Ether

E74505

Ether is the native cryptocurrency of the Ethereum blockchain, used to pay for transactions, execute smart contracts, and secure the network.

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Observed surface forms (1)

Surface form Occurrences
ETH 7

Statements (47)

Predicate Object
instanceOf cryptoasset
cryptocurrency
blockchain Ethereum blockchain
surface form: Ethereum
burnMechanism EIP-1559 base fee burning
canBe locked in smart contracts
staked to validate blocks
used as collateral in lending protocols
chainId 1
classification layer-1 native asset
consensusMechanismSecuredBy proof-of-stake
denominatedIn wei
ecosystem Ethereum blockchain
surface form: Ethereum DeFi

Ethereum blockchain
surface form: Ethereum NFTs
executionEnvironment Ethereum Virtual Machine
feeMarketChange EIP-1559
firstBlockMinedDate 2015-07-30
hasUnit finney
gwei
szabo
introducedBy Ethereum blockchain
surface form: Ethereum project
introducedInWhitepaperBy Vitalik Buterin
isNot Ethereum token standard like ERC-20
mainnetLaunchYear 2015
monetaryPolicyChange The Merge
nativeTokenOf Ethereum blockchain
network Ethereum blockchain
surface form: Ethereum
paysFor smart contract deployment
smart contract execution
state changes on Ethereum
previouslySecuredBy proof-of-work
roleInGas unit of account for gas
securityModel economic security via staking
smallestUnit wei
stakingRequirement 32 ETH for a full validator
supplyType uncapped
supports account abstraction via smart contracts
symbol Ether self-linksurface differs
surface form: ETH
ticker Ether self-linksurface differs
surface form: ETH
usedFor collateral in decentralized finance
executing smart contracts
gas payments
incentivizing miners and validators
paying for computation on Ethereum
securing the Ethereum network
staking on Ethereum
transaction fees on Ethereum
value transfer

Referenced by (11)

Full triples — surface form annotated when it differs from this entity's canonical label.

this entity surface form: ETH
Ether symbol Ether self-linksurface differs
this entity surface form: ETH
Ether ticker Ether self-linksurface differs
this entity surface form: ETH
this entity surface form: ETH
this entity surface form: ETH
this entity surface form: ETH
this entity surface form: ETH