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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.

Timeline

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Further reading

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Cryptocurrency ether plunges again, decoupling from bitcoin

Kate Rooney

News

Documentaries, videos and podcasts

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What is Ethereum? A Simple Explanation Anyone Can Understand

April 1, 2007

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News

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June 4, 2021
The Economic Times
Musk has been a major promoter of cryptocurrencies but has turned critical of Bitcoin owing to concerns about its energy use. Crypto investors have turned cautious after the meltdown in May.
Emily Graffeo
June 1, 2021
markets.businessinsider.com
Ether mining brought in $2.35 billion in total revenue, an increase of 42.4% from the previous month, data from The Block showed.
Myriam Toua
May 27, 2021
Express.co.uk
ETHEREUM is one of the oldest standing currencies on the crypto market, long hailed as the main contender for industry groundbreaker bitcoin. But how high will Ethereum go?
Matthew Fox
May 25, 2021
markets.businessinsider.com
"As cryptocurrency use in DeFi and NFTs become more widespread, ether will build its own first-mover advantage in applied crypto technology," Goldman said.
Liam Doyle
May 23, 2021
Express.co.uk
ETHEREUM is bitcoin's closest rival and the only cryptocurrency able to follow its lead in cracking $1,000 (£706) so far. How much Ethereum is there?

References

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