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Eth facts & stats
4 sourced facts about Ethereum, the cryptocurrency and blockchain platform, each with the context behind the number. 4 more are in today's round and appear here after it closes.
The basics
Ether (ETH) has long ranked where among all cryptocurrencies by market capitalization?
Answer2nd largest
Ether has ranked as the 2nd-largest cryptocurrency by market cap behind Bitcoin since at least 2018.
Source: Wikipedia (Ethereum) (2021) en.wikipedia.org
Going deeper
In September 2022, Ethereum's 'Merge' switched its consensus system from proof-of-work to proof-of-stake. What did this do to its energy use?
Answercut it by over 99%
The Merge in September 2022 moved Ethereum to proof-of-stake, slashing its energy consumption by more than 99% almost overnight.
Source: Wikipedia (Ethereum) (2022) en.wikipedia.org
Expert level
How much ether was stolen in the June 2016 hack of The DAO?
Answer3.6 million ETH (about $50 million then)
Attackers drained 3.6 million ETH, about a third of The DAO's funds, worth roughly $50 million at the time — leading Ethereum to hard-fork in response.
Source: Wikipedia (The DAO) (2016) en.wikipedia.org
The term 'smart contract,' central to Ethereum, was coined by computer scientist Nick Szabo around what year — well before Ethereum existed?
Answeraround 1996
Nick Szabo coined 'smart contract' around 1996, nearly two decades before Ethereum's 2015 launch turned the idea into a working platform.
Source: Wikipedia (Smart contract) (2023) en.wikipedia.org
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