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Author Topic: Ethereum and ETHER difference  (Read 239 times)
batang_bitcoin
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August 25, 2020, 08:02:34 AM
 #21

IMHO, this isn't a big deal. It's been widely known whether you get to say it ETH, Ether, or Ethereum you are pertaining to the cryptocurrency itself. But technically speaking on the side of developers or people who have deeper knowledge per se, they talk about the words or acronyms with the particular meaning. And as someone who invests, uses for different purposes like trading or paying stuff, what matters to it is that there's common understanding when you said any of those terms. CMC and other crypto trackers use ETH and Ethereum at the same time which portrays the crypto, not the blockchain implementation. We're used to using the acronyms though.

Right, for average joe's there's not much a big deal, it just pertains to Ethereum which Vitalik built. Of course for technical people, they could talk in their jargon so differentiate between the two. It's good that the OP somewhat open the eyes of many crypto investors but it won't make a difference to them. They invest, make money, trade, that's it.
Yes, if anybody says those words or acronyms all of them are referring to Vitalik's creation and Ethereum foundation. But for those sensitive folks about the definition. Their website has definition for both of it.

https://ethereum.org/en/what-is-ethereum/
https://ethereum.org/en/eth/

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August 25, 2020, 08:07:14 AM
 #22

simple explanation for beginners


Quote from: Harsh Agrawal
Ethereum is the platform and Ether is the crypto-fuel or cryptocurrency that thrives over it. Ether is bought & sold and not Ethereum. Ethererum has various applications but Ether has only one application i.e. to enable operations on the blockchain.
Source: coinsutra.com/ethereum-vs-ether

I guess this is the simplest explanation about the difference between Ethereum and Ether... Grin


   "To put it in the simplest of terms, Ethereum is a blockchain-based platform and Ether is the cryptocurrency that actually is the fuel of this blockchain based platform."
   This is quotation from the article you shared with us. It's a great article and it explains
everything we need to know.
   Ether is the fuel and it's what you need to have if you wish to do anything on this
chain. I think this little confusion is not a big deal, we can call this main token just
Ether, but in the same time we can call it Ethereum, it's the fuel and you can't do anything without a fuel.
   



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August 30, 2020, 11:04:56 AM
 #23

The other day I tried to explain how blockchain and smart contracts work to a person who knows nothing about the crypto world, in the end it turned out to be very difficult.

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August 30, 2020, 02:28:03 PM
 #24

For me, Ethereum is the name of the blockchain and Ether (ETH) is the coin of Ethereum blockchain, simple.
Ethereum blockchain will update to 2.0, we don't know what will happening in the future but i guess it will be a good thing for Ethereum.

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August 31, 2020, 03:24:20 AM
 #25

in my opinion there is no difference, Ethereum is ETHER, and ETHER is Ethereum,
why should it be differentiated? both names are already attached to Ethereum

Just like an airplane that needs fuel, Ethereum does too. Ether can be regarded as the fuel of Ethereum. Similar to regular oil, Ether can also be bought and sold. The value of Ether also fluctuates based on the law of offer and demand. In a technical sense, Ether is the incentive provided to developers and miners to keep the Ethereum network efficient and safe. Ether is not infinite. Though it is a computer program, it cannot be replicated infinitely. So, if someone tells you that they have invested in Ethereum, it implies that they have purchased Ether.

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August 31, 2020, 06:49:39 AM
 #26

as I entered the crypto currencies and read about projects involved, i did not realized the fact that Ethereum is not the same as ETHER (ETH) and seems to me that most of people take these two as synonyms, although that is not the fact, so i will do a simple explanation for beginners
Ethereum is an implementation of blockchain with defined rules, it is the same as Bitcoin is another implementation of blockchain with defined rules, it is a broad meaning, and there could be many different instances of Ethereum blockchain implementation, these instances are defined by genesis block for each of those, and all blocks that are subsequent to this particular genesis block, while
ETHER (ETH) is a native token of Ethereum public mainnet instance, and as such can be used only on this instance, but there are also other instances - for example many testnets - Rinkeby, Kovan, Ropsten - which are public as well
as other example of instances, there are private Ethereum networks, such as Nightfall instance by Ernst and Young
so basically Ethereum is much broader term than ETH (ETHER) and one should bear that in mind when talking about about crypto currencies and digesting news regarding Ethereum blockchain implementation, that does not have necessarily to have influence on ETH crypto currency
Even though this wasn't the simplest one to explain the difference between two - thanks for your effort, I learned quite a few new things from your post
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