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51 | 51 | "page-what-is-ether-how-much-does-it-cost-to-send-eth-description-1": "Ethereum transactions require transaction <strong>fees paid in ETH</strong>. The fee is calculated based on the computational work required (measured in 'gas'), and the network's current demand. The price of gas fluctuates with network traffic, making transactions lower-cost during off-peak periods.", |
52 | 52 | "page-what-is-ether-l2s": "Enter L2s: Scaling Ethereum", |
53 | 53 | "page-what-is-ether-l2s-description-1": "As Ethereum's popularity grows, keeping transaction fees low becomes challenging. <strong>Layer 2 (L2)</strong> networks address this issue.", |
54 | | - "page-what-is-ether-l2s-description-2": "L2s like <optimism>Optimism</optimism> and <arbitrum>Arbitrum</arbitrum> offer <strong>10-100x cheaper fees</strong> while inheriting Ethereum's security. They process transactions off-chain and post data to Ethereum.", |
| 54 | + "page-what-is-ether-l2s-description-2": "L2s like <optimism>Optimism</optimism> and <arbitrum>Arbitrum</arbitrum> offer <strong>10-100x cheaper fees</strong> while inheriting Ethereum's security. They process transactions offchain and post data to Ethereum.", |
55 | 55 | "page-what-is-ether-l2s-description-3": "Think of them as express lanes that provide faster, cheaper transactions alongside Ethereum's main highway.", |
56 | | - "page-what-is-ether-l2s-description-4": "L2 <strong>transfers can cost as little as less than $0.01</strong>, bringing Ethereum to millions more users through integrations with companies like Robinhood, PayPal, and Shopify.", |
| 56 | + "page-what-is-ether-l2s-description-4": "L2 <strong>transfers typically cost less than $0.01</strong>, bringing Ethereum to millions more users through integrations with companies like Robinhood, PayPal, and Shopify.", |
57 | 57 | "page-what-is-ether-what-is-the-eth-supply": "What is the ETH supply?", |
58 | 58 | "page-what-is-ether-what-is-the-eth-supply-description-1": "Unlike Bitcoin's fixed 21 million cap, ETH has dynamic supply mechanics:", |
59 | 59 | "page-what-is-ether-what-is-the-eth-supply-description-2": "New ETH is issued to reward network validators at a limited rate calculated by the protocol", |
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84 | 84 | "page-what-is-ether-what-makes-eth-valuable-description-4": "<strong>Store of value</strong>: Many view ETH as \"digital oil\"—a scarce asset with real utility powering the digital economy.", |
85 | 85 | "page-what-is-ether-what-makes-eth-valuable-description-5": "<strong>Supply dynamics</strong>: Fee burning creates deflationary pressure during high usage periods. Since 2021, <ultrasound>millions of ETH have been permanently removed</ultrasound> from circulation.", |
86 | 86 | "page-what-is-ether-what-is-wrapping-eth": "What is wrapping ETH?", |
87 | | - "page-what-is-ether-what-is-wrapping-eth-description-1": "Wrapped ETH (WETH) is an ERC-20 token that represents ETH on a 1:1 basis. Many decentralized apps and L2 networks are built to handle ERC-20 tokens, but native ETH itself is not an ERC-20 token. ‘Wrapping' (locking in a smart contract) ETH, and issuing an ERC-20 representation of that locked ETH (WETH), allows ether to be used across any apps and L2s that can only accept ERC-20 tokens. ", |
| 87 | + "page-what-is-ether-what-is-wrapping-eth-description-1": "Wrapped ETH (WETH) is an ERC-20 token that represents ETH on a 1:1 basis. Many decentralized apps and L2 networks are built to handle ERC-20 tokens, but native ETH itself is not an ERC-20 token. ‘Wrapping' means locking ETH in a smart contract, and issuing an ERC-20 representation of that locked ETH (WETH), allowing it to be used across any apps and L2s that can only accept ERC-20 tokens.", |
88 | 88 | "page-what-is-ether-what-is-wrapping-eth-description-2": "Common uses include:", |
89 | 89 | "page-what-is-ether-what-is-wrapping-eth-description-3": "Trading pairs on decentralized exchanges like <uniswap>Uniswap</uniswap>", |
90 | 90 | "page-what-is-ether-what-is-wrapping-eth-description-4": "Collateral on lending platforms like <aave>Aave</aave>", |
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