Ethereum ($ETH ) – the second largest cryptocurrency by market capitalization. It differentiates itself from Bitcoin through the presence of smart contracts and a number of other solutions. One of the developers of Ethereum is programmer Vitalik Buterin, who has Russian roots. He presented the concept of the project in 2013.

At the end of 2013, Vitalik Buterin created the technical foundation for Ethereum. At the same time, he gathered a team of developers to improve the project.

On July 22, 2014, the Ethereum team launched the preliminary sale of the project's cryptocurrency.

On July 30, 2015, the developers launched the Ethereum network.

On September 15, 2022, one of the main events in the project's history occurred – the transition from the extremely energy-intensive PoW to a more environmentally friendly PoS algorithm. As a result, ETH abandoned traditional mining in favor of an alternative approach to coin production – staking. The project awaits many more changes ahead. For example, in November 2024, at the Devcon conference in Bangkok, Thailand, Ethereum developer Justin Drake presented the Beam Chain update, which will "from scratch" update the consensus level of the ETH blockchain.$DF $FIRO #BtcNewHolder #Ethereum