In addition to the last and most important change so far

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In addition to many other things that you might think are science fiction, but they are a reality, such as smart contracts and non-fungible tokens (NFTs) . This is Ethereum, our new Internet as humans, which offers us a completely different and evolving new world (ever heard of Web 3.0?). HISTORY OF ETHEREUM Despite the impact that Ethereum has had, it is relatively recent.

This system only appeared in 2015, less than 10 years before this article Telegram Number Data was written. This was after the genius Vitalik Buterin came up with and wrote about it in 2013, and after the $18 million crowdfunding that the project received in 2014. But since then, Ethereum has gone through a lot of changes, such as the “ hard fork ” that divided Ethereum into: Ethereum - the most important thing we are talking about in our article today - Ethereum, abbreviated ETH. Ethereum Classic, abbreviated ETC. And the overwhelming popularity that Ethereum gained in 2017, years before it reached its highest price ever of $4,700 in November 2021.



Which is The Merge , which made Ethereum more attractive and transformed it from a Proof of Work (POW) system into a Proof of Stake (POS). Read also: Blockchain applications (9 uses of technology that will change the world) If you want to devote an entire article to the history of Ethereum and the many updates it has undergone, in addition to the difference between it and ETC, just tell us in the comments. HOW DOES ETHEREUM WORK? Ethereum, like Bitcoin, depends on blockchain technology, which gives security, decentralization, and freedom to all operations and transactions on and using it. But Ethereum is distinguished by the fact that it works using what is called the Ethereum Virtual Machine.