Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference.
AXS is a decentralized application (DApp) that runs on the Ethereum network. AXS allows users to buy, sell, and trade digital assets in a secure and transparent manner.
NOTE: WARNING: Be aware that there is no guarantee of security or reliability when using Ethereum to purchase AXS tokens. Ethereum is a decentralized, open source platform, and therefore is vulnerable to scams, hacks, and other malicious activities. Additionally, due to the nature of blockchain technology, transactions are irreversible and may not be refundable. Please use caution when engaging in any Ethereum-related activity.
AXS is built on the Ethereum blockchain and utilizes smart contracts to enable secure and efficient transactions. AXS is also integrated with the Kyber Network, which allows users to convert between different digital assets.
The AXS DApp is available for use on the Ethereum mainnet. The AXS team is currently working on adding support for other blockchains, such as Bitcoin and EOS.
Yes, AXS is on Ethereum.
8 Related Question Answers Found
Ethereum PoW vs PoS
The Ethereum network offers two different ways to validate transactions and create new blocks: proof-of-work (PoW) and proof-of-stake (PoS). In PoW, miners compete against each other to validate transactions and create new blocks, and are rewarded with ETH for their efforts. In PoS, validators stake their ETH to validate transactions and create new blocks, and are rewarded with a portion of the transaction fees.
When it comes to Ethereum, the big question on everyone’s mind is whether or not the network will be moving to a proof of stake model. Currently, Ethereum uses a proof of work model, which is the same model that Bitcoin uses. However, there are a few key differences between the two models.
Emax is a smart contract platform that enables the development and deployment of decentralized applications (dApps). It is built on the Ethereum blockchain and utilizes the ERC-20 token standard. Emax is not part of Ethereum, but rather a separate project that is built on top of Ethereum.
As of late, Ethereum has been on an absolute tear. The price of ETH has surged from around $100 at the start of 2017 to nearly $1,400 at the time of writing. That represents a gain of over 1,200% in less than a year!
Ethereum Classic is an open-source, public, blockchain-based distributed computing platform featuring smart contract (scripting) functionality. It supports a modified version of Nakamoto consensus via transaction-based state transitions. Ethereum Classic is a continuation of the original Ethereum blockchain – the classic version preserving untampered history; free from external interference and subjective tampering of transactions.
The rise of Ethereum has been nothing short of meteoric. In the space of just a few years, it has gone from being a little-known cryptocurrency to one of the most talked-about assets in the world. And, as Ethereum’s price continues to surge, many are wondering if we are in the midst of a “bull run”.
In recent years, cryptocurrency and blockchain technology have become increasingly popular. As a result, a growing number of businesses are beginning to explore the use of this technology. One such business is Top Shot, a digital collectibles platform that allows users to purchase, trade, and sell virtual basketball collectibles.
If you were to ask someone whether XRP is built on Ethereum, you would likely get a variety of different answers. Some people might say yes, while others might say no. So, which is it?
