11 Critical Moments in Ethereum’s History That Made It the No.2 Blockchain
Monday, 19 August 2024, 08:30
Milestones in Ethereum's Journey
The success of Ethereum can be traced through significant events that have defined its evolution. From inception to upgrades, these moments are pivotal:
- Vitalik Buterin's Vision: Inspired by Bitcoin, Vitalik laid the foundation for Ethereum.
- The Crowdsale: In 2014, Ethereum raised over $18 million.
- The DAO Hack: A significant early challenge that tested the community's resolve.
- Hard Fork: Resulting from the DAO fiasco, this fork created Ethereum Classic.
- Smart Contracts: Revolutionizing decentralized applications.
- Proof of Stake Transition: Moving towards sustainability.
- DeFi Explosion: Ethereum as the backbone for decentralized finance.
- NFT Boom: Catalyst for a new digital art economy.
- Ethereum 2.0: The ambitious upgrade aiming for scalability.
- Pectra Upgrade: The next significant development on the horizon.
Looking Ahead
As Ethereum prepares for the Pectra upgrade, the community eagerly anticipates its potential to propel the blockchain to new heights. Each of these milestones contributes to Ethereum's status as a leading blockchain, inspiring both innovation and development within the technology sector.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.