Thursday, 21 November 2024


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Founded In: 2015
Ethereum

Ethereum is a public blockchain currency and contract platform based on the same distributed asset culture as that of bitcoin. One of the fundamental difference is where bitcoin has incomplete scripting language Ethereum has virtual machine language which is implemented as executable white code in every single transaction. This is basis for the smart contract functionality enabling the peer-to-peer contracts.

Ethereum was initially proposed by Vitalik Buterin; with its release on 30 July 2015. The currency unit of the Ethereum platform is called ether. Like any other cryptocurrency, ether is traded on Ethereum platform. 5 ethers are created every block (roughly 15-17 seconds) to the miner of the block.

To do the mining of ether, the Ethereum network is kept running by computers all over the world. In order to reward the computational costs of both processing the contracts and securing the network, there is a reward that is given to the computer that was able to create the latest block on the chain. Every 12 seconds, on average, a new block is added to the blockchain with the latest transactions processed by the network and the computer that generated this block will be awarded 5 ethers. Due to the nature of the algorithm for block generation, this process (generating a proof of work) is guaranteed to be random and rewards are given in proportion to the computational power of each machine. This process is usually called mining in the crypto-currency lingo.

Find more about Ethereum

What is ether?

Exchange List

Exchange Ethereum to AdvCash-EUR Exchange Ethereum to Paymer
Exchange Ethereum to AdvCash-RUB Exchange Ethereum to Paypal-EUR
Exchange Ethereum to AdvCash-USD Exchange Ethereum to Paypal-RUB
Exchange Ethereum to Alfa-click Exchange Ethereum to Paypal-USD
Exchange Ethereum to Alipay Exchange Ethereum to PaySafeCard
Exchange Ethereum to Astropay-USD Exchange Ethereum to Paysera-EUR
Exchange Ethereum to Avangard Exchange Ethereum to Paysera-USD
Exchange Ethereum to Belarusbank Exchange Ethereum to PayWeb
Exchange Ethereum to Bitcoin Exchange Ethereum to Payza-EUR
Exchange Ethereum to BTC-e-RUB Exchange Ethereum to Payza-USD
Exchange Ethereum to BTC-e-USD Exchange Ethereum to Perfect-Money-EUR
Exchange Ethereum to C-cex Exchange Ethereum to Perfect-Money-USD
Exchange Ethereum to C-Gold Exchange Ethereum to Privat-24-EUR
Exchange Ethereum to Cash-KZT Exchange Ethereum to Privat-24-UAH
Exchange Ethereum to Cash-RUB Exchange Ethereum to Privat-24-USD
Exchange Ethereum to Cash-UAH Exchange Ethereum to Promsvyazbank
Exchange Ethereum to Cash-USD Exchange Ethereum to QIWI-RUB
Exchange Ethereum to Contact-RUB Exchange Ethereum to QIWI-USD
Exchange Ethereum to Contact-USD Exchange Ethereum to Raiffeisen
Exchange Ethereum to Dash Exchange Ethereum to RIA-USD
Exchange Ethereum to Dogecoin Exchange Ethereum to Russian-Standart
Exchange Ethereum to EasyPay Exchange Ethereum to Sberbank-KZT
Exchange Ethereum to Ecoin.cc Exchange Ethereum to Sberbank-RUB
Exchange Ethereum to eCoin.eu Exchange Ethereum to Sberbank-USD
Exchange Ethereum to Epay Exchange Ethereum to Skrill-EUR
Exchange Ethereum to ePayments Exchange Ethereum to Skrill-USD
Exchange Ethereum to EXMO-USD Exchange Ethereum to Solid-Trust-Pay
Exchange Ethereum to EXMO-EURO Exchange Ethereum to Tinkoff
Exchange Ethereum to Fasapay-USD Exchange Ethereum to Trustpay-EUR
Exchange Ethereum to Fasapay-IDR Exchange Ethereum to UnionPay
Exchange Ethereum to Fortebank Exchange Ethereum to Unistream
Exchange Ethereum to Golden-Crown-RUB Exchange Ethereum to Visa_MasterCard-EUR
Exchange Ethereum to Golden-Crown-USD Exchange Ethereum to Visa_MasterCard-KZT
Exchange Ethereum to HalykBank Exchange Ethereum to Visa_MasterCard-RUB
Exchange Ethereum to Kaspi-Bank Exchange Ethereum to Visa_MasterCard-UAH
Exchange Ethereum to Kazkombank Exchange Ethereum to Visa_MasterCard-USD
Exchange Ethereum to Kukuruza Exchange Ethereum to VTB24
Exchange Ethereum to Lavapay-EUR Exchange Ethereum to W1-RUB
Exchange Ethereum to Lavapay-USD Exchange Ethereum to W1-UAH
Exchange Ethereum to Liqpay-RUB Exchange Ethereum to W1-USD
Exchange Ethereum to Liqpay-UAH Exchange Ethereum to Web-Transfer
Exchange Ethereum to Liqpay-USD Exchange Ethereum to WebMoney-WMB
Exchange Ethereum to Litecoin Exchange Ethereum to WebMoney-WME
Exchange Ethereum to MoneyGram-EUR Exchange Ethereum to WebMoney-WMG
Exchange Ethereum to MoneyGram-USD Exchange Ethereum to WebMoney-WMR
Exchange Ethereum to Moneypolo-EUR Exchange Ethereum to WebMoney-WMU
Exchange Ethereum to Moneypolo-USD Exchange Ethereum to WebMoney-WMX
Exchange Ethereum to Neteller-EUR Exchange Ethereum to WebMoney-WMY
Exchange Ethereum to Neteller-USD Exchange Ethereum to WebMoney-WMZ
Exchange Ethereum to Nixmoney Exchange Ethereum to Western-Union-EUR
Exchange Ethereum to OKPay-EUR Exchange Ethereum to Western-Union-USD
Exchange Ethereum to OKPay-RUB Exchange Ethereum to Wire-EUR
Exchange Ethereum to OKPay-USD Exchange Ethereum to Wire-GBP
Exchange Ethereum to OOOPay-EUR Exchange Ethereum to Wire-KZT
Exchange Ethereum to OOOPay-RUB Exchange Ethereum to Wire-RUB
Exchange Ethereum to OpenBank Exchange Ethereum to Wire-UAH
Exchange Ethereum to Paxum-EUR Exchange Ethereum to Wire-USD
Exchange Ethereum to Paxum-USD Exchange Ethereum to Yandex-Money
Exchange Ethereum to Payeer Exchange Ethereum to Z-Payment


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