ETH Deployed on SmashCash Platform

Since July, SmashCash has been enormously broadening its presence on new blockchains. Our protocol is already deployed on Binance Smart Chain and Polygon.

We are immensely glad to inform you that our sojourn isn’t complete yet. SmashCash is on the roll to the next stop ETH.

As we write this article, SmashCash smart contracts are ready to join ETH. By getting deployed on ETH, SmashCash will be part of an extensive and popular blockchain network known by some people as “Cryptocurrency” itself.

Join us to welcome the ETH token as a pool on SmashCash.

Ethereum is an account-based blockchain consisting of external accounts, which are controlled by a user’s private keys, and contract accounts, which are managed by contract code. External contracts can create and sign messages to send to both types of accounts, while contract accounts can only execute transactions automatically in response to a message they have received. The latter are what are known as smart contracts and enable the programmability of decentralized applications (dApps).

We look forward to your support and we will improve our product offering based on your valuable input.

We would like to give you a brief snippet about the Ethereum(ETH) blockchain.

Why Ethereum(ETH)?

Vitalik Buterin conceived Ethereum in 2013, after what he perceived as limitations in the functionality of Bitcoin’s scripting language, namely the lack of Turing completeness. Ethereum’s mainnet launched in July 2015, with the first live release known as Frontier.

The heart of the Ethereum blockchain is known as the Ethereum Virtual Machine (EVM), which is the part of the protocol that executes transactions. It is a Turing complete virtual machine featuring a specific language “EVM bytecode,” typically written in a higher-level language called Solidity.

Ethereum adopted Ethereum Request for Comment (ERC) 20 in late 2015 as a standard for Ethereum smart contracts to issue tokens on the platform. The majority of tokens built on Ethereum are ERC-20 compliant.

Scalability is a known limitation for the current state of Ethereum. Hence, Ethereum is in the process of transitioning to ETH 2.0. This means it will transition from Proof-of-Work to Proof-of-Stake and feature a sharding architecture.

While Bitcoin is used as a pure digital currency that is popular as a store of value, Ethereum’s smart contract capability makes it a programmable platform. Ethereum Smart contracts allow developers to build applications and other cryptocurrencies on Ethereum’s network. This makes this platform the most sought after in the DeFi industry.

SmashCash will greatly benefit from its association with the Ethereum blockchain due to its extensive use.

Ethereum(ETH) Metrics📈

Ethereum blockchain records on an average 457K transactions per day and has a liquid supply of 115,996,708.

Ethereum blockchain can process as much as 20 transactions per second (TPS).

Ethereum has a reported market capitalization of $415 Billion and a liquid market cap of $408 Billion.

Ethereum has the maximum number of Dapps running on its platform estimated at over 3000 Dapps.

Ethereum has a reported daily transaction volume of $8.1 Billion.

We would like to show you a statistic of the Ethereum(ETH) price over one year period.

We urge you to join us at our Telegram group and follow our Twitter handle to know more about SmashCash.

Get in before it's too late!