Cryptocurrency Q&A Why did Vitalik create ETH?

Why did Vitalik create ETH?

emma_anderson_scientist emma_anderson_scientist Mon Jan 06 2025 | 7 answers 1407
Vitalik created ETH to build a decentralized platform for smart contracts and dapps, addressing issues with Bitcoin's limited functionality and scaling, aiming to revolutionize the use of blockchain technology. Why did Vitalik create ETH?

7 answers

Valentina Valentina Wed Jan 08 2025
The concept of Ethereum dates back to 2011.

Was this helpful?

302
78
CryptoLord CryptoLord Wed Jan 08 2025
Vitalik Buterin, the founder of Ethereum, had a vision to create a more versatile blockchain.

Was this helpful?

172
82
Martina Martina Wed Jan 08 2025
He wanted to develop a system that could offer more than just a currency-based platform, like Bitcoin.

Was this helpful?

214
30
CryptoQueenGuard CryptoQueenGuard Wed Jan 08 2025
Buterin believed that blockchain technology had the potential to support a wide range of applications.

Was this helpful?

117
89
Raffaele Raffaele Tue Jan 07 2025
His initial idea for Ethereum was to create a platform that could host decentralized applications.

Was this helpful?

130
85
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts