Ether network – level 1
24-08-2021 07:00
Ether is a blockchain network. A blockchain network is a special technology. It stores data. It puts data in lists called chains. It is a safe technology. Nobody can steal the data.
People send a digital money called Ethereum in Ether. Ethereum is the second largest digital money. The largest digital money is Bitcoin.
Ether is not very expensive. People pay only a small fee when they do business in Ether.
Ethereum 2.0 is a new version of Ether. It stores more data. Experts say that it will be cheaper than Ether.
People like Ether. They can do business without banks.
Difficult words: data (information in a computer or the Internet), fee (money which somebody must pay for some service), version (another type of the same thing).
You can watch the original video in the Level 3 section.
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