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What is Ether? What does the word ‘Ether’ in ‘Ethereum’ mean?

What is Ether?

Ether is a currency unit using in intranet currency of Ethereum. Ether is to Ethereum as Satoshi is to Bitcoin, and also as Cent is to USD. Ether is used in many kinds of transaction, and also in other computing tasks in Ethereum intranet called GAS.

What is ether - ETH
What is ether – ETH?

GAS limits every block, which causes the limitation on the number of the transaction could be handled on a block, in order to shape a specific size of every block, and easily let you know the contract cost immediately. The following table shows different units of Ethereum.

WEI            1
Ada            1000
Fentoether  1000
Kwei           1000
Mwei          1000000
Babbage     1000000
Pictoether   1000000
Shannon     1000000000
Gwei           1000000000
Nano           1000000000
Szabo         1000000000000
Micro          1000000000000
Microether  1000000000000
Finney        1000000000000000
Milli            1000000000000000
Milliether    1000000000000000
Ether          1000000000000000000
Einstein      1000000000000000000000
Kether        1000000000000000000000
Grand         1000000000000000000000
Mether       1000000000000000000000000
Gether       1000000000000000000000000000
Tether        1000000000000000000000000000000

All the small units were named after the pioneers of blockchain and bitcoin. For example, Finney was named after Hal Finney and Szabo was named after Nick Szabo who was considered as Satoshi Nakamoto.

For further information, please read this article in Wikipedia

Conclusion

Below is some information about Ether. Hopefully, after reading this article, you could visualize that Ether is a unit of Ethereum the Cryptocurrency.

For more useful information, please follow cryptocurrencymirror.com. Thank you.

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