#E T TIME CONVERTER SOFTWARE#

Prior to ETH, Buterin co-founded and wrote for the Bitcoin Magazine news website. He authored the original white paper that first described Ethereum in 2013 and still works on improving the platform to this day.

Russian-Canadian Vitalik Buterin is perhaps the best known of the bunch.

They first met on June 7, 2014, in Zug, Switzerland. Who Are the Founders of Ethereum?Įthereum has a total of eight co-founders - an unusually large number for a crypto project.

#E T TIME CONVERTER SOFTWARE#

5, 2021, the “London” hard fork.Įthereum’s own purported goal is to become a global platform for decentralized applications, allowing users from all over the world to write and run software that is resistant to censorship, downtime and fraud. 2, 2020, “Berlin” on April 14, 2021, and most recently on Aug. The Ethereum Foundation officially launched the blockchain on July 30, 2015, under the prototype codenamed “Frontier.” Since then, there has been several network updates - “Constantinople” on Feb. Taking Ethereum’s price now, this puts the return on investment (ROI) at an annualized rate of over 270%, essentially almost quadrupling your investment every year since the summer of 2014. The project team managed to raise $18.3 million in Bitcoin, and Ethereum’s price in the Initial Coin Offering (ICO) was $0.311, with over 60 million Ether sold. Buterin, along with other co-founders, secured funding for the project in an online public crowd sale in the summer of 2014. ETH works as a platform for numerous other cryptocurrencies, as well as for the execution of decentralized smart contracts.Įthereum was first described in a 2013 whitepaper by Vitalik Buterin.

Ethereum is a decentralized open-source blockchain system that features its own cryptocurrency, Ether.

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