrency intended for the transfer of monetary values between users directly. The main difference between Ethereum and Bitcoin is that Ethereum provides a decentralized Virtual Machine (EVM). It allows you to execute any program/smart contract (mainly written in Solidity ) if there is enough time and memory (more details here ). Unlike Bitcoin, Ethereum was not created as a cryptocurrency for transactions, but as a platform that can execute applications (with payments in the form of Ethers ETH). The official Ethereum wallet usually overloads the computer operating system. It happens because of the EVM that operates on your PC and because it executes various programs. What Can You Do in Ethereum? Introducing Continue reading >>

The Ether Units Of Ethereum Of Languages And Numbers

The Ether Units Of Ethereum Of Languages And Numbers

If both euro and dollar have their cents, and the British pound its pence, the ether, the cryptographic currency of Ethereum, has many subdivisions, from the milliether or finney to the wei, 18 decimals after the decimal point. What are they? Where do their name come from? To keep it simple, we can say that Ethereum is a decentralized computer on which decentralized applications can run, the DApps. These programs, or smart contracts, are designed to run automatically when certain conditions are reached, whether internal to the blockchain (like an information about a transaction) or external (variable not registred in the blockchain, accessed through an oracle which forms a bridge between the blockchain and the rest of the world). Since they are written in the Ethereum blockchain, these applications are immutable (censorship, fraud or interference are impossible) and transparent (the code being public, everyone can read it and check it does what it is supposed to do). The most known types of applications are the ICOs (for Initial Coin Offering) that permit to raise funds for projects and to manage cryptographic currencies, and the DAOs (for Decentralized Autonomous Organization) that manage automatically the whole set of operating rules of an organization (membership, hierarchy, distribution). To make this distributed infrastructure work, some nodes of the network, which are called miners, validate the transactions and register them in the blockchain. These miners are rewarded in tokens denominated in ethers, the cryptocurrency of Ethereum. Other nodes are responsible for running the smart contracts in the Ethereum Virtual Machine (EVM), an isolated runtime environment. Once compiled, these programs are added to the chain of blocks via a transaction. This way, both mone Continue reading >>

Myetherwallet.com

Myetherwallet.com

Be safe & secure: We highly recommend that you read our guide on How to Prevent Loss & Theft for some recommendations on how to be proactive about your security. Always backup your keys: MyEtherWallet.com & MyEtherWallet CX are not "web wallets". You do not create an account or give us your funds to hold onto. No data leaves your computer / your browser. We make it easy for you to create, save, and access your information and interact with the blockchain. We are not responsible for any loss: Ethereum, MyEtherWallet.com & MyEtherWallet CX, and some of the underlying Javascript libraries we use are under active development. While we have thoroughly tested & tens of thousands of wallets have been successfully created by people all over the globe, there is always the possibility something unexpected happens that causes your funds to be lost. Please do not invest more than you are willing to lose, and please be careful. Translations of MyEtherWallet: The community has done an amazing job translating MyEtherWallet into a variety of languages. However, MyEtherWallet can only verify the validity and accuracy of the information provided in English and, because of this, the English version of our website is the official text. MIT License Copyright 2015-2017 MyEtherWallet LLC Permission is hereby granted, free of charge, to any person obtaining a copy of this software and associated documentation files (the "Software"), to deal in the Software without restriction, including without limitation the rights to use, copy, modify, merge, publish, distribute, sublicense, and/or sell copies of the Software, and to permit persons to whom the Software is furnished to do so, subject to the following conditions: The above copyright notice and this permission notice shall be included in all c Continue reading >>

Finney. How To Withdraw?

Finney. How To Withdraw?

I am a total dummy in this field. But I want to start and understand as much as possible I used one mobile app and collected some finneys. I want to withdraw them. Can I use my ETH wallet or must I open special wallet which supports finney? If a special wallet must be used, so which one? To tell the truth, the app let you to withdraw only when you collect 1000 finneys. I collected 1000 finneys and tried to withdraw them to my CEX.IO ETH deposit. But I haven't get my 1 ETH to deposit. So, I thought that I must have special wallet for finneys. And decided to post a question here. Or maybe I must wait more. It has passed two days after my attempt to withdraw. I don't really understand the question, to be honest. You have saved 1 Ethereum, and sent it to your CEX Eth deposit address, and it has not arrived, is that correct? Do you have the transaction ID? Are you able to share what app you were using? There's not enough information to help you. Quote from: Anzelmas on February 03, 2018, 11:50:03 PM To tell the truth, the app let you to withdraw only when you collect 1000 finneys. I collected 1000 finneys and tried to withdraw them to my CEX.IO ETH deposit. But I haven't get my 1 ETH to deposit. So, I thought that I must have special wallet for finneys. And decided to post a question here. Or maybe I must wait more. It has passed two days after my attempt to withdraw. I haven't heard of this finney's and it's somewhat fishy that you can obtain 1 eth by just collecting? How long did it take for you to collect 1000 finney's anyway? So before anything else, Can you post a link of this app here? just to prove it's legitimacy. I think Finney is ethereum unit to pay for gas limit in short its a same unit as gwei.. Or you are talking about how to send your ethereum you just need t Continue reading >>

Units And Globally Available Variables

Units And Globally Available Variables

msg.gas (uint): remaining gas - deprecated in version 0.4.21 and to be replaced by gasleft() msg.sender (address): sender of the message (current call) msg.sig (bytes4): first four bytes of the calldata (i.e. function identifier) msg.value (uint): number of wei sent with the message now (uint): current block timestamp (alias for block.timestamp) tx.gasprice (uint): gas price of the transaction tx.origin (address): sender of the transaction (full call chain) The values of all members of msg, including msg.sender andmsg.value can change for every external function call.This includes calls to library functions. Do not rely on block.timestamp, now and block.blockhash as a source of randomness,unless you know what you are doing. Both the timestamp and the block hash can be influenced by miners to some degree.Bad actors in the mining community can for example run a casino payout function on a chosen hashand just retry a different hash if they did not receive any money. The current block timestamp must be strictly larger than the timestamp of the last block,but the only guarantee is that it will be somewhere between the timestamps of twoconsecutive blocks in the canonical chain. The block hashes are not available for all blocks for scalability reasons.You can only access the hashes of the most recent 256 blocks, all othervalues will be zero. compute RIPEMD-160 hash of the (tightly packed) arguments ecrecover(bytes32 hash, uint8 v, bytes32 r, bytes32 s) returns (address): recover the address associated with the public key from elliptic curve signature or return zero on error( example usage ) In the above, tightly packed means that the arguments are concatenated without padding.This means that the following are all identical: keccak256("ab", "c")keccak256("abc")keccak256(0x6162 Continue reading >>

Ethereum To Dollar - Eth/usd Invert

Ethereum To Dollar - Eth/usd Invert

Note: fx-rate.net and Enclick Ltd are not authorised to give advice under the Financial Services and Markets Act 2000. The prices displayed above are our best guidance on the likely exchange rates, and for indicative purposes only. Exchange rates constantly change throughout the day and can change at the time of closing a trade. We keep the prices updated by checking the exchange rate margins and fees for each provider, and then apply them to the currency interbank rate; our best projection of their price to customers. Our Terms & Conditions Apply fx-rate.co - You are free to copy and distribute the table under Creative Commons Licence CC-BY 3.0 - please refer to fx-rate.co and link back to the table Continue reading >>

Ethereum Unit Converter

Ethereum Unit Converter

Optional, only if you want us to follow up with you. By submitting your email, you agree to the finder.com Privacy Policy Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve. finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, we may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service. Continue reading >>

What Is The Smallest Unit Of Ether?

What Is The Smallest Unit Of Ether?

I have heard the smallest amount of Bitcoin is called a Satoshi or 0.00000001 BTC. Is there a smallest amount of Ether? What is it called? I have heard the smallest amount of Bitcoin is called a Satoshi or 0.00000001 BTC. Is there a smallest amount of Ether? What is it called? Ethereum (Ether, ETH) divided into its smallest unit in this way. Ethereum is dividable in to Wei, Kwei, Mwei, Gwei, Szabo, Finney, Kether, Mether, Gether and Tether. Ethereum (Ether, ETH) divided into its smallest unit in this way. Ethereum is dividable in to Wei, Kwei, Mwei, Gwei, Szabo, Finney, Kether, Mether, Gether and Tether. The smallest unit of ETH is called Wei, and is 1x10-18 ETH, i.e. The smallest unit of ETH is called Wei, and is 1x10-18 ETH, i.e. In Ethereum, the smallest unit of ETH is called Wei, and is 1x10-18 ETH. In Ethereum, the smallest unit of ETH is called Wei, and is 1x10-18 ETH. Ethereum has 11 know units which the smallest one is the Wei, for instance, 1 Ether is equal to 1000000000000000000 Wei. There others units like GWei which is 1000000000 of 1 Ether. The most used units are Wei, Gwei, and Ether. You can test on Continue reading >>

Wei, Szabo, Finney And Ether... We Chose A Bad Naming Scheme! - Ethereum

Wei, Szabo, Finney And Ether... We Chose A Bad Naming Scheme! - Ethereum

Wei, Szabo, Finney and Ether... we chose a bad naming scheme! I am not saying that the names are bad choices; I'm all for honouring Hal Finney et al, I am just saying that whenever I have to explain to someone how an ether is a thousand finney or 1 million szabo which in turn is a million million wei, I feel uncomfortable and a little embarrassed at the extreme geekyness of it. Not to mention the fact that half the time I have to look it up myself. How many Gigawei per kiloether anyone? The problem is that it is non-intuitive at all. We know that numerical representation causes problems for a lot of people. Can we all really tell quickly how 0.00134 ether compares to 0.000987 ether compares to 15.7 finney? Numbers matter and representation / presentation matter. I would be far happier if I could say represent one of these units as a gold coin and say that 1000 silver coins make one gold coin while 1000 coppers make a silver coin. Going up 1000 gold coins make a gold bar and 1000 gold bars make a diamond while going down a copper is worth 1000 pebbles which are just a thousand grains of sand each. I can remember this quicker and easier and I can visualise it quicker and easier. I can present mixed amounts of szabo, finney ether and wei as little piles of pebbles and coins and I will see (and get a feeling for) how much it is. Continue reading >>

The Ether Denominations Are Called Finney, Szabo, And Wei. What/who Are These Named After?

The Ether Denominations Are Called Finney, Szabo, And Wei. What/who Are These Named After?

The Ether denominations are called Finney, Szabo, and Wei. What/who are these named after? To expand, who are Finney, Szabo, and Wei, and what did they do/contribute to the project that warranted being awarded denominations? Hal Finney was a cypherpunk activist of note, and the first Bitcoin user after Satoshi Nakamoto. He described his history with Bitcoin in this forum post . From that post: When Satoshi announced the first release of the software, I grabbed it right away. I think I was the first person besides Satoshi to run bitcoin. I mined block 70-something, and I was the recipient of the first bitcoin transaction, when Satoshi sent ten coins to me as a test. I carried on an email conversation with Satoshi over the next few days, mostly me reporting bugs and him fixing them. Nick Szabo is a researcher who came up with bit gold and who developed the idea of smart contracts . Wei Dai is a cypherpunk who came up with b-money , a concept which was referenced in section 2 of the Bitcoin paper . I would say as a matter of style, stick to using wei, shannon, finney and ether. Ether = main unit. Finney = for micropayments. Shannon = for gas prices. Wei = for discussion around APIs and other use cases where you need to talk about the underlying unit. The names aren't all meant to be used at the same time; the goal of specifying suggestions for all of them was to have some schelling point on what to use for smaller denominations so that people could easily talk about varying quantities of ether regardless of whether the ETH price was $0.01, $10 or $100,000. In Bitcoin, the community is finding it hard to agree on a smaller denomination (though I suspect that the choice of 10^8 as the base denomination instead of something 10^3n also wasn't helpful), and so we see people ta Continue reading >>

Ethereum Vs Bitcoin Infocoin

Ethereum Vs Bitcoin Infocoin

Its approaching an apparent battle between a new currency that promises to have so much strength (or even more, according to some of his followers) as the Bitcoin, which other crypto-currencies have not been able to match. But, on what is based this new technology that offers more than Bitcoin has to? What makes the Ethereum project so special that many miners and computer programmers direct their tools, towards this other crypto-currency? As well, according to Wikipedia The main purpose of the Ethereum project its decentralize the web The basic unit used as internal currency is the ether, which is divided into smaller units called finney, szabo, shannon, babbage, lovelace and wei. Each unit is equal to a thousand times the next lower unit, therefore 1000 finney is 1 ether, 1000 szabo is 1 finney But perhaps the most prominent is the smart contract implementation and its chain of blocks (blockchain) to register and validate decentralized operations. In recent days the Ether currency has been the protagonist of many news because of the boost that has had on the exchange markets, coming to a rise of up to 100% so far this year. The cryptocurrency has managed to move up to the 2nd place, positioning itself above Litecoin, with a price of 10.54 (for the time of development of this article) according with the cryptocompare portal. Meanwhile, on the contrary, the bitcoin has supposed a significant low in recent days, making its price set for today at $ 411 (03/09/2016) in relation to the higher price that has taken in so far this year in January of this year when it get to be in 445$. What has generated a debate on the possible positioning of the ETH on the Bitcoin as main crypto-currency. As for some these facts are not to be alarmed, according to newsBtc, there is so much Continue reading >>

What The F Is A Finney? Thomas Jay Rush Medium

What The F Is A Finney? Thomas Jay Rush Medium

Blockchain Enthusiast, Founder QuickBlocks.io and Philadelphia Ethereum Meetup, MS Computer Science UPenn When I was nine, my Dad took me to a Phillies baseball game for my birthday. I dont remember the game, but I do remember that he yelled at me for not being careful with my money. We were in the hot-dog line, and he asked me if I still had the money he gave me earlier, so I pulled four crumpled one-dollar bills out of my pocket. Two of the bills fell to the ground. Someone walking past accidentally kicked them, and I had to scramble to get them back. You dont know how to take care of money, he yelled. It was an overreaction I agree. Its the only thing I remember from that day. To make a blatant understatement money is important. As early as 15,000 years ago, people used Anatolian obsidian as money. Since then, people have used copper, silver, gold, grains of wheat, and even sheep and cattle as money. Early laws such as The Code of Hammurabi laid down rules for money such as the amount of interest one might charge, fines for wrongdoing, and even levels of compensation for various jobs. One culture even tried to use cow manure as money. An early (and unsuccessful) form ofmoney Certain materials obviously serve better as currency than others. One important attribute of ancient currencies was scarcity. Anatolian obsidian is harder to get your hands on than grains of wheat. Yes, you can pick them both up off of the ground (Dad!), but to get Anatolioan obsidian, you have to go to Anatolia. In other words, its an indistinguishably valuable division of an ether. A finney is one one-thousandths of an ether. There are four formal names for the sub-divisions of ether: the wei, the szabo, the finney, and, of course, the ether. A wei is the most basic unit in the ethereum world. Continue reading >>

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