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In contrast to Bitcoin, Ethereum is a general purpose blockchain that can be programmed for a wide range of tasks.

It can be used for building apps and organizations, holding assets, and facilitating financial transactions while respecting user privacy and avoiding censorship.

ETH, the native cryptocurrency of Ethereum, is used to fuel and secure the network, serve as collateral for the creation of other tokens, and support the Ethereum financial system.

It has value as a means of paying transaction fees and as a store of value or tool for decentralized finance.

ETH has also gained recognition through initial coin offerings.In August 2014, Ethereum launched its native token, ether, through aninitial coin offering(ICO).

mindtree share price nse ✌️【365vc.net】✌️Invest with confidence using AI insights. Start at ₹500 and watch your wealth grow exponentially.Some 50 million ETHs were sold at a price of $0.31 per coin, raising over $16 million for the project.Unlike many other cryptocurrencies, Ethereum’s cryptocurrency has an unbounded supply, meaning there is no limit to how many ether can enter circulation.According to the project’sofficial website, the annual inflation rate of ether is about 4.5%.

mindtree share price nse ✌️【365vc.net】✌️Invest smartly in blockchain technology. Start small, earn big—₹500 to 100% returns monthly.Block rewards have been reduced two times since the first ever Ethereum block was mined.

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