#EthereumTurns10 🧠 Celebrating 10 Years 🎉
1. Launch and Origin:
• Ethereum was launched on July 30, 2015, conceived by Vitalik Buterin and other co-founders.
• Created to go beyond Bitcoin, allowing smart contracts and decentralized applications (dApps).
• The initial sale (ICO) raised about $18 million in 2014.
🚀 2. Key Milestones (2015–2025)
• 2016 – DAO Hack: Smart contract failure caused a loss of $60 million. Resulted in the hard fork that separated Ethereum and Ethereum Classic.
• 2017 – ICO Boom: Ethereum was the engine for thousands of ICOs, driving the network and the price of ETH.
• 2020 – DeFi Explosion: Projects like Uniswap and Aave popularized DeFi (decentralized finance).
• 2021 – NFTs on the Rise: Ethereum was the cradle of collections like CryptoPunks and Bored Ape Yacht Club.
• 2022 – The Merge: Historic shift from Proof of Work (PoW) to Proof of Stake (PoS), reducing energy consumption by 99.95%.
• 2023–2025 – Rollups & Layer 2s: Massive adoption of solutions like Optimism, Arbitrum, and Base for scalability.
• 2024 – Dencun Upgrade: Crucial improvements with proto-danksharding to reduce fees on L2s.
📈 3. Economic and Social Impact
• ETH became the second largest crypto in the world by market value.
• Over 1 million developers contributed to the network.
• Ethereum moves hundreds of billions of dollars in stablecoins, NFTs, and tokens.
• Projects like Vitalik Buterin’s Ethereum Foundation helped with social and scientific initiatives.
🔮 4. The Future of Ethereum
• Focus on scalability, decentralization, and accessibility.
• Potential growth with artificial intelligence, blockchain gaming, and decentralized digital identity.
• Ethereum 2030? Rumors about Ethereum being fully “stateless” and with a greater modular focus.
#ETHETFsApproved #Ethereum #ETHETFS #ETHCorporateReserves $ETH