Anyone who wants to buy an ETH - based token (like in most ICO's) they have to
pay with Ether.
Not exact matches
With the current price of
Ether (ETH) hovering around $ 20 (USD) per unit, users spending
Ether may end up
paying more than the $ 1 value of a single VIP token.
Reports from CCN point out that: To explain the Plasma Cash model, Buterin gives the example that if a user deposits some amount of
ether to a crypto exchange or any third party service, a Plasma coin would be created
with the same value of
ether and a unique ID that can not be merged or split.In contrast
with Plasma, Plasma Cash would only require users to
pay attention to the blocks that contain coins they want to keep track of:
If you're interested in using cryptocurrencies like bitcoin or
Ether — whether you want to
pay with the coins or simply keep the coins as an investment — you're going to need a wallet.
Transfers of tokens are recorded in distributed ledgers called blockchains, and buyers
pay for the instruments
with cryptocurrencies such as bitcoin and
ether.
«
With so much consumption now happening on the same screen, we are in a moment in time when we are figuring out what the true value proposition is for e-books — not only in terms of buying access to a locked - down file that lives in the
ether versus buying a print book, but between
paying $ 14.99 for a single e-book title versus $ 8.99 a month for unlimited Netflix viewing.»
«A writer's work has value and should be
paid for» As our #FutureChat recap comes to the
ether, my Bookseller colleague Philip Jones, inCornerstone in joint venture
with Unbound, is reporting that the UK's Penguin Random House imprint Cornerstone will take over publishing trade editions of books crowdfunded on the Unbound platform.
ALBANESE:
With so much consumption now happening on the same screen, we are in a moment in time when we are figuring out what the true value proposition is for ebooks — not only in terms of buying access to a locked - down file that lives in the
ether versus buying a print book, but between
paying $ 14.99 for a single ebook title versus $ 8.99 a month for unlimited Netflix viewing.
Of course being run on the Ethereum blockchain also has some downsides — mainly that users have to
pay a transaction fee anytime they interact
with the network, meaning that both creating tokens and airdropping them to friends cost real
Ether.
The decentralised Ethereum network is run by computers around the world, and developers and users
pay for computing resources
with Ether.
In essence, its a large
pay - as - you - go computer,
with ether - computational power - the currency that brings these computerised functions to life.
If you're interested in using cryptocurrencies like bitcoin or
Ether — whether you want to
pay with the coins or simply keep the coins as an investment — you're going to need a wallet.
On the other hand, Ethereum requires contributors to
pay for computation
with something called «gas,» which requires
ether tokens.
With kids accepting bitcoin on lemonade stands, teenagers investing in
ether to
pay for college and traders standing up crypto - trading desks, there is no doubt that cryptocurrencies have helped democratize blockchain.
The gas cost of any transaction is
paid for
with an
Ether fee.
ICO participants can
pay with Bitcoin, Litecoin, Bitcoin Cash,
Ether, Dogecoin, or wire transfers (
with some restrictions).
CoinDesk Two private preschools in New York City now allow parents to
pay for tuition
with bitcoin,
ether and litecoin.