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In 2013, a young genius programmer named Vitalik Buterin was inspired by the innovation of Bitcoin and conceived a grander vision. He believed that Blockchain technology should not be limited to Digital Money transfers but should become a global platform capable of supporting complex computations and smart contracts. Buterin's vision stemmed from his passion for technology, Cryptography, and the idea of Decentralization, as well as his profound understanding of the inherent flaws in the TradFi system.
Although Buterin shared his ideas within the Bitcoin community, he failed to gain widespread recognition. Therefore, he decided to independently explore this new field. In November 2013, Buterin published the Ethereum white paper, outlining a revolutionary concept: a decentralized global computer network capable of executing any program designed by developers and supporting immutable smart contracts. This white paper was like a lightning bolt, instantly igniting the enthusiasm of developers and innovators around the world.
The development journey of Ethereum has not been smooth. In 2014, Buterin and a group of like-minded partners, including Gavin Wood and Charles Hoskinson, raised $18 million worth of Bitcoin through crowdfunding to build the Ethereum network. This financing pioneered the blockchain field and became one of the most notable crowdfunding projects at that time.
Since then, Ethereum has gradually grown into a core platform in the Blockchain field, driving the vigorous development of decentralized applications, smart contracts, and digital assets. It has not only changed people's perception of Blockchain technology but also provided strong momentum for global financial innovation and the transformation of the digital economy.
Ten years have passed, and Ethereum has evolved from a young programmer's dream into a technology revolution that impacts the world. It has provided countless entrepreneurs and developers with an open and innovative platform, giving rise to a large number of groundbreaking applications and solutions. Despite facing numerous challenges, Ethereum continues to maintain a strong development momentum, constantly pushing the boundaries of Blockchain technology, evolving towards a more Decentralized, efficient, and sustainable direction.
Buterin's vision has far exceeded the initial concept, and Ethereum is reshaping the way we interact with technology, finance, and forms of social organization. With continuous technological advancements and the ongoing expansion of the ecosystem, Ethereum is expected to continue leading the Blockchain revolution in the next decade, contributing to the creation of a more open, fair, and efficient digital world.