• On this day in 2014, Vitalik Buterin announced Ethereum on the popular Bitcointalk forum
• Vitalik Buterin began participating in ‚Bitcointalk‘ in 2011, and co-founded and started writing articles for Bitcoin magazine.
• In late 2013, Buterin described the idea of a new digital currency in a white paper and sent it to a few of his friends
Nine years ago, on this day, Vitalik Buterin opened the doors to a revolutionary idea that would change the way we think about digital currencies – Ethereum. Buterin’s journey began in 2011 when he first participated in the Bitcointalk forum, a platform created by Satoshi Nakamoto. At the time, he was determined to find a way to improve the existing Bitcoin Blockchain. To do so, he travelled the world and spoke with BTC developers, trying to understand their unique perspectives on the technology.
In late 2013, Buterin took it upon himself to create a new digital currency. He described his vision in a white paper and sent it to a few of his friends. Through his research, Buterin found a way to develop an entirely new blockchain that would come equipped with a programming language and platform that could be used to decentralize applications. It was this white paper that would eventually lead to the development of Ethereum.
On January 23rd, 2014, Buterin announced his idea on the Bitcointalk forum, and the rest is history. Ethereum was born and with it, a whole new world of possibilities. The platform has since evolved and is now used by developers from around the world to create dApps and Smart Contracts.
Today, Ethereum is a popular cryptocurrency that is used for a variety of different purposes. It is also one of the most valuable digital currencies in the world, with a market capitalization of over $100 billion.
Buterin’s vision for Ethereum has been realized and it is a testament to his ingenuity and ambition. His idea has transformed the way we think about digital currencies and has opened up a whole new world of possibilities.