Meaning of Ethereum | Babel Free

Definitions

1. An open source, blockchain-based cryptocurrency network, that features smart contracts.
   uncountable
2. Ether, the cryptocurrency used in that network.
   proscribed, uncountable

Equivalents

Examples

“All Ethereum clients provide a set of JSON-RPC methods for external DApps to interact with the Ethereum blockchain network.”

“The sale documents said that once the Ethereum blockchain launched and the premined ether was issued, miners would generate new ether initially at an annual rate of 26% of the amount of ether issued in the crowdsale – the issuance rate isn’t fixed and is capped at 18 million ETH minted per year.”

““Everydays” was the first purely digital NFT sold by Christie’s, and it offered to accept payment in Ethereum, another first for the 255-year-old auction house.”

CEFR level