About Seven years ago from today the first ethereum block was mined on the blockchain, the genesis block. It’s been sevens years and seven years full of development with their own ups and downs as the infamous DAO hack that had ETH in shambles. But Ethereum grew out of it, devs including Vitalik Buterin improved and are still improving.
Obviously the journey is still not done, there are still a lot of updates to be done and lot of promises to be fulfilled like The Merger. But what Ethereum with their smart contracts and everything else has added to crypto, has elevated our whole sector and massively influenced where we are today in crypto and where we will be in a decade.
Now is juts the time to look back at the marvelous journey of Ethereum and the even more marvelous journey ahead.
Lot of Eth haters out here recently.
Fun fact: There was already 72 million eth (72,009,990 to be exact) **before** eth genesis block
[eth supply before any blocks were mined](https://i.redd.it/bqvl9ck7l2641.png)
Hopefully soon we will be celebrating the first block validated through POS
Wow has it only been 7 years – amazing how far the come.
How many blocks were pre-mined for the Dev team?
***I heard tales from our grand-grand-grand ancestors of times to come where ETH would flip BTC. Have faith my son.***
One day I will tell this stories to my grandchildren.
Ah yes. The block where the premined like 70% of the current supply of ETH. Ah yes the venture capital coin with a marketing department. Yup.
>Crypto as a whole.
Yes, it’s enabled other scams.
Hitching a ride! Vamanos!
Time for the dust to settle and alts to catch up
Wasn’t ethereum released in Aug of 2014🤔🤔
I remember this bcz Joe Rogan had a bitcoin guy on in June.
And the douche didn’t mention Ethereum aaaaaat all
What they have done over 7 years is pathetic really they haven’t fixed anything or had any major upgrade. Only thing they have done is add token buring to pump the price which is dogey as fk choosing to pump the price of their bags over fixing the network. Shows their true intentions and lack of development skill. Just watch they will delay this merge again it was only announced to pump the price.
6 years ago I thought Ethereum was dumb and ‘gas’ was the worst term for fee.
Learned my lesson on that one (via the millions that I do not have).
It wasn’t mined it was minted…