On July 30, 2015, the Ethereum blockchain went live for the first time. Originally authored by Vitalik Buterin and Gavin Wood, the goal of the new protocol was to add a programmable layer on top of a blockchain, something that could only be done in a limited fashion with Bitcoin.
Ethereum’s development was funded via a 3,700-BTC crowdsale, making it the first practical example of what would later be referred to as an “ICO.” Over the next few years, Buterin, the Ethereum foundation, and ConsenSys would become some of the most influential players in the space, kickstarting a new era of blockchain experimentation and development.
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About this Series
"Bitcoin: A Visual History" is ...