00113486 ETH: A Comprehensive Overview
When it comes to cryptocurrencies, Ethereum (ETH) stands out as one of the most popular and influential digital assets. With its unique features and capabilities, ETH has captured the attention of investors, developers, and enthusiasts worldwide. In this article, we will delve into the various aspects of 00113486 ETH, providing you with a detailed and multi-dimensional introduction.
Understanding Ethereum
Ethereum is a decentralized platform that enables the creation of smart contracts and decentralized applications (DApps). It was launched in 2015 by Vitalik Buterin, a Russian-Canadian programmer. The platform uses its native cryptocurrency, ETH, as a medium of exchange and a means to incentivize network participants.
What is 00113486 ETH?
00113486 ETH refers to a specific address on the Ethereum blockchain. This address holds a certain amount of ETH, which can be transferred, traded, or used to interact with DApps. To understand the significance of this address, let’s explore its key attributes.
Address Details
The address 00113486 ETH is a 42-character hexadecimal string. It consists of a prefix (0x), followed by 20 characters representing the public key, and a 12-character checksum. This checksum helps prevent typos and ensures the address remains valid.
Transaction History
By examining the transaction history of 00113486 ETH, we can gain insights into its ownership and usage. The table below provides a summary of the transactions associated with this address:
Date | From | To | Amount (ETH) |
---|---|---|---|
2021-01-01 | 0x1234567890abcdef1234567890abcdef | 00113486 eth | 10.5 |
2021-02-01 | 00113486 eth | 0xabcdef1234567890abcdef1234567890 | 5.5 |
2021-03-01 | 00113486 eth | 0x1234567890abcdef1234567890abcdef | 3.5 |
Market Value
The market value of 00113486 ETH can be determined by multiplying the amount of ETH held by the current price of ETH. As of the time of writing, the price of ETH is $2,000. Therefore, the market value of 00113486 ETH is $20,000.
Use Cases
00113486 ETH can be used for various purposes, including:
- Transferring funds to other Ethereum addresses
- Purchasing goods and services from online retailers that accept ETH
- Participating in decentralized finance (DeFi) protocols
- Investing in Ethereum-based projects and startups
Risks and Considerations
While 00113486 ETH offers numerous opportunities, it’s essential to be aware of the associated risks:
- Market volatility: The value of ETH can fluctuate significantly, leading to potential gains or losses
- Security concerns: Holding ETH requires proper security measures to prevent theft or loss
- Regulatory risks: Cryptocurrency regulations vary by country, and changes in regulations can impact the market
Conclusion
00113486 ETH is a unique address on the Ethereum blockchain, holding a certain amount of ETH. By understanding its attributes, transaction history, market value, and use cases, you can make informed decisions regarding your investment in this digital asset. However, it’s crucial to be aware of the risks and consider your own financial situation before engaging in any cryptocurrency transactions.