What is Presale Referral Incentive?
A presale referral incentive is a program that rewards people who refer others to buy tokens in a presale. The rewards can be in the form of tokens, cash, or other prizes. There are a few reasons why projects offer presale referral incentives. First, it helps them to increase the…
Is it possible to store images on the Ethereum blockchain?
It’s absolutely possible! But one issue I foresee is gas price of file uploads. The cost of data storage is 640k gas per kilobyte of data. The current gas price is approximately 15 Gwei (or 0.000000015 ETH). At recent price, 1 ETH is approximately 1750$. This means you will have to pay $16.8 per kilobyte to store your data. What about DeamChain? Yes, DeamChain is an EVM compatible blockchain, so it can store data as in Ethereum, and the same gas calculation formula is applied.
What is Chain id?
Chain ID is a unique numerical identifier used to distinguish one Ethereum blockchain network from another, such as the main Ethereum network (chain ID 1) and the Rinkeby test network (chain ID 4). The chain ID is included in every transaction to prevent transactions from being replayed on a different blockchain network. Chain ID also affects how the network processes transactions, such as the difficulty level of mining and gas fees.
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