ethrium
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Here's a brief history of Ethereum Âč:
- 2013: The concept of Ethereum was first described in a white paper by Vitalik Buterin. He argued that blockchain technology could be used for more than just money and that it required a more robust language for development.
- 2014: Buterin announced Ethereum at the North American Bitcoin Conference in Miami. The project was crowdfunded and development began.
- 2015: The Ethereum network went live on July 30th.
- 2016: The DAO, a decentralized autonomous organization, was created on the Ethereum platform. However, it was hacked and $50 million was stolen, leading to a controversial hard fork that resulted in the creation of Ethereum Classic.
- 2017: The Enterprise Ethereum Alliance (EEA) was formed, with over 150 members by the end of the year.
- 2018: The ERC-721 standard for non-fungible tokens (NFTs) was introduced, and the CryptoKitties game was launched on Ethereum.
- 2021: Visa began settling stablecoin transactions using Ethereum, and JP Morgan Chase, UBS, and MasterCard invested $65 million in ConsenSys, a software development firm that builds Ethereum-related infrastructure.
- 2022: Ethereum transitioned its consensus mechanism from proof-of-work (PoW) to proof-of-stake (PoS) in an upgrade known as "the Merge," which cut Ethereum's energy usage by 99%.
- 2024: The "Dencun" or "Deneb-Cancun" upgrade was implemented, which lowered transaction fees on Layer 2 networks built on top of the Ethereum blockchain.
#ethrium #BTCâ
- 2013: The concept of Ethereum was first described in a white paper by Vitalik Buterin. He argued that blockchain technology could be used for more than just money and that it required a more robust language for development.
- 2014: Buterin announced Ethereum at the North American Bitcoin Conference in Miami. The project was crowdfunded and development began.
- 2015: The Ethereum network went live on July 30th.
- 2016: The DAO, a decentralized autonomous organization, was created on the Ethereum platform. However, it was hacked and $50 million was stolen, leading to a controversial hard fork that resulted in the creation of Ethereum Classic.
- 2017: The Enterprise Ethereum Alliance (EEA) was formed, with over 150 members by the end of the year.
- 2018: The ERC-721 standard for non-fungible tokens (NFTs) was introduced, and the CryptoKitties game was launched on Ethereum.
- 2021: Visa began settling stablecoin transactions using Ethereum, and JP Morgan Chase, UBS, and MasterCard invested $65 million in ConsenSys, a software development firm that builds Ethereum-related infrastructure.
- 2022: Ethereum transitioned its consensus mechanism from proof-of-work (PoW) to proof-of-stake (PoS) in an upgrade known as "the Merge," which cut Ethereum's energy usage by 99%.
- 2024: The "Dencun" or "Deneb-Cancun" upgrade was implemented, which lowered transaction fees on Layer 2 networks built on top of the Ethereum blockchain.
#ethrium #BTCâ