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What is Ethereum? [The Most Updated Step-by-Step-Guide!]

Crypto gist

What is Ethereum? [The Most Updated Step-by-Step-Guide!]

Ethereum is an international platform that distributes money and new types of applications. In Ethereum, you can write code that controls your money and create programs that can be accessed from anywhere in the world.

Is Ethereum Better Than Bitcoin?
Beyond Bitcoin and the first generation of distributed applications

While blockchain technology is often associated with Bitcoin, it has many other much better uses than digital currencies. In fact, Bitcoin is one of the hundreds of applications that use blockchain technology today.

Until recently, creating complex blockchain programs required complex experience in coding, cryptography, math, and significant resources. But times have changed. Before the program’s inception, electronic voting and digitally recorded assets, rules and transactions were being developed and developed faster than ever. By providing entrepreneurs with the tools they need to build distribution applications, ether is doing everything it can.

The most remarkable
November 2013: Vitalik Buterin publishes the ethereal archive on.
January 2014: The development of the Ethereum platform is officially announced. Ethereum’s first development team included Vitalik Buterin, Mihai Alisie, Anthony Di Iorio, and Charles Hoskinson.
August 2014: Ethereum completed its ICO, for a gross amount of $ 18.4 million.
May 2015: The Olympic Ether Test unleashes the “network”.
July 30, 2015: Launch of the first phase of Ethereum’s development, “Frontier”.
March 14, 2016: Heimahúsið, the first “stable” version of ether, comes out in a box containing 1,150,000 copies.
June 2016: DAO and Ether buy $ 50 million, or 15% of the total ether in circulation at the time.
October 25, 2016: Ethereum Classic is based on the original Ethereum protocol.
October 16, 2017: Byzantium Metropolis is updated.
February 28, 2019: Metropolis Constantinople is undergoing a hardware upgrade.
Ethereum Simplified is an open source software platform based on blockchain technology that enables developers to build and deploy distributed programs.

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