Companies • July 30, 2023, 11:51AM EDT
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UPDATED: July 30, 2023, 11:53AM EDT

Today marks Ethereum's eighth birthday

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The Block

Quick Take

  • On July 30 2015, Ethereum’s genesis block was first loaded. 
Today marks eight years since the Ethereum Foundation announced the rollout of its network.
 
On July 30, 2015, former Ethereum Foundation CCO Stephen Taul wrote an official blog post, announcing that the network’s genesis block had been "loaded."

"The Dev team joins me in thanking each and everyone of you for your support during the past year and half. It’s incredible to see the progress that has taken place since that humble first commit on Christmas Eve 2013," the blog said. "The vision of a censorship-proof ‘world computer’ that anyone can program, paying exclusively for what they use and nothing more, is now a reality."

Since that day, Ethereum has grown to become the second-largest blockchain ecosystem, with its native asset, ether, boasting a market capitalization of $227 billion.

Ethereum was co-founded by an array of prominent crypto figures, including Vitalik Buterin, who continues to actively contribute to the network. Other co-founders include Gavin Wood, Anthony Di Iorio, and Joseph Lubin.

Vitalik Buterin published the introductory Ethereum white paper in 2014.


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