It is the algorithm that has been utilized for the proof of work (PoW) Ethereum and the ETH-based cryptocurrencies. It is a memory-hard proof of work algorithm that has been intended to be completely ASIC resistant in an attempt to make the mining process even more equitable.

It is a form of payment utilized in the operation of the distributed application platform, Ethereum. Although Ether and Ethereum are used interchangeably, there exist substantial differences between them. Ether is the cryptocurrency that runs on top of the Ethereum blockchain platform.

Ethereum Improvement Proposal (EIP) describes the standards for the Ethereum platform including the core protocol specifications, contract standards, and client APIs.

Ethereum Virtual Machine (EVM) is a Turing-complete virtual machine enabling the execution of code exactly as intended and is considered to be the runtime environment for each smart contract. The role of the EVM is to deploy the total number of extra functionalities to the Blockchain that ensures that the …

It is a kind of DeFi loan that is processed swiftly, acquired and repaid within a short period without the requirement of collateral. They are the innovative solution provided by the Aave platform that is enabled in a way data is recorded on the Ethereum blockchain.

 It is the acronym for Go Ethereum. It is a command-line interface permitting the developers to run the full Ethereum nodes, mine cryptocurrency as well as execute the smart contracts. It is the easiest and the most accessible method for an investor or developer to run a complete Ethereum node. …

It is the denomination that has been utilized in defining the cost of gas in the Ether transactions. Gwei or gigawei is the smallest unit of Ethereum network’s Ether (ETH) cryptocurrency. It is referred to as 1,000,000,000 wei, the smallest base unit of Ether. One gwei equals 0.000000001 or 10-9 …

The Huobi BTC (HBTC) is a standard ERC-20 token that has been pegged to BTC on a 1:1 ratio. The cryptocurrency had been launched by Huobi Global on the Ethereum blockchain on the 14th of February, 2020. It successfully maintains a value that is equivalent to Bitcoin but also possesses …

It is an independent blockchain that is running its own network with the help of its own technology and protocol. It is a live blockchain where all of its cryptocurrencies or tokens are in use as compared to the testnet or projects that are running on top of the other …

It is a unit of measurement, defining the speed at which any mining device performs and is equal to one million hashes per second. The unit is displayed as MH/s. The majority of the recent Ethereum (ETH) mining machines, especially the GPUs run utilizing the megahash range.