Ethereum (ETH) is a leading smart contract platform and one of the most influential digital assets in the world. Launched in 2015 by Vitalik Buterin and a team of developers, Ethereum introduced programmable blockchain technology, enabling decentralized applications (dApps), DeFi platforms, NFTs, and countless innovations built on open, permissionless infrastructure.Unlike Bitcoin’s primary role as a store of value, Ethereum functions as a global computational network. ETH is used to pay for transaction fees and smart contract execution, making it essential for interacting with the entire ecosystem. The Ethereum Price often reflects activity across DeFi, gaming, tokenization, and Web3 projects.In 2022, Ethereum transitioned to Proof of Stake, improving energy efficiency and strengthening long-term scalability. This upgrade solidified ETH’s position as a foundational digital asset for both developers and investors. Whether you're exploring decentralized finance or diversifying your portfolio, many users choose to&nbsp;<a href="https://cryptal.com/en/blog/Buying-Ethereum-Detailed-Instruction">Buy Ethereum</a> for its utility and long-term growth potential.

<h1>How to Check Ethereum (ETH) Transaction?</h1>For anyone using Ethereum, knowing how to check a transaction is an essential skill. Each transfer of ETH or interaction with a smart contract is recorded on the blockchain, but for beginners, the process of verifying it can feel complex.&nbsp;By learning how to track a transaction, users gain confidence in managing their funds, understanding gas fees, and ensuring transfers reach the intended recipient. Checking Ethereum transactions also helps identify common issues such as pending confirmations, delays caused by low gas fees, or failed transactions due to network congestion. Using the right tools, this process becomes straightforward and accessible even to newcomers.&nbsp;Whether someone is sending ETH to a friend, participating in a decentralized application, or making their first crypto purchase, transaction tracking offers transparency and peace of mind in an otherwise technical environment.

How to Check Ethereum (ETH) Transaction?

<h2>What is an Ethereum (ETH) Transaction?</h2>An Ethereum transaction is a digital action recorded on the Ethereum blockchain. It can be as simple as sending ETH from one wallet to another, or as advanced as interacting with a smart contract, such as swapping tokens, minting NFTs, or participating in decentralized finance platforms.&nbsp;Each transaction is initiated by a sender, processed by the network, and confirmed once added to a block by validators. To complete the process, a fee known as gas is required. Gas represents the cost of computational power needed to execute the transaction, and its price can vary depending on network activity.&nbsp;Every transaction generates a unique identifier, called a transaction hash (TxID), which allows users to track its status in real time. By understanding these basics, even beginners can start to see how transparent and verifiable Ethereum’s system really is.

What is an Ethereum (ETH) Transaction?

<h2>Tools You Can Use to Track ETH Transactions</h2>Checking an Ethereum transaction requires reliable tools known as block explorers. These platforms allow users to enter a transaction hash and instantly see its progress, including confirmations, sender and receiver addresses, and gas fees. The most commonly used tools include:<ul><li><a href="https://etherscan.io/">Etherscan</a> – The leading Ethereum block explorer. It provides detailed transaction history, gas tracker, wallet balances, and smart contract interactions.</li><li><a href="https://blockchair.com/ethereum">Blockchair</a> – A multi-blockchain explorer that supports Ethereum and other major networks. It offers user-friendly charts and filters for deeper analysis.</li><li><a href="https://ethplorer.io/">Ethplorer</a> – A tool focused on token tracking. It is useful for viewing ERC-20 token movements alongside ETH transfers.</li><li>Wallet Apps – Many modern crypto wallets, such as MetaMask or Trust Wallet, allow users to track ETH transactions without leaving the app.</li></ul>By using these tools, beginners can gain transparency and confidence in every ETH transfer.

Tools You Can Use to Track ETH Transactions

<h2>Step-by-Step Guide to Checking ETH Transaction on Etherscan</h2>For beginners, the easiest way to check an Ethereum transaction is by using Etherscan, the most popular block explorer. The process is simple and requires only the transaction hash (TxID). Here’s how to do it step by step:<ul><li>Step 1 – Get the Transaction Hash Copy the TxID from your wallet or exchange after making a transfer.</li><li>Step 2 – Open Etherscan.io Visit the official website and locate the search bar at the top of the page.</li><li>Step 3 – Paste the Transaction Hash Enter your TxID in the search bar and press enter to view results.</li><li>Step 4 – Review the Transaction Details Check the status (success, pending, or failed), number of confirmations, gas fee, and wallet addresses involved.</li></ul><figure class="image"><img src="https://landing-back-static.cryptal.com/ETH_tranzaqtsiis_shemotsmeba_fed61a13c5.gif"></figure>Following these steps ensures users can quickly verify the outcome of any Ethereum transfer.

Step-by-Step Guide to Checking ETH Transaction on Etherscan

<h2>How to Understand Transaction Details</h2>Once a transaction is found on Etherscan or another explorer, beginners may feel overwhelmed by the information displayed. However, each field has a clear purpose. The most important detail is the transaction status.&nbsp;If it shows “Success,” the transfer is complete. A “Pending” status means it is still waiting for confirmations, while “Failed” indicates the transaction did not go through, often due to insufficient gas.&nbsp;Another key element is the block number, which shows in which block the transaction was recorded. Users should also pay attention to the sender and recipient addresses, ensuring the funds were directed to the correct wallet.&nbsp;The gas fee indicates how much ETH was paid to process the transfer, and high network activity can cause this fee to rise. By learning to interpret these details, users gain better control and confidence when navigating the Ethereum network.

How to Understand Transaction Details

<h2>Common Issues and How to Solve Them</h2>While Ethereum transactions are usually reliable, beginners often face common issues. One frequent problem is when a transaction remains pending for too long. This usually happens if the sender set a low gas fee, making the transaction less attractive to validators.&nbsp;In such cases, users can either wait for the network to clear or resend the transaction with a higher fee. Another issue is a failed transaction, which occurs when the gas limit is too low or the smart contract execution runs out of resources.&nbsp;Although failed transfers do not move funds, the gas fee is still charged. Sometimes users also worry if they accidentally sent ETH to the wrong address.&nbsp;Unfortunately, blockchain transactions are irreversible, so double-checking wallet details before sending is essential. By understanding these issues, users can troubleshoot problems quickly and avoid unnecessary stress.

Common Issues and How to Solve Them

<h2>Safety Tips When Checking ETH Transactions</h2>When verifying Ethereum transactions, security should always be the top priority. Since blockchain data is public, many websites claim to offer tracking services, but not all of them are trustworthy. To stay safe, beginners should follow these essential tips:<ul><li>Use official explorers such as Etherscan or Blockchair. Avoid clicking unknown links.</li><li>Check the website URL carefully to prevent falling for phishing pages that mimic real explorers.</li><li>Never share private keys or seed phrases when tracking a transaction. Block explorers only require the transaction hash, nothing else.</li><li>Bookmark trusted explorers in your browser to reduce the risk of typing errors or landing on fake sites.</li><li>Be cautious with wallet apps and only download them from official app stores or the project’s verified website.</li></ul>By applying these safety practices, users can track transactions confidently without exposing their funds to unnecessary risks.

Safety Tips When Checking ETH Transactions

<h2>Conclusion</h2>Checking Ethereum transactions is a simple yet powerful habit that helps users build trust and confidence when using digital assets. With tools like Etherscan and other reliable explorers, anyone can verify the status of a transfer in just a few steps.&nbsp;Understanding transaction details such as status, block number, addresses, and gas fees allows beginners to recognize whether a transfer was successful or if issues need attention. By knowing how to interpret this information, users are better equipped to avoid confusion, solve problems like delays or failed transactions, and maintain a smooth experience on the Ethereum network.&nbsp;Most importantly, applying basic safety measures ensures that tracking remains secure and free from unnecessary risks. For those starting their journey with ETH, transaction checking is not just a technical task, it is an essential skill for managing funds responsibly.

Conclusion

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Learn how to check Ethereum (ETH) transactions step by step. Understand confirmations, fees, and tools like Etherscan.

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<h1>What is Ethereum (ETH)?</h1>If you're familiar with the realm of cryptocurrencies, you might not be aware of the optimal platform to purchase Ethereum, but chances are, you've encountered this prominent digital asset.For newcomers, Ethereum stands as one of the leading and most recognized cryptocurrencies globally, boasting a market capitalization of $480 billion as per <a href="https://coinmarketcap.com/currencies/ethereum/">CoinMarketCap</a>, and a crypto price hovering around $4000. In just 2 2-month period time Assets price has increased by 60%.&nbsp;In this article, we'll provide comprehensive guidance on acquiring Ethereum seamlessly and conveniently, streamlining the process to eliminate unnecessary steps.

What is Ethereum (ETH)?

<h2>Where to Buy Ethereum Online?</h2>To purchase cryptocurrencies online from the comfort of your home, you'll require the assistance of cryptocurrency exchanges like Cryptal, Coinmania, Mycoins, among others.A crypto exchange serves as a platform that facilitates transactions between individuals looking to buy and sell cryptocurrencies, offering a secure environment for exchanging coins for GEL or vice versa.Signing up on crypto exchanges is straightforward and akin to <a href="https://cryptal.com/en/blog/How-to-Register">registering</a> on other online platforms. However, it's essential to note that to purchase and store cryptocurrencies, you'll need a <a href="https://cryptal.com/en/blog/crypto-wallet-explained-with-daily-terms">crypto wallet</a>.When buying Ethereum, you'll require an Ethereum crypto wallet. Just like GEL has a corresponding GEL account, and the US Dollar has a Dollar Account, each coin or token necessitates its own wallet. For instance, a Bitcoin wallet is solely for storing Bitcoin, a Litecoin wallet for Litecoin, and so forth.<a href="https://cryptal.com/en">Cryptal</a> emerges as the optimal choice for purchasing and storing Ethereum in the market due to its low fees and user-friendly procedures for acquiring crypto. Below, we'll delve into the various methods of purchasing crypto.

Where to Buy Ethereum Online?

<h3>Buying Ethereum: Convert</h3><img src="https://landing-back-static.cryptal.com/image_c246fda537.png">At Cryptal, you can swiftly purchase cryptocurrencies using the <a href="https://cryptal.com/ex/convert/ETH-TOUSD">Convert</a> feature, ensuring instant acquisition of Ethereum without any delays or waiting periods.The process is straightforward: you specify the cryptocurrency you wish to purchase, whether it's Bitcoin, Litecoin, or in our case, Ethereum (ETH).Next, you designate the currency with which you'll be buying crypto, whether it's GEL (TOGEL), Dollar (TOUSD), Euro (TOEUR), or another option.Finally, you input the desired amount of crypto you want to purchase and simply click "buy". Your chosen cryptocurrency will then be promptly credited to your wallet, ensuring seamless and immediate access to your Ethereum holdings.How to Buy Crypto Step-by-step?<ul style="list-style-type:disc;"><li>Enter Cryptal</li><li>Click on <a href="https://cryptal.com/ex/convert/ETH-TOUSD">Buy Crypto</a></li><li>Choose Ethereum&nbsp;and TOUSD</li><li>Indicate Fiat&nbsp;and Crypto Amounts</li><li>Click Buy</li></ul><figure class="image"><img src="https://landing-back-static.cryptal.com/Ethereum_ENG_b574a4ef72.gif"></figure>&nbsp;What are the Benefits of Convert?<ul style="list-style-type:disc;"><li>It’s Easy – You can Buy Cryptocurrency in a few Clicks</li><li>It’s For Beginners&nbsp;– If it’s your first time buying Crypto, Convert is just for you</li><li>It’s Fast&nbsp;– You acquire Crypto Instantly, without any delay</li></ul>

Buying Ethereum: Convert

<h3>Buying Ethereum: Spot Trading</h3><img src="https://landing-back-static.cryptal.com/image_ef2e04f407.png">Utilizing the <a href="https://cryptal.com/ex/ETH-TOUSD">Spot Trade</a> feature on Cryptal empowers users to purchase Ethereum at the most favorable price, functioning as a meeting ground for crypto buyers and sellers to exchange digital assets and fiat currency.For Instance: When you enter Spot Trading, you specify your desired transaction - the amount of Ethereum you wish to purchase and at what price. This action is termed as placing an Order. For instance, you might indicate that you want to buy 1 Ethereum and are willing to pay $3900 in return. If a seller is willing to accept your offered price, the trade will be executed.It's important to note that the Spot Trade feature caters more to experienced users, although newcomers can also explore Cryptal as the platform offers simplicity and clarity.Furthermore, Spot Trade incorporates two additional functions to assist users in their buying and selling endeavors:A. Market Order: This function automatically secures the best available price on the exchange at that moment, ensuring optimal Order Placement.B. Limit Order: With this function, you have the flexibility to manually set the maximum and minimum price limits for Ethereum that you're willing to pay and find acceptable, providing greater control over your transactions.&nbsp;What are the Benefits of Spot Trade?<ul style="list-style-type:disc;"><li>It’s Profitable –&nbsp;While Buying Ethereum on Spot Trade you are able to obtain the assets at a better price than the average</li></ul>

Buying Ethereum: Spot Trading

<h3>Buying Ethereum: Fiat Money (USD)</h3>Are you aware that purchasing cryptocurrency with cash is also possible, facilitated by the <a href="https://cryptomat.com/en">Cryptomat</a> crypto machine?The Cryptomat resembles a traditional bank ATM in both its appearance and functionality, often referred to by users as a Bitcoin ATM, despite its ability to handle both crypto purchases and sales.These machines are conveniently located in various prominent shopping centers and stores across Georgia, providing easy access for individuals looking to engage in cryptocurrency transactions using cash.How to Buy Ethereum using Fiat Money (USD)?<ol><li>Choose Desired Cryptocurrency – Ethereum (ETH)</li><li>Scan Crypto Wallet Address – QR Code</li><li>Choose the amount of Ethereum (ETH)</li><li>Insert Cash in Crypto Machine</li><li>Click Send Coins</li></ol>&nbsp;Congrats! You just bought Ethereum and it will be transferred into your wallet in minutes and for confirmation, you will receive the receipt.&nbsp;<figure class="media"><oembed url="https://www.youtube.com/watch?v=qcOYU0Qq4P8"></oembed></figure>&nbsp;What are the Benefits of Cryptomat?<ul style="list-style-type:disc;"><li>Fiat – You can Buy Ethereum and other cryptocurrencies using Fiat Money (USD)</li><li>Anonymity&nbsp;– You are able to Purchase Ethereum with Complete Anonymity</li></ul>

Buying Ethereum: Fiat Money (USD)

<h2>How to Top-up Balance for Buying Ethereum?</h2>To engage in online crypto purchases through features like Convert or Spot Trade, it's imperative to have fiat currency readily available in your crypto balance.Topping up your account is a straightforward process, achievable through two primary methods: Bank cards (Visa/MasterCard) and <a href="https://cryptal.com/en/blog/how-to-top-up-balance-on-cryptal">Wire Transfers</a>.Cryptal supports payments in Georgian Lari, alongside US Dollars and Euros, denoted as TOGEL, TOUSD, and TOEUR respectively on the platform. This enables users to seamlessly transact with their preferred currency, enhancing convenience and accessibility on the platform.<figure class="image"><img src="https://landing-back-static.cryptal.com/English_landing_Cryptal_Depositing_Money_From_Bank_Card_cd14353e51.gif"></figure>

How to Top-up balance for Buying Ethereum?

<h2>How to Check for Ethereum Transaction?</h2>In the event of a delayed <a href="https://cryptal.com/en/blog/how-to-check-ethereum-transaction-id">Ethereum transaction</a> or if the Ethereum purchased is not yet visible in your wallet, it's crucial to verify the transaction status.<a href="https://etherscan.io/">Etherscan</a> serves as an Ethereum transaction verification platform, enabling users to track the progress of their transferred cryptocurrency, including the number of verification steps it has undergone and the remaining process.Simply locate the field labeled "The Ethereum Blockchain Explorer," enter your transaction ID, and you'll receive comprehensive details regarding your crypto transaction, aiding in resolving any potential issues or concerns.

How to Check for Ethereum Transaction?

<h2>Summary: if you want to Buy Ethereum (ETH)</h2>When looking to Buy Ethereum, several crypto exchanges like Cryptal, Binance, Mycoins, and Coinmania offer their assistance.However, Cryptal stands out for providing the most favorable conditions, both in terms of fees and the simplicity of the transaction process.On Cryptal, you have two options for buying crypto: Convert and Spot Trade, each with its unique benefits. Conversion ensures instant transactions and is tailored for novice users, while Spot Trade offers the best market prices and caters to relatively experienced users.If you need to replenish your balance for purchasing Ethereum, fret not; the process is straightforward. You can swiftly deposit Georgian Lari (GEL) into your Cryptal account within seconds using your Bank of Georgia or TBC Bank card.

Summary: if you want to Buy Ethereum (ETH)

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If you want to Buy Ethereum and don’t know where or how to start, here, in this blog we will show you a step-by-step guide on buying the cryptocurrency with the lowest fees.

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Buying Ethereum - Detailed Instruction

<h2>What you'll see in the blog: Ethereum Smart Contracts - Who Made It, How It Works, and How to Use It?</h2>

Ethereum has unveiled an entirely fresh realm of innovative technologies and an unparalleled user encounter. Automated distribution, intelligent online marketplaces, monitoring of medical records, and even a server-less internet have been made possible through this groundbreaking platform.

The transformative impact of smart contracts on our lives may not be immediately visible, but they have the power to remove barriers and enhance transparency in various types of transactions. While the concept of Smart Contracts was initially introduced in 1994, it has now found its rightful place within the realm of public ledgers. How exactly are smart contracts evolving and shaping a world without intermediaries? In this blog, we delve into the fundamental principles of smart contracts and explore their practical implementation in real-life scenarios.

<h2>What are Smart Contracts and what are they used for?</h2>

A smart contract represents a computer code-based agreement between two individuals or parties. Executed on the blockchain, it ensures that the code remains unalterable. This contract is designed to automatically execute when specific predetermined conditions are fulfilled. By leveraging the immutability and transparency of blockchain technology, smart contracts enable secure and trustless transactions between parties involved.

To better understand the working principle, let’s dive into the example:

In a scenario where one person intends to purchase another person's house and wishes to utilize a Smart Contract for cost savings, the following process can be employed.

Both parties mutually agree and draft a Smart Contract specifying that upon the transfer of 500 Ethereum from the first person's digital wallet to the second person's digital wallet, the ownership of the house will automatically be transferred. Subsequently, this Smart Contract is deployed onto the blockchain, ensuring complete protection from external influences.

Alternatively, if the two parties opt for traditional methods without utilizing smart contracts, they would require an intermediary such as a bank, a government entity, or one of its affiliated organizations to facilitate the agreement. This intermediary would be responsible for overseeing the transaction and ensuring its compliance with legal and financial regulations.

The efficiency of Smart Contracts is attributed to the underlying technology of blockchain. While blockchain is commonly associated with cryptocurrencies, its utility extends beyond that realm. It can be leveraged in various sectors and activities that involve the need for agreements, including but not limited to real estate transactions, healthcare services, and more.

<h2>Who created Smart Contracts?</h2>

The concept of Smart Contracts was indeed initially introduced by Nick Szabo, a prominent computer scientist from the United States, in 1994. Szabo's visionary idea laid the foundation for the development of Smart Contracts as we know them today. However, due to the lack of a suitable technological environment at that time, his concept could not be fully implemented.

Before inventing blockchain technology, Nick Szabo described the whole working principle in his book ‘Smart Contracts: Building Blocks for Digital Free Market’ in 1996.

With the emergence of blockchain technology in 2009, smart contracts transitioned from conceptual ideas to practical applications. The introduction of blockchain provided the necessary infrastructure to implement and execute smart contracts efficiently. This technology has revolutionized various industries by streamlining processes and eliminating the need for intermediaries.

<h2>How Do Smart Contracts Work?</h2>

In a blockchain system, a user deposits a specified quantity of cryptocurrency into a smart contract, resulting in the desired item being transferred to their account. The user has the ability to define the conditions, regulations, and additional specifics necessary for the successful execution of the smart contract.

Therefore, users can predetermine the conditions. Smart contracts have several unique features:

Multi-Signature: This implies that the funds are expended solely when the predetermined percentage of individuals reach a consensus.

Utility to Other Smart Contracts: Smart contracts can exhibit interdependence, where the execution of one contract triggers the initiation of the subsequent contract.

Store Information: When a contract is made or executed, it is stored immutably in the blockchain as history.

To execute a smart contract, the user is required to compose a code in Solidity or Vyper programming languages and possess an adequate amount of ETH coins to deploy the contract. Technically, the deployment of the contract involves initiating an Ethereum transaction.

<h2>What do Smart Contracts give us?</h2>

As you may have guessed, smart contracts are a step forward in technology, specifically they give us the following advantages:

• Smart Contracts effectively address the problem of trust, since they are automatically activated according to predefined conditions.

• Smart contracts operate based on the IF-THEN principle, providing a mechanism that ensures the thorough execution of the process. IF A happens, THEN B follows.&nbsp;

In addition, one of the main factors is the absence of a third party in the agreement. This allows users to save time and money.

<h2>How Smart Contracts are used in Real Life?</h2>

There are numerous approaches to implementing smart contract technology, and its widespread adoption began around 2016-2017. This technology finds application in various financial services, including money transfers and loan payments.

Nevertheless, the potential applications of smart contract technology are virtually limitless. It can be employed in diverse sectors such as insurance, legal processes, healthcare systems, logistics, government operations, real estate, and many more.

Insurance:&nbsp;AXA, a French insurance company, conducted initial trials of flight-delay insurance utilizing smart contracts. Under this system, if a flight experiences a delay beyond a predetermined timeframe, the customer is automatically compensated.

Government:&nbsp;Smart contracts enhance the voting system by introducing ledger-protected votes that can only be decrypted using significant computational power. This ensures the security and integrity of the voting process.

Banking Sector:&nbsp;The world-famous Spanish bank BBVA issued the first 75 million loan using a smart contract.

<h2>Summary: Smart Contracts – Technology of the Future</h2>

Smart contracts represent a remarkable technological revolution that is increasingly permeating our everyday lives.&nbsp;

While there are aspects that require further refinement, once perfected, they have the potential to become the technology of the future. Smart contracts offer individuals the assurance of security and efficiency while significantly reducing the costs associated with intermediaries.&nbsp;

Over time, smart contracts will become integral to daily operations, similar to how banks introduced digital products for their customers in the past.

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Have you often heard of smart counters but don't know what they are? In this blog we will tell you simply what it is and how it works

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Simply: Ethereum’s Smart Contracts

ETH is the native currency of the Ethereum blockchain, used for transactions and smart contracts.&nbsp;

Buy ETH on Cryptal using Visa/Mastercard, trading, or Convert.&nbsp;

How can I buy ETH?

It powers DeFi, NFTs, smart contracts, and thousands of dApps.&nbsp;

Why is Ethereum important?

Yes, ETH reacts strongly to ecosystem demand.&nbsp;

Is ETH volatile?

Yes. ETH can be withdrawn to ERC-20 wallets.

Can I withdraw ETH?

Frequently Asked Questions about Ethereum (ETH)

Buying Ethereum (ETH) on Cryptal is easy, secure, and ideal for users who want access to one of the most important assets in the digital economy.

Sign up on Cryptal and complete verification to protect your account and enable ETH transactions.

Registration & Verification

Top up with GEL, USD, or EUR through Visa/Mastercard, wire transfer, or cash. Once funded, your balance is ready to Buy ETH instantly.

Top Up Your Balance

<ul><li>Direct card purchase to Buy Ethereum instantly;</li><li><a href="https://cryptal.com/ex/convert/ETH-TOUSD">Convert</a> to swap any supported currency for ETH with one click;</li><li>Spot Exchange to trade at the real-time ETH Price.</li></ul>

Buy Ethereum

How to Buy Ethereum on Cryptal

Tether (often called by its short code USDT) is a cryptocurrency with tokens issued by Tether Limited, which in turn is controlled by the owners of Bitfinex. Tether is the most popular stablecoin, as it was originally designed to always be worth US$1.00, maintaining $1.00 in reserves for each tether issued.

Bitcoin (BTC or ₿) is a cryptocurrency and a digital payment system invented by an unknown programmer, or a group of programmers, under the name Satoshi Nakamoto. It was released as open-source software in 2009. The system is peer-to-peer, and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes and recorded in a public distributed ledger called a blockchain. Since the system works without a central repository or single administrator, bitcoin is called the first decentralized digital currency.&nbsp;

Litecoin (LTC or Ł) is a peer-to-peer cryptocurrency and open-source software project released under the MIT/X11 license. Litecoin was an early bitcoin spinoff or altcoin, starting in October 2011. In technical details, Litecoin is nearly identical to Bitcoin. It is a source code fork of the Bitcoin Core client, differing primarily by having a decreased block generation time (2.5 minutes), increased maximum number of coins, different hashing algorithm (scrypt, instead of SHA-256), and a slightly modified GUI.Litecoin was released via an open-source client on GitHub on October 7, 2011. The Litecoin network went live on October 13, 2011.&nbsp;

Ethereum is a decentralized, open-source blockchain with smart contract functionality. Ether (ETH or Ξ) is the native cryptocurrency of the platform. Among cryptocurrencies, Ether is second only to Bitcoin in market capitalization. Ethereum was conceived in 2013 by programmer Vitalik Buterin. In 2014, development work commenced and was crowdfunded. The network went live on July 30, 2015. In September 2022, Ethereum's blockchain converted to Proof-of-Stake validation.&nbsp;Additionally, many other cryptocurrencies operate as ERC-20 tokens on top of the Ethereum blockchain and have utilized the platform for initial coin offerings, as do many NFTs and other smart contract projects.

Solana launched in 2017 during the ICO boom. Its first goal was to minimize the time it took to validate transactions, leading to its novel Proof-of-History algorithm.SOL is the native currency on the Solana blockchain and was released to the public in May 2020.&nbsp;

Aave (which means “ghost” in Finnish) was originally known as ETHLend when it launched in November 2017, and was renamed Aave in September 2018. It was one of the first crypto lending platforms to appear and currently has more than $12 billion in total value locked.

Cardano is a public blockchain platform. It is open-source and decentralized, with consensus achieved using proof of stake. It can facilitate peer-to-peer transactions with its internal cryptocurrency, Ada.Cardano was founded in 2015 by Ethereum co-founder Charles Hoskinson. The development of the project is overseen and supervised by the Cardano Foundation based in Zug, Switzerland. It is the largest cryptocurrency to use a proof-of-stake blockchain, which is seen as a greener alternative to proof-of-work protocols.

AXS is the governance token of the Axie Infinity ecosystem, giving holders rights to participate in votes and decide how funds are spent. Axie Infinity is a trading and battling game that allows players to collect, breed, raise, battle, and trade creatures known as "axies" (characters based on axolotl), which are digitized as NFTs. New players need to purchase at least three axies to begin playing. The game uses a "pay-to-earn" model (also called "pay-to-play-to-earn" model) where participants can earn a token which is traded on Binance as an Ethereum-based cryptocurrency.&nbsp;&nbsp;

Bitcoin Cash is a fork of Bitcoin that aims to be a true peer-to-peer electronic cash system. Bitcoin Cash was created in 2017 and features fast payments, low fees, privacy, and high transaction capacity.

BNB is the dedicated token for Binance exchange, issued on its own blockchain. It is an integral part of the BNB ecosystem and its subprojects.

Chiliz is a popular digital currency used for sports and entertainment fan clubs operated on the Socios platform. When fans purchase CHZ, they gain access to fan tokens and can claim a stake in their club.&nbsp;

The Compound mainnet launched in September 2018, and has become extremely popular due to its open and flexible lending platform. It currently has more than $8 billion in total value locked.

Dai (or DAI) is a stablecoin cryptocurrency that aims to keep its value as close to one United States dollar (USD) as possible through an automated system of smart contracts on the Ethereum blockchain. Dai is maintained and regulated by MakerDAO, a decentralized autonomous organization (DAO), who may vote on changes to certain parameters in its smart contracts in order to ensure the stability of Dai.Together, Dai and MakerDAO are considered the first examples of decentralized finance to receive significant adoption.

Dogecoin is a cryptocurrency forked from Litecoin in 2013 and based on the popular Doge internet meme.&nbsp;

The Graph is an indexing protocol that queries blockchain data from networks such as Ethereum and the InterPlanetary File System (IPFS). Open APIs, called subgraphs, can be developed by anyone to make data from Graph-supported networks easily accessible. GRT is an ERC20 token used to allocate resources on these networks.&nbsp;

Chainlink is a decentralized blockchain oracle network built on Ethereum. The network is intended to be used to facilitate the transfer of tamper-proof data from off-chain sources to on-chain smart contracts. Its creators claim it can be used to verify whether the parameters of a smart contract are met in a manner independent from any of the contract's stakeholders by “connecting the contract directly to real-world data, events, payments, and other inputs.”LINK is an ERC677 token, an extension of ERC20. According to Chainlink, the trade value derived from these tokens is used to pay node operators for retrieving data from smart contracts, and also for deposits placed by node operators as required by contract creators. Tokens can be stored in any ERC20 wallet, as the ERC677 token retains all the functionality of an ERC20 token.

Decentraland launched its beta in 2019, following its $24 million ICO in 2017, and opened its platform publicly in February 2020. The premise of the platform is to support content creators who are looking for a new artistic medium, opportunity, or simply entertainment.

The Sandbox was launched in 2011 by Pixowl, and was an early pioneer of blockchain-based gaming. Many big-name gaming, entertainment, and sports industry brands have lent their support to the platform, including Atari, Adidas, and Snoop Dogg.

The Shiba Inu token (SHIB) is a decentralized cryptocurrency characterized as a "meme coin" and created by an anonymous person or group known as Ryoshi. It is named after the Shiba Inu (柴犬), a Japanese breed of dog originating in the Chūbu region, the same breed that is depicted in Dogecoin's symbol, itself originally a satirical cryptocurrency based on the Doge meme.&nbsp;Shiba Inu was created in August 2020, dubbing itself the “Dogecoin killer.” On May 13, 2021, Vitalik Buterin donated more than 50 trillion SHIB to the India COVID-Crypto Relief Fund.

Uniswap is a popular decentralized trading protocol that facilitates automated trading of DeFi tokens. UNI is an ERC20 token on the Ethereum blockchain that offers control over the Uniswap protocol governance, the UNI token community treasury, the protocol fee switch (0.05% of the fee would be collected by UNI token holders if activated), eth ENS, Uniswap default token list (tokens.uniswap.eth), and SOCKS liquidity tokens.

USD Coin (USDC) launched in September 2018 as a stablecoin pegged to the U.S. dollar at 1:1 basis. Every USD Coin in circulation is backed by $1 held in reserve, of both cash and short-term U.S. Treasury bonds. The Centre consortium created USDC and it is issued by regulated financial institutions.USD Coin’s mantra is “digital money for the digital age” as allows businesses to accept payments in digital assets, with a goal to create an ecosystem where USDC is accepted by as many wallets, exchanges, service providers and dApps as possible.

Stellar was released in 2014 by Jed McCaleb and Joyce Kim, and originally based on the Ripple protocol.&nbsp;

Ripple (XRP) was founded in 2012 by Jed McCaleb and Chris Larsen. Compared to other cryptocurrencies, Ripple takes much less energy and time to confirm transactions.

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White Paper

Polygon is a layer-2 scaling solution with side-chains for off-chain computation, while ensuring asset security using the Plasma framework and a decentralized network of Proof-of-Stake (PoS) validators. It aims to offer scalable and instant blockchain transactions.&nbsp;MATIC is an ERC20 token used to pay for services on the Polygon Network, but also serves as a settlement currency between users who operate within the Polygon ecosystem.

Terra started in 2018, and its mainnet was launched in 2019. The LUNA token is used to stabilize the Terra protocol's stablecoins, and its holder are able to submit and vote on governance proposals.&nbsp;The Terra blockchain officially halted at block 7607789 in May 2022. The original Terra Chain has been rebranded as Terra Classic (LUNC).&nbsp;

Binance USD (BUSD) launched in September 2019 by Binance and Paxos and is a 1:1 USD-backed stablecoin. The New York State Department of Financial Services (NYDFS) approved and regulates BUSD, and its Monthly Audit Report can be viewed on its official website.&nbsp;Paxos has indicated that 96% of the assets backing BUSD are held in cash and cash equivalents, while 4% are invested in U.S. Treasury bills, as of June 30, 2022.

Fasttoken (FTN) serves as the primary crypto asset of the Bahamut blockchain, a public, EVM-compatible layer-1 network built on a distinctive Proof of Stake and Activity (PoSA) consensus model. Within the Bahamut ecosystem, FTN is essential for powering native and liquid staking, facilitating block validation, and supporting cross-chain interactions. It is also a key asset in the broader Fastex ecosystem, with applications spanning multiple industries, including iGaming and decentralized finance (DeFi) platforms.