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How Many Finney In 1 Ethereum

Ether Denominations Gpu0

Ether Denominations Gpu0

The names and nicknames used in ether denominations highlight key figures along the path to cryptocurrency as we know it today. You can learn more about each by following the links below: Wei Dai Wei Dai was a cypherpunk who is best known for creating b-money. Charles Babbage Charles Babbage is credited with creating the first computer. His mechanical computer, or difference engine as he called it, laid the foundation for the computers we use today. Ada Lovelace Ada Lovelace worked with Babbage on the analytical engine, a proposed general computing successor to the difference engine. Claude Shannon Claude Shannon was apioneering mathematician, electrical engineer, and cryptographer who was known for his contributions to codebreaking during the second World War. Nick Szabo Nick Szabo was a cyperpunk who proposed bit gold and contributed (amongst other things) the concept of smart contracts to cryptocurrency. Hal Finney Hal Finney worked on the original bitcoin code and received the first bitcoin transaction from Satoshi Nakamoto . Continue reading >>

What Is Ether? - Ethereum And Blockchain Resources

What Is Ether? - Ethereum And Blockchain Resources

Ether is the currency that fuels the Ethereum ecosystem. In order for any function to occur on the Ethereum blockchain, including the execution of EDCCs , Dapps ,and other transactions, there needs to be gas to push it along.Ether is the gas in this circumstance. If you want to utilize an EDCC or develop a Dapp, you will need to furnish Ether usually in a small denomination per transaction. Making changes or adding new entries to the Ethereum blockchain can require numerous small expenditures (microtransactions) of Ether tokens. In addition to serving as fuel for the Ethereum blockchain, Ether can be used as a token for Ethereum-platform-based utilities, as a currency to pay for goods and services, and also as an investment. How small of a microtransaction are we talking? Well, one full token of Ether breaks down into a quintillion Wei! Wei is the smallest denomination in which you can transact Ether, just as pennies are the smallest denomination in which you can transact the US dollar. (There are just a lot more Wei per Ether than there are pennies per dollar a LOT.)Other Ether denominations are a Finney (a thousandth of an Ether), a Szabo (a millionth of an Ether), and a Shannon (aka Gwei or Nano), which is a billionth of an Ether. Users can obtain Ether by mining or purchasing. Mining Ether is a resource-heavy endeavor that currently requires high-powered computing and draws an expensive amount of electrical power. Also, because of the way the Ethereum blockchain is designed, it becomes computationally more difficult to mine Ether as time goes on. As a result, the resource demands of mining become financially prohibitive for many individuals and often require that an individual miner join others in mining pools, or use third-party services. The second and easiest wa Continue reading >>

Ethereum Pool Mining - Here You Will Find Everything You Need To Know!

Ethereum Pool Mining - Here You Will Find Everything You Need To Know!

Teamwork is essential. If a lot of miners connect to a pool, a high number of computing power is brought together. If a block is found then, each miner receives a piece of the Ether. Your share depends on the amount of computing power, you bring into the pool. Ether Mining in a pool, brings several advantages. You can also be a part of Ether Mining with little computing power and still receive some Ether or Finney (1 Ether = 1000 Finney). This would not be possible with Ether Solo Mining. Ether Pool Mining also eliminates the risk of coming away empty-handed. You do not have to download the Blockchain for Pool Mining. This way, you can save memory space and a lot of time of course. The disadvantages of Ether Pool Mining are rather small. There is a Pool fee which is 1% in most cases. Many Ether Mining Pools are not very transparent. So it is unclear, who is behind a Pool and what happens behind the scenes. We have tested several Ether Mining Pools. In the course of this, we have found that Dwarfpool is the most profitable one. However, there are also numerous other very good Ether Pools. You can find a list of the best Ether Mining Pools here: Ether Mining Statistics . In the following, we will show you what is necessary for a successful start of Ether Pool Mining with Windows in Dwarfpool. etherminer: You can find the current version here: Download ethminer (= cpp-Ethereum) Create a new folder on data carrier (C:) and name it Ethermining (if you have not done it yet for our Ether Solo Mining Instruction). Download both programmes and install Ethminer. Choose the new folder Ethermining as a memory location. After successful installation, you can find the file Ethereum in the file Ethermining. You only have to unpack the Stratum Proxy after the Download. Drag and Drop t Continue reading >>

Ethereum - Wikipedia

Ethereum - Wikipedia

This article has multiple issues. Please help improve it or discuss these issues on the talk page . This article relies too much on references to primary sources . Please improve this by adding secondary or tertiary sources . Some of this article's listed sources may not be reliable . Please help this article by looking for better, more reliable sources. Unreliable citations may be challenged or deleted. The Ethereum Project's logo, first used in 2014 Ethereum is an open-source , public, blockchain -based distributed computing platform featuring smart contract (scripting) functionality. [2] It provides a decentralized Turing-complete virtual machine , the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes. Ethereum also provides a cryptocurrency token called "ether", which can be transferred between accounts and used to compensate participant nodes for computations performed. [3] "Gas", an internal transaction pricing mechanism, is used to mitigate spam and allocate resources on the network. [2] [4] Ethereum was proposed in late 2013 by Vitalik Buterin , a cryptocurrency researcher and programmer. Development was funded by an online crowdsale between July and August 2014. [5] The system went live on 30 July 2015, with 11.9 million coins "premined" for the crowdsale. [6] This accounts for approximately 13 percent of the total circulating supply. In 2016, as a result of the collapse of The DAO project, Ethereum was forked into two separate blockchains - the new forked version became Ethereum (ETH), and the original continued as Ethereum Classic (ETC). [7] [8] [9] Ethereum was initially described in a white paper by Vitalik Buterin , [10] a programmer involved with Bitcoin Magazine , in late 2013 with a goal of buildin 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 >>

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 >>

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 >>

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 >>

Ethereum Wallets | Cryptojunction.com

Ethereum Wallets | Cryptojunction.com

A Web Wallet, Android Wallet for Windows, Mac, Android BIT.AC is a sophisticated multi-currency digital crypto wallet, formed by a group of Bitcoin enthusiasts with extensive IT security experience. The digital wallet is currently compatible with 14 different cryptocurrencies, and offers a built-in exchange to allow for seamless and instant conversion between formats. As the brainchild of a collection.. A Web Wallet for Windows Phone, Windows, Mac, Linux, iOS, Android MyEtherWallet.com is a Ethereum web wallet developed by kvhnuke and tayvano. The wallet is currently in beta mode and the use of small amounts of Ether is advised. Security Measures & Application Behavior Control Over Your Money The MyEtherWallet.com wallet gives you full control over your Ether. This means no.. A Web Wallet for Windows Phone, Windows, Mac, Linux, iOS, Android EthereumWallet.com is a Ethereum web wallet developed by kryptokit. The wallet is currently in beta mode and the use of small amounts of Ether is advised. Security Measures & Application Behavior Control Over Your Money The EthereumWallet.com wallet gives you full control over your Ether. This means no third party.. Jaxx is a multi-currency wallet developed by Decentral. With Jaxx you can safely store Bitcoin, Ethereum and Dash on your desktop or mobile device. The Jaxx wallet never access or hold onto user funds, they are controlled by you. A client-side security model, with private keys hosted locally and never.. Do You Need Some Free Ether to Test Your Wallet? We have dedicated a page to covering the topic of getting Free Ethereum simply by adding your Ethereum address to faucets and other services to receive small amounts of free Ether. A great way to try out Ethereum for the first time. Frequently Asked Ethereum Wallet Question Continue reading >>

A Gentle Introduction To Ethereum

A Gentle Introduction To Ethereum

Ethereum builds on blockchain and cryptocurrency concepts, so if you are not familiar with these, its worth reading a gentle introduction to bitcoin and a gentle introduction to blockchain technology first. This article assumes the reader has a basic familiarity with how Bitcoin works. Ethereum is software running on a network of computers that ensures that data and small computer programs called smart contracts are replicated and processed on all the computers on the network, without a central coordinator. The vision is to create an unstoppable censorship-resistant self-sustaining decentralised world computer. The officialwebsite is Itextends the blockchain concepts from Bitcoin which validates, stores, and replicates transaction data on many computers around the world (hence the term distributed ledger). Ethereum takes this one step further, and also runs computer code equivalently on many computers around the world. What Bitcoin does for distributed data storage, Ethereum does for distributed data storage plus computations. The small computer programsbeing run are called smart contracts, and the contractsare run by participants on their machines using asort ofoperating system called a Ethereum Virtual Machine. To run Ethereum, you can download (or write yourself if you have the patience) some software called an Ethereum client. Just like BitTorrent or Bitcoin, the Ethereum client will connect over the internet to other peoples computers running similar client softwareand start downloading the Ethereum blockchain from them to catch up. It will also independently validate that each block conforms to the Ethereum rules. What does the Ethereum client software do? You can use itto: Create new transactions and smart contracts Your computer becomes a node on the network, r Continue reading >>

Ether - What Is 1000 Ethereum Coins? - Ethereum Stack Exchange

Ether - What Is 1000 Ethereum Coins? - Ethereum Stack Exchange

I was given 1000 ethereum coins. I don't understand ethereum. I know there are 1 million coins in one bitcoin. Are ethereum coins divided like that? Just trying to understand what 1000 ethereum really means. Please explain so a newbie can understand. Thanks. Welcome. IMO reddit looks like more open to discussion like this than here. In SE we are expecting more tech related questions. niksmac Dec 21 '17 at 2:02 Thank you. I was told the 1000 had a value of about $200 about 3 weeks ago gayle Dec 21 '17 at 14:34 If you put your public address in Etherscan you'll be able to see exactly how much you actually have and how much it is worth. CNuts Dec 21 '17 at 14:56 How many finney do.i.need to.equal i et hereum Riaan Mar 5 at 14:38 If you have a new question, please ask it by clicking the Ask Question button. Include a link to this question if it helps provide context. - From Review Roman Frolov Mar 5 at 19:31 It must be 1000 Milliether which is equivalent to 1 ether, not 1000 ethereum, Here is how both bitcoin and ethereum are divided into small units. The smallest unit in a Bitcoin is Satoshi(named after its creator Satoshi Nakamoto). 1 satoshi = 0.00000001 BTC 10 satoshi = 0.00000010 BTC100 satoshi = 0.00000100 BTC micro-bitcoin (BTC) 1,000 satoshi = 0.00001000 BTC10,000 satoshi = 0.00010000 BTC100,000 satoshi = 0.00100000 BTC milli-bitcoin(mBTC)1,000,000 satoshi = 0.01000000 BTC centi-bitcoin(cBTC)10,000,000 satoshi = 0.10000000 BTC deci-bitcoin(dBTC)100,000,000 satoshi = 1.00000000 BTC bitcoin(1BTC) Ethereum is dividable in to Wei, Kwei/Ada/Femtoether, Mwei/Picoether/Babbage, Gwei/nano/Nanoether, Szabo/Microether/Micro, Finney/Milliether/Milli, Kether/Grand/Einstein, Mether, Gether and Tether. 1000000000000000000 Wei = 1 Ether1000000000000000 Kwei = 1 Ether1000000000000 Continue reading >>

What Is Ethereum? - Crypto Economy

What Is Ethereum? - Crypto Economy

Ethereum is the second most popular cryptocurrency in the world and one of the best markets among the altcoins. This is a somewhat populist definition, but really what is Ethereum? Ethereum is a decentralized platform through which a developer can create intelligent contracts with another pair. Anyone who knows about blockchain technology can create applications that process this type of contracts without any problem. What does this have to do with the rest of cryptocurrencies? Ethereum as a blockchain platform offer tokens, known as Ether, which is what is normally purchased in the altcoins market, however its blockchain allows the creation of other tokens under the ERC-20 standard that, together with its smart contracts service, offers a framework that many other projects can use to create their cryptocurrencies or tokens. Despite its short life, it has managed to position itself as one of the most successful blockchain projects. Talking about Ethereum as a system works in a decentralized way thanks to a machine called EVM (Ethereum Virtual Machine) which works with a bytecode that is a mixture of LISP and bitcoin script. For smart contracts, programs are written in high-level programming languages such as Serpent or Solidity. A smart contract is nothing more than that agreement that has the ability to be fulfilled automatically, it is only necessary that the parties agree to the terms. Blockchain technology is responsible for securing them so that they cannot be manipulated in the future. At the time, Ethereum was shown as an improved alternative to the Bitcoin platform, especially because of its ability to set withdrawal limits, create financial smart contracts or guard the blockchain. Ether is the cryptocurrency of the Ethereum system. This is what allows the plat 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 >>

Ethereum Accounts, Address And Contracts

Ethereum Accounts, Address And Contracts

pragma solidity ^0.4.11;//defines the contract (this is the entire program basically)contract TeaToken { //Definition section. To the non-devs, define means "tell the compiler this concept exists and if I mention it later this is what im talking about" //please note that define does not mean fill with data, that happens later on. Im merely telling the computer these variables exist so it doesnt get confused later. uint256 public pricePreSale = 1000000 wei; //this is how much each token costs uint256 public priceStage1 = 2000000 wei; uint256 public priceStage2 = 4000000 wei; uint256 tea_tokens; mapping(address => uint256) public balanceOf; //this is used to measure how much money some wallet just sent us bool public crowdsaleOpen = true; //this is a true-false statement that tells the program whether or not the crowdsale is still going. Unlike the others, this one actually does have data saved to it via the = false; string public name = "TeaToken"; //this is the name of the token, what normies will see in their Ether Wallets string public symbol = "TEAT"; uint256 public decimals = 8; uint256 durationInMinutes = 10080; // one week uint256 public totalAmountOfTeatokensCreated = 0; uint256 public totalAmountOfWeiCollected = 0; uint256 public preSaleDeadline = now + durationInMinutes * 1 minutes; //how long until the crowdsale ends uint256 public icoStage1Deadline = now + (durationInMinutes * 2) * 1 minutes; //how long until the crowdsale ends uint256 deadmanSwitchDeadline = now + (durationInMinutes * 4) * 1 minutes; //how long until the crowdsale ends event Transfer(address indexed from, address indexed to, uint256 value); event Payout(address indexed to, uint256 value); //How the cost of each token works. There are no floats in ethereum. A float is a decimal place number 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 >>

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