The crypto community has come together to celebrate the 8th birthday of the Ethereum network, marking eight years since the Ethereum Foundation first sent the network live.
On July 30, 2015, former Ethereum Foundation CCO Stephan Tual penned a blog post, officially announcing that the network had been rolled out.
“The vision of a censorship-proof ‘world computer’ that anyone can program, paying exclusively for what they use and nothing more, is now a reality,” he wrote.
Eight years later, Ethereum and its native currency Ether (ETH) 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.
8 years of growth
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.
Happy birthday Ethereum!
$400 billion in secured value, $3.6 billion in annualized profits, and a total of 17.8 million blocks of uncensorable digital property.
Not bad for an 8 year old.
— RYAN SΞAN ADAMS – rsa.eth (@RyanSAdams) July 30,…
