In 2015, a group of developers launched the Ethereum Foundation in order to support the Ethereum protocol and network. The foundation is a non-profit organization with the mission of promoting and supporting Ethereum platform and base layer research, development, and education.
The foundation has control over the Ethereum brand, website, social media accounts, and trademarks. It also controls the development of the Ethereum software client, which is available under an open source license.
The foundation is funded by donations from the Ethereum community, as well as by grants and sponsorships. The foundation does not control the Ethereum network or protocol.
NOTE: WARNING:
The Ethereum Foundation is an independent, non-profit organization and has no single entity in control. As such, no single person or entity should be considered to be in control of the Foundation. Any claims that one person or entity controls the Foundation should not be taken seriously. Additionally, it is important to note that the Ethereum Foundation is not responsible for any services related to the Ethereum platform. Any claims that services provided by the Ethereum Foundation are endorsed or approved by it should also not be taken seriously.
The Ethereum Foundation is led by a group of core developers, including Vitalik Buterin, who is the creator of Ethereum. Other core developers include Gavin Wood, Jeffrey Wilcke, and Joseph Lubin.
The foundation has a governing body called the Board of Directors, which is responsible for setting the strategic direction of the organization. The board is composed of seven members, including Vitalik Buterin and Gavin Wood.
The foundation also has an Executive Director, Aya Miyaguchi, who is responsible for managing the day-to-day operations of the organization.
The foundation is headquartered in Zug, Switzerland.
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Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property. This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middleman or counterparty risk.
The Ethereum Foundation is a non-profit organization that was created to support Ethereum’s development and to promote its widespread adoption. The foundation is responsible for managing the Ethereum protocol and funding the development of Ethereum-related software and hardware. The foundation is funded by a variety of sources, including donations from individuals and organizations, as well as proceeds from the sale of Ether.
When it comes to cryptocurrency, Ethereum is the second most popular platform after Bitcoin. And like Bitcoin, Ethereum addresses are also pseudonymous, which means that the identity of the person or group behind an address is not revealed. So, who owns an Ethereum address?
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. Ethereum is a public blockchain-based distributed computing platform featuring smart contract functionality. It provides a decentralized virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes.
Vitalik Buterin is a Russian-Canadian programmer and writer primarily known for his work on Ethereum, an open source public blockchain platform. He is a co-founder of Ethereum and one of its lead developers. Buterin first became interested in blockchain and cryptocurrency technology in 2011 and he soon became involved in the Bitcoin community, co-founding Bitcoin Magazine in September 2011.