Ethereum Is Driven by Utility and Functionality
Ether is the native asset of the Ethereum platform. Transferring Ether from one wallet to another is relatively inexpensive. People want to hold Ether similar to how people want to hold oil. Ether is the native asset of the Ethereum platform, meaning it’s used in order to process any transaction or state change on the blockchain. Users and developers use Ether as “gas” in order to “fuel” the applications that run on Ethereum; this “gas” is sent to the miners as a reward for validating the transaction.Each computation has a set gas price, meaning that the more complex the transaction,