At the end of 20 13, the technology of Ethereum was put forward by a young man named Vitalik Butrin. It emphasizes that it is an intelligent contract system. Its essence is the same as bitcoin, except that you can generate any number of different bitcoin systems on this platform.
From July to August of 20 14, the currency of the Ethereum system was sold to the outside world, and * * sold 1 .9 million aether (about 13% of the total aether), at that time1aether. Ethereum can be simply understood as the shares in Ethereum, monetizing the shares, and its core purpose is to raise funds by issuing its own virtual currency. Ethereum is the first case of financing by issuing its own virtual currency in the world. This method is now called Initial Coin Issuance (ICO), which simply means issuing your own virtual currency for the first time.
On July 30th, 20 15, Ethereum was officially launched. In order to realize the benign development of the Ethereum ecology, the Ethereum team set up a non-profit organization "Ethereum Foundation" to encourage others to find system loopholes, making management more rigorous than Bitcoin. Ethereum ensures the openness and standardization of applications by establishing alliances, with many large enterprises and universities participating, such as Microsoft, Intel and Cornell University. In addition, as a distribution platform, Ethereum is becoming more and more popular, so a large number of Ethereum are needed. Everyone has to buy Ethereum to buy the virtual currencies of different companies issued on the platform of Ethereum, so the demand for Ethereum will increase rapidly with the rapid rise of ICO popularity.
Sentinel Wang Yuquan judged that the price of Ethereum might exceed bitcoin.