What is the ETHGas Airdrop? Check out this easy tutorial!

Bittime - Program ETHGas Airdrophas attracted the attention of thousands of Ethereum users. What is the ETHGas Airdrop? Check out the review and how to participate in this article!

This program is not just a regular reward distribution, but also part of a major innovation that is being developed to change the way transactions work on the Ethereum network.

Many are curious, what is ETHGas Airdrop, how to participate, and what exactly ETHGas' role is behind the project. This article will explain everything in a light, easy-to-understand style.

What is ETHGas?

ETHGas is a marketplace platform for blockspace on the Ethereum networkThe goal is to make transactions on Ethereum faster, more stable, and more efficient.

Ethereum users have often faced fluctuating gas fees and slow transaction confirmation times. ETHGas addresses these issues with a real-time settlement system capable of processing transactions as fast as 3.8 milliseconds.

The platform works with validators to create a fair and efficient pricing system. This way, users can receive more stable gas fees, while validators earn optimal rewards.

Currently, ETHGas has the backing of several major players in the blockchain industry, such as BTCS Inc., Tokka Labs, and Chorus One. This support demonstrates the project's strong foundation and significant future potential.

Read also: Polymarket Airdrop Sparks Speculation and Farming, Community Awaits Confirmation

The Technology Behind ETHGas

ETHGas not only focuses on efficiency, but also introduces the concept of blockspace commitments, which is a system that allows users to choose how and when their transactions are executed.

This means you can determine whether you want the transaction to be processed immediately, or wait for certain conditions on the network.

Furthermore, ETHGas is designed to be compatible with the existing Ethereum system. This technology allows users to experience faster transactions, even approaching the speed of centralized financial platforms, without sacrificing decentralization.

With this approach, ETHGas paves the way to a faster, more stable, and more user-friendly Ethereum future.

Read also: Complete Guide to Claiming the Latest Meteora Airdrop and TGE

What is ETHGas Airdrop?

After understanding the main project, let's discuss what is ETHGas Airdrop. Currently, ETHGas is running a major campaign called“The Great Gas Reckoning”. 

Through this campaign, users can claim points calledBeansbased on the total gas fees they have ever incurred on the Ethereum network since the launch of the Beacon Chain.

Over 200,000 users participated in this airdrop, with total gas expenditure reaching 195,000 ETH, or approximately US$789 million. These beans form the basis for future rewards, including features likeGas Rebate, which is a gas fee refund program for active users.

While no official token has been launched yet, ETHGas has signaled that Beans will play a significant role when the project issues its token.

How to Join the ETHGas Airdrop

For those of you who want to know how to join the ETHGas Airdrop, here are the simple steps:

1. Visit the ETHGas Community Page
   Open the ETHGas website and go to the section Community Dashboard.

2. Connect Account X (Twitter)
   Connect your X account to verify your identity and access community tasks.

3. Enter Referral Code
   Use referral code in the referral column to get additional Beans bonus.

4. Connect Ethereum Wallet
   Click "Generate Gas Report" and connect your main wallet. This process will calculate the total gas you've spent.

5. Share Gas Report on X
   Once the report is complete, share the results on account X to earn an additional 100 Beans.

6. Follow Community Tasks
   Follow ETHGas on X, join on Discord, Telegram, and subscribe to the newsletter to earn points.

7. Invite Friends
   Use your personal referral link. Each friend who joins will add more Beans to your collection.

The more active you are in completing tasks, the more Beans you will earn.

Read also: What is SubHub ($SUBHUB) Airdrop?

About Bean and the Next Reward

Beans serve as the primary points system within the ETHGas community. The number of Beans you earn depends on how much gas you've spent on Ethereum since its inception. Additionally, Beans can be earned through social activities and the referral system.

ETHGas plans to introduce a feature Gas Rebate which allows users to earn a partial refund of gas fees by staking or participating in the protocol.

This means that the more Beans you collect, the greater your chances of winning a reward when ETHGas officially launches its token.

Conclusion

ETHGas is here to solve one of Ethereum's biggest problems: unstable gas fees. With real-time blockspace technology and a fairer pricing system, ETHGas is ushering in a new era of fast and efficient transactions.

Through ETHGas Airdrop, users can now participate in this project from the start in a simple and transparent way. For those looking to try their luck in the crypto world, joining this campaign could be an exciting first step.

How to Buy Crypto on Bittime

Want to trade sell buy Bitcoins and crypto investment easily? Bittime is here to help! As an Indonesian crypto exchange officially registered with Bappebti, Bittime ensures every transaction is safe and fast.

Start with registration and identity verification, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!

Check the exchange rate BTC to IDR, ETH to IDR, SOL to IDR and other crypto assets to find out today's crypto market trends in real-time on Bittime.

Also, visit the Bittime Blog for interesting updates and educational information about the crypto world. Find reliable articles about Web3, blockchain technology, and digital asset investment tips designed to enrich your crypto knowledge.

FAQ

What is ETHGas?

ETHGas is market for Ethereum block space commitments (blockspace commitments). The goal is to transform user interaction with Ethereum by enabling extremely fast transaction settlement (3ms latency) and trading.real-time.

What is the vision of ETHGas?

Our main vision is advancing Ethereum into a network real-time to unlock the next stage of evolution. We want users to be able to protect yourself from gas price volatility, improve their experience, and open up additional income opportunities (yield).

What's that staking at ETHGas?

Staking at ETHGas allows the community to support our operations, helping shape future product roadmaps, and get protocol rewards, such as gas fee rebates and other exclusive benefits.

Why should staking with ETHGas?

Well you are a trader, validator, or user, staking with ETHGas providing benefits such asimprovementyield(income),reduction of transaction costs, gas fee rebate, and various other protocol rewards.