Total MarketCap:$00
API
EN
Dark

SearchSSI/Mag7/Meme/ETF/Coin/Index/Charts/Research
00:00 / 00:00
View
    Markets
    Indexes
    NewsFeed
    TokenBar®
    Analysis
    Macro
    Watchlist
Share
ChorusOne

🎉Today, @ethereum celebrates its 10th anniversary! Let's take a look back at some of the most significant moments in Ethereum's journey (2014 to July 2024).

✅ 2014: The Birth of #Ethereum

- Whitepaper Released: In late 2013, Vitalik Buterin releases the Ethereum whitepaper, proposing a platform for decentralized applications (dApps) using smart contracts.

- Crowdsale: Ethereum raises over $18 million in Bitcoin, marking one of the largest initial coin offerings (ICOs) ever.

✅ 2015: Ethereum Launch

- Frontier Release: Ethereum’s first live release, "Frontier," goes live on July 30, enabling developers to start building dApps and deploying smart contracts.

✅ 2016: The DAO and Ethereum Classic

- The DAO Hack: A vulnerability in The DAO results in the loss of $50 million worth of Ether.

- Hard Fork and Ethereum Classic: To recover the stolen funds, the Ethereum community votes for a hard fork in July 2016, creating two separate chains: Ethereum ($ETH) and Ethereum Classic (ETC), which continues on the original chain.

✅ 2017: The Rise of ICOs

- ICO Boom: Ethereum becomes the platform of choice for launching ICOs, with numerous projects raising billions of dollars through token sales.

- Metropolis Byzantium: The Byzantium upgrade, part of the Metropolis phase, goes live in October 2017, introducing several improvements to security, privacy, and scalability.

✅ 2018: Scaling Challenges

- @CryptoKitties: The popularity of CryptoKitties, a blockchain-based game, highlights Ethereum’s scalability issues as it significantly slows down the network in December 2017 and early 2018.

- Constantinople Upgrade: Originally scheduled for 2018, the Constantinople upgrade is delayed due to security vulnerabilities found during testing.

✅ 2019: Advancements and Delays

- Constantinople and St. Petersburg: The delayed Constantinople upgrade finally occurs in February 2019, along with the St. Petersburg upgrade, addressing security issues and optimizing the network.

- DeFi Growth: DeFi projects start gaining traction, leveraging Ethereum for smart contracts and dApps.

✅ 2020: DeFi Summer and Ethereum 2.0

- DeFi Summer: The summer of 2020 sees explosive growth in DeFi, with platforms like @Uniswap, @Compound, and @aave driving massive user engagement and network activity.

- Ethereum 2.0 Beacon Chain: The first phase of Ethereum 2.0 launches, introducing the transition to proof-of-stake (PoS). 🚀

✅2021: Network Upgrades and NFTs

- Berlin Upgrade: In April 2021, the Berlin upgrade goes live, optimizing gas costs and enhancing network security.

- EIP-1559 and London Upgrade: The London hard fork, implemented in August 2021, includes EIP-1559, which introduces a mechanism to burn a portion of transaction fees, aiming to make Ethereum's fee structure more predictable and reduce inflation.

- NFT Boom: Non-fungible tokens (NFTs) gain immense popularity, with Ethereum being the primary platform for NFT creation and transactions.

✅ 2022: The Merge , L2s and an updated Roadmap

- Ethereum 2.0: "The Merge" finally occurs in September 2022, transitioning Ethereum from PoW to PoS, significantly reducing energy consumption and laying the foundation for future scalability improvements.

- Layer 2 Solutions: Layer 2 scaling solutions like @Optimism, @arbitrum, and zk-Rollups gain traction, offering faster and cheaper transactions.

- In November 2022, @VitalikButerin shares an updated roadmap for Ethereum: https://t.co/Dq7OGjsGH0

✅2023: Shanghai Upgrade

- Shanghai Upgrade: Implemented in March 2023, this upgrade focuses on enabling stakers to withdraw their staked $ETH, providing liquidity and improving network functionality.

✅ 2024 : Restaking and EIP-4844

- Restaking: Introduces mechanisms for restaking, allowing stakers to secure multiple protocols simultaneously, led by @eigenlayer, @symbiotic, @Karak_Network.

- EIP-4844 (Proto-Danksharding): Implemented in May 2024, this upgrade enhances the scalability of the network, making it more efficient for data-heavy applications.

Here's to a decade of innovation and growth! 🎉🚀

All You Need to Know in 10s
TermsPrivacy PolicyWhitePaperOfficial VerificationCookieBlog
sha512-gmb+mMXJiXiv+eWvJ2SAkPYdcx2jn05V/UFSemmQN07Xzi5pn0QhnS09TkRj2IZm/UnUmYV4tRTVwvHiHwY2BQ==
sha512-kYWj302xPe4RCV/dCeCy7bQu1jhBWhkeFeDJid4V8+5qSzhayXq80dsq8c+0s7YFQKiUUIWvHNzduvFJAPANWA==