History of Ethereum by Adioma PTE LTD

Ethereum is the second largest cryptocurrency by market cap. It is one of the most widely used blockchain network layers, powering smart contracts, DeFi (decentralized finance), etc.

In this infographic, "History of Ethereum", we visit the previous inventions that led to the creation of Ethereum, and how Ethereum evolved from just an idea into one of the most influential blockchain networks today.

This timeline shows how small events, such as Vitalik Buterin offering to write articles on an online forum, led to titanic shifts in the crypto industry. Ethereum faces many challenges; market crashes, China's ban of crypto transactions, and high energy consumption. From these events, new use cases of the technology are continuously invented, such as Initial Coin Offerings (ICOs) for fundraising, and Non-fungible Tokens (NFTs) as a new type of digital asset. DeFi (decentralized finance) provides peer-to-peer financial networks, while DAOs (decentralized autonomouse organizations) enable member-owned organizations. Most recently, Ethereum completed "the Merge", an algorithmic change that reduces Ethereum's consumption by 99.95%.