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When Was Ethereum Launched?

Ethereum, one of the most popular and influential blockchain networks in the world today, was launched on July 30th, 2015. The idea behind this platform is to provide a decentralized infrastructure for developers to build smart contracts and decentralized applications (DApps), which can be used for various purposes such as finance, supply chain management, digital identity verification, gaming, and more.

The concept of Ethereum was first proposed by Vitalik Buterin, a Russian-Canadian programmer, in late 2013. He wrote the Ethereum whitepaper in November 2013 and began working on the project full-time after raising funds through an online crowdsale in July-August 2014. The team behind Ethereum consisted of Vitalik Buterin, Mihai Alisie, Anthony Di Iorio, Charles Hoskinson, Gavin Wood, and Jeffrey Wilcke.

Ethereum's creation filled a gap left by Bitcoin; while the world’s first blockchain was designed primarily for peer-to-peer transactions using its native cryptocurrency, Ether (ETH), Ethereum introduced programmable smart contract capabilities that enable developers to create complex applications. This innovation has led to numerous advancements in blockchain technology and decentralized finance (DeFi).

Since its launch, Ethereum has grown significantly in terms of user adoption, developer activity, and market capitalization. It continues to be an important platform for decentralized application development and plays a vital role in the broader blockchain ecosystem.

In conclusion, Ethereum was officially launched on July 30th, 2015, marking a significant milestone in the history of blockchain technology as it introduced smart contracts and laid down the groundwork for the future of decentralized applications.