Ethereum’s journey began on July 30, 2015, marking a pivotal moment in blockchain technology. This launch date signifies the beginning of a revolutionary path, profoundly influencing the cryptocurrency and financial landscape.
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The Frontier Launch: Ethereum’s Genesis
The Ethereum frontier launch on July 30, 2015, was more than just a release; it was the genesis of a new era. For the first time, a fully functional blockchain space came to life, enabling developers to build and deploy decentralized applications (dApps).
Pre-Launch Development and Testing
Before the official launch, the Ethereum Foundation dedicated 18 months (2014-2015) to rigorous development and testing. Multiple codenamed prototypes, culminating in “Olympic,” a public beta, were created. The Olympic network even featured a bug bounty program, offering 25,000 ether to those who could stress-test the blockchain.
Ethereum’s Initial Price and Market Performance
Upon its launch, Ethereum was priced at approximately $2.92. While it experienced lows of $0.4457 in October 2015, it eventually reached a peak of $4,786. This price history showcases Ethereum’s volatile but ultimately upward trajectory.
The Significance of Ethereum’s Start Date
Understanding the Ethereum release date is crucial for grasping its impact. From its initial launch to its current role in modern trading platforms, Ethereum’s origin story provides valuable insights into its evolution and significance.
