Articles

Welcome to Bit2Me Academy!
Here you will find a lot of articles with which you will learn the main concepts of the crypto world.

What is De.Fi?
Basic

What is De.Fi?

Meet De.Fi, an interesting DeFi platform that will help you get the most out of your cryptocurrency portfolio.

Bit2Me José Maldonado 16 April 2024
What are Layers in blockchain?
Basic

What are Layers in blockchain?

Learn what Layers are in Blocckhain and their usefulness to develop the blockchain ecosystem.

Bit2Me José Maldonado 11 April 2024
What are Real World Assets or RWA?
Basic

What are Real World Assets or RWA?

Learn about Real World Assets (RWA) and how they manage to merge real and digital assets coexist using tokenization.

Bit2Me José Maldonado 4 April 2024
What is an altseason?
Basic

What is an altseason?

Learn about what an altseason is, how they occur and how you can detect them to get the most out of them.

Bit2Me José Maldonado 28 March, 2024
What is Internet Computer Protocol (ICP)?
Basic

What is Internet Computer Protocol (ICP)?

Internet Computer Protocol (ICP) is an innovative blockchain technology project that seeks to evolve the traditional Internet, driving the development of high-performance applications using blockchain.

Bit2Me José Maldonado 26 March, 2024
File the Income Tax Return with cryptocurrencies and Bit2Me Tax
Basic

File the Income Tax Return with cryptocurrencies and Bit2Me Tax

Bit2Me John Fornell 25 March, 2024
What is Dencun, the new Ethereum update?
Basic

What is Dencun, the new Ethereum update?

Meet Dencun, the next hard fork that will come to Ethereum and that promises great advances in order to take Ethereum to the cusp of scalability.

Bit2Me José Maldonado 12 March, 2024
What is Reental (RNT)?
Basic

What is Reental (RNT)?

Reental is a powerful real asset tokenization platform (RWA) focused on the real estate sector, which seeks to enhance this sector using blockchain technology and which you can access through its RNT token.

Bit2Me John Fornell 11 March, 2024
What is eSync Network?
Basic

What is eSync Network?

Bit2Me John Fornell 6 March, 2024
What is Casper and its cspr token?
Basic

What is Casper and its cspr token?

Bit2Me John Fornell 26 February, 2024
Difference between crowdfunding and asset tokenization
Basic

Difference between crowdfunding and asset tokenization

Learn about the differences that exist between crowdfunding and the tokenization of assets on blockchain.

Bit2Me gabriel ayala 23 February, 2024
What is Starknet?
Basic

What is Starknet?

Meet StarkNet, an Ethereum Layer2 project that seeks to offer privacy, scalability, and low prices using ZKP cryptography.

Bit2Me José Maldonado 19 February, 2024

We want to help you

FAQs

Top Resolved Questions About the Ethereum and ETH Ecosystem

Ethereum is a decentralized blockchain with the ability to manage smart contracts. It was created in 2015 by the programmer Vitalik Buterin and its main objective is to allow the creation and execution of decentralized applications, which makes it much more than just a cryptocurrency. Your doubts expanded in this article, if you want to learn more we recommend the free ethereum 101 course.

Ethereum [ETH] It is backed by blockchain technology, a decentralized database that records all network transactions. The security of the network is guaranteed through the use of cryptography and a consensus system that guarantees that the information stored in the blockchain is immutable.

The main network of Ethereum is the Ethereum Mainnet, which is the network on which most transactions take place and smart contracts are executed.

Ethereum offers the possibility to create decentralized applications through the use of smart contracts. It also allows the creation of custom tokens, thanks to the introduction of a token standard that allows projects to create tokens very easily. Ethereum also allows the execution of secure and fast transactions around the world. You can trade Ethereum from our portal and see the price in real time as well as evolutionary graphs.

You can get ethereum through exchanges, as a reward for validating transactions or receiving payments in this cryptocurrency. At Bit2Me, we offer the possibility to buy Ethereum with euros, as well as to sell and convert this cryptocurrency.

Anyone with a digital wallet with Ether (Ethereum's native token) can trade with it, either directly (peer-to-peer P2P transactions) or using exchanges (decentralized or decentralized), as well as receive payments in Ether for service or product loans. In addition to operate as a business or business.

For buy or sell ethereum, you need to access an exchange or trading platform. At Bit2Me, we offer a cryptocurrency buying and selling platform that allows you to buy, sell, and convert ethereum easily and securely.

To do one ether transfer, you need to have a digital wallet with your own Ethereum address and the recipient's wallet address. Then simply enter the amount you want to transfer and confirm the transaction. It is important to ensure that the recipient address is correct to avoid errors.

No, once an Ethereum transaction is sent, it cannot be canceled or reversed. Ethereum transactions are immutableand they are recorded in the Ethereum blockchain forever. However, it is possible to send a new transaction that cancels or modifies the effects of the original transaction.

La ethereum security in a transaction is secured through the use of public and private key cryptography. Each Ethereum wallet address has a private key that only the wallet owner knows and a public key that can be shared publicly. Transactions are digitally signed with the sender's private key and can only be verified by the recipient's public key. In addition, the Ethereum network uses proof-of-work or proof-of-stake consensus to validate transactions and ensure the integrity of the blockchain.

Vitalik Buterin, founder of Ethereum, has presented a new roadmapwith the aim of re-decentralizing the network and increasing trust in it. The arrival of The Merge on Ethereum brought with it a series of centralization and censorship problems that Buterin seeks to remedy with this new plan. The roadmap consists of four phases: The Surge, The Scourge, The Verge, and The Purge, and focuses on scalability, decentralization, and simplification of the network. The last phase, The Splurge, will focus on fixing the other issues on the network. The intention is to avoid the loss of the network and all that it means by the decision of a third party.

The simplest option is buy on an exchange or broker. There are infinite platforms to acquire this cryptocurrency, but at Bit2Me, we have an easy-to-use and secure platform to acquire this cryptocurrency. To start the purchase process on this last platform, you just have to go to the Bit2Me website, choose the ETH card and click on “Buy”. Afterwards, a box will appear in which you can indicate the amount of euros you want to buy in its equivalent in cryptocurrency. This will take you through a registration process that will take you a minute to complete, along with a KYC or identity verification procedure. Once these two procedures are finished, you will be able to complete your purchase and you will finally have the money in your Bit2Me Wallet, as well as a Bit2Me account that allows you access to all its services.

By ethereum nodemeans any computer running the software necessary to connect to the Ethereum network. Nodes connect to each other to send information back and forth, validate transactions, and store data about the state of the blockchain.

La Ethereum Foundation is a non-profit organization that aims to support the development and promotion of the Ethereum platform and blockchain technology in general. It was created in 2014 by Ethereum founder Vitalik Buterin and other leaders from the Ethereum community. The foundation funds the development of Ethereum software and funds projects that seek to expand and improve the platform. It also promotes the adoption of Ethereum in the industry and the global community through the organization of events and collaboration with companies and organizations around the world. In addition, the Ethereum Foundation works to ensure the security and scalability of the Ethereum platform, and to educate the community and developers about blockchain technology and its potential impact on society and the economy. In short, the Ethereum Foundation plays a critical role in the development, promotion, and security of the Ethereum platform and blockchain technology.

The Ethereum ecosystem continues to change constantly thanks to the implementation of improvements proposed through the Ethereum Improvement Proposals (EIPs). These documents allow the Ethereum developer community to further improve the blockchain, contributing to the evolution and growth of the Ethereum ecosystem over time. The Ethereum Foundation is responsible for dedicating resources to ensure the security and scalability of the Ethereum platform.

Ethereum is a decentralized platform for building applications and smart contracts that run on a blockchain. TO bitcoin difference Mainly focused on being a digital currency and a means of transferring value, Ethereum focuses on programming decentralized applications that can automate processes and transfer value. Ethereum also uses a Turing complete programming language, allowing for greater flexibility and complexity in building smart contracts and applications.

Smart contracts are self-executing computer programs that automate and execute agreements based on pre-defined rules and conditions. On Ethereum, smart contracts are used to create decentralized applications and ERC-20 tokens, and are a fundamental part of the platform. Bit2Me offers services and support for the development and use of smart contracts on the Ethereum networkin addition to more consultancies for decentralized services for companies.

La Ethereum Virtual Machine (EVM) It is a virtual machine that is used to run smart contracts on the Ethereum network. It is important because it allows developers of decentralized applications (dApps) to program and run smart contracts on a secure and trusted platform.

The unit of account in Ethereum is Ether (ETH). TO unlike Bitcoin, Ethereum It does not have a maximum supply limit. Furthermore, Ethereum is focused on creating decentralized applications and smart contracts, while Bitcoin is focused on being a store of value and medium of exchange.

Smart contracts are important in the business world because they allow the automation of processes, which can reduce costs and increase efficiency. Additionally, smart contracts can improve transparency and trust in business transactions.

El gas in ethereum is a unit of measure used to measure the amount of computational effort required to execute an operation within the network. Simply put, gas is the commission charged by the network for executing a transaction. The gas is measured in GWEI (the smallest unit of Ethereum) and changes depending on the complexity of the required transaction, as well as the use of the network at any given time; the higher the network congestion, the higher the commissions. At Bit2Me, our users can adjust the gas price for their transactions and smart contracts, as well as check gas rates in real time.

Ethereum was created by Vitalik Buterin in 2013, and was first released in 2015.

The Smart Contracts they work through the execution of code on a blockchain platform. The terms and conditions of a contract are established in the Smart Contract code, which is executed automatically when the previously established conditions are met. The execution of the contract is carried out in a decentralized network and its transparency and security are supported by cryptography.

Blockchain technology in Ethereum it works by creating a decentralized network of nodes that validate transactions and maintain an identical copy of the transaction log (the "ledger"). Transactions are grouped into blocks that are linked together, creating an immutable chain of blocks.

El Wrapped Ethereum (WETH) It is a special type of ERC-20 token that represents the native Ethereum token, allowing users to use their ethers on other platforms, improving network interoperability.

The Smart Contracts They are scripts (computer code) that allow the automation of agreements and transactions by defining rules and conditions that are executed autonomously. These programs are developed using specific programming languages ​​and run on blockchain platforms.

La Account Abstraction It is an improvement of Ethereum that allows the creation of an infrastructure capable of offering smart accounts controlled by smart contracts.

Although share common languages, most blockchains have their own programming languages. For example, Ethereum uses Solidity (a Turing Complete language) and Vyper (based on Python), Cardano uses Plutus and Rust which is widely used by Bitcoin, Polkadot and Near.