Goerli ETH GETH

1. Summary

Ranks

Liquidity

-

Developer

-

Social

11

Momentum (beta)

0

Stack Rank™

-

Price

$0.005408310000 +0.5%

Market Cap

$0.00 (#10689)

Supply

0.00 /

Tags

Ethereum Ecosystem

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Price
52W High price	$0.32
52W High date	21st Feb 2024 (1 year ago)
All Time High (ATH) Date	27th Feb 2024 (11 months ago)
ATH Price	$0.45
% From ATH	-97.66%
All Time Low (ATL) Date	5th Aug 2024 (6 months ago)
ATL Price	$0.008139160000
% From ATL	29.58%

Supply & Trading Volume
Trading Volume (24h)	$92.00

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Description

Goerli ETH (GETH) is the native cryptocurrency of the Goerli Testnet, a community-driven proof-of-authority testnet for the Ethereum network. As the first cross-client testnet, Goerli synchronizes with various Ethereum clients such as Geth, Nethermind, and Hyperledger Besu. Launched in 2019, this testnet provides a risk-free environment for develop...

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Goerli ETH (GETH) is the native cryptocurrency of the Goerli Testnet, a community-driven proof-of-authority testnet for the Ethereum network. As the first cross-client testnet, Goerli synchronizes with various Ethereum clients such as Geth, Nethermind, and Hyperledger Besu. Launched in 2019, this testnet provides a risk-free environment for developers to test and develop decentralized applications (dApps) without using valuable assets.

Key Features

• Cross-Client Compatibility: Goerli supports multiple node software (clients) such as Geth, Parity, Nethermind, etc., ensuring seamless interactions between different programming languages.
• Proof-of-Authority: Goerli operates on a proof-of-authority consensus mechanism, ensuring that it is decentralized and secure.
• Community Support: The testnet is maintained and updated by the Ethereum community, ensuring long-term support and continuous improvement.

Functionality

• Testing Environment: Goerli ETH is used for transaction pricing and fee coverage on the testnet, allowing developers to test and evaluate dApps without the risk of real-world monetary losses.
• Faucets: The Goerli faucet distributes free Goerli ETH tokens for developers, with a mechanism in place to prevent misuse and maintain testnet stability.
• Upgrade and Maintenance: Despite being deprecated since January 2023, Goerli will continue to be supported for a short period before eventually being replaced by Sepolia.
• Resource for Developers: Goerli serves as a crucial tool for developers to experiment with dApps, test smart contracts, and develop blockchain solutions without the risks associated with actual transactions on the Ethereum mainnet.

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