I am the Currency.

I am the Fuel.

I operate Ethereum.



Ether is the essential component to operate the distributed applications platform Ethereum. For some it is the essential fuel that keep the platform running and for others it is a currency to trade and to execute smart contract applications with. Ethereum will change the world as we know it now, be part of this global technology transformation of our economies.

ether ethereum fuel coin

Ether (ETH) – Ether Classic (ETC)

Click on Coin Card for Real-time and Historical Ether Price Chart

ether ethereum classic fuel coin

Ether Classic (ETC)

Real-time and Historical Ether Classic Price Chart

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Invest in Ethereum

About Ethereum

Ethereum is a distributed application platform that executes applications explicitly as programmed with no possibility of downtime, fraud, censorship or third party intervention. We like to call them Unstoppable Apps. They are apps that run on a traditionally built blockchain, a great and powerful globally combined database foundation that is able to move market price around and represent the ownership of equities. This allows developers to create markets, collect registries of debts or promises, transfer funds in agreement with instructions given in the past, and much more without interference of a third party or counterparty risk. Ethereum on the Blockchain makes this all possible and is ground breaking.

What is Ether?

Ether is an essential component (fuel) to run the distributed applications platform Ethereum. It’s a form of payment made to the platform by its clients execute applications upon request. In other words, Ether is the bait get Ethereum to go.

Why does Ethereum exists?

Ethereum foundation was launched in 2014 and its operations are run on a specific platform cipher token, ether. Ether is mostly needed by developers looking to establish and run applications inside Ethereum. There are two purposes of Ethereum – traded as a digital currency exchange much like other cipher currencies and it is also used inside Ethereum to run applications and even monetize work. Ethereum can be used to subsidize, disburse, secure and trade practically anything. Microsoft partnership with ConsenSys that offers Ethereum blockchain as a service on Microsoft Azure so business clients and leaders can have a single click cloud established blockchain developer setting.

 ether ethereum classic fuel coin

what is ethereum

With the rise of social networks over the past decade of networks such as Facebook and Twitter, experts have been troubled by these social networks where there is only one single company that controls the distribution of information and media. This has made some look to blockchain technology, a decentralized secure network system. Using this technology, developers are hoping to design a complete distributed, open-access, democratic platform without a single authority..

How are much Ether is created?

The full amount of Ether and its hashrate of mining were decided by the donations in the 2014 presale of the platform. 60 million Ether were created for donors of the presale, 12 million were created to the fund for development. 5 ethers are created every block (roughly 15-17 seconds) to the miner of the block, 2-3 ethers are sometimes sent to another miner if they were also able to find a solution but his block wasn’t included (called uncle/aunt reward).

Is there unlimited Ether available?

The terms that were agreed upon during the 2014 presale by all party attendants, Ether surmounted 18 million Ether per year but this rate will not remain as is much longer. It is expected to change in 2017 when Ethereum will be converted from proof of work to a new innovation agreement that is under development, which they are calling “Casper.” Casper is anticipated to be more efficient and in lesser need for premiums.

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