TheDataGirl

A little blog about big data and other things
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The Solidity chronicles 1: Ethereum Currencies Unit

Solidity is the main language which is chosen to write Smart Contracts for Ethereum. Going forward I will assume that readers will have a basic amount of knowledge about Ethereum, Smart Contracts and solidity. The aim of Ethereum is to provide a platform where people can develop Decentralized Applications (DApps).

So, what do you need to know before you get started?

If you’ve heard of Ethereum, you will have heard about the currency unit, ether (also known as ETH or  Ξ). The smallest possible value is wei. The table below shows the conversion values between the different units.

Value in wei Name SI Name
1 Wei Wei
103 Babbage Kilowei
106 Lovelace Megawei
109 Shannon Gigawei
1012 Szabo microether or micro
1015 finney Milliether or milli
1018 Ether Ether
1021 Grand Kiloether
1024 Mether megaether

There are several ways that a person can get Ether.

  • By mining Ether
  • By trading from one currency to Ether
  • Using a wallet

We will discuss these in more detail in future articles.

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