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.
Vitalik Buterin published the Ethereum introductory paper, laying the foundation for the Ethereum blockchain.
Vitalik Buterin released the 'Bootstrapping a Decentralized Autonomous Corporation' article series, contributing to the development of decentralized organizations.
Vitalik Buterin published the article 'On Transaction Fees, And The Fallacy of Market-Based Solutions', addressing important issues in blockchain technology.
Vitalik Buterin introduces Ethereum Script 2.0, a significant update to the Ethereum protocol.
Ethereum conducted an initial coin offering (ICO) between July 22 and Sept. 2, 2014, raising over $18 million worth of ETH by selling the native coin in exchange for funds to support the project's development.
The Ethereum Foundation rolled out the 'eπ' Ethereum-on-Raspberry Pi programme on May 14, 2015. The initiative aimed to place a full Ethereum node on the internet to communities worldwide.
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).
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.
The first Ethereum transaction took place on August 7, 2015, using the transaction hash of block 46147.
On August 14th, 2015, Ethereum experienced its first price spike, increasing from its initial release price of just over $0.3 per coin to $1.8278. Vitalik Buterin was featured in crypto news outlets discussing blockchain fundamentals.
A protocol release occurs on September 8, 2015.
English musician Imogen Heap releases the single Tiny Human as a digital contract on the blockchain, showcasing the transparent and fair sharing of music without intermediaries using Ethereum's smart contracts.
Microsoft introduces an Ethereum toolkit tailored for business users to facilitate blockchain application development.
Microsoft collaborates with blockchain software technology company ConsenSys to utilize Ethereum for providing Blockchain-as-a-Service on Azure. This partnership enables business users to access Ethereum Blockchain-as-a-Service, known as 'E BaaS'.
On January 28, 2016, Ethereum's market capitalization exceeds that of Litecoin, indicating its growing prominence and value in the cryptocurrency market.
In March 2016, Ethereum blockchain software provider BlockApps achieved a significant milestone by becoming the first certified offering on Microsoft Azure's Blockchain-as-a-Service marketplace. This allowed enterprises and developers to easily deploy a certified blockchain environment on Azure.
In March 2016, Ethereum's cryptocurrency Ether crossed the $10 mark, briefly reaching $10.03 on March 4, 2016.
On March 13th, 2016, Ethereum saw a significant price climb and rally to $14.48 as German automotive company RWE partnered with an Ethereum-based startup. Asian crypto exchanges also added support for ETH.
Homestead was the second major version release of the Ethereum platform, marking it as stable for general use and introducing various protocol changes.
Vitalik Buterin announces Ethereum's partnership with R3CEV on Lizardcoin, aiming to merge centralized finance and Blockchain technology.
In April 2016, Ethereum was utilized for the first paid energy trade using blockchain technology, marking a significant milestone in the adoption of cryptocurrencies for real-world transactions.
On April 12, 2016, the price of Ethereum (ETH) was $7.10 for one coin, according to Coindesk historical data. If you bought $10 worth of ETH at that time, you would have had 1.4 ETH.
In April 2016, Vitalik Buterin, the co-founder of Ethereum, pitched the idea of integrating Ethereum with the Hyperledger Project, showcasing the potential for collaboration between different blockchain platforms.
By June 16th, 2016, Ethereum surpassed a $1 billion market cap and continued to climb higher. The Ethereum-based 'The DAO' raised $50 million, leading to a price increase to $20.59.
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.
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.
On June 18th, 2016, Ethereum faced a major setback as the decentralized investment fund 'DAO' was hacked, resulting in a loss of $50 million and a crash in ETH price to $11.33.
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.
A team of developers successfully completed the first off-blockchain transaction on Ethereum by sending ether from Copenhagen to Mumbai.
FirstBlood, an eSports rewards platform built on Ethereum, successfully raised $6 million in a crowdsale on September 26, 2016, according to Finance Magnates.
JP Morgan was reported to be quietly working on a private Ethereum blockchain on October 3, 2016, by CoinDesk.
In October 2016, a protocol upgrade took place in the Ethereum ecosystem, marking a significant development within the network's infrastructure.
Metropolis Byzantium was a protocol upgrade for the Ethereum network, implementing several improvements such as enhanced security and performance optimizations.
On November 2, 2016, an Ethereum bug caused smart contracts to be reset, leading to the need for a reevaluation of the system.
Microsoft announced a new blockchain product specifically for Ethereum on November 3, 2016, showcasing their increased focus on the Ethereum platform.
Deloitte allows blockchain developers to access Ethereum Identity Platform. The event occurred on November 9, 2016.
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).
December 5th, 2016, marked an Ethereum hard fork to return DAO tokens. Rumors circulated about JP Morgan building a decentralized network on the Ethereum blockchain, leading to a price drop to $6.8271.
Erste Bank of Austria recognizes Ethereum projects in a startup competition. The award ceremony was held on December 6, 2016.
Administrators of the Ethereum Project reveal a security breach impacting more than 16,500 users of the platform's community forums, which are utilized for discussions and information sharing related to Ether mining and trading.
The Bancor Protocol Whitepaper is unveiled, marking a significant milestone in the Ethereum blockchain ecosystem.
An Ethereum IoT project emerged victorious and secured $100k in a Dubai Blockchain Hackathon, according to CoinDesk.
Project Oaken, a startup focused on developing an Ethereum-based platform for Internet of Things (IoT) applications, secures a prize of US$100,000 at a blockchain hackathon held in Dubai.
On March 4, 2017, Microsoft introduced the 'Coco Framework', an Ethereum-based solution aimed at enhancing the speed and efficiency of blockchain networks, showcasing the tech giant's commitment to blockchain innovation.
Blockchain startup Bloq announces its membership in the Enterprise Ethereum Alliance, a collaborative group aiming to enhance the adoption of Ethereum technology in enterprise applications.
Storj Labs, a cloud storage company based in Atlanta, announces its plan to move its decentralized storage service to the Ethereum blockchain.
On April 26, 2017, a U.S. investment firm initiated a private fund worth $10 million focused on ethereum classic, a variant of the popular cryptocurrency Ethereum.
In May 2017, WINGS Token was introduced on the Ethereum platform, leading to a trading volume of $1 million on Bittrex. This event was covered in a press release by Bitcoin News.
The decentralized cryptocurrency exchange protocol 0x transitions from a white paper to a functioning early stage over-the-counter (OTC) platform for exchanging ethereum-based tokens, initiating trade settlements.
Chinese cryptocurrency exchange OKCoin officially starts offering services for depositing and withdrawing Ethereum, expanding its support for the popular cryptocurrency.
Several tokens based on the Ethereum blockchain were released, expanding the ecosystem and utility of the platform.
On June 21, 2017, TenX launched its initial coin offering (ICO) for a token built on the Ethereum blockchain.
In July 2017, it was reported that the energy consumption of Ethereum and Bitcoin combined had exceeded the power budgets of entire countries, highlighting the significant energy usage of these cryptocurrencies.
In July 2017, hackers managed to steal $34 million in Ethereum in the second cryptocurrency theft incident of the week, raising concerns about the security of digital assets.
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.
The founder of Ethereum made a deal with the Russian Development Bank.
In September 2017, the Chinese regulator issued a directive to cease all Initial Coin Offerings (ICOs) in the country, instructing exchanges to stop trading tokens and to refund funds raised to investors. This move led to a significant drop in the price of Ethereum.
On September 8, 2017, Ethereum released a new blockchain token. This event marked a significant development in the Ethereum platform.
An Amazon subsidiary registered domains related to cryptocurrency and Ethereum, indicating potential interest in the blockchain technology.
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.
Blackmoon Financial Group launched the Blackmoon Crypto Platform on the Ethereum blockchain. This platform is designed for tokenized vehicles, offering a new way to access investment opportunities.
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.
The valuation of Ethereum exceeded US$1,000 for the first time, indicating a significant milestone in the cryptocurrency market.
Within the first week of 2018, Ether's value surpassed the $1000 mark, indicating a significant milestone for the cryptocurrency.
Vitalik Buterin, the leader of Ethereum, donates $2.4 million worth of ether to the life extension nonprofit SENS Research Foundation.
Unicef initiates the Game Chaingers scheme, aiming to engage gamers in mining Ethereum using their computer processing power to raise funds for Syrian children.
UNICEF recruited gamers to mine Ethereum as a way to assist Syrian children. The organization sought to leverage the gaming community's resources for humanitarian purposes.
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.
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.
In May 2018, the Enterprise Ethereum Alliance was established by 500 companies to collaborate and set standards for blockchain technology, particularly focusing on Ethereum.
In May 2018, Ethereum exceeded Bitcoin in terms of the number of active users, showcasing its growing popularity and adoption within the cryptocurrency community.
On June 11, 2018, Ethereum's total supply of Ether surpassed 100 million, indicating a significant milestone in the circulation of this cryptocurrency.
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.
A fintech CEO believes that Ethereum may drive blockchain technology to be as widely adopted as the Internet, indicating its potential impact on the future of technology.
Google announces the availability of Ethereum dataset in BigQuery for smart contract analytics. This allows regular Chrome users to access and read all the data stored on Ethereum's blockchain.
Tech analyst Ian McLeod predicts that advancements on the Ethereum blockchain could potentially reduce Bitcoin's dominance in the next five years.
Norwegian software company Opera announces that Opera for Android now supports Ethereum to enable users to make transactions and developers to build decentralized apps.
The Constantinople fork, part of the Metropolis upgrade in Ethereum, was initially scheduled to occur at block number 7,080,000 but was postponed due to issues with EIP-1283. It was later rescheduled to block 7,280,000 and renamed St. Petersburg.
On March 13, 2019, crypto service provider Abra integrated native Ethereum support into its platform. This allowed users to directly receive, hold, sell, and buy Ethereum within the cryptocurrency wallet and exchange.
French financial services company Société Générale released approximately US$112 million worth of bonds in the form of a security token on the public Ethereum blockchain on April 23, 2019.
The Ethereum Foundation has revealed plans for a $30 million network development initiative.
On May 22, 2019, Ethereum continued its blockchain development efforts. The specific details or projects related to this development were not provided in the input.
BitPay announced the launch of support for Ethereum, allowing users to utilize Ethereum's cryptocurrency.
In September 2019, the mining community increased Ethereum's network capacity by 25% to facilitate more transactions per second, resulting in lower fees. Miners raised the gas limit, surpassing 10 million per block, a significant 25% rise from the previous week.
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.
UNICEF launched a Crypto Fund backed by the Ethereum Foundation in October 2019.
In November 2019, hackers managed to steal $48.7 million worth of Ethereum from the South Korean cryptocurrency exchange Upbit.
An Ethereum research scientist was arrested for giving a blockchain presentation in North Korea, raising concerns about technology transfer and compliance with international regulations.
The Istanbul Hard Fork for Ethereum was implemented on this date, bringing changes and improvements to the Ethereum network.
The Ethereum Muir Glacier Upgrade was implemented on December 31, 2019. It aimed to address issues related to the Ethereum network and improve its performance.
The Muir Glacier hard fork occurs at block 9,200,000 in the Ethereum blockchain. It includes one improvement proposal, EIP 2384, which delays the difficulty bomb for another 4,000,000 blocks or approximately 611 days.
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.
The Berlin upgrade optimized gas costs and transaction types on Ethereum, enhancing the network's efficiency. It was a step towards improving user interactions and smart contract operations.
Approximately $60 million worth of Bitcoin was transferred to the Ethereum network in June. This movement indicated a significant shift in assets between the two cryptocurrencies.
A book by Camila Russo published on July 14, 2020, discussing the role of crypto-hackers in developing Ethereum as the next internet.
Nebeus introduced Ethereum on July 18, 2020, explaining how it works.
Ethereum miners experienced a 60% surge in their income within a month. This rise in earnings highlighted the growing activity and profitability of Ethereum mining.
On July 28, 2020, Augur (REP) was introduced on the Ethereum network, utilizing Ethereum's infrastructure.
Staking is introduced to the Ethereum ecosystem through the staking deposit contract.
PayPal launches a new service allowing customers to buy, hold, and sell cryptocurrencies like Bitcoin, Ethereum, and Litecoin directly from their PayPal account.
Binance launches an Ethereum mining pool for miners to participate in the Ethereum network.
Further developments in the Ethereum blockchain occur on this date.
The Ethereum 2.0 Beacon Chain was launched, marking the beginning of Ethereum's transition to a proof-of-stake consensus mechanism.
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.
Binance has introduced an Ethereum mining pool with reduced fees compared to its competitors.
The Homestead Release of Ethereum took place on February 18, 2021, signifying a major update and advancement in the Ethereum project.
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.
Bitso, a Mexican cryptocurrency exchange, introduced an Ethereum market on February 21, 2021, expanding the options for users to trade Ethereum.
Ethereum digital currency experienced a significant drop in value following a $50 million hack.
Ethereum's market capitalization exceeds that of Litecoin due to its sustained upward trajectory.
Crypto asset management firm CoinShares introduces an exchange-traded product (ETP) supported by Ethereum, securing $75 million in funds.
Amazon Managed Blockchain finally added support for Ethereum after a two-year wait.
Microsoft launched an Ethereum-based protocol.
CME Group announced the launch of Ether Futures on March 7, 2021, providing institutional investors with a regulated platform to trade Ethereum futures contracts.
A domain lookup for ethereum.org conducted on who.is on March 20, 2021.
Ethereum Foundation conducted Hard Fork No. 4 known as Spurious Dragon. The event took place on March 25, 2021.
Ethereum underwent a hardfork to transition to the Homestead phase at block 1150000, enhancing the network's capabilities.
The Ethereum Foundation introduced the new developer portal on ethereum.org, aiming to provide developers with a comprehensive platform for Ethereum development resources.
CoinShares launched an Ethereum Exchange Traded Product (ETP) with $75 million in funds.
Ethereum Classic's roadmap was accessed on April 11, 2021.
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.
The Berlin network upgrade was implemented on 14 April 2021 for Ethereum.
According to a news article from ethereumworldnews.com, Ethereum has surpassed Bitcoin in the number of active users.
Ethereum is now the second-largest cryptocurrency by market capitalization, accounting for approximately 18% of the cryptocurrency market.
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.
On 27 August 2021, the Ethereum blockchain experienced a brief fork due to clients running different incompatible software versions.
Ethereum implemented a significant change known as the 'London hard fork', marking a major milestone for the platform.
The Altair upgrade introduced sync committees and enhanced penalties for validators, aligning development with The Merge. It was a significant step towards Ethereum's evolution.
On November 9, 2021, Ethereum reached its peak value of $4,815.01.
Vitalik Buterin, the co-founder of Ethereum, expressed his views on the future development and challenges facing the Ethereum ecosystem.
The Bellatrix upgrade prepared the Beacon Chain for The Merge by implementing validator penalties and updating fork choice rules. It facilitated the transition from proof-of-work 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.
The Shanghai-Capella upgrade enabled staking withdrawals in the execution layer and consensus layer, allowing stakers to withdraw ETH from the Beacon Chain. It also introduced new features to enhance validator functionality.
SEC Chair Gensler refrained from confirming whether Ether is considered a security during a heated congressional hearing.
Ethereum is a decentralized, open-source blockchain platform that has gained immense popularity in recent years.
In mid-October 2023, the SEC was engaged in a legal battle with Greyscale regarding the rejection of Grayscale's Bitcoin ETF, which resulted in a significant impact on the cryptocurrency market.
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.
The future of Ethereum is uncertain, with possibilities of mass adoption for various use cases like payments and social media, but also facing challenges like smart contract exploits and regulatory crackdowns on decentralized cryptocurrencies.