Yes, today marks five years since the Ethereum blockchain was launched opening up approach to blockchains via smart contracts.
On Ethereum, you can write code that controls digital value, runs exactly as programmed, and is accessible anywhere in the world.
SEE ALSO: An Overview of the Ethereum Blockchain Ecosystem in 2019
Ethereum is currently developing and planning to implement a series of upgrades called Ethereum 2.0. Current specifications for Ethereum 2.0 include a transition to proof of stake and an increase in transaction throughput using sharding technology.
In brief:
- The initial release of Ethereum was 5 years ago on July 30th
- To date, Ethereum is the most popular smart contract platform
- DeFi and ETH2.0 occupy center stage on Ethereum’s fifth anniversary
Happy fifth birthday, @ethereum! ??
— Augur (@AugurProject) July 30, 2020
As of this writing, digital assets issued on Ethereum comprise the strongest asset classes of 2020 with an average gain to date of 130%.
One-third of Ethereum-based markets have more than doubled in value since the start of the year, with Ether ranking as the 41st-strongest performing asset with Year-To-Date gains of 142%.
DeFi has definitely become a buzzword in the crypto space in 2020 and Ethereum is fueling this ne wave bringing cryptocurrencies closer to the masses.
