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  • Intro to Crypto
    • What is Cryptocurrency?
      • Bitcoin
        • Brief History of Bitcoin
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  • Start Using Defi
    • An Introduction to Decentralized Finance
      • Fundamental DeFi Concepts
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        • Ethereum
          • Who created Ethereum?
          • ETH vs BTC
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          • Adding Polygon to MetaMask
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          • Adding Fantom to MetaMask
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      • More coming soon...
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  1. Start Using Defi
  2. Using Your Wallet
  3. Different Networks
  4. Ethereum

Who created Ethereum?

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Last updated 3 years ago

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The Ethereum platform was first proposed by Vitalik Buterin in a blog post titled Ethereum: The Ultimate Smart Contract and Decentralized Application Platform from 2013. A decentralized computer that can run any application given enough time and resources, as he stated in his post, would be a Turing-complete blockchain.

There are no limits to what can be done on a blockchain in the future, other than the imaginations of the creators. The goal of Ethereum is to see if blockchain technology can be used in a way that isn't limited by Bitcoin's design.

How was ether distributed?

Ethereum launched in 2015 with an initial supply of 72 million ether. More than 50 million of these tokens were distributed in a public called an Initial Coin Offering (ICO), where those wishing to participate could buy ether tokens in exchange for bitcoins or fiat currency.

token sale