Ether Denominations

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The currency used by Ethereum is called ether and is identified by the ticker ETH on exchanges. To pay for computation performed by the Ethereum Virtual Machine, ether is used. Not unlike other fiat or cryptocurrencies, there are denominations, or units of varying size, that use specific names as shorthand.

Ether’s units uses a metric system with the smallest unit being referred to as Wei. One Wei is one quintillion ether. Each of Ethereum’s named denominational units are are listed below in terms of Wei. To convert between ether denominations try our Ethereum Unit Converter.

Ether Denominations

Unit Value in Wei
wei 1 Wei
Kwei (babbage) 1,000 Wei
Mwei (lovelace) 1,000,000 Wei
Gwei (shannon) 1,000,000,000 Wei
microether (szabo) 1,000,000,000,000 Wei
milliether (finney) 1,000,000,000,000,000 Wei
ether 1,000,000,000,000,000,000 Wei

Origin of Ether Unit Names and Nicknames

The names and nicknames used in ether denominations highlight key figures along the path to cryptocurrency as we know it today. You can learn more about each by following the links below:

  • Wei DaiWei Dai was a cypherpunk who is best known for creating b-money.
  • Charles BabbageCharles Babbage is credited with creating the first computer. His mechanical computer, or difference engine as he called it, laid the foundation for the computers we use today.
  • Ada LovelaceAda Lovelace worked with Babbage on the analytical engine, a proposed general computing successor to the difference engine.
  • Claude ShannonClaude Shannon was a pioneering mathematician, electrical engineer, and cryptographer who was known for his contributions to codebreaking during the second World War.
  • Nick SzaboNick Szabo was a cyperpunk who proposed “bit gold” and contributed (amongst other things) the concept of smart contracts to cryptocurrency.
  • Hal FinneyHal Finney worked on the original bitcoin code and received the first bitcoin transaction from Satoshi Nakamoto.