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

date founded

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

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

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.

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.

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.

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

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