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London Update Goes Live

1st August 2021

In August 2021, the London update went live. It included Ethereum Improvement Proposal ("EIP") 1559, which aimed to change the way transaction fees, or “gas fees,” are estimated.

Ether ICO

1st July 2014

Ether officially went on sale on July 22, 2014. The sale lasted for 42 days.

Date Founded

22nd July 2014

Ethereum Goes Live

1st July 2015

In 2014, the development work on Ethereum began and the project was crowdfunded. The network itself went live in July 2015.

The DAO Hack

1st June 2016

Ethereum DAO suffered a hack that took over 3.6 million ETH from the DAO’s asset pool.

Enterprise Ethereum Alliance (EEA) formation

1st February 2017

In February 2017, blockchain leaders, adopters, and innovators from all over the world formed an Enterprise Ethereum Alliance (EEA), the organization that supports and backs Ethereum and related developments and initiatives.

VISA accepts USDC on Ethereum

1st March 2021

In March 2021, Visa started settling transactions with crypto partners in USDC on Ethereum. Visa is already partnering with 35 digital currency platforms, including Coinbase, Crypto.com, BlockFi, and Bitpanda.

The Merge

1st September 2022

Ethereum transitioned its consensus mechanism from proof-of-work (PoW) to proof-of-stake (PoS) in an upgrade process known as "the Merge".

Shanghai Upgrade

1st March 2023

Ethereum’s Shanghai upgrade, scheduled for mid-March in 2023, will enable stakers and validators to withdraw assets from the Beacon Chain.

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