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It is the biggest cryptocurrency and in 2017 alone, the price of Bitcoin rose from a little under $1,000 at the beginning of the year to close to $19,000, ending the year more than 1,400% higher.
While Bitcoin and Ether are both digital currencies, the primary purpose of Ether is not to establish itself as a payment alternative (unlike Bitcoin) but to facilitate and monetize the working of Ethereum to enable developers to build and run distributed applications (ĐApps).
It is modeled after bitcoin but is designed to improve upon some of the largest cryptocurrency's features. For example, the coin limit for litecoin is four times the size of bitcoin: 84 million versus 21 million.
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