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Ether

Ether

Ether (ETH) is the cryptocurrency used on the Ethereum blockchain that can be used to operate smart contracts.

Ether (ETH) is the cryptocurrency used on the Ethereum blockchain that can be used to operate smart contracts. The Ether pre-sale was held in 2014 and approximately 60 million ether was created for participating pre-sale buyers, and 12 million ether was created to fund development of decentralized applications (dApps) on Ethereum. Each year the issuance of Ether is 18 million, which is about 25% of the initial supply sold during the Ether pre-sale, and about 3 ethers are issued every 15 seconds to miners.

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Cryptocurrency ether plunges again, decoupling from bitcoin

Kate Rooney

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What is Ethereum? A Simple Explanation Anyone Can Understand

April 1, 2007

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