Here is the history of Ethereum (ETH) ¹:

*Launch*

- Ethereum was first described in a 2013 whitepaper by Vitalik Buterin.

- In 2014, Buterin and other co-founders secured funding for the project through an online public crowd sale, raising $18.3 million in Bitcoin.

- Ethereum’s price in the Initial Coin Offering (ICO) was $0.311, with over 60 million Ether sold.

*Network Launch*

- The Ethereum Foundation officially launched the blockchain on July 30, 2015, under the prototype codename “Frontier.”

*Network Updates*

- "Constantinople" on Feb. 28, 2019

- "Istanbul" on Dec. 8, 2019

- "Muir Glacier" on Jan. 2, 2020

- "Berlin" on April 14, 2021

- "London" hard fork on Aug. 5, 2021

*Founders*

- Ethereum has eight co-founders.

- Russian-Canadian Vitalik Buterin is the best-known co-founder.

- Other co-founders include Gavin Wood, Anthony Di Iorio, Charles Hoskinson, Mihai Alisie, Joseph Lubin, Amir Chetrit.

*Ethereum’s Goal*

- Ethereum’s goal is to become a global platform for decentralized applications, allowing users from all over the world to write and run software that is resistant to censorship, downtime and fraud.

Ethereum is the second-largest cryptocurrency by market capitalization and its price movements often set the tone for the rest of the market ².