What is Ethereum and Ether? Two Different Meanings.
What is Ethereum?
Ethereum is a distributed, blockchain-based open source computing platform, and the operating system functions as a smart contract. Ethereum was proposed by Vitalik Buterin at the end of 2013. Vitalik is one of the leading cryptocurrency researchers and programmers today.
Development of the blockchain Ethereum was funded through online Crowdfunding which took place between July and August 2014. Blockchain Ethereum appeared on July 30, 2015, around 11.9 million Ether Premined coins were used for crowdsale, or 13 percent of total ETH circulation.
The DAO project collapsed in 2016, Ethereum is divided into two separate blockchains. Until today the market is Ethereum (ETH), while the original blockchain is called Ethereum Classic (ETC). Ethereum provides a Turing-complete decentralized virtual machine, Ethereum Virtual Machine (EVM). Both can run scripts using a network of public nodes.
In the blockchain it is set to 'Gas', a mechanism for pricing internal transactions to reduce spam and allocate network resources. Gas will be paid using Ether from every account that makes a transaction. The Ethereum address consists of the prefix ‘0x’ as a hexadecimal common identifier. This combination is combined with a 20 byte Keccak-256 from the ECDSA public key.
What is Ether?
What about Ether, why do many people want crypto? Ether is a cryptocurrency derived from the Ethereum platform with the ETH symbol. Ether can be transferred between accounts and used to compensate for the mining computing node.
The growth of Ethereum's selling value in 2017 reached more than 13,000 percent. The blockchain's main crypto selling price Ethereum has made many people join into the community. Both miners and software developers jointly build communities. Currently thousands of tokens are generated from the Ethereum platform, and dozens of dApps have been released to the public.
It must be realized, many people mistakenly sent Ethereum tokens to Ether (ETH) wallet. Tokens that run on the Ethereum platform generally use ERC20 and ERC721 wallets. Not all ETH wallets support the storage of these tokens. For tokens usually use the MyEtherWallet platform, here we can store ETH, ERC20 and ERC721 tokens.
Well, this explanation has at least explained quite clearly what Ethereum and Ether are. Very clearly the difference between them, Ethereum is a blockchain and Ether (ETH) is the main currency. And not necessarily ETH wallet can store ERC20 and ERC721 tokens.