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Ethereum Wallets Explained Simply (Smart Contracts, Gas, Transactions)

99Bitcoins
722K subscribers
341K views 7 years ago
Start trading Ethereum here: https://bit.ly/3brrhpF Ethereum wallets allow you to hold Ether as well as to write smart contracts. Beginners will be better off using wallets that do not allow smart wallet functionality as they are much simpler to use. The best Ethereum wallets for beginners are: Ledger TREZOR MyEtherWallet (MEW) Exodus Edge If you are looking for a smart contract wallet (also known as a full node) take a look at Mist. Gas is the unit used to measure how much transaction fee you'll need to pay. It is calculated according to the complexity of your requested action and the traffic across the Ethereum network. 00:33 - Ethereum wallets in a nutshell 01:03 - Ethereum vs. Bitcoin 01:40 - Ethereum accounts 02:58 - Ethereum transactions 3:55 - Ethereum wallet types 07:11 - Ethereum units 07:52 - Gas and fees 11:52 - Ethereum fees summary 12:10 - Conclusion For the full text version including wallet reviews visit our site: http://b …...more
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Ethereum Wallets Explained Simply (Smart Contracts, Gas, Transactions)
7.6KLikes
341,982Views
2018Aug 2
Start trading Ethereum here: https://bit.ly/3brrhpF Ethereum wallets allow you to hold Ether as well as to write smart contracts. Beginners will be better off using wallets that do not allow smart wallet functionality as they are much simpler to use. The best Ethereum wallets for beginners are: Ledger TREZOR MyEtherWallet (MEW) Exodus Edge If you are looking for a smart contract wallet (also known as a full node) take a look at Mist. Gas is the unit used to measure how much transaction fee you'll need to pay. It is calculated according to the complexity of your requested action and the traffic across the Ethereum network. 00:33 - Ethereum wallets in a nutshell 01:03 - Ethereum vs. Bitcoin 01:40 - Ethereum accounts 02:58 - Ethereum transactions 3:55 - Ethereum wallet types 07:11 - Ethereum units 07:52 - Gas and fees 11:52 - Ethereum fees summary 12:10 - Conclusion For the full text version including wallet reviews visit our site: http://bit.ly/2RFOvOq Join our 7-day Bitcoin crash course absolutely free: http://bit.ly/2pB4X5B Learn ANYTHING about Bitcoin and cryptocurrencies on our channel: http://bit.ly/2BVbxeF Get the latest news and prices on your phone: iOS - https://apple.co/2yf02LJ Android - http://bit.ly/2NrMVw2 See anything we haven't covered? Leave us a comment in the comment section below

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99Bitcoins

722K subscribers