The miracle of creation: the immortal legend of Vitalik Buterin and Ethereum
In 2014, a 20-year-old Russian boy came to Hangzhou, China alone and gave away 5,000 virtual coins on the street at an exhibition. He introduced his technology to everyone, but almost everyone regarded him as a liar and few people believed him. However, a few years later, these 5,000 coins were worth 150 million.
This coin is Ethereum (ETH), and this boy is the famous Vitalik Buterin!
You may ask, what is ETH?
ETH is a digital currency, but more importantly, it is a technology and tool, and even the future of the world.
Vitalik Buterin's growth path originated from his experience in World of Warcraft. An upgrade by Blizzard changed his gaming experience and made him realize the drawbacks of centralized services. From then on, he began to think about how to break the centralized model until he discovered Bitcoin.
Vitalik Buterin was attracted by the decentralization of Bitcoin, but also realized its limitations and market demand. So he created Ethereum.
At the end of 2013, Vitalik Buterin published a paper detailing the concept and role of Ethereum, which was widely praised. In 2014, he came to China for the first time to explore the pre-sale of Ethereum.
The birth of Ethereum was not easy, and it went through the development of technology and the test of the market. In 2016, due to a vulnerability in a project, ETH forked and ETC was produced. This incident made people doubt the security of ETH, but also demonstrated the resilience of the Ethereum community.
With the advent of the bull market, the price of ETH has been rising, attracting more and more investors and developers. In 2017, with the prevalence of ICO, the market value and influence of ETH further expanded.
However, the bear market in 2020 brought ETH to the bottom, and many investors were disappointed, but this did not stop the development of Ethereum. The outbreak of DeFi has revitalized ETH and made it a mainstay in the digital financial world.
In 2021, with the advent of the big bull market, ETH has once again become the focus, and the price has soared to a new high. People began to explore new opportunities to get rich, such as the development of test networks and L2 networks.
In general, Ethereum has experienced ups and downs, but has always adhered to its original intention of decentralization and innovation.It is not only a digital currency, but also a legendary story, a force that influences the world.
The market is unpredictable and opportunities are fleeting. Only by paying close attention to every subtle change and seizing your own opportunities can you remain invincible in the ups and downs of the market. Today, are you ready? Let's look forward to the wonderful interpretation of the market together!
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