Ethereum and smart contracts
Ethereum y contratos inteligentes
- Date
- 2015 · confidence high
- Place
- Zug, Switzerland (Ethereum Foundation); Vitalik Buterin's concept conceived in Toronto
- Credited to
- Vitalik Buterin, Gavin Wood and other co-founders
- People
- 👤 Gavin Wood1980–👤 Vitalik Buterin1994–
- Field
- Knowledge & symbols
What it is
Programmable blockchain that runs smart contracts on a decentralised virtual machine. It extended Bitcoin's idea to financial applications and tokens.
What it led to
- Decentralised finance (DeFi), NFTs and ICOs
- The regulation of crypto assets and the fraud associated with them
- Proof of stake as an energy alternative (2022)
Built on
- Bitcoin and blockchain2008-2009
- Szabo's smart contracts (1994)
Made possible
- DeFi
- NFT
- decentralised autonomous organisations