Tag: Ether

  • Ether (ETH): The Currency That Powers Ethereum Applications

    Ether (ETH): The Currency That Powers Ethereum Applications

    Ethereum denotes the open source protocol that hosts smart contracts, decentralized exchanges, non fungible tokens along with permissionless finance. Ether denotes the native monetary unit of that protocol. The protocol provides the settlement layer – the monetary unit settles the fees. A clear separation between protocol and currency is the first step toward grasping digital…

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