Q. What is the difference between ether and ethereum?
maroun.mounayar

What is the difference between ether and ethereum?


ethereum ether
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Jun, 2018

Ethereum
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  • chinnoye.okafar

    Ethereum is an open-source, public, blockchain-based distributed computing platform and operating system featuring smart contract functionality. It supports a modified version of Nakamoto consensus via transaction-based state transitions.

    Ether is a cryptocurrency whose blockchain is generated by the Ethereum platform. Ether can be transferred between accounts and used to compensate participant mining nodes for computations performed.


       

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Asked in Category

Ethereum

A virtual currency named ether grew alongside bitcoin. Ether is the fuel that powers Ethereum. Bitcoin and Ethereum are at times considered to be similar but that's not entirely true, as bitcoin is a cryptocurrency, whereas Ethereum is a development platform. Ethereum is considered to be the largest and the most well-established, open-ended decentralized software platform. Ether is like a vehicle for moving around on the Ethereum platform and is sought by developers to develop and run application inside Ethereum.

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