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Ethereum is powered by a fungible token, ETH, which is used to incentivize the physical computers that underlie the system. ETH is also the system’s native currency for transactions, like NFT purchases.
Chris Dixon • Why Web3 Matters - Future
Although its currency, called ether or ETH, is a distant second in total value compared to Bitcoin, if you add up the value of all the products and community tokens built on top of Ethereum, it has produced the biggest share of this strange new economy.
Vitalik Buterin • Proof of Stake: The Making of Ethereum and the Philosophy of Blockchains
Again this underscores my core premise, which is that Ethereum should maximize economic activity within its platform (including rollups) and ETH should position as a true permissionless, digital store of value (see related tweets from Doug & Sassal) more so than an interest-bearing capital asset.
HackMD: Your Collaborative Markdown Workspace for Knowledge Sharing
Data Privacy Compliance Software | Ethyca
ethyca.com
For example, if you hold Ether you can stake it to help secure the network once Proof of Stake launches. In return for Staking your ETH, you get paid in more ETH, at a rate of about 5%.
Tokenomics 101: The Basics of Evaluating Cryptocurrencies - DeFriday #19
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Ethereum is a decentralized, blockchain-based global supercomputer that launched in 2015 to serve as the foundation for an ecosystem of interoperable, decentralized applications (dApps) powered by token economies and automated smart contracts.
Jay Drain Jr • Web3 Starter Pack
Owning ETH is like owning shares in the internet. Demand for ETH will go up with increased web3 adoption, while upcoming changes will decrease the supply of ETH and let more value accrue to holders. It’s like a tech stock, a bond, a ticket to web3, and money, rolled into one.