Sentences with phrase «requires ether tokens»
On the other hand, Ethereum requires contributors to pay for computation with something called «gas,» which requires ether tokens.
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In order to influence development of the project, investors were required to purchase DAO tokens with ether, also known as ETH (the fundamental cryptocurrency fueling Ethereum's operation).
The DIY mining equipment he set up with some students cost $ 3,000 to build and requires $ 80 of electricity a month to mine around $ 300 worth of ether tokens.
Miners would essentially be required to deposit Ether tokens in order to participate in the mining or verification process.
Both require the adoption of their crypto tokens in order to use their platform: Ethereum's Ether and NEO's GAS.
Until today, lending Ether on ETHLend required the borrower to pledge any ERC - 20 compatible token such as DigixDAO or GOLEM tokens as a collateral for the loan.
The protocol stores the Ether and native DAO tokens within its framework but «requires a «Contractor» to build a product, write code or develop hardware.»