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Ether (ETH) is the main internal crypto-fuel of Ethereum and is used to pay transaction fees.
10
votes
Does metamask store private key on server or anywhere else?
Metamask stores your encrypted private keys using your browser's data store. At no point does Metamask store your actual private keys. The source code of Metamask is auditable, like Parity and MyEther …
5
votes
Accepted
What gives ether it's intrinsic value?
Thus, if no one is selling their ethers unless they're at least breaking even, then the price of an ether is capped at the lowest price they paid to obtain them. … Similarly, the higher the price of ether, the riskier it is, from a profit-making standpoint, and the lower the final returns. …
4
votes
Accepted
Etherum initialization
The initial funds, paid via Bitcoin, were sent to accounts controlled by Ethereum Switzerland GmbH. This company was then liquidated, according to plans provided, in order to provide fiat currency to …
3
votes
What's Byzantium? What's Metropolis? What should I do after these happen? Will I lose my ETH?
You will not lose any ether or tokens associated with your existing accounts (unless it's due to user error, like deleting your private keys while upgrading, or programmer error; back up your keys!). …
2
votes
Sent transaction between ETH and ETC accounts
So if you sent ether on the ETH blockchain instead of the ETC blockchain, ETH is the etherefrum and ETC is the expecteum. … If you have the keys for the receiving account (i.e., you sent ether to yourself)
Load up your expecteum wallet and export the private keys. …
2
votes
Single gpu mining on ethpool.org: payback questions
I just plugged your 25 MH/s rate into the coinwarz calculator which suggests you'll get an expected 0.006 ether/day. … appears that ethpool pays out a full block to the "next in line" when it finds a share, the expected value should be almost the same as the actual value -- except you're not paid until you've accumulated 5 ether …
2
votes
Accepted
Storing Ether based digital assets in a paper wallet
A paper wallet is a way of storing private keys which give you control over an Ethereum account (which includes the ether associated with it and any tokens it has). … You will need to store some ether in the associated account to interact with the Augur contract, anyway (such as to send tokens). …
2
votes
I would like to generate an ethereum address for every user on my platform, via a script
Accounts can be generated entirely off-line without ever connecting to the Internet (there are several questions about this on stack exchange), so yes, you could do it without running a node.
For thi …
2
votes
Accepted
Is it possible to transfer Ether without a contract, like with Bitcoin?
You can transfer ether without a contract. This is used to be (and probably still normally is) the most common type of transaction on the Ethereum blockchain. …
1
vote
Accepted
How to accept Ether payments?
You are still able to check the balances of the accounts for payment purposes, but you won't be able to sweep the ether automatically. …
1
vote
Is it worth to solo with 1Gh?
You can use a Poisson table to determine how many blocks you can expect to find in a given amount of time. For example, at 1 Gh, the expected value of how long it will take you to find a block is 9 da …
1
vote
Why would users care that non-money related dapps are built on Ethereum?
Not directly money, but Ethereum can be used to reduce fraud by intermediaries when distributing aid/welfare (e.g.,m http://www.coindesk.com/united-nations-sends-aid-to-10000-syrian-refugees-using-eth …
1
vote
How to send Ether programatically everyday? (Centralized)
If you already know Python, perhaps it might be fastest/easiest to modify https://github.com/ethereum/pyethereum to run a task periodically (such was via a separate thread in the program itself). You …
1
vote
Ethereum token...*Burn rate*?
You can periodically call a function that burns some ether (or maybe this at some point in the future). … To burn ether, you can send it to an address for which you don't think anyone has the private key for. You can send your ether for burning to this address: 0xd4a0beb031790e5a8c49eeaa188a2e0debae08e7. …
1
vote
Accepted
How to get a private key of an encoded account which was created with geth?
Are you unable to start geth at all for this question? Or do you just not want to sync? If you can start geth, then you can import your keys into MyEtherWallet and send an off-line transaction.