Ethereum (15): Wallet, aether, Gas introduction

Source: Internet
Author: User
Tags comments
online wallets, paper money packs and offline storage

This is just a link and description of the distribution center. Please convert it from list mode to ecosystem. Here's an example that might explain paranoid practices and list potential risks.

Mist ethereum Wallet Download version Mist ethereum Wallet Developer Preview-Basic blog post How to simply set up Ethereum mist wallet. -Tommy Economics Tutorial

Kryptokit Jaxx Jaxx main website Mobile version

Etherwall Etherwall website Etherwall source

Myetherwallet Myetherwallet website myetherwallet source Chrome Extension

Offline storage Consensys refrigerator – based on offline storage with integrated light source wallet and HD wallet Reddit discussion 1 How to set up an offline storage wallet

Hardware wallet Reddit Discussion 2 Reddit discussion 3

Brain Wallet Brain wallet is not safe, please do not use. Https://reddit.com/r/ethereum/comments/43fhb5/brainwallets > Vs https://www.reddit.com/r/ethereum/comments/ 271qdz/can_someone_explain_the_concept_of_gas_in_ethereum/https://www.reddit.com/r/ethereum/comments/49gol3/ can_ether_be_used_as_a_currency_eli5_ether_gas/

Gas is considered a fixed cost for network resources/use. The real cost of sending a deal is consistent, so you don't want gas to be released, generally the currency is unstable. So we issue ethereum, its value changes, but it also performs gas price conversions based on the etheric currency. If the price of the etheric currency goes up, the gas price will be reduced to the etheric currency to keep the gas real cost the same. Gas has a number of related terms: gas cost, gas limit and gas cost. The principle behind gas is to keep the value of each transaction or computational cost stable on the Ethereum network. Gas cost is a static value, is the calculation cost in gas units, the purpose is to maintain the true value of gas, so this cost will be stable. Gas price is the gas cost in another currency or token, such as the etheric currency. In order to maintain gas value stability, gas price is a floating value, if the token or currency costs fluctuate, gas prices will change to maintain the same true value. The gas price is set according to how many users are willing to spend and how many process nodes are willing to accept the equilibrium price. Gas limits are the maximum gas limits that can be used per block, and are considered to be the maximum amount of computational effort, volume, and chunk size, and miners can slowly change this value over time. Gas costs are the gas required to run a particular transaction or program (called a contract). Gas costs for a block can be used to imply computational effort, volume, and chunk size. Gas charges are paid to miners (or secured contractors in POS)  

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.