Ether is the second largest cryptocurrency by market capitalisation behind bitcoin. Its current
market cap stands at $223 billion, representing approximately 18% of the total cryptocurrency
market1
.
Conceived in 2013 and created in 2015, the blockchain network Ethereum has grown in
innovation and utility. Different from Bitcoin’s primary function as a peer-to-peer electronic
cash system and anti-fiat asset that could act as a hedge in another banking crisis, Ethereum
invents a new world of peer-to-peer applications.
Before we dive into details, it’s important to distinguish ether (ETH) from Ethereum. Ether refers
to the cryptocurrency used on the Ethereum blockchain. Ethereum refers to the blockchain
network.
#Ethereum #eth