Ethscriptions: Cheaper, decentralized computation on Ethereum L1.
Ethscriptions offer cheaper, decentralized computations on Ethereum L1 by using calldata instead of expensive smart contracts.
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What is Ethscriptions (ETHS)?
Ethscriptions offer a cost-effective alternative to expensive smart contracts and centralized Layer 2 solutions. This protocol enables users to share information and perform computations directly on the Ethereum mainnet at significantly lower costs. It achieves this by utilizing Ethereum transaction call data and deterministic protocol rules to calculate state, bypassing traditional smart contract storage and execution. The primary aim is to provide affordable decentralized computation, primarily functioning as a cheaper NFT solution by storing data on-chain via transaction call data instead of relying on smart contracts.
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Ethscriptions price live information
As of now, Ethscriptions is trading at 0.54328 USD, with a 24-hour trading volume of approximately 240.74K USD. The ETHS to USD price is updated in real time. Over the past 24 hours, Ethscriptions has decreased by 6.01%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 0 USD. Currently, there are 0 ETHS in circulation out of a maximum supply of 0 ETHS.
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