#ETH #EtheruemETF #EthereumSignal #etherimhistory #ETH
Here's a brief history of Ethereum:
_2013_:
- Vitalik Buterin publishes the Ethereum whitepaper in October.
- Buterin and co-founders raise $18 million in Bitcoin through a crowdsale.
_2014_:
- Ethereum's testnet, Olympic, launches in May.
- The first Ethereum conference, DEVCON 0, takes place in November.
_2015_:
- Ethereum's mainnet, Frontier, launches on July 30th.
- The first decentralized application (dApp), Augur, launches on Ethereum.
_2016_:
- The DAO (Decentralized Autonomous Organization) launches on Ethereum, raising $150 million.
- The DAO is hacked, leading to a hard fork and the creation of Ethereum Classic (ETC).
_2017_:
- Ethereum's price surges from $10 to $700.
- Initial Coin Offerings (ICOs) become popular on Ethereum, raising billions.
_2018_:
- Ethereum's price drops to $80 due to market volatility.
- Ethereum's Constantinople hard fork upgrades the network.
_2019_:
- Ethereum's Istanbul hard fork improves network security.
- DeFi (Decentralized Finance) applications on Ethereum gain popularity.
_2020_:
- Ethereum's price surges to $700.
- Ethereum 2.0's Phase 0 launches, starting the transition to proof-of-stake.
_2021_:
- Ethereum's price reaches an all-time high of $4,891.
- The London hard fork introduces EIP-1559, improving network fees.
_2022_:
- Ethereum's Merge upgrades the network to proof-of-stake.
- Ethereum's price drops due to market conditions.
Today, Ethereum is the largest smart contract platform, with a market capitalization of over $200 billion and a vast ecosystem of dApps, DeFi, and NFTs.
Some interesting stories:
- _The DAO Hack_: A vulnerability led to a $50 million hack, resulting in a hard fork and the creation of ETC.
- _Vitalik's Vision_: Buterin aimed to create a decentralized platform for more than just digital currency.
- _Ethereum's Growth_: From a small community to a global phenomenon, Ethereum's growth has been remarkable.