Ethereum

Noun

Ethereum (uncountable)

1. An open source, blockchain-based cryptocurrency network, that features smart contracts.
   • All Ethereum clients provide a set of JSON-RPC methods for external DApps to interact with the Ethereum blockchain network.2019, Xun (Brian) Wu, Zhihong Zou, Dongying Song, “Ethereum Architecture and Ecosystem”, in Learn Ethereum […] , Packt Publishing Ltd, →ISBN, page 74
   • The sale documents said that once the Ethereum blockchain launched and the premined ether was issued, miners would generate new ether initially at an annual rate of 26% of the amount of ether issued in the crowdsale – the issuance rate isn’t fixed and is capped at 18 million ETH minted per year.2020 November 7, Camila Russo, “Sale of the Century: The Inside Story of Ethereum's 2014 Premine”, in CoinDesk, archived from the original on 17 Jun 2024
2. (proscribed) Ether, the cryptocurrency used in that network.
   • “Everydays” was the first purely digital NFT sold by Christie’s, and it offered to accept payment in Ethereum, another first for the 255-year-old auction house.2021 March 11, Scott Reyburn, “JPG File Sells for $69 Million, as ‘NFT Mania’ Gathers Pace”, in The New York Times, →ISSN, archived from the original on 12 Mar 2021

   Synonyms:

   ETH