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Ethereum First NFT by Snowden on behalf of the Freedom of Press Foundation. [19] $6.2 $5.23 Save Thousands of Lives: 2021 May 8, 2021: Noora Health Paul Graham: Ethereum Sold for 1,337 ETH in charity auction. [20] $5.2 $4.40 Doge (meme) 2021 June 12, 2021: Atsuko Sato "PleasrDAO" Ethereum Highest selling meme NFT. [21] 1,696.69 ETH. [22] $5.2 ...
At the height of the CryptoKitties craze, Ethereum’s price reached a then-record high of $1,396 in January 2018 — up 333%. By late March 2018, Ethereum had dropped to just below $400.
In March 2022, a collector by the name of "Dino Dealer" claimed to have accidentally listed an EthRock for 444 WEI ($0.0012 USD) instead of 444 ETH ($1.2M USD), and said that it had been immediately sniped by a bot. The NFT was then relisted at $600,000.
Ethereum is a decentralized blockchain with smart contract functionality. Ether (abbreviation: ETH [a]) is the native cryptocurrency of the platform. Among cryptocurrencies, ether is second only to bitcoin in market capitalization. [2] [3] It is open-source software. Ethereum was conceived in 2013 by programmer Vitalik Buterin. [4]
On 15 September 2022, the world's second largest cryptocurrency at that time, Ethereum, transitioned its consensus mechanism from proof-of-work (PoW) to proof-of-stake (PoS) in an upgrade process known as "the Merge". According to the Ethereum Founder, the upgrade would cut both Ethereum's energy use and carbon-dioxide emissions by 99.9%. [28]
The Ethereum Foundation applied their trademark to the new, altered version of the Ethereum blockchain. [2] The older, unaltered version of Ethereum was renamed and continued on as Ethereum Classic. [2] Ethereum Classic's native Ether token is a cryptocurrency traded on digital currency exchanges under the currency code ETC. [3]
On December 18, 2017, DAI was launched on the main Ethereum network. The price of DAI was successfully kept close to one US dollar during its first year of existence, even though the price of Ether, the only collateral available at the time, declined by more than 80% during the same time period. [6]
The Pakistan Mint was founded in September 1943 as His Majesty's Mint when, during World War II, the British Indian government relocated mint operations from Calcutta to Lahore in response to Japanese bombing. [1] After the partition of India in 1947, the mint was renamed Pakistan Mint. [1] [2]