Finally: Ethereum goes live!

Finally: Ethereum goes live!

Someday on 29. or 30. July, depending on the location where you are, Ethereum goes live with the first version of „Frontiers”.

Ethereum’s great standards are to create a TURING-specific blockchain. Imagine it like a Bitcoin with its blockchain, which stores all transactions decentralized, only that the transactions not only contain amounts, but complete programs that are then executed decentrally.

Now the first version is there, which, according to their developers, works. Ethereum is nothing less than a new programming language. It should be the programming language for blockchains. The DAPPS-decentralized applications-are built with this language are contracts that execute themselves, programs that are charged in a decentralized cloud or old coins that ride freely on the Ethereum blockchain. The possibilities are limitless. Web 1.0 was one -sided, web 2.0 social, and web 3.0 will become decentralized (with Ethereum). So the story that Ethereum tells.

The launch, which is now taking place at some point, is labyrinthian. So far, Ethereum has only been running in the testnet. But if Block 1.028.201 is found – this can happen at any moment – the Frontier opens: The hash from #1028201 is the key to carry out the program that forms the Genesis Block with which every blockchain begins to live.

Thousands of programmers and curious will build up the Genesis block in your Ethereum client in the coming days. The first version, the „Frontiers”, will be naked, bare and coarse. Ethereum recommends waiting for the next, more user -friendly version if you don’t get along with command lines and write programs from scratch.

In the following year, the other versions „HomeSead”, „Metropolis” and „Serenity” are to follow, unlock new features and increase user -friendliness and security.

The team led by Vitalik Buterin is financed by a huge crowdfunding. Ethereum has sold so -called “ether”. These are coins or. Token that drive the programs on the blockchain like a gasoline – or like coins that you throw in a machine so that it plays a plate. The developers took around $ 18 million in Bitcoin by selling the Ethers. This was the second largest crowdfundent ever. Investors hope for an increase in the course of the ether, which have been relatively stable since the Presale in 2014 and have been a little bitter in the past week.

Click here for the official blog post, where Stephan Tuel also explains how you can participate in Ethereum.