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Solidity Programming Essentials
book

Solidity Programming Essentials

by Ritesh Modi
April 2018
Intermediate to advanced
222 pages
5h 28m
English
Packt Publishing
Content preview from Solidity Programming Essentials

Ether

Ether is the currency of Ethereum. Every activity on Ethereum that modifies its state costs Ether as a fee, and miners who are successful in generating and writing a block in a chain are also rewarded Ether. Ether can easily be converted to dollars or other traditional currencies through cryptoexchanges.

Ethereum has a metric system of denominations used as units of Ether. The smallest denomination or base unit of Ether is called wei. The following is a list of the named denominations and their value in wei which is available at https://github.com/ethereum/web3.js/blob/0.15.0/lib/utils/utils.js#L40:

var unitMap = {   'wei' : '1'   'kwei': '1000',   'ada': '1000',   'femtoether': '1000',   'mwei': '1000000',   'babbage': '1000000', 'picoether': ...
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Publisher Resources

ISBN: 9781788831383Supplemental Content