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10 Years of Ethereum (ETH): Highlighting Key Developments of the Blockchain

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by Giorgi Kostiuk

2 days ago


Ethereum (ETH), the first and largest programmable blockchain, celebrates its 10th anniversary since launching in July 2015. Over this decade, Ethereum has become the backbone of the global cryptocurrency economy, undergoing numerous significant changes and upgrades.

Launch and Key Milestones of Ethereum

Ethereum was launched on the mainnet on July 30, 2015, becoming the first blockchain platform for executing smart contracts. Since its inception, Ethereum has achieved several key milestones:

- Ethereum whitepaper release — November 2013 - ICO and mainnet launch — July 2014 - July 2015 - The DAO hack and subsequent Ethereum/Ethereum Classic fork — June-July 2016 - Byzantium hard fork — October 2017 - Difficulty bomb adjustments — September 2015 - June 2022 - Constantinople hard fork — February 2019 - EIP 1559 activation — August 2021 - The Merge — September 2022 - Cancun-Deneb hard fork — March 2024 - Prague-Electra hard fork — July 2025

These advancements solidified Ethereum's place in the market, showcasing its adaptability.

Why the 10th Anniversary of Ethereum Matters

The 10th anniversary of Ethereum is a significant event for the entire cryptocurrency ecosystem:

- Sustainability. Ethereum has created balanced technical and economic systems that do not rely on external funding. - Leadership. Ethereum remains the largest blockchain by TVL and the number of active dApps. - Flexibility. The platform adapts swiftly to changes in the blockchain segment and activates new features. - Ecosystem. Ethereum originated numerous Layer-2 blockchains and the Ethereum Virtual Machine, enabling a new generation of engineers to develop dApps.

What Lies Ahead for Ethereum

Ethereum has already outlined its developmental roadmap. In late Q4 2025, the activation of the Fulu-Osaka hard fork is expected, which will introduce Peer Data Availability Sampling and change how the Ethereum Virtual Machine processes smart contract bytecode. These updates will enhance validator efficiency and improve overall network performance. The Gloas-Amsterdam upgrade, expected in H1 2026, will further accelerate scalability and reduce transaction costs.

Ethereum's 10th anniversary is a testament to its innovations and impact on the blockchain industry. With numerous successful upgrades and developments on the horizon, Ethereum remains a key player in the decentralized applications ecosystem.

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