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eth faucet

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Recent Payouts

User Reward Date
0x125179D8B30E9AFebae2a6a190795CaA29509cE86 gwei2021-10-24 22:24:41
0xB70CAc64785eDb05D6322DbBaDA37530a9d74E596 gwei2021-10-24 22:24:32
0xbc35512f154793228BE5935D5E03311D6F11D6286 gwei2021-10-24 22:24:09
0x4bDe8dB35F8ca3d1F2a3d3b2ebF9e0F1C1f5a16A8 gwei2021-10-24 22:24:01
0xd708be252b4f4f9e48430ae640382b8f6dbdcdd66 gwei2021-10-24 22:23:52
0x3647DeC00bA21466d84fA2a9d55d74127a27569D6 gwei2021-10-24 22:23:25
0x7c2486dfD0a6AEA838d8FC420d474c297D57D0f46 gwei2021-10-24 22:23:20
0x188cAA9caBdf16927d42004b5a59330e9Ba5a17e6 gwei2021-10-24 22:23:03
0xa2B1b3146Ba0d95d3c94722a30896447a86e54266 gwei2021-10-24 22:22:54
0x14c6BbCf7F252DF5F638dF30DC51251B85D231f36 gwei2021-10-24 22:22:49

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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