Questions tagged [eth]

Caterina Mon May 13 2024 | 5 answers 970

Could you please elaborate on the distinction between ETH and ERC20 addresses? As I understand, both play significant roles in the blockchain ecosystem, but I'm curious about their specific differences. For instance, how do they function differently when it comes to transactions and interactions with the blockchain? Additionally, is there a specific use case where one might be preferred over the other? I'm eager to gain a deeper understanding of these two addresses and how they fit into the broader cryptocurrency landscape.

CryptoVanguard Mon May 13 2024 | 6 answers 932

I'm a bit confused about the differences between ETH and BNB. Could you clarify if they are essentially the same thing, or do they have distinct functions and characteristics in the world of cryptocurrency? I've heard both being mentioned frequently in the context of finance and investing, but I'm not entirely sure how they differ from each other. It would be great if you could break it down for me in a way that's easy to understand. After all, I'm still new to this cryptocurrency landscape and trying to wrap my head around all the jargon and nuances.

CryptoVanguard Mon May 13 2024 | 5 answers 939

I've often heard the terms ETH and ERC20 mentioned in the same breath, but I'm still unclear on the distinction between them. Could you clarify for me? Is ETH not ERC20? If not, what are the fundamental differences between these two concepts? ETH, as I understand, is the native currency of the Ethereum blockchain, powering transactions and smart contracts. On the other hand, ERC20 seems to be a standard for tokens issued on the Ethereum network. But what does this mean in practical terms? Are ERC20 tokens a subset of ETH, or are they entirely separate entities? I'm interested in understanding the nuances of this distinction and how it affects the overall cryptocurrency ecosystem. Your explanation would be greatly appreciated.

BonsaiGrace Mon May 13 2024 | 7 answers 1425

Could you please elaborate on the price difference between stETH and ETH? I'm interested in understanding how these two cryptocurrencies differ in terms of valuation. Could you also explain what factors contribute to this price discrepancy? Additionally, how does the performance of stETH compare to ETH in the market? Is there a consistent trend in their price movements, or does it vary depending on market conditions? I'm keen on gaining insights into this matter to make informed decisions in my crypto investments. Thank you for your assistance.

SejongWisdomKeeper Mon May 13 2024 | 6 answers 1705

I'm a bit confused about a transaction I'm trying to make. Could you clarify for me if it's possible to send Ethereum (ETH) to my MetaMask wallet using the ERC-20 token standard? I've heard that ERC-20 is primarily for smart contracts and other tokens on the Ethereum network, but I'm not sure if it applies to ETH itself. Would sending ETH as an ERC-20 token be different from a regular ETH transfer? And if it is possible, could you explain the steps I should take to ensure a smooth transaction? I'd appreciate any clarification you can provide.