Many people say that Ethereum Inscription is old wine in a new bottle, imitating Bitcoin Inscription. When the first protocol token ETHS Inscription was released, it surprised many people. In the past 7 days, the price of ETHS Inscription has increased. has increased by 29.70%, and the current price is US$14.96. This price trend is undoubtedly better than that of Bitcoin Inscription SATS. ETHS Inscription is not only the strength and technology behind it, but the price trend has also broken out into a new world. Many investors want to know how ETHS Inscription is. purchase? Currently, ETHS inscriptions can be purchased at the online exchanges BingX and BIT, or minted in the wallet. The following editor will introduce in detail a beginner's guide to purchasing ETHS inscriptions.
ETHS inscriptions are available for purchase through Ethscriptions minting and secondary exchanges, requiring a linked wallet. The process is described in detail below.
1. Open the official website of etch.market and click "Marketplace" on the homepage.
2. Select "Tokens", the first one below is the currency eths we need, click to enter
3. Select the eths you want to buy at the bottom of this page and click "Buy"
4. Click "Connect Wallet" in the pop-up window Enter the linked wallet page and select the wallet you want to use. After clicking it, use your mobile phone to scan the code
5. Click Link Wallet in the APP. The link is completed
6. After the wallet is linked, click again on the inscription that needs to be purchased and click "Buy"
ETHS Inscription can be bought. According to current data, the price of ETHS Inscription is US$14.75, which is lower than the historical high price of US$20.26. The issue price is unknown, but the price has increased by 31.60% in the past 7 days. In the past 24 hours , the trading volume of Ethscriptions (ETHS) is US$685,681. Overall, the current development of ETHS inscriptions is not bad.
ETHS is considered the first concept coin of the first Ethereum inscription protocol ETHScriptions. ETHS is an alternative to smart contracts and L2, which today is centralized. It is also a protocol that allows users to share information and perform calculations on Ethereum L1 at extremely low cost.
This is achieved by bypassing smart contract storage and execution and instead calculating state by applying deterministic protocol rules to dumb Ethereum call data. The goal of ETHS Inscription is to enable ordinary users to perform decentralized computing at a reasonable price.
ETHS mainly acts as a cheaper NFT. On August 7, 2023, the ETHS Inscription Virtual Machine (ESCVM) was proposed, which is a new protocol built on ETHS Inscription. The purpose of the ETHS Inscription VM is to enhance the functionality and scope of the ETHS Inscription protocol by enabling it to act as a general-purpose computing engine.
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