In ancient Greece, the upper layer of the atmosphere was called ether, and in chemistry, some classes of chemical compounds are designated as such, but what is ether in the world of cryptocurrencies? It is a form of digital money that is primarily used on the Ethereum platform. Such money can be sent fairly quickly to friends via the Internet – usually for a much lower fee than other altcoins.
How this cryptocurrency works
The platform processes millions of transactions that are combined into blocks. Each block is connected to the previous one, thus forming a chain and this is called a blockchain. Ethereum works on smart contracts (the terms of the transaction are performed not by a person, but by a machine after payment) and in the Solidity programming language.
Best Ethereum accepting casinos
Do you want to use Ethereum to withdraw funds from an online casino? Take advantage of our selection of the best casinos that work with this cryptocurrency! The selection contains exclusively licensed casinos with certified software.
