🎉 Happy 5th Birthday Ethereum!

Ethereum, the distributed network that serves as the base layer for most of DeFi, launched five years ago. In its short life, Ethereum has grown to become the second-largest cryptocurrency after bitcoin, surpassing it in other metrics, including in number of daily transactions and settlement value.Another measure of its success, as I recently wrote in a CoinDesk column, is to examine whether Ethereum builders achieved what they set out to do.“Rather than being limited to a specific set of transaction types, users will be able to use Ethereum as a sort of ‘Minecraft of crypto-finance,” Vitalik Buterin wrote in the Etheruem whitepaper.Vitalik listed the following applications, which he imagined could live on this protocol: Sub-currencies, Financial derivatives, identity and reputation systems, Decentralized Autonomous Organizations, insurance, decentralized data feeds, gambling and prediction markets, a full-scale on-chain stock market and an on-chain decentralized marketplace.Read more submitted by /u/Shudip_47[link] [comments]from Ethereum https://www.reddit.com/r/ethereum/comments/i0w07l/happy_5th_birthday_ethereum/
Go to Source
Author:

error: Alert: Content is protected !!