FAQ

What is ether?

Ether is similar to bitcoin in that it provides the fuel for operating the Ethereum network, much like bitcoin provides the fuel for the bitcoin network.

It is a form of payment made by the clients of the platform to the machines executing the requested operations. To put it another way, ether is the incentive ensuring that developers write quality applications (wasteful code costs more),and that the network remains healthy (people are compensated for their contributed resources).
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