View Ether transactions live

Ethviewer.live is the type of visual pages you can view for hours, you learn with the different things that are represented, and enjoy how they move.

Last weekend had the opportunity to discover this place with a group of people that were explaining me the details about:

  • How the transactions are validated,
  • how the blocks are completed,
  • how the nodes are connected and how they are mining.
  • why some blocks are discarded and the transactions moved to other blocks.
  • how the transactions with more gas are managed with more priority,
  • etc.

To me, to understand the dynamics of a block chain, this is now the best visual reference I know.

Ethviewer

Ethviewer

Wei

Ether is a fundamental cryptocurrency for operation of Ethereum, which thereby provides a public distributed ledger for transactions. It is used to pay for gas, a unit of computation used in transactions and other state transitions.

A wei is a fraction of an ether:

  • 1: wei
  • 10^3: Kwei
  • 10^6: Mwei
  • 10^9: Gwei
  • 10^12: szabo
  • 10^15: finney
  • 10^18: ether

Where can I see what miners are accepting?

You can visit https://ethgasstation.info/ and obtain that information from there.

You can also calculate the cost of a transaction (TX) on https://ethgasstation.info/calculatorTxV.php

Ether gas calculation

Metronome (MTN)

Metronome (“MTN”) is one of the crypto currencies that will be launched at the end of

2017. They define themselves as first cross-blockchain cryptocurrency, making decentralization possible and delivering institutional-class endurance.

 

The goal

Reading some articles from founder (Jeff Garzik) it enable the users to jump from one currency to others, so an individual can avoid the volatility of a currency moving the assets to other currency.

Applying the tragedy of commons principles, if everybody changes their positions from one currency to other, doesn’t it increase the volatility?

Target launch

First try was for the end of 2017. It was finally postponed.

It’s scheduled for March 2018, but today (March 16th) there is still not final date announced.

Today, March 28th the launch is rescheduled for May 2018.