Ether network – level 1
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.
You can watch the original video in the Level 3 section.
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