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In what year was Ethereum born?

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Release: 2024-04-24 11:27:11
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Ethereum was born on July 30, 2015. It was conceived by Vitalik Buterin and aims to provide an open platform for smart contracts, create a decentralized application ecosystem, and establish a scalable and universal blockchain. . The platform has been continuously updated since its inception, including the Ethereum Classic fork (2016), the ERC-20 token standard (2017), the difficulty bomb mechanism (2018), and the Ethereum 2.0 upgrade (2019, officially launched in 2021 ).

In what year was Ethereum born?

##Year of the birth of Ethereum

2015

Origin and Background

Early Concept

The concept of Ethereum was first proposed by Vitalik Buterin in 2013. Buterin was an early contributor to the Bitcoin protocol, but he believed Bitcoin lacked scalability and flexibility.

Ethereum White Paper

In 2014, Buterin published the Ethereum white paper outlining the technical details and vision of the platform. The white paper introduces the three main goals of Ethereum:

    Provide an open platform for smart contracts.
  • Create a decentralized application ecosystem.
  • Build a scalable, universal blockchain.

Crowdfunding and ICO

In July 2014, the Ethereum Foundation launched an ICO (Initial Coin Offering) to fund the development of the project. The ICO sold 60 million Ethereum (ETH) tokens and raised more than $18 million.

Official release

On July 30, 2015, the Ethereum mainnet was officially launched. This marks a major milestone for Ethereum from concept to reality.

Development History

Since its release, Ethereum has continued to evolve, introducing new features and improvements:

  • 2016 :Ethereum Classic (ETC) fork.
  • 2017:Introduced ERC-20 token standard.
  • 2018:Implement the difficulty bomb mechanism.
  • 2019:Launch of Ethereum 2.0 upgrade.
  • 2021:Ethereum 2.0 is officially launched.

Today, Ethereum is the world’s largest smart contract platform and a major player in the cryptocurrency and decentralized application space.

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