Did you know that the value of Bitcoin has increased to $ 4,584.12 per coin, as of this writing? When the price of Bitcoin falls below $ 4,000 in September 2017, many experts consider it then the bankruptcy of the shareholders of the crypto currency. But you believe them? I myself am not! On September 1, 2017, the price of Bitcoin rose to a high of $ 4,904.9 and nearly broke through $ 5,000 before falling on the market due to negative comments from JP Morgan boss Janie Dimon. But since then, digital coins have wiped away their own defeat dust and pushed forward at an unstoppable pace. In 2011, Buterin started working on the concept. He has written hundreds of articles on Bitcoin for the Bitcoin Magazine he founded since 2011. Not long after, he initiated a white paper depicting the platform he wanted to create, which could do more than Bitcoin. He calls this innovative concept Ethereum.
At the same time, Wood pulls out a yellow paper with technical data that outlines how Ethereum works. Shortly thereafter, Lubin, who specializes in building decentralized applications, joins, and participates in its development. The platform was officially launched in June 2015 to mark the entry into the market.