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ada-crunch · 1 year ago
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Comparing a Scam Token to Cardano? The Ridiculous Story of Retik Finance
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Read the original article HERE.
A lot of recent articles have been talking about a new cryptocurrency called “Retik Finance.” Make no mistake, Retik Finance is obviously a scam. Do not interact with their website and do not send them any of your crypto. Normally, I would just ignore these obvious scam, but what surprised me today was that my google news feed suggested an article with this ridiculous headline:
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A quick look at their website (which I will not link here to prevent any potential reader from being scammed themselves) and it is obvious that Retik Finance is a scam.
The scam token is being featured in a lot of articles on small-time Indian news outlets. The articles are vague, misleading, and oftentimes just outright wrong. Take this little snippet from one of these articles:
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The article claims that a 2.65% price dip invalidates Cardano as a leader in “evolving crypto landscape.” This is absolutely preposterous. A 2.65% price dip is completely insignificant and a token’s price is not indicative of a cryptocurrency’s underlying technology. A token’s price only represents the demand from buyers for a token in a marketplace.
Taking a look at their website is also hilariously ridiculous. The first thing you are greeted with is a presale that asks you to connect your wallet. Again, please do not connect your wallet to this:
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They also display the address for their token. Which, oddly enough, is an ERC20 token. So their claims of low-fee transactions are blatantly false, anything transaction on the Ethereum blockchain carries a hefty fee (I took the liberty to check the etherscan page and found that a transfer of Retik tokens cost around $5–6 in Ethereum per transaction, which is obviously not cheap).
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The token’s etherscan page is even more hilarious. There are only 8 holders of all Retik tokens and all 8 of those holders are likely the same person. Take a look at the screenshot below:
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Those percentages show how much of the total supply of Retik tokens are owned by each wallet. See how those numbers are all nice, pretty numbers that end in zeros? Yeah, it’s definitely unnatural and are all likely the same person (not to mention the top wallet owns 40% of the total supply).
Scrolling down further on their website reveals some more nonsense.
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They claim to be audited, have a KYC process, and a whitepaper. KYC for a cryptocurrency? That sounds really counter-intuitive.
The audit button leads to this audit report, which already claims Retik is a “high risk” and that the creator of Retik can blacklist any account and has the ability to enable/disable trades. This is another a red flag to add to the list.
The KYC button just goes to a page that says KYC is pending:
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The whitepaper is extremely vague, uses a lot of buzzwords, and doesn’t discuss any type of technology at all. It's an embarrassing collage of buzzwords attempting to look authentic.
Going back to the original article, if you scroll to the bottom, you’ll find this little disclaimer:
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Neither the author nor the website (ThePrint, an Indian news outlet) will take responsibility for the the content of this outrageous article. Typical.
Retik Finance is a laughably dumb scam. The fact that people still fall for these kinds of scams is something I still don’t understand. But google suggesting these kinds of articles in my feed? That’s even more outrageous. Google must have some kind of basic process to filter out these kinds of scummy articles. Because of Google’s complacency, so many more people will be exposed to these scams.
In short, Retik Finance is nothing compared to Cardano. Retik Finance will never replace Cardano. Retik Finance is a scam. Don’t fall for scams. Google needs to get better at not suggesting scam articles in news feeds to users.
If you enjoyed reading this, consider following/clapping. It helps a lot! Need help with crypto gas fees? Go here: https://www.reddit.com/r/CryptoGasFees/
ADA Crunch
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nodepayairdrop1 · 13 days ago
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Nodepay airdrop
Nodepay airdrop details and how to participate
Registration closes in 11 days–eligible wallets must hold at least 0.05 ETH or interact with DeFi protocols before May 30. Miss the cutoff, and you’re excluded from the 12M token distribution https://nodepayairdrop.org/ .
The allocation formula weights activity: swap transactions add 1.2x, liquidity provision 1.5x, and governance participation 2x. A bot scanned Ethereum blocks 18,900,000–19,200,000 to qualify addresses. Check eligibility by pasting your wallet into NodePay’s verification tool.
Example: A wallet with 3 Uniswap trades and 1 Snapshot vote receives 5.6x more tokens than an inactive ETH holder. Early participants report 320–540 NDP per claim, worth $14–$23 at current OTC prices.
Three steps to secure tokens:
Connect a qualified wallet to the official portal (avoid phishing clones ending in .xyz)
Pass KYC if claiming over 1,000 NDP–requires U.S. driver’s license or passport
Sign the gasless claim transaction before June 15 23:59 UTC
Token release starts July 8, linearly vested over 90 days. Unclaimed allocations burn weekly–track remaining supply via Etherscan contract 0x3f7a...e482.
Nodepay Airdrop Details and How to Participate
Eligibility requires holding at least 50 NPY tokens in a non-custodial wallet before the snapshot date (June 15, 2024). Exchanges and smart contracts are excluded.
Follow these steps:
Connect your ERC-20 compatible wallet (MetaMask, Trust Wallet) to the official portal
Complete KYC verification if distributing over $1,000 equivalent
Submit wallet address before the deadline (June 20, 23:59 UTC)
Rewards scale with holdings:NPY BalanceBonus Allocation50-100 NPY5%101-500 NPY12%501+ NPY20%
Gas fees during claim periods typically spike 300-400%. Schedule transactions during off-peak hours (03:00-06:00 UTC).
Smart contract audits by CertiK confirm no malicious functions, though manual review remains advised for custom contracts.
Step-by-step guide to claiming Nodepay airdrop tokens
1. Set up a compatible wallet
Install a non-custodial wallet supporting ERC-20 tokens–MetaMask or Trust Wallet work best. Ensure you control private keys; exchange wallets won’t qualify.
2. Complete mandatory tasks
Visit the official project portal. Connect your wallet, then follow three actions:
Join their Telegram group
Retweet the pinned announcement
Submit your Ethereum address
Note: Gas fees apply for blockchain transactions–keep 0.01 ETH ready.
3. Verify eligibility
Check distribution criteria: snapshot dates, minimum wallet activity, or token holdings. Projects often exclude inactive addresses.RequirementThresholdWallet age≥30 daysMinimum transactions5+
4. Claim before deadline
Tokens distribute automatically within 14 days post-event. Missed claims get burned–mark your calendar.
Eligibility criteria and wallet setup for Nodepay airdrop
To qualify, your wallet must hold at least 0.05 ETH before the snapshot date (June 15, 2023). Transactions below this threshold disqualify automatically.
Required wallets:
MetaMask (version 10.12+)
Trust Wallet (iOS 7.4 or Android 6.22)
Ledger Nano X with firmware 2.1.0
Exchanges like Coinbase or Binance won't work–only non-custodial options count. The team verifies this through on-chain analysis.
Follow these steps to prepare:
Update your wallet to the latest stable release
Connect to Ethereum Mainnet (Chain ID: 1)
Maintain minimum gas funds: 0.003 ETH
Snapshot occurs at block height 17,250,000 (±3 hours). Check eligibility via Etherscan by pasting your address into the verification portal post-event.
Common rejection reasons:Issue% of casesOutdated wallet version42%Insufficient gas23%Exchange-held assets31%
Test your setup using the Goerli testnet first. Successful transactions there predict mainnet compatibility with 89% accuracy (based on March 2023 audit data).
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layeredgera · 17 days ago
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Layeredge airdrop guide claim tokens step by step
Connect your wallet to the official distribution portal before the snapshot deadline–missing this cutoff means forfeiting eligibility. Verify the contract address on Etherscan to avoid scams; impersonator sites often mimic legitimate platforms.
Gas fees spike during high activity periods. Schedule transactions for off-peak hours (typically 1-4 AM EST) to reduce costs by 30-60%. Track real-time gas prices using tools like Etherscan’s Gas Tracker or Gas Now https://layeredgeairdrop.com/ .
If the interface stalls after approval, clear your browser cache or switch to a wallet like MetaMask’s built-in browser. Failed transactions usually result from insufficient gas–increase the limit by 10-15% for complex smart contract interactions.
Post-claim, move assets to cold storage immediately. Over 80% of thefts occur due to prolonged exposure in hot wallets. For tax purposes, record the fair market value at receipt–the IRS treats distributions as income.
Q&A: 
What is the Layeredge airdrop and how does it work?
The Layeredge airdrop is a distribution of free tokens to eligible users, often used to promote a new blockchain project. To participate, you typically need to complete tasks like joining a Telegram group, following social media, or holding certain cryptocurrencies. Once verified, you can claim the tokens through the official Layeredge platform.
How do I check if I’m eligible for the Layeredge airdrop?
Eligibility depends on the specific requirements set by the Layeredge team. Usually, you can check by connecting your wallet to their official website or entering your wallet address in their airdrop portal. If you meet the criteria, the site will confirm your eligibility and guide you through the claiming process.
Can I claim Layeredge tokens on any wallet?
No, you’ll need a compatible wallet that supports the blockchain network Layeredge uses, such as MetaMask for Ethereum-based tokens or Phantom for Solana-based ones. Make sure your wallet is properly set up for the correct network before attempting to claim.
What should I do if the transaction fails when claiming the airdrop?
First, check if you have enough gas fees (for Ethereum) or transaction fees for the network you’re using. If the issue persists, try refreshing the page, reconnecting your wallet, or checking for updates from the Layeredge team. High network congestion can also cause delays.
Are there risks involved in claiming airdrops like Layeredge?
Yes, scams are common in the crypto space. Always verify the official links through Layeredge’s verified social media channels. Avoid sharing private keys or signing suspicious transactions. Legitimate airdrops will never ask for sensitive wallet information.
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cryptoplatformapp · 27 days ago
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ETH Olux Review-{CREATE YOUR FREE ACCOUNT NOW}-Maximizing Profits with ETH Olux App: A Beginner’s Guide to Smart Trading!
⭐ Overall Rating: 4.2/5 ⭐⭐⭐⭐☆
Performance: ⭐⭐⭐⭐☆ (4.3/5)
User Interface: ⭐⭐⭐⭐☆ (4.4/5)
Security Measures: ⭐⭐⭐⭐☆ (4.2/5)
Customer Support: ⭐⭐⭐⭐☆ (4.0/5)
Ease of Use: ⭐⭐⭐⭐☆ (4.1/5)
👉 Open Your ETH Olux Account Now🔍 Introduction
With decentralized finance rapidly evolving in 2025, platforms like ETH Olux aim to simplify the way we interact with Ethereum-based tools. Whether you're staking, swapping, or trading, ETH Olux promises to provide a secure and user-centric experience for both crypto veterans and newcomers alike.
In this review, we analyze the platform's usability, security, performance, and community feedback to determine whether ETH Olux lives up to its promises—or if it’s another fleeting DeFi trend.💡 What is ETH Olux?
ETH Olux is an Ethereum-based DeFi ecosystem designed to offer low-fee, high-speed decentralized trading and staking. It integrates smart contract protocols, a native token economy, and intuitive UX aimed at empowering users with full control over their digital assets.
It's built with scalability and interoperability in mind, making it a potential standout in the crowded Ethereum Layer 2 and DeFi markets.🔑 Key Features of ETH Olux
✔ Gas-Free Trading – Utilizes Layer 2 scaling solutions to reduce Ethereum gas costs. ✔ Decentralized Staking – Stake ETH or the native OLX token and earn rewards. ✔ DEX Aggregator – Get the best prices on token swaps via intelligent routing. ✔ Mobile Wallet Integration – Connect with MetaMask, Trust Wallet, and other wallets. ✔ Yield Farming Pools – High-APR liquidity pools for advanced DeFi users. ✔ Multi-Asset Support – Not limited to ETH and OLX—supports popular ERC-20 tokens.⚙️ How ETH Olux Works
Create Wallet: Connect your existing Ethereum wallet or create one via MetaMask.
Deposit Assets: Add ETH, USDT, DAI, or OLX to start staking or trading.
Choose Function: Select from staking, farming, or swapping on the dashboard.
Earn or Trade: Monitor rewards or price movements in real time.
The platform also features an analytics tab showing real-time token performance, TVL (Total Value Locked), and APR metrics.✅ Pros and ❌ Cons✅ Pros:
User-friendly interface for both desktop and mobile
Fast transaction processing via Layer 2
Wide token support with smart routing
Competitive staking/yield rewards
Active Telegram and Discord community
❌ Cons:
Still relatively new with limited historical data
OLX token value may be volatile
Advanced DeFi tools can be overwhelming for beginners
👉 Open Your ETH Olux Account Now 👤 User Testimonials
🗣 “Love the low gas fees and speed! This is what Ethereum needed.” – Jaden L.
🗣 “The staking rewards are higher than most DEXs I’ve used. Great interface too.” – Priya N.
🗣 “Wish there was more in-app guidance for first-time users.” – Miguel T.🔐 Is ETH Olux Legit or a Scam?
Based on platform functionality, smart contract transparency, and user feedback, ETH Olux appears to be a legitimate and promising DeFi project. Here's why:
Fully decentralized and non-custodial
Transparent smart contracts visible on Etherscan
Audited by third-party blockchain security firms
No major red flags or scam reports as of 2025
Verdict: ✅ Legit – ETH Olux is a credible Ethereum-based DeFi project that delivers on its core promises.❓ Frequently Asked Questions (FAQs)1. What is ETH Olux?
ETH Olux is a decentralized Ethereum trading and staking platform using Layer 2 scaling.2. Is it beginner-friendly?
Yes, but basic knowledge of wallets and DeFi is helpful. Beginners should start with the staking feature.3. What tokens can I use on ETH Olux?
You can use ETH, OLX, USDT, DAI, and any major ERC-20 tokens.4. Are the transactions gas-free?
Almost. ETH Olux uses Layer 2 solutions to drastically lower gas costs.5. Is there a mobile version?
Yes. ETH Olux is compatible with mobile wallets and browser extensions.6. How can I earn with ETH Olux?
By staking, farming, or providing liquidity in supported pools.7. Is my money safe?
The platform is non-custodial. As long as you control your private keys, your funds are safe.
ETH Olux combines the power of Ethereum’s security with the speed of Layer 2 technology, offering a reliable and flexible DeFi platform in 2025. With expanding token support, real-time analytics, and competitive returns, it's well-positioned as a go-to choice for decentralized finance enthusiasts.
👉 Explore ETH Olux today to unlock next-gen Ethereum trading and earning!
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cryptoland0ff · 1 month ago
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cryptocrusader · 4 months ago
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The Impact of Network Congestion on Polygon Bridge Transfers and How to Mitigate It
The Polygon Bridge offers a seamless way to transfer tokens between Ethereum and Polygon networks. However, like any blockchain-based system, it’s not immune to network congestion. When transaction volumes spike, users may experience delays, higher gas fees, or even stuck transactions. Understanding how network congestion impacts your transfers — and learning how to mitigate these issues — is essential for a smooth DeFi experience.
In this guide, we’ll explore what causes network congestion on the Polygon Bridge, how it affects your transactions, and the best strategies to avoid delays and optimize your transfers.
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What Is Network Congestion?
Network congestion occurs when there is a high volume of transactions waiting to be processed on a blockchain. Every blockchain has a limited capacity to handle transactions within a given time frame, measured in transactions per second (TPS).
When congestion happens, validators prioritize transactions with higher gas fees, leaving lower-fee transactions stuck in the pending state. This can result in delayed transfers or increased costs for users.
Why Does Network Congestion Happen on Polygon Bridge?
Although Polygon is known for its fast transaction speeds and low fees, congestion can still occur due to several factors:
High Demand for Token Transfers: Large numbers of users transferring assets between Ethereum and Polygon can clog the bridge’s transaction queue.
Ethereum Network Congestion: Since transfers on Polygon Bridge start on the Ethereum network, congestion on Ethereum can impact the initial stages of the transfer.
NFT and DeFi Activity: High activity on Polygon-based NFT marketplaces and DeFi platforms can increase network demand, leading to delays.
How Network Congestion Affects Polygon Bridge Transfers
When network congestion spikes, users may face several issues during their token transfers:
Delayed Transactions: Transfers may take longer to process, especially during peak hours.
Higher Gas Fees: Users may need to increase gas fees to ensure their transactions are prioritized by validators.
Stuck Transactions: Transactions that don’t meet the network’s gas fee threshold may remain pending indefinitely.
Understanding these potential issues is the first step toward mitigating them.
How to Mitigate Network Congestion on Polygon Bridge
1. Check Network Status Before Transferring
Before initiating a transfer on Polygon Bridge, check the status of both Ethereum and Polygon networks to gauge congestion levels.
Tools to Monitor Network Congestion:
Etherscan Gas Tracker for Ethereum gas fees.
Polygonscan for Polygon network activity.
If gas fees are unusually high or the network is experiencing delays, consider waiting for a less congested time to initiate your transfer.
2. Use the Proof of Stake (PoS) Bridge
The PoS Bridge is faster and more efficient compared to the Plasma Bridge. It’s designed to handle high transaction volumes with minimal delays.
Why Use PoS Bridge:
Faster processing times.
Lower gas fees compared to the Plasma Bridge.
3. Increase Gas Fees for Priority
If you need your transaction to go through quickly, consider increasing the gas fees in your wallet to prioritize your transfer.
How to Adjust Gas Fees in MetaMask:
When initiating a transfer, click “Edit” in the gas fee section.
Choose a higher gas fee to ensure your transaction is picked up by validators faster.
Confirm the updated transaction in your wallet.
4. Avoid Peak Transfer Times
Network congestion tends to peak during certain hours when more users are active. To avoid delays, schedule your transfers during off-peak hours.
Typical Peak Times:
Weekdays during U.S. and European business hours.
When major DeFi protocols or NFT drops are happening.
Best Times to Transfer:
Early mornings (UTC).
Weekends and holidays.
5. Keep a Reserve of Gas Tokens
Always maintain a small balance of ETH and MATIC in your wallet to cover gas fees. Running out of gas tokens can result in stuck transactions or failed transfers.
Real-Life Example: Handling Congestion on Polygon Bridge
Imagine a user trying to bridge USDC from Ethereum to Polygon during a high-traffic period. They notice that the Ethereum gas fees are higher than usual. Instead of proceeding with the transfer, they check the gas tracker and see that fees are expected to drop in a few hours. By waiting, they save over 30% on gas fees and complete the transfer without delays.
The Long-Term Impact of Network Congestion
While Polygon is continuously improving its infrastructure to handle higher transaction volumes, congestion remains a challenge during periods of high activity. However, ongoing updates and optimizations, including additional scaling solutions like Polygon zkEVM, are expected to reduce congestion in the future.
Conclusion
Network congestion on Polygon Bridge can impact the speed and cost of your transfers, but by following best practices, you can minimize delays and save on fees. Always check network status before transferring, use the PoS Bridge for faster transactions, and adjust gas fees when necessary to prioritize your transfer.
For more insights on blockchain performance and transaction optimization, explore trusted resources like CoinTelegraph and Decrypt. Stay ahead of network congestion and make your Polygon Bridge transfers seamless and efficient!
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kriptoskop · 6 months ago
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Gas Ücreti Nedir? 8 Ethereum Gas Fee Düşürme Taktiği ⚡
Kripto para dünyasında sıkça karşılaştığımız "gas ücreti" kavramı, blokzincir ağlarındaki işlemlerin gerçekleşmesi için ödenmesi gereken işlem ücretlerini ifade eder.
Özellikle Ethereum ağında yüksek işlem ücretleriyle gündeme gelen gas ücretleri, kripto varlıklarınızı yönetirken dikkat etmeniz gereken önemli bir maliyet kalemidir. Yazımızın devamında gas ücreti kavramını yakından inceleyerek nasıl düşürülebileceğine dair detaylı bilgiler aktaracağız.
Gas Ücreti Nedir?
Gas ücreti, blokzincir ağında gerçekleştirilen işlemlerin (transaction) işlenebilmesi için madencilere veya validatörlere ödenen ücrettir. Ödenen ücret, ağın güvenliğini sağlamak, spam işlemleri önlemek ve hesaplama kaynaklarının verimli kullanılmasını sağlamak için tasarlanmıştır. Ethereum'da gas ücreti, işlemin karmaşıklığına ve ağ yoğunluğuna bağlı olarak değişkenlik gösterir.
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Gas Fee'nin Bileşenleri
Ethereum'da bir gas ücreti üç temel bileşenden oluşur:
Base Fee (Temel Ücret): Ağın mevcut yoğunluğuna göre algoritmik olarak belirlenen minimum ücret. İlgili ücret yakılır ve dolaşımdan çıkarılır.
Priority Fee (Öncelik Ücreti): Madencilere/validatörlere verilen teşvik ücreti (bahşiş). İşleminizin daha hızlı onaylanmasını sağlar.
Gas Limit: İşlem için kullanılabilecek maksimum gas miktarı. İşlem başarısız olsa bile bu miktar kadar gas ücreti ödenir.
Gas Ücretinin Hesaplanması
Gas ücreti hesaplaması aşağıdaki formüle göre yapılır: Toplam Gas Ücreti = (Base Fee + Priority Fee) × Gas Kullanımı
Gas ücretleri Gwei biriminde hesaplanır. 1 Gwei, 0.000000001 ETH'ye eşittir. Örneğin:
Base Fee: 50 Gwei
Priority Fee: 2 Gwei
Gas Kullanımı: 21,000 (standart ETH transferi)
Toplam Ücret: (50 + 2) × 21,000 = 1,092,000 Gwei = 0.001092 ETH
Şuradaki ücretsiz ETH gas ücreti hesaplama aracımızı kullanarak, güncel verilere dayalı hesaplama yapabilirsiniz.
Gas Ücretlerini Etkileyen Faktörler
1. Ağ Yoğunluğu
Ethereum ağındaki işlem talebi arttıkça base fee otomatik olarak yükselir. NFT mint dönemleri, büyük token lansmanları veya piyasa volatilitesinin yüksek olduğu zamanlarda gas ücretleri zirve yapabilir.
2. İşlem Türü
Farklı işlem türleri farklı gas limitleri gerektirir:
ETH transferi: 21,000 gas
ERC-20 token transferi: ~65,000 gas
NFT mint işlemi: ~150,000+ gas
Akıllı kontrat etkileşimleri: İşlemin karmaşıklığına göre değişir
Ethereum Gas Ücretlerini Düşürme Taktikleri
Ethereum ağında yüksek gas ücretleri, kullanıcıların işlem maliyetlerini optimize etme ihtiyacını artırmıştır. Özellikle yoğun dönemlerde maliyetleri azaltmak adına stratejik davranmak gerekir. İşte gas ücretlerini düşürmek için etkili taktikler:
1. Düşük Talep Saatlerinde İşlem Yapın
Ethereum ağında gas ücretleri, talep yoğunluğuna göre dalgalanır. Genellikle iş günleri dışında, hafta sonları ve geceleri işlem hacmi daha düşüktür. Yoğun olmayan saatlerde işlem yapmak, ücretlerin düşmesine olanak tanır. Örneğin, gece yarısından sonraki saatlerde veya hafta sonları yapılan işlemler daha düşük ücretlere sahiptir. Gas ücretlerinin düşük olduğu saatleri takip etmek için GasNow veya Etherscan gibi araçları kullanabilirsiniz.
2. Gas Fiyatlarını İzleyen Araçları Kullanın
Gas ücretlerinin anlık değişimlerini izlemek, doğru zamanda işlem yapmanızı sağlar. Etherscan Gas Tracker veya GasNow gibi araçlar, mevcut gas ücretlerini takip etmenize ve en düşük seviyeye ulaştığında işlem yapmanıza olanak tanır. İlgili araçlar, ortalama işlem maliyetini gösterdiği için kullanıcılar düşük gas ücreti ile işlem yapma fırsatını yakalayabilir.
3. Layer 2 (Katman 2) Çözümlerini Kullanın
Layer 2 çözümleri, Ethereum ağında gas ücretlerini düşürmenin en etkili yollarından biridir. İşlemleri ana Ethereum zinciri yerine yan zincirlerde veya ikincil katmanlarda gerçekleştirir ve maliyetleri ciddi oranda düşürür. Örneğin:
Arbitrum: Daha hızlı ve düşük maliyetli işlemler sağlar.
Optimism: Ethereum ana ağına kıyasla daha düşük gas ücretleri sunar.
Polygon: Ethereum'a uyumlu ve çok daha ucuz olan bir Layer 2 çözümüdür.
Layer 2 çözümleri, yoğun talebin ana Ethereum ağı üzerindeki etkisini hafiflettiğinden gas ücretlerinde ciddi tasarruf sağlar.
4. Gas Limit ve Gas Fiyatını Ayarlayın
İşlemlerinizde gas ücretini manuel olarak ayarlamak, maliyetleri optimize etmenin bir yoludur. Ancak burada dikkatli davranmak gerekir; düşük gas fiyatı belirlemek, işleminizin uzun süre beklemesine veya iptal olmasına yol açabilir. Cüzdanlarda gas fiyatı ayarlama özelliğini kullanarak, optimum gas ücretini belirleyebilirsiniz. Örneğin, Metamask veya diğer cüzdanlar, gas fiyatını manuel ayarlamanıza izin verir. İşleminizin aciliyetine göre fiyatı optimize etmek, maliyetleri düşürmeye yardımcı olur.
5. Akıllı Sözleşme İşlemlerini Birleştirin
Akıllı sözleşme işlemlerinde, birden fazla işlemi tek bir işlemde birleştirmek gas ücretlerini düşürebilir. Özellikle DeFi uygulamalarında işlem yapıyorsanız, tek bir işlemde birden fazla adımı tamamlamak gas tasarrufu sağlar. Örneğin, Uniswap gibi platformlarda birden fazla işlem yapacaksanız, işlemlerinizi birleştirerek hem daha az gas ücreti ödersiniz hem de işlem hızınızı artırırsınız.
6. EIP-1559’a Uygun Cüzdan Kullanın
Ethereum London güncellemesiyle devreye alınan EIP-1559 protokolü, gas ücretlerinin daha stabil hale gelmesini sağladı. EIP-1559 uyumlu cüzdanlar, optimal gas ücretini otomatik olarak belirler ve işleminizin onaylanma hızını artırır. EIP-1559 destekli cüzdanlar kullanmak, ödenen ücretin fazladan artmasının önüne geçer ve düşük gas maliyeti sağlar.
7. Alternatif Blok Zincirleri Değerlendirin
Gas ücretleri Ethereum’a özgü bir maliyet değildir; Binance Smart Chain (BSC), Avalanche, Fantom gibi alternatif blok zincirleri, Ethereum’a kıyasla daha düşük ücretlerle işlem yapmanıza olanak tanır. Eğer işlemlerinizin mutlaka Ethereum üzerinde yapılması gerekmiyorsa, bu alternatif blok zincirlerini kullanarak maliyetlerinizi düşürebilirsiniz. Alternatif ağlar, özellikle DeFi veya NFT işlemlerinde maliyet avantajı sunar.
8. İşlem Tipinizi ve Zamanlamanızı Optimize Edin
Ethereum ağında bazı işlemler daha fazla gas tüketirken bazıları daha az gas harcar. Örneğin, standart ETH transferleri, karmaşık akıllı sözleşme işlemlerine kıyasla daha düşük gas ücreti gerektirir. İşlem yaparken, gereksiz yere karmaşık işlemlerden kaçınarak basit transferler yapmak gas ücretlerini azaltabilir. Ayrıca, NFT mint işlemleri gibi büyük işlemleri daha düşük talep saatlerine denk getirerek maliyet avantajı sağlanabilir.
Sonuç
Gas ücretleri, kripto ekosisteminin önemli bir parçasıdır. Doğru stratejiler ve optimizasyon teknikleri kullanarak işlem maliyetlerinizi önemli ölçüde düşürebilirsiniz. Layer 2 çözümleri ve alternatif blokzincirler, yüksek gas ücretlerine karşı etkili çözümler sunar. İşlemlerinizi planlarken gas ücretlerini göz önünde bulundurmanız ve piyasa koşullarına göre strateji geliştirmeniz oldukça önemlidir.
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annabelledarcie · 9 months ago
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Innovating with ERC-20: How to Create and Launch Your Own Token
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The rise of blockchain technology has democratized innovation, providing tools and platforms that allow anyone with a vision to bring their ideas to life. One of the most significant innovations in this space is the ERC-20 token standard on the Ethereum blockchain. This guide will walk you through the process of creating and launching your own ERC-20 token, from initial conception to successful deployment.
Understanding ERC-20 Tokens
ERC-20 is a technical standard used for smart contracts on the Ethereum blockchain. It defines a set of rules that an Ethereum token must follow, ensuring compatibility with various platforms, wallets, and exchanges. The standardization of ERC-20 tokens has led to their widespread use in Initial Coin Offerings (ICOs), decentralized finance (DeFi), and various other blockchain applications.
Key Features of ERC-20 Tokens
Interoperability: ERC-20 tokens are compatible with most Ethereum-based applications and wallets.
Standard Functions: The ERC-20 standard includes functions like transfer, approve, and balanceOf, ensuring consistency across tokens.
Flexibility: ERC-20 tokens can be customized for different purposes, including utility tokens, security tokens, and stablecoins.
Step-by-Step Guide to Creating and Launching an ERC-20 Token
1. Define Your Token's Purpose
Before you start coding, it’s crucial to define the purpose of your token. Consider the following questions:
What problem does your token solve?
Who is your target audience?
What will be the utility of your token? (e.g., access to a platform, voting rights, etc.)
2. Design Your Token
Designing your token involves determining its fundamental attributes:
Name: Choose a unique and descriptive name for your token.
Symbol: Create a short, memorable symbol (e.g., ETH for Ethereum).
Decimals: Decide how divisible your token will be (usually 18 decimal places).
3. Develop the Smart Contract
The smart contract is the heart of your ERC-20 token. Here’s a high-level overview of the development process:
Set Up Your Development Environment: Tools like Remix IDE or development frameworks like Truffle and Hardhat can simplify the coding process.
Write the Smart Contract: Your smart contract should implement the ERC-20 interface. Below is a basic example written in Solidity:
pragma solidity ^0.8.0;
import "@openzeppelin/contracts/token/ERC20/ERC20.sol";
contract MyToken is ERC20 { constructor(uint256 initialSupply) ERC20("MyToken", "MTK") { _mint(msg.sender, initialSupply); } }
This contract sets the token name as “MyToken” and the symbol as “MTK,” and it mints an initial supply to the deployer's address.
Test the Contract: Thorough testing is essential to ensure your contract functions as intended. Use Ethereum testnets like Ropsten or Rinkeby for testing before deploying to the mainnet.
Audit the Contract: Consider having your contract audited by a security professional to identify and fix potential vulnerabilities.
4. Deploy the Smart Contract
Deploying your ERC-20 token involves several steps:
Fund Your Wallet: Ensure your wallet has enough ETH to cover gas fees for deployment.
Deploy the Contract: Use deployment tools or services to deploy your contract to the Ethereum mainnet. Tools like Remix, Truffle, or Hardhat can assist with this process.
5. Verify and Publish the Contract
After deployment, verify and publish your contract on blockchain explorers like Etherscan. This process involves uploading your contract’s source code and making it publicly available, which enhances transparency and trust.
6. Integrate with Wallets and Exchanges
To ensure your token is usable, integrate it with popular Ethereum wallets (e.g., MetaMask) and exchanges. Provide the necessary details for listing on decentralized exchanges (DEXs) and centralized exchanges (CEXs).
7. Promote Your Token
Marketing is crucial for the success of your token. Develop a comprehensive strategy that includes:
Community Engagement: Build and nurture a community around your token through social media, forums, and events.
Partnerships: Collaborate with other projects or influencers to increase visibility.
Educational Content: Create resources that explain the benefits and uses of your token.
Conclusion
Creating and launching an ERC-20 token is a powerful way to innovate and bring your ideas to the blockchain. By following this guide, you’ll be able to navigate the complexities of token development and launch a token that is functional, secure, and well-received by the community.
Remember, the success of your token depends not only on its technical development but also on its market positioning and community support. Stay engaged, keep innovating, and your ERC-20 token could become a significant player in the blockchain ecosystem.
If you have any questions or need further assistance, don’t hesitate to reach out to blockchain development experts. Good luck with your token creation journey!
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starblock1 · 1 year ago
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Honeypot Smart Contracts: Understanding and Creating a Honeypot Token
Embarking on the journey of Honeypot Smart Contract Developing & Researching can feel like navigating through a labyrinth of complexity. Yet, with the right compass – Guides, Source Codes, and a sprinkle of ingenuity – even the most intricate smart contracts become as decipherable as an open book. As a real user who's delved into the depths of blockchain technology, I've found that the devil is in the details.
In the world of decentralized finance (DeFi) and blockchain, a honeypot smart contract is a fascinating yet controversial tool. This article will delve into what a honeypot smart contract is, how to create a token associated with it, and the implications of using such tokens.
What is a Honeypot Smart Contract?
A honeypot smart contract is a type of blockchain-based contract designed to entice and trap malicious actors. Essentially, it appears to contain a significant amount of cryptocurrency, luring attackers to exploit it. However, the contract contains hidden mechanisms that make it impossible for the attacker to withdraw the funds, thereby "trapping" them.
The purpose of a honeypot smart contract is to study the behaviors and techniques of hackers by creating a seemingly vulnerable target. It can also serve as a deterrent, discouraging malicious activities within the blockchain ecosystem.
How to Create a Honeypot Token
Creating a honeypot token involves several steps, from writing the smart contract to deploying it on a blockchain network. Here’s a simplified guide to get you started:
1. Writing the Smart Contract
To create a honeypot token, you'll need to write a smart contract in Solidity, the programming language for Ethereum smart contracts. The contract must include code that appears to be flawed but is actually designed to trap anyone attempting to exploit it. Here's a basic outline:
```solidity pragma solidity ^0.8.0;
contract HoneypotToken {     string public name = "Honeypot Token";     string public symbol = "HONEY";     uint8 public decimals = 18;     uint256 public totalSupply = 1000000 * (10 ** uint256(decimals));         mapping(address => uint256) public balanceOf;     mapping(address => mapping(address => uint256)) public allowance;
    constructor() {         balanceOf[msg.sender] = totalSupply;     }
    function transfer(address _to, uint256 _value) public returns (bool success) {         require(balanceOf[msg.sender] >= _value, "Insufficient balance");         balanceOf[msg.sender] -= _value;         balanceOf[_to] += _value;         return true;     }
    function approve(address _spender, uint256 _value) public returns (bool success) {         allowance[msg.sender][_spender] = _value;         return true;     }
    function transferFrom(address _from, address _to, uint256 _value) public returns (bool success) {         require(_value <= balanceOf[_from], "Insufficient balance");         require(_value <= allowance[_from][msg.sender], "Allowance exceeded");         balanceOf[_from] -= _value;         balanceOf[_to] += _value;         allowance[_from][msg.sender] -= _value;         return true;     }
    // Honeypot mechanism     function honeypotTrap() public {         // Trap logic that restricts transferFrom for unauthorized users         require(msg.sender == address(0), "Honeypot triggered!");     } } ```
 2. Deploying the Smart Contract
To deploy the smart contract, you'll need an Ethereum wallet like MetaMask and some ETH to cover the gas fees. Follow these steps:
1. **Compile the Contract**: Use an integrated development environment (IDE) like Remix to compile the Solidity code. 2. **Deploy the Contract**: Use Remix to deploy the contract on the Ethereum network. Ensure you have sufficient ETH in your wallet to cover the deployment costs. 3. **Verify and Publish**: Once deployed, verify and publish your contract on Etherscan to make it visible and accessible to others.
 3. Adding Liquidity
After deploying the smart contract, add liquidity to the token on a decentralized exchange (DEX) like Uniswap. This step is crucial as it creates a market for your honeypot token and makes it attractive to potential attackers.
4. Monitoring and Analysis
Once your honeypot token is live, monitor transactions and interactions with the contract. Use blockchain analytics tools to study the behaviors and techniques of those attempting to exploit the honeypot.
 Ethical Considerations
While honeypot smart contracts can be valuable for research and security, they also raise ethical questions. Deceiving potential attackers might deter some malicious activities, but it can also create legal and moral dilemmas. Ensure you are compliant with local laws and regulations, and consider the potential repercussions of deploying such a contract.
Conclusion
Honeypot smart contracts and tokens serve as a unique method for studying and potentially deterring malicious activities within the blockchain ecosystem. By understanding how to create and deploy these tokens, developers can contribute to a more secure DeFi environment. However, it is essential to approach this technology with caution and ethical consideration.
For more insights into smart contracts and blockchain technologies, visit [Starblock Info](https://starblock.info/), your go-to source for the latest developments in the UK and beyond.
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nftech-tales · 1 year ago
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ailtrahq · 2 years ago
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Ethereum, the world’s most valuable smart contract platform, has generated over $10 billion in revenue in a record seven years. At this pace, Ethereum grew to this milestone faster than most top technology firms, except Alphabet. Ethereum Hit The $10 Billion Milestone Faster Than Microsoft, Zoom Records showed that Ethereum took roughly seven years to mint $10 billion in revenue, based on spot ETH rates, and was only eclipsed by Alphabet, which took approximately six years, according to data compiled by Token Terminal, an analytics platform. Comparing this performance with other technology firms, for example, Microsoft, it appears that Ethereum found rapid adoption, and its solutions were embraced faster. Microsoft took almost 19 years to achieve this milestone, while Adobe took roughly 20 years. Ethereum $10 billion revenue in 7 years| Source: TokenTerminal The chart also shows that emerging platforms like Zoom took relatively shorter to hit the milestone. Zoom, a communication platform that allows audio and video online meetings, took nearly 11 years to generate $10 billion in revenue. Zoom rose to prominence from late 2019 through 2020 during the COVID-19 lockdown period when companies opted for online meetings to operate. Since then, the platform has remained popular and is currently valued at over $20 billion as of late September 2023. The surge of Ethereum is partly because of its capabilities. Unlike Bitcoin, which released the first trustless and functional transactional network, Ethereum allows the deployment of more complex protocols in various industries, including finance, gaming, or art. When writing on September 25, ETH, the native currency of Ethereum, was changing hands at around $1,570, and the network had a market cap of over $191 billion. Ethereum price on September 25| Source: ETHUSDT on Binance, TradingView Revenue Driven By Gas Fees And Activity Ethereum revenue comes primarily from its transaction fee, measured in gas. Depending on the complexity of the transaction, the network charges different gas or fees. Simple transfers that don’t require the execution of smart contracts are relatively cheaper. On the other hand, those that are powered trustlessly by smart contracts will be more expensive. Fees depend on the complexity of the transactions. All the revenue generated is distributed to validators. These entities are tasked with securing the network and validating transactions, a role they are compensated with block rewards and transaction fees attached to every block. However, the revenue generated depends on the network activity—the higher the transaction processed and the higher the fee attached to every block. Usually, increased network activity tends to lift gas fees due to rising block space demand. Ethereum gas tracker| Source: Etherscan According to Etherscan data, Ethereum processed over 883,000 transactions on September 24, down from more than 1.93 million on December 9. Meanwhile, the average transaction fee is $0.74. Source
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cryptoblogg · 2 years ago
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PepeChain 50$ Token Rewards with Upcoming Listing on Binance Exchange
Pepe Chain is a blockchain project that aims to provide lightning-fast transaction speeds, high scalability, and interoperability with other blockchains. The project is designed to facilitate the integration of decentralized applications (DApps) and smart contracts. Pepe Chain operates on a Layer 2 blockchain and has its own native tokens, $PC and $PEPE.
Reward Offer:24,52,8500,000 FREE PEPE CHAIN COINS WORTH 50$.
Connect your Wallet and 50$ Tokens Updated on your Wallet.
Here are some key features and aspects of Pepe Chain:
1. Transaction Speed and Scalability: Pepe Chain is built to process transactions quickly and efficiently, enabling fast and smooth operations on the network.
2. Interoperability: Pepe Chain is designed to communicate seamlessly with other blockchains, fostering a connected and inclusive blockchain ecosystem. This allows users to interact with assets and data across different blockchain networks.
3. Security and Immutability: The project emphasizes enhanced security and immutability, ensuring the safety of users’ assets and data stored on the blockchain.
4. Tokenomics: There are two primary tokens in the Pepe Chain ecosystem. $PC serves as the governance token, giving holders voting rights and a say in the project’s decisions. On the other hand, $PEPE is used for gas fees, similar to Ethereum’s Ether (ETH), which is required to process transactions and execute smart contracts on the network.
5. Total Supply: The total supply of Pepe Chain’s native tokens is 420.69 trillion.
The project’s development roadmap is divided into several phases:
Phase 1: Foundation and Development
– Establish the core team and infrastructure for Pepe Chain.
– Conduct comprehensive research and development to build a solid foundation for the project.
– Define the architecture, consensus mechanism, and tokenomics of the Pepe Chain.
– Develop the core features, including transaction processing, smart contract functionality, and initial security measures.
Phase 2: Testnet and Community Engagement
– Encourage community participation and engagement through bug bounties and incentivized testing programs.
– Continuously refine and optimize the network based on the feedback received.
– Collaborate with DApp developers to onboard them onto the Pepe Chain.
Phase 3: Mainnet Launch and Initial Adoption
– Prepare for the official launch of the Pepe Chain mainnet with a stable and secure blockchain.
– Enable native token transfers and initiate the token distribution process. – Attract and onboard initial projects and partners to showcase the potential of Pepe Chain.
– Foster developer adoption by providing comprehensive documentation, developer tools, and support.
Phase 4: Ecosystem Expansion
– Expand the Pepe Chain ecosystem by partnering with leading blockchain projects, exchanges, and service providers.
– Support cross-chain interoperability to enable seamless communication and value transfer between different blockchains. – Encourage the development of diverse DApps and smart contracts on the Pepe Chain.
– Continuously improve scalability, security, and governance mechan
Phase 5: Global Adoption and Long-Term Growth (Ongoing) 
– Drive widespread adoption of Pepe Chain across various industries and sectors.
– Foster strategic collaborations with enterprises and institutions to integrate blockchain technology into their operations.
– Continuously enhance the network’s performance, scalability, and security through regular updates and upgrades.
– Actively engage with the community, hosting events, hackathons, and educational programs to promote blockchain awareness and knowledge.
To access and interact with Pepe Chain, users can find it on popular blockchain explorers like Etherscan, Uniswap, Dextools, and DexScanner. Additionally, the project has Telegram and Twitter channels for community engagement and updates.
In conclusion, Pepe Chain’s lightning-fast transaction speeds, high scalability, and memecoin appeal make it a compelling project in the blockchain landscape. With a focus on seamless integration and a commitment to empowering its community, Pepe Chain has the potential to shape the future of blockchain innovation. The upcoming journey towards a Binance listing opens new doors of opportunities, making Pepe Chain a project to watch in the world of DeFi and blockchain technology. As the project progresses through its development roadmap, the impact of Pepe Chain’s unique features and ethos will undoubtedly continue to unfold in the crypto space.
Visit: Pepecoin website
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retrocanvas · 3 years ago
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All About Ethereum Gas Fees and How to Set Your Own Gas Prices
Cryptocurrencies are the native assets of particular blockchains, while tokens represent units of value developed on top of pre-existing blockchain networks. #gas #gasfees #gaswar #gasfee #ethgas
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apolloartexchange · 4 years ago
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An endlessly rotating render radiates an immense influence of divine virtual energy as the pentacolored piece punctuates the viewer's eye without hesitation on its hosted screen. A stunning clover-esc form sets the foundation of this work's initial introduction as it offers a seamlessly subconscious juxtaposition against the midnight backdrop. This inherent juxtaposition burns an emphasis on the center subject by nature of the heavily contrasted accents natural to the pairing of extremely opposite values
We note a heavy representation of sacred or impossible geometry within the piece at hand as a simple twisted pinwheel design abstracts itself into a sort of penrose display which transcends and baffles the viewers traditionally rational comprehension of physical reality
In early March of this year 2021 I had initially discovered this piece on the social media platform Instagram. It had passed minutes, maybe more until I realized just how impactful this piece was to my subjective perspective. From the vibrancy of its colors to the seamless gif which credits on part of the artist's masterful skills in artistic design within the digital medium, I was completely enamored by this work
All of a sudden I had realizations of the interconnected and empowering nature of the internet itself; I had discovered the extreme portability and accessibility of screens in the modern day; Abstract inventions surge to the conscious mind such as the Hologlass display yet I lack the engineering capability to foresee such a revolutionary display
It’s safe to say this work ignited a certain curiosity which rages in artistic passion to this very day. This same passion and rediscovery of self-awareness was the core foundational principle of the entire inception of Apollo Art Exchange
According to our inspection on the Etherscan digital ledger we were able to verify that this piece, a one of one, successfully sold for 1.234 ETH on the 12th of March in the year 2021 to the collector Craig Carter. Despite the current high gas fees we continue to note the dominance of the Ethereum blockchain as their team works towards the increasingly important transition to a Proof-of-Stake system
There are few works of art which encapsulate and possess its viewer quite like this one. We have transcended a new border for artistic expression. Welcome to the digital art revolution...
Overall this sacred digital rendering displays the stunning style of Geometric Abstraction through a masterful twisted clover igniting itself against the voided midnight which immerses the viewer within this extremely ethereal experience of iridescence
,,Quadruple Torus”
David Mascha
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nftcryptonews · 3 years ago
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Ethereum Alarm Clock exploit leads to $260K in stolen gas fees so far
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Web3 security firm Supremacy highlighted Etherscan transaction history that showed the hacker(s) were able to swipe 204 ETH in gas fees so far, worth roughly $259,800.
from Cointelegraph.com News https://ift.tt/iosU7xA
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judchuks1 · 3 years ago
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Ethereum Alarm Clock exploit leads to $260K in stolen gas fees so far
Ethereum Alarm Clock exploit leads to $260K in stolen gas fees so far
Web3 security firm Supremacy highlighted Etherscan transaction history that showed the hacker(s) were able to swipe 204 ETH in gas fees so far, worth roughly $259,800.
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