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Ether (ETH) is a cryptocurrency token that can be used for a number of purposes including sending and receiving funds. It is part of Ethereum, an open-source, public, blockchain-based distributed computing platform, similar in some respects to Bitcoin. Ether is like cash but it doesn’t require a third party to approve a transaction. One major difference between Bitcoin and Ether is that Bitcoin has a hard cap of 21 million Bitcoins, while Ether does not have that limit.
Ethereum was developed in 2013 and went live in 2015 with 11.9 million coins. It was forked into two separate blockchains in 2016 and there are two versions, Ethereum, which has the symbol ETH and Ethereum Classic which has the symbol ETC. It can be used for Bitcoin Sports Betting
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The value of Ether has fluctuated wildly and more fluctuations should be expected. It went from $21.50 to $8 in June of 2016 but it has been skyrocketing in the last year and a half with its value at nearly $800 in December of 2017. Ethereum has been getting a lot of recent attention due to its many proposed uses including sports betting, electricity sourcing and pricing, finance, etc.
Ethereum has been rolled out in different phases. It is currently in the second phase called “Homestead.” The four phases are “Frontier”, “Homestead”, “Metropolis”, and “Serenity.”
How Do I Buy Ether?
You can buy or sell Ether on one of the many currency exchanges like Coinbase or Kraken. Ether can be traded for other cryptocurrencies or it can be traded for dollars, euros, yen, etc. Ether can be transferred into your sportsbook account and also transferred from your sportsbook account to your digital wallet.
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Along with Bitcoin, the cryptocurrency list that BookMaker.eu now accepts includes Bitcoin Cash, Ether, Litecoin, Monero, Dash, FirstBlood, Aragon, Basic Attention Token, Bancor, Blackcoin, Bitchares, Civic, Clams, Decred, Digibyte, Dogecoin, Edgeless, EOS, Ether Classic, Factoids, FunFair, GameCredits, Gnosis, Golem, Matchpool, Komodo, LBRY Credits, Namecoin, NEM, Numeraire, Nxt, OmiseGo, Potcoin, Augur, Reddcoin, IExec, Salt, Saicoin, Status, Startcoin, SingularDTV, Swarm City, WeTrust, Vericoin, Vertcoin, Waves, Wings, Ripple, Zcash, 0x, Bitcoin Dark, DigixDao, district0x, Emercoin, Iconomi, lisk, Maidsafe, Omni, Nubits, Novacoin, Tenx, Peercoin, Qtum, StorjX, Steem, TokenCard, Tether, Voxels and Counter Party.
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