Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference.
In 2014, a 19-year old Vitalik Buterin, who was already involved in the Bitcoin community, realized that Bitcoin needed a scripting language for application development. He proposed the creation of Ethereum to the core developers of Bitcoin, and they agreed.
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They decided to create a new blockchain with a more general scripting language, and Ethereum was born.
Vitalik Buterin is the founder of Ethereum. He first proposed the idea of Ethereum in 2013, and it was launched in 2015.
Vitalik is also a co-founder of Bitcoin Magazine, and he has been involved in the Bitcoin community since 2011.
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Ethereum was founded in 2014 by Vitalik Buterin, a Russian-Canadian programmer. Buterin had previously co-founded Bitcoin Magazine and was involved in the Bitcoin community before proposing Ethereum as a way to address some of Bitcoin’s limitations. Ethereum’s development was funded by a crowdsale in which participants purchased ether, the cryptocurrency native to the Ethereum blockchain.
Ethereum was first proposed in 2013 by Vitalik Buterin, a Russian-Canadian programmer. He was interested in Bitcoin, but he thought that it could be improved. He believed that Bitcoin needed a scripting language for application development.
