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eth faucet

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Recent Payouts

User Reward Date
0x3084d5770c08997069f8248b6949c4425BcC93716 gwei2021-09-24 18:23:13
0xe8f1903AA1e2aA99c3b2ADC9Efa734f1e53602296 gwei2021-09-24 18:19:59
0x3084d5770c08997069f8248b6949c4425BcC93716 gwei2021-09-24 18:11:04
t1dZ2K8w8CcWMsSu69kjA4M1cC2W98GQnhG6 gwei2021-09-24 18:05:46
0xFA2bE392998432B3Dc0b424b71e007EAD406F72E6 gwei2021-09-24 18:05:06
bc1q3dh4q8fjn5qknf7rsef7hvnt8geu29ktdfad8a6 gwei2021-09-24 18:02:13
D5uuev1jp2s41dZNbDmsTYvWkX2Es4NENA6 gwei2021-09-24 18:01:52
0xd5F99A1A749952F3F20b0a8a6b47abF04769BE546 gwei2021-09-24 17:59:45
0xFA2bE392998432B3Dc0b424b71e007EAD406F72E6 gwei2021-09-24 17:56:22
D5uuev1jp2s41dZNbDmsTYvWkX2Es4NENA6 gwei2021-09-24 17:53:10

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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