What’s unique about ETH?There are many cryptocurrencies and great deals of other tokens on Ethereum, but there are some things that just ETH can do.ETH fuels and protects Ethereum
ETH is the lifeline of Ethereum. When you send ETH or use an Ethereum application, you’ll pay a little fee in ETH to use the Ethereum network. This fee is a reward for a miner to process and verify what you’re trying to do.Miners are
like the record-keepers of Ethereum– they check and prove that no one is cheating. Miners who do this work are also rewarded with small amounts of newly-issued ETH.The work miners do keeps Ethereum secure and free of centralized control. Simply put, ETH powers Ethereum. More on Mining
ETH will end up being a lot more crucial with staking. When you stake your ETH you’ll be able to help protect Ethereum and earn rewards. In this system, the threat of losing your ETH disincentivises attacks. More on staking
What is Ethereum?If you want to learn more about Ethereum, the innovation behind ETH, take a look at our introduction.ETH underpins the Ethereum monetary system Not satisfied with payments, the
Ethereum neighborhood is building a whole monetary system that’s peer-to-peer and accessible to everyone.You can utilize ETH as collateral to create completely different cryptocurrency tokens on Ethereum. Plus you can borrow, provide and make interest on ETH and other ETH-backed tokens.Uses for ETH grow every day Since Ethereum is programmable, designers can shape ETH in many ways.Back in 2015, all you could do was send out ETH from one Ethereum account to another. Here are just a few of things you can do today.
Stream ETH– pay someone or receive funds in real time.Swap tokens– you can trade ETH with other tokens consisting of Bitcoin.Earn interest– on ETH and other Ethereum-based tokens.Get stablecoins