Ether or Ethereum

While people usually say Ethereum, it is not Ethereum that you buy. You buy Ethereum Network Tokens, called Ethers.

The tokens are necessary to process smart contracts. Each smart contract (transaction is also a smart contract, albeit not that smart) consumes a little bit of Ether.

How much Ether gets consumed depends on complexity of smart contract and how much the Ethereum node network is stressed.

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