Ethereum (ETH) was created by Vitalik Buterin, He was 19 when he first came up with the idea.Initially, this Canadian-Russian man was interested in the blockchain system. According to him, this system can create a democratic environment everywhere. From businesses to organizations to currencies, no one really controls everything.

Buterin finally pitched this idea to the Thiel Fellowship organization. He ended up getting $100,000 in funding to build Ethereum. In the development process, Ethereum is also assisted through crowdfunding. The crowdfunding process was assisted by other developers such as Dr. Gavin Wood and Joseph Lubin. Ethereum also managed to get funding in sum of 18 million US dollars. Finally, in 2015, this system was born. It continues to grow until it becomes as big as it is now.

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