Ethereum Valve

This Faucet Requires Faucetpay Wallet to claim


Recent Payouts

User Reward Date
0x66487B23a54eBe70F3b67Ffcc04693c76C96eBb14 satoshi2022-03-29 05:44:44
0x16055770946164b6af81B6c92C4268DB68D4d76F6 satoshi2022-03-29 05:44:17
0x16382073b28087Da6b503D215B39388659a6f2a25 satoshi2022-03-29 05:32:09
0x51d2e50304f9e4de685a1cdf3698c5135c7852587 satoshi2022-03-29 05:25:52
0x51d2e50304f9e4de685a1cdf3698c5135c7852584 satoshi2022-03-29 05:19:02
0x66487B23a54eBe70F3b67Ffcc04693c76C96eBb12 satoshi2022-03-29 05:01:49
0x66487B23a54eBe70F3b67Ffcc04693c76C96eBb15 satoshi2022-03-29 04:55:54
0x66487B23a54eBe70F3b67Ffcc04693c76C96eBb12 satoshi2022-03-29 04:42:10
0x16055770946164b6af81B6c92C4268DB68D4d76F4 satoshi2022-03-29 04:39:28
0x8Fc40067AA2d5EDD3d97f6ca747509D59Cb32AF96 satoshi2022-03-29 03:51:29

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 gwie, 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 bitcoin, but the amount will typically fluctuate according to the value of bitcoin.

Faucets are a great way to help introduce new people to bitcoin, 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