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eth faucet

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Recent Payouts

User Reward Date
0x623d99f8a01a2833f2b57e79e438beffed1821b86 gwei2021-09-26 12:23:03
0x3084d5770c08997069f8248b6949c4425BcC93716 gwei2021-09-26 12:19:59
0xE6c17C690AAbeFf92aBEaFFf3B4b4900491C5Bbf8 gwei2021-09-26 12:15:59
0x24FAE63B84c09944430885B6BFB3c02F7be4eE8b6 gwei2021-09-26 12:07:11
0x3084d5770c08997069f8248b6949c4425BcC93716 gwei2021-09-26 12:04:04
0x24FAE63B84c09944430885B6BFB3c02F7be4eE8b6 gwei2021-09-26 11:58:30
t1ann1yqLAKwfkasJK9fUjgXpjUUoNAruHW6 gwei2021-09-26 11:56:33
0x01e7fed7241bd059c9c60916cd2cd970803b53906 gwei2021-09-26 11:52:25
qpl4vus7mg7w9e08tswztcee7ds8jn0h3umdypazln6 gwei2021-09-26 11:49:45
0x3084d5770c08997069f8248b6949c4425BcC93716 gwei2021-09-26 11:39:07

What is Ethereum?

Ethereum is an open-source, public, blockchain-based distributed computing platform featuring smart contract functionality. It provides a decentralized Turing-complete virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes. Ethereum also provides a cryptocurrency token called "ether", which can be transferred between accounts and used to compensate participant nodes for computations performed. "Gas", an internal transaction pricing mechanism, is used to mitigate spam and allocate resources on the network.

What is Ethereum Faucet?

Ethereum faucets are a reward system, in the form of a website or app, that dispenses rewards in the form of a gwei, which is a hundredth of a millionth ETH, for visitors to claim in exchange for completing a captcha or task as described by the website. There are also faucets that dispense alternative cryptocurrencies. Rewards are dispensed at various predetermined intervals of time. Faucets usually give fractions of a ethereum, but the amount will typically fluctuate according to the value of ethereum.

Faucets are a great way to help introduce new people to ethereum, or to your favourite altcoin. Many faucets provide information to newbies as well as offering them some free coins so that they can try before they buy, experimenting with a test transaction or two before putting real money on the line. Since this whole area is so new and a bit scary to some people, who perhaps don't quite trust it with their hard earned cash yet, this is a great way to promote digital currency and bring in new users.

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