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Intro to ether | ethereum.org thumbnail
Intro to ether | ethereum.org
ethereum.org
new ether gets created on the Ethereum ledger. A cryptocurrency is a medium of exchange secured by a blockchain-based ledger Blockchain technology allows users to make transactions on the ledger without reliance upon a trusted third party to maintain the ledger Fundamentally, it is the only acceptab
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  • new ether gets created on the Ethereum ledger.
  • A cryptocurrency is a medium of exchange secured by a blockchain-based ledger
  • Blockchain technology allows users to make transactions on the ledger without reliance upon a trusted third party to maintain the ledger
  • Fundamentally, it is the only acceptable form of payment for transaction fees, and after The Merge, ether is required to validate and propose blocks on Mainnet
  • primary form of collateral in the DeFi lending markets

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