Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. Ethereum’s currency, ether, is mined by computers that solve complex mathematical problems. The total number of ether is capped at 18 million, with a yearly inflation rate of 3.4%. Each ether […]
How Many Decimals Does Ethereum Have
Ethereum has 18 decimals. That means that when you send someone ether, you are actually sending them a certain number of Wei. Wei is the smallest unit of Ethereum. If you want to send someone .001 ether, that would be the equivalent of sending them 1,000 Wei. In most cases, you don’t need to worry […]
Read Time:
10 Min
0
0