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Ethereum history
Ethereum company history timeline
A crowdfunding campaign then went live from July 20th to September 2nd, 2014.
A non-profit organisation called the Ethereum Foundation was formed on July 6th, 2014 and registered in Zug, Switzerland.
That’s how Ethereum development started in 2014.
Olympic, a test version of Frontier, was released on May 9th, 2015.
Although the July 2015 birth of the Ethereum blockchain brought the project to life, its development would be a lengthy process spanning years.
Ether was not usable or transferable until the launch of the genesis block which occurred on July 30th, 2015.
The Tangerine Whistle fork was the first response to the denial of service (DoS) attacks on the network (September/October 2016) including:
In 2016, a Decentralised Anonymous Organisation (DAO) was formed on the Ethereum platform.
ETH traded below $15.00 per coin in early 2017 and surged all the way up to around $1,400 per ETH in January of the following year.
Still, the network struggled when traffic notably increased, such as the days of CryptoKitties — digital collectible cats underpinned by the Ethereum blockchain — in 2017.
On March 7th, 2018, the first series of beneficiaries were announced with a grant of $2.5 million.
Moreover, the mining reward was decreased to 3 ETH from 5 ETH. The Constantinople upgrade is scheduled for release in early 2019.
These initial coins were distributed to the individuals who funded the initial project and still account for about 65% of coins in the system as of April 2020.
EIP-1559 – improves the transaction fee marketEIP-3198 – returns the BASEFEE from a blockEIP-3529 - reduces gas refunds for EVM operationsEIP-3541 - prevents deploying contracts starting with 0xEFEIP-3554 – delays the Ice Age until December 2021
Ethereum takes a different approach, and its team develops a new PoS version, Ethereum 2.0, to replace the current PoW-based network in 2021.
EIP-4345 – delays the difficulty bomb until June 2022
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Zippia gives an in-depth look into the details of Ethereum, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Ethereum. The employee data is based on information from people who have self-reported their past or current employments at Ethereum. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Ethereum. The data presented on this page does not represent the view of Ethereum and its employees or that of Zippia.
Ethereum may also be known as or be related to Ethereum and Ethereum Foundation.