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What is Ether?

As we explored in "What is Ethereum?", ethereum aims to function both as a kind of decentralized internet and a decentralized app store, supporting a new type of application (a "dapp") in the process. But while no one owns ethereum, the system that supports this functionality isn't free. Rather, the network needs 'ether', a unique piece …

What is Ethereum?

Before you can understand ethereum, it helps to first understand the internet. Today, our personal data, passwords and financial information are all largely stored on other people's computers – in clouds and servers owned by companies like Amazon, Facebook or Google. Even this article is stored on a server controlled by a company that charges …