*History of ETH: The rise of the Ethereum blockchain*
Ethereum is a blockchain that hosts a notable amount of functionality for developers building solutions on Ethereum as a base. The Ethereum blockchain has a native coin that is known as Ether (ETH) tickers down
$2,582, which is used to pay for activity on the Ethereum blockchain.
The coin also trades on crypto exchanges and fluctuates in value. Other assets built on the Ethereum blockchain such as ERC-20 tokens, for example, require ETH as payment for fees associated with any transactions of those assets.
The Ethereum blockchain was written in the Solidity programming language. A nonprofit entity, the Ethereum Foundation, serves as one of the overseers of the Ethereum project.
*Ethereumâs early days*đïžâđšïž
Although the Ethereum blockchain has a number of founders, Vitalik Buterin was the one who initially published a white paper explaining the concept of Ethereum in November 2013.
Following Buterinâs initial work, other brains jumped on board in various capacities to help bring the project to fruition.
Vitalik Buterin, Gavin Wood, Charles Hoskinson, Amir Chetrit, Anthony Di Iorio, Jeffrey Wilcke, Joseph Lubin and Mihai Alisie are all considered co-founders of Ethereum.
Its transition over to the consensus layer aims to solve its challenges.
