Ether (ETH) is used to compensate those who supply the computing power, which allows the programmes to be executed. Ether is a cryptocurrency, like bitcoin, but its primary purpose is to compensate those who power the platform. While ether can be used as a means of exchange, like bitcoin, this is not its only role. Ethereum Applications Ethereum enables developers to use a generalised blockchain to create decentralised applications (more sophisticated computer programmes), taking advantage of the smart contract built into the platform.
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