1. What is ieth?

Introduction to iEthereum (IETH) Tokens

iEthereum is a type of token whose name may lead one to mistakenly believe it is directly related to Ethereum, but in reality, it is an independent token. Here are some basic details about iEthereum:

1. Concept: iEthereum is a digital currency based on blockchain technology, designed to provide a decentralized way of trading.
2. Difference: iEthereum is different from Ethereum, despite the similar names. Ethereum is a broader blockchain platform that supports smart contracts and decentralized applications, while iEthereum is a specific token.
3. Trading: iEthereum can be traded on some token exchanges, such as Binance.
4. Technology: iEthereum uses blockchain technology to record transactions, ensuring the security and transparency of trades.

It is important to note that the specific technical details and application scenarios of iEthereum may differ from Ethereum, and investors should carefully understand its characteristics and risks.

2. Who founded ieth?

TokensEthereum was proposed by Vitalik Buterin in 2013. Buterin is a programmer involved in the Bitcoin community who believed that the Bitcoin platform should have a more robust programming language for developers, but was not granted approval by the core Bitcoin developers, which led him to decide to develop a new platform that later became Ethereum.

3. Which venture capital invested in ieth?

According to the information provided, here are some investment details related to Ethereum:

1. Ethereum ICO: On July 22, 2014, Ethereum conducted an ICO, raising funds at a price of 1 BTC for 2000 ETH, and raised over $18 million in total.

2. WANxiang Blockchain Lab: WANxiang Blockchain Lab's CEO Xiao Feng provided $500,000 in cash support to Ethereum in 2015 and promised to return the tokens to WANxiang Group at the donation price once the Ethereum mainnet was launched.

This information mainly pertains to Ethereum's early development and funding support, rather than later investments. Other provided links primarily discuss information about other cryptocurrency projects and investment institutions, without directly mentioning Ethereum’s investment situation.

4. How does ieth work?

iEthereum (IETH) is a token based on Ethereum. Ethereum is a decentralized blockchain platform that uses smart contracts to execute and verify application code. Here’s how iEthereum (IETH) Tokens work:

1. Blockchain Foundation: iEthereum (IETH) is based on Ethereum's blockchain technology. Ethereum's blockchain is a distributed public ledger that records all transactions and ensures security and transparency.

2. Smart Contracts: At the core of Ethereum are smart contracts. Smart contracts are self-executing contracts without the need for third-party intervention. This makes Ethereum an ideal choice for decentralized finance (DeFi) projects.

3. Decentralized Applications (dApps): Ethereum allows developers to build and deploy decentralized applications (dApps). These applications use smart contracts to perform specific tasks and are stored on the blockchain.

4. Ether (ETH): Ether is the native token of Ethereum, used to pay for transaction fees on the network. iEthereum (IETH), as an Ethereum-based token, may also utilize Ether for transactions.

5. Trading: Transactions of iEthereum (IETH) occur through the Ethereum network. Users can send and receive IETH using their Ethereum accounts, with transaction records stored on the blockchain to ensure security and transparency.

In summary, the operation of iEthereum (IETH) Tokens relies on Ethereum's blockchain technology and smart contracts, providing a secure, transparent, and decentralized trading method.