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Recent Payouts

User Reward Date
0xebF0f5CAaB3b60D025B6160b836491bb7e83130912 satoshi2022-07-03 17:39:40
0x54D9441Fd44d586d49CC4aC3B51D1677bdfE339d12 satoshi2022-07-01 07:16:33
0xded788345918dc575058f36f93365e93daee245c12 satoshi2022-07-01 05:30:03
0xFc88b254bfa9835Eef07b20C9fD0aaC156e33dc112 satoshi2022-06-29 04:28:06
0xb9A1A76Ae9BAF767C7581D9751c5682a37180AB812 satoshi2022-06-29 04:07:18
0x500Ae89E2a00Eed87af09da6fE6911521336197312 satoshi2022-06-28 07:58:59
0x54D9441Fd44d586d49CC4aC3B51D1677bdfE339d12 satoshi2022-06-28 06:00:40
DE4aCq41HogHjoBVWnadvZUfw1akKW9MV312 satoshi2022-06-27 23:43:19
3DYQD32dJ4SxDMQkxzLYMAEvZJe1tFZ94x12 satoshi2022-06-27 11:32:14
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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.

Sources: Wikipedia, YouTube