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'The genesis block of Ethereum was mined, marking the official launch of the "Frontier" network. This initial version was a barebones release, allowing developers to start building decentralized applications and experiment.',
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"The network launches with a vision to build a more open internet — one where users own their data, applications run without intermediaries, and value moves freely.",
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'Ethereum\'s genesis block went live, launching the "Frontier" network. This barebones release gave developers their first chance to build decentralized applications and experiment with smart contracts.',
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"Ethereum's mission: an open internet where users control their data, applications run without gatekeepers, and value flows freely between people.",
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],
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image: EthereumLaunchImage,
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},
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{
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title: "DAI: The pioneer stablecoin",
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date: "December, 2015",
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description: [
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"Launch of the first stablecoin. DAI was designed to maintain a soft peg to the U.S. dollar while being backed by various cryptocurrencies deposited in smart-contract vaults.",
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"Unlike centralized stablecoins, DAI's main advantage is that it is managed by a decentralized autonomous organization (DAO) rather than a private company. ",
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"The first decentralized stablecoin launched. DAI maintains a soft peg to the U.S. dollar through cryptocurrency collateral locked in smart contracts.",
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"Unlike centralized stablecoins controlled by companies, DAI is governed by a decentralized autonomous organization (DAO), making it trustless and community-driven.",
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],
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image: StableCoinImage,
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},
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{
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title: "CryptoKitties and the NFT Frontier",
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date: "November, 2017",
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description: [
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"CryptoKitties bring digital ownership to life. This early NFT game showed how Ethereum can enable new forms of expression, collectibility, and culture on the internet",
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"It captured global attention and demonstrated that Ethereum could scale beyond finance into gaming, art, and digital identity.",
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"CryptoKitties brought digital ownership to life. This early NFT game showed how blockchain could enable new forms of expression, collectibility, and culture online.",
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"It proved Ethereum could scale beyond finance into gaming, art, and digital identity, opening entirely new creative possibilities.",
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],
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image: NftImage,
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},
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{
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title: "DeFi Summer",
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date: "June, 2020",
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description: [
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"A period of explosive growth redefines finance. Protocols for lending, trading, and yield generation gain momentum — showcasing the power of open, composable financial infrastructure.",
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"This period sparked enormous user growth, attracting billions in value and building confidence in Ethereum as the home of decentralized finance.",
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"Explosive DeFi growth redefined how the world thinks about finance. Protocols for lending, trading, and yield generation gained massive momentum, showcasing the power of open, composable financial infrastructure.",
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"This period brought billions in value on-chain and established Ethereum as the home of decentralized finance.",
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],
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image: DefiSummerImage,
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},
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{
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title: "The Merge update",
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date: "September 15, 2022",
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description: [
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"Arguably the most significant upgrade in Ethereum's history. The Merge saw the seamless transition of the Ethereum mainnet from Proof-of-Work (PoW) to the Proof-of-Stake (PoS) consensus mechanism.",
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"This event drastically reduced Ethereum's energy consumption by ~99.95%, enhanced network security, and laid the groundwork for future scalability improvements. ",
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"Ethereum's biggest transformation yet. The network seamlessly transitioned from energy-intensive proof-of-work to proof-of-stake. With billions in value on Ethereum, the change was described as like changing an aircraft's engine mid-flight.",
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"The Merge cut Ethereum's energy consumption by 99.95%, strengthened network security, and set the groundwork for future scaling upgrades.",
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],
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image: TheMergeImage,
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},
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{
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title: "Spot ETH ETFs",
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date: "May 23, 2024",
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description: [
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"The approval and launch of Spot Ethereum ETFs in various jurisdictions provided traditional investors with regulated exposure to ETH, further legitimizing it as an asset class.",
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"A growing trend of tokenizing real-world assets (like real estate, private credit, and treasuries) on Ethereum also gained significant traction, with major financial institutions exploring and launching RWA initiatives.",
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"Wall Street embraces Ethereum. Spot ETH ETFs launched, bringing institutional capital and regulatory legitimacy to the world's leading smart contract platform.",
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"The approval signaled broader acceptance of tokenized real-world assets, with major financial institutions now building on Ethereum to bring everything from real estate to treasury bonds on-chain.",
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