Ethereum Wallets Explained Simply (Smart Contracts, Gas, Transactions) [8c8y3EIj9N9]

Ethereum Wallets Explained Simply (Smart Contracts, Gas, Transactions) [8c8y3EIj9N9]

| 1h 28m 28s | Video has closed captioning.

Start trading Ethereum here: Ethereum wallets allow you to hold Ether as well as to write smart contracts. Beginners will be better off using wallets that do not allow smart wallet functionality as they are much simpler to use. The best Ethereum wallets for beginners are: Ledger TREZOR MyEtherWallet (MEW) Exodus Edge If you are looking for a smart contract wallet (also known as a full node) take a look at Mist. Gas is the unit used to measure how much transaction fee you'll need to pay. It is calculated according to the complexity of your requested action and the traffic across the Ethereum network. 00:33 - Ethereum wallets in a nutshell 01:03 - Ethereum vs. Bitcoin 01:40 - Ethereum accounts 02:58 - Ethereum transactions 3:55 - Ethereum wallet types 07:11 - Ethereum units 07:52 - Gas and fees 11:52 - Ethereum fees summary 12:10 - Conclusion For the full text version including wallet reviews visit our site: Join our 7-day Bitcoin crash course absolutely free: Learn ANYTHING about Bitcoin and cryptocurrencies on our channel: Get the latest news and prices on your phone: iOS - Android - See anything we haven't covered? Leave us a comment in the comment section below #best crypto 2025 #revoke crypto