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Ethereum Smart Contract in simple words!
A smart contract performs financial actions automatically without the participation of a human person, according to pre-written rules. In other words, it directly sends funds from one wallet to another without the activity of third parties! This is not a person, which means he will not lie and hide with money! This computer algorithm is entered into the Ethereum blockchain and fixed forever.
This situation is familiar! Registration in a particular company, transfer to the personal account of the cabinet, investing in the site (platform), attracting partners, gaining income and a sudden complete closure. Your money remained in the pockets of the administration. On my own experience ( moment 2016 ) I went through the path of earnings and resentment!
By creating capital within the framework of the project for the people of GryptoHands thanks to a smart contract, you will be sure of their safety on the wallet created by you, Ethereum, because the human factor is excluded. Get as much profit as you want.
Ethereum blockchain wallet opening
Since March, Ethereum contracts - direct sending of finance from your wallet to the appline wallet (inviter) without the participation of third parties!
We deposit and withdraw Ethereum wallets using the exchangers presented here .
When transferring funds from an Ethereum wallet, there are fees. They are called gas, gas price, gas limit.
The unit of calculation Gas is used to pay the commission of a particular transaction.
You set the gas price yourself.
The principle is: the higher the price, the faster the transaction. The lower, it means the transaction will go until the load on the Ethereum network decreases.
As I transferred 0.05 ETH , Metamask wallet itself offered the commission, of course, I chose the maximum. We came here for big money?
See the current gas price on the website: https://etherscan.io/gastracker