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What is Ether?

Ether is a cryptocurrency whose blockchain is generated by the Ethereum platform. Ether can be transferred between accounts and used to compensate participant mining nodes for computations performed.

Ethereum is a public, blockchain-based distributed platform founded in 2013 by Vitalik Buterin. The platform’s main feature is smart contract functionality. To run its platform, Ethereum uses its native Ether token. Several platforms are built Ethereum platform, utilizing its infrastructure and functionality for their own platform.

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