Questions about Ethereum

Short answers, pulled from the story.

When did Vitalik Buterin publish the Ethereum white paper?

Vitalik Buterin published the Ethereum white paper in late 2013. He described a new way to build decentralized applications that could handle real-world assets like stocks and property.

What happened during the June 2016 Ethereum hack?

An unknown hacker exploited a flaw in the system in June 2016 and stole millions of dollars worth of tokens. The community decided to split the network, creating two separate blockchains where one chain continued as Ethereum with the stolen funds recovered.

On what date did Ethereum complete The Merge update?

Ethereum completed an update known as The Merge on the 15th of September 2022. This transition moved the consensus mechanism from proof-of-work to proof-of-stake and cut the blockchain's energy usage by over 99 percent.

How did CryptoKitties impact the Ethereum network in 2017?

CryptoKitties launched as a blockchain game featuring digital cat artwork as non-fungible tokens in 2017. The project gained mainstream media attention and consumed substantial capacity during peak times, highlighting scalability concerns.

When was the Enterprise Ethereum Alliance founded and who were its founding members?

Fortune 500 companies began forming partnerships through the Enterprise Ethereum Alliance in March 2017. Thirty founding members included major institutions like Microsoft, Intel, and JPMorgan Chase.