What’s the difference between Ethereum and ether (ETH)? The Ethereum network is a decentralized network of computers or nodes which maintain the Ethereum blockchain. Whereas, Ether (ETH) is the network’s native currency. All transactions on the Ethereum network require transaction fees paid in ETH called gas. Who runs the Ethereum network and how is it …
Ethereum is the world’s leading programmable blockchain for building smart contracts or decentralized applications (DApps). The Ethereum network maintains a shared ledger of digital value. Smart contracts allow you to program new forms digital value never thought possible. But, we’ll get to that a bit later. Ether (ETH) is the network’s native currency. Think of …
DAO stands for Decentralized Autonomous Organization. If you break the phrase down into its parts, a DAO is an organization meaning that it is an entity that coordinates people and resources. A DAO typically serves a similar role to organizations you are familiar with like corporations, cooperatives, non-profits, etc. Although, DAOs have unique properties that …
