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Ethereum

Decentralized blockchain with smart contracts and cryptocurrency.
Ethereum

Ethereum, founded in 2013 by Vitalik Buterin, is a decentralized blockchain platform enabling smart contracts and the cryptocurrency Ether. It allows deployment of decentralized applications, DeFi services, NFTs, and supports ERC-20 tokens. In 2022, Ethereum transitioned to proof-of-stake consensus mechanism, significantly reducing energy consumption.

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Timeline

2013-11-27
Publication of Ethereum Introductory Paper
Vitalik Buterin published the Ethereum introductory paper, laying the foundation for the Ethereum blockchain.
2013-12-31
Publication of Bootstrapping a Decentralized Autonomous Corporation Article Series
Vitalik Buterin released the 'Bootstrapping a Decentralized Autonomous Corporation' article series, contributing to the development of decentralized organizations.
2014-02-01
Publication of On Transaction Fees, And The Fallacy of Market-Based Solutions
Vitalik Buterin published the article 'On Transaction Fees, And The Fallacy of Market-Based Solutions', addressing important issues in blockchain technology.
2015-07
Official Launch of Ethereum with Frontier Version
In July 2015, Ethereum officially launched with the implementation of its first version called 'Frontier,' marking the beginning of a new era in blockchain technology. Ethereum quickly became the leading platform for smart contracts and decentralized applications (dapps).
2015-07-30
Ethereum Launch
Ethereum was officially launched on July 30, 2015, as a decentralized platform that enables smart contracts and decentralized applications to be built and operated without any downtime, fraud, control, or interference from a third party.
2016-03-04
Ether Crosses $10 Mark
In March 2016, Ethereum's cryptocurrency Ether crossed the $10 mark, briefly reaching $10.03 on March 4, 2016.
2016-03-14
Homestead
Homestead was the second major version release of the Ethereum platform, marking it as stable for general use and introducing various protocol changes.
2016-06-17
The DAO Hack
A major security breach occurred on the Ethereum blockchain with the hacking of The DAO, leading to a controversial hard fork to recover the stolen funds.
2016-06-17
The DAO Hack and the Hard Fork Decision
The DAO Hack in 2016 led to a significant decision to implement a hard fork in Ethereum's blockchain to reverse the effects of the hack. This event sparked debates on blockchain immutability and governance.
2016-07-20
Decentralized Autonomous Organization (DAO) Hack
An attack on the Decentralized Autonomous Organization resulted in the theft of 3.6 million ETH (US$50 million) by an unknown hacker. A hard fork was initiated on July 20 to attempt to restore the stolen funds, causing a significant drop in the value of Ethereum.
2016-10-25
Metropolis Byzantium
Metropolis Byzantium was a protocol upgrade for the Ethereum network, implementing several improvements such as enhanced security and performance optimizations.
2016-11-23
Spurious Dragon Hard Fork
A protocol upgrade known as Spurious Dragon occurs in the Ethereum network at block number 2,675,000 as a response to denial of service attacks. This upgrade includes four Ethereum improvement proposals (EIP-155, EIP-160, EIP-161, and EIP-170).
2017-08-12
Parity Hack
Hackers exploit a vulnerability in digital wallet service Parity, stealing 153,000 Ether worth approximately US$34 million from three separate multi-signature Ethereum wallets.
2017-10-16
Byzantium Hard Fork
On October 16, 2017, Ethereum underwent the Byzantium hard fork, which was a planned upgrade to the network aimed at improving scalability, security, and privacy. This fork was part of the larger Metropolis upgrade.
2017-11-06
Exploitation of Parity Wallet Service Vulnerability
A Github user named devops199 successfully exploited a vulnerability in the smart-contract library code of the Parity wallet service, resulting in the freezing of funds in 587 wallets holding a total of 513,774.16 Ether and other tokens.
2018-01-04
Ethereum Valuation Surpasses US$1,000
The valuation of Ethereum exceeded US$1,000 for the first time, indicating a significant milestone in the cryptocurrency market.
2018-01-07
Ether Crosses $1000 Mark
Within the first week of 2018, Ether's value surpassed the $1000 mark, indicating a significant milestone for the cryptocurrency.
2018-04-24
Hackers Drain Ethereum Wallets Through Internet Infrastructure Vulnerabilities
Hackers managed to empty Ethereum wallets by exploiting weaknesses in the fundamental infrastructure of the internet. This incident highlighted the security risks associated with digital currency storage.
2018-04-25
MyEtherWallet Users Lose Ether in DNS Server Attack
Approximately 215 Ether, equivalent to around $152,000, is stolen from users of MyEtherWallet.com due to a DNS server attack on Amazon Web Services. The hackers managed to redirect IP addresses associated with the service.
2018-05-31
Ethereum Surpasses Bitcoin in Active Users
In May 2018, Ethereum exceeded Bitcoin in terms of the number of active users, showcasing its growing popularity and adoption within the cryptocurrency community.
2018-06-11
Ethereum's Total Supply Crosses 100 Million
On June 11, 2018, Ethereum's total supply of Ether surpassed 100 million, indicating a significant milestone in the circulation of this cryptocurrency.
2018-06-14
SEC Declares Ethereum Tokens Not a Security
The U.S. Securities and Exchange Commission made an official statement on June 14, 2018, confirming that Ethereum tokens are not classified as securities, providing clarity on the regulatory status of Ethereum.
2019-10-01
Adoption of Ethereum by BitPay for Payment Processing
In October 2019, BitPay, the leading global blockchain payments provider, announced the integration of Ethereum support. This allowed businesses using BitPay to accept Ethereum for purchases seamlessly without requiring additional integration or enhancements.
2020-01-02
Launch of Ethereum 2.0 (Serenity Phase)
Ethereum 2.0, also known as Serenity, aimed to make the network more scalable, secure, and sustainable by transitioning to proof-of-stake and implementing shard chains.
2020-11-24
Ethereum 2.0 Beacon Chain Launch
The Ethereum 2.0 Beacon Chain was launched, marking the beginning of Ethereum's transition to a proof-of-stake consensus mechanism.
2020-12-01
Ethereum 2.0 Phase 0
Ethereum 2.0 Phase 0 marked the launch of the Beacon Chain, a significant step towards transitioning Ethereum to a proof-of-stake consensus mechanism.
2021-02-18
Homestead Release
The Homestead Release of Ethereum took place on February 18, 2021, signifying a major update and advancement in the Ethereum project.
2021-02-19
Steve Wozniak Dumps Facebook and Supports Ethereum
In February 2021, Apple's co-founder Steve Wozniak publicly announced his decision to divest from Facebook and expressed his belief in Ethereum as a potential successor to Apple.
2021-02-23
Ethereum Surpasses Litecoin in Market Cap
Ethereum's market capitalization exceeds that of Litecoin due to its sustained upward trajectory.
2021-03-04
Microsoft Releases Ethereum-Based Protocol
Microsoft launched an Ethereum-based protocol.
2021-03-25
Hard Fork No. 4: Spurious Dragon
Ethereum Foundation conducted Hard Fork No. 4 known as Spurious Dragon. The event took place on March 25, 2021.
2021-03-29
Launch of new ethereum.org developer portal
The Ethereum Foundation introduced the new developer portal on ethereum.org, aiming to provide developers with a comprehensive platform for Ethereum development resources.
2021-04-09
CoinShares Launches Ethereum ETP
CoinShares launched an Ethereum Exchange Traded Product (ETP) with $75 million in funds.
2021-04-12
Current ETH Price
As of April 12, 2021, the price of Ether (ETH) is $2,144.42 for one coin, which is about 302 times the price five years ago, showing significant growth.
2021-05-31
Ethereum Overtakes Bitcoin in the Number of Active Users
According to a news article from ethereumworldnews.com, Ethereum has surpassed Bitcoin in the number of active users.
2021-07-15
Ethereum Becomes Second-Largest Cryptocurrency
Ethereum is now the second-largest cryptocurrency by market capitalization, accounting for approximately 18% of the cryptocurrency market.
2021-08-05
London Upgrade
The London upgrade implemented EIP-1559, revolutionizing the transaction fee market on Ethereum. It improved user experience and gas fee predictability, setting a new standard for transactions.
2021-10-02
Ethereum Activates 'London Hard Fork'
Ethereum implemented a significant change known as the 'London hard fork', marking a major milestone for the platform.
2021-11-09
Ethereum's Highest Value
On November 9, 2021, Ethereum reached its peak value of $4,815.01.
2022-09-15
Ethereum Transitions to Proof-of-Stake
Ethereum transitioned from proof-of-work to proof-of-stake in an upgrade known as 'the Merge', significantly reducing energy consumption.
2024-03-13
Cancun-Deneb Upgrade
The Cancun-Deneb upgrade includes improvements to Ethereum's execution and consensus layers, focusing on scalability and data storage cost reduction for layer 2 rollups. It introduces Proto-Danksharding and enhances stakers' control over their funds.
End of the Timeline
Ethereum

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