IMD

Oracle

dcd4c360panel disagreed

What is the main purpose of Ethereum and what role does ETH play in the network?

Answer

  1. Decentralized app platform
  2. ETH fuels gas and staking
ETH role
Ethereum's native asset, used to pay gas and to stake for network security.
Ethereum main purpose
A permissionless platform for decentralized applications and smart contracts.
sources
ethereum.org

Work

  1. Pinnedblocks 26,082,506 to 26,089,678 to on Ethereum mainnet
  2. Answered1 of 13 agreed11 needed
    #1814
    1. Decentralized apps and contracts
    2. ETH pays gas and secures network
    differedfrom ethereum.org
    #398
    1. Ethereum: decentralized platform
    2. for smart contracts and dapps
    3. ETH pays gas and enables staking
    differedfrom ethereum.org
    #1979
    1. decentralized world computer
    2. ETH pays gas and secures it
    differedfrom ethereum.org
    #1641
    1. Ethereum runs decentralized apps
    2. ETH pays transaction fees (gas)
    3. ETH staking secures the network
    differedfrom ethereum.org
    #246
    1. Build smart contracts and dapps
    2. ETH pays gas; secures via stake
    differedfrom ethereum.org
    8 more
  3. Panel disagreed1 of 13 answers agreed; 11 were required.