Today, Ethereum turns 10.
On @ethereum's 10th Anniversary, a concise overview of the key milestones in its mission to transform itself and the global financial system.
A cultural and technological tour de force. 🧵⬇️
🔸 July 30, 2015 - The Ethereum Mainnet Launches
Ethereum’s blockchain goes live, introducing smart contracts and enabling decentralized applications.
🔸 July 20, 2016 - The DAO Hard Fork
Ethereum splits to reverse a $50M hack of The DAO, creating Ethereum Classic and highlighting governance challenges.
🔸 October 16, 2017 - Byzantium Hard Fork
Part of the Metropolis upgrade, Byzantium introduces zk-SNARKs for privacy and sets the stage for scalability.
🔹 November 2, 2018 - @Uniswap v1 Launches
Uniswap, a decentralized exchange, launches on Ethereum, introducing automated market makers and liquidity pools, revolutionizing DeFi trading.
🔹 December 7, 2018 - @MakerDAO's CDP Launches
MakerDAO introduces Collateralized Debt Positions (CDPs), enabling users to lock ETH and mint DAI, a stablecoin, marking a cornerstone for DeFi lending.
🔹 June 15, 2020 - DeFi Summer Begins
Compound’s COMP token introduces liquidity mining, sparking “DeFi Summer,” with rapid growth in lending, borrowing, and trading protocols.
🔸 August 5, 2021 - London Hard Fork
Introduces a new fee structure with base fees and burning mechanism, improving user experience and making ETH deflationary.
⚛️ August 16, 2022 - IPOR Protocol v1 Launches on Ethereum
Offering the first native interest rate derivatives and benchmarks in DeFi and aiming to bring the second-largest TradFi market onchain.
🔸 September 15, 2022 - The Merge
Ethereum transitions from Proof of Work to Proof of Stake, reducing energy consumption by ~99.95% and enabling future upgrades.
🔸 April 12, 2023 - Shanghai Hard Fork
Enables staked ETH withdrawals, enhancing validator participation and solidifying Ethereum’s Proof of Stake ecosystem.
⚛️ May 8, 2023 - IPOR Protocol v2 Launches
Improving the Protocol’s smart contract infrastructure and flexibility.
⚛️ December 18, 2023 - IPOR’s stETH Stake Rate Swap Launches on Ethereum
Another “DeFi-first”, the stETH stake rate swap offers hedging or directional positioning on @LidoFinance's ETH staking rate.
⚛️ December 3, 2024 - The First IPOR Fusion Vaults Launch on Ethereum
Showcasing modularity, security, and staying true to the trustless, onchain ethos of Ethereum, IPOR Fusion Vaults offer LPs a one-click yield optimization experience.
Access the Vaults:
🔸 March 13, 2025 - Pectra Hard Fork
Combines Prague and Electra upgrades, introducing social slashing, account abstraction (EIP-7702), and increasing the staking limit to improve network efficiency.
🟢 Q4 2025: Fusaka Hard Fork
The upcoming Fusaka HF will implement full danksharding and stateless Ethereum via Verkle trees, significantly boosting scalability and reducing costs for DeFi and DApps.
What a journey! And that's just the beginning.
Where will Ethereum be after another decade of evolution?
Make sure you mint your 10th anniversary NFT. 1 day to go.
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