EthereumETH#2

Ether (ETH) is the native digital currency of Ethereum, a platform of smart contracts enabling developers to build decentralised applications (DApps) on its blockchain. Think of Ethereum’s smart contracts like little computer programs, completing themselves when certain conditions are met – and that makes it much more than just a currency. Because the DApps function automatically, developers can use them to make new assets like uncensorable webpages or decentralised autonomous organisations; as the foundational technology for numerous tokens, currencies including DAO, Golem, and many more are created and circulated on the Ethereum platform. Launched in 2015, Ethereum’s mining works by having its users solve computational problems. While that makes it a Proof-of-work currency, the company plans to transfer to a less energy-intensive Proof-of-stake model in 2020.