Assets, Ethereum

How Is Ethereum Pronounced?

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference.

Ethereum is pronounced as “eh-ther-ei-um”. It is a play on the word “ether”, which is the medium that allows light and other electromagnetic waves to propagate.

“Ethereum” is intended to be the next major evolution in computing, where programmable computers can do anything that current computers can do, but with far greater efficiency and security.

The native currency of the Ethereum network is called “Ether”, and it is used to pay for transaction fees and computational services on the network.

Ethereum was initially proposed in 2013 by Vitalik Buterin, a Russian-Canadian programmer who was involved in the development of Bitcoin. He envisioned a platform on which smart contracts could be built and executed.

The Ethereum network was launched in 2015, and has since become one of the most popular platforms for decentralized applications.

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