The primary Ethereum client is written in Golang. The blockchain was eventually forked, with the former camp (i.e., Buterin’s) becoming Ethereum and the latter becoming Ethereum Classic.Įthereum is a smart contracts platform where contracts are coded in either the programming language Solidity or the experimental language Vyper. On the other, the community proponents of ‘code is law’ who viewed any hard fork as a violation of Ethereum’s core principles. On one side, there was Buterin and the community who wanted to hard fork the protocol to roll back the stolen funds from the hack. In what has become a defining moment for the cryptocurrency industry, two camps emerged from the debacle.
However, Ethereum quickly ran into trouble as The DAO, an investor-driven community VC fund, was hacked for roughly $150 million in June 2016.
Ethereum officially went live in July 2015 with its ‘Homestead’ release, signaling the emergence of the first Turing-complete smart contracts platform. Buterin worked with prominent contemporary cryptocurrency figures such as Joseph Lubin and Charles Hoskinson on Ethereum’s early development, and in July 2014, Ethereum underwent a crowdsale that raised $14 million.
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