Ether, also called Ethereum, is cryptocurrency #2 in terms of market capitalization termsso it is one of the digital currencies that most arouses interest among miners (creators of cryptodivisas).
Ethereum is an open source blockchain platform that is executed with the use of Your native currency, called Ether or Ethso although people use these names as synonyms are different things.
Ether is a token that is used only in the blockchain ethhereum To pay transactions. This Token is responsible for promoting almost everything that happens in the network, which can be used by anyone to create and execute intelligent contracts, which are software programs that are executed autonomously and without user intervention.
According to the Binance portal, the Ethereum digital currency currently has 120.73m of units created.
While the debate is done more and more about the convenience or not of its use, Ethereum quotes this day at 09:30 hours (UTC) at 2377.65 dollars, which represents a change of 20.39% With respect to the last 24 hours and a variation of 1.67% with reference to its value reached in the last hour.
As for its market popularity, it has maintained the position #2 Among the digital currencies.
After several months of delay and with the fear that it would never happen, finally the September 15, 2022 Ethereum carried out its long -awaited fusion or update to the new level 2.0 with the promise to improve the experience of the users of this cryptocurrency.
“The Merge”, English to “Fusion”it is a transformation in the way Ethereum processes transactions and how new Ether tokens are created.
This fusion is about Ethereum block chain combination with a new separate block chain known as proof-of-stake, which Reduces energy consumption From the Ethereum block chain in 99.9 %, according to their own developers, which makes it more “friendly” with the environment while transactions would be cheaper.
Its defenders They believe that the merger will make Ethereum favor with respect to the highest rival, Bitcoinit could increase its use.
In the Proof Stake process, Ether owners will block established amounts of their cryptocurrencies to verify new records in the block chain, winning new coins in addition to their “participated” cryptography.
