As Ethereum reaches its 8th anniversary, it stands as a monumental milestone in the world of blockchain technology. Ethereum, founded by Vitalik Buterin in 2015, introduced the concept of smart contracts and decentralized applications, reshaping the way we interact with digital platforms. In this article we will review the main facts of Ethereum's history.

What is Ethereum and what is it known for?

Ethereum emerged as a revolutionary blockchain platform in 2015, expanding beyond the simple concept of digital currency. At its core, Ethereum is an open-source and decentralized platform that enables developers to build and deploy smart contracts and decentralized applications (DApps). Smart contracts are self-executing agreements with predefined terms written in code, removing the need for intermediaries in transactions. This decentralized approach ensures transparency, security, and immutability.