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Ethereum was initially described in a white paper by Russian canadian Vitalik Buterin, a programmer and writer involved with Bitcoin, in late 2013 with a goal of building decentralized applications. As opposed to other bitcoin inspired projects, Ethereum created its own blockchain to provide greater development flexibility by inclusion of a Turing complete programming language. Ethereum's live blockchain was launched on 30 July 2015.
Milestones of the Ethereum development roadmap
The original development roadmap laid out before Ethereum went live specified the following milestones:
- Prerelease Step 0: Olympic testnet - launched May 2015
- Release Step One: Frontier - launched 30 July 2015
- Release Step Two: Homestead - launches 14 March 2016 (Pi Day)
- Release Step Three: Metropolis - TBA
- Release Step Four: Serenity - TBA
While still valid, the substance behind it has changed somewhat. The Olympic testnet phase (before the Frontier release) saw a
Ethereum vs Bitcoin
See also
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