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Ether (ETH) is the main internal crypto-fuel of Ethereum and is used to pay transaction fees.

1 vote
Accepted

Coin based off Ethereum blockchain

If a new coin is based on the Ethereum block chain , does it make sense to only buy Ether ? since new coin is based of Ether . … What the actual rate of your coin (how much ether your coin cost). Lets say all these new coins can be mined, do we need a special miner for all these coins ? …
Roman Kiselenko's user avatar
1 vote

How can the contract move funds from a user wallet to a contract address

You can't, since only owner of ether have the private keys and able to sign transaction, the only way is to get user's private keys. Nobody will give you the private keys. … You can for example create a holder address, user send a deposit to address you own and after that you able to sent some ether from that address. …
Roman Kiselenko's user avatar
1 vote

Transfer real Ether using Api

I want to purchase some Ether from Kraken and then transfer some Ether(Real) to different accounts if they win(Using Kraken API). There is a lot of wrappers around Kraken API. …
Roman Kiselenko's user avatar
3 votes
Accepted

What is pyethereum?

So what is it's use? pyethereum - the core library, featuring the blockchain, the ethereum virtual machine, mining. To develop dapps using python on the ethereum network? No.
Roman Kiselenko's user avatar
2 votes

Purchase real Ether and add to base/default account

Ethereum Consortium Network is a private blockchain network and it does nothing with actual Ethereum. Microsoft provide the blockchain as BaaS on Azure platform. BaaS - Backend-as-a-Service
Roman Kiselenko's user avatar