ETH

Chinese Name

以太坊

Issue Price

0.308$

Max Supply

100000000 ETH

Issue Date

2014-7-24

Circulating Supply

99486999 ETH

Introduction

Ether is a necessary element — a fuel — for operating the distributed application platform Ethereum. 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).