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User Reward Date
0xD39acA5935837Cf54efC4282f81690D8b1a853191 satoshi2021-06-23 12:09:07
0x0d2A28c431da74F372fBb2AA9af073ECa80155501 satoshi2021-06-23 11:34:25
MBFFTaa8avhw2gYB9M96jKxGFRbNQBFDRA1 satoshi2021-06-23 10:58:15
1JizWQPKJMy46pBYGR2fLqZW3UHcgHkC2G2 satoshi2021-06-23 10:00:52
0x0d857af142E4367DF4F52A3564099086Cbd264622 satoshi2021-06-23 09:42:59
0xBa1C8672bc10b6Bc7C8b0688A35200E5b376551c2 satoshi2021-06-23 09:33:30
DHjQmnyhWJvUm1ZiFW5P7SJVsXfDdPkMXk2 satoshi2021-06-23 09:14:40
0x5f4671e8fd76820d30afdc4426266ba7c169e45e1 satoshi2021-06-23 07:49:06
DHjQmnyhWJvUm1ZiFW5P7SJVsXfDdPkMXk2 satoshi2021-06-23 06:27:52
DHjQmnyhWJvUm1ZiFW5P7SJVsXfDdPkMXk2 satoshi2021-06-23 06:08:54

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 gwei, 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 ethereum, but the amount will typically fluctuate according to the value of ethereum.

Faucets are a great way to help introduce new people to ethereum, 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.