Ethereum's 8th birthday: Crypto industry shares its top moments

📆 31/07/2023 12:05 a. m.
📰 Cointelegraph

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On this day eight years ago, the ethereum Foundation announced that the Ethereum network has rolled out live. Since then, Ethereum has grown to be one of the most integral elements of the crypto industry.

Community members marked the occasion by sharing fond memories and looking back at its prices, development and overall growth since inception.

Bankless co-host Ryan Sean Adams, noted that Ethereum reportedly boasts $400 billion in secured value, $3.6 billion in annualized profits, and a total of 17.8 million blocks of digital assets.$400 billion in secured value, $3.6 billion in annualized profits, and a total of 17.8 million blocks of uncensorable digital property.

CZ said Buterin was speaking about ETH “non-stop” at the time and joked about missing out on buying Ethereum at inception. “If I had bought ETH then, I might not have had the need or drive to start Binance. Who knows?” he quipped.

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ethereum Eight years later, Ethereum has grown to become the second-largest crypto asset in existence, boasting a market capitalization of $225 billion and more than 1,900 monthly active developers.

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