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Blockchain Explained(BTC) to ether (ETH), suggesting a potential outperformance of Ethereum's native token in the coming weeks IBM has released a cryptographic. Smart contracts are simply programs stored on a blockchain that run when predetermined conditions are met. They typically are used to automate the execution. Ethereum is a decentralized blockchain with smart contract functionality. Ether is the native cryptocurrency of the platform. Among cryptocurrencies, ether.